Talmer Bancorp (TLMR) 10-K 29 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Feb. 24, 2016	Jun. 30, 2015
Document and Entity Information
Entity Registrant Name	TALMER BANCORP, INC.
Entity Central Index Key	1,360,683
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 978.1
Entity Common Stock, Shares Outstanding		66,808,465
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks		$ 74,734	$ 86,185
Interest-bearing deposits with other banks		137,589	96,551
Federal funds sold and other short-term investments		175,000	71,000
Total cash and cash equivalents		387,323	253,736
Securities available-for-sale		890,770	740,819
Federal Home Loan Bank stock		29,621	20,212
Loans held for sale, at fair value		58,223	93,453
Loans:
Total loans		4,806,700	4,249,127
Less: Allowance for loan losses		(53,953)	(55,172)
Net total loans		4,752,747	4,193,955
Premises and equipment		43,570	48,389
Other real estate owned and repossessed assets		28,259	48,743
Loan servicing rights		58,113	70,598
Core deposit intangible		12,808	13,035
Goodwill		3,524	0
Company-owned life insurance		107,065	97,782
Income tax benefit		177,183	177,472
FDIC indemnification asset		0	67,026
FDIC receivable		0	6,062
Other assets		46,684	40,982
Total assets		6,595,890	5,872,264
Deposits:
Noninterest-bearing demand deposits		1,011,414	887,567
Interest-bearing demand deposits		849,599	660,697
Money market and savings deposits		1,314,909	1,170,236
Time deposits		1,609,895	1,188,178
Other brokered funds		228,764	642,185
Total deposits		5,014,581	4,548,863
Short-term borrowings		348,998	135,743
Long-term debt		464,057	353,972
FDIC clawback liability		0	26,905
FDIC warrants payable		0	4,633
Other liabilities		43,039	40,541
Total liabilities		5,870,675	5,110,657
Shareholders' equity
Preferred stock		0	0
Common stock:
Additional paid-in-capital		316,571	405,436
Retained earnings		339,130	281,789
Accumulated other comprehensive income, net of tax		3,399	3,850
Total shareholders' equity		725,215	761,607
Total liabilities and shareholders' equity		6,595,890	5,872,264
Class A Voting Common Stock
Common stock:
Common stock		66,115	70,532
Class B Non-Voting Common Stock
Common stock:
Common stock		0	0
Commercial real estate
Loans:
Total loans		1,568,097	1,497,600
Residential real estate
Loans:
Total loans	[1]	1,547,799	1,534,238
Commercial and industrial
Loans:
Total loans		1,257,406	902,125
Real estate construction
Loans:
Total loans	[1]	241,603	141,075
Consumer
Loans:
Total loans		$ 191,795	$ 174,089
[1]	Amounts represent loans for which the Company has elected the fair value option. See Note 3.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, Authorized shares	20,000,000	20,000,000
Preferred stock, Issued shares	0	0
Preferred stock, outstanding shares	0	0
Residential real estate
Total loans, excluding covered loans, measured at fair value (in dollars)	$ 22.2	$ 18.3
Real estate construction
Total loans, excluding covered loans, measured at fair value (in dollars)	$ 0	$ 1.2
Class A Voting Common Stock
Common Stock, par value (in dollars per share)	$ 1	$ 1
Common Stock, Authorized shares	198,000,000	198,000,000
Common Stock, Issued shares	66,114,798	70,532,122
Common stock, outstanding shares	66,114,798	70,532,122
Class B Non-Voting Common Stock
Common Stock, par value (in dollars per share)	$ 1	$ 1
Common Stock, Authorized shares	2,000,000	2,000,000
Common Stock, Issued shares	0	0
Common stock, outstanding shares	0	0

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Interest income
Interest and fees on loans	$ 236,735	$ 226,674	$ 194,857
Interest on investments
Taxable	10,663	8,509	6,097
Tax-exempt	7,079	6,232	4,230
Total interest on securities	17,742	14,741	10,327
Interest on interest-earning cash balances	387	640	776
Interest on federal funds and other short-term investments	1,159	527	930
Dividends on FHLB stock	1,029	867	872
FDIC indemnification asset	(22,164)	(26,426)	(28,040)
Total interest income	234,888	217,023	179,722
Interest expense
Interest-bearing demand deposits	1,468	824	673
Money market and savings deposits	2,385	1,930	1,889
Time deposits	9,431	6,080	5,864
Other brokered funds	2,254	879	142
Interest on short-term borrowings	967	420	105
Interest on long-term debt	3,717	2,627	3,052
Total interest expense	20,222	12,760	11,725
Net interest income	214,666	204,263	167,997
Provision (benefit) for loan losses	(9,203)	4,327	5,098
Net interest income after provision for loan losses	223,869	199,936	162,899
Noninterest income
Deposit fee income	9,888	12,225	15,886
Mortgage banking and other loan fees	5,569	1,163	30,853
Net gain on sales of loans	29,585	17,747	41,212
Accelerated discount on acquired loans	32,689	18,197	17,154
Net gain (loss) on sales of securities	99	(2,066)	392
Company-owned life insurance	3,115	2,691	1,328
FDIC loss share income	(9,692)	(6,211)	(10,226)
Net gain on sale of branches	0	14,410	0
Bargain purchase gain	0	41,977	71,702
Other income	15,192	17,366	12,837
Total noninterest income	86,445	117,499	181,138
Noninterest expense
Salary and employee benefits	113,097	121,744	146,609
Occupancy and equipment expense	28,546	31,806	26,755
Data processing fees	6,618	6,399	7,591
Professional service fees	12,786	12,952	16,640
Bank acquisition and due diligence fees	2,272	3,765	8,693
Marketing expense	5,550	4,923	3,484
Other employee expense	3,425	2,674	3,096
Insurance expense	5,933	5,697	9,974
FDIC loss share expense	1,374	2,158	2,007
Net loss on early termination of loss share with FDIC	20,364	0	0
Other expense	26,354	26,762	25,965
Total noninterest expense	226,319	218,880	250,814
Income before income taxes	83,995	98,555	93,223
Income tax provision (benefit)	23,866	7,705	(5,335)
Net income	$ 60,129	$ 90,850	$ 98,558
Earnings per common share:
Basic (in dollars per share)	$ 0.87	$ 1.30	$ 1.49
Diluted (in dollars per share)	$ 0.81	$ 1.21	$ 1.41
Average common shares outstanding - basic (in shares)	68,646	69,605	66,230
Average common shares outstanding - diluted (in shares)	73,331	75,150	69,664
Cash dividends declared on common stock	$ 2,788	$ 1,410	$ 0
Cash dividends declared per common share (in dollars per share)	$ 0.04	$ 0.02	$ 0

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net income	$ 60,129	$ 90,850	$ 98,558
Other comprehensive income (loss):
Unrealized holding gains (losses) on securities available-for-sale arising during the period	(525)	16,381	(17,937)
Reclassification adjustment for (gains) losses on realized income	(99)	2,066	(392)
Tax effect	218	(6,456)	6,415
Net unrealized gains (losses) on securities available-for-sale, net of tax	(406)	11,991	(11,914)
Unrealized losses on interest rate swaps designated as cash flow hedges	(507)	(259)	0
Reclassification adjustment for losses included in net income	437	37	0
Tax effect	25	77	0
Net unrealized losses on interest rate swaps designated as cash flow hedges, net of tax	(45)	(145)	0
Other comprehensive income (loss), net of tax	(451)	11,846	(11,914)
Total comprehensive income, net of tax	$ 59,678	$ 102,696	$ 86,644

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Balance at Dec. 31, 2012	$ 520,743	$ 66,229	$ 356,836	$ 93,760	$ 3,918
Balance (in shares) at Dec. 31, 2012		66,229
Increase (Decrease) in Stockholders' Equity
Cumulative effect adjustment of change in accounting policy to beginning retained earnings	31			31
Net income	98,558			98,558
Other comprehensive income (loss)	(11,914)				(11,914)
Stock-based compensation expense	9,556		9,556
Issuance of common shares	41	$ 5	36
Issuance of common shares (in shares)		5
Cash dividends paid on common stock	0
Balance at Dec. 31, 2013	617,015	$ 66,234	366,428	192,349	(7,996)
Balance (in shares) at Dec. 31, 2013		66,234
Increase (Decrease) in Stockholders' Equity
Net income	90,850			90,850
Other comprehensive income (loss)	11,846				11,846
Stock-based compensation expense	1,132		1,132
Restricted stock awards	0	$ 378	(378)
Restricted stock awards (in shares)		378
Issuance of common shares	42,174	$ 3,920	38,254
Issuance of common shares (in shares)		3,920
Cash dividends paid on common stock	(1,410)			(1,410)
Balance at Dec. 31, 2014	$ 761,607	$ 70,532	405,436	281,789	3,850
Balance (in shares) at Dec. 31, 2014	70,532	70,532
Increase (Decrease) in Stockholders' Equity
Net income	$ 60,129
Other comprehensive income (loss)	(451)				(451)
Stock-based compensation expense	1,780		1,780
Restricted stock awards	15	$ 367	(352)
Restricted stock awards (in shares)		367
Issuance of common shares	(198)	$ 293	(491)
Issuance of common shares (in shares)		293
Repurchase of warrants to purchase 2.5 million shares, at fair value			(19,892)
Repurchase of 5.1 million shares	$ (74,987)	$ (5,077)	(69,910)
Repurchase of 5.1 million shares (in shares)	(5,100)	(5,077)
Cash dividends paid on common stock	$ (2,788)			(2,788)
Balance at Dec. 31, 2015	$ 725,215	$ 66,115	$ 316,571	$ 339,130	$ 3,399
Balance (in shares) at Dec. 31, 2015		66,115

Consolidated Statements of Cha7

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares shares in Millions	3 Months Ended						12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2015	Dec. 31, 2014
Statement of Stockholders' Equity [Abstract]
Dividend paid (in dollars per share)	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.04	$ 0.02
Number of warrants repurchased (in shares)							2.5
Shares repurchased during period (in shares)							(5.1)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities
Net income		$ 60,129	$ 90,850	$ 98,558
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		7,263	6,801	8,048
Amortization of core deposit intangibles		2,637	2,801	2,682
Stock-based compensation expense		1,780	1,132	9,556
Provisions for loan losses		(9,203)	4,327	5,098
Originations of loans held for sale		(1,135,101)	(1,049,213)	(2,339,095)
Proceeds from sales of loans		1,192,342	1,064,107	2,519,722
Net gain from sales of loans		(29,585)	(17,747)	(41,212)
Net gain from sale of branches		0	(14,410)	0
Net (gain)/loss on sales of securities		(99)	2,066	(392)
Gain on acquisition		0	(41,977)	(71,702)
Gain on extinguishment of FHLB advances		0	0	(1,736)
Valuation allowance and writedowns on other real estate and other repossessed assets		9,273	6,139	6,874
Valuation change in Company-owned life insurance		(3,115)	(2,691)	(1,328)
Valuation change in loan servicing rights		10,647	17,037	(7,063)
Net additions to loan servicing rights		(10,864)	(8,265)	(23,916)
Net decrease in FDIC indemnification asset and receivable, net of cash payments received		36,211	51,580	72,392
Write-off of FDIC indemnification asset and receivable	[1]	33,169	0	0
Write-off of clawback liability	[1]	(27,269)	0	0
Net gain on sales of other real estate owned and repossessed assets		(5,984)	(8,414)	(3,909)
Net (increase)/decrease in accrued interest receivable and other assets		(20,023)	6,169	11,585
Net increase/(decrease) in accrued expenses and other liabilities		(1,230)	5,713	(3,612)
Net securities premium amortization		7,620	5,489	7,539
Deferred income tax (benefit)/expense		19,022	(5,258)	12,647
Change in valuation allowance of deferred income tax asset		2,292	(10,127)	(14,426)
Other, net		888	551	1,617
Net cash from operating activities		140,800	106,660	247,927
Cash flows from investing activities
Net increase in loans		(333,600)	(672,035)	(179,951)
Purchases of loans		(73,385)	(159,585)	0
Purchases of FHLB stock		(10,922)	(10,723)	(490)
Purchases of securities available-for-sale		(353,554)	(298,033)	(421,533)
New investments in Company-owned life insurance		(1,430)	(55,591)	0
Purchases of premises and equipment		(4,793)	(11,138)	(2,629)
Payments received from FDIC under loss share agreements		3,708	14,976	32,319
Proceeds from:
Maturities and redemptions of securities available-for-sale		173,815	119,312	239,835
Redemption of FHLB Stock		2,387	12,747	0
Sale of securities available-for-sale		55,665	82,496	31,667
Sale of loan servicing rights		12,702	0	0
Sale of loans		0	123,833	3,542
Sale of other real estate owned and repossessed assets		46,589	48,215	37,045
Sale of premises and equipment		2,639	3,711	109
Sale of deposits		0	(389,476)	0
Net cash provided from acquisition		810	209,831	394,805
Net cash from (used in) investing activities		(479,369)	(981,460)	134,719
Cash flows from financing activities
Net increase/(decrease) in deposits		264,265	493,632	(250,619)
Draw on senior unsecured line of credit		30,000	0	35,000
Repayments of senior unsecured line of credit		0	(35,000)	0
Net increase/(decrease) in short-term borrowings		183,255	98,849	(3,354)
Issuances of long-term FHLB advances		350,000	180,000	30,000
Repayments of long-term FHLB advances		(248,020)	(23,564)	(179,630)
Repayments on long-term sweep repurchase agreements		(1,644)	(1,635)	(1,627)
Repayments of subordinated debt		(3,500)	0	0
Other changes in long-term debt		163	134	128
Settlement of warrant payable	[1]	(4,513)	0	0
Repurchase of 5.0 million shares, at fair value		(74,987)	0	0
Repurchase of warrants to repurchase 2.5 million shares, at fair value		(19,892)	0	0
Issuance of common stock and restricted stock awards, including tax benefit		(183)	42,174	41
Cash dividends paid on common stock ($0.04 per share for the year ended 12/31/2015 and $0.02 per share for the year ended 12/31/2014)		(2,788)	(1,410)	0
Net cash from (used in) financing activities		472,156	753,180	(370,061)
Net change in cash and cash equivalents		133,587	(121,620)	12,585
Beginning cash and cash equivalents		253,736	375,356	362,771
Ending cash and cash equivalents		387,323	253,736	375,356
Supplemental disclosure of cash flow information:
Interest paid		18,130	12,207	11,084
Income taxes paid, net of refunds		16,735	5,808	15,800
Transfer from loans to other real estate owned and repossessed assets		27,235	32,808	22,660
Loans securitized		0	0	10,359
Net transfer of loans held for investment to loans held for sale		6,960	18,819	17,708
Transfer from premises and equipment to other real estate owned		889	480	4,052
Increase in assets and liabilities in acquisitions:
Securities		34,022	13,619	139,764
FHLB stock		874	5,933	12,993
Loans held for sale		0	0	213,946
Loans		162,265	571,666	1,530,376
Premises and equipment		2,077	6,724	22,168
Loan servicing rights		0	767	41,967
Company-owned life insurance		4,719	0	38,172
Other real estate owned and repossessed assets		1,260	30,878	18,448
Core deposit intangible		2,410	3,633	9,816
Goodwill		3,524	0	0
Other assets		6,462	62,542	128,278
Deposits		201,453	857,769	2,121,258
Short-term borrowings		0	18	21,892
Long-term debt		13,086	0	312,956
Other liabilities		$ 3,884	$ 5,829	$ 22,925
[1]	Due to the early termination of our loss share agreements, the balances at the time of the effective termination of the FDIC indemnification asset, receivable, clawback liability and warrant payable were written off.

Consolidated Statements of Cas9

Consolidated Statements of Cash Flows (Parenthetical) - $ / shares	3 Months Ended						12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2015	Dec. 31, 2014
Statement of Cash Flows [Abstract]
Cash dividends declared on common stock (in dollars per share)	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.04	$ 0.02

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations and Principles of Consolidation : The consolidated financial statements include Talmer Bancorp, Inc., (the "Company"), a registered bank holding company, and the accounts and operations of its wholly owned subsidiary bank, Talmer Bank and Trust, ("Talmer Bank" or the "Bank"). Intercompany transactions and balances are eliminated in consolidation. The Company provides financial services through 80 offices as of December 31, 2015 , located in Midwest markets in Southeastern Michigan, smaller communities in Northeastern Michigan, Northeastern and Eastern Ohio and Chicago, Illinois and additionally operates one branch in Las Vegas, Nevada. The Company is a full service community bank offering a full suite of commercial and retail banking, mortgage banking, wealth management and trust services to small and medium-sized businesses and individuals within its geographic footprint. Our product line includes loans to small and medium-sized businesses, residential mortgage loans, commercial real estate loans, residential and commercial construction and development loans, consumer loans, home equity loans, agricultural loans, and a variety of commercial and consumer demand, savings and time deposit products. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate. Commercial loans are expected to be repaid from cash flow from operations of businesses. There are no significant concentrations of loans to any one industry or customer. However, the customers' ability to repay their loans is dependent on the real estate and general economic conditions in the area. The Company also engages in mortgage banking activities and, as such, acquires, sells, and services one-to-four family residential mortgage loans and construction loans. On February 17, 2015, the Company repurchased an aggregate of 2,529,416 warrants to purchase shares of Class A common stock including 1,623,162 of warrants issued on April 30, 2010, 109,122 of warrants issued on February 21, 2012 and 797,132 of warrants issued on December 27, 2012. The purchase price was based upon the fair value of the warrants on February 17, 2015, determined utilizing the closing price of our stock on the date of repurchase, and resulted in an aggregate purchase price of $19.9 million . On August 21, 2015, Talmer West Bank was merged with and into Talmer Bank. On August 31, 2015, the Company repurchased 5,077,000 shares of our Class A common stock in an underwritten public offering by which funds affiliated with WL Ross & Co. LLC ("WL Ross Funds") agreed to sell 9,664,579 shares of their Talmer Class A common stock. The WL Ross Funds received all of the net proceeds from the offering. The purchase price in the offering was $14.77 per share, for an aggregate purchase price of $75.0 million . The shares repurchased by the Company were immediately retired following the purchase. On December 28, 2015, the Company entered into an early termination agreement with the FDIC that terminated the Bank's loss share agreements with the FDIC. The Company and the FDIC also agreed to terminate the warrant to purchase 390,000 shares of Class B non-voting common stock issued to the FDIC. Under the early termination agreement, Talmer Bank paid $11.7 million to the FDIC as consideration for the early termination of the loss share agreements, and under the warrant termination agreement, the Company paid $4.5 million to the FDIC as consideration to terminate all outstanding warrants. The early loss share termination and warrant termination resulted in a pre-tax charge of $20.4 million , or approximately $13.9 million after tax, during the year ended December 31, 2015. This charge resulted from the write-off of the remaining FDIC indemnification assets and FDIC receivable and the $16.2 million total payment to the FDIC, partially offset by the release of both the FDIC warrant payable and the FDIC clawback liability. As a result of the transaction, all loans, allowance for loan losses and other real estate owned previously classified as covered were reclassified to uncovered effective October 1, 2015. The termination of the FDIC loss share agreements has no impact on the yield or loan loss provision of the previously covered loans. All rights and obligations of the parties under the loss share agreements were eliminated under the termination agreement. Talmer Bank will now recognize entirely all future charge-offs, recoveries, gains, losses and expenses related to the former covered assets, as the FDIC no longer is sharing in such amounts. Subsequent Event : For information about the Company's subsequent planned merger with Chemical Financial Corporation refer to Note 25, Subsequent Events. Use of Estimates : To prepare financial statements in conformity with U.S. generally accepted accounting principles ("GAAP"), management is required to make estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ. Cash Flows : Cash and cash equivalents include cash, deposits with other financial institutions with maturities fewer than 90 days, and federal funds sold. Net cash flows are reported for customer loan and deposit transactions, interest bearing deposits in other financial institutions, and federal funds purchased and repurchase agreements. Interest-Bearing Deposits with Other Banks : Interest-bearing deposits in other financial institutions mature within one year and are carried at cost. Investment Securities : Debt securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them to maturity. Securities that are not held for trading purposes are accounted for as securities available-for-sale and are recorded at fair value, with the unrealized gains and losses, net of income taxes, reported as a separate component of accumulated other comprehensive income (loss) in shareholders' equity. Interest income includes amortization of purchase premium or accretion of purchase discount. Premiums and discounts on securities are amortized on the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Management evaluates securities for other-than-temporary impairment ("OTTI") on at least a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. For debt securities in an unrealized loss position, management assesses whether it intends to sell, or if it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the income statement and 2) OTTI related to other factors, which is recognized in other comprehensive income (loss). The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. Federal Home Loan Bank ("FHLB") Stock : Talmer Bank and Trust is a member of the FHLB of Indianapolis. Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on the ultimate recovery of par value. Both cash and stock dividends are reported as income. Loans Held for Sale : Mortgage and construction loans intended for sale in the secondary market are carried at fair value based on the Company's election of the fair value option. The fair value includes the servicing value of the loans as well as any accrued interest. These loans are sold both with servicing rights retained and with servicing rights released. Under current business practice, the majority of loans sold are sold with servicing rights retained. Loans : Purchased Loans : Purchased loans are recorded at fair value at the date of acquisition based on a discounted cash flow methodology that considered various factors including the type of loan and related collateral, classification status, fixed or variable interest rate, term of loan and whether or not the loan was amortizing, and a discount rate reflecting the Company's assessment of risk inherent in the cash flow estimates. Larger purchased loans are individually evaluated while smaller purchased loans are grouped together according to similar characteristics and were treated in the aggregate when applying various valuation techniques. These cash flow evaluations are inherently subjective as they require material estimates, all of which may be susceptible to significant change. The Company accounts for purchased credit impaired loans in accordance with the provisions of Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Subtopic 310-30, " Receivables—Loans and Debt Securities Acquired with Deteriorated Credit Quality " ("ASC 310-30"). The cash flows expected to be collected on purchased loans are estimated based upon the expected remaining life of the underlying loans, which includes the effects of estimated prepayments. Purchased loans are considered credit impaired if there is evidence of credit deterioration at the date of purchase and if it is probable that not all contractually required payments will be collected. Purchased credit impaired loans are not classified as nonperforming assets as the loans are considered performing under ASC 310-30. Interest income, through accretion of the difference between the carrying value of the loans and the expected cash flows is recognized on all purchased loans accounted for under ASC 310-30. Expected cash flows are re-estimated quarterly for all loans accounted for under ASC 310-30. A decline in the present value of current expected cash flows compared to the previously estimated expected cash flows, due in any part to change in credit, is referred to as credit impairment and recorded as provision for loan losses during the period. Declines in the present value of expected cash flows only from the expected timing of such cash flows is referred to as timing impairment and recognized prospectively as a decrease in yield on the loan. Improvement in expected cash flows is recognized prospectively as an adjustment to the yield on the loan once any previously recorded impairment is recaptured. Accelerated discounts on acquired loans result from the accelerated recognition of a portion of the loan discount that would have been recognized over the expected life of the loan and occur when a loan is paid in full or otherwise settled. Purchased loans outside the scope of ASC 310-30 including purchased loans with revolving privileges, are accounted for under FASB ASC Topic 310-20, " Receivables—Nonrefundable Fees and Other Costs " ("ASC 310-20") or under FASB ASC Topic 310-40, " Receivables—Troubled Debt Restructurings by Creditors " ("ASC 310-40"), where applicable. Discounts created when the loans were recorded at their estimated fair values at acquisition are amortized over the remaining term of the loan as an adjustment to the related loan's yield. Loans are considered past due or delinquent when the contractual principal or interest due in accordance with the terms of the loan agreement or any portion thereof remains unpaid after the due date of the scheduled payment. Purchased loans accounted for under ASC 310-30 are classified as performing, even though they may be contractually past due, as any nonpayment of contractual principal or interest is considered in the quarterly re-estimation of expected cash flows and is included in the resulting recognition of current period provision for loan losses or future period yield adjustments. Purchased loans outside the scope of ASC 310-30 are classified as nonaccrual when, in the opinion of management, collection of principal or interest is doubtful. Generally, loans outside the scope of ASC 310-30 are placed in nonaccrual status due to the continued failure to adhere to contractual payment terms by the borrower coupled with other pertinent factors, such as insufficient collateral value. The accrual of interest income, for loans outside the scope of ASC 310-30, on commercial and industrial, commercial real estate, residential real estate and real estate construction loans is discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection, or if full collection of interest or principal becomes uncertain. The accrual of interest income for bankruptcy loans is discontinued upon notification of bankruptcy status of the borrower. Consumer loans outside the scope of ASC 310-30 are typically charged off no later than 120 days past due. Past due status is based on the contractual terms of the loan. In all cases, loans outside the scope of ASC 310-30 are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued, but not received for a loan placed on nonaccrual, is charged against interest income. Interest received on such loans is accounted for on the cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Prior to the termination of the loss share agreements with the FDIC, certain loans acquired in FDIC-assisted transactions were initially covered under loss share agreements and referred to as covered loans. Pursuant to the terms of the loss share agreements, the FDIC would reimburse the Company for 80% of losses incurred on covered loans. For certain purchased loans, the reimbursement rate for losses were reduced for losses above a certain threshold. The Company would reimburse the FDIC for its share of recoveries with respect to losses for which the FDIC paid the Company a reimbursement under the loss share agreement. For loans that were fully charged off prior to acquisition, the FDIC would reimburse the Company for 50% of expenses incurred to collect on the loan and the Company would reimburse the FDIC for 50% of the recoveries recognized from its collection efforts. All rights and obligations of the parties under the loss share agreements were eliminated under the termination agreement. Talmer Bank will now recognize entirely all future charge-offs, recoveries, gains. losses and expenses related to the former covered assets, as the FDIC no longer is sharing in such amounts. Originated Loans : Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, net of unearned income, deferred loan fees and costs, and any direct principal charge-offs. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income over the remaining life of the loan without anticipating prepayments. During the normal course of business, loans originated with the initial intention to sell, but not ultimately sold, are transferred from held for sale to our portfolio of loans held for investment. During the year ended December 31, 2015 , the Company transferred $7.0 million of loans held for sale to our portfolio of loans held for investment. In accordance with the provisions of FASB ASC Topic 825 " Financial Instruments ," loans elected to be carried at fair value retain the election and continue to be carried at fair value. Loans held for sale are carried at fair value based on the Company's election of the fair value option, and as such, the loans transferred from held for sale will continue to be reported at fair value. The fair value of these loans is estimated using discounted cash flows taking into consideration current market interest rates, loan repricing characteristics and expected loan prepayment speeds, while also taking into consideration other significant unobservable inputs such as the payment history and credit quality characteristic of each individual loan, and an illiquidity discount reflecting the relative illiquidity of the market. Loans are considered past due or delinquent when the contractual principal or interest due in accordance with the terms of the loan agreement or any portion thereof remains unpaid after the due date of the scheduled payment. Loans are classified as nonaccrual when, in the opinion of management, collection of principal or interest is doubtful. Generally, loans are placed in nonaccrual status due to the continued failure to adhere to contractual payment terms by the borrower coupled with other pertinent factors, such as, insufficient collateral value. The accrual of interest income on single family residential mortgage, commercial and commercial real estate loans is discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection, or if full collection of interest or principal becomes uncertain. Consumer loans are typically charged off no later than 120 days past due. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not received for a loan placed on nonaccrual is charged against interest income. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. For further information about the loan portfolio, refer to Note 5. Allowance for Loan Losses : Purchased Loans : The Company maintains an allowance for loan losses on purchased loans based on credit deterioration subsequent to the acquisition date. In accordance with the accounting guidance for business combinations, there was no allowance brought forward on any of the acquired loans as any credit deterioration evident in the loans was included in the determination of the fair value of the loans at the acquisition date. For purchased credit impaired loans accounted for under ASC 310-30 and troubled debt restructurings previously individually accounted for under ASC 310-30, management establishes an allowance for credit deterioration subsequent to the date of acquisition by re-estimating expected cash flows on these loans on a quarterly basis, with any decline in expected cash flows due to credit triggering impairment recorded as provision for loan losses. Impairment is measured as the excess of the recorded investment in a loan over the present value of expected future cash flows, discounted at the pre-impairment accounting yield of the loan. For any increases in cash flows expected to be collected, the Company first reverses any previously recorded allowance for loan losses, then adjusts the amount of accretable yield recognized on a prospective basis over the loan's remaining life. For purchased non-credit impaired loans acquired in the acquisitions of First Place Bank and Talmer West Bank that are accounted for under ASC 310-20, the historical loss estimates are based on the historical losses experienced by First Place Bank or Talmer West Bank, as applicable or Talmer Bank, following each bank's respective merger with Talmer Bank, for loans with similar characteristics as those acquired other than purchased credit impaired loans. We record an allowance for loan losses only when the calculated amount exceeds the remaining credit mark established at acquisition. For all other purchased loans accounted for under ASC 310-20 or under ASC 310-40, the allowance is calculated in accordance with the methods used to calculate the allowance for loan losses for originated loans. Originated loans : The allowance for loan losses represents management's assessment of probable, incurred credit losses inherent in the loan portfolio. The allowance for loan losses consists of specific allowances, based on individual evaluation of certain loans, and allowances for homogeneous pools of loans with similar risk characteristics. Impaired loans include loans placed on nonaccrual status and troubled debt restructurings. Loans are considered impaired when based on current information and events it is probable the Company will be unable to collect all amounts due in accordance with the original contractual terms of the loan agreements. When determining if the Company will be unable to collect all principal and interest payments due in accordance with the original contractual terms of the loan agreement, the Company considers the borrower's overall financial condition, resources and payment record, support from guarantors, and the realizable value of any collateral. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower's prior payment record, and the amount of the shortfall in relation to the principal and interest owed. For loans not accounted for under ASC 310-30, the Company individually assesses for impairment all nonaccrual loans and TDRs. Loans that do not meet the criteria to be evaluated individually are evaluated in homogeneous pools of loans with similar characteristics. The allowance for commercial and industrial, commercial real estate and real estate construction loans that are not individually evaluated for impairment begins with a process of estimating probable incurred losses in the portfolio. These estimates are established based on our internal credit risk ratings and historical loss data. We assign internal credit risk ratings to each business loan at the time the loan is approved and these risk ratings are subjected to subsequent periodic reviews by senior management, at least annually or more frequently upon the occurrence of a circumstance that affects the credit risk of the loan. Since the operating history of Talmer Bank is limited and it has grown rapidly, the historical loss estimates for loans are based on a combination of actual historical loss experienced by all banks in Michigan, Ohio, Illinois and Nevada and our own historical losses. Loss estimates are established by loan type including residential real estate, commercial real estate, commercial and industrial, real estate construction and consumer, and further segregated by region, including Michigan, Ohio, Illinois and Nevada, where applicable. In addition, management consideration is given to borrower rating migration experience and trends, industry concentrations and conditions, changes in collateral values of properties securing loans and trends with respect to past due and nonaccrual amounts and any adjustments are made accordingly. The allowance is increased by the provision for loan losses charged to expense and decreased by actual charge-offs, net of recoveries of previous amounts charged-off. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Allocations of the allowance may be made for specific loans, but the entire allowance is available for any loan that, in management's judgment, should be charged off. For further information about the allowance for loan and lease losses, refer to Note 6. FDIC Indemnification Asset and Clawback Liability : The FDIC indemnification asset resulted from the loss share agreements in FDIC-assisted transactions. The asset was measured separately from the related covered assets as it was not contractually embedded in those assets and was not transferable with the assets. Prior to the termination of the loss share agreements with the FDIC, the FDIC would reimburse the Company for 80% of losses incurred on covered assets. For certain purchased loans, the reimbursement rate for losses was reduced for losses above a certain threshold. Expected reimbursements from the FDIC did not include reimbursable amounts related to future covered expenditures. FDIC indemnification assets were recorded at fair value at the time of the FDIC-assisted transaction. Fair values were determined using projected cash flows related to the loss share agreements based on the expected reimbursements for losses and the applicable loss sharing percentages. These cash flows were discounted to the present value and the discount rate included a risk premium to reflect the uncertainty of the timing and collection of the loss sharing reimbursement from the FDIC. The accounting for FDIC indemnification assets was closely related to the accounting for the underlying, covered assets. The Company re-estimated the expected indemnification asset cash flows in conjunction with the quarterly re-estimation of cash flows on covered assets accounted for under ASC 310-30. Improvements in cash flow expectations on covered assets generally resulted in a related decline in the expected indemnification cash flows and were reflected as a downward yield adjustment on the indemnification assets. When the expected cash flows on the indemnified assets increased such that a previously recorded covered allowance for loan losses was reversed, we accounted for the associated decrease in the indemnification asset immediately in earnings. Any remaining decrease in the indemnification asset was amortized over the lesser of the contractual term of the loss share agreement or the remaining life of the indemnified asset. Deterioration in cash flow expectations on covered assets generally resulted in an increase in expected indemnification cash flows and was reflected as both FDIC loss share income and an increase to the indemnification asset. Reimbursement requests were submitted to the FDIC on a quarterly basis for all covered assets. The CF Bancorp, First Banking Center and Peoples State Bank loss share agreements contained a provision where if losses did not exceed a calculated threshold, the Company would be obligated to compensate the FDIC. This obligation was referred to as the FDIC clawback liability and, if applicable, would be due to the FDIC at the end of the loss share period ( ten years ). The formula for the FDIC clawback liability varied from agreement to agreement and was calculated using the formula provided in the individual loss share agreements and was not consolidated into one calculation. Due to the early termination of the FDIC loss share agreements in the fourth quarter of 2015, there was no remaining balance of FDIC indemnification asset, receivable or clawback liability as of December 31, 2015. Premises and Equipment : Land is carried at cost. Premises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation is computed using the straight-line method with useful lives ranging from 10 to 40 years for buildings and related components, 1 to 10 years for furniture, fixtures and equipment, and 1 to 3 years for software and hardware. Leasehold improvements are amortized over the lesser of their useful lives or the base term of the respective lease. Maintenance and repairs are charged to operations as incurred. Other Real Estate Owned and Repossessed Assets : Other real estate owned and repossessed assets represent property acquired by the Company as part of an acquisition or subsequently through the loan foreclosure or repossession process, or any other resolution activity where the borrower conveys all interest in the property to satisfy the loan through completion of a deed in lieu of foreclosure or through similar legal agreement and additionally includes closed branches or operating facilities. The acquired properties are recorded at fair value at the date of acquisition. When we take real estate that secures a loan into other real estate owned, we charge off the difference between the loan balance and the fair value of the property less estimated costs to sell to the allowance for loan losses. Foreclosed properties and closed branches or operating facilities are initially recorded at fair value, less estimated costs to sell, establishing a new cost basis. Subsequently, all other real estate owned is valued at the lower of cost or fair value, less estimated costs to sell, based on periodic valuations performed by management. If fair value declines subsequent to foreclosure, a valuation allowance is recorded through expense. Subsequent write-downs, for amounts not expected to be recovered, in the carrying value of other real estate owned and repossessed asset properties that may be required are expensed as incurred. Improvements to the properties may be capitalized if the improvements contribute to the overall value of the property. Improvement amounts may not be capitalized in excess of the net realizable value of the property. Any gains or losses realized at the time of disposal are reflected in the Consolidated Statements of Income. Prior to the termination of the loss share agreements with the FDIC, 80% of losses and expenses incurred while holding covered other real estate owned and repossessed assets were reimbursed by the FDIC. In addition, any losses recognized at foreclosure, during the holding period or realized at the time of disposal were partially offset by the FDIC loss share income and were reflected in the Consolidated Statements of Income. In addition, any gains realized were shared with the FDIC in accordance with the loss share agreements. Goodwill and Other Intangible Assets : Goodwill : Goodwill resulting from the First of Huron Corp. acquisition represents the excess of the purchase price over the fair value of identifiable net assets acquired in a business combination. Goodwill is required to be tested annually for impairment or whenever events occur that may indicate that the recoverability of the carrying amount is not probable. In the event of impairment, the amount by which the carrying amount exceeds the fair value is charged to earnings. Core Deposit Intangibles (CDIs) : CDIs represent the estimated value of acquired relationships with deposit customers. The estimated fair value of CDIs are based on a discounted cash flow methodology that gives appropriate consideration to expected customer attrition rates, cost of the deposit base, reserve requirements and the net maintenance cost attributable to customer deposits. CDIs are amortized on an accelerated basis over their useful lives. CDIs are evaluated on an annual basis for impairment in accordance with ASC Topic 350, " Intangibles—Goodwill and Other ". Company-Owned Life Insurance : Company-owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement. Loan Servicing Rights : Loan servicing rights are recognized as separate assets when such rights are purchased or when loans are sold into the secondary market, with servicing retained. Purchased servicing rights are recorded at purchase cost, which represents fair value. Upon the sale of an originated loan, the loan servicing right is established and recorded at the estimated fair value by calculating the present value of estimated future net servicing cash flows, taking into consideration actual and expected mortgage loan prepayment rates, discount rates, servicing costs, and other economic factors, which are determined based on current market conditions. The expected and actual rates of loan prepayments are the most significant factors driving the fair value of loan servicing rights.

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
BUSINESS COMBINATIONS	BUSINESS COMBINATIONS The Company has determined that the acquisitions of First of Huron Corp. (“FHC”), and its subsidiary bank, Signature Bank, Talmer West Bank (formerly known as Michigan Commerce Bank) and First Place Bank constitute business combinations as defined by FASB ASC Topic 805, “ Business Combinations. ” Accordingly, the assets acquired and liabilities assumed were recorded at their fair values on the date of acquisition, as required. Fair values were determined based on the requirements of FASB ASC Topic 820, “ Fair Value Measurement. ” In many cases the determination of these fair values required management to make estimates about discount rates, future expected cash flows, market conditions and other future events that are highly subjective in nature and subject to change. On February 6, 2015, the Company acquired FHC for aggregate cash consideration of $13.4 million . In connection with the merger, FHC merged with Talmer Bancorp, Inc., with Talmer Bancorp, Inc. as the surviving company in the merger. Immediately following the merger, Signature Bank, a Michigan state-chartered bank and wholly owned subsidiary of FHC, merged with and into Talmer Bank and Trust, with Talmer Bank and Trust as the surviving bank. The Company assumed $3.5 million in subordinated notes issued to FHC and $1.4 million of related interest. The subordinated debt was immediately retired and the interest was paid in full in accordance with the provision of the purchase agreement. The Company also received FHC’s common securities issued by trust preferred issuers and assumed $876 thousand of outstanding interest. The outstanding interest on the trust preferred securities was immediately paid off in accordance with the provisions of the purchase agreement. The Company received certain tax assets and all cash and cash equivalents held by FHC. The Company incurred $1.2 million of acquisition related expenses during the year ended December 31, 2015 , related to the acquisition of FHC, included within “Bank acquisition and due diligence fees” in the Consolidated Statements of Income. All of the branches acquired fit squarely within the Company’s target market areas. The acquisition resulted in a recorded $4.8 million in net deferred tax assets at acquisition. Upon acquisition, FHC incurred an ownership change within the meaning of Section 382 of the Internal Revenue Code, but the acquisition did not result in built-in losses within the meaning of Section 382. At February 6, 2015, FHC had an estimated $1.7 million in gross federal net operating loss carry forwards expiring in 2030, 2032 and 2033 and $303 thousand in federal alternative minimum tax credits with an indefinite life. As a result of the ownership change, the Company’s ability to benefit from the use of FHC’s pre-ownership change net operating loss and tax credit carry forwards will be limited to approximately $366 thousand per year. No valuation allowance was established against the deferred tax assets associated with FHC’s pre-change net operating losses and tax credit carry forwards based on management’s estimate that none of the amounts will expire unused. The assets and liabilities associated with the acquisition of FHC were recorded in the Consolidated Balance Sheets at estimated fair value as of the acquisition date as presented in the following table. (Dollars in thousands) Consideration paid: Cash $ 13,395 Fair value of identifiable assets acquired: Cash and cash equivalents 14,205 Investment securities 34,022 Federal Home Loan Bank stock 874 Loans 162,265 Premises and equipment 2,077 Company-owned life insurance 4,719 Other real estate owned and repossessed assets 1,260 Core deposit intangible 2,410 Other assets 6,462 Total identifiable assets acquired 228,294 Fair value of liabilities assumed: Deposits 201,453 Long-term debt 13,086 Other liabilities 3,884 Total liabilities assumed 218,423 Fair value of net identifiable assets acquired 9,871 Goodwill recognized in the acquisition $ 3,524 The FHC acquisition resulted in recognition of $3.5 million of goodwill which is the excess of the consideration paid over the fair value of net assets acquired, and is the result of expected operational synergies and other factors. The recognized goodwill is not deductible for tax purposes. Loans acquired in the FHC acquisition were initially recorded at fair value with no separate allowance for loan losses. The Company reviewed the loans at acquisition to determine which should be considered purchased credit impaired loans (i.e. loans accounted for under ASC 310-30 defining impaired loans as those that were either not accruing interest or exhibited credit risk factors consistent with nonperforming loans at the acquisition date.) Fair values for purchased loans are based on a discounted cash flow methodology that considers various factors including the type of loan and related collateral, classification status, fixed or variable interest rate, term of the loan and whether or not the loan was amortizing, and a discount rate reflecting the Company’s assessment of risk inherent in the cash flow estimates. Larger purchased loans are individually evaluated while smaller purchased loans are grouped together according to similar characteristics and were treated in the aggregate when applying various valuation techniques. The Company accounts for purchased credit impaired loans in accordance with the provisions of ASC 310-30. The cash flows expected to be collected on purchased loans are estimated based upon the expected remaining life of the underlying loans, which includes the effects of estimated prepayments. Purchased loans are considered credit impaired if there is evidence of credit deterioration at the date of purchase and if it is probable that not all contractually required payments will be collected. Interest income, through accretion of the difference between the carrying value of the loans and the expected cash flows is recognized on the acquired loans accounted for under ASC 310-30. Purchased loans outside the scope of ASC 310-30 are accounted for under ASC 310-20. Premiums and discounts created when the loans were recorded at their fair values at acquisition are amortized over the remaining terms of the loans as an adjustment to the related loan’s yield. The core deposit intangible is being amortized on an accelerated basis over the estimated life, currently expected to be 10 years from the date of acquisition. Information regarding acquired loans accounted for under ASC 310-30 as well as those excluded from ASC 310-30 accounting at acquisition date is as follows: (Dollars in thousands) Accounted for under ASC 310-30: Contractual cash flows $ 53,807 Contractual cash flows not expected to be collected (nonaccretable difference) 8,084 Expected cash flows 45,723 Interest component of expected cash flows (accretable yield) 5,268 Fair value at acquisition $ 40,455 Excluded from ASC 310-30 accounting: Unpaid principal balance $ 124,538 Fair value discount (2,728 ) Fair value at acquisition 121,810 Total fair value at acquisition $ 162,265 FHC’s results of operations have been included in the Company’s financial results since the February 6, 2015 acquisition date. The acquisition was not considered material to the Company’s financial statements; therefore pro forma financial data and related disclosures are not included. On January 1, 2014, the Company purchased 100% of the capital stock of Financial Commerce Corporation's wholly-owned subsidiary banks, Michigan Commerce Bank, a Michigan state-chartered bank, Indiana Community Bank, an Indiana state-chartered bank, Bank of Las Vegas, a Nevada state-chartered bank and Sunrise Bank of Albuquerque, a New Mexico state-chartered bank, and certain other bank-related assets from Financial Commerce Corporation and its parent holding company, Capitol Bancorp Ltd., in a transaction facilitated under Section 363 of the U.S. Bankruptcy Code, for cash consideration of $4.0 million and a separate $2.5 million payment to fund an escrow account to pay the post-petition administrative fees and expenses of the professionals in the bankruptcy cases of Financial Commerce Corporation and Capital Bancorp, Ltd., each of which filed voluntary bankruptcy petitions under Chapter 11 of the U.S. Bankruptcy Code on August 9, 2012, with any unused escrowed funds to be refunded to the Company. Immediately prior to consummation of the acquisition, Capitol Bancorp Ltd. merged Indiana Community Bank, Bank of Las Vegas and Sunrise Bank of Albuquerque with and into Michigan Commerce Bank, with Michigan Commerce Bank as the surviving bank in the merger. Simultaneously with the merger, Michigan Commerce Bank changed its name to Talmer West Bank. Following the acquisition, the Company contributed $99.5 million of additional capital to Talmer West Bank in order to recapitalize the bank. In order to support the acquisition and recapitalization of Talmer West Bank, the Company borrowed $35.0 million under a senior unsecured line of credit. The Company used a portion of the net proceeds from the initial public offering that closed on February 14, 2014 to repay the $35.0 million during the first quarter of 2014. Talmer West Bank was consolidated with and into Talmer Bank and Trust on August 21, 2015. The Company incurred $697 thousand and $3.0 million of acquisition related expenses related to the acquisition of Talmer West Bank during the years ended December 31, 2015 and 2014, respectively. These acquisition related expenses are included within "Bank acquisition and due diligence fees" in the Consolidated Statements of Income. Twelve of the branches acquired, or 70% of the total number of branches acquired in the acquisition, fit squarely within the Company's target market areas. The assets and liabilities associated with the acquisition of Talmer West Bank were recorded in the Consolidated Balance Sheets at estimated fair value as of the acquisition date as presented in the following table. (Dollars in thousands) Consideration paid: Cash $ 6,500 Fair value of identifiable assets acquired: Cash and cash equivalents 216,331 Investment securities 13,619 Federal Home Loan Bank stock 5,933 Loans 571,666 Premises and equipment 6,724 Loan servicing rights 767 Other real estate owned 30,878 Core deposit intangible 3,633 Other assets 62,542 Total identifiable assets acquired 912,093 Fair value of liabilities assumed: Deposits 857,769 Other liabilities 5,847 Total liabilities assumed 863,616 Fair value of net identifiable assets acquired 48,477 Bargain purchase gain resulting from acquisition $ 41,977 The Talmer West Bank acquisition resulted in a pre-tax bargain purchase gain of $42.0 million as the estimated fair value of assets acquired exceeded the estimated fair value of liabilities assumed and consideration paid. The gain was included within "Bargain purchase gain" in the Consolidated Statements of Income. Loans acquired in the Talmer West Bank acquisition were initially recorded at fair value with no separate allowance for loan losses. Information regarding acquired loans accounted for under ASC 310-30 as well as those excluded from ASC 310-30 accounting at acquisition date is as follows: (Dollars in thousands) Accounted for under ASC 310-30: Contractual cash flows $ 331,523 Contractual cash flows not expected to be collected (nonaccretable difference) 86,410 Expected cash flows 245,113 Interest component of expected cash flows (accretable yield) 32,764 Fair value at acquisition $ 212,349 Excluded from ASC 310-30 accounting: Unpaid principal balance $ 362,782 Fair value discount (3,465 ) Fair value at acquisition 359,317 Total fair value at acquisition $ 571,666 Talmer West Bank's results of operations have been included in the Company's financial results since the January 1, 2014 acquisition date. The following unaudited pro forma financial information presents the consolidated results of operations of the Company and Talmer West Bank as if the acquisition had occurred as of January 1, 2013 with pro forma adjustments to give effect of any change in interest income due to the accretion of the discount (premium) associated with the fair value adjustments to acquired loans, any change in interest expense due to estimated premium amortization/discount accretion associated with the fair value adjustments to acquired time deposits and borrowings and other debt and the amortization of the core deposit intangible that would have resulted had the deposits been acquired as of January 1, 2013. For the years ended (Dollars in thousands) 2014(1) 2013 Net Interest and other income $ 321,762 $ 393,483 Net Income 90,850 107,289 Earnings per common share: Basic $ 1.30 $ 1.62 Diluted 1.21 1.54 _______________________________________________________________________________ (1) As the business combination was effective January 1, 2014, there were no proforma adjustments for the year ended December 31, 2014. On January 1, 2013, the Company purchased substantially all of the assets of First Place Financial Corp. (FPFC) including all of the issued and outstanding shares of common stock of First Place Bank, a wholly-owned subsidiary of FPFC, headquartered in Warren, Ohio, in a transaction facilitated under Section 363 of the U.S. Bankruptcy Code, for cash consideration of $45.0 million . Under the provisions of the asset purchase agreement, the Company assumed $60.0 million in subordinated notes issued to First Place Capital Trust, First Place Capital Trust II, and First Place Capital III, of which $45.0 million was immediately retired. Following the acquisition, the Company contributed $179.0 million of additional capital in order to recapitalize First Place Bank with commitments to contribute additional capital if needed. The Company incurred $1.4 million of acquisition related expenses during the year ended December 31, 2012, primarily related to the acquisition of First Place Bank included within "Bank acquisition and due diligence fees" in the Consolidated Statements of Income. For the year ended December 31, 2013, the Company incurred $8.7 million of bank acquisition and due diligence fees of which $8.3 million related to costs associated with the First Place Bank transaction. First Place Bank was consolidated with and into Talmer Bank and Trust on February 10, 2014. The assets and liabilities associated with the acquisition of First Place Bank were recorded in the Consolidated Balance Sheets at estimated fair value as of the acquisition date as presented in the following table. (Dollars in thousands) Consideration paid: Cash $ 45,000 Fair value of identifiable assets acquired: Cash and cash equivalents 439,805 Investment securities 139,764 Federal Home Loan Bank stock 12,993 Loans held-for-sale 213,946 Loans 1,530,376 Premises and equipment 22,168 Loan servicing rights 41,967 Company-owned life insurance 38,172 Other real estate owned 18,448 Core deposit intangible 9,816 Other assets 128,278 Total identifiable assets acquired 2,595,733 Fair value of liabilities assumed: Deposits 2,121,258 Short-term borrowings 21,892 Long-term debt 312,956 Other liabilities 22,925 Total liabilities assumed 2,479,031 Fair value of net identifiable assets acquired 116,702 Bargain purchase gain resulting from acquisition $ 71,702 The First Place Bank acquisition resulted in a pre-tax bargain purchase gain of $71.7 million as the estimated fair value of assets acquired exceeded the estimated fair value of liabilities assumed and consideration paid. The gain was included within "Bargain purchase gain" in the Consolidated Statements of Income. The core deposit intangible is being amortized on an accelerated basis over the estimated life, currently expected to be 10 years . Loans acquired in the First Place Bank acquisition were initially recorded at fair value with no separate allowance for loan losses. Information regarding acquired loans accounted for under ASC 310-30 as well as those excluded from ASC 310-30 accounting at acquisition date is as follows: (Dollars in thousands) Accounted for under ASC 310-30: Contractual cash flows $ 738,639 Contractual cash flows not expected to be collected (nonaccretable difference) 150,008 Expected cash flows 588,631 Interest component of expected cash flows (accretable yield) 158,221 Fair value at acquisition $ 430,410 Excluded from ASC 310-30 accounting: Unpaid principal balance $ 1,094,223 Fair value premium 5,743 Fair value at acquisition 1,099,966 Total fair value at acquisition $ 1,530,376 First Place Bank's results of operations have been included in the Company's financial results since the January 1, 2013 acquisition date.

FAIR VALUE

FAIR VALUE	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE The fair value framework as detailed by FASB ASC Topic 820, "Fair Value Measurement" requires the categorization of assets and liabilities into a three-level hierarchy based on the markets in which the financial instruments are traded and the reliability of the assumptions used to determine fair value. A brief description of each level follows. Level 1—Valuation is based upon quoted prices (unadjusted) for identical instruments in active markets. Level 2—Valuation is based upon quoted prices for identical or similar instruments in markets that are not active; quoted prices for similar instruments in active markets; or model-based valuation techniques for which all significant assumptions are observable or can be corroborated by observable market data. Level 3—Valuation is measured through utilization of model-based techniques that rely on at least one significant assumption not observable in the market. Any necessary unobservable assumptions used reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of discounted cash flow models and similar techniques. Fair value estimates are based on existing financial instruments and, in accordance with GAAP, do not attempt to estimate the value of anticipated future business or the value of assets and liabilities that are not considered financial instruments. In addition, tax ramifications related to the recognition of unrealized gains and losses, such as those within the investment securities portfolio, can have a significant effect on estimated fair values and, in accordance with GAAP, have not been considered in the estimates. For these reasons, the aggregate fair value should not be considered an indication of the value of the Company. Following is a description of the valuation methodologies and key inputs used to measure financial assets and liabilities recorded at fair value, as well as a description of the methods and any significant assumptions used to estimate fair value disclosures for financial assets and liabilities not recorded at fair value in their entirety on a recurring basis. For financial assets and liabilities recorded at fair value, the description includes the level of the fair value hierarchy in which the assets or liabilities are classified. Transfers of asset or liabilities between levels of the fair value hierarchy are recognized at the beginning of the reporting period, when applicable. Cash and cash equivalents: Due to the short-term nature, the carrying amount of these assets approximates the estimated fair value. The Company classifies cash and due from banks as Level 1 and interest-bearing deposits with other banks and federal funds and other short-term investments as Level 2. Investment securities: Investment securities classified as available-for-sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available or the market is deemed to be inactive at the measurement date, fair values are measured utilizing independent valuation techniques of identical or similar investment securities. Third-party vendors compile prices from various sources and may apply such techniques as matrix pricing to determine the value of identical or similar investment securities. Management reviews the methodologies and assumptions used by the third-party pricing services and evaluates the values provided, principally by comparison with other available market quotes for similar instruments and/or analysis based on internal models using available third-party market data. Level 2 securities include obligations issued by U.S. government-sponsored enterprises, state and municipal obligations, mortgage-backed securities issued by both U.S. government-sponsored enterprises and non-agency enterprises securities, corporate debt securities, Small Business Administration Pools and privately issued commercial mortgage-backed securities that have active markets at the measurement date. The fair value of Level 2 securities was determined using quoted prices of securities with similar characteristics or pricing models based on observable market data inputs, primarily interest rates, spreads and prepayment information. Level 3 included an obligation of a political subdivision as of December 31, 2015 , representative of a security in a less liquid market requiring significant management assumptions when determining fair value. As of December 31, 2014, securities classified as Level 3 also included a trust preferred security and a privately issued subordinated corporate debt security (included within "Corporate debt securities"). The fair values of these investment securities represent less than one percent of the total available-for-sale securities at each period end. The fair value of the political subdivision obligation and the subordinated corporate debt security has been determined to be equal to the carrying cost since the securities were acquired. The issuers have continued to pay their obligations without fail and the Company has not received any information to question further payments. Since the purchase of this security, no credit related concerns have come to the Company's attention, therefore, no adjustment for credit loss assumptions were made. The fair value of the trust preferred security, at December 31, 2014, was compiled by a third-party vendor through consideration of then recent trades and/or auctions of comparable securities, where applicable and are presented without adjustment. Comparable securities consider credit, structure, tenor, trade flows and cash flow characteristics. Due to the limited sales of these types of securities, significant unobservable assumptions were included to determine comparable securities to be included in the analysis. Investment securities classified as held-to-maturity are carried at amortized cost. Due to limited liquidity of these securities, held-to-maturity securities are classified as Level 3. The fair value of the held-to-maturity security is determined to be equal to the carrying value. No credit related concerns have come to the Company's attention; therefore, no credit loss assumptions were made. Federal Home Loan Bank ("FHLB") Stock: Restricted equity securities are not readily marketable and are recorded at cost and evaluated for impairment based on the ultimate recoverability of initial cost. No significant observable market data is available for these instruments. The Company considers the profitability and asset quality of the issuer, dividend payment history and recent redemption experience, when determining the ultimate recoverability of cost. The Company believes its investments in FHLB stock are ultimately recoverable at cost. Loans held for sale: Loans held for sale are carried at fair value based on the Company's election of the fair value option. These loans currently consist of one-to-four family residential real estate loans originated for sale to qualified third parties. The fair value is determined based on quoted market rates and other market conditions considered relevant. The Company classifies loans held for sale as recurring Level 2. Loans measured at fair value: During the normal course of business, loans originated with the initial intention to sell, but not ultimately sold, are transferred from held for sale to our portfolio of loans held for investment at fair value as the Company adopted the fair value option at origination. The fair value of these loans is estimated using discounted cash flows, taking into consideration current market interest rates, loan repricing characteristics and expected loan prepayment speeds, while also taking into consideration other significant unobservable inputs such as the payment history and credit quality characteristic of each individual loan and an illiquidity discount reflecting the relative illiquidity of the market. Due to the adjustments made relating to unobservable inputs, the Company classifies the loans transferred from loans held for sale as recurring Level 3. Loans: The Company does not record loans at fair value on a recurring basis other than those discussed in "Loans measured at fair value" above. However, periodically, the Company records nonrecurring adjustments to the carrying value of loans based on fair value measurements. Loans, outside the scope of ASC 310-30, are considered impaired when, based on current information and events, it is probable the Company will be unable to collect all amounts due in accordance with the original contractual terms of the loan agreements. Impaired loans, which include all nonaccrual loans and troubled debt restructurings, are disclosed as nonrecurring fair value measurements when an allowance is established based on the fair value of the underlying collateral. Appraisals for collateral-dependent impaired loans are prepared by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties). These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. The comparable sales approach evaluates the sales price of similar properties in the same market area. This approach is inherently subjective due to the wide range of comparable sale dates. The income approach considers net operating income generated by the property and the investor's required return. This approach utilizes various inputs including lease rates and cap rates which are subject to judgment. Adjustments are routinely made in the appraisal process by the appraisers to account for differences between the comparable sales and income data available. These adjustments generally range from 0% to 40% depending on the property type, as well as various sales and property characteristics including but not limited to: date of sale, size and condition of facility, quality of construction and proximity to the subject property. Once received, management reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics to determine if additional downward adjustments should be made. Property values are typically adjusted when management is aware of circumstances, economic changes or other conditions, since the date of the appraisal that would impact the expected selling price. Such adjustments are usually significant and result in a nonrecurring Level 3 classification. Estimated fair values for loans accounted for under ASC 310-30 are based on a discounted cash flow methodology that considers factors including the type of loan and related collateral, classification status, fixed or variable interest rate, term of loan and whether or not the loan was amortizing, and a discount rate reflecting the Company's assessment of risk inherent in the cash flow estimates. Cash flows expected to be collected on these loans are estimated based upon the expected remaining life of the underlying loans, which includes the effects of estimated prepayments. The Company classifies the estimated fair value of loans accounted for under ASC 310-30 as Level 3. For loans excluded from ASC 310-30 accounting that are not individually evaluated for impairment, fair value is estimated using a discounted cash flow model. The cash flows take into consideration current portfolio interest rates and repricing characteristics as well as assumptions relating to prepayment speeds. The discount rates take into consideration the current market interest rate environment, a credit risk component based on the credit characteristics of each loan portfolio, and a liquidity premium reflecting the liquidity or illiquidity of the market. The Company classifies the estimated fair value of non-collateral dependent loans excluded from ASC 310-30 accounting as Level 3. Premises and equipment: Premises and equipment are reviewed for impairment when events indicate their carrying amount may not be recoverable from future undiscounted cash flows. Impaired premises and equipment at both December 31, 2015 and 2014 were recorded at fair value based on a recent appraisal through a valuation allowance. The Company classifies impaired premises and equipment as nonrecurring Level 3. FDIC indemnification asset: The fair value of the FDIC indemnification asset at December 31, 2014 was estimated using projected cash flows related to the loss share agreements based on the expected reimbursements for losses and the applicable loss sharing percentages. The Company re-estimated the expected indemnification asset cash flows in conjunction with the quarterly re-estimation of cash flows on covered loans accounted for under ASC 310-30. The expected cash flows were discounted to reflect the uncertainty of the timing and receipt of the loss share reimbursement from the FDIC. These cash flow evaluations are inherently subjective as they require material estimates, all of which may be subject to significant change. The estimates used in calculating the value of the FDIC indemnification asset were reflective of the estimates utilized to determine the estimated fair value of loans accounted for under ASC 310-30. The Company classified the December 31, 2014 estimated fair value of the FDIC indemnification asset as Level 3. On December 28, 2015, the Company entered into an early termination agreement with the FDIC that terminated the Bank's loss share agreements with the FDIC, eliminating the FDIC indemnification asset. Other real estate owned and repossessed assets: Other real estate owned and repossessed assets represents property acquired by the Company as part of an acquisition, through the loan foreclosure or repossession process, or any other resolution activity that results in partial or total satisfaction of problem loans, or by closing of branches or operating facilities. Properties are initially recorded at fair value, less estimated costs to sell, establishing a new cost basis. Subsequently, the assets are valued at the lower of cost or fair value, less estimated costs to sell, based on periodic valuations performed. Fair value is based upon independent market prices, appraised value or management's estimate of the value, using a single valuation approach or a combination of approaches including comparable sales, the income approach and existing offers. The comparable sales approach evaluates the sales price of similar properties in the same market area. This approach is inherently subjective due to the wide range of comparable sale dates. The income approach considers net operating income generated by the property and the investor's required return. This approach utilizes various inputs including lease rates and cap rates which are subject to judgment. Adjustments are routinely made in the appraisal process by the appraisers to account for differences between the comparable sales and income data available. These adjustments generally range from 0% to 40% depending on the property type, as well as various sales and property characteristics including but not limited to: date of sale, size and condition of facility, quality of construction and proximity to the subject property. Adjustments are typically significant and result in a Level 3 classification. Loan servicing rights: Loan servicing rights are accounted for under the fair value measurement method based on accounting election. A third party valuation model is used to determine the fair value at the end of each reporting period utilizing a discounted cash flow analysis using interest rates and prepayment speed assumptions currently quoted for comparable instruments and a discount rate determined by management. Changes in fair value of loan servicing rights are recorded in "Mortgage banking and other loan fees". Because of the nature of the valuation inputs, the company classifies loan servicing rights as Level 3. Refer to Note 11, "Loan Servicing Rights", for assumptions included in the valuation of loan servicing rights. FDIC receivable: The FDIC receivable represented claims submitted to the Federal Deposit Insurance Corporation ("FDIC") for reimbursement for which the Company expected to receive payment within 90 days at December 31, 2014. Due to the short term nature, the carrying amount of these instruments approximated the estimated fair value. The Company classified the estimated fair value of FDIC receivable at December 31, 2014 as Level 2. On December 28, 2015, the Company entered into an early termination agreement with the FDIC that terminated the Bank's loss share agreements with the FDIC, eliminating the FDIC receivable. Company-owned life insurance and deferred compensation plan liabilities: The Company holds life insurance policies on certain officers, both for investment purposes and for the Company's deferred compensation plan. The carrying value of these policies approximates fair value as it is based on the cash surrender value adjusted for other charges or amounts due that are probable at settlement. As such, the Company classifies the estimated fair value of Company-owned life insurance as Level 2. Deferred compensation plan liabilities represent the fair value of the obligation to the employee, which corresponds to the fair value of the invested assets. Deferred compensation plan liabilities are recorded with "other liabilities" and are classified by the Company as Level 2. Derivative instruments: The Company enters into interest rate lock commitments with prospective borrowers to be sold into the secondary market and forward commitments for the future delivery of mortgage loans to third party investors, which are carried at fair value on a recurring basis. The fair value of these commitments is based on the fair value of related mortgage loans determined using observable market data. Interest rate lock commitments are adjusted for expectations of exercise and funding. This adjustment is not considered to be a material input. The Company classifies interest rate lock commitments and forward contracts related to mortgage loans to be delivered for sale as recurring Level 2. Derivative instruments held or issued for risk management or customer-initiated activities are traded in over-the counter markets where quoted market prices are not readily available. Fair value for over-the-counter derivative instruments is measured on a recurring basis using third party models that use primarily market observable inputs, such as yield curves and option volatilities. The fair value for these derivatives may include a credit valuation adjustment that is determined by applying a credit spread for the counterparty or the Company, as appropriate, to the total expected exposure of the derivative after considering collateral and other master netting arrangements. These adjustments, which are considered Level 3 inputs, are based on estimates of current credit spreads to evaluate the likelihood of default. The Company assesses the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and at both December 31, 2015 and 2014 , it was determined that the credit valuation adjustments were not significant to the overall valuation of its derivatives. As a result, the company classifies its risk management cash flow hedges and customer-initiated derivatives valuations in Level 2 of the fair value hierarchy. Accrued interest receivable and payable: Due to their short term nature, the carrying amount of these instruments approximates the estimated fair value; therefore, the Company classifies the estimated fair value of accrued interest receivable and payable as Level 2. Deposits: The estimated fair value of demand deposits (e.g., noninterest and interest-bearing demand, savings, other brokered funds and certain types of money market accounts) is, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). Fair values for certificates of deposit are based on the discounted value of contractual cash flows at current interest rates. The estimated fair value of deposits does not take into account the value of the Company's long-term relationships with depositors, commonly known as core deposit intangibles, which are not considered financial instruments. The Company classifies the estimated fair value of deposits as Level 2. Clawback liability: The CF Bancorp, First Banking Center and Peoples State Bank loss share agreements contained a provision where if losses do not exceed a calculated threshold, the Company would have been obligated to compensate the FDIC. The carrying amount of these instruments approximated the estimated fair value at December 31, 2014. The estimated fair value required management's assumption of what estimated losses would be, which is a significant component. As such, the Company classified the estimated fair value of the FDIC clawback liability at December 31, 2014 as Level 3. On December 28, 2015, the Company entered into an early termination agreement with the FDIC that terminated the Bank's loss share agreements with the FDIC, eliminating the clawback liability. Short-term borrowings: Short-term borrowings represent federal funds purchased, a senior unsecured line of credit and certain short-term FHLB advances. Due to their short term nature, the carrying amount of these instruments approximates the estimated fair value. The Company classifies the estimated fair value of short-term borrowings as Level 2. Long-term debt: Long-term debt includes securities sold under agreements to repurchase, FHLB advances and subordinated notes related to trust preferred securities. The estimated fair value is based on current rates for similar financing or market quotes to settle those liabilities. The Company classifies the estimated fair value of long-term debt as Level 2. FDIC warrant payable: FDIC warrants payable represented stock warrants that were issued to the FDIC in connection with the 2010 FDIC-assisted acquisition of CF Bancorp at December 31, 2014. These warrants were recorded at net present value based on management estimates used in a discounted pricing model. The inputs into the pricing model included management's assumption of an annualized growth rate. The carrying amount of these instruments approximated the estimated fair value. The Company classified the estimated fair value of FDIC warrants payable at December 31, 2014 as Level 3. On December 28, 2015, the Company entered into an early termination agreement with the FDIC that terminated the FDIC warrant payable. The following tables present the recorded amount of assets and liabilities measured at fair value, including financial assets and liabilities for which the Company has elected the fair value option, on a recurring basis: (Dollars in thousands) Total Quoted Prices in Significant Other Observable Inputs (Level 2) Significant December 31, 2015 Securities available-for-sale: U.S. government sponsored agency obligations $ 60,022 $ — $ 60,022 $ — Obligations of state and political subdivisions: Taxable 1,321 — 1,003 318 Tax-exempt 287,208 — 287,208 — Small Business Administration ("SBA") Pools 27,925 — 27,925 — Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 309,306 — 309,306 — Privately issued 89,450 — 89,450 — Privately issued commercial mortgage-backed securities 13,705 — 13,705 — Corporate debt securities 101,833 — 101,833 — Total securities available-for-sale 890,770 — 890,452 318 Loans measured at fair value: Residential real estate 22,233 — — 22,233 Loans held for sale 58,223 — 58,223 — Loan servicing rights 58,113 — — 58,113 Derivative assets: Interest rate lock commitments 1,220 — 1,220 — Customer-initiated derivatives 4,143 — 4,143 — Risk management derivatives 105 — 105 — Total derivatives 5,468 — 5,468 — Total assets at fair value $ 1,034,807 $ — $ 954,143 $ 80,664 Derivative liabilities: Forward contracts related to mortgage loans to be delivered for sale 38 — 38 — Customer-initiated derivatives 4,144 — 4,144 — Risk management derivatives 397 — 397 — Total derivatives 4,579 — 4,579 — Total liabilities at fair value $ 4,579 $ — $ 4,579 $ — (Dollars in thousands) Total Quoted Prices in Significant Other Observable Inputs (Level 2) Significant December 31, 2014 Securities available-for-sale: U.S. government sponsored agency obligations $ 98,358 $ — $ 98,358 $ — Obligations of state and political subdivisions: Taxable 397 — — 397 Tax-exempt 232,259 — 232,259 — SBA Pools 33,933 — 33,933 — Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 291,759 — 291,759 — Privately issued 18,800 — 18,800 — Privately issued commercial mortgage-backed securities 5,130 — 5,130 — Corporate debt securities 60,183 — 56,758 3,425 Total securities available-for-sale 740,819 — 736,997 3,822 Loans measured at fair value: Residential real estate 18,311 — — 18,311 Real estate construction 1,215 — — 1,215 Loans held for sale 93,453 — 93,453 — Loan servicing rights 70,598 — — 70,598 Derivative assets: Interest rate lock commitments 1,489 — 1,489 — Customer-initiated derivatives 1,588 — 1,588 — Total derivatives 3,077 — 3,077 — Total assets at fair value $ 927,473 $ — $ 833,527 $ 93,946 Derivative liabilities: Forward contracts related to mortgage loans to be delivered for sale 803 — 803 — Customer-initiated derivatives 1,477 — 1,477 — Risk management derivatives 222 — 222 — Total derivatives 2,502 — 2,502 — Total liabilities at fair value $ 2,502 $ — $ 2,502 $ — During the year ended December 31, 2015 , two privately issued subordinated debt securities (included within "Corporate debt securities") were transferred from Level 3 in the fair value hierarchy to Level 2 due to the market for these securities becoming active during the period. There were no transfers between levels within the fair value hierarchy during the year ended December 31, 2014 . The following table summarizes the changes in Level 3 assets and liabilities measured at fair value on a recurring basis. Year ended December 31, 2015 Securities available-for-sale (Dollars in thousands) Taxable obligations of state and political subdivisions Corporate debt securities Loans held for investment Loan servicing rights Balance, beginning of period $ 397 $ 3,425 $ 19,526 $ 70,598 Transfers between levels within fair value hierarchy — (3,425 ) — — Transfers from loans held for sale — — 6,959 — Gains (losses): Recorded in earnings (realized): Recorded in "Interest on investments" 1 — — — Recorded in "Net gain on sales of loans" — — 234 — Recorded in "Mortgage banking and other loan fees" — — (337 ) (10,647 ) New originations — — — 10,864 Reduction from loans and servicing rights sold — — — (12,702 ) Repayments (80 ) — (4,149 ) — Balance, end of period $ 318 $ — $ 22,233 $ 58,113 Year ended December 31, 2014 Securities available-for-sale (Dollars in thousands) Taxable obligations of state and political subdivisions Corporate debt securities Loans held for investment Loan servicing rights Balance, beginning of period $ 396 $ 405 $ 17,708 $ 78,603 Additions due to acquisition — — — 767 Transfers from loans held for sale — — 3,505 — Total Gains (losses) Recorded in earnings (realized): Recorded in "Interest on investments" 1 4 — — Recorded in "Net gain on sales of loans" — — 75 — Recorded in "Mortgage banking and other loan fees" — — 669 (17,037 ) Recorded in OCI (pre-tax) — 16 — — Purchases — 3,000 — — New originations — — — 9,036 Reductions from loans and servicing rights sold — — — (771 ) Repayments — — (2,559 ) — Draws on previously issued lines of credits — — 128 — Balance, end of period $ 397 $ 3,425 $ 19,526 $ 70,598 The aggregate fair value, contractual balance (including accrued interest), and gain or loss position for loans held for investment measured and recorded at fair value was as follows: December 31, (Dollars in thousands) 2015 2014 Aggregate fair value $ 22,233 $ 19,526 Contractual balance 21,910 19,100 Fair market value gain 323 426 There were no gains (losses) included in the fair value above that were associated with instrument specific credit risk. The aggregate fair value and contractual principal balance of loans held for investment measured and recorded at fair value that were 90 days or more past due as of December 31, 2015 was $275 thousand and $364 thousand , respectively. Of the aggregate fair value of loans that were 90 days or more past due as of December 31, 2015 , $275 thousand were on nonaccrual status. The aggregate fair value and contractual principal balance of loans held for investment measured and recorded at fair value that were 90 days or more past due as of December 31, 2014 was $155 thousand and $191 thousand , respectively. Of the aggregate fair value of loans that were 90 days or more past due as of December 31, 2014 , $155 thousand were on nonaccrual status. Interest income is recorded based on the contractual terms of the loans in accordance with the Company's policy on loans held for investment and is recorded in "Interest and fees on loans" in the Consolidated Statements of Income. For the years ended December 31, 2015 , 2014 and 2013 , there were $831 thousand , $604 thousand and $108 thousand , respectively, of interest income earned on loans transferred from loans held for sale to loans held for investment. The total amount of gains (losses) from changes in fair value of loans held for investment measured at fair value in the Consolidated Statements of Income were as follows: For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Change in fair value: Included in "Net gain on sales of loans" $ 234 $ 75 $ (193 ) Included in "Mortgage banking and other loan fees" (337 ) 669 — The Company has elected the fair value option for loans held for sale. These loans are intended for sale and the Company believes that the fair value is the best indicator of the resolution of these loans. Interest income is recorded based on the contractual terms of the loans in accordance with the Company policy on loans held for investment in "Interest and fees on loans" in the Consolidated Statements of Income. The aggregate fair value of loans held for sale that were 90 days past due and on nonaccrual status as of December 31, 2015 was $7 thousand . None of these loans were 90 days past due or on nonaccrual status as of December 31, 2014 . The aggregate fair value, contractual balance (including accrued interest), and gain or loss for loans held for sale carried at fair value was as follows: December 31, (Dollars in thousands) 2015 2014 Aggregate fair value $ 58,223 $ 93,453 Contractual balance 55,911 89,138 Unrealized gain 2,312 4,315 The total amount of gains (losses) from changes in fair value of loans held for sale included in the Consolidated Statements of Income were as follows: For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Interest income (1) $ 3,707 $ 5,151 $ 4,660 Change in fair value (2) (2,003 ) 1,630 (2,940 ) Total included in earnings $ 1,704 $ 6,781 $ 1,720 (1) Included in "Interest and fees on loans" in the Consolidated Statements of Income. (2) Included in "Net gain on sales of loans" in the Consolidated Statements of Income. Certain financial assets and liabilities are measured at fair value on a nonrecurring basis. These include assets that are recorded at the lower of cost or fair value that were recognized at fair value below cost at the end of the period. The following table presents the recorded amount of assets and liabilities measured at fair value on a non-recurring basis: (Dollars in thousands) Total Quoted Prices Significant Significant December 31, 2015 Impaired loans:(1) Commercial real estate $ 2,960 $ — $ — $ 2,960 Residential real estate 5,381 — — 5,381 Commercial and industrial 11,522 — — 11,522 Real estate construction 195 — — 195 Consumer 18 — — 18 Total impaired loans 20,076 — — 20,076 Other real estate owned (uncovered)(2) 4,562 — — 4,562 Repossessed assets(3) 5,038 — — 5,038 Premises and equipment(4) 1,575 — — 1,575 Total $ 31,251 $ — $ — $ 31,251 December 31, 2014 Impaired loans:(1) Uncovered Commercial real estate $ 4,115 $ — $ — $ 4,115 Residential real estate 2,898 — — 2,898 Commercial and industrial 579 — — 579 Consumer 12 — — 12 Total uncovered impaired loans 7,604 — — 7,604 Covered Residential real estate 152 — — 152 Commercial and industrial 350 — — 350 Total

SECURITIES

SECURITIES	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
SECURITIES	SECURITIES The following summarizes the amortized cost and fair value of securities available-for-sale and securities held-to-maturity and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses. (Dollars in thousands) Amortized Gross Gross Fair December 31, 2015 Securities available-for-sale: U.S. government sponsored agency obligations $ 59,414 $ 614 $ (6 ) $ 60,022 Obligations of state and political subdivisions: Taxable 1,318 3 — 1,321 Tax-exempt 282,366 5,312 (470 ) 287,208 SBA Pools 27,561 368 (4 ) 27,925 Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 308,396 2,014 (1,104 ) 309,306 Privately issued 90,084 — (634 ) 89,450 Privately issued commercial mortgage-backed securities 13,826 — (121 ) 13,705 Corporate debt securities 102,284 127 (578 ) 101,833 Total securities available-for-sale $ 885,249 $ 8,438 $ (2,917 ) $ 890,770 Amortized Cost Gross Unrecognized Gains Gross Unrecognized Losses Fair Value Securities held-to-maturity $ 1,678 $ — $ — $ 1,678 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2014 Securities available-for-sale: U.S. government sponsored agency obligations $ 97,746 $ 791 $ (179 ) $ 98,358 Obligations of state and political subdivisions: Taxable 397 — — 397 Tax-exempt 229,404 3,578 (723 ) 232,259 SBA Pools 33,824 209 (100 ) 33,933 Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 289,156 2,886 (283 ) 291,759 Privately issued 18,814 27 (41 ) 18,800 Privately issued commercial mortgage-backed securities 5,127 3 — 5,130 Corporate debt securities 60,206 209 (232 ) 60,183 Total securities available-for-sale $ 734,674 $ 7,703 $ (1,558 ) $ 740,819 Amortized Cost Gross Unrecognized Gains Gross Unrecognized Losses Fair Value Securities held-to-maturity $ 1,226 $ — $ — $ 1,226 Proceeds from sales of securities and the associated gains and losses recorded in earnings are listed below: For the years ended December 31 , (Dollars in thousands) 2015 2014 2013 Proceeds $ 55,665 $ 82,496 $ 31,667 Gross gains 412 248 420 Gross losses (313 ) (2,314 ) (28 ) The amortized cost and fair value of debt securities by contractual maturity at December 31, 2015 are shown below. Contractual maturity is utilized for U.S. Government sponsored agency obligations, obligations of state and political subdivisions and corporate debt securities. Securities with multiple maturity dates are classified in the period of final maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. December 31, 2015 (Dollars in thousands) Amortized Cost Fair Value Securities with contractual maturities: Within one year $ 6,247 $ 6,281 After one year through five years 144,865 146,066 After five years through ten years 198,892 200,943 After ten years 535,245 537,480 Total securities available-for-sale $ 885,249 $ 890,770 Securities held-to-maturity: After one year through five years $ 1,678 $ 1,678 Total securities held-to-maturity $ 1,678 $ 1,678 Securities with a carrying value of $390.5 million and $337.8 million were pledged at December 31, 2015 and 2014 , respectively, to secure borrowings and deposits. At December 31, 2015 and 2014 , there were no holdings of securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of shareholders' equity. A summary of the Company's investment securities available-for-sale in an unrealized loss position is as follows: Less than 12 Months More than 12 Months Total (Dollars in thousands) Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses December 31, 2015 U.S. government sponsored agency obligations $ 9,994 $ (6 ) $ — $ — $ 9,994 $ (6 ) Obligations of state and political subdivisions: Tax-exempt 46,062 (357 ) 6,957 (113 ) 53,019 (470 ) SBA Pools 1,521 (4 ) — — 1,521 (4 ) Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 118,509 (1,104 ) — — 118,509 (1,104 ) Privately issued 89,450 (634 ) — — 89,450 (634 ) Privately issued commercial mortgage-backed securities 13,706 (121 ) — — 13,706 (121 ) Corporate debt securities 74,494 (558 ) 431 (20 ) 74,925 (578 ) Total securities available-for-sale $ 353,736 $ (2,784 ) $ 7,388 $ (133 ) $ 361,124 $ (2,917 ) December 31, 2014 U.S. government sponsored agency obligations $ — $ — $ 14,821 $ (179 ) $ 14,821 $ (179 ) Obligations of state and political subdivisions: Tax-exempt 31,054 (260 ) 33,650 (463 ) 64,704 (723 ) SBA Pools 1,844 (4 ) 17,682 (96 ) 19,526 (100 ) Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 36,261 (85 ) 27,361 (198 ) 63,622 (283 ) Privately issued 7,801 (41 ) 8 — 7,809 (41 ) Corporate debt securities 22,520 (162 ) 8,912 (70 ) 31,432 (232 ) Total securities available-for-sale $ 99,480 $ (552 ) $ 102,434 $ (1,006 ) $ 201,914 $ (1,558 ) As of December 31, 2015 , the Company's security portfolio consisted of 339 securities, 95 of which were in an unrealized loss position. The unrealized losses for these securities resulted primarily from changes in benchmark U.S. Treasury interest rates. The Company expects full collection of the carrying amount of these securities and does not intend to sell the securities in an unrealized loss position nor does it believe it will be required to sell securities in an unrealized loss position before the value is recovered. The Company does not consider these securities to be other-than-temporarily impaired at December 31, 2015 . The unrealized losses are spread across asset classes, primarily in those securities carrying fixed interest rates. At December 31, 2015 , the combination of these security asset class holdings in an unrealized loss position had an estimated fair value of $361.1 million with gross unrealized losses of $2.9 million . Unrealized losses in these security holdings were mainly impacted by increases in benchmark U.S. Treasury rates and, to a lesser extent, widened liquidity spreads since their respective acquisition dates.

LOANS

LOANS	12 Months Ended
	Dec. 31, 2015
Loans and Leases Receivable Disclosure [Abstract]
LOANS	LOANS Commercial real estate loans consist of term loans secured by a mortgage lien on the real property such as apartment buildings, office and industrial buildings, retail shopping centers, and farmland. The credit underwriting for both owner-occupied and non-owner occupied commercial real estate loans includes detailed market analysis, historical and projected cash flow analysis, appropriate equity margins, assessment of lessees and lessors, type of real estate and other analysis. Risk of loss is managed by adherence to standard loan policies that establish certain levels of performance prior to the extension of a loan to the borrower. Geographic diversification, as well as diversification across industries, are other means by which the risk of loss is managed by the Company. Residential real estate loans represent loans to consumers for the purchase or refinance of a residence. These loans are generally financed over a 15 - to 30 -year term, and in most cases, are extended to borrowers to finance their primary residence with both fixed-rate and adjustable-rate terms. The majority of these loans originated by the Company conform to secondary market underwriting standards and are sold within a short timeframe to unaffiliated third parties. As such, the credit underwriting standards adhere to the underwriting standards and documentation requirements established by the respective investor or correspondent bank. Residential real estate loans also include home equity loans and lines of credit that are secured by a first or second lien on the borrower's residence. Home equity lines of credit consist mainly of revolving lines of credit secured by residential real estate. Home equity lines of credit are generally governed by the same lending policies and subject to the same credit risk as described previously for residential real estate loans. Commercial and industrial loans include financing for commercial purposes in various lines of business, including manufacturing, service industry, professional service areas and agricultural. The Company works with businesses to meet their short-term working capital needs while also providing long-term financing for their business plans. Credit risk is managed through standardized loan policies, established and authorized credit limits, centralized portfolio management and the diversification of market area and industries. The overall strength of the borrower is evaluated through the credit underwriting process and includes a variety of analytical activities including the review of historical and projected cash flows, historical financial performance, financial strength of the principals and guarantors, and collateral values, where applicable. Commercial and industrial loans are generally secured with the assets of the company and/or the personal guarantee of the business owners. Real estate construction loans are term loans to individuals, companies or developers used for the construction of a commercial or residential property for which repayment will be generated by the sale or permanent financing of the property. Generally, these loans are for construction projects that have been either presold, preleased, or have secured permanent financing, as well as loans to real estate companies with significant equity invested in the project. Consumer loans include loans made to individuals not secured by real estate, including loans secured by automobiles or watercraft, and personal unsecured loans. Risk elements in the consumer loan portfolio are primarily focused on the borrower's cash flow and credit history, key indicators of the ability to repay and borrower credit scores. A certain level of security is provided through liens on automobile or watercraft titles, where applicable. Economic conditions that affect consumers in the Company's markets have a direct impact on the credit quality of these loans. Higher levels of unemployment, lower levels of income growth and weaker economic growth are factors that may adversely impact consumer loan credit quality. On December 28, 2015, the Company entered into an early termination agreement with the FDIC that terminated the Bank's loss share agreements with the FDIC. As a result, all loss share agreements have been eliminated and no loans are considered covered at December 31, 2015. Loans at December 31, 2015 and December 31, 2014 were as follows: Covered loans Uncovered loans (Dollars in thousands) Accounted for under ASC 310-30 Excluded from ASC 310-30 accounting Total covered loans Accounted for under ASC 310-30 Excluded from ASC 310-30 accounting Total uncovered loans Total December 31, 2015 Commercial real estate $ — $ — $ — $ 250,497 $ 1,317,600 $ 1,568,097 $ 1,568,097 Residential real estate — — — 273,845 1,273,954 1,547,799 1,547,799 Commercial and industrial — — — 24,724 1,232,682 1,257,406 1,257,406 Real estate construction — — — 10,783 230,820 241,603 241,603 Consumer — — — 9,417 182,378 191,795 191,795 Total $ — $ — $ — $ 569,266 $ 4,237,434 $ 4,806,700 $ 4,806,700 (1) December 31, 2014 Commercial real estate $ 160,886 $ 25,776 $ 186,662 $ 190,148 $ 1,120,790 $ 1,310,938 $ 1,497,600 Residential real estate 86,515 21,711 108,226 239,523 1,186,489 1,426,012 1,534,238 Commercial and industrial 23,752 8,896 32,648 15,499 853,978 869,477 902,125 Real estate construction 8,415 974 9,389 8,309 123,377 131,686 141,075 Consumer 9,469 96 9,565 2,389 162,135 164,524 174,089 Total $ 289,037 $ 57,453 $ 346,490 $ 455,868 $ 3,446,769 $ 3,902,637 $ 4,249,127 (1) _______________________________________________________________________________ (1) Reported net of deferred costs totaling $1.9 million and deferred fees totaling $4.6 million at December 31, 2015 and 2014 , respectively. Nonperforming Assets and Past Due Loans Nonperforming assets consist of loans for which the accrual of interest has been discontinued, other real estate owned acquired through acquisitions, other real estate owned obtained through foreclosure and other repossessed assets. Loans are considered past due or delinquent when the contractual principal or interest due in accordance with the terms of the loan agreement or any portion thereof remains unpaid after the due date of the scheduled payment. Loans outside of those accounted for under ASC 310-30 are classified as nonaccrual when, in the opinion of management, collection of principal or interest is doubtful. The accrual of interest income is discontinued when a loan is placed in nonaccrual status and any payments received reduce the carrying value of the loan. A loan may be placed back on accrual status if all contractual payments have been received and collection of future principal and interest payments are no longer doubtful. Loans accounted for under ASC 310-30 are classified as performing, even though they may be contractually past due, as any nonpayment of contractual principal or interest is considered in the quarterly re-estimation of expected cash flows and is included in the resulting recognition of current period provision for loan losses or future yield adjustments. Information as to nonperforming assets was as follows: December 31, (Dollars in thousands) 2015 2014 Uncovered nonperforming assets Nonaccrual loans Commercial real estate $ 16,798 $ 13,756 Residential real estate 18,390 17,374 Commercial and industrial 21,668 3,550 Real estate construction 413 174 Consumer 206 257 Total nonaccrual loans 57,475 35,111 Other real estate owned and repossessed assets(1) 28,157 36,872 Total uncovered nonperforming assets 85,632 71,983 Covered nonperforming assets Nonaccrual loans Commercial real estate — 15,723 Residential real estate — 1,848 Commercial and industrial — 3,560 Real estate construction — 713 Consumer — 13 Total nonaccrual loans — 21,857 Other real estate owned and repossessed assets — 10,719 Total covered nonperforming assets — 32,576 Total nonperforming assets $ 85,632 $ 104,559 Uncovered loans 90 days or more past due and still accruing, excluding loans accounted for under ASC 310-30 Residential real estate $ 58 $ 12 Commercial and industrial 14 — Consumer 225 41 Total loans 90 days or more past due and still accruing, excluding loans accounted for under ASC 310-30 $ 297 $ 53 _______________________________________________________________________________ (1) Excludes closed branches and operating facilities. Loan delinquency, excluding loans accounted for under ASC 310-30 was as follows: December 31, 2015 (Dollars in thousands) 30 - 59 days past due 60 - 89 days past due 90 days or more past due Total past due Current Total loans 90 days or more past due and still accruing Uncovered loans, excluding loans accounted for under ASC 310-30 Commercial real estate $ 2,662 $ 1,378 $ 13,520 $ 17,560 $ 1,300,040 $ 1,317,600 $ — Residential real estate 10,582 2,539 7,377 20,498 1,253,456 1,273,954 58 Commercial and industrial 9,079 2,099 4,955 16,133 1,216,549 1,232,682 14 Real estate construction 2,046 — 304 2,350 228,470 230,820 — Consumer 1,287 402 287 1,976 180,402 182,378 225 Total $ 25,656 $ 6,418 $ 26,443 $ 58,517 $ 4,178,917 $ 4,237,434 $ 297 December 31, 2014 (Dollars in thousands) 30 - 59 days past due 60 - 89 days past due 90 days or more past due Total past due Current Total loans 90 days or more past due and still accruing Uncovered loans, excluding loans accounted for under ASC 310-30 Commercial real estate $ 4,870 $ 1,083 $ 11,333 $ 17,286 $ 1,103,504 $ 1,120,790 $ — Residential real estate 11,709 2,044 9,593 23,346 1,163,143 1,186,489 12 Commercial and industrial 4,679 184 2,960 7,823 846,155 853,978 — Real estate construction 1,004 136 174 1,314 122,063 123,377 — Consumer 964 152 150 1,266 160,869 162,135 41 Total $ 23,226 $ 3,599 $ 24,210 $ 51,035 $ 3,395,734 $ 3,446,769 $ 53 Covered loans, excluding loans accounted for under ASC 310-30 Commercial real estate $ — $ — $ 4,569 $ 4,569 $ 21,207 $ 25,776 $ — Residential real estate 238 35 1,179 1,452 20,259 21,711 — Commercial and industrial 373 7 2,923 3,303 5,593 8,896 — Real estate construction — — 710 710 264 974 — Consumer — — 2 2 94 96 — Total $ 611 $ 42 $ 9,383 $ 10,036 $ 47,417 $ 57,453 $ — Impaired Loans A loan is impaired when, based on current information and events, it is probable that we will be unable to collect all amounts due according to the contractual terms of the loan agreement. Impaired loans included nonperforming loans (including nonperforming TDRs) and performing TDRs. Impaired loans are accounted for at the lower of the present value of expected cash flows or the estimated fair value of the collateral. When the present value of expected cash flows or the fair value of the collateral of an impaired loan not accounted for under ASC 310-30 is less than the amount of unpaid principal outstanding on the loan, the recorded principal balance of the loan is reduced to its carrying value through either a specific allowance for loan loss or a partial charge-off of the loan balance. Information as to total impaired loans (both individually and collectively evaluated for impairment) is as follows: December 31, (Dollars in thousands) 2015 2014 Uncovered Nonaccrual loans $ 57,475 $ 35,111 Performing troubled debt restructurings: Commercial real estate 15,340 3,785 Residential real estate 5,749 1,368 Commercial and industrial 3,438 840 Real estate construction 420 90 Consumer 242 234 Total uncovered performing troubled debt restructurings 25,189 6,317 Total uncovered impaired loans $ 82,664 $ 41,428 Covered Nonaccrual loans $ — $ 21,857 Performing troubled debt restructurings: Commercial real estate — 9,017 Residential real estate — 3,046 Commercial and industrial — 1,137 Real estate construction — 264 Total covered performing troubled debt restructurings — 13,464 Total covered impaired loans $ — $ 35,321 Troubled Debt Restructurings The Company assesses all loan modifications to determine whether a modification constitutes a troubled debt restructuring ("TDR"). For loans excluded from ASC 310-30 accounting, a modification is considered a TDR when a borrower is experiencing financial difficulties and the Company grants a concession to the borrower. For loans accounted for individually under ASC 310-30, a modification is considered a TDR when a borrower is experiencing financial difficulties and the effective yield after the modification is less than the effective yield at the time the loan was acquired in association with consideration of qualitative factors included within ASC 310-40. All TDRs are considered impaired loans. The nature and extent of impairment of TDRs, including those which have experienced a subsequent default, is considered in the determination of an appropriate level of charge off and/or allowance for loan losses. As of December 31, 2015 , there were $14.5 million of nonperforming TDRs and $25.2 million of performing TDRs included in impaired loans. As of December 31, 2014 , there were $25.0 million of nonperforming TDRs and $19.8 million of performing TDRs included in impaired loans. All TDRs are considered impaired loans in the calendar year of their restructuring. In subsequent years, a restructured obligation modified at a market rate and compliant with its modified terms for a minimum period of six months is no longer reported as a TDR. A loan that has been modified at a rate other than market will return to performing status if it satisfies the six months performance requirement; however, it will continue to be reported as a TDR and considered impaired. If a TDR is subsequently restructured under current market terms, no cumulative concession has been granted to the borrower and the borrower is not experiencing financial difficulties which is documented by a current credit evaluation the loan is no longer required to be reported as a TDR. The following tables present the recorded investment of loans modified in TDRs during the years ended December 31, 2015 and 2014 by type of concession granted. In cases where more than one type of concession was granted, the loans were categorized based on the most significant concession. Concession type Financial effects of modification (Dollars in thousands) Principal deferral Principal reduction(1) Interest rate Forbearance agreement Total number of loans Total recorded investment at Net charge-offs (recoveries) Provision (benefit) for loan losses For the year ended December 31, 2015 Uncovered Commercial real estate $ 100 $ — $ 3,646 $ 1,481 33 $ 5,227 $ (686 ) $ (76 ) Residential real estate 2,638 127 1,216 — 61 3,981 106 707 Commercial and industrial 965 — 1,886 — 41 2,851 82 300 Real estate construction 195 — 67 — 4 262 — 100 Consumer 77 7 — — 6 84 4 11 Total loans $ 3,975 $ 134 $ 6,815 $ 1,481 145 $ 12,405 $ (494 ) $ 1,042 _______________________________________________________________________________ (1) Loan forgiveness related to loans modified in TDRs for the year ended December 31, 2015 totaled $209 thousand . Concession type Financial effects of modification (Dollars in thousands) Principal deferral Principal reduction(1) Interest rate Forbearance agreement A/B Note Restructure (2) Total number of loans Total recorded investment at December 31, 2014 Net charge-offs (recoveries) Provision (benefit) for loan losses(3) For the year ended December 31, 2014 Uncovered Commercial real estate $ 448 $ — $ 2,022 $ 2,001 $ — 20 $ 4,471 $ 30 $ 850 Residential real estate 116 1,070 1,315 160 — 40 2,661 (135 ) 411 Commercial and industrial 70 — 194 264 — 20 528 28 12 Consumer 142 82 54 10 — 8 288 (2 ) 30 Total uncovered $ 776 $ 1,152 $ 3,585 $ 2,435 $ — 88 $ 7,948 $ (79 ) $ 1,303 Covered Commercial real estate $ — $ — $ 631 $ 416 $ 10,656 5 $ 11,703 $ — $ 373 Residential real estate 594 45 238 — — 22 877 (13 ) 35 Commercial and industrial — — 173 86 — 8 259 — 7 Real estate construction 257 — — — — 2 257 — — Total covered $ 851 $ 45 $ 1,042 $ 502 $ 10,656 37 $ 13,096 $ (13 ) $ 415 Total loans $ 1,627 $ 1,197 $ 4,627 $ 2,937 $ 10,656 125 $ 21,044 $ (92 ) $ 1,718 _______________________________________________________________________________ (1) Loan forgiveness related to loans modified in TDRs for the year ended December 31, 2014 totaled $1.3 million . (2) Loan restructurings whereby the original loan is restructured into two notes: an "A" note, which generally reflects the portion of the modified loans which is expected to be collected; and a "B" note, which is fully charged off. (3) The provision for loan losses for covered loans was partially offset by the build of an associated FDIC indemnification asset on covered loans. Concession type Financial effects of modification (Dollars in thousands) Principal deferral Principal reduction(1) Interest rate Forbearance agreement Total number of loans Total recorded investment at December 31, 2013 Net charge-offs (recoveries) Provision (benefit) for loan losses(2) For the year ended December 31, 2013 Uncovered Commercial real estate $ 1,737 $ — $ 3,416 $ 19 12 $ 5,172 $ 550 $ 308 Residential real estate 3 1,539 1,255 — 30 2,797 313 800 Commercial and industrial 636 — 302 — 11 938 — (33 ) Real estate construction 90 — — — 3 90 — — Consumer — — 30 — 4 30 2 3 Total uncovered $ 2,466 $ 1,539 $ 5,003 $ 19 60 $ 9,027 $ 865 $ 1,078 Covered Commercial real estate $ 202 $ — $ 1,933 $ 1 17 $ 2,136 $ 1,138 $ 752 Residential real estate 1,091 46 183 — 29 1,320 47 97 Commercial and industrial 594 54 468 73 34 1,189 218 168 Real estate construction 774 — 7 — 4 781 — — Consumer 6 — — — 3 6 (8 ) (8 ) Total covered $ 2,667 $ 100 $ 2,591 $ 74 87 $ 5,432 $ 1,395 $ 1,009 Total loans $ 5,133 $ 1,639 $ 7,594 $ 93 147 $ 14,459 $ 2,260 $ 2,087 _______________________________________________________________________________ (1) Loan forgiveness related to loans modified in TDRs for the year ended December 31, 2013 totaled $1.4 million . (2) The provision for loan losses for covered loans was partially offset by the build of an associated FDIC indemnification asset on covered loans. When a modification qualifies as a TDR and was initially individually accounted for under ASC 310-30, the loan is required to be moved from ASC 310-30 accounting and accounted for under ASC 310-40. In order to accomplish the transfer of the accounting for the TDR from ASC 310-30 to ASC 310-40, the loan is essentially retained in the ASC 310-30 accounting model and subject to the quarterly cash flow re-estimation process. Similar to loans accounted for under ASC 310-30, deterioration in expected cash flows result in the recognition of allowance for loan losses. However, unlike loans accounted for under ASC 310-30, improvements in estimated cash flows on these loans result only in recapturing previously recognized allowance for loan losses and the yield remains at the last yield recognized under ASC 310-30. On an ongoing basis, the Company monitors the performance of TDRs to their modified terms. The following table presents the number of loans modified in TDRs during the previous 12 months for which there was payment default during the years ended December 31, 2015 , 2014 and 2013, including the recorded investment as of December 31, 2015 , 2014 and 2013. A payment on a TDR is considered to be in default once it is greater than 30 days past due. (Dollars in thousands) Total number Total recorded investment Charged off following a subsequent default For the years ended December 31, 2015 Uncovered Commercial real estate $ 6 $ 950 $ 71 Residential real estate 12 560 61 Commercial and industrial 4 — 200 Real estate construction 1 67 — Consumer 1 7 — Total loans $ 24 $ 1,584 $ 332 For the years ended December 31, 2014 Uncovered Commercial real estate $ 6 $ 2,669 $ — Residential real estate 13 554 60 Commercial and industrial 3 44 — Consumer 2 110 2 Total uncovered 24 3,377 62 Covered Commercial real estate 1 415 — Residential real estate 4 22 — Total covered 5 437 — Total loans $ 29 $ 3,814 $ 62 For the years ended December 31, 2013 Uncovered Commercial real estate $ 7 $ 2,677 $ 550 Residential real estate 21 2,062 406 Commercial and industrial 1 4 — Consumer 3 30 3 Total uncovered 32 4,773 959 Covered Commercial real estate 8 1,127 224 Residential real estate 5 215 31 Commercial and industrial 14 318 191 Total covered 27 1,660 446 Total loans $ 59 $ 6,433 $ 1,405 At December 31, 2015 , commitments to lend additional funds to borrowers whose terms have been modified in TDRs totaled $474 thousand . The terms of certain other loans that were modified during the years ended December 31, 2015 and 2014 that did not meet the definition of a TDR generally involved a modification of the terms of a loan to borrowers who were not deemed to be experiencing financial difficulties or a loan accounted for under ASC 310-30 that did not result in a lower effective yield than at the date of acquisition after the modification in association with consideration of qualitative factors included within ASC 310-40. The evaluation of whether or not a borrower is deemed to be experiencing financial difficulty is completed during loan committee meetings at the time of the loan approval. Credit Quality Indicators Credit risk monitoring and management is a continuous process to manage the quality of the loan portfolio. The Company categorizes commercial and industrial, commercial real estate and real estate construction loans into risk categories based on relevant information about the ability of borrowers to service their debt including, current financial information, historical payment experience, credit documentation and current economic trends, among other factors. The risk rating system is used as a tool to analyze and monitor loan portfolio quality. Risk ratings meeting an internally specified exposure threshold are updated annually, or more frequently upon the occurrence of a circumstance that affects the credit risk of the loan. The following describes each risk category: Pass: Includes all loans without weaknesses or potential weaknesses identified in the categories of special mention, substandard or doubtful. Special Mention: Loans with potential credit weakness or credit deficiency, which, if not corrected, pose an unwarranted financial risk that could weaken the loan by adversely impacting the future repayment ability of the borrower. Substandard: Loans with a well-defined weakness, or weaknesses, such as loans to borrowers who may be experiencing losses from operations or inadequate liquidity of a degree and duration that jeopardizes the orderly repayment of the loan. Substandard loans also are distinguished by the distinct possibility of loss in the future if these weaknesses are not corrected. Doubtful: Loans with all the characteristics of a loan classified as Substandard, with the added characteristic that credit weaknesses make collection in full highly questionable and improbable. Commercial and industrial, commercial real estate and real estate construction loans by credit risk category were as follows: (Dollars in thousands) Pass Special Mention Substandard Doubtful (1) Total December 31, 2015 Uncovered loans Commercial real estate $ 1,408,238 $ 60,130 $ 99,343 $ 386 $ 1,568,097 Commercial and industrial 1,177,354 24,129 55,923 — 1,257,406 Real estate construction 235,479 259 5,865 — 241,603 Total $ 2,821,071 $ 84,518 $ 161,131 $ 386 $ 3,067,106 December 31, 2014 Uncovered loans Commercial real estate $ 1,153,132 $ 63,567 $ 94,239 $ — $ 1,310,938 Commercial and industrial 824,239 29,511 15,727 — 869,477 Real estate construction 123,822 1,981 5,883 — 131,686 Total $ 2,101,193 $ 95,059 $ 115,849 $ — $ 2,312,101 Covered loans Commercial real estate $ 102,952 $ 16,073 $ 67,637 $ — $ 186,662 Commercial and industrial 16,718 1,875 14,055 — 32,648 Real estate construction 3,817 792 4,780 — 9,389 Total $ 123,487 $ 18,740 $ 86,472 $ — $ 228,699 _______________________________________________________________________________ (1) Prior to January 1, 2015, all nonaccrual loans were included in the "Doubtful" risk category. After further review of regulatory guidance, we have reclassified nonaccrual loans with a determinable value to the "Substandard" risk category; therefore, "Substandard" now includes accrual and nonaccrual loans. This change in classification has been made retrospectively and the reclassification is presented within the December 31, 2014 disclosure. For residential real estate loans and consumer loans, the Company evaluates credit quality based on the aging status of the loan and by payment activity. Residential real estate loans and consumer loans secured by a residence where the debt has been discharged but the borrower continues to make payments are considered nonperforming. The following table presents residential real estate and consumer loans by credit quality: (Dollars in thousands) Performing Nonperforming Total December 31, 2015 Uncovered loans Residential real estate $ 1,529,409 $ 18,390 $ 1,547,799 Consumer 191,589 206 191,795 Total $ 1,720,998 $ 18,596 $ 1,739,594 December 31, 2014 Uncovered Residential real estate $ 1,408,638 $ 17,374 $ 1,426,012 Consumer 164,267 257 164,524 Total $ 1,572,905 $ 17,631 $ 1,590,536 Covered loans Residential real estate $ 106,378 $ 1,848 $ 108,226 Consumer 9,552 13 9,565 Total $ 115,930 $ 1,861 $ 117,791

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	12 Months Ended
	Dec. 31, 2015
Loans and Leases Receivable, Allowance [Abstract]
ALLOWANCE FOR LOAN LOSSES	ALLOWANCE FOR LOAN LOSSES The allowance for loan losses represents management's assessment of probable, incurred credit losses in the loan portfolio. The allowance for loan losses consists of specific allowances, based on individual evaluation of certain loans, and allowances for homogeneous pools of loans with similar risk characteristics. Management's evaluation in establishing the adequacy of the allowance includes evaluation of actual past loan loss experience, probable incurred losses in the portfolio, adverse situations that may affect a specific borrower's ability to repay (including the timing of future payments), the estimated value of any underlying collateral, composition of the loan portfolio, economic conditions, and other pertinent factors, such as periodic internal and external evaluations of delinquent, nonaccrual, and classified loans. The evaluation is inherently subjective as it requires utilizing material estimates. The evaluation of these factors is the responsibility of certain senior officers from the credit administration, finance, and lending areas. The Company established an allowance for loan losses associated with purchased credit impaired loans (accounted for under ASC 310-30) based on credit deterioration subsequent to the acquisition date. The Company re-estimates cash flows expected to be collected for purchased credit impaired loans on a quarterly basis, with any decline in expected cash flows recorded as provision for loan losses on a discounted basis during the period. For any increases in cash flows expected to be collected, the Company first reverses any previously recorded allowance for loan loss, then adjusts the amount of accretable yield recognized on a prospective basis over the loan's remaining life. On December 28, 2015, the Company entered into an early termination agreement with the FDIC that terminated the loss share agreements with the FDIC. As a result, all loss share agreements have been eliminated and no loans or related allowance are considered covered at December 31, 2015. For loans not accounted for under ASC 310-30, the Company individually assesses for impairment all nonaccrual loans and TDRs. Information as to impaired loans individually evaluated for impairment is as follows: (Dollars in thousands) Recorded investment with no related allowance Recorded investment with related allowance Total recorded investment Contractual principal balance Related allowance December 31, 2015 Uncovered individually evaluated impaired loans Commercial real estate $ 12,506 $ 19,632 $ 32,138 $ 46,099 $ 2,647 Residential real estate 13,304 10,835 24,139 30,409 2,729 Commercial and industrial 11,661 13,445 25,106 27,883 2,577 Real estate construction 402 431 833 1,369 158 Consumer 319 129 448 789 36 Total uncovered individually evaluated impaired loans $ 38,192 $ 44,472 $ 82,664 $ 106,549 $ 8,147 December 31, 2014 Uncovered individually evaluated impaired loans Commercial real estate $ 7,609 $ 5,956 $ 13,565 $ 17,016 $ 1,276 Residential real estate 14,316 4,268 18,584 23,080 1,110 Commercial and industrial 915 1,884 2,799 2,807 982 Real estate construction 174 — 174 174 — Consumer 296 176 472 610 82 Total uncovered individually evaluated impaired loans $ 23,310 $ 12,284 $ 35,594 $ 43,687 $ 3,450 Covered individually evaluated impaired loans Commercial real estate $ 10,400 $ 11,985 $ 22,385 $ 28,755 $ 1,277 Residential real estate 2,155 2,583 4,738 6,388 417 Commercial and industrial 1,545 779 2,324 2,668 109 Real estate construction 670 — 670 994 — Consumer 11 1 12 39 — Total covered individually evaluated $ 14,781 $ 15,348 $ 30,129 $ 38,844 $ 1,803 For the years ended December 31, 2015 2014 2013 (Dollars in thousands) Average recorded investment Interest income recognized Average recorded investment Interest income recognized Average recorded investment Interest income recognized Uncovered individually evaluated impaired loans Commercial real estate $ 27,239 $ 1,843 $ 14,558 $ 915 $ 5,034 $ 442 Residential real estate 36,368 1,294 18,870 649 14,099 540 Commercial and industrial 19,542 1,505 2,847 76 3,221 476 Real estate construction 1,056 79 174 8 280 — Consumer 1,112 44 464 37 33 3 Total uncovered individually evaluated $ 85,317 $ 4,765 $ 36,913 $ 1,685 $ 22,667 $ 1,461 Covered individually evaluated impaired loans Commercial real estate $ — $ — $ 24,495 $ 1,492 $ 18,317 $ 1,102 Residential real estate — — 5,095 306 2,747 162 Commercial and industrial — — 2,474 118 6,108 230 Real estate construction — — 665 24 1,082 103 Consumer — — 18 4 26 4 Total covered individually evaluated impaired loans $ — $ — $ 32,747 $ 1,944 $ 28,280 $ 1,601 Uncovered Loans Changes in the allowance for loan losses and the allocation of the allowance for uncovered loans were as follows: (Dollars in thousands) Commercial real estate Residential real estate Commercial and industrial Real estate construction Consumer Total For the year ended December 31, 2015 (1) Allowance for loan losses—uncovered: Balance at beginning of period $ 11,128 $ 12,193 $ 7,835 $ 1,599 $ 1,064 $ 33,819 Transfer in from covered (1) 7,877 3,807 1,707 910 35 14,336 Provision (benefit) for loan losses (4,560 ) 389 6,170 69 1,496 3,564 Gross charge-offs (8,992 ) (6,207 ) (5,066 ) (561 ) (1,762 ) (22,588 ) Recoveries 13,965 4,250 5,672 682 253 24,822 Net (charge-offs) recoveries 4,973 (1,957 ) 606 121 (1,509 ) 2,234 Ending allowance for loan losses $ 19,418 $ 14,432 $ 16,318 $ 2,699 $ 1,086 $ 53,953 As of December 31, 2015 Allowance for loan losses—uncovered: Individually evaluated for impairment $ 2,647 $ 2,729 $ 2,577 $ 158 $ 36 $ 8,147 Collectively evaluated for impairment 5,741 3,756 12,254 863 926 23,540 Accounted for under ASC 310-30 11,030 7,947 1,487 1,678 124 22,266 Allowance for loan losses—uncovered: $ 19,418 $ 14,432 $ 16,318 $ 2,699 $ 1,086 $ 53,953 Balance of uncovered loans: Individually evaluated for impairment $ 32,138 $ 24,139 $ 25,106 $ 833 $ 448 $ 82,664 Collectively evaluated for impairment 1,285,462 1,249,815 1,207,576 229,987 181,930 4,154,770 Accounted for under ASC 310-30 250,497 273,845 24,724 10,783 9,417 569,266 Total uncovered loans $ 1,568,097 $ 1,547,799 $ 1,257,406 $ 241,603 $ 191,795 $ 4,806,700 For the year ended December 31, 2014 Allowance for loan losses—uncovered: Balance at beginning of period $ 4,267 $ 7,708 $ 3,404 $ 2,027 $ 340 $ 17,746 Provision (benefit) for loan losses 8,883 7,485 6,968 (788 ) 534 23,082 Gross charge-offs (7,546 ) (5,691 ) (3,425 ) (624 ) (279 ) (17,565 ) Recoveries 5,524 2,691 888 984 469 10,556 Net (charge-offs) recoveries (2,022 ) (3,000 ) (2,537 ) 360 190 (7,009 ) Ending allowance for loan losses $ 11,128 $ 12,193 $ 7,835 $ 1,599 $ 1,064 $ 33,819 (1) Effective July 1, 2015, the first of our four non-single family FDIC loss share agreements expired. On December 28, 2015, our remaining loss share agreements were terminated with an effective date of October 1, 2015. Therefore, the balance of the loans and the related allowance for loan losses were reclassified to uncovered. (Dollars in thousands) Commercial real estate Residential real estate Commercial and industrial Real estate construction Consumer Total As of December 31, 2014 Allowance for loan losses—uncovered: Individually evaluated for impairment $ 1,276 $ 1,110 $ 982 $ — $ 82 $ 3,450 Collectively evaluated for impairment 4,623 4,850 5,968 649 820 16,910 Accounted for under ASC 310-30 5,229 6,233 885 950 162 13,459 Allowance for loan losses—uncovered: $ 11,128 $ 12,193 $ 7,835 $ 1,599 $ 1,064 $ 33,819 Balance of uncovered loans: Individually evaluated for impairment $ 13,565 $ 18,584 $ 2,799 $ 174 $ 472 $ 35,594 Collectively evaluated for impairment 1,107,225 1,167,905 851,179 123,203 161,663 3,411,175 Accounted for under ASC 310-30 190,148 239,523 15,499 8,309 2,389 455,868 Total uncovered loans $ 1,310,938 $ 1,426,012 $ 869,477 $ 131,686 $ 164,524 $ 3,902,637 For the year ended December 31, 2013 Allowance for loan losses—uncovered: Balance at beginning of period $ 4,265 $ 2,059 $ 4,162 $ 268 $ 191 $ 10,945 Provision (benefit) for loan losses 3,107 10,980 (80 ) 1,425 88 15,520 Gross charge-offs (4,070 ) (8,942 ) (1,136 ) (165 ) (528 ) (14,841 ) Recoveries 965 3,611 458 499 589 6,122 Net (charge-offs) recoveries (3,105 ) (5,331 ) (678 ) 334 61 (8,719 ) Ending allowance for loan losses $ 4,267 $ 7,708 $ 3,404 $ 2,027 $ 340 $ 17,746 Covered Loans Changes in the allowance and the allocation of the allowance for covered loans were as follows: (Dollars in thousands) Commercial real estate Residential real estate Commercial and industrial Real estate construction Consumer Total For the year ended December 31, 2015 (1) Allowance for loan losses—covered: Balance at beginning of period $ 13,663 $ 3,981 $ 2,577 $ 1,086 $ 46 $ 21,353 Transfer out to uncovered (1) (7,877 ) (3,807 ) (1,707 ) (910 ) (35 ) (14,336 ) Provision (benefit) for loan losses (10,113 ) (87 ) (2,690 ) 256 (133 ) (12,767 ) Gross charge-offs (5,449 ) (694 ) (2,483 ) (965 ) (165 ) (9,756 ) Recoveries 9,776 607 4,303 533 287 15,506 Net (charge-offs) recoveries 4,327 (87 ) 1,820 (432 ) 122 5,750 Ending allowance for loan losses $ — $ — $ — $ — $ — $ — For the year ended December 31, 2014 Allowance for loan losses—covered: Balance at beginning of period $ 26,394 $ 4,696 $ 7,227 $ 1,984 $ 80 $ 40,381 Benefit for loan losses (13,604 ) (443 ) (3,968 ) (596 ) (144 ) (18,755 ) Gross charge-offs (7,568 ) (2,294 ) (4,774 ) (1,545 ) (220 ) (16,401 ) Recoveries 8,441 2,022 4,092 1,243 330 16,128 Net (charge-offs) recoveries 873 (272 ) (682 ) (302 ) 110 (273 ) Ending allowance for loan losses $ 13,663 $ 3,981 $ 2,577 $ 1,086 $ 46 $ 21,353 As of December 31, 2014 Allowance for loan losses—covered: Individually evaluated for impairment $ 1,277 $ 417 $ 109 $ — $ — $ 1,803 Collectively evaluated for impairment 57 123 89 7 1 277 Accounted for under ASC 310-30 12,329 3,441 2,379 1,079 45 19,273 Allowance for loan losses—covered: $ 13,663 $ 3,981 $ 2,577 $ 1,086 $ 46 $ 21,353 Balance of covered loans: Individually evaluated for impairment $ 22,385 $ 4,738 $ 2,324 $ 670 $ 12 $ 30,129 Collectively evaluated for impairment 3,391 16,973 6,572 304 84 27,324 Accounted for under ASC 310-30 160,886 86,515 23,752 8,415 9,469 289,037 Total covered loans $ 186,662 $ 108,226 $ 32,648 $ 9,389 $ 9,565 $ 346,490 For the year ended December 31, 2013 Allowance for loan losses—covered: Balance at beginning of period $ 30,150 $ 5,716 $ 10,915 $ 4,509 $ 183 $ 51,473 Provision (benefit) for loan losses (4,567 ) 368 (3,270 ) (2,712 ) (241 ) (10,422 ) Gross charge-offs (9,211 ) (2,664 ) (4,654 ) (1,904 ) (214 ) (18,647 ) Recoveries 10,022 1,276 4,236 2,091 352 17,977 Net (charge-offs) recoveries 811 (1,388 ) (418 ) 187 138 (670 ) Ending allowance for loan losses $ 26,394 $ 4,696 $ 7,227 $ 1,984 $ 80 $ 40,381 (1) Effective July 1, 2015, the first of our four non-single family FDIC loss share agreements expired. On December 28, 2015, our remaining loss share agreements were terminated with an effective date of October 1, 2015. Therefore, the balance of the loans and the related allowance for loan losses were reclassified to uncovered .

ACQUIRED LOANS AND LOSS SHARE A

ACQUIRED LOANS AND LOSS SHARE ACCOUNTING	12 Months Ended
	Dec. 31, 2015
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
ACQUIRED LOANS AND LOSS SHARE ACCOUNTING	ACQUIRED LOANS AND LOSS SHARE ACCOUNTING A significant amount of loans acquired in the CF Bancorp and First Banking Center acquisitions during the year 2010 and the Peoples State Bank and Community Central Bank acquisitions during the year 2011 were acquired with loss share agreements with the FDIC, whereby the FDIC generally reimbursed the Bank for 80% of losses incurred. The CF Bancorp, First Banking Center and Peoples State Bank loss share agreements also included provisions where a clawback payment, calculated using formulas included within the contracts, was to be made to the FDIC 10 years and 45 days following the acquisition in the event actual losses failed to reach stated levels. On December 28, 2015, we entered into an early termination agreement with the FDIC that terminated the Bank's loss share agreements with the FDIC. The Company and the FDIC also agreed to terminate the warrant to purchase 390,000 shares of Class B non-voting common stock issued to the FDIC. Under the early termination agreement, the Bank paid $11.7 million to the FDIC as consideration for the early termination of the loss share agreements, and under the warrant termination agreement, the Company paid $4.5 million to the FDIC as consideration to terminate all outstanding warrants. The early loss share termination and warrant termination resulted in a pre-tax charge of $20.4 million , or approximately $13.9 million after tax, during the year ended December 31, 2015. This charge resulted from the write-off of the remaining FDIC indemnification assets and FDIC receivable and the $16.2 million total payment to the FDIC, partially offset by the release of both the FDIC warrant payable and the FDIC clawback liability. As a result of the transaction, all loans, allowance for loan losses and other real estate owned previously classified as covered were reclassified to uncovered effective October 1, 2015. Acquired loans were recorded at fair value as of the acquisition date, which includes loans acquired in each FDIC-assisted acquisition and in the First Place Bank, Talmer West Bank and First of Huron, Corp. acquisitions. At the acquisition date, where a loan exhibits evidence of credit deterioration since origination and it is probable at the date of acquisition that the Company will not collect all principal and interest payments in accordance with the terms of the loan agreement, the Company accounts for the loan under ASC 310-30 and recognizes the expected shortfall of expected future cash flows, as compared to the contractual amount due, as a nonaccretable discount. Any excess of the net present value of expected future cash flows over the acquisition date fair value is recognized as the accretable discount, or accretable yield. We recognize accretion of the accretable discount as interest income over the expected remaining life of the purchased loan. Fair value discounts/premiums created on acquired loans accounted for outside the scope of ASC 310-30 are accounted for under ASC 310-20 and are accreted/amortized into interest income over the remaining term of the loan as an adjustment to the related loans yield. Changes in the carrying amount of accretable discount for purchased loans accounted for under ASC 310-30 were as follows: For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Balance at beginning of period $ 277,058 $ 302,287 $ 216,970 Additions due to acquisitions 5,268 32,764 158,221 Discount accretion (73,981 ) (91,129 ) (95,758 ) Reclassifications from nonaccretable discount and other additions to accretable discount due to results of cash flow re-estimations 77,889 99,253 82,490 Other activity, net(1) (63,020 ) (66,117 ) (59,636 ) Balance at end of period $ 223,214 $ 277,058 $ 302,287 _______________________________________________________________________________ (1) Primarily includes changes in the accretable discount due to loan payoffs, foreclosures and charge-offs. For loans accounted for under ASC 310-30, the Company remeasures expected cash flows on a quarterly basis. For loans where the remeasurement process results in a decline in expected cash flows, impairment is recorded. To the extent impairment was recorded on covered loans, the indemnification asset was increased to reflect anticipated future cash to be received from the FDIC. Alternatively, when a loan's remeasurement results in an increase in expected cash flows, the effective yield of the related loan is increased through an addition to the accretable discount. To the extent improvement relates to covered loans, the indemnification asset was first reduced by the writing off of any indemnification asset related to impairment previously recorded with any remaining indemnification asset accreting off over the shorter of the expected term of the loan or the remaining life of the related loss share agreement. The total identified improvement in the cash flow expectations resulting in yield adjustments on a prospective basis during the years ended December 31, 2015 , 2014 and 2013 for purchased credit impaired loans was $77.9 million , $99.3 million and $82.5 million , respectively. The Company also identified declines in the cash flow expectations of certain loans. A decline in the present value of current expected cash flows compared to the previously estimated expected cash flows, due in any part to change in credit, is referred to as credit impairment and recorded as provision for loan losses during the period. Declines in the present value of expected cash flows only from the expected timing of such cash flows is referred to as timing impairment and recognized prospectively as a decrease in yield on the loan. Below is the composition of the recorded investment for loans accounted for under ASC 310-30 at December 31, 2015 and 2014 . December 31, (Dollars in thousands) 2015 2014 Contractual cash flows $ 1,019,407 $ 1,281,482 Non-accretable difference (226,927 ) (259,519 ) Accretable yield (223,214 ) (277,058 ) Loans accounted for under ASC 310-30 $ 569,266 $ 744,905 The following table details the components and impact of the provision for loan losses on covered loans and the related FDIC loss share income. Due to the termination of our FDIC loss share agreements, all covered loans were reclassified to uncovered effective October 1, 2015, therefore the table below does not reflect any activity for the fourth quarter of 2015. For the nine months ended September 30, 2015 For the years ended December 31, (Dollars in thousands) 2014 2013 Benefit for loan losses—covered: Net impairment recorded as a result of re-estimation of cash flows on loans accounted for under ASC 310-30(1) $ 2,962 $ 1,491 $ 11,179 Additional benefit recorded, net of charge-offs, for covered loans (15,729 ) (20,246 ) (21,601 ) Total benefit for loan losses—covered $ (12,767 ) $ (18,755 ) $ (10,422 ) Less: FDIC loss share income: Income recorded as a result of re-estimation of cash flows on loans accounted for under ASC 310-30(1) 1,002 4,015 5,598 Expense recorded, to offset provision (benefit), for covered loans (10,125 ) (11,729 ) (17,281 ) Total loss share expense due to provision for loan losses—covered (9,123 ) (7,714 ) (11,683 ) Net (increase) decrease to income before taxes: Net (income) expense recorded as a result of re-estimation of cash flows on loans accounted for under ASC 310-30(1) 1,960 (2,524 ) 5,581 Net income recorded, for covered loans including those accounted for under ASC 310-20 and ASC 310-40 (5,604 ) (8,517 ) (4,320 ) Net (increase) decrease to income before taxes $ (3,644 ) $ (11,041 ) $ 1,261 _______________________________________________________________________________ (1) The results of re-estimations also included cash flow improvements to be recognized prospectively as an adjustment to the accretable yield on the related covered loans of $20.4 million , $41.5 million and $49.1 million for the periods presented in 2015, 2014 and 2013 , respectively. The following table summarizes the activity related to the FDIC indemnification asset and the FDIC receivable for the years ended December 31, 2015 and 2014 . For further detail on impairment and provision expense related to loans accounted for under ASC Topic 310-30, refer to Note 6 "Allowance for Loan Losses." Due to the termination of our FDIC loss share agreements, all covered loans were reclassified to uncovered effective October 1, 2015, therefore the table below does not reflect any activity for the fourth quarter of 2015 other than the write-off of the remaining FDIC indemnification asset and FDIC receivable. For the years ended December 31, 2015 2014 (Dollars in thousands) FDIC Indemnification Asset FDIC Receivable FDIC Indemnification Asset FDIC Receivable Balance at beginning of period $ 67,026 $ 6,062 $ 131,861 $ 7,783 Accretion (22,164 ) — (26,426 ) — Sales and write-downs of other real estate owned (covered) (845 ) (495 ) (1,484 ) 524 Net effect of change in allowance on covered assets(1) (2,295 ) — (19,213 ) — Reimbursements requested from FDIC (reclassification to FDIC receivable) (11,171 ) 11,171 (17,712 ) 17,712 Decreases due to recoveries net of additional claimable expenses incurred(2) — (10,412 ) — (4,981 ) Claim payments received from the FDIC — (3,708 ) — (14,976 ) Write-off as a result of the early termination agreement with the FDIC, effective October 1, 2015 (30,551 ) (2,618 ) — — Balance at end of period $ — $ — $ 67,026 $ 6,062 _______________________________________________________________________________ (1) Primarily includes adjustments for fully claimed and exited loans and the results of remeasurement of expected cash flows under ASC 310-30 accounting. (2) Includes expenses associated with maintaining the underlying properties and legal fees .

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
PREMISES AND EQUIPMENT	PREMISES AND EQUIPMENT The following table summarizes premises and equipment at December 31: (Dollars in thousands) 2015 2014 Land and land improvements $ 7,564 $ 8,299 Buildings 28,401 29,203 Furniture and equipment 24,805 22,738 Data processing software 5,504 4,701 Leasehold improvements 5,583 4,930 Automobiles 344 316 Total 72,201 70,187 Less accumulated depreciation and amortization 28,631 21,798 Premises and equipment, net $ 43,570 $ 48,389 The Company leases certain branch properties and equipment under operating leases. Net rent expense was $6.5 million , $8.9 million and $5.1 million for the years ended December 31, 2015 , 2014 and 2013 , respectively. During the year ended December 31, 2014 , $9.0 million and $114 thousand of net book value of premises and equipment was sold in our New Mexico and Wisconsin branch sales, respectively. During the years ended December 31, 2015 and 2014 the Company transferred $889 thousand and $480 thousand from premises and equipment to other real estate owned, respectively, due to branch or building operation closings/consolidations. Future minimum lease payments for operating leases, before considering renewal options that generally are present, are as follows: (Dollars in thousands) Future Minimum Lease Payments(1) Years ending December 31, 2016 $ 6,330 2017 5,628 2018 5,032 2019 4,220 2020 4,121 Thereafter 5,585 Total $ 30,916 _______________________________________________________________________________ (1) Future minimum lease payments are reduced by $228 thousand related to sublease income to be received within the next five years.

OTHER REAL ESTATE OWNED AND REP

OTHER REAL ESTATE OWNED AND REPOSSESSED ASSETS	12 Months Ended
	Dec. 31, 2015
Other Real Estate [Abstract]
OTHER REAL ESTATE OWNED AND REPOSSESSED ASSETS	OTHER REAL ESTATE OWNED AND REPOSSESSED ASSETS Changes in other real estate owned and repossessed assets were as follows: Other real estate owned (Dollars in thousands) Uncovered Covered Total other real estate owned Repossessed assets Balance at January 1, 2013 $ 869 $ 23,834 $ 24,703 $ 129 Additions due to acquisitions 18,448 — 18,448 — Transfers in (1) 13,714 12,489 26,203 509 Disposals (12,656 ) (19,869 ) (32,525 ) (611 ) Write-downs (1,991 ) (4,883 ) (6,874 ) — Balance at December 31, 2013 $ 18,384 $ 11,571 $ 29,955 $ 27 Additions due to acquisitions 30,878 — 30,878 — Transfers in (1) 13,859 9,307 23,166 10,122 Capitalized expenditures — — — 535 Disposals (30,867 ) (8,545 ) (39,412 ) (389 ) Write-downs (4,007 ) (1,672 ) (5,679 ) — Change in valuation allowance — — — (460 ) Balance at December 31, 2014 $ 28,247 $ 10,661 $ 38,908 $ 9,835 Additions due to acquisitions 1,260 — 1,260 — Additions due to the adoption of ASU 2014-04 (2) 455 85 540 — Transfers in (1) 18,105 6,985 25,090 2,494 Transfers from covered to uncovered (3) 7,872 (7,872 ) — — Capitalized expenditures — — — 4,943 Payments received — — — (4,933 ) Disposals (30,287 ) (9,069 ) (39,356 ) (1,249 ) Write-downs (2,397 ) (790 ) (3,187 ) (1,117 ) Change in valuation allowance (325 ) — (325 ) (4,644 ) Balance at December 31, 2015 $ 22,930 $ — $ 22,930 $ 5,329 (1) Includes loans transferred to other real estate owned and other repossessed assets and transfers to other real estate owned due to branch or building operation closings/consolidations. (2) The Company adopted the provisions of FASB ASU No. 2014-04, " Reclassification of Residential Real Estate Collaterized Consumer Mortgage Loans Upon Foreclosure " ("ASU 2014-04") utilizing the prospective transition method. (3) Effective July 1, 2015, the first of our four non-single family FDIC loss share agreements expired. In addition, on December 28, 2015, we entered into an agreement with the FDIC to early terminate our remaining FDIC loss share agreements effective October 1, 2015. Therefore, the balances of the other real estate owned and repossessed assets under the applicable FDIC loss share agreements were reclassified to uncovered at each respective effective date. At December 31, 2015 , the Company had $951 thousand of other real estate owned and repossessed assets as a result of obtaining physical possession in accordance with ASU 2014-04. In addition, there are $9.4 million of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process, as of December 31, 2015 . Activity in the valuation allowance for other real estate owned and repossessed assets during the years ended December 31, 2015 and 2014 is summarized below. There was no valuation allowance for other real estate owned and repossessed assets at any time during the year ended December 31, 2013 . (Dollars in thousands) Valuation allowance for other real estate owned Valuation allowance for repossessed assets For the year ended December 31, 2015 Beginning Balance $ — $ 460 Provision for valuation allowance 325 4,644 Ending Balance $ 325 $ 5,104 For the year ended December 31, 2014 Beginning Balance $ — $ — Provision for valuation allowance — 460 Ending Balance $ — $ 460 Income and expenses related to other real estate owned and repossessed assets, recorded as a component of "Other expense" in the Consolidated Statements of Income, were as follows: Other real estate owned (Dollars in thousands) Uncovered Covered Total other real estate owned Repossessed assets For the year ended December 31, 2015 Net gain (loss) on sale $ 6,441 $ (298 ) $ 6,143 $ (159 ) Write-downs (2,397 ) (790 ) (3,187 ) (1,117 ) Provision for valuation allowance (325 ) — (325 ) (4,644 ) Net operating (expenses) income (2,157 ) (185 ) (2,342 ) (259 ) Total $ 1,562 $ (1,273 ) $ 289 $ (6,179 ) For the year ended December 31, 2014 Net gain (loss) on sale $ 8,156 $ 283 $ 8,439 $ (25 ) Write-downs (4,007 ) (1,672 ) (5,679 ) — Provision for valuation allowance — — — (460 ) Net operating (expenses) income (2,904 ) (228 ) (3,132 ) (98 ) Total $ 1,245 $ (1,617 ) $ (372 ) $ (583 ) For the year ended December 31, 2013 Net gain (loss) on sale $ 3,521 $ 482 $ 4,003 $ (94 ) Write-downs (1,991 ) (4,883 ) (6,874 ) — Net operating (expenses) income (1,520 ) 146 (1,374 ) (61 ) Total $ 10 $ (4,255 ) $ (4,245 ) $ (155 ) Note that prior to October 1, 2015, covered expenses and income were partially offset by the corresponding recording of FDIC loss share income or expense.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2015
Intangible Assets, Net (Excluding Goodwill) [Abstract]
INTANGIBLE ASSETS	INTANGIBLE ASSETS Core Deposit Intangibles The Company recorded core deposit intangibles (CDIs) associated with each of its acquisitions. CDIs are amortized on an accelerated basis over their estimated useful lives and have an estimated remaining weighted-average useful life of 6.6 years as of December 31, 2015 . The table below presents the Company's net carrying amount of CDIs. December 31, (Dollars in thousands) 2015 2014 Gross carrying amount $ 23,068 $ 20,658 Accumulated amortization (10,260 ) (7,623 ) Net carrying amount $ 12,808 $ 13,035 Amortization expense recognized on CDIs was $2.6 million , $2.8 million and $2.7 million for the years ended December 31, 2015 , 2014 and 2013 , respectively, included as a component of "other expense" in the Consolidated Statements of Income. During the year ended December 31, 2014 , we sold our branch offices located in Wisconsin (acquired in our First Banking Center acquisition) and our single branch office in Albuquerque, New Mexico (acquired in our Talmer West Bank acquisition). The branch sales included all of the deposits of the branches, resulting in the write-off of the related core deposit intangibles totaling $1.0 million . The estimated amortization expense of CDIs for the next five years is as follows: (Dollars in thousands) Estimated amortization expense 2016 $ 2,413 2017 2,184 2018 1,996 2019 1,832 2020 1,513 Goodwill The Company recorded goodwill in the amount of $3.5 million associated with the acquisition of First of Huron Corporation completed February 6, 2015. Goodwill is deemed to have an indefinite life and is not amortized, but instead is subject to an annual review of impairment. Impairment exists when the carrying value of goodwill exceeds its fair value. At December 31, 2015, the Company had positive equity and the Company elected to perform a qualitative assessment to determine if it was more likely than not that the fair value exceeded its carrying value, including goodwill. The qualitative assessment indicated that it was more likely than not that the fair value exceeded its carrying value, resulting in no impairment.

LOAN SERVICING RIGHTS

LOAN SERVICING RIGHTS	12 Months Ended
	Dec. 31, 2015
Transfers and Servicing [Abstract]
LOAN SERVICING RIGHTS	LOAN SERVICING RIGHTS Loan servicing rights are created as a result of the Company's mortgage banking origination activities, the purchase of mortgage servicing rights, the origination and purchase of agricultural servicing rights and the origination and purchase of commercial real estate servicing rights. Loans serviced for others are not reported as assets in the Consolidated Balance Sheets. The Company elected as of January 1, 2013 to account for all loan servicing rights under the fair value method. This change in accounting policy resulted in a cumulative adjustment to retained earnings as of January 1, 2013 in the amount of $31 thousand . For further information on this election, refer to Note 1, "Summary of Significant Accounting Policies." The following table represents the activity for loan servicing rights and the related fair value changes. (Dollars in thousands) Commercial Agricultural Mortgage Total For the year ended December 31, 2015 Fair value, beginning of period $ 691 $ — $ 69,907 $ 70,598 Additions from loans sold with servicing retained 22 — 10,842 10,864 Reduction from loans and servicing rights sold(1) — — (12,702 ) (12,702 ) Changes in fair value due to: Reductions from loans paid off during the period (138 ) — (7,186 ) (7,324 ) Changes due to valuation inputs or assumptions(2) (100 ) — (3,223 ) (3,323 ) Fair value, end of period $ 475 $ — $ 57,638 $ 58,113 Principal balance of loans serviced $ 97,735 $ — $ 5,832,170 $ 5,929,905 For the year ended December 31, 2014 Fair value, beginning of period $ 368 $ 962 $ 77,273 $ 78,603 Additions due to acquisition 767 — — 767 Additions from loans sold with servicing retained 8 125 8,903 9,036 Reductions from loans and servicing rights sold(1) — (771 ) — (771 ) Changes in fair value due to: Reductions from loans paid off during the period (173 ) (220 ) (6,407 ) (6,800 ) Changes due to valuation inputs or assumptions(2) (279 ) (96 ) (9,862 ) (10,237 ) Fair value, end of period $ 691 $ — $ 69,907 $ 70,598 Principal balance of loans serviced $ 213,248 $ — $ 7,050,445 $ 7,263,693 For the year ended December 31, 2013 Fair value, beginning of period $ 518 $ 1,456 $ 3,683 $ 5,657 Additions due to acquisition — — 41,967 41,967 Additions from loans sold with servicing retained — 72 23,844 23,916 Changes in fair value due to: Reductions from loans paid off during the period (34 ) (471 ) (6,650 ) (7,155 ) Changes due to valuation inputs or assumptions(2) (116 ) (95 ) 14,429 14,218 Fair value, end of period $ 368 $ 962 $ 77,273 $ 78,603 Principal balance of loans serviced $ 260,771 $ 43,847 $ 7,173,782 $ 7,478,400 _______________________________________________________________________________ (1) During the years ended December 31, 2015 and 2014 , we sold $ 12.7 million and $771 thousand , respectively, of servicing rights in connection with the sale of $1.2 billion and $33.8 million , respectively, of principal balance of loans serviced. (2) Represents estimated fair value changes primarily due to prepayment speeds and market-driven changes in interest rates. Expected and actual loan prepayment speeds are the most significant factors driving the fair value of loan servicing rights. The following table presents assumptions utilized in determining the fair value of loan servicing rights as of December 31, 2015 and December 31, 2014 . Commercial Real Estate Mortgage As of December 31, 2015 Prepayment speed 0.00 - 50.00% 0.00 - 34.56% Weighted average ("WA") discount rate 19.18% 9.13% WA cost to service/per year $472 $61 WA ancillary income/per year N/A 36 WA float range 0.56% 0.56 - 1.68% As of December 31, 2014 Prepayment speed 6.41 - 50.00% 3.63 - 40.07% WA discount rate 19.48% 9.14% WA cost to service/per year $470 $61 WA ancillary income/per year N/A 35 WA float range 0.56% 1.16 - 1.74% _______________________________________________________________________________ Custodial escrow balances maintained in connection with serviced loans were $63.2 million and $71.0 million at December 31, 2015 and 2014 , respectively. The Company realized total loan servicing fee income of $10.4 million , $13.8 million and $16.1 million for the years ended December 31, 2015 , 2014 and 2013 , respectively, recorded as a component of "Mortgage banking and other loan fees" in the Consolidated Statements of Income.

DERIVATIVE INSTRUMENTS AND BALA

DERIVATIVE INSTRUMENTS AND BALANCE SHEET OFFSETTING	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND BALANCE SHEET OFFSETTING	DERIVATIVE INSTRUMENTS AND BALANCE SHEET OFFSETTING In the normal course of business, the Company enters into various transactions involving derivative instruments to manage exposure to fluctuations in interest rates and to meet the financing needs of customers (customer-initiated derivatives). These financial instruments involve, to varying degrees, elements of market and credit risk. Market and credit risk are included in the determination of fair value. Commitments to fund mortgage loans (interest rate locks) to be sold into the secondary market and forward commitments for the future delivery of mortgage loans to third party investors are considered derivatives. It is the Company's practice to enter into forward commitments for the future delivery of mortgage loans when interest rate lock commitments are entered into in order to economically hedge the effect of changes in interest rates resulting from its commitments to fund the loans. The Company enters into interest rate derivatives to provide a service to certain qualifying customers to help facilitate their respective risk management strategies, customer-initiated derivatives, and, therefore, are not used for interest rate risk management purposes. The Company generally takes offsetting positions with dealer counterparts to mitigate the inherent risk. Income primarily results from the spread between the customer derivative and the offsetting dealer positions. The Company additionally utilizes interest rate swaps designated as cash flow hedges for risk management purposes to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. These interest rate swaps designated as cash flow hedges are used to manage differences in the amount, timing and duration of the Company's known or expected cash receipts and its known or expected cash payments principally related to certain variable rate borrowings and/or deposits. The Company assesses the effectiveness of each hedging relationship by comparing the changes in cash flows of the derivative instrument with the changes in cash flows of the designated hedged transactions. The interest rate swaps designated as cash flow hedges were determined to be fully effective during all periods presented. As such, no amount of ineffectiveness has been included in net income. Therefore, the aggregate fair value of the swaps is recorded in other assets (liabilities) with changes in fair value recorded in other comprehensive income (loss). The amount included in accumulated other comprehensive income (loss) would be reclassified to current earnings should the hedge no longer be considered effective. The Company expects the hedges to remain fully effective and does not expect any amounts to be reclassified from accumulated other comprehensive income due to ineffectiveness during the remaining terms of the swaps. The following table presents the notional amount and fair value of the Company's derivative instruments held or issued for risk management purposes or in connection with customer-initiated and mortgage banking activities. December 31, 2015 2014 Fair Value Fair Value (Dollars in thousands) Notional Amount(1) Gross Derivative Assets(2) Gross Derivative Liabilities(2) Notional Amount(1) Gross Derivative Assets(2) Gross Derivative Liabilities(2) Risk management purposes: Derivatives designated as hedging instruments: Interest rate swaps $ 37,000 $ 105 $ 397 $ 12,000 $ — $ 222 Total risk management purposes 37,000 105 397 12,000 — 222 Customer-initiated and mortgage banking activities: Forward contracts related to mortgage loans to be delivered for sale 105,711 — 38 114,828 — 803 Interest rate lock commitments 62,081 1,220 — 67,817 1,489 — Customer-initiated derivatives 354,699 4,143 4,144 125,356 1,588 1,477 Total customer-initiated and mortgage banking activities 522,491 5,363 4,182 308,001 3,077 2,280 Total gross derivatives $ 559,491 $ 5,468 $ 4,579 $ 320,001 $ 3,077 $ 2,502 _________________________________________ (1) Notional or contract amounts, which represent the extent of involvement in the derivatives market, are used to determine the contractual cash flows required in accordance with the terms of the agreement. These amounts are typically not exchanged, significantly exceed amounts subject to credit or market risk and are not reflected in the Consolidated Balance Sheets. (2) Derivative assets are included within "Other assets" and derivative liabilities are included within "Other liabilities" on the Consolidated Balance Sheets. Included in the fair value of the derivative assets are credit valuation adjustments for counterparty credit risk totaling $208 thousand and $103 thousand at December 31, 2015 and 2014 , respectively. In the normal course of business, the Company may decide to settle a forward contract rather than fulfill the contract. Cash received or paid in this settlement manner is included in "Net gain on sales of loans" in the Consolidated Statements of Income and is considered a cost of executing a forward contract. The following table presents the net gains (losses) relating to derivative instruments reflecting the changes in fair value. For the years ended December 31, (Dollars in thousands) Location of Gain (Loss) 2015 2014 2013 Forward contracts related to mortgage loans to be delivered for sale Net gain on sale of loans $ (1,542 ) $ 13,862 $ 23,798 Interest rate lock commitments Net gain on sale of loans (267 ) (344 ) (6,934 ) Customer-initiated derivatives Other noninterest income 105 103 — Total gain (loss) recognized in income $ (1,704 ) $ 13,621 $ 16,864 The following table presents the net gains (losses) recorded in accumulated other comprehensive income and the Consolidated Statements of Income relating to interest rate swaps designated as cash flow hedges for the years ended December 31, 2015 and 2014 . There were no interest rate swaps designated as cash flow hedges outstanding during the year ended December 31, 2013. (Dollars in thousands) Amount of gain (loss) recognized in other comprehensive income (Effective portion) Amount of gain (loss) reclassified from other comprehensive income to interest income or expense (Effective portion) Amount of gain (loss) recognized in other non interest income (Ineffective portion) For the year ended December 31, 2015 Interest rate swaps designated as cash flow hedges $ (507 ) $ 437 $ — For the year ended December 31, 2014 Interest rate swaps designated as cash flow hedges $ (259 ) $ 37 $ — At December 31, 2015 , the Company expected $487 thousand of the unrealized loss to be reclassified as an increase to interest expense during the year ended December 31, 2016. Methods and assumptions used by the Company in estimating the fair value of its forward contracts, interest rate lock commitments, customer-initiated derivatives and interest rate swaps are discussed in Note 3, "Fair Value". Balance Sheet Offsetting Certain financial instruments, including derivatives (interest rate swaps designated as cash flow hedges and customer-initiated derivatives), may be eligible for offset in the Consolidated Balance Sheet and/or subject to master netting arrangements or similar agreements. The Company is party to master netting arrangements with its financial institution counterparties; however, the Company does not offset assets and liabilities under these arrangements for financial statement presentation purposes. The tables below present information about the Company's financial instruments that are eligible for offset. Gross amounts not offset in the statement of financial position (Dollars in thousands) Gross amounts recognized Gross amounts offset in the statement of financial condition Net amounts presented in the statement of financial position Financial instruments Collateral (received)/posted Net Amount December 31, 2015 Offsetting derivative assets Derivative assets $ 4,248 $ — $ 4,248 $ (4,248 ) $ 5,887 $ 5,887 Offsetting derivative liabilities Derivative liabilities 4,541 — 4,541 (4,248 ) 293 — December 31, 2014 Offsetting derivative assets Derivative assets $ 1,588 $ — $ 1,588 $ (1,588 ) $ 1,689 $ 1,689 Offsetting derivative liabilities Derivative liabilities 1,699 — 1,699 (1,588 ) 111 —

COMMITMENTS, CONTINGENCIES AND

COMMITMENTS, CONTINGENCIES AND GUARANTEES	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS, CONTINGENCIES AND GUARANTEES	COMMITMENTS, CONTINGENCIES AND GUARANTEES Commitments In the normal course of business, the Company offers a variety of financial instruments with off-balance sheet risk to meet the financing needs of its customers. These financial instruments include outstanding commitments to extend credit, credit lines, commercial letters of credit and standby letters of credit. The Company's exposure to credit loss, in the event of nonperformance by the counterparty to the financial instrument, is represented by the contractual amounts of those instruments. The credit policies used in making commitments and conditional obligations are the same as those used for on-balance sheet instruments. Commitments to extend credit are agreements to lend to a customer provided there is no violation of any condition established in the commitment. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many commitments expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer's creditworthiness on an individual basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management's credit evaluation of the counterparty. The collateral held varies, but may include securities, real estate, inventory, plant, or equipment. Unfunded commitments under commercial lines of credit, revolving credit lines and overdraft protection agreements are included in commitments to extend credit. These lines of credit are generally uncollateralized, usually do not contain a specified maturity date and may be drawn upon only to the total extent to which the Company is committed. Letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. The Company's portfolio of standby letters of credit consists primarily of performance assurances made on behalf of customers who have a contractual commitment to produce or deliver goods or services. The risk to the Company arises from its obligation to make payment in the event of the customers' contractual default to produce the contracted good or service to a third party. The allowance for credit losses on lending-related commitments included $622 thousand and $539 thousand at December 31, 2015 and 2014 , respectively, for probable credit losses inherent in the Company's unused commitments and was recorded in "Other liabilities" in the Consolidated Balance Sheets. A summary of the contractual amounts of the Company's exposure to off-balance sheet risk is as follows: December 31, 2015 December 31, 2014 (Dollars in thousands) Fixed Rate Variable Rate Total Fixed Rate Variable Rate Total Commitments to extend credit $ 658,268 $ 489,102 $ 1,147,370 $ 502,762 $ 463,362 $ 966,124 Standby letters of credit 61,300 4,801 66,101 69,305 4,197 73,502 Total commitments $ 719,568 $ 493,903 $ 1,213,471 $ 572,067 $ 467,559 $ 1,039,626 Commitments are generally made for a period of 60 days or less for residential mortgage loans and 90 days or less for commercial loans. The fixed rate loan commitments have interest rates ranging from 1.64% to 21.00% and maturities ranging from 1 month to 41 years . Contingencies and Guarantees The Company has originated and sold certain loans for which the buyer has limited recourse to us in the event the loans do not perform as specified in the agreements. These loans had an outstanding balance of $25.2 million and $39.8 million at December 31, 2015 and 2014 , respectively. The maximum potential amount of undiscounted future payments that we could be required to make in the event of nonperformance by the borrower totaled $19.4 million and $31.6 million , at December 31, 2015 and 2014 , respectively. In the event of nonperformance, we have rights to the underlying collateral securing the loans. As of December 31, 2015 and 2014 , we had recorded a liability of $125 thousand and $355 thousand , respectively, in connection with the recourse agreements, recorded in "Other liabilities" in the Consolidated Balance Sheets. We issue standby letters of credit for commercial customers to third parties to guarantee the performance of those customers to the third parties. If the customer fails to perform, we perform in their place and record the funds advanced as an interest-bearing loan. These letters of credit are underwritten using the same policies and criteria applied to commercial loans. Therefore, they represent the same risk to us as a loan to that commercial loan customer. At December 31, 2015 and 2014 , our standby letters of credit totaled $66.1 million and $73.5 million , respectively. Representations and Warranties In connection with our mortgage banking loan sales, we make certain representations and warranties that the loans meet certain criteria, such as collateral type and underwriting standards. We may be required to repurchase individual loans and/or indemnify the purchaser against losses if the loan fails to meet established criteria. The following table represents the activity related to our liability recorded in connection with these representations and warranties. For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Reserve balance at beginning of period $ 4,000 $ 4,450 $ 452 Addition of fair value of representations and warranties due to acquisition — 500 8,073 Provision (benefit) (543 ) 958 2,264 Charge-offs (2,157 ) (1,908 ) (6,339 ) Ending reserve balance $ 1,300 $ 4,000 $ 4,450 Reserve balance: Liability for specific claims 380 2,431 3,278 General allowance 920 1,569 1,172 Total reserve balance $ 1,300 $ 4,000 $ 4,450 Legal Proceedings The Company and certain of its subsidiaries are subject to various pending or threatened legal proceedings arising out of the normal course of business. The Company assesses its liabilities and contingencies in connection with outstanding legal proceedings utilizing the latest information available. Where it is probable that the Company will incur a loss and the amount of the loss can be reasonably estimated, the Company records a liability in its consolidated financial statements. While the ultimate liability with respect to these litigation matters and claims cannot be determined at this time, in the opinion of management, any liabilities arising from pending legal proceedings would not have a material adverse effect on the Company's financial statements.

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
DEPOSITS	DEPOSITS Time deposits, including certificates of deposit, Certificate of Deposit Account Registry Service deposits ("CDARS") and certain individual retirement account deposits, of $250 thousand or more totaled $706.7 million and $386.7 million at December 31, 2015 and 2014 , respectively. At December 31, 2015 , the scheduled maturities of time deposits, which includes $61.2 million of time deposits included within "Other brokered funds", for the next five years were as follows: (Dollars in thousands) 2016 $ 1,361,085 2017 181,766 2018 42,368 2019 33,722 2020 45,169 Thereafter 6,993 Total $ 1,671,103

SHORT-TERM BORROWINGS AND LONG-

SHORT-TERM BORROWINGS AND LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
SHORT-TERM BORROWINGS AND LONG-TERM DEBT	SHORT-TERM BORROWINGS AND LONG-TERM DEBT The following table presents the components of the Company's short-term borrowings and long-term debt. December 31, 2015 2014 (Dollars in thousands) Amount Weighted Average Rate(1) Amount Weighted Average Rate(1) Short-term borrowings: Securities sold under agreements to repurchase: 0.05% - 0.10% $ 18,998 0.10 % $ 25,743 0.10 % FHLB advances: 0.42% - 0.70% fixed-rate notes 300,000 0.58 100,000 0.29 FHLB advances: 0.43% variable-rate notes — — 10,000 0.43 Holding company line of credit: floating-rate based on one-month 30,000 2.18 — — Total short-term borrowings 348,998 0.69 135,743 0.26 Long-term debt: FHLB advances: 0.34% - 7.44% fixed-rate notes due 393,851 1.34 286,804 1.57 Securities sold under agreements to repurchase: 4.11% - 4.30% 54,800 4.19 56,444 4.19 Subordinated notes related to trust preferred securities: 10,865 2.65 10,724 2.48 Subordinated notes related to trust preferred securities: floating-rate based on three-month LIBOR plus 3.25% due in 2032(5) 4,541 3.58 — — Total long-term debt 464,057 1.73 353,972 2.02 Total short-term borrowings and long-term debt: $ 813,055 1.28 % $ 489,715 1.53 % _______________________________________________________________________________ (1) Weighted average rate presented is the contractual rate which excludes premiums and discounts related to purchase accounting. (2) The December 31, 2015 balance includes advances payable of $389.6 million and purchase accounting premiums of $4.3 million . The December 31, 2014 balance includes advances payable of $280.1 million and purchase accounting premiums of $6.7 million . (3) The December 31, 2015 balance includes securities sold under agreements to repurchase of $50.0 million and purchase accounting premiums of $4.8 million . The December 31, 2014 balance includes securities sold under agreements to repurchase of $50.0 million and purchase accounting premiums of $6.4 million . (4) The December 31, 2015 balance includes subordinated notes related to trust preferred securities of $15.0 million and purchase accounting discounts of $4.1 million . The December 31, 2014 balance includes subordinated notes related to trust preferred securities of $15.0 million and purchase accounting discounts of $4.3 million . (5) The December 31, 2015 balance includes subordinated notes related to trust preferred securities of $5.0 million and purchase accounting discounts of $459 thousand . Selected financial information pertaining to the components of our short-term borrowings is as follows: For the years ended (Dollars in thousands) December 31, 2015 December 31, 2014 December 31, 2013 Securities sold under agreement to repurchase: Average daily balance $ 21,269 $ 90,923 $ 38,205 Average interest rate during the period 0.10 % 0.12 % 0.24 % Maximum month-end balance $ 26,703 $ 166,925 $ 42,864 FHLB advances: Average daily balance $ 76,602 $ 53,980 $ 10,729 Average interest rate during the period 0.43 % 0.66 % 0.09 % Maximum month-end balance $ 300,000 $ 110,000 $ 135,000 Federal funds purchased: Average daily balance $ 345 $ 1,282 N/A(1) Average interest rate during the period 0.31 % 0.29 % N/A(1) Maximum month-end balance $ 126,000 $ — N/A(1) FHLB overnight repurchase agreements: Average daily balance $ — $ 2,204 N/A(1) Average interest rate during the period — % 0.10 % N/A(1) Maximum month-end balance $ — $ — N/A(1) Holding company line of credit: Average daily balance $ 23,192 $ 5,562 $ 479 Average interest rate during the period 3.14 % 3.17 % 3.17 % Maximum month-end balance $ 30,000 $ 35,000 $ 35,000 _______________________________________________________________________________ (1) For the year ended December 31, 2013, we did not have any activity in the Federal funds purchased and FHLB overnight repurchase agreements. Securities sold under agreements to repurchase represent funds deposited with the banks by retail customers (short-term borrowings), of which up to $250 thousand is covered by FDIC insurance for each depositor. Securities sold under agreements to repurchase are typically delivered to the counterparty when they are wholesale borrowings with brokerage firms (long-term debt). At maturity, the securities underlying the agreements are returned to the banks. Securities sold under agreements to repurchase are additionally collateralized by residential mortgage-backed securities issued and/or guaranteed by U.S. government agencies or U.S. government sponsored enterprises with a carrying value of $81.2 million at December 31, 2015 which are not covered by FDIC insurance. The Company's securities sold under agreements to repurchase do not qualify as sales for accounting purposes. The remaining contractual maturity, excluding purchase accounting adjustments, of securities sold under agreement to repurchase, both long-term and short-term, is as follows: December 31, 2015 Remaining Contractual Maturities of the Agreements (Dollars in thousands) Overnight and continuous Up to 30 Days 30-90 Days Greater than 90 Days Total Securities sold under agreements to repurchase $ 18,998 $ — $ — $ 50,000 $ 68,998 Total borrowings $ 18,998 $ — $ — $ 50,000 $ 68,998 Amounts related to securities sold under agreements to repurchase not included in offsetting disclosure in Footnote 12 $ 68,998 Talmer Bank is a member of the FHLB, which provides short- and long-term funding collateralized by mortgage-related assets to its members. Each advance is payable at its maturity date, with a prepayment penalty for fixed-rate advances. At December 31, 2015 , FHLB advances were collateralized by $1.8 billion of commercial and mortgage loans, with $1.2 billion in the form of a blanket lien arrangement and $604.1 million under specific lien arrangements. Based on this collateral, the Company is eligible to borrow up to an additional $463.6 million at December 31, 2015 ; however, due to Board resolutions, this amount is limited to an additional $364.3 million . During the year ended December 31, 2015 the Company drew $30.0 million on a line of credit in order to facilitate the repurchase of 2.5 million warrants to purchase shares of the Company's Class A common stock at an aggregate price of $19.9 million and $10.0 million for working capital on our existing line of credit. At December 31, 2015 , the contractual principal payments due and the amortization/accretion of purchase accounting adjustments for the remaining maturities of long-term debt over the next five years and thereafter are as follows: (Dollars in thousands) Long-term Debt by Maturity Years Ending December 31, 2016 $ 352,066 2017 12,982 2018 61,522 2019 506 2020 506 Thereafter 36,475 Total $ 464,057

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The current and deferred components of the provision for income taxes were as follows: For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Current income tax expense (benefit) Federal $ 2,786 $ 22,467 $ (3,875 ) State (234 ) 623 319 Total current income tax expense (benefit) 2,552 23,090 (3,556 ) Deferred income tax expense (benefit) Federal 17,670 (6,271 ) 13,037 State 1,352 1,013 (390 ) Total deferred income tax expense (benefit) 19,022 (5,258 ) 12,647 Change in valuation allowance 2,292 (10,127 ) (14,426 ) Income tax provision (benefit) $ 23,866 $ 7,705 $ (5,335 ) A reconciliation of expected income tax expense (benefit) at the federal statutory rate to the Company's provision for income taxes and effective tax rate follows. For the years ended December 31, 2015 2014 2013 (Dollars in thousands) Amount Rate Amount Rate Amount Rate Tax based on federal statutory rate $ 29,398 35.0 % $ 34,494 35.0 % $ 32,628 35.0 % Effect of: Tax exempt income (2,736 ) (3.3 ) (2,404 ) (2.4 ) (1,705 ) (1.8 ) State taxes, net of federal benefit 729 0.9 1,226 1.2 (46 ) — Change in valuation allowance 2,292 2.7 (10,127 ) (10.3 ) (14,426 ) (15.5 ) Bargain purchase gain — — (14,692 ) (14.9 ) (25,096 ) (26.9 ) Transaction costs 32 — 226 0.2 2,748 2.9 Deferred tax benefit related to additional Talmer West Bank net operating losses (4,991 ) (5.9 ) — — — — Other, net (858 ) (1.0 ) (1,018 ) (1.0 ) 562 0.6 Income tax expense (benefit) $ 23,866 28.4 % $ 7,705 7.8 % $ (5,335 ) (5.7 )% For the year ended December 31, 2015 , the Company recognized an income tax expense of $23.9 million on $84.0 million of pre-tax income, an effective tax rate of 28.4% , compared to $7.7 million on $98.6 million of pre-tax income, an effective tax rate of 7.8% , for the year ended December 31, 2014 and an income tax benefit of $5.3 million on $93.2 million of pre-tax income, an effective tax rate of negative 5.7% , for the year ended December 31, 2013 . The effective tax rate for the year ended December 31, 2015 increased from 2014 primarily from treating the $42.0 million bargain purchase gain resulting from the acquisition of Talmer West Bank in 2014 as non-taxable, based on the tax structure of the acquisition, and a $10.1 million reduction in the valuation allowance established in 2014 against the deferred tax assets associated with First Place Bank pre-ownership change tax losses. In the second quarter of 2014, the Company, with the assistance of legal and tax accounting external experts, reached a conclusion regarding the calculation of the annual Section 382 limitation related to the ownership change of First Place Bank, which resulted in an increase of the annual Section 382 limitation from $1.7 million to $6.6 million . Based on this new information, management concluded that the $10.1 million in valuation allowance at December 31, 2013 could be reduced to zero at June 30, 2014. The negative effective rate for the year ended December 31, 2013 resulted primarily from treating the $71.7 million bargain purchase gain resulting from the acquisition of First Place Bank as non-taxable, based on the tax structure of the acquisition and by a $14.4 million reduction in valuation allowance established at acquisition date against the deferred tax assets associated with First Place Bank pre-ownership change tax losses. The $14.4 million decrease in the deferred tax asset valuation allowance during 2013 was largely due to post-acquisition date reductions in our original estimates of projected realized built-in losses on loans (i.e. bad debt deductions) occurring in the one year period following the acquisition date. The significant components of the deferred tax assets and liabilities at December 31, 2015 and December 31, 2014 were as follows: December 31, (Dollars in thousands) 2015 2014 Deferred tax assets: Allowance for loan losses $ 41,518 $ 48,078 Other real estate losses 2,001 4,410 Organizational costs 239 274 Accrued stock-based compensation 6,034 5,769 Accrued expenses 415 — Loss and tax credit carry forwards 58,121 30,120 Acquisition built in loss carryforwards 7,276 10,472 Other reserves 733 1,750 Goodwill and other intangibles 1,093 1,306 Nonaccrual interest 2,580 11,163 Business combination adjustments 55,934 80,792 Total deferred tax assets 175,944 194,134 Deferred tax liabilities: Depreciation 2,226 1,487 FHLB stock dividends 248 258 Deferred loan fees 223 471 Prepaid expenses — 48 Net unrealized gain on available-for-sale securities 1,830 2,073 Loan servicing rights 20,645 25,016 Other 151 219 Total deferred tax liabilities 25,323 29,572 Net deferred tax asset before valuation allowance 150,621 164,562 Valuation allowance (2,292 ) — Net deferred tax asset $ 148,329 $ 164,562 It is the Company's policy not to record deferred taxes on outside basis differences in our subsidiary if we expect we would liquidate a subsidiary in a tax-free manner, which is the case with our bank. On February 6, 2015, the Company acquired First of Huron Corp. and its wholly owned subsidiary, Signature Bank, and recorded $4.8 million in acquired deferred tax assets. These entities incurred an ownership change within the meaning of Section 382 of the Internal Revenue Code ("IRC"). As such, the Company’s ability to benefit from the use of First of Huron Corp.'s pre-ownership change net operating loss carry forwards will be limited. See the table below that lists the attributes acquired and the limitations of Section 382. Management determined it is more likely than not that the annual Section 382 limit will not impact the potential future utilization of net operating loss carry forwards, therefore a valuation allowance was deemed unnecessary. On January 1, 2014, the Company acquired Talmer West Bank and recorded $60.4 million in deferred tax assets at acquisition. Upon acquisition, Talmer West Bank incurred an ownership change within the meaning of Section 382 of the Internal Revenue Code. As such, the Company's ability to benefit from the use of Talmer West Bank's pre-ownership change net operating loss carry forwards, as well as the deductibility of certain of its built-in losses if realized during a five -year recognition period ( one year with respect to bad debt deductions), will be limited, putting at risk the utilization of associated deferred tax assets before they expire. No valuation allowance was established against the deferred tax assets associated with Talmer West Bank's pre-change losses based on management's estimate of the amount and timing of built-in losses more likely than not to be realized over the Section 382 recognition period, and the impact on the Company's utilization of pre-ownership change net operating loss carry forwards. In determining its estimate of built-in losses more likely than not to be realized within the Section 382 recognition period, management focused primarily on tax losses embedded in Talmer West Bank's loan portfolio and other real estate owned. To a lesser extent management focused on tax losses embedded in fixed assets, investments in partnerships and certain accrued expenses, and anticipated when these losses might create actual tax deductions, either through bad debt deductions, depreciation, amortization, payment, or disposition of the assets in question. During the year ended December 31, 2015, Capital Bancorp, Ltd.'s consolidated tax return (Talmer West Bank's former parent holding company) for the year ended December 31, 2014 was completed. The resulting impact was an allocation of net operating loss to Talmer West Bank that exceeded expectations, thereby generating an additional tax benefit of $5.0 million for net operating loss carry forwards, against which management concluded that a valuation allowance in the amount of $2.3 million was necessary based on IRC Section 382 limitations and estimated future recognized built in losses that may go unutilized. See the table below for the related loss attributes and those limited by Section 382. Finally, Talmer Bank incurred an ownership change in 2009, for which the related loss attributes and those limited by Section 382 are detailed below. The following table is a summary of the loss attributes, Section 382 limitations, and tax expiration periods as of December 31, 2015. From the Acquisition of: (Dollars in thousands) First Place Holdings/First Place Bank Talmer West Bank First of Huron Corp./Signature Bank From 2009 Ownership change Not Limited by Section 382 Total Tax Loss and Credit Carryforwards as of 12/31/15: Years Expiring (except AMT Credits) 2027-2035 2030-2035 2031-2033 2027-2029 2033-2035 Annual Section 382 limitation $ 6,650 $ 3,028 $ 365 $ 145 $ — N/A Gross Federal Net Operating Losses 24,750 65,411 1,706 3,513 13,143 108,523 Realized Built-in Losses 12,911 18,249 — — — 31,160 Less amounts not recorded due to Sec 382 Limitation — (23,104 ) — (1,338 ) — (24,442 ) Business Tax Credits 847 — — — 170 1,017 Alternative Minimum Tax Credits - no expiration 1,910 — 303 — 21,667 23,880 Valuation Allowance — (2,292 ) — — — (2,292 ) Management also concluded that no valuation allowance was necessary on the remainder of the Company's net deferred tax assets at either December 31, 2015 or December 31, 2014. This determination was based on the Company's history of pre-tax and financial taxable income over the prior three years, as well as management's expectations for sustainable profitability in the future. Management monitors deferred tax assets quarterly for changes affecting realizability and the valuation allowance could be adjusted in future periods. Actual outcomes could vary from the Company's current estimates, resulting in future increases or decreases in the valuation allowance and corresponding future tax expense or benefit. At December 31, 2015, Talmer Bank and Trust had approximately $36.0 million of bad debt reserve in equity for which no provision for federal income taxes was recorded. This amount represents First Place Bank's qualifying thrift bad debt reserve at December 31, 1987, which is only required to be recaptured into taxable income if certain events occur. At December 31, 2015, the potential tax on the above amount was approximately $13.0 million . The Company does not intend to take any action that would result in a recapture of any portion of its bad debt reserve. In the ordinary course of business, the Company enters into certain transactions that have tax consequences. From time to time, the Internal Revenue Service ("IRS") and state taxing authorities may review and/or challenge specific interpretive tax positions taken by the Company with respect to those transactions. The Company believes that its tax returns, as well as First Place Bank, Talmer West Bank, First of Huron Corp. and Signature Bank's tax returns for open periods prior to the acquisitions, were filed based upon applicable statutes, regulations and case law in effect at the time of the transactions. The IRS, various state and other jurisdictions, if presented with the transactions, could disagree with the Company's interpretation of the tax law. First Place Bank had received notice in 2013 that the IRS had denied refund claims in amended tax returns filed by First Place Bank on a consolidated basis with its former parent company, First Place Financial Corp., for fiscal years ended June 30, 2009, 2008, 2007, 2006 and 2005. The Company disagreed with the IRS position and, in January 2016, a settlement was finalized. Talmer Bank and Trust, as successor to First Place Bank, was granted court approval to act as substitute agent for First Place Financial Corp.’s consolidated group for the purposes of amending various returns, which ultimately impacts the tax filings of the Bank. The benefit expected to the Bank as a result of the amended filings is approximately $4.2 million that will be recorded in the first quarter of 2016 as an offset to the quarterly income tax expense. In the second quarter of 2014, the IRS commenced an examination of the consolidated federal tax returns of First Place Bank's former parent for the fiscal years ended June 30, 2013, 2012, 2011, which included First Place Bank through January 1, 2013. The results of this examination concluded with no changes. First Place Bank's federal tax return for the fiscal year ended June 30, 2010 is currently subject to potential examination as well. There are several years of returns that are still open to examination by various taxing authorities for Talmer West Bank. The Company's federal tax return for the years ended December 31, 2012 to present are open to potential examination. The Company's most significant states of operation, Michigan and Ohio, do not impose income-based taxes on financial institutions. The Company and/or its subsidiaries are subject to minor amounts of income tax in various other states, with varying years open to potential examination. The Company is not aware of any pending income tax examinations by any state jurisdiction. The Company had no unrecognized tax benefits at December 31, 2015 or 2014 and does not expect to record unrecognized tax benefits of any significance during the next twelve months. The Company recognizes interest and/or penalties related to income tax matters in income tax expense, when applicable. There are no liabilities accrued for interest or penalties at December 31, 2015 or 2014.

STOCK-BASED COMPENSATION AND ST

STOCK-BASED COMPENSATION AND STOCK WARRANTS	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation and Stock Warrants	STOCK-BASED COMPENSATION AND STOCK WARRANTS The Company's 2009 Equity Incentive Plan (the "Plan"), along with amendments made to the Plan, limits the number of shares issued or issuable to employees, directors and certain consultants at 9.8 million shares of common stock. As of December 31, 2015 , 1.3 million shares were available to be awarded under the Plan. Stock Options Options are granted with an exercise price equal to or greater than the fair market price of the Company's Class A common stock at the date of grant. The vesting and terms of option awards are determined by the Company's Compensation Committee of the Board of Directors. For the year ended December 31, 2015 , there were no stock options granted. During the year ended December 31, 2014 , the Company granted 35 thousand stock options that were fully vested upon issuance and will remain outstanding for 10 years after the grant date, unless exercised. The fair value of each option award is estimated on the date of grant using a Black-Scholes option valuation model that uses the assumptions noted in the table below. Given the relatively short history of Company stock being publicly traded during the year ended December 31, 2014 , following our public offering in February 2014, it was not practicable for the Company to estimate volatility of its share price. For the year ended December 31, 2014, the Company used the average volatility of comparable public bank holding companies as an input to the valuation model. Since limited historical data was available, the expected term of options granted was estimated to be six years for the year ended December 31, 2014 based on expected lives used by a sample of other Midwest banks. The risk-free interest rate was based on the U.S. Treasury yield curve in effect at the time of the grant corresponding with the expected life of the options. The expected dividend yield was based on historical and projected dividend patterns of the Company's common shares. At the time the shares were granted in 2014, dividends were not projected. All stock options granted have fully vested and the Company intends to issue already authorized shares to satisfy options upon exercise. The fair value of options granted during the years ended December 31, 2014 and 2013 were determined using the following weighted-average assumptions as of the grant date. There were no options granted during the year ended December 31, 2015. For the years ended December 31, 2014 2013 Fair value of options granted $ 4.77 $ 2.13 Expected dividend yield — % — % Expected volatility 30.02 % 24.37 % Risk-free interest rate 1.98 % 0.97 % Expected life (in years) 6.00 6.00 Activity in the Plan during the year ended December 31, 2015 is summarized below: Weighted Average Number of shares (in thousands) Exercise price per Share Remaining contractual life (in years) Aggregate intrinsic value (in thousands) Outstanding at January 1, 2015 7,958 $ 6.96 Exercised(1) (723 ) 6.85 Outstanding at December 31, 2015 7,235 6.97 5.71 $ 80,603 Options fully vested 7,235 6.97 5.71 80,603 Exercisable at December 31, 2015 7,235 6.97 5.71 80,603 __________________________________________________ (1) Options exercised during the year ended December 31, 2015 had a weighted average fair value of $15.89 , at respective exercise dates. The total intrinsic value of stock options exercised was $6.5 million , $4.0 million and $14 thousand for the years ended December 31, 2015 , 2014 and 2013 , respectively. Total cash received from option exercises during the years ended December 31, 2015 , 2014 and 2013 was $210 thousand , $143 thousand and $41 thousand , respectively, resulting in the issuance of 35 thousand shares, 25 thousand shares and 5 thousand shares, respectively. During the years ended December 31, 2015 , 2014 and 2013 , there were 258 thousand shares, 191 thousand shares and 5 thousand shares issued, respectively, under the net-settlement option. The tax benefit realized from option exercises during the years ended December 31, 2015 , 2014 and 2013 was $1.8 million , $1.1 million and $2 thousand , respectively. All of the Company's stock options were fully vested prior to January 1, 2015 and there was no unrecognized compensation cost related to nonvested stock options granted under the Plan. Total compensation expense for stock options, included in "Salary and employee benefits" in the Consolidated Statements of Income, was $460 thousand and $9.6 million for the years ended December 31, 2014 and 2013 , respectively. Restricted Stock Awards Under the Plan, the Company can grant restricted stock awards that vest upon completion of future service requirements or specified performance criteria. The fair value of these awards is equal to the market price of the common stock at the date of grant. The Company recognizes stock-based compensation expense for these awards over the vesting period, using the straight-line method, based upon the number of shares of restricted stock ultimately expected to vest. Restricted stock awards granted vest in their entirety following a five -year service period for employees and over a one -year service period for directors. Restricted stock awards granted to directors during the year ended December 31, 2015 additionally contain performance-based vesting conditions. Forfeitures are estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. If an individual awarded restricted stock awards terminates employment prior to the end of the vesting period, the unvested portion of the stock award is forfeited. The following table provides information regarding nonvested restricted stock awards: Nonvested Restricted Stock Awards Shares (in thousands) Weighted-average grant-date fair value Nonvested at January 1, 2015 378 $ 14.44 Granted 405 $ 15.16 Vested (19 ) $ 14.44 Forfeited (38 ) $ 14.88 Nonvested at December 31, 2015 726 $ 14.82 Total expense for restricted stock awards totaled $1.8 million for the year ended December 31, 2015 , of which $1.5 million was included in "Salary and employee benefits" related to employees and $266 thousand was included in "Professional fees" related to directors in the Consolidated Statements of Income. For the year ended December 31, 2014 , total expense for restricted stock awards totaled $672 thousand , of which $504 thousand was included in "Salary and employee benefits" related to employees and $168 thousand was included in "Professional fees" related to directors in the Consolidated Statements of Income. There were no restricted stock awards outstanding prior to June 2014. As of December 31, 2015 , the total compensation costs related to nonvested restricted stock that has not yet been recognized totaled $8.6 million and the weighted-average period over which these costs are expected to be recognized is 3.9 years . Stock Warrants On February 10, 2010, 38,855 Class A common stock warrants were issued to certain seed investors. These warrants have a strike price of $10.00 per share and expire August 28, 2017. These warrants have a feature that dictates that the warrants only become exercisable after an eligible capital transaction, which is either an initial public offering or a sale of the Company in which the stock of the Company is valued above certain threshold levels. These warrants were not issued concurrently with the issuance of stock and meet the definition of a derivative under ASC 815-40 "Derivatives and Hedging—Contracts in Entity's Own Equity" (ASC 815-40), however, they fall under the scope exception which states that contracts issued that are both a) indexed to its own stock; and b) classified in stockholders' equity are not considered derivatives. The warrants were recorded at their fair value on the date of grant as a component of stockholder's equity. These warrants remain outstanding at December 31, 2015 . On April 30, 2010, 390,000 Class B non-voting common stock warrants were issued to the FDIC. These warrants had a strike price of $6.00 and a 10 year term. These warrants had a feature that allowed settlement in cash and were issued as consideration paid to the FDIC for the purchase of assets of CF Bancorp. These warrants met the definition of a liability due to the cash settlement feature and are recorded as such in the Consolidated Balance Sheets. The purchase accounting adjustments related to the CF Bancorp acquisition included an estimated present value of the potential cash settlement that may be paid to the FDIC of $2.9 million which was recorded in "FDIC warrants payable" in the Consolidated Balance Sheets. At each subsequent reporting period, the Company determined the potential cash settlement amount for these warrants and, to the extent that the present value of the potential cash settlement amount is greater than the initial contingent purchase accounting adjustment, the Company would accrue additional expense to fully reflect the present value of the potential cash settlement amount. For the years ended December 31, 2015 , 2014 and 2013 , $278 thousand , $274 thousand and $219 thousand , respectively, was recognized as periodic amortization expense. For the years ended December 31, 2015 , 2014 and 2013 , $(325) thousand , $241 thousand and $163 thousand were recognized as additional expense (benefit) due to the change in potential cash settlement amount. On December 28, 2015, the Company and FDIC entered into a warrant termination agreement. Under the terms of the warrant termination agreement, the Company made a payment of $4.5 million to the FDIC as consideration for terminating the warrants. On February 17, 2015, we repurchased an aggregate of 2,529,416 warrants to repurchase shares of our Class A common stock from investment vehicles associated with an investor. The purchase price was based upon the fair value of the warrants on February 17, 2015, determined utilizing the closing price of our stock on the date of repurchase, and resulted in an aggregate purchase price of $19.9 million . The warrants repurchased included 1,623,162 common stock warrants issued on April 30, 2010 with a strike price of $6.00 per share, 109,122 common stock warrants issued on February 21, 2012 with a strike price of $8.00 per share and 797,132 common stock warrants issued on December 27, 2012 with a strike price of $8.00 per share.

TRANSACTIONS WITH RELATED PARTI

TRANSACTIONS WITH RELATED PARTIES	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
TRANSACTIONS WITH RELATED PARTIES	TRANSACTIONS WITH RELATED PARTIES Loans to executive officers, directors, principal shareholders and their related interests in 2015 and 2014 were as follows: For the years ended December 31, (Dollars in thousands) 2015 2014 Beginning balance $ 7,288 $ 6,965 Additional financing 186 739 Repayments (1,938 ) (416 ) Impact of changes in related parties (5,318 ) — Ending balance $ 218 $ 7,288 Deposits from executive officers, directors, principal shareholders and their related interests were approximately $5.6 million and $9.5 million at December 31, 2015 and 2014 , respectively.

REGULATORY CAPITAL MATTERS

REGULATORY CAPITAL MATTERS	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
REGULATORY CAPITAL MATTERS	REGULATORY CAPITAL MATTERS Banks and bank holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations, involve quantitative measures of assets, liabilities, and certain off-balance sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can initiate regulatory action. Management believes as of December 31, 2015 , the Company and Talmer Bank met all capital adequacy requirements to which they are subject. Prompt corrective action regulations provide five classifications: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized, although these terms are not used to represent overall financial condition. If adequately capitalized, regulatory approval is required to accept brokered deposits. If undercapitalized, capital distributions are limited, as is asset growth and expansion, and capital restoration plans are required. Effective January 1, 2015, the Company adopted the new Basel III regulatory capital framework as approved by federal banking agencies, which is subject to a multi-year phase-in period. The adoption of this new framework modified the calculation of the various capital ratios, added a new ratio, common equity tier 1, and revised the adequately and well capitalized thresholds. In addition, Basel III establishes a new capital conservation buffer of 2.5% of risk-weighted assets, which is phased-in over a four -year period beginning January 1, 2015. We have elected to opt-out of including capital in accumulated other comprehensive income in common equity tier I capital. At December 31, 2015 and 2014 , the most recent regulatory notifications categorized Talmer Bank and Trust as well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the institution's category. Consent Order On April 5, 2010, Michigan Commerce Bank consented to the issuance of the Consent Order by the FDIC and the Michigan Department of Insurance and Financial Services. The Consent Order was terminated following the merger of Talmer West Bank with and into Talmer Bank and Trust on August 21, 2015. The following is a summary of actual and required capital amounts and ratios: Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio December 31, 2015 (Basel III Transitional) Total capital to risk-weighted assets Talmer Bancorp, Inc. (Consolidated) $ 718,666 13.0 % $ 442,170 8.0 % N/A N/A Talmer Bank and Trust 740,338 13.5 439,255 8.0 $ 549,068 10.0 % Common equity tier 1 capital Talmer Bancorp, Inc. (Consolidated) 662,668 12.0 248,721 4.5 N/A N/A Talmer Bank and Trust 684,340 12.5 247,081 4.5 356,894 6.5 Tier 1 capital to risk-weighted assets Talmer Bancorp, Inc. (Consolidated) 662,668 12.0 331,628 6.0 N/A N/A Talmer Bank and Trust 684,340 12.5 329,441 6.0 439,255 8.0 Tier 1 leverage ratio Talmer Bancorp, Inc. (Consolidated) 662,668 10.2 259,694 4.0 N/A N/A Talmer Bank and Trust 684,340 10.5 259,784 4.0 324,730 5.0 December 31, 2014 (Basel I) Total capital to risk-weighted assets Talmer Bancorp, Inc. (Consolidated) $ 720,552 16.4 % $ 350,645 8.0 % N/A N/A Talmer Bank and Trust 627,851 16.3 308,374 8.0 $ 385,468 10.0 % Talmer West Bank(1) 101,926 19.6 41,628 8.0 N/A N/A Tier 1 capital to risk-weighted assets Talmer Bancorp, Inc. (Consolidated) 666,035 15.2 175,323 4.0 N/A N/A Talmer Bank and Trust 579,604 15.0 154,187 4.0 231,281 6.0 Talmer West Bank(1) 95,656 18.4 20,814 4.0 N/A N/A Tier 1 leverage ratio Talmer Bancorp, Inc. (Consolidated) 666,035 11.6 230,546 4.0 N/A N/A Talmer Bank and Trust 579,604 11.6 200,128 4.0 250,160 5.0 Talmer West Bank(1) 95,656 12.4 30,786 4.0 N/A N/A ______________________________________________ (1) Notwithstanding its capital levels, Talmer West Bank was not categorized as well capitalized while it was subject to the Consent Order. On August 21, 2015, Talmer West Bank was merged with and into Talmer Bank and Trust. The Company's principal source of funds for dividend payments is dividends received from its subsidiary bank. Banking regulations limit the amount of dividends that may be paid without prior approval of regulatory agencies. Talmer Bank and Trust cannot declare or pay a cash dividend or dividend in kind unless Talmer Bank and Trust will have a surplus amounting to not less than 20% of its capital after payment of the dividend. In addition, Talmer Bank and Trust may pay dividends only out of net income then on hand, after deducting its losses and bad debts. These limitations can affect Talmer Bank and Trust's ability to pay dividends. During the years ended December 31, 2015 and 2014 , dividends of $95.0 million and $25.0 million , respectively, were paid to the Company by a subsidiary bank. On January 25, 2016, a cash dividend on the Company's Class A common stock of $0.05 per share was declared. The dividend will be paid on February 18, 2016, to the Company's Class A common shareholders of record as of February 4, 2016.

PARENT COMPANY FINANCIAL STATEM

PARENT COMPANY FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
PARENT COMPANY FINANCIAL STATEMENTS	PARENT COMPANY FINANCIAL STATEMENTS Balance Sheets—Parent Company December 31, (Dollars in thousands) 2015 2014 Assets Cash and cash equivalents $ 12,581 $ 9,497 Investment in banking subsidiaries 750,713 756,452 Income tax benefit 8,504 7,975 Other assets 994 655 Total assets $ 772,792 $ 774,579 Liabilities Short-term borrowings $ 30,000 $ — Long-term debt 15,406 10,724 Accrued expenses and other liabilities 2,171 2,248 Total liabilities 47,577 12,972 Shareholders' equity 725,215 761,607 Total liabilities and shareholders' equity $ 772,792 $ 774,579 Statements of Income and Comprehensive Income—Parent Company For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Income Dividend income from subsidiary $ 95,000 $ 25,000 $ 88,000 Bargain purchase gain — 41,977 71,702 Other noninterest income 48 11 481 Total income 95,048 66,988 160,183 Expenses Salaries and employee benefits 5,894 8,268 19,624 Bank acquisition and due diligence fees 1,568 2,547 8,619 Professional service fees 1,858 1,996 1,163 Insurance expense 316 718 136 Marketing expense 158 245 1,039 Interest on short-term borrowings 739 151 — Interest on long-term debt 716 508 551 Other 300 282 265 Total expenses 11,549 14,715 31,397 Income before income taxes and equity in undistributed net earnings of subsidiaries 83,499 52,273 128,786 Income tax benefit 3,946 4,945 8,568 Equity in (over)/under distributed earnings of subsidiaries (27,316 ) 33,632 (38,796 ) Net income $ 60,129 $ 90,850 $ 98,558 Total comprehensive income, net of tax $ 59,678 $ 102,696 $ 86,644 Statements of Cash Flows—Parent Company For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Cash flows from operating activities Net income $ 60,129 $ 90,850 $ 98,558 Adjustments to reconcile net income to net cash provided by operating activities: Equity in over/(under) distributed earnings of subsidiaries 27,316 (33,632 ) 38,796 Gain on acquisition — (41,977 ) (71,702 ) Stock-based compensation expense 795 516 8,392 Increase in income tax benefit (146 ) (2,571 ) (10,318 ) (Increase) decrease in other assets, net (145 ) 1,128 8,777 Increase (decrease) in accrued expenses and other liabilities, net (2,417 ) (2,992 ) 3,018 Net cash from operating activities 85,532 11,322 75,521 Cash flows from investing activities Cash used in acquisitions (13,323 ) (6,500 ) (45,000 ) Capital contributions to subsidiaries — (99,500 ) (179,000 ) Refund of investment 2,225 — — Net cash used in investing activities (11,098 ) (106,000 ) (224,000 ) Cash flows from financing activities Issuance of common stock — 42,074 — Issuance of common stock and restricted stock awards, including tax benefit (183 ) 100 41 Repurchase of 5.1 million common shares (74,987 ) — — Repurchase of warrants to purchase 2.5 million shares, at fair value (19,892 ) — — Cash dividends paid on common stock(1) (2,788 ) (1,410 ) — Draw on senior unsecured line of credit 30,000 — 35,000 Repayment of senior unsecured line of credit — (35,000 ) — Repayment of long-term debt (3,500 ) — — Net cash from financing activities (71,350 ) 5,764 35,041 Net increase (decrease) in cash and cash equivalents 3,084 (88,914 ) (113,438 ) Beginning cash and cash equivalents 9,497 98,411 211,849 Ending cash and cash equivalents $ 12,581 $ 9,497 $ 98,411 _________________________________________ (1) $0.04 per share and $0.02 per share for the years ended December 31, 2015 and 2014 , respectively.

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
EARNINGS PER COMMON SHARE	EARNINGS PER COMMON SHARE The two-class method is used in the calculation of basic and diluted earnings per share. Under the two-class method, earnings available to common shareholders for the period are allocated between common shareholders and participating securities according to dividends declared (or accumulated) and participating rights in undistributed earnings. Common shares outstanding include common stock and vested restricted stock awards, when applicable. The factors used in the earnings per share computation follow: For the years ended December 31, (In thousands, except per share data) 2015 2014 2013 Net income $ 60,129 $ 90,850 $ 98,558 Net income allocated to participating securities 556 279 — Net income allocated to common shareholders(1) $ 59,573 $ 90,571 $ 98,558 Weighted average common shares—issued 69,287 69,817 66,230 Average unvested restricted share awards (641 ) (212 ) — Weighted average common shares outstanding—basic 68,646 69,605 66,230 Effect of dilutive securities Employee and director stock options 4,240 4,032 2,485 Warrants 445 1,513 949 Weighted average common shares outstanding—diluted 73,331 75,150 69,664 EPS available to common shareholders Basic $ 0.87 $ 1.30 $ 1.49 Diluted $ 0.81 $ 1.21 $ 1.41 ________________________________________ (1) Net income allocated to common shareholders for basic and diluted earnings per share may differ under the two-class method as a result of adding common share equivalents for options and warrants to dilutive shares outstanding, which alters the ratio used to allocate net income to common shareholders and participating securities for the purposes of calculating diluted earnings per share. For the effect of dilutive securities, the assumed average stock valuation is $16.03 per share, $13.64 per share, and $9.81 per share for the years ended December 31, 2015 , 2014 and 2013 , respectively. The following average shares related to outstanding options and warrants to purchase shares of common stock were not included in the computation of diluted net income available to common shareholders because they were antidilutive. There were no outstanding antidilutive warrants during the years ended December 31, 2015 and 2014 and no outstanding antidilutive options during the year ended December 31, 2015. For the years ended December 31, (Shares in thousands) 2014 2013 Average outstanding options 20 40 Outstanding exercise prices: Low end $ 14.44 $ 10.00 High end $ 14.44 $ 10.00 Average outstanding warrants — 39 Outstanding exercise prices: Low end $ 10.00 High end $ 10.00

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Changes in accumulated other comprehensive income (loss) by component, net of tax, were as follows: (Dollars in thousands) Unrealized gains (losses) on securities available-for-sale, net of tax Unrealized gains (losses) on cash flow hedges, net of tax Total unrealized gains (losses), net of tax For the year ended December 31, 2015 Beginning balance $ 3,995 $ (145 ) $ 3,850 Other comprehensive loss before reclassifications (342 ) (329 ) (671 ) Amounts reclassified from accumulated other comprehensive income (64 ) (1) 284 (2) 220 Net current period other comprehensive loss (406 ) (45 ) (451 ) Ending balance $ 3,589 $ (190 ) $ 3,399 For the year ended December 31, 2014 Beginning balance $ (7,996 ) $ — $ (7,996 ) Other comprehensive income (loss) before reclassifications 10,648 (168 ) 10,480 Amounts reclassified from accumulated other comprehensive income 1,343 (1) 23 (2) 1,366 Net current period other comprehensive income (loss) 11,991 (145 ) 11,846 Ending balance $ 3,995 $ (145 ) $ 3,850 For the year ended December 31, 2013 Beginning balance $ 3,918 $ — $ 3,918 Other comprehensive loss before reclassifications (11,659 ) — (11,659 ) Amounts reclassified from accumulated other comprehensive income (255 ) (1) — (255 ) Net current period other comprehensive loss (11,914 ) — (11,914 ) Ending balance $ (7,996 ) $ — $ (7,996 ) _____________________________________ (1) Amounts are included in "Net gain (loss) on sales of securities" in the Consolidated Statements of Income within total noninterest income and were $99 thousand , $(2.1) million and $392 thousand for the years ended December 31, 2015 , 2014 and 2013 . Income tax expense (benefit) associated with the reclassification adjustments for the years ended December 31, 2015 , 2014 and 2013 was $35 thousand , $(723) thousand and $137 thousand , respectively, and are included in "Income tax provision (benefit)" in the Consolidated Statements of Income. (2) Amounts are included in "Other brokered funds" in the Consolidated Statements of Income within total interest expense and were $(437) thousand and $(37) thousand for the years ended December 31, 2015 and 2014. Income tax expense (benefit) associated with the reclassification adjustment for the years ended December 31, 2015 and 2014 was $(153) thousand and $(14) thousand and were included in "Income tax provision (benefit)" in the Consolidated Statements of Income.

SUMMARY OF QUARTERLY RESULTS OF

SUMMARY OF QUARTERLY RESULTS OF OPERATIONS	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
SUMMARY OF QUARTERLY RESULTS OF OPERATIONS	SUMMARY OF QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) The following is a summary of the unaudited quarterly results of operations for the years ended December 31, 2015 , 2014 and 2013 : 2015 (Dollars in thousands, except per share data) Fourth Quarter Third Quarter Second Quarter First Quarter Interest income $ 64,302 $ 61,050 $ 54,414 $ 55,122 Interest expense 5,924 5,403 4,805 4,090 Net interest income 58,378 55,647 49,609 51,032 Provision (benefit) for loan losses (4,583 ) 700 (7,313 ) 1,993 Noninterest income 23,575 19,342 22,098 21,430 Net loss on early termination of FDIC loss share agreements and warrant 20,364 — — — Other noninterest expense 48,238 47,829 53,293 56,595 Income before income taxes 17,934 26,460 25,727 13,874 Income tax provision (benefit) 4,821 6,425 8,179 4,441 Net income $ 13,113 $ 20,035 $ 17,548 $ 9,433 Earnings per share: Basic $ 0.20 $ 0.29 $ 0.25 $ 0.13 Diluted 0.19 0.27 0.23 0.12 2014 (Dollars in thousands, except per share data) Fourth Quarter Third Quarter Second Quarter First Quarter Interest income $ 55,002 $ 55,616 $ 55,213 $ 51,192 Interest expense 3,539 3,399 2,835 2,987 Net interest income 51,463 52,217 52,378 48,205 Provision (benefit) for loan losses 2,994 1,509 (4,102 ) 3,926 Bargain purchase gain — — — 41,977 Other noninterest income 15,834 29,974 13,951 15,763 Noninterest expense 48,098 51,263 54,071 65,448 Income before income taxes 16,205 29,419 16,360 (5,406 ) Income tax provision (benefit) 3,703 9,904 (4,246 ) (1,656 ) Net income $ 12,502 $ 19,515 $ 20,606 $ (3,750 ) Earnings per share: Basic $ 0.18 $ 0.28 $ 0.29 $ 0.56 Diluted 0.16 0.26 0.27 0.52 2013 (Dollars in thousands, except per share data) Fourth Quarter Third Quarter Second Quarter First Quarter Interest income $ 41,932 $ 46,869 $ 47,076 $ 43,845 Interest expense 2,648 2,868 3,021 3,188 Net interest income 39,284 44,001 44,055 40,657 Provision (benefit) for loan losses 3,250 2,125 (2,537 ) 2,260 Bargain purchase gain — — — 71,702 Other noninterest income 23,557 17,984 36,006 31,889 Noninterest expense 53,009 53,373 59,849 84,583 Income before income taxes 6,582 6,487 22,749 57,405 Income tax provision (benefit) (5,971 ) (4,057 ) 7,743 (3,050 ) Net income $ 12,553 $ 10,544 $ 15,006 $ 60,455 Earnings per share: Basic $ 0.19 $ 0.16 $ 0.23 $ 0.91 Diluted 0.18 0.15 0.21 0.89

EMPLOYEE BENEFIT PLAN

EMPLOYEE BENEFIT PLAN	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
EMPLOYEE BENEFIT PLAN	EMPLOYEE BENEFIT PLAN In 2015 , 2014 and 2013 , the Company sponsored a defined contribution 401(k) plan covering substantially all employees and allowing employees, at their option, to contribute up to $18,000 for the year ended December 31, 2015 and $17,500 for the years ended December 31, 2014 and 2013 with an additional $6,000 for the year ended December 31, 2015 and an additional $5,500 for the years ended December 31, 2014 and 2013 if age 50 or older in each calendar year, subject to certain IRS limitations and Company service requirements. The Company matched the employee's elective contributions equal to 100 percent of base salary deferrals that do not exceed one percent of the employee's compensation plus 50 percent of salary deferrals between one percent and six percent of the employee's compensation. The Company's matching contributions vest 100 percent upon completion of two years of service. Total contributions to the 401(k) plan were $2.3 million , $2.2 million , and $2.1 million for the years ended December 31, 2015 , 2014 and 2013 , respectively. The Company's deferred compensation plan, which was adopted on June 26, 2014, covers all members of the Board of Directors and a select group of key management. Under the plan, participants may irrevocably elect to defer a percentage of their compensation otherwise payable to them until the date specified under the distribution option elected by the participant in their enrollment agreement over a period not to exceed 15 years . In accordance with the deferred compensation plan, distributions will be made to the participant or their beneficiary. A liability is accrued for the obligation under these plans. During the year ended December 31, 2015 , we recorded income of $32 thousand related to the deferred compensation plan, and had $2.0 million of deferred compensation liability as of December 31, 2015 . During the year ended December 31, 2014, we recorded income of $4 thousand related to the deferred compensation plan and had $587 thousand of deferred compensation liability as of December 31, 2014.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Event	SUBSEQUENT EVENT On January 25, 2016, Talmer and Chemical Financial Corporation (“Chemical”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) providing for the merger of Talmer with and into Chemical. The Merger Agreement has been unanimously approved by the boards of directors of Talmer and Chemical. Under the terms of the Merger Agreement, Chemical will acquire all of the outstanding shares of Talmer common stock for common stock and cash in a transaction valued at approximately $1.1 billion , or $15.64 per share, based on the closing price of Chemical of $29.70 per share as of January 25, 2016. Talmer shareholders will receive 0.4725 shares of Chemical common stock and $1.61 per share in cash. Subject to receipt of regulatory approvals and satisfaction of other customary closing conditions, including approval of both Chemical and Talmer shareholders, the transaction is anticipated to close in the second half of 2016.

SUMMARY OF SIGNIFICANT ACCOUN35

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Nature of Operations and Principles of Consolidation	Nature of Operations and Principles of Consolidation : The consolidated financial statements include Talmer Bancorp, Inc., (the "Company"), a registered bank holding company, and the accounts and operations of its wholly owned subsidiary bank, Talmer Bank and Trust, ("Talmer Bank" or the "Bank"). Intercompany transactions and balances are eliminated in consolidation. The Company provides financial services through 80 offices as of December 31, 2015 , located in Midwest markets in Southeastern Michigan, smaller communities in Northeastern Michigan, Northeastern and Eastern Ohio and Chicago, Illinois and additionally operates one branch in Las Vegas, Nevada. The Company is a full service community bank offering a full suite of commercial and retail banking, mortgage banking, wealth management and trust services to small and medium-sized businesses and individuals within its geographic footprint. Our product line includes loans to small and medium-sized businesses, residential mortgage loans, commercial real estate loans, residential and commercial construction and development loans, consumer loans, home equity loans, agricultural loans, and a variety of commercial and consumer demand, savings and time deposit products. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate. Commercial loans are expected to be repaid from cash flow from operations of businesses. There are no significant concentrations of loans to any one industry or customer. However, the customers' ability to repay their loans is dependent on the real estate and general economic conditions in the area. The Company also engages in mortgage banking activities and, as such, acquires, sells, and services one-to-four family residential mortgage loans and construction loans.
Subsequent Events	Subsequent Event : For information about the Company's subsequent planned merger with Chemical Financial Corporation refer to Note 25, Subsequent Events.
Use of Estimates	Use of Estimates : To prepare financial statements in conformity with U.S. generally accepted accounting principles ("GAAP"), management is required to make estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ.
Cash Flows	Cash Flows : Cash and cash equivalents include cash, deposits with other financial institutions with maturities fewer than 90 days, and federal funds sold. Net cash flows are reported for customer loan and deposit transactions, interest bearing deposits in other financial institutions, and federal funds purchased and repurchase agreements.
Interest-Bearing Deposits with Other Banks	Interest-Bearing Deposits with Other Banks : Interest-bearing deposits in other financial institutions mature within one year and are carried at cost.
Investment Securities	Investment Securities : Debt securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them to maturity. Securities that are not held for trading purposes are accounted for as securities available-for-sale and are recorded at fair value, with the unrealized gains and losses, net of income taxes, reported as a separate component of accumulated other comprehensive income (loss) in shareholders' equity. Interest income includes amortization of purchase premium or accretion of purchase discount. Premiums and discounts on securities are amortized on the level-yield method without anticipating prepayments, except for mortgage-backed securities where prepayments are anticipated. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Management evaluates securities for other-than-temporary impairment ("OTTI") on at least a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. For debt securities in an unrealized loss position, management assesses whether it intends to sell, or if it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the income statement and 2) OTTI related to other factors, which is recognized in other comprehensive income (loss). The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis.
Federal Home Loan Bank ("FHLB") Stock	Federal Home Loan Bank ("FHLB") Stock : Talmer Bank and Trust is a member of the FHLB of Indianapolis. Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on the ultimate recovery of par value. Both cash and stock dividends are reported as income.
Loans Held for Sale	Loans Held for Sale : Mortgage and construction loans intended for sale in the secondary market are carried at fair value based on the Company's election of the fair value option. The fair value includes the servicing value of the loans as well as any accrued interest. These loans are sold both with servicing rights retained and with servicing rights released. Under current business practice, the majority of loans sold are sold with servicing rights retained.
Loans	Loans : Purchased Loans : Purchased loans are recorded at fair value at the date of acquisition based on a discounted cash flow methodology that considered various factors including the type of loan and related collateral, classification status, fixed or variable interest rate, term of loan and whether or not the loan was amortizing, and a discount rate reflecting the Company's assessment of risk inherent in the cash flow estimates. Larger purchased loans are individually evaluated while smaller purchased loans are grouped together according to similar characteristics and were treated in the aggregate when applying various valuation techniques. These cash flow evaluations are inherently subjective as they require material estimates, all of which may be susceptible to significant change. The Company accounts for purchased credit impaired loans in accordance with the provisions of Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Subtopic 310-30, " Receivables—Loans and Debt Securities Acquired with Deteriorated Credit Quality " ("ASC 310-30"). The cash flows expected to be collected on purchased loans are estimated based upon the expected remaining life of the underlying loans, which includes the effects of estimated prepayments. Purchased loans are considered credit impaired if there is evidence of credit deterioration at the date of purchase and if it is probable that not all contractually required payments will be collected. Purchased credit impaired loans are not classified as nonperforming assets as the loans are considered performing under ASC 310-30. Interest income, through accretion of the difference between the carrying value of the loans and the expected cash flows is recognized on all purchased loans accounted for under ASC 310-30. Expected cash flows are re-estimated quarterly for all loans accounted for under ASC 310-30. A decline in the present value of current expected cash flows compared to the previously estimated expected cash flows, due in any part to change in credit, is referred to as credit impairment and recorded as provision for loan losses during the period. Declines in the present value of expected cash flows only from the expected timing of such cash flows is referred to as timing impairment and recognized prospectively as a decrease in yield on the loan. Improvement in expected cash flows is recognized prospectively as an adjustment to the yield on the loan once any previously recorded impairment is recaptured. Accelerated discounts on acquired loans result from the accelerated recognition of a portion of the loan discount that would have been recognized over the expected life of the loan and occur when a loan is paid in full or otherwise settled. Purchased loans outside the scope of ASC 310-30 including purchased loans with revolving privileges, are accounted for under FASB ASC Topic 310-20, " Receivables—Nonrefundable Fees and Other Costs " ("ASC 310-20") or under FASB ASC Topic 310-40, " Receivables—Troubled Debt Restructurings by Creditors " ("ASC 310-40"), where applicable. Discounts created when the loans were recorded at their estimated fair values at acquisition are amortized over the remaining term of the loan as an adjustment to the related loan's yield. Loans are considered past due or delinquent when the contractual principal or interest due in accordance with the terms of the loan agreement or any portion thereof remains unpaid after the due date of the scheduled payment. Purchased loans accounted for under ASC 310-30 are classified as performing, even though they may be contractually past due, as any nonpayment of contractual principal or interest is considered in the quarterly re-estimation of expected cash flows and is included in the resulting recognition of current period provision for loan losses or future period yield adjustments. Purchased loans outside the scope of ASC 310-30 are classified as nonaccrual when, in the opinion of management, collection of principal or interest is doubtful. Generally, loans outside the scope of ASC 310-30 are placed in nonaccrual status due to the continued failure to adhere to contractual payment terms by the borrower coupled with other pertinent factors, such as insufficient collateral value. The accrual of interest income, for loans outside the scope of ASC 310-30, on commercial and industrial, commercial real estate, residential real estate and real estate construction loans is discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection, or if full collection of interest or principal becomes uncertain. The accrual of interest income for bankruptcy loans is discontinued upon notification of bankruptcy status of the borrower. Consumer loans outside the scope of ASC 310-30 are typically charged off no later than 120 days past due. Past due status is based on the contractual terms of the loan. In all cases, loans outside the scope of ASC 310-30 are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued, but not received for a loan placed on nonaccrual, is charged against interest income. Interest received on such loans is accounted for on the cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Prior to the termination of the loss share agreements with the FDIC, certain loans acquired in FDIC-assisted transactions were initially covered under loss share agreements and referred to as covered loans. Pursuant to the terms of the loss share agreements, the FDIC would reimburse the Company for 80% of losses incurred on covered loans. For certain purchased loans, the reimbursement rate for losses were reduced for losses above a certain threshold. The Company would reimburse the FDIC for its share of recoveries with respect to losses for which the FDIC paid the Company a reimbursement under the loss share agreement. For loans that were fully charged off prior to acquisition, the FDIC would reimburse the Company for 50% of expenses incurred to collect on the loan and the Company would reimburse the FDIC for 50% of the recoveries recognized from its collection efforts. All rights and obligations of the parties under the loss share agreements were eliminated under the termination agreement. Talmer Bank will now recognize entirely all future charge-offs, recoveries, gains. losses and expenses related to the former covered assets, as the FDIC no longer is sharing in such amounts. Originated Loans : Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, net of unearned income, deferred loan fees and costs, and any direct principal charge-offs. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income over the remaining life of the loan without anticipating prepayments. During the normal course of business, loans originated with the initial intention to sell, but not ultimately sold, are transferred from held for sale to our portfolio of loans held for investment. During the year ended December 31, 2015 , the Company transferred $7.0 million of loans held for sale to our portfolio of loans held for investment. In accordance with the provisions of FASB ASC Topic 825 " Financial Instruments ," loans elected to be carried at fair value retain the election and continue to be carried at fair value. Loans held for sale are carried at fair value based on the Company's election of the fair value option, and as such, the loans transferred from held for sale will continue to be reported at fair value. The fair value of these loans is estimated using discounted cash flows taking into consideration current market interest rates, loan repricing characteristics and expected loan prepayment speeds, while also taking into consideration other significant unobservable inputs such as the payment history and credit quality characteristic of each individual loan, and an illiquidity discount reflecting the relative illiquidity of the market. Loans are considered past due or delinquent when the contractual principal or interest due in accordance with the terms of the loan agreement or any portion thereof remains unpaid after the due date of the scheduled payment. Loans are classified as nonaccrual when, in the opinion of management, collection of principal or interest is doubtful. Generally, loans are placed in nonaccrual status due to the continued failure to adhere to contractual payment terms by the borrower coupled with other pertinent factors, such as, insufficient collateral value. The accrual of interest income on single family residential mortgage, commercial and commercial real estate loans is discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection, or if full collection of interest or principal becomes uncertain. Consumer loans are typically charged off no later than 120 days past due. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not received for a loan placed on nonaccrual is charged against interest income. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
Allowance for Loan Losses	Allowance for Loan Losses : Purchased Loans : The Company maintains an allowance for loan losses on purchased loans based on credit deterioration subsequent to the acquisition date. In accordance with the accounting guidance for business combinations, there was no allowance brought forward on any of the acquired loans as any credit deterioration evident in the loans was included in the determination of the fair value of the loans at the acquisition date. For purchased credit impaired loans accounted for under ASC 310-30 and troubled debt restructurings previously individually accounted for under ASC 310-30, management establishes an allowance for credit deterioration subsequent to the date of acquisition by re-estimating expected cash flows on these loans on a quarterly basis, with any decline in expected cash flows due to credit triggering impairment recorded as provision for loan losses. Impairment is measured as the excess of the recorded investment in a loan over the present value of expected future cash flows, discounted at the pre-impairment accounting yield of the loan. For any increases in cash flows expected to be collected, the Company first reverses any previously recorded allowance for loan losses, then adjusts the amount of accretable yield recognized on a prospective basis over the loan's remaining life. For purchased non-credit impaired loans acquired in the acquisitions of First Place Bank and Talmer West Bank that are accounted for under ASC 310-20, the historical loss estimates are based on the historical losses experienced by First Place Bank or Talmer West Bank, as applicable or Talmer Bank, following each bank's respective merger with Talmer Bank, for loans with similar characteristics as those acquired other than purchased credit impaired loans. We record an allowance for loan losses only when the calculated amount exceeds the remaining credit mark established at acquisition. For all other purchased loans accounted for under ASC 310-20 or under ASC 310-40, the allowance is calculated in accordance with the methods used to calculate the allowance for loan losses for originated loans. Originated loans : The allowance for loan losses represents management's assessment of probable, incurred credit losses inherent in the loan portfolio. The allowance for loan losses consists of specific allowances, based on individual evaluation of certain loans, and allowances for homogeneous pools of loans with similar risk characteristics. Impaired loans include loans placed on nonaccrual status and troubled debt restructurings. Loans are considered impaired when based on current information and events it is probable the Company will be unable to collect all amounts due in accordance with the original contractual terms of the loan agreements. When determining if the Company will be unable to collect all principal and interest payments due in accordance with the original contractual terms of the loan agreement, the Company considers the borrower's overall financial condition, resources and payment record, support from guarantors, and the realizable value of any collateral. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower's prior payment record, and the amount of the shortfall in relation to the principal and interest owed. For loans not accounted for under ASC 310-30, the Company individually assesses for impairment all nonaccrual loans and TDRs. Loans that do not meet the criteria to be evaluated individually are evaluated in homogeneous pools of loans with similar characteristics. The allowance for commercial and industrial, commercial real estate and real estate construction loans that are not individually evaluated for impairment begins with a process of estimating probable incurred losses in the portfolio. These estimates are established based on our internal credit risk ratings and historical loss data. We assign internal credit risk ratings to each business loan at the time the loan is approved and these risk ratings are subjected to subsequent periodic reviews by senior management, at least annually or more frequently upon the occurrence of a circumstance that affects the credit risk of the loan. Since the operating history of Talmer Bank is limited and it has grown rapidly, the historical loss estimates for loans are based on a combination of actual historical loss experienced by all banks in Michigan, Ohio, Illinois and Nevada and our own historical losses. Loss estimates are established by loan type including residential real estate, commercial real estate, commercial and industrial, real estate construction and consumer, and further segregated by region, including Michigan, Ohio, Illinois and Nevada, where applicable. In addition, management consideration is given to borrower rating migration experience and trends, industry concentrations and conditions, changes in collateral values of properties securing loans and trends with respect to past due and nonaccrual amounts and any adjustments are made accordingly. The allowance is increased by the provision for loan losses charged to expense and decreased by actual charge-offs, net of recoveries of previous amounts charged-off. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Allocations of the allowance may be made for specific loans, but the entire allowance is available for any loan that, in management's judgment, should be charged off.
FDIC Indemnification Asset and Clawback Liability	FDIC Indemnification Asset and Clawback Liability : The FDIC indemnification asset resulted from the loss share agreements in FDIC-assisted transactions. The asset was measured separately from the related covered assets as it was not contractually embedded in those assets and was not transferable with the assets. Prior to the termination of the loss share agreements with the FDIC, the FDIC would reimburse the Company for 80% of losses incurred on covered assets. For certain purchased loans, the reimbursement rate for losses was reduced for losses above a certain threshold. Expected reimbursements from the FDIC did not include reimbursable amounts related to future covered expenditures. FDIC indemnification assets were recorded at fair value at the time of the FDIC-assisted transaction. Fair values were determined using projected cash flows related to the loss share agreements based on the expected reimbursements for losses and the applicable loss sharing percentages. These cash flows were discounted to the present value and the discount rate included a risk premium to reflect the uncertainty of the timing and collection of the loss sharing reimbursement from the FDIC. The accounting for FDIC indemnification assets was closely related to the accounting for the underlying, covered assets. The Company re-estimated the expected indemnification asset cash flows in conjunction with the quarterly re-estimation of cash flows on covered assets accounted for under ASC 310-30. Improvements in cash flow expectations on covered assets generally resulted in a related decline in the expected indemnification cash flows and were reflected as a downward yield adjustment on the indemnification assets. When the expected cash flows on the indemnified assets increased such that a previously recorded covered allowance for loan losses was reversed, we accounted for the associated decrease in the indemnification asset immediately in earnings. Any remaining decrease in the indemnification asset was amortized over the lesser of the contractual term of the loss share agreement or the remaining life of the indemnified asset. Deterioration in cash flow expectations on covered assets generally resulted in an increase in expected indemnification cash flows and was reflected as both FDIC loss share income and an increase to the indemnification asset. Reimbursement requests were submitted to the FDIC on a quarterly basis for all covered assets. The CF Bancorp, First Banking Center and Peoples State Bank loss share agreements contained a provision where if losses did not exceed a calculated threshold, the Company would be obligated to compensate the FDIC. This obligation was referred to as the FDIC clawback liability and, if applicable, would be due to the FDIC at the end of the loss share period ( ten years ). The formula for the FDIC clawback liability varied from agreement to agreement and was calculated using the formula provided in the individual loss share agreements and was not consolidated into one calculation.
Premises and Equipment	Premises and Equipment : Land is carried at cost. Premises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation is computed using the straight-line method with useful lives ranging from 10 to 40 years for buildings and related components, 1 to 10 years for furniture, fixtures and equipment, and 1 to 3 years for software and hardware. Leasehold improvements are amortized over the lesser of their useful lives or the base term of the respective lease. Maintenance and repairs are charged to operations as incurred.
Other Real Estate Owned and Repossessed Assets	Other Real Estate Owned and Repossessed Assets : Other real estate owned and repossessed assets represent property acquired by the Company as part of an acquisition or subsequently through the loan foreclosure or repossession process, or any other resolution activity where the borrower conveys all interest in the property to satisfy the loan through completion of a deed in lieu of foreclosure or through similar legal agreement and additionally includes closed branches or operating facilities. The acquired properties are recorded at fair value at the date of acquisition. When we take real estate that secures a loan into other real estate owned, we charge off the difference between the loan balance and the fair value of the property less estimated costs to sell to the allowance for loan losses. Foreclosed properties and closed branches or operating facilities are initially recorded at fair value, less estimated costs to sell, establishing a new cost basis. Subsequently, all other real estate owned is valued at the lower of cost or fair value, less estimated costs to sell, based on periodic valuations performed by management. If fair value declines subsequent to foreclosure, a valuation allowance is recorded through expense. Subsequent write-downs, for amounts not expected to be recovered, in the carrying value of other real estate owned and repossessed asset properties that may be required are expensed as incurred. Improvements to the properties may be capitalized if the improvements contribute to the overall value of the property. Improvement amounts may not be capitalized in excess of the net realizable value of the property. Any gains or losses realized at the time of disposal are reflected in the Consolidated Statements of Income. Prior to the termination of the loss share agreements with the FDIC, 80% of losses and expenses incurred while holding covered other real estate owned and repossessed assets were reimbursed by the FDIC. In addition, any losses recognized at foreclosure, during the holding period or realized at the time of disposal were partially offset by the FDIC loss share income and were reflected in the Consolidated Statements of Income. In addition, any gains realized were shared with the FDIC in accordance with the loss share agreements.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets : Goodwill : Goodwill resulting from the First of Huron Corp. acquisition represents the excess of the purchase price over the fair value of identifiable net assets acquired in a business combination. Goodwill is required to be tested annually for impairment or whenever events occur that may indicate that the recoverability of the carrying amount is not probable. In the event of impairment, the amount by which the carrying amount exceeds the fair value is charged to earnings. Core Deposit Intangibles (CDIs) : CDIs represent the estimated value of acquired relationships with deposit customers. The estimated fair value of CDIs are based on a discounted cash flow methodology that gives appropriate consideration to expected customer attrition rates, cost of the deposit base, reserve requirements and the net maintenance cost attributable to customer deposits. CDIs are amortized on an accelerated basis over their useful lives. CDIs are evaluated on an annual basis for impairment in accordance with ASC Topic 350, " Intangibles—Goodwill and Other ".
Company-Owned Life Insurance	Company-Owned Life Insurance : Company-owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement.
Loan Servicing Rights	Loan Servicing Rights : Loan servicing rights are recognized as separate assets when such rights are purchased or when loans are sold into the secondary market, with servicing retained. Purchased servicing rights are recorded at purchase cost, which represents fair value. Upon the sale of an originated loan, the loan servicing right is established and recorded at the estimated fair value by calculating the present value of estimated future net servicing cash flows, taking into consideration actual and expected mortgage loan prepayment rates, discount rates, servicing costs, and other economic factors, which are determined based on current market conditions. The expected and actual rates of loan prepayments are the most significant factors driving the fair value of loan servicing rights. Increases in loan prepayments reduce estimated future net servicing cash flows as the life of the underlying loan is shorter. As of January 1, 2013, the Company elected to account for all loan servicing rights under the fair value method. The guidance in FASB Accounting Standards Codification ("ASC") Subtopic 860-50, "Transfers and Servicing—Servicing Assets and Liabilities" provides that an entity may make an irrevocable decision to subsequently measure a class of servicing assets and servicing liabilities at fair value at the beginning of any fiscal year. The guidance allows for a Company to apply this election prospectively to all new and existing servicing assets and servicing liabilities. Management believes this election will provide more comparable results to peers as many of those within our industry group account for loan servicing rights under the fair value method. The change in accounting policy in the first quarter of 2013 resulted in a cumulative adjustment to retained earnings in the amount of $31 thousand . Prior to January 1, 2013, loan servicing rights were subject to impairment testing. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of outstanding principal and are recorded as income when earned. Late fees related to loan servicing are not material. Servicing fees are recorded as a component of "Mortgage banking and other loan fees" in the Consolidated Statements of Income.
Transfer of Financial Assets	Transfers of Financial Assets : Transfers of financial assets are accounted for as sales, when control over the assets has been relinquished. Control over transferred assets is deemed to be surrendered when the assets have been isolated from the Company, the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Loan Commitments and Related Financial Instruments	Loan Commitments and Related Financial Instruments : Financial instruments with off-balance sheet risk are offered to meet the financing needs of customers, such as outstanding commitments to extend credit, credit lines, commercial letters of credit and standby letters of credit. The face amount for these items represents the exposure to loss, before considering customer collateral or ability to repay. Pricing of these financial instruments is based on the credit quality and relationship, fees, interest rates, probability of funding and compensating balance and other covenants or requirements. Loan commitments generally have fixed expiration dates, are variable rate and contain termination and other clauses which provide for relief from funding in the event there is a significant deterioration in the credit quality of the customers. Since many commitments expire without being drawn upon, the total contractual amount of commitments does not necessarily represent future cash requirements. Such financial instruments are recorded when they are funded. The carrying amounts are reasonable estimates of the fair value of these financial instruments. Carrying amounts, which are comprised of the unamortized fee income and, where necessary, reserves for any expected credit losses from these financial instruments, are insignificant.
Allowance for Lending-Related Commitments	Allowance for Lending-Related Commitments : The allowance for lending-related commitments provides for probable credit losses inherent in unused commitments to extend credit and letters of credit. The reserve is calculated for homogeneous pools of lending-related commitments within each internal risk rating, using the same inputs discussed above for the general component of the allowance for loan losses. An estimated draw factor is then applied to adjust for the probability of draw. The allowance for lending-related commitments is included in "Other liabilities" in the consolidated balance sheets, with the corresponding charge reflected as a component of "Other expense" in the Consolidated Statements of Income.
Derivative Instruments	Derivative Instruments : At the inception of a derivative contract, the Company designates the derivative based on the Company's intentions and belief as to likely effectiveness as a hedge. The types entered into by the Company include a risk management hedge of the variability of cash flows to be received or paid related to a recognized asset or liability ("cash flow hedge") or a customer-initiated interest rate derivative with no hedging designation ("customer-initiated derivative"). Cash Flow Hedges : The Company enters into interest rate swaps designated as cash flow hedges to manage the variability of cash flows, primarily net interest income, attributable to changes in interest rates. The gain or loss on a cash flow hedge is reported in other comprehensive income and is reclassified into earnings in the same periods during which the hedged transaction affects earnings. Changes in the fair value of a cash flow hedge that are not highly effective in hedging the changes in expected cash flows of the hedged item are recognized immediately in current earnings as noninterest income. Net cash settlements on cash flow hedges are recorded in interest income or interest expense, based on the item being hedged. Cash flows on hedges are classified in the cash flow statement the same as the cash flows of the items being hedged. The Company formally documents the relationship between derivatives and hedged items, as well as the risk-management objective and the strategy for undertaking hedge transactions at the inception of the hedging relationship. This documentation includes linking cash flow hedges to specific assets and liabilities on the balance sheet. The Company also formally assesses, both at the hedge's inception and on an ongoing basis, whether the derivative instruments that are used are highly effective in offsetting changes in cash flows of the hedged items. The Company discontinues hedge accounting when it determines that the derivative is no longer effective in offsetting changes in the cash flows of the hedged items, the derivative is settled or terminates, or treatment of the derivative as a hedge is no longer appropriate or intended. When hedge accounting is discontinued, subsequent changes in fair value of the derivative are recorded as noninterest income. When a cash flows hedge is discontinued but the hedged cash flows are still expected to occur, gains or losses that were accumulated in other comprehensive income are amortized into earnings over the same periods which the hedged transactions will affect earnings. Customer-Initiated Derivatives : The Company enters into interest rate derivatives to provide a service to certain qualifying customers to help facilitate their respective risk management strategies ("customer-initiated derivatives"). Therefore, these derivatives are not used to manage interest rate risk in the Company's assets or liabilities. The Company generally takes offsetting positions with dealer counterparties to mitigate the valuation risk of the customer-initiated derivatives. Income primarily results from the spread between the customer derivatives and the offsetting dealer positions. The accounting for changes in the fair value (i.e. gains or losses) of a derivative instrument is determined by whether it has been designated and qualifies as part of a hedging relationship and, further by the type of hedging relationship. The Company presents derivative instruments at fair value in the Consolidated Balance Sheets on a net basis when a right of offset exists, based on transactions with a single counterparty and any cash collateral paid to and/or received from that counterparty for derivative contracts that are subject to legally enforceable master netting arrangements. For derivative instruments not designated as hedging instruments, the gain or loss derived from changes in fair value are recognized in current earnings during the period of change. Mortgage Banking Derivatives : Commitments to fund mortgage loans (interest rate locks) to be sold into the secondary market and forward commitments for the future delivery of mortgage loans to third party investors are recorded in "Other assets" and "Other liabilities" in the Consolidated Balance Sheets. These commitments are accounted for as free standing derivatives under FASB ASC Topic 815, "Derivatives and Hedging" . Fair values of these derivatives are estimated based on the fair value of the related mortgage loans determined using observable market data. The Company adjusts the outstanding interest rate lock commitments with prospective borrowers based on exercise and funding expectations. Changes in the fair values of these derivatives are included in "Net gain on sales of loans" in the Consolidated Statements of Income.
Stock-Based Compensation	Stock-Based Compensation : Compensation cost is recognized for stock options and restricted stock awards issued based on the fair value of these awards at the date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options. The fair value of restricted stock awards is equal to the market price of the common stock at the date of grant. Compensation cost is recognized on a straight-line basis over the required service period, generally defined as the vesting period, based on the number of shares ultimately expected to vest.
Deferred Compensation Plan	Deferred Compensation Plan : The Company maintains a deferred compensation plan for certain key employees and members of the Board of Directors which allows participants to defer a portion of their compensation. Participants had the ability to begin deferrals into the Deferred Compensation Plan beginning July 1, 2014. While the Company maintains ownership of the deferred compensation asset, the participants are able to direct the investment of the assets into a pre-determined selection of investment options. Company stock is not an investment option for the participants. The assets are recorded at fair value in other assets on the Consolidated Balance Sheets. A liability is established, in other liabilities on the Consolidated Balance Sheets, for the fair value of the obligation to the participants. Any increase or decrease in the fair value of the deferred compensation plan assets is recorded in "Other noninterest income" on the Consolidated Statements of Income. Any increase or decrease in the fair value of the deferred compensation obligation to participants is recorded as additional compensation expense or a reduction of compensation expense on the Consolidated Statements of Income.
Income Taxes	Income Taxes : The provision for income taxes is based on amounts reported in the Consolidated Statements of Income (after deducting tax credits related to investments in low income housing partnerships) and includes deferred income taxes on temporary differences between the income tax basis and financial accounting basis of assets and liabilities. Deferred tax assets are evaluated for realization based on available evidence of future reversals of existing temporary differences and assumptions made regarding future events. A valuation allowance is provided when it is more-likely-than-not that some portion of the deferred tax asset will not be realized. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50 percent likely of being realized on examination. For tax positions not meeting the "more likely than not test" test, no tax benefit is recorded. The Company records interest and penalties on income tax liabilities in "Income tax provision (benefit)" on the Consolidated Statements of Income, if applicable.
Earnings per Common Share	Earnings per Common Share : The Company applies the two-class method of computing earnings per share as the Company has unvested restricted stock awards which qualify as participating securities. Under this calculation, all outstanding unvested share-based payment awards that contain right to nonforfeitable dividends are considered participating securities and earnings per share is determined according to dividends declared, when applicable, and participating rights in undistributed earnings. Basic earnings per common share is net income divided by the weighted average number of common shares outstanding during the period. Distributed and undistributed earnings are allocated between common and participating security shareholders based on their respective rights and then are divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share include the dilutive effect of additional potential common shares issuable under stock options and warrants.
Comprehensive Income	Comprehensive Income : Comprehensive income consists of net income and other comprehensive income. Other comprehensive income includes unrealized gains and losses on securities available for sale and cash flow hedges, which are recognized as separate components of equity.
Loss Contingencies	Loss Contingencies : Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. Management does not believe there are currently such matters that will have a material effect on the financial statements.
Restrictions on Cash	Restrictions on Cash : Cash on hand or on deposit with the Federal Reserve Bank was required to meet regulatory reserve and clearing requirements.
Dividend Restriction	Dividend Restriction : Banking regulations require maintaining certain capital levels and may limit the dividends paid by the Bank to the Company or by the Company to shareholders.
Fair Value Measurements of Financial Instruments	Fair Value Measurements of Financial Instruments : Fair value measurement applies whenever accounting guidance requires or permits assets or liabilities to be measured at fair value. Fair value is an estimate of the exchange price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction (i.e., not a forced transaction, such as a liquidation or distressed sale) between market participants at the measurement date. Fair value is based on the assumptions market participants would use when pricing an asset or liability. Fair value measurements and disclosures guidance establishes a three-level fair value hierarchy based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. Fair value measurements are separately disclosed by level within the fair value hierarchy. For assets and liabilities recorded at fair value, it is the Company's policy to maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements for those items for which there is an active market. Fair value measurements for assets and liabilities where limited or no observable market data exists are estimated based on discounted cash flows or other valuation methods. Inputs to these valuation methods are subjective in nature, involve uncertainties, and require significant judgment. Therefore, the results cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the asset or liability. Additionally, there may be inherent weaknesses in any calculation technique, and changes in the underlying assumptions used, including discount rates and estimates of future cash flows, could significantly affect the results of current or future values.
Operating Segments	Operating Segments : While the chief decision makers monitor the revenue streams of the various products and services, operations are managed and financial performance is evaluated on a Company-wide basis. Management reviews operating performance and makes decisions as one banking segment across all geographies served.
Reclassifications	Reclassifications : Some items in the prior year financial statements were reclassified to conform to the current presentation. Reclassifications had no effect on prior year net income or shareholders' equity.
Recently Adopted and Issued Accounting Standards	Recently Adopted and Issued Accounting Standards : The following provides a description of recently adopted or newly issued not yet effective accounting standards that could have a material effect on our financial statements. In May of 2014, the FASB issued ASU 2014-09, “ Revenue from Contracts with Customers ” (“ASU 2014-09”), which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including revenue recognition guidance. The core principle of the revenue model is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU is intended to clarify and converge the revenue recognition principles under U.S. GAAP and International Financial Reporting Standards and to streamline revenue recognition requirements in addition to expanding required revenue recognition disclosures. In August of 2015, the FASB issued ASU 2015-14, " Deferral of the Effective Date" ("ASU 2015-14"), which provides a one year deferral to the effective date, therefore, ASU 2014-09 is effective for public companies for annual periods, and interim periods within those annual periods, beginning on or after December 15, 2017. As such, the Company will adopt ASU 2014-09 as of January 1, 2018. Under the provision, the Company will have the option to adopt the guidance using either a full retrospective method or a modified transition approach. The Company is currently evaluating the provisions of ASU 2014-09. In January of 2016, the FASB issued ASU 2016-01, “ Recognition and Measurement of Financial Assets and Financial Liabilities ” (“ASU 2016-01”), which amends the accounting guidance related to the classification and measurement of financial instruments. While ASU 2016-01 retains many current requirements, it revises the accounting related to the classification and measurement of investments in equity securities and the presentation of certain fair value changes for financial liabilities measured at fair value. ASU 2016-01 requires entities to carry investments in equity securities at fair value through net income, with exceptions for investments that qualify for the equity method of accounting, investments resulting in investee consolidation, or investments in which the practicability exception to fair value measurement has been elected. The ASU also provides a new requirement to separately present in other comprehensive income the fair value change of instrument-specific credit risk, with exceptions to derivative liabilities which will continue to be presented in net income. ASU 2016-01 is effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. As such, the Company will adopt ASU 2016-01 as of January 1, 2018. Under the provision, the Company will be required to make a cumulative-effect adjustment to beginning retained earnings as of the beginning of the year in which the guidance is effective. Exceptions exist for equity securities without readily determinable fair values and the use of the exit price to measure fair value for disclosure purposes, which will both be applied prospectively as of the date of adoption. The Company is currently evaluating the provisions of ASU 2016-01.

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	12 Months Ended
	Dec. 31, 2015
FHC
BUSINESS COMBINATIONS
Summary of the assets and liabilities purchased in acquisition recorded at fair value	The assets and liabilities associated with the acquisition of FHC were recorded in the Consolidated Balance Sheets at estimated fair value as of the acquisition date as presented in the following table. (Dollars in thousands) Consideration paid: Cash $ 13,395 Fair value of identifiable assets acquired: Cash and cash equivalents 14,205 Investment securities 34,022 Federal Home Loan Bank stock 874 Loans 162,265 Premises and equipment 2,077 Company-owned life insurance 4,719 Other real estate owned and repossessed assets 1,260 Core deposit intangible 2,410 Other assets 6,462 Total identifiable assets acquired 228,294 Fair value of liabilities assumed: Deposits 201,453 Long-term debt 13,086 Other liabilities 3,884 Total liabilities assumed 218,423 Fair value of net identifiable assets acquired 9,871 Goodwill recognized in the acquisition $ 3,524
Schedule of information regarding acquired loans accounted for under ASC 310-30 as well as excluded from ASC 310-30 accounting at acquisition date	Information regarding acquired loans accounted for under ASC 310-30 as well as those excluded from ASC 310-30 accounting at acquisition date is as follows: (Dollars in thousands) Accounted for under ASC 310-30: Contractual cash flows $ 53,807 Contractual cash flows not expected to be collected (nonaccretable difference) 8,084 Expected cash flows 45,723 Interest component of expected cash flows (accretable yield) 5,268 Fair value at acquisition $ 40,455 Excluded from ASC 310-30 accounting: Unpaid principal balance $ 124,538 Fair value discount (2,728 ) Fair value at acquisition 121,810 Total fair value at acquisition $ 162,265
Talmer West Bank
BUSINESS COMBINATIONS
Summary of the assets and liabilities purchased in acquisition recorded at fair value	The assets and liabilities associated with the acquisition of Talmer West Bank were recorded in the Consolidated Balance Sheets at estimated fair value as of the acquisition date as presented in the following table. (Dollars in thousands) Consideration paid: Cash $ 6,500 Fair value of identifiable assets acquired: Cash and cash equivalents 216,331 Investment securities 13,619 Federal Home Loan Bank stock 5,933 Loans 571,666 Premises and equipment 6,724 Loan servicing rights 767 Other real estate owned 30,878 Core deposit intangible 3,633 Other assets 62,542 Total identifiable assets acquired 912,093 Fair value of liabilities assumed: Deposits 857,769 Other liabilities 5,847 Total liabilities assumed 863,616 Fair value of net identifiable assets acquired 48,477 Bargain purchase gain resulting from acquisition $ 41,977
Schedule of information regarding acquired loans accounted for under ASC 310-30 as well as excluded from ASC 310-30 accounting at acquisition date	Information regarding acquired loans accounted for under ASC 310-30 as well as those excluded from ASC 310-30 accounting at acquisition date is as follows: (Dollars in thousands) Accounted for under ASC 310-30: Contractual cash flows $ 331,523 Contractual cash flows not expected to be collected (nonaccretable difference) 86,410 Expected cash flows 245,113 Interest component of expected cash flows (accretable yield) 32,764 Fair value at acquisition $ 212,349 Excluded from ASC 310-30 accounting: Unpaid principal balance $ 362,782 Fair value discount (3,465 ) Fair value at acquisition 359,317 Total fair value at acquisition $ 571,666
Schedule of unaudited pro forma financial information presented in the consolidated results of operations of the Company and acquired banks as if the acquisition had occurred as of January 1, 2013	The following unaudited pro forma financial information presents the consolidated results of operations of the Company and Talmer West Bank as if the acquisition had occurred as of January 1, 2013 with pro forma adjustments to give effect of any change in interest income due to the accretion of the discount (premium) associated with the fair value adjustments to acquired loans, any change in interest expense due to estimated premium amortization/discount accretion associated with the fair value adjustments to acquired time deposits and borrowings and other debt and the amortization of the core deposit intangible that would have resulted had the deposits been acquired as of January 1, 2013. For the years ended (Dollars in thousands) 2014(1) 2013 Net Interest and other income $ 321,762 $ 393,483 Net Income 90,850 107,289 Earnings per common share: Basic $ 1.30 $ 1.62 Diluted 1.21 1.54 _______________________________________________________________________________ (1) As the business combination was effective January 1, 2014, there were no proforma adjustments for the year ended December 31, 2014.
First Place Bank
BUSINESS COMBINATIONS
Summary of the assets and liabilities purchased in acquisition recorded at fair value	The assets and liabilities associated with the acquisition of First Place Bank were recorded in the Consolidated Balance Sheets at estimated fair value as of the acquisition date as presented in the following table. (Dollars in thousands) Consideration paid: Cash $ 45,000 Fair value of identifiable assets acquired: Cash and cash equivalents 439,805 Investment securities 139,764 Federal Home Loan Bank stock 12,993 Loans held-for-sale 213,946 Loans 1,530,376 Premises and equipment 22,168 Loan servicing rights 41,967 Company-owned life insurance 38,172 Other real estate owned 18,448 Core deposit intangible 9,816 Other assets 128,278 Total identifiable assets acquired 2,595,733 Fair value of liabilities assumed: Deposits 2,121,258 Short-term borrowings 21,892 Long-term debt 312,956 Other liabilities 22,925 Total liabilities assumed 2,479,031 Fair value of net identifiable assets acquired 116,702 Bargain purchase gain resulting from acquisition $ 71,702
Schedule of information regarding acquired loans accounted for under ASC 310-30 as well as excluded from ASC 310-30 accounting at acquisition date	Information regarding acquired loans accounted for under ASC 310-30 as well as those excluded from ASC 310-30 accounting at acquisition date is as follows: (Dollars in thousands) Accounted for under ASC 310-30: Contractual cash flows $ 738,639 Contractual cash flows not expected to be collected (nonaccretable difference) 150,008 Expected cash flows 588,631 Interest component of expected cash flows (accretable yield) 158,221 Fair value at acquisition $ 430,410 Excluded from ASC 310-30 accounting: Unpaid principal balance $ 1,094,223 Fair value premium 5,743 Fair value at acquisition 1,099,966 Total fair value at acquisition $ 1,530,376

FAIR VALUE (Tables)

FAIR VALUE (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Schedule of the recorded amount of assets and liabilities measured at fair value, including financial assets and liabilities for which the Company has elected the fair value option, on a recurring basis	The following tables present the recorded amount of assets and liabilities measured at fair value, including financial assets and liabilities for which the Company has elected the fair value option, on a recurring basis: (Dollars in thousands) Total Quoted Prices in Significant Other Observable Inputs (Level 2) Significant December 31, 2015 Securities available-for-sale: U.S. government sponsored agency obligations $ 60,022 $ — $ 60,022 $ — Obligations of state and political subdivisions: Taxable 1,321 — 1,003 318 Tax-exempt 287,208 — 287,208 — Small Business Administration ("SBA") Pools 27,925 — 27,925 — Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 309,306 — 309,306 — Privately issued 89,450 — 89,450 — Privately issued commercial mortgage-backed securities 13,705 — 13,705 — Corporate debt securities 101,833 — 101,833 — Total securities available-for-sale 890,770 — 890,452 318 Loans measured at fair value: Residential real estate 22,233 — — 22,233 Loans held for sale 58,223 — 58,223 — Loan servicing rights 58,113 — — 58,113 Derivative assets: Interest rate lock commitments 1,220 — 1,220 — Customer-initiated derivatives 4,143 — 4,143 — Risk management derivatives 105 — 105 — Total derivatives 5,468 — 5,468 — Total assets at fair value $ 1,034,807 $ — $ 954,143 $ 80,664 Derivative liabilities: Forward contracts related to mortgage loans to be delivered for sale 38 — 38 — Customer-initiated derivatives 4,144 — 4,144 — Risk management derivatives 397 — 397 — Total derivatives 4,579 — 4,579 — Total liabilities at fair value $ 4,579 $ — $ 4,579 $ — (Dollars in thousands) Total Quoted Prices in Significant Other Observable Inputs (Level 2) Significant December 31, 2014 Securities available-for-sale: U.S. government sponsored agency obligations $ 98,358 $ — $ 98,358 $ — Obligations of state and political subdivisions: Taxable 397 — — 397 Tax-exempt 232,259 — 232,259 — SBA Pools 33,933 — 33,933 — Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 291,759 — 291,759 — Privately issued 18,800 — 18,800 — Privately issued commercial mortgage-backed securities 5,130 — 5,130 — Corporate debt securities 60,183 — 56,758 3,425 Total securities available-for-sale 740,819 — 736,997 3,822 Loans measured at fair value: Residential real estate 18,311 — — 18,311 Real estate construction 1,215 — — 1,215 Loans held for sale 93,453 — 93,453 — Loan servicing rights 70,598 — — 70,598 Derivative assets: Interest rate lock commitments 1,489 — 1,489 — Customer-initiated derivatives 1,588 — 1,588 — Total derivatives 3,077 — 3,077 — Total assets at fair value $ 927,473 $ — $ 833,527 $ 93,946 Derivative liabilities: Forward contracts related to mortgage loans to be delivered for sale 803 — 803 — Customer-initiated derivatives 1,477 — 1,477 — Risk management derivatives 222 — 222 — Total derivatives 2,502 — 2,502 — Total liabilities at fair value $ 2,502 $ — $ 2,502 $ —
Summary of the changes in Level 3 assets and liabilities measured at fair value on a recurring basis	The following table summarizes the changes in Level 3 assets and liabilities measured at fair value on a recurring basis. Year ended December 31, 2015 Securities available-for-sale (Dollars in thousands) Taxable obligations of state and political subdivisions Corporate debt securities Loans held for investment Loan servicing rights Balance, beginning of period $ 397 $ 3,425 $ 19,526 $ 70,598 Transfers between levels within fair value hierarchy — (3,425 ) — — Transfers from loans held for sale — — 6,959 — Gains (losses): Recorded in earnings (realized): Recorded in "Interest on investments" 1 — — — Recorded in "Net gain on sales of loans" — — 234 — Recorded in "Mortgage banking and other loan fees" — — (337 ) (10,647 ) New originations — — — 10,864 Reduction from loans and servicing rights sold — — — (12,702 ) Repayments (80 ) — (4,149 ) — Balance, end of period $ 318 $ — $ 22,233 $ 58,113 Year ended December 31, 2014 Securities available-for-sale (Dollars in thousands) Taxable obligations of state and political subdivisions Corporate debt securities Loans held for investment Loan servicing rights Balance, beginning of period $ 396 $ 405 $ 17,708 $ 78,603 Additions due to acquisition — — — 767 Transfers from loans held for sale — — 3,505 — Total Gains (losses) Recorded in earnings (realized): Recorded in "Interest on investments" 1 4 — — Recorded in "Net gain on sales of loans" — — 75 — Recorded in "Mortgage banking and other loan fees" — — 669 (17,037 ) Recorded in OCI (pre-tax) — 16 — — Purchases — 3,000 — — New originations — — — 9,036 Reductions from loans and servicing rights sold — — — (771 ) Repayments — — (2,559 ) — Draws on previously issued lines of credits — — 128 — Balance, end of period $ 397 $ 3,425 $ 19,526 $ 70,598
Schedule of aggregate fair value, contractual balance (including accrued interest), and gain or loss for loans position held for investment	The aggregate fair value, contractual balance (including accrued interest), and gain or loss position for loans held for investment measured and recorded at fair value was as follows: December 31, (Dollars in thousands) 2015 2014 Aggregate fair value $ 22,233 $ 19,526 Contractual balance 21,910 19,100 Fair market value gain 323 426
Schedule of aggregate fair value, contractual balance (including accrued interest), and gain or loss for loans held for sale	The aggregate fair value, contractual balance (including accrued interest), and gain or loss for loans held for sale carried at fair value was as follows: December 31, (Dollars in thousands) 2015 2014 Aggregate fair value $ 58,223 $ 93,453 Contractual balance 55,911 89,138 Unrealized gain 2,312 4,315
Schedule of the recorded amount of assets and liabilities measured at fair value on a nonrecurring basis	The following table presents the recorded amount of assets and liabilities measured at fair value on a non-recurring basis: (Dollars in thousands) Total Quoted Prices Significant Significant December 31, 2015 Impaired loans:(1) Commercial real estate $ 2,960 $ — $ — $ 2,960 Residential real estate 5,381 — — 5,381 Commercial and industrial 11,522 — — 11,522 Real estate construction 195 — — 195 Consumer 18 — — 18 Total impaired loans 20,076 — — 20,076 Other real estate owned (uncovered)(2) 4,562 — — 4,562 Repossessed assets(3) 5,038 — — 5,038 Premises and equipment(4) 1,575 — — 1,575 Total $ 31,251 $ — $ — $ 31,251 December 31, 2014 Impaired loans:(1) Uncovered Commercial real estate $ 4,115 $ — $ — $ 4,115 Residential real estate 2,898 — — 2,898 Commercial and industrial 579 — — 579 Consumer 12 — — 12 Total uncovered impaired loans 7,604 — — 7,604 Covered Residential real estate 152 — — 152 Commercial and industrial 350 — — 350 Total covered impaired loans 502 — — 502 Total impaired loans 8,106 — — 8,106 Other real estate owned (uncovered)(2) 9,670 — — 9,670 Other real estate owned (covered)(5) 3,807 — — 3,807 Repossessed assets(3) 9,654 — — 9,654 Premises and equipment(4) 675 — — 675 Total $ 31,912 $ — $ — $ 31,912 _____________________________________________________________________________ (1) Specific reserves of $4.4 million and $2.9 million were provided to reduce the value of these loans at December 31, 2015 and 2014 , respectively, based on the estimated fair value of the underlying collateral. In addition, net charge-offs of $306 thousand and $32 thousand reduced the fair value of these loans in the years ended December 31, 2015 and 2014 , respectively. (2) The Company charged $3.2 million and $4.0 million through other noninterest expenses during the years ended December 31, 2015 and 2014 , respectively, to reduce the fair value of these properties. (3) The Company charged $1.1 million and $460 thousand through other noninterest expense during the years ended December 31, 2015 and 2014 , respectively, to reduce the fair value of these properties. A valuation allowance of $5.1 million and $460 thousand was provided to reduce the fair value of these repossessed assets at December 31, 2015 and 2014 , respectively, based on the estimated fair value as of each respective date. (4) The Company charged $1.1 million and $185 thousand through other noninterest expenses during the years ended December 31, 2015 and 2014 , respectively, to reduce the value of premises and equipment deemed impaired during the period. (5) The Company charged $1.7 million through other noninterest expenses during the year ended December 31, 2014 , to reduce the fair value of these properties. These expenses were partially offset by FDIC loss share income recorded due to the associated loss share coverage.
Loans held for investment
Fair Value
Schedule of total amount of gains/(losses) from changes in fair value included in earnings	The total amount of gains (losses) from changes in fair value of loans held for investment measured at fair value in the Consolidated Statements of Income were as follows: For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Change in fair value: Included in "Net gain on sales of loans" $ 234 $ 75 $ (193 ) Included in "Mortgage banking and other loan fees" (337 ) 669 —
Loans held for sale
Fair Value
Schedule of total amount of gains/(losses) from changes in fair value included in earnings	The total amount of gains (losses) from changes in fair value of loans held for sale included in the Consolidated Statements of Income were as follows: For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Interest income (1) $ 3,707 $ 5,151 $ 4,660 Change in fair value (2) (2,003 ) 1,630 (2,940 ) Total included in earnings $ 1,704 $ 6,781 $ 1,720 (1) Included in "Interest and fees on loans" in the Consolidated Statements of Income. (2) Included in "Net gain on sales of loans" in the Consolidated Statements of Income.
Recurring basis
Fair Value
Schedule of the carrying amount and estimated fair values of financial instruments not recorded at fair value in their entirety on a recurring basis on the Company's consolidated balance sheets	ificant. The following tables present the carrying amount and estimated fair values of financial instruments not recorded at fair value in their entirety on a recurring basis on the Company's Consolidated Balance Sheets. Estimated Fair Value (Dollars in thousands) Carrying Value Total Level 1 Level 2 Level 3 December 31, 2015 Financial assets: Cash and cash equivalents $ 387,323 $ 387,323 $ 74,734 $ 312,589 $ — Federal Home Loan Bank stock 29,621 N/A Net loans(1) 4,752,747 4,827,556 — — 4,827,556 Accrued interest receivable 15,646 15,646 — 15,646 — Company-owned life insurance 107,065 107,065 — 107,065 — Securities held-to-maturity 1,678 1,678 — — 1,678 Financial liabilities: Deposits: Savings and demand deposits $ 3,343,478 $ 3,343,478 $ — $ 3,343,478 $ — Time deposits(2) 1,671,103 1,670,058 — 1,670,058 — Total deposits 5,014,581 5,013,536 — 5,013,536 — Short-term borrowings 348,998 348,998 — 348,998 — Long-term debt 464,057 456,746 — 456,746 — Accrued interest payable 3,568 3,568 — 3,568 — Deferred compensation plan liabilities 1,982 1,982 — 1,982 — _______________________________________________________________________________ (1) Included $20.1 million of impaired loans recorded at fair value on a nonrecurring basis and $22.2 million of loans recorded at fair value on a recurring basis. (2) Includes $61.2 million of other brokered funds. Estimated Fair Value (Dollars in thousands) Carrying Value Total Level 1 Level 2 Level 3 December 31, 2014 Financial assets: Cash and cash equivalents $ 253,736 $ 253,736 $ 86,185 $ 167,551 $ — Federal Home Loan Bank stock 20,212 N/A Net loans, excluding covered loans(1) 3,868,818 3,948,847 — — 3,948,847 Net covered loans(2) 325,137 420,627 — — 420,627 Accrued interest receivable 12,533 12,553 — 12,553 — FDIC indemnification asset 67,026 34,572 — — 34,572 FDIC receivable 6,062 6,062 — 6,062 — Company-owned life insurance 97,782 97,782 — 97,782 — Securities held-to-maturity 1,226 1,226 — — 1,226 Financial liabilities: Deposits: Savings and demand deposits $ 3,288,414 $ 3,288,414 $ — $ 3,288,414 $ — Time deposits(3) 1,260,449 1,260,453 — 1,260,453 — Total deposits 4,548,863 4,548,867 — 4,548,867 — FDIC clawback liability 26,905 26,905 — — 26,905 Short-term borrowings 135,743 135,743 — 135,743 — Long-term debt 353,972 348,373 — 348,373 — FDIC warrants payable 4,633 4,633 — — 4,633 Accrued interest payable 1,476 1,476 — 1,476 — Deferred compensation plan liabilities 587 587 — 587 — _______________________________________________________________________________ (1) Included $7.6 million of impaired loans recorded at fair value on a nonrecurring basis and $19.5 million of loans recorded at fair value on a recurring basis. (2) Included $502 thousand of impaired loans recorded at fair value on a nonrecurring basis. (3) Includes $72.3 million of other brokered funds.

SECURITIES (Tables)

SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Summary of the Company's investment securities available-for-sale	Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2014 Securities available-for-sale: U.S. government sponsored agency obligations $ 97,746 $ 791 $ (179 ) $ 98,358 Obligations of state and political subdivisions: Taxable 397 — — 397 Tax-exempt 229,404 3,578 (723 ) 232,259 SBA Pools 33,824 209 (100 ) 33,933 Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 289,156 2,886 (283 ) 291,759 Privately issued 18,814 27 (41 ) 18,800 Privately issued commercial mortgage-backed securities 5,127 3 — 5,130 Corporate debt securities 60,206 209 (232 ) 60,183 Total securities available-for-sale $ 734,674 $ 7,703 $ (1,558 ) $ 740,819 The following summarizes the amortized cost and fair value of securities available-for-sale and securities held-to-maturity and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses. (Dollars in thousands) Amortized Gross Gross Fair December 31, 2015 Securities available-for-sale: U.S. government sponsored agency obligations $ 59,414 $ 614 $ (6 ) $ 60,022 Obligations of state and political subdivisions: Taxable 1,318 3 — 1,321 Tax-exempt 282,366 5,312 (470 ) 287,208 SBA Pools 27,561 368 (4 ) 27,925 Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 308,396 2,014 (1,104 ) 309,306 Privately issued 90,084 — (634 ) 89,450 Privately issued commercial mortgage-backed securities 13,826 — (121 ) 13,705 Corporate debt securities 102,284 127 (578 ) 101,833 Total securities available-for-sale $ 885,249 $ 8,438 $ (2,917 ) $ 890,770
Summary of the Company's investment securities held-to-maturity	Amortized Cost Gross Unrecognized Gains Gross Unrecognized Losses Fair Value Securities held-to-maturity $ 1,226 $ — $ — $ 1,226 Amortized Cost Gross Unrecognized Gains Gross Unrecognized Losses Fair Value Securities held-to-maturity $ 1,678 $ — $ — $ 1,678
Schedule of proceeds from sales of securities and the associated gains and losses recorded in earnings	Proceeds from sales of securities and the associated gains and losses recorded in earnings are listed below: For the years ended December 31 , (Dollars in thousands) 2015 2014 2013 Proceeds $ 55,665 $ 82,496 $ 31,667 Gross gains 412 248 420 Gross losses (313 ) (2,314 ) (28 )
Schedule of amortized cost and fair value of debt securities by contractual maturity	The amortized cost and fair value of debt securities by contractual maturity at December 31, 2015 are shown below. Contractual maturity is utilized for U.S. Government sponsored agency obligations, obligations of state and political subdivisions and corporate debt securities. Securities with multiple maturity dates are classified in the period of final maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. December 31, 2015 (Dollars in thousands) Amortized Cost Fair Value Securities with contractual maturities: Within one year $ 6,247 $ 6,281 After one year through five years 144,865 146,066 After five years through ten years 198,892 200,943 After ten years 535,245 537,480 Total securities available-for-sale $ 885,249 $ 890,770 Securities held-to-maturity: After one year through five years $ 1,678 $ 1,678 Total securities held-to-maturity $ 1,678 $ 1,678
Summary of the investment securities available-for-sale in an unrealized loss position	A summary of the Company's investment securities available-for-sale in an unrealized loss position is as follows: Less than 12 Months More than 12 Months Total (Dollars in thousands) Fair Value Unrealized losses Fair Value Unrealized losses Fair Value Unrealized losses December 31, 2015 U.S. government sponsored agency obligations $ 9,994 $ (6 ) $ — $ — $ 9,994 $ (6 ) Obligations of state and political subdivisions: Tax-exempt 46,062 (357 ) 6,957 (113 ) 53,019 (470 ) SBA Pools 1,521 (4 ) — — 1,521 (4 ) Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 118,509 (1,104 ) — — 118,509 (1,104 ) Privately issued 89,450 (634 ) — — 89,450 (634 ) Privately issued commercial mortgage-backed securities 13,706 (121 ) — — 13,706 (121 ) Corporate debt securities 74,494 (558 ) 431 (20 ) 74,925 (578 ) Total securities available-for-sale $ 353,736 $ (2,784 ) $ 7,388 $ (133 ) $ 361,124 $ (2,917 ) December 31, 2014 U.S. government sponsored agency obligations $ — $ — $ 14,821 $ (179 ) $ 14,821 $ (179 ) Obligations of state and political subdivisions: Tax-exempt 31,054 (260 ) 33,650 (463 ) 64,704 (723 ) SBA Pools 1,844 (4 ) 17,682 (96 ) 19,526 (100 ) Residential mortgage-backed securities: Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises 36,261 (85 ) 27,361 (198 ) 63,622 (283 ) Privately issued 7,801 (41 ) 8 — 7,809 (41 ) Corporate debt securities 22,520 (162 ) 8,912 (70 ) 31,432 (232 ) Total securities available-for-sale $ 99,480 $ (552 ) $ 102,434 $ (1,006 ) $ 201,914 $ (1,558 )

LOANS (Tables)

LOANS (Tables)	12 Months Ended
	Dec. 31, 2015
Loans
Schedule of loans	Loans at December 31, 2015 and December 31, 2014 were as follows: Covered loans Uncovered loans (Dollars in thousands) Accounted for under ASC 310-30 Excluded from ASC 310-30 accounting Total covered loans Accounted for under ASC 310-30 Excluded from ASC 310-30 accounting Total uncovered loans Total December 31, 2015 Commercial real estate $ — $ — $ — $ 250,497 $ 1,317,600 $ 1,568,097 $ 1,568,097 Residential real estate — — — 273,845 1,273,954 1,547,799 1,547,799 Commercial and industrial — — — 24,724 1,232,682 1,257,406 1,257,406 Real estate construction — — — 10,783 230,820 241,603 241,603 Consumer — — — 9,417 182,378 191,795 191,795 Total $ — $ — $ — $ 569,266 $ 4,237,434 $ 4,806,700 $ 4,806,700 (1) December 31, 2014 Commercial real estate $ 160,886 $ 25,776 $ 186,662 $ 190,148 $ 1,120,790 $ 1,310,938 $ 1,497,600 Residential real estate 86,515 21,711 108,226 239,523 1,186,489 1,426,012 1,534,238 Commercial and industrial 23,752 8,896 32,648 15,499 853,978 869,477 902,125 Real estate construction 8,415 974 9,389 8,309 123,377 131,686 141,075 Consumer 9,469 96 9,565 2,389 162,135 164,524 174,089 Total $ 289,037 $ 57,453 $ 346,490 $ 455,868 $ 3,446,769 $ 3,902,637 $ 4,249,127 (1) _______________________________________________________________________________ (1) Reported net of deferred costs totaling $1.9 million and deferred fees totaling $4.6 million at December 31, 2015 and 2014 , respectively.
Schedule of information as to nonperforming assets	Information as to nonperforming assets was as follows: December 31, (Dollars in thousands) 2015 2014 Uncovered nonperforming assets Nonaccrual loans Commercial real estate $ 16,798 $ 13,756 Residential real estate 18,390 17,374 Commercial and industrial 21,668 3,550 Real estate construction 413 174 Consumer 206 257 Total nonaccrual loans 57,475 35,111 Other real estate owned and repossessed assets(1) 28,157 36,872 Total uncovered nonperforming assets 85,632 71,983 Covered nonperforming assets Nonaccrual loans Commercial real estate — 15,723 Residential real estate — 1,848 Commercial and industrial — 3,560 Real estate construction — 713 Consumer — 13 Total nonaccrual loans — 21,857 Other real estate owned and repossessed assets — 10,719 Total covered nonperforming assets — 32,576 Total nonperforming assets $ 85,632 $ 104,559 Uncovered loans 90 days or more past due and still accruing, excluding loans accounted for under ASC 310-30 Residential real estate $ 58 $ 12 Commercial and industrial 14 — Consumer 225 41 Total loans 90 days or more past due and still accruing, excluding loans accounted for under ASC 310-30 $ 297 $ 53 _______________________________________________________________________________ (1) Excludes closed branches and operating facilities.
Schedule of loan delinquency	Loan delinquency, excluding loans accounted for under ASC 310-30 was as follows: December 31, 2015 (Dollars in thousands) 30 - 59 days past due 60 - 89 days past due 90 days or more past due Total past due Current Total loans 90 days or more past due and still accruing Uncovered loans, excluding loans accounted for under ASC 310-30 Commercial real estate $ 2,662 $ 1,378 $ 13,520 $ 17,560 $ 1,300,040 $ 1,317,600 $ — Residential real estate 10,582 2,539 7,377 20,498 1,253,456 1,273,954 58 Commercial and industrial 9,079 2,099 4,955 16,133 1,216,549 1,232,682 14 Real estate construction 2,046 — 304 2,350 228,470 230,820 — Consumer 1,287 402 287 1,976 180,402 182,378 225 Total $ 25,656 $ 6,418 $ 26,443 $ 58,517 $ 4,178,917 $ 4,237,434 $ 297 December 31, 2014 (Dollars in thousands) 30 - 59 days past due 60 - 89 days past due 90 days or more past due Total past due Current Total loans 90 days or more past due and still accruing Uncovered loans, excluding loans accounted for under ASC 310-30 Commercial real estate $ 4,870 $ 1,083 $ 11,333 $ 17,286 $ 1,103,504 $ 1,120,790 $ — Residential real estate 11,709 2,044 9,593 23,346 1,163,143 1,186,489 12 Commercial and industrial 4,679 184 2,960 7,823 846,155 853,978 — Real estate construction 1,004 136 174 1,314 122,063 123,377 — Consumer 964 152 150 1,266 160,869 162,135 41 Total $ 23,226 $ 3,599 $ 24,210 $ 51,035 $ 3,395,734 $ 3,446,769 $ 53 Covered loans, excluding loans accounted for under ASC 310-30 Commercial real estate $ — $ — $ 4,569 $ 4,569 $ 21,207 $ 25,776 $ — Residential real estate 238 35 1,179 1,452 20,259 21,711 — Commercial and industrial 373 7 2,923 3,303 5,593 8,896 — Real estate construction — — 710 710 264 974 — Consumer — — 2 2 94 96 — Total $ 611 $ 42 $ 9,383 $ 10,036 $ 47,417 $ 57,453 $ —
Schedule of information as to impaired loans both individually and collectively evaluated for impairment	Information as to total impaired loans (both individually and collectively evaluated for impairment) is as follows: December 31, (Dollars in thousands) 2015 2014 Uncovered Nonaccrual loans $ 57,475 $ 35,111 Performing troubled debt restructurings: Commercial real estate 15,340 3,785 Residential real estate 5,749 1,368 Commercial and industrial 3,438 840 Real estate construction 420 90 Consumer 242 234 Total uncovered performing troubled debt restructurings 25,189 6,317 Total uncovered impaired loans $ 82,664 $ 41,428 Covered Nonaccrual loans $ — $ 21,857 Performing troubled debt restructurings: Commercial real estate — 9,017 Residential real estate — 3,046 Commercial and industrial — 1,137 Real estate construction — 264 Total covered performing troubled debt restructurings — 13,464 Total covered impaired loans $ — $ 35,321
Schedule of the recorded investment of loans modified in TDRs during the period by type of concession granted	The following tables present the recorded investment of loans modified in TDRs during the years ended December 31, 2015 and 2014 by type of concession granted. In cases where more than one type of concession was granted, the loans were categorized based on the most significant concession. Concession type Financial effects of modification (Dollars in thousands) Principal deferral Principal reduction(1) Interest rate Forbearance agreement Total number of loans Total recorded investment at Net charge-offs (recoveries) Provision (benefit) for loan losses For the year ended December 31, 2015 Uncovered Commercial real estate $ 100 $ — $ 3,646 $ 1,481 33 $ 5,227 $ (686 ) $ (76 ) Residential real estate 2,638 127 1,216 — 61 3,981 106 707 Commercial and industrial 965 — 1,886 — 41 2,851 82 300 Real estate construction 195 — 67 — 4 262 — 100 Consumer 77 7 — — 6 84 4 11 Total loans $ 3,975 $ 134 $ 6,815 $ 1,481 145 $ 12,405 $ (494 ) $ 1,042 _______________________________________________________________________________ (1) Loan forgiveness related to loans modified in TDRs for the year ended December 31, 2015 totaled $209 thousand . Concession type Financial effects of modification (Dollars in thousands) Principal deferral Principal reduction(1) Interest rate Forbearance agreement A/B Note Restructure (2) Total number of loans Total recorded investment at December 31, 2014 Net charge-offs (recoveries) Provision (benefit) for loan losses(3) For the year ended December 31, 2014 Uncovered Commercial real estate $ 448 $ — $ 2,022 $ 2,001 $ — 20 $ 4,471 $ 30 $ 850 Residential real estate 116 1,070 1,315 160 — 40 2,661 (135 ) 411 Commercial and industrial 70 — 194 264 — 20 528 28 12 Consumer 142 82 54 10 — 8 288 (2 ) 30 Total uncovered $ 776 $ 1,152 $ 3,585 $ 2,435 $ — 88 $ 7,948 $ (79 ) $ 1,303 Covered Commercial real estate $ — $ — $ 631 $ 416 $ 10,656 5 $ 11,703 $ — $ 373 Residential real estate 594 45 238 — — 22 877 (13 ) 35 Commercial and industrial — — 173 86 — 8 259 — 7 Real estate construction 257 — — — — 2 257 — — Total covered $ 851 $ 45 $ 1,042 $ 502 $ 10,656 37 $ 13,096 $ (13 ) $ 415 Total loans $ 1,627 $ 1,197 $ 4,627 $ 2,937 $ 10,656 125 $ 21,044 $ (92 ) $ 1,718 _______________________________________________________________________________ (1) Loan forgiveness related to loans modified in TDRs for the year ended December 31, 2014 totaled $1.3 million . (2) Loan restructurings whereby the original loan is restructured into two notes: an "A" note, which generally reflects the portion of the modified loans which is expected to be collected; and a "B" note, which is fully charged off. (3) The provision for loan losses for covered loans was partially offset by the build of an associated FDIC indemnification asset on covered loans. Concession type Financial effects of modification (Dollars in thousands) Principal deferral Principal reduction(1) Interest rate Forbearance agreement Total number of loans Total recorded investment at December 31, 2013 Net charge-offs (recoveries) Provision (benefit) for loan losses(2) For the year ended December 31, 2013 Uncovered Commercial real estate $ 1,737 $ — $ 3,416 $ 19 12 $ 5,172 $ 550 $ 308 Residential real estate 3 1,539 1,255 — 30 2,797 313 800 Commercial and industrial 636 — 302 — 11 938 — (33 ) Real estate construction 90 — — — 3 90 — — Consumer — — 30 — 4 30 2 3 Total uncovered $ 2,466 $ 1,539 $ 5,003 $ 19 60 $ 9,027 $ 865 $ 1,078 Covered Commercial real estate $ 202 $ — $ 1,933 $ 1 17 $ 2,136 $ 1,138 $ 752 Residential real estate 1,091 46 183 — 29 1,320 47 97 Commercial and industrial 594 54 468 73 34 1,189 218 168 Real estate construction 774 — 7 — 4 781 — — Consumer 6 — — — 3 6 (8 ) (8 ) Total covered $ 2,667 $ 100 $ 2,591 $ 74 87 $ 5,432 $ 1,395 $ 1,009 Total loans $ 5,133 $ 1,639 $ 7,594 $ 93 147 $ 14,459 $ 2,260 $ 2,087 _______________________________________________________________________________ (1) Loan forgiveness related to loans modified in TDRs for the year ended December 31, 2013 totaled $1.4 million . (2) The provision for loan losses for covered loans was partially offset by the build of an associated FDIC indemnification asset on covered loans.
Schedule of the number of loans modified in TDRs during the previous 12 months for which there was payment default during the period, including the recorded investment	The following table presents the number of loans modified in TDRs during the previous 12 months for which there was payment default during the years ended December 31, 2015 , 2014 and 2013, including the recorded investment as of December 31, 2015 , 2014 and 2013. A payment on a TDR is considered to be in default once it is greater than 30 days past due. (Dollars in thousands) Total number Total recorded investment Charged off following a subsequent default For the years ended December 31, 2015 Uncovered Commercial real estate $ 6 $ 950 $ 71 Residential real estate 12 560 61 Commercial and industrial 4 — 200 Real estate construction 1 67 — Consumer 1 7 — Total loans $ 24 $ 1,584 $ 332 For the years ended December 31, 2014 Uncovered Commercial real estate $ 6 $ 2,669 $ — Residential real estate 13 554 60 Commercial and industrial 3 44 — Consumer 2 110 2 Total uncovered 24 3,377 62 Covered Commercial real estate 1 415 — Residential real estate 4 22 — Total covered 5 437 — Total loans $ 29 $ 3,814 $ 62 For the years ended December 31, 2013 Uncovered Commercial real estate $ 7 $ 2,677 $ 550 Residential real estate 21 2,062 406 Commercial and industrial 1 4 — Consumer 3 30 3 Total uncovered 32 4,773 959 Covered Commercial real estate 8 1,127 224 Residential real estate 5 215 31 Commercial and industrial 14 318 191 Total covered 27 1,660 446 Total loans $ 59 $ 6,433 $ 1,405
Commercial and industrial, Commercial real estate and Real estate construction
Loans
Schedule of loans by credit quality	Commercial and industrial, commercial real estate and real estate construction loans by credit risk category were as follows: (Dollars in thousands) Pass Special Mention Substandard Doubtful (1) Total December 31, 2015 Uncovered loans Commercial real estate $ 1,408,238 $ 60,130 $ 99,343 $ 386 $ 1,568,097 Commercial and industrial 1,177,354 24,129 55,923 — 1,257,406 Real estate construction 235,479 259 5,865 — 241,603 Total $ 2,821,071 $ 84,518 $ 161,131 $ 386 $ 3,067,106 December 31, 2014 Uncovered loans Commercial real estate $ 1,153,132 $ 63,567 $ 94,239 $ — $ 1,310,938 Commercial and industrial 824,239 29,511 15,727 — 869,477 Real estate construction 123,822 1,981 5,883 — 131,686 Total $ 2,101,193 $ 95,059 $ 115,849 $ — $ 2,312,101 Covered loans Commercial real estate $ 102,952 $ 16,073 $ 67,637 $ — $ 186,662 Commercial and industrial 16,718 1,875 14,055 — 32,648 Real estate construction 3,817 792 4,780 — 9,389 Total $ 123,487 $ 18,740 $ 86,472 $ — $ 228,699 _______________________________________________________________________________ (1) Prior to January 1, 2015, all nonaccrual loans were included in the "Doubtful" risk category. After further review of regulatory guidance, we have reclassified nonaccrual loans with a determinable value to the "Substandard" risk category; therefore, "Substandard" now includes accrual and nonaccrual loans. This change in classification has been made retrospectively and the reclassification is presented within the December 31, 2014 disclosure.
Residential real estate and consumer loans
Loans
Schedule of loans by credit quality	The following table presents residential real estate and consumer loans by credit quality: (Dollars in thousands) Performing Nonperforming Total December 31, 2015 Uncovered loans Residential real estate $ 1,529,409 $ 18,390 $ 1,547,799 Consumer 191,589 206 191,795 Total $ 1,720,998 $ 18,596 $ 1,739,594 December 31, 2014 Uncovered Residential real estate $ 1,408,638 $ 17,374 $ 1,426,012 Consumer 164,267 257 164,524 Total $ 1,572,905 $ 17,631 $ 1,590,536 Covered loans Residential real estate $ 106,378 $ 1,848 $ 108,226 Consumer 9,552 13 9,565 Total $ 115,930 $ 1,861 $ 117,791

ALLOWANCE FOR LOAN LOSSES (Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	12 Months Ended
	Dec. 31, 2015
Loans and Leases Receivable, Allowance [Abstract]
Schedule of information as to impaired loans individually evaluated for impairment	Information as to impaired loans individually evaluated for impairment is as follows: (Dollars in thousands) Recorded investment with no related allowance Recorded investment with related allowance Total recorded investment Contractual principal balance Related allowance December 31, 2015 Uncovered individually evaluated impaired loans Commercial real estate $ 12,506 $ 19,632 $ 32,138 $ 46,099 $ 2,647 Residential real estate 13,304 10,835 24,139 30,409 2,729 Commercial and industrial 11,661 13,445 25,106 27,883 2,577 Real estate construction 402 431 833 1,369 158 Consumer 319 129 448 789 36 Total uncovered individually evaluated impaired loans $ 38,192 $ 44,472 $ 82,664 $ 106,549 $ 8,147 December 31, 2014 Uncovered individually evaluated impaired loans Commercial real estate $ 7,609 $ 5,956 $ 13,565 $ 17,016 $ 1,276 Residential real estate 14,316 4,268 18,584 23,080 1,110 Commercial and industrial 915 1,884 2,799 2,807 982 Real estate construction 174 — 174 174 — Consumer 296 176 472 610 82 Total uncovered individually evaluated impaired loans $ 23,310 $ 12,284 $ 35,594 $ 43,687 $ 3,450 Covered individually evaluated impaired loans Commercial real estate $ 10,400 $ 11,985 $ 22,385 $ 28,755 $ 1,277 Residential real estate 2,155 2,583 4,738 6,388 417 Commercial and industrial 1,545 779 2,324 2,668 109 Real estate construction 670 — 670 994 — Consumer 11 1 12 39 — Total covered individually evaluated $ 14,781 $ 15,348 $ 30,129 $ 38,844 $ 1,803
Schedule showing the average recorded investment and interest income recognized on loans	For the years ended December 31, 2015 2014 2013 (Dollars in thousands) Average recorded investment Interest income recognized Average recorded investment Interest income recognized Average recorded investment Interest income recognized Uncovered individually evaluated impaired loans Commercial real estate $ 27,239 $ 1,843 $ 14,558 $ 915 $ 5,034 $ 442 Residential real estate 36,368 1,294 18,870 649 14,099 540 Commercial and industrial 19,542 1,505 2,847 76 3,221 476 Real estate construction 1,056 79 174 8 280 — Consumer 1,112 44 464 37 33 3 Total uncovered individually evaluated $ 85,317 $ 4,765 $ 36,913 $ 1,685 $ 22,667 $ 1,461 Covered individually evaluated impaired loans Commercial real estate $ — $ — $ 24,495 $ 1,492 $ 18,317 $ 1,102 Residential real estate — — 5,095 306 2,747 162 Commercial and industrial — — 2,474 118 6,108 230 Real estate construction — — 665 24 1,082 103 Consumer — — 18 4 26 4 Total covered individually evaluated impaired loans $ — $ — $ 32,747 $ 1,944 $ 28,280 $ 1,601
Uncovered
Allowance for loan losses
Schedule of changes in the allowance for loan losses and the allocation of the allowance for loans	Changes in the allowance for loan losses and the allocation of the allowance for uncovered loans were as follows: (Dollars in thousands) Commercial real estate Residential real estate Commercial and industrial Real estate construction Consumer Total For the year ended December 31, 2015 (1) Allowance for loan losses—uncovered: Balance at beginning of period $ 11,128 $ 12,193 $ 7,835 $ 1,599 $ 1,064 $ 33,819 Transfer in from covered (1) 7,877 3,807 1,707 910 35 14,336 Provision (benefit) for loan losses (4,560 ) 389 6,170 69 1,496 3,564 Gross charge-offs (8,992 ) (6,207 ) (5,066 ) (561 ) (1,762 ) (22,588 ) Recoveries 13,965 4,250 5,672 682 253 24,822 Net (charge-offs) recoveries 4,973 (1,957 ) 606 121 (1,509 ) 2,234 Ending allowance for loan losses $ 19,418 $ 14,432 $ 16,318 $ 2,699 $ 1,086 $ 53,953 As of December 31, 2015 Allowance for loan losses—uncovered: Individually evaluated for impairment $ 2,647 $ 2,729 $ 2,577 $ 158 $ 36 $ 8,147 Collectively evaluated for impairment 5,741 3,756 12,254 863 926 23,540 Accounted for under ASC 310-30 11,030 7,947 1,487 1,678 124 22,266 Allowance for loan losses—uncovered: $ 19,418 $ 14,432 $ 16,318 $ 2,699 $ 1,086 $ 53,953 Balance of uncovered loans: Individually evaluated for impairment $ 32,138 $ 24,139 $ 25,106 $ 833 $ 448 $ 82,664 Collectively evaluated for impairment 1,285,462 1,249,815 1,207,576 229,987 181,930 4,154,770 Accounted for under ASC 310-30 250,497 273,845 24,724 10,783 9,417 569,266 Total uncovered loans $ 1,568,097 $ 1,547,799 $ 1,257,406 $ 241,603 $ 191,795 $ 4,806,700 For the year ended December 31, 2014 Allowance for loan losses—uncovered: Balance at beginning of period $ 4,267 $ 7,708 $ 3,404 $ 2,027 $ 340 $ 17,746 Provision (benefit) for loan losses 8,883 7,485 6,968 (788 ) 534 23,082 Gross charge-offs (7,546 ) (5,691 ) (3,425 ) (624 ) (279 ) (17,565 ) Recoveries 5,524 2,691 888 984 469 10,556 Net (charge-offs) recoveries (2,022 ) (3,000 ) (2,537 ) 360 190 (7,009 ) Ending allowance for loan losses $ 11,128 $ 12,193 $ 7,835 $ 1,599 $ 1,064 $ 33,819 (1) Effective July 1, 2015, the first of our four non-single family FDIC loss share agreements expired. On December 28, 2015, our remaining loss share agreements were terminated with an effective date of October 1, 2015. Therefore, the balance of the loans and the related allowance for loan losses were reclassified to uncovered. (Dollars in thousands) Commercial real estate Residential real estate Commercial and industrial Real estate construction Consumer Total As of December 31, 2014 Allowance for loan losses—uncovered: Individually evaluated for impairment $ 1,276 $ 1,110 $ 982 $ — $ 82 $ 3,450 Collectively evaluated for impairment 4,623 4,850 5,968 649 820 16,910 Accounted for under ASC 310-30 5,229 6,233 885 950 162 13,459 Allowance for loan losses—uncovered: $ 11,128 $ 12,193 $ 7,835 $ 1,599 $ 1,064 $ 33,819 Balance of uncovered loans: Individually evaluated for impairment $ 13,565 $ 18,584 $ 2,799 $ 174 $ 472 $ 35,594 Collectively evaluated for impairment 1,107,225 1,167,905 851,179 123,203 161,663 3,411,175 Accounted for under ASC 310-30 190,148 239,523 15,499 8,309 2,389 455,868 Total uncovered loans $ 1,310,938 $ 1,426,012 $ 869,477 $ 131,686 $ 164,524 $ 3,902,637 For the year ended December 31, 2013 Allowance for loan losses—uncovered: Balance at beginning of period $ 4,265 $ 2,059 $ 4,162 $ 268 $ 191 $ 10,945 Provision (benefit) for loan losses 3,107 10,980 (80 ) 1,425 88 15,520 Gross charge-offs (4,070 ) (8,942 ) (1,136 ) (165 ) (528 ) (14,841 ) Recoveries 965 3,611 458 499 589 6,122 Net (charge-offs) recoveries (3,105 ) (5,331 ) (678 ) 334 61 (8,719 ) Ending allowance for loan losses $ 4,267 $ 7,708 $ 3,404 $ 2,027 $ 340 $ 17,746
Covered loans
Allowance for loan losses
Schedule of changes in the allowance for loan losses and the allocation of the allowance for loans	Changes in the allowance and the allocation of the allowance for covered loans were as follows: (Dollars in thousands) Commercial real estate Residential real estate Commercial and industrial Real estate construction Consumer Total For the year ended December 31, 2015 (1) Allowance for loan losses—covered: Balance at beginning of period $ 13,663 $ 3,981 $ 2,577 $ 1,086 $ 46 $ 21,353 Transfer out to uncovered (1) (7,877 ) (3,807 ) (1,707 ) (910 ) (35 ) (14,336 ) Provision (benefit) for loan losses (10,113 ) (87 ) (2,690 ) 256 (133 ) (12,767 ) Gross charge-offs (5,449 ) (694 ) (2,483 ) (965 ) (165 ) (9,756 ) Recoveries 9,776 607 4,303 533 287 15,506 Net (charge-offs) recoveries 4,327 (87 ) 1,820 (432 ) 122 5,750 Ending allowance for loan losses $ — $ — $ — $ — $ — $ — For the year ended December 31, 2014 Allowance for loan losses—covered: Balance at beginning of period $ 26,394 $ 4,696 $ 7,227 $ 1,984 $ 80 $ 40,381 Benefit for loan losses (13,604 ) (443 ) (3,968 ) (596 ) (144 ) (18,755 ) Gross charge-offs (7,568 ) (2,294 ) (4,774 ) (1,545 ) (220 ) (16,401 ) Recoveries 8,441 2,022 4,092 1,243 330 16,128 Net (charge-offs) recoveries 873 (272 ) (682 ) (302 ) 110 (273 ) Ending allowance for loan losses $ 13,663 $ 3,981 $ 2,577 $ 1,086 $ 46 $ 21,353 As of December 31, 2014 Allowance for loan losses—covered: Individually evaluated for impairment $ 1,277 $ 417 $ 109 $ — $ — $ 1,803 Collectively evaluated for impairment 57 123 89 7 1 277 Accounted for under ASC 310-30 12,329 3,441 2,379 1,079 45 19,273 Allowance for loan losses—covered: $ 13,663 $ 3,981 $ 2,577 $ 1,086 $ 46 $ 21,353 Balance of covered loans: Individually evaluated for impairment $ 22,385 $ 4,738 $ 2,324 $ 670 $ 12 $ 30,129 Collectively evaluated for impairment 3,391 16,973 6,572 304 84 27,324 Accounted for under ASC 310-30 160,886 86,515 23,752 8,415 9,469 289,037 Total covered loans $ 186,662 $ 108,226 $ 32,648 $ 9,389 $ 9,565 $ 346,490 For the year ended December 31, 2013 Allowance for loan losses—covered: Balance at beginning of period $ 30,150 $ 5,716 $ 10,915 $ 4,509 $ 183 $ 51,473 Provision (benefit) for loan losses (4,567 ) 368 (3,270 ) (2,712 ) (241 ) (10,422 ) Gross charge-offs (9,211 ) (2,664 ) (4,654 ) (1,904 ) (214 ) (18,647 ) Recoveries 10,022 1,276 4,236 2,091 352 17,977 Net (charge-offs) recoveries 811 (1,388 ) (418 ) 187 138 (670 ) Ending allowance for loan losses $ 26,394 $ 4,696 $ 7,227 $ 1,984 $ 80 $ 40,381 (1) Effective July 1, 2015, the first of our four non-single family FDIC loss share agreements expired. On December 28, 2015, our remaining loss share agreements were terminated with an effective date of October 1, 2015. Therefore, the balance of the loans and the related allowance for loan losses were reclassified to uncovered .

ACQUIRED LOANS AND LOSS SHARE41

ACQUIRED LOANS AND LOSS SHARE ACCOUNTING (Tables)	12 Months Ended
	Dec. 31, 2015
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities [Abstract]
Schedule of changes in the carrying amount of accretable discount for purchased loans	Changes in the carrying amount of accretable discount for purchased loans accounted for under ASC 310-30 were as follows: For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Balance at beginning of period $ 277,058 $ 302,287 $ 216,970 Additions due to acquisitions 5,268 32,764 158,221 Discount accretion (73,981 ) (91,129 ) (95,758 ) Reclassifications from nonaccretable discount and other additions to accretable discount due to results of cash flow re-estimations 77,889 99,253 82,490 Other activity, net(1) (63,020 ) (66,117 ) (59,636 ) Balance at end of period $ 223,214 $ 277,058 $ 302,287 _______________________________________________________________________________ (1) Primarily includes changes in the accretable discount due to loan payoffs, foreclosures and charge-offs.
Summary of composition of the recorded investment for loans	Below is the composition of the recorded investment for loans accounted for under ASC 310-30 at December 31, 2015 and 2014 . December 31, (Dollars in thousands) 2015 2014 Contractual cash flows $ 1,019,407 $ 1,281,482 Non-accretable difference (226,927 ) (259,519 ) Accretable yield (223,214 ) (277,058 ) Loans accounted for under ASC 310-30 $ 569,266 $ 744,905
Schedule of the components and impact of the provision for loan losses-covered and the related FDIC loss sharing income	The following table details the components and impact of the provision for loan losses on covered loans and the related FDIC loss share income. Due to the termination of our FDIC loss share agreements, all covered loans were reclassified to uncovered effective October 1, 2015, therefore the table below does not reflect any activity for the fourth quarter of 2015. For the nine months ended September 30, 2015 For the years ended December 31, (Dollars in thousands) 2014 2013 Benefit for loan losses—covered: Net impairment recorded as a result of re-estimation of cash flows on loans accounted for under ASC 310-30(1) $ 2,962 $ 1,491 $ 11,179 Additional benefit recorded, net of charge-offs, for covered loans (15,729 ) (20,246 ) (21,601 ) Total benefit for loan losses—covered $ (12,767 ) $ (18,755 ) $ (10,422 ) Less: FDIC loss share income: Income recorded as a result of re-estimation of cash flows on loans accounted for under ASC 310-30(1) 1,002 4,015 5,598 Expense recorded, to offset provision (benefit), for covered loans (10,125 ) (11,729 ) (17,281 ) Total loss share expense due to provision for loan losses—covered (9,123 ) (7,714 ) (11,683 ) Net (increase) decrease to income before taxes: Net (income) expense recorded as a result of re-estimation of cash flows on loans accounted for under ASC 310-30(1) 1,960 (2,524 ) 5,581 Net income recorded, for covered loans including those accounted for under ASC 310-20 and ASC 310-40 (5,604 ) (8,517 ) (4,320 ) Net (increase) decrease to income before taxes $ (3,644 ) $ (11,041 ) $ 1,261 _______________________________________________________________________________ (1) The results of re-estimations also included cash flow improvements to be recognized prospectively as an adjustment to the accretable yield on the related covered loans of $20.4 million , $41.5 million and $49.1 million for the periods presented in 2015, 2014 and 2013 , respectively.
Summary of the activity related to the FDIC indemnification asset and the FDIC receivable	The following table summarizes the activity related to the FDIC indemnification asset and the FDIC receivable for the years ended December 31, 2015 and 2014 . For further detail on impairment and provision expense related to loans accounted for under ASC Topic 310-30, refer to Note 6 "Allowance for Loan Losses." Due to the termination of our FDIC loss share agreements, all covered loans were reclassified to uncovered effective October 1, 2015, therefore the table below does not reflect any activity for the fourth quarter of 2015 other than the write-off of the remaining FDIC indemnification asset and FDIC receivable. For the years ended December 31, 2015 2014 (Dollars in thousands) FDIC Indemnification Asset FDIC Receivable FDIC Indemnification Asset FDIC Receivable Balance at beginning of period $ 67,026 $ 6,062 $ 131,861 $ 7,783 Accretion (22,164 ) — (26,426 ) — Sales and write-downs of other real estate owned (covered) (845 ) (495 ) (1,484 ) 524 Net effect of change in allowance on covered assets(1) (2,295 ) — (19,213 ) — Reimbursements requested from FDIC (reclassification to FDIC receivable) (11,171 ) 11,171 (17,712 ) 17,712 Decreases due to recoveries net of additional claimable expenses incurred(2) — (10,412 ) — (4,981 ) Claim payments received from the FDIC — (3,708 ) — (14,976 ) Write-off as a result of the early termination agreement with the FDIC, effective October 1, 2015 (30,551 ) (2,618 ) — — Balance at end of period $ — $ — $ 67,026 $ 6,062 _______________________________________________________________________________ (1) Primarily includes adjustments for fully claimed and exited loans and the results of remeasurement of expected cash flows under ASC 310-30 accounting. (2) Includes expenses associated with maintaining the underlying properties and legal fees .

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Summary of premises and equipment	The following table summarizes premises and equipment at December 31: (Dollars in thousands) 2015 2014 Land and land improvements $ 7,564 $ 8,299 Buildings 28,401 29,203 Furniture and equipment 24,805 22,738 Data processing software 5,504 4,701 Leasehold improvements 5,583 4,930 Automobiles 344 316 Total 72,201 70,187 Less accumulated depreciation and amortization 28,631 21,798 Premises and equipment, net $ 43,570 $ 48,389
Schedule of future minimum lease payments for operating leases	Future minimum lease payments for operating leases, before considering renewal options that generally are present, are as follows: (Dollars in thousands) Future Minimum Lease Payments(1) Years ending December 31, 2016 $ 6,330 2017 5,628 2018 5,032 2019 4,220 2020 4,121 Thereafter 5,585 Total $ 30,916 _______________________________________________________________________________ (1) Future minimum lease payments are reduced by $228 thousand related to sublease income to be received within the next five years.

OTHER REAL ESTATE OWNED AND R43

OTHER REAL ESTATE OWNED AND REPOSSESSED ASSETS (Tables)	12 Months Ended
	Dec. 31, 2015
Other Real Estate [Abstract]
Tabular disclosure of the changes in non-covered and covered other real estate on properties owned	Changes in other real estate owned and repossessed assets were as follows: Other real estate owned (Dollars in thousands) Uncovered Covered Total other real estate owned Repossessed assets Balance at January 1, 2013 $ 869 $ 23,834 $ 24,703 $ 129 Additions due to acquisitions 18,448 — 18,448 — Transfers in (1) 13,714 12,489 26,203 509 Disposals (12,656 ) (19,869 ) (32,525 ) (611 ) Write-downs (1,991 ) (4,883 ) (6,874 ) — Balance at December 31, 2013 $ 18,384 $ 11,571 $ 29,955 $ 27 Additions due to acquisitions 30,878 — 30,878 — Transfers in (1) 13,859 9,307 23,166 10,122 Capitalized expenditures — — — 535 Disposals (30,867 ) (8,545 ) (39,412 ) (389 ) Write-downs (4,007 ) (1,672 ) (5,679 ) — Change in valuation allowance — — — (460 ) Balance at December 31, 2014 $ 28,247 $ 10,661 $ 38,908 $ 9,835 Additions due to acquisitions 1,260 — 1,260 — Additions due to the adoption of ASU 2014-04 (2) 455 85 540 — Transfers in (1) 18,105 6,985 25,090 2,494 Transfers from covered to uncovered (3) 7,872 (7,872 ) — — Capitalized expenditures — — — 4,943 Payments received — — — (4,933 ) Disposals (30,287 ) (9,069 ) (39,356 ) (1,249 ) Write-downs (2,397 ) (790 ) (3,187 ) (1,117 ) Change in valuation allowance (325 ) — (325 ) (4,644 ) Balance at December 31, 2015 $ 22,930 $ — $ 22,930 $ 5,329 (1) Includes loans transferred to other real estate owned and other repossessed assets and transfers to other real estate owned due to branch or building operation closings/consolidations. (2) The Company adopted the provisions of FASB ASU No. 2014-04, " Reclassification of Residential Real Estate Collaterized Consumer Mortgage Loans Upon Foreclosure " ("ASU 2014-04") utilizing the prospective transition method. (3) Effective July 1, 2015, the first of our four non-single family FDIC loss share agreements expired. In addition, on December 28, 2015, we entered into an agreement with the FDIC to early terminate our remaining FDIC loss share agreements effective October 1, 2015. Therefore, the balances of the other real estate owned and repossessed assets under the applicable FDIC loss share agreements were reclassified to uncovered at each respective effective date.
Schedule of activity in the valuation allowance of repossessed assets	Activity in the valuation allowance for other real estate owned and repossessed assets during the years ended December 31, 2015 and 2014 is summarized below. There was no valuation allowance for other real estate owned and repossessed assets at any time during the year ended December 31, 2013 . (Dollars in thousands) Valuation allowance for other real estate owned Valuation allowance for repossessed assets For the year ended December 31, 2015 Beginning Balance $ — $ 460 Provision for valuation allowance 325 4,644 Ending Balance $ 325 $ 5,104 For the year ended December 31, 2014 Beginning Balance $ — $ — Provision for valuation allowance — 460 Ending Balance $ — $ 460
Schedule of income and expenses related to other real estate owned	Income and expenses related to other real estate owned and repossessed assets, recorded as a component of "Other expense" in the Consolidated Statements of Income, were as follows: Other real estate owned (Dollars in thousands) Uncovered Covered Total other real estate owned Repossessed assets For the year ended December 31, 2015 Net gain (loss) on sale $ 6,441 $ (298 ) $ 6,143 $ (159 ) Write-downs (2,397 ) (790 ) (3,187 ) (1,117 ) Provision for valuation allowance (325 ) — (325 ) (4,644 ) Net operating (expenses) income (2,157 ) (185 ) (2,342 ) (259 ) Total $ 1,562 $ (1,273 ) $ 289 $ (6,179 ) For the year ended December 31, 2014 Net gain (loss) on sale $ 8,156 $ 283 $ 8,439 $ (25 ) Write-downs (4,007 ) (1,672 ) (5,679 ) — Provision for valuation allowance — — — (460 ) Net operating (expenses) income (2,904 ) (228 ) (3,132 ) (98 ) Total $ 1,245 $ (1,617 ) $ (372 ) $ (583 ) For the year ended December 31, 2013 Net gain (loss) on sale $ 3,521 $ 482 $ 4,003 $ (94 ) Write-downs (1,991 ) (4,883 ) (6,874 ) — Net operating (expenses) income (1,520 ) 146 (1,374 ) (61 ) Total $ 10 $ (4,255 ) $ (4,245 ) $ (155 )

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2015
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Schedule of the Company's net carrying amount of CDIs	The table below presents the Company's net carrying amount of CDIs. December 31, (Dollars in thousands) 2015 2014 Gross carrying amount $ 23,068 $ 20,658 Accumulated amortization (10,260 ) (7,623 ) Net carrying amount $ 12,808 $ 13,035
Schedule of estimated amortization expense of CDIs	The estimated amortization expense of CDIs for the next five years is as follows: (Dollars in thousands) Estimated amortization expense 2016 $ 2,413 2017 2,184 2018 1,996 2019 1,832 2020 1,513

LOAN SERVICING RIGHTS (Tables)

LOAN SERVICING RIGHTS (Tables)	12 Months Ended
	Dec. 31, 2015
Transfers and Servicing [Abstract]
Schedule of activity for loan servicing rights and the related fair value changes	The following table represents the activity for loan servicing rights and the related fair value changes. (Dollars in thousands) Commercial Agricultural Mortgage Total For the year ended December 31, 2015 Fair value, beginning of period $ 691 $ — $ 69,907 $ 70,598 Additions from loans sold with servicing retained 22 — 10,842 10,864 Reduction from loans and servicing rights sold(1) — — (12,702 ) (12,702 ) Changes in fair value due to: Reductions from loans paid off during the period (138 ) — (7,186 ) (7,324 ) Changes due to valuation inputs or assumptions(2) (100 ) — (3,223 ) (3,323 ) Fair value, end of period $ 475 $ — $ 57,638 $ 58,113 Principal balance of loans serviced $ 97,735 $ — $ 5,832,170 $ 5,929,905 For the year ended December 31, 2014 Fair value, beginning of period $ 368 $ 962 $ 77,273 $ 78,603 Additions due to acquisition 767 — — 767 Additions from loans sold with servicing retained 8 125 8,903 9,036 Reductions from loans and servicing rights sold(1) — (771 ) — (771 ) Changes in fair value due to: Reductions from loans paid off during the period (173 ) (220 ) (6,407 ) (6,800 ) Changes due to valuation inputs or assumptions(2) (279 ) (96 ) (9,862 ) (10,237 ) Fair value, end of period $ 691 $ — $ 69,907 $ 70,598 Principal balance of loans serviced $ 213,248 $ — $ 7,050,445 $ 7,263,693 For the year ended December 31, 2013 Fair value, beginning of period $ 518 $ 1,456 $ 3,683 $ 5,657 Additions due to acquisition — — 41,967 41,967 Additions from loans sold with servicing retained — 72 23,844 23,916 Changes in fair value due to: Reductions from loans paid off during the period (34 ) (471 ) (6,650 ) (7,155 ) Changes due to valuation inputs or assumptions(2) (116 ) (95 ) 14,429 14,218 Fair value, end of period $ 368 $ 962 $ 77,273 $ 78,603 Principal balance of loans serviced $ 260,771 $ 43,847 $ 7,173,782 $ 7,478,400 _______________________________________________________________________________ (1) During the years ended December 31, 2015 and 2014 , we sold $ 12.7 million and $771 thousand , respectively, of servicing rights in connection with the sale of $1.2 billion and $33.8 million , respectively, of principal balance of loans serviced. (2) Represents estimated fair value changes primarily due to prepayment speeds and market-driven changes in interest rates.
Schedule of assumptions included in loan servicing rights	The following table presents assumptions utilized in determining the fair value of loan servicing rights as of December 31, 2015 and December 31, 2014 . Commercial Real Estate Mortgage As of December 31, 2015 Prepayment speed 0.00 - 50.00% 0.00 - 34.56% Weighted average ("WA") discount rate 19.18% 9.13% WA cost to service/per year $472 $61 WA ancillary income/per year N/A 36 WA float range 0.56% 0.56 - 1.68% As of December 31, 2014 Prepayment speed 6.41 - 50.00% 3.63 - 40.07% WA discount rate 19.48% 9.14% WA cost to service/per year $470 $61 WA ancillary income/per year N/A 35 WA float range 0.56% 1.16 - 1.74%

DERIVATIVE INSTRUMENTS AND BA46

DERIVATIVE INSTRUMENTS AND BALANCE SHEET OFFSETTING (Tables)	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule reflecting the amount and fair value of risk management derivatives and mortgage banking and customer initiated derivatives	The following table presents the notional amount and fair value of the Company's derivative instruments held or issued for risk management purposes or in connection with customer-initiated and mortgage banking activities. December 31, 2015 2014 Fair Value Fair Value (Dollars in thousands) Notional Amount(1) Gross Derivative Assets(2) Gross Derivative Liabilities(2) Notional Amount(1) Gross Derivative Assets(2) Gross Derivative Liabilities(2) Risk management purposes: Derivatives designated as hedging instruments: Interest rate swaps $ 37,000 $ 105 $ 397 $ 12,000 $ — $ 222 Total risk management purposes 37,000 105 397 12,000 — 222 Customer-initiated and mortgage banking activities: Forward contracts related to mortgage loans to be delivered for sale 105,711 — 38 114,828 — 803 Interest rate lock commitments 62,081 1,220 — 67,817 1,489 — Customer-initiated derivatives 354,699 4,143 4,144 125,356 1,588 1,477 Total customer-initiated and mortgage banking activities 522,491 5,363 4,182 308,001 3,077 2,280 Total gross derivatives $ 559,491 $ 5,468 $ 4,579 $ 320,001 $ 3,077 $ 2,502 _________________________________________ (1) Notional or contract amounts, which represent the extent of involvement in the derivatives market, are used to determine the contractual cash flows required in accordance with the terms of the agreement. These amounts are typically not exchanged, significantly exceed amounts subject to credit or market risk and are not reflected in the Consolidated Balance Sheets. (2) Derivative assets are included within "Other assets" and derivative liabilities are included within "Other liabilities" on the Consolidated Balance Sheets. Included in the fair value of the derivative assets are credit valuation adjustments for counterparty credit risk totaling $208 thousand and $103 thousand at December 31, 2015 and 2014 , respectively.
Schedule reflecting the net gains (losses) relating to derivative instruments related to the changes in fair value	The following table presents the net gains (losses) relating to derivative instruments reflecting the changes in fair value. For the years ended December 31, (Dollars in thousands) Location of Gain (Loss) 2015 2014 2013 Forward contracts related to mortgage loans to be delivered for sale Net gain on sale of loans $ (1,542 ) $ 13,862 $ 23,798 Interest rate lock commitments Net gain on sale of loans (267 ) (344 ) (6,934 ) Customer-initiated derivatives Other noninterest income 105 103 — Total gain (loss) recognized in income $ (1,704 ) $ 13,621 $ 16,864
Schedule of net gains (losses) recorded in other comprehensive income and consolidated statements of income related to the interest rate swaps	The following table presents the net gains (losses) recorded in accumulated other comprehensive income and the Consolidated Statements of Income relating to interest rate swaps designated as cash flow hedges for the years ended December 31, 2015 and 2014 . There were no interest rate swaps designated as cash flow hedges outstanding during the year ended December 31, 2013. (Dollars in thousands) Amount of gain (loss) recognized in other comprehensive income (Effective portion) Amount of gain (loss) reclassified from other comprehensive income to interest income or expense (Effective portion) Amount of gain (loss) recognized in other non interest income (Ineffective portion) For the year ended December 31, 2015 Interest rate swaps designated as cash flow hedges $ (507 ) $ 437 $ — For the year ended December 31, 2014 Interest rate swaps designated as cash flow hedges $ (259 ) $ 37 $ —
Schedule of the Company's financial instruments eligible for offset	The tables below present information about the Company's financial instruments that are eligible for offset. Gross amounts not offset in the statement of financial position (Dollars in thousands) Gross amounts recognized Gross amounts offset in the statement of financial condition Net amounts presented in the statement of financial position Financial instruments Collateral (received)/posted Net Amount December 31, 2015 Offsetting derivative assets Derivative assets $ 4,248 $ — $ 4,248 $ (4,248 ) $ 5,887 $ 5,887 Offsetting derivative liabilities Derivative liabilities 4,541 — 4,541 (4,248 ) 293 — December 31, 2014 Offsetting derivative assets Derivative assets $ 1,588 $ — $ 1,588 $ (1,588 ) $ 1,689 $ 1,689 Offsetting derivative liabilities Derivative liabilities 1,699 — 1,699 (1,588 ) 111 —

COMMITMENTS, CONTINGENCIES AN47

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Summary of the contractual amounts of the entity's exposure to off-balance sheet risk	A summary of the contractual amounts of the Company's exposure to off-balance sheet risk is as follows: December 31, 2015 December 31, 2014 (Dollars in thousands) Fixed Rate Variable Rate Total Fixed Rate Variable Rate Total Commitments to extend credit $ 658,268 $ 489,102 $ 1,147,370 $ 502,762 $ 463,362 $ 966,124 Standby letters of credit 61,300 4,801 66,101 69,305 4,197 73,502 Total commitments $ 719,568 $ 493,903 $ 1,213,471 $ 572,067 $ 467,559 $ 1,039,626
Schedule of the activity related to liability recorded in connection with representations and warranties	The following table represents the activity related to our liability recorded in connection with these representations and warranties. For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Reserve balance at beginning of period $ 4,000 $ 4,450 $ 452 Addition of fair value of representations and warranties due to acquisition — 500 8,073 Provision (benefit) (543 ) 958 2,264 Charge-offs (2,157 ) (1,908 ) (6,339 ) Ending reserve balance $ 1,300 $ 4,000 $ 4,450 Reserve balance: Liability for specific claims 380 2,431 3,278 General allowance 920 1,569 1,172 Total reserve balance $ 1,300 $ 4,000 $ 4,450

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Schedule of Maturities of Time Deposit	At December 31, 2015 , the scheduled maturities of time deposits, which includes $61.2 million of time deposits included within "Other brokered funds", for the next five years were as follows: (Dollars in thousands) 2016 $ 1,361,085 2017 181,766 2018 42,368 2019 33,722 2020 45,169 Thereafter 6,993 Total $ 1,671,103

SHORT-TERM BORROWINGS AND LON49

SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Schedule of short-term borrowings and long-term debt	The following table presents the components of the Company's short-term borrowings and long-term debt. December 31, 2015 2014 (Dollars in thousands) Amount Weighted Average Rate(1) Amount Weighted Average Rate(1) Short-term borrowings: Securities sold under agreements to repurchase: 0.05% - 0.10% $ 18,998 0.10 % $ 25,743 0.10 % FHLB advances: 0.42% - 0.70% fixed-rate notes 300,000 0.58 100,000 0.29 FHLB advances: 0.43% variable-rate notes — — 10,000 0.43 Holding company line of credit: floating-rate based on one-month 30,000 2.18 — — Total short-term borrowings 348,998 0.69 135,743 0.26 Long-term debt: FHLB advances: 0.34% - 7.44% fixed-rate notes due 393,851 1.34 286,804 1.57 Securities sold under agreements to repurchase: 4.11% - 4.30% 54,800 4.19 56,444 4.19 Subordinated notes related to trust preferred securities: 10,865 2.65 10,724 2.48 Subordinated notes related to trust preferred securities: floating-rate based on three-month LIBOR plus 3.25% due in 2032(5) 4,541 3.58 — — Total long-term debt 464,057 1.73 353,972 2.02 Total short-term borrowings and long-term debt: $ 813,055 1.28 % $ 489,715 1.53 % _______________________________________________________________________________ (1) Weighted average rate presented is the contractual rate which excludes premiums and discounts related to purchase accounting. (2) The December 31, 2015 balance includes advances payable of $389.6 million and purchase accounting premiums of $4.3 million . The December 31, 2014 balance includes advances payable of $280.1 million and purchase accounting premiums of $6.7 million . (3) The December 31, 2015 balance includes securities sold under agreements to repurchase of $50.0 million and purchase accounting premiums of $4.8 million . The December 31, 2014 balance includes securities sold under agreements to repurchase of $50.0 million and purchase accounting premiums of $6.4 million . (4) The December 31, 2015 balance includes subordinated notes related to trust preferred securities of $15.0 million and purchase accounting discounts of $4.1 million . The December 31, 2014 balance includes subordinated notes related to trust preferred securities of $15.0 million and purchase accounting discounts of $4.3 million . (5) The December 31, 2015 balance includes subordinated notes related to trust preferred securities of $5.0 million and purchase accounting discounts of $459 thousand .
Schedule of selected financial information pertaining to the components of short-term borrowings	December 31, 2015 Remaining Contractual Maturities of the Agreements (Dollars in thousands) Overnight and continuous Up to 30 Days 30-90 Days Greater than 90 Days Total Securities sold under agreements to repurchase $ 18,998 $ — $ — $ 50,000 $ 68,998 Total borrowings $ 18,998 $ — $ — $ 50,000 $ 68,998 Amounts related to securities sold under agreements to repurchase not included in offsetting disclosure in Footnote 12 $ 68,998 Selected financial information pertaining to the components of our short-term borrowings is as follows: For the years ended (Dollars in thousands) December 31, 2015 December 31, 2014 December 31, 2013 Securities sold under agreement to repurchase: Average daily balance $ 21,269 $ 90,923 $ 38,205 Average interest rate during the period 0.10 % 0.12 % 0.24 % Maximum month-end balance $ 26,703 $ 166,925 $ 42,864 FHLB advances: Average daily balance $ 76,602 $ 53,980 $ 10,729 Average interest rate during the period 0.43 % 0.66 % 0.09 % Maximum month-end balance $ 300,000 $ 110,000 $ 135,000 Federal funds purchased: Average daily balance $ 345 $ 1,282 N/A(1) Average interest rate during the period 0.31 % 0.29 % N/A(1) Maximum month-end balance $ 126,000 $ — N/A(1) FHLB overnight repurchase agreements: Average daily balance $ — $ 2,204 N/A(1) Average interest rate during the period — % 0.10 % N/A(1) Maximum month-end balance $ — $ — N/A(1) Holding company line of credit: Average daily balance $ 23,192 $ 5,562 $ 479 Average interest rate during the period 3.14 % 3.17 % 3.17 % Maximum month-end balance $ 30,000 $ 35,000 $ 35,000 _______________________________________________________________________________ (1) For the year ended December 31, 2013, we did not have any activity in the Federal funds purchased and FHLB overnight repurchase agreements.
Schedule of contractual principal payments due and the amortization/ accretion of purchase accounting adjustments for the remaining maturities of long-term debt over the next five years and thereafter	At December 31, 2015 , the contractual principal payments due and the amortization/accretion of purchase accounting adjustments for the remaining maturities of long-term debt over the next five years and thereafter are as follows: (Dollars in thousands) Long-term Debt by Maturity Years Ending December 31, 2016 $ 352,066 2017 12,982 2018 61,522 2019 506 2020 506 Thereafter 36,475 Total $ 464,057

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of current and deferred components of the provision for income taxes	The current and deferred components of the provision for income taxes were as follows: For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Current income tax expense (benefit) Federal $ 2,786 $ 22,467 $ (3,875 ) State (234 ) 623 319 Total current income tax expense (benefit) 2,552 23,090 (3,556 ) Deferred income tax expense (benefit) Federal 17,670 (6,271 ) 13,037 State 1,352 1,013 (390 ) Total deferred income tax expense (benefit) 19,022 (5,258 ) 12,647 Change in valuation allowance 2,292 (10,127 ) (14,426 ) Income tax provision (benefit) $ 23,866 $ 7,705 $ (5,335 )
Schedule of reconciliation of expected income tax expense (benefit) at the federal statutory rate to the Company's provision for income taxes and effective tax rate	A reconciliation of expected income tax expense (benefit) at the federal statutory rate to the Company's provision for income taxes and effective tax rate follows. For the years ended December 31, 2015 2014 2013 (Dollars in thousands) Amount Rate Amount Rate Amount Rate Tax based on federal statutory rate $ 29,398 35.0 % $ 34,494 35.0 % $ 32,628 35.0 % Effect of: Tax exempt income (2,736 ) (3.3 ) (2,404 ) (2.4 ) (1,705 ) (1.8 ) State taxes, net of federal benefit 729 0.9 1,226 1.2 (46 ) — Change in valuation allowance 2,292 2.7 (10,127 ) (10.3 ) (14,426 ) (15.5 ) Bargain purchase gain — — (14,692 ) (14.9 ) (25,096 ) (26.9 ) Transaction costs 32 — 226 0.2 2,748 2.9 Deferred tax benefit related to additional Talmer West Bank net operating losses (4,991 ) (5.9 ) — — — — Other, net (858 ) (1.0 ) (1,018 ) (1.0 ) 562 0.6 Income tax expense (benefit) $ 23,866 28.4 % $ 7,705 7.8 % $ (5,335 ) (5.7 )%
Schedule of significant components of the deferred tax assets and liabilities	The significant components of the deferred tax assets and liabilities at December 31, 2015 and December 31, 2014 were as follows: December 31, (Dollars in thousands) 2015 2014 Deferred tax assets: Allowance for loan losses $ 41,518 $ 48,078 Other real estate losses 2,001 4,410 Organizational costs 239 274 Accrued stock-based compensation 6,034 5,769 Accrued expenses 415 — Loss and tax credit carry forwards 58,121 30,120 Acquisition built in loss carryforwards 7,276 10,472 Other reserves 733 1,750 Goodwill and other intangibles 1,093 1,306 Nonaccrual interest 2,580 11,163 Business combination adjustments 55,934 80,792 Total deferred tax assets 175,944 194,134 Deferred tax liabilities: Depreciation 2,226 1,487 FHLB stock dividends 248 258 Deferred loan fees 223 471 Prepaid expenses — 48 Net unrealized gain on available-for-sale securities 1,830 2,073 Loan servicing rights 20,645 25,016 Other 151 219 Total deferred tax liabilities 25,323 29,572 Net deferred tax asset before valuation allowance 150,621 164,562 Valuation allowance (2,292 ) — Net deferred tax asset $ 148,329 $ 164,562
Operating Loss Carryforwards	The following table is a summary of the loss attributes, Section 382 limitations, and tax expiration periods as of December 31, 2015. From the Acquisition of: (Dollars in thousands) First Place Holdings/First Place Bank Talmer West Bank First of Huron Corp./Signature Bank From 2009 Ownership change Not Limited by Section 382 Total Tax Loss and Credit Carryforwards as of 12/31/15: Years Expiring (except AMT Credits) 2027-2035 2030-2035 2031-2033 2027-2029 2033-2035 Annual Section 382 limitation $ 6,650 $ 3,028 $ 365 $ 145 $ — N/A Gross Federal Net Operating Losses 24,750 65,411 1,706 3,513 13,143 108,523 Realized Built-in Losses 12,911 18,249 — — — 31,160 Less amounts not recorded due to Sec 382 Limitation — (23,104 ) — (1,338 ) — (24,442 ) Business Tax Credits 847 — — — 170 1,017 Alternative Minimum Tax Credits - no expiration 1,910 — 303 — 21,667 23,880 Valuation Allowance — (2,292 ) — — — (2,292 )
Tax Credit Carryforwards	The following table is a summary of the loss attributes, Section 382 limitations, and tax expiration periods as of December 31, 2015. From the Acquisition of: (Dollars in thousands) First Place Holdings/First Place Bank Talmer West Bank First of Huron Corp./Signature Bank From 2009 Ownership change Not Limited by Section 382 Total Tax Loss and Credit Carryforwards as of 12/31/15: Years Expiring (except AMT Credits) 2027-2035 2030-2035 2031-2033 2027-2029 2033-2035 Annual Section 382 limitation $ 6,650 $ 3,028 $ 365 $ 145 $ — N/A Gross Federal Net Operating Losses 24,750 65,411 1,706 3,513 13,143 108,523 Realized Built-in Losses 12,911 18,249 — — — 31,160 Less amounts not recorded due to Sec 382 Limitation — (23,104 ) — (1,338 ) — (24,442 ) Business Tax Credits 847 — — — 170 1,017 Alternative Minimum Tax Credits - no expiration 1,910 — 303 — 21,667 23,880 Valuation Allowance — (2,292 ) — — — (2,292 )

STOCK-BASED COMPENSATION AND 51

STOCK-BASED COMPENSATION AND STOCK WARRANTS (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of weighted-average assumptions used in determination of the fair value of options granted	The fair value of options granted during the years ended December 31, 2014 and 2013 were determined using the following weighted-average assumptions as of the grant date. There were no options granted during the year ended December 31, 2015. For the years ended December 31, 2014 2013 Fair value of options granted $ 4.77 $ 2.13 Expected dividend yield — % — % Expected volatility 30.02 % 24.37 % Risk-free interest rate 1.98 % 0.97 % Expected life (in years) 6.00 6.00
Summary of activity in the Plan	Activity in the Plan during the year ended December 31, 2015 is summarized below: Weighted Average Number of shares (in thousands) Exercise price per Share Remaining contractual life (in years) Aggregate intrinsic value (in thousands) Outstanding at January 1, 2015 7,958 $ 6.96 Exercised(1) (723 ) 6.85 Outstanding at December 31, 2015 7,235 6.97 5.71 $ 80,603 Options fully vested 7,235 6.97 5.71 80,603 Exercisable at December 31, 2015 7,235 6.97 5.71 80,603 __________________________________________________ (1) Options exercised during the year ended December 31, 2015 had a weighted average fair value of $15.89 , at respective exercise dates.
Schedule of nonvested restricted stock awards	The following table provides information regarding nonvested restricted stock awards: Nonvested Restricted Stock Awards Shares (in thousands) Weighted-average grant-date fair value Nonvested at January 1, 2015 378 $ 14.44 Granted 405 $ 15.16 Vested (19 ) $ 14.44 Forfeited (38 ) $ 14.88 Nonvested at December 31, 2015 726 $ 14.82

TRANSACTIONS WITH RELATED PAR52

TRANSACTIONS WITH RELATED PARTIES (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Schedule of loans to executive officers, directors, principal shareholders and their related interests	Loans to executive officers, directors, principal shareholders and their related interests in 2015 and 2014 were as follows: For the years ended December 31, (Dollars in thousands) 2015 2014 Beginning balance $ 7,288 $ 6,965 Additional financing 186 739 Repayments (1,938 ) (416 ) Impact of changes in related parties (5,318 ) — Ending balance $ 218 $ 7,288

REGULATORY CAPITAL MATTERS (Tab

REGULATORY CAPITAL MATTERS (Tables)	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Summary of actual and required capital amounts and ratios	The following is a summary of actual and required capital amounts and ratios: Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio December 31, 2015 (Basel III Transitional) Total capital to risk-weighted assets Talmer Bancorp, Inc. (Consolidated) $ 718,666 13.0 % $ 442,170 8.0 % N/A N/A Talmer Bank and Trust 740,338 13.5 439,255 8.0 $ 549,068 10.0 % Common equity tier 1 capital Talmer Bancorp, Inc. (Consolidated) 662,668 12.0 248,721 4.5 N/A N/A Talmer Bank and Trust 684,340 12.5 247,081 4.5 356,894 6.5 Tier 1 capital to risk-weighted assets Talmer Bancorp, Inc. (Consolidated) 662,668 12.0 331,628 6.0 N/A N/A Talmer Bank and Trust 684,340 12.5 329,441 6.0 439,255 8.0 Tier 1 leverage ratio Talmer Bancorp, Inc. (Consolidated) 662,668 10.2 259,694 4.0 N/A N/A Talmer Bank and Trust 684,340 10.5 259,784 4.0 324,730 5.0 December 31, 2014 (Basel I) Total capital to risk-weighted assets Talmer Bancorp, Inc. (Consolidated) $ 720,552 16.4 % $ 350,645 8.0 % N/A N/A Talmer Bank and Trust 627,851 16.3 308,374 8.0 $ 385,468 10.0 % Talmer West Bank(1) 101,926 19.6 41,628 8.0 N/A N/A Tier 1 capital to risk-weighted assets Talmer Bancorp, Inc. (Consolidated) 666,035 15.2 175,323 4.0 N/A N/A Talmer Bank and Trust 579,604 15.0 154,187 4.0 231,281 6.0 Talmer West Bank(1) 95,656 18.4 20,814 4.0 N/A N/A Tier 1 leverage ratio Talmer Bancorp, Inc. (Consolidated) 666,035 11.6 230,546 4.0 N/A N/A Talmer Bank and Trust 579,604 11.6 200,128 4.0 250,160 5.0 Talmer West Bank(1) 95,656 12.4 30,786 4.0 N/A N/A ______________________________________________ (1) Notwithstanding its capital levels, Talmer West Bank was not categorized as well capitalized while it was subject to the Consent Order. On August 21, 2015, Talmer West Bank was merged with and into Talmer Bank and Trust.

PARENT COMPANY FINANCIAL STAT54

PARENT COMPANY FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Balance Sheets	December 31, (Dollars in thousands) 2015 2014 Assets Cash and cash equivalents $ 12,581 $ 9,497 Investment in banking subsidiaries 750,713 756,452 Income tax benefit 8,504 7,975 Other assets 994 655 Total assets $ 772,792 $ 774,579 Liabilities Short-term borrowings $ 30,000 $ — Long-term debt 15,406 10,724 Accrued expenses and other liabilities 2,171 2,248 Total liabilities 47,577 12,972 Shareholders' equity 725,215 761,607 Total liabilities and shareholders' equity $ 772,792 $ 774,579
Statements of Income	For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Income Dividend income from subsidiary $ 95,000 $ 25,000 $ 88,000 Bargain purchase gain — 41,977 71,702 Other noninterest income 48 11 481 Total income 95,048 66,988 160,183 Expenses Salaries and employee benefits 5,894 8,268 19,624 Bank acquisition and due diligence fees 1,568 2,547 8,619 Professional service fees 1,858 1,996 1,163 Insurance expense 316 718 136 Marketing expense 158 245 1,039 Interest on short-term borrowings 739 151 — Interest on long-term debt 716 508 551 Other 300 282 265 Total expenses 11,549 14,715 31,397 Income before income taxes and equity in undistributed net earnings of subsidiaries 83,499 52,273 128,786 Income tax benefit 3,946 4,945 8,568 Equity in (over)/under distributed earnings of subsidiaries (27,316 ) 33,632 (38,796 ) Net income $ 60,129 $ 90,850 $ 98,558 Total comprehensive income, net of tax $ 59,678 $ 102,696 $ 86,644
Statements of Cash Flows	For the years ended December 31, (Dollars in thousands) 2015 2014 2013 Cash flows from operating activities Net income $ 60,129 $ 90,850 $ 98,558 Adjustments to reconcile net income to net cash provided by operating activities: Equity in over/(under) distributed earnings of subsidiaries 27,316 (33,632 ) 38,796 Gain on acquisition — (41,977 ) (71,702 ) Stock-based compensation expense 795 516 8,392 Increase in income tax benefit (146 ) (2,571 ) (10,318 ) (Increase) decrease in other assets, net (145 ) 1,128 8,777 Increase (decrease) in accrued expenses and other liabilities, net (2,417 ) (2,992 ) 3,018 Net cash from operating activities 85,532 11,322 75,521 Cash flows from investing activities Cash used in acquisitions (13,323 ) (6,500 ) (45,000 ) Capital contributions to subsidiaries — (99,500 ) (179,000 ) Refund of investment 2,225 — — Net cash used in investing activities (11,098 ) (106,000 ) (224,000 ) Cash flows from financing activities Issuance of common stock — 42,074 — Issuance of common stock and restricted stock awards, including tax benefit (183 ) 100 41 Repurchase of 5.1 million common shares (74,987 ) — — Repurchase of warrants to purchase 2.5 million shares, at fair value (19,892 ) — — Cash dividends paid on common stock(1) (2,788 ) (1,410 ) — Draw on senior unsecured line of credit 30,000 — 35,000 Repayment of senior unsecured line of credit — (35,000 ) — Repayment of long-term debt (3,500 ) — — Net cash from financing activities (71,350 ) 5,764 35,041 Net increase (decrease) in cash and cash equivalents 3,084 (88,914 ) (113,438 ) Beginning cash and cash equivalents 9,497 98,411 211,849 Ending cash and cash equivalents $ 12,581 $ 9,497 $ 98,411 _________________________________________ (1) $0.04 per share and $0.02 per share for the years ended December 31, 2015 and 2014 , respectively.

EARNINGS PER COMMON SHARE (Tabl

EARNINGS PER COMMON SHARE (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of factors used in the basic and diluted earnings per share ("EPS") computation	The factors used in the earnings per share computation follow: For the years ended December 31, (In thousands, except per share data) 2015 2014 2013 Net income $ 60,129 $ 90,850 $ 98,558 Net income allocated to participating securities 556 279 — Net income allocated to common shareholders(1) $ 59,573 $ 90,571 $ 98,558 Weighted average common shares—issued 69,287 69,817 66,230 Average unvested restricted share awards (641 ) (212 ) — Weighted average common shares outstanding—basic 68,646 69,605 66,230 Effect of dilutive securities Employee and director stock options 4,240 4,032 2,485 Warrants 445 1,513 949 Weighted average common shares outstanding—diluted 73,331 75,150 69,664 EPS available to common shareholders Basic $ 0.87 $ 1.30 $ 1.49 Diluted $ 0.81 $ 1.21 $ 1.41 ________________________________________ (1) Net income allocated to common shareholders for basic and diluted earnings per share may differ under the two-class method as a result of adding common share equivalents for options and warrants to dilutive shares outstanding, which alters the ratio used to allocate net income to common shareholders and participating securities for the purposes of calculating diluted earnings per share.
Schedule of average outstanding options and warrants	The following average shares related to outstanding options and warrants to purchase shares of common stock were not included in the computation of diluted net income available to common shareholders because they were antidilutive. There were no outstanding antidilutive warrants during the years ended December 31, 2015 and 2014 and no outstanding antidilutive options during the year ended December 31, 2015. For the years ended December 31, (Shares in thousands) 2014 2013 Average outstanding options 20 40 Outstanding exercise prices: Low end $ 14.44 $ 10.00 High end $ 14.44 $ 10.00 Average outstanding warrants — 39 Outstanding exercise prices: Low end $ 10.00 High end $ 10.00

ACCUMULATED OTHER COMPREHENSI56

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of changes in accumulated other comprehensive income (loss) by component	Changes in accumulated other comprehensive income (loss) by component, net of tax, were as follows: (Dollars in thousands) Unrealized gains (losses) on securities available-for-sale, net of tax Unrealized gains (losses) on cash flow hedges, net of tax Total unrealized gains (losses), net of tax For the year ended December 31, 2015 Beginning balance $ 3,995 $ (145 ) $ 3,850 Other comprehensive loss before reclassifications (342 ) (329 ) (671 ) Amounts reclassified from accumulated other comprehensive income (64 ) (1) 284 (2) 220 Net current period other comprehensive loss (406 ) (45 ) (451 ) Ending balance $ 3,589 $ (190 ) $ 3,399 For the year ended December 31, 2014 Beginning balance $ (7,996 ) $ — $ (7,996 ) Other comprehensive income (loss) before reclassifications 10,648 (168 ) 10,480 Amounts reclassified from accumulated other comprehensive income 1,343 (1) 23 (2) 1,366 Net current period other comprehensive income (loss) 11,991 (145 ) 11,846 Ending balance $ 3,995 $ (145 ) $ 3,850 For the year ended December 31, 2013 Beginning balance $ 3,918 $ — $ 3,918 Other comprehensive loss before reclassifications (11,659 ) — (11,659 ) Amounts reclassified from accumulated other comprehensive income (255 ) (1) — (255 ) Net current period other comprehensive loss (11,914 ) — (11,914 ) Ending balance $ (7,996 ) $ — $ (7,996 ) _____________________________________ (1) Amounts are included in "Net gain (loss) on sales of securities" in the Consolidated Statements of Income within total noninterest income and were $99 thousand , $(2.1) million and $392 thousand for the years ended December 31, 2015 , 2014 and 2013 . Income tax expense (benefit) associated with the reclassification adjustments for the years ended December 31, 2015 , 2014 and 2013 was $35 thousand , $(723) thousand and $137 thousand , respectively, and are included in "Income tax provision (benefit)" in the Consolidated Statements of Income. (2) Amounts are included in "Other brokered funds" in the Consolidated Statements of Income within total interest expense and were $(437) thousand and $(37) thousand for the years ended December 31, 2015 and 2014. Income tax expense (benefit) associated with the reclassification adjustment for the years ended December 31, 2015 and 2014 was $(153) thousand and $(14) thousand and were included in "Income tax provision (benefit)" in the Consolidated Statements of Income.

SUMMARY OF QUARTERLY RESULTS 57

SUMMARY OF QUARTERLY RESULTS OF OPERATIONS (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Schedule of quarterly results of operations	The following is a summary of the unaudited quarterly results of operations for the years ended December 31, 2015 , 2014 and 2013 : 2015 (Dollars in thousands, except per share data) Fourth Quarter Third Quarter Second Quarter First Quarter Interest income $ 64,302 $ 61,050 $ 54,414 $ 55,122 Interest expense 5,924 5,403 4,805 4,090 Net interest income 58,378 55,647 49,609 51,032 Provision (benefit) for loan losses (4,583 ) 700 (7,313 ) 1,993 Noninterest income 23,575 19,342 22,098 21,430 Net loss on early termination of FDIC loss share agreements and warrant 20,364 — — — Other noninterest expense 48,238 47,829 53,293 56,595 Income before income taxes 17,934 26,460 25,727 13,874 Income tax provision (benefit) 4,821 6,425 8,179 4,441 Net income $ 13,113 $ 20,035 $ 17,548 $ 9,433 Earnings per share: Basic $ 0.20 $ 0.29 $ 0.25 $ 0.13 Diluted 0.19 0.27 0.23 0.12 2014 (Dollars in thousands, except per share data) Fourth Quarter Third Quarter Second Quarter First Quarter Interest income $ 55,002 $ 55,616 $ 55,213 $ 51,192 Interest expense 3,539 3,399 2,835 2,987 Net interest income 51,463 52,217 52,378 48,205 Provision (benefit) for loan losses 2,994 1,509 (4,102 ) 3,926 Bargain purchase gain — — — 41,977 Other noninterest income 15,834 29,974 13,951 15,763 Noninterest expense 48,098 51,263 54,071 65,448 Income before income taxes 16,205 29,419 16,360 (5,406 ) Income tax provision (benefit) 3,703 9,904 (4,246 ) (1,656 ) Net income $ 12,502 $ 19,515 $ 20,606 $ (3,750 ) Earnings per share: Basic $ 0.18 $ 0.28 $ 0.29 $ 0.56 Diluted 0.16 0.26 0.27 0.52 2013 (Dollars in thousands, except per share data) Fourth Quarter Third Quarter Second Quarter First Quarter Interest income $ 41,932 $ 46,869 $ 47,076 $ 43,845 Interest expense 2,648 2,868 3,021 3,188 Net interest income 39,284 44,001 44,055 40,657 Provision (benefit) for loan losses 3,250 2,125 (2,537 ) 2,260 Bargain purchase gain — — — 71,702 Other noninterest income 23,557 17,984 36,006 31,889 Noninterest expense 53,009 53,373 59,849 84,583 Income before income taxes 6,582 6,487 22,749 57,405 Income tax provision (benefit) (5,971 ) (4,057 ) 7,743 (3,050 ) Net income $ 12,553 $ 10,544 $ 15,006 $ 60,455 Earnings per share: Basic $ 0.19 $ 0.16 $ 0.23 $ 0.91 Diluted 0.18 0.15 0.21 0.89

SUMMARY OF SIGNIFICANT ACCOUN58

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ / shares in Units, $ in Thousands

Dec. 28, 2015USD ($)shares

Aug. 31, 2015USD ($)$ / sharesshares

Feb. 17, 2015USD ($)shares

Jul. 18, 2014item

Dec. 31, 2015USD ($)bank_branch

Sep. 30, 2015USD ($)

Jun. 30, 2015USD ($)

Mar. 31, 2015USD ($)

Dec. 31, 2015USD ($)componentbank_branchlocationshares

Dec. 31, 2014USD ($)

Dec. 31, 2013USD ($)

Dec. 27, 2012shares

Feb. 21, 2012shares

Apr. 30, 2010shares

Nature of Operations and Principles of Consolidation

Number of offices through which the Company provides financial services | location

80

Number of branches in Las Vegas | bank_branch

1

1

Stock issuances and other information

Net gain on sale of branches

$ 0

$ 14,410

$ 0

Deposits

$ 5,014,581

$ 5,014,581

4,548,863

Number of warrants repurchased (in shares) | shares

2,500,000

Stock repurchased in an underwritten public offering (in shares) | shares

5,100,000

Aggregate purchase price

$ 74,987

Warrants canceled in early termination of loss share agreement (in shares) | shares

390,000

Consideration for early termination of loss share agreements

$ 11,700

Consideration paid to terminate all outstanding warrants

4,500

19,892

0

0

Net loss on early termination of loss share with FDIC

20,400

$ 20,364

$ 0

$ 0

$ 0

$ 20,364

$ 0

$ 0

Net loss on early termination of loss share with FDIC, net of tax

13,900

Total payments to FDIC offset by release of FDIC warrant payable and FDIC clawback liability

$ 16,200

Investment Securities

Maturity period of interest-bearing deposits with other financial institutions

1 year

Number of components in which impairment amount is split | component

2

Talmer West Bank | Branch office in Albuquerque, New Mexico

Stock issuances and other information

Number of branch offices sold | item

Class A Voting Common Stock

Stock issuances and other information

Purchase price per share (usd per share) | $ / shares

$ 14.77

Aggregate purchase price

$ 75,000

Stock warrants issued in relation to April 2010 capital raise from private equity investors

Stock issuances and other information

Warrants issued (in shares) | shares

1,623,162

Stock warrants issued in relation to February 2012 capital raise from private equity investors

Stock issuances and other information

Warrants issued (in shares) | shares

109,122

Stock warrants issued in relation to December 2012 capital raise from private equity investors

Stock issuances and other information

Warrants issued (in shares) | shares

797,132

Warrants repurchase

Stock issuances and other information

Number of warrants repurchased (in shares) | shares

2,529,416

Aggregate purchase price of warrants repurchased

$ 19,900

WL Ross Funds | Class A Voting Common Stock

Stock issuances and other information

Stock repurchased in an underwritten public offering (in shares) | shares

5,077,000

Number of shares agreed to be sold (in shares) | shares

9,664,579

SUMMARY OF SIGNIFICANT ACCOUN59

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)
Loans
Period for which accrual of interest income is discontinued	90 days
Past due period of loans which are charged off	120 days
Percentage of losses incurred on covered loans for which FDIC is obligated for reimbursement pursuant to loss sharing agreements	80.00%
Percentage of expenses incurred to collect on loan which FDIC will reimburse	50.00%
Percentage of recoveries recognized from collection efforts for which entity will reimburse FDIC	50.00%
Transfer from loans held for sale to loans held for investment	$ 7
FDIC Indemnification Asset and Clawback liability
Percentage of losses absorbed by FDIC as per loss sharing agreement	80.00%
Loss share period due to FDIC (in years)	10 years
Commercial and Industrial Commercial Real Estate Residential Real Estate and Real Estate Construction Loans
Loans
Period for which accrual of interest income is discontinued	90 days
Consumer Loan
Loans
Past due period of loans which are charged off	120 days

SUMMARY OF SIGNIFICANT ACCOUN60

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3)	12 Months Ended
	Dec. 31, 2015
Buildings | Minimum
Premises and equipment
Useful lives	10 years
Buildings | Maximum
Premises and equipment
Useful lives	40 years
Furniture and Fixtures | Minimum
Premises and equipment
Useful lives	1 year
Furniture and Fixtures | Maximum
Premises and equipment
Useful lives	10 years
Software and Hardware | Minimum
Premises and equipment
Useful lives	1 year
Software and Hardware | Maximum
Premises and equipment
Useful lives	3 years

SUMMARY OF SIGNIFICANT ACCOUN61

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 4)	12 Months Ended
	Dec. 31, 2015
Covered
Other real estate owned and repossessed assets
Percentage of losses and expenses incurred assets for which FDIC is obligated for reimbursement pursuant to loss sharing agreements	80.00%

SUMMARY OF SIGNIFICANT ACCOUN62

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 5) - USD ($) $ in Thousands	Jan. 02, 2013	Jan. 01, 2013
Loans
Cumulative adjustment to retained earnings due to change in policy		$ 31
Change in accounting principle for loan servicing rights | Restatement adjustment
Loans
Cumulative adjustment to retained earnings due to change in policy	$ 31

BUSINESS COMBINATIONS (Details)

BUSINESS COMBINATIONS (Details) $ / shares in Units, $ in Thousands	Feb. 06, 2015USD ($)	Jan. 01, 2014USD ($)bank_branch	Jan. 01, 2013USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2014USD ($)	Jun. 30, 2014USD ($)	Mar. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Sep. 30, 2013USD ($)	Jun. 30, 2013USD ($)	Mar. 31, 2013USD ($)	Dec. 31, 2015USD ($)$ / shares	Dec. 31, 2014USD ($)$ / shares	Dec. 31, 2013USD ($)	Dec. 31, 2012USD ($)	Jan. 02, 2014USD ($)
BUSINESS COMBINATIONS
Valuation allowance				$ 0								$ 2,292	$ 0
Fair value of liabilities assumed:
Goodwill				0								3,524	0
Bargain purchase gain resulting from acquisition		$ 42,000		0	$ 0	$ 0	$ 41,977	$ 0	$ 0	$ 0	$ 71,702	0	41,977	$ 71,702
Information regarding acquired loans
Bank acquisition and due diligence fees														8,700
Accounted for under ASC 310-30
Information regarding acquired loans
Contractual cash flows not expected to be collected (nonaccretable difference)				259,519								226,927	259,519
Expected cash flows				1,281,482								1,019,407	1,281,482
Interest component of expected cash flows (accretable yield)				277,058								223,214	277,058
FHC
BUSINESS COMBINATIONS
Cash consideration	$ 13,395
Subordinated notes assumed, retired immediately	3,500
Interest assumed from subordinated notes and retired	1,400
Interest assumed from Trust Preferred Securities and retired	876
Acquisition related expenses												1,200
Deferred tax assets at acquisition	4,800
Consideration paid:
Cash	13,395
Fair value of identifiable assets acquired:
Cash and cash equivalents	14,205
Investment securities	34,022
Federal home loan bank stock	874
Loans	162,265
Premises and equipment	2,077
Company-owned life insurance	4,719
Other real estate owned and repossessed assets	1,260
Intangible asset	2,410
Other assets	6,462
Total identifiable assets acquired	228,294
Fair value of liabilities assumed:
Deposits	201,453
Long-term debt	13,086
Other liabilities	3,884
Total liabilities assumed	218,423
Fair value of net identifiable assets acquired	9,871
Goodwill	3,524											3,500
Information regarding acquired loans
Fair value at acquisition	162,265
FHC | Accounted for under ASC 310-30
Information regarding acquired loans
Contractual cash flows	53,807
Contractual cash flows not expected to be collected (nonaccretable difference)	8,084
Expected cash flows	45,723
Interest component of expected cash flows (accretable yield)	5,268
Fair value at acquisition	40,455
FHC | Excluded from ASC 310-30 accounting
Information regarding acquired loans
Unpaid principal balance	124,538
Fair value discount	(2,728)
Fair value at acquisition	$ 121,810
FHC | Core deposit
Fair value of liabilities assumed:
Estimated life of asset	10 years
FHC | Maximum
BUSINESS COMBINATIONS
Annual limitation on net operating loss and tax credit carryforwards	$ 366
FHC | Federal
BUSINESS COMBINATIONS
Gross federal loss carry forwards	1,700
Federal alternative minimum tax credits	303
Valuation allowance	$ 0
Financial Commerce Corporation's wholly-owned subsidiary banks and Capital Bancorp Ltd.
BUSINESS COMBINATIONS
Cash consideration		4,000
Payment to fund escrow account		$ 2,500
Percentage of capital stock purchased		100.00%
Consideration paid:
Cash		$ 4,000
Talmer West Bank
BUSINESS COMBINATIONS
Cash consideration		6,500
Acquisition related expenses												697	3,000
Valuation allowance		$ 0
Additional capital contributed in order to recapitalize						$ 99,500
Number of branches acquired that are within the entity's target market areas | bank_branch		12
Percentage of branches acquired that are within the entity's target market areas		70.00%
Consideration paid:
Cash		$ 6,500
Fair value of identifiable assets acquired:
Cash and cash equivalents		216,331
Investment securities		13,619
Federal home loan bank stock		5,933
Loans		571,666
Premises and equipment		6,724
Loan servicing rights		767
Other real estate owned and repossessed assets		30,878
Intangible asset		3,633
Other assets		62,542
Total identifiable assets acquired		912,093
Fair value of liabilities assumed:
Deposits		857,769
Other liabilities		5,847
Total liabilities assumed		863,616
Fair value of net identifiable assets acquired		48,477
Bargain purchase gain resulting from acquisition		$ 41,977
Information regarding acquired loans
Fair value at acquisition																$ 571,666
Pro Forma Combined
Net Interest and other income												321,762	393,483
Net income												$ 90,850	$ 107,289
Earnings per common share:
Basic (in dollars per share) | $ / shares												$ 1.30	$ 1.62
Diluted (in dollars per share) | $ / shares												$ 1.21	$ 1.54
Talmer West Bank | Senior unsecured line of credit
BUSINESS COMBINATIONS
Amount borrowed				$ 35,000									$ 35,000
Amount of net proceeds from the initial public offering used for repayment of debt												$ 35,000
Talmer West Bank | Accounted for under ASC 310-30
Information regarding acquired loans
Contractual cash flows																331,523
Contractual cash flows not expected to be collected (nonaccretable difference)																86,410
Expected cash flows																245,113
Interest component of expected cash flows (accretable yield)																32,764
Fair value at acquisition																212,349
Talmer West Bank | Excluded from ASC 310-30 accounting
Information regarding acquired loans
Unpaid principal balance																362,782
Fair value discount																(3,465)
Fair value at acquisition																$ 359,317
First Place Bank
BUSINESS COMBINATIONS
Cash consideration			$ 45,000
Subordinated notes assumed, retired immediately			45,000
Acquisition related expenses															$ 1,400
Additional capital contributed in order to recapitalize			179,000
Subordinated notes assumed, which are issued to Trust Preferred Issuers			60,000
Consideration paid:
Cash			45,000
Fair value of identifiable assets acquired:
Cash and cash equivalents			439,805
Investment securities			139,764
Federal home loan bank stock			12,993
Loans held-for-sale			213,946
Loans			1,530,376
Premises and equipment			22,168
Loan servicing rights			41,967
Company-owned life insurance			38,172
Other real estate owned and repossessed assets			18,448
Intangible asset			9,816
Other assets			128,278
Total identifiable assets acquired			2,595,733
Fair value of liabilities assumed:
Deposits			2,121,258
Short-term borrowings			21,892
Long-term debt			312,956
Other liabilities			22,925
Total liabilities assumed			2,479,031
Fair value of net identifiable assets acquired			116,702
Bargain purchase gain resulting from acquisition			$ 71,702
Estimated life of asset			10 years
Information regarding acquired loans
Fair value at acquisition			$ 1,530,376
Bank acquisition and due diligence fees														$ 8,300
First Place Bank | Accounted for under ASC 310-30
Information regarding acquired loans
Contractual cash flows			738,639
Contractual cash flows not expected to be collected (nonaccretable difference)			150,008
Expected cash flows			588,631
Interest component of expected cash flows (accretable yield)			158,221
Fair value at acquisition			430,410
First Place Bank | Excluded from ASC 310-30 accounting
Information regarding acquired loans
Unpaid principal balance			1,094,223
Fair value premium			(5,743)
Fair value at acquisition			$ 1,099,966

FAIR VALUE (Details)

FAIR VALUE (Details)	12 Months Ended
	Dec. 31, 2015
General disclosure on fair value
Percentage of available for sale securities that are categorized as Level 3	1.00%
Minimum
General disclosure on fair value
Adjustments to other real estate owned values during the appraisal process (as a percent)	0.00%
Maximum
General disclosure on fair value
Adjustments to other real estate owned values during the appraisal process (as a percent)	40.00%

FAIR VALUE (Details 2)

FAIR VALUE (Details 2)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Period of expected receipt of payment for FDIC receivable	90 days

FAIR VALUE (Details 3)

FAIR VALUE (Details 3) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Fair Value
Securities available-for-sale	$ 890,770,000	$ 740,819,000
Loans held for sale	58,223,000	93,453,000
Loan servicing rights	58,113,000	70,598,000	$ 78,603,000	$ 5,657,000
Transfers between levels within the fair value hierarchy
Transfers of assets from level 1 to level 2	0	0
Transfers of assets from level 2 to level 1	0	0
Transfers of liabilities from level 1 to level 2	0	0
Transfers of liabilities from level 2 to level 1	0	0
U.S. government sponsored agency obligations
Fair Value
Securities available-for-sale	60,022,000	98,358,000
Taxable obligations of state and political subdivision
Fair Value
Securities available-for-sale	1,321,000	397,000
Tax exempt
Fair Value
Securities available-for-sale	287,208,000	232,259,000
SBA Pools
Fair Value
Securities available-for-sale	27,925,000	33,933,000
Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises
Fair Value
Securities available-for-sale	309,306,000	291,759,000
Privately issued
Fair Value
Securities available-for-sale	89,450,000	18,800,000
Privately issued commercial mortgage-backed securities
Fair Value
Securities available-for-sale	13,705,000	5,130,000
Corporate debt securities
Fair Value
Securities available-for-sale	101,833,000	60,183,000
Recurring basis | Level 1
Fair Value
Securities available-for-sale	0	0
Loans held for sale	0	0
Loan servicing rights	0	0
Derivative assets	0	0
Total assets at fair value	0	0
Derivative liabilities	0	0
Total liabilities at fair value	0	0
Recurring basis | Level 1 | Residential real estate
Fair Value
Loans held for investment, recorded at fair value	0	0
Recurring basis | Level 1 | Real estate construction
Fair Value
Loans held for investment, recorded at fair value		0
Recurring basis | Level 1 | U.S. government sponsored agency obligations
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 1 | Taxable obligations of state and political subdivision
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 1 | Tax exempt
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 1 | SBA Pools
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 1 | Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 1 | Privately issued
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 1 | Privately issued commercial mortgage-backed securities
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 1 | Corporate debt securities
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 2
Fair Value
Securities available-for-sale	890,452,000	736,997,000
Loans held for sale	58,223,000	93,453,000
Loan servicing rights	0	0
Derivative assets	5,468,000	3,077,000
Total assets at fair value	954,143,000	833,527,000
Derivative liabilities	4,579,000	2,502,000
Total liabilities at fair value	4,579,000	2,502,000
Recurring basis | Level 2 | Residential real estate
Fair Value
Loans held for investment, recorded at fair value	0	0
Recurring basis | Level 2 | Real estate construction
Fair Value
Loans held for investment, recorded at fair value		0
Recurring basis | Level 2 | U.S. government sponsored agency obligations
Fair Value
Securities available-for-sale	60,022,000	98,358,000
Recurring basis | Level 2 | Taxable obligations of state and political subdivision
Fair Value
Securities available-for-sale	1,003,000	0
Recurring basis | Level 2 | Tax exempt
Fair Value
Securities available-for-sale	287,208,000	232,259,000
Recurring basis | Level 2 | SBA Pools
Fair Value
Securities available-for-sale	27,925,000	33,933,000
Recurring basis | Level 2 | Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises
Fair Value
Securities available-for-sale	309,306,000	291,759,000
Recurring basis | Level 2 | Privately issued
Fair Value
Securities available-for-sale	89,450,000	18,800,000
Recurring basis | Level 2 | Privately issued commercial mortgage-backed securities
Fair Value
Securities available-for-sale	13,705,000	5,130,000
Recurring basis | Level 2 | Corporate debt securities
Fair Value
Securities available-for-sale	101,833,000	56,758,000
Recurring basis | Level 3
Fair Value
Securities available-for-sale	318,000	3,822,000
Loans held for sale	0	0
Loan servicing rights	58,113,000	70,598,000
Derivative assets	0	0
Total assets at fair value	80,664,000	93,946,000
Derivative liabilities	0	0
Total liabilities at fair value	0	0
Recurring basis | Level 3 | Residential real estate
Fair Value
Loans held for investment, recorded at fair value	22,233,000	18,311,000
Recurring basis | Level 3 | Real estate construction
Fair Value
Loans held for investment, recorded at fair value		1,215,000
Recurring basis | Level 3 | U.S. government sponsored agency obligations
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 3 | Taxable obligations of state and political subdivision
Fair Value
Securities available-for-sale	318,000	397,000
Recurring basis | Level 3 | Tax exempt
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 3 | SBA Pools
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 3 | Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 3 | Privately issued
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 3 | Privately issued commercial mortgage-backed securities
Fair Value
Securities available-for-sale	0	0
Recurring basis | Level 3 | Corporate debt securities
Fair Value
Securities available-for-sale	0	3,425,000
Forward contracts related to mortgage loans to be delivered for sale | Recurring basis
Fair Value
Derivative liabilities	0	0
Forward contracts related to mortgage loans to be delivered for sale | Recurring basis | Level 2
Fair Value
Derivative liabilities	38,000	803,000
Forward contracts related to mortgage loans to be delivered for sale | Recurring basis | Level 3
Fair Value
Derivative liabilities	0	0
Interest rate lock commitments | Recurring basis | Level 1
Fair Value
Derivative assets	0	0
Interest rate lock commitments | Recurring basis | Level 2
Fair Value
Derivative assets	1,220,000	1,489,000
Interest rate lock commitments | Recurring basis | Level 3
Fair Value
Derivative assets	0	0
Customer-initiated derivatives | Recurring basis | Level 1
Fair Value
Derivative assets	0	0
Derivative liabilities	0	0
Customer-initiated derivatives | Recurring basis | Level 2
Fair Value
Derivative assets	4,143,000	1,588,000
Derivative liabilities	4,144,000	1,477,000
Customer-initiated derivatives | Recurring basis | Level 3
Fair Value
Derivative assets	0	0
Derivative liabilities	0	0
Risk management derivatives | Recurring basis | Level 1
Fair Value
Derivative assets	0
Derivative liabilities	0	0
Risk management derivatives | Recurring basis | Level 2
Fair Value
Derivative assets	105,000
Derivative liabilities	397,000	222,000
Risk management derivatives | Recurring basis | Level 3
Fair Value
Derivative assets	0
Derivative liabilities	0	0
Total | Recurring basis
Fair Value
Securities available-for-sale	890,770,000	740,819,000
Loans held for sale	58,223,000	93,453,000
Loan servicing rights	58,113,000	70,598,000
Derivative assets	5,468,000	3,077,000
Total assets at fair value	1,034,807,000	927,473,000
Derivative liabilities	4,579,000	2,502,000
Total liabilities at fair value	4,579,000	2,502,000
Total | Recurring basis | Residential real estate
Fair Value
Loans held for investment, recorded at fair value	22,233,000	18,311,000
Total | Recurring basis | Real estate construction
Fair Value
Loans held for investment, recorded at fair value		1,215,000
Total | Recurring basis | U.S. government sponsored agency obligations
Fair Value
Securities available-for-sale	60,022,000	98,358,000
Total | Recurring basis | Taxable obligations of state and political subdivision
Fair Value
Securities available-for-sale	1,321,000	397,000
Total | Recurring basis | Tax exempt
Fair Value
Securities available-for-sale	287,208,000	232,259,000
Total | Recurring basis | SBA Pools
Fair Value
Securities available-for-sale	27,925,000	33,933,000
Total | Recurring basis | Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises
Fair Value
Securities available-for-sale	309,306,000	291,759,000
Total | Recurring basis | Privately issued
Fair Value
Securities available-for-sale	89,450,000	18,800,000
Total | Recurring basis | Privately issued commercial mortgage-backed securities
Fair Value
Securities available-for-sale	13,705,000	5,130,000
Total | Recurring basis | Corporate debt securities
Fair Value
Securities available-for-sale	101,833,000	60,183,000
Total | Forward contracts related to mortgage loans to be delivered for sale | Recurring basis
Fair Value
Derivative liabilities	38,000	803,000
Total | Interest rate lock commitments | Recurring basis
Fair Value
Derivative assets	1,220,000	1,489,000
Total | Customer-initiated derivatives | Recurring basis
Fair Value
Derivative assets	4,143,000	1,588,000
Derivative liabilities	4,144,000	1,477,000
Total | Risk management derivatives | Recurring basis
Fair Value
Derivative assets	105,000
Derivative liabilities	$ 397,000	$ 222,000

FAIR VALUE (Details 4)

FAIR VALUE (Details 4) - Recurring basis - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Loans held for investment
Changes in Level 3 assets during period
Balance, beginning of period	$ 19,526	$ 17,708
Transfers between levels within fair value hierarchy	0
Additions due to acquisition		0
Transfers from loans held for sale	6,959	3,505
Total gains (losses) recorded in OCI)(pre-tax)		0
Purchases		0
New originations	0	0
Reductions from loans and servicing rights sold	0	0
Repayments	(4,149)	(2,559)
Draws on previously issued lines of credits		128
Balance, end of period	22,233	19,526
Loans held for investment | Interest on investments
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	0	0
Loans held for investment | Net gain on sales of loans
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	234	75
Loans held for investment | Mortgage banking and other loan fees
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	(337)	669
Loan servicing rights
Changes in Level 3 assets during period
Balance, beginning of period	70,598	78,603
Transfers between levels within fair value hierarchy	0
Additions due to acquisition		767
Transfers from loans held for sale	0	0
Total gains (losses) recorded in OCI)(pre-tax)		0
Purchases		0
New originations	10,864	9,036
Reductions from loans and servicing rights sold	(12,702)	(771)
Repayments	0	0
Draws on previously issued lines of credits		0
Balance, end of period	58,113	70,598
Loan servicing rights | Interest on investments
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	0	0
Loan servicing rights | Net gain on sales of loans
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	0	0
Loan servicing rights | Mortgage banking and other loan fees
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	(10,647)	(17,037)
Taxable obligations of state and political subdivision
Changes in Level 3 assets during period
Balance, beginning of period	397	396
Transfers between levels within fair value hierarchy	0
Additions due to acquisition		0
Transfers from loans held for sale	0	0
Total gains (losses) recorded in OCI)(pre-tax)		0
Purchases		0
New originations	0	0
Reductions from loans and servicing rights sold	0	0
Repayments	(80)	0
Draws on previously issued lines of credits		0
Balance, end of period	318	397
Taxable obligations of state and political subdivision | Interest on investments
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	1	1
Taxable obligations of state and political subdivision | Net gain on sales of loans
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	0	0
Taxable obligations of state and political subdivision | Mortgage banking and other loan fees
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	0	0
Corporate debt securities
Changes in Level 3 assets during period
Balance, beginning of period	3,425	405
Transfers between levels within fair value hierarchy	(3,425)
Additions due to acquisition		0
Transfers from loans held for sale	0	0
Total gains (losses) recorded in OCI)(pre-tax)		16
Purchases		3,000
New originations	0	0
Reductions from loans and servicing rights sold	0	0
Repayments	0	0
Draws on previously issued lines of credits		0
Balance, end of period	0	3,425
Corporate debt securities | Interest on investments
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	0	4
Corporate debt securities | Net gain on sales of loans
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	0	0
Corporate debt securities | Mortgage banking and other loan fees
Changes in Level 3 assets during period
Total gains (losses) recorded in earnings (realized)	$ 0	$ 0

FAIR VALUE (Details 5)

FAIR VALUE (Details 5) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Loans held for investment measured and recorded at fair value
Aggregate fair value	$ 22,233	$ 19,526
Contractual balance	21,910	19,100
Fair market value gain	323	426
Aggregate fair value of loans held for investment that are 90 days or more past due	275	155
Fair Value
Nonaccrual status of loans that were 90 days or more past due	275	155
Interest income earned on loans transferred from loans held for sale to loans held for investment	831	604	$ 108
Nonaccrual status of loans held for sale that were 90 days or more past due	7	0
90 days or more past due
Fair Value
Contractual principal balance of loans held for investment that are 90 days or more past due	$ 364	$ 191

FAIR VALUE (Details 6)

FAIR VALUE (Details 6) - Loans held for investment - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net gain on sales of loans
Gains/(losses) from changes in fair value included in earnings	$ 234	$ 75	$ (193)
Mortgage banking and other loan fees
Gains/(losses) from changes in fair value included in earnings	$ (337)	$ 669	$ 0

FAIR VALUE (Details 7)

FAIR VALUE (Details 7) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Other information with respect to fair value
Aggregate fair value	$ 58,223	$ 93,453
Contractual balance	55,911	89,138
Unrealized gain	$ 2,312	$ 4,315

FAIR VALUE (Details 8)

FAIR VALUE (Details 8) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair Value
Total included in earnings	$ 17,934	$ 26,460	$ 25,727	$ 13,874	$ 16,205	$ 29,419	$ 16,360	$ (5,406)	$ 6,582	$ 6,487	$ 22,749	$ 57,405	$ 83,995	$ 98,555	$ 93,223
Loans held for sale
Fair Value
Change in fair value													(2,003)	1,630	(2,940)
Loans held for sale | Interest income
Fair Value
Interest income													3,707	5,151	4,660
Loans held for sale | Net gain on sales of loans
Fair Value
Total included in earnings													$ 1,704	$ 6,781	$ 1,720

FAIR VALUE (Details 9)

FAIR VALUE (Details 9) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Other real estate owned
Total OREO	$ 22,930	$ 38,908	$ 29,955	$ 24,703
Non-recurring basis
Fair Value
Impaired loans	20,100
Other real estate owned
Amount charged through other non-interest expense to reduce the fair value of repossessed assets	1,100	460
Valuation allowance to reduce the fair value of repossessed assets	5,100	460
Amount charged through other noninterest expenses on premises and equipment	1,100	185
Impaired loans
Specific reserves for impaired loans, nonrecurring	4,400	2,900
Charge-offs for impaired loans, nonrecurring	306	32
Non-recurring basis | Level 1
Fair Value
Impaired loans	0	0
Other real estate owned
Repossessed assets	0	0
Premises and equipment:	0	0
Total assets at fair value	0	0
Non-recurring basis | Level 1 | Real estate construction
Fair Value
Impaired loans	0
Non-recurring basis | Level 1 | Commercial real estate
Fair Value
Impaired loans	0
Non-recurring basis | Level 1 | Residential real estate
Fair Value
Impaired loans	0
Non-recurring basis | Level 1 | Commercial and industrial
Fair Value
Impaired loans	0
Non-recurring basis | Level 1 | Consumer
Fair Value
Impaired loans	0
Non-recurring basis | Level 2
Fair Value
Impaired loans	0	0
Other real estate owned
Repossessed assets	0	0
Premises and equipment:	0	0
Total assets at fair value	0	0
Non-recurring basis | Level 2 | Real estate construction
Fair Value
Impaired loans	0
Non-recurring basis | Level 2 | Commercial real estate
Fair Value
Impaired loans	0
Non-recurring basis | Level 2 | Residential real estate
Fair Value
Impaired loans	0
Non-recurring basis | Level 2 | Commercial and industrial
Fair Value
Impaired loans	0
Non-recurring basis | Level 2 | Consumer
Fair Value
Impaired loans	0
Non-recurring basis | Level 3
Fair Value
Impaired loans	20,076	8,106
Other real estate owned
Repossessed assets	5,038	9,654
Premises and equipment:	1,575	675
Total assets at fair value	31,251	31,912
Non-recurring basis | Level 3 | Real estate construction
Fair Value
Impaired loans	195
Non-recurring basis | Level 3 | Commercial real estate
Fair Value
Impaired loans	2,960
Non-recurring basis | Level 3 | Residential real estate
Fair Value
Impaired loans	5,381
Non-recurring basis | Level 3 | Commercial and industrial
Fair Value
Impaired loans	11,522
Non-recurring basis | Level 3 | Consumer
Fair Value
Impaired loans	18
Non-recurring basis | Uncovered
Other real estate owned
Amount charged through other non-interest expense to reduce the fair value of other real estate	3,200	4,000
Non-recurring basis | Uncovered | Level 1
Fair Value
Impaired loans		0
Other real estate owned
Total OREO	0	0
Non-recurring basis | Uncovered | Level 1 | Commercial real estate
Fair Value
Impaired loans		0
Non-recurring basis | Uncovered | Level 1 | Residential real estate
Fair Value
Impaired loans		0
Non-recurring basis | Uncovered | Level 1 | Commercial and industrial
Fair Value
Impaired loans		0
Non-recurring basis | Uncovered | Level 1 | Consumer
Fair Value
Impaired loans		0
Non-recurring basis | Uncovered | Level 2
Fair Value
Impaired loans		0
Other real estate owned
Total OREO	0	0
Non-recurring basis | Uncovered | Level 2 | Commercial real estate
Fair Value
Impaired loans		0
Non-recurring basis | Uncovered | Level 2 | Residential real estate
Fair Value
Impaired loans		0
Non-recurring basis | Uncovered | Level 2 | Commercial and industrial
Fair Value
Impaired loans		0
Non-recurring basis | Uncovered | Level 2 | Consumer
Fair Value
Impaired loans		0
Non-recurring basis | Uncovered | Level 3
Fair Value
Impaired loans		7,604
Other real estate owned
Total OREO	4,562	9,670
Non-recurring basis | Uncovered | Level 3 | Commercial real estate
Fair Value
Impaired loans		4,115
Non-recurring basis | Uncovered | Level 3 | Residential real estate
Fair Value
Impaired loans		2,898
Non-recurring basis | Uncovered | Level 3 | Commercial and industrial
Fair Value
Impaired loans		579
Non-recurring basis | Uncovered | Level 3 | Consumer
Fair Value
Impaired loans		12
Non-recurring basis | Covered
Other real estate owned
Amount charged through other non-interest expense to reduce the fair value of other real estate		1,700
Non-recurring basis | Covered | Level 1
Fair Value
Impaired loans		0
Other real estate owned
Total OREO		0
Non-recurring basis | Covered | Level 1 | Residential real estate
Fair Value
Impaired loans		0
Non-recurring basis | Covered | Level 1 | Commercial and industrial
Fair Value
Impaired loans		0
Non-recurring basis | Covered | Level 2
Fair Value
Impaired loans		0
Other real estate owned
Total OREO		0
Non-recurring basis | Covered | Level 2 | Residential real estate
Fair Value
Impaired loans		0
Non-recurring basis | Covered | Level 2 | Commercial and industrial
Fair Value
Impaired loans		0
Non-recurring basis | Covered | Level 3
Fair Value
Impaired loans		502
Other real estate owned
Total OREO		3,807
Non-recurring basis | Covered | Level 3 | Residential real estate
Fair Value
Impaired loans		152
Non-recurring basis | Covered | Level 3 | Commercial and industrial
Fair Value
Impaired loans		350
Non-recurring basis | Total
Fair Value
Impaired loans	20,076	8,106
Other real estate owned
Repossessed assets	5,038	9,654
Premises and equipment:	1,575	675
Total assets at fair value	31,251	31,912
Non-recurring basis | Total | Real estate construction
Fair Value
Impaired loans	195
Non-recurring basis | Total | Commercial real estate
Fair Value
Impaired loans	2,960
Non-recurring basis | Total | Residential real estate
Fair Value
Impaired loans	5,381
Non-recurring basis | Total | Commercial and industrial
Fair Value
Impaired loans	11,522
Non-recurring basis | Total | Consumer
Fair Value
Impaired loans	18
Non-recurring basis | Total | Uncovered
Fair Value
Impaired loans		7,604
Other real estate owned
Total OREO	$ 4,562	9,670
Non-recurring basis | Total | Uncovered | Commercial real estate
Fair Value
Impaired loans		4,115
Non-recurring basis | Total | Uncovered | Residential real estate
Fair Value
Impaired loans		2,898
Non-recurring basis | Total | Uncovered | Commercial and industrial
Fair Value
Impaired loans		579
Non-recurring basis | Total | Uncovered | Consumer
Fair Value
Impaired loans		12
Non-recurring basis | Total | Covered
Fair Value
Impaired loans		502
Other real estate owned
Total OREO		3,807
Non-recurring basis | Total | Covered | Residential real estate
Fair Value
Impaired loans		152
Non-recurring basis | Total | Covered | Commercial and industrial
Fair Value
Impaired loans		$ 350

FAIR VALUE (Details 10)

FAIR VALUE (Details 10) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financial assets:
FDIC indemnification asset	$ 0	$ 67,026	$ 131,861
FDIC receivable	0	6,062	$ 7,783
Company-owned life insurance	107,065	97,782
Security held-to-maturity	1,678	1,226
Deposits:
Time deposits	1,609,895	1,188,178
Total deposits	5,014,581	4,548,863
Loans and other liabilities:
FDIC clawback liability	0	26,905
Short-term borrowings	348,998	135,743
Long-term debt	464,057	353,972
FDIC warrants payable	0	4,633
Deferred compensation plan liabilities	2,000	587
Other brokered funds	228,764	642,185
Recurring basis
Loans and other liabilities:
Impaired loans	22,200
Other brokered funds	61,200	72,300
Non-recurring basis
Loans and other liabilities:
Impaired loans	20,100
Level 1 | Recurring basis
Financial assets:
Cash and cash equivalents	74,734	86,185
Net loans, excluding covered loans	0	0
Net covered loans		0
Accrued interest receivable	0	0
FDIC indemnification asset		0
FDIC receivable		0
Company-owned life insurance	0	0
Security held-to-maturity	0	0
Deposits:
Savings and demand deposits	0	0
Time deposits	0	0
Total deposits	0	0
Loans and other liabilities:
FDIC clawback liability		0
Short-term borrowings	0	0
Long-term debt	0	0
FDIC warrants payable		0
Accrued interest payable	0	0
Deferred compensation plan liabilities	0	0
Level 1 | Non-recurring basis
Loans and other liabilities:
Impaired loans	0	0
Level 2 | Recurring basis
Financial assets:
Cash and cash equivalents	312,589	167,551
Net loans, excluding covered loans	0	0
Net covered loans		0
Accrued interest receivable	15,646	12,553
FDIC indemnification asset		0
FDIC receivable		6,062
Company-owned life insurance	107,065	97,782
Security held-to-maturity	0	0
Deposits:
Savings and demand deposits	3,343,478	3,288,414
Time deposits	1,670,058	1,260,453
Total deposits	5,013,536	4,548,867
Loans and other liabilities:
FDIC clawback liability		0
Short-term borrowings	348,998	135,743
Long-term debt	456,746	348,373
FDIC warrants payable		0
Accrued interest payable	3,568	1,476
Deferred compensation plan liabilities	1,982	587
Level 2 | Non-recurring basis
Loans and other liabilities:
Impaired loans	0	0
Level 3 | Recurring basis
Financial assets:
Cash and cash equivalents	0	0
Net loans, excluding covered loans	4,827,556	3,948,847
Net covered loans		420,627
Accrued interest receivable	0	0
FDIC indemnification asset		34,572
FDIC receivable		0
Company-owned life insurance	0	0
Security held-to-maturity	1,678	1,226
Deposits:
Savings and demand deposits	0	0
Time deposits	0	0
Total deposits	0	0
Loans and other liabilities:
FDIC clawback liability		26,905
Short-term borrowings	0	0
Long-term debt	0	0
FDIC warrants payable		4,633
Accrued interest payable	0	0
Deferred compensation plan liabilities	0	0
Level 3 | Non-recurring basis
Loans and other liabilities:
Impaired loans	20,076	8,106
Carrying Value | Recurring basis
Financial assets:
Cash and cash equivalents	387,323	253,736
Federal Home Loan Bank stock	29,621	20,212
Net loans, excluding covered loans	4,752,747	3,868,818
Net covered loans		325,137
Accrued interest receivable	15,646	12,533
FDIC indemnification asset		67,026
FDIC receivable		6,062
Company-owned life insurance	107,065	97,782
Security held-to-maturity	1,678	1,226
Deposits:
Savings and demand deposits	3,343,478	3,288,414
Time deposits	1,671,103	1,260,449
Total deposits	5,014,581	4,548,863
Loans and other liabilities:
FDIC clawback liability		26,905
Short-term borrowings	348,998	135,743
Long-term debt	464,057	353,972
FDIC warrants payable		4,633
Accrued interest payable	3,568	1,476
Deferred compensation plan liabilities	1,982	587
Total | Recurring basis
Financial assets:
Cash and cash equivalents	387,323	253,736
Net loans, excluding covered loans	4,827,556	3,948,847
Net covered loans		420,627
Accrued interest receivable	15,646	12,553
FDIC indemnification asset		34,572
FDIC receivable		6,062
Company-owned life insurance	107,065	97,782
Security held-to-maturity	1,678	1,226
Deposits:
Savings and demand deposits	3,343,478	3,288,414
Time deposits	1,670,058	1,260,453
Total deposits	5,013,536	4,548,867
Loans and other liabilities:
FDIC clawback liability		26,905
Short-term borrowings	348,998	135,743
Long-term debt	456,746	348,373
FDIC warrants payable		4,633
Accrued interest payable	3,568	1,476
Deferred compensation plan liabilities	1,982	587
Total | Non-recurring basis
Loans and other liabilities:
Impaired loans	20,076	8,106
Uncovered
Loans and other liabilities:
Impaired loans	82,664	41,428
Uncovered | Recurring basis
Loans and other liabilities:
Impaired loans		19,500
Uncovered | Non-recurring basis
Loans and other liabilities:
Impaired loans		7,600
Covered loans
Loans and other liabilities:
Impaired loans	$ 0	35,321
Covered loans | Non-recurring basis
Loans and other liabilities:
Impaired loans		$ 502

SECURITIES (Details)

SECURITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Securities available-for-sale:
Total available-for-sale securities, amortized cost	$ 885,249	$ 734,674
Gross Unrealized Gains	8,438	7,703
Gross Unrealized Losses	(2,917)	(1,558)
Fair Value	890,770	740,819
Held-to-maturity:
Total securities held-to-maturity, amortized cost	1,678	1,226
Gross Unrecognized Gains	0	0
Gross Unrecognized Losses	0	0
Fair Value	1,678	1,226
U.S. government sponsored agency obligations
Securities available-for-sale:
Total available-for-sale securities, amortized cost	59,414	97,746
Gross Unrealized Gains	614	791
Gross Unrealized Losses	(6)	(179)
Fair Value	60,022	98,358
Taxable obligations of state and political subdivision
Securities available-for-sale:
Total available-for-sale securities, amortized cost	1,318	397
Gross Unrealized Gains	3	0
Gross Unrealized Losses	0	0
Fair Value	1,321	397
Tax exempt
Securities available-for-sale:
Total available-for-sale securities, amortized cost	282,366	229,404
Gross Unrealized Gains	5,312	3,578
Gross Unrealized Losses	(470)	(723)
Fair Value	287,208	232,259
SBA Pools
Securities available-for-sale:
Total available-for-sale securities, amortized cost	27,561	33,824
Gross Unrealized Gains	368	209
Gross Unrealized Losses	(4)	(100)
Fair Value	27,925	33,933
Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises
Securities available-for-sale:
Total available-for-sale securities, amortized cost	308,396	289,156
Gross Unrealized Gains	2,014	2,886
Gross Unrealized Losses	(1,104)	(283)
Fair Value	309,306	291,759
Privately issued
Securities available-for-sale:
Total available-for-sale securities, amortized cost	90,084	18,814
Gross Unrealized Gains	0	27
Gross Unrealized Losses	(634)	(41)
Fair Value	89,450	18,800
Privately issued commercial mortgage-backed securities
Securities available-for-sale:
Total available-for-sale securities, amortized cost	13,826	5,127
Gross Unrealized Gains	0	3
Gross Unrealized Losses	(121)	0
Fair Value	13,705	5,130
Corporate debt securities
Securities available-for-sale:
Total available-for-sale securities, amortized cost	102,284	60,206
Gross Unrealized Gains	127	209
Gross Unrealized Losses	(578)	(232)
Fair Value	$ 101,833	$ 60,183

SECURITIES (Details 2)

SECURITIES (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Information with respect to proceeds from sales of securities and the associated gains and losses
Proceeds	$ 55,665	$ 82,496	$ 31,667
Gross gains	412	248	420
Gross losses	$ (313)	$ (2,314)	$ (28)

SECURITIES (Details 3)

SECURITIES (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Securities with contractual maturities, Amortized Cost:
Within one year	$ 6,247
After one year through five years	144,865
After five years through ten years	198,892
After ten years	535,245
Total available-for-sale securities, amortized cost	885,249	$ 734,674
Securities with contractual maturities, Fair Value:
Within one year	6,281
After one year through five years	146,066
After five years through ten years	200,943
After ten years	537,480
Total securities available-for-sale	890,770	740,819
Securities held-to-maturity: Amortized Cost
After one year through five years	1,678
Total securities held-to-maturity, amortized cost	1,678	1,226
Securities held-to-maturity: Fair Value
After one year through five years	1,678
Total securities held-to-maturity	1,678	1,226
Available-for-sale securities pledged as collateral
Securities with amortized cost pledged to secure borrowings and deposits	$ 390,500	$ 337,800

SECURITIES (Details 4)

SECURITIES (Details 4) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)security	Dec. 31, 2014USD ($)
Less than 12 Months
Fair Value	$ 353,736	$ 99,480
Unrealized losses	(2,784)	(552)
More than 12 Months
Fair Value	7,388	102,434
Unrealized losses	(133)	(1,006)
Total
Fair Value	361,124	201,914
Unrealized losses	$ (2,917)	(1,558)
Other information with respect to available-for-sale securities
Number of securities in portfolio | security	339
Number of securities in an unrealized loss position | security	95
Securities of any one issuer, other than U.S. Government, greater than 10% of shareholders equity	$ 0	0
Accumulated gross unrealized losses	2,900
U.S. government sponsored agency obligations
Less than 12 Months
Fair Value	9,994	0
Unrealized losses	(6)	0
More than 12 Months
Fair Value	0	14,821
Unrealized losses	0	(179)
Total
Fair Value	9,994	14,821
Unrealized losses	(6)	(179)
Tax exempt
Less than 12 Months
Fair Value	46,062	31,054
Unrealized losses	(357)	(260)
More than 12 Months
Fair Value	6,957	33,650
Unrealized losses	(113)	(463)
Total
Fair Value	53,019	64,704
Unrealized losses	(470)	(723)
SBA Pools
Less than 12 Months
Fair Value	1,521	1,844
Unrealized losses	(4)	(4)
More than 12 Months
Fair Value	0	17,682
Unrealized losses	0	(96)
Total
Fair Value	1,521	19,526
Unrealized losses	(4)	(100)
Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises
Less than 12 Months
Fair Value	118,509	36,261
Unrealized losses	(1,104)	(85)
More than 12 Months
Fair Value	0	27,361
Unrealized losses	0	(198)
Total
Fair Value	118,509	63,622
Unrealized losses	(1,104)	(283)
Privately issued
Less than 12 Months
Fair Value	89,450	7,801
Unrealized losses	(634)	(41)
More than 12 Months
Fair Value	0	8
Unrealized losses	0	0
Total
Fair Value	89,450	7,809
Unrealized losses	(634)	(41)
Privately issued commercial mortgage-backed securities
Less than 12 Months
Fair Value	13,706
Unrealized losses	(121)
More than 12 Months
Fair Value	0
Unrealized losses	0
Total
Fair Value	13,706
Unrealized losses	(121)
Corporate debt securities
Less than 12 Months
Fair Value	74,494	22,520
Unrealized losses	(558)	(162)
More than 12 Months
Fair Value	431	8,912
Unrealized losses	(20)	(70)
Total
Fair Value	74,925	31,432
Unrealized losses	$ (578)	$ (232)

LOANS (Details)

LOANS (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Loans
Total		$ 4,806,700	$ 4,249,127
Deferred fees and costs		$ 1,900	4,600
Minimum
Loans
Term of finance		15 years
Maximum
Loans
Term of finance		30 years
Covered loans
Loans
Total covered loans		$ 0	346,490
Covered loans | Accounted for under ASC 310-30
Loans
Total covered loans		0	289,037
Covered loans | Excluded from ASC 310-30 accounting
Loans
Total covered loans		0	57,453
Total loans			57,453
Uncovered
Loans
Total loans		4,806,700	3,902,637
Uncovered | Accounted for under ASC 310-30
Loans
Total loans		569,266	455,868
Uncovered | Excluded from ASC 310-30 accounting
Loans
Total loans		4,237,434	3,446,769
Commercial real estate
Loans
Total loans		1,568,097	1,310,938
Total		1,568,097	1,497,600
Commercial real estate | Covered loans
Loans
Total covered loans		0	186,662
Commercial real estate | Covered loans | Accounted for under ASC 310-30
Loans
Total covered loans		0	160,886
Commercial real estate | Covered loans | Excluded from ASC 310-30 accounting
Loans
Total covered loans		0	25,776
Total loans			25,776
Commercial real estate | Uncovered
Loans
Total loans		1,568,097	1,310,938
Commercial real estate | Uncovered | Accounted for under ASC 310-30
Loans
Total loans		250,497	190,148
Commercial real estate | Uncovered | Excluded from ASC 310-30 accounting
Loans
Total loans		1,317,600	1,120,790
Residential real estate
Loans
Total loans		1,547,799	1,426,012
Total	[1]	1,547,799	1,534,238
Residential real estate | Covered loans
Loans
Total covered loans		0	108,226
Residential real estate | Covered loans | Accounted for under ASC 310-30
Loans
Total covered loans		0	86,515
Residential real estate | Covered loans | Excluded from ASC 310-30 accounting
Loans
Total covered loans		0	21,711
Total loans			21,711
Residential real estate | Uncovered
Loans
Total loans		1,547,799	1,426,012
Residential real estate | Uncovered | Accounted for under ASC 310-30
Loans
Total loans		273,845	239,523
Residential real estate | Uncovered | Excluded from ASC 310-30 accounting
Loans
Total loans		1,273,954	1,186,489
Commercial and industrial
Loans
Total loans		1,257,406	869,477
Total		1,257,406	902,125
Commercial and industrial | Covered loans
Loans
Total covered loans		0	32,648
Commercial and industrial | Covered loans | Accounted for under ASC 310-30
Loans
Total covered loans		0	23,752
Commercial and industrial | Covered loans | Excluded from ASC 310-30 accounting
Loans
Total covered loans		0	8,896
Total loans			8,896
Commercial and industrial | Uncovered
Loans
Total loans		1,257,406	869,477
Commercial and industrial | Uncovered | Accounted for under ASC 310-30
Loans
Total loans		24,724	15,499
Commercial and industrial | Uncovered | Excluded from ASC 310-30 accounting
Loans
Total loans		1,232,682	853,978
Real estate construction
Loans
Total loans		241,603	131,686
Total	[1]	241,603	141,075
Real estate construction | Covered loans
Loans
Total covered loans		0	9,389
Real estate construction | Covered loans | Accounted for under ASC 310-30
Loans
Total covered loans		0	8,415
Real estate construction | Covered loans | Excluded from ASC 310-30 accounting
Loans
Total covered loans		0	974
Total loans			974
Real estate construction | Uncovered
Loans
Total loans		241,603	131,686
Real estate construction | Uncovered | Accounted for under ASC 310-30
Loans
Total loans		10,783	8,309
Real estate construction | Uncovered | Excluded from ASC 310-30 accounting
Loans
Total loans		230,820	123,377
Consumer
Loans
Total loans		191,795	164,524
Total		191,795	174,089
Consumer | Covered loans
Loans
Total covered loans		0	9,565
Consumer | Covered loans | Accounted for under ASC 310-30
Loans
Total covered loans		0	9,469
Consumer | Covered loans | Excluded from ASC 310-30 accounting
Loans
Total covered loans		0	96
Total loans			96
Consumer | Uncovered
Loans
Total loans		191,795	164,524
Consumer | Uncovered | Accounted for under ASC 310-30
Loans
Total loans		9,417	2,389
Consumer | Uncovered | Excluded from ASC 310-30 accounting
Loans
Total loans		$ 182,378	$ 162,135
[1]	Amounts represent loans for which the Company has elected the fair value option. See Note 3.

LOANS (Details 2)

LOANS (Details 2) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Information on nonperforming assets
Other real estate owned and repossessed assets	$ 22,930	$ 38,908	$ 29,955	$ 24,703
Uncovered
Information on nonperforming assets
Nonaccrual loans	57,475	35,111
Covered loans
Information on nonperforming assets
Nonaccrual loans	0	21,857
Nonperforming assets
Information on nonperforming assets
Total assets	85,632	104,559
Nonperforming assets | Uncovered
Information on nonperforming assets
Nonaccrual loans	57,475	35,111
Other real estate owned and repossessed assets	28,157	36,872
Total assets	85,632	71,983
Nonperforming assets | Covered loans
Information on nonperforming assets
Nonaccrual loans	0	21,857
Other real estate owned and repossessed assets	0	10,719
Total assets	0	32,576
Commercial real estate | Nonperforming assets | Uncovered
Information on nonperforming assets
Nonaccrual loans	16,798	13,756
Commercial real estate | Nonperforming assets | Covered loans
Information on nonperforming assets
Nonaccrual loans	0	15,723
Residential real estate | Nonperforming assets | Uncovered
Information on nonperforming assets
Nonaccrual loans	18,390	17,374
Residential real estate | Nonperforming assets | Covered loans
Information on nonperforming assets
Nonaccrual loans	0	1,848
Commercial and industrial | Nonperforming assets | Uncovered
Information on nonperforming assets
Nonaccrual loans	21,668	3,550
Commercial and industrial | Nonperforming assets | Covered loans
Information on nonperforming assets
Nonaccrual loans	0	3,560
Real estate construction | Nonperforming assets | Uncovered
Information on nonperforming assets
Nonaccrual loans	413	174
Real estate construction | Nonperforming assets | Covered loans
Information on nonperforming assets
Nonaccrual loans	0	713
Consumer | Nonperforming assets | Uncovered
Information on nonperforming assets
Nonaccrual loans	206	257
Consumer | Nonperforming assets | Covered loans
Information on nonperforming assets
Nonaccrual loans	0	13
Excluded from ASC 310-30 accounting | Uncovered
Information on nonperforming assets
90 days or more past due and still accruing	297	53
Excluded from ASC 310-30 accounting | Covered loans
Information on nonperforming assets
90 days or more past due and still accruing		0
Excluded from ASC 310-30 accounting | Commercial real estate | Uncovered
Information on nonperforming assets
90 days or more past due and still accruing	0	0
Excluded from ASC 310-30 accounting | Commercial real estate | Covered loans
Information on nonperforming assets
90 days or more past due and still accruing		0
Excluded from ASC 310-30 accounting | Residential real estate | Uncovered
Information on nonperforming assets
90 days or more past due and still accruing	58	12
Excluded from ASC 310-30 accounting | Residential real estate | Covered loans
Information on nonperforming assets
90 days or more past due and still accruing		0
Excluded from ASC 310-30 accounting | Commercial and industrial | Uncovered
Information on nonperforming assets
90 days or more past due and still accruing	14	0
Excluded from ASC 310-30 accounting | Commercial and industrial | Covered loans
Information on nonperforming assets
90 days or more past due and still accruing		0
Excluded from ASC 310-30 accounting | Real estate construction | Uncovered
Information on nonperforming assets
90 days or more past due and still accruing	0	0
Excluded from ASC 310-30 accounting | Real estate construction | Covered loans
Information on nonperforming assets
90 days or more past due and still accruing		0
Excluded from ASC 310-30 accounting | Consumer | Uncovered
Information on nonperforming assets
90 days or more past due and still accruing	$ 225	41
Excluded from ASC 310-30 accounting | Consumer | Covered loans
Information on nonperforming assets
90 days or more past due and still accruing		$ 0

LOANS (Details 3)

LOANS (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Commercial real estate
Loans and Allowance for Loan Losses
Total loans	$ 1,568,097	$ 1,310,938
Residential real estate
Loans and Allowance for Loan Losses
Total loans	1,547,799	1,426,012
Commercial and industrial
Loans and Allowance for Loan Losses
Total loans	1,257,406	869,477
Real estate construction
Loans and Allowance for Loan Losses
Total loans	241,603	131,686
Consumer
Loans and Allowance for Loan Losses
Total loans	191,795	164,524
Uncovered
Loans and Allowance for Loan Losses
Total loans	4,806,700	3,902,637
Uncovered | Commercial real estate
Loans and Allowance for Loan Losses
Total loans	1,568,097	1,310,938
Uncovered | Residential real estate
Loans and Allowance for Loan Losses
Total loans	1,547,799	1,426,012
Uncovered | Commercial and industrial
Loans and Allowance for Loan Losses
Total loans	1,257,406	869,477
Uncovered | Real estate construction
Loans and Allowance for Loan Losses
Total loans	241,603	131,686
Uncovered | Consumer
Loans and Allowance for Loan Losses
Total loans	191,795	164,524
Excluded from ASC 310-30 accounting | Uncovered
Loans and Allowance for Loan Losses
Financing receivables past due	58,517	51,035
Current	4,178,917	3,395,734
Total loans	4,237,434	3,446,769
90 days or more past due and still accruing	297	53
Excluded from ASC 310-30 accounting | Uncovered | Commercial real estate
Loans and Allowance for Loan Losses
Financing receivables past due	17,560	17,286
Current	1,300,040	1,103,504
Total loans	1,317,600	1,120,790
90 days or more past due and still accruing	0	0
Excluded from ASC 310-30 accounting | Uncovered | Residential real estate
Loans and Allowance for Loan Losses
Financing receivables past due	20,498	23,346
Current	1,253,456	1,163,143
Total loans	1,273,954	1,186,489
90 days or more past due and still accruing	58	12
Excluded from ASC 310-30 accounting | Uncovered | Commercial and industrial
Loans and Allowance for Loan Losses
Financing receivables past due	16,133	7,823
Current	1,216,549	846,155
Total loans	1,232,682	853,978
90 days or more past due and still accruing	14	0
Excluded from ASC 310-30 accounting | Uncovered | Real estate construction
Loans and Allowance for Loan Losses
Financing receivables past due	2,350	1,314
Current	228,470	122,063
Total loans	230,820	123,377
90 days or more past due and still accruing	0	0
Excluded from ASC 310-30 accounting | Uncovered | Consumer
Loans and Allowance for Loan Losses
Financing receivables past due	1,976	1,266
Current	180,402	160,869
Total loans	182,378	162,135
90 days or more past due and still accruing	225	41
Excluded from ASC 310-30 accounting | Covered loans
Loans and Allowance for Loan Losses
Financing receivables past due		10,036
Current		47,417
Total loans		57,453
90 days or more past due and still accruing		0
Excluded from ASC 310-30 accounting | Covered loans | Commercial real estate
Loans and Allowance for Loan Losses
Financing receivables past due		4,569
Current		21,207
Total loans		25,776
90 days or more past due and still accruing		0
Excluded from ASC 310-30 accounting | Covered loans | Residential real estate
Loans and Allowance for Loan Losses
Financing receivables past due		1,452
Current		20,259
Total loans		21,711
90 days or more past due and still accruing		0
Excluded from ASC 310-30 accounting | Covered loans | Commercial and industrial
Loans and Allowance for Loan Losses
Financing receivables past due		3,303
Current		5,593
Total loans		8,896
90 days or more past due and still accruing		0
Excluded from ASC 310-30 accounting | Covered loans | Real estate construction
Loans and Allowance for Loan Losses
Financing receivables past due		710
Current		264
Total loans		974
90 days or more past due and still accruing		0
Excluded from ASC 310-30 accounting | Covered loans | Consumer
Loans and Allowance for Loan Losses
Financing receivables past due		2
Current		94
Total loans		96
90 days or more past due and still accruing		0
30 - 59 days past due | Excluded from ASC 310-30 accounting | Uncovered
Loans and Allowance for Loan Losses
Financing receivables past due	25,656	23,226
30 - 59 days past due | Excluded from ASC 310-30 accounting | Uncovered | Commercial real estate
Loans and Allowance for Loan Losses
Financing receivables past due	2,662	4,870
30 - 59 days past due | Excluded from ASC 310-30 accounting | Uncovered | Residential real estate
Loans and Allowance for Loan Losses
Financing receivables past due	10,582	11,709
30 - 59 days past due | Excluded from ASC 310-30 accounting | Uncovered | Commercial and industrial
Loans and Allowance for Loan Losses
Financing receivables past due	9,079	4,679
30 - 59 days past due | Excluded from ASC 310-30 accounting | Uncovered | Real estate construction
Loans and Allowance for Loan Losses
Financing receivables past due	2,046	1,004
30 - 59 days past due | Excluded from ASC 310-30 accounting | Uncovered | Consumer
Loans and Allowance for Loan Losses
Financing receivables past due	1,287	964
30 - 59 days past due | Excluded from ASC 310-30 accounting | Covered loans
Loans and Allowance for Loan Losses
Financing receivables past due		611
30 - 59 days past due | Excluded from ASC 310-30 accounting | Covered loans | Commercial real estate
Loans and Allowance for Loan Losses
Financing receivables past due		0
30 - 59 days past due | Excluded from ASC 310-30 accounting | Covered loans | Residential real estate
Loans and Allowance for Loan Losses
Financing receivables past due		238
30 - 59 days past due | Excluded from ASC 310-30 accounting | Covered loans | Commercial and industrial
Loans and Allowance for Loan Losses
Financing receivables past due		373
30 - 59 days past due | Excluded from ASC 310-30 accounting | Covered loans | Real estate construction
Loans and Allowance for Loan Losses
Financing receivables past due		0
30 - 59 days past due | Excluded from ASC 310-30 accounting | Covered loans | Consumer
Loans and Allowance for Loan Losses
Financing receivables past due		0
60 - 89 days past due | Excluded from ASC 310-30 accounting | Uncovered
Loans and Allowance for Loan Losses
Financing receivables past due	6,418	3,599
60 - 89 days past due | Excluded from ASC 310-30 accounting | Uncovered | Commercial real estate
Loans and Allowance for Loan Losses
Financing receivables past due	1,378	1,083
60 - 89 days past due | Excluded from ASC 310-30 accounting | Uncovered | Residential real estate
Loans and Allowance for Loan Losses
Financing receivables past due	2,539	2,044
60 - 89 days past due | Excluded from ASC 310-30 accounting | Uncovered | Commercial and industrial
Loans and Allowance for Loan Losses
Financing receivables past due	2,099	184
60 - 89 days past due | Excluded from ASC 310-30 accounting | Uncovered | Real estate construction
Loans and Allowance for Loan Losses
Financing receivables past due	0	136
60 - 89 days past due | Excluded from ASC 310-30 accounting | Uncovered | Consumer
Loans and Allowance for Loan Losses
Financing receivables past due	402	152
60 - 89 days past due | Excluded from ASC 310-30 accounting | Covered loans
Loans and Allowance for Loan Losses
Financing receivables past due		42
60 - 89 days past due | Excluded from ASC 310-30 accounting | Covered loans | Commercial real estate
Loans and Allowance for Loan Losses
Financing receivables past due		0
60 - 89 days past due | Excluded from ASC 310-30 accounting | Covered loans | Residential real estate
Loans and Allowance for Loan Losses
Financing receivables past due		35
60 - 89 days past due | Excluded from ASC 310-30 accounting | Covered loans | Commercial and industrial
Loans and Allowance for Loan Losses
Financing receivables past due		7
60 - 89 days past due | Excluded from ASC 310-30 accounting | Covered loans | Real estate construction
Loans and Allowance for Loan Losses
Financing receivables past due		0
60 - 89 days past due | Excluded from ASC 310-30 accounting | Covered loans | Consumer
Loans and Allowance for Loan Losses
Financing receivables past due		0
90 days or more past due
Loans and Allowance for Loan Losses
Financing receivables past due	364	191
90 days or more past due | Excluded from ASC 310-30 accounting | Uncovered
Loans and Allowance for Loan Losses
Financing receivables past due	26,443	24,210
90 days or more past due | Excluded from ASC 310-30 accounting | Uncovered | Commercial real estate
Loans and Allowance for Loan Losses
Financing receivables past due	13,520	11,333
90 days or more past due | Excluded from ASC 310-30 accounting | Uncovered | Residential real estate
Loans and Allowance for Loan Losses
Financing receivables past due	7,377	9,593
90 days or more past due | Excluded from ASC 310-30 accounting | Uncovered | Commercial and industrial
Loans and Allowance for Loan Losses
Financing receivables past due	4,955	2,960
90 days or more past due | Excluded from ASC 310-30 accounting | Uncovered | Real estate construction
Loans and Allowance for Loan Losses
Financing receivables past due	304	174
90 days or more past due | Excluded from ASC 310-30 accounting | Uncovered | Consumer
Loans and Allowance for Loan Losses
Financing receivables past due	$ 287	150
90 days or more past due | Excluded from ASC 310-30 accounting | Covered loans
Loans and Allowance for Loan Losses
Financing receivables past due		9,383
90 days or more past due | Excluded from ASC 310-30 accounting | Covered loans | Commercial real estate
Loans and Allowance for Loan Losses
Financing receivables past due		4,569
90 days or more past due | Excluded from ASC 310-30 accounting | Covered loans | Residential real estate
Loans and Allowance for Loan Losses
Financing receivables past due		1,179
90 days or more past due | Excluded from ASC 310-30 accounting | Covered loans | Commercial and industrial
Loans and Allowance for Loan Losses
Financing receivables past due		2,923
90 days or more past due | Excluded from ASC 310-30 accounting | Covered loans | Real estate construction
Loans and Allowance for Loan Losses
Financing receivables past due		710
90 days or more past due | Excluded from ASC 310-30 accounting | Covered loans | Consumer
Loans and Allowance for Loan Losses
Financing receivables past due		$ 2

LOANS (Details 4)

LOANS (Details 4) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Performing assets
Information as to total impaired loans
Troubled debt restructurings	$ 25,200	$ 19,800
Uncovered
Information as to total impaired loans
Nonaccrual loans	57,475	35,111
Impaired loans	82,664	41,428
Uncovered | Performing assets
Information as to total impaired loans
Troubled debt restructurings	25,189	6,317
Uncovered | Performing assets | Commercial real estate
Information as to total impaired loans
Troubled debt restructurings	15,340	3,785
Uncovered | Performing assets | Residential real estate
Information as to total impaired loans
Troubled debt restructurings	5,749	1,368
Uncovered | Performing assets | Commercial and industrial
Information as to total impaired loans
Troubled debt restructurings	3,438	840
Uncovered | Performing assets | Real estate construction
Information as to total impaired loans
Troubled debt restructurings	420	90
Uncovered | Performing assets | Consumer
Information as to total impaired loans
Troubled debt restructurings	242	234
Covered loans
Information as to total impaired loans
Nonaccrual loans	0	21,857
Impaired loans	0	35,321
Covered loans | Performing assets
Information as to total impaired loans
Troubled debt restructurings	0	13,464
Covered loans | Performing assets | Commercial real estate
Information as to total impaired loans
Troubled debt restructurings	0	9,017
Covered loans | Performing assets | Residential real estate
Information as to total impaired loans
Troubled debt restructurings	0	3,046
Covered loans | Performing assets | Commercial and industrial
Information as to total impaired loans
Troubled debt restructurings	0	1,137
Covered loans | Performing assets | Real estate construction
Information as to total impaired loans
Troubled debt restructurings	$ 0	$ 264

LOANS (Details 5)

LOANS (Details 5) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Information as to total impaired loans
Period of required compliance for restructured obligation modified at market rate for not reporting it as TDR	6 months
Period of required compliance for restructured obligation modified at other than market rate for reconsidering it as performing	6 months
Nonperforming assets
Information as to total impaired loans
Troubled debt restructurings	$ 14,500	$ 25,000
Performing assets
Information as to total impaired loans
Troubled debt restructurings	25,200	19,800
Performing assets | Uncovered
Information as to total impaired loans
Troubled debt restructurings	25,189	6,317
Performing assets | Covered loans
Information as to total impaired loans
Troubled debt restructurings	$ 0	$ 13,464

LOANS (Details 6)

LOANS (Details 6) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)loan	Dec. 31, 2014USD ($)loan	Dec. 31, 2013USD ($)loan
Troubled Debt Restructurings
Total number of loans | loan		125	147
Total recorded investment (modified)		$ 21,044	$ 14,459
Net charge-offs (recoveries)		(92)	2,260
Provision (benefit) for loan losses		1,718	2,087
Loan forgiven	$ 209	$ 1,300	$ 1,400
Uncovered
Troubled Debt Restructurings
Total number of loans | loan	145	88	60
Total recorded investment (modified)	$ 12,405	$ 7,948	$ 9,027
Net charge-offs (recoveries)	(494)	(79)	865
Provision (benefit) for loan losses	$ 1,042	$ 1,303	$ 1,078
Uncovered | Commercial real estate
Troubled Debt Restructurings
Total number of loans | loan	33	20	12
Total recorded investment (modified)	$ 5,227	$ 4,471	$ 5,172
Net charge-offs (recoveries)	(686)	30	550
Provision (benefit) for loan losses	$ (76)	$ 850	$ 800
Uncovered | Residential real estate
Troubled Debt Restructurings
Total number of loans | loan	61	40	30
Total recorded investment (modified)	$ 3,981	$ 2,661	$ 2,797
Net charge-offs (recoveries)	106	(135)	313
Provision (benefit) for loan losses	$ 707	$ 411	$ 308
Uncovered | Commercial and industrial
Troubled Debt Restructurings
Total number of loans | loan	41	20	11
Total recorded investment (modified)	$ 2,851	$ 528	$ 938
Net charge-offs (recoveries)	82	28	0
Provision (benefit) for loan losses	$ 300	$ 12	$ (33)
Uncovered | Real estate construction
Troubled Debt Restructurings
Total number of loans | loan	4		3
Total recorded investment (modified)	$ 262		$ 90
Net charge-offs (recoveries)	0		0
Provision (benefit) for loan losses	$ 100		$ 0
Uncovered | Consumer
Troubled Debt Restructurings
Total number of loans | loan	6	8	4
Total recorded investment (modified)	$ 84	$ 288	$ 30
Net charge-offs (recoveries)	4	(2)	2
Provision (benefit) for loan losses	11	$ 30	$ 3
Covered loans
Troubled Debt Restructurings
Total number of loans | loan		37	87
Total recorded investment (modified)		$ 13,096	$ 5,432
Net charge-offs (recoveries)		(13)	1,395
Provision (benefit) for loan losses		$ 415	$ 1,009
Covered loans | Commercial real estate
Troubled Debt Restructurings
Total number of loans | loan		5	29
Total recorded investment (modified)		$ 11,703	$ 1,320
Net charge-offs (recoveries)		0	47
Provision (benefit) for loan losses		$ 373	$ 752
Covered loans | Residential real estate
Troubled Debt Restructurings
Total number of loans | loan		22	17
Total recorded investment (modified)		$ 877	$ 2,136
Net charge-offs (recoveries)		(13)	1,138
Provision (benefit) for loan losses		$ 35	$ 97
Covered loans | Commercial and industrial
Troubled Debt Restructurings
Total number of loans | loan		8	34
Total recorded investment (modified)		$ 259	$ 1,189
Net charge-offs (recoveries)		0	218
Provision (benefit) for loan losses		$ 7	$ 168
Covered loans | Real estate construction
Troubled Debt Restructurings
Total number of loans | loan		2	4
Total recorded investment (modified)		$ 257	$ 781
Net charge-offs (recoveries)		0	0
Provision (benefit) for loan losses		0	$ 0
Covered loans | Consumer
Troubled Debt Restructurings
Total number of loans | loan			3
Total recorded investment (modified)			$ 6
Net charge-offs (recoveries)			(8)
Provision (benefit) for loan losses			(8)
Principal deferral
Troubled Debt Restructurings
Total recorded investment (modified)		1,627	5,133
Principal deferral | Uncovered
Troubled Debt Restructurings
Total recorded investment (modified)	3,975	776	2,466
Principal deferral | Uncovered | Commercial real estate
Troubled Debt Restructurings
Total recorded investment (modified)	100	448	1,737
Principal deferral | Uncovered | Residential real estate
Troubled Debt Restructurings
Total recorded investment (modified)	2,638	116	3
Principal deferral | Uncovered | Commercial and industrial
Troubled Debt Restructurings
Total recorded investment (modified)	965	70	636
Principal deferral | Uncovered | Real estate construction
Troubled Debt Restructurings
Total recorded investment (modified)	195		90
Principal deferral | Uncovered | Consumer
Troubled Debt Restructurings
Total recorded investment (modified)	77	142	0
Principal deferral | Covered loans
Troubled Debt Restructurings
Total recorded investment (modified)		851	2,667
Principal deferral | Covered loans | Commercial real estate
Troubled Debt Restructurings
Total recorded investment (modified)		0	1,091
Principal deferral | Covered loans | Residential real estate
Troubled Debt Restructurings
Total recorded investment (modified)		594	202
Principal deferral | Covered loans | Commercial and industrial
Troubled Debt Restructurings
Total recorded investment (modified)		0	594
Principal deferral | Covered loans | Real estate construction
Troubled Debt Restructurings
Total recorded investment (modified)		257	774
Principal deferral | Covered loans | Consumer
Troubled Debt Restructurings
Total recorded investment (modified)			6
Principal reduction
Troubled Debt Restructurings
Total recorded investment (modified)		1,197	1,639
Principal reduction | Uncovered
Troubled Debt Restructurings
Total recorded investment (modified)	134	1,152	1,539
Principal reduction | Uncovered | Commercial real estate
Troubled Debt Restructurings
Total recorded investment (modified)	0	0	0
Principal reduction | Uncovered | Residential real estate
Troubled Debt Restructurings
Total recorded investment (modified)	127	1,070	1,539
Principal reduction | Uncovered | Commercial and industrial
Troubled Debt Restructurings
Total recorded investment (modified)	0	0	0
Principal reduction | Uncovered | Real estate construction
Troubled Debt Restructurings
Total recorded investment (modified)	0		0
Principal reduction | Uncovered | Consumer
Troubled Debt Restructurings
Total recorded investment (modified)	7	82	0
Principal reduction | Covered loans
Troubled Debt Restructurings
Total recorded investment (modified)		45	100
Principal reduction | Covered loans | Commercial real estate
Troubled Debt Restructurings
Total recorded investment (modified)		0	46
Principal reduction | Covered loans | Residential real estate
Troubled Debt Restructurings
Total recorded investment (modified)		45	0
Principal reduction | Covered loans | Commercial and industrial
Troubled Debt Restructurings
Total recorded investment (modified)		0	54
Principal reduction | Covered loans | Real estate construction
Troubled Debt Restructurings
Total recorded investment (modified)		0	0
Principal reduction | Covered loans | Consumer
Troubled Debt Restructurings
Total recorded investment (modified)			0
Interest rate
Troubled Debt Restructurings
Total recorded investment (modified)		4,627	7,594
Interest rate | Uncovered
Troubled Debt Restructurings
Total recorded investment (modified)	6,815	3,585	5,003
Interest rate | Uncovered | Commercial real estate
Troubled Debt Restructurings
Total recorded investment (modified)	3,646	2,022	3,416
Interest rate | Uncovered | Residential real estate
Troubled Debt Restructurings
Total recorded investment (modified)	1,216	1,315	1,255
Interest rate | Uncovered | Commercial and industrial
Troubled Debt Restructurings
Total recorded investment (modified)	1,886	194	302
Interest rate | Uncovered | Real estate construction
Troubled Debt Restructurings
Total recorded investment (modified)	67		0
Interest rate | Uncovered | Consumer
Troubled Debt Restructurings
Total recorded investment (modified)	0	54	30
Interest rate | Covered loans
Troubled Debt Restructurings
Total recorded investment (modified)		1,042	2,591
Interest rate | Covered loans | Commercial real estate
Troubled Debt Restructurings
Total recorded investment (modified)		631	183
Interest rate | Covered loans | Residential real estate
Troubled Debt Restructurings
Total recorded investment (modified)		238	1,933
Interest rate | Covered loans | Commercial and industrial
Troubled Debt Restructurings
Total recorded investment (modified)		173	468
Interest rate | Covered loans | Real estate construction
Troubled Debt Restructurings
Total recorded investment (modified)		0	7
Interest rate | Covered loans | Consumer
Troubled Debt Restructurings
Total recorded investment (modified)			0
Forbearance agreement
Troubled Debt Restructurings
Total recorded investment (modified)		2,937	93
Forbearance agreement | Uncovered
Troubled Debt Restructurings
Total recorded investment (modified)	1,481	2,435	19
Forbearance agreement | Uncovered | Commercial real estate
Troubled Debt Restructurings
Total recorded investment (modified)	1,481	2,001	19
Forbearance agreement | Uncovered | Residential real estate
Troubled Debt Restructurings
Total recorded investment (modified)	0	160	0
Forbearance agreement | Uncovered | Commercial and industrial
Troubled Debt Restructurings
Total recorded investment (modified)	0	264	0
Forbearance agreement | Uncovered | Real estate construction
Troubled Debt Restructurings
Total recorded investment (modified)	0		0
Forbearance agreement | Uncovered | Consumer
Troubled Debt Restructurings
Total recorded investment (modified)	$ 0	10	0
Forbearance agreement | Covered loans
Troubled Debt Restructurings
Total recorded investment (modified)		502	74
Forbearance agreement | Covered loans | Commercial real estate
Troubled Debt Restructurings
Total recorded investment (modified)		416	0
Forbearance agreement | Covered loans | Residential real estate
Troubled Debt Restructurings
Total recorded investment (modified)		0	1
Forbearance agreement | Covered loans | Commercial and industrial
Troubled Debt Restructurings
Total recorded investment (modified)		86	73
Forbearance agreement | Covered loans | Real estate construction
Troubled Debt Restructurings
Total recorded investment (modified)		0	0
Forbearance agreement | Covered loans | Consumer
Troubled Debt Restructurings
Total recorded investment (modified)			$ 0
A/B Note Restructure
Troubled Debt Restructurings
Total recorded investment (modified)		10,656
A/B Note Restructure | Uncovered
Troubled Debt Restructurings
Total recorded investment (modified)		0
A/B Note Restructure | Uncovered | Commercial real estate
Troubled Debt Restructurings
Total recorded investment (modified)		0
A/B Note Restructure | Uncovered | Residential real estate
Troubled Debt Restructurings
Total recorded investment (modified)		0
A/B Note Restructure | Uncovered | Commercial and industrial
Troubled Debt Restructurings
Total recorded investment (modified)		0
A/B Note Restructure | Uncovered | Consumer
Troubled Debt Restructurings
Total recorded investment (modified)		0
A/B Note Restructure | Covered loans
Troubled Debt Restructurings
Total recorded investment (modified)		10,656
A/B Note Restructure | Covered loans | Commercial real estate
Troubled Debt Restructurings
Total recorded investment (modified)		10,656
A/B Note Restructure | Covered loans | Residential real estate
Troubled Debt Restructurings
Total recorded investment (modified)		0
A/B Note Restructure | Covered loans | Commercial and industrial
Troubled Debt Restructurings
Total recorded investment (modified)		0
A/B Note Restructure | Covered loans | Real estate construction
Troubled Debt Restructurings
Total recorded investment (modified)		$ 0

LOANS (Details 7)

LOANS (Details 7) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)loan	Dec. 31, 2014USD ($)loan	Dec. 31, 2013USD ($)loan
Troubled Debt Restructurings
Total number of loans | loan	24	29	59
Total recorded investment	$ 1,584	$ 3,814	$ 6,433
Charged-off following a subsequent default	332	$ 62	$ 1,405
Commitments to lend additional funds to borrowers whose terms have been modified in TDRs	$ 474
Uncovered
Troubled Debt Restructurings
Total number of loans | loan		24	32
Total recorded investment		$ 3,377	$ 4,773
Charged-off following a subsequent default		$ 62	$ 959
Uncovered | Commercial real estate
Troubled Debt Restructurings
Total number of loans | loan	6	6	7
Total recorded investment	$ 950	$ 2,669	$ 2,677
Charged-off following a subsequent default	$ 71	$ 0	$ 550
Uncovered | Residential real estate
Troubled Debt Restructurings
Total number of loans | loan	12	13	21
Total recorded investment	$ 560	$ 554	$ 2,062
Charged-off following a subsequent default	$ 61	$ 60	$ 406
Uncovered | Commercial and industrial
Troubled Debt Restructurings
Total number of loans | loan	4	3	1
Total recorded investment	$ 0	$ 44	$ 4
Charged-off following a subsequent default	$ 200	$ 0	$ 0
Uncovered | Real estate construction
Troubled Debt Restructurings
Total number of loans | loan	1
Total recorded investment	$ 67
Charged-off following a subsequent default	$ 0
Uncovered | Consumer
Troubled Debt Restructurings
Total number of loans | loan	1	2	3
Total recorded investment	$ 7	$ 110	$ 30
Charged-off following a subsequent default	$ 0	$ 2	$ 3
Covered loans
Troubled Debt Restructurings
Total number of loans | loan		5	27
Total recorded investment		$ 437	$ 1,660
Charged-off following a subsequent default		$ 0	$ 446
Covered loans | Commercial real estate
Troubled Debt Restructurings
Total number of loans | loan		1	8
Total recorded investment		$ 415	$ 1,127
Charged-off following a subsequent default		$ 0	$ 224
Covered loans | Residential real estate
Troubled Debt Restructurings
Total number of loans | loan		4	5
Total recorded investment		$ 22	$ 215
Charged-off following a subsequent default		$ 0	$ 31
Covered loans | Commercial and industrial
Troubled Debt Restructurings
Total number of loans | loan			14
Total recorded investment			$ 318
Charged-off following a subsequent default			$ 191

LOANS (Details 8)

LOANS (Details 8) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Commercial real estate
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	$ 1,568,097	$ 1,310,938
Covered loans		186,662
Commercial and industrial
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	1,257,406	869,477
Covered loans		32,648
Real estate construction
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	241,603	131,686
Covered loans		9,389
Commercial and industrial, Commercial real estate and Real estate construction
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	3,067,106	2,312,101
Covered loans		228,699
Pass | Commercial real estate
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	1,408,238	1,153,132
Covered loans		102,952
Pass | Commercial and industrial
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	1,177,354	824,239
Covered loans		16,718
Pass | Real estate construction
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	235,479	123,822
Covered loans		3,817
Pass | Commercial and industrial, Commercial real estate and Real estate construction
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	2,821,071	2,101,193
Covered loans		123,487
Special Mention | Commercial real estate
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	60,130	63,567
Covered loans		16,073
Special Mention | Commercial and industrial
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	24,129	29,511
Covered loans		1,875
Special Mention | Real estate construction
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	259	1,981
Covered loans		792
Special Mention | Commercial and industrial, Commercial real estate and Real estate construction
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	84,518	95,059
Covered loans		18,740
Substandard | Commercial real estate
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	99,343	94,239
Covered loans		67,637
Substandard | Commercial and industrial
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	55,923	15,727
Covered loans		14,055
Substandard | Real estate construction
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	5,865	5,883
Covered loans		4,780
Substandard | Commercial and industrial, Commercial real estate and Real estate construction
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	161,131	115,849
Covered loans		86,472
Doubtful | Commercial real estate
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	386	0
Covered loans		0
Doubtful | Commercial and industrial
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	0	0
Covered loans		0
Doubtful | Real estate construction
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	0	0
Covered loans		0
Doubtful | Commercial and industrial, Commercial real estate and Real estate construction
Commercial and industrial, commercial real estate and real estate construction credit quality
Uncovered loans	$ 386	0
Covered loans		$ 0

LOANS (Details 9)

LOANS (Details 9) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Residential real estate
Loans by credit quality
Uncovered loans	$ 1,547,799	$ 1,426,012
Covered loans		108,226
Consumer
Loans by credit quality
Uncovered loans	191,795	164,524
Covered loans		9,565
Residential real estate and consumer loans
Loans by credit quality
Uncovered loans	1,739,594	1,590,536
Covered loans		117,791
Performing assets | Residential real estate
Loans by credit quality
Uncovered loans	1,529,409	1,408,638
Covered loans		106,378
Performing assets | Consumer
Loans by credit quality
Uncovered loans	191,589	164,267
Covered loans		9,552
Performing assets | Residential real estate and consumer loans
Loans by credit quality
Uncovered loans	1,720,998	1,572,905
Covered loans		115,930
Nonperforming assets | Residential real estate
Loans by credit quality
Uncovered loans	18,390	17,374
Covered loans		1,848
Nonperforming assets | Consumer
Loans by credit quality
Uncovered loans	206	257
Covered loans		13
Nonperforming assets | Residential real estate and consumer loans
Loans by credit quality
Uncovered loans	$ 18,596	17,631
Covered loans		$ 1,861

ALLOWANCE FOR LOAN LOSSES (Deta

ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Uncovered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance	$ 38,192	$ 23,310
Recorded investment with related allowance	44,472	12,284
Total recorded investment	82,664	35,594
Contractual principal balance	106,549	43,687
Related allowance	8,147	3,450
Average recorded investment	85,317	36,913	$ 22,667
Interest income recognized	4,765	1,685	1,461
Covered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance		14,781
Recorded investment with related allowance		15,348
Total recorded investment		30,129
Contractual principal balance		38,844
Related allowance		1,803
Average recorded investment	0	32,747	28,280
Interest income recognized	0	1,944	1,601
Commercial real estate | Uncovered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance	12,506	7,609
Recorded investment with related allowance	19,632	5,956
Total recorded investment	32,138	13,565
Contractual principal balance	46,099	17,016
Related allowance	2,647	1,276
Average recorded investment	27,239	14,558	5,034
Interest income recognized	1,843	915	442
Commercial real estate | Covered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance		10,400
Recorded investment with related allowance		11,985
Total recorded investment		22,385
Contractual principal balance		28,755
Related allowance		1,277
Average recorded investment	0	24,495	18,317
Interest income recognized	0	1,492	1,102
Residential real estate | Uncovered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance	13,304	14,316
Recorded investment with related allowance	10,835	4,268
Total recorded investment	24,139	18,584
Contractual principal balance	30,409	23,080
Related allowance	2,729	1,110
Average recorded investment	36,368	18,870	14,099
Interest income recognized	1,294	649	540
Residential real estate | Covered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance		2,155
Recorded investment with related allowance		2,583
Total recorded investment		4,738
Contractual principal balance		6,388
Related allowance		417
Average recorded investment	0	5,095	2,747
Interest income recognized	0	306	162
Commercial and industrial | Uncovered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance	11,661	915
Recorded investment with related allowance	13,445	1,884
Total recorded investment	25,106	2,799
Contractual principal balance	27,883	2,807
Related allowance	2,577	982
Average recorded investment	19,542	2,847	3,221
Interest income recognized	1,505	76	476
Commercial and industrial | Covered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance		1,545
Recorded investment with related allowance		779
Total recorded investment		2,324
Contractual principal balance		2,668
Related allowance		109
Average recorded investment	0	2,474	6,108
Interest income recognized	0	118	230
Real estate construction | Uncovered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance	402	174
Recorded investment with related allowance	431	0
Total recorded investment	833	174
Contractual principal balance	1,369	174
Related allowance	158	0
Average recorded investment	1,056	174	280
Interest income recognized	79	8	0
Real estate construction | Covered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance		670
Recorded investment with related allowance		0
Total recorded investment		670
Contractual principal balance		994
Related allowance		0
Average recorded investment	0	665	1,082
Interest income recognized	0	24	103
Consumer | Uncovered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance	319	296
Recorded investment with related allowance	129	176
Total recorded investment	448	472
Contractual principal balance	789	610
Related allowance	36	82
Average recorded investment	1,112	464	33
Interest income recognized	44	37	3
Consumer | Covered loans individually evaluated
Impaired loans individually evaluated for impairment
Recorded investment with no related allowance		11
Recorded investment with related allowance		1
Total recorded investment		12
Contractual principal balance		39
Related allowance		0
Average recorded investment	0	18	26
Interest income recognized	$ 0	$ 4	$ 4

ALLOWANCE FOR LOAN LOSSES (De88

ALLOWANCE FOR LOAN LOSSES (Details 2) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				$ 33,819									$ 33,819
Provision (benefit) for loan and lease losses	$ (4,583)	$ 700	$ (7,313)	1,993	$ 2,994	$ 1,509	$ (4,102)	$ 3,926	$ 3,250	$ 2,125	$ (2,537)	$ 2,260	(9,203)	$ 4,327	$ 5,098
Ending allowance for loan losses					33,819									33,819
Allowance for loan losses:
Allowance for loan losses				33,819	33,819								33,819	33,819			$ 33,819
Uncovered
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				33,819				17,746				10,945	33,819	17,746	10,945
Transfer in from covered													14,336
Provision (benefit) for loan and lease losses													3,564	23,082	15,520
Gross charge-offs													(22,588)	(17,565)	(14,841)
Recoveries													24,822	10,556	6,122
Net (charge-offs) recoveries													2,234	(7,009)	(8,719)
Ending allowance for loan losses	53,953				33,819				17,746				53,953	33,819	17,746
Allowance for loan losses:
Individually evaluated for impairment																$ 8,147	3,450
Collectively evaluated for impairment																23,540	16,910
Allowance for loan losses	53,953			33,819	33,819			17,746	17,746			10,945	33,819	17,746	10,945	53,953	33,819
Balance of loans:
Individually evaluated for impairment																82,664	35,594
Collectively evaluated for impairment																4,154,770	3,411,175
Total loans																4,806,700	3,902,637
Uncovered | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				13,459									13,459
Ending allowance for loan losses	22,266				13,459								22,266	13,459
Allowance for loan losses:
Allowance for loan losses	22,266			13,459	13,459								13,459	13,459		22,266	13,459
Balance of loans:
Total loans																569,266	455,868
Commercial real estate
Balance of loans:
Total loans																1,568,097	1,310,938
Commercial real estate | Uncovered
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				11,128				4,267				4,265	11,128	4,267	4,265
Transfer in from covered													7,877
Provision (benefit) for loan and lease losses													(4,560)	8,883	3,107
Gross charge-offs													(8,992)	(7,546)	(4,070)
Recoveries													13,965	5,524	965
Net (charge-offs) recoveries													4,973	(2,022)	(3,105)
Ending allowance for loan losses	19,418				11,128				4,267				19,418	11,128	4,267
Allowance for loan losses:
Individually evaluated for impairment																2,647	1,276
Collectively evaluated for impairment																5,741	4,623
Allowance for loan losses	19,418			11,128	11,128			4,267	4,267			4,265	11,128	4,267	4,265	19,418	11,128
Balance of loans:
Individually evaluated for impairment																32,138	13,565
Collectively evaluated for impairment																1,285,462	1,107,225
Total loans																1,568,097	1,310,938
Commercial real estate | Uncovered | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				5,229									5,229
Ending allowance for loan losses	11,030				5,229								11,030	5,229
Allowance for loan losses:
Allowance for loan losses	11,030			5,229	5,229								5,229	5,229		11,030	5,229
Balance of loans:
Total loans																250,497	190,148
Residential real estate
Balance of loans:
Total loans																1,547,799	1,426,012
Residential real estate | Uncovered
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				12,193				7,708				2,059	12,193	7,708	2,059
Transfer in from covered													3,807
Provision (benefit) for loan and lease losses													389	7,485	10,980
Gross charge-offs													(6,207)	(5,691)	(8,942)
Recoveries													4,250	2,691	3,611
Net (charge-offs) recoveries													(1,957)	(3,000)	(5,331)
Ending allowance for loan losses	14,432				12,193				7,708				14,432	12,193	7,708
Allowance for loan losses:
Individually evaluated for impairment																2,729	1,110
Collectively evaluated for impairment																3,756	4,850
Allowance for loan losses	14,432			12,193	12,193			7,708	7,708			2,059	12,193	7,708	2,059	14,432	12,193
Balance of loans:
Individually evaluated for impairment																24,139	18,584
Collectively evaluated for impairment																1,249,815	1,167,905
Total loans																1,547,799	1,426,012
Residential real estate | Uncovered | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				6,233									6,233
Ending allowance for loan losses	7,947				6,233								7,947	6,233
Allowance for loan losses:
Allowance for loan losses	7,947			6,233	6,233								6,233	6,233		7,947	6,233
Balance of loans:
Total loans																273,845	239,523
Commercial and industrial
Balance of loans:
Total loans																1,257,406	869,477
Commercial and industrial | Uncovered
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				7,835				3,404				4,162	7,835	3,404	4,162
Transfer in from covered													1,707
Provision (benefit) for loan and lease losses													6,170	6,968	(80)
Gross charge-offs													(5,066)	(3,425)	(1,136)
Recoveries													5,672	888	458
Net (charge-offs) recoveries													606	(2,537)	(678)
Ending allowance for loan losses	16,318				7,835				3,404				16,318	7,835	3,404
Allowance for loan losses:
Individually evaluated for impairment																2,577	982
Collectively evaluated for impairment																12,254	5,968
Allowance for loan losses	16,318			7,835	7,835			3,404	3,404			4,162	7,835	3,404	4,162	16,318	7,835
Balance of loans:
Individually evaluated for impairment																25,106	2,799
Collectively evaluated for impairment																1,207,576	851,179
Total loans																1,257,406	869,477
Commercial and industrial | Uncovered | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				885									885
Ending allowance for loan losses	1,487				885								1,487	885
Allowance for loan losses:
Allowance for loan losses	1,487			885	885								885	885		1,487	885
Balance of loans:
Total loans																24,724	15,499
Real estate construction
Balance of loans:
Total loans																241,603	131,686
Real estate construction | Uncovered
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				1,599				2,027				268	1,599	2,027	268
Transfer in from covered													910
Provision (benefit) for loan and lease losses													69	(788)	1,425
Gross charge-offs													(561)	(624)	(165)
Recoveries													682	984	499
Net (charge-offs) recoveries													121	360	334
Ending allowance for loan losses	2,699				1,599				2,027				2,699	1,599	2,027
Allowance for loan losses:
Individually evaluated for impairment																158	0
Collectively evaluated for impairment																863	649
Allowance for loan losses	2,699			1,599	1,599			2,027	2,027			268	1,599	2,027	268	2,699	1,599
Balance of loans:
Individually evaluated for impairment																833	174
Collectively evaluated for impairment																229,987	123,203
Total loans																241,603	131,686
Real estate construction | Uncovered | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				950									950
Ending allowance for loan losses	1,678				950								1,678	950
Allowance for loan losses:
Allowance for loan losses	1,678			950	950								950	950		1,678	950
Balance of loans:
Total loans																10,783	8,309
Consumer
Balance of loans:
Total loans																191,795	164,524
Consumer | Uncovered
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				1,064				340				191	1,064	340	191
Transfer in from covered													35
Provision (benefit) for loan and lease losses													1,496	534	88
Gross charge-offs													(1,762)	(279)	(528)
Recoveries													253	469	589
Net (charge-offs) recoveries													(1,509)	190	61
Ending allowance for loan losses	1,086				1,064				340				1,086	1,064	340
Allowance for loan losses:
Individually evaluated for impairment																36	82
Collectively evaluated for impairment																926	820
Allowance for loan losses	1,086			1,064	1,064			$ 340	$ 340			$ 191	1,064	340	$ 191	1,086	1,064
Balance of loans:
Individually evaluated for impairment																448	472
Collectively evaluated for impairment																181,930	161,663
Total loans																191,795	164,524
Consumer | Uncovered | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				162									162
Ending allowance for loan losses	124				162								124	162
Allowance for loan losses:
Allowance for loan losses	$ 124			$ 162	$ 162								$ 162	$ 162		124	162
Balance of loans:
Total loans																$ 9,417	$ 2,389

ALLOWANCE FOR LOAN LOSSES (De89

ALLOWANCE FOR LOAN LOSSES (Details 3) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014
Changes in the allowance and the allocation of the allowance for loans
Provision (benefit) for loan and lease losses	$ (4,583)	$ 700	$ (7,313)	$ 1,993	$ 2,994	$ 1,509	$ (4,102)	$ 3,926	$ 3,250	$ 2,125	$ (2,537)	$ 2,260	$ (9,203)	$ 4,327	$ 5,098
Covered loans
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				21,353				40,381				51,473	21,353	40,381	51,473
Transfer out to uncovered													(14,336)
Provision (benefit) for loan and lease losses													(12,767)	(18,755)	(10,422)
Gross charge-offs													(9,756)	(16,401)	(18,647)
Recoveries													15,506	16,128	17,977
Net (charge-offs) recoveries													5,750	(273)	(670)
Ending allowance for loan losses	0				21,353				40,381				0	21,353	40,381
Allowance for loan losses:
Individually evaluated for impairment																$ 1,803
Collectively evaluated for impairment																277
Allowance for loan losses	0			21,353	21,353			40,381	40,381			51,473	21,353	40,381	51,473	21,353
Balance of loans:
Individually evaluated for impairment																30,129
Collectively evaluated for impairment																27,324
Total covered loans																346,490
Covered loans | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				19,273									19,273
Ending allowance for loan losses					19,273									19,273
Allowance for loan losses:
Allowance for loan losses				19,273	19,273								19,273	19,273		19,273
Balance of loans:
Total covered loans																289,037
Commercial real estate
Balance of loans:
Total covered loans																186,662
Commercial real estate | Covered loans
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				13,663				26,394				30,150	13,663	26,394	30,150
Transfer out to uncovered													(7,877)
Provision (benefit) for loan and lease losses													(10,113)	(13,604)	(4,567)
Gross charge-offs													(5,449)	(7,568)	(9,211)
Recoveries													9,776	8,441	10,022
Net (charge-offs) recoveries													4,327	873	811
Ending allowance for loan losses	0				13,663				26,394				0	13,663	26,394
Allowance for loan losses:
Individually evaluated for impairment																1,277
Collectively evaluated for impairment																57
Allowance for loan losses	0			13,663	13,663			26,394	26,394			30,150	13,663	26,394	30,150	13,663
Balance of loans:
Individually evaluated for impairment																22,385
Collectively evaluated for impairment																3,391
Total covered loans																186,662
Commercial real estate | Covered loans | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				12,329									12,329
Ending allowance for loan losses					12,329									12,329
Allowance for loan losses:
Allowance for loan losses				12,329	12,329								12,329	12,329		12,329
Balance of loans:
Total covered loans																160,886
Residential real estate
Balance of loans:
Total covered loans																108,226
Residential real estate | Covered loans
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				3,981				4,696				5,716	3,981	4,696	5,716
Transfer out to uncovered													(3,807)
Provision (benefit) for loan and lease losses													(87)	(443)	368
Gross charge-offs													(694)	(2,294)	(2,664)
Recoveries													607	2,022	1,276
Net (charge-offs) recoveries													(87)	(272)	(1,388)
Ending allowance for loan losses	0				3,981				4,696				0	3,981	4,696
Allowance for loan losses:
Individually evaluated for impairment																417
Collectively evaluated for impairment																123
Allowance for loan losses	0			3,981	3,981			4,696	4,696			5,716	3,981	4,696	5,716	3,981
Balance of loans:
Individually evaluated for impairment																4,738
Collectively evaluated for impairment																16,973
Total covered loans																108,226
Residential real estate | Covered loans | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				3,441									3,441
Ending allowance for loan losses					3,441									3,441
Allowance for loan losses:
Allowance for loan losses				3,441	3,441								3,441	3,441		3,441
Balance of loans:
Total covered loans																86,515
Commercial and industrial
Balance of loans:
Total covered loans																32,648
Commercial and industrial | Covered loans
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				2,577				7,227				10,915	2,577	7,227	10,915
Transfer out to uncovered													(1,707)
Provision (benefit) for loan and lease losses													(2,690)	(3,968)	(3,270)
Gross charge-offs													(2,483)	(4,774)	(4,654)
Recoveries													4,303	4,092	4,236
Net (charge-offs) recoveries													1,820	(682)	(418)
Ending allowance for loan losses	0				2,577				7,227				0	2,577	7,227
Allowance for loan losses:
Individually evaluated for impairment																109
Collectively evaluated for impairment																89
Allowance for loan losses	0			2,577	2,577			7,227	7,227			10,915	2,577	7,227	10,915	2,577
Balance of loans:
Individually evaluated for impairment																2,324
Collectively evaluated for impairment																6,572
Total covered loans																32,648
Commercial and industrial | Covered loans | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				2,379									2,379
Ending allowance for loan losses					2,379									2,379
Allowance for loan losses:
Allowance for loan losses				2,379	2,379								2,379	2,379		2,379
Balance of loans:
Total covered loans																23,752
Real estate construction
Balance of loans:
Total covered loans																9,389
Real estate construction | Covered loans
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				1,086				1,984				4,509	1,086	1,984	4,509
Transfer out to uncovered													(910)
Provision (benefit) for loan and lease losses													256	(596)	(2,712)
Gross charge-offs													(965)	(1,545)	(1,904)
Recoveries													533	1,243	2,091
Net (charge-offs) recoveries													(432)	(302)	187
Ending allowance for loan losses	0				1,086				1,984				0	1,086	1,984
Allowance for loan losses:
Individually evaluated for impairment																0
Collectively evaluated for impairment																7
Allowance for loan losses	0			1,086	1,086			1,984	1,984			4,509	1,086	1,984	4,509	1,086
Balance of loans:
Individually evaluated for impairment																670
Collectively evaluated for impairment																304
Total covered loans																9,389
Real estate construction | Covered loans | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				1,079									1,079
Ending allowance for loan losses					1,079									1,079
Allowance for loan losses:
Allowance for loan losses				1,079	1,079								1,079	1,079		1,079
Balance of loans:
Total covered loans																8,415
Consumer
Balance of loans:
Total covered loans																9,565
Consumer | Covered loans
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				46				80				183	46	80	183
Transfer out to uncovered													(35)
Provision (benefit) for loan and lease losses													(133)	(144)	(241)
Gross charge-offs													(165)	(220)	(214)
Recoveries													287	330	352
Net (charge-offs) recoveries													122	110	138
Ending allowance for loan losses	0				46				80				0	46	80
Allowance for loan losses:
Individually evaluated for impairment																0
Collectively evaluated for impairment																1
Allowance for loan losses	$ 0			46	46			$ 80	$ 80			$ 183	46	80	$ 183	46
Balance of loans:
Individually evaluated for impairment																12
Collectively evaluated for impairment																84
Total covered loans																9,565
Consumer | Covered loans | Accounted for under ASC 310-30
Changes in the allowance and the allocation of the allowance for loans
Balance at beginning of period				45									45
Ending allowance for loan losses					45									45
Allowance for loan losses:
Allowance for loan losses				$ 45	$ 45								$ 45	$ 45		45
Balance of loans:
Total covered loans																$ 9,469

ACQUIRED LOANS AND LOSS SHARE90

ACQUIRED LOANS AND LOSS SHARE ACCOUNTING (Details) - USD ($) $ in Thousands	Dec. 28, 2015	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Apr. 30, 2010
ACQUIRED LOANS AND LOSS SHARE ACCOUNTING
FDIC clawback payment period (in years)						10 years 45 days
Percentage of losses incurred to be reimbursed by FDIC for loans covered by loss sharing agreements						80.00%
Warrants canceled in early termination of loss share agreement (in shares)	390,000
Consideration for early termination of loss share agreements	$ 11,700
Consideration paid to terminate all outstanding warrants	4,500					$ 19,892	$ 0	$ 0
Net loss on early termination of loss share with FDIC	20,400	$ 20,364	$ 0	$ 0	$ 0	$ 20,364	$ 0	$ 0
Net loss on early termination of loss share with FDIC, net of tax	13,900
Total payments to FDIC offset by release of FDIC warrant payable and FDIC clawback liability	$ 16,200
Common Stock | Stock warrants issued in relation to April 2010 acquisitions of CF Bancorp | Federal Deposit Insurance Corporation
ACQUIRED LOANS AND LOSS SHARE ACCOUNTING
Warrants issued (in shares)									390,000

ACQUIRED LOANS AND LOSS SHARE91

ACQUIRED LOANS AND LOSS SHARE ACCOUNTING (Details 2) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Change in carrying amount of accretable discount
Balance at beginning of period	$ 277,058	$ 277,058	$ 302,287	$ 216,970
Additions due to acquisitions		5,268	32,764	158,221
Discount accretion		(73,981)	(91,129)	(95,758)
Reclassifications from nonaccretable discount and other additions to accretable discount due to results of cash flow re-estimations		77,889	99,253	82,490
Other activity, net		(63,020)	(66,117)	(59,636)
Balance at end of period		223,214	277,058	302,287
Expected cash flows for loans
Identified improvement in the cash flow expectations		77,900	99,300	82,500
Provision for loan losses - covered:
Total provision (benefit) for loan losses-covered	(12,767)		(18,755)	(10,422)
Less: FDIC loss share income:
Total loss sharing income (expense) due to provision for loan losses-covered	(9,123)		(7,714)	(11,683)
Net (increase) decrease to income before taxes:
Net (increase) decrease to income before taxes	(3,644)		(11,041)	1,261
Cash flow improvements related to covered loans	20,400		41,500	49,100
Accounted for under ASC 310-30
Expected cash flows for loans
Contractual cash flows		1,019,407	1,281,482
Non-accretable difference		(226,927)	(259,519)
Accretable yield		223,214	277,058
Loans accounted		$ 569,266	744,905
Provision for loan losses - covered:
Net impairment recorded as a result of re-estimation of cash flows on loans	2,962		1,491	11,179
Less: FDIC loss share income:
Income recorded as a result of re-estimation of cash flows on loans	1,002		4,015	5,598
Net (increase) decrease to income before taxes:
Net expense recorded as a result of re-estimation of cash flows on loans	1,960		(2,524)	5,581
Accounted for under ASC 310-20 and ASC 310-40
Provision for loan losses - covered:
Additional benefit recorded, net of charge-offs, for covered loans	(15,729)		(20,246)	(21,601)
Less: FDIC loss share income:
Income (expense) recorded, to offset provision (benefit), for covered loans	(10,125)		(11,729)	(17,281)
Net (increase) decrease to income before taxes:
Net (income) recorded, for covered loans	$ (5,604)		$ (8,517)	$ (4,320)

ACQUIRED LOANS AND LOSS SHARE92

ACQUIRED LOANS AND LOSS SHARE ACCOUNTING (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
FDIC Indemnification Asset
Balance at beginning of period	$ 67,026	$ 131,861
Accretion	(22,164)	(26,426)
Sales and write-downs of other real estate owned	(845)	(1,484)
Net effect of change in expected cash flows on covered assets	(2,295)	(19,213)
Reimbursements requested from FDIC (reclassification to FDIC receivable)	(11,171)	(17,712)
Write-off as a result of the early termination agreement with the FDIC, effective October 1, 2015	(30,551)	0
Balance at the end of the period	0	67,026	$ 131,861
FDIC Receivable
Balance at beginning of period	6,062	7,783
Sales and write-downs of other real estate owned (covered)	(495)	524
Reimbursements requested from FDIC (reclassification to FDIC receivable)	11,171	17,712
Decrease due to recoveries net of additional claimable expenses	(10,412)	(4,981)
Claim payments received from the FDIC	(3,708)	(14,976)	(32,319)
Write-off as a result of the early termination agreement with the FDIC, effective October 1, 2015	(2,618)	0
Balance at the end of the period	$ 0	$ 6,062	$ 7,783

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015
Premises and equipment
Total	$ 70,187	$ 72,201
Less accumulated depreciation and amortization	21,798	28,631
Premises and equipment, net	48,389	43,570
New Mexico
Premises and equipment
Book value of premises and equipment sold	9,000
Wisconsin
Premises and equipment
Book value of premises and equipment sold	114
Land and land improvements
Premises and equipment
Total	8,299	7,564
Buildings
Premises and equipment
Total	29,203	28,401
Furniture and equipment
Premises and equipment
Total	22,738	24,805
Data processing software
Premises and equipment
Total	4,701	5,504
Leasehold improvements
Premises and equipment
Total	4,930	5,583
Automobiles
Premises and equipment
Total	$ 316	$ 344

PREMISES AND EQUIPMENT (Detai94

PREMISES AND EQUIPMENT (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Abstract]
Net rent expense	$ 6,500	$ 8,900	$ 5,100
Transfer from premises and equipment to other real estate owned	889	$ 480
Future Minimum Lease Payments
2,016	6,330
2,017	5,628
2,018	5,032
2,019	4,220
2,020	4,121
Thereafter	5,585
Total	30,916
Sublease income reducing minimum lease payments	$ 228

OTHER REAL ESTATE OWNED AND R95

OTHER REAL ESTATE OWNED AND REPOSSESSED ASSETS(Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Changes in other real estate owned
Balance at the beginning of the period	$ 38,908	$ 29,955	$ 24,703
Additions due to acquisitions	1,260	30,878	18,448
Real Estate Additions due to Adoption	540
Transfers in	25,090	23,166	26,203
Transfers from covered to uncovered	0
Disposals	(39,356)	(39,412)	(32,525)
Write-downs	(3,187)	(5,679)	(6,874)
Change in valuation allowance	(325)	0
Balance at the end of the period	22,930	38,908	29,955
Changes in repossessed assets
Balance at the beginning of the period	38,908	29,955	24,703
Payments received	(4,933)
Balance at the end of the period	22,930	38,908	29,955
Other real estate owned and repossessed assets acquired in accordance with ASU 2014-04	951
Consumer mortgage loans secured by residential real estate properties	9,400
Valuation allowance for other real estate owned
Beginning balance	0	0
Provision for valuation allowance	325	0	0
Ending balance	325	0	0
Income and expenses related to other real estate owned
Net gain (loss) on sale	6,143	8,439	4,003
Write-downs	(3,187)	(5,679)	(6,874)
Provision for valuation allowance	(325)	0	0
Net operating (expenses) income	(2,342)	(3,132)	(1,374)
Total	289	(372)	(4,245)
Uncovered
Changes in other real estate owned
Balance at the beginning of the period	28,247	18,384	869
Additions due to acquisitions	1,260	30,878	18,448
Real Estate Additions due to Adoption	455
Transfers in	18,105	13,859	13,714
Transfers from covered to uncovered	7,872
Disposals	(30,287)	(30,867)	(12,656)
Write-downs	(2,397)	(4,007)	(1,991)
Change in valuation allowance	(325)	0
Balance at the end of the period	22,930	28,247	18,384
Changes in repossessed assets
Balance at the beginning of the period	28,247	18,384	869
Balance at the end of the period	22,930	28,247	18,384
Valuation allowance for other real estate owned
Provision for valuation allowance	325	0
Income and expenses related to other real estate owned
Net gain (loss) on sale	6,441	8,156	3,521
Write-downs	(2,397)	(4,007)	(1,991)
Provision for valuation allowance	(325)	0
Net operating (expenses) income	(2,157)	(2,904)	(1,520)
Total	1,562	1,245	10
Covered
Changes in other real estate owned
Balance at the beginning of the period	10,661	11,571	23,834
Additions due to acquisitions	0		0
Real Estate Additions due to Adoption	85
Transfers in	6,985	9,307	12,489
Transfers from covered to uncovered	(7,872)
Disposals	(9,069)	(8,545)	(19,869)
Write-downs	(790)	(1,672)	(4,883)
Change in valuation allowance	0	0
Balance at the end of the period	0	10,661	11,571
Changes in repossessed assets
Balance at the beginning of the period	10,661	11,571	23,834
Balance at the end of the period	0	10,661	11,571
Valuation allowance for other real estate owned
Provision for valuation allowance	0	0
Income and expenses related to other real estate owned
Net gain (loss) on sale	(298)	283	482
Write-downs	(790)	(1,672)	(4,883)
Provision for valuation allowance	0	0
Net operating (expenses) income	(185)	(228)	146
Total	(1,273)	(1,617)	(4,255)
Repossessed Assets
Changes in other real estate owned
Balance at the beginning of the period	9,835	27	129
Balance at the end of the period	5,329	9,835	27
Changes in repossessed assets
Balance at the beginning of the period	9,835	27	129
Transfers in	2,494	10,122	509
Capitalized expenditures	4,943	535
Disposals	(1,249)	(389)	(611)
Valuation allowance	(4,644)	(460)
Writedowns of repossessed assets	(1,117)	0	0
Balance at the end of the period	5,329	9,835	27
Valuation allowance for repossessed assets
Beginning balance	460	0
Provision for valuation allowance	4,644	460	0
Ending balance	5,104	460	0
Income and expenses related to repossessed assets
Net gain (loss) on sale	(159)	(25)	(94)
Write - downs of repossessed assets expense	(1,117)	0	0
Provision for valuation allowance	(4,644)	(460)	0
Net operating (expenses) income	(259)	(98)	(61)
Total	$ (6,179)	$ (583)	$ (155)

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	Feb. 06, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net carrying amount of CDIs
Net carrying amount		$ 12,808	$ 13,035
Amortization expense recognized		$ 2,637	2,801	$ 2,682
Core deposit intangibles written-off			1,000
FHC
Estimated amortization expense of CDIs
Goodwill acquired during period	$ 3,500
Core deposit
Core deposit intangibles
Estimated remaining average useful life		6 years 7 months 6 days
Net carrying amount of CDIs
Gross carrying amount		$ 23,068	20,658
Accumulated amortization		(10,260)	(7,623)
Net carrying amount		12,808	13,035
Estimated amortization expense of CDIs
2,016		2,413
2,017		2,184
2,018		1,996
2,019		1,832
2,020		1,513
Core deposit | Other expense
Net carrying amount of CDIs
Amortization expense recognized		$ 2,600	$ 2,800	$ 2,700

LOAN SERVICING RIGHTS (Details)

LOAN SERVICING RIGHTS (Details) - USD ($) $ in Thousands	Jan. 02, 2013	Jan. 01, 2013
Loan servicing rights
Cumulative adjustment to retained earnings due to change in policy		$ 31
Change in accounting principle for loan servicing rights | Restatement adjustment
Loan servicing rights
Cumulative adjustment to retained earnings due to change in policy	$ 31

LOAN SERVICING RIGHTS (Details

LOAN SERVICING RIGHTS (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Activity for loan servicing rights and the related fair value changes
Fair value, beginning of period	$ 70,598	$ 78,603	$ 5,657
Additions due to acquisition		767	41,967
Additions from loans sold with servicing retained	10,864	9,036	23,916
Reduction from loans and servicing rights sold	(12,702)	(771)
Changes in fair value due to reductions from loans paid off during the period	(7,324)	(6,800)	(7,155)
Changes due to valuation inputs or assumptions	(3,323)	(10,237)	14,218
Fair value, end of period	58,113	70,598	78,603
Principal balance of loans serviced, fair value	5,929,905	7,263,693	7,478,400
Sale of principal balance of loans serviced	1,200,000	33,800
Commercial real estate
Activity for loan servicing rights and the related fair value changes
Fair value, beginning of period	691	368	518
Additions due to acquisition		767	0
Additions from loans sold with servicing retained	22	8	0
Reduction from loans and servicing rights sold	0	0
Changes in fair value due to reductions from loans paid off during the period	(138)	(173)	(34)
Changes due to valuation inputs or assumptions	(100)	(279)	(116)
Fair value, end of period	475	691	368
Principal balance of loans serviced, fair value	97,735	213,248	260,771
Agricultural
Activity for loan servicing rights and the related fair value changes
Fair value, beginning of period	0	962	1,456
Additions due to acquisition		0	0
Additions from loans sold with servicing retained	0	125	72
Reduction from loans and servicing rights sold	0	(771)
Changes in fair value due to reductions from loans paid off during the period	0	(220)	(471)
Changes due to valuation inputs or assumptions	0	(96)	(95)
Fair value, end of period	0	0	962
Principal balance of loans serviced, fair value	0	0	43,847
Mortgage Loan
Activity for loan servicing rights and the related fair value changes
Fair value, beginning of period	69,907	77,273	3,683
Additions due to acquisition		0	41,967
Additions from loans sold with servicing retained	10,842	8,903	23,844
Reduction from loans and servicing rights sold	(12,702)	0
Changes in fair value due to reductions from loans paid off during the period	(7,186)	(6,407)	(6,650)
Changes due to valuation inputs or assumptions	(3,223)	(9,862)	14,429
Fair value, end of period	57,638	69,907	77,273
Principal balance of loans serviced, fair value	$ 5,832,170	$ 7,050,445	$ 7,173,782

LOAN SERVICING RIGHTS (Detail99

LOAN SERVICING RIGHTS (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Loan servicing rights
Sale of principal balance of loans serviced	$ 1,200,000	$ 33,800
Principal balance of loans serviced, fair value	5,929,905	7,263,693	$ 7,478,400
Custodial escrow balances maintained in connection with serviced loans	63,200	71,000
Loan servicing fee income	$ 10,400	$ 13,800	$ 16,100
Commercial Real Estate
Loan servicing rights
WA discount rate (as a percent)	19.18%	19.48%
WA cost to service/per year	$ 472	$ 470
WA float range (as a percent)	0.56%	0.56%
Commercial Real Estate | Minimum
Loan servicing rights
Prepayment speed (as a percent)	0.00%	6.41%
Commercial Real Estate | Maximum
Loan servicing rights
Prepayment speed (as a percent)	50.00%	50.00%
Mortgage
Loan servicing rights
WA discount rate (as a percent)	9.13%	9.14%
WA cost to service/per year	$ 61	$ 61
WA ancillary income/per year	$ 36	$ 35
Mortgage | Minimum
Loan servicing rights
Prepayment speed (as a percent)	0.00%	3.63%
WA float range (as a percent)	0.56%	1.16%
Mortgage | Maximum
Loan servicing rights
Prepayment speed (as a percent)	34.56%	40.07%
WA float range (as a percent)	1.68%	1.74%

DERIVATIVE INSTRUMENTS AND B100

DERIVATIVE INSTRUMENTS AND BALANCE SHEET OFFSETTING (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Amount of ineffective interest rate swaps included in net income	$ 0
Derivative instruments
Notional Amount	559,491	$ 320,001
Offsetting derivative assets
Gross Derivative Assets	5,468	3,077
Offsetting derivative liabilities
Gross Derivative Liabilities	4,579	2,502
Credit valuation adjustments for counterparty credit risk	208	103
Designated as hedging instrument
Derivative instruments
Notional Amount	37,000	12,000
Offsetting derivative assets
Gross Derivative Assets	105	0
Offsetting derivative liabilities
Gross Derivative Liabilities	397	222
Designated as hedging instrument | Interest rate swaps
Derivative instruments
Notional Amount	37,000	12,000
Offsetting derivative assets
Gross Derivative Assets	105	0
Offsetting derivative liabilities
Gross Derivative Liabilities	397	222
Not designated as hedging instrument
Derivative instruments
Notional Amount	522,491	308,001
Offsetting derivative assets
Gross Derivative Assets	5,363	3,077
Offsetting derivative liabilities
Gross Derivative Liabilities	4,182	2,280
Not designated as hedging instrument | Forward contracts related to mortgage loans to be delivered for sale
Derivative instruments
Notional Amount	105,711	114,828
Offsetting derivative assets
Gross Derivative Assets	0	0
Offsetting derivative liabilities
Gross Derivative Liabilities	38	803
Not designated as hedging instrument | Interest rate lock commitments
Derivative instruments
Notional Amount	62,081	67,817
Offsetting derivative assets
Gross Derivative Assets	1,220	1,489
Offsetting derivative liabilities
Gross Derivative Liabilities	0	0
Not designated as hedging instrument | Customer-initiated derivatives
Derivative instruments
Notional Amount	354,699	125,356
Offsetting derivative assets
Gross Derivative Assets	4,143	1,588
Offsetting derivative liabilities
Gross Derivative Liabilities	$ 4,144	$ 1,477

DERIVATIVE INSTRUMENTS AND B101

DERIVATIVE INSTRUMENTS AND BALANCE SHEET OFFSETTING (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Derivative instruments
Net gains (losses) relating to free-standing derivative instruments	$ (1,704)	$ 13,621	$ 16,864
Forward contracts related to mortgage loans to be delivered for sale
Derivative instruments
Net gains (losses) relating to free-standing derivative instruments	(1,542)	13,862	23,798
Interest rate lock commitments
Derivative instruments
Net gains (losses) relating to free-standing derivative instruments	(267)	(344)	(6,934)
Customer-initiated derivatives
Derivative instruments
Net gains (losses) relating to free-standing derivative instruments	$ 105	$ 103	$ 0

DERIVATIVE INSTRUMENTS AND B102

DERIVATIVE INSTRUMENTS AND BALANCE SHEET OFFSETTING (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Derivative instruments
Amount of ineffective interest rate swaps included in net income		$ 0
Interest rate swaps | Forecast 2015
Derivative instruments
Amount of gain (loss) reclassified from other comprehensive income to interest income or expense (Effective portion)	$ 487
Cash flow hedging | Designated as hedging instrument | Interest rate swaps
Derivative instruments
Amount of gain (loss) recognized in other comprehensive income (Effective portion)		(507)	$ (259)
Amount of gain (loss) reclassified from other comprehensive income to interest income or expense (Effective portion)		437	37
Amount of ineffective interest rate swaps included in net income		$ 0	$ 0

DERIVATIVE INSTRUMENTS AND B103

DERIVATIVE INSTRUMENTS AND BALANCE SHEET OFFSETTING (Details 4) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Offsetting derivative assets
Gross amounts recognized	$ 5,468	$ 3,077
Offsetting derivative liabilities
Gross amounts recognized	4,579	2,502
Interest rate swaps and customer-initiated derivatives
Offsetting derivative assets
Gross amounts recognized	4,248	1,588
Gross amounts offset in the statement of financial condition	0	0
Net amounts presented in the statement of financial position	4,248	1,588
Gross amounts not offset in the statement of financial position
Financial instruments	(4,248)	(1,588)
Collateral (received)/posted	5,887	1,689
Net Amount	5,887	1,689
Offsetting derivative liabilities
Gross amounts recognized	4,541	1,699
Gross amounts offset in the statement of financial condition	0	0
Net amounts presented in the statement of financial position	4,541	1,699
Gross amounts not offset in the statement of financial position
Financial instruments	(4,248)	(1,588)
Collateral (received)/posted	293	111
Net Amount	$ 0	$ 0

COMMITMENTS, CONTINGENCIES A104

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Allowance for credit losses on lending-related commitments	$ 622	$ 539
Contingencies and Guarantees
Total commitments	1,213,471	1,039,626
Fixed Rate
Contingencies and Guarantees
Total commitments	$ 719,568	572,067
Fixed Rate | Minimum
Contingencies and Guarantees
Interest rate on loan commitments (as a percent)	1.64%
Maturity term of loan commitments	1 month
Fixed Rate | Maximum
Contingencies and Guarantees
Interest rate on loan commitments (as a percent)	21.00%
Maturity term of loan commitments	41 years
Variable Rate
Contingencies and Guarantees
Total commitments	$ 493,903	467,559
Commitments to extend
Contingencies and Guarantees
Total commitments	1,147,370	966,124
Commitments to extend | Fixed Rate
Contingencies and Guarantees
Total commitments	658,268	502,762
Commitments to extend | Variable Rate
Contingencies and Guarantees
Total commitments	489,102	463,362
Standby letters of credit
Contingencies and Guarantees
Total commitments	66,101	73,502
Standby letters of credit | Fixed Rate
Contingencies and Guarantees
Total commitments	61,300	69,305
Standby letters of credit | Variable Rate
Contingencies and Guarantees
Total commitments	$ 4,801	$ 4,197
Residential Mortgage | Maximum
Contingencies and Guarantees
Loan commitment term	60 days
Commercial Loan | Maximum
Contingencies and Guarantees
Loan commitment term	90 days

COMMITMENTS, CONTINGENCIES A105

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Performance guarantee
Contingencies and Guarantees
Outstanding balance of loans	$ 25,200	$ 39,800
Maximum potential amount of undiscounted future payments	19,400	31,600
Recourse liability	125	355
Standby letters of credit
Contingencies and Guarantees
Standby letters of credit outstanding	$ 66,100	$ 73,500

COMMITMENTS, CONTINGENCIES A106

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Changes in the activity related to liability recorded in connection with representations and warranties
Beginning reserve balance	$ 4,000	$ 4,450	$ 452
Addition of fair value of representations and warranties due to acquisition	0	500	8,073
Provision (benefit)	(543)	958	2,264
Charge-offs	(2,157)	(1,908)	(6,339)
Ending reserve balance	1,300	4,000	4,450
Liability for specific claims	380	2,431	3,278
General allowance	$ 920	$ 1,569	$ 1,172

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Banking and Thrift [Abstract]
Time deposits of $250 thousand or more	$ 706,700	$ 386,700
Time deposits included in other brokered funds	61,200
Scheduled maturities of time deposits
2,016	1,361,085
2,017	181,766
2,018	42,368
2,019	33,722
2,020	45,169
Thereafter	6,993
Total	$ 1,671,103

SHORT-TERM BORROWINGS AND LO108

SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Details) - USD ($) $ in Thousands, shares in Millions	Dec. 28, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Short-term borrowings and long-term debt
Amount, short-term borrowings and long-term debt		$ 813,055	$ 489,715
Weighted Average Rate, short-term borrowings and long-term debt (as a percent)		1.28%	1.53%
Amount, short-term borrowings		$ 348,998	$ 135,743
Weighted Average Rate, short-term borrowings (as a percent)		0.69%	0.26%
Long-term Debt, Total		$ 464,057	$ 353,972
Weighted Average Rate, long-term debt (as a percent)		1.73%	2.02%
Amount, short-term borrowings and long-term debt		$ 813,055	$ 489,715
Amortized Cost		885,249	734,674
Draw on existing line of credit		$ 30,000
Number of warrants repurchased (in shares)		2.5
Aggregate purchase price	$ 4,500	$ 19,892	0	$ 0
Mortgage-backed securities
Short-term borrowings and long-term debt
Amount of collateral for total borrowing capacity		1,800,000
Blanket lien arrangement		1,200,000
Specific lien arrangement		604,100
Additional maximum borrowing capacity		463,600
Additional maximum borrowing capacity as limited by Board resolutions		364,300
Subordinated notes related to trust preferred securities: Floating-rate based on three-month LIBOR plus 1.45% - 2.85% due 2034 to 2035
Short-term borrowings and long-term debt
Long-term Debt, Total		$ 10,865	$ 10,724
Weighted Average Rate, long-term debt (as a percent)		2.65%	2.48%
Purchase accounting premiums		$ 4,100	$ 4,300
Balance amount		$ 15,000	15,000
Subordinated notes related to trust preferred securities: Floating-rate based on three-month LIBOR plus 1.45% - 2.85% due 2034 to 2035 | one-month Libor | Minimum
Short-term borrowings and long-term debt
Spread on variable rate (as a percent)		1.45%
Subordinated notes related to trust preferred securities: Floating-rate based on three-month LIBOR plus 1.45% - 2.85% due 2034 to 2035 | one-month Libor | Maximum
Short-term borrowings and long-term debt
Spread on variable rate (as a percent)		2.85%
Securities sold under agreements to repurchase: 0.05% - 0.10% variable rate
Short-term borrowings and long-term debt
Amount, short-term borrowings and long-term debt			$ 25,743
Amount, short-term borrowings		$ 18,998
Weighted Average Rate, short-term borrowings (as a percent)		0.10%	0.10%
Amount, short-term borrowings and long-term debt			$ 25,743
Securities sold under agreements to repurchase: 0.05% - 0.10% variable rate | Minimum
Short-term borrowings and long-term debt
Interest rate (as a percent)		0.05%
Securities sold under agreements to repurchase: 0.05% - 0.10% variable rate | Maximum
Short-term borrowings and long-term debt
Interest rate (as a percent)		0.10%
FHLB advances: 0.42% - 0.70% fixed-rate notes
Short-term borrowings and long-term debt
Amount, short-term borrowings		$ 300,000	$ 100,000
Weighted Average Rate, short-term borrowings (as a percent)		0.58%	0.29%
FHLB advances: 0.42% - 0.70% fixed-rate notes | Minimum
Short-term borrowings and long-term debt
Interest rate (as a percent)		0.42%
FHLB advances: 0.42% - 0.70% fixed-rate notes | Maximum
Short-term borrowings and long-term debt
Interest rate (as a percent)		0.70%
FHLB advances: 0.43% variable-rate notes
Short-term borrowings and long-term debt
Amount, short-term borrowings		$ 0	$ 10,000
Weighted Average Rate, short-term borrowings (as a percent)		0.00%	0.43%
Interest rate (as a percent)		0.43%
FHLB advances: 0.34% - 7.44% fixed-rate notes due 2016 to 2027
Short-term borrowings and long-term debt
Long-term Debt, Total		$ 393,851	$ 286,804
Weighted Average Rate, long-term debt (as a percent)		1.34%	1.57%
Advances payable		$ 389,600	$ 280,100
Purchase accounting premiums		$ 4,300	6,700
FHLB advances: 0.34% - 7.44% fixed-rate notes due 2016 to 2027 | Minimum
Short-term borrowings and long-term debt
Interest rate (as a percent)		0.34%
FHLB advances: 0.34% - 7.44% fixed-rate notes due 2016 to 2027 | Maximum
Short-term borrowings and long-term debt
Interest rate (as a percent)		7.44%
Securities sold under agreements to repurchase: 4.11% - 4.30% fixed-rate notes due 2016 to 2037
Short-term borrowings and long-term debt
Long-term Debt, Total		$ 54,800	$ 56,444
Weighted Average Rate, long-term debt (as a percent)		4.19%	4.19%
Purchase accounting premiums		$ 4,800	$ 6,400
Balance amount		50,000	$ 50,000
Securities sold under agreements to repurchase: 4.11% - 4.30% fixed-rate notes due 2016 to 2037 | Minimum
Short-term borrowings and long-term debt
Interest rate (as a percent)			4.11%
Securities sold under agreements to repurchase: 4.11% - 4.30% fixed-rate notes due 2016 to 2037 | Maximum
Short-term borrowings and long-term debt
Interest rate (as a percent)			4.30%
Subordinated notes related to trust preferred securities
Short-term borrowings and long-term debt
Long-term Debt, Total		$ 4,541	$ 0
Weighted Average Rate, long-term debt (as a percent)		3.58%	0.00%
Purchase accounting premiums		$ 459
Long-term Debt, Gross		$ 5,000
Subordinated notes related to trust preferred securities | one-month Libor
Short-term borrowings and long-term debt
Spread on variable rate (as a percent)		3.25%
Securities sold under agreements to repurchase: 4.11% - 4.30% fixed-rate notes due 2016 to 2037
Short-term borrowings and long-term debt
Amortized Cost		$ 81,200
Holding Company
Short-term borrowings and long-term debt
Amount, short-term borrowings		30,000	$ 0
Long-term Debt, Total		15,406	10,724
Aggregate purchase price		19,892	0	$ 0
Holding Company | Line of credit
Short-term borrowings and long-term debt
Amount, short-term borrowings and long-term debt		$ 30,000	$ 0
Weighted Average Rate, short-term borrowings and long-term debt (as a percent)		2.18%	0.00%
Amount, short-term borrowings and long-term debt		$ 30,000	$ 0
Holding Company | Line of credit | one-month Libor
Short-term borrowings and long-term debt
Spread on variable rate (as a percent)		1.75%
Line of credit
Short-term borrowings and long-term debt
Draw on existing line of credit		$ 10,000

SHORT-TERM BORROWINGS AND LO109

SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Securities sold under agreement to repurchase
Short-term borrowings
Average daily balance	$ 21,269	$ 90,923	$ 38,205
Average interest rate for the period (as a percent)	0.10%	0.12%	0.24%
Maximum month-end balance	$ 26,703	$ 166,925	$ 42,864
FHLB advances: 0.42% - 0.70% fixed-rate notes
Short-term borrowings
Average daily balance	$ 76,602
Average daily balance (FHLB)		$ 53,980	$ 10,729
Average interest rate - FHLB (as a percent)	0.43%	0.66%	0.09%
Maximum month-end balance	$ 300,000	$ 110,000	$ 135,000
Federal funds purchased
Short-term borrowings
Average daily balance	$ 345	$ 1,282
Average interest rate for the period (as a percent)	0.31%	0.29%
Maximum month-end balance	$ 126,000	$ 0
FHLB overnight repurchase agreements:
Short-term borrowings
Average daily balance (FHLB)	$ 0	$ 2,204
Average interest rate - FHLB (as a percent)	0.00%	0.10%
Maximum month-end balance	$ 0	$ 0
Holding Company | Line of credit
Short-term borrowings
Average daily balance	$ 23,192	$ 5,562	$ 479
Average interest rate for the period (as a percent)	3.14%	3.17%	3.17%
Maximum month-end balance	$ 30,000	$ 35,000	$ 35,000

SHORT-TERM BORROWINGS AND LO110

SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Remaining Contractual Maturities of the Agreements
Total short-term borrowings	$ 348,998	$ 135,743
Amounts related to agreements not included in offsetting disclosure in Footnote 12	68,998
Securities sold under agreements to repurchase
Remaining Contractual Maturities of the Agreements
Overnight and continuous	18,998
Up to 30 Days	0
30-90 Days	0
Greater than 90 Days	50,000
Total short-term borrowings	$ 68,998

SHORT-TERM BORROWINGS AND LO111

SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Details 4) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Contractual principal payments due and the amortization/ accretion of purchase accounting adjustments for the remaining maturities of long-term debt over the next five years and thereafter
2,016	$ 352,066
2,017	12,982
2,018	61,522
2,019	506
2,020	506
Thereafter	36,475
Long-term Debt, Total	$ 464,057	$ 353,972

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current income tax expense (benefit)
Federal													$ 2,786	$ 22,467	$ (3,875)
State													(234)	623	319
Total current income tax expense (benefit)													2,552	23,090	(3,556)
Deferred income tax expense (benefit)
Federal													17,670	(6,271)	13,037
State													1,352	1,013	(390)
Total deferred income tax expense (benefit)													19,022	(5,258)	12,647
Change in valuation allowance													2,292	(10,127)	(14,426)
Income tax provision (benefit)	$ 4,821	$ 6,425	$ 8,179	$ 4,441	$ 3,703	$ 9,904	$ (4,246)	$ (1,656)	$ (5,971)	$ (4,057)	$ 7,743	$ (3,050)	23,866	7,705	(5,335)
Amount
Tax based on federal statutory rate													29,398	34,494	32,628
Effect of:
Tax exempt income													(2,736)	(2,404)	(1,705)
State taxes, net of federal benefit													729	1,226	(46)
Change in valuation allowance													2,292	(10,127)	(14,426)
Bargain purchase gain													0	(14,692)	(25,096)
Transaction costs													32	226	2,748
Deferred tax benefit related to additional Talmer West Bank net operating losses													(4,991)	0	0
Other, net													(858)	(1,018)	562
Income tax provision (benefit)	4,821	6,425	8,179	4,441	3,703	9,904	(4,246)	(1,656)	(5,971)	(4,057)	7,743	(3,050)	$ 23,866	$ 7,705	$ (5,335)
Rate
Tax based on federal statutory rate (as a percent)													35.00%	35.00%	35.00%
Effect of:
Tax exempt income (as a percent)													(3.30%)	(2.40%)	(1.80%)
State taxes, net of federal benefit (as a percent)													0.90%	1.20%	0.00%
Change in valuation allowance (as a percent)													2.70%	(10.30%)	(15.50%)
Bargain purchase gain (as a percent)													(0.00%)	(14.90%)	(26.90%)
Transaction costs (as a percent)													0.00%	0.20%	2.90%
Deferred tax benefit (as a percent)													(5.90%)	0.00%	0.00%
Other, net (as a percent)													(1.00%)	(1.00%)	0.60%
Income tax expense (benefit) (as a percent)													28.40%	7.80%	(5.70%)
Pre-tax income	17,934	$ 26,460	$ 25,727	$ 13,874	16,205	$ 29,419	$ 16,360	$ (5,406)	$ 6,582	$ 6,487	$ 22,749	$ 57,405	$ 83,995	$ 98,555	$ 93,223
Deferred tax assets:
Allowance for loan losses	41,518				48,078								41,518	48,078
Other real estate losses	2,001				4,410								2,001	4,410
Organizational costs	239				274								239	274
Accrued stock-based compensation	6,034				5,769								6,034	5,769
Accrued expenses	415				0								415	0
Loss and tax credit carry forwards	58,121				30,120								58,121	30,120
Acquisition built in loss carryforwards	7,276				10,472								7,276	10,472
Other reserves	733				1,750								733	1,750
Goodwill and other intangibles	1,093				1,306								1,093	1,306
Nonaccrual interest	2,580				11,163								2,580	11,163
Business combination adjustments	55,934				80,792								55,934	80,792
Total deferred tax assets	175,944				194,134								175,944	194,134
Deferred tax liabilities:
Depreciation	2,226				1,487								2,226	1,487
FHLB stock dividends	248				258								248	258
Deferred loan fees	223				471								223	471
Prepaid expenses	0				48								0	48
Net unrealized gain on available-for-sale securities	1,830				2,073								1,830	2,073
Loan servicing rights	20,645				25,016								20,645	25,016
Other	151				219								151	219
Total deferred tax liabilities	25,323				29,572								25,323	29,572
Net deferred tax asset before valuation allowance	150,621				164,562								150,621	164,562
Valuation allowance	(2,292)				0								(2,292)	0
Net deferred tax asset	$ 148,329				$ 164,562								$ 148,329	$ 164,562

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) - USD ($) $ in Thousands	Jan. 01, 2014	Jan. 01, 2013	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Feb. 06, 2015
INCOME TAXES
Income tax provision (benefit)			$ 4,821	$ 6,425	$ 8,179	$ 4,441	$ 3,703	$ 9,904	$ (4,246)	$ (1,656)	$ (5,971)	$ (4,057)	$ 7,743	$ (3,050)	$ 23,866	$ 7,705	$ (5,335)
Pre-tax income			17,934	$ 26,460	$ 25,727	$ 13,874	16,205	29,419	16,360	(5,406)	6,582	6,487	22,749	57,405	$ 83,995	$ 98,555	$ 93,223
Effective tax rate (as a percent)															28.40%	7.80%	(5.70%)
Bargain purchase gain	$ 42,000						0	$ 0	$ 0	$ 41,977	0	$ 0	$ 0	$ 71,702	$ 0	$ 41,977	$ 71,702
Change in valuation allowance															2,292	(10,127)	(14,426)
Tax credit carryforwards			175,944				194,134								175,944	194,134
Valuation allowance			2,292				0								2,292	0
Increase in valuation allowance															(2,292)	10,127	14,426
Bad debt reserve in equity for which no provision for tax has been recorded			36,000												36,000
Provision for federal income taxes for the bad debt reserve established in 1987															0
Potential tax amount for the bad debt reserve															13,000
Anticipated tax refund related to amended tax return			4,200												4,200
Unrecognized tax benefits			0				0								0	0
Liabilities accrued for interest or penalties			0				0								0	0
First of Huron, Corp.
INCOME TAXES
Tax credit carryforwards																		$ 4,800
First of Huron, Corp. | Limited by Section 382
INCOME TAXES
Operating Loss Carryforwards, Limitations On Use, Amount			365												365
First Place Bank
INCOME TAXES
Bargain purchase gain		$ 71,702
Change in valuation allowance																	14,400
Operating Loss Carryforwards, Limitations On Use, Amount			6,600												6,600
Operating loss carryforwards, valuation allowance							$ 0				$ 10,100					$ 0	$ 10,100
First Place Bank | Limited by Section 382
INCOME TAXES
Operating Loss Carryforwards, Limitations On Use, Amount			6,650												6,650
Talmer West Bank
INCOME TAXES
Bargain purchase gain	41,977
Deferred tax assets, net	$ 60,400
Net operating loss carry forwards and built-in losses realization period	5 years
Bad debts deductions period	1 year
Valuation allowance	$ 0
Additional tax benefit			5,000												5,000
Increase in valuation allowance															2,300
Talmer West Bank | Limited by Section 382
INCOME TAXES
Operating Loss Carryforwards, Limitations On Use, Amount			3,028												3,028
Scenario, Previously Reported [Member] | First Place Bank
INCOME TAXES
Operating Loss Carryforwards, Limitations On Use, Amount			$ 1,700												$ 1,700

INCOME TAXES (Details 3)

INCOME TAXES (Details 3) $ in Thousands	Dec. 31, 2015USD ($)
Operating Loss Carryforwards [Line Items]
Realized Built-in Losses	$ 31,160
Less amounts not recorded due to Sec 382 Limitation	(24,442)
Valuation Allowance	(2,292)
Federal
Operating Loss Carryforwards [Line Items]
Gross Net Operating Losses	108,523
Business Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	1,017
Alternative Minimum Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	23,880
First Place Bank
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards, Limitations On Use, Amount	6,600
Limited by Section 382 | Talmer West Bank
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards, Limitations On Use, Amount	3,028
Realized Built-in Losses	18,249
Less amounts not recorded due to Sec 382 Limitation	(23,104)
Valuation Allowance	(2,292)
Limited by Section 382 | Talmer West Bank | Federal
Operating Loss Carryforwards [Line Items]
Gross Net Operating Losses	65,411
Limited by Section 382 | Talmer West Bank | Business Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	0
Limited by Section 382 | Talmer West Bank | Alternative Minimum Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	0
Limited by Section 382 | First of Huron, Corp.
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards, Limitations On Use, Amount	365
Realized Built-in Losses	0
Less amounts not recorded due to Sec 382 Limitation	0
Valuation Allowance	0
Limited by Section 382 | First of Huron, Corp. | Federal
Operating Loss Carryforwards [Line Items]
Gross Net Operating Losses	1,706
Limited by Section 382 | First of Huron, Corp. | Business Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	0
Limited by Section 382 | First of Huron, Corp. | Alternative Minimum Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	303
Limited by Section 382 | From 2009 Ownership Change
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards, Limitations On Use, Amount	145
Realized Built-in Losses	0
Less amounts not recorded due to Sec 382 Limitation	(1,338)
Valuation Allowance	0
Limited by Section 382 | From 2009 Ownership Change | Federal
Operating Loss Carryforwards [Line Items]
Gross Net Operating Losses	3,513
Limited by Section 382 | From 2009 Ownership Change | Business Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	0
Limited by Section 382 | From 2009 Ownership Change | Alternative Minimum Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	0
Limited by Section 382 | First Place Bank
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards, Limitations On Use, Amount	6,650
Realized Built-in Losses	12,911
Less amounts not recorded due to Sec 382 Limitation	0
Valuation Allowance	0
Limited by Section 382 | First Place Bank | Federal
Operating Loss Carryforwards [Line Items]
Gross Net Operating Losses	24,750
Limited by Section 382 | First Place Bank | Business Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	847
Limited by Section 382 | First Place Bank | Alternative Minimum Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	1,910
Not Limited by Section 382
Operating Loss Carryforwards [Line Items]
Realized Built-in Losses	0
Valuation Allowance	0
Not Limited by Section 382 | Federal
Operating Loss Carryforwards [Line Items]
Gross Net Operating Losses	13,143
Not Limited by Section 382 | Business Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	170
Not Limited by Section 382 | Alternative Minimum Tax Credits
Operating Loss Carryforwards [Line Items]
Tax Credit Carryforwards	$ 21,667

STOCK-BASED COMPENSATION AND115

STOCK-BASED COMPENSATION AND STOCK WARRANTS (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Stock-based compensation
Shares of common stock issued or issuable	9,800,000
Option shares available for grant	1,300,000
Weighted-average assumptions used in determination of the fair value of options granted
Fair value of options granted (in dollars per share)		$ 4.77	$ 2.13
Expected dividend yield (as a percent)		0.00%	0.00%
Expected volatility (as a percent)		30.02%	24.37%
Risk-free interest rate (as a percent)		1.98%	0.97%
Expected life (in years)		6 years	6 years
Number of Shares
Outstanding at the beginning of the period (in shares)	7,958,000
Exercised (in shares)	(723,000)
Outstanding at the end of the period (in shares)	7,235,000	7,958,000
Options fully vested (in shares)	7,235,000
Exercisable at the end of the period (in shares)	7,235,000
Weighted Average Exercise Price per Share
Outstanding at the beginning of the period (in dollars per share)	$ 6.96
Exercised (in dollars per share)	6.85
Outstanding at the end of the period (in dollars per share)	6.97	$ 6.96
Options fully vested (in dollars per share)	6.97
Exercisable at the end of the period (in dollars per share)	$ 6.97
Weighted Average Remaining Contractual Life
Outstanding at the end of the period	5 years 8 months 16 days
Options fully vested	5 years 8 months 16 days
Exercisable at the end of the period	5 years 8 months 16 days
Aggregate Intrinsic Value
Outstanding at the end of the period	$ 80,603
Options fully vested	80,603
Exercisable at the end of the period	$ 80,603
Employee Stock Option
Stock-based compensation
Granted (in shares)	0
Weighted-average assumptions used in determination of the fair value of options granted
Expected life (in years)	6 years	6 years
Aggregate Intrinsic Value
Weighted average fair value of options exercised (in dollars per share)	$ 15.89
Total intrinsic value of stock options exercised	$ 6,500	$ 4,000	$ 14
Cash received from exercise of options	$ 210	$ 143	$ 41
Number of shares issued from exercise of options	35,000	25,000	5,000
Number of shares issued under the net-settlement option	258,000	191,000	5,000
Tax benefit realized from option exercises	$ 1,800	$ 1,100	$ 2
Additional information
Total expense		460	$ 9,600
Restricted Stock [Member]
Additional information
Total expense	$ 1,800	$ 672
Vesting on grant date | Employee Stock Option
Stock-based compensation
Granted (in shares)		0
Expiration period from the grant date	10 years	10 years
Salary and Employee Benefits | Employees | Restricted Stock [Member]
Additional information
Total expense	$ 1,500	$ 504
Professional Fee | Director | Restricted Stock [Member]
Additional information
Total expense	$ 266	$ 168

STOCK-BASED COMPENSATION AND116

STOCK-BASED COMPENSATION AND STOCK WARRANTS (Details 2) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015
Shares
Nonvested at beginning of period (in shares)	378
Nonvested at end of period (in shares)		378
Weighted-Average Grant-Date Fair Value
Nonvested at beginning of period (in dollars per share)	$ 14.44
Nonvested at end of period (in dollars per share)		$ 14.44
Additional information
Awards outstanding (in shares)	378	378
Restricted Stock
Shares
Granted (in shares)	405
Vested (in shares)	(19)
Forfeited (in shares)	(38)
Nonvested at end of period (in shares)	726
Weighted-Average Grant-Date Fair Value
Granted (in dollars per share)	$ 15.16
Vested (in dollars per share)	14.44
Forfeited (in dollars per share)	14.88
Nonvested at end of period (in dollars per share)	$ 14.82
Additional information
Total compensation expense	$ 1,800	$ 672
Awards outstanding (in shares)	726		726
Total unrecognized compensation cost			$ 8,600
Weighted-average period over which unrecognized compensation cost is expected to be recognized	3 years 11 months
Restricted Stock | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	5 years
Restricted Stock | Employees | Salary and Employee Benefits
Additional information
Total compensation expense	$ 1,500	504
Restricted Stock | Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Restricted Stock | Director | Professional Fee
Additional information
Total compensation expense	$ 266	$ 168

STOCK-BASED COMPENSATION AND117

STOCK-BASED COMPENSATION AND STOCK WARRANTS (Details 3) - USD ($) $ / shares in Units, $ in Thousands	Dec. 28, 2015	Feb. 17, 2015	Apr. 30, 2010	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 27, 2012	Feb. 21, 2012	Feb. 10, 2010
Stock Warrants
FDIC warrants payable				$ 0	$ 4,633
Consideration paid to terminate all outstanding warrants	$ 4,500			$ 19,892	0	$ 0
Number of warrants repurchased (in shares)				2,500,000
Warrants repurchase
Stock Warrants
Number of warrants repurchased (in shares)		2,529,416
Aggregate purchase price of warrants repurchased		$ 19,900
Stock warrants issued in relation to seed capital in February 2010
Stock Warrants
Strike price (in dollars per share)									$ 10
Warrants outstanding (in shares)				38,855,000
Stock warrants issued in relation to seed capital in February 2010 | Common Stock | Investor
Stock Warrants
Warrants issued (in shares)									38,855
Stock warrants issued in relation to April 2010 capital raise from private equity investors
Stock Warrants
Warrants issued (in shares)			1,623,162
Strike price (in dollars per share)			$ 6
Stock warrants issued in relation to April 2010 capital raise from private equity investors | Common Stock | Investor
Stock Warrants
Warrants issued (in shares)			1,623,162
Stock warrants issued in relation to April 2010 acquisitions of CF Bancorp
Stock Warrants
Strike price (in dollars per share)			$ 6
Term of warrants			10 years
FDIC warrants payable			$ 2,900
Periodic amortization expense				$ 278	274	219
Additional amortization expense due to change in potential cash settlement amount				$ (325)	$ 241	$ 163
Stock warrants issued in relation to April 2010 acquisitions of CF Bancorp | Common Stock | Federal Deposit Insurance Corporation
Stock Warrants
Warrants issued (in shares)			390,000
Stock warrants issued in relation to February 2012 capital raise from private equity investors
Stock Warrants
Warrants issued (in shares)								109,122
Strike price (in dollars per share)								$ 8
Stock warrants issued in relation to February 2012 capital raise from private equity investors | Common Stock | Investor
Stock Warrants
Warrants issued (in shares)								109,122
Stock warrants issued in relation to December 2012 capital raise from private equity investors
Stock Warrants
Warrants issued (in shares)							797,132
Strike price (in dollars per share)							$ 8
Stock warrants issued in relation to December 2012 capital raise from private equity investors | Common Stock | Investor
Stock Warrants
Warrants issued (in shares)							797,132

TRANSACTIONS WITH RELATED PA118

TRANSACTIONS WITH RELATED PARTIES (Details) - Executive Officer Director Principal Shareholder and Related Interest - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Loans to executive officers, directors, principal shareholders and their related interests
Beginning balance	$ 7,288	$ 6,965
Additional financing	186	739
Repayments	(1,938)	(416)
Ending balance	218	7,288
Impact of changes in related parties	(5,318)	0
Deposits from related parties	$ 5,600	$ 9,500

REGULATORY CAPITAL MATTERS (Det

REGULATORY CAPITAL MATTERS (Details) - USD ($) $ / shares in Units, $ in Thousands	Jan. 25, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
REGULATORY CAPITAL MATTERS
Capital conservation buffer (as a percent)		2.50%
Phase-in period for capital conservation buffer		4 years
Total capital to risk-weighted assets
Actual Amount		$ 718,666	$ 720,552
Actual Ratio (as a percent)		13.00%	16.40%
For Capital Adequacy Purposes Amount		$ 442,170	$ 350,645
For Capital Adequacy Purposes Ratio (as a percent)		8.00%	8.00%
Common equity tier 1 capital
Actual Amount		$ 662,668
Actual Ratio (as a percent)		12.00%
For Capital Adequacy Purposes Amount		$ 248,721
For Capital Adequacy Purposes Ratio (as a percent)		4.50%
Tier 1 capital to risk-weighted assets
Actual Amount		$ 662,668	$ 666,035
Actual Ratio (as a percent)		12.00%	15.20%
For Capital Adequacy Purposes Amount		$ 331,628	$ 175,323
For Capital Adequacy Purposes Ratio (as a percent)		6.00%	4.00%
Tier 1 leverage ratio
Actual Amount		$ 662,668	$ 666,035
Actual Ratio (as a percent)		10.20%	11.60%
For Capital Adequacy Purposes Amount		$ 259,694	$ 230,546
For Capital Adequacy Purposes Ratio (as a percent)		4.00%	4.00%
Dividend income from subsidiary		$ 95,000	$ 25,000
Dividend declared (in dollars per share)		$ 0.04	$ 0.02	$ 0
Subsequent event | Class A Voting Common Stock
Tier 1 leverage ratio
Dividend declared (in dollars per share)	$ 0.05
Talmer Bank and Trust
Total capital to risk-weighted assets
Actual Amount		$ 740,338	$ 627,851
Actual Ratio (as a percent)		13.50%	16.30%
For Capital Adequacy Purposes Amount		$ 439,255	$ 308,374
For Capital Adequacy Purposes Ratio (as a percent)		8.00%	8.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount		$ 549,068	$ 385,468
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)		10.00%	10.00%
Common equity tier 1 capital
Actual Amount		$ 684,340
Actual Ratio (as a percent)		12.50%
For Capital Adequacy Purposes Amount		$ 247,081
For Capital Adequacy Purposes Ratio (as a percent)		4.50%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount		$ 356,894
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)		6.50%
Tier 1 capital to risk-weighted assets
Actual Amount		$ 684,340	$ 579,604
Actual Ratio (as a percent)		12.50%	15.00%
For Capital Adequacy Purposes Amount		$ 329,441	$ 154,187
For Capital Adequacy Purposes Ratio (as a percent)		6.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount		$ 439,255	$ 231,281
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)		8.00%	6.00%
Tier 1 leverage ratio
Actual Amount		$ 684,340	$ 579,604
Actual Ratio (as a percent)		10.50%	11.60%
For Capital Adequacy Purposes Amount		$ 259,784	$ 200,128
For Capital Adequacy Purposes Ratio (as a percent)		4.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount		$ 324,730	$ 250,160
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)		5.00%	5.00%
Talmer Bank and Trust | Minimum
Tier 1 leverage ratio
Surplus required for declaration or payment of dividend as a percentage of capital remaining after dividend payment		20.00%
First Place Bank
Total capital to risk-weighted assets
Actual Amount			$ 101,926
Actual Ratio (as a percent)			19.60%
For Capital Adequacy Purposes Amount			$ 41,628
For Capital Adequacy Purposes Ratio (as a percent)			8.00%
Tier 1 capital to risk-weighted assets
Actual Amount			$ 95,656
Actual Ratio (as a percent)			18.40%
For Capital Adequacy Purposes Amount			$ 20,814
For Capital Adequacy Purposes Ratio (as a percent)			4.00%
Tier 1 leverage ratio
Actual Amount			$ 95,656
Actual Ratio (as a percent)			12.40%
For Capital Adequacy Purposes Amount			$ 30,786
For Capital Adequacy Purposes Ratio (as a percent)			4.00%

PARENT COMPANY FINANCIAL STA120

PARENT COMPANY FINANCIAL STATEMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Assets
Cash and cash equivalents	$ 387,323	$ 253,736	$ 375,356	$ 362,771
Income tax benefit	177,183	177,472
Other assets	46,684	40,982
Total assets	6,595,890	5,872,264
Liabilities
Short-term borrowings	348,998	135,743
Long-term debt	464,057	353,972
Total liabilities	5,870,675	5,110,657
Shareholders' equity	725,215	761,607	617,015	520,743
Total liabilities and shareholders' equity	6,595,890	5,872,264
Holding Company
Assets
Cash and cash equivalents	12,581	9,497	$ 98,411	$ 211,849
Investment in banking subsidiaries	750,713	756,452
Income tax benefit	8,504	7,975
Other assets	994	655
Total assets	772,792	774,579
Liabilities
Short-term borrowings	30,000	0
Long-term debt	15,406	10,724
Accrued expenses and other liabilities	2,171	2,248
Total liabilities	47,577	12,972
Shareholders' equity	725,215	761,607
Total liabilities and shareholders' equity	$ 772,792	$ 774,579

PARENT COMPANY FINANCIAL STA121

PARENT COMPANY FINANCIAL STATEMENTS (Details 2) - USD ($) $ in Thousands	Jan. 01, 2014	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income
Dividend income from subsidiary														$ 95,000	$ 25,000
Bargain purchase gain	$ 42,000					$ 0	$ 0	$ 0	$ 41,977	$ 0	$ 0	$ 0	$ 71,702	0	41,977	$ 71,702
Other noninterest income														15,192	17,366	12,837
Expenses
Salaries and employee benefits														113,097	121,744	146,609
Bank acquisition and due diligence fees																8,700
Professional services														12,786	12,952	16,640
Insurance expense														5,933	5,697	9,974
Marketing expense														5,550	4,923	3,484
Interest on short-term borrowings														967	420	105
Interest on long-term debt														3,717	2,627	3,052
Other		$ 48,238	$ 47,829	$ 53,293	$ 56,595									26,354	26,762	25,965
Income tax provision (benefit)		4,821	6,425	8,179	4,441	3,703	9,904	(4,246)	(1,656)	(5,971)	(4,057)	7,743	(3,050)	23,866	7,705	(5,335)
Net income		$ 13,113	$ 20,035	$ 17,548	$ 9,433	$ 12,502	$ 19,515	$ 20,606	$ (3,750)	$ 12,553	$ 10,544	$ 15,006	$ 60,455	60,129	90,850	98,558
Total comprehensive income, net of tax														59,678	102,696	86,644
Holding Company
Income
Dividend income from subsidiary														95,000	25,000	88,000
Bargain purchase gain														0	41,977	71,702
Other noninterest income														48	11	481
Total income														95,048	66,988	160,183
Expenses
Salaries and employee benefits														5,894	8,268	19,624
Bank acquisition and due diligence fees														1,568	2,547	8,619
Professional services														1,858	1,996	1,163
Insurance expense														316	718	136
Marketing expense														158	245	1,039
Interest on short-term borrowings														739	151	0
Interest on long-term debt														716	508	551
Other														300	282	265
Total expenses														11,549	14,715	31,397
Income (loss) before income taxes and equity in undistributed net earnings of subsidiaries														83,499	52,273	128,786
Income tax benefit														3,946	4,945	8,568
Equity in (over)/under distributed earnings of subsidiaries														(27,316)	33,632	(38,796)
Net income														60,129	90,850	98,558
Total comprehensive income, net of tax														$ 59,678	$ 102,696	$ 86,644

PARENT COMPANY FINANCIAL STA122

PARENT COMPANY FINANCIAL STATEMENTS (Details 3) - USD ($) $ / shares in Units, $ in Thousands	Dec. 28, 2015	Jan. 01, 2014	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities
Net income			$ 13,113	$ 20,035	$ 17,548	$ 9,433	$ 12,502	$ 19,515	$ 20,606	$ (3,750)	$ 12,553	$ 10,544	$ 15,006	$ 60,455	$ 60,129	$ 90,850	$ 98,558
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on acquisition		$ (42,000)					0	$ 0	$ 0	(41,977)	0	$ 0	$ 0	(71,702)	0	(41,977)	(71,702)
Stock-based compensation expense															1,780	1,132	9,556
(Increase) decrease in other assets, net															(20,023)	6,169	11,585
Increase (decrease) in accrued expenses and other liabilities, net															(1,230)	5,713	(3,612)
Net cash from operating activities															140,800	106,660	247,927
Cash flows from investing activities
Net cash from (used in) investing activities															(479,369)	(981,460)	134,719
Cash flows from financing activities
Issuance of common stock															(183)	42,174	41
Repurchase of 5.1 million common shares															(74,987)	0	0
Repurchase of warrants to purchase 2.5 million shares, at fair value	$ (4,500)														(19,892)	0	0
Cash dividends paid on common stock															(2,788)	(1,410)	0
Draw on senior unsecured line of credit															30,000	0	35,000
Repayments of senior unsecured line of credit															0	(35,000)	0
Net cash from (used in) financing activities															472,156	753,180	(370,061)
Net change in cash and cash equivalents															133,587	(121,620)	12,585
Beginning cash and cash equivalents		375,356				$ 253,736				375,356				362,771	253,736	375,356	362,771
Ending cash and cash equivalents			$ 387,323				$ 253,736				375,356				$ 387,323	$ 253,736	375,356
Dividend paid (in dollars per share)			$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01							$ 0.04	$ 0.02
Holding Company
Cash flows from operating activities
Net income															$ 60,129	$ 90,850	98,558
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in over/(under) distributed earnings of subsidiaries															27,316	(33,632)	38,796
Gain on acquisition															0	(41,977)	(71,702)
Stock-based compensation expense															795	516	8,392
Increase in income tax benefit															(146)	(2,571)	(10,318)
(Increase) decrease in other assets, net															(145)	1,128	8,777
Increase (decrease) in accrued expenses and other liabilities, net															(2,417)	(2,992)	3,018
Net cash from operating activities															85,532	11,322	75,521
Cash flows from investing activities
Cash used in acquisitions															(13,323)	(6,500)	(45,000)
Capital contributions to subsidiaries															0	(99,500)	(179,000)
Refund of investment															2,225	0	0
Net cash from (used in) investing activities															(11,098)	(106,000)	(224,000)
Cash flows from financing activities
Issuance of common stock															0	42,074	0
Issuance of common stock and restricted stock awards, including tax benefit															(183)	100	41
Repurchase of 5.1 million common shares															(74,987)	0	0
Repurchase of warrants to purchase 2.5 million shares, at fair value															(19,892)	0	0
Cash dividends paid on common stock															(2,788)	(1,410)	0
Draw on senior unsecured line of credit															30,000	0	35,000
Repayments of senior unsecured line of credit															0	(35,000)	0
Repayment of long-term debt															(3,500)	0	0
Net cash from (used in) financing activities															(71,350)	5,764	35,041
Net change in cash and cash equivalents															3,084	(88,914)	(113,438)
Beginning cash and cash equivalents		$ 98,411				$ 9,497				$ 98,411				$ 211,849	9,497	98,411	211,849
Ending cash and cash equivalents			$ 12,581				$ 9,497				$ 98,411				$ 12,581	$ 9,497	$ 98,411

EARNINGS PER COMMON SHARE (Deta

EARNINGS PER COMMON SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Numerator for basic and diluted EPS:
Net income	$ 13,113	$ 20,035	$ 17,548	$ 9,433	$ 12,502	$ 19,515	$ 20,606	$ (3,750)	$ 12,553	$ 10,544	$ 15,006	$ 60,455	$ 60,129	$ 90,850	$ 98,558
Net income allocated to participating securities													556	279	0
Net income allocated to common shareholders													$ 59,573	$ 90,571	$ 98,558
Weighted average common shares - issued													69,287	69,817	66,230
Average unvested restricted share awards (in shares)													(641)	(212)	0
Weighted average common shares outstanding - basic													68,646	69,605	66,230
Effect of dilutive securities -
Employee and director stock options (in shares)													4,240	4,032	2,485
Warrants (in shares)													445	1,513	949
Weighted average common shares outstanding - diluted													73,331	75,150	69,664
EPS available to common shareholders
Basic (in dollars per share)	$ 0.20	$ 0.29	$ 0.25	$ 0.13	$ 0.18	$ 0.28	$ 0.29	$ 0.56	$ 0.19	$ 0.16	$ 0.23	$ 0.91	$ 0.87	$ 1.30	$ 1.49
Diluted (in dollars per share)	$ 0.19	$ 0.27	$ 0.23	$ 0.12	$ 0.16	$ 0.26	$ 0.27	$ 0.52	$ 0.18	$ 0.15	$ 0.21	$ 0.89	0.81	1.21	1.41
Other information on EPS
Average stock valuation (in dollars per share)													$ 16.03	$ 13.64	$ 9.81
Options
Antidilutive average shares related to outstanding options and warrants
Average outstanding shares (in shares)														20	40
Options | Minimum
Antidilutive average shares related to outstanding options and warrants
Outstanding exercise prices (in dollars per share)														$ 14.44	$ 10
Options | Maximum
Antidilutive average shares related to outstanding options and warrants
Outstanding exercise prices (in dollars per share)														$ 14.44	$ 10
Warrants repurchase
Antidilutive average shares related to outstanding options and warrants
Average outstanding shares (in shares)														0	39
Warrants repurchase | Minimum
Antidilutive average shares related to outstanding options and warrants
Outstanding exercise prices (in dollars per share)															$ 10
Warrants repurchase | Maximum
Antidilutive average shares related to outstanding options and warrants
Outstanding exercise prices (in dollars per share)															$ 10

ACCUMULATED OTHER COMPREHENS124

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of period	$ 3,850	$ (7,996)	$ 3,918
Other comprehensive income (loss) before reclassifications	(671)	10,480	(11,659)
Amounts reclassified from accumulated other comprehensive income	220	1,366	(255)
Net current period other comprehensive income (loss)	(451)	11,846	(11,914)
Balance at the end of period	3,399	3,850	(7,996)
Net gain (loss) on sales of securities	99	(2,066)	392
Income tax expense (benefit) with the reclassification adjustments related to available-for-sale securities	35	(723)	137
Other brokered funds included in total interest expense	(437)	(37)
Income tax expense (benefit) associated with the reclassification adjustments related to cash flow hedges	(153)	(14)
Unrealized gains (losses) on securities available-for-sale, net of tax
Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of period	3,995	(7,996)	3,918
Other comprehensive income (loss) before reclassifications	(342)	10,648	(11,659)
Amounts reclassified from accumulated other comprehensive income	(64)	1,343	(255)
Net current period other comprehensive income (loss)	(406)	11,991	(11,914)
Balance at the end of period	3,589	3,995	(7,996)
Unrealized gains (losses) on cash flow hedges, net of tax
Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of period	(145)	0	0
Other comprehensive income (loss) before reclassifications	(329)	(168)	0
Amounts reclassified from accumulated other comprehensive income	284	23	0
Net current period other comprehensive income (loss)	(45)	(145)	0
Balance at the end of period	$ (190)	$ (145)	$ 0

SUMMARY OF QUARTERLY RESULTS125

SUMMARY OF QUARTERLY RESULTS OF OPERATIONS (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 28, 2015	Jan. 01, 2014	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]
Interest income			$ 64,302	$ 61,050	$ 54,414	$ 55,122	$ 55,002	$ 55,616	$ 55,213	$ 51,192	$ 41,932	$ 46,869	$ 47,076	$ 43,845	$ 234,888	$ 217,023	$ 179,722
Interest expense			5,924	5,403	4,805	4,090	3,539	3,399	2,835	2,987	2,648	2,868	3,021	3,188	20,222	12,760	11,725
Net interest income			58,378	55,647	49,609	51,032	51,463	52,217	52,378	48,205	39,284	44,001	44,055	40,657	214,666	204,263	167,997
Provision (benefit) for loan losses			(4,583)	700	(7,313)	1,993	2,994	1,509	(4,102)	3,926	3,250	2,125	(2,537)	2,260	(9,203)	4,327	5,098
Bargain purchase gain		$ 42,000					0	0	0	41,977	0	0	0	71,702	0	41,977	71,702
Other noninterest income							15,834	29,974	13,951	15,763	23,557	17,984	36,006	31,889
Noninterest Income			23,575	19,342	22,098	21,430									86,445	117,499	181,138
Net loss on early termination of loss share with FDIC	$ 20,400		20,364	0	0	0									20,364	0	0
Other expense			48,238	47,829	53,293	56,595									26,354	26,762	25,965
Noninterest expense							48,098	51,263	54,071	65,448	53,009	53,373	59,849	84,583	226,319	218,880	250,814
Income before income taxes			17,934	26,460	25,727	13,874	16,205	29,419	16,360	(5,406)	6,582	6,487	22,749	57,405	83,995	98,555	93,223
Income tax provision (benefit)			4,821	6,425	8,179	4,441	3,703	9,904	(4,246)	(1,656)	(5,971)	(4,057)	7,743	(3,050)	23,866	7,705	(5,335)
Net income			$ 13,113	$ 20,035	$ 17,548	$ 9,433	$ 12,502	$ 19,515	$ 20,606	$ (3,750)	$ 12,553	$ 10,544	$ 15,006	$ 60,455	$ 60,129	$ 90,850	$ 98,558
Earnings per share:
Basic (in dollars per share)			$ 0.20	$ 0.29	$ 0.25	$ 0.13	$ 0.18	$ 0.28	$ 0.29	$ 0.56	$ 0.19	$ 0.16	$ 0.23	$ 0.91	$ 0.87	$ 1.30	$ 1.49
Diluted (in dollars per share)			$ 0.19	$ 0.27	$ 0.23	$ 0.12	$ 0.16	$ 0.26	$ 0.27	$ 0.52	$ 0.18	$ 0.15	$ 0.21	$ 0.89	$ 0.81	$ 1.21	$ 1.41

EMPLOYEE BENEFIT PLAN (Details)

EMPLOYEE BENEFIT PLAN (Details)	12 Months Ended
	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)item	Dec. 31, 2013USD ($)item
Employee benefit plan
Maximum annual employee contribution	$ 18,000	$ 17,500	$ 17,500
Maximum additional annual employee contribution	$ 6,000	$ 5,500	$ 5,500
Minimum age of employees eligible for additional annual contribution | item	50	50	50
Percentage of employee's elective contributions matched by employer with 100 percent equal contribution	1.00%
Employer match of employee's elective contributions up to 1 percent of compensation	100.00%
Employer match of employee's elective contributions up to 6 percent of compensation	50.00%
Vesting percentage for entity's contribution after two years of service	100.00%
Period of service after which, the entity's contribution vests	2 years
Total employer contributions	$ 2,300,000	$ 2,200,000	$ 2,100,000
Maximum enrollment agreement period	15 years
Deferred compensation plan income	$ 32,000	4,000
Deferred compensation plan liabilities	$ 2,000,000	$ 587,000
Minimum
Employee benefit plan
Percentage of employee's elective contributions matched by employer with 50 percent of base salary deferrals	1.00%
Maximum
Employee benefit plan
Percentage of employee's elective contributions matched by employer with 50 percent of base salary deferrals	6.00%

SUBSEQUENT ACQUISITION (Details

SUBSEQUENT ACQUISITION (Details) - Subsequent event - Chemical Financial Corporation $ / shares in Units, $ in Billions	Jan. 25, 2016USD ($)$ / shares
Consideration paid:
Share price (usd per share)	$ 29.70
Talmer
Consideration paid:
Cash | $	$ 1.1
Share price of acquiree (usd per share)	$ 15.64
Number of share issued for each share held	0.4725
Cash consideration paid per share (usd per share)	$ 1.61