ServisFirst Bancshares (SFBS) 10-Q 3 Nov 15 2015 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 01, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Entity Registrant Name	ServisFirst Bancshares, Inc.
Entity Central Index Key	1,430,723
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Trading Symbol	SFBS
Entity Common Stock, Shares Outstanding		25,903,698

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	[1]
ASSETS
Cash and due from banks	$ 50,481	$ 48,519
Interest-bearing balances due from depository institutions	165,982	248,054
Federal funds sold	26,229	891
Cash and cash equivalents	242,692	297,464
Available for sale debt securities, at fair value	306,666	298,310
Held to maturity debt securities (fair value of $28,511 and $29,974 at September 30, 2015 and December 31, 2014, respectively)	27,969	29,355
Restricted equity securities	4,954	3,921
Mortgage loans held for sale	5,387	5,984
Loans	4,044,242	3,359,858
Less allowance for loan losses	(42,574)	(35,629)
Loans, net	4,001,668	3,324,229
Premises and equipment, net	18,989	7,815
Accrued interest and dividends receivable	12,566	11,214
Deferred tax assets	19,872	15,716
Other real estate owned and repossessed assets	6,068	6,840
Bank owned life insurance contracts	90,964	86,288
Goodwill and other identifiable intangible assets	17,756	0
Other assets	17,050	11,543
Total assets	4,772,601	4,098,679
Deposits:
Noninterest-bearing	1,029,354	810,460
Interest-bearing	3,015,280	2,587,700
Total deposits	4,044,634	3,398,160
Federal funds purchased	228,415	264,315
Other borrowings	55,728	19,973
Accrued interest payable	2,947	1,940
Other liabilities	9,683	7,078
Total liabilities	4,341,407	3,691,466
Stockholders' equity:
Common stock, par value $.001 per share; 50,000,000 shares authorized; 25,903,698 shares issued and outstanding at September 30, 2015 and 24,801,518 shares issued and outstanding at December 31, 2014	26	25
Additional paid-in capital	210,331	185,397
Retained earnings	215,982	177,091
Accumulated other comprehensive income	4,478	4,490
Total stockholders' equity attributable to ServisFirst Bancshares, Inc.	430,817	406,961
Noncontrolling interest	377	252
Total stockholders' equity	431,194	407,213
Total liabilities and stockholders' equity	4,772,601	4,098,679
Series A Preferred Stock [Member]
Stockholders' equity:
Preferred stock	0	39,958
Undesignated Preferred Stock [Member]
Stockholders' equity:
Preferred stock	$ 0	$ 0
[1]	Derived from audited financial statements.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Held to maturity debt securities, fair value	$ 28,511	$ 29,974
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	25,903,698	24,801,518
Common stock, shares outstanding	25,903,698	24,801,518
Series A Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, liquidation preference	$ 1,000	$ 1,000
Preferred stock, authorized	40,000	40,000
Preferred stock, shares issued	0	40,000
Preferred stock, shares outstanding	0	40,000
Undesignated Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	1,000,000	1,000,000
Preferred stock, undesignated	960,000	960,000

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Interest income:
Interest and fees on loans	$ 44,401	$ 34,662	$ 125,152	$ 100,164
Taxable securities	1,041	1,131	3,273	3,354
Nontaxable securities	890	877	2,624	2,618
Federal funds sold	32	38	81	118
Other interest and dividends	168	149	394	308
Total interest income	46,532	36,857	131,524	106,562
Interest expense:
Deposits	3,818	3,123	10,600	9,164
Borrowed funds	852	415	1,814	1,252
Total interest expense	4,670	3,538	12,414	10,416
Net interest income	41,862	33,319	119,110	96,146
Provision for loan losses	3,072	2,748	9,539	7,500
Net interest income after provision for loan losses	38,790	30,571	109,571	88,646
Noninterest income:
Service charges on deposit accounts	1,279	1,172	3,762	3,097
Mortgage banking	873	582	2,062	1,540
Securities gains	0	3	29	3
Increase in cash surrender value life insurance	683	549	1,991	1,631
Other operating income	987	700	2,560	1,848
Total noninterest income	3,822	3,006	10,404	8,119
Noninterest expenses:
Salaries and employee benefits	10,595	7,890	30,029	24,685
Equipment and occupancy expense	1,575	1,437	4,870	4,212
Professional services	668	829	1,901	1,877
FDIC and other regulatory assessments	681	533	1,927	1,578
OREO expense	400	220	903	1,005
Merger expense	0	0	2,100	0
Other operating expenses	4,413	4,406	13,566	11,098
Total noninterest expenses	18,332	15,315	55,296	44,455
Income before income taxes	24,280	18,262	64,679	52,310
Provision for income taxes	8,014	4,260	20,889	14,965
Net income	16,266	14,002	43,790	37,345
Preferred stock dividends	33	100	256	316
Net income available to common stockholders	$ 16,233	$ 13,902	$ 43,534	$ 37,029
Basic earnings per common share	$ 0.63	$ 0.56	$ 1.7	$ 1.57
Diluted earnings per common share	$ 0.61	$ 0.54	$ 1.65	$ 1.51

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net income	$ 16,266	$ 14,002	$ 43,790	$ 37,345
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses) arising during period from securities available for sale, net of tax of $393 and $3 for the three and nine months ended September 30, 2015, respectively, and $331 and $424 for the three and nine months ended September 30, 2014, respectively	729	(614)	7	801
Reclassification adjustment for net gains on sale of securities in net income, net of tax of $10 for the nine months ended September 30, 2015, and $1 for the three and nine months ended September 30, 2014,	0	(2)	(19)	(2)
Other comprehensive income (loss), net of tax	729	(616)	(12)	799
Comprehensive income	$ 16,995	$ 13,386	$ 43,778	$ 38,144

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Unrealized holding (losses) gains arising during period from securities available for sale	$ 393	$ 331	$ 3	$ 424
Reclassification adjustment for net gains on sale of securities in net income	$ 10	$ 1		$ 1

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total		Preferred Stock [Member]	Common Stock [Member]	Additional Paid In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2013	$ 297,192		$ 39,958	$ 7	$ 123,325	$ 130,011	$ 3,891	$ 0
Common dividends paid	(2,369)		0	0	0	(2,369)	0	0
Common dividends declared	(1,240)		0	0	0	(1,240)	0	0
Preferred dividends paid	(316)		0	0	0	(316)	0	0
3-for-1 common stock split, in the form of a stock dividend	0		0	17	0	(17)	0	0
Exercise stock options, including tax benefit	5,972		0	0	5,972	0	0	0
Issue shares of common stock, net of issuance cost	52,098		0	1	52,097	0	0	0
Issue shares of REIT preferred stock	250		0	0	0	0	0	250
Stock-based compensation expense	3,403		0	0	3,403	0	0	0
Other comprehensive income, net of tax	799		0	0	0	0	799	0
Net income	37,347		0	0	0	37,345	0	2
Ending Balance at Sep. 30, 2014	393,136		39,958	25	184,797	163,414	4,690	252
Beginning Balance at Dec. 31, 2014	407,213	[1]	39,958	25	185,397	177,091	4,490	252
Common dividends paid	(3,089)		0	0	0	(3,089)	0	0
Common dividends declared	(1,554)		0	0	0	(1,554)	0	0
Preferred dividends paid	(256)		0	0	0	(256)	0	0
Issue 636,592 shares of common stock as consideration for Metro Bancshares, Inc. acquisition	19,356		0	1	19,355	0	0	0
Capitalized costs to issue shelf registration	(73)		0	0	(73)	0	0	0
Exercise stock options, including tax benefit	3,322		0	0	3,322	0	0	0
Excess tax benefit on exercise and vesting of stock options	1,515		0	0	1,515	0	0	0
Redeem 40,000 shares of Series A Senior Non-Cumulative Perpetual preferred stock	(40,000)		(39,958)	0	(42)	0	0	0
Issue shares of common stock, net of issuance cost	0
Issue shares of REIT preferred stock	125		0	0	0	0	0	125
Stock-based compensation expense	857		0	0	857	0	0	0
Other comprehensive income, net of tax	(12)		0	0	0	0	(12)	0
Net income	43,790		0	0	0	43,790	0	0
Ending Balance at Sep. 30, 2015	$ 431,194		$ 0	$ 26	$ 210,331	$ 215,982	$ 4,478	$ 377
[1]	Derived from audited financial statements.

CONSOLIDATED STATEMENT OF STOC8

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Stock Options And Warrants Exercised	469,000	866,400
Stock option and Warrants Exercised Tax Benefits		$ 881
Payments of Stock Issuance Costs		$ 4,777
Common Dividends Paid Per Share	$ 0.12	$ 0.10
Common Dividends Declared Per Share	$ 0.06	$ 0.05
Issue shares of REIT preferred	125	250
Stockholders' Equity Note, Stock Split		3-for-1 common stock split
Noncumulative Preferred Stock [Member]
Stock Redeemed or Called During Period, Shares	40,000
Common Stock [Member]
Stock Issued During Period, Shares, New Issues	636,592	1,875,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
OPERATING ACTIVITIES
Net income	$ 43,790	$ 37,345
Adjustments to reconcile net income to net cash provided by:
Deferred tax benefit	(3,370)	(5,032)
Provision for loan losses	9,539	7,500
Depreciation	1,632	1,497
Accretion on acquired loans	(1,696)	0
Amortization of core deposit intangible	281	0
Net amortization of debt securities available for sale	1,791	2,673
Increase in accrued interest and dividends receivable	(868)	(620)
Stock-based compensation expense	857	3,403
Increase in accrued interest payable	918	1,435
Proceeds from sale of mortgage loans held for sale	112,158	73,979
Originations of mortgage loans held for sale	(109,499)	(73,342)
Gain on sale of debt securities available for sale	(29)	(3)
Gain on sale of mortgage loans held for sale	(2,062)	(1,540)
Net loss on sale of other real estate owned	70	362
Write down of other real estate owned	407	423
Losses on tax credit partnerships	114	0
Increase in cash surrender value of life insurance contracts	(1,991)	(1,631)
Excess tax benefits from exercise of stock options and warrants	(1,515)	(881)
Net change in other assets, liabilities, and other operating activities	(431)	(3,466)
Net cash provided by operating activities	50,096	42,102
INVESTMENT ACTIVITIES
Purchase of debt securities available for sale	(27,704)	(59,305)
Proceeds from sale of debt securities available for sale	16,738	173
Proceeds from maturities, calls and paydowns of debt securities available for sale	30,831	23,736
Purchase of debt securities held to maturity	(202)	0
Proceeds from maturities, calls and paydowns of debt securities held to maturity	1,588	2,226
Purchase of equity securities	(534)	0
Proceeds from sale of equity securities	0	320
Increase in loans	(538,137)	(305,015)
Purchase of premises and equipment	(4,355)	(1,104)
Purchase of bank-owned life insurance contracts	0	(15,000)
Expenditures to complete construction of other real estate owned	(118)	0
Proceeds from sale of other real estate owned and repossessed assets	4,611	5,526
Investment in tax credit partnerships	(3,942)	(1,531)
Net cash paid in acquisition of Metro Bancshares, Inc.	(12,383)	0
Net cash used in investing activities	(533,607)	(349,974)
FINANCING ACTIVITIES
Net increase in noninterest-bearing deposits	171,616	144,097
Net increase in interest-bearing deposits	299,104	189,027
Net (decrease) increase in federal funds purchased	(38,075)	3,850
Repayment of Federal Home Loan Bank advances	(200)	0
Proceeds from sale of common stock, net	0	52,098
Proceeds from sale of preferred stock, net	125	250
Redemption of Series A Senior Non-Cumulative preferred stock	(40,000)	0
Proceeds from issuance of 5% subordinated notes due July 15, 2025	34,750	0
Costs to issue shelf registration	(73)	0
Proceeds from exercise of stock options and warrants	3,322	5,972
Excess tax benefits from exercise of stock options and warrants	1,515	881
Dividends paid on common stock	(3,089)	(2,369)
Dividends paid on preferred stock	(256)	(316)
Net cash provided by financing activities	428,739	393,490
Net (decrease) increase in cash and cash equivalents	(54,772)	85,618
Cash and cash equivalents at beginning of year	297,464	258,415
Cash and cash equivalents at end of year	242,692	344,033
Cash paid for:
Interest	11,407	8,981
Income taxes	20,015	21,543
NONCASH TRANSACTIONS
Other real estate acquired in settlement of loans	1,850	1,065
Internally financed sales of other real estate owned	0	675
Dividends declared	1,554	1,240
Fair value of assets and liabilities from acquisition:
Fair value of tangible assets acquired	201,927	0
Other intangible assets acquired	18,037	0
Fair value of liabilities assumed	(179,682)	0
Total merger consideration	$ 40,282	$ 0

CONSOLIDATED STATEMENTS OF CA10

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical)	Sep. 30, 2015
Debt Instrument, Interest Rate, Stated Percentage	5.00%

GENERAL

GENERAL	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GENERAL	NOTE 1 - GENERAL The accompanying consolidated financial statements in this report have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission, including Regulation S-X and the instructions for Form 10-Q, and have not been audited. These consolidated financial statements do not include all of the information and footnotes required by U.S. generally accepted accounting principles (“U.S. GAAP”) for complete financial statements. In the opinion of management, all adjustments necessary to present fairly the consolidated financial position and the consolidated results of operations for the interim periods have been made. All such adjustments are of a normal nature. The consolidated results of operations are not necessarily indicative of the consolidated results of operations which ServisFirst Bancshares, Inc. (the “Company”) may achieve for future interim periods or the entire year. For further information, refer to the consolidated financial statements and footnotes included in the Company’s Form 10-K for the year ended December 31, 2014. The Company’s wholly-owned subsidiary, ServisFirst Bank, is referred to herein as the “Bank.” As a result of its acquisition of Metro Bancshares, Inc. (“Metro”) on January 31, 2015, the Company adopted a new critical accounting policy related to goodwill and other identifiable intangible assets during the first quarter of 2015 as follows: Goodwill and Other Identifiable Intangible Assets – Other identifiable intangible assets include a core deposit intangible recorded in connection with the acquisition of Metro. The core deposit intangible is being amortized over 7 The Company tests its goodwill for impairment annually unless interim events or circumstances make it more likely than not that an impairment loss has occurred. Impairment is defined as the amount by which the implied fair value of the goodwill is less than the goodwill’s carrying value. Impairment losses, if incurred, would be charged to operating expense. For the purposes of evaluating goodwill, the Company has determined that it operates only one reporting unit. All reported amounts are in thousands except share and per share data.

ACQUISITION

ACQUISITION	9 Months Ended
	Sep. 30, 2015
Business Combinations [Abstract]
ACQUISITION	NOTE 2 - ACQUISITION On January 31, 2015, the Company completed its acquisition of Metro and Metro Bank, its wholly-owned bank subsidiary, for an aggregate of $ 20.9 636,592 January 31, 2015 Preliminary Fair value As recorded by adjustment As recorded by Metro (1) the Company (In Thousands) Assets acquired: Cash and cash equivalents $ 8,543 $ - $ 8,543 Debt securities 28,833 (41) a 28,792 Equity securities 499 - 499 Loans 152,869 (3,874) b 148,995 Allowance for loan losses (1,621) 1,621 b - Premises and equipment, net 7,606 831 c 8,437 Accrued interest receivable 484 - 484 Deferred taxes 754 26 d 780 Other real estate owned 2,373 (25) e 2,348 Bank owned life insurance contracts 2,685 - 2,685 Core deposit intangible - 2,090 f 2,090 Other assets 364 - 364 Total assets acquired $ 203,389 $ 628 $ 204,017 Liabilities assumed: Deposits $ 175,236 $ 518 g $ 175,754 Federal funds purchased 2,175 - 2,175 Other borrowings 1,400 (4) h 1,396 Accrued interest payable 89 - 89 Other liabilities 268 - 268 Total liabilities assumed $ 179,168 $ 514 $ 179,682 Net assets acquired $ 24,221 $ 114 $ 24,335 Consideration Paid: Cash $ (20,926) Stock (19,356) Total consideration paid (40,282) Goodwill $ 15,947 (1) The Company’s acquisition of Metro Bancshares, Inc. closed on January 31, 2015. Accordingly, each of the fair value adjustments shown are preliminary estimates of the purchase accounting adjustments. Management is continuing to evaluate each of these fair value adjustments and may revise one or more of them in future periods based on this continuing evaluation. During the second quarter of 2015, the fair value of other real estate owned was adjusted down by $ 280,000 41,000 Explanation of preliminary fair value adjustments: a- Adjustment reflects the fair value adjustment based on the Company’s pricing of the acquired debt securities portfolio. b- Adjustment reflects the fair value adjustment based on the Company’s evaluation of the acquired loan portfolio and to eliminate the recorded allowance for loan losses. c- Adjustment reflects the fair value adjustment based on the Company’s evaluation of the premises and equipment acquired. d- Adjustment reflects the differences in the carrying values of acquired assets and assumed liabilities for financial statement purposes and their basis for federal income tax purposes. e- Adjustment reflects the fair value adjustment based on the Company’s evaluation of the other real estate owned acquired. f- Adjustment reflects the fair value adjustment for the core deposit intangible asset recorded as a result of the acquisition. g- Adjustment reflects the fair value adjustment based on the Company’s evaluation of the acquired deposits. h- Adjustment reflects the fair value adjustment based on the Company’s evaluation of the assumed debt. The estimated fair value of the purchased credit impaired loans acquired in the Metro transaction on January 31, 2015 was $ 5.1 Pro forma financial information is not provided because such amounts are immaterial to the Company’s consolidated financial statements.

CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS	9 Months Ended
	Sep. 30, 2015
Cash and Cash Equivalents [Abstract]
CASH AND CASH EQUIVALENTS	NOTE 3 - CASH AND CASH EQUIVALENTS Cash on hand, cash items in process of collection, amounts due from banks, and federal funds sold are included in cash and cash equivalents.

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
EARNINGS PER COMMON SHARE	NOTE 4 - EARNINGS PER COMMON SHARE Basic earnings per common share are computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 (In Thousands, Except Shares and Per Share Data) Earnings per common share Weighted average common shares outstanding 25,883,562 24,761,632 25,636,690 23,539,218 Net income available to common stockholders $ 16,233 $ 13,902 $ 43,534 $ 37,029 Basic earnings per common share $ 0.63 $ 0.56 $ 1.70 $ 1.57 Weighted average common shares outstanding 25,883,562 24,761,632 25,636,690 23,539,218 Dilutive effects of assumed conversions and exercise of stock options and warrants 622,772 964,681 754,410 1,059,032 Weighted average common and dilutive potential common shares outstanding 26,506,334 25,726,313 26,391,100 24,598,250 Net income available to common stockholders $ 16,233 $ 13,902 $ 43,534 $ 37,029 Effect of interest expense on convertible debt, net of tax and discretionary expenditures related to conversion - - - - Net income available to common stockholders, adjusted for effect of debt conversion $ 16,233 $ 13,902 $ 43,534 $ 37,029 Diluted earnings per common share $ 0.61 $ 0.54 $ 1.65 $ 1.51

SECURITIES

SECURITIES	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
SECURITIES	NOTE 5 - SECURITIES Gross Gross Amortized Unrealized Unrealized Market Cost Gain Loss Value (In Thousands) September 30, 2015 Securities Available for Sale U.S. Treasury and government sponsored agencies $ 50,508 $ 1,084 $ (71) $ 51,521 Mortgage-backed securities 89,722 2,845 (46) 92,521 State and municipal securities 143,664 3,052 (92) 146,624 Corporate debt 15,884 116 - 16,000 Total 299,778 7,097 (209) 306,666 Securities Held to Maturity Mortgage-backed securities 22,211 382 (257) 22,336 State and municipal securities 5,758 423 (6) 6,175 Total $ 27,969 $ 805 $ (263) $ 28,511 December 31, 2014 Securities Available for Sale U.S. Treasury and government sponsored agencies $ 50,363 $ 775 $ - $ 51,138 Mortgage-backed securities 92,439 3,095 (11) 95,523 State and municipal securities 132,780 3,211 (328) 135,663 Corporate debt 15,821 165 - 15,986 Total 291,403 7,246 (339) 298,310 Securities Held to Maturity Mortgage-backed securities 23,804 449 (320) 23,933 State and municipal securities 5,551 490 - 6,041 Total $ 29,355 $ 939 $ (320) $ 29,974 September 30, 2015 December 31, 2014 Amortized Amortized Cost Fair Value Cost Fair Value (In thousands) Debt securities available for sale Less than one year $ 21,289 $ 21,450 $ 16,944 $ 17,246 One year to five years 145,941 148,960 121,591 123,962 Five years to ten years 42,009 42,891 60,079 61,221 More than ten years 817 844 350 358 Mortgage-backed securities 89,722 92,521 92,439 95,523 $ 299,778 $ 306,666 $ 291,403 $ 298,310 Debt securities held to maturity Due from five to ten years $ 627 $ 653 $ 298 $ 325 Due after ten years 5,131 5,522 5,253 5,716 Mortgage-backed securities 22,211 22,336 23,804 23,933 $ 27,969 $ 28,511 $ 29,355 $ 29,974 The Company sold 18 36 29,000 All mortgage-backed securities are with government-sponsored enterprises (GSEs) such as Federal National Mortgage Association, Government National Mortgage Association, Federal Home Loan Bank, and Federal Home Loan Mortgage Corporation. The following table identifies, as of September 30, 2015 and December 31, 2014, the Company’s investment securities that have been in a continuous unrealized loss position for less than 12 months and those that have been in a continuous unrealized loss position for 12 or more months. At September 30, 2015, 23 of the Company’s 753 debt securities had been in an unrealized loss position for 12 or more months. The Company does not intend to sell these securities and it is more likely than not that the Company will not be required to sell the securities before recovery of their amortized cost, which may be maturity; accordingly, the Company does not consider these securities to be other-than-temporarily impaired at September 30, 2015. Further, the Company believes any deterioration in value of its current investment securities is attributable to changes in market interest rates and not credit quality of the issuer. Less Than Twelve Months Twelve Months or More Total Gross Gross Gross Unrealized Unrealized Unrealized Losses Fair Value Losses Fair Value Losses Fair Value (In Thousands) September 30, 2015 U.S. Treasury and government sponsored agencies $ (71) $ 3,939 $ - $ - $ (71) $ 3,939 Mortgage-backed securities (44) 2,625 (259) 13,441 (303) 16,066 State and municipal securities (53) 12,651 (45) 4,403 (98) 17,054 Corporate debt - - - - - - Total $ (168) $ 19,215 $ (304) $ 17,844 $ (472) $ 37,059 December 31, 2014 U.S. Treasury and government sponsored agencies $ - $ - $ - $ - $ - $ - Mortgage-backed securities - - (331) 17,751 (331) 17,751 State and municipal securities (162) 19,945 (166) 10,820 (328) 30,765 Corporate debt - - - - - - Total $ (162) $ 19,945 $ (497) $ 28,571 $ (659) $ 48,516

LOANS

LOANS	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
LOANS	NOTE 6 – LOANS September 30, December 31, 2015 2014 (Dollars In Thousands) Commercial, financial and agricultural $ 1,671,014 $ 1,495,092 Real estate - construction 232,895 208,769 Real estate - mortgage: Owner-occupied commercial 978,721 793,917 1-4 family mortgage 417,011 333,455 Other mortgage 677,822 471,363 Subtotal: Real estate - mortgage 2,073,554 1,598,735 Consumer 66,779 57,262 Total Loans 4,044,242 3,359,858 Less: Allowance for loan losses (42,574) (35,629) Net Loans $ 4,001,668 $ 3,324,229 Commercial, financial and agricultural 41.32 % 44.50 % Real estate - construction 5.76 % 6.21 % Real estate - mortgage: Owner-occupied commercial 24.20 % 23.63 % 1-4 family mortgage 10.31 % 9.92 % Other mortgage 16.76 % 14.03 % Subtotal: Real estate - mortgage 51.27 % 47.58 % Consumer 1.65 % 1.71 % Total Loans 100.00 % 100.00 % The credit quality of the loan portfolio is summarized no less frequently than quarterly using categories similar to the standard asset classification system used by the federal banking agencies. The following table presents credit quality indicators for the loan loss portfolio segments and classes. These categories are utilized to develop the associated allowance for loan losses using historical losses adjusted for current economic conditions defined as follows: · Pass – loans which are well protected by the current net worth and paying capacity of the obligor (or obligors, if any) or by the fair value, less cost to acquire and sell, of any underlying collateral. · Special Mention – loans with potential weakness that may, if not reversed or corrected, weaken the credit or inadequately protect the Company’s position at some future date. These loans are not adversely classified and do not expose an institution to sufficient risk to warrant an adverse classification. · Substandard – loans that exhibit well-defined weakness or weaknesses that currently jeopardize debt repayment. These loans are characterized by the distinct possibility that the institution will sustain some loss if the weaknesses are not corrected. · Doubtful – loans that have all the weaknesses inherent in loans classified substandard, plus 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. Special September 30, 2015 Pass Mention Substandard Doubtful Total (In Thousands) Commercial, financial and agricultural $ 1,601,109 $ 55,877 $ 14,028 $ - $ 1,671,014 Real estate - construction 222,200 6,051 4,644 - 232,895 Real estate - mortgage: Owner-occupied commercial 951,547 19,307 7,867 - 978,721 1-4 family mortgage 410,247 3,984 2,780 - 417,011 Other mortgage 659,394 13,086 5,342 - 677,822 Total real estate mortgage 2,021,188 36,377 15,989 - 2,073,554 Consumer 66,702 44 33 - 66,779 Total $ 3,911,199 $ 98,349 $ 34,694 $ - $ 4,044,242 Special December 31, 2014 Pass Mention Substandard Doubtful Total (In Thousands) Commercial, financial and agricultural $ 1,459,356 $ 25,416 $ 10,320 $ - $ 1,495,092 Real estate - construction 197,727 5,332 5,710 - 208,769 Real estate - mortgage: Owner-occupied commercial 784,492 6,848 2,577 - 793,917 1-4 family mortgage 326,316 4,253 2,886 - 333,455 Other mortgage 457,782 9,015 4,566 - 471,363 Total real estate mortgage 1,568,590 20,116 10,029 - 1,598,735 Consumer 56,559 37 666 - 57,262 Total $ 3,282,232 $ 50,901 $ 26,725 $ - $ 3,359,858 September 30, 2015 Performing Nonperforming Total (In Thousands) Commercial, financial and agricultural $ 1,666,626 $ 4,388 $ 1,671,014 Real estate - construction 228,895 4,000 232,895 Real estate - mortgage: Owner-occupied commercial 978,600 121 978,721 1-4 family mortgage 416,184 827 417,011 Other mortgage 676,820 1,002 677,822 Total real estate mortgage 2,071,604 1,950 2,073,554 Consumer 66,743 36 66,779 Total $ 4,033,868 $ 10,374 $ 4,044,242 December 31, 2014 Performing Nonperforming Total (In Thousands) Commercial, financial and agricultural $ 1,493,995 $ 1,097 $ 1,495,092 Real estate - construction 203,720 5,049 208,769 Real estate - mortgage: Owner-occupied commercial 793,234 683 793,917 1-4 family mortgage 331,859 1,596 333,455 Other mortgage 470,404 959 471,363 Total real estate mortgage 1,595,497 3,238 1,598,735 Consumer 56,596 666 57,262 Total $ 3,349,808 $ 10,050 $ 3,359,858 September 30, 2015 Past Due Status (Accruing Loans) Total Past 30-59 Days 60-89 Days 90+ Days Due Non-Accrual Current Total Loans (In Thousands) Commercial, financial and agricultural $ 13 $ - $ 49 $ 62 $ 4,339 $ 1,666,613 $ 1,671,014 Real estate - construction - - - - 4,000 228,895 232,895 Real estate - mortgage: Owner-occupied commercial 34 - - 34 121 978,566 978,721 1-4 family mortgage 50 154 472 676 355 415,980 417,011 Other mortgage 1,401 - - 1,401 1,002 675,419 677,822 Total real estate - mortgage 1,485 154 472 2,111 1,478 2,069,965 2,073,554 Consumer 17 - 3 20 33 66,726 66,779 Total $ 1,515 $ 154 $ 524 $ 2,193 $ 9,850 $ 4,032,199 $ 4,044,242 December 31, 2014 Past Due Status (Accruing Loans) Total Past 30-59 Days 60-89 Days 90+ Days Due Non-Accrual Current Total Loans (In Thousands) Commercial, financial and agricultural $ 1,388 $ 3,490 $ 925 $ 5,803 $ 172 $ 1,489,117 $ 1,495,092 Real estate - construction - - - - 5,049 203,720 208,769 Real estate - mortgage: Owner-occupied commercial - - - - 683 793,234 793,917 1-4 family mortgage 14 - - 14 1,596 331,845 333,455 Other mortgage - - - - 959 470,404 471,363 Total real estate - mortgage 14 - - 14 3,238 1,595,483 1,598,735 Consumer 21 - - 21 666 56,575 57,262 Total $ 1,423 $ 3,490 $ 925 $ 5,838 $ 9,125 $ 3,344,895 $ 3,359,858 The allowance for loan losses is maintained at a level which, in management’s judgment, is adequate to absorb credit losses inherent in the loan portfolio. The amount of the allowance is based on management’s evaluation of the collectability of the loan portfolio, including the nature of the portfolio, credit concentrations, trends in historical loss experience, specific impaired loans, economic conditions and other risks inherent in the portfolio. Allowances for impaired loans are generally determined based on collateral values or the present value of the estimated cash flows. The allowance is increased by a provision for loan losses, which is charged to expense, and reduced by charge-offs, net of recoveries. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the allowance for losses on loans. Such agencies may require the Company to recognize adjustments to the allowance based on their judgments about information available to them at the time of their examination. The methodology utilized for the calculation of the allowance for loan losses is divided into four distinct categories. Those categories include allowances for non-impaired loans (ASC 450), impaired loans (ASC 310), external qualitative factors, and internal qualitative factors. A description of each category of the allowance for loan loss methodology is listed below. Non-Impaired Loans. Impaired Loans. External Qualitative Factors Internal Qualitative Factors Commercial, financial and Real estate - Real estate - agricultural construction mortgage Consumer Total (In Thousands) Three Months Ended September 30, 2015 Allowance for loan losses: Balance at June 30, 2015 $ 19,052 $ 5,674 $ 14,171 $ 1,123 $ 40,020 Charge-offs (388) (31) - (126) (545) Recoveries 13 13 1 - 27 Provision 2,020 (237) 1,767 (478) 3,072 Balance at September 30, 2015 $ 20,697 $ 5,419 $ 15,939 $ 519 $ 42,574 Three Months Ended September 30, 2014 Allowance for loan losses: Balance at June 30, 2014 $ 13,637 $ 6,734 $ 11,523 $ 1,090 $ 32,984 Charge-offs (531) (610) (149) (131) (1,421) Recoveries - 97 14 20 131 Provision 1,364 461 905 18 2,748 Balance at September 30, 2014 $ 14,470 $ 6,682 $ 12,293 $ 997 $ 34,442 Nine Months Ended September 30, 2015 Allowance for loan losses: Balance at December 31, 2014 $ 16,079 $ 6,395 $ 12,112 $ 1,043 $ 35,629 Charge-offs (1,616) (506) (641) (150) (2,913) Recoveries 38 177 104 - 319 Provision 6,196 (647) 4,364 (374) 9,539 Balance at September 30, 2015 $ 20,697 $ 5,419 $ 15,939 $ 519 $ 42,574 Nine Months Ended September 30, 2014 Allowance for loan losses: Balance at December 31, 2013 $ 13,576 $ 6,078 $ 10,065 $ 944 $ 30,663 Charge-offs (1,895) (958) (1,043) (207) (4,103) Recoveries 46 285 28 23 382 Provision 2,743 1,277 3,243 237 7,500 Balance at September 30, 2014 $ 14,470 $ 6,682 $ 12,293 $ 997 $ 34,442 As of September 30, 2015 Allowance for loan losses: Individually Evaluated for Impairment $ 3,875 $ 1,089 $ 2,446 $ 33 $ 7,443 Collectively Evaluated for Impairment 16,822 4,330 13,493 486 35,131 Loans: Ending Balance $ 1,671,014 $ 232,895 $ 2,073,554 $ 66,779 $ 4,044,242 Individually Evaluated for Impairment 14,049 4,697 18,632 51 37,429 Collectively Evaluated for Impairment 1,656,965 228,198 2,054,922 66,728 4,006,813 As of December 31, 2014 Allowance for loan losses: Individually Evaluated for Impairment $ 1,344 $ 1,448 $ 1,636 $ 666 $ 5,094 Collectively Evaluated for Impairment 14,735 4,947 10,476 377 30,535 Loans: Ending Balance $ 1,495,092 $ 208,769 $ 1,598,735 $ 57,262 $ 3,359,858 Individually Evaluated for Impairment 10,350 5,680 10,029 666 26,725 Collectively Evaluated for Impairment 1,484,742 203,089 1,588,706 56,596 3,333,133 The following table presents details of the Company’s impaired loans as of September 30, 2015 and December 31, 2014, respectively. Loans which have been fully charged off do not appear in the tables. For the three months For the nine months ended September 30, ended September 30, September 30, 2015 2015 2015 Interest Interest Unpaid Average Income Average Income Recorded Principal Related Recorded Recognized Recorded Recognized Investment Balance Allowance Investment in Period Investment in Period (In Thousands) With no allowance recorded: Commercial, financial and agricultural $ 1,133 $ 1,142 $ - $ 1,135 $ 5 $ 1,181 $ 13 Real estate - construction 806 809 - 910 9 1,094 26 Real estate - mortgage: Owner-occupied commercial 4,137 4,294 - 4,177 58 3,908 183 1-4 family mortgage 1,377 1,553 - 1,385 26 1,385 71 Other mortgage 3,155 3,321 - 3,168 38 3,191 139 Total real estate - mortgage 8,669 9,168 - 8,730 122 8,484 393 Consumer 18 23 - 19 - 19 1 Total with no allowance recorded 10,626 11,142 - 10,794 136 10,778 433 With an allowance recorded: Commercial, financial and agricultural 12,916 13,001 3,875 13,728 122 14,079 554 Real estate - construction 3,891 4,371 1,089 3,914 - 4,249 - Real estate - mortgage: Owner-occupied commercial 6,373 6,373 1,336 8,645 140 11,167 475 1-4 family mortgage 1,402 1,403 415 1,406 15 1,397 46 Other mortgage 2,188 2,188 695 2,189 19 2,329 58 Total real estate - mortgage 9,963 9,964 2,446 12,240 174 14,893 579 Consumer 33 33 33 34 1 34 6 Total with allowance recorded 26,803 27,369 7,443 29,916 297 33,255 1,139 Total Impaired Loans: Commercial, financial and agricultural 14,049 14,143 3,875 14,863 127 15,260 567 Real estate - construction 4,697 5,180 1,089 4,824 9 5,343 26 Real estate - mortgage: Owner-occupied commercial 10,510 10,667 1,336 12,822 198 15,075 658 1-4 family mortgage 2,779 2,956 415 2,791 41 2,782 117 Other mortgage 5,343 5,509 695 5,357 57 5,520 197 Total real estate - mortgage 18,632 19,132 2,446 20,970 296 23,377 972 Consumer 51 56 33 53 1 53 7 Total impaired loans $ 37,429 $ 38,511 $ 7,443 $ 40,710 $ 433 $ 44,033 $ 1,572 December 31, 2014 Unpaid Average Interest Income Recorded Principal Related Recorded Recognized in Investment Balance Allowance Investment Period (In Thousands) With no allowance recorded: Commercial, financial and agricultural $ 7,059 $ 7,059 $ - $ 7,104 $ 406 Real estate - construction 1,527 1,527 - 1,493 40 Real estate - mortgage: Owner-occupied commercial 1,576 1,576 - 236 12 1-4 family mortgage 542 592 - 592 19 Other mortgage 1,944 1,944 - 2,283 142 Total real estate - mortgage 4,062 4,112 - 3,111 173 Consumer - - - - - Total with no allowance recorded 12,648 12,698 - 11,708 619 With an allowance recorded: Commercial, financial and agricultural 3,291 3,291 1,344 3,262 156 Real estate - construction 4,153 4,633 1,448 4,382 19 Real estate - mortgage: Owner-occupied commercial 1,001 1,001 160 1,140 29 1-4 family mortgage 2,344 2,344 694 2,743 56 Other mortgage 2,622 2,622 782 2,767 84 Total real estate - mortgage 5,967 5,967 1,636 6,650 169 Consumer 666 666 666 681 - Total with allowance recorded 14,077 14,557 5,094 14,975 344 Total Impaired Loans: Commercial, financial and agricultural 10,350 10,350 1,344 10,366 562 Real estate - construction 5,680 6,160 1,448 5,875 59 Real estate - mortgage: Owner-occupied commercial 2,577 2,577 160 1,376 41 1-4 family mortgage 2,886 2,936 694 3,335 75 Other mortgage 4,566 4,566 782 5,050 226 Total real estate - mortgage 10,029 10,079 1,636 9,761 342 Consumer 666 666 666 681 - Total impaired loans $ 26,725 $ 27,255 $ 5,094 $ 26,683 $ 963 Troubled Debt Restructurings (“TDR”) at September 30, 2015, December 31, 2014 and September 30, 2014 totaled $ 8.3 9.0 7.9 1.2 1.0 1.9 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2014 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number of Recorded Recorded Number of Recorded Recorded Contracts Investment Investment Contracts Investment Investment (In Thousands) Troubled Debt Restructurings Commercial, financial and agricultural 1 $ 390 $ 390 2 $ 889 $ 889 Real estate - construction - - - - - - Real estate - mortgage: Owner-occupied commercial - - - - - - 1-4 family mortgage 1 4,449 4,449 1 4,449 4,449 Other mortgage 1 275 275 2 1,684 1,684 Total real estate mortgage 2 4,724 4,724 3 6,133 6,133 Consumer - - - - - - 3 $ 5,114 $ 5,114 5 $ 7,022 $ 7,022 The following table presents by portfolio segment Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 (In thousands) Defaulted during the period, where modified in a TDR twelve months prior to default Commercial, financial and agricultural $ - $ - $ - $ - Real estate - construction - - - - Real estate - mortgage: Owner-occupied commercial - - - - 1-4 family mortgage - 4,313 - 4,313 Other mortgage - - - - Total real estate mortgage - 4,313 - 4,313 Consumer - - - - $ - $ 4,313 $ - $ 4,313

EMPLOYEE AND DIRECTOR BENEFITS

EMPLOYEE AND DIRECTOR BENEFITS	9 Months Ended
	Sep. 30, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
EMPLOYEE AND DIRECTOR BENEFITS	NOTE 7 - EMPLOYEE AND DIRECTOR BENEFITS Stock Options At September 30, 2015, the Company had stock-based compensation plans, as described below. The compensation cost that has been charged to earnings for the plans was approximately $293,000 and $857,000 for the three and nine months ended September 30, 2015 and $302,000 and $3.4 million for the three and nine months ended September 30, 2014. The Company recorded a non-routine expense of $ 703,000 1.8 Compensation – Stock Compensation Equity-based Payments to Non-employees The Company’s 2005 Amended and Restated Stock Option Plan allows for the grant of stock options to purchase up to 3,075,000 2,775,000 1,500,000 The Company estimates the fair value of each stock option award using a Black-Scholes-Merton valuation model that uses the assumptions noted in the following table. Expected volatilities are based on an index of southeastern United States publicly traded banks. The expected term for options granted is based on the short-cut method and represents the period of time that options granted are expected to be outstanding. 2015 2014 Expected volatility 24.00 % 19.25 % Expected dividends 0.71 % 1.45 % Expected term (in years) 6.25 7.75 Risk-free rate 1.85 % 2.33 % The weighted average grant-date fair value of options granted during the nine months ended September 30, 2015 and September 30, 2014 was $ 8.40 2.95 Weighted Weighted Average Average Remaining Aggregate Exercise Contractual Intrinsic Shares Price Term (years) Value (In Thousands) Nine Months Ended September 30, 2015: Outstanding at January 1, 2015 1,622,917 $ 9.38 5.9 $ 38,256 Granted 162,000 33.26 9.5 - Exercised (459,000) 7.24 3.0 16,495 Forfeited (7,500) 10.00 6.6 226 Outstanding at September 30, 2015 1,318,417 13.05 6.4 $ 35,697 Exercisable at September 30, 2015 256,918 $ 8.96 4.9 $ 8,008 Nine Months Ended September 30, 2014: Outstanding at January 1, 2014 2,328,900 $ 7.69 5.5 $ 14,300 Granted 114,000 13.83 9.4 1,707 Exercised (821,400) 5.77 2.6 18,920 Forfeited - - - - Outstanding at September 30, 2014 1,621,500 9.10 6.1 $ 31,942 Exercisable at September 30, 2014 609,000 $ 7.17 4.7 $ 13,174 As of September 30, 2015, there was approximately $ 2.1 1.5 Restricted Stock The Company 237,088 770,000 1.1 7,500

DERIVATIVES

DERIVATIVES	9 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	NOTE 8 - DERIVATIVES The Company has entered into agreements with secondary market investors to deliver loans on a “best efforts delivery” basis. When a rate is committed to a borrower, it is based on the best price that day and locked with the investor for the customer for a 30-day period. In the event the loan is not delivered to the investor, the Company has no risk or exposure with the investor. The interest rate lock commitments related to loans that are originated for later sale are classified as derivatives. The fair values of the Company’s agreements with investors and rate lock commitments to customers as of September 30, 2015 and December 31, 2014 were not material.

RECENTLY ADOPTED ACCOUNTING PRO

RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Sep. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS	NOTE 9 – RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS In January 2014, the FASB issued ASU No. 2014-1, Investments-Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects In January 2014, the FASB issued ASU No. 2014-04, Receivables-Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Sep. 30, 2015
Accounting Changes and Error Corrections [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 10 - RECENT ACCOUNTING PRONOUNCEMENTS In June 2014, the FASB issued ASU No. 2014-12, Compensation—Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved After the Requisite Service Period In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis In August 2015, the FASB issue ASU 2015-15, Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements: Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting, In September 2015, the FASB issued ASU 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	NOTE 11 - FAIR VALUE MEASUREMENT Measurement of fair value under U.S. GAAP establishes a hierarchy that prioritizes observable and unobservable inputs used to measure fair value,as of the measurement date, into three broad levels, which are described below: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs. Level 2: Observable prices that are based on inputs not quoted on active markets, but corroborated by market data. Level 3: Unobservable inputs are used when little or no market data is available. The fair value hierarchy gives the lowest priority to Level 3 inputs. In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible and also considers counterparty credit risk in its assessment of fair value. Debt Securities . Where quoted prices are available in an active market, securities are classified within Level 1 of the hierarchy. Level 1 securities include highly liquid government securities such as U.S. Treasuries and exchange-traded equity securities. For securities traded in secondary markets for which quoted market prices are not available, the Company generally relies on pricing services provided by independent vendors. Such independent pricing services are to advise the Company on the carrying value of the securities available for sale portfolio. As part of the Company’s procedures, the price provided from the service is evaluated for reasonableness given market changes. When a questionable price exists, the Company investigates further to determine if the price is valid. If needed, other market participants may be utilized to determine the correct fair value. The Company has also reviewed and confirmed its determinations in discussions with the pricing source regarding their methods of price discovery. Securities measured with these techniques are classified within Level 2 of the hierarchy and often involve using quoted market prices for similar securities, pricing models or discounted cash flow calculations using inputs observable in the market where available. Examples include U.S. government agency securities, mortgage-backed securities, obligations of states and political subdivisions and certain corporate, asset-backed and other securities. In cases where Level 1 or Level 2 inputs are not available, securities are classified in Level 3 of the hierarchy. Impaired Loans 1,573,000 5,209,000 724,000 4,280,000 Other Real Estate Owned 248,000 477,000 225,000 757,000 Residential real estate loan foreclosures classified as OREO totaled $ 514,000 684,000 No residential real estate loans were in the process of being foreclosed as of September 30, 2015. Fair Value Measurements at September 30, 2015 Using Quoted Prices in Active Markets Significant Other Significant for Identical Observable Inputs Unobservable Assets (Level 1) (Level 2) Inputs (Level 3) Total (In Thousands) Assets Measured on a Recurring Basis: Available-for-sale securities: U.S. Treasury and government sponsored agencies $ - $ 51,521 $ - $ 51,521 Mortgage-backed securities - 92,521 - 92,521 State and municipal securities - 146,624 - 146,624 Corporate debt - 16,000 - 16,000 Total assets at fair value $ - $ 306,666 $ - $ 306,666 Fair Value Measurements at December 31, 2014 Using Quoted Prices in Active Markets Significant Other Significant for Identical Observable Inputs Unobservable Assets (Level 1) (Level 2) Inputs (Level 3) Total (In Thousands) Assets Measured on a Recurring Basis: Available-for-sale securities U.S. Treasury and government sponsored agencies $ - $ 51,138 $ - $ 51,138 Mortgage-backed securities - 95,523 - 95,523 State and municipal securities - 135,663 - 135,663 Corporate debt - 15,986 - 15,986 Total assets at fair value $ - $ 298,310 $ - $ 298,310 Fair Value Measurements at September 30, 2015 Using Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable (Level 1) (Level 2) Inputs (Level 3) Total (In Thousands) Assets Measured on a Nonrecurring Basis: Impaired loans $ - $ - $ 29,986 $ 29,986 Other real estate owned and repossessed assets - - 6,068 6,068 Total assets at fair value $ - $ - $ 36,054 $ 36,054 Fair Value Measurements at December 31, 2014 Using Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable (Level 1) (Level 2) Inputs (Level 3) Total (In Thousands) Assets Measured on a Nonrecurring Basis: Impaired loans $ - $ - $ 21,631 $ 21,631 Other real estate owned and repossessed assets - - 6,840 6,840 Total assets at fair value $ - $ - $ 28,471 $ 28,471 The fair value of a financial instrument is the current amount that would be exchanged in a sale between willing parties, other than in a forced liquidation. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. Current U.S. GAAP excludes certain financial instruments and all nonfinancial instruments from its fair value disclosure requirements. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company. The following methods and assumptions were used by the Company in estimating its fair value disclosures for financial instruments: Cash and due from banks: The carrying amounts reported in the statements of financial condition approximate those assets’ fair values. Debt securities: Where quoted prices are available in an active market, securities are classified within Level 1 of the hierarchy. Level 1 securities include highly liquid government securities such as U.S. treasuries and exchange-traded equity securities. For securities traded in secondary markets for which quoted market prices are not available, the Company generally relies on prices obtained from independent vendors. Such independent pricing services are to advise the Company on the carrying value of the securities available for sale portfolio. As part of the Company’s procedures, the price provided from the service is evaluated for reasonableness given market changes. When a questionable price exists, the Company investigates further to determine if the price is valid. If needed, other market participants may be utilized to determine the correct fair value. The Company has also reviewed and confirmed its determinations in discussions with the pricing service regarding their methods of price discovery. Securities measured with these techniques are classified within Level 2 of the hierarchy and often involve using quoted market prices for similar securities, pricing models or discounted cash flow calculations using inputs observable in the market where available. Examples include U.S. government agency securities, mortgage-backed securities, obligations of states and political subdivisions, and certain corporate, asset-backed and other securities. In cases where Level 1 or Level 2 inputs are not available, securities are classified in Level 3 of the fair value hierarchy. Equity securities: Fair values for other investments are considered to be their cost as they are redeemed at par value. Federal funds sold: The carrying amounts reported in the statements of financial condition approximate those assets’ fair values. Mortgage loans held for sale: Loans are committed to be delivered to investors on a “best efforts delivery” basis within 30 days or origination. Due to this short turn-around time, the carrying amounts of the Company’s agreements approximate their fair values. Bank owned life insurance contracts: The carrying amounts in the statements of condition approximate these assets’ fair value. Loans, net: For variable-rate loans that re-price frequently and with no significant change in credit risk, fair value is based on carrying amounts. The fair value of other loans (for example, fixed-rate commercial real estate loans, mortgage loans and industrial loans) is estimated using discounted cash flow analysis, based on interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. Loan fair value estimates include judgments regarding future expected loss experience and risk characteristics. The method of estimating fair value does not incorporate the exit-price concept of fair value as prescribed by ASC 820 and generally produces a higher value than an exit-price approach. The measurement of the fair value of loans is classified within Level 3 of the fair value hierarchy. Deposits: The fair values disclosed for demand deposits are, by definition, equal to the amount payable on demand at the reporting date (that is, their carrying amounts). The carrying amounts of variable-rate, fixed-term money market accounts and certificates of deposit approximate their fair values. Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation using interest rates currently offered for deposits with similar remaining maturities. The fair value of the Company’s time deposits do not take into consideration the value of the Company’s long-term relationships with depositors, which may have significant value. Measurements of the fair value of certificates of deposit are classified within Level 2 of the fair value hierarchy. Federal funds purchased: The carrying amounts in the statements of condition approximate these assets’ fair value. Other borrowings: The fair values of other borrowings are estimated using a discounted cash flow analysis, based on interest rates currently being offered on the best alternative debt available at the measurement date. These measurements are classified as Level 2 in the fair value hierarchy. Loan commitments: The fair values of the Company’s off-balance-sheet financial instruments are based on fees currently charged to enter into similar agreements. Since the majority of the Company’s other off-balance-sheet financial instruments consists of non-fee-producing, variable-rate commitments, the Company has determined they do not have a distinguishable fair value. The carrying amount, estimated fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of September 30, 2015 and December 31, 2014 are presented in the following table. September 30, 2015 December 31, 2014 Carrying Carrying Amount Fair Value Amount Fair Value (In Thousands) Financial Assets: Level 1 inputs: Cash and due from banks $ 216,463 $ 216,463 $ 296,573 $ 296,573 Level 2 inputs: Available for sale debt securities 306,666 306,666 298,310 298,310 Held to maturity debt securities 27,969 28,511 29,355 29,974 Restricted equity securities 4,954 4,954 3,921 3,921 Federal funds sold 26,229 26,229 891 891 Mortgage loans held for sale 5,387 5,449 5,984 5,984 Bank owned life insurance contracts 90,964 90,964 86,288 86,288 Level 3 inputs: Loans, net 4,001,668 4,015,104 3,324,229 3,327,371 Financial liabilities: Level 2 inputs: Deposits $ 4,044,634 $ 4,046,448 $ 3,398,160 $ 3,399,261 Federal funds purchased 228,415 228,415 264,315 264,315 Other borrowings 55,728 64,230 19,973 19,973

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2015
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 12 – SUBSEQUENT EVENTS The Company has evaluated all subsequent events through the date of this filing to ensure that this Form 10-Q includes appropriate disclosure of events both recognized in the financial statements as of September 30, 2015, and events which occurred subsequent to September 30, 2015 but were not recognized in the financial statements.

ACQUISITION (Tables)

ACQUISITION (Tables)	9 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fair Value of Assets Acquired and Liabilities Assumed	January 31, 2015 Preliminary Fair value As recorded by adjustment As recorded by Metro (1) the Company (In Thousands) Assets acquired: Cash and cash equivalents $ 8,543 $ - $ 8,543 Debt securities 28,833 (41) a 28,792 Equity securities 499 - 499 Loans 152,869 (3,874) b 148,995 Allowance for loan losses (1,621) 1,621 b - Premises and equipment, net 7,606 831 c 8,437 Accrued interest receivable 484 - 484 Deferred taxes 754 26 d 780 Other real estate owned 2,373 (25) e 2,348 Bank owned life insurance contracts 2,685 - 2,685 Core deposit intangible - 2,090 f 2,090 Other assets 364 - 364 Total assets acquired $ 203,389 $ 628 $ 204,017 Liabilities assumed: Deposits $ 175,236 $ 518 g $ 175,754 Federal funds purchased 2,175 - 2,175 Other borrowings 1,400 (4) h 1,396 Accrued interest payable 89 - 89 Other liabilities 268 - 268 Total liabilities assumed $ 179,168 $ 514 $ 179,682 Net assets acquired $ 24,221 $ 114 $ 24,335 Consideration Paid: Cash $ (20,926) Stock (19,356) Total consideration paid (40,282) Goodwill $ 15,947 (1) The Company’s acquisition of Metro Bancshares, Inc. closed on January 31, 2015. Accordingly, each of the fair value adjustments shown are preliminary estimates of the purchase accounting adjustments. Management is continuing to evaluate each of these fair value adjustments and may revise one or more of them in future periods based on this continuing evaluation. During the second quarter of 2015, the fair value of other real estate owned was adjusted down by $ 280,000 41,000 Explanation of preliminary fair value adjustments: a- Adjustment reflects the fair value adjustment based on the Company’s pricing of the acquired debt securities portfolio. b- Adjustment reflects the fair value adjustment based on the Company’s evaluation of the acquired loan portfolio and to eliminate the recorded allowance for loan losses. c- Adjustment reflects the fair value adjustment based on the Company’s evaluation of the premises and equipment acquired. d- Adjustment reflects the differences in the carrying values of acquired assets and assumed liabilities for financial statement purposes and their basis for federal income tax purposes. e- Adjustment reflects the fair value adjustment based on the Company’s evaluation of the other real estate owned acquired. f- Adjustment reflects the fair value adjustment for the core deposit intangible asset recorded as a result of the acquisition. g- Adjustment reflects the fair value adjustment based on the Company’s evaluation of the acquired deposits. h- Adjustment reflects the fair value adjustment based on the Company’s evaluation of the assumed debt.

EARNINGS PER COMMON SHARE (Tabl

EARNINGS PER COMMON SHARE (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Basic And Diluted Earning Per Share	Diluted earnings per common share include the dilutive effect of additional potential common shares issuable under stock options and warrants. Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 (In Thousands, Except Shares and Per Share Data) Earnings per common share Weighted average common shares outstanding 25,883,562 24,761,632 25,636,690 23,539,218 Net income available to common stockholders $ 16,233 $ 13,902 $ 43,534 $ 37,029 Basic earnings per common share $ 0.63 $ 0.56 $ 1.70 $ 1.57 Weighted average common shares outstanding 25,883,562 24,761,632 25,636,690 23,539,218 Dilutive effects of assumed conversions and exercise of stock options and warrants 622,772 964,681 754,410 1,059,032 Weighted average common and dilutive potential common shares outstanding 26,506,334 25,726,313 26,391,100 24,598,250 Net income available to common stockholders $ 16,233 $ 13,902 $ 43,534 $ 37,029 Effect of interest expense on convertible debt, net of tax and discretionary expenditures related to conversion - - - - Net income available to common stockholders, adjusted for effect of debt conversion $ 16,233 $ 13,902 $ 43,534 $ 37,029 Diluted earnings per common share $ 0.61 $ 0.54 $ 1.65 $ 1.51

SECURITIES (Tables)

SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Amortized Cost and Fair Value of Available for Sale And Held to Maturity Securities	The amortized cost and fair value of available-for-sale and held-to-maturity securities at September 30, 2015 and December 31, 2014 are summarized as follows: Gross Gross Amortized Unrealized Unrealized Market Cost Gain Loss Value (In Thousands) September 30, 2015 Securities Available for Sale U.S. Treasury and government sponsored agencies $ 50,508 $ 1,084 $ (71) $ 51,521 Mortgage-backed securities 89,722 2,845 (46) 92,521 State and municipal securities 143,664 3,052 (92) 146,624 Corporate debt 15,884 116 - 16,000 Total 299,778 7,097 (209) 306,666 Securities Held to Maturity Mortgage-backed securities 22,211 382 (257) 22,336 State and municipal securities 5,758 423 (6) 6,175 Total $ 27,969 $ 805 $ (263) $ 28,511 December 31, 2014 Securities Available for Sale U.S. Treasury and government sponsored agencies $ 50,363 $ 775 $ - $ 51,138 Mortgage-backed securities 92,439 3,095 (11) 95,523 State and municipal securities 132,780 3,211 (328) 135,663 Corporate debt 15,821 165 - 15,986 Total 291,403 7,246 (339) 298,310 Securities Held to Maturity Mortgage-backed securities 23,804 449 (320) 23,933 State and municipal securities 5,551 490 - 6,041 Total $ 29,355 $ 939 $ (320) $ 29,974
Amortized Cost and Fair Value of Securities	The amortized cost and fair value of debt securities as of September 30, 2015 by contractual maturity are shown below. Actual maturities may differ from contractual maturities of mortgage-backed securities since the mortgages underlying the securities may be called or prepaid with or without penalty. Therefore, these securities are not included in the maturity categories along with the other categories of debt securities. September 30, 2015 December 31, 2014 Amortized Amortized Cost Fair Value Cost Fair Value (In thousands) Debt securities available for sale Less than one year $ 21,289 $ 21,450 $ 16,944 $ 17,246 One year to five years 145,941 148,960 121,591 123,962 Five years to ten years 42,009 42,891 60,079 61,221 More than ten years 817 844 350 358 Mortgage-backed securities 89,722 92,521 92,439 95,523 $ 299,778 $ 306,666 $ 291,403 $ 298,310 Debt securities held to maturity Due from five to ten years $ 627 $ 653 $ 298 $ 325 Due after ten years 5,131 5,522 5,253 5,716 Mortgage-backed securities 22,211 22,336 23,804 23,933 $ 27,969 $ 28,511 $ 29,355 $ 29,974
Investment Securities Continuous Unrealized Loss Position	Less Than Twelve Months Twelve Months or More Total Gross Gross Gross Unrealized Unrealized Unrealized Losses Fair Value Losses Fair Value Losses Fair Value (In Thousands) September 30, 2015 U.S. Treasury and government sponsored agencies $ (71) $ 3,939 $ - $ - $ (71) $ 3,939 Mortgage-backed securities (44) 2,625 (259) 13,441 (303) 16,066 State and municipal securities (53) 12,651 (45) 4,403 (98) 17,054 Corporate debt - - - - - - Total $ (168) $ 19,215 $ (304) $ 17,844 $ (472) $ 37,059 December 31, 2014 U.S. Treasury and government sponsored agencies $ - $ - $ - $ - $ - $ - Mortgage-backed securities - - (331) 17,751 (331) 17,751 State and municipal securities (162) 19,945 (166) 10,820 (328) 30,765 Corporate debt - - - - - - Total $ (162) $ 19,945 $ (497) $ 28,571 $ (659) $ 48,516

LOANS (Tables)

LOANS (Tables)	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Details Of Loans	The following table details the Company’s loans at September 30, 2015 and December 31, 2014: September 30, December 31, 2015 2014 (Dollars In Thousands) Commercial, financial and agricultural $ 1,671,014 $ 1,495,092 Real estate - construction 232,895 208,769 Real estate - mortgage: Owner-occupied commercial 978,721 793,917 1-4 family mortgage 417,011 333,455 Other mortgage 677,822 471,363 Subtotal: Real estate - mortgage 2,073,554 1,598,735 Consumer 66,779 57,262 Total Loans 4,044,242 3,359,858 Less: Allowance for loan losses (42,574) (35,629) Net Loans $ 4,001,668 $ 3,324,229 Commercial, financial and agricultural 41.32 % 44.50 % Real estate - construction 5.76 % 6.21 % Real estate - mortgage: Owner-occupied commercial 24.20 % 23.63 % 1-4 family mortgage 10.31 % 9.92 % Other mortgage 16.76 % 14.03 % Subtotal: Real estate - mortgage 51.27 % 47.58 % Consumer 1.65 % 1.71 % Total Loans 100.00 % 100.00 %
Loans By Credit Quality Indicator	Loans by credit quality indicator as of September 30, 2015 and December 31, 2014 were as follows: Special September 30, 2015 Pass Mention Substandard Doubtful Total (In Thousands) Commercial, financial and agricultural $ 1,601,109 $ 55,877 $ 14,028 $ - $ 1,671,014 Real estate - construction 222,200 6,051 4,644 - 232,895 Real estate - mortgage: Owner-occupied commercial 951,547 19,307 7,867 - 978,721 1-4 family mortgage 410,247 3,984 2,780 - 417,011 Other mortgage 659,394 13,086 5,342 - 677,822 Total real estate mortgage 2,021,188 36,377 15,989 - 2,073,554 Consumer 66,702 44 33 - 66,779 Total $ 3,911,199 $ 98,349 $ 34,694 $ - $ 4,044,242 Special December 31, 2014 Pass Mention Substandard Doubtful Total (In Thousands) Commercial, financial and agricultural $ 1,459,356 $ 25,416 $ 10,320 $ - $ 1,495,092 Real estate - construction 197,727 5,332 5,710 - 208,769 Real estate - mortgage: Owner-occupied commercial 784,492 6,848 2,577 - 793,917 1-4 family mortgage 326,316 4,253 2,886 - 333,455 Other mortgage 457,782 9,015 4,566 - 471,363 Total real estate mortgage 1,568,590 20,116 10,029 - 1,598,735 Consumer 56,559 37 666 - 57,262 Total $ 3,282,232 $ 50,901 $ 26,725 $ - $ 3,359,858
Loans By Performance Status	Loans by performance status as of September 30, 2015 and December 31, 2014 were as follows: September 30, 2015 Performing Nonperforming Total (In Thousands) Commercial, financial and agricultural $ 1,666,626 $ 4,388 $ 1,671,014 Real estate - construction 228,895 4,000 232,895 Real estate - mortgage: Owner-occupied commercial 978,600 121 978,721 1-4 family mortgage 416,184 827 417,011 Other mortgage 676,820 1,002 677,822 Total real estate mortgage 2,071,604 1,950 2,073,554 Consumer 66,743 36 66,779 Total $ 4,033,868 $ 10,374 $ 4,044,242 December 31, 2014 Performing Nonperforming Total (In Thousands) Commercial, financial and agricultural $ 1,493,995 $ 1,097 $ 1,495,092 Real estate - construction 203,720 5,049 208,769 Real estate - mortgage: Owner-occupied commercial 793,234 683 793,917 1-4 family mortgage 331,859 1,596 333,455 Other mortgage 470,404 959 471,363 Total real estate mortgage 1,595,497 3,238 1,598,735 Consumer 56,596 666 57,262 Total $ 3,349,808 $ 10,050 $ 3,359,858
Loans By Past Due Status	Loans by past due status as of September 30, 2015 and December 31, 2014 were as follows: September 30, 2015 Past Due Status (Accruing Loans) Total Past 30-59 Days 60-89 Days 90+ Days Due Non-Accrual Current Total Loans (In Thousands) Commercial, financial and agricultural $ 13 $ - $ 49 $ 62 $ 4,339 $ 1,666,613 $ 1,671,014 Real estate - construction - - - - 4,000 228,895 232,895 Real estate - mortgage: Owner-occupied commercial 34 - - 34 121 978,566 978,721 1-4 family mortgage 50 154 472 676 355 415,980 417,011 Other mortgage 1,401 - - 1,401 1,002 675,419 677,822 Total real estate - mortgage 1,485 154 472 2,111 1,478 2,069,965 2,073,554 Consumer 17 - 3 20 33 66,726 66,779 Total $ 1,515 $ 154 $ 524 $ 2,193 $ 9,850 $ 4,032,199 $ 4,044,242 December 31, 2014 Past Due Status (Accruing Loans) Total Past 30-59 Days 60-89 Days 90+ Days Due Non-Accrual Current Total Loans (In Thousands) Commercial, financial and agricultural $ 1,388 $ 3,490 $ 925 $ 5,803 $ 172 $ 1,489,117 $ 1,495,092 Real estate - construction - - - - 5,049 203,720 208,769 Real estate - mortgage: Owner-occupied commercial - - - - 683 793,234 793,917 1-4 family mortgage 14 - - 14 1,596 331,845 333,455 Other mortgage - - - - 959 470,404 471,363 Total real estate - mortgage 14 - - 14 3,238 1,595,483 1,598,735 Consumer 21 - - 21 666 56,575 57,262 Total $ 1,423 $ 3,490 $ 925 $ 5,838 $ 9,125 $ 3,344,895 $ 3,359,858
Changes In Allowance For Loan Losses Segregated By Loan Type	The following table presents an analysis of the allowance for loan losses by portfolio segment as of September 30, 2015 and December 31, 2014. The total allowance for loan losses is disaggregated into those amounts associated with loans individually evaluated and those associated with loans collectively evaluated. Commercial, financial and Real estate - Real estate - agricultural construction mortgage Consumer Total (In Thousands) Three Months Ended September 30, 2015 Allowance for loan losses: Balance at June 30, 2015 $ 19,052 $ 5,674 $ 14,171 $ 1,123 $ 40,020 Charge-offs (388) (31) - (126) (545) Recoveries 13 13 1 - 27 Provision 2,020 (237) 1,767 (478) 3,072 Balance at September 30, 2015 $ 20,697 $ 5,419 $ 15,939 $ 519 $ 42,574 Three Months Ended September 30, 2014 Allowance for loan losses: Balance at June 30, 2014 $ 13,637 $ 6,734 $ 11,523 $ 1,090 $ 32,984 Charge-offs (531) (610) (149) (131) (1,421) Recoveries - 97 14 20 131 Provision 1,364 461 905 18 2,748 Balance at September 30, 2014 $ 14,470 $ 6,682 $ 12,293 $ 997 $ 34,442 Nine Months Ended September 30, 2015 Allowance for loan losses: Balance at December 31, 2014 $ 16,079 $ 6,395 $ 12,112 $ 1,043 $ 35,629 Charge-offs (1,616) (506) (641) (150) (2,913) Recoveries 38 177 104 - 319 Provision 6,196 (647) 4,364 (374) 9,539 Balance at September 30, 2015 $ 20,697 $ 5,419 $ 15,939 $ 519 $ 42,574 Nine Months Ended September 30, 2014 Allowance for loan losses: Balance at December 31, 2013 $ 13,576 $ 6,078 $ 10,065 $ 944 $ 30,663 Charge-offs (1,895) (958) (1,043) (207) (4,103) Recoveries 46 285 28 23 382 Provision 2,743 1,277 3,243 237 7,500 Balance at September 30, 2014 $ 14,470 $ 6,682 $ 12,293 $ 997 $ 34,442 As of September 30, 2015 Allowance for loan losses: Individually Evaluated for Impairment $ 3,875 $ 1,089 $ 2,446 $ 33 $ 7,443 Collectively Evaluated for Impairment 16,822 4,330 13,493 486 35,131 Loans: Ending Balance $ 1,671,014 $ 232,895 $ 2,073,554 $ 66,779 $ 4,044,242 Individually Evaluated for Impairment 14,049 4,697 18,632 51 37,429 Collectively Evaluated for Impairment 1,656,965 228,198 2,054,922 66,728 4,006,813 As of December 31, 2014 Allowance for loan losses: Individually Evaluated for Impairment $ 1,344 $ 1,448 $ 1,636 $ 666 $ 5,094 Collectively Evaluated for Impairment 14,735 4,947 10,476 377 30,535 Loans: Ending Balance $ 1,495,092 $ 208,769 $ 1,598,735 $ 57,262 $ 3,359,858 Individually Evaluated for Impairment 10,350 5,680 10,029 666 26,725 Collectively Evaluated for Impairment 1,484,742 203,089 1,588,706 56,596 3,333,133
Details Of Company's Impaired Loans	For the three months For the nine months ended September 30, ended September 30, September 30, 2015 2015 2015 Interest Interest Unpaid Average Income Average Income Recorded Principal Related Recorded Recognized Recorded Recognized Investment Balance Allowance Investment in Period Investment in Period (In Thousands) With no allowance recorded: Commercial, financial and agricultural $ 1,133 $ 1,142 $ - $ 1,135 $ 5 $ 1,181 $ 13 Real estate - construction 806 809 - 910 9 1,094 26 Real estate - mortgage: Owner-occupied commercial 4,137 4,294 - 4,177 58 3,908 183 1-4 family mortgage 1,377 1,553 - 1,385 26 1,385 71 Other mortgage 3,155 3,321 - 3,168 38 3,191 139 Total real estate - mortgage 8,669 9,168 - 8,730 122 8,484 393 Consumer 18 23 - 19 - 19 1 Total with no allowance recorded 10,626 11,142 - 10,794 136 10,778 433 With an allowance recorded: Commercial, financial and agricultural 12,916 13,001 3,875 13,728 122 14,079 554 Real estate - construction 3,891 4,371 1,089 3,914 - 4,249 - Real estate - mortgage: Owner-occupied commercial 6,373 6,373 1,336 8,645 140 11,167 475 1-4 family mortgage 1,402 1,403 415 1,406 15 1,397 46 Other mortgage 2,188 2,188 695 2,189 19 2,329 58 Total real estate - mortgage 9,963 9,964 2,446 12,240 174 14,893 579 Consumer 33 33 33 34 1 34 6 Total with allowance recorded 26,803 27,369 7,443 29,916 297 33,255 1,139 Total Impaired Loans: Commercial, financial and agricultural 14,049 14,143 3,875 14,863 127 15,260 567 Real estate - construction 4,697 5,180 1,089 4,824 9 5,343 26 Real estate - mortgage: Owner-occupied commercial 10,510 10,667 1,336 12,822 198 15,075 658 1-4 family mortgage 2,779 2,956 415 2,791 41 2,782 117 Other mortgage 5,343 5,509 695 5,357 57 5,520 197 Total real estate - mortgage 18,632 19,132 2,446 20,970 296 23,377 972 Consumer 51 56 33 53 1 53 7 Total impaired loans $ 37,429 $ 38,511 $ 7,443 $ 40,710 $ 433 $ 44,033 $ 1,572 December 31, 2014 Unpaid Average Interest Income Recorded Principal Related Recorded Recognized in Investment Balance Allowance Investment Period (In Thousands) With no allowance recorded: Commercial, financial and agricultural $ 7,059 $ 7,059 $ - $ 7,104 $ 406 Real estate - construction 1,527 1,527 - 1,493 40 Real estate - mortgage: Owner-occupied commercial 1,576 1,576 - 236 12 1-4 family mortgage 542 592 - 592 19 Other mortgage 1,944 1,944 - 2,283 142 Total real estate - mortgage 4,062 4,112 - 3,111 173 Consumer - - - - - Total with no allowance recorded 12,648 12,698 - 11,708 619 With an allowance recorded: Commercial, financial and agricultural 3,291 3,291 1,344 3,262 156 Real estate - construction 4,153 4,633 1,448 4,382 19 Real estate - mortgage: Owner-occupied commercial 1,001 1,001 160 1,140 29 1-4 family mortgage 2,344 2,344 694 2,743 56 Other mortgage 2,622 2,622 782 2,767 84 Total real estate - mortgage 5,967 5,967 1,636 6,650 169 Consumer 666 666 666 681 - Total with allowance recorded 14,077 14,557 5,094 14,975 344 Total Impaired Loans: Commercial, financial and agricultural 10,350 10,350 1,344 10,366 562 Real estate - construction 5,680 6,160 1,448 5,875 59 Real estate - mortgage: Owner-occupied commercial 2,577 2,577 160 1,376 41 1-4 family mortgage 2,886 2,936 694 3,335 75 Other mortgage 4,566 4,566 782 5,050 226 Total real estate - mortgage 10,029 10,079 1,636 9,761 342 Consumer 666 666 666 681 - Total impaired loans $ 26,725 $ 27,255 $ 5,094 $ 26,683 $ 963
Analysis Of Troubled Debt Restructuring	TDR activity by portfolio segment for the three and nine months ended September 30, 2014 is presented in the table below. Three Months Ended September 30, 2014 Nine Months Ended September 30, 2014 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number of Recorded Recorded Number of Recorded Recorded Contracts Investment Investment Contracts Investment Investment (In Thousands) Troubled Debt Restructurings Commercial, financial and agricultural 1 $ 390 $ 390 2 $ 889 $ 889 Real estate - construction - - - - - - Real estate - mortgage: Owner-occupied commercial - - - - - - 1-4 family mortgage 1 4,449 4,449 1 4,449 4,449 Other mortgage 1 275 275 2 1,684 1,684 Total real estate mortgage 2 4,724 4,724 3 6,133 6,133 Consumer - - - - - - 3 $ 5,114 $ 5,114 5 $ 7,022 $ 7,022 The following table presents by portfolio segment Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 (In thousands) Defaulted during the period, where modified in a TDR twelve months prior to default Commercial, financial and agricultural $ - $ - $ - $ - Real estate - construction - - - - Real estate - mortgage: Owner-occupied commercial - - - - 1-4 family mortgage - 4,313 - 4,313 Other mortgage - - - - Total real estate mortgage - 4,313 - 4,313 Consumer - - - - $ - $ 4,313 $ - $ 4,313

EMPLOYEE AND DIRECTOR BENEFITS

EMPLOYEE AND DIRECTOR BENEFITS (Tables)	9 Months Ended
	Sep. 30, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Assumptions Used To Estimates Fair Value Of Stock Option Award Using Black Scholes Merton Valuation Model	The risk-free rate for periods within the contractual life of the option is based on the U. S. Treasury yield curve in effect at the time of grant. 2015 2014 Expected volatility 24.00 % 19.25 % Expected dividends 0.71 % 1.45 % Expected term (in years) 6.25 7.75 Risk-free rate 1.85 % 2.33 %
Summary Of Stock Option Activity	The following table summarizes stock option activity during the nine months ended September 30, 2015 and September 30, 2014: Weighted Weighted Average Average Remaining Aggregate Exercise Contractual Intrinsic Shares Price Term (years) Value (In Thousands) Nine Months Ended September 30, 2015: Outstanding at January 1, 2015 1,622,917 $ 9.38 5.9 $ 38,256 Granted 162,000 33.26 9.5 - Exercised (459,000) 7.24 3.0 16,495 Forfeited (7,500) 10.00 6.6 226 Outstanding at September 30, 2015 1,318,417 13.05 6.4 $ 35,697 Exercisable at September 30, 2015 256,918 $ 8.96 4.9 $ 8,008 Nine Months Ended September 30, 2014: Outstanding at January 1, 2014 2,328,900 $ 7.69 5.5 $ 14,300 Granted 114,000 13.83 9.4 1,707 Exercised (821,400) 5.77 2.6 18,920 Forfeited - - - - Outstanding at September 30, 2014 1,621,500 9.10 6.1 $ 31,942 Exercisable at September 30, 2014 609,000 $ 7.17 4.7 $ 13,174

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Financial Assets And Liabilities Carried At Fair Value On Recurring Basis	The following table presents the Company’s financial assets and financial liabilities carried at fair value on a recurring basis as of September 30, 2015 and December 31, 2014: Fair Value Measurements at September 30, 2015 Using Quoted Prices in Active Markets Significant Other Significant for Identical Observable Inputs Unobservable Assets (Level 1) (Level 2) Inputs (Level 3) Total (In Thousands) Assets Measured on a Recurring Basis: Available-for-sale securities: U.S. Treasury and government sponsored agencies $ - $ 51,521 $ - $ 51,521 Mortgage-backed securities - 92,521 - 92,521 State and municipal securities - 146,624 - 146,624 Corporate debt - 16,000 - 16,000 Total assets at fair value $ - $ 306,666 $ - $ 306,666 Fair Value Measurements at December 31, 2014 Using Quoted Prices in Active Markets Significant Other Significant for Identical Observable Inputs Unobservable Assets (Level 1) (Level 2) Inputs (Level 3) Total (In Thousands) Assets Measured on a Recurring Basis: Available-for-sale securities U.S. Treasury and government sponsored agencies $ - $ 51,138 $ - $ 51,138 Mortgage-backed securities - 95,523 - 95,523 State and municipal securities - 135,663 - 135,663 Corporate debt - 15,986 - 15,986 Total assets at fair value $ - $ 298,310 $ - $ 298,310
Financial Assets And Liabilities Carried At Fair Value On Nonrecurring Basis	The following table presents the Company’s financial assets and financial liabilities carried at fair value on a nonrecurring basis as of September 30, 2015 and December 31, 2014: Fair Value Measurements at September 30, 2015 Using Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable (Level 1) (Level 2) Inputs (Level 3) Total (In Thousands) Assets Measured on a Nonrecurring Basis: Impaired loans $ - $ - $ 29,986 $ 29,986 Other real estate owned and repossessed assets - - 6,068 6,068 Total assets at fair value $ - $ - $ 36,054 $ 36,054 Fair Value Measurements at December 31, 2014 Using Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable (Level 1) (Level 2) Inputs (Level 3) Total (In Thousands) Assets Measured on a Nonrecurring Basis: Impaired loans $ - $ - $ 21,631 $ 21,631 Other real estate owned and repossessed assets - - 6,840 6,840 Total assets at fair value $ - $ - $ 28,471 $ 28,471
Carrying Amount And Estimated Fair Value Of Financial Instruments	This table includes those financial assets and liabilities that are not measured and reported at fair value on a recurring basis or nonrecurring basis. September 30, 2015 December 31, 2014 Carrying Carrying Amount Fair Value Amount Fair Value (In Thousands) Financial Assets: Level 1 inputs: Cash and due from banks $ 216,463 $ 216,463 $ 296,573 $ 296,573 Level 2 inputs: Available for sale debt securities 306,666 306,666 298,310 298,310 Held to maturity debt securities 27,969 28,511 29,355 29,974 Restricted equity securities 4,954 4,954 3,921 3,921 Federal funds sold 26,229 26,229 891 891 Mortgage loans held for sale 5,387 5,449 5,984 5,984 Bank owned life insurance contracts 90,964 90,964 86,288 86,288 Level 3 inputs: Loans, net 4,001,668 4,015,104 3,324,229 3,327,371 Financial liabilities: Level 2 inputs: Deposits $ 4,044,634 $ 4,046,448 $ 3,398,160 $ 3,399,261 Federal funds purchased 228,415 228,415 264,315 264,315 Other borrowings 55,728 64,230 19,973 19,973

GENERAL (Additional Information

GENERAL (Additional Information) (Details)	9 Months Ended
	Sep. 30, 2015
Core Deposit Intangible Asset Amortization Period	7 years

ACQUISITION (Details)

ACQUISITION (Details) $ in Thousands	1 Months Ended
	Jan. 31, 2015USD ($)
Assets acquired:
Cash and cash equivalents	$ 8,543
Debt securities	28,792
Equity securities	499
Loans	148,995
Allowance for loan losses	0
Premises and equipment, net	8,437
Accrued interest receivable	484
Deferred taxes	780
Other real estate owned	2,348
Bank owned life insurance contracts	2,685
Core deposit intangible	2,090
Other assets	364
Total assets acquired	204,017
Liabilities assumed:
Deposits	175,754
Federal funds purchased	2,175
Other borrowings	1,396
Accrued interest payable	89
Other liabilities	268
Total liabilities assumed	179,682
Net assets acquired	24,335
Consideration Paid:
Cash	(20,926)
Stock	(19,356)
Total consideration paid	(40,282)
Goodwill	15,947
Metro Bancshares, Inc [Member]
Assets acquired:
Cash and cash equivalents	8,543
Debt securities	28,833
Equity securities	499
Loans	152,869
Allowance for loan losses	(1,621)
Premises and equipment, net	7,606
Accrued interest receivable	484
Deferred taxes	754
Other real estate owned	2,373
Bank owned life insurance contracts	2,685
Core deposit intangible	0
Other assets	364
Total assets acquired	203,389
Liabilities assumed:
Deposits	175,236
Federal funds purchased	2,175
Other borrowings	1,400
Accrued interest payable	89
Other liabilities	268
Total liabilities assumed	179,168
Net assets acquired	24,221
Consideration Paid:
Cash	(20,900)
Preliminary Fair Value Adjustment [Member]
Assets acquired:
Cash and cash equivalents	0	[1]
Debt securities	(41)	[1],[2]
Equity securities	0	[1]
Loans	(3,874)	[1],[3]
Allowance for loan losses	1,621	[1],[3]
Premises and equipment, net	831	[1],[4]
Accrued interest receivable	0	[1]
Deferred taxes	26	[1],[5]
Other real estate owned	(25)	[1],[6]
Bank owned life insurance contracts	0	[1]
Core deposit intangible	2,090	[1],[7]
Other assets	0	[1]
Total assets acquired	628	[1]
Liabilities assumed:
Deposits	518	[1],[8]
Federal funds purchased	0	[1]
Other borrowings	(4)	[1],[9]
Accrued interest payable	0	[1]
Other liabilities	0	[1]
Total liabilities assumed	514	[1]
Net assets acquired	$ 114	[1]
[1]	The Company’s acquisition of Metro Bancshares, Inc. closed on January 31, 2015. Accordingly, each of the fair value adjustments shown are preliminary estimates of the purchase accounting adjustments. Management is continuing to evaluate each of these fair value adjustments and may revise one or more of them in future periods based on this continuing evaluation. During the second quarter of 2015, the fair value of other real estate owned was adjusted down by $280,000 to reflect the price received in an unsolicited offer to buy the property by a third party. During the second quarter of 2015, premises and equipment was written down by $41,000 to reflect the price received from a third party buyer of a piece of unimproved land held by the Company. To the extent that any of the preliminary fair value adjustments are revised in future periods, the resultant fair values and the amount of goodwill recorded by the Company will change.
[2]	Adjustment reflects the fair value adjustment based on the Company’s pricing of the acquired debt securities portfolio.
[3]	Adjustment reflects the fair value adjustment based on the Company’s evaluation of the acquired loan portfolio and to eliminate the recorded allowance for loan losses.
[4]	Adjustment reflects the fair value adjustment based on the Company’s evaluation of the premises and equipment acquired.
[5]	Adjustment reflects the differences in the carrying values of acquired assets and assumed liabilities for financial statement purposes and their basis for federal income tax purposes.
[6]	Adjustment reflects the fair value adjustment based on the Company’s evaluation of the other real estate owned acquired.
[7]	Adjustment reflects the fair value adjustment for the core deposit intangible asset recorded as a result of the acquisition.
[8]	Adjustment reflects the fair value adjustment based on the Company’s evaluation of the acquired deposits.
[9]	Adjustment reflects the fair value adjustment based on the Company’s evaluation of the assumed debt.

ACQUISITION (Additional Informa

ACQUISITION (Additional Information) (Details) - USD ($)	1 Months Ended	3 Months Ended			9 Months Ended
	Jan. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross	$ 20,926,000
Estimated Fair Value Of Purchased Credit Impaired Loans Acquired	5,100,000
Real Estate Owned, Amount of Loss at Acquisition		$ 248,000		$ 225,000	$ 477,000	$ 757,000
Metro Bancshares, Inc [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross	$ 20,900,000
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	636,592
Impairment of Long-Lived Assets Held-for-use			$ 41,000
Real Estate Owned, Amount of Loss at Acquisition			$ 280,000

EARNINGS PER COMMON SHARE (Summ

EARNINGS PER COMMON SHARE (Summary of Earning Per Common Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Earnings per common share
Weighted average common shares outstanding	25,883,562	24,761,632	25,636,690	23,539,218
Net income available to common stockholders	$ 16,233	$ 13,902	$ 43,534	$ 37,029
Basic earnings per common share	$ 0.63	$ 0.56	$ 1.7	$ 1.57
Weighted average common shares outstanding	25,883,562	24,761,632	25,636,690	23,539,218
Dilutive effects of assumed conversions and exercise of stock options and warrants	622,772	964,681	754,410	1,059,032
Weighted average common and dilutive potential common shares outstanding	26,506,334	25,726,313	26,391,100	24,598,250
Net income available to common stockholders	$ 16,233	$ 13,902	$ 43,534	$ 37,029
Effect of interest expense on convertible debt, net of tax and discretionary expenditures related to conversion	0	0	0	0
Net income available to common stockholders, adjusted for effect of debt conversion	$ 16,233	$ 13,902	$ 43,534	$ 37,029
Diluted earnings per common share	$ 0.61	$ 0.54	$ 1.65	$ 1.51

SECURITIES (Amortized Cost And

SECURITIES (Amortized Cost And Fair Value Of Available For Sale And Held To Maturity Securities) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Securities Available for Sale
Amortized Cost	$ 299,778	$ 291,403
Gross Unrealized Gain	7,097	7,246
Gross Unrealized Loss	(209)	(339)
Market Value	306,666	298,310
Securities Held to Maturity
Amortized Cost	27,969	29,355
Gross Unrealized Gain	805	939
Gross Unrealized Loss	(263)	(320)
Market Value	28,511	29,974
U.S. Treasury and Government Sponsored Agencies [Member]
Securities Available for Sale
Amortized Cost	50,508	50,363
Gross Unrealized Gain	1,084	775
Gross Unrealized Loss	(71)	0
Market Value	51,521	51,138
Mortgage-Backed Securities [Member]
Securities Available for Sale
Amortized Cost	89,722	92,439
Gross Unrealized Gain	2,845	3,095
Gross Unrealized Loss	(46)	(11)
Market Value	92,521	95,523
Securities Held to Maturity
Amortized Cost	22,211	23,804
Gross Unrealized Gain	382	449
Gross Unrealized Loss	(257)	(320)
Market Value	22,336	23,933
State and Municipal Securities [Member]
Securities Available for Sale
Amortized Cost	143,664	132,780
Gross Unrealized Gain	3,052	3,211
Gross Unrealized Loss	(92)	(328)
Market Value	146,624	135,663
Securities Held to Maturity
Amortized Cost	5,758	5,551
Gross Unrealized Gain	423	490
Gross Unrealized Loss	(6)	0
Market Value	6,175	6,041
Corporate Debt [Member]
Securities Available for Sale
Amortized Cost	15,884	15,821
Gross Unrealized Gain	116	165
Gross Unrealized Loss	0	0
Market Value	$ 16,000	$ 15,986

SECURITIES (Amortized Cost An34

SECURITIES (Amortized Cost And Fair Value Of Contractual Securities) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Debt securities available for sale
Amortized Cost	$ 299,778	$ 291,403
Fair Value	306,666	298,310
Debt securities held to maturity
Amortized Cost	27,969	29,355
Fair Value	28,511	29,974
Due within one year [Member]
Debt securities available for sale
Amortized Cost	21,289	16,944
Fair Value	21,450	17,246
Due from one to five years [Member]
Debt securities available for sale
Amortized Cost	145,941	121,591
Fair Value	148,960	123,962
Due from five to ten years [Member]
Debt securities available for sale
Amortized Cost	42,009	60,079
Fair Value	42,891	61,221
Debt securities held to maturity
Amortized Cost	627	298
Fair Value	653	325
Due after ten years [Member]
Debt securities available for sale
Amortized Cost	817	350
Fair Value	844	358
Debt securities held to maturity
Amortized Cost	5,131	5,253
Fair Value	5,522	5,716
Mortgage-backed securities [Member]
Debt securities available for sale
Amortized Cost	89,722	92,439
Fair Value	92,521	95,523
Debt securities held to maturity
Amortized Cost	22,211	23,804
Fair Value	$ 22,336	$ 23,933

SECURITIES (Investment Securiti

SECURITIES (Investment Securities Continuous Unrealized Loss Position) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Gross Unrealized Losses	$ (472)	$ (659)
Fair Value	37,059	48,516
U.S. Treasury and Government Sponsored Agencies [Member]
Gross Unrealized Losses	(71)	0
Fair Value	3,939	0
Mortgage-Backed Securities [Member]
Gross Unrealized Losses	(303)	(331)
Fair Value	16,066	17,751
State and Municipal Securities [Member]
Gross Unrealized Losses	(98)	(328)
Fair Value	17,054	30,765
Corporate Debt [Member]
Gross Unrealized Losses	0	0
Fair Value	0	0
Less Than Twelve Months [Member]
Gross Unrealized Losses	(168)	(162)
Fair Value	19,215	19,945
Less Than Twelve Months [Member] | U.S. Treasury and Government Sponsored Agencies [Member]
Gross Unrealized Losses	(71)	0
Fair Value	3,939	0
Less Than Twelve Months [Member] | Mortgage-Backed Securities [Member]
Gross Unrealized Losses	(44)	0
Fair Value	2,625	0
Less Than Twelve Months [Member] | State and Municipal Securities [Member]
Gross Unrealized Losses	(53)	(162)
Fair Value	12,651	19,945
Less Than Twelve Months [Member] | Corporate Debt [Member]
Gross Unrealized Losses	0	0
Fair Value	0	0
Twelve Months Or More [Member]
Gross Unrealized Losses	(304)	(497)
Fair Value	17,844	28,571
Twelve Months Or More [Member] | U.S. Treasury and Government Sponsored Agencies [Member]
Gross Unrealized Losses	0	0
Fair Value	0	0
Twelve Months Or More [Member] | Mortgage-Backed Securities [Member]
Gross Unrealized Losses	(259)	(331)
Fair Value	13,441	17,751
Twelve Months Or More [Member] | State and Municipal Securities [Member]
Gross Unrealized Losses	(45)	(166)
Fair Value	4,403	10,820
Twelve Months Or More [Member] | Corporate Debt [Member]
Gross Unrealized Losses	0	0
Fair Value	$ 0	$ 0

SECURITIES (Additional Informat

SECURITIES (Additional Information) (Details)	9 Months Ended
	Sep. 30, 2015USD ($)shares
Number Of Debt Securities Sold	18
Number Of Debt Securities Available For Sale	36
One Mortgage Backed Debt Security [Member]
Available-for-sale Debt Securities Gross Unrealized Gain | $	$ 29,000

LOANS (Details Of Loans) (Detai

LOANS (Details Of Loans) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014		Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
Accounts Notes and Loans Receivable [Line Items]
Commercial, financial and agricultural	$ 1,671,014		$ 1,495,092
Real estate - construction	232,895		208,769
Real estate - mortgage:
Owner-occupied commercial	978,721		793,917
1-4 family mortgage	417,011		333,455
Other mortgage	677,822		471,363
Subtotal: Real estate - mortgage	2,073,554		1,598,735
Consumer	66,779		57,262
Total Loans	4,044,242		3,359,858
Less allowance for loan losses	(42,574)	$ (40,020)	(35,629)	[1]	$ (34,442)	$ (32,984)	$ (30,663)
Net Loans	$ 4,001,668		$ 3,324,229	[1]
Commercial, financial and agricultural, Percentage	41.32%		44.50%
Real estate - construction, Percentage	5.76%		6.21%
Owner-occupied commercial, Real estate - mortgage, Percentage	24.20%		23.63%
1-4 family mortgage, Real estate - mortgage, Percentage	10.31%		9.92%
Other mortgage, Real estate - mortgage, Percentage	16.76%		14.03%
Subtotal: Real estate - mortgage, Percentage	51.27%		47.58%
Consumer, Percentage	1.65%		1.71%
Total Loans, Percentage	100.00%		100.00%
[1]	Derived from audited financial statements.

LOANS (Loans By Credit Quality

LOANS (Loans By Credit Quality Indicator) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable Recorded Investment [Line Items]
Commercial, financial and agricultural	$ 1,671,014	$ 1,495,092
Real estate - construction	232,895	208,769
Real estate - mortgage:
Owner-occupied commercial	978,721	793,917
1-4 family mortgage	417,011	333,455
Other mortgage	677,822	471,363
Total real estate mortgage	2,073,554	1,598,735
Consumer	66,779	57,262
Total	4,044,242	3,359,858
Pass [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial, financial and agricultural	1,601,109	1,459,356
Real estate - construction	222,200	197,727
Real estate - mortgage:
Owner-occupied commercial	951,547	784,492
1-4 family mortgage	410,247	326,316
Other mortgage	659,394	457,782
Total real estate mortgage	2,021,188	1,568,590
Consumer	66,702	56,559
Total	3,911,199	3,282,232
Special Mention [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial, financial and agricultural	55,877	25,416
Real estate - construction	6,051	5,332
Real estate - mortgage:
Owner-occupied commercial	19,307	6,848
1-4 family mortgage	3,984	4,253
Other mortgage	13,086	9,015
Total real estate mortgage	36,377	20,116
Consumer	44	37
Total	98,349	50,901
Substandard [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial, financial and agricultural	14,028	10,320
Real estate - construction	4,644	5,710
Real estate - mortgage:
Owner-occupied commercial	7,867	2,577
1-4 family mortgage	2,780	2,886
Other mortgage	5,342	4,566
Total real estate mortgage	15,989	10,029
Consumer	33	666
Total	34,694	26,725
Doubtful [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial, financial and agricultural	0	0
Real estate - construction	0	0
Real estate - mortgage:
Owner-occupied commercial	0	0
1-4 family mortgage	0	0
Other mortgage	0	0
Total real estate mortgage	0	0
Consumer	0	0
Total	$ 0	$ 0

LOANS (Loans By Performance Sta

LOANS (Loans By Performance Status) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable Recorded Investment [Line Items]
Commercial, financial and agricultural	$ 1,671,014	$ 1,495,092
Real estate - construction	232,895	208,769
Real estate - mortgage:
Owner-occupied commercial	978,721	793,917
1-4 family mortgage	417,011	333,455
Other mortgage	677,822	471,363
Total real estate mortgage	2,073,554	1,598,735
Consumer	66,779	57,262
Total	4,044,242	3,359,858
Performing Financing Receivable [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial, financial and agricultural	1,666,626	1,493,995
Real estate - construction	228,895	203,720
Real estate - mortgage:
Owner-occupied commercial	978,600	793,234
1-4 family mortgage	416,184	331,859
Other mortgage	676,820	470,404
Total real estate mortgage	2,071,604	1,595,497
Consumer	66,743	56,596
Total	4,033,868	3,349,808
Nonperforming Financing Receivable [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial, financial and agricultural	4,388	1,097
Real estate - construction	4,000	5,049
Real estate - mortgage:
Owner-occupied commercial	121	683
1-4 family mortgage	827	1,596
Other mortgage	1,002	959
Total real estate mortgage	1,950	3,238
Consumer	36	666
Total	$ 10,374	$ 10,050

LOANS (Loans By Past Due Status

LOANS (Loans By Past Due Status) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	$ 2,193		$ 5,838
Non-Accrual	9,850		9,125
Current	4,032,199		3,344,895
Total Loans	4,044,242	$ 4,044,242	3,359,858	[1]
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	1,515		1,423
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	154		3,490
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	524		925
Commercial Financial and Agricultural Financing Receivable [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	62		5,803
Non-Accrual	4,339		172
Current	1,666,613		1,489,117
Total Loans	1,671,014		1,495,092
Commercial Financial and Agricultural Financing Receivable [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	13		1,388
Commercial Financial and Agricultural Financing Receivable [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	0		3,490
Commercial Financial and Agricultural Financing Receivable [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	49		925
Commercial Mortgage Loans Owner Occupied [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	34		0
Non-Accrual	121		683
Current	978,566		793,234
Total Loans	978,721		793,917
Commercial Mortgage Loans Owner Occupied [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	34		0
Commercial Mortgage Loans Owner Occupied [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	0		0
Commercial Mortgage Loans Owner Occupied [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	0		0
One To Four Family Mortgage Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	676		14
Non-Accrual	355		1,596
Current	415,980		331,845
Total Loans	417,011		333,455
One To Four Family Mortgage Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	50		14
One To Four Family Mortgage Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	154		0
One To Four Family Mortgage Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	472		0
Other Real Estate Mortgage Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	1,401		0
Non-Accrual	1,002		959
Current	675,419		470,404
Total Loans	677,822		471,363
Other Real Estate Mortgage Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	1,401		0
Other Real Estate Mortgage Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	0		0
Other Real Estate Mortgage Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	0		0
Residential Real Estate Mortgage Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	2,111		14
Non-Accrual	1,478		3,238
Current	2,069,965		1,595,483
Total Loans	2,073,554		1,598,735
Residential Real Estate Mortgage Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	1,485		14
Residential Real Estate Mortgage Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	154		0
Residential Real Estate Mortgage Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	472		0
Consumer Portfolio Segment [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	20		21
Non-Accrual	33		666
Current	66,726		56,575
Total Loans	66,779		57,262
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	17		21
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	0		0
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	3		0
Construction Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	0		0
Non-Accrual	4,000		5,049
Current	228,895		203,720
Total Loans	232,895		208,769
Construction Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	0		0
Construction Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	0		0
Construction Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Past Due Status (Accruing Loans) Total Past Due	$ 0		$ 0
[1]	Derived from audited financial statements.

LOANS (Analysis of Allowance Fo

LOANS (Analysis of Allowance For Loan Losses By Portfolio Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015		Sep. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Allowance For Loan Losses
Balance, beginning of year	$ 40,020	$ 32,984	$ 35,629	[1]	$ 30,663
Charge-offs	(545)	(1,421)	(2,913)		(4,103)
Recoveries	27	131	319		382
Provision	3,072	2,748	9,539		7,500
Balance, end of year	42,574	34,442	42,574		34,442
Individually Evaluated for Impairment	7,443		7,443				$ 5,094
Collectively Evaluated for Impairment	35,131		35,131				30,535
Ending Balance	4,044,242		4,044,242			$ 4,044,242	3,359,858	[1]
Individually Evaluated for Impairment	37,429		37,429				26,725
Collectively Evaluated for Impairment	4,006,813		4,006,813				3,333,133
Commercial Financial and Agricultural Financing Receivable [Member]
Allowance For Loan Losses
Balance, beginning of year	19,052	13,637	16,079		13,576
Charge-offs	(388)	(531)	(1,616)		(1,895)
Recoveries	13	0	38		46
Provision	2,020	1,364	6,196		2,743
Balance, end of year	20,697	14,470	20,697		14,470
Individually Evaluated for Impairment	3,875		3,875				1,344
Collectively Evaluated for Impairment	16,822		16,822				14,735
Ending Balance	1,671,014		1,671,014				1,495,092
Individually Evaluated for Impairment	14,049		14,049				10,350
Collectively Evaluated for Impairment	1,656,965		1,656,965				1,484,742
Residential Real Estate Mortgage Loans [Member]
Allowance For Loan Losses
Balance, beginning of year	14,171	11,523	12,112		10,065
Charge-offs	0	(149)	(641)		(1,043)
Recoveries	1	14	104		28
Provision	1,767	905	4,364		3,243
Balance, end of year	15,939	12,293	15,939		12,293
Individually Evaluated for Impairment	2,446		2,446				1,636
Collectively Evaluated for Impairment	13,493		13,493				10,476
Ending Balance	2,073,554		2,073,554				1,598,735
Individually Evaluated for Impairment	18,632		18,632				10,029
Collectively Evaluated for Impairment	2,054,922		2,054,922				1,588,706
Consumer Portfolio Segment [Member]
Allowance For Loan Losses
Balance, beginning of year	1,123	1,090	1,043		944
Charge-offs	(126)	(131)	(150)		(207)
Recoveries	0	20	0		23
Provision	(478)	18	(374)		237
Balance, end of year	519	997	519		997
Individually Evaluated for Impairment	33		33				666
Collectively Evaluated for Impairment	486		486				377
Ending Balance	66,779		66,779				57,262
Individually Evaluated for Impairment	51		51				666
Collectively Evaluated for Impairment	66,728		66,728				56,596
Construction Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Allowance For Loan Losses
Balance, beginning of year	5,674	6,734	6,395		6,078
Charge-offs	(31)	(610)	(506)		(958)
Recoveries	13	97	177		285
Provision	(237)	461	(647)		1,277
Balance, end of year	5,419	$ 6,682	5,419		$ 6,682
Individually Evaluated for Impairment	1,089		1,089				1,448
Collectively Evaluated for Impairment	4,330		4,330				4,947
Ending Balance	232,895		232,895				208,769
Individually Evaluated for Impairment	4,697		4,697				5,680
Collectively Evaluated for Impairment	$ 228,198		$ 228,198				$ 203,089
[1]	Derived from audited financial statements.

LOANS (Details Of Company's Imp

LOANS (Details Of Company's Impaired Loans) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable Impaired [Line Items]
Recorded Investment, with no allowance recorded	$ 10,626	$ 10,626	$ 12,648
Unpaid Principal Balance, with no allowance recorded	11,142	11,142	12,698
Related Allowance, with no allowance recorded	0	0	0
Average Recorded Investment , with no allowance recorded	10,794	10,778	11,708
Interest Income Recognized in Period, with no allowance recorded	136	433	619
Recorded Investment, with an allowance recorded	26,803	26,803	14,077
Unpaid Principal Balance, with an allowance recorded	27,369	27,369	14,557
Related Allowance with an allowance recorded	7,443	7,443	5,094
Average Recorded Investment , with an allowance recorded	29,916	33,255	14,975
Interest Income Recognized in Period, with an allowance recorded	297	1,139	344
Recorded Investment	37,429	37,429	26,725
Unpaid Principal Balance	38,511	38,511	27,255
Related Allowance	7,443	7,443	5,094
Average Recorded Investment	40,710	44,033	26,683
Interest Income Recognized in Period	433	1,572	963
Commercial Financial and Agricultural Financing Receivable [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, with no allowance recorded	1,133	1,133	7,059
Unpaid Principal Balance, with no allowance recorded	1,142	1,142	7,059
Related Allowance, with no allowance recorded	0	0	0
Average Recorded Investment , with no allowance recorded	1,135	1,181	7,104
Interest Income Recognized in Period, with no allowance recorded	5	13	406
Recorded Investment, with an allowance recorded	12,916	12,916	3,291
Unpaid Principal Balance, with an allowance recorded	13,001	13,001	3,291
Related Allowance with an allowance recorded	3,875	3,875	1,344
Average Recorded Investment , with an allowance recorded	13,728	14,079	3,262
Interest Income Recognized in Period, with an allowance recorded	122	554	156
Recorded Investment	14,049	14,049	10,350
Unpaid Principal Balance	14,143	14,143	10,350
Related Allowance	3,875	3,875	1,344
Average Recorded Investment	14,863	15,260	10,366
Interest Income Recognized in Period	127	567	562
Commercial Mortgage Loans Owner Occupied [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, with no allowance recorded	4,137	4,137	1,576
Unpaid Principal Balance, with no allowance recorded	4,294	4,294	1,576
Related Allowance, with no allowance recorded	0	0	0
Average Recorded Investment , with no allowance recorded	4,177	3,908	236
Interest Income Recognized in Period, with no allowance recorded	58	183	12
Recorded Investment, with an allowance recorded	6,373	6,373	1,001
Unpaid Principal Balance, with an allowance recorded	6,373	6,373	1,001
Related Allowance with an allowance recorded	1,336	1,336	160
Average Recorded Investment , with an allowance recorded	8,645	11,167	1,140
Interest Income Recognized in Period, with an allowance recorded	140	475	29
Recorded Investment	10,510	10,510	2,577
Unpaid Principal Balance	10,667	10,667	2,577
Related Allowance	1,336	1,336	160
Average Recorded Investment	12,822	15,075	1,376
Interest Income Recognized in Period	198	658	41
One To Four Family Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, with no allowance recorded	1,377	1,377	542
Unpaid Principal Balance, with no allowance recorded	1,553	1,553	592
Related Allowance, with no allowance recorded	0	0	0
Average Recorded Investment , with no allowance recorded	1,385	1,385	592
Interest Income Recognized in Period, with no allowance recorded	26	71	19
Recorded Investment, with an allowance recorded	1,402	1,402	2,344
Unpaid Principal Balance, with an allowance recorded	1,403	1,403	2,344
Related Allowance with an allowance recorded	415	415	694
Average Recorded Investment , with an allowance recorded	1,406	1,397	2,743
Interest Income Recognized in Period, with an allowance recorded	15	46	56
Recorded Investment	2,779	2,779	2,886
Unpaid Principal Balance	2,956	2,956	2,936
Related Allowance	415	415	694
Average Recorded Investment	2,791	2,782	3,335
Interest Income Recognized in Period	41	117	75
Other Real Estate Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, with no allowance recorded	3,155	3,155	1,944
Unpaid Principal Balance, with no allowance recorded	3,321	3,321	1,944
Related Allowance, with no allowance recorded	0	0	0
Average Recorded Investment , with no allowance recorded	3,168	3,191	2,283
Interest Income Recognized in Period, with no allowance recorded	38	139	142
Recorded Investment, with an allowance recorded	2,188	2,188	2,622
Unpaid Principal Balance, with an allowance recorded	2,188	2,188	2,622
Related Allowance with an allowance recorded	695	695	782
Average Recorded Investment , with an allowance recorded	2,189	2,329	2,767
Interest Income Recognized in Period, with an allowance recorded	19	58	84
Recorded Investment	5,343	5,343	4,566
Unpaid Principal Balance	5,509	5,509	4,566
Related Allowance	695	695	782
Average Recorded Investment	5,357	5,520	5,050
Interest Income Recognized in Period	57	197	226
Residential Real Estate Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, with no allowance recorded	8,669	8,669	4,062
Unpaid Principal Balance, with no allowance recorded	9,168	9,168	4,112
Related Allowance, with no allowance recorded	0	0	0
Average Recorded Investment , with no allowance recorded	8,730	8,484	3,111
Interest Income Recognized in Period, with no allowance recorded	122	393	173
Recorded Investment, with an allowance recorded	9,963	9,963	5,967
Unpaid Principal Balance, with an allowance recorded	9,964	9,964	5,967
Related Allowance with an allowance recorded	2,446	2,446	1,636
Average Recorded Investment , with an allowance recorded	12,240	14,893	6,650
Interest Income Recognized in Period, with an allowance recorded	174	579	169
Recorded Investment	18,632	18,632	10,029
Unpaid Principal Balance	19,132	19,132	10,079
Related Allowance	2,446	2,446	1,636
Average Recorded Investment	20,970	23,377	9,761
Interest Income Recognized in Period	296	972	342
Consumer Portfolio Segment [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, with no allowance recorded	18	18	0
Unpaid Principal Balance, with no allowance recorded	23	23	0
Related Allowance, with no allowance recorded	0	0	0
Average Recorded Investment , with no allowance recorded	19	19	0
Interest Income Recognized in Period, with no allowance recorded	0	1	0
Recorded Investment, with an allowance recorded	33	33	666
Unpaid Principal Balance, with an allowance recorded	33	33	666
Related Allowance with an allowance recorded	33	33	666
Average Recorded Investment , with an allowance recorded	34	34	681
Interest Income Recognized in Period, with an allowance recorded	1	6	0
Recorded Investment	51	51	666
Unpaid Principal Balance	56	56	666
Related Allowance	33	33	666
Average Recorded Investment	53	53	681
Interest Income Recognized in Period	1	7	0
Construction Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, with no allowance recorded	806	806	1,527
Unpaid Principal Balance, with no allowance recorded	809	809	1,527
Related Allowance, with no allowance recorded	0	0	0
Average Recorded Investment , with no allowance recorded	910	1,094	1,493
Interest Income Recognized in Period, with no allowance recorded	9	26	40
Recorded Investment, with an allowance recorded	3,891	3,891	4,153
Unpaid Principal Balance, with an allowance recorded	4,371	4,371	4,633
Related Allowance with an allowance recorded	1,089	1,089	1,448
Average Recorded Investment , with an allowance recorded	3,914	4,249	4,382
Interest Income Recognized in Period, with an allowance recorded	0	0	19
Recorded Investment	4,697	4,697	5,680
Unpaid Principal Balance	5,180	5,180	6,160
Related Allowance	1,089	1,089	1,448
Average Recorded Investment	4,824	5,343	5,875
Interest Income Recognized in Period	$ 9	$ 26	$ 59

LOANS (Analysis Of Troubled Deb

LOANS (Analysis Of Troubled Debt Restructuring) (Details) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)Number	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)Number	Dec. 31, 2014USD ($)
Financing Receivable Modifications [Line Items]
Number of Contracts | Number		3		5
Pre- Modification Outstanding Recorded Investment		$ 5,114		$ 7,022
Post- Modification Outstanding Recorded Investment		5,114	$ 8,300	7,022	$ 9,000
Previous Twelve Months Recorded Investment	$ 0	$ 4,313	0	$ 4,313
Commercial Financial and Agricultural Financing Receivable [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | Number		1		2
Pre- Modification Outstanding Recorded Investment		$ 390		$ 889
Post- Modification Outstanding Recorded Investment		390		889
Previous Twelve Months Recorded Investment	0	$ 0	0	$ 0
Commercial Mortgage Loans Owner Occupied [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | Number		0		0
Pre- Modification Outstanding Recorded Investment		$ 0		$ 0
Post- Modification Outstanding Recorded Investment		0		0
Previous Twelve Months Recorded Investment	0	$ 0	0	$ 0
One To Four Family Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | Number		1		1
Pre- Modification Outstanding Recorded Investment		$ 4,449		$ 4,449
Post- Modification Outstanding Recorded Investment		4,449		4,449
Previous Twelve Months Recorded Investment	0	$ 4,313	0	$ 4,313
Other Real Estate Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | Number		1		2
Pre- Modification Outstanding Recorded Investment		$ 275		$ 1,684
Post- Modification Outstanding Recorded Investment		275		1,684
Previous Twelve Months Recorded Investment	0	$ 0	0	$ 0
Residential Real Estate Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | Number		2		3
Pre- Modification Outstanding Recorded Investment		$ 4,724		$ 6,133
Post- Modification Outstanding Recorded Investment		4,724		6,133
Previous Twelve Months Recorded Investment	0	$ 4,313	0	$ 4,313
Consumer Portfolio Segment [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | Number		0		0
Pre- Modification Outstanding Recorded Investment		$ 0		$ 0
Post- Modification Outstanding Recorded Investment		0		0
Previous Twelve Months Recorded Investment	0	$ 0	0	$ 0
Construction Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts		0		0
Pre- Modification Outstanding Recorded Investment		$ 0		$ 0
Post- Modification Outstanding Recorded Investment		0		0
Previous Twelve Months Recorded Investment	$ 0	$ 0	$ 0	$ 0

LOANS (Additional Information)

LOANS (Additional Information) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Troubled Debt Restructuring Debtor Current Period [Line Items]
Troubled Debt Restructurings	$ 5,114	$ 8,300	$ 7,022	$ 9,000
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down		$ 1,200	$ 1,900	$ 1,000

EMPLOYEE AND DIRECTOR BENEFIT45

EMPLOYEE AND DIRECTOR BENEFITS (Assumptions Used To Estimates Fair Value Of Stock Option Award Using Black Scholes Merton Valuation Model) (Details)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	24.00%	19.25%
Expected dividends	0.71%	1.45%
Expected term (in years)	6 years 3 months	7 years 9 months
Risk-free rate	1.85%	2.33%

EMPLOYEE AND DIRECTOR BENEFIT46

EMPLOYEE AND DIRECTOR BENEFITS (Summary Of Stock Option Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Outstanding at beginning of year	1,622,917	2,328,900
Shares, Granted	162,000	114,000
Shares, Exercised	(459,000)	(821,400)
Shares, Forfeited	(7,500)	0
Shares, Outstanding at end of year	1,318,417	1,621,500
Shares, Exercisable	256,918	609,000
Weighted Average Exercise Price, Outstanding at beginning of year	$ 9.38	$ 7.69
Weighted Average Exercise Price, Granted	33.26	13.83
Weighted Average Exercise Price, Exercised	7.24	5.77
Weighted Average Exercise Price, Forfeited	10	0
Weighted Average Exercise Price, Outstanding at end of year	13.05	9.1
Weighted Average Exercise Price, Exercisable	$ 8.96	$ 7.17
Weighted Average Remaining Contractual Term (years), Outstanding at beginning	5 years 10 months 24 days	5 years 6 months
Weighted Average Remaining Contractual Term (years), Granted	9 years 6 months	9 years 4 months 24 days
Weighted Average Remaining Contractual Term (years), Exercised	3 years	2 years 7 months 6 days
Weighted Average Remaining Contractual Term (years), Forfeited	6 years 7 months 6 days	0 years
Weighted Average Remaining Contractual Term (years), Outstanding at ending	6 years 4 months 24 days	6 years 1 month 6 days
Weighted Average Remaining Contractual Term (years), Exercisable	4 years 10 months 24 days	4 years 8 months 12 days
Aggregate Intrinsic Value, Outstanding at beginning of year	$ 38,256	$ 14,300
Aggregate Intrinsic Value, Granted	0	1,707
Aggregate Intrinsic Value, Exercised	16,495	18,920
Aggregate Intrinsic Value, Forfeited	226	0
Aggregate Intrinsic Value, Outstanding at end of year	35,697	31,942
Aggregate Intrinsic Value, Exercisable	$ 8,008	$ 13,174

EMPLOYEE AND DIRECTOR BENEFIT47

EMPLOYEE AND DIRECTOR BENEFITS (Additional Information) (Details) - USD ($)	1 Months Ended	3 Months Ended				6 Months Ended	9 Months Ended
	Apr. 30, 2014	Sep. 30, 2015	Jun. 30, 2015	Sep. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation		$ 293,000		$ 302,000			$ 857,000	$ 3,403,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value							$ 8.40	$ 2.95
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized		2,100,000					$ 2,100,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition							1 year 6 months
Non Routine Expenses					$ 703,000	$ 1,800,000
Stock Issued During Period, Shares, Restricted Stock Award, Forfeited			7,500
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized		$ 770,000					$ 770,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition							1 year 1 month 6 days
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total							237,088
Plan 2005 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant		3,075,000					3,075,000
Plan 2009 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant		2,775,000					2,775,000
Share-based Compensation Arrangement by Share-based Payment Award, Other Share Increase (Decrease)	1,500,000

FAIR VALUE MEASUREMENT (Financi

FAIR VALUE MEASUREMENT (Financial Assets And Financial Liabilities Carried At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	$ 306,666	$ 298,310
Fair Value Measurements Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	306,666	298,310
Fair Value Measurements Recurring [Member] | U.S. Treasury and Government Sponsored Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	51,521	51,138
Fair Value Measurements Recurring [Member] | Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	92,521	95,523
Fair Value Measurements Recurring [Member] | State and Municipal Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	146,624	135,663
Fair Value Measurements Recurring [Member] | Corporate Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	16,000	15,986
Fair Value Measurements Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Fair Value Measurements Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | U.S. Treasury and Government Sponsored Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Fair Value Measurements Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Fair Value Measurements Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | State and Municipal Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Fair Value Measurements Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Corporate Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Fair Value Measurements Recurring [Member] | Fair Value Inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	306,666	298,310
Fair Value Measurements Recurring [Member] | Fair Value Inputs Level 2 [Member] | U.S. Treasury and Government Sponsored Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	51,521	51,138
Fair Value Measurements Recurring [Member] | Fair Value Inputs Level 2 [Member] | Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	92,521	95,523
Fair Value Measurements Recurring [Member] | Fair Value Inputs Level 2 [Member] | State and Municipal Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	146,624	135,663
Fair Value Measurements Recurring [Member] | Fair Value Inputs Level 2 [Member] | Corporate Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	16,000	15,986
Fair Value Measurements Recurring [Member] | Fair Value Inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Fair Value Measurements Recurring [Member] | Fair Value Inputs Level 3 [Member] | U.S. Treasury and Government Sponsored Agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Fair Value Measurements Recurring [Member] | Fair Value Inputs Level 3 [Member] | Mortgage-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Fair Value Measurements Recurring [Member] | Fair Value Inputs Level 3 [Member] | State and Municipal Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Fair Value Measurements Recurring [Member] | Fair Value Inputs Level 3 [Member] | Corporate Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	$ 0	$ 0

FAIR VALUE MEASUREMENT (Carryin

FAIR VALUE MEASUREMENT (Carrying Amount And Estimated Fair Value Of Financial Instruments) (Details) - Fair Value Measurements Nonrecurring [Member] - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 29,986	$ 21,631
Other real estate owned and repossessed assets	6,068	6,840
Total assets at fair value	36,054	28,471
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Other real estate owned and repossessed assets	0	0
Total assets at fair value	0	0
Fair Value Inputs Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Other real estate owned and repossessed assets	0	0
Total assets at fair value	0	0
Fair Value Inputs Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	29,986	21,631
Other real estate owned and repossessed assets	6,068	6,840
Total assets at fair value	$ 36,054	$ 28,471

FAIR VALUE MEASUREMENT (Finan50

FAIR VALUE MEASUREMENT (Financial Assets And Liabilities Carried At Fair Value On Recurring Basis Or Nonrecurring Basis) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financial Assets:
Cash and due from banks	$ 50,481	$ 48,519	[1]
Available for sale debt securities	306,666	298,310	[1]
Held to maturity debt securities	27,969	29,355	[1]
Restricted equity securities	4,954	3,921	[1]
Federal funds sold	26,229	891	[1]
Mortgage loans held for sale	5,387	5,984	[1]
Bank owned life insurance contracts	90,964	86,288	[1]
Loans, net	4,001,668	3,324,229	[1]
Financial Liabilities:
Federal funds purchased	228,415	264,315	[1]
Carrying Reported Amount Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member]
Financial Assets:
Cash and due from banks	216,463	296,573
Carrying Reported Amount Fair Value Disclosure [Member] | Fair Value Inputs Level 2 [Member]
Financial Assets:
Available for sale debt securities	306,666	298,310
Held to maturity debt securities	27,969	29,355
Restricted equity securities	4,954	3,921
Federal funds sold	26,229	891
Mortgage loans held for sale	5,387	5,984
Bank owned life insurance contracts	90,964	86,288
Financial Liabilities:
Deposits	4,044,634	3,398,160
Federal funds purchased	228,415	264,315
Other borrowings	55,728	19,973
Carrying Reported Amount Fair Value Disclosure [Member] | Fair Value Inputs Level 3 [Member]
Financial Assets:
Loans, net	4,001,668	3,324,229
Portion At Fair Value Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member]
Financial Assets:
Cash and due from banks	216,463	296,573
Portion At Fair Value Fair Value Disclosure [Member] | Fair Value Inputs Level 2 [Member]
Financial Assets:
Available for sale debt securities	306,666	298,310
Held to maturity debt securities	28,511	29,974
Restricted equity securities	4,954	3,921
Federal funds sold	26,229	891
Mortgage loans held for sale	5,449	5,984
Bank owned life insurance contracts	90,964	86,288
Financial Liabilities:
Deposits	4,046,448	3,399,261
Federal funds purchased	228,415	264,315
Other borrowings	64,230	19,973
Portion At Fair Value Fair Value Disclosure [Member] | Fair Value Inputs Level 3 [Member]
Financial Assets:
Loans, net	$ 4,015,104	$ 3,327,371
[1]	Derived from audited financial statements.

FAIR VALUE MEASUREMENT (Additio

FAIR VALUE MEASUREMENT (Additional Information) (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Asset Impairment Charges	$ 1,573,000	$ 724,000	$ 5,209,000	$ 4,280,000
Real Estate Owned, Amount of Loss at Acquisition	$ 248,000	$ 225,000	477,000	$ 757,000
Mortgage Loans on Real Estate, Foreclosures			$ 514,000		$ 684,000