Yadkin Financial (YDKN) 10-K 11 Mar 16 2015 FY Annual report Financial data

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 10, 2016	Jun. 30, 2015
Class of Stock [Line Items]
Entity Registrant Name	YADKIN FINANCIAL Corp
Entity Central Index Key	1,366,367
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 658,658,676
Common Stock, Voting
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding		50,767,144
Common Stock, Non-Voting
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding		654,997

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 60,783	$ 65,312
Interest-earning deposits with banks	50,885	66,548
Federal funds sold	250	505
Investment securities available for sale, at fair value	689,132	672,421
Investment securities held to maturity	39,182	39,620
Loans held for sale	47,287	20,205
Loans	3,076,544	2,898,266
Allowance for loan losses	(9,769)	(7,817)
Net loans	3,066,775	2,890,449
Purchased accounts receivable	52,688	44,821
Federal Home Loan Bank stock, at cost	24,844	19,499
Premises and equipment, net	73,739	80,379
Bank-owned life insurance	78,863	76,990
Foreclosed assets	15,346	12,891
Deferred tax asset, net	55,607	73,059
Goodwill	152,152	152,152
Other intangible assets, net	13,579	16,677
Accrued interest receivable and other assets	53,032	36,506
Total assets	4,474,144	4,268,034
Deposits:
Non-interest demand	744,053	680,387
Interest-bearing demand	523,719	469,898
Money market and savings	1,024,617	1,004,796
Time	1,017,908	1,092,283
Total deposits	3,310,297	3,247,364
Short-term borrowings	375,500	250,500
Long-term debt	194,967	180,164
Accrued interest payable and other liabilities	30,831	32,204
Total liabilities	3,911,595	3,710,232
Shareholders’ Equity
Preferred stock, no par value, 1,000,000 shares authorized, 28,405 shares issued and outstanding at December 31, 2014	0	28,405
Common stock, $1.00 par value, 75,000,000 shares authorized; 31,727,767 and 31,599,150 issued and outstanding at December 31, 2015 and 2014, respectively	31,727	31,599
Common stock warrants	717	717
Additional paid-in capital	492,828	492,014
Retained earnings	44,794	7,311
Accumulated other comprehensive loss	(7,517)	(2,244)
Total shareholders' equity	562,549	557,802
Total liabilities and shareholders' equity	$ 4,474,144	$ 4,268,034

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	24,805
Preferred stock, shares outstanding (in shares)	0	24,805
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	75,000,000	75,000,000
Common stock, shares issued (in shares)	31,727,767	31,599,150
Common stock, shares outstanding (in shares)	31,727,767	31,599,150

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Interest income
Loans	$ 161,525	$ 122,613	$ 71,975
Investment securities	16,982	11,791	7,026
Federal funds sold and interest-earning deposits	196	144	89
Total interest income	178,703	134,548	79,090
Interest expense
Deposits	12,009	8,404	6,203
Short-term borrowings	1,546	406	165
Long-term debt	5,998	5,170	2,285
Total interest expense	19,553	13,980	8,653
Net interest income	159,150	120,568	70,437
Provision for loan losses	6,245	3,413	5,469
Net interest income after provision for loan losses	152,905	117,155	64,968
Non-interest income
Service charges and fees on deposit accounts	13,750	9,574	4,959
Government-guaranteed lending	12,729	9,450	5,586
Mortgage banking	6,257	3,370	2,265
Bank-owned life insurance	1,873	1,784	1,226
Gain on sales of available for sale securities	0	126	1,215
Gains on sales of branches	88	415	0
Gain on acquisition	0	0	7,382
Other	5,706	4,198	2,156
Total non-interest income	40,403	28,917	24,789
Non-interest expense
Salaries and employee benefits	60,898	51,342	37,255
Occupancy and equipment	18,799	15,075	9,133
Data processing	7,599	5,235	3,920
FDIC deposit insurance premiums	2,892	2,091	1,486
Professional services	4,556	3,943	2,857
Foreclosed asset expenses, net	1,276	671	473
Loan, collection, and repossession expense	3,643	3,075	2,974
Merger and conversion costs	1,102	22,136	14,650
Restructuring charges	3,533	1,142	0
Amortization of other intangible assets	3,098	2,157	800
Other	15,290	12,087	8,322
Total non-interest expense	122,686	118,954	81,870
Income before income taxes	70,622	27,118	7,887
Income tax expense	25,995	5,413	2,014
Net income	44,627	21,705	5,873
Dividends on preferred stock	822	1,269	0
Net income attributable to non-controlling interests	0	2,466	3,601
Net income available to common shareholders	$ 43,805	$ 17,970	$ 2,272
Net income per common share
Basic (in dollars per share)	$ 1.39	$ 0.88	$ 0.25
Diluted (in dollars per share)	$ 1.38	$ 0.88	$ 0.25
Weighted average common shares outstanding
Basic (in shares)	31,610,733	20,500,519	9,219,406
Diluted (in shares)	31,695,808	20,505,142	9,219,406

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net income	$ 44,627	$ 21,705	$ 5,873
Securities available for sale:
Unrealized holding gains (losses) on available for sale securities	(3,644)	9,054	(12,844)
Tax effect	1,391	(3,609)	4,952
Reclassification of gains on sales of securities recognized in earnings	0	(126)	(1,215)
Tax effect	0	50	468
Net of tax amount	(2,253)	5,369	(8,639)
Cash flow hedges:
Unrealized gains (losses) on cash flow hedges	(5,207)	(6,062)	4,305
Tax effect	2,088	2,623	(1,657)
Reclassification of amounts into interest expense from termination of interest rate swaps	161	0	0
Tax effect	(62)	0	0
Net of tax amount	(3,020)	(3,439)	2,648
Total other comprehensive income (loss)	(5,273)	1,930	(5,991)
Comprehensive income (loss)	$ 39,354	$ 23,635	$ (118)

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Common Stock Warrants	Additional Paid-in Capital	Retained Earnings (Deficit)	Accumulated Other Comprehensive Income (Loss)	Shareholders' Equity Before Non-Controlling Interests	Non-Controlling Interests
Beginning balance at Dec. 31, 2012	$ 180,722	$ 0	$ 9,219	$ 0	$ 144,047	$ (12,930)	$ 1,602	$ 141,938	$ 38,784
Beginning balance (in shares) at Dec. 31, 2012		0	9,219,406
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	5,873					2,271		2,271	3,602
Other comprehensive loss	(5,991)						(4,327)	(4,327)	(1,664)
Stock-based compensation	1,153				917			917	236
Subsidiary stock options exercised	111								111
Preferred stock dividends	(1,918)								(1,918)
Reverse merger with Piedmont Community Bank Holdings, Inc. and VantageSouth Bancshares, Inc.	58,314								58,314
Restricted stock, canceled for tax withholding	(205)								(205)
Ending balance at Dec. 31, 2013	238,059	$ 0	$ 9,219	0	144,964	(10,659)	(2,725)	140,799	97,260
Ending balance (in shares) at Dec. 31, 2013		0	9,219,406
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	21,705					19,239		19,239	2,466
Other comprehensive loss	1,929						864	864	1,065
Stock-based compensation	941				830			830	111
Subsidiary stock options exercised	139								139
Stock options exercised	5				5			5
Stock options exercised (in shares)			555
Preferred stock dividends	(1,269)					(1,269)		(1,269)
Issuance of subsidiary common stock	44,466				1,301		97	1,398	43,068
Repurchase of subsidiary preferred stock	(42,849)								(42,849)
Repurchase of subsidiary common stock warrants	(2,552)								(2,552)
Dividends on subsidiary preferred stock	(314)								(314)
Reverse merger with Piedmont Community Bank Holdings, Inc. and VantageSouth Bancshares, Inc.	308,237	$ 28,405	$ 22,432	717	355,557		(480)	406,631	(98,394)
Reverse merger with Piedmont Community Bank Holdings, Inc. and VantageSouth Bancshares, Inc. (in shares)		28,405	22,431,701
Distribution to legacy Piedmont Community Bank Holdings, Inc. shareholders	(9,809)				(9,809)			(9,809)
Restricted stock, canceled for tax withholding	(886)		$ (52)		(834)			(886)
Restricted stock, canceled for tax withholding (in shares)			(52,512)
Ending balance at Dec. 31, 2014	557,802	$ 28,405	$ 31,599	717	492,014	7,311	(2,244)	557,802
Ending balance (in shares) at Dec. 31, 2014		28,405	31,599,150
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	44,627					44,627		44,627
Other comprehensive loss	(5,273)						(5,273)	(5,273)
Stock-based compensation	596				596			596
Stock options exercised	$ 346		$ 23		323			346
Stock options exercised (in shares)	22,737		22,737
Preferred stock dividends	$ (822)					(822)		(822)
Restricted stock grants (in shares)			105,000
Restricted stock grants			$ 105		(105)
Restricted stock retirements (in shares)			(120)
Redemption of preferred stock (in shares)		(28,405)
Redemption of preferred stock	(28,405)	$ (28,405)						(28,405)
Common stock dividends	(6,322)					(6,322)		(6,322)
Ending balance at Dec. 31, 2015	$ 562,549	$ 0	$ 31,727	$ 717	$ 492,828	$ 44,794	$ (7,517)	$ 562,549	$ 0
Ending balance (in shares) at Dec. 31, 2015		0	31,726,767

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	$ 44,627	$ 21,705	$ 5,873
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Stock-based compensation	596	941	1,153
Provision for loan losses	6,245	3,413	5,469
Accretion of acquisition discount on purchased loans	(21,078)	(27,888)	(20,961)
Depreciation	6,155	4,683	2,521
Amortization of core deposit intangible	3,098	2,157	800
Amortization of acquisition premium on time deposits	(3,109)	(3,381)	(3,049)
Net accretion of acquisition discount on borrowings	557	704	(3)
Gain on acquisition	0	0	(7,382)
Gains on sales of branches	(88)	(415)	0
Gain (loss) on mortgage loan commitments	(66)	13	441
Gain on sales of loans held for sale	(17,906)	(12,335)	(7,436)
Originations of loans held for sale	(401,808)	(320,448)	(188,070)
Proceeds from sales of loans held for sale	392,632	336,937	216,738
Increase in cash surrender value of bank-owned life insurance	(1,873)	(1,536)	(923)
Deferred income taxes	20,706	9,905	2,474
Change in deferred tax asset valuation allowance	(126)	(4,797)	(460)
Gain on sales of available for sale securities	0	(126)	(1,215)
Net amortization of premiums on available for sale securities	5,170	4,260	1,749
Net gain on disposal of foreclosed assets	(146)	(28)	0
Valuation adjustments on foreclosed assets	605	497	467
Gains from change in fair value of interest rate swaps	0	0	(103)
Change in assets and liabilities:
Increase in accrued interest receivable	(652)	(820)	(5)
Increase in other assets	(13,811)	(7,120)	(13,870)
Increase (decrease) in accrued interest payable	(138)	139	1,017
Increase (decrease) in other liabilities	(1,235)	7,709	(1,919)
Net cash provided by (used in) operating activities	18,355	14,169	(6,694)
Cash flows from investing activities
Purchases of investment securities available for sale	(214,369)	(210,340)	(201,919)
Purchases of investment securities held to maturity	0	(18,713)	0
Proceeds from maturities and repayments of investment securities available for sale	102,155	55,661	33,962
Proceeds from call of investment securities held to maturity	0	500	0
Proceeds from sales of investment securities available for sale	87,123	128,162	174,326
Loan originations and principal collections, net	(160,260)	(121,090)	(158,917)
Proceeds from sales of loans	5,294	2,076	2,595
Purchases of loans	(24,807)	0	(2,567)
Net cash received in business combinations	0	36,116	24,008
Net cash paid in branch sale	(21,235)	(10,837)	0
Purchases of interest rate caps	0	(1,278)	0
Purchases of trade accounts receivable, net	7,867	26,096	0
Purchases of premises and equipment	(4,615)	(7,004)	(5,454)
Disposals of premises and equipment	4,394	3,954	0
Proceeds from disposal of foreclosed assets	6,327	6,458	6,776
Purchases of Federal Home Loan Bank stock	(5,345)	(6,792)	(3,472)
Purchase of bank-owned life insurance	0	(15,000)	0
Investment in tax credit fund	(6,778)	0	0
Net cash used in investing activities	(239,983)	(184,223)	(130,662)
Cash flows from financing activities
Net increase in deposits	97,138	79,780	68,204
Proceeds from short-term borrowings, net	34,500	33,621	84,716
Proceeds from issuance of long-term debt, net	104,746	101,308	36,600
Proceeds from exercise of stock options	346	143	111
Proceeds from issuance of subsidiary common stock, net of issuance costs	0	44,466	0
Repurchase of subsidiary preferred stock	0	(42,849)	0
Repurchase of subsidiary common stock warrants	0	(2,552)	0
Distribution to legacy shareholders of Piedmont Community Bank Holdings, Inc.	0	(9,809)	0
Cancellation of restricted stock for tax withholding	0	(872)	(205)
Cancellation and payout of fractional shares issued in merger	0	(14)	0
Repurchase of preferred stock	(28,405)	0	0
Dividends paid on subsidiary preferred stock	0	(314)	(1,803)
Dividends paid on preferred and common stock	(822)	(1,269)	0
Dividends paid on common stock	(6,322)	0	0
Net cash provided by financing activities	201,181	201,639	187,623
Net change in cash and cash equivalents	(20,447)	31,585	50,267
Cash and cash equivalents, beginning of period	132,365	100,780	50,513
Cash and cash equivalents, end of period	111,918	132,365	100,780
Cash payments for:
Interest	22,243	15,785	10,364
Income taxes	2,925	240	0
Noncash investing activities:
Transfers of loans to foreclosed assets	9,193	9,300	5,856
Change in fair value of securities available for sale, net of tax	(2,253)	5,369	(8,639)
Change in fair value of cash flow hedge, net of tax	(3,020)	(3,439)	2,648
Acquisition:
Assets acquired (excluding goodwill)	0	1,803,903	855,686
Liabilities assumed	0	1,621,565	789,989
Other equity interests acquired	0	29,122	17,686
Purchase price	0	279,115	40,629
Goodwill recorded (gain on acquisition)	$ 0	$ 125,899	$ (7,382)

ORGANIZATION AND OPERATIONS

ORGANIZATION AND OPERATIONS	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND OPERATIONS	ORGANIZATION AND OPERATIONS Yadkin Financial Corporation (the "Company" or "Yadkin") is a bank holding company incorporated under the laws of North Carolina and headquartered in Raleigh, North Carolina. The Company, which was formed in 2006, conducts its business operations primarily through its wholly-owned subsidiary, Yadkin Bank, a North Carolina chartered community bank providing financial services in 68 branches across North Carolina and upstate South Carolina. Yadkin Bank, which was incorporated in 1968, provides banking, mortgage, investment, and insurance services to businesses and consumers across the Carolinas. The Company also has interests in Yadkin Valley Statutory Trust I, American Community Bank Capital Trust, and Crescent Financial Capital Trust I (the “Trusts”). The Trusts were formed for the sole purpose of issuing trust preferred securities and are not consolidated with the financial statements of the Company. The proceeds from such issuances were loaned to the Company in exchange for subordinated debentures, which are the sole assets of the Trusts. The Company’s obligations under the subordinated debentures constitutes full and unconditional guarantees by the Company of the obligations under the trust preferred securities. On July 4, 2014 , the Company completed its mergers (the “2014 Mergers”) with VantageSouth Bancshares, Inc. ("VantageSouth") and Piedmont Community Bank Holdings, Inc. ("Piedmont"), pursuant to an Agreement and Plan of Merger dated January 27, 2014, as amended (the “2014 Merger Agreement”). At closing, VantageSouth and Piedmont merged with and into the Company, with the Company continuing as the surviving corporation. Pursuant to the 2014 Merger Agreement, holders of VantageSouth common stock received 0.3125 shares of voting common stock of the Company for each share of VantageSouth common stock. Holders of Piedmont common stock received (i) 6.28597 shares of voting common stock of the Company; (ii) $6.6878 in cash; and (iii) a right to receive a pro rata portion of certain shares of voting common stock of the Company at a later date if such shares do not become payable under the Piedmont Phantom Equity Plan. Immediately following the 2014 Mergers, VantageSouth Bank, the wholly-owned banking subsidiary of VantageSouth, merged with and into Yadkin Bank. The 2014 Mergers were accounted for as a reverse merger using the acquisition method of accounting primarily due to the relative voting interests in the Company upon completion of the 2014 Mergers. As a result, Piedmont and its consolidated subsidiaries represented the accounting acquirer, and Yadkin represented the accounting acquiree. Historical financial results of the Company prior to the 2014 Mergers reflect the historical balances of Piedmont. Financial results of the Company following the 2014 Mergers reflect balances of the combined organization. As required under the acquisition method of accounting, the assets and liabilities of Yadkin as of the date of the 2014 Mergers were recorded at estimated fair value and added to those of Piedmont. The 2014 Mergers had a significant impact on all aspects of the Company's financial statements, and as a result, financial results after the 2014 Mergers may not be comparable to financial results prior to the 2014 Mergers. Basis of Presentation The accompanying consolidated financial statements include the accounts and transactions of the Company and Yadkin Bank. All intercompany transactions and balances have been eliminated in consolidation. Use of Estimates and Assumptions The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

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 Business Combinations Business combinations are accounted for using the acquisition method of accounting. Under the acquisition method of accounting, acquired assets and assumed liabilities are included with the acquirer's accounts as of the date of acquisition at estimated fair value, with any excess of purchase price over the fair value of the net assets acquired (including identifiable core deposit intangibles) capitalized as goodwill. In the event that the fair value of the net assets acquired exceeds the purchase price, an acquisition gain is recorded for the difference in consolidated statements of operations for the period in which the acquisition occurred. The core deposit intangible asset is recognized as an asset apart from goodwill when it arises from contractual or other legal rights or if it is capable of being separated or divided from the acquired entity and sold, transferred, licensed, rented or exchanged. In addition, acquisition-related costs and restructuring costs are recognized as period expenses as incurred. Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks, interest-earning deposits with banks and federal funds sold. Cash and cash equivalents have maturities of three months or less. Accordingly, the carrying amount of such instruments is considered a reasonable estimate of fair value. Investment Securities The Company classifies marketable investment securities as held to maturity, available for sale, or trading. Premiums and discounts are recognized in interest income using the interest method over the period to maturity. Debt securities are classified as held to maturity where the Company has both the intent and ability to hold the securities to maturity. These securities are reported at amortized cost. Investment securities available for sale are carried at fair value and consist of debt and equity securities not classified as trading or held to maturity. Unrealized holding gains and losses on available for sale securities are reported as a net amount in other comprehensive income, net of related tax effects. Gains and losses on the sale of available for sale securities are determined using the specific identification method recorded on a trade date basis. Each held to maturity and available for sale security in a loss position is evaluated for other-than-temporary impairment. The review includes an analysis of the facts and circumstances of each individual investment such as (1) the length of time and the extent to which the fair value has been below amortized cost, (2) changes in the earnings performance, credit rating, asset quality, or business prospects of the issuer, (3) the ability of the issuer to make principal and interest payments, (4) changes in the regulatory, economic, or technological environment of the issuer, and (5) changes in the general market condition of either the geographic area or industry in which the issuer operates. Regardless of these factors, if the Company has developed a plan to sell the security or it is likely that the Company will be forced to sell the security in the near future, then the impairment is considered other-than-temporary and the carrying value of the security is permanently written down to the current fair value with the difference between the new carrying value and the amortized cost charged to earnings. If the Company does not intend to sell the security and it is not more likely than not that it will be required to sell the security before recovery of its amortized cost basis less any current period credit loss, the other-than-temporary impairment is separated into the following: (1) the amount representing the credit loss and (2) the amount related to all other factors. The amount of the total other-than-temporary impairment related to the credit loss is recognized in earnings, and the amount of the total other-than-temporary impairment related to other factors is recognized in other comprehensive income, net of applicable taxes. Loans Loans that the Company has the intent and ability to hold for the foreseeable future, or until maturity, are reported at their outstanding principal adjusted for any charge-offs, deferred fees or costs on originated loans and unamortized premiums or discounts on acquired loans. Loan origination fees and certain direct origination costs are capitalized and recognized as an adjustment to the yield of the related loan. Interest on loans is recorded based on the principal amount outstanding. The accrual of interest on impaired loans, for all classes, is discontinued when the future collectability of the recorded loan balance is in doubt. When the future collectability of the recorded loan balance is not in doubt, interest income may be recognized on the cash basis. Generally, loans are placed on nonaccrual when they are past due 90 days or more. When a loan is placed in nonaccrual status, all unpaid accrued interest is reversed and subsequent collections of interest and principal payments are generally applied as a reduction to the principal outstanding. Should the credit quality of a nonaccrual loan improve, the loan can be returned to an accrual status after demonstrating consistent payment history for at least 6 months . A loan is classified as a troubled debt restructuring (“TDR”) when certain modifications are made to the loan terms and concessions are granted to the borrowers due to financial difficulty experienced by those borrowers. In the past, the Company has granted concessions by (1) reduction of the stated interest rate for the remaining original life of the debt or (2) extension of the maturity date at a stated interest rate lower than the current market rate for new debt with similar risk. The Company does not generally grant concessions through forgiveness of principal or accrued interest. The Company's policy with respect to accrual of interest on loans restructured in a TDR follows relevant supervisory guidance. That is, if a borrower has demonstrated performance under the previous loan terms and shows capacity to perform under the restructured loan terms, continued accrual of interest at the restructured interest rate is likely. If a borrower was materially delinquent on payments prior to the restructuring but shows the capacity to meet the restructured loan terms, the loan will likely continue as nonaccrual until a period of performance under the modified terms has been established. Lastly, if the borrower does not perform under the restructured terms, the loan is placed on nonaccrual status. These loans are closely monitored, and the Company ceases accruing interest on them if the borrowers may not continue performing based on the restructured note terms. The Company's loan policies, guidelines, and procedures establish the basic guidelines governing its lending operations. They address the types of loans sought, target markets, underwriting, collateral requirements, term, interest rate, yield considerations and compliance with laws and regulations. The loan policies are reviewed and approved annually by the Board of Directors of the Bank. The summary below provides an overview of the primary types of loans the Company provides, or classes of loans, including a discussion of relevant underwriting guidelines and risk characteristics. Commercial and Industrial Loans. These loans are typically for working capital, equipment, and business expansion. Commercial and industrial loans are generally secured by accounts receivable, inventory, equipment and owner-occupied real estate. With few exceptions, the Company requires personal guarantees from the principal business owners. Commercial loans are generally originated with one to seven year maturities for working capital and equipment loans and five to seven year maturities with 15 to 25 year amortizations for owner occupied real estate. Commercial Real Estate Loans. These loans are secured principally by leased apartments, retail centers, and commercial office and industrial buildings, acquired by the borrower for both investment and owner-occupied purposes. The Company generally requires the personal guaranty of the principal business owners on all such loans. The real estate collateral is a secondary source of repayment. Commercial real estate loans are generally originated with three to seven year maturities with up to 25 year amortizations. Construction Loans. These loans are generally originated with one to 5 year maturities and may have an amortization feature that could extend up to 25 years once the properties are stabilized. The Company's primary focus on one-to-four family residential construction loans is to borrowers who are the primary end users or to builders in situations in which the home is pre-sold to the end user and the loan is repaid when the end user secures a permanent mortgage. These loans are generally originated with maturities up to 1.5 years in length. Construction loans to home builders for speculative residential homes are not a focus for the Company. In many cases, home builders do require a speculative component to their lending facilities; however, credit exposure is controlled through the covenants relating to the home builder's speculative-to-sold ratio. Any loans made in this product would be to well-established home builders with an excellent track record who are focused on delivering commodity-style housing. Through its Builder Finance division, the Company lends to home builders in its markets who have demonstrated a favorable record of performance and profitable operations. The Company's loan policies require personal guarantees of the principal business owners. Consumer Loans, Home Equity Lines of Credit and Residential Real Estate Loans. Consumer loans include automobile loans, boat and recreational vehicle financing, home equity and home improvement loans, and miscellaneous secured and unsecured personal loans. Residential real estate loans are made for purchasing and refinancing one-to-four family properties. The Company also offers construction-to-permanent loans for one-to-four family properties. These loans are generally sold to investors when construction is complete and the loan converts to permanent financing. The Company offers fixed and variable rate options on consumer loans but generally limits the maximum term to 5 to 7 years for non-real estate secured loans. Purchased Credit-Impaired Loans Loans acquired in a transfer, including business combinations, where there is evidence of credit deterioration since origination and it is probable at the date of acquisition that we will not collect all contractually required principal and interest payments, are accounted for as purchased credit-impaired (“PCI”) loans. Where possible, PCI loans with common risk characteristics are grouped into pools at acquisition. For PCI loan pools, the excess of the cash flows initially expected to be collected over the fair value of the loans at the acquisition date (i.e., the accretable yield) is accreted into interest income over the estimated remaining life of the PCI loans using the effective yield method, provided that the timing and the amount of future cash flows is reasonably estimable. Accordingly, such loans are not classified as nonaccrual and they are considered to be accruing because their interest income relates to the accretable yield recognized under accounting for PCI loans and not to contractual interest payments. The difference between the contractually required payments and the cash flows expected to be collected at acquisition, considering the impact of prepayments, is referred to as the nonaccretable difference. Subsequent to acquisition, estimates of cash flows expected to be collected are updated each reporting period based on updated assumptions regarding default rates, loss severities, and other factors that are reflective of current market conditions. If the Company has probable decreases in pool-level cash flows expected to be collected, the provision for loan losses is charged, resulting in an increase to the ALLL. If the Company has probable and significant increases in pool-level cash flows expected to be collected, the Company will first reverse any previously established ALLL and then increase interest income as a prospective yield adjustment over the remaining life of the loan pool. The impact of changes in variable interest rates is recognized prospectively as adjustments to interest income. Non-PCI Loans Non-PCI loans are recorded at fair value at acquisition, and the related fair value discount or premium is recognized as an adjustment to yield over the remaining life of each loan using the interest method. Allowance for Loan Losses The ALLL and related provision are calculated for the Company's two portfolio categories: PCI loans and non-PCI loans. The following description of the Company's ALLL methodology primarily relates to non-PCI loans. The evaluation of PCI loans for impairment follows a different methodology which is described above. The ALLL is a reserve established through a provision for loan losses charged to expense. Balances are charged against the ALLL when the collectability of principal is unlikely. Subsequent recoveries, if any, are credited to the ALLL. The ALLL is maintained at a level based on management's best estimate of probable credit losses that are inherent in the loan portfolio. Management evaluates the adequacy of the ALLL on at least a quarterly basis. For non-PCI loans, the evaluation of the adequacy of the ALLL includes both loans evaluated collectively for impairment and loans evaluated individually for impairment. For loans evaluated collectively for impairment, loans are grouped based on common risk characteristics which include loan type and risk grade. Historical loss rates are calculated based on the historical probability of default ("PD") and loss given default ("LGD") for each loan grouping. PDs represent the likelihood that a loan will default within a one year period of time, and LGDs represent the estimated magnitude of loss the Company will incur if a loan defaults. A loan is considered to be in default if it becomes 90 days or more past due, meets the criteria for nonaccrual status, or incurs a charge-off. Historical loss rates are developed with four years of trailing default and loss data. These historical loss rates are then combined with certain qualitative factors to determine the ALLL reserve rates for each loan grouping. Qualitative factors include consideration of certain internal and external factors, such as loan delinquency levels and trends, loan growth, loan portfolio composition and concentrations, local and national economic conditions, the loan review function, and other factors management deems relevant to the ALLL calculation. In the second quarter of 2015, the Company enhanced its ALLL methodology by transitioning to the PD/LGD approach to calculating historical loss rates by loan grouping, as previously described. In prior periods, the Company calculated historical loss rates by loan type and then weighted these loss rates across its risk grade scale. Both methods use historical loss rates to calculate reserves on loans evaluated collectively for impairment, but the Company believes the enhanced PD/LGD approach provides a more precise and consistent estimate of loan losses across the risk grade scale based on actual default data. The enhanced ALLL calculation did not have a material impact on the total ALLL as of June 30, 2015 or on the provision for loan losses in the second quarter of 2015. However, the enhanced ALLL methodology did change the allocation of ALLL across certain loan classes, particularly commercial and industrial and construction loans. The Company held other significant inputs into the ALLL model consistent, such as the loan groupings for collective evaluation and the application of qualitative factors. There were no changes to the Company's evaluation of individually impaired loans. The Company utilizes an internal grading system to assign the degree of inherent risk on each loan in the portfolio. The risk grade is initially assigned by the lending officer and reviewed by the credit administration function. The internal risk grading system is reviewed and tested periodically by the loan review function. The Company's allowance for loan loss model uses the internal loan grading system to segment each category of loans by risk grade. Calculated loss rates are weighted more heavily for higher risk loans. A loan is considered individually impaired when, based on current information and events, if it is probable that the Company will be unable to collect the scheduled payments of principal and interest when due according to the contractual terms of the loan agreement. These loans are evaluated individually for impairment if they exceed a quantitative threshold of $ 250 at the borrower level or have been modified in a TDR. Reserves, or charge-offs, on individually impaired loans that are collateral dependent are based on the fair value of the underlying collateral, less an estimate of selling costs, while reserves, or charge-offs, on loans that are not collateral dependent are based on either an observable market price, if available, or the present value of expected future cash flows discounted at the historical effective interest rate. The Company evaluates loans that are classified as doubtful, substandard or special mention to determine whether or not they are individually impaired. This evaluation includes several factors, including review of the loan payment status and the borrower’s financial condition and operating results such as cash flows, operating income or loss, etc. The evaluation of the ALLL is inherently subjective, and management uses the best information available to establish this estimate. However, if factors such as economic conditions differ substantially from assumptions, or if amounts and timing of future cash flows expected to be received on impaired loans vary substantially from the estimates, future adjustments to the ALLL may be necessary. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Company’s ALLL. Such agencies may require the Company to recognize additions to the ALLL based on their judgments about all relevant information available to them at the time of their examination. Any adjustments to original estimates are made in the period in which the factors and other considerations indicate that adjustments to the ALLL are necessary. Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are classified as held for sale and are carried at the lower of cost or fair value. Upon closing, these loans are sold to mortgage loan investors under pre-arranged terms. Origination fees are recognized upon the sale and are included in non-interest income. Related to the mortgage business, the Company enters into interest rate lock commitments and commitments to sell mortgages to investors. Interest rate lock commitments are used to manage interest rate risk associated with the fixed rate loan commitments, and forward sale commitments are entered into with investors to manage the interest rate risk associated with the customer interest rate lock commitments, both of which are considered derivative financial instruments. The period of time between the issuance of a loan commitment and the closing and sale of the loan generally ranges from 10 to 60 days. Interest rate lock commitments and forward sale commitments are derivative instruments and are carried at fair value. These derivative instruments do not qualify for hedge accounting. The fair value of interest rate lock commitments is based on current secondary market pricing and is included in other assets on the balance sheet. The fair value of the forward sale commitments is based on changes in the value of the commitment, principally because of changes in interest rates, and is included on the consolidated balance sheets in other assets or other liabilities. Changes in fair value for these instruments are reflected in non-interest income on the income statement. Gains and losses from sales of the mortgage loans are recognized when the Company ultimately sells the loans, and such gains and losses are also recorded in non-interest income. An asset is recorded for the value of the servicing rights and is amortized over the remaining life of the loan on the effective interest method. The servicing asset is included in other assets and the amortization of the servicing asset is included in non-interest expense. Servicing fees are recorded in non-interest income. The Company provides loans guaranteed by the Small Business Administration (“SBA”) for the purchase of businesses, business startups, business expansion, equipment, and working capital. All SBA loans are underwritten and documented as prescribed by the SBA. SBA loans are generally fully amortizing and have maturity dates and amortizations of up to 25 years. The portion of SBA loans originated that are guaranteed and intended for sale on the secondary market are classified as held for sale and are carried at the lower of cost or fair value. The loan participations are sold and the servicing rights are retained. At the time of the sale, an asset is recorded for the value of the servicing rights and is amortized over the remaining life of the loan on the effective interest method. The servicing asset is included in other assets and the amortization of the servicing asset is included in non-interest expense. Servicing fees are recorded in non-interest income. A gain is recorded for any premium paid in excess of the carrying value of the net assets transferred in the sale and is also included in non-interest income. The portion of SBA loans that are retained are also adjusted for a retained discount to reflect the effective interest rate on the retained unguaranteed portion of the loans. The net value of the retained loans is included in the appropriate loan classification for disclosure purposes. These loans are primarily commercial real estate or commercial and industrial. Federal Home Loan Bank of Atlanta Stock As a requirement for membership, the Company has invested in common stock of the Federal Home Loan Bank of Atlanta (“FHLB”). This investment is carried at cost and is periodically evaluated for impairment. Premises and Equipment Land is carried at cost. Other components of premises and equipment are stated at cost less accumulated depreciation. Depreciation is calculated on the straight-line method over the estimated useful lives of assets, which range from 37 to 40 years for buildings and three to ten years for furniture, software, and equipment. Leasehold improvements are amortized over the terms of the respective leases or the estimated useful lives of the improvements, whichever is shorter. Repairs and maintenance costs are charged to operations as incurred, and additions and improvements to premises and equipment are capitalized. Upon sale or retirement, the cost and related accumulated depreciation are removed from the accounts and any gains or losses are reflected in earnings. Premises and equipment are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Assets to be disposed of are transferred to other real estate owned and are reported at the lower of the carrying amount or fair value less costs to sell. Bank-Owned Life Insurance The Company has purchased life insurance policies on certain current and former employees and directors. These policies are recorded in other assets at their cash surrender value, or the amount that could be realized by surrendering the policies. Income from these policies and changes in the net cash surrender value are recorded in non-interest income. Foreclosed Assets Foreclosed assets include repossessed assets and other real estate owned. Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less costs to sell upon foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed, and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and valuation adjustments are included in net expenses from foreclosed assets. Income Taxes Deferred income taxes are determined by application to temporary differences of the tax rate expected to be in effect when taxes will become payable or receivable. Temporary differences are differences between the tax basis of assets and liabilities and their reported amounts in the consolidated financial statements that will result in taxable or deductible amounts in future years. The effect of a change in tax rates on deferred taxes is recognized in income in the period that includes the enactment date. 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 being 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, no tax benefit is recorded. A valuation allowance is recorded for deferred tax assets if the Company determines that it is more likely than not that some portion or all of the deferred tax assets will not be realized. Mortgage Servicing Rights The Company retains servicing rights on mortgage loans sold to investors ("MSR"). MSRs are initially recognized at fair value in other assets on the consolidated balance sheets and are subsequently accounted for at the lower of cost or market. MSRs are amortized in proportion to, and over the estimated period, that net servicing income is expected to be received based on estimates of net cash flows on the loans serviced. The amount and timing of estimated future net cash flows are updated based on actual results and updated projections. MSRs are separated into pools based on common risk characteristics of the underlying loans, and impairment is evaluated at least quarterly at the pool level. If impairment exists at the pool level, the MSR is written down through a valuation allowance and is charged against mortgage banking income. SBA Servicing Asset All sales of SBA-guaranteed loans are executed on a servicing retained basis, and the Company retains the rights and obligations to service the loans. The standard sale structure under the SBA Secondary Participation Guaranty Agreement provides for the Company to retain a portion of the cash flow from the interest payment received on the loan. This cash flow is commonly known as a servicing spread. SBA regulations require the lender to retain a minimum 100 basis points in servicing spread for any guaranteed loan sold for a premium. The minimum servicing spread is further defined as a minimum service fee of 40 basis points and a minimum premium protection fee of 60 basis points. The servicing spread is recognized as a servicing asset to the extent the spread exceeds adequate compensation for the servicing function. Industry practice recognizes adequate compensation for servicing SBA loans as the minimum service fee of 40 basis points. The fair value of the servicing asset is measured at the discounted present value of the premium protection fee over the expected life of the related loan using appropriate discount rates and prepayment assumptions based on industry statistics. SBA servicing assets are initially recognized at fair value and amortized over the expected life of the related loans as a reduction of the servicing income recognized from the servicing spread. Goodwill and Other Intangible Assets Goodwill represents the cost in excess of the fair value of net assets acquired (including identifiable intangibles) in transactions accounted for as business combinations. Goodwill has an indefinite useful life and is evaluated for impairment annually, or more frequently if events and circumstances indicate that the asset might be impaired. An impairment loss is recognized to the extent that the carrying amount exceeds the asset’s fair value. The goodwill impairment analysis is a two-step test. The first, used to identify potential impairment, involves comparing each reporting unit’s estimated fair value to its carrying value, including goodwill. If the estimated fair value of a reporting unit exceeds its carrying value, goodwill is considered not to be impaired. If the carrying value exceeds estimated fair value, there is an indication of potential impairment and the second step is performed to measure the amount of impairment. The Company performs its annual goodwill impairment test as of October 31 of each year. For 2015 , the results of the first step of the goodwill impairment test provided no indication of potential impairment. Goodwill will continue to be monitored for triggering events that may indicate impairment prior to the next scheduled annual impairment test. Intangible assets with finite lives are amortized over their estimated useful lives. Other intangible assets, which consist of core deposit intangibles, are being amortized over seven to ten -year periods using an accelerated method. Purchased Accounts Receivable The Company invests in short-term receivables, which are purchased on an exchange, using qualified intermediaries. These receivables have repayment terms of less than a year. The investments are recorded on the consolidated balance, and income recognized on these receivables is reported in other non-interest income on the consolidated statement of income. In the event management concludes that collection of a purchased receivable is uncertain, the receivable balance is adjusted to its estimated recoverable value through a valuation allowance. No valuation allowance was recorded as of December 31, 2015 . Derivative Financial Instruments The Company's interest rate risk management strategy incorporates the use of derivative financial instruments, specifically interest rate swaps and caps. The Company also utilizes interest rate lock commitments and forward sale commitments, which are considered derivative instruments, in its mortgage banking operations. The accounting policies for these mortgage banking derivatives are described in "Loans Held for Sale." The interest rate swaps and caps are expected to be highly effective and have been designated as cash flow hedges. Therefore, changes in fair value are recognized in other comprehensive income until the related cash flows from the hedged item are recognized in earnings. For the interest rate caps, the initial fair value of the premium paid is allocated and recognized in the same future period that the hedged forecasted transaction impacts earnings. For cash flow hedges, ineffectiveness may be recognized to the extent that changes in value of the derivative instruments do not perfectly offset changes in the value of the hedged item. If the hedge ceases to be highly effective, hedge accounting is discontinued and changes in fair value are recognized in earnings. If a derivative instrument qualifying as a cash flow hedge is terminated or the designation removed, the realized or then unrealized gain or loss is recognized in earnings over the period in which the hedged item affects earnings. Immediate recognition in earnings is required if it is probable that the hedged cash flows will not occur. The Company only transacts with derivative counterparties with strong credit standings and requires liquid collateral to secure credit exposure. Due to these factors, the fair value of derivatives with derivative counterparties is primarily based on the interest rate mark of each trade. Stock-Based Compensation Compensation cost is recognized for stock options and restricted stock awards issued to employees and directors. Compensation cost is measured as the fair value of these awards on their date of grant. An option pricing model is utilized to estimate the fair value of stock options, while the market price of the Company’s common stock at the date of grant is used as the fair value of restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period for stock options awards and as the restriction period for restricted stock awards. Compensation cost is recognized on a pro rata basis for stock warrants previously g

MERGERS AND ACQUISITIONS

MERGERS AND ACQUISITIONS	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
MERGERS AND ACQUISITIONS	MERGERS AND ACQUISITIONS Acquisition of NewBridge Bancorp On March 1, 2016, the Company completed its acquisition of NewBridge Bancorp (“NewBridge”), pursuant to an Agreement and Plan of Merger, dated October 12, 2015 (the “NewBridge Merger Agreement”), by and among, the Company, Navy Merger Sub Corp., a wholly-owned subsidiary of the Company (“Merger Sub”), and NewBridge. At closing, Merger Sub merged with and into NewBridge, with NewBridge surviving and, immediately thereafter, NewBridge merged with and into the Company (the “Integrated Mergers”), with the Company surviving. Pursuant to the NewBridge Merger Agreement, each share of NewBridge Class A common stock and Class B common stock was converted into the right to receive 0.50 shares of the common stock of the Company. Immediately following the Integrated Mergers, NewBridge Bank, a North Carolina-chartered commercial bank, merged with and into Yadkin Bank (together with the Integrated Mergers, the “NewBridge Acquisition”), with Yadkin Bank surviving such merger. The Integrated Mergers were accounted for under the acquisition method of accounting, with Yadkin being the legal and accounting acquirer and NewBridge being the legal and accounting acquiree. The assets and liabilities of NewBridge will be recorded at their estimated fair values and added to those of Yadkin for periods following the merger date. The Company is currently preparing the valuations of NewBridge's assets and liabilities and, once recorded, those valuations may be updated for a period of up to one year following the merger date. As of the filing of this Annual Report, Yadkin has not completed the fair value measurements of the NBBC assets, liabilities and identifiable intangible assets. The table below presents NBBC's unaudited condensed balance sheet as of December 31, 2015 . These amounts reflect NBBC's historical basis in the assets and liabilities, prior to the fair value adjustments resulting from the merger. December 31, 2015 Assets: Cash and cash equivalents $ 42,426 Investment securities 496,809 Loans, net 2,067,627 Other assets 203,878 Total assets $ 2,810,740 Liabilities and Shareholders' Equity: Deposits $ 1,948,655 Short-term borrowings and long-term debt 576,024 Other liabilities 29,065 Total liabilities 2,553,744 Shareholders' equity 256,996 Total liabilities and shareholders' equity $ 2,810,740 Mergers with VantageSouth Bancshares, Inc. and Piedmont Community Bank Holdings, Inc. On July 4, 2014 , the Company completed its mergers with VantageSouth and Piedmont pursuant to the Merger Agreement. At closing, VantageSouth and Piedmont merged with and into the Company, with the Company continuing as the surviving corporation. Piedmont owned a controlling interest in VantageSouth at the time of the 2014 Mergers. Pursuant to the Merger Agreement, holders of VantageSouth common stock received 0.3125 shares of voting common stock of the Company for each share of VantageSouth common stock. Holders of Piedmont common stock received (i) 6.28597 shares of voting common stock of the Company; (ii) $6.6878 in cash; and (iii) a right to receive a pro rata portion of certain shares of voting common stock of the Company at a later date if such shares do not become payable under the Piedmont Phantom Equity Plan. Immediately following the 2014 Mergers, VantageSouth Bank, the wholly owned banking subsidiary of VantageSouth, merged with and into Yadkin Bank. The 2014 Mergers were accounted for as a reverse merger using the acquisition method of accounting primarily due to the relative voting interests in the Company upon completion of the 2014 Mergers. As a result, Piedmont and its consolidated subsidiaries represent the accounting acquirer, and Yadkin represents the accounting acquiree. Therefore, the historical financial results of the Company prior to the 2014 Mergers reflect the historical balances of Piedmont, and the financial results of the Company after the 2014 Mergers reflect the combined organization. In addition, the assets and liabilities of Yadkin as of the date of the 2014 Mergers have been recorded at estimated fair value and added to those of Piedmont. The Company has substantially completed its valuations of Yadkin's assets and liabilities but may refine those valuations for up to a year from the date of the 2014 Mergers. The 2014 Mergers had a significant impact on all aspects of the Company's financial statements, and as a result, financial results after the 2014 Mergers may not be comparable to financial results prior to the 2014 Mergers. The Piedmont Phantom Equity Plan, which is a type of deferred compensation plan, was assumed by the Company in the 2014 Mergers. A total of 856,447 shares of Yadkin’s voting common stock that otherwise would have been issued to Piedmont shareholders as merger consideration if the Piedmont Phantom Equity Plan did not exist was issued to a rabbi trust established by Yadkin to serve as a source of payment for both (i) payments due under the Piedmont Phantom Equity Plan and (ii) contingent merger consideration payable to former holders of Piedmont common stock. From an accounting perspective, 28,405 shares of Yadkin's Series T and T-ACB Preferred Stock were assumed by the Company in the 2014 Mergers. The Series T and T-ACB Preferred Stock rank equally and have identical terms. They have no maturity date and pay cumulative dividends of 9.0 percent annually. The Series T and T-ACB preferred stock were redeemed by the Company As the legal acquirer, Yadkin issued 17.3 million shares of voting common stock in connection with the 2014 Mergers, which represented approximately 55 percent of the voting interests in the Company at the time of the 2014 Mergers. Guidance in FASB ASC 805-40-30-2 explains that the purchase price in a reverse merger is determined "based on the number of equity interests the legal [acquiree] would have had to issue to give the owners of the legal [acquirer] the same equity interest in the combined entity that results from the reverse acquisition." The first step in estimating the purchase price in the 2014 Mergers is to determine the ownership of the combined institution following the 2014 Mergers. The table below summarizes, for each shareholder group immediately prior to the 2014 Mergers, the ownership of Yadkin common stock immediately following the 2014 Mergers as well as the market capitalization of the combined institution using Yadkin’s stock price at the time of the 2014 Mergers. Yadkin Financial Corporation Ownership and Market Value Table Shareholder Groups Immediately Prior to 2014 Mergers Number of Outstanding YDKN Shares Percentage Ownership Market Value at $19.41 YDKN Share Price Piedmont shareholders 9,219,406 29.10 % $ 178,949 VantageSouth shareholders (excluding Piedmont) 7,195,127 22.75 139,657 Shares issued and held in Rabbi Trust 856,447 2.75 16,624 Total Piedmont and VantageSouth shareholders 17,270,980 54.60 335,230 Yadkin shareholders 14,380,127 45.40 279,118 Total 31,651,107 100.00 % $ 614,348 Next, the number of shares Piedmont would have had to issue to give Yadkin and other owners the same percentage ownership in the combined institution is calculated in the table below. Hypothetical Piedmont Ownership Shareholder Groups Immediately Prior to 2014 Mergers Number of Outstanding Piedmont Shares Percentage Ownership Piedmont shareholders 1,466,664 29.13 % VantageSouth shareholders (excluding Piedmont) 1,144,633 22.73 Shares issued and held in Rabbi Trust 136,247 2.71 Total Piedmont and VantageSouth shareholders 2,747,544 54.57 Yadkin shareholders 2,287,654 45.43 Total 5,035,198 100.00 % Finally, the purchase price is calculated based on the number of hypothetical Piedmont shares issued to Yadkin shareholders multiplied by the share price as demonstrated in the table below. Because Piedmont was the accounting acquirer in the 2014 Mergers and was a private company, the market price per share was derived from Yadkin’s closing stock price at the time of the 2014 Mergers. The equivalent Piedmont market price per share was calculated based on the 6.28597 exchange ratio in the 2014 Mergers. Calculation of Purchase Price Equivalent Piedmont market price per share $ 122.01 Number of Piedmont shares issued to Yadkin shareholders 2,287,654 Purchase price (in thousands) $ 279,115 The following table presents the Yadkin assets acquired, liabilities assumed and other equity interests as of July 4, 2014 as well as the related purchase price allocation and calculation of the residual goodwill. As Reported by Yadkin at July 4, 2014 Initial Fair Value Adjustments Measurement Period Adjustments As Reported by the Company at July 4, 2014 Assets: Cash and cash equivalents $ 36,116 $ — $ — $ 36,116 Investment securities available for sale 259,143 (1,488 ) (a) — 257,655 Loans held for sale 15,696 — — 15,696 Loans, net 1,403,419 (30,740 ) (b) — 1,372,679 Federal Home Loan Bank stock, at cost 3,778 — — 3,778 Premises and equipment 40,204 (2,344 ) (c) — 37,860 Bank-owned life insurance 27,306 — — 27,306 Foreclosed assets 2,271 (601 ) (d) — 1,670 Deferred tax asset, net 16,955 5,939 (e) 1,197 24,091 Goodwill — 124,172 (f) 1,727 (n) 125,899 Other intangible assets 1,665 10,965 (g) 321 (o) 12,951 Accrued interest receivable and other assets 16,330 (2,229 ) (h) — (p) 14,101 Total assets 1,822,883 103,674 3,245 1,929,802 Liabilities: Deposits $ 1,509,581 $ 5,019 (i) $ — $ 1,514,600 Short-term borrowings 72,879 — — 72,879 Long-term debt 38,217 (15,486 ) (j) — 22,731 Accrued interest payable and other liabilities 8,448 (338 ) (k) 3,245 (q) 11,355 Total liabilities 1,629,125 (10,805 ) 3,245 1,621,565 Net assets acquired 193,758 114,479 — 308,237 Other equity interests: Preferred stock 28,405 — (l) — 28,405 Common stock warrants 1,850 (1,133 ) (m) — 717 Total other equity interests 30,255 (1,133 ) — 29,122 Purchase price $ 279,115 Explanation of fair value adjustments (a) Adjustment reflects opening fair value of securities portfolio, which was established as the new book basis of the portfolio. (b) Adjustment reflects the elimination of Yadkin's historical allowance for loan losses of $16.4 million and the recording of a fair value discount of $47.2 million on the loan portfolio. The fair value discount was calculated by forecasting cash flows over the expected remaining life of each loan and discounting those cash flows to present value using current market rates for similar loans. Forecasted cash flows include an estimate of lifetime credit losses on the loan portfolio. (c) Adjustment reflects fair value adjustments on certain acquired branch offices as well as certain software and computer equipment. (d) Adjustment reflects the write down of certain foreclosed assets based on current estimates of property values given current market conditions and additional discounts based on the Company's planned disposition strategy. (e) Adjustment reflects the tax impact of acquisition accounting fair value adjustments. (f) Goodwill represents the excess of the purchase price over the fair value of acquired net assets. (g) Adjustment reflects the estimated fair value of the acquired core deposit intangible. (h) Adjustment reflects the impact of fair value adjustments on other assets, which include mortgage servicing assets, certain unusable prepaid expenses, and the elimination of accrued interest on purchased credit-impaired loans. (i) Adjustment reflects the fair value premium on time deposits, which was calculated by discounting future contractual interest payments at a current market interest rate. (j) Adjustments reflect the fair value adjustments for subordinated debt issued to fund trust preferred securities and long-term Federal Home Loan Bank ("FHLB") advances, which were calculated by discounting future contractual interest payments at a current market interest rate for similar instruments. For FHLB advances, the fair value adjustment is consistent with the prepayment penalty the FHLB would charge to terminate the advance. (k) Adjustments reflect accruals and fair value adjustments for other liabilities, which include the write-off of unearned income, deferred gains, and accrued liabilities that will not be paid. (l) No fair value adjustments were made to Yadkin's outstanding preferred stock. The current preferred dividend rate of 9.0 percent approximates the current market yield for issuances of similar perpetual preferred stock. The preferred stock is currently redeemable at the liquidation value, and the Company expects the remaining life of this preferred stock to be relatively short. (m) The fair value of the common stock warrants was estimated using a Black-Scholes option pricing model assuming all 91,178 warrants will remain outstanding through expiration on July 24, 2019 . Assumptions and inputs used in the option pricing model included stock price volatility of 48.6 percent , no dividends, a risk free interest rate of 1.74 percent , and an exercise price of $21.90 per common warrant. (n) Amount reflects adjustments to goodwill resulting from adjustments (o), (p) and (q). (o) Amount reflects an adjustment to estimated fair value of the acquired core deposit intangible. (p) Amount reflects adjustments to acquired deferred tax assets and the tax impact of adjustments (o) and (q). (q) Amount reflects the adjustment of change in control obligations existing under various employment agreements that were triggered by the 2014 Mergers, an increase in reserves for unfunded letters of credit, and additional accruals for certain legal matters and other liabilities. Supplemental Pro Forma Information The table below presents supplemental pro forma information as if the Company's 2014 Mergers with VantageSouth and Piedmont had occurred on January 1, 2014. Pro forma results include adjustments for amortization and accretion of estimated fair value adjustments and do not include any projected cost savings or other anticipated benefits of the 2014 Mergers. Therefore, the pro forma financial information is not indicative of the results of operations that would have occurred had the transactions been effected on the assumed date. Year ended December 31, 2014 Total interest and non-interest income $ 212,531 Net interest income $ 157,805 Net income $ 34,370 Net income available to common shareholders $ 31,934 Basic income per common share $ 1.02 Diluted income per common share $ 1.02 Weighted average basic common shares outstanding 31,295,562 Weighted average diluted common shares outstanding 31,375,585

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	INVESTMENT SECURITIES The following tables summarize the amortized cost, gross unrealized gains and losses, and fair value of investment securities available for sale and held to maturity by major classification. December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Securities available for sale: GSE obligations $ 5,980 $ 3 $ 1 $ 5,982 SBA-guaranteed securities 12,114 74 12 12,176 Mortgage-backed securities issued by GSE 440,654 887 5,916 435,625 Municipal bonds 55,402 504 106 55,800 Corporate bonds 123,669 551 688 123,532 Collateralized loan obligations 50,538 — 55 50,483 Non-agency RMBS 3,528 144 9 3,663 Other debt securities 245 — — 245 Marketable equity securities 2,381 33 788 1,626 Total securities available for sale $ 694,511 $ 2,196 $ 7,575 $ 689,132 Securities held to maturity: Municipal bonds $ 39,182 $ 1,318 $ — $ 40,500 December 31, 2014 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Securities available for sale: GSE obligations $ 14,914 $ 30 $ — $ 14,944 SBA-guaranteed securities 60,408 84 372 60,120 Mortgage-backed securities issued by GSE 428,076 1,086 3,879 425,283 Municipal bonds 39,907 355 4 40,258 Corporate bonds 118,799 1,261 148 119,912 Non-agency RMBS 4,961 3 1 4,963 Non-agency CMBS 3,576 2 — 3,578 Other debt securities 498 — — 498 Marketable equity securities 3,017 1 153 2,865 Total securities available for sale $ 674,156 $ 2,822 $ 4,557 $ 672,421 Securities held to maturity: Municipal bonds $ 39,620 $ 966 $ — $ 40,586 The following tables summarize gross unrealized losses and fair values, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position. Less than 12 months 12 months or more Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2015 Securities available for sale: GSE obligations $ 999 $ 1 $ — $ — $ 999 $ 1 SBA-guaranteed securities 5,043 12 — — 5,043 12 Mortgage-backed securities issued by GSE 208,620 2,453 117,144 3,463 325,764 5,916 Municipal bonds 8,995 106 — — 8,995 106 Corporate bonds 43,110 577 3,697 111 46,807 688 Collateralized loan obligations 45,471 55 — — 45,471 55 Non-agency RMBS — — 901 9 901 9 Marketable equity securities 1,411 788 — — 1,411 788 Total temporarily impaired AFS securities $ 313,649 $ 3,992 $ 121,742 $ 3,583 $ 435,391 $ 7,575 December 31, 2014 Securities available for sale: SBA-guaranteed securities $ 94 $ 1 $ 41,950 $ 371 $ 42,044 $ 372 Mortgage-backed securities issued by GSE 152,186 1,117 149,746 2,762 301,932 3,879 Municipal bonds 1,953 4 — — 1,953 4 Corporate bonds 18,123 64 3,767 84 21,890 148 Non-agency RMBS 1,318 1 — — 1,318 1 Marketable equity securities 2,711 153 — — 2,711 153 Total temporarily impaired AFS securities $ 176,385 $ 1,340 $ 195,463 $ 3,217 $ 371,848 $ 4,557 Unrealized losses on investment securities available for sale as of December 31, 2015 related to 83 mortgage-backed securities issued by U.S. government-sponsored enterprises ("GSEs"), 1 securities guaranteed by the U.S. Small Business Administration ("SBA"), 15 investment grade corporate bonds , 3 marketable equity securities, 1 GSE obligation, 1 non-agency residential mortgage-backed security, 8 collateralized loan obligations, and 9 municipal bonds. Unrealized losses on investment securities as of December 31, 2014 related to 76 mortgage-backed securities issued by GSEs, 19 SBA-guaranteed securities , 5 investment grade corporate bonds , 4 marketable equity securities, 1 GSE obligation, 1 non-agency residential mortgage-backed security,, and 6 municipal bonds. As of December 31, 2015 , 42 securities had been in an unrealized loss position for more than a twelve month period. The Company had $111 in gross unrealized losses on corporate bonds and $9 in gross unrealized losses on non-agency residential mortgage-backed securities as of December 31, 2015 that had been in an unrealized loss position for more than twelve months. These were the only securities in this position not issued or guaranteed by a U.S. government agency or GSE. Based on a review of financial statements and other financial data for these corporate issuers, the Company does not believe the unrealized losses on these bonds were due to credit events. The securities in an unrealized loss position as of December 31, 2015 continue to perform and are expected to perform through maturity, and the issuers have not experienced significant adverse events that would call into question their ability to repay these debt obligations according to contractual terms. Further, because the Company does not intend to sell these investments and does not believe that it will be required to sell the investments before recovery of their amortized cost bases, which may be maturity, unrealized losses on such securities were not considered to represent other-than-temporary impairment as of December 31, 2015 . As of December 31, 2015 , the Company held no individual investment securities with an aggregate book value greater than 10 percent of total shareholders’ equity. As of December 31, 2015 and 2014 , investment securities with carrying values of $279,953 and $314,184 , respectively, were pledged to secure public deposits, borrowings and for other purposes required or permitted by law. The amortized cost and fair values of securities available for sale, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. December 31, 2015 December 31, 2014 Amortized Cost Fair Value Amortized Cost Fair Value Securities available for sale: Due within one year $ 66,591 $ 67,163 $ 30,365 $ 30,536 Due after one year through five years 291,298 289,525 294,557 295,252 Due after five years through ten years 309,625 306,420 313,733 311,313 Due after ten years 24,616 24,398 32,484 32,455 Marketable equity securities 2,381 1,626 3,017 2,865 $ 694,511 $ 689,132 $ 674,156 $ 672,421 Securities held to maturity: Due after one year through five years $ 31,421 $ 32,272 $ 20,177 $ 20,747 Due after five years through ten years 4,072 4,229 15,836 16,092 Due after ten years 3,689 3,999 3,607 3,747 $ 39,182 $ 40,500 $ 39,620 $ 40,586 The following table summarizes securities gains (losses) for the periods presented. Year ended December 31, 2015 2014 2013 Gross gains on sales of securities available for sale $ 3 $ 453 $ 1,250 Gross losses on sales of securities available for sale (3 ) (327 ) (35 ) Total securities gains (losses) $ — $ 126 $ 1,215

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
LOANS AND ALLOWANCE FOR LOAN LOSSES	LOANS AND ALLOWANCE FOR LOAN LOSSES The following table summarizes the Company's loans by type. December 31, December 31, 2014 Commercial: Commercial real estate $ 1,451,176 $ 1,355,536 Commercial and industrial 553,121 468,848 Construction and development 345,304 370,807 Consumer: Residential real estate 343,648 360,249 Construction and development 46,263 30,061 Home equity 277,900 276,662 Other consumer 60,244 36,874 Gross loans 3,077,656 2,899,037 Less: Deferred loan fees (1,112 ) (771 ) Allowance for loan losses (9,769 ) (7,817 ) Net loans $ 3,066,775 $ 2,890,449 As of December 31, 2015 and 2014 , loans with a recorded investment of $948,433 and $828,365 , respectively, were pledged to secure borrowings or available lines of credit with correspondent banks. The Company has deposit relationships and has granted loans to certain directors and executive officers of the Company and their related interests. Such loans are made on the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other borrowers and, in management’s opinion, do not involve more than the normal risk of collectability. All loans to directors and executive officers or their related interests are submitted to the Board of Directors for approval. A summary of contractual obligations due from directors and executive officers, and their related interests, follows. Year ended December 31, 2015 2014 2013 Loans to directors and officers at beginning of period $ 7,398 $ 26,437 $ 29,999 Additions for new directors — 5,850 1,232 Reductions for retirement of directors — (24,835 ) (1,816 ) New advances to directors and officers — 1,092 8 Payoffs and principal reductions (3,142 ) (1,145 ) (2,986 ) Loans to directors and officers at end of period $ 4,256 $ 7,398 $ 26,437 Commitments to directors and officers at December 31 $ 1,027 $ 2,024 $ 96 The Company completed various sales of loans held for investment to investors during 2015 , 2014 and 2013 . The proceeds from these loan sales totaled $5,294 , $2,076 and $2,595 in 2015 , 2014 and 2013 , respectively. There was no gain or loss recorded on these loan sales. Purchased Credit-Impaired Loans Loans for which it is probable at acquisition that all contractually required payments will not be collected are considered PCI loans. The following table relates to acquired Yadkin PCI loans and summarizes the contractually required payments, which includes principal and interest, expected cash flows to be collected, and the fair value of acquired PCI loans at the merger date. Yadkin Merger July 4, 2014 Contractually required payments $ 110,365 Nonaccretable difference (21,102 ) Cash flows expected to be collected at acquisition 89,263 Accretable yield (8,604 ) Fair value of PCI loans at acquisition $ 80,659 The following table summarizes changes in accretable yield, or income expected to be collected, related to all of the Company's PCI loans for the periods presented. Year ended December 31, 2015 2014 2013 Balance, beginning of period $ 25,181 $ 25,349 $ 27,632 Loans purchased — 8,604 4,242 Accretion of income (13,333 ) (13,764 ) (13,640 ) Reclassifications from nonaccretable difference 5,749 4,091 9,595 Other, net 4,712 901 (2,480 ) Balance, end of period $ 22,309 $ 25,181 $ 25,349 The outstanding balance of PCI loans consists of the undiscounted sum of all amounts, including amounts deemed principal, interest, fees, penalties, and other under the loan, owed by the borrower at the reporting date, whether or not currently due and whether or not any such amounts have been written or charged off. The unpaid principal balance of PCI loans was $160,500 and $228,956 as of December 31, 2015 and 2014 , respectively. Purchased Non-impaired Loans Purchased non-impaired loans are also recorded at fair value at acquisition, and the related fair value discount or premium is recognized as an adjustment to yield over the remaining life of each loan. The following table relates to acquired Yadkin purchased non-impaired loans and provides the contractually required payments, fair value, and estimate of contractual cash flows not expected to be collected at the merger date. Yadkin Merger July 4, 2014 Contractually required payments $ 1,502,793 Fair value of acquired loans at acquisition 1,292,020 Contractual cash flows not expected to be collected 36,219 Allowance for Loan Losses The following tables summarize the activity in the allowance for loan losses for the periods presented. Commercial Real Estate Commercial and Industrial Commercial Construction Residential Real Estate Consumer Construction Home Equity Other Consumer Total Year ended December 31, 2015 Beginning balance $ 2,796 $ 1,274 $ 1,691 $ 1,237 $ 194 $ 546 $ 79 $ 7,817 Charge-offs (1,096 ) (2,337 ) (331 ) (509 ) — (943 ) (407 ) (5,623 ) Recoveries 58 746 — 161 27 187 151 1,330 Provision for loan losses 1,924 2,748 (494 ) 368 16 1,093 590 6,245 Ending balance $ 3,682 $ 2,431 $ 866 $ 1,257 $ 237 $ 883 $ 413 $ 9,769 Year ended December 31, 2014 Beginning balance $ 2,419 $ 805 $ 1,400 $ 1,673 $ 187 $ 476 $ 83 $ 7,043 Charge-offs (366 ) (1,034 ) (367 ) (591 ) — (429 ) (354 ) (3,141 ) Recoveries 46 88 69 131 — 123 45 502 Provision for loan losses 697 1,415 589 24 7 376 305 3,413 Ending balance $ 2,796 $ 1,274 $ 1,691 $ 1,237 $ 194 $ 546 $ 79 $ 7,817 Year ended December 31, 2013 Beginning balance $ 1,524 $ 798 $ 597 $ 940 $ 18 $ 85 $ 36 $ 3,998 Charge-offs (20 ) (483 ) (723 ) (672 ) — (558 ) (265 ) (2,721 ) Recoveries 26 23 47 146 — 39 16 297 Provision for loan losses 889 467 1,479 1,259 169 910 296 5,469 Ending balance $ 2,419 $ 805 $ 1,400 $ 1,673 $ 187 $ 476 $ 83 $ 7,043 The following tables summarize the ending allowance for loans losses and the recorded investment in loans by portfolio segment and impairment method. December 31, 2015 Commercial Real Estate Commercial and Industrial Commercial Construction Residential Real Estate Consumer Construction Home Equity Other Consumer Total Allowance for loan losses : Ending balance: Individually evaluated for impairment $ 314 $ 106 $ — $ — $ — $ 67 $ — $ 487 Collectively evaluated for impairment 2,976 2,309 704 837 233 542 359 7,960 Purchased credit-impaired 392 16 162 420 4 274 54 1,322 Total $ 3,682 $ 2,431 $ 866 $ 1,257 $ 237 $ 883 $ 413 $ 9,769 Loans : Ending balance: Individually evaluated for impairment $ 8,449 $ 2,623 $ 177 $ 3,550 $ 417 $ 337 $ — $ 15,553 Collectively evaluated for impairment 1,354,977 540,685 330,714 315,030 44,630 274,042 59,983 2,920,061 Purchased credit-impaired 87,750 9,813 14,413 25,068 1,216 3,521 261 142,042 Total $ 1,451,176 $ 553,121 $ 345,304 $ 343,648 $ 46,263 $ 277,900 $ 60,244 $ 3,077,656 December 31, 2014 Commercial Real Estate Commercial and Industrial Commercial Construction Residential Real Estate Consumer Construction Home Equity Other Consumer Total Allowance for loan losses : Ending balance: Individually evaluated for impairment $ 158 $ 229 $ — $ — $ — $ 3 $ — $ 390 Collectively evaluated for impairment 2,177 952 1,590 681 194 456 79 6,129 Purchased credit-impaired 461 93 101 556 — 87 — 1,298 Total $ 2,796 $ 1,274 $ 1,691 $ 1,237 $ 194 $ 546 $ 79 $ 7,817 Loans : Ending balance: Individually evaluated for impairment $ 5,398 $ 2,343 $ 910 $ 928 $ — $ 406 $ — $ 9,985 Collectively evaluated for impairment 1,227,597 452,487 337,540 328,693 28,436 271,928 36,244 2,682,925 Purchased credit-impaired 122,541 14,018 32,357 30,628 1,625 4,328 630 206,127 Total $ 1,355,536 $ 468,848 $ 370,807 $ 360,249 $ 30,061 $ 276,662 $ 36,874 $ 2,899,037 The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans according to credit risk. The Company uses the following general definitions for risk ratings: • Pass. These loans range from superior quality with minimal credit risk to loans requiring heightened management attention but that are still an acceptable risk and continue to perform as contracted. • Special Mention. Loans classified as special mention have a potential weakness that deserves management's close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution's credit position at some future date. • Substandard. Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. • Doubtful. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The following tables summarize the risk category of loans by class of loans. Pass Special Mention Substandard Doubtful Total December 31, 2015 Non-PCI Loans Commercial: Real estate $ 1,308,789 $ 32,525 $ 22,112 $ — $ 1,363,426 Commercial and industrial 523,643 5,436 14,229 — 543,308 Construction and development 326,979 3,298 560 54 330,891 Consumer: Residential real estate 305,046 5,682 7,852 — 318,580 Construction and development 43,274 666 1,107 — 45,047 Home equity 265,128 4,442 4,809 — 274,379 Other consumer 59,273 233 477 — 59,983 Total $ 2,832,132 $ 52,282 $ 51,146 $ 54 $ 2,935,614 PCI Loans Commercial: Real estate $ 40,805 $ 29,889 $ 17,056 $ — $ 87,750 Commercial and industrial 7,913 630 1,270 — 9,813 Construction and development 5,975 3,022 5,416 — 14,413 Consumer: Residential real estate 11,158 7,134 6,776 — 25,068 Construction and development 314 328 574 — 1,216 Home equity 264 2,016 1,059 182 3,521 Other consumer 8 200 53 — 261 Total $ 66,437 $ 43,219 $ 32,204 $ 182 $ 142,042 Pass Special Mention Substandard Doubtful Total December 31, 2014 Non-PCI Loans Commercial: Real estate $ 1,187,938 $ 32,142 $ 12,915 $ — $ 1,232,995 Commercial and industrial 433,093 15,148 6,510 79 454,830 Construction and development 334,213 2,128 2,109 — 338,450 Consumer: Residential real estate 316,743 4,527 8,351 — 329,621 Construction and development 27,447 735 254 — 28,436 Home equity 264,953 4,238 3,143 — 272,334 Other consumer 35,736 237 269 2 36,244 Total $ 2,600,123 $ 59,155 $ 33,551 $ 81 $ 2,692,910 PCI Loans Commercial: Real estate $ 57,095 $ 45,711 $ 19,735 $ — $ 122,541 Commercial and industrial 7,408 2,936 3,674 — 14,018 Construction and development 6,857 16,374 9,126 — 32,357 Consumer: Residential real estate 12,703 8,206 9,719 — 30,628 Construction and development 189 723 713 — 1,625 Home equity 143 2,827 1,358 — 4,328 Other consumer 2 488 140 — 630 Total $ 84,397 $ 77,265 $ 44,465 $ — $ 206,127 The following tables summarize the past due status of non-PCI loans based on contractual terms. 30-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total December 31, 2015 Non-PCI Loans Commercial: Real estate $ 3,205 $ 4,503 $ 7,708 $ 1,355,718 $ 1,363,426 Commercial and industrial 6,004 2,599 8,603 534,705 543,308 Construction and development 68 414 482 330,409 330,891 Consumer: Residential real estate 7,625 2,876 10,501 308,079 318,580 Construction and development 1,495 946 2,441 42,606 45,047 Home equity 3,857 1,877 5,734 268,645 274,379 Other consumer 1,015 208 1,223 58,760 59,983 Total $ 23,269 $ 13,423 $ 36,692 $ 2,898,922 $ 2,935,614 30-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total December 31, 2014 Non-PCI Loans Commercial: Real estate $ 7,971 $ 2,383 $ 10,354 $ 1,222,641 $ 1,232,995 Commercial and industrial 5,612 1,707 7,319 447,511 454,830 Construction and development 1,162 369 1,531 336,919 338,450 Consumer: Residential real estate 4,872 2,210 7,082 322,539 329,621 Construction and development 569 12 581 27,855 28,436 Home equity 3,985 395 4,380 267,954 272,334 Other Consumer 797 70 867 35,377 36,244 Total $ 24,968 $ 7,146 $ 32,114 $ 2,660,796 $ 2,692,910 The following table summarizes the recorded investment of non-PCI loans on nonaccrual status and loans greater than 90 days past due and accruing by class. December 31, 2015 December 31, 2014 Nonaccrual Loans greater than 90 days past due and accruing Nonaccrual Loans greater than 90 days past due and accruing Non-PCI Loans Commercial: Commercial real estate $ 6,130 $ — $ 5,685 $ — Commercial and industrial 4,126 552 4,594 2 Construction and development 468 — 1,692 — Consumer: Residential real estate 5,353 — 3,755 — Construction and development 1,324 — 254 — Home equity 3,245 — 1,721 — Other consumer 548 — 248 — Total $ 21,194 $ 552 $ 17,949 $ 2 The following table provides information on impaired loans, which excludes PCI loans and loans evaluated collectively as a homogeneous group. Recorded Investment With a Recorded Allowance Recorded Investment With no Recorded Allowance Total Related Allowance Unpaid Principal Balance December 31, 2015 Non-PCI Loans Commercial: Commercial real estate $ 1,262 $ 7,187 $ 8,449 $ 314 $ 8,515 Commercial and industrial 531 2,092 2,623 106 2,695 Construction and development — 177 177 — 180 Consumer: Residential real estate 1,465 2,085 3,550 — 3,568 Construction and development — 417 417 — 417 Home equity 20 317 337 67 359 Other consumer — — — — — Total $ 3,278 $ 12,275 $ 15,553 $ 487 $ 15,734 December 31, 2014 Non-PCI Loans Commercial: Commercial real estate $ 885 $ 4,513 $ 5,398 $ 158 $ 5,330 Commercial and industrial 525 1,818 2,343 229 2,718 Construction and development — 910 910 — 1,971 Consumer: Residential real estate — 928 928 — 3,863 Home equity 62 344 406 3 1,920 Total $ 1,472 $ 8,513 $ 9,985 $ 390 $ 15,802 The following table provides the average balance of impaired loans for each period presented and interest income recognized during the period in which the loans were considered impaired. 2015 2014 2013 Average Balance Interest Income Average Balance Interest Income Average Balance Interest Income Non-PCI Loans Commercial: Commercial real estate $ 7,153 $ 28 $ 7,399 $ 75 $ 2,964 $ 22 Commercial and industrial 2,287 5 2,599 1 144 — Construction and development 545 — 2,509 — 1,282 — Consumer: Residential real estate 2,249 83 2,616 27 1,029 — Construction and development 209 — 214 — 48 Home equity 383 — 998 — 1,183 — Other consumer — — 99 — 100 — Total $ 12,826 $ 116 $ 16,434 $ 103 $ 6,750 $ 22 The Company may modify certain loans under terms that are below market in order to maximize the amount collected from a borrower that is experiencing financial difficulties. These modifications are considered to be troubled debt restructurings ("TDRs"). TDRs are evaluated individually for impairment based on the collateral value, if the loan is determined to be collateral dependent, or discounted expected cash flows, if the loan is not determined to be collateral dependent. The Company has no commitments to lend additional funds to any borrowers that have had a loan modified in a TDR. The following table provides the number and recorded investment of TDRs outstanding. December 31, 2015 December 31, 2014 Recorded Investment Number Recorded Investment Number TDRs: Commercial real estate $ 4,684 7 $ 4,215 7 Commercial and industrial 795 11 172 4 Commercial construction 177 2 131 2 Residential real estate 1,594 4 1,770 6 Home equity 20 1 83 2 Total $ 7,270 25 $ 6,371 21 The following tables provide the number and recorded investment of TDRs modified and defaulted during the years ended December 31, 2015 and 2014 . TDRs Modified 2015 2014 Recorded Investment Number Recorded Investment Number TDRs: Below market interest rate modifications: Commercial real estate $ 1,626 4 $ 3,460 $ 4 Commercial and industrial 283 6 105 2 Commercial construction 56 1 — — Residential real estate — — 1,658 4 Home equity 20 1 — — Total $ 1,985 12 $ 5,223 $ 10 TDRs Defaulted 2015 2014 Recorded Investment Number Recorded Investment Number TDRs: Below market interest rate modifications: Commercial real estate $ 1,441 2 $ 890 $ 3 Commercial and industrial — — 212 2 Residential real estate 114 1 — — Total $ 1,555 3 $ 1,102 $ 5 The Company does not generally forgive principal or unpaid interest as part of when restructuring loans. Therefore, the recorded investment in TDRs during 2015 and 2014 did not change following the modifications.

PURCHASED ACCOUNTS RECEIVABLE (

PURCHASED ACCOUNTS RECEIVABLE (Notes)	12 Months Ended
	Dec. 31, 2015
Accounts Receivable Additional Disclosures [Abstract]
PURCHASED ACCOUNTS RECEIVABLE	PURCHASED ACCOUNTS RECEIVABLE Income from purchased accounts receivable, which is recorded in other non-interest income, totaled $872 , $552 and $10 for the years ended December 31, 2015 , 2014 and 2013 , respectively. Purchased accounts receivable include short-term receivables of $7,900 at December 31, 2015, that are due from a U.S. bioenergy company that produces ethanol, with the debt guaranteed by its Spanish parent company. The Spanish parent company commenced pre-insolvency proceedings in Spain during the month of November, 2015. As of December 31, 2015, $5,400 of purchased receivables were delinquent, with an additional $2,500 delinquent as of the filing date of this Annual Report. An involuntary bankruptcy petition was filed against the U.S. subsidiary in the District of Kansas on February 11, 2016. On February 24, 2016, a related U.S. subsidiary of the Spanish parent company filed a voluntary Chapter 11 bankruptcy petition in the Eastern District of Missouri, along with various affiliates, including the U.S. subsidiary, with joint administration requested. On February 29, 2016, the Kansas case for the U.S. subsidiary was converted to a voluntary Chapter 11 case, with venue transferred to the Eastern District of Missouri on March 1, 2016. On March 10, 2016, the Spanish parent company announced the basis of a debt restructuring agreement that, among other things, will give creditors a controlling stake in the company in return for a 70 percent reduction in the Spanish parent company’s outstanding debt as well as $2,000,000 in additional loans. Under governing law, the parent company needs to present a restructuring plan to a Spanish court to avoid insolvency proceedings. Any such transaction would also require approval of at least 75 percent of creditors. At this time, management lacks sufficient information to determine the extent of loss on the investment in purchased accounts receivable in the pending bankruptcy case for the U.S. subsidiary. Management similarly lacks sufficient information to determine the extent of recovery possible on the guarantee by the Spanish parent company. There was no contingency accrual related to this potential exposure as of December 31, 2015 .

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
PREMISES AND EQUIPMENT	PREMISES AND EQUIPMENT A summary of premises and equipment is presented in the table below. December 31, 2015 December 31, 2014 Land $ 21,444 $ 23,171 Buildings and leasehold improvements 41,199 43,433 Furniture, software, and equipment 25,628 22,688 Less: accumulated depreciation (14,532 ) (8,913 ) Total $ 73,739 $ 80,379 Depreciation on premises and equipment, which is recorded in occupancy and equipment expense, totaled $6,155 , $4,683 and $2,521 for the years ended December 31, 2015 , 2014 and 2013 , respectively.

LOAN SERVICING

LOAN SERVICING	12 Months Ended
	Dec. 31, 2015
Transfers and Servicing [Abstract]
LOAN SERVICING	LOAN SERVICING Mortgage Loan Servicing The Company retains the servicing rights on mortgage loans sold to its investors. The unpaid principal balance of loans serviced for investors was $563,802 and $455,033 as of December 31, 2015 and 2014 , respectively. Mortgage servicing rights ("MSRs") are initially recognized at fair value in other assets on the consolidated balance sheets and are subsequently accounted for at the lower of cost or market. MSRs are amortized in proportion to, and over the estimated period, that net servicing income is expected to be received based on estimates of net cash flows on the loans serviced. The amount and timing of estimated future net cash flows are updated based on actual results and updated projections. Mortgage servicing fees, which are recorded in mortgage banking income in the consolidated statements of operations, totaled $1,272 and $538 for the years ended December 31, 2015 and 2014 , respectively. No mortgage servicing fees were recognized during 2013. The table below summarizes MSR activity for the periods presented. The Company did not retain mortgage servicing on loans sold prior to the 2014 Mergers. Year ended December 31, 2015 2014 Balance at beginning of period $ 4,284 $ — Fair value of acquired MSRs — 4,025 Additions 1,881 688 Payoffs (402 ) (126 ) Amortization (726 ) (303 ) Balance at end of period before valuation allowance 5,037 4,284 Valuation allowance (10 ) (157 ) Balance at end of period after valuation allowance $ 5,027 $ 4,127 MSRs are separated into pools based on common risk characteristics of the underlying loans, and impairment is evaluated at least quarterly at the pool level. If impairment exists at the pool level, the MSR is written down through a valuation allowance and is charged against mortgage income. Valuation allowances at period end are summarized in the preceding table. The fair value of MSRs is highly sensitive to changes in assumptions and is determined by estimating the present value of the asset's future cash flows utilizing market-based prepayment rates, discount rates and other assumptions validated through comparison to trade information, industry surveys and with the use of independent third party appraisals. Changes in prepayment speed assumptions have the most significant impact on the fair value of MSRs. Generally, as interest rates decline, mortgage loan prepayments accelerate due to increased refinance activity, which results in a decrease in the fair value of the MSR. Measurement of fair value is limited to the conditions existing and the assumptions utilized as of a particular point in time, and those assumptions may not be appropriate if they are applied at a different time. The characteristics and sensitivity of the fair value of MSRs to changes in key assumptions is included in the accompanying table. December 31, 2015 December 31, 2014 Composition of mortgage loans serviced for others: Fixed rate loans 99.90 % 99.86 % Adjustable rate loans 0.10 % 0.14 % Total 100.00 % 100.00 % Weighted average life (years) 6.60 5.77 Prepayment speed 9.98 % 12.62 % Discount rate 9.66 % 9.60 % Effect on fair value due to change in interest rates: + 0.25% $ 421 $ 566 + 0.50% 660 801 - 0.25% (599 ) (668 ) - 0.50% (1,104 ) (844 ) The sensitivity calculations above are hypothetical and should not be considered to be predictive of future performance. Changes in fair value based on adverse changes in assumptions generally cannot be extrapolated because the relationship of the changes in assumptions to fair value may not be linear. Also, in this table, the effects of an adverse variation in a particular assumption on the fair value of the MSRs is calculated without changing any other assumptions, while in reality, changes in one factor may result in changing another, which may magnify or contract the effect of the change. SBA-Guaranteed Loan Servicing The Company retains the servicing rights on SBA-guaranteed loans sold to investors. The standard sale structure under the SBA Secondary Participation Guaranty Agreement provides for the Company to retain a portion of the cash flow from the interest payment received on the loan, which is commonly known as a servicing spread. The unpaid principal balance of SBA-guaranteed loans serviced for investors was $205,879 and $136,093 as of December 31, 2015 and 2014 , respectively. SBA-guaranteed loan servicing assets are initially recognized at fair value in other assets on the consolidated balance sheets and are subsequently accounted for at the lower of cost or market. SBA servicing assets are amortized over the expected life of the related loans serviced as a reduction to the servicing income recognized from the servicing spread. SBA servicing fees, which are recorded in government-guaranteed lending income in the consolidated statements of operations, totaled $1,758 , $1,063 and $522 for the years ended December 31, 2015 , 2014 and 2013 , respectively. The table below summarizes the activity in the SBA-guaranteed loan servicing asset for the periods presented. Year ended December 31, 2015 2014 Balance at beginning of period $ 3,081 $ 1,759 Additions 2,148 1,628 Amortization (744 ) (306 ) Balance at end of period $ 4,485 $ 3,081 The fair value of the servicing asset is compared to the amortized basis when certain triggering events occur. If the amortized basis exceeds the fair value, the asset is considered impaired and is written down to fair value through a valuation allowance on the asset and a charge against SBA income. There was no valuation allowance recorded on the SBA-guaranteed loan servicing asset as of December 31, 2015 or 2014 .

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS The table below summarizes the changes in carrying amounts of goodwill and other intangibles (core deposit intangibles) for the periods presented. Core Deposit Intangible Goodwill Gross Accumulated Amortization Net Balance at December 31, 2012 $ 26,254 $ 3,128 $ (752 ) $ 2,376 Core deposit intangible resulting from the ECB merger — 4,307 — 4,307 Amortization expense — — (800 ) (800 ) Balance at December 31, 2013 26,254 7,435 (1,552 ) 5,883 Goodwill and core deposit intangible resulting from the 2014 Mergers 125,898 12,951 — 12,951 Amortization expense — — (2,157 ) (2,157 ) Balance at December 31, 2014 152,152 20,386 (3,709 ) 16,677 Amortization expense — — (3,098 ) (3,098 ) Balance at December 31, 2015 $ 152,152 $ 20,386 $ (6,807 ) $ 13,579 Goodwill represents the excess of the purchase price over the fair value of acquired net assets under the acquisition method of accounting. The Company's mergers and acquisitions that have generated goodwill were nontaxable events and, as a result, there is no tax basis in the goodwill. Accordingly, none of the goodwill associated with the respective acquisitions is deductible for tax purposes. The value of acquired core deposit relationships was determined using the present value of the difference between a market participant's cost of obtaining alternative funds and the cost to maintain the acquired deposit base. The ECB and Yadkin core deposit intangibles are being amortized over a ten -year period using an accelerated method. The table below presents estimated amortization expense for the Company's other intangible assets. 2016 $ 2,776 2017 2,485 2018 2,202 2019 1,915 2020 1,625 Thereafter 2,576 $ 13,579 Goodwill is reviewed for potential impairment at least annually at the reporting unit level. The goodwill impairment test requires a two-step method to evaluate and calculate impairment. The first step requires estimation of the reporting unit’s fair value. If the fair value exceeds the carrying value, no further testing is required. If the carrying value exceeds the fair value, a second step is performed to determine whether an impairment charge must be recorded and, if so, the amount of such charge. The Company performed its annual goodwill impairment test as of October 31, 2015 , and no impairment was indicated by this test. The Company has not identified any triggering events since the impairment test date that would indicate potential impairment. Core deposit intangibles are evaluated for impairment if events and circumstances indicate a potential for impairment. Such an evaluation of other intangible assets is based on undiscounted cash flow projections. No impairment charges were recorded for other intangible assets in any of the periods presented.

BORROWINGS

BORROWINGS	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
BORROWINGS	BORROWINGS A summary of short-term borrowings and long-term debt is presented below. December 31, 2015 December 31, 2014 Short-term borrowings: FHLB advances maturing within one year $ 375,500 $ 250,500 Long-term debt: FHLB advances maturing beyond one year $ 118,942 $ 104,651 Subordinated term loan due 2018 7,166 7,060 Subordinated notes due 2023 38,050 38,050 Junior subordinated debt to unconsolidated trusts: Maturing October 7, 2033 5,701 5,629 Maturing December 15, 2033 6,853 6,687 Maturing December 15, 2037 12,503 12,115 Capital lease obligations and other debt 5,752 5,972 Total long-term debt $ 194,967 $ 180,164 The Company may purchase federal funds through unsecured federal funds lines of credit with various correspondent banks, which totaled $185,000 as of December 31, 2015 . These lines are intended for short-term borrowings and are subject to restrictions limiting the frequency and terms of advances. These lines of credit are payable on demand and bear interest based upon the daily federal funds rate. The Company had no outstanding balances on the lines of credit as of December 31, 2015 or 2014 . The Company may borrow funds through the Federal Reserve Bank’s discount window. These borrowings are secured by investment securities with a total collateral value of $4,881 . Depending on the type of collateral, the Company may borrow between 60 and 65 percent of the collateral value pledged. The Company had no outstanding borrowings at the discount window as of December 31, 2015 or 2014 . The Company maintains a loan agreement with a correspondent bank providing for a revolving loan of up to $15,000 for the holding company. Borrowings under the holding company loan agreement accrue interest at LIBOR plus 4.00 percent . The holding company loan agreement will expire on July 1, 2016. However, the Company may extend the maturity date by twelve months so long as it is not in default under the holding company loan agreement. The obligations of the holding company loan agreement are secured by, among other things, a pledge of all of the capital stock of Yadkin Bank. The Company had no outstanding balance on the holding company loan agreement as of December 31, 2015 . FHLB Advances The Company had $152,471 of remaining availability on its credit line with the FHLB for advances as of December 31, 2015 . These advances are secured by a blanket floating lien on qualifying commercial real estate loans, multifamily loans, residential mortgage loans, and home equity lines of credit with a total lendable collateral value of $656,807 as of December 31, 2015 . Maturities of FHLB advances for the next five years and thereafter are as follows: Maturity Date Range of Contractual Rates Rate Type December 31, 2015 December 31, 2014 2015 0.20 - 2.99% Fixed rate credit — 250,500 2016 0.28 - 2.21% Fixed rate credit 375,500 90,500 2017 0.78 - 1.14% Fixed rate credit 113,000 8,000 2018 0.25% Fixed rate credit 648 667 2019 1.83% Principal reducing credit 5,000 5,000 2020 —% — — Thereafter 2.00% Principal reducing credit 188 207 Totals $ 494,336 $ 354,874 Merger-related fair value adjustments included in FHLB borrowings were $106 and $277 , as of December 31, 2015 and 2014 , respectively. Subordinated Term Loan Due 2018 In September 2008, the Bank entered into an unsecured subordinated term loan agreement in the amount of $7,500 . The agreement requires the Bank to make quarterly payments of interest at an annual contract rate, reset quarterly, equal to three-month LIBOR plus 4.00 percent . The subordinated term loan qualifies as Tier 2 capital for regulatory capital purposes, subject to a phase out of the capital qualification five years prior to maturity. The subordinated term loan was adjusted to fair value in connection with Piedmont's acquisition of Crescent, and as of December 31, 2015 and 2014 , the carrying value was $7,166 and $7,060 , respectively. The subordinated term loan agreement matures on October 18, 2018 and is currently redeemable, subject to regulatory approval. Subordinated Notes Due 2023 In August 2013, the Company issued an aggregate of $38,050 of subordinated notes in a private placement to accredited investors. The notes bear interest, payable on the 1st of January and July of each year, at a fixed annual interest rate of 7.625 percent . The notes mature in August 2023 and qualify as Tier 2 capital for regulatory purposes, subject to a phase out of the capital qualification five years prior to maturity. Junior Subordinated Debt to Unconsolidated Trusts In August 2003, $8,000 in trust preferred securities ("TRUPs") were issued through the Crescent Financial Capital Trust I (the "Crescent Trust"). The Crescent Trust invested the proceeds from the sale of its TRUPs in junior subordinated deferrable interest debentures issued by Crescent (assumed by VantageSouth in its acquisition of Crescent and subsequently assumed by the Company in its merger with VantageSouth). These TRUPs qualify as Tier 1 capital for regulatory capital purposes, subject to certain limitations. The TRUPs mature on October 7, 2033 and are currently redeemable, subject to regulatory approval. These TRUPs were adjusted to fair value in connection with Piedmont's acquisition of Crescent, and as of December 31, 2015 and 2014 , their carrying value was $25,056 and $24,431 , respectively. The TRUPs pay cash distributions quarterly at an annual contract rate, reset quarterly, equal to three-month LIBOR plus 3.10 percent . In 2003, $10,000 in TRUPs were issued through the American Community Bank Capital Trust ("ACB Trust"). The ACB Trust invested the proceeds from the sale of its TRUPs in junior subordinated deferrable interest debentures issued by ACB (and assumed by the Company in its acquisition of ACB). These TRUPs qualify as Tier 1 capital for regulatory capital purposes, subject to certain limitations. The TRUPs mature on December 15, 2033 and are currently redeemable, subject to regulatory approval. These TRUPs were adjusted to fair value in connection with the 2014 Mergers, and as of December 31, 2015 , their carrying value was $6,853 . The TRUPs pay cash distributions quarterly at an annual contract rate, reset quarterly, equal to three-month LIBOR plus 2.80 percent . In November 2007 , $25,000 in TRUPs were issued through Yadkin Valley Statutory Trust I (the "Yadkin Trust"). The Yadkin Trust invested the proceeds from the sale of its TRUPs in junior subordinated deferrable interest debentures issued by Yadkin. These TRUPs qualify as Tier 1 capital for regulatory capital purposes, subject to certain limitations. The TRUPs mature on December 15, 2037 and are currently redeemable, subject to regulatory approval. These TRUPs were adjusted to fair value in connection with the 2014 Mergers, and as of December 31, 2015 , their carrying value was $12,503 . The TRUPs pay cash distributions quarterly at an annual contract rate, reset quarterly, equal to three-month LIBOR plus 1.32 percent . Yadkin unconditionally guarantees the trust preferred securities that were previously issued by the Crescent Trust, the ACB Trust and the Yadkin Trust.

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
DEPOSITS	DEPOSITS The scheduled maturities of time deposits as of December 31, 2015 are presented below. Less Than $250 $250 and Greater Total 2016 $ 314,726 $ 205,646 $ 520,372 2017 85,947 89,118 175,065 2018 44,841 45,608 90,449 2019 91,661 52,103 143,764 2020 64,789 19,163 83,952 Thereafter 4,050 256 4,306 Total $ 606,014 $ 411,894 $ 1,017,908

LEASES

LEASES	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
LEASES	LEASES Operating Leases The Company has entered into various non-cancelable operating leases for the corporate headquarters, operations center, certain branch offices, and equipment. Future minimum lease payments under these leases for the years ending December 31 are presented below. 2016 $ 3,720 2017 3,183 2018 2,986 2019 2,142 2020 982 Thereafter 4,507 Total $ 17,520 Certain of the leases contain renewal options for various additional terms after the expiration of the current lease term. Lease payments for the renewal period are not included in the future minimum lease table above. Rent expense for the years ended December 31, 2015 , 2014 and 2013 totaled $4,540 , $4,048 , and $2,818 , respectively. Two of the leased properties used for bank branch operations are owned by a former director who was deemed to be a related party until the effectiveness of the 2014 Mergers. Lease payments for these two branches for the first six months of 2014 and the year 2013 totaled $381 and $755 , respectively. Capital Leases The Company has entered into two capital leases for banking offices. Leases that meet the criteria for capitalization are recorded as assets and the related obligations are reflected as part of long-term debt. The capital lease asset totaled $5,752 as of December 31, 2015 . Future minimum lease payments under the capital leases are presented below. 2016 $ 574 2017 583 2018 591 2019 600 2020 608 Thereafter 5,785 Total projected lease payments for capital leases 8,741 Imputed interest (2,989 ) Present value of minimum lease payments $ 5,752

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The table below summarizes significant components of income tax expense for the periods presented. Year ended December 31, 2015 2014 2013 Current tax expense: Federal $ 5,415 $ 305 $ — State — — — Total current tax expense 5,415 305 — Deferred tax expense: Federal 16,653 7,924 432 State 4,053 1,981 2,042 Total deferred tax expense 20,706 9,905 2,474 Income tax expense before change in deferred tax asset valuation allowance 26,121 10,210 2,474 Change in deferred tax asset valuation allowance (126 ) (4,797 ) (460 ) Income tax expense $ 25,995 $ 5,413 $ 2,014 Income tax expense (benefit) is reconciled to the amount computed by applying the statutory federal income tax rate of 35 percent to net income before income taxes as follows. Year ended December 31, 2015 2014 2013 Tax computed at statutory rate of 35% $ 24,718 $ 9,491 $ 2,815 Effect of state income taxes, net of federal benefit 2,635 1,287 1,348 Change in state income tax rates (361 ) (1,899 ) 1,544 Gain on acquisition — — (2,643 ) Non-taxable interest income (828 ) (437 ) (79 ) Non-taxable bank-owned life insurance (655 ) (549 ) (348 ) Non-deductible merger costs 94 1,006 309 Write-off of acquired net operating losses subject to Section 382 limitation — 652 — Change in deferred tax asset valuation allowance (126 ) (4,797 ) (460 ) Other 518 659 (472 ) Income tax expense $ 25,995 $ 5,413 $ 2,014 Significant components of deferred taxes are summarized below. December 31, December 31, Deferred tax assets: Net operating loss carryforward $ 32,638 $ 40,073 Recognized built-in loss carryforward 5,899 7,580 Acquisition accounting fair value adjustments 4,998 12,885 Allowance for loan losses 3,673 2,990 Federal tax credits carryforward 4,112 3,140 Unrealized losses on securities 2,055 667 Unrealized losses on cash flow hedges 2,596 728 Stock-based compensation 1,997 2,094 Capitalized leases 1,110 1,167 Deferred compensation 1,831 3,024 Other — 2,942 Total deferred tax assets 60,909 77,290 Valuation allowance (1,059 ) (1,185 ) Net deferred tax assets 59,850 76,105 Deferred tax liabilities: Premises and equipment 3,262 2,568 Prepaid expenses 680 478 Other 301 — Total deferred tax liabilities 4,243 3,046 Net deferred tax asset $ 55,607 $ 73,059 As of December 31, 2015 , the Company had net operating losses ("NOLs") available for carryforward of $87,264 that will expire, if unused, from 2023 through 2032. The Company also had recognized built-in losses in excess of annual limitations of $16,855 that will expire, if unused, from 2031 through 2035. The Company’s federal income tax returns are open and subject to examination from the 2012 tax return year and forward. The Company’s state income tax returns are open and subject to examination from the 2012 tax return year and forward. The Company (along with its predecessors) has completed several change in control transactions under Internal Revenue Code Section 382 (“Section 382”) and the Regulations thereunder. Those transactions are summarized below in chronological order. • Piedmont's acquisition of a controlling interest in Legacy VantageSouth Bank on February 19, 2010 • An ownership shift in the Piedmont capital structure on February 22, 2011 • Piedmont's acquisition of Community Bank of Rowan on April 19, 2011 • Piedmont's acquisition of a controlling interest in Crescent Financial Bancshares, Inc. ("Crescent") on November 18, 2011 • Piedmont's purchase of the non-controlling interests in Legacy VantageSouth Bank on February 1, 2012 along with an ownership shift in the Piedmont capital structure (described above) • Crescent's acquisition of a controlling interest in ECB on April 1, 2013 • Yadkin's merger with Piedmont and VantageSouth on July 4, 2014 (double ownership change) Accordingly, the Company is required to evaluate potential limitation or deferral of its ability to carryforward pre-acquisition NOLs and to determine the amount of net unrealized built-in losses (“NUBIL”), which may be subject to similar limitation or deferral. Under the Internal Revenue Code and Regulations, NUBIL recognized within five years of the change in control are subject to potential limitation. Recognized built-in losses ("RBIL") are generally limited to a carryforward period of twenty years, subject to the annual limitation and expire if not used by the end of that period. Based on the Company’s analysis of Section 382 limitations and applicable carryforward periods for limited NOLs and RBILs, there are NOLs totaling $1,917 that will expire unused due to Section 382 limitations. The deferred taxes related to these NOLs were written off in 2014. Other than these unusable NOLs, the Company believes that all of the remaining benefits from pre-acquisition NOLs and RBILs will ultimately be realized; however, that amount is subject to continuing analysis and will not be finalized until the five-year recognition period for each transaction expires. The Company evaluates its deferred tax assets (“DTAs”) at least quarterly to determine whether a valuation allowance is necessary. In conducting this evaluation, all available evidence is considered, both positive and negative, based on the more-likely-than-not criteria that such assets will be realized. Some of the positive and negative evidence management considered in its year-end 2015 evaluation is summarized below. Positive evidence regarding the Company's DTAs in order of significance is as follows: • Earnings trends and forecasts The Company continued to improve its earnings performance in 2015 , especially following the 2014 Mergers. The Company had a three -year cumulative pre-tax income position as of December 31, 2015 . Additionally, management monitors the Company’s performance against its business plan and forecast on a regular basis. Based on the business plan and forecast, which consider certain improvements to the Company’s business, management currently expects the Company's pre-tax income to fully absorb the existing DTAs. The Company has also begun to generate significant taxable income, which is important when considering the need to utilize NOLs and other tax loss carryforwards prior to expiration. In 2015 , the Company generated taxable income of $43.4 million before NOLs and expects taxable income to increase substantially in 2016 . • Robust capital levels and access to capital The Company's tier 1 capital and total risk-based capital ratios were 9.42% and 11.96% , respectively, as of December 31, 2015 . The Bank's tier 1 capital and total risk-based capital ratios were 10.34% and 11.99% , respectively, as of December 31, 2015 , both of which were in excess of the regulatory definition of a "well capitalized" bank. The Company has also recently demonstrated its ability to raise various forms of capital as needed to fund both strategic acquisitions and organic growth, including common stock, preferred stock, and subordinated debt. The Company also recently redeemed preferred stock previously issued to the U.S. Treasury as part of its TARP Capital Purchase Program and has current plans to redeem the remaining Yadkin preferred stock owned by private investors. • Sufficient liquidity The Company was in compliance with all liquidity policy requirements as of December 31, 2015 and maintained high levels of off balance sheet liquidity. • Low problem asset levels The Company's nonperforming loan and nonperforming asset ratios increased slightly in 2015 . Nonperforming loans to total loans were 1.06% as of December 31, 2015 , compared to 0.92% as of December 31, 2014 . Nonperforming assets to total assets were 1.07% as of December 31, 2015 , compared to 0.93% as of December 31, 2014 . Further, the Bank's classified asset ratio to tier 1 capital plus allowance for loan losses increased slightly to approximately 23 percent as of December 31, 2015 from 22 percent as of December 31, 2014 . The Company has developed a strong underwriting culture, and credit administrators with specific credit expertise have been designated for each line of business (i.e., commercial real estate, commercial and industrial, SBA, Builder Finance, mortgage, and consumer). • Sufficient carryforward period The Company's tax loss carryforward periods were evaluated to determine whether the Company has sufficient time to execute on its business plan, considering applicable annual Section 382 limitations. Based on the Company’s analysis of each change in control, annual Section 382 limitation, dollar amounts of NOLs and RBILs, and forecasted taxable income to offset these loss carryforwards, management believes the Company has sufficient time to execute on its business plan and to utilize all of its NOLs and RBILs (with the exception of certain NOLs referred to above that will expire unused and have been written off). • Tax planning strategies Reasonable tax planning strategies were considered, including conversion of non-taxable investment to taxable investment, holding investment securities in a current loss position until maturity, sale-leaseback of office buildings in an unrealized gain position, and others. Management has no current plans to execute these tax planning strategies. These tax planning strategies would only be considered for possible execution if the ultimate realization of DTAs were in question. Negative evidence regarding the necessity of a DTA valuation allowance is as follows: • Annual Section 382 limitations on acquired NOLs and RBIL The annual Section 382 limitations on the Company's acquisitions may extend the time period necessary to utilize the related NOLs and RBIL. Therefore, the Company needs to execute on its business plan over the next several years to avoid concerns regarding its ability to realize these tax benefits. • Uncertain regulatory environment The risks from an uncertain regulatory environment negatively affect nearly all financial institutions. • Uncertain economic and rate environment The risks from an uncertain economic and rate environment negatively affect nearly all financial institutions. Management believes that the Company’s balance sheet is conservatively positioned from an interest rate risk perspective, and based on its interest rate risk model, management generally expects net interest income to rise and the economic value of equity to increase in a rising interest rate environment. • Merger risks The Company's business plan calls for growth over the coming years through organic activity as well as possible merger and acquisition activity. Future mergers may significantly impact the Company's ability to realize its tax benefits, both positively and negatively. Prior to the 2014 Mergers, Piedmont maintained a full valuation allowance on all of its NOLs and other DTAs due to substantial doubt about its ability to realize these tax benefits since its federal tax returns could not be consolidated with VantageSouth at the time. Due to nature of Piedmont’s merger into Yadkin on July 4, 2014, however, Piedmont was consolidated into Yadkin from a federal tax perspective, and the Company is now able to use taxable income generated by Yadkin and its Bank to realize federal NOLs and other DTAs generated by Piedmont prior to the 2014 Mergers. Based on this transaction and the Company’s analysis of its ability to realize Piedmont’s DTAs, subject to applicable Section 382 limitations, management determined that it was appropriate to reverse the $4,706 valuation allowance on Piedmont’s DTAs subsequent to the 2014 Mergers. This valuation allowance reversal was recorded as a reduction to income tax expense. As of December 31, 2015 , the Company's valuation allowance totaled $1,059 , which represented reserves due to uncertainty regarding its ability to generate taxable income of a character required to realize the benefits related to long-term capital gains carryovers and certain state NOLs. Based on the Company's DTA evaluation, which considered the weight of the positive evidence compared to the negative evidence, management concluded that sufficient taxable income will be generated in the future to realize the Company’s remaining net DTA as of December 31, 2015 .

REGULATORY MATTERS

REGULATORY MATTERS	12 Months Ended
	Dec. 31, 2015
Regulatory Assets and Liabilities Disclosure [Abstract]
REGULATORY MATTERS	REGULATORY MATTERS Yadkin Bank is required to maintain reserve and clearing balances with the Federal Reserve Bank in the form of vault cash or deposits. There was no aggregate net reserve balance maintained with the Federal Reserve Bank as of December 31, 2015 and 2014 , respectively, as vault cash was sufficient to meet the reserve requirement. Banking regulators have established various ratios to monitor capital adequacy. The primary ratios are: (1) Tier 1 capital, which includes common shareholders' equity and qualifying preferred equity, and (2) Tier 2 capital, which includes a portion of the allowance for loan losses, certain qualifying long-term debt and preferred stock which does not qualify as Tier 1 capital. Minimum capital levels are regulated by risk-based capital adequacy guidelines which require a financial institution to maintain capital as a percent of its assets and certain off-balance sheet items adjusted for predefined credit risk factors (risk-adjusted assets). A financial institution is required to maintain, at a minimum, Tier 1 capital as a percentage of risk-adjusted assets of 6.0 percent and combined Tier 1 and Tier 2 capital as a percentage of risk-adjusted assets of 8.0 percent . In addition to the risk-based guidelines, federal regulations require the Bank to maintain a minimum leverage ratio (Tier 1 capital as a percentage of tangible assets) of 4.0 percent . During the first quarter of 2015, the Company and the Bank became subject to new Basel III regulatory capital rules, which increased existing requirements and added a new requirement for Common Equity Tier 1 of 4.5 percent . As of December 31, 2015 , and 2014 , the Company and the Bank met all applicable capital adequacy requirements. The holding company and bank capital amounts and ratios are presented in the table below. Actual Minimum for capital adequacy purposes Minimum to be well capitalized under prompt corrective action provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2015 Yadkin Financial Corporation: Total Capital (to Risk-Weighted Assets) $ 447,320 11.96 % $ 299,164 8.00 % N/A N/A Tier 1 Capital (to Risk-Weighted Assets) 396,032 10.59 % $ 224,373 6.00 % N/A N/A Tier 1 Capital (to Average Assets) 396,032 9.42 % $ 168,078 4.00 % N/A N/A Common Equity Tier 1 Capital 394,524 10.55 % $ 168,280 4.50 % N/A N/A Yadkin Bank: Total Capital (to Risk-Weighted Assets) $ 447,945 11.99 % $ 298,776 8.00 % $ 373,470 10.00 % Tier 1 Capital (to Risk-Weighted Assets) 434,707 11.64 % 224,082 6.00 % 298,776 8.00 % Tier 1 Capital (to Average Assets) 434,707 10.34 % 168,183 4.00 % 210,229 5.00 % Common Equity Tier 1 Capital 434,707 11.64 % 168,061 4.50 % 242,755 6.50 % December 31, 2014 Yadkin Financial Corporation: Total Capital (to Risk-Weighted Assets) $ 425,720 12.34 % $ 276,064 8.00 % N/A N/A Tier 1 Capital (to Risk-Weighted Assets) 375,095 10.87 % 138,032 4.00 % N/A N/A Tier 1 Capital (to Average Assets) 375,095 9.33 % 160,773 4.00 % N/A N/A Yadkin Bank: Total Capital (to Risk-Weighted Assets) $ 419,875 12.18 % $ 275,674 8.00 % $ 344,592 10.00 % Tier 1 Capital (to Risk-Weighted Assets) 407,300 11.82 % 137,837 4.00 % 206,755 6.00 % Tier 1 Capital (to Average Assets) 407,300 10.13 % 160,812 4.00 % 201,015 5.00 %

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	DERIVATIVE FINANCIAL INSTRUMENTS The Company uses derivative financial instruments to manage its interest rate risk. These instruments carry varying degrees of credit, interest rate, and market or liquidity risks. Derivative instruments are recognized as either assets or liabilities on the balance sheet and are measured at fair value. Subsequent changes in the fair value of derivatives are recognized in other comprehensive income for effective hedges, and changes in fair value are recognized in earnings for all other derivatives. Interest Rate Swaps The table below provides a summary of forward starting pay fixed interest rate swaps that are being used to hedge short-term FHLB advances. These interest rate swaps are expected to be highly effective and are accounted for as cash flow hedges with the change in fair value recognized in OCI. The purpose of these cash flow hedges is to reduce the Company's exposure to variability in interest payments attributable to changes in the three-month LIBOR component of three-month FHLB advances. Each three-month FHLB advance will be executed to correspond to the effective dates of the respective interest rate swaps and will continue to be rolled for the full term of each interest rate swap. Interest Rate Swap Notional Amount Effective Start Date Maturity Date Pay Fixed Rate Receive Floating Rate FHLB Advance Swap 1 $ 25,000 February 5, 2016 February 5, 2021 2.70 % 3-Month LIBOR FHLB Advance Swap 2 50,000 August 5, 2016 August 5, 2021 2.88 % 3-Month LIBOR FHLB Advance Swap 3 25,000 October 5, 2017 October 5, 2027 2.54 % 3-Month LIBOR FHLB Advance Swap 4 25,000 March 5, 2018 March 5, 2028 2.58 % 3-Month LIBOR $ 125,000 The table below provides information on a receive fixed interest rate swap that is being used to hedge certain floating rate loans. This interest rate swap is expected to be highly effective and is accounted for as a cash flow hedge with the change in fair value recognized in OCI. The purpose of this cash flow hedge is to reduce the Company's exposure to variability in interest receipts attributable to changes in one-month LIBOR, which is the index underlying the hedged floating rate loans. Interest Rate Swap Notional Amount Effective Start Date Maturity Date Receive Fixed Rate Pay Floating Rate Loan Swap $ 40,000 October 1, 2015 October 1, 2020 1.23 % 1-Month LIBOR In 2015, the Company terminated certain pay fixed interest rate swaps. For terminated interest rate swaps, the changes in fair value that were recorded in AOCI prior to termination will be amortized to yield over the period the hedged transactions impact earnings. The hedged transactions are currently outstanding and are expected to remain outstanding through the full original term of the interest rate swaps. The following table summarizes information regarding the terminated interest rate swaps. Terminated Interest Rate Swap Notional Amount Original Effective Start Date Original Maturity Date Date Terminated Unamortized Pre-Tax Loss in AOCI as of December 31, 2015 Terminated Swap 1 $ 25,000 April 6, 2015 April 5, 2020 March 27, 2015 $ 72 Terminated Swap 2 25,000 May 5, 2015 May 5, 2020 March 27, 2015 72 Terminated Swap 3 25,000 June 5, 2015 June 5, 2020 March 27, 2015 74 Terminated Swap 4 25,000 August 5, 2015 August 5, 2020 March 27, 2015 811 Terminated Swap 5 25,000 October 1, 2014 August 31, 2017 October 7, 2015 183 Terminated Swap 6 25,000 October 16, 2014 August 16, 2018 October 7, 2015 381 Interest Rate Caps In previous years, the Company purchased interest rate caps that are being used to hedge a floating rate subordinated term loan and certain floating rate TRUPs. The underlying index for each debt instrument is three-month LIBOR. In the event that the underlying index rate exceeds the strike rate on the respective cap, the counterparty would pay the Company the difference between the underlying index and the strike rate. These interest rate cap contracts are classified as effective cash flow hedges. Therefore, the changes in fair value of the caps are recognized in OCI. The following table summarizes key terms of each interest rate cap. Interest Rate Cap Notional Amount Effective Start Date Maturity Date Strike Rate Underlying Index of Cap Variable Rate on Underlying Debt Cap 1 $ 7,500 July 1, 2012 July 1, 2017 0.47 % 3-Month LIBOR 3-Month LIBOR + 4.00% Cap 2 8,000 July 7, 2012 July 7, 2017 0.47 3-Month LIBOR 3-Month LIBOR + 3.10% Cap 3 25,000 September 15, 2014 September 15, 2019 1.82 3-Month LIBOR 3-Month LIBOR + 1.32% Cap 4 10,000 September 30, 2014 September 30, 2019 1.85 3-Month LIBOR 3-Month LIBOR + 2.80% $ 50,500 Mortgage Loan Commitments The Company enters into interest rate lock commitments with customers and commitments to sell mortgages to investors. The forward sale commitments are entered into with investors to manage the interest rate risk associated with the customer interest rate lock commitments, and both are considered derivative financial instruments. These derivative instruments are carried at fair value and do not qualify for hedge accounting. The fair value of the interest rate lock commitments is based on the value that can be generated when the underlying loan is sold on the secondary market and is included on the consolidated balance sheets in other assets and on the consolidated statements of operations in mortgage banking income. The fair value of the forward sale commitments is based on changes in the value of the commitment, principally because of changes in interest rates, and is included on the consolidated balance sheets in other assets or other liabilities and on the consolidated statements of operations in mortgage banking income. The following table summarizes the balance sheet location and fair value amounts of derivative instruments grouped by the underlying hedged instrument. December 31, 2015 December 31, 2014 Balance Sheet Location Notional Amount Fair Value Notional Amount Fair Value Loans: Receive fixed interest rate swap Other liabilities $ 40,000 $ 493 $ — $ — FHLB advances: Pay fixed interest rate swaps Other assets — — 75,000 795 Pay fixed interest rate swaps Other liabilities 125,000 3,822 100,000 2,249 Brokered money market deposits: Pay fixed interest rate swaps Other liabilities — — 50,000 200 Subordinated term loan: Interest rate cap Other liabilities 7,500 61 7,500 128 TRUPs: Interest rate caps Other assets 43,000 482 43,000 1,104 Mortgage loan commitments: Interest rate lock commitments Other assets 30,313 408 23,274 342 Forward sale commitments Other assets 52,862 106 — — Forward sale commitments Other liabilities — — 34,727 49 Activity in AOCI related to cash flow hedges is presented in Note R. If a cash flow hedge ceases to be highly effective or is terminated, then the hedge is dedesignated, and effective changes in value that are recorded in AOCI before dedesignation are amortized to yield over the period the forecasted hedged transactions impact earnings. If the transaction is no longer probable of occurring during the forecast period or within a short period thereafter, hedge accounting is ceased and any gain or loss in AOCI is reported in earnings immediately. The Company monitors the credit risk of the counterparties to the interest rate swaps and caps.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the balance sheet. The contract or notional amounts of those instruments reflect the maximum exposure the Company has in particular classes of financial instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of conditions established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since some of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company, upon extension of credit is based on a credit evaluation of the borrower. Collateral obtained varies but may include real estate, equipment, stocks, bonds, and certificates of deposit. The following table is a summary of the contractual amount of the Company’s exposure to off-balance sheet commitments. December 31, December 31, 2014 Lending commitments: Commitments to extend credit $ 799,058 $ 658,925 Financial standby letters of credit 16,342 12,421 Other commitments: Standby letters of credit issued by the FHLB on the Bank's behalf $ 10,000 $ 10,000 Capital commitments to private investment funds 4,751 2,280 The reserve for unfunded commitments was $603 and $522 as of December 31, 2015 and 2014 , respectively, which was recorded in other liabilities on the consolidated balance sheets. The Company and Yadkin Bank have been named defendants in legal actions arising from normal business activities in which damages in various amounts are claimed. Although the amount of any liability with respect to such matters cannot be determined, in the opinion of management, any liability arising from these matters will not have a material effect on Yadkin's consolidated financial statements.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Fair value is defined as the exchange price that would be received on the measurement date to sell an asset or the price paid to transfer a liability in the principal or most advantageous market available to the entity in an orderly transaction between market participants, with a three level valuation input hierarchy. The following is a description of valuation methodologies used for assets and liabilities recorded at fair value. Investment Securities. Securities available for sale ("AFS") are recorded at fair value on a recurring basis. Fair value measurements are based upon quoted market exchange prices, if available. If quoted prices are not available, third-party pricing sources are generally utilized to determine fair value. These fair values are derived from market-based pricing matrices that were developed using observable inputs that include benchmark yields, benchmark securities, reported trades, offers, bids, issuer spreads, and broker quotes. Level 1 securities include securities traded on an active exchange, such as the New York Stock Exchange, or SBA-guaranteed securities where active market pricing is readily available. Level 2 securities include GSE securities and mortgage-backed securities issued by GSEs, private label mortgage-backed securities, municipal bonds and corporate debt securities. Level 3 securities include certain corporate debt securities with limited trading activity. The following table provides the components of the change in fair value of Level 3 available for sale securities for the periods presented. Year ended December 31, 2015 2014 2013 Level 3 AFS securities at beginning of period $ 11,290 $ 7,583 $ — Purchases 5,390 4,600 7,505 Sales, calls or maturities (4,120 ) (1,000 ) — Transfers out of Level 3 (6,000 ) — — Changes in unrealized gains and losses 168 107 78 Level 3 AFS securities at end of period $ 6,728 $ 11,290 $ 7,583 The Company's policy is to recognize transfers between levels as of the end of a reporting period. Transfers in and out of Level 3 are shown in the preceding table. There were no transfers between Level 1 and Level 2 during 2015, 2014 or 2013. SBA-Guaranteed Loans. The Company has elected to account for certain SBA-guaranteed loans at fair value on a recurring basis. Generally, the Company has reached an agreement with an investor to sell the guaranteed portion of these loans, and these amounts are classified in loans held for sale on the consolidated balance sheets until the sale is complete. The unguaranteed retained portion of the loans remains in loans held for investment and continues to be adjusted to fair value over the remaining life of the respective loans. Fair value estimates for these loans are based on observable market data and pricing and are therefore classified as recurring Level 2. Derivatives. Derivative instruments include interest rate swaps and caps and are valued on a recurring basis using quoted market prices, dealer quotes, or third party pricing models that are primarily sensitive to market observable data. Currently outstanding derivatives, except for mortgage interest rate lock commitments described below, are classified as Level 2 within the fair value hierarchy. Mortgage Loan Commitments. The fair value of interest rate lock commitments, which are included in derivatives assets and liabilities in the fair value measurement tables below, is based on servicing rate premium, origination income net of origination costs, fall out rates and changes in loan pricing between the commitment date and period end. Interest rate lock commitments are measured at fair value on a recurring basis and are classified as Level 3. The following table provides the components of the change in fair value of interest rate lock commitments for the periods presented. Year ended December 31, 2015 2014 2013 Interest rate lock commitments at beginning of period $ 342 $ 354 $ 795 Fair value of acquired Yadkin interest rate lock commitments — 231 — Issuances 1,620 2,366 2,909 Settlements (1,554 ) (2,609 ) (3,350 ) Interest rate lock commitments at end of period $ 408 $ 342 $ 354 The fair value of forward sale commitments, also included in derivative assets and liabilities in the fair value measurement tables below, is based on changes in loan pricing between the commitment date and period end. Forward sale commitments are measured at fair value on a recurring basis and are classified as Level 2. The difference between the interest rate lock commitment issuances and settlements in the preceding table and the change in fair value of forward sale commitments in the period represents the gain on mortgage loan commitments and is included in mortgage banking income on the consolidated statements of operations. Loans. Loans are not generally recorded at fair value on a recurring basis. However, certain loans are determined to be impaired, and those loans are charged down to estimated fair value. The fair value of impaired loans that are collateral dependent is based on collateral value. For impaired loans that are not collateral dependent, estimated value is based on either an observable market price, if available, or the present value of expected future cash flows. Those impaired loans not requiring a charge-off represent loans for which the estimated fair value exceeds the recorded investments in such loans. When the fair value of an impaired loan is based on an observable market price or a current appraised value with no adjustments, the Company records the impaired loan as nonrecurring Level 2. When an appraised value is not available, or the Company determines the fair value of the collateral is further impaired below the appraised value, and there is no observable market price, the impaired loan is classified as nonrecurring Level 3. Foreclosed Assets. Foreclosed assets are adjusted to fair value upon transfer of loans to foreclosed assets. Subsequently, foreclosed assets are carried at lower of cost or net realizable value. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. Given the lack of observable market prices for identical properties and market discounts applied to appraised values, the Company classifies foreclosed assets as nonrecurring Level 3. The following tables summarize fair value information for assets and liabilities measured on a recurring and nonrecurring basis. Description Total Level 1 Level 2 Level 3 December 31, 2015 Measured at fair value on a recurring basis: Securities available for sale: GSE obligations $ 5,982 $ — $ 5,982 $ — SBA-guaranteed securities 12,176 12,176 — — Mortgage-backed securities issued by GSE 435,625 — 435,625 — Collateralized loan obligations 50,483 — 50,483 — Corporate bonds 123,532 2,485 115,427 5,620 Non-agency RMBS 3,663 — 3,663 — Municipal bonds 55,800 — 54,692 1,108 Other debt securities 245 245 — — Equity securities 1,626 1,626 — — SBA-guaranteed loans held for sale 23,664 — 23,664 — SBA loans held for investment 20,423 — 20,423 — Derivative assets 996 — 588 408 Derivative liabilities 4,376 — 4,376 — Measured at fair value on a nonrecurring basis: Impaired loans $ 15,066 $ — $ — $ 15,066 Foreclosed assets 15,346 — — 15,346 Description Total Level 1 Level 2 Level 3 December 31, 2014 Measured at fair value on a recurring basis: Securities available for sale: GSE obligations $ 14,944 $ — $ 14,944 $ — SBA-guaranteed securities 60,120 60,120 — — Mortgage-backed securities issued by GSE 425,283 — 425,283 — Corporate bonds 119,912 2,545 106,077 11,290 Non-agency RMBS 4,963 — 4,963 — Non-agency CMBS 3,578 — 3,578 — Municipal bonds 40,258 — 40,258 — Other debt securities 498 498 — — Equity securities 2,865 2,865 — — SBA-guaranteed loans held for sale 8,365 — 8,365 — SBA loans held for investment 8,906 — 8,906 — Derivative assets 2,368 — 2,026 342 Derivative liabilities 2,497 — 2,497 — Measured at fair value on a non-recurring basis: Impaired loans 9,595 — — 9,595 Foreclosed assets 12,891 — — 12,891 Quantitative Information About Level 3 Fair Value Measurements The table below outlines the valuation techniques, unobservable inputs, and the range of quantitative inputs used in the valuations. Valuation Technique Unobservable Input Range Fair Value as of Fair Value as of Recurring measurements: Investment securities Pricing model Illiquidity or credit factor in discount rates 1-2% $ 6,728 $ 11,290 Interest rate lock commitments Pricing model Pull through rates 80-95% $ 408 $ 342 Nonrecurring measurements: Impaired loans Discounted appraisals Collateral discounts 15-50% $ 15,066 $ 9,595 Discounted expected cash flows Expected loss rates 0-75% Discount rates 2-8% Foreclosed assets Discounted appraisals Collateral discounts 15-50% $ 15,346 $ 12,891 The significant unobservable input used in the fair value measurement of the Company’s interest rate lock commitments is the closing ratio (or pull through rate), which represents the percentage of loans currently in a lock position which management estimates will ultimately close. Generally, the fair value of an interest rate lock commitment is positive (negative) if the prevailing interest rate is lower (higher) than the interest rate lock commitment rate. Therefore, an increase in the pull through rates (i.e., higher percentage of loans estimated to close) will result in the fair value of the interest rate lock commitments increasing in a gain position, or decreasing in a loss position. The pull through ratio is largely dependent on the loan processing stage that a loan is currently in and the change in prevailing interest rates from the time of the rate lock. The pull through rate is computed based on historical internal data and the ratio is periodically reviewed by the Company’s mortgage banking department. Due to the nature of the Company’s business, a significant portion of its assets and liabilities consist of financial instruments. Accordingly, the estimated fair values of these financial instruments are disclosed. Quoted market prices, if available, are utilized as an estimate of the fair value of financial instruments. The fair value of such instruments has been derived based on assumptions with respect to future economic conditions, the amount and timing of future cash flows and estimated discount rates. Different assumptions could significantly affect these estimates. Accordingly, the net amounts ultimately collected could be materially different from the estimates presented below. In addition, these estimates are only indicative of the values of individual financial instruments and should not be considered an indication of the fair value of the Company taken as a whole. Cash and Cash Equivalents. The carrying amounts for cash and cash equivalents are a reasonable estimate of fair value. Investment Securities Available for Sale. A description of fair value estimates for securities available for sale is included in the recurring fair value measurements section above. Investment Securities Held to Maturity. The fair value of the municipal bonds classified as held to maturity are derived from market-based pricing matrices that were developed using observable inputs that include benchmark yields, benchmark securities, reported trades, offers, bids, issuer spreads, and broker quotes. These securities are classified as Level 2 in the fair value hierarchy since the inputs used in the valuation are readily available market inputs. Loans Held For Sale. The fair value of mortgage loans held for sale is based on commitments on hand from investors within the secondary market. A description of fair value estimates for SBA-guaranteed loans held for sale is included in the recurring fair value measurements section above. Loans. Expected cash flows are forecasted over the remaining life of each loan and are discounted to present value at current market interest rates for similar loans considering loan collateral type and credit quality. Federal Home Loan Bank Stock. Given the option to redeem this stock at par through the FHLB, the carrying value of FHLB stock approximates fair value. Purchased Accounts Receivable. Purchased accounts receivable, which are classified in other assets on the consolidated balance sheet, are initially recorded at fair value, which is the same as the discounted purchase price, and generally have maturities between 30 and 60 days. Due to the short duration of these assets, the carrying amounts are a reasonable estimate of fair value. Deposits . The fair value of demand deposits, savings, money market and NOW accounts represents the amount payable on demand. The fair value of time deposits is estimated by calculating the present value of cash flows on the time deposit portfolio discounted using interest rates currently offered for instruments of similar remaining maturities. Short-term Borrowings and Long-term Debt. The fair value of short-term borrowings and long-term debt are based upon the discounted value when using current rates at which borrowings of similar maturity could be obtained. Accrued Interest Receivable and Accrued Interest Payable. The carrying amounts of accrued interest receivable and payable approximate fair value due to the short maturities of these instruments. Derivative Instruments. A description of fair value estimates for derivative instruments is included in the recurring fair value measurements section above. The following tables summarize the carrying amounts and estimated fair values of the Company's financial instruments. December 31, 2015 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 111,918 $ 111,918 $ 111,918 $ — $ — Investment securities available for sale 689,132 689,132 16,532 665,872 6,728 Investment securities held to maturity 39,182 40,500 — 40,500 — Loans held for sale 47,287 47,287 — 47,287 — Loans, net 3,066,775 3,092,461 — 23,664 3,068,797 Federal Home Loan Bank stock 24,844 24,844 — 24,844 — Derivative assets 996 996 — 588 408 Purchased accounts receivable 52,688 52,688 — 52,688 — Accrued interest receivable 12,695 12,695 — 12,695 — Financial liabilities: Deposits 3,310,297 3,310,306 — 3,310,306 — Short-term borrowings 375,500 375,500 — — 375,500 Long-term debt 194,967 198,928 — — 198,928 Derivative liabilities 4,376 4,376 — 4,376 — Accrued interest payable 2,550 2,550 — 2,550 — December 31, 2014 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 132,365 $ 132,365 $ 132,365 $ — $ — Investment securities available for sale 672,421 672,421 66,028 595,103 11,290 Investment securities held to maturity 39,620 40,404 — 40,404 — Loans held for sale 20,205 20,205 — 20,205 — Loans, net 2,890,449 2,919,573 — 1,241 2,918,332 Federal Home Loan Bank stock 19,499 19,499 — 19,499 — Derivative assets 2,368 2,368 — 2,027 342 Purchased accounts receivable 44,821 44,821 — 44,821 — Accrued interest receivable 12,071 12,071 — 12,071 — Financial liabilities: Deposits 3,247,364 3,245,431 — 3,245,431 — Short-term borrowings 250,500 250,500 — — 250,500 Long-term debt 180,164 183,326 — — 183,326 Derivative liabilities 2,497 2,497 — 2,497 — Accrued interest payable 2,688 2,688 — 2,688 —

EMPLOYEE AND DIRECTOR BENEFIT P

EMPLOYEE AND DIRECTOR BENEFIT PLANS	12 Months Ended
	Dec. 31, 2015
Share-based Compensation [Abstract]
EMPLOYEE AND DIRECTOR BENEFIT PLANS	EMPLOYEE AND DIRECTOR BENEFIT PLANS The Yadkin Financial Corporation 2013 Equity Incentive Plan (the “2013 Incentive Plan”) authorized the issuance of incentive stock awards to certain employees, officers, and directors of the Company. As of December 31, 2015 , no stock options had been granted and 105,000 restricted stock shares were awarded under the 2013 Incentive Plan. The Yadkin Valley Financial Corporation 2008 Omnibus Stock Ownership and Long Term Incentive Plan (the “2008 Stock Plan”) also authorized the issuance of awards to certain employees, officers, and directors of the Company. The awards may be issued in the form of incentive stock option grants, nonstatutory stock option grants, restricted stock awards, stock appreciation rights, and/or long term incentive compensation units. Option exercise prices are established at market value on the grant date. Vesting provisions for granted stock options and restricted stock are at the discretion of the Nominating, Compensation, and Corporate Governance Committee of the Board of Directors. Upon termination, unexercised options held by employees are forfeited and made available for future grants. The Company funds the option shares and restricted stock from authorized but unissued shares. Stock Options In addition to option grants pursuant to the 2008 Stock Plan, the Company has assumed outstanding stock options that had been granted under the stock option plans of acquired companies. Of the total options outstanding as of December 31, 2015 , 38,808 acquired options remained exercisable at a weighted average exercise price of $39.98 per share, and no options are outstanding or exercisable under the 2008 Stock Plan, and no options have been granted under the 2013 Incentive Plan. As of December 31, 2015 , 9,621 shares or options remained available for future issuance under the 2008 Stock Plan, and 195,000 shares or options remained available under the 2013 Incentive Plan. There were no options granted during the year ended December 31, 2015 . A summary of stock option activity for the year ended December 31, 2015 is presented below. Outstanding Options Exercisable Options Number Weighted Average Option Price Number Weighted Average Option Price Options outstanding at January 1, 2015 78,467 $ 31.06 78,467 $ 31.06 Exercised 22,737 15.23 22,737 15.23 Expired 14,786 31.91 14,786 31.91 Forfeited 7,136 37.55 7,136 37.55 Options outstanding at December 31, 2015 33,808 $ 39.98 33,808 $ 39.98 The weighted average remaining life of options outstanding and options exercisable was 1.21 years years and 1.72 years years as of December 31, 2015 and 2014 , respectively. The table below provides the range of exercise prices for options outstanding and exercisable as of December 31, 2015 . Range of Exercise Prices Stock Options Outstanding Stock Options Exercisable $10.01 - $20.00 1,405 1,405 $20.01 - $30.00 2,419 2,419 $30.01 - $40.00 8,409 8,409 $40.01 - $50.00 21,575 21,575 33,808 33,808 The fair market value of each option award is estimated on the date of grant using the Black-Scholes option pricing model. The risk-free interest rate is based upon a U.S. Treasury instrument with a life that is similar to the expected life of the option grant. Expected volatility is based upon the historical volatility of the Company’s stock price based upon the previous three years trading history. The expected term of the options is based upon the average life of previously issued stock options. Compensation cost related to stock options was $0 for the years ended December 31, 2015 , 2014 , and 2013 . The aggregate intrinsic value of total options outstanding and exercisable options as of December 31, 2015 was $15 . As of December 31, 2015 , there was no unrecognized compensation cost related to stock options as all options had fully vested. Restricted Stock A summary of non-vested restricted stock award activity is included below for the periods presented. Shares Weighted Average Grant Date Fair Value Non-vested at January 1, 2015 936 $ 10.68 Granted 105,000 20.09 Vested 936 10.68 Non-vested at December 31, 2015 105,000 $ 20.09 Compensation cost related to non-vested restricted stock was $352 , $336 and $8 for the years ended December 31, 2015 , 2014 and 2013 , respectively. As of December 31, 2015 , there was $1,641 in unrecognized compensation cost related to non-vested restricted stock. There was no unrecognized compensation cost related to non-vested restricted stock as of December 31, 2014 . Defined Contribution Plans The Company sponsors profit-sharing and 401(k) plans for substantially all employees. Participants may make voluntary contributions resulting in salary deferrals in accordance with Section 401(k) of the Internal Revenue Code. The plan provides for employer contribution of up to 4 percent of pre-tax salary contributed by each participant. Employer contributions to the 401(k) plans totaled $1,811 for the year ended December 31, 2015 , compared to $1,252 and $1,140 for 2014 and 2013 , respectively. Piedmont Stock Warrant Plan and Phantom Equity Plan Certain employees, officers, and directors of Piedmont were granted warrants for Piedmont common stock from 2010 to 2013 (the "Piedmont Stock Warrant Plan"). All Piedmont stock warrants had an initial contractual term of ten years. Stock warrants issued in 2010 were granted to two of Piedmont's directors with 25 percent vesting on the grant date and 25 percent vesting on each of the first, second and third anniversaries of the grant date. Stock warrants issued from 2011 to 2013 were granted with 25 percent vesting on each of the first, second, third and fourth anniversaries of the grant date. The initial exercise price of each grant equaled the price of the respective equity offering and was to have increased at an 8 percent annual rate until a required investment return was achieved, at which time the exercise price was to adjust to the initial exercise price. The required investment return was to have been achieved when, and if, Piedmont's Board of Directors determined that the initial investors had realized a return of their capital investment in Piedmont plus a cumulative, non-compounded annual return of at least 8 percent . The grant date fair value of each Piedmont stock warrant award was determined with a Monte Carlo-based option pricing model. The model assumed that the stock warrants would be exercised at the mid-point of the time to achieve the performance condition and contractual term of ten years, weighted by the probability of a change in control event. There were 146,666 warrants for shares of Piedmont's common stock outstanding as of December 31, 2013. Compensation cost recorded in non-interest expense related to the Piedmont Stock Warrant Plan was $1,145 for the year ended December 31, 2013 . The Piedmont Stock Warrant Plan was replaced by the Piedmont Phantom Equity Plan on January 24, 2014. Due to the nature of this replacement, it was accounted for as a plan modification and not a plan cancellation. The Piedmont Phantom Equity Plan was established on January 24, 2014. Under the plan, participants in the Piedmont Stock Warrant Plan were granted units (each, a “Unit”). The Units are subject to vesting on dates consistent with the vesting dates under the Piedmont stock warrant plan. Each participant is entitled to receive the aggregate “Unit Value” of the vested portion of his or her account, to be paid to the participant on the earlier of (i) December 31, 2018, or (ii) a “change of control” (as defined in the Piedmont Phantom Equity Plan). In general, Unit Value is determined by subtracting the per-Unit base price for a Unit from the “full” value of such Unit. The “full” value of each Unit is equal to the value of one share of Piedmont stock prior to the 2014 Mergers, adjusted to equal the per share consideration that a Piedmont stockholder received for one share of Piedmont common stock (that is, 6.28597 shares of Yadkin voting common stock plus any per share cash merger consideration). Each Unit has a per-Unit base price specific to that Unit (the initial base price), which generally will be increased by 8 percent per year, unless and until certain initial investors in Piedmont realize a return of their capital investment plus a cumulative, non-compounded annual return of 8 percent (the "Investment Hurdle"). Once the Investment Hurdle has been met, the per-Unit base price returns to its initial base price. Any amounts paid to participants will be paid in common stock of Yadkin. On July 4, 2014, concurrent with the 2014 Mergers, Yadkin assumed the obligations represented by the Piedmont Phantom Equity Plan, and Yadkin issued 856,447 shares of Yadkin voting common stock to an irrevocable rabbi trust to assist it in meeting its obligations under the Piedmont Phantom Equity Plan and the Merger Agreement. These shares (i) are issued and outstanding shares of Yadkin voting common stock with all rights of a holder of such shares, including the right to vote and receive dividends, and (ii) are to be used by Yadkin first to make distributions and satisfy all obligations under the Piedmont Phantom Equity Plan and then to distribute any remaining shares of Yadkin voting common stock held by the rabbi trust to the holders of Piedmont common stock that participated in the 2014 Mergers. If as of December 31, 2018 there has not been a “change of control,” then the aggregate Unit Value will be distributed to the plan participants on December 31, 2018. Shares of Yadkin voting common stock that are held in the rabbi trust will be used to satisfy these distribution obligations under the Piedmont Phantom Equity Plan. The principal of the rabbi trust and any earnings thereon will be held separate and apart from other funds of Yadkin and will be used exclusively for the uses and purposes of Piedmont Phantom Equity Plan participants, Piedmont stockholders participating in the 2014 Mergers, and general creditors of Yadkin in certain circumstances. Compensation cost recorded in non-interest expense related to the Piedmont Stock Warrant Plan and Piedmont Phantom Equity Plan was $245 for the year ended December 31, 2015 , compared to $605 for the year ended December 31, 2014 . There was no unrecognized compensation cost December 31, 2015 , compared to $245 as of December 31, 2014 . Employer shares held by a rabbi trust should be treated as treasury stock for earnings per share purposes and excluded from the denominator in the basic and diluted per share calculations. However, the obligation under a deferred compensation arrangement should be reflected in the denominator of the earnings per share calculation. Therefore, since the 856,447 shares of Yadkin common stock held in the rabbi trust pursuant to the Piedmont Phantom Equity Plan are payable to either participants in the plan or Piedmont stockholders participating in the 2014 Mergers, there is no net impact to the Company's earnings per share from these shares.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The table below summarizes the activity in AOCI for the periods presented. All amounts are net of tax. Unrealized Net Gains (Losses) on AFS Securities Unrealized Net Gains (Losses) on Cash Flow Hedges Total Balance at January 1, 2013 $ 2,085 $ (267 ) $ 1,818 Other comprehensive income (loss) before reclassifications (7,892 ) 2,648 (5,244 ) Amounts reclassified for securities gains (747 ) — (747 ) Net change in AOCI (8,639 ) 2,648 (5,991 ) Balance before non-controlling interests at December 31, 2013 (6,554 ) 2,381 (4,173 ) Non-controlling interests (2,197 ) 749 (1,448 ) Balance after non-controlling interests at December 31, 2013 $ (4,357 ) $ 1,632 $ (2,725 ) Balance at January 1, 2014 $ (6,554 ) $ 2,381 $ (4,173 ) Other comprehensive income (loss) before reclassifications 5,445 (3,440 ) 2,005 Amounts reclassified for securities gains (76 ) — (76 ) Net change in AOCI 5,369 (3,440 ) 1,929 Balance at December 31, 2014 $ (1,185 ) $ (1,059 ) $ (2,244 ) Balance at January 1, 2015 $ (1,185 ) $ (1,059 ) $ (2,244 ) Other comprehensive income (loss) before reclassifications (2,136 ) (3,236 ) (5,372 ) Amounts reclassified for securities gains — 99 99 Net change in AOCI (2,136 ) (3,137 ) (5,273 ) Balance at December 31, 2015 $ (3,321 ) $ (4,196 ) $ (7,517 ) Amounts reclassified from AOCI are included in the consolidated statements of operations as follows. AOCI Component Amount Reclassified Line Item Within Statement of Operations 2015 2014 2013 AFS securities: Gross reclassification $ — $ (126 ) $ (1,215 ) Gain on sales of available for sale securities Income tax expense — 50 468 Income tax expense (benefit) Reclassification, net of tax $ — $ (76 ) $ (747 ) Cash flow hedges: Gross reclassification $ 161 $ — $ — Gain on sales of cash flow hedges Income tax expense (62 ) — — Income tax expense (benefit) Reclassification, net of tax $ 99 $ — $ —

PARENT COMPANY FINANCIAL DATA

PARENT COMPANY FINANCIAL DATA	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
PARENT COMPANY FINANCIAL DATA	PARENT COMPANY FINANCIAL DATA The tables below present the parent company condensed balance sheets, statements of operations, and statements of cash flows for the periods indicated. Yadkin Financial Corporation is the parent company for its primary operating subsidiary, Yadkin Bank. For periods prior to the 2014 Mergers, parent company disclosures relate to Piedmont, the accounting acquirer in the 2014 Mergers. Parent Company Condensed Balance Sheets December 31, December 31, Assets: Cash and due from banks $ 5,066 $ 2,825 Investment securities available for sale 379 1,069 Investment in subsidiaries 619,144 615,570 Deferred tax asset, net — 650 Other assets 2,660 2,286 Total assets $ 627,249 $ 622,400 Liabilities and Shareholders' Equity: Long-term debt $ 63,106 $ 62,481 Accrued interest payable and other liabilities 1,594 2,117 Total liabilities 64,700 64,598 Total shareholders' equity before non-controlling interests 562,549 557,802 Total liabilities and shareholders' equity $ 627,249 $ 622,400 Parent Company Condensed Statements of Operations Year ended December 31, 2015 2014 2013 Income: Dividends from subsidiaries $ 40,108 $ 8,058 $ — Other income 105 54 — Total income 40,213 8,112 — Expense: Interest expense 3,754 2,331 — Other expenses 1,465 837 1,247 Total expenses 5,219 3,168 1,247 Income (loss) before income taxes and equity in undistributed earnings of subsidiaries 34,994 4,944 (1,247 ) Income tax benefit 1,744 5,647 — Income (loss) before equity in undistributed earnings of subsidiaries 36,738 10,591 (1,247 ) Equity in undistributed earnings of subsidiaries 7,889 11,114 7,120 Net income 44,627 21,705 5,873 Dividends on preferred stock 822 1,269 — Net income attributable to non-controlling interests — 2,466 3,470 Net income available to common shareholders $ 43,805 $ 17,970 $ 2,403 Parent Company Condensed Statements of Cash Flows Year ended December 31, 2015 2014 2013 Cash flows from operating activities: Net income $ 44,627 $ 21,705 $ 5,873 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Deferred income taxes (1,744 ) (5,647 ) — Equity in undistributed earnings of subsidiaries (7,889 ) (11,114 ) (7,120 ) Net change in other assets 1,543 258 346 Net change in interest payable and other liabilities (524 ) (281 ) (801 ) Other, net 791 419 280 Net cash provided by (used in) operating activities 36,804 5,340 (1,422 ) Cash flows from investing activities: Proceeds from sales of investment securities available for sale 640 13 — Purchases of cash flow hedges — (1,278 ) — Investment in subsidiaries — (323 ) — Proceeds from repayment of investment in subsidiaries — 6,014 2,000 Net cash from business combinations — 4,388 — Net cash provided by investing activities 640 8,814 2,000 Cash flows from financing activities: Proceeds from exercise of stock options 346 5 — Repurchase of common stock — (886 ) — Repurchase of preferred stock (28,405 ) — — Distribution to legacy shareholders of Piedmont Community Bank Holdings, Inc. — (9,810 ) — Dividends paid on preferred and common stock (7,144 ) (1,269 ) — Net cash used in financing activities (35,203 ) (11,960 ) — Net change in cash and cash equivalents 2,241 2,194 578 Cash and cash equivalents, beginning of period 2,825 631 53 Cash and cash equivalents, end of period $ 5,066 $ 2,825 $ 631

SUMMARY OF SIGNIFICANT ACCOUN28

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Business Combinations	The 2014 Mergers were accounted for as a reverse merger using the acquisition method of accounting primarily due to the relative voting interests in the Company upon completion of the 2014 Mergers. As a result, Piedmont and its consolidated subsidiaries represented the accounting acquirer, and Yadkin represented the accounting acquiree. Historical financial results of the Company prior to the 2014 Mergers reflect the historical balances of Piedmont. Financial results of the Company following the 2014 Mergers reflect balances of the combined organization. As required under the acquisition method of accounting, the assets and liabilities of Yadkin as of the date of the 2014 Mergers were recorded at estimated fair value and added to those of Piedmont. The 2014 Mergers had a significant impact on all aspects of the Company's financial statements, and as a result, financial results after the 2014 Mergers may not be comparable to financial results prior to the 2014 Mergers. Business Combinations Business combinations are accounted for using the acquisition method of accounting. Under the acquisition method of accounting, acquired assets and assumed liabilities are included with the acquirer's accounts as of the date of acquisition at estimated fair value, with any excess of purchase price over the fair value of the net assets acquired (including identifiable core deposit intangibles) capitalized as goodwill. In the event that the fair value of the net assets acquired exceeds the purchase price, an acquisition gain is recorded for the difference in consolidated statements of operations for the period in which the acquisition occurred. The core deposit intangible asset is recognized as an asset apart from goodwill when it arises from contractual or other legal rights or if it is capable of being separated or divided from the acquired entity and sold, transferred, licensed, rented or exchanged. In addition, acquisition-related costs and restructuring costs are recognized as period expenses as incurred.
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements include the accounts and transactions of the Company and Yadkin Bank. All intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates and Assumptions	Use of Estimates and Assumptions The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks, interest-earning deposits with banks and federal funds sold. Cash and cash equivalents have maturities of three months or less. Accordingly, the carrying amount of such instruments is considered a reasonable estimate of fair value.
Investment Securities	Investment Securities The Company classifies marketable investment securities as held to maturity, available for sale, or trading. Premiums and discounts are recognized in interest income using the interest method over the period to maturity. Debt securities are classified as held to maturity where the Company has both the intent and ability to hold the securities to maturity. These securities are reported at amortized cost. Investment securities available for sale are carried at fair value and consist of debt and equity securities not classified as trading or held to maturity. Unrealized holding gains and losses on available for sale securities are reported as a net amount in other comprehensive income, net of related tax effects. Gains and losses on the sale of available for sale securities are determined using the specific identification method recorded on a trade date basis. Each held to maturity and available for sale security in a loss position is evaluated for other-than-temporary impairment. The review includes an analysis of the facts and circumstances of each individual investment such as (1) the length of time and the extent to which the fair value has been below amortized cost, (2) changes in the earnings performance, credit rating, asset quality, or business prospects of the issuer, (3) the ability of the issuer to make principal and interest payments, (4) changes in the regulatory, economic, or technological environment of the issuer, and (5) changes in the general market condition of either the geographic area or industry in which the issuer operates. Regardless of these factors, if the Company has developed a plan to sell the security or it is likely that the Company will be forced to sell the security in the near future, then the impairment is considered other-than-temporary and the carrying value of the security is permanently written down to the current fair value with the difference between the new carrying value and the amortized cost charged to earnings. If the Company does not intend to sell the security and it is not more likely than not that it will be required to sell the security before recovery of its amortized cost basis less any current period credit loss, the other-than-temporary impairment is separated into the following: (1) the amount representing the credit loss and (2) the amount related to all other factors. The amount of the total other-than-temporary impairment related to the credit loss is recognized in earnings, and the amount of the total other-than-temporary impairment related to other factors is recognized in other comprehensive income, net of applicable taxes.
Loans and Non-PCI Loans	Purchased Accounts Receivable The Company invests in short-term receivables, which are purchased on an exchange, using qualified intermediaries. These receivables have repayment terms of less than a year. The investments are recorded on the consolidated balance, and income recognized on these receivables is reported in other non-interest income on the consolidated statement of income. In the event management concludes that collection of a purchased receivable is uncertain, the receivable balance is adjusted to its estimated recoverable value through a valuation allowance. Non-PCI Loans Non-PCI loans are recorded at fair value at acquisition, and the related fair value discount or premium is recognized as an adjustment to yield over the remaining life of each loan using the interest method. Loans Loans that the Company has the intent and ability to hold for the foreseeable future, or until maturity, are reported at their outstanding principal adjusted for any charge-offs, deferred fees or costs on originated loans and unamortized premiums or discounts on acquired loans. Loan origination fees and certain direct origination costs are capitalized and recognized as an adjustment to the yield of the related loan. Interest on loans is recorded based on the principal amount outstanding. The accrual of interest on impaired loans, for all classes, is discontinued when the future collectability of the recorded loan balance is in doubt. When the future collectability of the recorded loan balance is not in doubt, interest income may be recognized on the cash basis. Generally, loans are placed on nonaccrual when they are past due 90 days or more. When a loan is placed in nonaccrual status, all unpaid accrued interest is reversed and subsequent collections of interest and principal payments are generally applied as a reduction to the principal outstanding. Should the credit quality of a nonaccrual loan improve, the loan can be returned to an accrual status after demonstrating consistent payment history for at least 6 months . A loan is classified as a troubled debt restructuring (“TDR”) when certain modifications are made to the loan terms and concessions are granted to the borrowers due to financial difficulty experienced by those borrowers. In the past, the Company has granted concessions by (1) reduction of the stated interest rate for the remaining original life of the debt or (2) extension of the maturity date at a stated interest rate lower than the current market rate for new debt with similar risk. The Company does not generally grant concessions through forgiveness of principal or accrued interest. The Company's policy with respect to accrual of interest on loans restructured in a TDR follows relevant supervisory guidance. That is, if a borrower has demonstrated performance under the previous loan terms and shows capacity to perform under the restructured loan terms, continued accrual of interest at the restructured interest rate is likely. If a borrower was materially delinquent on payments prior to the restructuring but shows the capacity to meet the restructured loan terms, the loan will likely continue as nonaccrual until a period of performance under the modified terms has been established. Lastly, if the borrower does not perform under the restructured terms, the loan is placed on nonaccrual status. These loans are closely monitored, and the Company ceases accruing interest on them if the borrowers may not continue performing based on the restructured note terms. The Company's loan policies, guidelines, and procedures establish the basic guidelines governing its lending operations. They address the types of loans sought, target markets, underwriting, collateral requirements, term, interest rate, yield considerations and compliance with laws and regulations. The loan policies are reviewed and approved annually by the Board of Directors of the Bank. The summary below provides an overview of the primary types of loans the Company provides, or classes of loans, including a discussion of relevant underwriting guidelines and risk characteristics. Commercial and Industrial Loans. These loans are typically for working capital, equipment, and business expansion. Commercial and industrial loans are generally secured by accounts receivable, inventory, equipment and owner-occupied real estate. With few exceptions, the Company requires personal guarantees from the principal business owners. Commercial loans are generally originated with one to seven year maturities for working capital and equipment loans and five to seven year maturities with 15 to 25 year amortizations for owner occupied real estate. Commercial Real Estate Loans. These loans are secured principally by leased apartments, retail centers, and commercial office and industrial buildings, acquired by the borrower for both investment and owner-occupied purposes. The Company generally requires the personal guaranty of the principal business owners on all such loans. The real estate collateral is a secondary source of repayment. Commercial real estate loans are generally originated with three to seven year maturities with up to 25 year amortizations. Construction Loans. These loans are generally originated with one to 5 year maturities and may have an amortization feature that could extend up to 25 years once the properties are stabilized. The Company's primary focus on one-to-four family residential construction loans is to borrowers who are the primary end users or to builders in situations in which the home is pre-sold to the end user and the loan is repaid when the end user secures a permanent mortgage. These loans are generally originated with maturities up to 1.5 years in length. Construction loans to home builders for speculative residential homes are not a focus for the Company. In many cases, home builders do require a speculative component to their lending facilities; however, credit exposure is controlled through the covenants relating to the home builder's speculative-to-sold ratio. Any loans made in this product would be to well-established home builders with an excellent track record who are focused on delivering commodity-style housing. Through its Builder Finance division, the Company lends to home builders in its markets who have demonstrated a favorable record of performance and profitable operations. The Company's loan policies require personal guarantees of the principal business owners. Consumer Loans, Home Equity Lines of Credit and Residential Real Estate Loans. Consumer loans include automobile loans, boat and recreational vehicle financing, home equity and home improvement loans, and miscellaneous secured and unsecured personal loans. Residential real estate loans are made for purchasing and refinancing one-to-four family properties. The Company also offers construction-to-permanent loans for one-to-four family properties. These loans are generally sold to investors when construction is complete and the loan converts to permanent financing. The Company offers fixed and variable rate options on consumer loans but generally limits the maximum term to 5 to 7 years for non-real estate secured loans.
Purchased Credit-Impaired Loans	Purchased Credit-Impaired Loans Loans acquired in a transfer, including business combinations, where there is evidence of credit deterioration since origination and it is probable at the date of acquisition that we will not collect all contractually required principal and interest payments, are accounted for as purchased credit-impaired (“PCI”) loans. Where possible, PCI loans with common risk characteristics are grouped into pools at acquisition. For PCI loan pools, the excess of the cash flows initially expected to be collected over the fair value of the loans at the acquisition date (i.e., the accretable yield) is accreted into interest income over the estimated remaining life of the PCI loans using the effective yield method, provided that the timing and the amount of future cash flows is reasonably estimable. Accordingly, such loans are not classified as nonaccrual and they are considered to be accruing because their interest income relates to the accretable yield recognized under accounting for PCI loans and not to contractual interest payments. The difference between the contractually required payments and the cash flows expected to be collected at acquisition, considering the impact of prepayments, is referred to as the nonaccretable difference. Subsequent to acquisition, estimates of cash flows expected to be collected are updated each reporting period based on updated assumptions regarding default rates, loss severities, and other factors that are reflective of current market conditions. If the Company has probable decreases in pool-level cash flows expected to be collected, the provision for loan losses is charged, resulting in an increase to the ALLL. If the Company has probable and significant increases in pool-level cash flows expected to be collected, the Company will first reverse any previously established ALLL and then increase interest income as a prospective yield adjustment over the remaining life of the loan pool. The impact of changes in variable interest rates is recognized prospectively as adjustments to interest income.
Allowance for Loan Losses	Allowance for Loan Losses The ALLL and related provision are calculated for the Company's two portfolio categories: PCI loans and non-PCI loans. The following description of the Company's ALLL methodology primarily relates to non-PCI loans. The evaluation of PCI loans for impairment follows a different methodology which is described above. The ALLL is a reserve established through a provision for loan losses charged to expense. Balances are charged against the ALLL when the collectability of principal is unlikely. Subsequent recoveries, if any, are credited to the ALLL. The ALLL is maintained at a level based on management's best estimate of probable credit losses that are inherent in the loan portfolio. Management evaluates the adequacy of the ALLL on at least a quarterly basis. For non-PCI loans, the evaluation of the adequacy of the ALLL includes both loans evaluated collectively for impairment and loans evaluated individually for impairment. For loans evaluated collectively for impairment, loans are grouped based on common risk characteristics which include loan type and risk grade. Historical loss rates are calculated based on the historical probability of default ("PD") and loss given default ("LGD") for each loan grouping. PDs represent the likelihood that a loan will default within a one year period of time, and LGDs represent the estimated magnitude of loss the Company will incur if a loan defaults. A loan is considered to be in default if it becomes 90 days or more past due, meets the criteria for nonaccrual status, or incurs a charge-off. Historical loss rates are developed with four years of trailing default and loss data. These historical loss rates are then combined with certain qualitative factors to determine the ALLL reserve rates for each loan grouping. Qualitative factors include consideration of certain internal and external factors, such as loan delinquency levels and trends, loan growth, loan portfolio composition and concentrations, local and national economic conditions, the loan review function, and other factors management deems relevant to the ALLL calculation. In the second quarter of 2015, the Company enhanced its ALLL methodology by transitioning to the PD/LGD approach to calculating historical loss rates by loan grouping, as previously described. In prior periods, the Company calculated historical loss rates by loan type and then weighted these loss rates across its risk grade scale. Both methods use historical loss rates to calculate reserves on loans evaluated collectively for impairment, but the Company believes the enhanced PD/LGD approach provides a more precise and consistent estimate of loan losses across the risk grade scale based on actual default data. The enhanced ALLL calculation did not have a material impact on the total ALLL as of June 30, 2015 or on the provision for loan losses in the second quarter of 2015. However, the enhanced ALLL methodology did change the allocation of ALLL across certain loan classes, particularly commercial and industrial and construction loans. The Company held other significant inputs into the ALLL model consistent, such as the loan groupings for collective evaluation and the application of qualitative factors. There were no changes to the Company's evaluation of individually impaired loans. The Company utilizes an internal grading system to assign the degree of inherent risk on each loan in the portfolio. The risk grade is initially assigned by the lending officer and reviewed by the credit administration function. The internal risk grading system is reviewed and tested periodically by the loan review function. The Company's allowance for loan loss model uses the internal loan grading system to segment each category of loans by risk grade. Calculated loss rates are weighted more heavily for higher risk loans. A loan is considered individually impaired when, based on current information and events, if it is probable that the Company will be unable to collect the scheduled payments of principal and interest when due according to the contractual terms of the loan agreement. These loans are evaluated individually for impairment if they exceed a quantitative threshold of $ 250 at the borrower level or have been modified in a TDR. Reserves, or charge-offs, on individually impaired loans that are collateral dependent are based on the fair value of the underlying collateral, less an estimate of selling costs, while reserves, or charge-offs, on loans that are not collateral dependent are based on either an observable market price, if available, or the present value of expected future cash flows discounted at the historical effective interest rate. The Company evaluates loans that are classified as doubtful, substandard or special mention to determine whether or not they are individually impaired. This evaluation includes several factors, including review of the loan payment status and the borrower’s financial condition and operating results such as cash flows, operating income or loss, etc. The evaluation of the ALLL is inherently subjective, and management uses the best information available to establish this estimate. However, if factors such as economic conditions differ substantially from assumptions, or if amounts and timing of future cash flows expected to be received on impaired loans vary substantially from the estimates, future adjustments to the ALLL may be necessary. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Company’s ALLL. Such agencies may require the Company to recognize additions to the ALLL based on their judgments about all relevant information available to them at the time of their examination. Any adjustments to original estimates are made in the period in which the factors and other considerations indicate that adjustments to the ALLL are necessary.
Loans Held for Sale	Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are classified as held for sale and are carried at the lower of cost or fair value. Upon closing, these loans are sold to mortgage loan investors under pre-arranged terms. Origination fees are recognized upon the sale and are included in non-interest income. Related to the mortgage business, the Company enters into interest rate lock commitments and commitments to sell mortgages to investors. Interest rate lock commitments are used to manage interest rate risk associated with the fixed rate loan commitments, and forward sale commitments are entered into with investors to manage the interest rate risk associated with the customer interest rate lock commitments, both of which are considered derivative financial instruments. The period of time between the issuance of a loan commitment and the closing and sale of the loan generally ranges from 10 to 60 days. Interest rate lock commitments and forward sale commitments are derivative instruments and are carried at fair value. These derivative instruments do not qualify for hedge accounting. The fair value of interest rate lock commitments is based on current secondary market pricing and is included in other assets on the balance sheet. The fair value of the forward sale commitments is based on changes in the value of the commitment, principally because of changes in interest rates, and is included on the consolidated balance sheets in other assets or other liabilities. Changes in fair value for these instruments are reflected in non-interest income on the income statement. Gains and losses from sales of the mortgage loans are recognized when the Company ultimately sells the loans, and such gains and losses are also recorded in non-interest income. An asset is recorded for the value of the servicing rights and is amortized over the remaining life of the loan on the effective interest method. The servicing asset is included in other assets and the amortization of the servicing asset is included in non-interest expense. Servicing fees are recorded in non-interest income. The Company provides loans guaranteed by the Small Business Administration (“SBA”) for the purchase of businesses, business startups, business expansion, equipment, and working capital. All SBA loans are underwritten and documented as prescribed by the SBA. SBA loans are generally fully amortizing and have maturity dates and amortizations of up to 25 years. The portion of SBA loans originated that are guaranteed and intended for sale on the secondary market are classified as held for sale and are carried at the lower of cost or fair value. The loan participations are sold and the servicing rights are retained. At the time of the sale, an asset is recorded for the value of the servicing rights and is amortized over the remaining life of the loan on the effective interest method. The servicing asset is included in other assets and the amortization of the servicing asset is included in non-interest expense. Servicing fees are recorded in non-interest income. A gain is recorded for any premium paid in excess of the carrying value of the net assets transferred in the sale and is also included in non-interest income. The portion of SBA loans that are retained are also adjusted for a retained discount to reflect the effective interest rate on the retained unguaranteed portion of the loans. The net value of the retained loans is included in the appropriate loan classification for disclosure purposes. These loans are primarily commercial real estate or commercial and industrial.
Federal Home Loan Bank of Atlanta Stock	Federal Home Loan Bank of Atlanta Stock As a requirement for membership, the Company has invested in common stock of the Federal Home Loan Bank of Atlanta (“FHLB”). This investment is carried at cost and is periodically evaluated for impairment.
Premises and Equipment	Premises and Equipment Land is carried at cost. Other components of premises and equipment are stated at cost less accumulated depreciation. Depreciation is calculated on the straight-line method over the estimated useful lives of assets, which range from 37 to 40 years for buildings and three to ten years for furniture, software, and equipment. Leasehold improvements are amortized over the terms of the respective leases or the estimated useful lives of the improvements, whichever is shorter. Repairs and maintenance costs are charged to operations as incurred, and additions and improvements to premises and equipment are capitalized. Upon sale or retirement, the cost and related accumulated depreciation are removed from the accounts and any gains or losses are reflected in earnings. Premises and equipment are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Assets to be disposed of are transferred to other real estate owned and are reported at the lower of the carrying amount or fair value less costs to sell.
Bank-Owned Life Insurance	Bank-Owned Life Insurance The Company has purchased life insurance policies on certain current and former employees and directors. These policies are recorded in other assets at their cash surrender value, or the amount that could be realized by surrendering the policies. Income from these policies and changes in the net cash surrender value are recorded in non-interest income.
Foreclosed Assets	Foreclosed Assets Foreclosed assets include repossessed assets and other real estate owned. Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less costs to sell upon foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed, and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and valuation adjustments are included in net expenses from foreclosed assets.
Income Taxes	Income Taxes Deferred income taxes are determined by application to temporary differences of the tax rate expected to be in effect when taxes will become payable or receivable. Temporary differences are differences between the tax basis of assets and liabilities and their reported amounts in the consolidated financial statements that will result in taxable or deductible amounts in future years. The effect of a change in tax rates on deferred taxes is recognized in income in the period that includes the enactment date. 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 being 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, no tax benefit is recorded. A valuation allowance is recorded for deferred tax assets if the Company determines that it is more likely than not that some portion or all of the deferred tax assets will not be realized.
Mortgage Servicing Rights and SBA Servicing Asset	Mortgage Servicing Rights The Company retains servicing rights on mortgage loans sold to investors ("MSR"). MSRs are initially recognized at fair value in other assets on the consolidated balance sheets and are subsequently accounted for at the lower of cost or market. MSRs are amortized in proportion to, and over the estimated period, that net servicing income is expected to be received based on estimates of net cash flows on the loans serviced. The amount and timing of estimated future net cash flows are updated based on actual results and updated projections. MSRs are separated into pools based on common risk characteristics of the underlying loans, and impairment is evaluated at least quarterly at the pool level. If impairment exists at the pool level, the MSR is written down through a valuation allowance and is charged against mortgage banking income. SBA Servicing Asset All sales of SBA-guaranteed loans are executed on a servicing retained basis, and the Company retains the rights and obligations to service the loans. The standard sale structure under the SBA Secondary Participation Guaranty Agreement provides for the Company to retain a portion of the cash flow from the interest payment received on the loan. This cash flow is commonly known as a servicing spread. SBA regulations require the lender to retain a minimum 100 basis points in servicing spread for any guaranteed loan sold for a premium. The minimum servicing spread is further defined as a minimum service fee of 40 basis points and a minimum premium protection fee of 60 basis points. The servicing spread is recognized as a servicing asset to the extent the spread exceeds adequate compensation for the servicing function. Industry practice recognizes adequate compensation for servicing SBA loans as the minimum service fee of 40 basis points. The fair value of the servicing asset is measured at the discounted present value of the premium protection fee over the expected life of the related loan using appropriate discount rates and prepayment assumptions based on industry statistics. SBA servicing assets are initially recognized at fair value and amortized over the expected life of the related loans as a reduction of the servicing income recognized from the servicing spread.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill represents the cost in excess of the fair value of net assets acquired (including identifiable intangibles) in transactions accounted for as business combinations. Goodwill has an indefinite useful life and is evaluated for impairment annually, or more frequently if events and circumstances indicate that the asset might be impaired. An impairment loss is recognized to the extent that the carrying amount exceeds the asset’s fair value. The goodwill impairment analysis is a two-step test. The first, used to identify potential impairment, involves comparing each reporting unit’s estimated fair value to its carrying value, including goodwill. If the estimated fair value of a reporting unit exceeds its carrying value, goodwill is considered not to be impaired. If the carrying value exceeds estimated fair value, there is an indication of potential impairment and the second step is performed to measure the amount of impairment. The Company performs its annual goodwill impairment test as of October 31 of each year. For 2015 , the results of the first step of the goodwill impairment test provided no indication of potential impairment. Goodwill will continue to be monitored for triggering events that may indicate impairment prior to the next scheduled annual impairment test. Intangible assets with finite lives are amortized over their estimated useful lives. Other intangible assets, which consist of core deposit intangibles, are being amortized over seven to ten -year periods using an accelerated method.
Derivative Financial Instruments	Derivative Financial Instruments The Company's interest rate risk management strategy incorporates the use of derivative financial instruments, specifically interest rate swaps and caps. The Company also utilizes interest rate lock commitments and forward sale commitments, which are considered derivative instruments, in its mortgage banking operations. The accounting policies for these mortgage banking derivatives are described in "Loans Held for Sale." The interest rate swaps and caps are expected to be highly effective and have been designated as cash flow hedges. Therefore, changes in fair value are recognized in other comprehensive income until the related cash flows from the hedged item are recognized in earnings. For the interest rate caps, the initial fair value of the premium paid is allocated and recognized in the same future period that the hedged forecasted transaction impacts earnings. For cash flow hedges, ineffectiveness may be recognized to the extent that changes in value of the derivative instruments do not perfectly offset changes in the value of the hedged item. If the hedge ceases to be highly effective, hedge accounting is discontinued and changes in fair value are recognized in earnings. If a derivative instrument qualifying as a cash flow hedge is terminated or the designation removed, the realized or then unrealized gain or loss is recognized in earnings over the period in which the hedged item affects earnings. Immediate recognition in earnings is required if it is probable that the hedged cash flows will not occur. The Company only transacts with derivative counterparties with strong credit standings and requires liquid collateral to secure credit exposure. Due to these factors, the fair value of derivatives with derivative counterparties is primarily based on the interest rate mark of each trade.
Stock-Based Compensation	Stock-Based Compensation Compensation cost is recognized for stock options and restricted stock awards issued to employees and directors. Compensation cost is measured as the fair value of these awards on their date of grant. An option pricing model is utilized to estimate the fair value of stock options, while the market price of the Company’s common stock at the date of grant is used as the fair value of restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period for stock options awards and as the restriction period for restricted stock awards. Compensation cost is recognized on a pro rata basis for stock warrants previously granted to certain employees, officers and directors of Piedmont. Compensation cost was measured as the fair value of these awards on their date of grant. A Monte Carlo option pricing model was utilized to estimate the fair value of Piedmont’s stock warrants issued. Compensation cost is recognized over the vesting period.
Fair Value Measurements	Fair Value Measurements Fair value is defined as 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 between market participants on the measurement date. The Company follows the fair value hierarchy which gives the highest priority to quoted prices in active markets (observable inputs) and the lowest priority to management’s assumptions (unobservable inputs). For assets and liabilities recorded at fair value, the Company’s policy is to maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements. The Company utilizes fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. Available-for-sale investment securities and derivatives are recorded at fair value on a recurring basis. Additionally, the Company may be required to record at fair value other assets on a nonrecurring basis, such as loans, loans held for sale, impaired loans and certain other assets. These nonrecurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets. Assets and liabilities measured at fair value are grouped in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. An adjustment to the pricing method used within either Level 1 or Level 2 inputs could generate a fair value measurement that effectively falls to a lower level in the hierarchy. These levels are described as follows: • Level 1 – Valuations for assets and liabilities traded in active exchange markets. • Level 2 – Valuations for assets and liabilities that can be obtained from readily available pricing sources via independent providers for market transactions involving similar assets or liabilities. The Company’s principal market for these securities is the secondary institutional markets, and valuations are based on observable market data in those markets. • Level 3 – Valuations for assets and liabilities that are derived from other valuation methodologies, including option pricing models, discounted cash flow models and similar techniques, and not based on market exchange, dealer, or broker traded transactions. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities. The determination of where an asset or liability falls in the fair value hierarchy requires significant judgment. The Company evaluates its hierarchy disclosures at each reporting period and based on various factors, it is possible that an asset or liability may be classified differently from quarter to quarter. However, management expects that changes in classifications between levels will be rare.
Per Share Results	Per Share Results Basic and diluted net income per share are computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during each period. Diluted net income per share reflects the potential dilution that could occur if common stock options and warrants were exercised, resulting in the issuance of common stock that then shared in the net income of the Company.
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The Company’s accumulated other comprehensive income (loss) is comprised of unrealized gains and losses on securities available for sale and unrealized gains and losses on cash flow hedges to the extent that the hedges were effective. Details on the components of accumulated other comprehensive income are outlined in Note S of the Notes to Consolidated Financial Statements.
Segment Reporting	Segment Reporting Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. Management has determined that the Company has a single operating segment, which is providing general commercial banking and financial services to individuals and businesses located in North Carolina and South Carolina, and to customers in various states through its SBA lending program. The Company's various products and services are those generally offered by community banks, and the allocation of resources is based on the overall performance of the company versus individual regions, branches, products and services.
Recently Adopted and Issued Accounting Standards	Recently Adopted and Issued Accounting Standards In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-02: Leases (Topic 842) . The new guidance requires lessees to recognize assets and liabilities related to certain operating leases on the balance sheet. The new guidance also requires additional disclosures by lessees and contains targeted changes to accounting by lessors. This guidance is effective for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years. The Company is currently evaluating this guidance to determine the impact on its consolidated financial statements. In September 2015, the FASB issued ASU 2015-16: Business Combinations (Topic 805): Simplifying the Accounting for Measurement Period Adjustments. The new guidance requires acquirers to recognize adjustments to provisional amounts (that are identified during the measurement period) in the reporting period in which the adjustment amounts are determined. The new guidance also requires such amounts to be disclosed in the consolidated financial statements. The Company early adopted this guidance effective September 30, 2015. The adoption of this guidance was not material to the consolidated financial statements. In April 2015, the FASB issued ASU 2015-03: Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The amendments in ASU 2015-03 require a reporting entity to present debt issuance costs related to a recognized debt liability in the balance sheet as a direct deduction from the carrying amount of that debt liability. The recognition and measurement guidance for debt issuance costs are not affected by the amendments. The amendments in ASU 2015-03 are effective for interim and annual periods beginning after December 15, 2015 and are to be applied retrospectively. As of December 31, 2015 , the Company had $588 of debt issuance costs that were included in other assets. These costs were reclassified to reduce the carrying amount of the related debt liability on the effective date. In November 2014, the Financial Accounting Standards Board ("FASB") issued ASU 2014-17: Business Combinations (Topic 805): Pushdown Accounting (a consensus of the FASB Emerging Issues Task Force). The amendments in this Update provide the option for acquired entities to apply pushdown accounting in their stand-alone financial statements when a change-in-control event takes place. This election may be made at each change-in-control event, and allows entities to apply pushdown accounting in a subsequent period if not applied in the period in which the change-in-control event took place. The amendments in this Update were effective upon issue on November 18, 2014, allowing entities to apply the provisions to future change-in-control events or to its most recent change-in-control event. Adoption of this Update did not have an impact on the Company’s financial position or results of operations. In August 2014, the FASB issued ASU No. 2014-14, Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure. The amendments in this Update require a reporting entity to derecognize a mortgage loan and recognize a separate other receivable upon foreclosure if certain conditions are met. Upon foreclosure, the separate other receivable should be measured based on the amount of the loan balance expected to be recovered from the guarantor. The amendments in this Update are effective for interim and annual periods beginning after December 15, 2014. Adoption of this Update did not have a material impact on the Company’s financial position or results of operations. In June 2014, the FASB issued ASU 2014-11, Transfers and Servicing (Topic 860) . The amendments in this Update change the accounting for repurchase-to-maturity transactions to secured borrowing accounting. The guidance also requires separate accounting for a transfer of a financial asset executed contemporaneously with a repurchase agreement with the same counterparty, which will result in secured borrowing accounting for the repurchase agreement. This Update is effective for interim and annual reporting periods beginning after December 15, 2014. Adoption of this Update did not have a material impact on the Company’s financial position or results of operations. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) . The amendments in this Update provide a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. This Update also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The amendments in this Update are effective for periods beginning after December 15, 2016 and early adoption is not permitted. Adoption of this Update is not expected to have a material impact on the Company’s financial position or results of operations. In January 2014, the FASB issued ASU 2014-04, Receivables—Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure . The amendments in this Update clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. The amendments in this Update are effective for periods beginning after December 15, 2014. Adoption of this Update did not have a material impact on the Company’s financial position or results of operations. In January 2014, the FASB issued ASU 2014-01, Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects. The amendments in this Update permit reporting entities to make an accounting policy election to account for their investments in qualified affordable housing projects using the proportional amortization method if certain conditions are met. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received and recognizes the net investment performance in the income statement as a component of income tax expense (benefit). The amendments in this Update are effective for periods beginning after December 15, 2014. Adoption of this Update did not have a material impact on the Company’s financial position or results of operations.
Loans Credit Risk Classification	The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans according to credit risk. The Company uses the following general definitions for risk ratings: • Pass. These loans range from superior quality with minimal credit risk to loans requiring heightened management attention but that are still an acceptable risk and continue to perform as contracted. • Special Mention. Loans classified as special mention have a potential weakness that deserves management's close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution's credit position at some future date. • Substandard. Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. • Doubtful. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.
Fair Value Transfer	The Company's policy is to recognize transfers between levels as of the end of a reporting period. Transfers in and out of Level 3 are shown in the preceding table.

SUMMARY OF SIGNIFICANT ACCOUN29

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Schedule of basic and diluted net income (loss) per share	Basic and diluted net income per share have been computed based upon net income available to common shareholders as presented in the accompanying consolidated statements of operations divided by the weighted average number of common shares outstanding or assumed to be outstanding as summarized below. Year ended December 31, 2015 2014 2013 Weighted average number of common shares 31,610,733 20,500,519 9,219,406 Effect of dilutive stock options and warrants 85,075 4,623 — Weighted average number of common shares and dilutive potential common shares 31,695,808 20,505,142 9,219,406 Anti-dilutive stock options 31,403 49,474 — Anti-dilutive stock warrants — 91,178 —

MERGERS AND ACQUISITIONS (Table

MERGERS AND ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	These amounts reflect NBBC's historical basis in the assets and liabilities, prior to the fair value adjustments resulting from the merger. December 31, 2015 Assets: Cash and cash equivalents $ 42,426 Investment securities 496,809 Loans, net 2,067,627 Other assets 203,878 Total assets $ 2,810,740 Liabilities and Shareholders' Equity: Deposits $ 1,948,655 Short-term borrowings and long-term debt 576,024 Other liabilities 29,065 Total liabilities 2,553,744 Shareholders' equity 256,996 Total liabilities and shareholders' equity $ 2,810,740
Schedule of Business Acquisitions by Acquisition, Equity Interest Issued or Issuable	Next, the number of shares Piedmont would have had to issue to give Yadkin and other owners the same percentage ownership in the combined institution is calculated in the table below. Hypothetical Piedmont Ownership Shareholder Groups Immediately Prior to 2014 Mergers Number of Outstanding Piedmont Shares Percentage Ownership Piedmont shareholders 1,466,664 29.13 % VantageSouth shareholders (excluding Piedmont) 1,144,633 22.73 Shares issued and held in Rabbi Trust 136,247 2.71 Total Piedmont and VantageSouth shareholders 2,747,544 54.57 Yadkin shareholders 2,287,654 45.43 Total 5,035,198 100.00 % The equivalent Piedmont market price per share was calculated based on the 6.28597 exchange ratio in the 2014 Mergers. Calculation of Purchase Price Equivalent Piedmont market price per share $ 122.01 Number of Piedmont shares issued to Yadkin shareholders 2,287,654 Purchase price (in thousands) $ 279,115 The table below summarizes, for each shareholder group immediately prior to the 2014 Mergers, the ownership of Yadkin common stock immediately following the 2014 Mergers as well as the market capitalization of the combined institution using Yadkin’s stock price at the time of the 2014 Mergers. Yadkin Financial Corporation Ownership and Market Value Table Shareholder Groups Immediately Prior to 2014 Mergers Number of Outstanding YDKN Shares Percentage Ownership Market Value at $19.41 YDKN Share Price Piedmont shareholders 9,219,406 29.10 % $ 178,949 VantageSouth shareholders (excluding Piedmont) 7,195,127 22.75 139,657 Shares issued and held in Rabbi Trust 856,447 2.75 16,624 Total Piedmont and VantageSouth shareholders 17,270,980 54.60 335,230 Yadkin shareholders 14,380,127 45.40 279,118 Total 31,651,107 100.00 % $ 614,348
Schedule of assets acquired, liabilities assumed and other equity interest	The following table presents the Yadkin assets acquired, liabilities assumed and other equity interests as of July 4, 2014 as well as the related purchase price allocation and calculation of the residual goodwill. As Reported by Yadkin at July 4, 2014 Initial Fair Value Adjustments Measurement Period Adjustments As Reported by the Company at July 4, 2014 Assets: Cash and cash equivalents $ 36,116 $ — $ — $ 36,116 Investment securities available for sale 259,143 (1,488 ) (a) — 257,655 Loans held for sale 15,696 — — 15,696 Loans, net 1,403,419 (30,740 ) (b) — 1,372,679 Federal Home Loan Bank stock, at cost 3,778 — — 3,778 Premises and equipment 40,204 (2,344 ) (c) — 37,860 Bank-owned life insurance 27,306 — — 27,306 Foreclosed assets 2,271 (601 ) (d) — 1,670 Deferred tax asset, net 16,955 5,939 (e) 1,197 24,091 Goodwill — 124,172 (f) 1,727 (n) 125,899 Other intangible assets 1,665 10,965 (g) 321 (o) 12,951 Accrued interest receivable and other assets 16,330 (2,229 ) (h) — (p) 14,101 Total assets 1,822,883 103,674 3,245 1,929,802 Liabilities: Deposits $ 1,509,581 $ 5,019 (i) $ — $ 1,514,600 Short-term borrowings 72,879 — — 72,879 Long-term debt 38,217 (15,486 ) (j) — 22,731 Accrued interest payable and other liabilities 8,448 (338 ) (k) 3,245 (q) 11,355 Total liabilities 1,629,125 (10,805 ) 3,245 1,621,565 Net assets acquired 193,758 114,479 — 308,237 Other equity interests: Preferred stock 28,405 — (l) — 28,405 Common stock warrants 1,850 (1,133 ) (m) — 717 Total other equity interests 30,255 (1,133 ) — 29,122 Purchase price $ 279,115 Explanation of fair value adjustments (a) Adjustment reflects opening fair value of securities portfolio, which was established as the new book basis of the portfolio. (b) Adjustment reflects the elimination of Yadkin's historical allowance for loan losses of $16.4 million and the recording of a fair value discount of $47.2 million on the loan portfolio. The fair value discount was calculated by forecasting cash flows over the expected remaining life of each loan and discounting those cash flows to present value using current market rates for similar loans. Forecasted cash flows include an estimate of lifetime credit losses on the loan portfolio. (c) Adjustment reflects fair value adjustments on certain acquired branch offices as well as certain software and computer equipment. (d) Adjustment reflects the write down of certain foreclosed assets based on current estimates of property values given current market conditions and additional discounts based on the Company's planned disposition strategy. (e) Adjustment reflects the tax impact of acquisition accounting fair value adjustments. (f) Goodwill represents the excess of the purchase price over the fair value of acquired net assets. (g) Adjustment reflects the estimated fair value of the acquired core deposit intangible. (h) Adjustment reflects the impact of fair value adjustments on other assets, which include mortgage servicing assets, certain unusable prepaid expenses, and the elimination of accrued interest on purchased credit-impaired loans. (i) Adjustment reflects the fair value premium on time deposits, which was calculated by discounting future contractual interest payments at a current market interest rate. (j) Adjustments reflect the fair value adjustments for subordinated debt issued to fund trust preferred securities and long-term Federal Home Loan Bank ("FHLB") advances, which were calculated by discounting future contractual interest payments at a current market interest rate for similar instruments. For FHLB advances, the fair value adjustment is consistent with the prepayment penalty the FHLB would charge to terminate the advance. (k) Adjustments reflect accruals and fair value adjustments for other liabilities, which include the write-off of unearned income, deferred gains, and accrued liabilities that will not be paid. (l) No fair value adjustments were made to Yadkin's outstanding preferred stock. The current preferred dividend rate of 9.0 percent approximates the current market yield for issuances of similar perpetual preferred stock. The preferred stock is currently redeemable at the liquidation value, and the Company expects the remaining life of this preferred stock to be relatively short. (m) The fair value of the common stock warrants was estimated using a Black-Scholes option pricing model assuming all 91,178 warrants will remain outstanding through expiration on July 24, 2019 . Assumptions and inputs used in the option pricing model included stock price volatility of 48.6 percent , no dividends, a risk free interest rate of 1.74 percent , and an exercise price of $21.90 per common warrant. (n) Amount reflects adjustments to goodwill resulting from adjustments (o), (p) and (q). (o) Amount reflects an adjustment to estimated fair value of the acquired core deposit intangible. (p) Amount reflects adjustments to acquired deferred tax assets and the tax impact of adjustments (o) and (q). (q) Amount reflects the adjustment of change in control obligations existing under various employment agreements that were triggered by the 2014 Mergers, an increase in reserves for unfunded letters of credit, and additional accruals for certain legal matters and other liabilities.
Pro forma information	The table below presents supplemental pro forma information as if the Company's 2014 Mergers with VantageSouth and Piedmont had occurred on January 1, 2014. Pro forma results include adjustments for amortization and accretion of estimated fair value adjustments and do not include any projected cost savings or other anticipated benefits of the 2014 Mergers. Therefore, the pro forma financial information is not indicative of the results of operations that would have occurred had the transactions been effected on the assumed date. Year ended December 31, 2014 Total interest and non-interest income $ 212,531 Net interest income $ 157,805 Net income $ 34,370 Net income available to common shareholders $ 31,934 Basic income per common share $ 1.02 Diluted income per common share $ 1.02 Weighted average basic common shares outstanding 31,295,562 Weighted average diluted common shares outstanding 31,375,585

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost, gross unrealized gains and losses, and fair value of investment securities	The following tables summarize the amortized cost, gross unrealized gains and losses, and fair value of investment securities available for sale and held to maturity by major classification. December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Securities available for sale: GSE obligations $ 5,980 $ 3 $ 1 $ 5,982 SBA-guaranteed securities 12,114 74 12 12,176 Mortgage-backed securities issued by GSE 440,654 887 5,916 435,625 Municipal bonds 55,402 504 106 55,800 Corporate bonds 123,669 551 688 123,532 Collateralized loan obligations 50,538 — 55 50,483 Non-agency RMBS 3,528 144 9 3,663 Other debt securities 245 — — 245 Marketable equity securities 2,381 33 788 1,626 Total securities available for sale $ 694,511 $ 2,196 $ 7,575 $ 689,132 Securities held to maturity: Municipal bonds $ 39,182 $ 1,318 $ — $ 40,500 December 31, 2014 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Securities available for sale: GSE obligations $ 14,914 $ 30 $ — $ 14,944 SBA-guaranteed securities 60,408 84 372 60,120 Mortgage-backed securities issued by GSE 428,076 1,086 3,879 425,283 Municipal bonds 39,907 355 4 40,258 Corporate bonds 118,799 1,261 148 119,912 Non-agency RMBS 4,961 3 1 4,963 Non-agency CMBS 3,576 2 — 3,578 Other debt securities 498 — — 498 Marketable equity securities 3,017 1 153 2,865 Total securities available for sale $ 674,156 $ 2,822 $ 4,557 $ 672,421 Securities held to maturity: Municipal bonds $ 39,620 $ 966 $ — $ 40,586
Schedule of gross unrealized losses and fair values of securities in a continuous unrealized loss position	The following tables summarize gross unrealized losses and fair values, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position. Less than 12 months 12 months or more Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2015 Securities available for sale: GSE obligations $ 999 $ 1 $ — $ — $ 999 $ 1 SBA-guaranteed securities 5,043 12 — — 5,043 12 Mortgage-backed securities issued by GSE 208,620 2,453 117,144 3,463 325,764 5,916 Municipal bonds 8,995 106 — — 8,995 106 Corporate bonds 43,110 577 3,697 111 46,807 688 Collateralized loan obligations 45,471 55 — — 45,471 55 Non-agency RMBS — — 901 9 901 9 Marketable equity securities 1,411 788 — — 1,411 788 Total temporarily impaired AFS securities $ 313,649 $ 3,992 $ 121,742 $ 3,583 $ 435,391 $ 7,575 December 31, 2014 Securities available for sale: SBA-guaranteed securities $ 94 $ 1 $ 41,950 $ 371 $ 42,044 $ 372 Mortgage-backed securities issued by GSE 152,186 1,117 149,746 2,762 301,932 3,879 Municipal bonds 1,953 4 — — 1,953 4 Corporate bonds 18,123 64 3,767 84 21,890 148 Non-agency RMBS 1,318 1 — — 1,318 1 Marketable equity securities 2,711 153 — — 2,711 153 Total temporarily impaired AFS securities $ 176,385 $ 1,340 $ 195,463 $ 3,217 $ 371,848 $ 4,557
Schedule of amortized cost and fair value by contractual maturity	The amortized cost and fair values of securities available for sale, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. December 31, 2015 December 31, 2014 Amortized Cost Fair Value Amortized Cost Fair Value Securities available for sale: Due within one year $ 66,591 $ 67,163 $ 30,365 $ 30,536 Due after one year through five years 291,298 289,525 294,557 295,252 Due after five years through ten years 309,625 306,420 313,733 311,313 Due after ten years 24,616 24,398 32,484 32,455 Marketable equity securities 2,381 1,626 3,017 2,865 $ 694,511 $ 689,132 $ 674,156 $ 672,421 Securities held to maturity: Due after one year through five years $ 31,421 $ 32,272 $ 20,177 $ 20,747 Due after five years through ten years 4,072 4,229 15,836 16,092 Due after ten years 3,689 3,999 3,607 3,747 $ 39,182 $ 40,500 $ 39,620 $ 40,586
Schedule of securities gains (losses)	The following table summarizes securities gains (losses) for the periods presented. Year ended December 31, 2015 2014 2013 Gross gains on sales of securities available for sale $ 3 $ 453 $ 1,250 Gross losses on sales of securities available for sale (3 ) (327 ) (35 ) Total securities gains (losses) $ — $ 126 $ 1,215

LOANS AND ALLOWANCE FOR LOAN 32

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Schedule of loans by type	The following table summarizes the Company's loans by type. December 31, December 31, 2014 Commercial: Commercial real estate $ 1,451,176 $ 1,355,536 Commercial and industrial 553,121 468,848 Construction and development 345,304 370,807 Consumer: Residential real estate 343,648 360,249 Construction and development 46,263 30,061 Home equity 277,900 276,662 Other consumer 60,244 36,874 Gross loans 3,077,656 2,899,037 Less: Deferred loan fees (1,112 ) (771 ) Allowance for loan losses (9,769 ) (7,817 ) Net loans $ 3,066,775 $ 2,890,449
Schedule of obligations due from directors, executive officers and their interests	A summary of contractual obligations due from directors and executive officers, and their related interests, follows. Year ended December 31, 2015 2014 2013 Loans to directors and officers at beginning of period $ 7,398 $ 26,437 $ 29,999 Additions for new directors — 5,850 1,232 Reductions for retirement of directors — (24,835 ) (1,816 ) New advances to directors and officers — 1,092 8 Payoffs and principal reductions (3,142 ) (1,145 ) (2,986 ) Loans to directors and officers at end of period $ 4,256 $ 7,398 $ 26,437 Commitments to directors and officers at December 31 $ 1,027 $ 2,024 $ 96
Schedule of contractually required payments	The following table relates to acquired Yadkin PCI loans and summarizes the contractually required payments, which includes principal and interest, expected cash flows to be collected, and the fair value of acquired PCI loans at the merger date. Yadkin Merger July 4, 2014 Contractually required payments $ 110,365 Nonaccretable difference (21,102 ) Cash flows expected to be collected at acquisition 89,263 Accretable yield (8,604 ) Fair value of PCI loans at acquisition $ 80,659
Schedule of changes in accretable yield or income expected to be collected	The following table summarizes changes in accretable yield, or income expected to be collected, related to all of the Company's PCI loans for the periods presented. Year ended December 31, 2015 2014 2013 Balance, beginning of period $ 25,181 $ 25,349 $ 27,632 Loans purchased — 8,604 4,242 Accretion of income (13,333 ) (13,764 ) (13,640 ) Reclassifications from nonaccretable difference 5,749 4,091 9,595 Other, net 4,712 901 (2,480 ) Balance, end of period $ 22,309 $ 25,181 $ 25,349
Schedule of activity in allowance for loan losses	The following table relates to acquired Yadkin purchased non-impaired loans and provides the contractually required payments, fair value, and estimate of contractual cash flows not expected to be collected at the merger date. Yadkin Merger July 4, 2014 Contractually required payments $ 1,502,793 Fair value of acquired loans at acquisition 1,292,020 Contractual cash flows not expected to be collected 36,219
Schedule of purchased non-impaired loans	The following tables summarize the activity in the allowance for loan losses for the periods presented. Commercial Real Estate Commercial and Industrial Commercial Construction Residential Real Estate Consumer Construction Home Equity Other Consumer Total Year ended December 31, 2015 Beginning balance $ 2,796 $ 1,274 $ 1,691 $ 1,237 $ 194 $ 546 $ 79 $ 7,817 Charge-offs (1,096 ) (2,337 ) (331 ) (509 ) — (943 ) (407 ) (5,623 ) Recoveries 58 746 — 161 27 187 151 1,330 Provision for loan losses 1,924 2,748 (494 ) 368 16 1,093 590 6,245 Ending balance $ 3,682 $ 2,431 $ 866 $ 1,257 $ 237 $ 883 $ 413 $ 9,769 Year ended December 31, 2014 Beginning balance $ 2,419 $ 805 $ 1,400 $ 1,673 $ 187 $ 476 $ 83 $ 7,043 Charge-offs (366 ) (1,034 ) (367 ) (591 ) — (429 ) (354 ) (3,141 ) Recoveries 46 88 69 131 — 123 45 502 Provision for loan losses 697 1,415 589 24 7 376 305 3,413 Ending balance $ 2,796 $ 1,274 $ 1,691 $ 1,237 $ 194 $ 546 $ 79 $ 7,817 Year ended December 31, 2013 Beginning balance $ 1,524 $ 798 $ 597 $ 940 $ 18 $ 85 $ 36 $ 3,998 Charge-offs (20 ) (483 ) (723 ) (672 ) — (558 ) (265 ) (2,721 ) Recoveries 26 23 47 146 — 39 16 297 Provision for loan losses 889 467 1,479 1,259 169 910 296 5,469 Ending balance $ 2,419 $ 805 $ 1,400 $ 1,673 $ 187 $ 476 $ 83 $ 7,043 The following tables summarize the ending allowance for loans losses and the recorded investment in loans by portfolio segment and impairment method. December 31, 2015 Commercial Real Estate Commercial and Industrial Commercial Construction Residential Real Estate Consumer Construction Home Equity Other Consumer Total Allowance for loan losses : Ending balance: Individually evaluated for impairment $ 314 $ 106 $ — $ — $ — $ 67 $ — $ 487 Collectively evaluated for impairment 2,976 2,309 704 837 233 542 359 7,960 Purchased credit-impaired 392 16 162 420 4 274 54 1,322 Total $ 3,682 $ 2,431 $ 866 $ 1,257 $ 237 $ 883 $ 413 $ 9,769 Loans : Ending balance: Individually evaluated for impairment $ 8,449 $ 2,623 $ 177 $ 3,550 $ 417 $ 337 $ — $ 15,553 Collectively evaluated for impairment 1,354,977 540,685 330,714 315,030 44,630 274,042 59,983 2,920,061 Purchased credit-impaired 87,750 9,813 14,413 25,068 1,216 3,521 261 142,042 Total $ 1,451,176 $ 553,121 $ 345,304 $ 343,648 $ 46,263 $ 277,900 $ 60,244 $ 3,077,656 December 31, 2014 Commercial Real Estate Commercial and Industrial Commercial Construction Residential Real Estate Consumer Construction Home Equity Other Consumer Total Allowance for loan losses : Ending balance: Individually evaluated for impairment $ 158 $ 229 $ — $ — $ — $ 3 $ — $ 390 Collectively evaluated for impairment 2,177 952 1,590 681 194 456 79 6,129 Purchased credit-impaired 461 93 101 556 — 87 — 1,298 Total $ 2,796 $ 1,274 $ 1,691 $ 1,237 $ 194 $ 546 $ 79 $ 7,817 Loans : Ending balance: Individually evaluated for impairment $ 5,398 $ 2,343 $ 910 $ 928 $ — $ 406 $ — $ 9,985 Collectively evaluated for impairment 1,227,597 452,487 337,540 328,693 28,436 271,928 36,244 2,682,925 Purchased credit-impaired 122,541 14,018 32,357 30,628 1,625 4,328 630 206,127 Total $ 1,355,536 $ 468,848 $ 370,807 $ 360,249 $ 30,061 $ 276,662 $ 36,874 $ 2,899,037
Schedule risk category of loans by class of loans	The following tables summarize the risk category of loans by class of loans. Pass Special Mention Substandard Doubtful Total December 31, 2015 Non-PCI Loans Commercial: Real estate $ 1,308,789 $ 32,525 $ 22,112 $ — $ 1,363,426 Commercial and industrial 523,643 5,436 14,229 — 543,308 Construction and development 326,979 3,298 560 54 330,891 Consumer: Residential real estate 305,046 5,682 7,852 — 318,580 Construction and development 43,274 666 1,107 — 45,047 Home equity 265,128 4,442 4,809 — 274,379 Other consumer 59,273 233 477 — 59,983 Total $ 2,832,132 $ 52,282 $ 51,146 $ 54 $ 2,935,614 PCI Loans Commercial: Real estate $ 40,805 $ 29,889 $ 17,056 $ — $ 87,750 Commercial and industrial 7,913 630 1,270 — 9,813 Construction and development 5,975 3,022 5,416 — 14,413 Consumer: Residential real estate 11,158 7,134 6,776 — 25,068 Construction and development 314 328 574 — 1,216 Home equity 264 2,016 1,059 182 3,521 Other consumer 8 200 53 — 261 Total $ 66,437 $ 43,219 $ 32,204 $ 182 $ 142,042 Pass Special Mention Substandard Doubtful Total December 31, 2014 Non-PCI Loans Commercial: Real estate $ 1,187,938 $ 32,142 $ 12,915 $ — $ 1,232,995 Commercial and industrial 433,093 15,148 6,510 79 454,830 Construction and development 334,213 2,128 2,109 — 338,450 Consumer: Residential real estate 316,743 4,527 8,351 — 329,621 Construction and development 27,447 735 254 — 28,436 Home equity 264,953 4,238 3,143 — 272,334 Other consumer 35,736 237 269 2 36,244 Total $ 2,600,123 $ 59,155 $ 33,551 $ 81 $ 2,692,910 PCI Loans Commercial: Real estate $ 57,095 $ 45,711 $ 19,735 $ — $ 122,541 Commercial and industrial 7,408 2,936 3,674 — 14,018 Construction and development 6,857 16,374 9,126 — 32,357 Consumer: Residential real estate 12,703 8,206 9,719 — 30,628 Construction and development 189 723 713 — 1,625 Home equity 143 2,827 1,358 — 4,328 Other consumer 2 488 140 — 630 Total $ 84,397 $ 77,265 $ 44,465 $ — $ 206,127
Schedule of past due status of loan portfolio based on contractual terms	The following tables summarize the past due status of non-PCI loans based on contractual terms. 30-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total December 31, 2015 Non-PCI Loans Commercial: Real estate $ 3,205 $ 4,503 $ 7,708 $ 1,355,718 $ 1,363,426 Commercial and industrial 6,004 2,599 8,603 534,705 543,308 Construction and development 68 414 482 330,409 330,891 Consumer: Residential real estate 7,625 2,876 10,501 308,079 318,580 Construction and development 1,495 946 2,441 42,606 45,047 Home equity 3,857 1,877 5,734 268,645 274,379 Other consumer 1,015 208 1,223 58,760 59,983 Total $ 23,269 $ 13,423 $ 36,692 $ 2,898,922 $ 2,935,614 30-89 Days Past Due 90 Days or Greater Past Due Total Past Due Current Total December 31, 2014 Non-PCI Loans Commercial: Real estate $ 7,971 $ 2,383 $ 10,354 $ 1,222,641 $ 1,232,995 Commercial and industrial 5,612 1,707 7,319 447,511 454,830 Construction and development 1,162 369 1,531 336,919 338,450 Consumer: Residential real estate 4,872 2,210 7,082 322,539 329,621 Construction and development 569 12 581 27,855 28,436 Home equity 3,985 395 4,380 267,954 272,334 Other Consumer 797 70 867 35,377 36,244 Total $ 24,968 $ 7,146 $ 32,114 $ 2,660,796 $ 2,692,910
Schedule of recorded investment of loans on nonaccrual status and loans greater than 90 days past due	The following table summarizes the recorded investment of non-PCI loans on nonaccrual status and loans greater than 90 days past due and accruing by class. December 31, 2015 December 31, 2014 Nonaccrual Loans greater than 90 days past due and accruing Nonaccrual Loans greater than 90 days past due and accruing Non-PCI Loans Commercial: Commercial real estate $ 6,130 $ — $ 5,685 $ — Commercial and industrial 4,126 552 4,594 2 Construction and development 468 — 1,692 — Consumer: Residential real estate 5,353 — 3,755 — Construction and development 1,324 — 254 — Home equity 3,245 — 1,721 — Other consumer 548 — 248 — Total $ 21,194 $ 552 $ 17,949 $ 2
Schedule of impairment loans	The following table provides information on impaired loans, which excludes PCI loans and loans evaluated collectively as a homogeneous group. Recorded Investment With a Recorded Allowance Recorded Investment With no Recorded Allowance Total Related Allowance Unpaid Principal Balance December 31, 2015 Non-PCI Loans Commercial: Commercial real estate $ 1,262 $ 7,187 $ 8,449 $ 314 $ 8,515 Commercial and industrial 531 2,092 2,623 106 2,695 Construction and development — 177 177 — 180 Consumer: Residential real estate 1,465 2,085 3,550 — 3,568 Construction and development — 417 417 — 417 Home equity 20 317 337 67 359 Other consumer — — — — — Total $ 3,278 $ 12,275 $ 15,553 $ 487 $ 15,734 December 31, 2014 Non-PCI Loans Commercial: Commercial real estate $ 885 $ 4,513 $ 5,398 $ 158 $ 5,330 Commercial and industrial 525 1,818 2,343 229 2,718 Construction and development — 910 910 — 1,971 Consumer: Residential real estate — 928 928 — 3,863 Home equity 62 344 406 3 1,920 Total $ 1,472 $ 8,513 $ 9,985 $ 390 $ 15,802
Schedule of impaired financing receivables	The following table provides the average balance of impaired loans for each period presented and interest income recognized during the period in which the loans were considered impaired. 2015 2014 2013 Average Balance Interest Income Average Balance Interest Income Average Balance Interest Income Non-PCI Loans Commercial: Commercial real estate $ 7,153 $ 28 $ 7,399 $ 75 $ 2,964 $ 22 Commercial and industrial 2,287 5 2,599 1 144 — Construction and development 545 — 2,509 — 1,282 — Consumer: Residential real estate 2,249 83 2,616 27 1,029 — Construction and development 209 — 214 — 48 Home equity 383 — 998 — 1,183 — Other consumer — — 99 — 100 — Total $ 12,826 $ 116 $ 16,434 $ 103 $ 6,750 $ 22
Schedule of TDRs on financing receivables	The following table provides the number and recorded investment of TDRs outstanding. December 31, 2015 December 31, 2014 Recorded Investment Number Recorded Investment Number TDRs: Commercial real estate $ 4,684 7 $ 4,215 7 Commercial and industrial 795 11 172 4 Commercial construction 177 2 131 2 Residential real estate 1,594 4 1,770 6 Home equity 20 1 83 2 Total $ 7,270 25 $ 6,371 21 The following tables provide the number and recorded investment of TDRs modified and defaulted during the years ended December 31, 2015 and 2014 . TDRs Modified 2015 2014 Recorded Investment Number Recorded Investment Number TDRs: Below market interest rate modifications: Commercial real estate $ 1,626 4 $ 3,460 $ 4 Commercial and industrial 283 6 105 2 Commercial construction 56 1 — — Residential real estate — — 1,658 4 Home equity 20 1 — — Total $ 1,985 12 $ 5,223 $ 10 TDRs Defaulted 2015 2014 Recorded Investment Number Recorded Investment Number TDRs: Below market interest rate modifications: Commercial real estate $ 1,441 2 $ 890 $ 3 Commercial and industrial — — 212 2 Residential real estate 114 1 — — Total $ 1,555 3 $ 1,102 $ 5

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	A summary of premises and equipment is presented in the table below. December 31, 2015 December 31, 2014 Land $ 21,444 $ 23,171 Buildings and leasehold improvements 41,199 43,433 Furniture, software, and equipment 25,628 22,688 Less: accumulated depreciation (14,532 ) (8,913 ) Total $ 73,739 $ 80,379

LOAN SERVICING (Tables)

LOAN SERVICING (Tables)	12 Months Ended
	Dec. 31, 2015
Transfers and Servicing [Abstract]
Schedule of servicing asset	The table below summarizes the activity in the SBA-guaranteed loan servicing asset for the periods presented. Year ended December 31, 2015 2014 Balance at beginning of period $ 3,081 $ 1,759 Additions 2,148 1,628 Amortization (744 ) (306 ) Balance at end of period $ 4,485 $ 3,081 The characteristics and sensitivity of the fair value of MSRs to changes in key assumptions is included in the accompanying table. December 31, 2015 December 31, 2014 Composition of mortgage loans serviced for others: Fixed rate loans 99.90 % 99.86 % Adjustable rate loans 0.10 % 0.14 % Total 100.00 % 100.00 % Weighted average life (years) 6.60 5.77 Prepayment speed 9.98 % 12.62 % Discount rate 9.66 % 9.60 % Effect on fair value due to change in interest rates: + 0.25% $ 421 $ 566 + 0.50% 660 801 - 0.25% (599 ) (668 ) - 0.50% (1,104 ) (844 ) The table below summarizes MSR activity for the periods presented. The Company did not retain mortgage servicing on loans sold prior to the 2014 Mergers. Year ended December 31, 2015 2014 Balance at beginning of period $ 4,284 $ — Fair value of acquired MSRs — 4,025 Additions 1,881 688 Payoffs (402 ) (126 ) Amortization (726 ) (303 ) Balance at end of period before valuation allowance 5,037 4,284 Valuation allowance (10 ) (157 ) Balance at end of period after valuation allowance $ 5,027 $ 4,127

GOODWILL AND OTHER INTANGIBLE35

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	The table below summarizes the changes in carrying amounts of goodwill and other intangibles (core deposit intangibles) for the periods presented. Core Deposit Intangible Goodwill Gross Accumulated Amortization Net Balance at December 31, 2012 $ 26,254 $ 3,128 $ (752 ) $ 2,376 Core deposit intangible resulting from the ECB merger — 4,307 — 4,307 Amortization expense — — (800 ) (800 ) Balance at December 31, 2013 26,254 7,435 (1,552 ) 5,883 Goodwill and core deposit intangible resulting from the 2014 Mergers 125,898 12,951 — 12,951 Amortization expense — — (2,157 ) (2,157 ) Balance at December 31, 2014 152,152 20,386 (3,709 ) 16,677 Amortization expense — — (3,098 ) (3,098 ) Balance at December 31, 2015 $ 152,152 $ 20,386 $ (6,807 ) $ 13,579
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The table below presents estimated amortization expense for the Company's other intangible assets. 2016 $ 2,776 2017 2,485 2018 2,202 2019 1,915 2020 1,625 Thereafter 2,576 $ 13,579

BORROWINGS (Tables)

BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Schedule of Short-term and Long-term Borrowings	A summary of short-term borrowings and long-term debt is presented below. December 31, 2015 December 31, 2014 Short-term borrowings: FHLB advances maturing within one year $ 375,500 $ 250,500 Long-term debt: FHLB advances maturing beyond one year $ 118,942 $ 104,651 Subordinated term loan due 2018 7,166 7,060 Subordinated notes due 2023 38,050 38,050 Junior subordinated debt to unconsolidated trusts: Maturing October 7, 2033 5,701 5,629 Maturing December 15, 2033 6,853 6,687 Maturing December 15, 2037 12,503 12,115 Capital lease obligations and other debt 5,752 5,972 Total long-term debt $ 194,967 $ 180,164
Schedule of Federal Home Loan Bank, Advances	FHLB advances for the next five years and thereafter are as follows: Maturity Date Range of Contractual Rates Rate Type December 31, 2015 December 31, 2014 2015 0.20 - 2.99% Fixed rate credit — 250,500 2016 0.28 - 2.21% Fixed rate credit 375,500 90,500 2017 0.78 - 1.14% Fixed rate credit 113,000 8,000 2018 0.25% Fixed rate credit 648 667 2019 1.83% Principal reducing credit 5,000 5,000 2020 —% — — Thereafter 2.00% Principal reducing credit 188 207 Totals $ 494,336 $ 354,874

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Scheduled Maturities of Certificates of Deposit	The scheduled maturities of time deposits as of December 31, 2015 are presented below. Less Than $250 $250 and Greater Total 2016 $ 314,726 $ 205,646 $ 520,372 2017 85,947 89,118 175,065 2018 44,841 45,608 90,449 2019 91,661 52,103 143,764 2020 64,789 19,163 83,952 Thereafter 4,050 256 4,306 Total $ 606,014 $ 411,894 $ 1,017,908

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Future Minimum Lease Payments Under Non-Cancelable Operating Leases	Future minimum lease payments under these leases for the years ending December 31 are presented below. 2016 $ 3,720 2017 3,183 2018 2,986 2019 2,142 2020 982 Thereafter 4,507 Total $ 17,520
Schedule of Future Minimum Lease Payments for Capital Leases	Future minimum lease payments under the capital leases are presented below. 2016 $ 574 2017 583 2018 591 2019 600 2020 608 Thereafter 5,785 Total projected lease payments for capital leases 8,741 Imputed interest (2,989 ) Present value of minimum lease payments $ 5,752

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The table below summarizes significant components of income tax expense for the periods presented. Year ended December 31, 2015 2014 2013 Current tax expense: Federal $ 5,415 $ 305 $ — State — — — Total current tax expense 5,415 305 — Deferred tax expense: Federal 16,653 7,924 432 State 4,053 1,981 2,042 Total deferred tax expense 20,706 9,905 2,474 Income tax expense before change in deferred tax asset valuation allowance 26,121 10,210 2,474 Change in deferred tax asset valuation allowance (126 ) (4,797 ) (460 ) Income tax expense $ 25,995 $ 5,413 $ 2,014
Schedule of Effective Income Tax Rate Reconciliation	Income tax expense (benefit) is reconciled to the amount computed by applying the statutory federal income tax rate of 35 percent to net income before income taxes as follows. Year ended December 31, 2015 2014 2013 Tax computed at statutory rate of 35% $ 24,718 $ 9,491 $ 2,815 Effect of state income taxes, net of federal benefit 2,635 1,287 1,348 Change in state income tax rates (361 ) (1,899 ) 1,544 Gain on acquisition — — (2,643 ) Non-taxable interest income (828 ) (437 ) (79 ) Non-taxable bank-owned life insurance (655 ) (549 ) (348 ) Non-deductible merger costs 94 1,006 309 Write-off of acquired net operating losses subject to Section 382 limitation — 652 — Change in deferred tax asset valuation allowance (126 ) (4,797 ) (460 ) Other 518 659 (472 ) Income tax expense $ 25,995 $ 5,413 $ 2,014
Schedule of Deferred Tax Assets and Liabilities	Significant components of deferred taxes are summarized below. December 31, December 31, Deferred tax assets: Net operating loss carryforward $ 32,638 $ 40,073 Recognized built-in loss carryforward 5,899 7,580 Acquisition accounting fair value adjustments 4,998 12,885 Allowance for loan losses 3,673 2,990 Federal tax credits carryforward 4,112 3,140 Unrealized losses on securities 2,055 667 Unrealized losses on cash flow hedges 2,596 728 Stock-based compensation 1,997 2,094 Capitalized leases 1,110 1,167 Deferred compensation 1,831 3,024 Other — 2,942 Total deferred tax assets 60,909 77,290 Valuation allowance (1,059 ) (1,185 ) Net deferred tax assets 59,850 76,105 Deferred tax liabilities: Premises and equipment 3,262 2,568 Prepaid expenses 680 478 Other 301 — Total deferred tax liabilities 4,243 3,046 Net deferred tax asset $ 55,607 $ 73,059

REGULATORY MATTERS (Table)

REGULATORY MATTERS (Table)	12 Months Ended
	Dec. 31, 2015
Regulatory Assets and Liabilities Disclosure [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	The holding company and bank capital amounts and ratios are presented in the table below. Actual Minimum for capital adequacy purposes Minimum to be well capitalized under prompt corrective action provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2015 Yadkin Financial Corporation: Total Capital (to Risk-Weighted Assets) $ 447,320 11.96 % $ 299,164 8.00 % N/A N/A Tier 1 Capital (to Risk-Weighted Assets) 396,032 10.59 % $ 224,373 6.00 % N/A N/A Tier 1 Capital (to Average Assets) 396,032 9.42 % $ 168,078 4.00 % N/A N/A Common Equity Tier 1 Capital 394,524 10.55 % $ 168,280 4.50 % N/A N/A Yadkin Bank: Total Capital (to Risk-Weighted Assets) $ 447,945 11.99 % $ 298,776 8.00 % $ 373,470 10.00 % Tier 1 Capital (to Risk-Weighted Assets) 434,707 11.64 % 224,082 6.00 % 298,776 8.00 % Tier 1 Capital (to Average Assets) 434,707 10.34 % 168,183 4.00 % 210,229 5.00 % Common Equity Tier 1 Capital 434,707 11.64 % 168,061 4.50 % 242,755 6.50 % December 31, 2014 Yadkin Financial Corporation: Total Capital (to Risk-Weighted Assets) $ 425,720 12.34 % $ 276,064 8.00 % N/A N/A Tier 1 Capital (to Risk-Weighted Assets) 375,095 10.87 % 138,032 4.00 % N/A N/A Tier 1 Capital (to Average Assets) 375,095 9.33 % 160,773 4.00 % N/A N/A Yadkin Bank: Total Capital (to Risk-Weighted Assets) $ 419,875 12.18 % $ 275,674 8.00 % $ 344,592 10.00 % Tier 1 Capital (to Risk-Weighted Assets) 407,300 11.82 % 137,837 4.00 % 206,755 6.00 % Tier 1 Capital (to Average Assets) 407,300 10.13 % 160,812 4.00 % 201,015 5.00 %

DERIVATIVE FINANCIAL INSTRUME41

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of key terms of each swap	The following table summarizes key terms of each interest rate cap. Interest Rate Cap Notional Amount Effective Start Date Maturity Date Strike Rate Underlying Index of Cap Variable Rate on Underlying Debt Cap 1 $ 7,500 July 1, 2012 July 1, 2017 0.47 % 3-Month LIBOR 3-Month LIBOR + 4.00% Cap 2 8,000 July 7, 2012 July 7, 2017 0.47 3-Month LIBOR 3-Month LIBOR + 3.10% Cap 3 25,000 September 15, 2014 September 15, 2019 1.82 3-Month LIBOR 3-Month LIBOR + 1.32% Cap 4 10,000 September 30, 2014 September 30, 2019 1.85 3-Month LIBOR 3-Month LIBOR + 2.80% $ 50,500 The following table summarizes information regarding the terminated interest rate swaps. Terminated Interest Rate Swap Notional Amount Original Effective Start Date Original Maturity Date Date Terminated Unamortized Pre-Tax Loss in AOCI as of December 31, 2015 Terminated Swap 1 $ 25,000 April 6, 2015 April 5, 2020 March 27, 2015 $ 72 Terminated Swap 2 25,000 May 5, 2015 May 5, 2020 March 27, 2015 72 Terminated Swap 3 25,000 June 5, 2015 June 5, 2020 March 27, 2015 74 Terminated Swap 4 25,000 August 5, 2015 August 5, 2020 March 27, 2015 811 Terminated Swap 5 25,000 October 1, 2014 August 31, 2017 October 7, 2015 183 Terminated Swap 6 25,000 October 16, 2014 August 16, 2018 October 7, 2015 381 The table below provides a summary of forward starting pay fixed interest rate swaps that are being used to hedge short-term FHLB advances. These interest rate swaps are expected to be highly effective and are accounted for as cash flow hedges with the change in fair value recognized in OCI. The purpose of these cash flow hedges is to reduce the Company's exposure to variability in interest payments attributable to changes in the three-month LIBOR component of three-month FHLB advances. Each three-month FHLB advance will be executed to correspond to the effective dates of the respective interest rate swaps and will continue to be rolled for the full term of each interest rate swap. Interest Rate Swap Notional Amount Effective Start Date Maturity Date Pay Fixed Rate Receive Floating Rate FHLB Advance Swap 1 $ 25,000 February 5, 2016 February 5, 2021 2.70 % 3-Month LIBOR FHLB Advance Swap 2 50,000 August 5, 2016 August 5, 2021 2.88 % 3-Month LIBOR FHLB Advance Swap 3 25,000 October 5, 2017 October 5, 2027 2.54 % 3-Month LIBOR FHLB Advance Swap 4 25,000 March 5, 2018 March 5, 2028 2.58 % 3-Month LIBOR $ 125,000 The table below provides information on a receive fixed interest rate swap that is being used to hedge certain floating rate loans. This interest rate swap is expected to be highly effective and is accounted for as a cash flow hedge with the change in fair value recognized in OCI. The purpose of this cash flow hedge is to reduce the Company's exposure to variability in interest receipts attributable to changes in one-month LIBOR, which is the index underlying the hedged floating rate loans. Interest Rate Swap Notional Amount Effective Start Date Maturity Date Receive Fixed Rate Pay Floating Rate Loan Swap $ 40,000 October 1, 2015 October 1, 2020 1.23 % 1-Month LIBOR
Schedule of balance sheet location and fair value amounts of derivative instruments	The following table summarizes the balance sheet location and fair value amounts of derivative instruments grouped by the underlying hedged instrument. December 31, 2015 December 31, 2014 Balance Sheet Location Notional Amount Fair Value Notional Amount Fair Value Loans: Receive fixed interest rate swap Other liabilities $ 40,000 $ 493 $ — $ — FHLB advances: Pay fixed interest rate swaps Other assets — — 75,000 795 Pay fixed interest rate swaps Other liabilities 125,000 3,822 100,000 2,249 Brokered money market deposits: Pay fixed interest rate swaps Other liabilities — — 50,000 200 Subordinated term loan: Interest rate cap Other liabilities 7,500 61 7,500 128 TRUPs: Interest rate caps Other assets 43,000 482 43,000 1,104 Mortgage loan commitments: Interest rate lock commitments Other assets 30,313 408 23,274 342 Forward sale commitments Other assets 52,862 106 — — Forward sale commitments Other liabilities — — 34,727 49

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of contractual amount of off-balance sheet commitments	The following table is a summary of the contractual amount of the Company’s exposure to off-balance sheet commitments. December 31, December 31, 2014 Lending commitments: Commitments to extend credit $ 799,058 $ 658,925 Financial standby letters of credit 16,342 12,421 Other commitments: Standby letters of credit issued by the FHLB on the Bank's behalf $ 10,000 $ 10,000 Capital commitments to private investment funds 4,751 2,280

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Components of change in fair value of level 3 available for sale securities	The following table provides the components of the change in fair value of Level 3 available for sale securities for the periods presented. Year ended December 31, 2015 2014 2013 Level 3 AFS securities at beginning of period $ 11,290 $ 7,583 $ — Purchases 5,390 4,600 7,505 Sales, calls or maturities (4,120 ) (1,000 ) — Transfers out of Level 3 (6,000 ) — — Changes in unrealized gains and losses 168 107 78 Level 3 AFS securities at end of period $ 6,728 $ 11,290 $ 7,583
Schedule of changes in fair value of interest rate lock commitments	The following table provides the components of the change in fair value of interest rate lock commitments for the periods presented. Year ended December 31, 2015 2014 2013 Interest rate lock commitments at beginning of period $ 342 $ 354 $ 795 Fair value of acquired Yadkin interest rate lock commitments — 231 — Issuances 1,620 2,366 2,909 Settlements (1,554 ) (2,609 ) (3,350 ) Interest rate lock commitments at end of period $ 408 $ 342 $ 354
Fair value and measurement level of assets and liabilities	The following tables summarize fair value information for assets and liabilities measured on a recurring and nonrecurring basis. Description Total Level 1 Level 2 Level 3 December 31, 2015 Measured at fair value on a recurring basis: Securities available for sale: GSE obligations $ 5,982 $ — $ 5,982 $ — SBA-guaranteed securities 12,176 12,176 — — Mortgage-backed securities issued by GSE 435,625 — 435,625 — Collateralized loan obligations 50,483 — 50,483 — Corporate bonds 123,532 2,485 115,427 5,620 Non-agency RMBS 3,663 — 3,663 — Municipal bonds 55,800 — 54,692 1,108 Other debt securities 245 245 — — Equity securities 1,626 1,626 — — SBA-guaranteed loans held for sale 23,664 — 23,664 — SBA loans held for investment 20,423 — 20,423 — Derivative assets 996 — 588 408 Derivative liabilities 4,376 — 4,376 — Measured at fair value on a nonrecurring basis: Impaired loans $ 15,066 $ — $ — $ 15,066 Foreclosed assets 15,346 — — 15,346 Description Total Level 1 Level 2 Level 3 December 31, 2014 Measured at fair value on a recurring basis: Securities available for sale: GSE obligations $ 14,944 $ — $ 14,944 $ — SBA-guaranteed securities 60,120 60,120 — — Mortgage-backed securities issued by GSE 425,283 — 425,283 — Corporate bonds 119,912 2,545 106,077 11,290 Non-agency RMBS 4,963 — 4,963 — Non-agency CMBS 3,578 — 3,578 — Municipal bonds 40,258 — 40,258 — Other debt securities 498 498 — — Equity securities 2,865 2,865 — — SBA-guaranteed loans held for sale 8,365 — 8,365 — SBA loans held for investment 8,906 — 8,906 — Derivative assets 2,368 — 2,026 342 Derivative liabilities 2,497 — 2,497 — Measured at fair value on a non-recurring basis: Impaired loans 9,595 — — 9,595 Foreclosed assets 12,891 — — 12,891
Quantitative Information about level 3 fair value measurements	The table below outlines the valuation techniques, unobservable inputs, and the range of quantitative inputs used in the valuations. Valuation Technique Unobservable Input Range Fair Value as of Fair Value as of Recurring measurements: Investment securities Pricing model Illiquidity or credit factor in discount rates 1-2% $ 6,728 $ 11,290 Interest rate lock commitments Pricing model Pull through rates 80-95% $ 408 $ 342 Nonrecurring measurements: Impaired loans Discounted appraisals Collateral discounts 15-50% $ 15,066 $ 9,595 Discounted expected cash flows Expected loss rates 0-75% Discount rates 2-8% Foreclosed assets Discounted appraisals Collateral discounts 15-50% $ 15,346 $ 12,891
Schedule of carrying amounts and estimated fair values of financial instruments	The following tables summarize the carrying amounts and estimated fair values of the Company's financial instruments. December 31, 2015 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 111,918 $ 111,918 $ 111,918 $ — $ — Investment securities available for sale 689,132 689,132 16,532 665,872 6,728 Investment securities held to maturity 39,182 40,500 — 40,500 — Loans held for sale 47,287 47,287 — 47,287 — Loans, net 3,066,775 3,092,461 — 23,664 3,068,797 Federal Home Loan Bank stock 24,844 24,844 — 24,844 — Derivative assets 996 996 — 588 408 Purchased accounts receivable 52,688 52,688 — 52,688 — Accrued interest receivable 12,695 12,695 — 12,695 — Financial liabilities: Deposits 3,310,297 3,310,306 — 3,310,306 — Short-term borrowings 375,500 375,500 — — 375,500 Long-term debt 194,967 198,928 — — 198,928 Derivative liabilities 4,376 4,376 — 4,376 — Accrued interest payable 2,550 2,550 — 2,550 — December 31, 2014 Carrying Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 132,365 $ 132,365 $ 132,365 $ — $ — Investment securities available for sale 672,421 672,421 66,028 595,103 11,290 Investment securities held to maturity 39,620 40,404 — 40,404 — Loans held for sale 20,205 20,205 — 20,205 — Loans, net 2,890,449 2,919,573 — 1,241 2,918,332 Federal Home Loan Bank stock 19,499 19,499 — 19,499 — Derivative assets 2,368 2,368 — 2,027 342 Purchased accounts receivable 44,821 44,821 — 44,821 — Accrued interest receivable 12,071 12,071 — 12,071 — Financial liabilities: Deposits 3,247,364 3,245,431 — 3,245,431 — Short-term borrowings 250,500 250,500 — — 250,500 Long-term debt 180,164 183,326 — — 183,326 Derivative liabilities 2,497 2,497 — 2,497 — Accrued interest payable 2,688 2,688 — 2,688 —

EMPLOYEE AND DIRECTOR BENEFIT44

EMPLOYEE AND DIRECTOR BENEFIT PLANS (Table)	12 Months Ended
	Dec. 31, 2015
Share-based Compensation [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity	A summary of stock option activity for the year ended December 31, 2015 is presented below. Outstanding Options Exercisable Options Number Weighted Average Option Price Number Weighted Average Option Price Options outstanding at January 1, 2015 78,467 $ 31.06 78,467 $ 31.06 Exercised 22,737 15.23 22,737 15.23 Expired 14,786 31.91 14,786 31.91 Forfeited 7,136 37.55 7,136 37.55 Options outstanding at December 31, 2015 33,808 $ 39.98 33,808 $ 39.98
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range	The table below provides the range of exercise prices for options outstanding and exercisable as of December 31, 2015 . Range of Exercise Prices Stock Options Outstanding Stock Options Exercisable $10.01 - $20.00 1,405 1,405 $20.01 - $30.00 2,419 2,419 $30.01 - $40.00 8,409 8,409 $40.01 - $50.00 21,575 21,575 33,808 33,808
Schedule of Share-based Compensation, Restricted Stock Units Award Activity	A summary of non-vested restricted stock award activity is included below for the periods presented. Shares Weighted Average Grant Date Fair Value Non-vested at January 1, 2015 936 $ 10.68 Granted 105,000 20.09 Vested 936 10.68 Non-vested at December 31, 2015 105,000 $ 20.09

ACCUMULATED OTHER COMPREHENSI45

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Schedule of accumulated other comprehensive income (loss)	The table below summarizes the activity in AOCI for the periods presented. All amounts are net of tax. Unrealized Net Gains (Losses) on AFS Securities Unrealized Net Gains (Losses) on Cash Flow Hedges Total Balance at January 1, 2013 $ 2,085 $ (267 ) $ 1,818 Other comprehensive income (loss) before reclassifications (7,892 ) 2,648 (5,244 ) Amounts reclassified for securities gains (747 ) — (747 ) Net change in AOCI (8,639 ) 2,648 (5,991 ) Balance before non-controlling interests at December 31, 2013 (6,554 ) 2,381 (4,173 ) Non-controlling interests (2,197 ) 749 (1,448 ) Balance after non-controlling interests at December 31, 2013 $ (4,357 ) $ 1,632 $ (2,725 ) Balance at January 1, 2014 $ (6,554 ) $ 2,381 $ (4,173 ) Other comprehensive income (loss) before reclassifications 5,445 (3,440 ) 2,005 Amounts reclassified for securities gains (76 ) — (76 ) Net change in AOCI 5,369 (3,440 ) 1,929 Balance at December 31, 2014 $ (1,185 ) $ (1,059 ) $ (2,244 ) Balance at January 1, 2015 $ (1,185 ) $ (1,059 ) $ (2,244 ) Other comprehensive income (loss) before reclassifications (2,136 ) (3,236 ) (5,372 ) Amounts reclassified for securities gains — 99 99 Net change in AOCI (2,136 ) (3,137 ) (5,273 ) Balance at December 31, 2015 $ (3,321 ) $ (4,196 ) $ (7,517 )
Schedule of amounts reclassified from accumulated other comprehensive income	Amounts reclassified from AOCI are included in the consolidated statements of operations as follows. AOCI Component Amount Reclassified Line Item Within Statement of Operations 2015 2014 2013 AFS securities: Gross reclassification $ — $ (126 ) $ (1,215 ) Gain on sales of available for sale securities Income tax expense — 50 468 Income tax expense (benefit) Reclassification, net of tax $ — $ (76 ) $ (747 ) Cash flow hedges: Gross reclassification $ 161 $ — $ — Gain on sales of cash flow hedges Income tax expense (62 ) — — Income tax expense (benefit) Reclassification, net of tax $ 99 $ — $ —

PARENT COMPANY FINANCIAL DATA (

PARENT COMPANY FINANCIAL DATA (Table)	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Parent Company Condensed Balance Sheet	December 31, December 31, Assets: Cash and due from banks $ 5,066 $ 2,825 Investment securities available for sale 379 1,069 Investment in subsidiaries 619,144 615,570 Deferred tax asset, net — 650 Other assets 2,660 2,286 Total assets $ 627,249 $ 622,400 Liabilities and Shareholders' Equity: Long-term debt $ 63,106 $ 62,481 Accrued interest payable and other liabilities 1,594 2,117 Total liabilities 64,700 64,598 Total shareholders' equity before non-controlling interests 562,549 557,802 Total liabilities and shareholders' equity $ 627,249 $ 622,400
Parent Company Condensed Statement of Operations	Year ended December 31, 2015 2014 2013 Income: Dividends from subsidiaries $ 40,108 $ 8,058 $ — Other income 105 54 — Total income 40,213 8,112 — Expense: Interest expense 3,754 2,331 — Other expenses 1,465 837 1,247 Total expenses 5,219 3,168 1,247 Income (loss) before income taxes and equity in undistributed earnings of subsidiaries 34,994 4,944 (1,247 ) Income tax benefit 1,744 5,647 — Income (loss) before equity in undistributed earnings of subsidiaries 36,738 10,591 (1,247 ) Equity in undistributed earnings of subsidiaries 7,889 11,114 7,120 Net income 44,627 21,705 5,873 Dividends on preferred stock 822 1,269 — Net income attributable to non-controlling interests — 2,466 3,470 Net income available to common shareholders $ 43,805 $ 17,970 $ 2,403
Parent Company Condensed Statement of Cash Flows	Year ended December 31, 2015 2014 2013 Cash flows from operating activities: Net income $ 44,627 $ 21,705 $ 5,873 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Deferred income taxes (1,744 ) (5,647 ) — Equity in undistributed earnings of subsidiaries (7,889 ) (11,114 ) (7,120 ) Net change in other assets 1,543 258 346 Net change in interest payable and other liabilities (524 ) (281 ) (801 ) Other, net 791 419 280 Net cash provided by (used in) operating activities 36,804 5,340 (1,422 ) Cash flows from investing activities: Proceeds from sales of investment securities available for sale 640 13 — Purchases of cash flow hedges — (1,278 ) — Investment in subsidiaries — (323 ) — Proceeds from repayment of investment in subsidiaries — 6,014 2,000 Net cash from business combinations — 4,388 — Net cash provided by investing activities 640 8,814 2,000 Cash flows from financing activities: Proceeds from exercise of stock options 346 5 — Repurchase of common stock — (886 ) — Repurchase of preferred stock (28,405 ) — — Distribution to legacy shareholders of Piedmont Community Bank Holdings, Inc. — (9,810 ) — Dividends paid on preferred and common stock (7,144 ) (1,269 ) — Net cash used in financing activities (35,203 ) (11,960 ) — Net change in cash and cash equivalents 2,241 2,194 578 Cash and cash equivalents, beginning of period 2,825 631 53 Cash and cash equivalents, end of period $ 5,066 $ 2,825 $ 631

ORGANIZATION AND OPERATIONS (De

ORGANIZATION AND OPERATIONS (Details)	12 Months Ended
	Dec. 31, 2015branch_office	Jul. 04, 2014$ / sharesshares
Business Acquisition [Line Items]
Number of branches provided with financial services | branch_office	68
Vantagesouth Bancshares, Inc. | Yadkin Financial Corporation
Business Acquisition [Line Items]
Stock exchange ratio		0.3125
Piedmont Community Bank Holdings Inc | Yadkin Financial Corporation
Business Acquisition [Line Items]
Stock exchange ratio		6.28597
Cash received per share | $ / shares		$ 6.6878

SUMMARY OF SIGNIFICANT ACCOUN48

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- Loans (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Period after which loans are placed on nonaccrual basis	90 days
Period after which loan is returned to accrual status	6 months
Loans and leases receivable, allowance, quantitative threshold for impairment evaluation	$ 250,000
Minimum | Mortgage Loans Held for Sale
Accounts, Notes, Loans and Financing Receivable [Line Items]
Period of time between issuance of loan commitment and closing and sale of loan	10 days
Minimum | Commercial and industrial | Working Capital and Equipment Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, maturity period	1 year
Minimum | Commercial and industrial | Owner Occupied Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, maturity period	5 years
Loan receivable amortization period	15 years
Minimum | Commercial Mortgage Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, maturity period	3 years
Minimum | Commercial Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, maturity period	1 year
Minimum | Non-Real Estate Secured Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, maturity period	5 years
Maximum | Mortgage Loans Held for Sale
Accounts, Notes, Loans and Financing Receivable [Line Items]
Period of time between issuance of loan commitment and closing and sale of loan	60 days
Maximum | SBA Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, maturity period	25 years
Maximum | Commercial and industrial | Working Capital and Equipment Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, maturity period	7 years
Maximum | Commercial and industrial | Owner Occupied Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, maturity period	7 years
Loan receivable amortization period	25 years
Maximum | Commercial Mortgage Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, maturity period	7 years
Loan receivable amortization period	25 years
Maximum | Commercial Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, maturity period	5 years
Loan receivable amortization period	25 years
Maximum | Commercial Construction | Residential Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan receivable amortization period	1 year 6 months
Maximum | Non-Real Estate Secured Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, maturity period	7 years

SUMMARY OF SIGNIFICANT ACCOUN49

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- Premises and Equipment (Details)	12 Months Ended
	Dec. 31, 2015
Building | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	37 years
Building | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	40 years
Furniture, Software, and Equipment | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Furniture, Software, and Equipment | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	10 years

SUMMARY OF SIGNIFICANT ACCOUN50

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- Goodwill (Details) - Core Deposits	12 Months Ended
	Dec. 31, 2015
Minimum
Goodwill [Line Items]
Finite-lived intangible asset, useful life	7 years
Maximum
Goodwill [Line Items]
Finite-lived intangible asset, useful life	10 years

SUMMARY OF SIGNIFICANT ACCOUN51

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- Per Share Results (Details) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Weighted Average Number of Shares Outstanding Reconciliation (in shares) [Abstract]
Weighted average number of common shares	31,610,733	20,500,519	9,219,406
Effect of dilutive stock options and warrants	85,075	4,623	0
Weighted average number of common shares and dilutive potential common shares	31,695,808	20,505,142	9,219,406
Common Stock, Shares, Outstanding	31,727,767	31,599,150
Common Stock, Voting
Weighted Average Number of Shares Outstanding Reconciliation (in shares) [Abstract]
Common Stock, Shares, Outstanding	31,071,770
Common Stock, Non-Voting
Weighted Average Number of Shares Outstanding Reconciliation (in shares) [Abstract]
Common Stock, Shares, Outstanding	654,997
Stock Options
Weighted Average Number of Shares Outstanding Reconciliation (in shares) [Abstract]
Anti-dilutive securities	31,403	49,474	0
Common Stock Warrants
Weighted Average Number of Shares Outstanding Reconciliation (in shares) [Abstract]
Anti-dilutive securities	0	91,178	0

SUMMARY OF SIGNIFICANT ACCOUN52

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- Segment Reporting (Details)	12 Months Ended
	Dec. 31, 2015operating_segment
Accounting Policies [Abstract]
Number of operating segments	1

SUMMARY OF SIGNIFICANT ACCOUN53

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	Dec. 31, 2015USD ($)
Allowance for Purchased Accounts Receivables	$ 0
Adjustments for New Accounting Principle, Early Adoption | Other assets
Deferred Finance Costs, Net	588,000
Adjustments for New Accounting Principle, Early Adoption | Long-term Debt
Deferred Finance Costs, Net	$ 588,000

MERGERS AND ACQUISITIONS (Detai

MERGERS AND ACQUISITIONS (Details Textual) - Yadkin Financial Corporation - $ / shares	Jul. 04, 2014	Mar. 01, 2016
Shares issued in trust	856,447
Shares issued	17,300,000
Percentage of control	55.00%
Vantagesouth Bancshares, Inc.
Stock exchange ratio	0.3125
Piedmont Community Bank Holdings Inc
Stock exchange ratio	6.28597
Cash received per share	$ 6.6878
Initial Fair Value Adjustments
Preferred stock, dividend rate (as a percentage)	9.00%
Series T and T-ACB Preferred Stock
Preferred stock	28,405
Subsequent Event | Common Class A and Common Class B | NewBridge Bancorp
Stock exchange ratio		0.50

MERGERS AND ACQUISITIONS MERGER

MERGERS AND ACQUISITIONS MERGERS AND ACQUISITIONS - Balance Sheet NBBC (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Business Acquisition [Line Items]
Cash and cash equivalents	$ 111,918	$ 132,365	$ 100,780	$ 50,513
Accrued interest receivable and other assets	53,032	36,506
Total assets	4,474,144	4,268,034
Deposits	3,310,297	3,247,364
Total liabilities	3,911,595	3,710,232
Shareholders' equity	562,549	557,802	$ 238,059	$ 180,722
Total liabilities and shareholders' equity	4,474,144	$ 4,268,034
NewBridge Bancorp
Business Acquisition [Line Items]
Cash and cash equivalents	42,426
Investment securities	496,809
Loans, net	2,067,627
Accrued interest receivable and other assets	203,878
Total assets	2,810,740
Deposits	1,948,655
Short-term borrowings and long-term debt	576,024
Other liabilities	29,065
Total liabilities	2,553,744
Shareholders' equity	256,996
Total liabilities and shareholders' equity	$ 2,810,740

MERGERS AND ACQUISITIONS - Shar

MERGERS AND ACQUISITIONS - Shareholder Groups Immediately Prior to Mergers (Details) - Yadkin Financial Corporation $ / shares in Units, $ in Thousands	Jul. 04, 2014USD ($)$ / sharesshares
Piedmont Community Bank Holdings Inc
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	5,035,198
Percentage Ownership	100.00%
Market price (in dollars per share) | $ / shares	$ 122.01
Piedmont Community Bank Holdings Inc | Piedmont Community Bank Holdings Inc
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	1,466,664
Percentage Ownership	29.13%
Piedmont Community Bank Holdings Inc | Yadkin Financial Corporation
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	2,287,654
Percentage Ownership	45.43%
Piedmont Community Bank Holdings Inc | VantageSouth shareholders (excluding Piedmont)
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	1,144,633
Percentage Ownership	22.73%
Piedmont Community Bank Holdings Inc | Shares issued and held in Rabbi Trust
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	136,247
Percentage Ownership	2.71%
Piedmont Community Bank Holdings Inc | Total Piedmont and VantageSouth shareholders
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	2,747,544
Percentage Ownership	54.57%
Yadkin Financial Corporation
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	31,651,107
Percentage Ownership	100.00%
Market Value at $19.41 YDKN Share Price | $	$ 614,348
Market price (in dollars per share) | $ / shares	$ 19.41
Yadkin Financial Corporation | Piedmont Community Bank Holdings Inc
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	9,219,406
Percentage Ownership	29.10%
Market Value at $19.41 YDKN Share Price | $	$ 178,949
Yadkin Financial Corporation | Yadkin Financial Corporation
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	14,380,127
Percentage Ownership	45.40%
Market Value at $19.41 YDKN Share Price | $	$ 279,118
Yadkin Financial Corporation | VantageSouth shareholders (excluding Piedmont)
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	7,195,127
Percentage Ownership	22.75%
Market Value at $19.41 YDKN Share Price | $	$ 139,657
Yadkin Financial Corporation | Shares issued and held in Rabbi Trust
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	856,447
Percentage Ownership	2.75%
Market Value at $19.41 YDKN Share Price | $	$ 16,624
Yadkin Financial Corporation | Total Piedmont and VantageSouth shareholders
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of Outstanding Shares	17,270,980
Percentage Ownership	54.60%
Market Value at $19.41 YDKN Share Price | $	$ 335,230

MERGERS AND ACQUISITIONS - Calc

MERGERS AND ACQUISITIONS - Calculation of Purchase Price (Details) - Yadkin Financial Corporation $ / shares in Units, $ in Thousands	Jul. 04, 2014USD ($)$ / sharesshares
Business Acquisition [Line Items]
Purchase price (in thousands) | $	$ 279,115
Piedmont Community Bank Holdings Inc
Business Acquisition [Line Items]
Market price (in dollars per share) | $ / shares	$ 122.01
Shares, outstanding | shares	5,035,198
Purchase price (in thousands) | $	$ 279,115
Yadkin Financial Corporation | Piedmont Community Bank Holdings Inc
Business Acquisition [Line Items]
Shares, outstanding | shares	2,287,654

MERGERS AND ACQUISITIONS - Bala

MERGERS AND ACQUISITIONS - Balance Sheet - Yadkin (Details) - USD ($)		Jul. 04, 2014	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Cash and cash equivalents			$ 60,783,000	$ 65,312,000
Investment securities available for sale			689,132,000	672,421,000
Loans, net			3,066,775,000	2,890,449,000
Foreclosed assets			15,346,000	12,891,000
Deferred tax asset, net			59,850,000	76,105,000
Goodwill			152,152,000	152,152,000
Accrued interest receivable and other assets			53,032,000	36,506,000
Total assets			4,474,144,000	4,268,034,000
Deposits			3,310,297,000	3,247,364,000
Short-term borrowings			375,500,000	250,500,000
Long-term debt			194,967,000	180,164,000
Accrued interest payable and other liabilities			30,831,000	32,204,000
Total liabilities			3,911,595,000	3,710,232,000
Preferred stock			0	28,405,000
Common stock warrants			$ 717,000	$ 717,000
Yadkin Financial Corporation
Business Acquisition [Line Items]
Cash and cash equivalents		$ 36,116,000
Investment securities available for sale		257,655,000
Loans held for sale		15,696,000
Loans, net		1,372,679,000
Federal Home Loan Bank stock, at cost		3,778,000
Premises and equipment		37,860,000
Bank-owned life insurance		27,306,000
Foreclosed assets		1,670,000
Deferred tax asset, net		24,091,000
Goodwill		125,899,000
Other intangible assets		12,951,000
Accrued interest receivable and other assets		14,101,000
Total assets		1,929,802,000
Deposits		1,514,600,000
Short-term borrowings		72,879,000
Long-term debt		22,731,000
Accrued interest payable and other liabilities		11,355,000
Total liabilities		1,621,565,000
Net assets acquired		308,237,000
Preferred stock		28,405,000
Common stock warrants		717,000
Total other equity interests		29,122,000
Purchase price		279,115,000
As Reported by Yadkin at July 4, 2014 | Yadkin Financial Corporation
Business Acquisition [Line Items]
Cash and cash equivalents		36,116,000
Investment securities available for sale		259,143,000
Loans held for sale		15,696,000
Loans, net		1,403,419,000
Federal Home Loan Bank stock, at cost		3,778,000
Premises and equipment		40,204,000
Bank-owned life insurance		27,306,000
Foreclosed assets		2,271,000
Deferred tax asset, net		16,955,000
Goodwill		0
Other intangible assets		1,665,000
Accrued interest receivable and other assets		16,330,000
Total assets		1,822,883,000
Deposits		1,509,581,000
Short-term borrowings		72,879,000
Long-term debt		38,217,000
Accrued interest payable and other liabilities		8,448,000
Total liabilities		1,629,125,000
Net assets acquired		193,758,000
Preferred stock		28,405,000
Common stock warrants		1,850,000
Total other equity interests		30,255,000
Initial Fair Value Adjustments | Yadkin Financial Corporation
Business Acquisition [Line Items]
Cash and cash equivalents		0
Investment securities available for sale	[1]	(1,488,000)
Loans held for sale		0
Loans, net	[2]	(30,740,000)
Federal Home Loan Bank stock, at cost		0
Premises and equipment	[3]	(2,344,000)
Bank-owned life insurance		0
Foreclosed assets	[4]	(601,000)
Deferred tax asset, net	[5]	5,939,000
Goodwill	[6]	124,172,000
Other intangible assets	[7]	10,965,000
Accrued interest receivable and other assets	[8]	(2,229,000)
Total assets		103,674,000
Deposits	[9]	5,019,000
Short-term borrowings		0
Long-term debt	[10]	(15,486,000)
Accrued interest payable and other liabilities	[11]	(338,000)
Total liabilities		(10,805,000)
Net assets acquired		114,479,000
Preferred stock	[12]	0
Common stock warrants	[13]	(1,133,000)
Total other equity interests		(1,133,000)
Allowance loan losses		16,400,000
Fair value discount		$ 47,200,000
Preferred stock, dividend rate (as a percentage)		9.00%
Initial Fair Value Adjustments | Yadkin Financial Corporation | Common Stock Warrants
Business Acquisition [Line Items]
Number of warrants outstanding (in shares)			91,178
Volatility (as a percent)			48.60%
Expected dividends			$ 0
Risk free interest rate (as a percent)			1.74%
Exercise price (in dollars per share)			$ 21.9
Measurement Period Adjustments | Yadkin Financial Corporation
Business Acquisition [Line Items]
Cash and cash equivalents		$ 0
Investment securities available for sale		0
Loans held for sale		0
Loans, net		0
Federal Home Loan Bank stock, at cost		0
Premises and equipment		0
Bank-owned life insurance		0
Foreclosed assets		0
Deferred tax asset, net		1,197,000
Goodwill	[14]	1,727,000
Other intangible assets	[15]	321,000
Accrued interest receivable and other assets	[16]	0
Total assets		3,245,000
Deposits		0
Short-term borrowings		0
Long-term debt		0
Accrued interest payable and other liabilities	[17]	3,245,000
Total liabilities		3,245,000
Net assets acquired		0
Preferred stock		0
Common stock warrants		0
Total other equity interests		$ 0
[1]	Adjustment reflects opening fair value of securities portfolio, which was established as the new book basis of the portfolio.
[2]	Adjustment reflects the elimination of Yadkin's historical allowance for loan losses of $16.4 million and the recording of a fair value discount of $47.2 million on the loan portfolio. The fair value discount was calculated by forecasting cash flows over the expected remaining life of each loan and discounting those cash flows to present value using current market rates for similar loans. Forecasted cash flows include an estimate of lifetime credit losses on the loan portfolio.
[3]	Adjustment reflects fair value adjustments on certain acquired branch offices as well as certain software and computer equipment.
[4]	Adjustment reflects the write down of certain foreclosed assets based on current estimates of property values given current market conditions and additional discounts based on the Company's planned disposition strategy.
[5]	Adjustment reflects the tax impact of acquisition accounting fair value adjustments.
[6]	Goodwill represents the excess of the purchase price over the fair value of acquired net assets.
[7]	Adjustment reflects the estimated fair value of the acquired core deposit intangible.
[8]	Adjustment reflects the impact of fair value adjustments on other assets, which include mortgage servicing assets, certain unusable prepaid expenses, and the elimination of accrued interest on purchased credit-impaired loans.
[9]	Adjustment reflects the fair value premium on time deposits, which was calculated by discounting future contractual interest payments at a current market interest rate.
[10]	Adjustments reflect the fair value adjustments for subordinated debt issued to fund trust preferred securities and long-term Federal Home Loan Bank ("FHLB") advances, which were calculated by discounting future contractual interest payments at a current market interest rate for similar instruments. For FHLB advances, the fair value adjustment is consistent with the prepayment penalty the FHLB would charge to terminate the advance.
[11]	Adjustments reflect accruals and fair value adjustments for other liabilities, which include the write-off of unearned income, deferred gains, and accrued liabilities that will not be paid.
[12]	No fair value adjustments were made to Yadkin's outstanding preferred stock. The current preferred dividend rate of 9.0 percent approximates the current market yield for issuances of similar perpetual preferred stock. The preferred stock is currently redeemable at the liquidation value, and the Company expects the remaining life of this preferred stock to be relatively short.
[13]	The fair value of the common stock warrants was estimated using a Black-Scholes option pricing model assuming all 91,178 warrants will remain outstanding through expiration on July 24, 2019. Assumptions and inputs used in the option pricing model included stock price volatility of 48.6 percent, no dividends, a risk free interest rate of 1.74 percent, and an exercise price of $21.90 per common warrant.
[14]	Amount reflects adjustments to goodwill resulting from adjustments (o), (p) and (q).
[15]	Amount reflects an adjustment to estimated fair value of the acquired core deposit intangible.
[16]	Amount reflects adjustments to acquired deferred tax assets and the tax impact of adjustments (o) and (q).
[17]	Amount reflects the adjustment of change in control obligations existing under various employment agreements that were triggered by the 2014 Mergers, an increase in reserves for unfunded letters of credit, and additional accruals for certain legal matters and other liabilities.

MERGERS AND ACQUISITIONS - Pro

MERGERS AND ACQUISITIONS - Pro Forma Information (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2014USD ($)$ / sharesshares
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Total interest and non-interest income	$ 212,531
East Carolina Bancorp, Inc
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Net interest income	157,805
Net income	34,370
Net income available to common shareholders	$ 31,934
Basic income per common share (in dollars per share) | $ / shares	$ 1.02
Diluted income per common share (in dollars per share) | $ / shares	$ 1.02
Weighted average basic common shares outstanding (in shares) | shares	31,295,562
Weighted average diluted common shares outstanding (in shares) | shares	31,375,585

INVESTMENT SECURITIES - Summary

INVESTMENT SECURITIES - Summary of Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Securities available for sale:
Amortized Cost	$ 694,511	$ 674,156
Gross Unrealized Gains	2,196	2,822
Gross Unrealized Losses	7,575	4,557
Fair Value	689,132	672,421
GSE obligations
Securities available for sale:
Amortized Cost	5,980	14,914
Gross Unrealized Gains	3	30
Gross Unrealized Losses	1	0
Fair Value	5,982	14,944
SBA-guaranteed securities
Securities available for sale:
Amortized Cost	12,114	60,408
Gross Unrealized Gains	74	84
Gross Unrealized Losses	12	372
Fair Value	12,176	60,120
Mortgage-backed securities issued by GSE
Securities available for sale:
Amortized Cost	440,654	428,076
Gross Unrealized Gains	887	1,086
Gross Unrealized Losses	5,916	3,879
Fair Value	435,625	425,283
Municipal bonds
Securities available for sale:
Amortized Cost	55,402	39,907
Gross Unrealized Gains	504	355
Gross Unrealized Losses	106	4
Fair Value	55,800	40,258
Securities held to maturity:
Amortized Cost	39,182	39,620
Gross Unrealized Gains	1,318	966
Gross Unrealized Losses	0	0
Fair Value	40,500	40,586
Corporate bonds
Securities available for sale:
Amortized Cost	123,669	118,799
Gross Unrealized Gains	551	1,261
Gross Unrealized Losses	688	148
Fair Value	123,532	119,912
Collateralized loan obligations
Securities available for sale:
Amortized Cost	50,538
Gross Unrealized Gains	0
Gross Unrealized Losses	55
Fair Value	50,483
Non-agency RMBS
Securities available for sale:
Amortized Cost	3,528	4,961
Gross Unrealized Gains	144	3
Gross Unrealized Losses	9	1
Fair Value	3,663	4,963
Non-agency CMBS
Securities available for sale:
Amortized Cost		3,576
Gross Unrealized Gains		2
Gross Unrealized Losses		0
Fair Value		3,578
Other debt securities
Securities available for sale:
Amortized Cost	245	498
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value	245	498
Marketable equity securities
Securities available for sale:
Amortized Cost	2,381	3,017
Gross Unrealized Gains	33	1
Gross Unrealized Losses	788	153
Fair Value	$ 1,626	$ 2,865

INVESTMENT SECURITIES - Continu

INVESTMENT SECURITIES - Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Securities available for sale:
Less Than 12 Months, Fair Value	$ 313,649	$ 176,385
Less Than 12 Months, Unrealized Losses	3,992	1,340
12 Months or More, Fair Value	121,742	195,463
12 Months or More, Unrealized Losses	3,583	3,217
Total Fair Value	435,391	371,848
Total Unrealized Losses	7,575	4,557
GSE obligations
Securities available for sale:
Less Than 12 Months, Fair Value	999
Less Than 12 Months, Unrealized Losses	1
12 Months or More, Fair Value	0
12 Months or More, Unrealized Losses	0
Total Fair Value	999
Total Unrealized Losses	1
SBA-guaranteed securities
Securities available for sale:
Less Than 12 Months, Fair Value	5,043	94
Less Than 12 Months, Unrealized Losses	12	1
12 Months or More, Fair Value	0	41,950
12 Months or More, Unrealized Losses	0	371
Total Fair Value	5,043	42,044
Total Unrealized Losses	12	372
Mortgage-backed securities issued by GSE
Securities available for sale:
Less Than 12 Months, Fair Value	208,620	152,186
Less Than 12 Months, Unrealized Losses	2,453	1,117
12 Months or More, Fair Value	117,144	149,746
12 Months or More, Unrealized Losses	3,463	2,762
Total Fair Value	325,764	301,932
Total Unrealized Losses	5,916	3,879
Municipal bonds
Securities available for sale:
Less Than 12 Months, Fair Value	8,995	1,953
Less Than 12 Months, Unrealized Losses	106	4
12 Months or More, Fair Value	0	0
12 Months or More, Unrealized Losses	0	0
Total Fair Value	8,995	1,953
Total Unrealized Losses	106	4
Corporate bonds
Securities available for sale:
Less Than 12 Months, Fair Value	43,110	18,123
Less Than 12 Months, Unrealized Losses	577	64
12 Months or More, Fair Value	3,697	3,767
12 Months or More, Unrealized Losses	111	84
Total Fair Value	46,807	21,890
Total Unrealized Losses	688	148
Collateralized loan obligations
Securities available for sale:
Less Than 12 Months, Fair Value	45,471
Less Than 12 Months, Unrealized Losses	55
12 Months or More, Fair Value	0
12 Months or More, Unrealized Losses	0
Total Fair Value	45,471
Total Unrealized Losses	55
Non-agency RMBS
Securities available for sale:
Less Than 12 Months, Fair Value	0	1,318
Less Than 12 Months, Unrealized Losses	0	1
12 Months or More, Fair Value	901	0
12 Months or More, Unrealized Losses	9	0
Total Fair Value	901	1,318
Total Unrealized Losses	9	1
Marketable equity securities
Securities available for sale:
Less Than 12 Months, Fair Value	1,411	2,711
Less Than 12 Months, Unrealized Losses	788	153
12 Months or More, Fair Value	0	0
12 Months or More, Unrealized Losses	0	0
Total Fair Value	1,411	2,711
Total Unrealized Losses	$ 788	$ 153

INVESTMENT SECURITIES - Narrati

INVESTMENT SECURITIES - Narrative (Details) $ in Thousands	Dec. 31, 2015USD ($)investment_security	Dec. 31, 2014USD ($)investment_security
Schedule of Available-for-sale Securities [Line Items]
Number of available for sale securities with an unrealized loss position for more than 12 months	42
Available for sale securities in unrealized loss position for more than twelve months | $	$ 3,583	$ 3,217
Investment securities, as a percentage of total stockholders' equity	10.00%
Carrying amount of investment securities pledged as collateral | $	$ 279,953	$ 314,184
Mortgage-backed securities issued by GSE
Schedule of Available-for-sale Securities [Line Items]
Number of available for sale securities with an unrealized loss position	83	76
Available for sale securities in unrealized loss position for more than twelve months | $	$ 3,463	$ 2,762
SBA-guaranteed securities
Schedule of Available-for-sale Securities [Line Items]
Number of available for sale securities with an unrealized loss position	1	19
Available for sale securities in unrealized loss position for more than twelve months | $	$ 0	$ 371
Corporate bonds
Schedule of Available-for-sale Securities [Line Items]
Number of available for sale securities with an unrealized loss position	15	5
Available for sale securities in unrealized loss position for more than twelve months | $	$ 111	$ 84
Marketable equity securities
Schedule of Available-for-sale Securities [Line Items]
Number of available for sale securities with an unrealized loss position	3	4
Available for sale securities in unrealized loss position for more than twelve months | $	$ 0	$ 0
GSE Securities
Schedule of Available-for-sale Securities [Line Items]
Number of available for sale securities with an unrealized loss position	1	1
Non-agency RMBS
Schedule of Available-for-sale Securities [Line Items]
Number of available for sale securities with an unrealized loss position	1	1
Available for sale securities in unrealized loss position for more than twelve months | $	$ 9	$ 0
Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Number of available for sale securities with an unrealized loss position	9	6
Available for sale securities in unrealized loss position for more than twelve months | $	$ 0	$ 0
Collateralized loan obligations
Schedule of Available-for-sale Securities [Line Items]
Number of available for sale securities with an unrealized loss position	8

INVESTMENT SECURITIES - Contrac

INVESTMENT SECURITIES - Contractual Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Securities available for sale:
Due in one year or less, Amortized cost	$ 66,591	$ 30,365
Due from one to five years, Amortized cost	291,298	294,557
Due from five to ten years, Amortized cost	309,625	313,733
Due after ten years, Amortized cost	24,616	32,484
Equity Securities, Amortized cost	2,381	3,017
Amortized Cost	694,511	674,156
Due in one year or less, Fair value	67,163	30,536
Due from one to five years, Fair value	289,525	295,252
Due from five to ten years, Fair value	306,420	311,313
Due after ten years, Fair value	24,398	32,455
Equity Securities, Fair value	1,626	2,865
Fair Value	689,132	672,421
Securities held to maturity:
Due after one year through five years, Amortized Cost	31,421	20,177
Due after five years through ten years, Amortized Cost	4,072	15,836
Due after ten years, Amortized Cost	3,689	3,607
Amortized Cost	39,182	39,620
Due after one year through five years, Fair Value	32,272	20,747
Due after five years through ten years, Fair Value	4,229	16,092
Due after ten years, Fair Value	3,999	3,747
Fair Value	$ 40,500	$ 40,586

INVESTMENT SECURITIES - Securit

INVESTMENT SECURITIES - Securities Gains (Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]
Gross gains on sales of securities available for sale	$ 3	$ 453	$ 1,250
Gross losses on sales of securities available for sale	(3)	(327)	(35)
Total securities gains (losses)	$ 0	$ 126	$ 1,215

LOANS AND ALLOWANCE FOR LOAN 65

LOANS AND ALLOWANCE FOR LOAN LOSSES- Summary of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 3,077,656	$ 2,899,037
Less:
Deferred loan fees	(1,112)	(771)
Allowance for loan losses	(9,769)	(7,817)
Net loans	3,066,775	2,890,449
Recorded investment of loans	948,433	828,365
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	1,451,176	1,355,536
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	553,121	468,848
Commercial Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	345,304	370,807
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	343,648	360,249
Construction and development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	46,263	30,061
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	277,900	276,662
Other consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 60,244	$ 36,874

LOANS AND ALLOWANCE FOR LOAN 66

LOANS AND ALLOWANCE FOR LOAN LOSSES LOANS AND ALLOWANCE FOR LOAN LOSSES- Contractual Obligations Due From Directors, Executive Officers, and Their Interests (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Proceeds from Sale of Loans Held-for-sale	$ 5,294,000	$ 2,076,000	$ 2,595,000
Loans and Leases Receivable, Related Parties [Roll Forward]
Proceeds from sale of loans held-for-sale, gross		2,076,000	2,595,000
Gain (loss) on sales of loans, net		0
Directors and Officers
Loans and Leases Receivable, Related Parties [Roll Forward]
Loans to directors and officers at beginning of period	7,398,000	26,437,000	29,999,000
Additions for new directors	0	5,850,000	1,232,000
Reductions for retirement of directors	0	(24,835,000)	(1,816,000)
New advances to directors and officers	0	1,092,000	8,000
Payoffs and principal reductions	(3,142,000)	(1,145,000)	(2,986,000)
Loans to directors and officers at end of period	4,256,000	7,398,000	26,437,000
Commitments to directors and officers at December 31	$ 1,027,000	$ 2,024,000	$ 96,000

LOANS AND ALLOWANCE FOR LOAN 67

LOANS AND ALLOWANCE FOR LOAN LOSSES- Purchased Credit-Impaired Loans (Details) - USD ($) $ in Thousands	Jul. 04, 2014	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Fair value of PCI loans at acquisition		$ 160,500	$ 228,956
Yadkin Financial Corporation
Accounts, Notes, Loans and Financing Receivable [Line Items]
Contractually required payments	$ 110,365
Nonaccretable difference	(21,102)
Cash flows expected to be collected at acquisition	89,263
Accretable yield	(8,604)
Fair value of PCI loans at acquisition	$ 80,659

LOANS AND ALLOWANCE FOR LOAN 68

LOANS AND ALLOWANCE FOR LOAN LOSSES- Accretable Yield, or Income Expected to be Collected, Related to PCI Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Purchased Credit-Impaired Loans [Roll Forward]
Balance, beginning of period	$ 25,181	$ 25,349	$ 27,632
Loans purchased	0	8,604	4,242
Accretion of income	(13,333)	(13,764)	(13,640)
Reclassifications from nonaccretable difference	5,749	4,091	9,595
Other, net	4,712	901	(2,480)
Balance, end of period	22,309	25,181	$ 25,349
Fair value of PCI loans at acquisition	$ 160,500	$ 228,956

LOANS AND ALLOWANCE FOR LOAN 69

LOANS AND ALLOWANCE FOR LOAN LOSSES- Contractual Payments, Fair Value, and Estimate of Cash Flows (Details) - Yadkin Financial Corporation $ in Thousands	Jul. 04, 2014USD ($)
Business Acquisition [Line Items]
Contractually required payments	$ 1,502,793
Fair value of acquired loans at acquisition	1,292,020
Contractual cash flows not expected to be collected	$ 36,219

LOANS AND ALLOWANCE FOR LOAN 70

LOANS AND ALLOWANCE FOR LOAN LOSSES- Activity in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014
Allowance for loan losses:
Beginning Balance	$ 7,817	$ 7,043	$ 3,998
Charge-offs	(5,623)	(3,141)	(2,721)
Recoveries	1,330	502	297
Provision for loan losses	6,245	3,413	5,469
Ending balance	9,769	7,817	7,043
Ending balance:
Individually evaluated for impairment				$ 487	$ 390
Collectively evaluated for impairment				7,960	6,129
Purchased credit-impaired				1,322	1,298
Total	7,817	7,043	3,998	9,769	7,817
Ending balance:
Individually evaluated for impairment				15,553	9,985
Collectively evaluated for impairment				2,920,061	2,682,925
Purchased credit-impaired				142,042	206,127
Financing Receivable, Gross				3,077,656	2,899,037
Commercial real estate
Allowance for loan losses:
Beginning Balance	2,796	2,419	1,524
Charge-offs	(1,096)	(366)	(20)
Recoveries	58	46	26
Provision for loan losses	1,924	697	889
Ending balance	3,682	2,796	2,419
Ending balance:
Individually evaluated for impairment				314	158
Collectively evaluated for impairment				2,976	2,177
Purchased credit-impaired				392	461
Total	2,796	2,419	1,524	3,682	2,796
Ending balance:
Individually evaluated for impairment				8,449	5,398
Collectively evaluated for impairment				1,354,977	1,227,597
Purchased credit-impaired				87,750	122,541
Financing Receivable, Gross				1,451,176	1,355,536
Commercial and industrial
Allowance for loan losses:
Beginning Balance	1,274	805	798
Charge-offs	(2,337)	(1,034)	(483)
Recoveries	746	88	23
Provision for loan losses	2,748	1,415	467
Ending balance	2,431	1,274	805
Ending balance:
Individually evaluated for impairment				106	229
Collectively evaluated for impairment				2,309	952
Purchased credit-impaired				16	93
Total	1,274	805	798	2,431	1,274
Ending balance:
Individually evaluated for impairment				2,623	2,343
Collectively evaluated for impairment				540,685	452,487
Purchased credit-impaired				9,813	14,018
Financing Receivable, Gross				553,121	468,848
Commercial Construction
Allowance for loan losses:
Beginning Balance	1,691	1,400	597
Charge-offs	(331)	(367)	(723)
Recoveries	0	69	47
Provision for loan losses	(494)	589	1,479
Ending balance	866	1,691	1,400
Ending balance:
Individually evaluated for impairment				0	0
Collectively evaluated for impairment				704	1,590
Purchased credit-impaired				162	101
Total	1,691	1,400	597	866	1,691
Ending balance:
Individually evaluated for impairment				177	910
Collectively evaluated for impairment				330,714	337,540
Purchased credit-impaired				14,413	32,357
Financing Receivable, Gross				345,304	370,807
Residential real estate
Allowance for loan losses:
Beginning Balance	1,237	1,673	940
Charge-offs	(509)	(591)	(672)
Recoveries	161	131	146
Provision for loan losses	368	24	1,259
Ending balance	1,257	1,237	1,673
Ending balance:
Individually evaluated for impairment				0	0
Collectively evaluated for impairment				837	681
Purchased credit-impaired				420	556
Total	1,237	1,673	940	1,257	1,237
Ending balance:
Individually evaluated for impairment				3,550	928
Collectively evaluated for impairment				315,030	328,693
Purchased credit-impaired				25,068	30,628
Financing Receivable, Gross				343,648	360,249
Construction and development
Allowance for loan losses:
Beginning Balance	194	187	18
Charge-offs	0	0	0
Recoveries	27	0	0
Provision for loan losses	16	7	169
Ending balance	237	194	187
Ending balance:
Individually evaluated for impairment				0	0
Collectively evaluated for impairment				233	194
Purchased credit-impaired				4	0
Total	194	187	18	237	194
Ending balance:
Individually evaluated for impairment				417	0
Collectively evaluated for impairment				44,630	28,436
Purchased credit-impaired				1,216	1,625
Financing Receivable, Gross				46,263	30,061
Home equity
Allowance for loan losses:
Beginning Balance	546	476	85
Charge-offs	(943)	(429)	(558)
Recoveries	187	123	39
Provision for loan losses	1,093	376	910
Ending balance	883	546	476
Ending balance:
Individually evaluated for impairment				67	3
Collectively evaluated for impairment				542	456
Purchased credit-impaired				274	87
Total	546	476	85	883	546
Ending balance:
Individually evaluated for impairment				337	406
Collectively evaluated for impairment				274,042	271,928
Purchased credit-impaired				3,521	4,328
Financing Receivable, Gross				277,900	276,662
Other consumer
Allowance for loan losses:
Beginning Balance	79	83	36
Charge-offs	(407)	(354)	(265)
Recoveries	151	45	16
Provision for loan losses	590	305	296
Ending balance	413	79	83
Ending balance:
Individually evaluated for impairment				0	0
Collectively evaluated for impairment				359	79
Purchased credit-impaired				54	0
Total	$ 79	$ 83	$ 36	413	79
Ending balance:
Individually evaluated for impairment				0	0
Collectively evaluated for impairment				59,983	36,244
Purchased credit-impaired				261	630
Financing Receivable, Gross				$ 60,244	$ 36,874

LOANS AND ALLOWANCE FOR LOAN 71

LOANS AND ALLOWANCE FOR LOAN LOSSES- Past Due Analysis and Aging (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Consumer:
Total	$ 3,077,656	$ 2,899,037
30-89 Days Past Due
Commercial:
Commercial, Real estate	3,205	7,971
Commercial, Commercial and industrial	6,004	5,612
Commercial, Construction and development	68	1,162
Consumer:
Consumer, Residential real estate	7,625	4,872
Consumer, Construction and development	1,495	569
Consumer, Home equity	3,857	3,985
Consumer, Other consumer	1,015	797
Total	23,269	24,968
90 Days or Greater Past Due
Commercial:
Commercial, Real estate	4,503	2,383
Commercial, Commercial and industrial	2,599	1,707
Commercial, Construction and development	414	369
Consumer:
Consumer, Residential real estate	2,876	2,210
Consumer, Construction and development	946	12
Consumer, Home equity	1,877	395
Consumer, Other consumer	208	70
Total	13,423	7,146
Total Past Due
Commercial:
Commercial, Real estate	7,708	10,354
Commercial, Commercial and industrial	8,603	7,319
Commercial, Construction and development	482	1,531
Consumer:
Consumer, Residential real estate	10,501	7,082
Consumer, Construction and development	2,441	581
Consumer, Home equity	5,734	4,380
Consumer, Other consumer	1,223	867
Total	36,692	32,114
Current
Commercial:
Commercial, Real estate	1,355,718	1,222,641
Commercial, Commercial and industrial	534,705	447,511
Commercial, Construction and development	330,409	336,919
Consumer:
Consumer, Residential real estate	308,079	322,539
Consumer, Construction and development	42,606	27,855
Consumer, Home equity	268,645	267,954
Consumer, Other consumer	58,760	35,377
Total	2,898,922	2,660,796
Total
Commercial:
Commercial, Real estate	1,363,426	1,232,995
Commercial, Commercial and industrial	543,308	454,830
Commercial, Construction and development	330,891	338,450
Consumer:
Consumer, Residential real estate	318,580	329,621
Consumer, Construction and development	45,047	28,436
Consumer, Home equity	274,379	272,334
Consumer, Other consumer	59,983	36,244
Total	2,935,614	2,692,910
Non-PCI Loans
Commercial:
Commercial, Real estate	1,363,426	1,232,995
Commercial, Commercial and industrial	543,308	454,830
Commercial, Construction and development	330,891	338,450
Consumer:
Consumer, Residential real estate	318,580	329,621
Consumer, Construction and development	45,047	28,436
Consumer, Home equity	274,379	272,334
Consumer, Other consumer	59,983	36,244
Total	2,935,614	2,692,910
Non-PCI Loans | Pass
Commercial:
Commercial, Real estate	1,308,789	1,187,938
Commercial, Commercial and industrial	523,643	433,093
Commercial, Construction and development	326,979	334,213
Consumer:
Consumer, Residential real estate	305,046	316,743
Consumer, Construction and development	43,274	27,447
Consumer, Home equity	265,128	264,953
Consumer, Other consumer	59,273	35,736
Total	2,832,132	2,600,123
Non-PCI Loans | Special Mention
Commercial:
Commercial, Real estate	32,525	32,142
Commercial, Commercial and industrial	5,436	15,148
Commercial, Construction and development	3,298	2,128
Consumer:
Consumer, Residential real estate	5,682	4,527
Consumer, Construction and development	666	735
Consumer, Home equity	4,442	4,238
Consumer, Other consumer	233	237
Total	52,282	59,155
Non-PCI Loans | Substandard
Commercial:
Commercial, Real estate	22,112	12,915
Commercial, Commercial and industrial	14,229	6,510
Commercial, Construction and development	560	2,109
Consumer:
Consumer, Residential real estate	7,852	8,351
Consumer, Construction and development	1,107	254
Consumer, Home equity	4,809	3,143
Consumer, Other consumer	477	269
Total	51,146	33,551
Non-PCI Loans | Doubtful
Commercial:
Commercial, Real estate	0	0
Commercial, Commercial and industrial	0	79
Commercial, Construction and development	54	0
Consumer:
Consumer, Residential real estate	0	0
Consumer, Construction and development	0	0
Consumer, Home equity	0	0
Consumer, Other consumer	0	2
Total	54	81
PCI Loans
Commercial:
Commercial, Real estate	87,750	122,541
Commercial, Commercial and industrial	9,813	14,018
Commercial, Construction and development	14,413	32,357
Consumer:
Consumer, Residential real estate	25,068	30,628
Consumer, Construction and development	1,216	1,625
Consumer, Home equity	3,521	4,328
Consumer, Other consumer	261	630
Total	142,042	206,127
PCI Loans | Pass
Commercial:
Commercial, Real estate	40,805	57,095
Commercial, Commercial and industrial	7,913	7,408
Commercial, Construction and development	5,975	6,857
Consumer:
Consumer, Residential real estate	11,158	12,703
Consumer, Construction and development	314	189
Consumer, Home equity	264	143
Consumer, Other consumer	8	2
Total	66,437	84,397
PCI Loans | Special Mention
Commercial:
Commercial, Real estate	29,889	45,711
Commercial, Commercial and industrial	630	2,936
Commercial, Construction and development	3,022	16,374
Consumer:
Consumer, Residential real estate	7,134	8,206
Consumer, Construction and development	328	723
Consumer, Home equity	2,016	2,827
Consumer, Other consumer	200	488
Total	43,219	77,265
PCI Loans | Substandard
Commercial:
Commercial, Real estate	17,056	19,735
Commercial, Commercial and industrial	1,270	3,674
Commercial, Construction and development	5,416	9,126
Consumer:
Consumer, Residential real estate	6,776	9,719
Consumer, Construction and development	574	713
Consumer, Home equity	1,059	1,358
Consumer, Other consumer	53	140
Total	32,204	44,465
PCI Loans | Doubtful
Commercial:
Commercial, Real estate	0	0
Commercial, Commercial and industrial	0	0
Commercial, Construction and development	0	0
Consumer:
Consumer, Residential real estate	0	0
Consumer, Construction and development	0	0
Consumer, Home equity	182	0
Consumer, Other consumer	0	0
Total	$ 182	$ 0

LOANS AND ALLOWANCE FOR LOAN 72

LOANS AND ALLOWANCE FOR LOAN LOSSES- Non Accrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	$ 21,194	$ 17,949
Loans greater than 90 days past due and accruing	552	2
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	6,130	5,685
Loans greater than 90 days past due and accruing	0	0
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	4,126	4,594
Loans greater than 90 days past due and accruing	552	2
Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	468	1,692
Loans greater than 90 days past due and accruing	0	0
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	5,353	3,755
Loans greater than 90 days past due and accruing	0	0
Construction and development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	1,324	254
Loans greater than 90 days past due and accruing	0	0
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	3,245	1,721
Loans greater than 90 days past due and accruing	0	0
Other consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	548	248
Loans greater than 90 days past due and accruing	$ 0	$ 0

LOANS AND ALLOWANCE FOR LOAN 73

LOANS AND ALLOWANCE FOR LOAN LOSSES- Impaired Loans (Details) - Non-PCI Loans - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 15,553	$ 9,985
Related Allowance	487	390
Unpaid Principal Balance	15,734	15,802
With Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	3,278	1,472
With No Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	12,275	8,513
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	8,449	5,398
Related Allowance	314	158
Unpaid Principal Balance	8,515	5,330
Commercial real estate | With Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,262	885
Commercial real estate | With No Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	7,187	4,513
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,623	2,343
Related Allowance	106	229
Unpaid Principal Balance	2,695	2,718
Commercial and industrial | With Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	531	525
Commercial and industrial | With No Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,092	1,818
Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	177	910
Related Allowance	0	0
Unpaid Principal Balance	180	1,971
Commercial construction | With Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Commercial construction | With No Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	177	910
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	3,550	928
Related Allowance	0	0
Unpaid Principal Balance	3,568	3,863
Residential real estate | With Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,465	0
Residential real estate | With No Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,085	928
Construction and development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	417
Related Allowance	0
Unpaid Principal Balance	417
Construction and development | With Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0
Construction and development | With No Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	417
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	337	406
Related Allowance	67	3
Unpaid Principal Balance	359	1,920
Home equity | With Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	20	62
Home equity | With No Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	317	$ 344
Other consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0
Related Allowance	0
Unpaid Principal Balance	0
Other consumer | With Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0
Other consumer | With No Related Allowance Recorded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 0

LOANS AND ALLOWANCE FOR LOAN 74

LOANS AND ALLOWANCE FOR LOAN LOSSES- Impaired Loans Average Balance and Interest Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Balance	$ 12,826	$ 16,434	$ 6,750
Interest Income	116	103	22
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Balance	7,153	7,399	2,964
Interest Income	28	75	22
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Balance	2,287	2,599	144
Interest Income	5	1	0
Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Balance	545	2,509	1,282
Interest Income	0	0	0
Residential real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Balance	2,249	2,616	1,029
Interest Income	83	27	0
Construction and development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Balance	209	214	48
Interest Income	0	0
Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Balance	383	998	1,183
Interest Income	0	0	0
Other consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Balance	0	99	100
Interest Income	$ 0	$ 0	$ 0

LOANS AND ALLOWANCE FOR LOAN 75

LOANS AND ALLOWANCE FOR LOAN LOSSES- Troubled Debt Restructuring (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)loan	Dec. 31, 2014USD ($)loan
TDR's Outstanding [Abstract]
Recorded Investment | $	$ 7,270	$ 6,371
Number (in loans) | loan	25	21
TDR's Modified [Abstract]
TDRs Modified, Recorded Investment | $	$ 1,985	$ 5,223
TDRs modified (in loans) | loan	12	10
TDR's Defaulted [Abstract]
TDRs Defaulted, Recorded Investment | $	$ 1,555	$ 1,102
TDRs Defaulted (in loans) | loan	3	5
Commercial real estate
TDR's Outstanding [Abstract]
Recorded Investment | $	$ 4,684	$ 4,215
Number (in loans) | loan	7	7
TDR's Modified [Abstract]
TDRs Modified, Recorded Investment | $	$ 1,626	$ 3,460
TDRs modified (in loans) | loan	4	4
TDR's Defaulted [Abstract]
TDRs Defaulted, Recorded Investment | $	$ 1,441	$ 890
TDRs Defaulted (in loans) | loan	2	3
Commercial and industrial
TDR's Outstanding [Abstract]
Recorded Investment | $	$ 795	$ 172
Number (in loans) | loan	11	4
TDR's Modified [Abstract]
TDRs Modified, Recorded Investment | $	$ 283	$ 105
TDRs modified (in loans) | loan	6	2
TDR's Defaulted [Abstract]
TDRs Defaulted, Recorded Investment | $	$ 0	$ 212
TDRs Defaulted (in loans) | loan	0	2
Commercial construction
TDR's Outstanding [Abstract]
Recorded Investment | $	$ 177	$ 131
Number (in loans) | loan	2	2
TDR's Modified [Abstract]
TDRs Modified, Recorded Investment | $	$ 56	$ 0
TDRs modified (in loans) | loan	1	0
Residential real estate
TDR's Outstanding [Abstract]
Recorded Investment | $	$ 1,594	$ 1,770
Number (in loans) | loan	4	6
TDR's Modified [Abstract]
TDRs Modified, Recorded Investment | $	$ 0	$ 1,658
TDRs modified (in loans) | loan	0	4
TDR's Defaulted [Abstract]
TDRs Defaulted, Recorded Investment | $	$ 114	$ 0
TDRs Defaulted (in loans) | loan	1	0
Home equity
TDR's Outstanding [Abstract]
Recorded Investment | $	$ 20	$ 83
Number (in loans) | loan	1	2
TDR's Modified [Abstract]
TDRs Modified, Recorded Investment | $	$ 20	$ 0
TDRs modified (in loans) | loan	1	0

PURCHASED ACCOUNTS RECEIVABLE76

PURCHASED ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Mar. 10, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Mar. 11, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Noninterest income, income from purchased accounts receivable		$ 5,706	$ 4,198	$ 2,156
Other short-term investments, accounts receivable		7,900
Other short-term investments, delinquent accounts receivable balance		5,400
Subsequent Event
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other short-term investments, additional delinquent accounts receivable balance					$ 2,500
Reduction in outstanding debt in exchange for controlling stake, percent	70.00%
Additional loans offered in debt restructuring	$ 2,000,000
Creditor's approval required for debt restructuring, percent	75.00%
Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Noninterest income, income from purchased accounts receivable		$ 872	$ 552	$ 10

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Less: accumulated depreciation	$ (14,532)	$ (8,913)
Total	73,739	80,379
Depreciation on premises and equipment	6,155	4,683	$ 2,521
Land
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	21,444	23,171
Buildings and leasehold improvements
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	41,199	43,433
Furniture, software, and equipment
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 25,628	$ 22,688

LOAN SERVICING - SBA Servicing

LOAN SERVICING - SBA Servicing Asset (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Servicing Assets at Fair Value [Line Items]
Government-guaranteed lending	$ 12,729,000	$ 9,450,000	$ 5,586,000
Mortgage Loan Servicing
Servicing Assets at Fair Value [Line Items]
Unpaid principal balance	563,802,000	455,033,000
Mortgage servicing fees	1,272,000	538,000	0
Servicing Asset at Fair Value, Amount [Roll Forward]
Beginning balance	4,284,000	0
Fair value of acquired MSRs	0	4,025,000
Additions	1,881,000	688,000
Payoffs	(402,000)	(126,000)
Amortization	(726,000)	(303,000)
Ending balance	5,037,000	4,284,000	0
Valuation allowance	(10,000)	(157,000)
Balance at end of period after valuation allowance	5,027,000	4,127,000
SBA Loans
Servicing Assets at Fair Value [Line Items]
Unpaid principal balance	205,879,000	136,093,000
Government-guaranteed lending	1,758,000	1,063,000	522,000
Servicing Asset at Fair Value, Amount [Roll Forward]
Beginning balance	3,081,000	1,759,000
Additions	2,148,000	1,628,000
Amortization	(744,000)	(306,000)
Ending balance	4,485,000	3,081,000	$ 1,759,000
Valuation allowance	$ 0	$ 0

LOAN SERVICING - Characteristic

LOAN SERVICING - Characteristics and Sensitivity of the Fair Value of MSRs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Servicing Liabilities at Fair Value [Line Items]
Government-guaranteed lending	$ 12,729	$ 9,450	$ 5,586
Mortgage Loan Servicing
Servicing Liabilities at Fair Value [Line Items]
Composition of mortgage loans serviced for others (as a percent)	100.00%	100.00%
Weighted average life (years)	6 years 7 months 6 days	5 years 9 months 7 days
Prepayment speed (as a percent)	9.98%	12.62%
Discount rate (as a percent)	9.66%	9.60%
0.25%	$ 421	$ 566
0.50%	660	801
- 0.25%	(599)	(668)
- 0.50%	(1,104)	(844)
Unpaid principal balance	$ 563,802	$ 455,033
Mortgage Loan Servicing | Fixed rate loans
Servicing Liabilities at Fair Value [Line Items]
Composition of mortgage loans serviced for others (as a percent)	99.90%	99.86%
Mortgage Loan Servicing | Adjustable rate loans
Servicing Liabilities at Fair Value [Line Items]
Composition of mortgage loans serviced for others (as a percent)	0.10%	0.14%
SBA Loans
Servicing Liabilities at Fair Value [Line Items]
Unpaid principal balance	$ 205,879	$ 136,093
Government-guaranteed lending	$ 1,758	$ 1,063	$ 522

GOODWILL AND OTHER INTANGIBLE80

GOODWILL AND OTHER INTANGIBLE ASSETS - Carrying Amounts of Intangible Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Goodwill [Line Items]
Goodwill	$ 152,152,000	$ 152,152,000	$ 26,254,000	$ 26,254,000
Finite-lived Intangible Assets [Roll Forward]
Core Deposit Intangible, Amortization expense	(3,098,000)	(2,157,000)	(800,000)
Tax basis in goodwill from mergers and acquisitions	0
Tax deductible goodwill from acquisitions	0
VantageSouth Bancshares, Inc. and Piedmont Community Bank Holdings, Inc.
Goodwill [Line Items]
Goodwill		125,898,000
Core Deposits
Finite-lived Intangible Assets [Roll Forward]
Core Deposit Intangible, Gross	20,386,000	7,435,000	3,128,000
Core Deposit Intangible, Gross	20,386,000	20,386,000	7,435,000
Core Deposit Intangible, Accumulated Amortization	(3,709,000)	(1,552,000)	(752,000)
Core Deposit Intangible, Amortization expense	(3,098,000)	(2,157,000)	(800,000)
Core Deposit Intangible, Accumulated Amortization	(6,807,000)	(3,709,000)	(1,552,000)
Core Deposit Intangible, Net	$ 13,579,000	16,677,000	5,883,000	$ 2,376,000
Core Deposits | East Carolina Bancorp, Inc
Finite-lived Intangible Assets [Roll Forward]
Core Deposit Intangible Balance from Merger			$ 4,307,000
Core deposit intangible from the ECB merger, weighted average useful life (in years)	10 years
Core Deposits | VantageSouth Bancshares, Inc. and Piedmont Community Bank Holdings, Inc.
Finite-lived Intangible Assets [Roll Forward]
Core Deposit Intangible Balance from Merger		$ 12,951,000

GOODWILL AND OTHER INTANGIBLE81

GOODWILL AND OTHER INTANGIBLE ASSETS - Estimated Amortization Expense (Details) - USD ($)	Oct. 31, 2015	Dec. 31, 2015
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
2,016		$ 2,776,000
2,017		2,485,000
2,018		2,202,000
2,019		1,915,000
2,020		1,625,000
Thereafter		2,576,000
Total estimated amortization expense		13,579,000
Goodwill, impairment loss	$ 0
Impairment of intangible assets, finite-lived		$ 0

BORROWINGS Short-Term and Long-

BORROWINGS Short-Term and Long-Term Borrowings (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Aug. 31, 2013
Short-term borrowings:
FHLB advances maturing within one year	$ 375,500,000	$ 250,500,000
Long-term debt:
FHLB advances maturing beyond one year	118,942,000	104,651,000
Subordinated term loan due 2018	7,166,000	7,060,000
Subordinated notes due 2023	38,050,000	38,050,000	$ 38,050,000
Capital lease obligations and other debt	5,752,000	5,972,000
Long-term debt	194,967,000	180,164,000
Short-term borrowings	375,500,000	250,500,000
Revolving Credit Facility
Long-term debt:
Line of credit facility	0
Line of Credit Facility, Current Borrowing Capacity	$ 15,000,000
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Long-term debt:
Debt instrument, basis spread on variable rate	4.00%
Minimum
Long-term debt:
Percentage of collateral that may be borrowed (as a percent)	60.00%
Maximum
Long-term debt:
Percentage of collateral that may be borrowed (as a percent)	65.00%
Line of Credit
Long-term debt:
Loans pledged as collateral	$ 656,807,000
Federal Reserve Bank Advances
Long-term debt:
Long-term debt		0
Federal Funds Purchased | Line of Credit
Long-term debt:
Short-term borrowings	185,000,000
Line of Credit Facility, Fair Value of Amount Outstanding	0	0
Maturing October 7, 2033
Long-term debt:
Junior subordinated debt to unconsolidated trusts:	5,701,000	5,629,000
Maturing December 15, 2033
Long-term debt:
Junior subordinated debt to unconsolidated trusts:	6,853,000	6,687,000
Maturing December 15, 2037
Long-term debt:
Junior subordinated debt to unconsolidated trusts:	12,503,000	$ 12,115,000
Federal Reserve Bank Advances | Line of Credit
Long-term debt:
Loans pledged as collateral	4,881,000
Federal Reserve Bank Advances
Long-term debt:
Long-term debt	$ 0

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Less than $250
Time Deposits, Less Than $250,000, 2016	$ 314,726
Time Deposits, Less Than $250,000, 2017	85,947
Time Deposits, Less Than $250,000, 2018	44,841
Time Deposits, Less Than $250,000, 2019	91,661
Time Deposits, Less Than $250,000, 2020	64,789
Time Deposits, Less Than $250,000, Thereafter	4,050
Total, Less Than $250,000	606,014
$250 and greater
Time Deposits, $250,000 or Greater, 2016	205,646
Time Deposits, $250,000 or Greater, 2017	89,118
Time Deposits, $250,000 or Greater, 2018	45,608
Time Deposits, $250,000 or Greater, 2019	52,103
Time Deposits, $250,000 or Greater, 2020	19,163
Time Deposits, $250,000 or Greater, Thereafter	256
Total, $250,000 or Greater	411,894
Total
Total Time Deposits, 2016	520,372
Total Time Deposits, 2017	175,065
Total Time Deposits, 2018	90,449
Total Time Deposits, 2019	143,764
Total Time Deposits, 2020	83,952
Total Time Deposits, Thereafter	4,306
Total	$ 1,017,908	$ 1,092,283

BORROWINGS Federal Home Loan Ba

BORROWINGS Federal Home Loan Bank Advances (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-term debt	$ 194,967	$ 180,164
Totals	494,336	354,874
Yadkin Financial Corporation and East Carolina Bancorp, Inc.
Debt Instrument [Line Items]
Liabilities, fair value adjustment	106	277
2,015
Debt Instrument [Line Items]
Maturities Summary, due in next twelve months	0	250,500
2,016
Debt Instrument [Line Items]
Maturities Summary, due in next twelve months	375,500	90,500
2,017
Debt Instrument [Line Items]
Maturities Summary, due in next twelve months	$ 113,000	8,000
2,018
Debt Instrument [Line Items]
Contractual Rate, maturities under one year (as a percent)	0.25%
Maturities Summary, due in next twelve months	$ 648	667
2,019
Debt Instrument [Line Items]
Contractual Rate, maturities under one year (as a percent)	1.83%
Maturities Summary, due in next twelve months	$ 5,000	5,000
2,020
Debt Instrument [Line Items]
Maturities Summary, due in next twelve months	$ 0	0
Thereafter
Debt Instrument [Line Items]
Contractual Rate, maturities under one year (as a percent)	2.00%
Maturities Summary, due in next twelve months	$ 188	$ 207
Line of Credit
Debt Instrument [Line Items]
Loans pledged as collateral	656,807
Line of Credit | FHLB Advances
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 152,471
Minimum | 2015
Debt Instrument [Line Items]
Contractual Rate, maturities under one year (as a percent)	0.20%
Minimum | 2016
Debt Instrument [Line Items]
Contractual Rate, maturities under one year (as a percent)	0.28%
Minimum | 2017
Debt Instrument [Line Items]
Contractual Rate, maturities under one year (as a percent)	0.78%
Maximum | 2015
Debt Instrument [Line Items]
Contractual Rate, maturities under one year (as a percent)	2.99%
Maximum | 2016
Debt Instrument [Line Items]
Contractual Rate, maturities under one year (as a percent)	2.21%
Maximum | 2017
Debt Instrument [Line Items]
Contractual Rate, maturities under one year (as a percent)	1.14%

BORROWINGS Subordinated Term Lo

BORROWINGS Subordinated Term Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2008
Debt Instrument [Line Items]
Long-term debt	$ 194,967	$ 180,164
Subordinated term loan due 2018	$ 7,166	7,060
Unsecured Subordinated Term Loan Effective September 26 2008 | LIBOR Plus Four Percent
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	4.00%
Unsecured Subordinated Term Loan Effective September 26 2008 | Unsecured Subordinated Term Loan
Debt Instrument [Line Items]
Long-term debt		$ 7,060	$ 7,500
Phase out of capital qualification term	5 years

BORROWINGS Subordinated Notes (

BORROWINGS Subordinated Notes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Aug. 31, 2013
Debt Instrument [Line Items]
Subordinated notes due 2023	$ 38,050	$ 38,050	$ 38,050
Subordinated Notes
Debt Instrument [Line Items]
Stated rate	7.625%
Phase out of capital qualification term	5 years

BORROWINGS Junior Subordinated

BORROWINGS Junior Subordinated Debentures (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Nov. 30, 2007	Aug. 31, 2003
London Interbank Offered Rate (LIBOR) | Trust Preferred Securities | Crescent Financial Capital Trust I
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Debt instrument, basis spread on variable rate	3.10%
London Interbank Offered Rate (LIBOR) | Trust Preferred Securities | American Community Capital Trust II, Ltd
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Debt instrument, basis spread on variable rate	2.80%
London Interbank Offered Rate (LIBOR) | Trust Preferred Securities | Yadkin Valley Statutory Trust I
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Debt instrument, basis spread on variable rate	1.32%
Maturing October 7, 2033
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Subordinated term loan	$ 25,056	$ 24,431
Maturing December 15, 2033
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Subordinated term loan	6,853	6,687
Maturing December 15, 2037
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Subordinated term loan	$ 12,503	$ 12,115
Trust Preferred Securities Subject to Mandatory Redemption
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Financial instruments subject to mandatory redemption, settlement terms, fair value of shares			$ 10,000	$ 25,000	$ 8,000

LEASES - Future Minimum Lease P

LEASES - Future Minimum Lease Payments (Details) $ in Thousands	Dec. 31, 2015USD ($)
Operating Leases, Future Minimum Payments Due
2,016	$ 3,720
2,017	3,183
2,018	2,986
2,019	2,142
2,020	982
Thereafter	4,507
Total	17,520
Capital Leases, Future Minimum Payments, Present Value of Net Minimum Payments
2,016	574
2,017	583
2,018	591
2,019	600
2,020	608
Thereafter	5,785
Total projected lease payments for capital leases	8,741
Imputed interest	(2,989)
Present value of minimum lease payments	$ 5,752

LEASES - Additional Disclosures

LEASES - Additional Disclosures (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)propertyCapital_lease	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Operating Leased Assets [Line Items]
Operating leases, rent expense	$ 4,540	$ 4,048	$ 2,818
Number of properties leased from related parties (in number of leases) | property	2
Number of capital leases | Capital_lease	2
Capital lease obligations, noncurrent	$ 5,752	5,972
Related Party
Operating Leased Assets [Line Items]
Operating leases, rent expense		$ 381	$ 755

INCOME TAXES - Significant Comp

INCOME TAXES - Significant Components of the Provision for Income Taxes ( (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current tax expense:
Federal	$ 5,415	$ 305	$ 0
State	0	0	0
Total current tax expense	5,415	305	0
Deferred tax expense:
Federal	16,653	7,924	432
State	4,053	1,981	2,042
Total deferred tax expense	20,706	9,905	2,474
Income tax expense before change in deferred tax asset valuation allowance	26,121	10,210	2,474
Change in deferred tax asset valuation allowance	(126)	(4,797)	(460)
Income tax expense	$ 25,995	$ 5,413	$ 2,014

INCOME TAXES - Income Tax Rate

INCOME TAXES - Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Statutory federal income tax rate	35.00%	35.00%	35.00%
Tax computed at statutory rate of 35%	$ 24,718	$ 9,491	$ 2,815
Effect of state income taxes, net of federal benefit	2,635	1,287	1,348
Change in state income tax rates	(361)	(1,899)	1,544
Gain on acquisition	0	0	(2,643)
Non-taxable interest income	(828)	(437)	(79)
Non-taxable bank-owned life insurance	(655)	(549)	(348)
Non-deductible merger costs	94	1,006	309
Write-off of acquired net operating losses subject to Section 382 limitation	0	652	0
Change in deferred tax asset valuation allowance	(126)	(4,797)	(460)
Other	518	659	(472)
Income tax expense	$ 25,995	$ 5,413	$ 2,014

INCOME TAXES - Significant Co92

INCOME TAXES - Significant Components of Deferred Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Net operating loss carryforward	$ 32,638	$ 40,073
Recognized built-in loss carryforward	5,899	7,580
Acquisition accounting fair value adjustments	4,998	12,885
Allowance for loan losses	3,673	2,990
Federal tax credits carryforward	4,112	3,140
Unrealized losses on securities	2,055	667
Unrealized losses on cash flow hedges	2,596	728
Stock-based compensation	1,997	2,094
Capitalized leases	1,110	1,167
Deferred compensation	1,831	3,024
Other	0	2,942
Total deferred tax assets	60,909	77,290
Valuation allowance	(1,059)	(1,185)
Net deferred tax assets	59,850	76,105
Deferred tax liabilities:
Premises and equipment	3,262	2,568
Prepaid expenses	680	478
Other	301	0
Total deferred tax liabilities	4,243	3,046
Net deferred tax asset	$ 55,607	$ 73,059

INCOME TAXES - Net Operating Lo

INCOME TAXES - Net Operating Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 87,264
Operating loss carryforward, recognized built-in losses in excess of annual tax limitations	16,855
Net operating loss carryforwards, subject to expiration	$ 1,917
Period of cumulative pre-tax income position	3 years
Net income (loss), before NOL	$ 43,400
Loans and leases receivable, ratio of nonperforming loans to all loans	1.06%	0.92%
Loans and leases receivable, ratio of nonperforming assets to total assets	1.07%	0.93%
Classified asset ratio to tier one capital plus allowance for loan losses (in percent)	23.00%	22.00%
Change in deferred tax asset valuation allowance	$ 126	$ 4,797	$ 460
Valuation allowance	1,059	$ 1,185
Piedmont Community Bank Holdings Inc
Operating Loss Carryforwards [Line Items]
Change in deferred tax asset valuation allowance	$ 4,706
Yadkin Financial Corporation
Operating Loss Carryforwards [Line Items]
Tier one leverage capital to average assets	9.42%	9.33%
Capital to risk weighted assets	11.96%	12.34%
Yadkin Bank
Operating Loss Carryforwards [Line Items]
Tier one leverage capital to average assets	10.34%	10.13%
Capital to risk weighted assets	11.99%	12.18%

REGULATORY MATTERS (Details)

REGULATORY MATTERS (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Aggregate net reserve balance	$ 0	$ 0
Yadkin Financial Corporation
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital, Actual Amount	$ 447,320,000	$ 425,720,000
Total Capital to Risk-Weighted Assets, Actual Ratio (in percent)	11.96%	12.34%
Total Capital to Risk-Weighted Assets, Minimum for capital adequacy purposes, Amount	$ 299,164,000	$ 276,064,000
Total Capital to Risk-Weighted Assets, Minimum for capital adequacy purposes, Ratio	8.00%	8.00%
Tier 1 Capital to Risk Weighted Assets, Actual Amount	$ 396,032,000	$ 375,095,000
Tier 1 Capital to Risk-Weighted Assets, Actual Ratio (in percent)	10.59%	10.87%
Tier 1 Capital to Risk-Weighted Assets, Minimum for capital adequacy purposes, Amount	$ 224,373,000	$ 138,032,000
Tier 1 Capital to Risk-Weighted Assets, Minimum for capital adequacy purposes, Ratio (as percent)	6.00%	4.00%
Tier 1 Capital to Average Assets, Actual Amount	$ 396,032,000	$ 375,095,000
Tier 1 Capital to Average Assets, Actual Ratio (as a percentage)	9.42%	9.33%
Tier 1 Capital to Average Assets, Minimum for capital adequacy purposes, Amount	$ 168,078,000	$ 160,773,000
Tier 1 Capital to Average Assets, Minimum for capital adequacy purposes, Ratio (in percent)	4.00%	4.00%
Common Equity Tier 1 Capital, Actual Amount	$ 394,524,000
Common Equity Tier 1 Capital, Actual Ratio (in percent)	10.55%
Common Equity Tier 1 Capital, Minimum for capital adequacy purposes, Amount	$ 168,280,000
Common Equity Tier 1 Capital, Minimum for capital adequacy purposes, Ratio (in percent)	4.50%
Yadkin Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital, Actual Amount	$ 447,945,000	$ 419,875,000
Total Capital to Risk-Weighted Assets, Actual Ratio (in percent)	11.99%	12.18%
Total Capital to Risk-Weighted Assets, Minimum for capital adequacy purposes, Amount	$ 298,776,000	$ 275,674,000
Total Capital to Risk-Weighted Assets, Minimum for capital adequacy purposes, Ratio	8.00%	8.00%
Total Capital to Risk-Weighted Assets, Minimum to be well capitalized under prompt corrective action provisions, Amount	$ 373,470,000	$ 344,592,000
Total Capital to Risk-Weighted Assets, Minimum to be well capitalized under prompt corrective action provisions, Ratio (in percent)	10.00%	10.00%
Tier 1 Capital to Risk Weighted Assets, Actual Amount	$ 434,707,000	$ 407,300,000
Tier 1 Capital to Risk-Weighted Assets, Actual Ratio (in percent)	11.64%	11.82%
Tier 1 Capital to Risk-Weighted Assets, Minimum for capital adequacy purposes, Amount	$ 224,082,000	$ 137,837,000
Tier 1 Capital to Risk-Weighted Assets, Minimum for capital adequacy purposes, Ratio (as percent)	6.00%	4.00%
Tire 1 Capital to Risk-Weighted Assets, Minimum to be well capitalized under prompt corrective action provisions, Amount	$ 298,776,000	$ 206,755,000
Tier 1 Capital to Risk-Weighted Assets, Minimum to be well capitalized under prompt corrective action provisions, Ratio (as percent)	8.00%	6.00%
Tier 1 Capital to Average Assets, Actual Amount	$ 434,707,000	$ 407,300,000
Tier 1 Capital to Average Assets, Actual Ratio (as a percentage)	10.34%	10.13%
Tier 1 Capital to Average Assets, Minimum for capital adequacy purposes, Amount	$ 168,183,000	$ 160,812,000
Tier 1 Capital to Average Assets, Minimum for capital adequacy purposes, Ratio (in percent)	4.00%	4.00%
Tier 1 Capital to Average Assets, Minimum to be well capitalized under prompt corrective action provisions, Amount	$ 210,229,000	$ 201,015,000
Tier 1 Capital to Average Assets, Minimum to be well capitalized under prompt corrective action provisions, Ratio (in percent)	5.00%	5.00%
Common Equity Tier 1 Capital, Actual Amount	$ 434,707,000
Common Equity Tier 1 Capital, Actual Ratio (in percent)	11.64%
Common Equity Tier 1 Capital, Minimum for capital adequacy purposes, Amount	$ 168,061,000
Common Equity Tier 1 Capital, Minimum for capital adequacy purposes, Ratio (in percent)	4.50%
Common Equity Tier 1 Capital, Minimum to be well capitalized under prompt corrective action provisions, Amount	$ 242,755,000
Common Equity Tier 1 Capital, Minimum to be well capitalized under prompt corrective action provisions, Ratio (in percent)	6.50%

DERIVATIVE FINANCIAL INSTRUME95

DERIVATIVE FINANCIAL INSTRUMENTS - Terms of Interest Swaps and Caps (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Pay fixed interest rate swaps
Derivative [Line Items]
Notional Amount	$ 125,000
FHLB Advance Swap 1
Derivative [Line Items]
Notional Amount	$ 25,000
Effective Start Date	Feb. 5, 2016
Maturity Date	Feb. 5, 2021
Pay Fixed Rate	2.70%
FHLB Advance Swap 2
Derivative [Line Items]
Notional Amount	$ 50,000
Effective Start Date	Aug. 5, 2016
Maturity Date	Aug. 5, 2021
Pay Fixed Rate	2.88%
FHLB Advance Swap 3
Derivative [Line Items]
Notional Amount	$ 25,000
Effective Start Date	Oct. 5, 2017
Maturity Date	Oct. 5, 2027
Pay Fixed Rate	2.54%
FHLB Advance Swap 4
Derivative [Line Items]
Notional Amount	$ 25,000
Effective Start Date	Mar. 5, 2018
Maturity Date	Mar. 5, 2028
Pay Fixed Rate	2.58%
Loan Swap
Derivative [Line Items]
Notional Amount	$ 40,000
Pay Fixed Rate	1.23%
Interest rate caps
Derivative [Line Items]
Notional Amount	$ 50,500
Cap 1
Derivative [Line Items]
Notional Amount	$ 7,500
Effective Start Date	Jul. 1, 2012
Maturity Date	Jul. 1, 2017
Strike Rate	0.47%
Cap 1 | 3-Month LIBOR
Derivative [Line Items]
Variable rate spread (as a percentage)	4.00%
Cap 2
Derivative [Line Items]
Notional Amount	$ 8,000
Effective Start Date	Jul. 7, 2012
Maturity Date	Jul. 7, 2017
Strike Rate	0.47%
Cap 2 | 3-Month LIBOR
Derivative [Line Items]
Variable rate spread (as a percentage)	3.10%
Cap 3
Derivative [Line Items]
Notional Amount	$ 25,000
Effective Start Date	Sep. 15, 2014
Maturity Date	Sep. 15, 2019
Strike Rate	1.82%
Cap 3 | 3-Month LIBOR
Derivative [Line Items]
Variable rate spread (as a percentage)	1.32%
Cap 4
Derivative [Line Items]
Notional Amount	$ 10,000
Effective Start Date	Sep. 30, 2014
Maturity Date	Sep. 30, 2019
Strike Rate	1.85%
Cap 4 | 3-Month LIBOR
Derivative [Line Items]
Variable rate spread (as a percentage)	2.80%
Designated as Hedging Instrument | Terminated Swap 1
Derivative [Line Items]
Notional Amount	$ 25,000
Derivative, Termination Fee	72
Designated as Hedging Instrument | Terminated Swap 2
Derivative [Line Items]
Notional Amount	25,000
Derivative, Termination Fee	72
Designated as Hedging Instrument | Terminated Swap 3
Derivative [Line Items]
Notional Amount	25,000
Derivative, Termination Fee	74
Designated as Hedging Instrument | Terminated Swap 4
Derivative [Line Items]
Notional Amount	25,000
Derivative, Termination Fee	811
Designated as Hedging Instrument | Terminated Swap 5
Derivative [Line Items]
Notional Amount	25,000
Derivative, Termination Fee	183
Designated as Hedging Instrument | Terminated Swap 6
Derivative [Line Items]
Notional Amount	25,000
Derivative, Termination Fee	$ 381

DERIVATIVE FINANCIAL INSTRUME96

DERIVATIVE FINANCIAL INSTRUMENTS - Balance Sheet Location and Fair Value of Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Pay fixed interest rate swaps | Loans: | Other liabilities
Notional Amount	$ 40,000	$ 0
Fair Value	493	0
Pay fixed interest rate swaps | FHLB advances: | Other assets
Notional Amount	0	75,000
Fair Value	0	795
Pay fixed interest rate swaps | FHLB advances: | Other liabilities
Notional Amount	125,000	100,000
Fair Value	3,822	2,249
Pay fixed interest rate swaps | Brokered money market deposits: | Other liabilities
Notional Amount	0	50,000
Fair Value	0	200
Interest rate caps | Subordinated term loan: | Other liabilities
Notional Amount	7,500	7,500
Fair Value	61	128
Interest rate caps | TRUPs: | Other assets
Notional Amount	43,000	43,000
Fair Value	482	1,104
Interest rate lock commitments | Loans: | Other assets
Notional Amount	30,313	23,274
Fair Value	408	342
Forward sale commitments | Loans: | Other assets
Notional Amount	52,862	0
Fair Value	106	0
Forward sale commitments | Loans: | Other liabilities
Notional Amount	0	34,727
Fair Value	$ 0	$ 49

COMMITMENTS AND CONTINGENCIES97

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Lending commitments:
Commitments to extend credit	$ 799,058	$ 658,925
Financial standby letters of credit	16,342	12,421
Other commitments:
Standby letters of credit issued by the FHLB on the Bank's behalf	10,000	10,000
Capital commitments to private investment funds	4,751	2,280
Reserve for unfunded commitments	$ 603	$ 522

FAIR VALUE MEASUREMENTS- Change

FAIR VALUE MEASUREMENTS- Change in Fair Value of Available for Sale Securities (Details) - Available-for-sale Securities - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Level 3 AFS securities at beginning of period	$ 11,290	$ 7,583	$ 0
Purchases	5,390	4,600	7,505
Sales, calls or maturities	(4,120)	(1,000)	0
Transfers out of Level 3	(6,000)	0	0
Changes in unrealized gains and losses	168	107	78
Level 3 AFS securities at end of period	$ 6,728	$ 11,290	$ 7,583

FAIR VALUE MEASUREMENTS- Chan99

FAIR VALUE MEASUREMENTS- Change in Fair Value of Interest Rate Commitments (Details) - Interest rate lock commitments - Level 3 - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Interest rate lock commitments at beginning of period	$ 342	$ 354	$ 795
Fair value of acquired Yadkin interest rate lock commitments	0	231	0
Issuances	1,620	2,366	2,909
Settlements	(1,554)	(2,609)	(3,350)
Interest rate lock commitments at end of period	$ 408	$ 342	$ 354

FAIR VALUE MEASUREMENTS- Assets

FAIR VALUE MEASUREMENTS- Assets and Liabilities on Recurring and Nonrecurring Basis and Level 3 Valuation Measurements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Investment securities available for sale	$ 689,132	$ 672,421
Foreclosed assets	15,346	12,891
Derivative assets	996	2,368
Derivative liabilities	4,376	2,497
Level 1
Investment securities available for sale	16,532	66,028
SBA loans held for investment	0	0
Derivative assets	0	0
Derivative liabilities	0	0
Level 2
Investment securities available for sale	665,872	595,103
SBA loans held for investment	40,500	40,404
Derivative assets	588	2,027
Derivative liabilities	4,376	2,497
Level 3
Investment securities available for sale	6,728	11,290
SBA loans held for investment	0	0
Derivative assets	408	342
Derivative liabilities		0
Recurring | Level 1
Derivative assets	0	0
Derivative liabilities	0	0
Recurring | Level 1 | GSE obligations
Investment securities available for sale	0	0
Recurring | Level 1 | SBA-guaranteed securities
Investment securities available for sale	12,176	60,120
SBA-guaranteed loans held for sale	0	0
SBA loans held for investment	0	0
Recurring | Level 1 | Mortgage-backed securities issued by GSE
Investment securities available for sale	0	0
Recurring | Level 1 | Collateralized loan obligations
Investment securities available for sale	0
Recurring | Level 1 | Corporate bonds
Investment securities available for sale	2,485	2,545
Recurring | Level 1 | Non-agency RMBS
Investment securities available for sale	0	0
Recurring | Level 1 | Non-agency CMBS
Investment securities available for sale		0
Recurring | Level 1 | Municipal bonds
Investment securities available for sale	0	0
Recurring | Level 1 | Other debt securities
Investment securities available for sale	245	498
Recurring | Level 1 | Marketable equity securities
Investment securities available for sale	1,626	2,865
Recurring | Level 2
Derivative assets	588	2,026
Recurring | Level 2 | GSE obligations
Investment securities available for sale	5,982	14,944
Recurring | Level 2 | SBA-guaranteed securities
Investment securities available for sale	0	0
SBA-guaranteed loans held for sale	23,664	8,365
SBA loans held for investment	20,423	8,906
Recurring | Level 2 | Mortgage-backed securities issued by GSE
Investment securities available for sale	435,625	425,283
Recurring | Level 2 | Collateralized loan obligations
Investment securities available for sale	50,483
Recurring | Level 2 | Corporate bonds
Investment securities available for sale	115,427	106,077
Recurring | Level 2 | Non-agency RMBS
Investment securities available for sale	3,663	4,963
Recurring | Level 2 | Non-agency CMBS
Investment securities available for sale		3,578
Recurring | Level 2 | Municipal bonds
Investment securities available for sale	54,692	40,258
Recurring | Level 2 | Other debt securities
Investment securities available for sale	0	0
Recurring | Level 2 | Marketable equity securities
Investment securities available for sale	0	0
Recurring | Level 3
Derivative assets	408	342
Derivative liabilities	0	0
Recurring | Level 3 | Available-for-sale Securities | Pricing model
Investment securities available for sale	$ 6,728	11,290
Valuation Technique	Pricing model
Unobservable Input	Illiquidity or credit factor in discount rates
Recurring | Level 3 | Available-for-sale Securities | Pricing model | Minimum
Illiquidity of credit (as a percentage)	1.00%
Recurring | Level 3 | Available-for-sale Securities | Pricing model | Maximum
Illiquidity of credit (as a percentage)	2.00%
Recurring | Level 3 | Interest rate lock commitments | Pricing model
Interest rate derivative assets, at fair value	$ 408	342
Valuation Technique	Pricing model
Unobservable Input	Pull through rates
Recurring | Level 3 | Interest rate lock commitments | Pricing model | Minimum
Pull through rates (as a percentage)	80.00%
Recurring | Level 3 | Interest rate lock commitments | Pricing model | Maximum
Pull through rates (as a percentage)	95.00%
Recurring | Level 3 | GSE obligations
Investment securities available for sale	$ 0	0
Recurring | Level 3 | SBA-guaranteed securities
Investment securities available for sale	0	0
SBA-guaranteed loans held for sale	0	0
SBA loans held for investment	0	0
Recurring | Level 3 | Mortgage-backed securities issued by GSE
Investment securities available for sale	0	0
Recurring | Level 3 | Collateralized loan obligations
Investment securities available for sale	0
Recurring | Level 3 | Corporate bonds
Investment securities available for sale	5,620	11,290
Recurring | Level 3 | Non-agency RMBS
Investment securities available for sale	0	0
Recurring | Level 3 | Non-agency CMBS
Investment securities available for sale		0
Recurring | Level 3 | Municipal bonds
Investment securities available for sale	1,108	0
Recurring | Level 3 | Other debt securities
Investment securities available for sale	0	0
Recurring | Level 3 | Marketable equity securities
Investment securities available for sale	0	0
Nonrecurring | Level 1 | Impaired loans
Impaired loans	0	0
Nonrecurring | Level 1 | Foreclosed assets
Foreclosed assets	0	0
Nonrecurring | Level 2 | Impaired loans
Impaired loans	0	0
Nonrecurring | Level 2 | Foreclosed assets
Foreclosed assets	0	0
Nonrecurring | Level 3 | Impaired loans
Impaired loans	$ 15,066	9,595
Nonrecurring | Level 3 | Impaired loans | Discounted appraisals
Valuation Technique	Discounted appraisals
Unobservable Input	Collateral discounts
Nonrecurring | Level 3 | Impaired loans | Discounted appraisals | Minimum
Collateral discounts (as a percentage)	15.00%
Nonrecurring | Level 3 | Impaired loans | Discounted appraisals | Maximum
Collateral discounts (as a percentage)	50.00%
Nonrecurring | Level 3 | Impaired loans | Discounted expected cash flows
Valuation Technique	Discounted expected cash flows
Unobservable Input	Expected loss rates
Nonrecurring | Level 3 | Impaired loans | Discounted expected cash flows | Minimum
Expected loss rates (as a percentage)	0.00%
Discount rates (as a percent)	2.00%
Nonrecurring | Level 3 | Impaired loans | Discounted expected cash flows | Maximum
Expected loss rates (as a percentage)	75.00%
Discount rates (as a percent)	8.00%
Nonrecurring | Level 3 | Impaired loans | Discount rates
Unobservable Input	Discount rates
Nonrecurring | Level 3 | Foreclosed assets
Foreclosed assets	$ 15,346	12,891
Nonrecurring | Level 3 | Foreclosed assets | Discounted appraisals
Foreclosed assets		12,891
Valuation Technique	Discounted appraisals
Unobservable Input	Collateral discounts
Nonrecurring | Level 3 | Foreclosed assets | Discounted appraisals | Minimum
Collateral discounts (as a percentage)	15.00%
Nonrecurring | Level 3 | Foreclosed assets | Discounted appraisals | Maximum
Collateral discounts (as a percentage)	50.00%
Estimate of Fair Value Measurement
Investment securities available for sale	$ 689,132	672,421
SBA loans held for investment	40,500	40,404
Derivative assets	996	2,368
Derivative liabilities	4,376	2,497
Estimate of Fair Value Measurement | Recurring
Derivative assets	996	2,368
Estimate of Fair Value Measurement | Recurring | GSE obligations
Investment securities available for sale	5,982	14,944
Estimate of Fair Value Measurement | Recurring | SBA-guaranteed securities
Investment securities available for sale	12,176	60,120
SBA-guaranteed loans held for sale	23,664	8,365
SBA loans held for investment	20,423	8,906
Estimate of Fair Value Measurement | Recurring | Mortgage-backed securities issued by GSE
Investment securities available for sale	435,625	425,283
Estimate of Fair Value Measurement | Recurring | Collateralized loan obligations
Investment securities available for sale	50,483
Estimate of Fair Value Measurement | Recurring | Corporate bonds
Investment securities available for sale	123,532	119,912
Estimate of Fair Value Measurement | Recurring | Non-agency RMBS
Investment securities available for sale	3,663	4,963
Estimate of Fair Value Measurement | Recurring | Non-agency CMBS
Investment securities available for sale		3,578
Estimate of Fair Value Measurement | Recurring | Municipal bonds
Investment securities available for sale	55,800	40,258
Estimate of Fair Value Measurement | Recurring | Other debt securities
Investment securities available for sale	245	498
Estimate of Fair Value Measurement | Recurring | Marketable equity securities
Investment securities available for sale	1,626	2,865
Estimate of Fair Value Measurement | Nonrecurring | Impaired loans
Impaired loans	15,066	9,595
Estimate of Fair Value Measurement | Nonrecurring | Foreclosed assets
Foreclosed assets	15,346	12,891
Estimate of Fair Value Measurement | Nonrecurring | Foreclosed assets | Discounted appraisals
Foreclosed assets	15,346
Pay fixed interest rate swaps | Recurring | Level 2
Derivative liabilities	4,376	2,497
Pay fixed interest rate swaps | Estimate of Fair Value Measurement | Recurring
Derivative liabilities	$ 4,376	$ 2,497

FAIR VALUE MEASUREMENTS- Carryi

FAIR VALUE MEASUREMENTS- Carrying Amounts and Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Financial assets:
Cash and cash equivalents	$ 111,918	$ 132,365	$ 100,780	$ 50,513
Investment securities available for sale	689,132	672,421
Investment securities held to maturity	39,182	39,620
Loans held for sale	47,287	20,205
Loans, net	3,066,775	2,890,449
Federal Home Loan Bank stock	24,844	19,499
Derivative assets	996	2,368
Purchased accounts receivable	52,688	44,821
Accrued interest receivable	12,695	12,071
Financial liabilities:
Deposits	3,310,297	3,247,364
Short-term borrowings	375,500	250,500
Long-term debt	194,967	180,164
Derivative liabilities	4,376	2,497
Accrued interest payable	2,550	2,688
Level 1
Financial assets:
Cash and cash equivalents, Fair Value	111,918	132,365
Investment securities available for sale	16,532	66,028
SBA loans held for investment	0	0
Loans held for sale, Fair Value	0	0
Loans, net, Fair Value	0	0
Federal Home Loan Bank stock, at cost	0	0
Derivative assets	0	0
Purchased accounts receivable, fair value	0	0
Accrued interest receivable, Fair Value	0	0
Financial liabilities:
Deposits, Fair Value	0	0
Short term borrowings, Fair Value	0	0
Long-term debt, Fair Value	0	0
Derivative liabilities	0	0
Accrued interest payable, Fair Value	0	0
Level 2
Financial assets:
Cash and cash equivalents, Fair Value	0	0
Investment securities available for sale	665,872	595,103
SBA loans held for investment	40,500	40,404
Loans held for sale, Fair Value	47,287	20,205
Loans, net, Fair Value	23,664	1,241
Federal Home Loan Bank stock, at cost	24,844	19,499
Derivative assets	588	2,027
Purchased accounts receivable, fair value	52,688	44,821
Accrued interest receivable, Fair Value	12,695	12,071
Financial liabilities:
Deposits, Fair Value	3,310,306	3,245,431
Short term borrowings, Fair Value	0	0
Long-term debt, Fair Value	0	0
Derivative liabilities	4,376	2,497
Accrued interest payable, Fair Value	2,550	2,688
Level 3
Financial assets:
Cash and cash equivalents, Fair Value	0	0
Investment securities available for sale	6,728	11,290
SBA loans held for investment	0	0
Loans held for sale, Fair Value	0	0
Loans, net, Fair Value	3,068,797	2,918,332
Federal Home Loan Bank stock, at cost	0	0
Derivative assets	408	342
Purchased accounts receivable, fair value	0	0
Accrued interest receivable, Fair Value	0	0
Financial liabilities:
Deposits, Fair Value	0	0
Short term borrowings, Fair Value	375,500	250,500
Long-term debt, Fair Value	198,928	183,326
Derivative liabilities		0
Accrued interest payable, Fair Value	0	0
Estimate of Fair Value Measurement
Financial assets:
Cash and cash equivalents, Fair Value	111,918	132,365
Investment securities available for sale	689,132	672,421
SBA loans held for investment	40,500	40,404
Loans held for sale, Fair Value	47,287	20,205
Loans, net, Fair Value	3,092,461	2,919,573
Federal Home Loan Bank stock, at cost	24,844	19,499
Derivative assets	996	2,368
Purchased accounts receivable, fair value	52,688	44,821
Accrued interest receivable, Fair Value	12,695	12,071
Financial liabilities:
Deposits, Fair Value	3,310,306	3,245,431
Short term borrowings, Fair Value	375,500	250,500
Long-term debt, Fair Value	198,928	183,326
Derivative liabilities	4,376	2,497
Accrued interest payable, Fair Value	$ 2,550	$ 2,688

EMPLOYEE AND DIRECTOR BENEFI102

EMPLOYEE AND DIRECTOR BENEFIT PLANS- Plan Details (Details)	12 Months Ended
	Dec. 31, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted/vested (in shares)	0
2013 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted/vested (in shares)	0
Number of shares available for grant	195,000
Restricted Stock | 2013 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant	105,000

EMPLOYEE AND DIRECTOR BENEFI103

EMPLOYEE AND DIRECTOR BENEFIT PLANS- Summary of the Company’s Stock Option Plans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options acquired	38,808
Weighted average exercise price, options acquired	$ 39.98
Outstanding Options, Number
Options, Outstanding, Period Start (in shares)	78,467
Granted/vested (in shares)	0
Exercised (in shares)	22,737
Expired (in shares)	14,786
Forfeited (in shares)	7,136
Options, Outstanding, Period End (in shares)	33,808	78,467
Outstanding Options, Weighted Average Option Price
Options, Outstanding, Period Start, Weighted Average Option Price (in dollars per share)	$ 31.06
Exercised (in dollars per share)	15.23
Expired (in dollars per share)	31.91
Forfeited (in dollars per share)	37.55
Options, Outstanding, Period End, Weighted Average Option Price (in dollars per share)	$ 39.98	$ 31.06
Exercisable Options, Number
Options, Exercisable, Period Start (in shares)	78,467
Exercised (in shares)	22,737
Expired (in shares)	14,786
Forfeited (in shares)	7,136
Options, Exercisable, Period End (in shares)	33,808	78,467
Exercisable Options, Weighted Average Option Price
Exercisable, Weighted Average Option Price, Period Start (in dollars per share)	$ 31.06
Exercised (in dollars per share)	15.23
Expired (in dollars per share)	31.91
Forfeited (in dollars per share)	37.55
Exercisable, Weighted Average Option Price, Period End (in dollars per share)	$ 39.98	$ 31.06
Weighted average remaining life of options exercisable (in years)	1 year 2 months 16 days	1 year 8 months 19 days
Stock Options
Exercisable Options, Weighted Average Option Price
Compensation cost charged to earnings related to stock options	$ 0	$ 0	$ 0
Aggregate intrinsic value of total options outstanding	15,000
Compensation not yet recognized, stock options	$ 1,641,000	$ 0
2008 Omnibus Stock Ownership and Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant	9,621
Outstanding Options, Number
Granted/vested (in shares)	0
2013 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant	195,000
Outstanding Options, Number
Granted/vested (in shares)	0

EMPLOYEE AND DIRECTOR BENEFI104

EMPLOYEE AND DIRECTOR BENEFIT PLANS- Range of Exercise Prices for Options Outstanding and Exercisable (Details)	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Options Outstanding (in shares)	33,808
Stock Options Exercisable (in shares)	33,808
$10.01 - $20.00
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Options Outstanding (in shares)	1,405
Stock Options Exercisable (in shares)	1,405
Range of Exercise Price, lower range limit (in dollars per share) | $ / shares	$ 10.01
Range of Exercise Price, upper range limit (in dollars per share) | $ / shares	$ 20
$20.01 - $30.00
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Options Outstanding (in shares)	2,419
Stock Options Exercisable (in shares)	2,419
Range of Exercise Price, lower range limit (in dollars per share) | $ / shares	$ 20.01
Range of Exercise Price, upper range limit (in dollars per share) | $ / shares	$ 30
$30.01 - $40.00
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Options Outstanding (in shares)	8,409
Stock Options Exercisable (in shares)	8,409
Range of Exercise Price, lower range limit (in dollars per share) | $ / shares	$ 30.01
Range of Exercise Price, upper range limit (in dollars per share) | $ / shares	$ 40
$40.01 - $50.00
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Options Outstanding (in shares)	21,575
Stock Options Exercisable (in shares)	21,575
Range of Exercise Price, lower range limit (in dollars per share) | $ / shares	$ 40.01
Range of Exercise Price, upper range limit (in dollars per share) | $ / shares	$ 50

EMPLOYEE AND DIRECTOR BENEFI105

EMPLOYEE AND DIRECTOR BENEFIT PLANS- Restricted Stock Award Plans (Details) - Restricted Stock - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Shares
Non-vested at January 1, 2015 (in shares)	936
Granted (in shares)	105,000
Vested (in shares)	936
Non-vested at December 31, 2015 (in shares)	105,000
Weighted Average Grant Date Fair Value
Non-vested at January 1, 2015 (in shares)	$ 10.68
Granted (in dollars per share)	20.09
Vested (in dollars per share)	10.68
Non-vested at December 31, 2015 (in shares)	$ 20.09
Compensation cost recognized, share-based awards other than options	$ 352	$ 336	$ 8

EMPLOYEE AND DIRECTOR BENEFI106

EMPLOYEE AND DIRECTOR BENEFIT PLANS- Defined Contribution Plan (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Pension Plan
Defined Contribution Plan Disclosure [Line Items]
Maximum annual contribution per employee, percentage	4.00%
Defined Contribution Plan, Cost Recognized	$ 1,811,000	$ 1,252,000	$ 1,140,000
Stock Options
Defined Contribution Plan Disclosure [Line Items]
Compensation cost charged to earnings related to stock options	$ 0	$ 0	$ 0

EMPLOYEE AND DIRECTOR BENEFI107

EMPLOYEE AND DIRECTOR BENEFIT PLANS- Piedmont Stock Warrants (Details) $ in Thousands	Jul. 04, 2014shares	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)shares	Dec. 31, 2011	Dec. 31, 2010Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of directors warrants granted to | Director						2
Stock-based compensation | $		$ 596	$ 941	$ 1,153
Investment Hurdle		8.00%
Yadkin Financial Corporation
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued in trust | shares	856,447
Piedmont Community Bank Holdings Inc | Yadkin Financial Corporation
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock exchange ratio | shares	6.28597
Piedmont Community Bank Holdings Inc | Common Stock Warrants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award requisite service period (in years)		10 years
Vesting rate (as a percent)			25.00%		25.00%	25.00%
Increase in initial exercise price (as a percent)		8.00%
Warrants outstanding (in shares) | shares				146,666
Stock-based compensation | $		$ 605		$ 1,145
Nonvested awards, compensation not yet recognized, share-based awards other than options | $		$ 0	$ 245
Vesting on Grant Date | Common Stock Warrants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Percent		25.00%
Vesting on the First Anniversary | Common Stock Warrants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Percent		25.00%
Vesting on the Second Anniversary | Common Stock Warrants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Percent		25.00%
Vesting on the Third Anniversary | Common Stock Warrants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Percent		25.00%

ACCUMULATED OTHER COMPREHENS108

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Components of AOCI (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	$ (2,244)	$ (4,173)	$ 1,818
Other comprehensive income (loss) before reclassifications	(5,372)	2,005	(5,244)
Amounts reclassified for securities gains	99	(76)	(747)
Net change in AOCI	(5,273)	1,929	(5,991)
Non-controlling interests			(1,448)
Ending Balance	(7,517)	(2,244)	(2,725)
Ending Balance	(7,517)	(2,244)	(4,173)
Investment Securities Available For Sale
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	(1,185)	(6,554)	2,085
Other comprehensive income (loss) before reclassifications	(2,136)	5,445	(7,892)
Amounts reclassified for securities gains	0	(76)	(747)
Net change in AOCI	(2,136)	5,369	(8,639)
Non-controlling interests			(2,197)
Ending Balance			(4,357)
Ending Balance	(3,321)	(1,185)	(6,554)
Cash Flow Hedges
Accumulated Other Comprehensive Income [Roll Forward]
Beginning Balance	(1,059)	2,381	(267)
Other comprehensive income (loss) before reclassifications	(3,236)	(3,440)	2,648
Amounts reclassified for securities gains	99	0	0
Net change in AOCI	(3,137)	(3,440)	2,648
Non-controlling interests			749
Ending Balance			1,632
Ending Balance	$ (4,196)	$ (1,059)	$ 2,381

ACCUMULATED OTHER COMPREHENS109

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Reclassifications out of AOCI (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense	$ 25,995	$ 5,413	$ 2,014
AFS securities: | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gross reclassification	0	(126)	(1,215)
Income tax expense	0	50	468
Reclassification, net of tax	0	(76)	(747)
Cash flow hedges: | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gross reclassification	161	0	0
Income tax expense	(62)	0	0
Reclassification, net of tax	$ 99	$ 0	$ 0

PARENT COMPANY FINANCIAL DATA C

PARENT COMPANY FINANCIAL DATA Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Assets:
Cash and cash equivalents	$ 60,783	$ 65,312
Investment securities available for sale	689,132	672,421
Deferred tax asset, net	59,850	76,105
Accrued interest receivable and other assets	53,032	36,506
Total assets	4,474,144	4,268,034
Liabilities and Shareholders' Equity:
Long-term debt	194,967	180,164
Accrued interest payable and other liabilities	30,831	32,204
Total liabilities	3,911,595	3,710,232
Total liabilities and shareholders' equity	4,474,144	4,268,034
Parent Company
Assets:
Cash and cash equivalents	5,066	2,825	$ 631	$ 53
Investment securities available for sale	379	1,069
Investment in subsidiaries	619,144	615,570
Deferred tax asset, net	0	650
Accrued interest receivable and other assets	2,660	2,286
Total assets	627,249	622,400
Liabilities and Shareholders' Equity:
Long-term debt	63,106	62,481
Accrued interest payable and other liabilities	1,594	2,117
Total liabilities	64,700	64,598
Total shareholders' equity before non-controlling interests	562,549	557,802
Total liabilities and shareholders' equity	$ 627,249	$ 622,400

PARENT COMPANY FINANCIAL DAT111

PARENT COMPANY FINANCIAL DATA Condensed Statements of Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income:
Dividends from subsidiaries	$ 178,703	$ 134,548	$ 79,090
Expense:
Interest expense	19,553	13,980	8,653
Other expenses	15,290	12,087	8,322
Income before income taxes	70,622	27,118	7,887
Income tax benefit	(25,995)	(5,413)	(2,014)
Net income	44,627	21,705	5,873
Dividends on preferred stock	822	1,269	0
Net income attributable to non-controlling interests	0	2,466	3,601
Net income available to common shareholders	43,805	17,970	2,272
Parent Company
Income:
Dividends from subsidiaries	40,108	8,058	0
Other income	105	54	0
Total income	40,213	8,112	0
Expense:
Interest expense	3,754	2,331	0
Other expenses	1,465	837	1,247
Total expenses	5,219	3,168	1,247
Income before income taxes	34,994	4,944	(1,247)
Income tax benefit	1,744	5,647	0
Income (loss) before equity in undistributed earnings of subsidiaries	36,738	10,591	(1,247)
Equity in undistributed earnings of subsidiaries	7,889	11,114	7,120
Net income	44,627	21,705	5,873
Dividends on preferred stock	822	1,269	0
Net income attributable to non-controlling interests	0	2,466	3,470
Net income available to common shareholders	$ 43,805	$ 17,970	$ 2,403

PARENT COMPANY FINANCIAL DAT112

PARENT COMPANY FINANCIAL DATA Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income	$ 44,627	$ 21,705	$ 5,873
Deferred income taxes	20,706	9,905	2,474
Net change in other assets	(13,811)	(7,120)	(13,870)
Net change in interest payable and other liabilities	(1,235)	7,709	(1,919)
Net cash provided by (used in) operating activities	18,355	14,169	(6,694)
Cash flows from investing activities:
Proceeds from sales of investment securities available for sale	87,123	128,162	174,326
Purchases of interest rate caps	0	(1,278)	0
Net cash received in business combinations	0	36,116	24,008
Net cash used in investing activities	(239,983)	(184,223)	(130,662)
Cash flows from financing activities:
Proceeds from issuance of long-term debt, net	104,746	101,308	36,600
Repurchase of preferred stock	(28,405)	0	0
Distribution to legacy shareholders of Piedmont Community Bank Holdings, Inc.	0	(9,809)	0
Dividends paid on preferred and common stock	(822)	(1,269)	0
Net cash provided by financing activities	201,181	201,639	187,623
Net change in cash and cash equivalents	(20,447)	31,585	50,267
Cash and cash equivalents, beginning balance	65,312
Cash and cash equivalents, ending balance	60,783	65,312
Parent Company
Cash flows from operating activities:
Net income	44,627	21,705	5,873
Deferred income taxes	(1,744)	(5,647)	0
Equity in undistributed earnings of subsidiaries	(7,889)	(11,114)	(7,120)
Net change in other assets	1,543	258	346
Net change in interest payable and other liabilities	(524)	(281)	(801)
Other, net	791	419	280
Net cash provided by (used in) operating activities	36,804	5,340	(1,422)
Cash flows from investing activities:
Proceeds from sales of investment securities available for sale	640	13	0
Purchases of interest rate caps	0	(1,278)	0
Investment in subsidiaries	0	(323)	0
Proceeds from repayment of investment in subsidiaries	0	6,014	2,000
Net cash received in business combinations	0	4,388	0
Net cash used in investing activities	640	8,814	2,000
Cash flows from financing activities:
Proceeds from issuance of long-term debt, net	346	5	0
Repurchase of common stock	0	(886)	0
Repurchase of preferred stock	(28,405)	0	0
Distribution to legacy shareholders of Piedmont Community Bank Holdings, Inc.	0	(9,810)	0
Dividends paid on preferred and common stock	(7,144)	(1,269)	0
Net cash provided by financing activities	(35,203)	(11,960)	0
Net change in cash and cash equivalents	2,241	2,194	578
Cash and cash equivalents, beginning balance	2,825	631	53
Cash and cash equivalents, ending balance	$ 5,066	$ 2,825	$ 631