First Bancorp (FBNC) 10-Q 9 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Jul. 31, 2018
Document And Entity Information
Entity Registrant Name	FIRST BANCORP /NC/
Entity Central Index Key	811,589
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity's Reporting Status Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		29,702,912
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,018

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
ASSETS
Cash and due from banks, noninterest-bearing	$ 97,163	$ 114,301	$ 80,234
Due from banks, interest-bearing	462,972	375,189	337,326
Total cash and cash equivalents	560,135	489,490	417,560
Securities available for sale	334,068	343,270	207,496
Securities held to maturity (fair values of $107,068, $118,998, and $129,697)	108,265	118,503	127,866
Presold mortgages in process of settlement	9,311	12,459	13,071
Loans	4,149,390	4,042,369	3,375,976
Allowance for loan losses	(23,298)	(23,298)	(24,025)
Net loans	4,126,092	4,019,071	3,351,951
Premises and equipment	113,774	116,233	96,605
Accrued interest receivable	13,930	14,094	10,830
Goodwill	232,458	233,070	139,124
Other intangible assets	23,152	24,437	12,132
Foreclosed real estate	8,296	12,571	11,196
Bank-owned life insurance	100,413	99,162	87,501
Other assets	87,706	64,677	53,288
Total assets	5,717,600	5,547,037	4,528,620
LIABILITIES
Deposits: Noninterest bearing checking accounts	1,252,214	1,196,161	990,004
Interest bearing checking accounts	915,666	884,254	728,973
Money market accounts	1,021,659	984,945	782,963
Savings accounts	440,475	454,860	411,814
Time deposits of $100,000 or more	647,206	593,123	479,839
Other time deposits	276,401	293,612	250,737
Total deposits	4,553,621	4,406,955	3,644,330
Borrowings	407,076	407,543	355,405
Accrued interest payable	1,651	1,235	1,014
Other liabilities	30,530	38,325	27,220
Total liabilities	4,992,878	4,854,058	4,027,969
Commitments and contingencies
SHAREHOLDERS' EQUITY
Preferred stock, no par value per share. Authorized: 5,000,000 shares Series C, convertible, issued & outstanding: none, none, and none
Common stock, no par value per share. Authorized: 40,000,000 shares Issued & outstanding: 29,702,912, 29,639,374, and 24,678,295 shares	434,117	432,794	262,901
Retained earnings	301,800	264,331	240,682
Stock in rabbi trust assumed in acquisition	(3,214)	(3,581)	(4,257)
Rabbi trust obligation	3,214	3,581	4,257
Accumulated other comprehensive income (loss)	(11,195)	(4,146)	(2,932)
Total shareholders' equity	724,722	692,979	500,651
Total liabilities and shareholders' equity	$ 5,717,600	$ 5,547,037	$ 4,528,620

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Securities held to maturity fair values	$ 107,068	$ 118,998	$ 129,697
Preferred stock, shares authorized	5,000,000	5,000,000	5,000,000
Common stock, shares authorized	40,000,000	40,000,000	40,000,000
Common stock, shares issued	29,702,912	29,639,374	24,678,295
Common stock, shares outstanding	29,702,912	29,639,374	24,678,295
Series C Preferred Stock [Member]
Preferred stock, shares issued
Preferred stock, shares outstanding

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018		Jun. 30, 2017
INTEREST INCOME
Interest and fees on loans	$ 51,451	$ 39,656	$ 101,621		$ 73,359
Interest on investment securities:
Taxable interest income	2,465	1,710	5,051		3,265
Tax-exempt interest income	368	427	748		870
Other, principally overnight investments	2,451	1,034	4,376		1,801
Total interest income	56,735	42,827	111,796		79,295
INTEREST EXPENSE
Savings, checking and money market accounts	1,132	685	2,111		1,207
Time deposits	1,850	874	3,325		1,588
Other time deposits	251	173	470		339
Borrowings	2,270	1,179	4,151		1,949
Total interest expense	5,503	2,911	10,057		5,083
Net interest income	51,232	39,916	101,739		74,212
Provision (reversal) for loan losses	(710)		(4,369)		723
Net interest income after provision for loan losses	51,942	39,916	106,108		73,489
NONINTEREST INCOME
Service charges on deposit accounts	3,122	2,966	6,385		5,580
Other service charges, commissions and fees	4,913	3,554	9,510		6,727
Fees from presold mortgage loans	796	1,511	1,655		2,279
Commissions from sales of insurance and financial products	2,119	1,038	4,059		1,878
SBA consulting fees	1,126	1,050	2,267		2,310
SBA loan sale gains	2,598	927	6,400		1,549
Bank-owned life insurance income	628	580	1,251	[1]	1,088	[1]
Foreclosed property gains (losses), net	(99)	(248)	(387)		(223)
Securities gains (losses), net					(235)
Other gains (losses), net	908	497	912		731
Total noninterest income	16,111	11,875	32,052		21,684
NONINTEREST EXPENSES
Salaries expense	18,446	16,299	37,844		30,249
Employee benefits expense	4,084	4,042	8,691		7,952
Total personnel expense	22,530	20,341	46,535		38,201
Occupancy expense	2,543	2,358	5,345		4,542
Equipment related expenses	1,241	1,363	2,493		2,421
Merger and acquisition expenses	640	1,122	3,401		3,495
Intangibles amortization expense	1,745	1,031	3,417		1,607
Other operating expenses	10,174	8,869	21,280		16,890
Total noninterest expenses	38,873	35,084	82,471		67,156
Income before income taxes	29,180	16,707	55,689		28,017
Income tax expense	6,450	5,553	12,286		9,308
Net income available to common shareholders	$ 22,730	$ 11,154	$ 43,403		$ 18,709
Earnings per common share: Basic	$ 0.77	$ 0.45	$ 1.47		$ 0.80
Earnings per common share: Diluted	0.77	0.45	1.46		0.80
Dividends declared per common share	$ 0.10	$ 0.08	$ 0.20		$ 0.16
Weighted average common shares outstanding: Basic	29,544,747	24,593,307	29,539,308		23,288,635
Weighted average common shares outstanding: Diluted	29,632,738	24,671,550	29,630,822		23,368,503
[1]	Not within the scope of ASC 606.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 22,730	$ 11,154	$ 43,403	$ 18,709
Unrealized gains (losses) on securities available for sale:
Unrealized holding gains (losses) arising during the period, pretax	(2,012)	1,989	(9,302)	3,102
Tax (expense) benefit	471	(737)	2,174	(1,144)
Reclassification to realized (gains) losses				235
Tax expense (benefit)				(87)
Postretirement Plans:
Amortization of unrecognized net actuarial (gain) loss	51	54	103	105
Tax expense (benefit)	(12)	(16)	(24)	(36)
Other comprehensive income (loss)	(1,502)	1,290	(7,049)	2,175
Comprehensive income	$ 21,228	$ 12,444	$ 36,354	$ 20,884

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Retained Earnings [Member]	Stock in Rabbi Trust Assumed in Acquisition [Member]	Rabbi Trust Obligation [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Beginning balance at Dec. 31, 2016	$ 147,287	$ 225,921			$ (5,107)	$ 368,101
Beginning balance, shares at Dec. 31, 2016	20,845
Net income		18,709				18,709
Cash dividends declared		(3,948)				(3,948)
Equity issued pursuant to acquisition	$ 114,478		(7,688)	7,688		114,478
Equity issued pursuant to acquisition, shares	3,799
Payment of deferred fees			3,431	(3,431)
Stock option exercises	$ 287					287
Stock option exercises, shares	16
Stock-based compensation	$ 849					849
Stock-based compensation, shares	18
Other comprehensive income (loss)					2,175	2,175
Ending balance at Jun. 30, 2017	$ 262,901	240,682	(4,257)	4,257	(2,932)	$ 500,651
Ending balance, shares at Jun. 30, 2017	24,678					24,678,295
Beginning balance at Dec. 31, 2017	$ 432,794	264,331	(3,581)	3,581	(4,146)	$ 692,979
Beginning balance, shares at Dec. 31, 2017	29,639					29,639,374
Net income		43,403				$ 43,403
Cash dividends declared		(5,934)				(5,934)
Payment of deferred fees			367	(367)
Stock option exercises	$ 324					324
Stock option exercises, shares	25
Stock withheld for payment of taxes
Stock withheld for payment of taxes, shares	(4)
Stock-based compensation	$ 999					999
Stock-based compensation, shares	43
Other comprehensive income (loss)					(7,049)	(7,049)
Ending balance at Jun. 30, 2018	$ 434,117	$ 301,800	$ (3,214)	$ 3,214	$ (11,195)	$ 724,722
Ending balance, shares at Jun. 30, 2018	29,703					29,702,912

Consolidated Statements of Sha7

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of Stockholders' Equity [Abstract]
Cash dividends declared, per share	$ 0.10	$ 0.08	$ 0.20	$ 0.16

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Cash Flows From Operating Activities
Net income	$ 22,730	$ 11,154	$ 43,403	$ 18,709
Reconciliation of net income to net cash provided (used) by operating activities:
Provision (reversal) for loan losses	(710)		(4,369)	723	$ 723
Net security premium amortization			1,476	1,470
Loan discount accretion			(4,407)	(3,328)
Purchase accounting accretion and amortization, net			(125)	(122)
Foreclosed property (gains) losses and write-downs, net			387	223
Loss (gain) on securities available for sale				235
Other losses (gains)			(912)	(731)
Decrease (increase) in net deferred loan fees			(955)	759
Depreciation of premises and equipment			2,859	2,708
Stock-based compensation expense			827	683
Amortization of intangible assets	1,745	1,031	3,417	1,607
Fees/gains from sale of presold mortgages and SBA loans			(8,055)	(3,828)
Origination of presold mortgages in process of settlement			(70,056)	(109,454)
Proceeds from sales of presold mortgages in process of settlement			74,729	107,986
Origination of SBA loans for sale			(110,116)	(27,432)
Proceeds from sales of SBA loans			88,811	22,260
(Increase) decrease in accrued interest receivable			164	(27)
(Increase) decrease in other assets			(14,988)	2,810
Increase in accrued interest payable			416	211
Decrease in other liabilities			(7,504)	(11,886)
Net cash provided (used) by operating activities			(4,998)	3,576
Cash Flows From Investing Activities
Purchases of securities available for sale			(18,850)	(29,809)
Purchases of securities held to maturity				(291)
Proceeds from maturities/issuer calls of securities available for sale			17,835	15,497
Proceeds from maturities/issuer calls of securities held to maturity			9,679	13,683
Proceeds from sales of securities available for sale				45,601
Purchases of Federal Reserve and Federal Home Loan Bank stock, net			(6,099)	(6,527)
Net increase in loans			(73,471)	(162,197)
Proceeds from sales of foreclosed real estate			4,619	4,610
Purchases of premises and equipment			(1,959)	(2,135)
Proceeds from sales of premises and equipment			2,579
Net cash received in acquisition				56,185
Net cash used by investing activities			(65,667)	(65,383)
Cash Flows From Financing Activities
Net increase in deposits			146,882	111,756
Net increase (decrease) in borrowings			(558)	64,973
Cash dividends paid - common stock			(5,338)	(3,642)
Proceeds from stock option exercises	216	242	324	287
Net cash provided by financing activities			141,310	173,374
Increase in cash and cash equivalents			70,645	111,567
Cash and cash equivalents, beginning of period			489,490	305,993	305,993
Cash and cash equivalents, end of period	$ 560,135	$ 417,560	560,135	417,560	$ 489,490
Supplemental Disclosures of Cash Flow Information:
Cash paid during the period for: Interest			9,641	4,872
Cash paid during the period for: Income taxes			10,190	8,570
Non-cash transactions:
Unrealized gain (loss) on securities available for sale, net of taxes			(7,128)	2,106
Foreclosed loans transferred to other real estate			$ 1,913	$ 3,415

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Note 1 - Basis of Presentation In the opinion of the Company, the accompanying unaudited consolidated financial statements contain all adjustments necessary to present fairly the consolidated financial position of the Company as of June 30, 2018 and 2017 and the consolidated results of operations and consolidated cash flows for the periods ended June 30, 2018 and 2017. All such adjustments were of a normal, recurring nature. Reference is made to the 2017 Annual Report on Form 10-K filed with the SEC for a discussion of accounting policies and other relevant information with respect to the financial statements. The results of operations for the periods ended June 30, 2018 and 2017 are not necessarily indicative of the results to be expected for the full year. The Company has evaluated all subsequent events through the date the financial statements were issued.

Accounting Policies

Accounting Policies	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Accounting Policies	Note 2 – Accounting Policies Note 1 to the 2017 Annual Report on Form 10-K filed with the SEC contains a description of the accounting policies followed by the Company and a discussion of recent accounting pronouncements. The following paragraphs update that information as necessary. Accounting Standards Adopted in 2018 In May 2014, the Financial Accounting Standards Board (“FASB”) issued guidance to change the recognition of revenue from contracts with customers. The core principle of the new guidance is that an entity should recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. The Company’s revenue is comprised of net interest income and noninterest income. The scope of the guidance explicitly excludes net interest income as well as many other revenues for financial assets and liabilities including loans, leases, securities, and derivatives. Accordingly, the majority of the Company’s revenues were not affected. The guidance was effective for the Company on January 1, 2018 and the Company adopted the guidance using the modified retrospective method. The adoption did not have a material effect on the Company’s financial statements. In January 2016, the FASB amended the Financial Instruments topic of the Accounting Standards Codification to address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. This update is intended to improve the recognition and measurement of financial instruments and it requires an entity to: (i) measure equity investments at fair value through net income, with certain exceptions; (ii) present in other comprehensive income the changes in instrument-specific credit risk for financial liabilities measured using the fair value option; (iii) present financial assets and financial liabilities by measurement category and form of financial asset; (iv) calculate the fair value of financial instruments for disclosure purposes based on an exit price and; (v) assess a valuation allowance on deferred tax assets related to unrealized losses of available for sale debt securities in combination with other deferred tax assets. The guidance also provides an election to subsequently measure certain nonmarketable equity investments at cost less any impairment and adjusted for certain observable price changes and requires a qualitative impairment assessment of such equity investments and amends certain fair value disclosure requirements. The amendments were effective for the Company on January 1, 2018 and the adoption of the guidance did not have a material effect on its financial statements. In March 2016, the FASB amended the Liabilities topic of the Accounting Standards Codification to address the current and potential future diversity in practice related to the derecognition of a prepaid stored-value product liability. The amendments were effective for the Company on January 1, 2018 and did not have a material effect on its financial statements. In March 2017, the FASB amended the requirements in the Compensation—Retirement Benefits topic of the Accounting Standards Codification related to the income statement presentation of the components of net periodic benefit cost for an entity’s sponsored defined benefit pension and other postretirement plans. The amendments require that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by pertinent employees during the period. The other components of net periodic benefit cost are required to be presented in the income statement separately from the service cost component. The amendments were effective for the Company on January 1, 2018 and did not have a material effect on its financial statements. In February 2018, the FASB issued guidance related to the Income Statement – Reporting Comprehensive Income topic of the Accounting Standards Codification, which allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017, which was signed into law on December 22, 2017. The guidance will be effective for all annual and interim periods beginning January 1, 2019, with early adoption permitted. The Company chose to early adopt the new standard for the year ending December 31, 2017, as allowed under the new standard, and reclassified $0.7 million between Accumulated Other Comprehensive Income and Retained Earnings. Accounting Standards Pending Adoption In February 2016, the FASB issued new guidance on accounting for leases, which generally requires all leases to be recognized in the statement of financial position by recording an asset representing its right to use the underlying asset and recording a liability, which represents the Company’s obligation to make lease payments. The provisions of this guidance are effective for reporting periods beginning after December 15, 2018; early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In June 2016, the FASB issued guidance to change the accounting for credit losses. The guidance requires an entity to utilize a new impairment model known as the current expected credit loss ("CECL") model to estimate its lifetime "expected credit loss" and record an allowance that, when deducted from the amortized cost basis of the financial asset, presents the net amount expected to be collected on the financial asset. The CECL model is expected to result in earlier recognition of credit losses. The guidance also requires new disclosures for financial assets measured at amortized cost, loans and available-for-sale debt securities. The Company will apply the guidance through a cumulative-effect adjustment to retained earnings as of the beginning of the year of adoption. While early adoption is permitted beginning in first quarter 2019, the Company does not expect to elect that option. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2019. The Company is currently evaluating the impact of this guidance on its consolidated financial statements; however, the Company expects the adoption of this guidance will result in a significant increase in its recorded allowance for loan losses. In January 2017, the FASB amended the Goodwill and Other Intangibles topic of the Accounting Standards Codification to simplify the accounting for goodwill impairment for public business entities and other entities that have goodwill reported in their financial statements and have not elected the private company alternative for the subsequent measurement of goodwill. The amendment removes Step 2 of the goodwill impairment test. The amount of goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The effective date and transition requirements for the technical corrections will be effective for the Company for reporting periods beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not expect this amendment to have a material effect on its financial statements. In March 2017, the FASB amended the requirements in the Receivables—Nonrefundable Fees and Other Costs topic of the Accounting Standards Codification related to the amortization period for certain purchased callable debt securities held at a premium. The amendments shorten the amortization period for the premium to the earliest call date. The amendments will be effective for the Company for interim and annual periods beginning after December 15, 2018. Early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In June 2018, the FASB amended the Compensation—Stock Compensation Topic of the Accounting Standards Codification. The amendments expand the scope of this Topic to include share-based payment transactions for acquiring goods and services from nonemployees. The amendments are effective for fiscal years beginning after December 15, 2018, including interim periods within that fiscal year. Early adoption is permitted, but no earlier than an entity’s adoption date of the Revenue from Contracts with Customers Topic. The Company does not expect these amendments to have a material effect on its financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.

Reclassifications

Reclassifications	6 Months Ended
	Jun. 30, 2018
Reclassifications [Abstract]
Reclassifications	Note 3 – Reclassifications Certain amounts reported in the period ended June 30, 2017 have been reclassified to conform to the presentation for June 30, 2018. These reclassifications had no effect on net income or shareholders’ equity for the periods presented, nor did they materially impact trends in financial information.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2018
Business Combinations [Abstract]
Acquisitions	Note 4 – Acquisitions Since January 1, 2017, the Company completed the acquisitions described below. The results of each acquired company are included in the Company’s results beginning on its respective acquisition date. (1) On March 3, 2017, the Company completed the acquisition of Carolina Bank Holdings, Inc. (“Carolina Bank”), headquartered in Greensboro, North Carolina, pursuant to an Agreement and Plan of Merger and Reorganization dated June 21, 2016. The results of Carolina Bank are included in First Bancorp’s results beginning on the March 3, 2017 acquisition date. Carolina Bank Holdings, Inc. was the parent company of Carolina Bank, a North Carolina state-charted bank with eight bank branches located in the North Carolina cities of Greensboro, High Point, Burlington, Winston-Salem, and Asheboro, and mortgage offices in Burlington, Hillsborough, and Sanford. The acquisition complemented the Company’s expansion into several of these high-growth markets and increased its market share in others with facilities, operations and experienced staff already in place. The Company was willing to record goodwill primarily due to the reasons just noted, as well as the positive earnings of Carolina Bank. The total merger consideration consisted of $25.3 million in cash and 3,799,471 shares of the Company’s common stock, with each share of Carolina Bank common stock being exchanged for either $20.00 in cash or 1.002 shares of the Company’s stock, subject to the total consideration being 75% stock / 25% cash. The issuance of common stock was valued at $114.5 million and was based on the Company’s closing stock price on March 3, 2017 of $30.13 per share. This acquisition was accounted for using the purchase method of accounting for business combinations, and accordingly, the assets and liabilities of Carolina Bank were recorded based on estimates of fair values as of March 3, 2017. The Company was able to change its valuations of acquired Carolina Bank assets and liabilities for up to one year after the acquisition date. The table below is a condensed balance sheet disclosing the amount assigned to each major asset and liability category of Carolina Bank on March 3, 2017, and the related fair value adjustments recorded by the Company to reflect the acquisition. The $65.1 million in goodwill that resulted from this transaction is non-deductible for tax purposes. ($ in thousands) As Initial Fair Measurement As Assets Cash and cash equivalents $ 81,466 (2 ) (a) — 81,464 Securities 49,629 (261 ) (b) — 49,368 Loans, gross 505,560 (5,469 ) (c) 146 (l) 497,522 (2,715 ) (d) — Allowance for loan losses (5,746 ) 5,746 (e) — — Premises and equipment 17,967 4,251 (f) (319 ) (m) 21,899 Core deposit intangible — 8,790 (g) — 8,790 Other 34,976 (4,804 ) (h) 2,225 (n) 32,397 Total 683,852 5,536 2,052 691,440 Liabilities Deposits $ 584,950 431 (i) — 585,381 Borrowings 21,855 (2,855 ) (j) (262 ) (o) 18,738 Other 12,855 225 (k) (444 ) (p) 12,636 Total 619,660 (2,199 ) (706 ) 616,755 Net identifiable assets acquired 74,685 Total cost of acquisition Value of stock issued $ 114,478 Cash paid in the acquisition 25,279 Total cost of acquisition 139,757 Goodwill recorded related to acquisition of Carolina Bank $ 65,072 Explanation of Fair Value Adjustments (a) This adjustment was recorded to a short-term investment to its estimated fair value. (b) This fair value adjustment was recorded to adjust the securities portfolio to its estimated fair value. (c) This fair value adjustment represents the amount necessary to reduce performing loans to their fair value due to interest rate factors and credit factors. Assuming the loans continue to perform, this amount will be amortized to increase interest income over the remaining lives of the related loans. (d) This fair value adjustment was recorded to write-down purchased credit impaired loans assumed in the acquisition to their estimated fair market value. (e) This fair value adjustment reduced the allowance for loan losses to zero as required by relevant accounting guidance. (f) This adjustment represents the amount necessary to increase premises and equipment from its book value on the date of acquisition to its estimated fair market value. (g) This fair value adjustment represents the value of the core deposit base assumed in the acquisition based on a study performed by an independent consulting firm. This amount was recorded by the Company as an identifiable intangible asset and will be amortized as expense on an accelerated basis over seven years. (h) This fair value adjustment primarily represents the net deferred tax liability associated with the other fair value adjustments made to record the transaction. (i) This fair value adjustment was recorded because the weighted average interest rate of Carolina Bank’s time deposits exceeded the cost of similar wholesale funding at the time of the acquisition. This amount is being amortized to reduce interest expense on an accelerated basis over their remaining five year life. (j) This fair value adjustment was primarily recorded because the interest rate of Carolina Bank’s trust preferred securities was less than the current interest rate on similar instruments. This amount is being amortized on approximately a straight-line basis to increase interest expense over the remaining life of the related borrowing, which is 18 years. (k) This fair value adjustment represents miscellaneous adjustments needed to record assets and liabilities at their fair value. (l) This fair value adjustment was a miscellaneous adjustment to increase the initial fair value of gross loans. (m) This fair value adjustment relates to miscellaneous adjustment to decrease the initial fair value of premises and equipment. (n) This fair value adjustment relates to changes in the estimate of deferred tax assets/liabilities associated with the acquisition and adjustments to decrease the initial fair value of the foreclosed real estate acquired in the transaction based on newly obtained valuations. (o) This fair value adjustment relates to miscellaneous adjustments to decrease the initial fair value of borrowings. (p) This fair value adjustment relates to a change in the estimate of a contingent liability. The following unaudited pro forma financial information presents the combined results of the Company and Carolina Bank as if the acquisition had occurred as of January 1, 2016, after giving effect to certain adjustments, including amortization of the core deposit intangible, and related income tax effects. The pro forma financial information does not necessarily reflect the results of operations that would have occurred had the Company and Carolina Bank constituted a single entity during such period. ($ in thousands, except share data) Carolina Bank earnings - Pro Forma Net interest income $ 8,778 78,260 Noninterest income 1,871 22,874 Total revenue 10,649 101,134 Net income available to common shareholders 2,275 21,229 Earnings per common share Basic $ 0.86 Diluted 0.86 The above pro forma results for the six months ended June 30, 2017 include merger-related expenses and charges recorded by Carolina Bank prior to the acquisition that are nonrecurring in nature and amounted to $4.6 million pretax, or $3.1 million after-tax ($0.12 per basic and diluted share). (2) On September 1, 2017, First Bank Insurance completed the acquisition of Bear Insurance Service (“Bear Insurance”). The results of Bear Insurance are included the Company’s results beginning on the September 1, 2017 acquisition date. Bear Insurance, an insurance agency based in Albemarle, North Carolina, with four locations in Stanly, Cabarrus, and Montgomery counties and annual commission income of approximately $4 million, represented an opportunity to complement the Company’s insurance agency operations in these markets and the surrounding areas. Also, this acquisition provided the Company with a larger platform for leveraging insurance services throughout the Company’s bank branch network. The transaction value was $9.8 million, with the Company paying $7.9 million in cash and issuing 13,374 shares of its common stock, which had a value of approximately $0.4 million. Per the terms of the agreement, the Company also recorded an earn-out liability valued at $1.2 million, which will be paid as a cash distribution after a four-year period if pre-determined goals are met for the periods. This acquisition was accounted for using the purchase method of accounting for business combinations, and accordingly, the assets and liabilities of Bear Insurance were recorded based on estimates of fair values as of September 1, 2017. In connection with this acquisition, the Company recorded $5.3 million in goodwill, which is deductible for tax purposes, and $3.9 million in other amortizable intangible assets, which are also deductible for tax purposes. (3) On October 1, 2017, the Company completed the acquisition of ASB Bancorp, Inc. (“Asheville Savings Bank”), headquartered in Asheville, North Carolina, pursuant to an Agreement and Plan of Merger and Reorganization dated May 1, 2017. The results of Asheville Savings Bank are included in First Bancorp’s results beginning on the October 1, 2017 acquisition date. ASB Bancorp, Inc. was the parent company of Asheville Savings Bank, a North Carolina state-chartered savings bank with eight bank branches located in Buncombe County, North Carolina and five bank branches located in the counties of Henderson, Madison, McDowell and Transylvania, all in North Carolina. The acquisition complemented the Company’s existing presence in the Asheville and surrounding markets, which are high-growth and highly desired markets. The Company was willing to record goodwill primarily due to the reasons just noted, as well as the positive earnings of Asheville Savings Bank. The total merger consideration consisted of $17.9 million in cash and 4,920,061 shares of the Company’s common stock, with each share of Asheville Savings Bank common stock being exchanged for either $41.90 in cash or 1.44 shares of the Company’s stock, subject to the total consideration being 90% stock / 10% cash. The issuance of common stock was valued at $169.3 million and was based on the Company’s closing stock price on September 30, 2017 of $34.41 per share. This acquisition was accounted for using the purchase method of accounting for business combinations, and accordingly, the assets and liabilities of Asheville Savings Bank were recorded based on estimates of fair values as of October 1, 2017. The Company may change its valuations of acquired Asheville Savings Bank assets and liabilities for up to one year after the acquisition date. The table below is a condensed balance sheet disclosing the amount assigned to each major asset and liability category of Asheville Savings Bank on October 1, 2017, and the related fair value adjustments recorded by the Company to reflect the acquisition. The $88.2 million in goodwill that resulted from this acquisition is non-deductible for tax purposes. ($ in thousands) As Recorded by Initial Fair Measurement As Assets Cash and cash equivalents $ 41,824 — — 41,824 Securities 95,020 — — 95,020 Loans, gross 617,159 (9,631 ) (a) — 606,180 (1,348 ) (b) — Allowance for loan losses (6,685 ) 6,685 (c) — — Presold mortgages 3,785 — — 3,785 Premises and equipment 10,697 9,857 (d) — 20,554 Core deposit intangible — 9,760 (e) 120 (i) 9,880 Other 35,944 (5,851 ) (f) (777 ) (j) 29,316 Total 797,744 9,472 (657 ) 806,559 Liabilities Deposits $ 678,707 430 (g) — 679,137 Borrowings 20,000 — — 20,000 Other 8,943 298 (h) (822 ) (k) 8,419 Total 707,650 728 (822 ) 707,556 Net identifiable assets acquired 99,003 Total cost of acquisition Value of stock issued $ 169,299 Cash paid in the acquisition 17,939 Total cost of acquisition 187,238 Goodwill recorded related to acquisition of Asheville Savings Bank $ 88,235 Explanation of Fair Value Adjustments (a) This fair value adjustment represents the amount necessary to reduce performing loans to their fair value due to interest rate factors and credit factors. Assuming the loans continue to perform, this amount will be amortized to increase interest income over the remaining lives of the related loans. (b) This fair value adjustment was recorded to write-down purchased credit impaired loans assumed in the acquisition to their estimated fair market value. (c) This fair value adjustment reduced the allowance for loan losses to zero as required by relevant accounting guidance. (d) This adjustment represents the amount necessary to increase premises and equipment from its book value on the date of acquisition to its estimated fair market value. (e) This fair value adjustment represents the value of the core deposit base assumed in the acquisition based on a study performed by an independent consulting firm. This amount was recorded by the Company as an identifiable intangible asset and is being amortized as expense on an accelerated basis over seven years. (f) This fair value adjustment primarily represents the net deferred tax liability associated with the other fair value adjustments made to record the transaction. (g) This fair value adjustment was recorded because the weighted average interest rate of Asheville Savings Bank’s time deposits exceeded the cost of similar wholesale funding at the time of the acquisition. This amount is being amortized to reduce interest expense on an accelerated basis over their remaining five year life. (h) This fair value adjustment represents miscellaneous adjustments needed to record assets and liabilities at their fair value. (i) This fair value adjustment relates to a change in the final amount of the core deposit intangible asset from the amount originally estimated. (j) This fair value adjustment relates to the write-down of a foreclosed property based on an updated appraisal and the related deferred tax asset adjustment. (k) This fair value adjustment was recorded to adjust the tax liability assumed on the acquisition date based on updated information.

Stock-Based Compensation Plans

Stock-Based Compensation Plans	6 Months Ended
	Jun. 30, 2018
Equity-Based Compensation Plans [Abstract]
Stock-Based Compensation Plans	Note 5 – Stock-Based Compensation Plans The Company recorded total stock-based compensation expense of $596,000 and $479,000 for the three months ended June 30, 2018 and 2017, respectively, and $827,000 and $683,000 for the six months ended June 30, 2018 and 2017, respectively. Of the $827,000 in expense that was recorded in 2018, approximately $352,000 related to the June 1, 2018 director grants, which are classified as “other operating expenses” in the Consolidated Statements of Income. The remaining $475,000 in expense relates to the employee grants discussed below and is recorded as “salaries expense.” Stock based compensation is reflected as an adjustment to cash flows from operating activities on the Company’s consolidated statement of cash flows. The Company recognized $193,000 and $243,000 of income tax benefits related to stock based compensation expense in its consolidated income statement for the six months ended June 30, 2018 and 2017, respectively. At June 30, 2018, the Company had two stock-based compensation plans – 1) the First Bancorp 2014 Equity Plan and 2) the First Bancorp 2007 Equity Plan. The Company’s shareholders approved each plan. The First Bancorp 2014 Equity Plan became effective upon the approval of shareholders on May 8, 2014. As of June 30, 2018, the First Bancorp 2014 Equity Plan was the only plan that had shares available for future grants, and there were 771,477 shares remaining available for grant. The First Bancorp 2014 Equity Plan is intended to serve as a means to attract, retain and motivate key employees and directors and to associate the interests of the Plan’s participants with those of the Company and its shareholders. The First Bancorp 2014 Equity Plan allows for both grants of stock options and other types of equity-based compensation, including stock appreciation rights, restricted stock, restricted performance stock, unrestricted stock, and performance units. Recent equity grants have had service vesting conditions. Compensation expense for these grants is recorded over the requisite service periods. No compensation cost is recognized for grants that do not vest and any previously recognized compensation cost is reversed at forfeiture. The Company issues new shares of common stock when options are exercised. Certain of the Company’s equity grants contain terms that provide for a graded vesting schedule whereby portions of the award vest in increments over the requisite service period. The Company recognizes compensation expense for awards with graded vesting schedules on a straight-line basis over the requisite service period for each incremental award. Over the past five years, there have only been minimal amounts of forfeitures, and therefore the Company assumes that all awards granted with service conditions only will vest. As it relates to director equity grants, the Company grants common shares, valued at approximately $32,000, to each non-employee director (currently 11 in total) in June of each year. Compensation expense associated with these director grants is recognized on the date of grant since there are no vesting conditions. On June 1, 2018, the Company granted 8,393 shares of common stock to non-employee directors (763 shares per director), at a fair market value of $41.93 per share, which was the closing price of the Company’s common stock on that date, and which resulted in $352,000 in expense. On June 1, 2017, the Company granted 11,190 shares of common stock to non-employee directors (1,119 shares per director), at a fair market value of $28.59 per share, which was the closing price of the Company’s common stock on that date, and which resulted in $320,000 in expense. The Company’s senior officers receive their annual bonuses earned under the Company’s annual incentive plan in a mix of 50% cash and 50% stock, with the stock being subject to a three year vesting term. In the last three years, a total of 54,529 shares of restricted stock have been granted related to performance in the preceding fiscal years (net of an immaterial amount of forfeitures). Total compensation expense associated with those grants was $1.4 million and is being recognized over the respective vesting periods. For the three months ended June 30, 2018 and 2017, total compensation expense related to these grants was $73,000 and $66,000, respectively, and for the six months ended June 30, 2018 and 2017, total compensation expense was $147,000 and $151,000, respectively. The Company expects to record $73,000 in compensation expense during each remaining quarter of 2018. In the last three years, the Compensation Committee also granted 101,156 shares of stock to various employees of the Company to promote retention (net of an immaterial amount of forfeitures). The total value associated with these grants amounted to $2.7 million, which is being recorded as an expense over their three year vesting periods. For the three months ended June 30, 2018 and 2017, total compensation expense related to these grants was $173,000 and $89,000, respectively, and for the six months ended June 30, 2018 and 2017, total compensation expense was $328,000 and $186,000, respectively. The Company expects to record $211,000 in compensation expense during each remaining quarter of 2018. All grants were issued based on the closing price of the Company’s common stock on the date of the grant. The following table presents information regarding the activity the first six months of 2018 related to the Company’s outstanding restricted stock: Long-Term Restricted Stock Number of Units Weighted-Average Nonvested at January 1, 2018 103,063 $24.08 Granted during the period 32,027 39.10 Vested during the period (10,626 ) 17.53 Forfeited or expired during the period (2,977 ) 25.21 Nonvested at June 30, 2018 121,487 $ 28.58 In years prior to 2009, stock options were the primary form of equity grant utilized by the Company. The stock options had a term of ten years. Upon a change in control (as defined in the plans), unless the awards remain outstanding or substitute equivalent awards are provided, the awards become immediately vested. At June 30, 2018, there were 9,000 stock options outstanding related to the Company’s two equity-based plans, all with an exercise price of $14.35. The following table presents information regarding the activity for the first six months of 2018 related to the Company’s stock options outstanding: Options Outstanding Number of Weighted- Weighted- Aggregate Balance at January 1, 2018 38,689 $ 16.09 Granted — — Exercised (29,689 ) 16.61 $ 659,743 Forfeited — — Expired — — Outstanding at June 30, 2018 9,000 $ 14.35 0.9 $ 239,040 Exercisable at June 30, 2018 9,000 $ 14.35 0.9 $ 239,040 During the three and six months ended June 30, 2018, the Company received $216,000 and $324,000, respectively, as a result of stock option exercises. During the three and six months ended June 30, 2017, the Company received $242,000 and $287,000, respectively, as a result of stock option exercises.

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Common Share	Note 6 – Earnings Per Common Share Basic Earnings Per Common Share is calculated by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period, excluding unvested shares of restricted stock. Diluted Earnings Per Common Share is computed by assuming the issuance of common shares for all potentially dilutive common shares outstanding during the reporting period. For the periods presented, the Company’s potentially dilutive common stock issuances related to unvested shares of restricted stock and stock option grants under the Company’s equity-based plans. In computing Diluted Earnings Per Common Share, adjustments are made to the computation of Basic Earnings Per Common shares, as follows. As it relates to unvested shares of restricted stock, the number of shares added to the denominator is equal to the number of unvested shares less the assumed number of shares bought back by the Company in the open market at the average market price with the amount of proceeds being equal to the average deferred compensation for the reporting period. As it relates to stock options, it is assumed that all dilutive stock options are exercised during the reporting period at their respective exercise prices, with the proceeds from the exercises used by the Company to buy back stock in the open market at the average market price in effect during the reporting period. The difference between the number of shares assumed to be exercised and the number of shares bought back is included in the calculation of dilutive securities. If any of the potentially dilutive common stock issuances have an anti-dilutive effect, the potentially dilutive common stock issuance is disregarded. The following is a reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share: For the Three Months Ended June 30, 2018 2017 ($ in thousands except per share amounts) Income Shares Per Share Income Shares Per Share Basic EPS Net income available to common shareholders $ 22,730 29,544,747 $ 0.77 $ 11,154 24,593,307 $ 0.45 Effect of Dilutive Securities — 87,991 — 78,243 Diluted EPS per common share $ 22,730 29,632,738 $ 0.77 $ 11,154 24,671,550 $ 0.45 For the Six Months Ended June 30, 2018 2017 ($ in thousands except per share amounts) Income Shares Per Share Income Shares Per Share Basic EPS Net income available to common shareholders $ 43,403 29,539,308 $ 1.47 $ 18,709 23,288,635 $ 0.80 Effect of Dilutive Securities — 91,514 — 79,868 Diluted EPS per common share $ 43,403 29,630,822 $ 1.46 $ 18,709 23,368,503 $ 0.80 For both the three and six months ended June 30, 2018 and 2017, there were no options that were antidilutive.

Securities

Securities	6 Months Ended
	Jun. 30, 2018
Securities [Abstract]
Securities	Note 7 – Securities The book values and approximate fair values of investment securities at June 30, 2018 and December 31, 2017 are summarized as follows: June 30, 2018 December 31, 2017 Amortized Fair Unrealized Amortized Fair Unrealized ($ in thousands) Cost Value Gains (Losses) Cost Value Gains (Losses) Securities available for sale: Government-sponsored enterprise securities $ 19,000 18,537 — (463 ) 14,000 13,867 — (133 ) Mortgage-backed securities 292,809 282,287 48 (10,570 ) 297,690 295,213 246 (2,722 ) Corporate bonds 33,772 33,244 64 (592 ) 33,792 34,190 512 (114 ) Total available for sale $ 345,581 334,068 112 (11,625 ) 345,482 343,270 758 (2,969 ) Securities held to maturity: Mortgage-backed securities $ 57,807 55,832 — (1,975 ) 63,829 63,092 — (737 ) State and local governments 50,458 51,236 836 (58 ) 54,674 55,906 1,280 (48 ) Total held to maturity $ 108,265 107,068 836 (2,033 ) 118,503 118,998 1,280 (785 ) All of the Company’s mortgage-backed securities, including commercial mortgage-backed obligations, were issued by government-sponsored corporations, except for two private mortgage-backed securities with a fair value of $1.1 million as of June 30, 2018. The following table presents information regarding securities with unrealized losses at June 30, 2018: ($ in thousands) Securities in an Unrealized Securities in an Unrealized Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Government-sponsored enterprise securities $ 15,615 385 2,922 78 18,537 463 Mortgage-backed securities 224,713 8,050 110,958 4,495 335,671 12,545 Corporate bonds 25,697 530 938 62 26,635 592 State and local governments 9,360 58 — — 9,360 58 Total temporarily impaired securities $ 275,385 9,023 114,818 4,635 390,203 13,658 The following table presents information regarding securities with unrealized losses at December 31, 2017: ($ in thousands) Securities in an Unrealized Securities in an Unrealized Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Government-sponsored enterprise securities $ 10,897 103 2,970 30 13,867 133 Mortgage-backed securities 192,702 1,582 125,060 1,877 317,762 3,459 Corporate bonds 2,500 49 935 65 3,435 114 State and local governments 7,928 48 — — 7,928 48 Total temporarily impaired securities $ 214,027 1,782 128,965 1,972 342,992 3,754 In the above tables, all of the securities that were in an unrealized loss position at June 30, 2018 and December 31, 2017 were bonds that the Company has determined were in a loss position due primarily to interest rate factors and not credit quality concerns. The Company evaluated the collectability of each of these bonds and concluded that there was no other-than-temporary impairment. 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 these securities before recovery of the amortized cost. The book values and approximate fair values of investment securities at June 30, 2018, by contractual maturity, are summarized in the table below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities Available for Sale Securities Held to Maturity Amortized Fair Amortized Fair ($ in thousands) Cost Value Cost Value Securities Due within one year $ — — 3,248 3,276 Due after one year but within five years 40,227 39,324 28,348 28,815 Due after five years but within ten years 7,545 7,460 17,066 17,355 Due after ten years 5,000 4,997 1,796 1,790 Mortgage-backed securities 292,809 282,287 57,807 55,832 Total securities $ 345,581 334,068 108,265 107,068 At June 30, 2018 and December 31, 2017, investment securities with carrying values of $233,437,000 and $176,813,000, respectively, were pledged as collateral for public deposits. In the first six months of 2017, the Company received proceeds from sales of securities of $45,601,000 and recorded losses of $235,000 from the sales. There were no securities sales in the first six months of 2018. Included in “other assets” in the consolidated balance sheets are cost method investments in Federal Home Loan Bank (“FHLB”) stock and Federal Reserve Bank of Richmond (“FRB”) stock totaling $37,437,000 and $31,338,000 at June 30, 2018 and December 31, 2017, respectively. The FHLB stock had a cost and fair value of $20,036,000 and $19,647,000 at June 30, 2018 and December 31, 2017, respectively, and serves as part of the collateral for the Company’s line of credit with the FHLB and is also a requirement for membership in the FHLB system. The FRB stock had a cost and fair value of $17,401,000 and $11,691,000 at June 30, 2018 and December 31, 2017, respectively, and is a requirement for FRB member bank qualification. Periodically, both the FHLB and FRB recalculate the Company’s required level of holdings, and the Company either buys more stock or redeems a portion of the stock at cost. The Company determined that neither stock was impaired at either period end.

Loans and Asset Quality Informa

Loans and Asset Quality Information	6 Months Ended
	Jun. 30, 2018
Loans and Asset Quality Information [Abstract]
Loans and Asset Quality Information	Note 8 – Loans and Asset Quality Information On March 3, 2017, the Company acquired Carolina Bank (see Note 4 for more information). As a result of this acquisition, the Company recorded loans with a fair value of $497.5 million. Of those loans, $19.3 million were considered to be purchased credit impaired (“PCI”) loans, which are loans for which it is probable at acquisition date that all contractually required payments will not be collected. The remaining loans are considered to be purchased non-impaired loans and their related fair value discount or premium is being recognized as an adjustment to yield over the remaining life of each loan. The following table relates to Carolina Bank PCI loans and summarizes the contractually required payments, which includes principal and interest, expected cash flows to be collected, and the fair value of acquired PCI loans at the acquisition date. ($ in thousands) Carolina Bank Acquisition Contractually required payments $ 27,108 Nonaccretable difference (4,237 ) Cash flows expected to be collected at acquisition 22,871 Accretable yield (3,617 ) Fair value of PCI loans at acquisition date $ 19,254 The following table relates to acquired Carolina Bank purchased non-impaired loans and provides the contractually required payments, fair value, and estimate of contractual cash flows not expected to be collected at the acquisition date. ($ in thousands) Carolina Bank Acquisition Contractually required payments $ 569,980 Fair value of acquired loans at acquisition date 478,515 Contractual cash flows not expected to be collected 3,650 On October 1, 2017, the Company acquired Asheville Savings Bank (see Note 4 for more information). As a result of this acquisition, the Company recorded loans with a fair value of $606.2 million. Of those loans, $9.9 million were considered to be PCI loans. The remaining loans were considered to be purchased non-impaired loans and their related fair value discount or premium is being recognized as an adjustment to yield over the remaining life of each loan. The following table relates to acquired Asheville Savings Bank PCI loans and summarizes the contractually required payments, which includes principal and interest, expected cash flows to be collected, and the fair value of acquired PCI loans at the acquisition date. ($ in thousands) Asheville Savings Bank Contractually required payments $ 13,424 Nonaccretable difference (1,734 ) Cash flows expected to be collected at acquisition 11,690 Accretable yield (1,804 ) Fair value of PCI loans at acquisition date $ 9,886 The following table relates to acquired Asheville Savings Bank purchased non-impaired loans and provides the contractually required payments, fair value, and estimate of contractual cash flows not expected to be collected at the acquisition date. ($ in thousands) Asheville Savings Bank Contractually required payments $ 727,706 Fair value of acquired loans at acquisition date 595,167 Contractual cash flows not expected to be collected 7,000 The following is a summary of the major categories of total loans outstanding: ($ in thousands) June 30, 2018 December 31, 2017 June 30, 2017 Amount Percentage Amount Percentage Amount Percentage All loans: Commercial, financial, and agricultural $ 417,366 10% $ 381,130 10% $ 383,834 11% Real estate – construction, land development & other land loans 600,031 14% 539,020 13% 446,661 13% Real estate – mortgage – residential (1-4 family) first mortgages 1,000,189 24% 972,772 24% 783,759 23% Real estate – mortgage – home equity loans / lines of credit 369,875 9% 379,978 9% 320,953 10% Real estate – mortgage – commercial and other 1,690,175 41% 1,696,107 42% 1,384,569 41% Installment loans to individuals 71,823 2% 74,348 2% 57,008 2% Subtotal 4,149,459 100% 4,043,355 100% 3,376,784 100% Unamortized net deferred loan fees (69 ) (986 ) (808 ) Total loans $ 4,149,390 $ 4,042,369 $ 3,375,976 The following table presents changes in the carrying value of PCI loans. ($ in thousands) Purchased Credit Impaired Loans For the Six For the Year Balance at beginning of period $ 23,165 514 Additions due to acquisition of Carolina Bank — 19,254 Additions due to acquisition of Asheville Savings Bank — 9,886 Change due to payments received and accretion (2,328 ) (6,016 ) Change due to loan charge-offs (10 ) (12 ) Transfers to foreclosed real estate — (69 ) Other 5 (392 ) Balance at end of period $ 20,832 23,165 The following table presents changes in the accretable yield for PCI loans. ($ in thousands) Accretable Yield for PCI loans For the Six For the Year Balance at beginning of period $ 4,688 — Additions due to acquisition of Carolina Bank — 3,617 Additions due to acquisition of Asheville Savings Bank — 1,804 Accretion (784 ) (1,846 ) Reclassification from (to) nonaccretable difference 206 423 Other, net 48 690 Balance at end of period $ 4,158 4,688 During the first six months of 2018, the Company received $190,000 in payments that exceeded the carrying amount of the related PCI loans, of which $149,000 was recognized as loan discount accretion income and $41,000 was recorded as additional loan interest income. During the first six months of 2017, the Company received $564,000 in payments that exceeded the carrying amount of the related PCI loans, of which $558,000 was recognized as loan discount accretion income and $6,000 was recorded as additional loan interest income. Nonperforming assets are defined as nonaccrual loans, restructured loans, loans past due 90 or more days and still accruing interest, and foreclosed real estate. Nonperforming assets are summarized as follows. ($ in thousands) June 30, December 31, June 30, Nonperforming assets Nonaccrual loans $ 25,494 20,968 22,795 Restructured loans - accruing 17,386 19,834 21,019 Accruing loans > 90 days past due — — — Total nonperforming loans 42,880 40,802 43,814 Foreclosed real estate 8,296 12,571 11,196 Total nonperforming assets $ 51,176 53,373 55,010 Purchased credit impaired loans not included above (1) $ 20,832 23,165 16,846 (1) In the March 3, 2017 acquisition of Carolina Bank, and the October 1, 2017 acquisition of Asheville Savings Bank, the Company acquired $19.3 million and $9.9 million, respectively, in PCI loans in accordance with ASC 310-30 accounting guidance. These loans are excluded from nonperforming loans, including $0.5 million, $0.6 million, and $0.4 million in PCI loans at June 30, 2018, December 31, 2017, and June 30, 2017, respectively, that were contractually past due 90 days or more. At June 30, 2018 and December 31, 2017, the Company had $0.4 million and $0.8 million, respectively, in residential mortgage loans in process of foreclosure. The following is a summary of the Company’s nonaccrual loans by major categories. ($ in thousands) June 30, December 31, Commercial, financial, and agricultural $ 3,407 1,001 Real estate – construction, land development & other land loans 1,374 1,822 Real estate – mortgage – residential (1-4 family) first mortgages 11,513 12,201 Real estate – mortgage – home equity loans / lines of credit 1,765 2,524 Real estate – mortgage – commercial and other 7,292 3,345 Installment loans to individuals 143 75 Total $ 25,494 20,968 The following table presents an analysis of the payment status of the Company’s loans as of June 30, 2018. ($ in thousands) Accruing Accruing Accruing Nonaccrual Accruing Total Loans Commercial, financial, and agricultural $ 1,398 28 — 3,407 412,264 417,097 Real estate – construction, land development & other land loans 913 276 — 1,374 597,143 599,706 Real estate – mortgage – residential (1-4 family) first mortgages 4,708 692 — 11,513 975,883 992,796 Real estate – mortgage – home equity loans / lines of credit 1,189 171 — 1,765 366,377 369,502 Real estate – mortgage – commercial and other 2,604 560 — 7,292 1,667,577 1,678,033 Installment loans to individuals 279 148 — 143 70,923 71,493 Purchased credit impaired 452 163 463 — 19,754 20,832 Total $ 11,543 2,038 463 25,494 4,109,921 4,149,459 Unamortized net deferred loan fees (69 ) Total loans $ 4,149,390 The following table presents an analysis of the payment status of the Company’s loans as of December 31, 2017. ($ in thousands) Accruing Accruing Accruing Nonaccrual Accruing Total Loans Commercial, financial, and agricultural $ 89 151 — 1,001 379,241 380,482 Real estate – construction, land development & other land loans 1,154 214 — 1,822 535,423 538,613 Real estate – mortgage – residential (1-4 family) first mortgages 6,777 1,370 — 12,201 943,565 963,913 Real estate – mortgage – home equity loans / lines of credit 1,347 10 — 2,524 375,814 379,695 Real estate – mortgage – commercial and other 1,270 451 — 3,345 1,678,529 1,683,595 Installment loans to individuals 445 95 — 75 73,277 73,892 Purchased credit impaired 821 77 601 — 21,666 23,165 Total $ 11,903 2,368 601 20,968 4,007,515 4,043,355 Unamortized net deferred loan fees (986 ) Total loans $ 4,042,369 The following table presents the activity in the allowance for loan losses for all loans for the three and six months ended June 30, 2018. ($ in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Unallo Total As of and for the three months ended June 30, 2018 Beginning balance $ 2,536 2,317 5,892 2,266 5,991 844 3,452 23,298 Charge-offs (370 ) (30 ) (172 ) (10 ) (271 ) (144 ) — (997 ) Recoveries 313 341 371 90 542 50 — 1,707 Provisions (211 ) 64 968 (96 ) 1,033 147 (2,615 ) (710 ) Ending balance $ 2,268 2,692 7,059 2,250 7,295 897 837 23,298 As of and for the six months ended June 30, 2018 Beginning balance $ 3,111 2,816 6,147 1,827 6,475 950 1,972 23,298 Charge-offs (609 ) (32 ) (415 ) (186 ) (312 ) (262 ) — (1,816 ) Recoveries 812 3,387 516 243 1,124 103 — 6,185 Provisions (1,046 ) (3,479 ) 811 366 8 106 (1,135 ) (4,369 ) Ending balance $ 2,268 2,692 7,059 2,250 7,295 897 837 23,298 Ending balances as of June 30, 2018: Allowance for loan losses Individually evaluated for impairment $ 277 302 2,756 415 1,231 6 — 4,987 Collectively evaluated for impairment $ 1,991 2,390 4,133 1,794 6,052 891 837 18,088 Purchased credit impaired $ — — 170 41 12 — — 223 Loans receivable as of June 30, 2018: Ending balance – total $ 417,366 600,031 1,000,189 369,875 1,690,175 71,823 — 4,149,459 Unamortized net deferred loan fees (69 ) Total loans $ 4,149,390 Ending balances as of June 30, 2018: Loans Individually evaluated for impairment $ 3,208 3,549 15,247 671 10,333 10 — 33,018 Collectively evaluated for impairment $ 413,889 596,157 977,549 368,831 1,667,700 71,483 — 4,095,609 Purchased credit impaired $ 269 325 7,393 373 12,142 330 — 20,832 The following table presents the activity in the allowance for loan losses for the year ended December 31, 2017. ($ in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Unallo Total As of and for the year ended December 31, 2017 Beginning balance $ 3,829 2,691 7,704 2,420 5,098 1,145 894 23,781 Charge-offs (1,622 ) (589 ) (2,641 ) (978 ) (1,182 ) (799 ) — (7,811 ) Recoveries 1,311 2,579 1,076 333 1,027 279 — 6,605 Provisions (407 ) (1,865 ) 8 52 1,532 325 1,078 723 Ending balance $ 3,111 2,816 6,147 1,827 6,475 950 1,972 23,298 Ending balances as of December 31, 2017: Allowance for loan losses Individually evaluated for impairment $ 215 18 1,099 — 232 — — 1,564 Collectively evaluated for impairment $ 2,896 2,798 4,831 1,788 6,226 950 1,972 21,461 Purchased credit impaired $ — — 217 39 17 — — 273 Loans receivable as of December 31, 2017: Ending balance – total $ 381,130 539,020 972,772 379,978 1,696,107 74,348 — 4,043,355 Unamortized net deferred loan fees (986 ) Total loans $ 4,042,369 Ending balances as of December 31, 2017: Loans Individually evaluated for impairment $ 579 2,975 14,800 368 8,493 — — 27,215 Collectively evaluated for impairment $ 379,903 535,638 949,113 379,327 1,675,102 73,892 — 3,992,975 Purchased credit impaired $ 648 407 8,859 283 12,512 456 — 23,165 The following table presents the activity in the allowance for loan losses for all loans for the three and six months ended June 30, 2017. ($ in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Unallo Total As of and for the three months ended June 30, 2017 Beginning balance $ 3,792 2,764 7,376 2,138 5,979 1,067 430 23,546 Charge-offs (814 ) (92 ) (353 ) (347 ) (88 ) (172 ) — (1,866 ) Recoveries 220 981 440 65 555 84 — 2,345 Provisions 232 (977 ) (378 ) 201 (293 ) 95 1,120 — Ending balance $ 3,430 2,676 7,085 2,057 6,153 1,074 1,550 24,025 As of and for the six months ended June 30, 2017 Beginning balance $ 3,829 2,691 7,704 2,420 5,098 1,145 894 23,781 Charge-offs (1,204 ) (269 ) (1,247 ) (578 ) (414 ) (359 ) — (4,071 ) Recoveries 518 1,471 636 130 698 139 — 3,592 Provisions 287 (1,217 ) (8 ) 85 771 149 656 723 Ending balance $ 3,430 2,676 7,085 2,057 6,153 1,074 1,550 24,025 Ending balances as of June 30, 2017: Allowance for loan losses Individually evaluated for impairment $ 8 182 1,304 — 424 — — 1,918 Collectively evaluated for impairment $ 3,422 2,494 5,781 2,057 5,729 1,074 1,550 22,107 Purchased credit impaired $ — — — — — — — — Loans receivable as of June 30, 2017: Ending balance – total $ 383,834 446,661 783,759 320,953 1,384,569 57,008 — 3,376,784 Unamortized net deferred loan fees (808 ) Total loans $ 3,375,976 Ending balances as of June 30, 2017: Loans Individually evaluated for impairment $ 235 3,250 17,083 54 9,053 — — 29,675 Collectively evaluated for impairment $ 383,330 442,956 763,224 320,174 1,363,629 56,950 — 3,330,263 Purchased credit impaired $ 269 455 3,452 725 11,887 58 — 16,846 The following table presents loans individually evaluated for impairment by class of loans, excluding PCI loans, as of June 30, 2018. ($ in thousands) Recorded Unpaid Related Average Impaired loans with no related allowance recorded: Commercial, financial, and agricultural $ 2,530 2,580 — 928 Real estate – mortgage – construction, land development & other land loans 2,948 3,429 — 2,901 Real estate – mortgage – residential (1-4 family) first mortgages 4,514 5,118 — 4,885 Real estate – mortgage –home equity loans / lines of credit 23 35 — 138 Real estate – mortgage –commercial and other 3,494 3,685 — 3,441 Installment loans to individuals — 3 — — Total impaired loans with no allowance $ 13,509 14,850 — 12,293 Impaired loans with an allowance recorded: Commercial, financial, and agricultural $ 678 708 277 479 Real estate – mortgage – construction, land development & other land loans 601 723 302 355 Real estate – mortgage – residential (1-4 family) first mortgages 10,733 11,347 2,756 9,724 Real estate – mortgage –home equity loans / lines of credit 648 776 415 216 Real estate – mortgage –commercial and other 6,839 6,942 1,231 5,856 Installment loans to individuals 10 15 6 3 Total impaired loans with allowance $ 19,509 20,511 4,987 16,633 Interest income recorded on impaired loans during the six months ended June 30, 2018 was insignificant. The following table presents loans individually evaluated for impairment by class of loans, excluding PCI loans, as of December 31, 2017. ($ in thousands) Recorded Unpaid Related Average Impaired loans with no related allowance recorded: Commercial, financial, and agricultural $ 183 425 — 276 Real estate – mortgage – construction, land development & other land loans 2,743 3,941 — 2,846 Real estate – mortgage – residential (1-4 family) first mortgages 5,205 5,728 — 7,067 Real estate – mortgage –home equity loans / lines of credit 368 387 — 129 Real estate – mortgage –commercial and other 3,066 3,321 — 3,143 Installment loans to individuals — — — — Total impaired loans with no allowance $ 11,565 13,802 — 13,461 Impaired loans with an allowance recorded: Commercial, financial, and agricultural $ 396 396 215 214 Real estate – mortgage – construction, land development & other land loans 232 241 18 503 Real estate – mortgage – residential (1-4 family) first mortgages 9,595 9,829 1,099 10,077 Real estate – mortgage –home equity loans / lines of credit — — — 66 Real estate – mortgage –commercial and other 5,427 5,427 232 5,369 Installment loans to individuals — — — — Total impaired loans with allowance $ 15,650 15,893 1,564 16,229 Interest income recorded on impaired loans during the year ended December 31, 2017 was insignificant. The Company tracks credit quality based on its internal risk ratings. Upon origination, a loan is assigned an initial risk grade, which is generally based on several factors such as the borrower’s credit score, the loan-to-value ratio, the debt-to-income ratio, etc. Loans that are risk-graded as substandard during the origination process are declined. After loans are initially graded, they are monitored regularly for credit quality based on many factors, such as payment history, the borrower’s financial status, and changes in collateral value. Loans can be downgraded or upgraded depending on management’s evaluation of these factors. Internal risk-grading policies are consistent throughout each loan type. The following describes the Company’s internal risk grades in ascending order of likelihood of loss: Risk Grade Description Pass: 1 Loans with virtually no risk, including cash secured loans. 2 Loans with documented significant overall financial strength. These loans have minimum chance of loss due to the presence of multiple sources of repayment – each clearly sufficient to satisfy the obligation. 3 Loans with documented satisfactory overall financial strength. These loans have a low loss potential due to presence of at least two clearly identified sources of repayment – each of which is sufficient to satisfy the obligation under the present circumstances. 4 Loans to borrowers with acceptable financial condition. These loans could have signs of minor operational weaknesses, lack of adequate financial information, or loans supported by collateral with questionable value or marketability. 5 Loans that represent above average risk due to minor weaknesses and warrant closer scrutiny by management. Collateral is generally required and felt to provide reasonable coverage with realizable liquidation values in normal circumstances. Repayment performance is satisfactory. P (Pass) Consumer loans (<$500,000) that are of satisfactory credit quality with borrowers who exhibit good personal credit history, average personal financial strength and moderate debt levels. These loans generally conform to Bank policy, but may include approved mitigated exceptions to the guidelines. Special Mention: 6 Existing loans with defined weaknesses in primary source of repayment that, if not corrected, could cause a loss to the Bank. Classified: 7 An existing loan inadequately protected by the current sound net worth and paying capacity of the obligor or the collateral pledged, if any. These loans have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. 8 Loans that have a well-defined weakness that make the collection or liquidation in full highly questionable and improbable. Loss appears imminent, but the exact amount and timing is uncertain. 9 Loans that are considered uncollectible and are in the process of being charged-off. This grade is a temporary grade assigned for administrative purposes until the charge-off is completed. F (Fail) Consumer loans (<$500,000) with a well-defined weakness, such as exceptions of any kind with no mitigating factors, history of paying outside the terms of the note, insufficient income to support the current level of debt, etc. The following table presents the Company’s recorded investment in loans by credit quality indicators as of June 30, 2018. ($ in thousands) Pass Special Classified Classified Total Commercial, financial, and agricultural $ 410,434 2,322 934 3,407 417,097 Real estate – construction, land development & other land loans 586,310 6,812 5,210 1,374 599,706 Real estate – mortgage – residential (1-4 family) first mortgages 941,399 13,829 26,055 11,513 992,796 Real estate – mortgage – home equity loans / lines of credit 357,507 1,698 8,532 1,765 369,502 Real estate – mortgage – commercial and other 1,648,367 16,644 5,730 7,292 1,678,033 Installment loans to individuals 70,776 215 359 143 71,493 Purchased credit impaired 6,376 7,059 7,397 — 20,832 Total $ 4,021,169 48,579 54,217 25,494 4,149,459 Unamortized net deferred loan fees (69 ) Total loans 4,149,390 The following table presents the Company’s recorded investment in loans by credit quality indicators as of December 31, 2017. ($ in thousands) Pass Special Classified Classified Total Commercial, financial, and agricultural $ 368,658 9,901 922 1,001 380,482 Real estate – construction, land development & other land loans 523,642 7,129 6,020 1,822 538,613 Real estate – mortgage – residential (1-4 family) first mortgages 905,111 16,235 30,366 12,201 963,913 Real estate – mortgage – home equity loans / lines of credit 365,982 3,784 7,405 2,524 379,695 Real estate – mortgage – commercial and other 1,647,725 23,335 9,190 3,345 1,683,595 Installment loans to individuals 73,379 222 216 75 73,892 Purchased credit impaired 6,541 12,309 4,315 — 23,165 Total $ 3,891,038 72,915 58,434 20,968 4,043,355 Unamortized net deferred loan fees (986 ) Total loans 4,042,369 Troubled Debt Restructurings The restructuring of a loan is considered a “troubled debt restructuring” (“TDR”) if both (i) the borrower is experiencing financial difficulties and (ii) the creditor has granted a concession. Concessions may include interest rate reductions or below market interest rates, principal forgiveness, restructuring amortization schedules and other actions intended to minimize potential losses. The vast majority of the Company’s troubled debt restructurings modified related to interest rate reductions combined with restructured amortization schedules. The Company does not generally grant principal forgiveness. All loans classified as troubled debt restructurings are considered to be impaired and are evaluated as such for determination of the allowance for loan losses. The Company’s troubled debt restructurings can be classified as either nonaccrual or accruing based on the loan’s payment status. The troubled debt restructurings that are nonaccrual are reported within the nonaccrual loan totals presented previously. The following table presents information related to loans modified in a troubled debt restructuring during the three months ended June 30, 2018 and 2017. ($ in thousands) For three months ended For the three months ended Number of Pre- Post- Number of Pre- Post- TDRs – Accruing Commercial, financial, and agricultural — $ — $ — — $ — $ — Real estate – construction, land development & other land loans — — — — — — Real estate – mortgage – residential (1-4 family) first mortgages 1 18 18 — — — Real estate – mortgage – home equity loans / lines of credit — — — — — — Real estate – mortgage – commercial and other — — — 3 1,000 1,000 Installment loans to individuals — — — — — — TDRs – Nonaccrual Commercial, financial, and agricultural — — — 1 38 25 Real estate – construction, land development & other land loans — — — 1 32 32 Real estate – mortgage – residential (1-4 family) first mortgages — — — 1 215 215 Real estate – mortgage – home equity loans / lines of credit — — — — — — Real estate – mortgage – commercial and other — — — — — — Installment loans to individuals — — — — — — Total TDRs arising during period 1 $ 18 $ 18 6 $ 1,285 $ 1,272 The following table presents information related to loans modified in a troubled debt restructuring during the six months ended June 30, 2018 and 2017. ($ in thousands) For six months ended For the six months ended Number of Pre- Post- Number of Pre- Post- TDRs – Accruing Commercial, financial, and agricultural — $ — $ — — $ — $ — Real estate – construction, land development & other land loans — — — — — — Real estate – mortgage – residential (1-4 family) first mortgages 1 18 18 — — — Real estate – mortgage – home equity loans / lines of credit — — — — — — Real estate – mortgage – commercial and other — — — 5 3,550 3,525 Installment loans to individuals — — — — — — TDRs – Nonaccrual Commercial, financial, and agricultural — — — 1 38 25 Real estate – construction, land development & other land loans 1 61 61 1 32 32 Real estate – mortgage – residential (1-4 family) first mortgages 2 254 264 1 215 215 Real estate – mortgage – home equity loans / lines of credit — — — — — — Real estate – mortgage – commercial and other — — — — — — Installment loans to individuals — — — — — — Total TDRs arising during period 4 $ 333 $ 343 8 $ 3,835 $ 3,797 Accruing restructured loans that were modified in the previous 12 months and that defaulted during the three months ended June 30, 2018 and 2017 are presented in the table below. The Company considers a loan to have defaulted when it becomes 90 or more days delinquent under the modified terms, has been transferred to nonaccrual status, or has been transferred to foreclosed real estate. ($ in thousands) For the three months ended For the three months ended Number of Recorded Number of Recorded Accruing TDRs that subsequently defaulted Real estate – mortgage – residential (1-4 family first mortgages) 1 $ 60 1 $ 254 Real estate – mortgage – commercial and other 2 763 — — Total accruing TDRs that subsequently defaulted 3 $ 823 1 $ 254 Accruing restructured loans that were modified in the previous 12 months and that defaulted during the six months ended June 30, 2018 and 2017 are presented in the table below ($ in thousands) For the six months ended For the six months ended Number of Recorded Number of Recorded Accruing TDRs that subsequently defaulted Real estate – mortgage – residential (1-4 family first mortgages) 1 $ 60 2 $ 880 Real estate – mortgage – commercial and other 3 1,333 — — Total accruing TDRs that subsequently defaulted 4 $ 1,393 2 $ 880

Deferred Loan (Fees) Costs

Deferred Loan (Fees) Costs	6 Months Ended
	Jun. 30, 2018
Deferred Loan Costs [Abstract]
Deferred Loan (Fees) Costs	Note 9 – Deferred Loan (Fees) Costs The amount of loans shown on the consolidated balance sheets includes net deferred loan (fees) costs of approximately ($69,000), ($986,000), and ($808,000) at June 30, 2018, December 31, 2017, and June 30, 2017, respectively.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2018
Goodwill And Other Intangible Assets [Abstract]
Goodwill and Other Intangible Assets	Note 10 – Goodwill and Other Intangible Assets The following is a summary of the gross carrying amount and accumulated amortization of amortizable intangible assets as of June 30, 2018, December 31, 2017, and June 30, 2017 and the carrying amount of unamortized intangible assets as of those same dates. June 30, 2018 December 31, 2017 June 30, 2017 ($ in thousands) Gross Carrying Accumulated Gross Carrying Accumulated Gross Carrying Accumulated Amortizable intangible assets: Customer lists $ 6,013 1,322 6,013 1,090 2,369 866 Core deposit intangibles 28,440 14,078 28,280 11,475 18,520 9,404 SBA servicing asset 4,166 558 2,194 207 928 66 Other 1,303 812 1,303 581 1,032 381 Total $ 39,922 16,770 37,790 13,353 22,849 10,717 Unamortizable intangible assets: Goodwill $ 232,458 233,070 139,124 Activity related to transactions during the periods includes the following: (1) In connection with the Carolina Bank acquisition on March 3, 2017, the Company recorded a net increase of $65,072,000 in goodwill and $8,790,000 in a core deposit intangible. (2) In connection with the September 1, 2017 acquisition of Bear Insurance Service, the Company recorded $5,330,000 in goodwill, $3,644,000 in a customer list intangible, and $271,000 in other amortizable intangible assets. (3) In connection with the Asheville Savings Bank acquisition on October 1, 2017, the Company recorded a net increase of $88,235,000 in goodwill and $9,880,000 in a core deposit intangible. In addition to the above acquisition related activity, the Company recorded $1,972,000 and $513,000 in servicing assets associated with the guaranteed portion of SBA loans originated and sold during the first six months of 2018 and 2017, respectively. During the first six months of 2018 and 2017, the Company recorded $351,000 and $66,000, respectively, in related amortization expense. Servicing assets are recorded at fair value and amortized over the expected life of the related loans. Amortization expense of all intangible assets totaled $1,745,000 and $1,031,000 for the three months ended June 30, 2018 and 2017, respectively, and $3,417,000 and $1,607,000 for the six months ended June 30, 2018 and 2017, respectively. The following table presents the estimated amortization expense related to amortizable intangible assets for the last two quarters of calendar year 2018 and for each of the four calendar years ending December 31, 2022 and the estimated amount amortizable thereafter. These estimates are subject to change in future periods to the extent management determines it is necessary to make adjustments to the carrying value or estimated useful lives of amortized intangible assets. ($ in thousands) Estimated Amortization July 1 to December 31, 2018 $ 3,164 2019 5,440 2020 4,370 2021 3,288 2022 2,312 Thereafter 4,578 Total $ 23,152

Pension Plans

Pension Plans	6 Months Ended
	Jun. 30, 2018
Retirement Benefits [Abstract]
Pension Plans	Note 11 – Pension Plans The Company has historically sponsored two defined benefit pension plans – a qualified retirement plan (the “Pension Plan”) which was generally available to all employees, and a Supplemental Executive Retirement Plan (the “SERP”), which was for the benefit of certain senior management executives of the Company. Effective December 31, 2012, the Company froze both plans for all participants. Although no previously accrued benefits were lost, employees no longer accrue benefits for service subsequent to 2012. The Company recorded periodic pension cost (income) totaling ($93,000) and ($241,000) for the three months ended June 30, 2018 and 2017, respectively, which primarily related to investment income from the Pension Plan’s assets. The following table contains the components of the pension cost (income). For the Three Months Ended June 30, 2018 2017 2018 2017 2018 Total 2017 Total ($ in thousands) Pension Plan Pension Plan SERP SERP Both Plans Both Plans Service cost $ — — 33 32 33 32 Interest cost 326 350 53 53 379 403 Expected return on plan assets (556 ) (730 ) — — (556 ) (730 ) Amortization of net (gain)/loss 59 62 (8 ) (8 ) 51 54 Net periodic pension cost (income) $ (171 ) (318 ) 78 77 (93 ) (241 ) The Company recorded pension cost (income) totaling $272,000 and $(403,000) for the six months ended June 30, 2018 and 2017, respectively. The following table contains the components of the pension cost (income). For the Six Months Ended June 30, 2018 2017 2018 2017 2018 Total 2017 Total ($ in thousands) Pension Plan Pension Plan SERP SERP Both Plans Both Plans Service cost $ — — 62 59 62 59 Interest cost 656 725 110 113 766 838 Expected return on plan assets (659 ) (1,405 ) — — (659 ) (1,405 ) Amortization of net (gain)/loss 119 122 (16 ) (17 ) 103 105 Net periodic pension cost (income) $ 116 (558 ) 156 155 272 (403 ) The service cost component of net periodic pension cost (income) is included in salaries and benefits expense and all other components of net periodic pension cost (income) are included in other noninterest expense. The Company’s contributions to the Pension Plan are based on computations by independent actuarial consultants and are intended to be deductible for income tax purposes. The Company does not expect to contribute to the Pension Plan in 2018. The Company’s funding policy with respect to the SERP is to fund the related benefits from the operating cash flow of the Company.

Comprehensive Income (Loss)

Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2018
Comprehensive Income [Abstract]
Comprehensive Income (Loss)	Note 12 – Comprehensive Income (Loss) Comprehensive income (loss) is defined as the change in equity during a period for non-owner transactions and is divided into net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) includes revenues, expenses, gains, and losses that are excluded from earnings under current accounting standards. The components of accumulated other comprehensive income (loss) for the Company are as follows: ($ in thousands) June 30, 2018 December 31, 2017 June 30, 2017 Unrealized gain (loss) on securities available for sale $ (11,513 ) (2,211 ) 252 Deferred tax asset (liability) 2,691 517 (93 ) Net unrealized gain (loss) on securities available for sale (8,822 ) (1,694 ) 159 Additional pension asset (liability) (3,097 ) (3,200 ) (4,907 ) Deferred tax asset (liability) 724 748 1,816 Net additional pension asset (liability) (2,373 ) (2,452 ) (3,091 ) Total accumulated other comprehensive income (loss) $ (11,195 ) (4,146 ) (2,932 ) The following table discloses the changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2018 (all amounts are net of tax). ($ in thousands) Unrealized Gain Additional Total Beginning balance at January 1, 2018 $ (1,694 ) (2,452 ) (4,146 ) Other comprehensive income (loss) before reclassifications (7,128 ) — (7,128 ) Amounts reclassified from accumulated other comprehensive income — 79 79 Net current-period other comprehensive income (loss) (7,128 ) 79 (7,049 ) Ending balance at June 30, 2018 $ (8,822 ) (2,373 ) (11,195 ) The following table discloses the changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2017 (all amounts are net of tax). ($ in thousands) Unrealized Gain Additional Total Beginning balance at January 1, 2017 $ (1,947 ) (3,160 ) (5,107 ) Other comprehensive income (loss) before reclassifications 1,958 — 1,958 Amounts reclassified from accumulated other comprehensive income 148 69 217 Net current-period other comprehensive income (loss) 2,106 69 2,175 Ending balance at June 30, 2017 $ 159 (3,091 ) (2,932 )

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2018
Fair Value [Abstract]
Fair Value	Note 13 – Fair Value Relevant accounting guidance establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The guidance describes three levels of inputs that may be used to measure fair value: Level 1: Quoted prices (unadjusted) of identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The following table summarizes the Company’s financial instruments that were measured at fair value on a recurring and nonrecurring basis at June 30, 2018. ($ in thousands) Description of Financial Instruments Fair Value at Quoted Prices in Significant Other Significant Recurring Securities available for sale: Government-sponsored enterprise securities $ 18,537 — 18,537 — Mortgage-backed securities 282,287 — 282,287 — Corporate bonds 33,244 — 33,244 — Total available for sale securities $ 334,068 — 334,068 — Nonrecurring Impaired loans $ 14,586 — — 14,586 Foreclosed real estate 8,296 — — 8,296 The following table summarizes the Company’s financial instruments that were measured at fair value on a recurring and nonrecurring basis at December 31, 2017. ($ in thousands) Description of Financial Instruments Fair Value at Quoted Prices in Significant Other Significant Recurring Securities available for sale: Government-sponsored enterprise securities $ 13,867 — 13,867 — Mortgage-backed securities 295,213 — 295,213 — Corporate bonds 34,190 — 34,190 — Total available for sale securities $ 343,270 — 343,270 — Nonrecurring Impaired loans $ 14,086 — — 14,086 Foreclosed real estate 12,571 — — 12,571 The following is a description of the valuation methodologies used for instruments measured at fair value. Securities Available for Sale — When quoted market prices are available in an active market, the securities are classified as Level 1 in the valuation hierarchy. If quoted market prices are not available, but fair values can be estimated by observing quoted prices of securities with similar characteristics, the securities are classified as Level 2 on the valuation hierarchy. Most of the fair values for the Company’s Level 2 securities are determined by our third-party bond accounting provider using matrix pricing. Matrix pricing is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities. For the Company, Level 2 securities include mortgage-backed securities, collateralized mortgage obligations, government-sponsored enterprise securities, and corporate bonds. In cases where Level 1 or Level 2 inputs are not available, securities are classified within Level 3 of the hierarchy. The Company reviews the pricing methodologies utilized by the bond accounting provider to ensure the fair value determination is consistent with the applicable accounting guidance and that the investments are properly classified in the fair value hierarchy. Further, the Company validates the fair values for a sample of securities in the portfolio by comparing the fair values provided by the bond accounting provider to prices from other independent sources for the same or similar securities. The Company analyzes unusual or significant variances and conducts additional research with the portfolio manager, if necessary, and takes appropriate action based on its findings. Impaired loans — Fair values for impaired loans in the above table are measured on a non-recurring basis and are based on the underlying collateral values securing the loans, adjusted for estimated selling costs, or the net present value of the cash flows expected to be received for such loans. Collateral may be in the form of real estate or business assets including equipment, inventory and accounts receivable. The vast majority of the collateral is real estate. The value of real estate collateral is determined using an income or market valuation approach based on an appraisal conducted by an independent, licensed third party appraiser (Level 3). The value of business equipment is based upon an outside appraisal if deemed significant, or the net book value on the applicable borrower’s financial statements if not considered significant. Likewise, values for inventory and accounts receivable collateral are based on borrower financial statement balances or aging reports on a discounted basis as appropriate (Level 3). Any fair value adjustments are recorded in the period incurred as provision for loan losses on the Consolidated Statements of Income. Foreclosed real estate – Foreclosed real estate, consisting of properties obtained through foreclosure or in satisfaction of loans, is reported at the lower of cost or fair value. Fair value is measured on a non-recurring basis and is based upon independent market prices or current appraisals that are generally prepared using an income or market valuation approach and conducted by an independent, licensed third party appraiser, adjusted for estimated selling costs (Level 3). At the time of foreclosure, any excess of the loan balance over the fair value of the real estate held as collateral is treated as a charge against the allowance for loan losses. For any real estate valuations subsequent to foreclosure, any excess of the real estate recorded value over the fair value of the real estate is treated as a foreclosed real estate write-down on the Consolidated Statements of Income. For Level 3 assets and liabilities measured at fair value on a recurring or non-recurring basis as of June 30, 2018, the significant unobservable inputs used in the fair value measurements were as follows: ($ in thousands) Description Fair Value at Valuation Significant Unobservable General Range Impaired loans $ 14,586 Appraised value; PV of expected cash flows Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0-10% Foreclosed real estate 8,296 Appraised value; List or contract price Discounts to reflect current market conditions, abbreviated holding period and estimated costs to sell 0-10% For Level 3 assets and liabilities measured at fair value on a recurring or non-recurring basis as of December 31, 2017, the significant unobservable inputs used in the fair value measurements were as follows: ($ in thousands) Description Fair Value at Valuation Significant Unobservable General Range Impaired loans $ 14,086 Appraised value; PV of expected cash flows Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0-10% Foreclosed real estate 12,571 Appraised value; List or contract price Discounts to reflect current market conditions and estimated costs to sell 0-10% Transfers of assets or liabilities between levels within the fair value hierarchy are recognized when an event or change in circumstances occurs. There were no transfers between Level 1 and Level 2 for assets or liabilities measured on a recurring basis during the six months ended June 30, 2018 or 2017. For the six months ended June 30, 2018 and 2017, the increase (decrease) in the fair value of securities available for sale was ($9,302,000) and $3,102,000, respectively, which is included in other comprehensive income (net of tax benefit (expense) of $2,174,000 and ($1,144,000), respectively). Fair value measurement methods at June 30, 2018 and 2017 are consistent with those used in prior reporting periods. The carrying amounts and estimated fair values of financial instruments at June 30, 2018 and December 31, 2017 are as follows: June 30, 2018 December 31, 2017 ($ in thousands) Level in Fair Carrying Estimated Carrying Estimated Cash and due from banks, noninterest-bearing Level 1 $ 97,163 97,163 114,301 114,301 Due from banks, interest-bearing Level 1 462,972 462,972 375,189 375,189 Securities available for sale Level 2 334,068 334,068 343,270 343,270 Securities held to maturity Level 2 108,265 107,068 118,503 118,998 Presold mortgages in process of settlement Level 1 9,311 9,311 12,459 12,459 Total loans, net of allowance Level 3 4,126,092 4,084,898 4,019,071 4,010,551 Accrued interest receivable Level 1 13,930 13,930 14,094 14,094 Bank-owned life insurance Level 1 100,413 100,413 99,162 99,162 Deposits Level 2 4,553,621 4,547,235 4,406,955 4,401,757 Borrowings Level 2 407,076 398,113 407,543 397,903 Accrued interest payable Level 2 1,651 1,651 1,235 1,235 Fair value methods and assumptions are set forth below for the Company’s financial instruments. Cash and Amounts Due from Banks, Presold Mortgages in Process of Settlement, Accrued Interest Receivable, and Accrued Interest Payable - The carrying amounts approximate their fair value because of the short maturity of these financial instruments. Available for Sale and Held to Maturity Securities - Fair values are provided by a third-party and are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments or matrix pricing. Loans - For nonimpaired loans, fair values are determined assuming the sale of the notes to a third-party financial investor. Fair values are estimated for portfolios of loans with similar financial characteristics. Loans are segregated by type such as commercial, financial and agricultural, real estate construction, real estate mortgages and installment loans to individuals. Each loan category is further segmented into fixed and variable interest rate terms. The fair value for each category is determined by discounting scheduled future cash flows using current interest rates with a liquidity discount offered on loans with similar risk characteristics, and includes the Company's estimate of future credit losses expected to be incurred over the life of the loan. Fair values for impaired loans are primarily based on estimated proceeds expected upon liquidation of the collateral or the present value of expected cash flows. Bank-Owned Life Insurance – The carrying value of life insurance approximates fair value because this investment is carried at cash surrender value, as determined by the issuer. Deposits - The fair value of deposits with no stated maturity, such as noninterest-bearing checking accounts, savings accounts, interest-bearing checking accounts, and money market accounts, is equal to the amount payable on demand as of the valuation date. The fair value of certificates of deposit is based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered in the marketplace for deposits of similar remaining maturities. Borrowings - The fair value of borrowings is based on the discounted value of the contractual cash flows. The discount rate is estimated using the rates currently offered by the Company’s lenders for debt of similar maturities. Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no highly liquid market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Significant assets and liabilities that are not considered financial assets or liabilities include net premises and equipment, intangible and other assets such as deferred income taxes, prepaid expense accounts, income taxes currently payable and other various accrued expenses. In addition, the income tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in any of the estimates.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Note 14 – Revenue from Contracts with Customers All of the Company’s revenues that are in the scope of the “ Revenue from Contracts with Customers For the Six Months Ended $ in thousands June 30, 2018 June 30, 2017 Service charges on deposit accounts: $ 6,385 5,580 Other service charges, commissions, and fees: Interchange income 6,543 4,697 Other fees 2,967 2,030 Fees from presold mortgage loans (1) 1,655 2,279 Commissions from sales of insurance and financial products: Insurance income 2,903 858 Wealth management income 1,156 1,020 SBA consulting fees 2,267 2,310 SBA loan sale gains (1) 6,400 1,549 Bank-owned life insurance income (1) 1,251 1,088 Foreclosed property gains (losses), net (387 ) (223 ) Securities gains (losses), net (1) — (235 ) Other gains (losses), net (1) 912 731 Total noninterest income $ 32,052 21,684 (1) Not within the scope of ASC 606. A description of the Company’s revenue streams accounted for under ASC 606 is detailed below. Service Charges on Deposit Accounts: Other service charges, commissions, and fees: Commissions from the sale of insurance and financial products: Insurance income generally consists of commissions from the sale of insurance policies and performance-based commissions from insurance companies. The Company recognizes commission income from the sale of insurance policies when it acts as an agent between the insurance company and the policyholder. The Company’s performance obligation is generally satisfied upon the issuance of the insurance policy. Shortly after the policy is issued, the carrier remits the commission payment to the Company, and the Company recognizes the revenue. Performance-based commissions from insurance companies are recognized at a point in time as policies are sold. Wealth Management Income primarily consists of commissions received on financial product sales, such as annuities. The Company’s performance obligation is generally satisfied upon the issuance of the financial product. Shortly after the policy is issued, the carrier remits the commission payment to the Company, and the Company recognizes the revenue. The Company also earns some fees from asset management, which is billed quarterly for services rendered in the most recent period, for which the performance obligation has been satisfied. SBA Consulting fees: Foreclosed property gains (losses), net: The Company has made no significant judgments in applying the revenue guidance prescribed in ASC 606 that affect the determination of the amount and timing of revenue from the above-described contracts with customers.

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2018
Pro Forma Combined Financial Results of the Company and Carolina Bank	The following unaudited pro forma financial information presents the combined results of the Company and Carolina Bank as if the acquisition had occurred as of January 1, 2016, after giving effect to certain adjustments, including amortization of the core deposit intangible, and related income tax effects. The pro forma financial information does not necessarily reflect the results of operations that would have occurred had the Company and Carolina Bank constituted a single entity during such period. ($ in thousands, except share data) Carolina Bank earnings - Pro Forma Net interest income $ 8,778 78,260 Noninterest income 1,871 22,874 Total revenue 10,649 101,134 Net income available to common shareholders 2,275 21,229 Earnings per common share Basic $ 0.86 Diluted 0.86
Carolina Bank [Member]
Condensed Balance Sheet of Bank and Related Fair Value Adjustments	This acquisition was accounted for using the purchase method of accounting for business combinations, and accordingly, the assets and liabilities of Carolina Bank were recorded based on estimates of fair values as of March 3, 2017. The Company was able to change its valuations of acquired Carolina Bank assets and liabilities for up to one year after the acquisition date. The table below is a condensed balance sheet disclosing the amount assigned to each major asset and liability category of Carolina Bank on March 3, 2017, and the related fair value adjustments recorded by the Company to reflect the acquisition. The $65.1 million in goodwill that resulted from this transaction is non-deductible for tax purposes. ($ in thousands) As Initial Fair Measurement As Assets Cash and cash equivalents $ 81,466 (2 ) (a) — 81,464 Securities 49,629 (261 ) (b) — 49,368 Loans, gross 505,560 (5,469 ) (c) 146 (l) 497,522 (2,715 ) (d) — Allowance for loan losses (5,746 ) 5,746 (e) — — Premises and equipment 17,967 4,251 (f) (319 ) (m) 21,899 Core deposit intangible — 8,790 (g) — 8,790 Other 34,976 (4,804 ) (h) 2,225 (n) 32,397 Total 683,852 5,536 2,052 691,440 Liabilities Deposits $ 584,950 431 (i) — 585,381 Borrowings 21,855 (2,855 ) (j) (262 ) (o) 18,738 Other 12,855 225 (k) (444 ) (p) 12,636 Total 619,660 (2,199 ) (706 ) 616,755 Net identifiable assets acquired 74,685 Total cost of acquisition Value of stock issued $ 114,478 Cash paid in the acquisition 25,279 Total cost of acquisition 139,757 Goodwill recorded related to acquisition of Carolina Bank $ 65,072 Explanation of Fair Value Adjustments (a) This adjustment was recorded to a short-term investment to its estimated fair value. (b) This fair value adjustment was recorded to adjust the securities portfolio to its estimated fair value. (c) This fair value adjustment represents the amount necessary to reduce performing loans to their fair value due to interest rate factors and credit factors. Assuming the loans continue to perform, this amount will be amortized to increase interest income over the remaining lives of the related loans. (d) This fair value adjustment was recorded to write-down purchased credit impaired loans assumed in the acquisition to their estimated fair market value. (e) This fair value adjustment reduced the allowance for loan losses to zero as required by relevant accounting guidance. (f) This adjustment represents the amount necessary to increase premises and equipment from its book value on the date of acquisition to its estimated fair market value. (g) This fair value adjustment represents the value of the core deposit base assumed in the acquisition based on a study performed by an independent consulting firm. This amount was recorded by the Company as an identifiable intangible asset and will be amortized as expense on an accelerated basis over seven years. (h) This fair value adjustment primarily represents the net deferred tax liability associated with the other fair value adjustments made to record the transaction. (i) This fair value adjustment was recorded because the weighted average interest rate of Carolina Bank’s time deposits exceeded the cost of similar wholesale funding at the time of the acquisition. This amount is being amortized to reduce interest expense on an accelerated basis over their remaining five year life. (j) This fair value adjustment was primarily recorded because the interest rate of Carolina Bank’s trust preferred security was less than the current interest rate on similar instruments. This amount is being amortized on approximately a straight-line basis to increase interest expense over the remaining life of the related borrowing, which is 18 years. (k) This fair value adjustment represents miscellaneous adjustments needed to record assets and liabilities at their fair value. (l) This fair value adjustment was a miscellaneous adjustment to increase the initial fair value of gross loans. (m) This fair value adjustment relates to miscellaneous adjustment to decrease the initial fair value of premises and equipment. (n) This fair value adjustment relates to changes in the estimate of deferred tax assets/liabilities associated with the acquisition and adjustments to decrease the initial fair value of the foreclosed real estate acquired in the transaction based on newly obtained valuations. (o) This fair value adjustment relates to miscellaneous adjustments to decrease the initial fair value of borrowings. (p) This fair value adjustment relates to a change in the estimate of a contingent liability.
Asheville Savings Bank [Member]
Condensed Balance Sheet of Bank and Related Fair Value Adjustments	This acquisition was accounted for using the purchase method of accounting for business combinations, and accordingly, the assets and liabilities of Asheville Savings Bank were recorded based on estimates of fair values as of October 1, 2017. The Company may change its valuations of acquired Asheville Savings Bank assets and liabilities for up to one year after the acquisition date. The table below is a condensed balance sheet disclosing the amount assigned to each major asset and liability category of Asheville Savings Bank on October 1, 2017, and the related fair value adjustments recorded by the Company to reflect the acquisition. The $88.2 million in goodwill that resulted from this acquisition is non-deductible for tax purposes. ($ in thousands) As Recorded by Initial Fair Measurement As Assets Cash and cash equivalents $ 41,824 — — 41,824 Securities 95,020 — — 95,020 Loans, gross 617,159 (9,631 ) (a) — 606,180 (1,348 ) (b) — Allowance for loan losses (6,685 ) 6,685 (c) — — Presold mortgages 3,785 — — 3,785 Premises and equipment 10,697 9,857 (d) — 20,554 Core deposit intangible — 9,760 (e) 120 (i) 9,880 Other 35,944 (5,851 ) (f) (777 ) (j) 29,316 Total 797,744 9,472 (657 ) 806,559 Liabilities Deposits $ 678,707 430 (g) — 679,137 Borrowings 20,000 — — 20,000 Other 8,943 298 (h) (822 ) (k) 8,419 Total 707,650 728 (822 ) 707,556 Net identifiable assets acquired 99,003 Total cost of acquisition Value of stock issued $ 169,299 Cash paid in the acquisition 17,939 Total cost of acquisition 187,238 Goodwill recorded related to acquisition of Asheville Savings Bank $ 88,235 Explanation of Fair Value Adjustments (a) This fair value adjustment represents the amount necessary to reduce performing loans to their fair value due to interest rate factors and credit factors. Assuming the loans continue to perform, this amount will be amortized to increase interest income over the remaining lives of the related loans. (b) This fair value adjustment was recorded to write-down purchased credit impaired loans assumed in the acquisition to their estimated fair market value. (c) This fair value adjustment reduced the allowance for loan losses to zero as required by relevant accounting guidance. (d) This adjustment represents the amount necessary to increase premises and equipment from its book value on the date of acquisition to its estimated fair market value. (e) This fair value adjustment represents the value of the core deposit base assumed in the acquisition based on a study performed by an independent consulting firm. This amount was recorded by the Company as an identifiable intangible asset and is being amortized as expense on an accelerated basis over seven years. (f) This fair value adjustment primarily represents the net deferred tax liability associated with the other fair value adjustments made to record the transaction. (g) This fair value adjustment was recorded because the weighted average interest rate of Asheville Savings Bank’s time deposits exceeded the cost of similar wholesale funding at the time of the acquisition. This amount is being amortized to reduce interest expense on an accelerated basis over their remaining five year life. (h) This fair value adjustment represents miscellaneous adjustments needed to record assets and liabilities at their fair value. (i) This fair value adjustment relates to a change in the final amount of the core deposit intangible asset from the amount originally estimated. (j) This fair value adjustment relates to the write-down of a foreclosed property based on an updated appraisal and the related deferred tax asset adjustment. (k) This fair value adjustment was recorded to adjust the tax liability assumed on the acquisition date based on updated information.

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2018
Equity-Based Compensation Plans [Abstract]
Schedule of outstanding restricted stock	The following table presents information regarding the activity the first six months of 2018 related to the Company’s outstanding restricted stock: Long-Term Restricted Stock Number of Units Weighted-Average Nonvested at January 1, 2018 103,063 $24.08 Granted during the period 32,027 39.10 Vested during the period (10,626 ) 17.53 Forfeited or expired during the period (2,977 ) 25.21 Nonvested at June 30, 2018 121,487 $ 28.58
Schedule of Company's stock options outstanding	The following table presents information regarding the activity for the first six months of 2018 related to the Company’s stock options outstanding: Options Outstanding Number of Weighted- Weighted- Aggregate Balance at January 1, 2018 38,689 $ 16.09 Granted — — Exercised (29,689 ) 16.61 $ 659,743 Forfeited — — Expired — — Outstanding at June 30, 2018 9,000 $ 14.35 0.9 $ 239,040 Exercisable at June 30, 2018 9,000 $ 14.35 0.9 $ 239,040

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Schedule of reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share	The following is a reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share: For the Three Months Ended June 30, 2018 2017 ($ in thousands except per share amounts) Income Shares Per Share Income Shares Per Share Basic EPS Net income available to common shareholders $ 22,730 29,544,747 $ 0.77 $ 11,154 24,593,307 $ 0.45 Effect of Dilutive Securities — 87,991 — 78,243 Diluted EPS per common share $ 22,730 29,632,738 $ 0.77 $ 11,154 24,671,550 $ 0.45 For the Six Months Ended June 30, 2018 2017 ($ in thousands except per share amounts) Income Shares Per Share Income Shares Per Share Basic EPS Net income available to common shareholders $ 43,403 29,539,308 $ 1.47 $ 18,709 23,288,635 $ 0.80 Effect of Dilutive Securities — 91,514 — 79,868 Diluted EPS per common share $ 43,403 29,630,822 $ 1.46 $ 18,709 23,368,503 $ 0.80

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2018
Securities [Abstract]
Book values and approximate fair values of investment securities	The book values and approximate fair values of investment securities at June 30, 2018 and December 31, 2017 are summarized as follows: June 30, 2018 December 31, 2017 Amortized Fair Unrealized Amortized Fair Unrealized ($ in thousands) Cost Value Gains (Losses) Cost Value Gains (Losses) Securities available for sale: Government-sponsored enterprise securities $ 19,000 18,537 — (463 ) 14,000 13,867 — (133 ) Mortgage-backed securities 292,809 282,287 48 (10,570 ) 297,690 295,213 246 (2,722 ) Corporate bonds 33,772 33,244 64 (592 ) 33,792 34,190 512 (114 ) Total available for sale $ 345,581 334,068 112 (11,625 ) 345,482 343,270 758 (2,969 ) Securities held to maturity: Mortgage-backed securities $ 57,807 55,832 — (1,975 ) 63,829 63,092 — (737 ) State and local governments 50,458 51,236 836 (58 ) 54,674 55,906 1,280 (48 ) Total held to maturity $ 108,265 107,068 836 (2,033 ) 118,503 118,998 1,280 (785 )
Schedule of information regarding securities with unrealized losses	The following table presents information regarding securities with unrealized losses at June 30, 2018: ($ in thousands) Securities in an Unrealized Securities in an Unrealized Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Government-sponsored enterprise securities $ 15,615 385 2,922 78 18,537 463 Mortgage-backed securities 224,713 8,050 110,958 4,495 335,671 12,545 Corporate bonds 25,697 530 938 62 26,635 592 State and local governments 9,360 58 — — 9,360 58 Total temporarily impaired securities $ 275,385 9,023 114,818 4,635 390,203 13,658 The following table presents information regarding securities with unrealized losses at December 31, 2017: ($ in thousands) Securities in an Unrealized Securities in an Unrealized Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Government-sponsored enterprise securities $ 10,897 103 2,970 30 13,867 133 Mortgage-backed securities 192,702 1,582 125,060 1,877 317,762 3,459 Corporate bonds 2,500 49 935 65 3,435 114 State and local governments 7,928 48 — — 7,928 48 Total temporarily impaired securities $ 214,027 1,782 128,965 1,972 342,992 3,754
Schedule of book values and approximate fair values of investment securities by contractual maturity	The book values and approximate fair values of investment securities at June 30, 2018, by contractual maturity, are summarized in the table below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities Available for Sale Securities Held to Maturity Amortized Fair Amortized Fair ($ in thousands) Cost Value Cost Value Securities Due within one year $ — — 3,248 3,276 Due after one year but within five years 40,227 39,324 28,348 28,815 Due after five years but within ten years 7,545 7,460 17,066 17,355 Due after ten years 5,000 4,997 1,796 1,790 Mortgage-backed securities 292,809 282,287 57,807 55,832 Total securities $ 345,581 334,068 108,265 107,068

Loans and Asset Quality Infor27

Loans and Asset Quality Information (Tables)	6 Months Ended
	Jun. 30, 2018
Summary of the major categories of total loans outstanding	The following is a summary of the major categories of total loans outstanding: ($ in thousands) June 30, 2018 December 31, 2017 June 30, 2017 Amount Percentage Amount Percentage Amount Percentage All loans: Commercial, financial, and agricultural $ 417,366 10% $ 381,130 10% $ 383,834 11% Real estate – construction, land development & other land loans 600,031 14% 539,020 13% 446,661 13% Real estate – mortgage – residential (1-4 family) first mortgages 1,000,189 24% 972,772 24% 783,759 23% Real estate – mortgage – home equity loans / lines of credit 369,875 9% 379,978 9% 320,953 10% Real estate – mortgage – commercial and other 1,690,175 41% 1,696,107 42% 1,384,569 41% Installment loans to individuals 71,823 2% 74,348 2% 57,008 2% Subtotal 4,149,459 100% 4,043,355 100% 3,376,784 100% Unamortized net deferred loan fees (69 ) (986 ) (808 ) Total loans $ 4,149,390 $ 4,042,369 $ 3,375,976
Schedule of activity in purchased credit impaired loans	The following table presents changes in the carrying value of PCI loans. ($ in thousands) Purchased Credit Impaired Loans For the Six For the Year Balance at beginning of period $ 23,165 514 Additions due to acquisition of Carolina Bank — 19,254 Additions due to acquisition of Asheville Savings Bank — 9,886 Change due to payments received and accretion (2,328 ) (6,016 ) Change due to loan charge-offs (10 ) (12 ) Transfers to foreclosed real estate — (69 ) Other 5 (392 ) Balance at end of period $ 20,832 23,165 The following table presents changes in the accretable yield for PCI loans. ($ in thousands) Accretable Yield for PCI loans For the Six For the Year Balance at beginning of period $ 4,688 — Additions due to acquisition of Carolina Bank — 3,617 Additions due to acquisition of Asheville Savings Bank — 1,804 Accretion (784 ) (1,846 ) Reclassification from (to) nonaccretable difference 206 423 Other, net 48 690 Balance at end of period $ 4,158 4,688
Summary of nonperforming assets	Nonperforming assets are defined as nonaccrual loans, restructured loans, loans past due 90 or more days and still accruing interest, and foreclosed real estate. Nonperforming assets are summarized as follows. ($ in thousands) June 30, December 31, June 30, Nonperforming assets Nonaccrual loans $ 25,494 20,968 22,795 Restructured loans - accruing 17,386 19,834 21,019 Accruing loans > 90 days past due — — — Total nonperforming loans 42,880 40,802 43,814 Foreclosed real estate 8,296 12,571 11,196 Total nonperforming assets $ 51,176 53,373 55,010 Purchased credit impaired loans not included above (1) $ 20,832 23,165 16,846 (1) In the March 3, 2017 acquisition of Carolina Bank, and the October 1, 2017 acquisition of Asheville Savings Bank, the Company acquired $19.3 million and $9.9 million, respectively, in PCI loans in accordance with ASC 310-30 accounting guidance. These loans are excluded from nonperforming loans, including $0.5 million, $0.6 million, and $0.4 million in PCI loans at June 30, 2018, December 31, 2017, and June 30, 2017, respectively, that were contractually past due 90 days or more.
Schedule of nonaccrual loans	The following is a summary of the Company’s nonaccrual loans by major categories. ($ in thousands) June 30, December 31, Commercial, financial, and agricultural $ 3,407 1,001 Real estate – construction, land development & other land loans 1,374 1,822 Real estate – mortgage – residential (1-4 family) first mortgages 11,513 12,201 Real estate – mortgage – home equity loans / lines of credit 1,765 2,524 Real estate – mortgage – commercial and other 7,292 3,345 Installment loans to individuals 143 75 Total $ 25,494 20,968
Schedule of analysis of the payment status of loans	The following table presents an analysis of the payment status of the Company’s loans as of June 30, 2018. ($ in thousands) Accruing Accruing Accruing Nonaccrual Accruing Total Loans Commercial, financial, and agricultural $ 1,398 28 — 3,407 412,264 417,097 Real estate – construction, land development & other land loans 913 276 — 1,374 597,143 599,706 Real estate – mortgage – residential (1-4 family) first mortgages 4,708 692 — 11,513 975,883 992,796 Real estate – mortgage – home equity loans / lines of credit 1,189 171 — 1,765 366,377 369,502 Real estate – mortgage – commercial and other 2,604 560 — 7,292 1,667,577 1,678,033 Installment loans to individuals 279 148 — 143 70,923 71,493 Purchased credit impaired 452 163 463 — 19,754 20,832 Total $ 11,543 2,038 463 25,494 4,109,921 4,149,459 Unamortized net deferred loan fees (69 ) Total loans $ 4,149,390 The following table presents an analysis of the payment status of the Company’s loans as of December 31, 2017. ($ in thousands) Accruing Accruing Accruing Nonaccrual Accruing Total Loans Commercial, financial, and agricultural $ 89 151 — 1,001 379,241 380,482 Real estate – construction, land development & other land loans 1,154 214 — 1,822 535,423 538,613 Real estate – mortgage – residential (1-4 family) first mortgages 6,777 1,370 — 12,201 943,565 963,913 Real estate – mortgage – home equity loans / lines of credit 1,347 10 — 2,524 375,814 379,695 Real estate – mortgage – commercial and other 1,270 451 — 3,345 1,678,529 1,683,595 Installment loans to individuals 445 95 — 75 73,277 73,892 Purchased credit impaired 821 77 601 — 21,666 23,165 Total $ 11,903 2,368 601 20,968 4,007,515 4,043,355 Unamortized net deferred loan fees (986 ) Total loans $ 4,042,369
Schedule of activity in the allowance for loan losses for non-covered and covered loans	The following table presents the activity in the allowance for loan losses for all loans for the three and six months ended June 30, 2018. ($ in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Unallo Total As of and for the three months ended June 30, 2018 Beginning balance $ 2,536 2,317 5,892 2,266 5,991 844 3,452 23,298 Charge-offs (370 ) (30 ) (172 ) (10 ) (271 ) (144 ) — (997 ) Recoveries 313 341 371 90 542 50 — 1,707 Provisions (211 ) 64 968 (96 ) 1,033 147 (2,615 ) (710 ) Ending balance $ 2,268 2,692 7,059 2,250 7,295 897 837 23,298 As of and for the six months ended June 30, 2018 Beginning balance $ 3,111 2,816 6,147 1,827 6,475 950 1,972 23,298 Charge-offs (609 ) (32 ) (415 ) (186 ) (312 ) (262 ) — (1,816 ) Recoveries 812 3,387 516 243 1,124 103 — 6,185 Provisions (1,046 ) (3,479 ) 811 366 8 106 (1,135 ) (4,369 ) Ending balance $ 2,268 2,692 7,059 2,250 7,295 897 837 23,298 Ending balances as of June 30, 2018: Allowance for loan losses Individually evaluated for impairment $ 277 302 2,756 415 1,231 6 — 4,987 Collectively evaluated for impairment $ 1,991 2,390 4,133 1,794 6,052 891 837 18,088 Purchased credit impaired $ — — 170 41 12 — — 223 Loans receivable as of June 30, 2018: Ending balance – total $ 417,366 600,031 1,000,189 369,875 1,690,175 71,823 — 4,149,459 Unamortized net deferred loan fees (69 ) Total loans $ 4,149,390 Ending balances as of June 30, 2018: Loans Individually evaluated for impairment $ 3,208 3,549 15,247 671 10,333 10 — 33,018 Collectively evaluated for impairment $ 413,889 596,157 977,549 368,831 1,667,700 71,483 — 4,095,609 Purchased credit impaired $ 269 325 7,393 373 12,142 330 — 20,832 The following table presents the activity in the allowance for loan losses for the year ended December 31, 2017. ($ in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Unallo Total As of and for the year ended December 31, 2017 Beginning balance $ 3,829 2,691 7,704 2,420 5,098 1,145 894 23,781 Charge-offs (1,622 ) (589 ) (2,641 ) (978 ) (1,182 ) (799 ) — (7,811 ) Recoveries 1,311 2,579 1,076 333 1,027 279 — 6,605 Provisions (407 ) (1,865 ) 8 52 1,532 325 1,078 723 Ending balance $ 3,111 2,816 6,147 1,827 6,475 950 1,972 23,298 Ending balances as of December 31, 2017: Allowance for loan losses Individually evaluated for impairment $ 215 18 1,099 — 232 — — 1,564 Collectively evaluated for impairment $ 2,896 2,798 4,831 1,788 6,226 950 1,972 21,461 Purchased credit impaired $ — — 217 39 17 — — 273 Loans receivable as of December 31, 2017: Ending balance – total $ 381,130 539,020 972,772 379,978 1,696,107 74,348 — 4,043,355 Unamortized net deferred loan fees (986 ) Total loans $ 4,042,369 Ending balances as of December 31, 2017: Loans Individually evaluated for impairment $ 579 2,975 14,800 368 8,493 — — 27,215 Collectively evaluated for impairment $ 379,903 535,638 949,113 379,327 1,675,102 73,892 — 3,992,975 Purchased credit impaired $ 648 407 8,859 283 12,512 456 — 23,165 The following table presents the activity in the allowance for loan losses for all loans for the three and six months ended June 30, 2017. ($ in thousands) Commercial, Real Estate Real Estate Real Estate Real Estate Installment Unallo Total As of and for the three months ended June 30, 2017 Beginning balance $ 3,792 2,764 7,376 2,138 5,979 1,067 430 23,546 Charge-offs (814 ) (92 ) (353 ) (347 ) (88 ) (172 ) — (1,866 ) Recoveries 220 981 440 65 555 84 — 2,345 Provisions 232 (977 ) (378 ) 201 (293 ) 95 1,120 — Ending balance $ 3,430 2,676 7,085 2,057 6,153 1,074 1,550 24,025 As of and for the six months ended June 30, 2017 Beginning balance $ 3,829 2,691 7,704 2,420 5,098 1,145 894 23,781 Charge-offs (1,204 ) (269 ) (1,247 ) (578 ) (414 ) (359 ) — (4,071 ) Recoveries 518 1,471 636 130 698 139 — 3,592 Provisions 287 (1,217 ) (8 ) 85 771 149 656 723 Ending balance $ 3,430 2,676 7,085 2,057 6,153 1,074 1,550 24,025 Ending balances as of June 30, 2017: Allowance for loan losses Individually evaluated for impairment $ 8 182 1,304 — 424 — — 1,918 Collectively evaluated for impairment $ 3,422 2,494 5,781 2,057 5,729 1,074 1,550 22,107 Purchased credit impaired $ — — — — — — — — Loans receivable as of June 30, 2017: Ending balance – total $ 383,834 446,661 783,759 320,953 1,384,569 57,008 — 3,376,784 Unamortized net deferred loan fees (808 ) Total loans $ 3,375,976 Ending balances as of June 30, 2017: Loans Individually evaluated for impairment $ 235 3,250 17,083 54 9,053 — — 29,675 Collectively evaluated for impairment $ 383,330 442,956 763,224 320,174 1,363,629 56,950 — 3,330,263 Purchased credit impaired $ 269 455 3,452 725 11,887 58 — 16,846
Schedule of impaired loans individually evaluated	The following table presents loans individually evaluated for impairment by class of loans, excluding PCI loans, as of June 30, 2018. ($ in thousands) Recorded Unpaid Related Average Impaired loans with no related allowance recorded: Commercial, financial, and agricultural $ 2,530 2,580 — 928 Real estate – mortgage – construction, land development & other land loans 2,948 3,429 — 2,901 Real estate – mortgage – residential (1-4 family) first mortgages 4,514 5,118 — 4,885 Real estate – mortgage –home equity loans / lines of credit 23 35 — 138 Real estate – mortgage –commercial and other 3,494 3,685 — 3,441 Installment loans to individuals — 3 — — Total impaired loans with no allowance $ 13,509 14,850 — 12,293 Impaired loans with an allowance recorded: Commercial, financial, and agricultural $ 678 708 277 479 Real estate – mortgage – construction, land development & other land loans 601 723 302 355 Real estate – mortgage – residential (1-4 family) first mortgages 10,733 11,347 2,756 9,724 Real estate – mortgage –home equity loans / lines of credit 648 776 415 216 Real estate – mortgage –commercial and other 6,839 6,942 1,231 5,856 Installment loans to individuals 10 15 6 3 Total impaired loans with allowance $ 19,509 20,511 4,987 16,633 Interest income recorded on impaired loans during the six months ended June 30, 2018 was insignificant. The following table presents loans individually evaluated for impairment by class of loans, excluding PCI loans, as of December 31, 2017. ($ in thousands) Recorded Unpaid Related Average Impaired loans with no related allowance recorded: Commercial, financial, and agricultural $ 183 425 — 276 Real estate – mortgage – construction, land development & other land loans 2,743 3,941 — 2,846 Real estate – mortgage – residential (1-4 family) first mortgages 5,205 5,728 — 7,067 Real estate – mortgage –home equity loans / lines of credit 368 387 — 129 Real estate – mortgage –commercial and other 3,066 3,321 — 3,143 Installment loans to individuals — — — — Total impaired loans with no allowance $ 11,565 13,802 — 13,461 Impaired loans with an allowance recorded: Commercial, financial, and agricultural $ 396 396 215 214 Real estate – mortgage – construction, land development & other land loans 232 241 18 503 Real estate – mortgage – residential (1-4 family) first mortgages 9,595 9,829 1,099 10,077 Real estate – mortgage –home equity loans / lines of credit — — — 66 Real estate – mortgage –commercial and other 5,427 5,427 232 5,369 Installment loans to individuals — — — — Total impaired loans with allowance $ 15,650 15,893 1,564 16,229
Schedule of recorded investment in loans by credit quality indicators	The following table presents the Company’s recorded investment in loans by credit quality indicators as of June 30, 2018. ($ in thousands) Pass Special Classified Classified Total Commercial, financial, and agricultural $ 410,434 2,322 934 3,407 417,097 Real estate – construction, land development & other land loans 586,310 6,812 5,210 1,374 599,706 Real estate – mortgage – residential (1-4 family) first mortgages 941,399 13,829 26,055 11,513 992,796 Real estate – mortgage – home equity loans / lines of credit 357,507 1,698 8,532 1,765 369,502 Real estate – mortgage – commercial and other 1,648,367 16,644 5,730 7,292 1,678,033 Installment loans to individuals 70,776 215 359 143 71,493 Purchased credit impaired 6,376 7,059 7,397 — 20,832 Total $ 4,021,169 48,579 54,217 25,494 4,149,459 Unamortized net deferred loan fees (69 ) Total loans 4,149,390 The following table presents the Company’s recorded investment in loans by credit quality indicators as of December 31, 2017. ($ in thousands) Pass Special Classified Classified Total Commercial, financial, and agricultural $ 368,658 9,901 922 1,001 380,482 Real estate – construction, land development & other land loans 523,642 7,129 6,020 1,822 538,613 Real estate – mortgage – residential (1-4 family) first mortgages 905,111 16,235 30,366 12,201 963,913 Real estate – mortgage – home equity loans / lines of credit 365,982 3,784 7,405 2,524 379,695 Real estate – mortgage – commercial and other 1,647,725 23,335 9,190 3,345 1,683,595 Installment loans to individuals 73,379 222 216 75 73,892 Purchased credit impaired 6,541 12,309 4,315 — 23,165 Total $ 3,891,038 72,915 58,434 20,968 4,043,355 Unamortized net deferred loan fees (986 ) Total loans 4,042,369
Schedule of information related to loans modified in a troubled debt restructuring	The following table presents information related to loans modified in a troubled debt restructuring during the three months ended June 30, 2018 and 2017. ($ in thousands) For three months ended For the three months ended Number of Pre- Post- Number of Pre- Post- TDRs – Accruing Commercial, financial, and agricultural — $ — $ — — $ — $ — Real estate – construction, land development & other land loans — — — — — — Real estate – mortgage – residential (1-4 family) first mortgages 1 18 18 — — — Real estate – mortgage – home equity loans / lines of credit — — — — — — Real estate – mortgage – commercial and other — — — 3 1,000 1,000 Installment loans to individuals — — — — — — TDRs – Nonaccrual Commercial, financial, and agricultural — — — 1 38 25 Real estate – construction, land development & other land loans — — — 1 32 32 Real estate – mortgage – residential (1-4 family) first mortgages — — — 1 215 215 Real estate – mortgage – home equity loans / lines of credit — — — — — — Real estate – mortgage – commercial and other — — — — — — Installment loans to individuals — — — — — — Total TDRs arising during period 1 $ 18 $ 18 6 $ 1,285 $ 1,272 The following table presents information related to loans modified in a troubled debt restructuring during the six months ended June 30, 2018 and 2017. ($ in thousands) For six months ended For the six months ended Number of Pre- Post- Number of Pre- Post- TDRs – Accruing Commercial, financial, and agricultural — $ — $ — — $ — $ — Real estate – construction, land development & other land loans — — — — — — Real estate – mortgage – residential (1-4 family) first mortgages 1 18 18 — — — Real estate – mortgage – home equity loans / lines of credit — — — — — — Real estate – mortgage – commercial and other — — — 5 3,550 3,525 Installment loans to individuals — — — — — — TDRs – Nonaccrual Commercial, financial, and agricultural — — — 1 38 25 Real estate – construction, land development & other land loans 1 61 61 1 32 32 Real estate – mortgage – residential (1-4 family) first mortgages 2 254 264 1 215 215 Real estate – mortgage – home equity loans / lines of credit — — — — — — Real estate – mortgage – commercial and other — — — — — — Installment loans to individuals — — — — — — Total TDRs arising during period 4 $ 333 $ 343 8 $ 3,835 $ 3,797
Schedule of accruing restructured loans that defaulted in the period	Accruing restructured loans that were modified in the previous 12 months and that defaulted during the three months ended June 30, 2018 and 2017 are presented in the table below. The Company considers a loan to have defaulted when it becomes 90 or more days delinquent under the modified terms, has been transferred to nonaccrual status, or has been transferred to foreclosed real estate. ($ in thousands) For the three months ended For the three months ended Number of Recorded Number of Recorded Accruing TDRs that subsequently defaulted Real estate – mortgage – residential (1-4 family first mortgages) 1 $ 60 1 $ 254 Real estate – mortgage – commercial and other 2 763 — — Total accruing TDRs that subsequently defaulted 3 $ 823 1 $ 254 Accruing restructured loans that were modified in the previous 12 months and that defaulted during the six months ended June 30, 2018 and 2017 are presented in the table below ($ in thousands) For the six months ended For the six months ended Number of Recorded Number of Recorded Accruing TDRs that subsequently defaulted Real estate – mortgage – residential (1-4 family first mortgages) 1 $ 60 2 $ 880 Real estate – mortgage – commercial and other 3 1,333 — — Total accruing TDRs that subsequently defaulted 4 $ 1,393 2 $ 880
Asheville Savings Bank [Member]
Summary of contractually required payments expected at acquisition date	The following table relates to acquired Asheville Savings Bank PCI loans and summarizes the contractually required payments, which includes principal and interest, expected cash flows to be collected, and the fair value of acquired PCI loans at the acquisition date. ($ in thousands) Asheville Savings Bank Contractually required payments $ 13,424 Nonaccretable difference (1,734 ) Cash flows expected to be collected at acquisition 11,690 Accretable yield (1,804 ) Fair value of PCI loans at acquisition date $ 9,886
Summary of contractually required payments not expected at acquisition date	The following table relates to acquired Asheville Savings Bank purchased non-impaired loans and provides the contractually required payments, fair value, and estimate of contractual cash flows not expected to be collected at the acquisition date. ($ in thousands) Asheville Savings Bank Contractually required payments $ 727,706 Fair value of acquired loans at acquisition date 595,167 Contractual cash flows not expected to be collected 7,000
Carolina Bank [Member]
Summary of contractually required payments expected at acquisition date	The following table relates to Carolina Bank PCI loans and summarizes the contractually required payments, which includes principal and interest, expected cash flows to be collected, and the fair value of acquired PCI loans at the acquisition date. ($ in thousands) Carolina Bank Acquisition Contractually required payments $ 27,108 Nonaccretable difference (4,237 ) Cash flows expected to be collected at acquisition 22,871 Accretable yield (3,617 ) Fair value of PCI loans at acquisition date $ 19,254
Summary of contractually required payments not expected at acquisition date	The following table relates to acquired Carolina Bank purchased non-impaired loans and provides the contractually required payments, fair value, and estimate of contractual cash flows not expected to be collected at the acquisition date. ($ in thousands) Carolina Bank Acquisition Contractually required payments $ 569,980 Fair value of acquired loans at acquisition date 478,515 Contractual cash flows not expected to be collected 3,650

Goodwill and Other Intangible28

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2018
Goodwill And Other Intangible Assets [Abstract]
Summary of the gross carrying amount and accumulated amortization of amortizable intangible assets and the carrying amount of unamortized intangible assets	The following is a summary of the gross carrying amount and accumulated amortization of amortizable intangible assets as of June 30, 2018, December 31, 2017, and June 30, 2017 and the carrying amount of unamortized intangible assets as of those same dates. June 30, 2018 December 31, 2017 June 30, 2017 ($ in thousands) Gross Carrying Accumulated Gross Carrying Accumulated Gross Carrying Accumulated Amortizable intangible assets: Customer lists $ 6,013 1,322 6,013 1,090 2,369 866 Core deposit intangibles 28,440 14,078 28,280 11,475 18,520 9,404 SBA servicing asset 4,166 558 2,194 207 928 66 Other 1,303 812 1,303 581 1,032 381 Total $ 39,922 16,770 37,790 13,353 22,849 10,717 Unamortizable intangible assets: Goodwill $ 232,458 233,070 139,124
Schedule of the estimated amortization expense for the five succeeding fiscal years	The following table presents the estimated amortization expense related to amortizable intangible assets, excluding SBA servicing assets, for the last two quarters of calendar year 2018 and for each of the four calendar years ending December 31, 2022 and the estimated amount amortizable thereafter. These estimates are subject to change in future periods to the extent management determines it is necessary to make adjustments to the carrying value or estimated useful lives of amortized intangible assets. ($ in thousands) Estimated Amortization July 1 to December 31, 2018 $ 3,164 2019 5,440 2020 4,370 2021 3,288 2022 2,312 Thereafter 4,578 Total $ 23,152

Pension Plans (Tables)

Pension Plans (Tables)	6 Months Ended
	Jun. 30, 2018
Retirement Benefits [Abstract]
Schedule of the components of pension (income) expense	The Company recorded periodic pension cost (income) totaling ($93,000) and ($241,000) for the three months ended June 30, 2018 and 2017, respectively, which primarily related to investment income from the Pension Plan’s assets. The following table contains the components of the pension cost (income). For the Three Months Ended June 30, 2018 2017 2018 2017 2018 Total 2017 Total ($ in thousands) Pension Plan Pension Plan SERP SERP Both Plans Both Plans Service cost $ — — 33 32 33 32 Interest cost 326 350 53 53 379 403 Expected return on plan assets (556 ) (730 ) — — (556 ) (730 ) Amortization of net (gain)/loss 59 62 (8 ) (8 ) 51 54 Net periodic pension cost (income) $ (171 ) (318 ) 78 77 (93 ) (241 ) The Company recorded pension cost (income) totaling $272,000 and $(403,000) for the six months ended June 30, 2018 and 2017, respectively. The following table contains the components of the pension cost (income). For the Six Months Ended June 30, 2018 2017 2018 2017 2018 Total 2017 Total ($ in thousands) Pension Plan Pension Plan SERP SERP Both Plans Both Plans Service cost $ — — 62 59 62 59 Interest cost 656 725 110 113 766 838 Expected return on plan assets (659 ) (1,405 ) — — (659 ) (1,405 ) Amortization of net (gain)/loss 119 122 (16 ) (17 ) 103 105 Net periodic pension cost (income) $ 116 (558 ) 156 155 272 (403 )

Comprehensive Income (Loss) (Ta

Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2018
Comprehensive Income [Abstract]
Schedule of accumulated other comprehensive income (loss)	Comprehensive income (loss) is defined as the change in equity during a period for non-owner transactions and is divided into net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) includes revenues, expenses, gains, and losses that are excluded from earnings under current accounting standards. The components of accumulated other comprehensive income (loss) for the Company are as follows: ($ in thousands) June 30, 2018 December 31, 2017 June 30, 2017 Unrealized gain (loss) on securities available for sale $ (11,513 ) (2,211 ) 252 Deferred tax asset (liability) 2,691 517 (93 ) Net unrealized gain (loss) on securities available for sale (8,822 ) (1,694 ) 159 Additional pension asset (liability) (3,097 ) (3,200 ) (4,907 ) Deferred tax asset (liability) 724 748 1,816 Net additional pension asset (liability) (2,373 ) (2,452 ) (3,091 ) Total accumulated other comprehensive income (loss) $ (11,195 ) (4,146 ) (2,932 )
Schedule of changes in accumulated other comprehensive income (loss)	The following table discloses the changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2018 (all amounts are net of tax). ($ in thousands) Unrealized Gain Additional Total Beginning balance at January 1, 2018 $ (1,694 ) (2,452 ) (4,146 ) Other comprehensive income (loss) before reclassifications (7,128 ) — (7,128 ) Amounts reclassified from accumulated other comprehensive income — 79 79 Net current-period other comprehensive income (loss) (7,128 ) 79 (7,049 ) Ending balance at June 30, 2018 $ (8,822 ) (2,373 ) (11,195 ) The following table discloses the changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2017 (all amounts are net of tax). ($ in thousands) Unrealized Gain Additional Total Beginning balance at January 1, 2017 $ (1,947 ) (3,160 ) (5,107 ) Other comprehensive income (loss) before reclassifications 1,958 — 1,958 Amounts reclassified from accumulated other comprehensive income 148 69 217 Net current-period other comprehensive income (loss) 2,106 69 2,175 Ending balance at June 30, 2017 $ 159 (3,091 ) (2,932 )

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2018
Fair Value [Abstract]
Financial instruments that were measured at fair value on a recurring and nonrecurring basis	The following table summarizes the Company’s financial instruments that were measured at fair value on a recurring and nonrecurring basis at June 30, 2018. ($ in thousands) Description of Financial Instruments Fair Value at Quoted Prices in Significant Other Significant Recurring Securities available for sale: Government-sponsored enterprise securities $ 18,537 — 18,537 — Mortgage-backed securities 282,287 — 282,287 — Corporate bonds 33,244 — 33,244 — Total available for sale securities $ 334,068 — 334,068 — Nonrecurring Impaired loans $ 14,586 — — 14,586 Foreclosed real estate 8,296 — — 8,296 The following table summarizes the Company’s financial instruments that were measured at fair value on a recurring and nonrecurring basis at December 31, 2017. ($ in thousands) Description of Financial Instruments Fair Value at Quoted Prices in Significant Other Significant Recurring Securities available for sale: Government-sponsored enterprise securities $ 13,867 — 13,867 — Mortgage-backed securities 295,213 — 295,213 — Corporate bonds 34,190 — 34,190 — Total available for sale securities $ 343,270 — 343,270 — Nonrecurring Impaired loans $ 14,086 — — 14,086 Foreclosed real estate 12,571 — — 12,571
Level 3 assets and liabilities measured at fair value on a recurring or non-recurring basis	For Level 3 assets and liabilities measured at fair value on a recurring or non-recurring basis as of June 30, 2018, the significant unobservable inputs used in the fair value measurements were as follows: ($ in thousands) Description Fair Value at Valuation Significant Unobservable General Range Impaired loans $ 14,586 Appraised value; PV of expected cash flows Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0-10% Foreclosed real estate 8,296 Appraised value; List or contract price Discounts to reflect current market conditions, abbreviated holding period and estimated costs to sell 0-10% For Level 3 assets and liabilities measured at fair value on a recurring or non-recurring basis as of December 31, 2017, the significant unobservable inputs used in the fair value measurements were as follows: ($ in thousands) Description Fair Value at Valuation Significant Unobservable General Range Impaired loans $ 14,086 Appraised value; PV of expected cash flows Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0-10% Foreclosed real estate 12,571 Appraised value; List or contract price Discounts to reflect current market conditions and estimated costs to sell 0-10%
Schedule of the carrying amounts and estimated fair values of financial instruments	The carrying amounts and estimated fair values of financial instruments at June 30, 2018 and December 31, 2017 are as follows: June 30, 2018 December 31, 2017 ($ in thousands) Level in Fair Carrying Estimated Carrying Estimated Cash and due from banks, noninterest-bearing Level 1 $ 97,163 97,163 114,301 114,301 Due from banks, interest-bearing Level 1 462,972 462,972 375,189 375,189 Securities available for sale Level 2 334,068 334,068 343,270 343,270 Securities held to maturity Level 2 108,265 107,068 118,503 118,998 Presold mortgages in process of settlement Level 1 9,311 9,311 12,459 12,459 Total loans, net of allowance Level 3 4,126,092 4,084,898 4,019,071 4,010,551 Accrued interest receivable Level 1 13,930 13,930 14,094 14,094 Bank-owned life insurance Level 1 100,413 100,413 99,162 99,162 Deposits Level 2 4,553,621 4,547,235 4,406,955 4,401,757 Borrowings Level 2 407,076 398,113 407,543 397,903 Accrued interest payable Level 2 1,651 1,651 1,235 1,235

Revenue from Contracts with C32

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Schedule of Noninterest Income	All of the Company’s revenues that are in the scope of the “ Revenue from Contracts with Customers For the Six Months Ended $ in thousands June 30, 2018 June 30, 2017 Service charges on deposit accounts: $ 6,385 5,580 Other service charges, commissions, and fees: Interchange income 6,543 4,697 Other fees 2,967 2,030 Fees from presold mortgage loans (1) 1,655 2,279 Commissions from sales of insurance and financial products: Insurance income 2,903 858 Wealth management income 1,156 1,020 SBA consulting fees 2,267 2,310 SBA loan sale gains (1) 6,400 1,549 Bank-owned life insurance income (1) 1,251 1,088 Foreclosed property gains (losses), net (387 ) (223 ) Securities gains (losses), net (1) — (235 ) Other gains (losses), net (1) 912 731 Total noninterest income $ 32,052 21,684 (1) Not within the scope of ASC 606.

Accounting Policies (Details)

Accounting Policies (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)
Accounting Policies [Abstract]
Reclassified amount between Accumulated Other Comprehensive Income and Retained Earnings	$ 700

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) $ / shares in Units, $ in Thousands	Oct. 01, 2017USD ($)$ / sharesshares	Sep. 01, 2017USD ($)shares	Mar. 03, 2017USD ($)$ / sharesshares	Jun. 30, 2017USD ($)$ / shares	Jun. 30, 2018USD ($)	Dec. 31, 2017USD ($)
Business Acquisition [Line Items]
Shares issued pursuant to acquisition				$ 114,478
Goodwill				139,124	$ 232,458	$ 233,070
Total assets				4,528,620	5,717,600	5,547,037
Total deposits				3,644,330	4,553,621	4,406,955
Total loans				3,375,976	$ 4,149,390	$ 4,042,369
Carolina Bank [Member]
Business Acquisition [Line Items]
Payments for acquisition			$ 25,300
Shares issued pursuant to acquisition, shares | shares			3,799,471
Shares issued pursuant to acquisition			$ 114,500
Goodwill			$ 65,072
Payments for acquisition per share | $ / shares			$ 20
Merger share conversion ratio			1.002
Contribution of cash in total consideration			25.00%
Contribution of stock in total consideration			75.00%
Closing stock price | $ / shares			$ 30.13
Carolina Bank [Member] | Pre Merger [Member]
Business Acquisition [Line Items]
Merger Related Expenses				4,600
Merger Related Expenses net of tax				$ 3,100
Basic and Diluted | $ / shares				$ 0.12
Carolina Bank [Member] | Borrowings [Member]
Business Acquisition [Line Items]
Useful life of acquired intangible assets			18 years
Carolina Bank [Member] | Deposit Liabilities [Member]
Business Acquisition [Line Items]
Useful life of acquired intangible assets			5 years
Carolina Bank [Member] | Core Deposit Intangible [Member]
Business Acquisition [Line Items]
Useful life of acquired intangible assets			7 years
Bear Insurance [Member]
Business Acquisition [Line Items]
Total purchase price		$ 9,800
Payments for acquisition		$ 7,900
Shares issued pursuant to acquisition, shares | shares		13,374
Shares issued pursuant to acquisition		$ 400
Goodwill		5,300
Other amortizable intangible assets		3,900
Annual commission income		4,000
Earn-out liability		$ 1,200
Asheville Savings Bank [Member]
Business Acquisition [Line Items]
Payments for acquisition	$ 17,900
Shares issued pursuant to acquisition, shares | shares	4,920,061
Shares issued pursuant to acquisition	$ 169,300
Goodwill	$ 88,235
Payments for acquisition per share | $ / shares	$ 41.90
Merger share conversion ratio	1.44
Contribution of cash in total consideration	10.00%
Contribution of stock in total consideration	90.00%
Closing stock price | $ / shares	$ 34.41
Asheville Savings Bank [Member] | Deposit Liabilities [Member]
Business Acquisition [Line Items]
Useful life of acquired intangible assets	5 years
Asheville Savings Bank [Member] | Core Deposit Intangible [Member]
Business Acquisition [Line Items]
Useful life of acquired intangible assets	7 years

Acquisitions (Condensed Balance

Acquisitions (Condensed Balance Sheet of Carolina Bank and Asheville Savings Bank and Related Fair Value Adjustments) (Details) - USD ($) $ in Thousands		Oct. 01, 2017		Mar. 03, 2017	Mar. 03, 2017		Jun. 30, 2017	Jun. 30, 2018	Dec. 31, 2017
Assets
Core deposit intangible		$ 9,880		$ 8,790	$ 8,790
Fair Value Adjustments
Value of stock issued							$ 114,478
Goodwill recorded related to acquisition							$ 139,124	$ 232,458	$ 233,070
Carolina Bank [Member]
Assets
Cash and cash equivalents				81,466	81,466
Securities				49,629	49,629
Loans, gross				505,560	505,560
Allowance for loan losses				(5,746)	(5,746)
Premises and equipment				17,967	17,967
Core deposit intangible
Other				34,976	34,976
Total				683,852	683,852
Liabilities
Deposits				584,950	584,950
Borrowings				21,855	21,855
Other				12,855	12,855
Total				619,660	619,660
Fair Value Adjustments
Value of stock issued				114,500
Cash paid in the acquisition				25,300
Goodwill recorded related to acquisition				65,072	65,072
As Recorded by First Bancorp [Member]
Assets
Cash and cash equivalents		41,824		81,464	81,464
Securities		95,020		49,368	49,368
Loans, gross		606,180		497,522	497,522
Allowance for loan losses
Presold mortgages		3,785
Premises and equipment		20,554		21,899	21,899
Core deposit intangible		9,880		8,790	8,790
Other		29,316		32,397	32,397
Total		806,559		691,440	691,440
Liabilities
Deposits		679,137		585,381	585,381
Borrowings		20,000		18,738	18,738
Other		8,419		12,636	12,636
Total		707,556		616,755	616,755
Net identifiable assets acquired		99,003		$ 74,685	74,685
Fair Value Adjustments [Member]
Fair Value Adjustments
Cash and cash equivalents					(2)	[1]
Securities					(261)	[2]
Loans, gross	[3]	(9,631)			(5,469)
Write-down of purchased credit impaired loans	[4]	(1,348)			(2,715)
Allowance for loan losses	[5]	6,685			5,746
Premises and equipment	[6]	9,857			4,251
Core deposit intangible		9,760	[7]		8,790	[8]
Other	[9]	(5,851)			(4,804)
Total Assets		9,472			5,536
Deposits		430	[10]		431	[11]
Borrowings					(2,855)	[12]
Other	[13]	298			225
Total Liabilities		728			(2,199)
Value of stock issued		169,299			114,478
Cash paid in the acquisition		17,939			25,279
Total cost of acquisition		187,238			139,757
Measurement Period Adjustments [Member]
Fair Value Adjustments
Cash and cash equivalents
Securities
Loans, gross					146	[14]
Write-down of purchased credit impaired loans
Allowance for loan losses
Premises and equipment					(319)	[15]
Core deposit intangible		120	[16]
Other		(777)	[17]		2,225	[18]
Total Assets		(657)			2,052
Deposits
Borrowings					(262)	[19]
Other		(822)	[20]		(444)	[21]
Total Liabilities		(822)			$ (706)
Asheville Savings Bank [Member]
Assets
Cash and cash equivalents		41,824
Securities		95,020
Loans, gross		617,159
Allowance for loan losses		(6,685)
Presold mortgages		3,785
Premises and equipment		10,697
Core deposit intangible
Other		35,944
Total		797,744
Liabilities
Deposits		678,707
Borrowings		20,000
Other		8,943
Total		707,650
Fair Value Adjustments
Value of stock issued		169,300
Cash paid in the acquisition		17,900
Goodwill recorded related to acquisition		$ 88,235
[1]	This adjustment was recorded to a short-term investment to its estimated fair value.
[2]	This fair value adjustment was recorded to adjust the securities portfolio to its estimated fair value.
[3]	This fair value adjustment represents the amount necessary to reduce performing loans to their fair value due to interest rate factors and credit factors. Assuming the loans continue to perform, this amount will be amortized to increase interest income over the remaining lives of the related loans.
[4]	This fair value adjustment was recorded to write-down purchased credit impaired loans assumed in the acquisition to their estimated fair market value.
[5]	This fair value adjustment reduced the allowance for loan losses to zero as required by relevant accounting guidance.
[6]	This adjustment represents the amount necessary to increase premises and equipment from its book value on the date of acquisition to its estimated fair market value.
[7]	This fair value adjustment represents the value of the core deposit base assumed in the acquisition based on a study performed by an independent consulting firm. This amount was recorded by the Company as an identifiable intangible asset and is being amortized as expense on an accelerated basis over seven years.
[8]	This fair value adjustment represents the value of the core deposit base assumed in the acquisition based on a study performed by an independent consulting firm. This amount was recorded by the Company as an identifiable intangible asset and will be amortized as expense on an accelerated basis over seven years.
[9]	This fair value adjustment primarily represents the net deferred tax liability associated with the other fair value adjustments made to record the transaction.
[10]	This fair value adjustment was recorded because the weighted average interest rate of Asheville Savings Bank's time deposits exceeded the cost of similar wholesale funding at the time of the acquisition. This amount is being amortized to reduce interest expense on an accelerated basis over their remaining five year life.
[11]	This fair value adjustment was recorded because the weighted average interest rate of Carolina Bank's time deposits exceeded the cost of similar wholesale funding at the time of the acquisition. This amount is being amortized to reduce interest expense on an accelerated basis over their remaining five year life.
[12]	This fair value adjustment was primarily recorded because the interest rate of Carolina Bank's trust preferred securities was less than the current interest rate on similar instruments. This amount is being amortized on approximately a straight-line basis to increase interest expense over the remaining life of the related borrowing, which is 18 years.
[13]	This fair value adjustment represents miscellaneous adjustments needed to record assets and liabilities at their fair value.
[14]	This fair value adjustment was a miscellaneous adjustment to increase the initial fair value of gross loans.
[15]	This fair value adjustment relates to miscellaneous adjustment to decrease the initial fair value of premises and equipment.
[16]	This fair value adjustment relates to a change in the final amount of the core deposit intangible asset from the amount originally estimated.
[17]	This fair value adjustment relates to the write-down of a foreclosed property based on an updated appraisal and the related deferred tax asset adjustment.
[18]	This fair value adjustment relates to changes in the estimate of deferred tax assets/liabilities associated with the acquisition and adjustments to decrease the initial fair value of the foreclosed real estate acquired in the transaction based on newly obtained valuations.
[19]	This fair value adjustment relates to miscellaneous adjustments to decrease the initial fair value of borrowings.
[20]	This fair value adjustment was recorded to adjust the tax liability assumed on the acquisition date based on updated information.
[21]	This fair value adjustment relates to a change in the estimate of a contingent liability.

Acquisitions (Summary of Profor

Acquisitions (Summary of Proforma Combined) (Details) - USD ($) $ / shares in Units, $ in Thousands	4 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
Net interest income		$ 78,260
Noninterest income		22,874
Total revenue		101,134
Net income available to common shareholders		$ 21,229
Earnings per common share
Basic		$ 0.86
Diluted		$ 0.86
Carolina Bank [Member]
Net interest income	$ 8,778
Noninterest income	1,871
Total revenue	10,649
Net income available to common shareholders	$ 2,275

Stock-Based Compensation Plan37

Stock-Based Compensation Plans (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		42 Months Ended	48 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2018
Stock based compensation expense	$ 596	$ 479	$ 827	$ 683
Stock based compensation, income tax benefit			193	243
Proceeds from stock options exercised	216	242	324	287
Employees [Member]
Stock based compensation expense	173	$ 89	328	186	$ 2,700
Stock-based compensation expense expected to be recorded	$ 211		211		$ 211	$ 211
Vesting period					3 years
Grants in period (options)					101,156
Non-employee directors [Member]
Stock based compensation expense			352	$ 320
Equity grants value			$ 32
Grants in period (options)			8,393	11,190
Exercise price	$ 41.93	$ 28.59	$ 41.93	$ 28.59	$ 41.93	$ 41.93
Director [Member]
Stock-based compensation expense expected to be recorded	$ 352		$ 352		$ 352	$ 352
Grants in period (options)			763	1,119
Employee Grants [Member]
Stock based compensation expense			$ 475
Restricted Stock [Member] | Senior Executives [Member]
Stock based compensation expense	73	$ 66	147	$ 151
Stock-based compensation expense expected to be recorded	73		$ 73		73	73
Vesting period			3 years
Total compensation expense associated with senior executives grants	$ 1,400		$ 1,400		$ 1,400	$ 1,400
Grants in period (options)						54,529
Percent of bonus earned under the incentive plan in cash			50.00%
Percent of bonus earned under the incentive plan in shares of restricted stock			50.00%
First Bancorp 2014 Equity Plan [Member]
Shares remaining available for grant	771,477		771,477		771,477	771,477
First Bancorp Plans [Member]
Stock options outstanding	9,000		9,000		9,000	9,000
Exercise price	$ 14.35		$ 14.35		$ 14.35	$ 14.35

Stock-Based Compensation Plan38

Stock-Based Compensation Plans (Schedule of Outstanding Restricted Stock) (Details) - Long-Term Restricted Stock [Member]	6 Months Ended
	Jun. 30, 2018$ / sharesshares
Number of Units
Nonvested, beginning | shares	103,063
Granted during the period | shares	32,027
Vested during the period | shares	(10,626)
Forfeited or expired during the period | shares	(2,977)
Nonvested, ending | shares	121,487
Weighted-Average Grant-Date Fair Value
Nonvested, beginning | $ / shares	$ 24.08
Granted during the period | $ / shares	39.10
Vested during the period | $ / shares	17.53
Forfeited or expired during the period | $ / shares	25.21
Nonvested, ending | $ / shares	$ 28.58

Stock-Based Compensation Plan39

Stock-Based Compensation Plans (Schedule of Company's Stock Options Outstanding) (Details) - Stock Options [Member] $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)$ / sharesshares
Number of shares:
Balance options outstanding, beginning | shares	38,689
Granted | shares
Exercised | shares	(29,689)
Forfeited | shares
Expired | shares
Balance options outstanding, end | shares	9,000
Exercisable, end of period | shares	9,000
Weighted Average Exercise Price
Balance, beginning | $ / shares	$ 16.09
Granted | $ / shares
Exercised | $ / shares	16.61
Forfeited | $ / shares
Expired | $ / shares
Outstanding | $ / shares	14.35
Exercisable | $ / shares	$ 14.35
Weighted- Average Contractual Term (years), outstanding	10 months 25 days
Weighted- Average Contractual Term (years), exercisable	10 months 25 days
Aggregate Intrinsic Value, exercised | $	$ 659,743
Aggregate Intrinsic Value, outstanding | $	239,040
Aggregate Intrinsic Value, exercisable | $	$ 239,040

Earnings Per Common Share (Narr

Earnings Per Common Share (Narrative) (Details) - shares	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of anti-dilutive securities

Earnings Per Common Share (Reco

Earnings Per Common Share (Reconciliation Of Numerators And Denominators ) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Basic EPS
Net income available to common shareholders	$ 22,730	$ 11,154	$ 43,403	$ 18,709
Shares (denominator)	29,544,747	24,593,307	29,539,308	23,288,635
Basic EPS	$ 0.77	$ 0.45	$ 1.47	$ 0.80
Effect of Dilutive Securities Income (numerator)
Effect of Dilutive Securities Shares (denominator)	87,991	78,243	91,514	79,868
Diluted EPS per common share
Income (numerator)	$ 22,730	$ 11,154	$ 43,403	$ 18,709
Shares (denominator)	29,632,738	24,671,550	29,630,822	23,368,503
Diluted EPS per common share	$ 0.77	$ 0.45	$ 1.46	$ 0.80

Securities (Narrative) (Details

Securities (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2018	Dec. 31, 2017
Securities [Abstract]
Private mortgage-backed security fair value		$ 1,100
Investment securities, pledged as collateral for public deposits		233,437	$ 176,813
Sales of investment securities	$ 45,601
Net realized gains (losses) of investment securities	$ 235
Federal Home Loan Bank stock and Federal Reserve Bank stock, cost		37,437	31,338
Federal Home Loan Bank Stock, cost		20,036	19,647
Federal Reserve Bank, cost		$ 17,401	$ 11,691

Securities (Summary of Book Val

Securities (Summary of Book Values and Fair Values of Investment Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Securities available for sale:
Amortized Cost	$ 345,581	$ 345,482
Fair Value	334,068	343,270	$ 207,496
Unrealized Gains	112	758
Unrealized (Losses)	(11,625)	(2,969)
Securities held to maturity:
Amortized Cost	108,265	118,503	127,866
Fair Value	107,068	118,998	$ 129,697
Unrealized Gains	836	1,280
Unrealized (Losses)	(2,033)	(785)
Government-sponsored enterprise securities [Member]
Securities available for sale:
Amortized Cost	19,000	14,000
Fair Value	18,537	13,867
Unrealized Gains
Unrealized (Losses)	(463)	(133)
Mortgage-backed securities [Member]
Securities available for sale:
Amortized Cost	292,809	297,690
Fair Value	282,287	295,213
Unrealized Gains	48	246
Unrealized (Losses)	(10,570)	(2,722)
Securities held to maturity:
Amortized Cost	57,807	63,829
Fair Value	55,832	63,092
Unrealized Gains
Unrealized (Losses)	(1,975)	(737)
Corporate bonds [Member]
Securities available for sale:
Amortized Cost	33,772	33,792
Fair Value	33,244	34,190
Unrealized Gains	64	512
Unrealized (Losses)	(592)	(114)
State and local governments [Member]
Securities held to maturity:
Amortized Cost	50,458	54,674
Fair Value	51,236	55,906
Unrealized Gains	836	1,280
Unrealized (Losses)	$ (58)	$ (48)

Securities (Schedule of Informa

Securities (Schedule of Information Regarding Securities with Unrealized Losses) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Total temporarily impaired securities Fair Value	$ 275,385	$ 214,027
Total temporarily impaired securities Unrealized Losses	9,023	1,782
Total temporarily impaired securities Fair Value	114,818	128,965
Total temporarily impaired securities Unrealized Losses	4,635	1,972
Total temporarily impaired securities Fair Value	390,203	342,992
Total temporarily impaired securities Unrealized Losses	13,658	3,754
Government-sponsored enterprise securities [Member]
AFS Fair Value	15,615	10,897
AFS Unrealized Losses	385	103
AFS Fair Value	2,922	2,970
AFS Unrealized Losses	78	30
Total temporarily impaired securities Fair Value	18,537	13,867
Total temporarily impaired securities Unrealized Losses	463	133
Mortgage-backed securities [Member]
AFS Fair Value	224,713	192,702
AFS Unrealized Losses	8,050	1,582
AFS Fair Value	110,958	125,060
AFS Unrealized Losses	4,495	1,877
Total temporarily impaired securities Fair Value	335,671	317,762
Total temporarily impaired securities Unrealized Losses	12,545	3,459
Corporate bonds [Member]
AFS Fair Value	25,697	2,500
AFS Unrealized Losses	530	49
AFS Fair Value	938	935
AFS Unrealized Losses	62	65
Total temporarily impaired securities Fair Value	26,635	3,435
Total temporarily impaired securities Unrealized Losses	592	114
State and local governments [Member]
HTM Fair Value	9,360	7,928
HTM Unrealized Losses	58	48
AFS Fair Value
AFS Unrealized Losses
Total temporarily impaired securities Fair Value	9,360	7,928
Total temporarily impaired securities Unrealized Losses	$ 58	$ 48

Securities (Schedule of Book Va

Securities (Schedule of Book Values and Fair Values of Investment Securities by Contractual Maturity) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Securities Available for Sale - Amortized Cost
Due within one year
Due after one year but within five years	40,227
Due after five years but within ten years	7,545
Due after ten years	5,000
Mortgage-backed securities	292,809
Total debt securities	345,581
Securities Available for Sale - Fair Value
Due within one year
Due after one year but within five years	39,324
Due after five years but within ten years	7,460
Due after ten years	4,997
Mortgage-backed securities	282,287
Total debt securities	334,068
Securities Held to Maturity - Amortized Cost
Due within one year	3,248
Due after one year but within five years	28,348
Due after five years but within ten years	17,066
Due after ten years	1,796
Mortgage-backed securities	57,807
Total debt securities	108,265	$ 118,503	$ 127,866
Securities Held to Maturity - Fair Value
Due within one year	3,276
Due after one year but within five years	28,815
Due after five years but within ten years	17,355
Due after ten years	1,790
Mortgage-backed securities	55,832
Securities held to maturity	$ 107,068	$ 118,998	$ 129,697

Loans and Asset Quality Infor46

Loans and Asset Quality Information (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Oct. 01, 2017	Mar. 03, 2017
Recorded loans with a fair value				$ 606,200	$ 497,500
Payments that exceeded the initial carrying amount on purchased impaired loans	$ 190	$ 564
Discount accretion loan interest income - purchased impaired loans paid off	149	558
Additional loan interest income - purchased impaired loans paid off	41	6
Real estate - mortgage - residential (1-4 family) first mortgages [Member]
Nonaccrual loans in process of foreclosure	400		$ 800
Purchased Impaired Loans [Member]
Recorded loans with a fair value				$ 9,900	$ 19,300
Purchased Impaired Loans [Member] | Carolina Bank Holdings, Inc. [Member] | 90 Days or More Past Due [Member]
Recorded loans with a fair value	$ 500	$ 400	$ 600

Loans and Asset Quality Infor47

Loans and Asset Quality Information (Summary of the contractually required payments) (Details) - USD ($) $ in Thousands	Oct. 01, 2017	Mar. 03, 2017
Purchased credit impaired [Member] | Carolina Bank [Member]
Contractually required payments		$ 27,108
Nonaccretable difference		(4,237)
Cash flows expected to be collected at acquisition		22,871
Accretable yield		(3,617)
Fair value of PCI loans at acquisition date		19,254
Purchased credit impaired [Member] | Asheville Savings Bank [Member]
Contractually required payments	$ 13,424
Nonaccretable difference	(1,734)
Cash flows expected to be collected at acquisition	11,690
Accretable yield	(1,804)
Fair value of PCI loans at acquisition date	9,886
Purchased Non impaired [Member] | Carolina Bank [Member]
Contractually required payments		569,980
Fair value of PCI loans at acquisition date		478,515
Contractual cash flows not expected to be collected		$ 3,650
Purchased Non impaired [Member] | Asheville Savings Bank [Member]
Contractually required payments	727,706
Fair value of PCI loans at acquisition date	595,167
Contractual cash flows not expected to be collected	$ 7,000

Loans and Asset Quality Infor48

Loans and Asset Quality Information (Summary of Major Categories of Total Loans Outstanding) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
All loans (non-covered and covered):
Amount of loans	$ 4,149,459	$ 4,043,355	$ 3,376,784
Percentage of Loans	100.00%	100.00%	100.00%
Unamortized net deferred loan costs (fees)	$ (69)	$ (986)	$ (808)
Total loans	4,149,390	4,042,369	3,375,976
Commercial, financial, and agricultural [Member]
All loans (non-covered and covered):
Amount of loans	$ 417,366	$ 381,130	$ 383,834
Percentage of Loans	10.00%	10.00%	11.00%
Real estate - construction, land development & other land loans [Member]
All loans (non-covered and covered):
Amount of loans	$ 600,031	$ 539,020	$ 446,661
Percentage of Loans	14.00%	13.00%	13.00%
Real estate - mortgage - residential (1-4 family) first mortgages [Member]
All loans (non-covered and covered):
Amount of loans	$ 1,000,189	$ 972,772	$ 783,759
Percentage of Loans	24.00%	24.00%	23.00%
Real estate - mortgage - home equity loans / lines of credit [Member]
All loans (non-covered and covered):
Amount of loans	$ 369,875	$ 379,978	$ 320,953
Percentage of Loans	9.00%	9.00%	10.00%
Real estate - mortgage - commercial and other [Member]
All loans (non-covered and covered):
Amount of loans	$ 1,690,175	$ 1,696,107	$ 1,384,569
Percentage of Loans	41.00%	42.00%	41.00%
Installment loans to individuals [Member]
All loans (non-covered and covered):
Amount of loans	$ 71,823	$ 74,348	$ 57,008
Percentage of Loans	2.00%	2.00%	2.00%

Loans and Asset Quality Infor49

Loans and Asset Quality Information (Schedule of Applied Cost Recovery Method of Purchased Impaired Loans) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Purchased Credit Impaired Loans (substantially all of which are covered loans)
Balance, beginning, carrying value	$ 23,165	$ 514
Change due to payments received and accretion	(2,328)	(6,016)
Change due to loan charge-offs	(10)	(12)
Transfers to foreclosed real estate		(69)
Other	5	(392)
Balance, ending, carrying value	20,832	23,165
Carolina Bank [Member]
Purchased Credit Impaired Loans (substantially all of which are covered loans)
Additions due to acquisition		19,254
Asheville Savings Bank [Member]
Purchased Credit Impaired Loans (substantially all of which are covered loans)
Additions due to acquisition		9,886
Accretable Yield for PCI loans [Member]
Purchased Credit Impaired Loans (substantially all of which are covered loans)
Balance, beginning, carrying value	4,688
Accretion	(784)	(1,846)
Reclassification from (to) nonaccretable difference	206	423
Other	48	690
Balance, ending, carrying value	4,158	4,688
Accretable Yield for PCI loans [Member] | Carolina Bank [Member]
Purchased Credit Impaired Loans (substantially all of which are covered loans)
Additions due to acquisition		3,617
Accretable Yield for PCI loans [Member] | Asheville Savings Bank [Member]
Purchased Credit Impaired Loans (substantially all of which are covered loans)
Additions due to acquisition		$ 1,804

Loans and Asset Quality Infor50

Loans and Asset Quality Information (Summary of Nonperforming Assets) (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Nonperforming assets:
Nonaccrual loans		$ 25,494	$ 20,968	$ 22,795
Restructured loans - accruing		17,386	19,834	21,019
Accruing loans > 90 days past due
Total nonperforming loans		42,880	40,802	43,814
Foreclosed real estate		8,296	12,571	11,196
Total nonperforming assets		51,176	53,373	55,010
Purchased credit impaired loans not included above	[1]	$ 20,832	$ 23,165	$ 16,846
[1]	In the March 3, 2017 acquisition of Carolina Bank, and the October 1, 2017 acquisition of Asheville Savings Bank, the Company acquired $19.3 million and $9.9 million, respectively, in PCI loans in accordance with ASC 310-30 accounting guidance. These loans are excluded from nonperforming loans, including $0.5 million, $0.6 million, and $0.4 million in PCI loans at June 30, 2018, December 31, 2017, and June 30, 2017, respectively, that were contractually past due 90 days or more.

Loans and Asset Quality Infor51

Loans and Asset Quality Information (Schedule of Nonaccrual Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Company's nonaccrual loans:
Nonaccrual loans	$ 25,494	$ 20,968	$ 22,795
Commercial, financial, and agricultural [Member]
Company's nonaccrual loans:
Nonaccrual loans	3,407	1,001
Real estate construction, land development & other land loans [Member]
Company's nonaccrual loans:
Nonaccrual loans	1,374	1,822
Real estate mortgage residential (1-4 family) first mortgages [Member]
Company's nonaccrual loans:
Nonaccrual loans	11,513	12,201
Real estate mortgage home equity loans / lines of credit [Member]
Company's nonaccrual loans:
Nonaccrual loans	1,765	2,524
Real estate mortgage commercial and other [Member]
Company's nonaccrual loans:
Nonaccrual loans	7,292	3,345
Installment loans to individuals [Member]
Company's nonaccrual loans:
Nonaccrual loans	$ 143	$ 75

Loans and Asset Quality Infor52

Loans and Asset Quality Information (Schedule of Analysis of Payment Status of Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Analysis of the payment status of loans
Nonaccrual loans	$ 25,494	$ 20,968	$ 22,795
Total loans	4,149,390	4,042,369	3,375,976
Unamortized net deferred loan fees	(69)	(986)	(808)
Total loans	4,149,390	4,042,369	$ 3,375,976
Commercial, financial, and agricultural [Member]
Analysis of the payment status of loans
Nonaccrual loans	3,407	1,001
Real estate construction, land development & other land loans [Member]
Analysis of the payment status of loans
Nonaccrual loans	1,374	1,822
Real estate mortgage residential (1-4 family) first mortgages [Member]
Analysis of the payment status of loans
Nonaccrual loans	11,513	12,201
Real estate mortgage home equity loans / lines of credit [Member]
Analysis of the payment status of loans
Nonaccrual loans	1,765	2,524
Real estate mortgage commercial and other [Member]
Analysis of the payment status of loans
Nonaccrual loans	7,292	3,345
Installment loans to individuals [Member]
Analysis of the payment status of loans
Nonaccrual loans	143	75
All Total Loans [Member]
Analysis of the payment status of loans
Nonaccrual loans	25,494	20,968
Current	4,109,921	4,007,515
Total loans	4,149,459	4,043,355
Unamortized net deferred loan fees	(69)	(986)
Total loans	4,149,390	4,042,369
All Total Loans [Member] | 30-59 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	11,543	11,903
All Total Loans [Member] | 60-89 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	2,038	2,368
All Total Loans [Member] | 90 Days or More Past Due [Member]
Analysis of the payment status of loans
Financing receivable, past due	463	601
All Total Loans [Member] | Commercial, financial, and agricultural [Member]
Analysis of the payment status of loans
Nonaccrual loans	3,407	1,001
Current	412,264	379,241
Total loans	417,097	380,482
All Total Loans [Member] | Commercial, financial, and agricultural [Member] | 30-59 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	1,398	89
All Total Loans [Member] | Commercial, financial, and agricultural [Member] | 60-89 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	28	151
All Total Loans [Member] | Commercial, financial, and agricultural [Member] | 90 Days or More Past Due [Member]
Analysis of the payment status of loans
Financing receivable, past due
All Total Loans [Member] | Real estate construction, land development & other land loans [Member]
Analysis of the payment status of loans
Nonaccrual loans	1,374	1,822
Current	597,143	535,423
Total loans	599,706	538,613
All Total Loans [Member] | Real estate construction, land development & other land loans [Member] | 30-59 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	913	1,154
All Total Loans [Member] | Real estate construction, land development & other land loans [Member] | 60-89 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	276	214
All Total Loans [Member] | Real estate construction, land development & other land loans [Member] | 90 Days or More Past Due [Member]
Analysis of the payment status of loans
Financing receivable, past due
All Total Loans [Member] | Real estate mortgage residential (1-4 family) first mortgages [Member]
Analysis of the payment status of loans
Nonaccrual loans	11,513	12,201
Current	975,883	943,565
Total loans	992,796	963,913
All Total Loans [Member] | Real estate mortgage residential (1-4 family) first mortgages [Member] | 30-59 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	4,708	6,777
All Total Loans [Member] | Real estate mortgage residential (1-4 family) first mortgages [Member] | 60-89 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	692	1,370
All Total Loans [Member] | Real estate mortgage residential (1-4 family) first mortgages [Member] | 90 Days or More Past Due [Member]
Analysis of the payment status of loans
Financing receivable, past due
All Total Loans [Member] | Real estate mortgage home equity loans / lines of credit [Member]
Analysis of the payment status of loans
Nonaccrual loans	1,765	2,524
Current	366,377	375,814
Total loans	369,502	379,695
All Total Loans [Member] | Real estate mortgage home equity loans / lines of credit [Member] | 30-59 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	1,189	1,347
All Total Loans [Member] | Real estate mortgage home equity loans / lines of credit [Member] | 60-89 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	171	10
All Total Loans [Member] | Real estate mortgage home equity loans / lines of credit [Member] | 90 Days or More Past Due [Member]
Analysis of the payment status of loans
Financing receivable, past due
All Total Loans [Member] | Real estate mortgage commercial and other [Member]
Analysis of the payment status of loans
Nonaccrual loans	7,292	3,345
Current	1,667,577	1,678,529
Total loans	1,678,033	1,683,595
All Total Loans [Member] | Real estate mortgage commercial and other [Member] | 30-59 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	2,604	1,270
All Total Loans [Member] | Real estate mortgage commercial and other [Member] | 60-89 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	560	451
All Total Loans [Member] | Real estate mortgage commercial and other [Member] | 90 Days or More Past Due [Member]
Analysis of the payment status of loans
Financing receivable, past due
All Total Loans [Member] | Installment loans to individuals [Member]
Analysis of the payment status of loans
Nonaccrual loans	143	75
Current	70,923	73,277
Total loans	71,493	73,892
All Total Loans [Member] | Installment loans to individuals [Member] | 30-59 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	279	445
All Total Loans [Member] | Installment loans to individuals [Member] | 60-89 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	148	95
All Total Loans [Member] | Installment loans to individuals [Member] | 90 Days or More Past Due [Member]
Analysis of the payment status of loans
Financing receivable, past due
All Total Loans [Member] | Purchased credit impaired [Member]
Analysis of the payment status of loans
Nonaccrual loans
Current	19,754	21,666
Total loans	20,832	23,165
All Total Loans [Member] | Purchased credit impaired [Member] | 30-59 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	452	821
All Total Loans [Member] | Purchased credit impaired [Member] | 60-89 Days past due [Member]
Analysis of the payment status of loans
Financing receivable, past due	163	77
All Total Loans [Member] | Purchased credit impaired [Member] | 90 Days or More Past Due [Member]
Analysis of the payment status of loans
Financing receivable, past due	$ 463	$ 601

Loans and Asset Quality Infor53

Loans and Asset Quality Information (Schedule of Activity in Allowance for Loan Losses for Loans) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Beginning balance	$ 23,298	$ 23,546	$ 23,298	$ 23,781	$ 23,781
Charge-offs	(997)	(1,866)	(1,816)	(4,071)	(7,811)
Recoveries	1,707	2,345	6,185	3,592	6,605
Provisions	(710)		(4,369)	723	723
Ending balance	23,298	24,025	23,298	24,025	23,298
Ending balances: Allowance for loan losses
Individually evaluated for impairment	4,987	1,918	4,987	1,918	1,564
Collectively evaluated for impairment	18,088	22,107	18,088	22,107	21,461
Purchased credit impaired	223		223		273
Loans receivable:
Ending balance - total	4,149,459	3,376,784	4,149,459	3,376,784	4,043,355
Unamortized net deferred loan fees	(69)	(808)	(69)	(808)	(986)
Total loans	4,149,390	3,375,976	4,149,390	3,375,976	4,042,369
Ending balances: Loans
Individually evaluated for impairment	33,018	29,675	33,018	29,675	27,215
Collectively evaluated for impairment	4,095,609	3,330,263	4,095,609	3,330,263	3,992,975
Purchased credit impaired	20,832	16,846	20,832	16,846	23,165
Commercial, financial, and agricultural [Member]
Beginning balance	2,536	3,792	3,111	3,829	3,829
Charge-offs	(370)	(814)	(609)	(1,204)	(1,622)
Recoveries	313	220	812	518	1,311
Provisions	(211)	232	(1,046)	287	(407)
Ending balance	2,268	3,430	2,268	3,430	3,111
Ending balances: Allowance for loan losses
Individually evaluated for impairment	277	8	277	8	215
Collectively evaluated for impairment	1,991	3,422	1,991	3,422	2,896
Purchased credit impaired
Loans receivable:
Ending balance - total	417,366	383,834	417,366	383,834	381,130
Ending balances: Loans
Individually evaluated for impairment	3,208	235	3,208	235	579
Collectively evaluated for impairment	413,889	383,330	413,889	383,330	379,903
Purchased credit impaired	269	269	269	269	648
Real estate - construction, land development & other land loans [Member]
Beginning balance	2,317	2,764	2,816	2,691	2,691
Charge-offs	(30)	(92)	(32)	(269)	(589)
Recoveries	341	981	3,387	1,471	2,579
Provisions	64	(977)	(3,479)	(1,217)	(1,865)
Ending balance	2,692	2,676	2,692	2,676	2,816
Ending balances: Allowance for loan losses
Individually evaluated for impairment	302	182	302	182	18
Collectively evaluated for impairment	2,390	2,494	2,390	2,494	2,798
Purchased credit impaired
Loans receivable:
Ending balance - total	600,031	446,661	600,031	446,661	539,020
Ending balances: Loans
Individually evaluated for impairment	3,549	3,250	3,549	3,250	2,975
Collectively evaluated for impairment	596,157	442,956	596,157	442,956	535,638
Purchased credit impaired	325	455	325	455	407
Real estate mortgage residential (1-4 family) first mortgages [Member]
Beginning balance	5,892	7,376	6,147	7,704	7,704
Charge-offs	(172)	(353)	(415)	(1,247)	(2,641)
Recoveries	371	440	516	636	1,076
Provisions	968	(378)	811	(8)	8
Ending balance	7,059	7,085	7,059	7,085	6,147
Ending balances: Allowance for loan losses
Individually evaluated for impairment	2,756	1,304	2,756	1,304	1,099
Collectively evaluated for impairment	4,133	5,781	4,133	5,781	4,831
Purchased credit impaired	170		170		217
Loans receivable:
Ending balance - total	1,000,189	783,759	1,000,189	783,759	972,772
Ending balances: Loans
Individually evaluated for impairment	15,247	17,083	15,247	17,083	14,800
Collectively evaluated for impairment	977,549	763,224	977,549	763,224	949,113
Purchased credit impaired	7,393	3,452	7,393	3,452	8,859
Real estate mortgage home equity loans / lines of credit [Member]
Beginning balance	2,266	2,138	1,827	2,420	2,420
Charge-offs	(10)	(347)	(186)	(578)	(978)
Recoveries	90	65	243	130	333
Provisions	(96)	201	366	85	52
Ending balance	2,250	2,057	2,250	2,057	1,827
Ending balances: Allowance for loan losses
Individually evaluated for impairment	415		415
Collectively evaluated for impairment	1,794	2,057	1,794	2,057	1,788
Purchased credit impaired	41		41		39
Loans receivable:
Ending balance - total	369,875	320,953	369,875	320,953	379,978
Ending balances: Loans
Individually evaluated for impairment	671	54	671	54	368
Collectively evaluated for impairment	368,831	320,174	368,831	320,174	379,327
Purchased credit impaired	373	725	373	725	283
Real estate - mortgage - commercial and other [Member]
Beginning balance	5,991	5,979	6,475	5,098	5,098
Charge-offs	(271)	(88)	(312)	(414)	(1,182)
Recoveries	542	555	1,124	698	1,027
Provisions	1,033	(293)	8	771	1,532
Ending balance	7,295	6,153	7,295	6,153	6,475
Ending balances: Allowance for loan losses
Individually evaluated for impairment	1,231	424	1,231	424	232
Collectively evaluated for impairment	6,052	5,729	6,052	5,729	6,226
Purchased credit impaired	12		12		17
Loans receivable:
Ending balance - total	1,690,175	1,384,569	1,690,175	1,384,569	1,696,107
Ending balances: Loans
Individually evaluated for impairment	10,333	9,053	10,333	9,053	8,493
Collectively evaluated for impairment	1,667,700	1,363,629	1,667,700	1,363,629	1,675,102
Purchased credit impaired	12,142	11,887	12,142	11,887	12,512
Installment loans to individuals [Member]
Beginning balance	844	1,067	950	1,145	1,145
Charge-offs	(144)	(172)	(262)	(359)	(799)
Recoveries	50	84	103	139	279
Provisions	147	95	106	149	325
Ending balance	897	1,074	897	1,074	950
Ending balances: Allowance for loan losses
Individually evaluated for impairment	6		6
Collectively evaluated for impairment	891	1,074	891	1,074	950
Purchased credit impaired
Loans receivable:
Ending balance - total	71,823	57,008	71,823	57,008	74,348
Ending balances: Loans
Individually evaluated for impairment	10		10
Collectively evaluated for impairment	71,483	56,950	71,483	56,950	73,892
Purchased credit impaired	330	58	330	58	456
Unallocated [Member]
Beginning balance	3,452	430	1,972	894	894
Charge-offs
Recoveries
Provisions	(2,615)	1,120	(1,135)	656	1,078
Ending balance	837	1,550	837	1,550	1,972
Ending balances: Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	837	1,550	837	1,550	1,972
Purchased credit impaired
Loans receivable:
Ending balance - total
Ending balances: Loans
Individually evaluated for impairment
Collectively evaluated for impairment
Purchased credit impaired

Loans and Asset Quality Infor54

Loans and Asset Quality Information (Schedule of Impaired Loans) (Details) - All Total Loans [Member] - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Loans with no related allowance recorded:
Impaired loans with no related allowance - Recorded Investment	$ 13,509	$ 11,565
Impaired loans with no related allowance - Unpaid Principal Balance	14,850	13,802
Impaired loans with no related allowance - Average Recorded Investment	12,293	13,461
Loans with an allowance recorded:
Impaired loans with allowance - Recorded Investment	19,509	15,650
Impaired loans with allowance - Unpaid Principal Balance	20,511	15,893
Impaired loans with related allowance - Related Allowance	4,987	1,564
Impaired loans with related allowance - Average Recorded Investment	16,633	16,229
Commercial, financial, and agricultural [Member]
Loans with no related allowance recorded:
Impaired loans with no related allowance - Recorded Investment	2,530	183
Impaired loans with no related allowance - Unpaid Principal Balance	2,580	425
Impaired loans with no related allowance - Average Recorded Investment	928	276
Loans with an allowance recorded:
Impaired loans with allowance - Recorded Investment	678	396
Impaired loans with allowance - Unpaid Principal Balance	708	396
Impaired loans with related allowance - Related Allowance	277	215
Impaired loans with related allowance - Average Recorded Investment	479	214
Real estate - construction, land development & other land loans [Member]
Loans with no related allowance recorded:
Impaired loans with no related allowance - Recorded Investment	2,948	2,743
Impaired loans with no related allowance - Unpaid Principal Balance	3,429	3,941
Impaired loans with no related allowance - Average Recorded Investment	2,901	2,846
Loans with an allowance recorded:
Impaired loans with allowance - Recorded Investment	601	232
Impaired loans with allowance - Unpaid Principal Balance	723	241
Impaired loans with related allowance - Related Allowance	302	18
Impaired loans with related allowance - Average Recorded Investment	355	503
Real estate - mortgage - residential (1-4 family) first mortgages [Member]
Loans with no related allowance recorded:
Impaired loans with no related allowance - Recorded Investment	4,514	5,205
Impaired loans with no related allowance - Unpaid Principal Balance	5,118	5,728
Impaired loans with no related allowance - Average Recorded Investment	4,885	7,067
Loans with an allowance recorded:
Impaired loans with allowance - Recorded Investment	10,733	9,595
Impaired loans with allowance - Unpaid Principal Balance	11,347	9,829
Impaired loans with related allowance - Related Allowance	2,756	1,099
Impaired loans with related allowance - Average Recorded Investment	9,724	10,077
Real estate - mortgage - home equity loans / lines of credit [Member]
Loans with no related allowance recorded:
Impaired loans with no related allowance - Recorded Investment	23	368
Impaired loans with no related allowance - Unpaid Principal Balance	35	387
Impaired loans with no related allowance - Average Recorded Investment	138	129
Loans with an allowance recorded:
Impaired loans with allowance - Recorded Investment	648
Impaired loans with allowance - Unpaid Principal Balance	776
Impaired loans with related allowance - Related Allowance	415
Impaired loans with related allowance - Average Recorded Investment	216	66
Real estate - mortgage - commercial and other [Member]
Loans with no related allowance recorded:
Impaired loans with no related allowance - Recorded Investment	3,494	3,066
Impaired loans with no related allowance - Unpaid Principal Balance	3,685	3,321
Impaired loans with no related allowance - Average Recorded Investment	3,441	3,143
Loans with an allowance recorded:
Impaired loans with allowance - Recorded Investment	6,839	5,427
Impaired loans with allowance - Unpaid Principal Balance	6,942	5,427
Impaired loans with related allowance - Related Allowance	1,231	232
Impaired loans with related allowance - Average Recorded Investment	5,856	5,369
Installment loans to individuals [Member]
Loans with no related allowance recorded:
Impaired loans with no related allowance - Recorded Investment
Impaired loans with no related allowance - Unpaid Principal Balance	3
Impaired loans with no related allowance - Average Recorded Investment
Loans with an allowance recorded:
Impaired loans with allowance - Recorded Investment	10
Impaired loans with allowance - Unpaid Principal Balance	15
Impaired loans with related allowance - Related Allowance	6
Impaired loans with related allowance - Average Recorded Investment	$ 3

Loans and Asset Quality Infor55

Loans and Asset Quality Information (Schedule of Recorded Investment in Loans by Credit Quality Indicators) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Recorded investment in loans by credit quality indicators:
Total	$ 4,149,459	$ 4,043,355
Unamortized net deferred loan costs	(69)	(986)	$ (808)
Total loans	4,149,390	4,042,369	$ 3,375,976
Pass [Member]
Recorded investment in loans by credit quality indicators:
Total	4,021,169	3,891,038
Special Mention Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	48,579	72,915
Classified Accruing Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	54,217	58,434
Classified Nonaccrual Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	25,494	20,968
Commercial, financial, and agricultural [Member]
Recorded investment in loans by credit quality indicators:
Total	417,097	380,482
Commercial, financial, and agricultural [Member] | Pass [Member]
Recorded investment in loans by credit quality indicators:
Total	410,434	368,658
Commercial, financial, and agricultural [Member] | Special Mention Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	2,322	9,901
Commercial, financial, and agricultural [Member] | Classified Accruing Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	934	922
Commercial, financial, and agricultural [Member] | Classified Nonaccrual Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	3,407	1,001
Real estate construction, land development & other land loans [Member]
Recorded investment in loans by credit quality indicators:
Total	599,706	538,613
Real estate construction, land development & other land loans [Member] | Pass [Member]
Recorded investment in loans by credit quality indicators:
Total	586,310	523,642
Real estate construction, land development & other land loans [Member] | Special Mention Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	6,812	7,129
Real estate construction, land development & other land loans [Member] | Classified Accruing Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	5,210	6,020
Real estate construction, land development & other land loans [Member] | Classified Nonaccrual Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	1,374	1,822
Real estate - mortgage - residential (1-4 family) first mortgages [Member]
Recorded investment in loans by credit quality indicators:
Total	992,796	963,913
Real estate - mortgage - residential (1-4 family) first mortgages [Member] | Pass [Member]
Recorded investment in loans by credit quality indicators:
Total	941,399	905,111
Real estate - mortgage - residential (1-4 family) first mortgages [Member] | Special Mention Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	13,829	16,235
Real estate - mortgage - residential (1-4 family) first mortgages [Member] | Classified Accruing Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	26,055	30,366
Real estate - mortgage - residential (1-4 family) first mortgages [Member] | Classified Nonaccrual Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	11,513	12,201
Real estate mortgage home equity loans / lines of credit [Member]
Recorded investment in loans by credit quality indicators:
Total	369,502	379,695
Real estate mortgage home equity loans / lines of credit [Member] | Pass [Member]
Recorded investment in loans by credit quality indicators:
Total	357,507	365,982
Real estate mortgage home equity loans / lines of credit [Member] | Special Mention Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	1,698	3,784
Real estate mortgage home equity loans / lines of credit [Member] | Classified Accruing Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	8,532	7,405
Real estate mortgage home equity loans / lines of credit [Member] | Classified Nonaccrual Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	1,765	2,524
Real estate mortgage commercial and other [Member]
Recorded investment in loans by credit quality indicators:
Total	1,678,033	1,683,595
Real estate mortgage commercial and other [Member] | Pass [Member]
Recorded investment in loans by credit quality indicators:
Total	1,648,367	1,647,725
Real estate mortgage commercial and other [Member] | Special Mention Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	16,644	23,355
Real estate mortgage commercial and other [Member] | Classified Accruing Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	5,730	9,190
Real estate mortgage commercial and other [Member] | Classified Nonaccrual Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	7,292	3,345
Installment loans to individuals [Member]
Recorded investment in loans by credit quality indicators:
Total	71,493	73,892
Installment loans to individuals [Member] | Pass [Member]
Recorded investment in loans by credit quality indicators:
Total	70,776	73,379
Installment loans to individuals [Member] | Special Mention Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	215	222
Installment loans to individuals [Member] | Classified Accruing Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	359	216
Installment loans to individuals [Member] | Classified Nonaccrual Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	143	75
Purchased credit impaired [Member]
Recorded investment in loans by credit quality indicators:
Total	20,832	23,165
Purchased credit impaired [Member] | Pass [Member]
Recorded investment in loans by credit quality indicators:
Total	6,376	6,541
Purchased credit impaired [Member] | Special Mention Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	7,059	12,309
Purchased credit impaired [Member] | Classified Accruing Loans [Member]
Recorded investment in loans by credit quality indicators:
Total	7,397	4,315
Purchased credit impaired [Member] | Classified Nonaccrual Loans [Member]
Recorded investment in loans by credit quality indicators:
Total

Loans and Asset Quality Infor56

Loans and Asset Quality Information (Schedule of Information of Loans Modified in Troubled Debt Restructuring) (Details) - All Total Loans [Member] $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)
Information related to loans modified in a troubled debt restructuring:
Number of contracts, TDRs	1	6	4	8
Pre-Modification Restructured Balances, TDRs	$ 18	$ 1,285	$ 333	$ 3,835
Post-Modification Restructured Balances, TDRs	$ 18	$ 1,272	$ 343	$ 3,797
Commercial, financial, and agricultural [Member]
Information related to loans modified in a troubled debt restructuring:
Number of contracts, TDRs Accruing
Pre-Modification Restructured Balances, TDRs - Accruing
Post-Modification Restructured Balances, TDRs - Accruing
Number of contracts, TDRs Nonaccrual		1		1
Pre-Modification Restructured Balances, TDRs Nonaccrual		$ 38		$ 38
Post-Modification Restructured Balances, TDRs Nonaccrual		$ 25		$ 25
Real estate - construction, land development & other land loans [Member]
Information related to loans modified in a troubled debt restructuring:
Number of contracts, TDRs Accruing
Pre-Modification Restructured Balances, TDRs - Accruing
Post-Modification Restructured Balances, TDRs - Accruing
Number of contracts, TDRs Nonaccrual		1	1	1
Pre-Modification Restructured Balances, TDRs Nonaccrual		$ 32	$ 61	$ 32
Post-Modification Restructured Balances, TDRs Nonaccrual		$ 32	$ 61	$ 32
Real estate - mortgage - residential (1-4 family) first mortgages [Member]
Information related to loans modified in a troubled debt restructuring:
Number of contracts, TDRs Accruing	1		1
Pre-Modification Restructured Balances, TDRs - Accruing	$ 18		$ 18
Post-Modification Restructured Balances, TDRs - Accruing	$ 18		$ 18
Number of contracts, TDRs Nonaccrual		1	2	1
Pre-Modification Restructured Balances, TDRs Nonaccrual		$ 215	$ 254	$ 215
Post-Modification Restructured Balances, TDRs Nonaccrual		$ 215	$ 264	$ 215
Real estate - mortgage - home equity loans / lines of credit [Member]
Information related to loans modified in a troubled debt restructuring:
Number of contracts, TDRs Accruing
Pre-Modification Restructured Balances, TDRs - Accruing
Post-Modification Restructured Balances, TDRs - Accruing
Number of contracts, TDRs Nonaccrual
Pre-Modification Restructured Balances, TDRs Nonaccrual
Post-Modification Restructured Balances, TDRs Nonaccrual
Real estate - mortgage - commercial and other [Member]
Information related to loans modified in a troubled debt restructuring:
Number of contracts, TDRs Accruing		3		5
Pre-Modification Restructured Balances, TDRs - Accruing		$ 1,000		$ 3,550
Post-Modification Restructured Balances, TDRs - Accruing		$ 1,000		$ 3,525
Number of contracts, TDRs Nonaccrual
Pre-Modification Restructured Balances, TDRs Nonaccrual
Post-Modification Restructured Balances, TDRs Nonaccrual
Installment loans to individuals [Member]
Information related to loans modified in a troubled debt restructuring:
Number of contracts, TDRs Accruing
Pre-Modification Restructured Balances, TDRs - Accruing
Post-Modification Restructured Balances, TDRs - Accruing
Number of contracts, TDRs Nonaccrual
Pre-Modification Restructured Balances, TDRs Nonaccrual
Post-Modification Restructured Balances, TDRs Nonaccrual

Loans and Asset Quality Infor57

Loans and Asset Quality Information (Schedule of Accruing Restructured Loans Defaulted in Period) (Details) - All Total Loans [Member] $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)
Accruing TDRs that subsequently defaulted
Number of Contracts - Subsequently defaulted	3	1	4	2
Recorded Investment - Subsequently defaulted	$ 823	$ 254	$ 1,393	$ 880
Real estate - mortgage - commercial and other [Member]
Accruing TDRs that subsequently defaulted
Number of Contracts - Subsequently defaulted	2		3
Recorded Investment - Subsequently defaulted	$ 763		$ 1,333
Real estate - mortgage - residential (1-4 family) first mortgages [Member]
Accruing TDRs that subsequently defaulted
Number of Contracts - Subsequently defaulted	1	1	1	2
Recorded Investment - Subsequently defaulted	$ 60	$ 254	$ 60	$ 880

Deferred Loan (Fees) Costs (Det

Deferred Loan (Fees) Costs (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Deferred Loan Costs [Abstract]
Net deferred loan costs	$ (69)	$ (986)	$ (808)

Goodwill and Other Intangible59

Goodwill and Other Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	Oct. 01, 2017	Sep. 01, 2017	Mar. 03, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Amortization expense of intangible assets				$ 1,745	$ 1,031	$ 3,417	$ 1,607
Goodwill acquired		$ 5,330
Other amortizable intangible assets		271
Net increase in goodwill	$ 88,235		$ 65,072
Intangible asset	$ 9,880		$ 8,790
Additional amortization expense of servicing assets						351	66
Servicing assets						$ 1,972	$ 513
Customer Lists [Member]
Intangible assets acquired		$ 3,644

Goodwill and Other Intangible60

Goodwill and Other Intangible Assets (Summary of the Gross Carrying Amount and Accumulated Amortization of Intangible Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Amortizable intangible assets:
Gross Carrying Amount	$ 39,922	$ 37,790	$ 22,849
Accumulated Amortization	16,770	13,353	10,717
Unamortizable intangible assets:
Goodwill	232,458	233,070	139,124
Customer Lists [Member]
Amortizable intangible assets:
Gross Carrying Amount	6,013	6,013	2,369
Accumulated Amortization	1,322	1,090	866
Core Deposit Intangible [Member]
Amortizable intangible assets:
Gross Carrying Amount	28,440	28,280	18,520
Accumulated Amortization	14,078	11,475	9,404
SBA servicing asset [Member]
Amortizable intangible assets:
Gross Carrying Amount	4,166	2,194	928
Accumulated Amortization	558	207	66
Other Intangible Assets [Member]
Amortizable intangible assets:
Gross Carrying Amount	1,303	1,303	1,032
Accumulated Amortization	$ 812	$ 581	$ 381

Goodwill and Other Intangible61

Goodwill and Other Intangible Assets (Schedule of the Estimated Amortization Expense) (Details) $ in Thousands	Jun. 30, 2018USD ($)
The estimated amortization expense for five succeeding years:
July 1 to December 31, 2018	$ 3,164
2,019	5,440
2,020	4,370
2,021	3,288
2,022	2,312
Thereafter	4,578
Total	$ 23,152

Pension Plans (Narrative) (Deta

Pension Plans (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Retirement Benefits [Abstract]
Net periodic pension cost (income)	$ (93)	$ (241)	$ 272	$ (403)

Pension Plans (Details)

Pension Plans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Service cost - benefits earned during the period	$ 33	$ 32	$ 62	$ 59
Interest cost	379	403	766	838
Expected return on plan assets	(556)	(730)	(659)	(1,405)
Amortization of net (gain)/loss	51	54	103	105
Net periodic pension (income)/cost	(93)	(241)	272	(403)
Pension Plan [Member]
Service cost - benefits earned during the period
Interest cost	326	350	656	725
Expected return on plan assets	(556)	(730)	(659)	(1,405)
Amortization of net (gain)/loss	59	62	119	122
Net periodic pension (income)/cost	(171)	(318)	116	(558)
SERP [Member]
Service cost - benefits earned during the period	33	32	62	59
Interest cost	53	53	110	113
Expected return on plan assets
Amortization of net (gain)/loss	(8)	(8)	(16)	(17)
Net periodic pension (income)/cost	$ 78	$ 77	$ 156	$ 155

Comprehensive Income (Loss) (Sc

Comprehensive Income (Loss) (Schedule of Components of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017	Dec. 31, 2016
The components of accumulated other comprehensive income (loss):
Total accumulated other comprehensive income (loss)	$ (11,195)	$ (4,146)	$ (2,932)	$ (5,107)
Unrealized gain (loss) on securities available for sale [Member]
The components of accumulated other comprehensive income (loss):
Total accumulated other comprehensive income (loss)	(11,513)	(2,211)	252
Deferred tax asset (liability)	2,691	517	(93)
Total accumulated other comprehensive income (loss)	(8,822)	(1,694)	159	(1,947)
Additional pension asset (liability) [Member]
The components of accumulated other comprehensive income (loss):
Total accumulated other comprehensive income (loss)	(3,097)	(3,200)	(4,907)
Deferred tax asset (liability)	724	748	1,816
Total accumulated other comprehensive income (loss)	$ (2,373)	$ (2,452)	$ (3,091)	$ (3,160)

Comprehensive Income (Loss) (65

Comprehensive Income (Loss) (Schedule of Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Accumulated other comprehensive income (loss), beginning balance	$ (4,146)	$ (5,107)
Other comprehensive income (loss) before reclassifications	(7,128)	1,958
Amounts reclassified from accumulated other comprehensive income	79	217
Net current-period other comprehensive income (loss)	(7,049)	2,175
Accumulated other comprehensive income (loss), ending balance	(11,195)	(2,932)
Unrealized gain (loss) on securities available for sale [Member]
Accumulated other comprehensive income (loss), beginning balance	(1,694)	(1,947)
Other comprehensive income (loss) before reclassifications	(7,128)	1,958
Amounts reclassified from accumulated other comprehensive income		148
Net current-period other comprehensive income (loss)	(7,128)	2,106
Accumulated other comprehensive income (loss), ending balance	(8,822)	159
Additional pension asset (liability) [Member]
Accumulated other comprehensive income (loss), beginning balance	(2,452)	(3,160)
Other comprehensive income (loss) before reclassifications
Amounts reclassified from accumulated other comprehensive income	79	69
Net current-period other comprehensive income (loss)	79	69
Accumulated other comprehensive income (loss), ending balance	$ (2,373)	$ (3,091)

Fair Value (Narrative) (Details

Fair Value (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Fair Value [Abstract]
Increase in fair value of securities available for sale	$ (9,302)	$ 3,102
Tax expense of increase in fair value of securities available for sale	$ 2,174	$ (1,144)

Fair Value (Financial instrumen

Fair Value (Financial instruments Measured at Fair Value) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Securities available for sale:
Total available for sale securities	$ 334,068	$ 343,270	$ 207,496
Impaired loans and foreclosed real estate:
Foreclosed real estate	8,296	12,571	$ 11,196
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Securities available for sale:
Total available for sale securities	334,068	343,270
Recurring [Member] | Quoted Prices in Markets for Identical Assets (Level 1) [Member]
Securities available for sale:
Government-sponsored enterprise securities
Mortgage-backed securities
Corporate bonds
Total available for sale securities
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Securities available for sale:
Government-sponsored enterprise securities	18,537	13,867
Mortgage-backed securities	282,287	295,213
Corporate bonds	33,244	34,190
Total available for sale securities	334,068	343,270
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Securities available for sale:
Government-sponsored enterprise securities
Mortgage-backed securities
Corporate bonds
Total available for sale securities
Recurring [Member] | Fair Value [Member]
Securities available for sale:
Government-sponsored enterprise securities	18,537	13,867
Mortgage-backed securities	282,287	295,213
Corporate bonds	33,244	34,190
Total available for sale securities	334,068	343,270
Nonrecurring [Member] | Quoted Prices in Markets for Identical Assets (Level 1) [Member]
Impaired loans and foreclosed real estate:
Impaired loans
Foreclosed real estate
Nonrecurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Impaired loans and foreclosed real estate:
Impaired loans
Foreclosed real estate
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Impaired loans and foreclosed real estate:
Impaired loans	14,586	14,086
Foreclosed real estate	8,296	12,571
Nonrecurring [Member] | Fair Value [Member]
Impaired loans and foreclosed real estate:
Impaired loans	14,586	14,086
Foreclosed real estate	$ 8,296	$ 12,571

Fair Value (Level 3 assets and

Fair Value (Level 3 assets and liabilities measured at fair value) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Impaired loans	$ 14,586	$ 14,086
Foreclosed real estate	$ 8,296	$ 12,571	$ 11,196
Impaired Loans [Member]
Valuation technique	Appraised value; PV of expected cash flows	Appraised value; PV of expected cash flows
Significant unobservable inputs	Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell	Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell
General range of significant input values, minimum	0.00%	0.00%
General range of significant input values, maximum	10.00%	10.00%
Foreclosed Real Estate [Member]
Valuation technique	Appraised value; List or contract price	Appraised value; List or contract price
Significant unobservable inputs	Discounts to reflect current market conditions, abbreviated holding period and estimated costs to sell	Discounts to reflect current market conditions and estimated costs to sell
General range of significant input values, minimum	0.00%	0.00%
General range of significant input values, maximum	10.00%	10.00%

Fair Value (Schedule of Carryin

Fair Value (Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Carrying amounts and estimated fair values of financial instruments:
Cash and due from banks, noninterest-bearing	$ 97,163	$ 114,301	$ 80,234
Due from banks, interest-bearing	462,972	375,189	337,326
Securities available for sale	334,068	343,270	207,496
Securities held to maturity	108,265	118,503	127,866
Total loans, net of allowance	4,126,092	4,019,071	3,351,951
Accrued interest receivable	13,930	14,094	10,830
Bank-owned life insurance	100,413	99,162	87,501
Accrued interest payable	1,651	1,235	$ 1,014
Carrying Amount [Member] | Quoted Prices in Markets for Identical Assets (Level 1) [Member]
Carrying amounts and estimated fair values of financial instruments:
Cash and due from banks, noninterest-bearing	97,163	114,301
Due from banks, interest-bearing	462,972	375,189
Presold mortgages in process of settlement	9,311	12,459
Accrued interest receivable	13,930	14,094
Bank-owned life insurance	100,413	99,162
Carrying Amount [Member] | Significant Other Observable Inputs (Level 2) [Member]
Carrying amounts and estimated fair values of financial instruments:
Securities available for sale	334,068	343,270
Securities held to maturity	108,265	118,503
Deposits	4,553,621	4,406,955
Borrowings	407,076	407,543
Accrued interest payable	1,651	1,235
Carrying Amount [Member] | Significant Unobservable Inputs (Level 3) [Member]
Carrying amounts and estimated fair values of financial instruments:
Total loans, net of allowance	4,126,092	4,019,071
Fair Value [Member] | Quoted Prices in Markets for Identical Assets (Level 1) [Member]
Carrying amounts and estimated fair values of financial instruments:
Cash and due from banks, noninterest-bearing	97,163	114,301
Due from banks, interest-bearing	462,972	375,189
Presold mortgages in process of settlement	9,311	12,459
Accrued interest receivable	13,930	14,094
Bank-owned life insurance	100,413	99,162
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Carrying amounts and estimated fair values of financial instruments:
Securities available for sale	334,068	343,270
Securities held to maturity	107,068	118,998
Deposits	4,547,235	4,401,757
Borrowings	398,113	397,903
Accrued interest payable	1,651	1,235
Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Carrying amounts and estimated fair values of financial instruments:
Total loans, net of allowance	$ 4,084,898	$ 4,010,551

Revenue from Contracts with C70

Revenue from Contracts with Customers (Schedule of Noninterest Income) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018		Jun. 30, 2017
Service charges on deposit accounts:
Service charges on deposit accounts:				$ 6,385		$ 5,580
Other service charges, commissions, and fees:
Interchange income				6,543		4,697
Other fees				2,967		2,030
Fees from presold mortgage loans	[1]			1,655		2,279
Commissions from sales of insurance and financial products:
Insurance income				2,903		858
Wealth management income				1,156		1,020
SBA consulting fees		$ 1,126	$ 1,050	2,267		2,310
SBA loan sale gains	[1]			6,400		1,549
Bank-owned life insurance income		628	580	1,251	[1]	1,088	[1]
Foreclosed property gains (losses), net				(387)		(223)
Securities gains (losses), net	[1]					(235)
Other gains (losses), net	[1]			912		731
Total noninterest income		$ 16,111	$ 11,875	$ 32,052		$ 21,684
[1]	Not within the scope of ASC 606.