First Community Bankshares (FCBC) 10-K 4 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 24, 2016	Jun. 30, 2015
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	FCBC
Entity Registrant Name	FIRST COMMUNITY BANCSHARES INC /NV/
Entity Central Index Key	859,070
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		17,820,090
Entity Public Float			$ 259,620,000

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 37,383	$ 39,450
Federal funds sold	13,498	196,873
Interest-bearing deposits in banks	906	1,337
Total cash and cash equivalents	51,787	237,660
Securities available for sale	366,173	326,117
Securities held to maturity	72,541	57,948
Loans held for sale		1,792
Loans held for investment, net of unearned income:
Covered under loss share agreements	83,035	122,240
Not covered under loss share agreements	1,623,506	1,567,176
Less allowance for loan losses	(20,233)	(20,227)
Loans held for investment, net	1,686,308	1,669,189
FDIC indemnification asset	20,844	27,900
Premises and equipment, net	52,756	55,844
Other real estate owned:
Covered under loss share agreements	4,034	6,324
Not covered under loss share agreements	4,873	6,638
Interest receivable	6,007	6,315
Goodwill	100,486	100,722
Other intangible assets	5,243	6,421
Other assets	91,224	105,066
Total assets	2,462,276	2,607,936
Deposits:
Noninterest-bearing	451,511	417,729
Interest-bearing	1,421,748	1,583,030
Total deposits	1,873,259	2,000,759
Interest, taxes, and other liabilities	26,630	26,062
Securities sold under agreements to repurchase	138,614	121,742
FHLB borrowings	65,000	90,000
Other borrowings	15,756	17,999
Total Liabilities	2,119,259	2,256,562
Stockholders' equity
Common stock, $1 par value; 50,000,000 shares authorized; 21,381,779 and 20,499,683 shares issued at December 31, 2015 and 2014, respectively; 3,283,638 and 2,093,464 shares in treasury at December 31, 2015 and 2014, respectively	21,382	20,500
Additional paid-in capital	227,692	215,873
Retained earnings	155,647	141,206
Treasury stock, at cost	(56,457)	(35,751)
Accumulated other comprehensive loss	(5,247)	(5,605)
Total stockholders' equity	343,017	351,374
Total Liabilities and Stockholders' Equity	$ 2,462,276	2,607,936
Designated Par Value
Stockholders' equity
Preferred stock		$ 15,151

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	21,381,779	20,499,683
Treasury stock, shares	3,283,638	2,093,464
Undesignated Par Value
Preferred stock
Preferred stock, shares authorized	1,000,000	1,000,000
Designated Par Value
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	25,000	25,000
Preferred stock, shares outstanding	0	15,151

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Interest Income
Interest and fees on loans held for investment	$ 87,632	$ 95,492	$ 96,600
Interest on securities - taxable	4,225	5,975	7,875
Interest on securities - nontaxable	3,978	4,350	4,790
Interest on deposits in banks	267	291	211
Total interest income	96,102	106,108	109,476
Interest Expense
Interest on deposits	5,878	7,308	8,823
Interest on short-term borrowings	1,952	2,024	2,222
Interest on long-term debt	3,519	5,958	6,789
Total interest expense	11,349	15,290	17,834
Net interest income	84,753	90,818	91,642
Provision for loan losses	2,191	145	8,208
Net interest income after provision for loan losses	82,562	90,673	83,434
Noninterest Income
Wealth management	2,975	3,030	3,412
Service charges on deposit accounts	13,717	13,828	13,558
Other service charges and fees	8,045	7,581	7,151
Insurance commissions	6,899	6,555	5,933
Impairment losses on securities		(737)	(320)
Portion of losses recognized in other comprehensive income	0	0	0
Net impairment losses recognized in earnings		(737)	(320)
Net gain (loss) on sale of securities	144	(1,385)	399
Net FDIC indemnification asset amortization	(6,379)	(3,979)	(5,597)
Net gain on branch divestiture		755
Other operating income	4,129	4,355	5,235
Total noninterest income	29,530	30,003	29,771
Noninterest Expense
Salaries and employee benefits	39,625	40,713	41,235
Occupancy expense of bank premises	5,817	6,338	7,033
Furniture and equipment	5,199	4,952	4,966
Amortization of intangible assets	1,118	787	729
FDIC premiums and assessments	1,513	1,672	1,717
FHLB debt prepayment fees	1,702	5,008
Merger, acquisition, and divestiture expense	86	1,150	57
Other operating expense	21,111	22,242	23,248
Total noninterest expense	76,171	82,862	78,985
Income before income taxes	35,921	37,814	34,220
Income tax expense	11,381	12,324	10,908
Net income	24,540	25,490	23,312
Dividends on preferred stock	105	910	1,024
Net income available to common shareholders	$ 24,435	$ 24,580	$ 22,288
Basic earnings per common share	$ 1.32	$ 1.34	$ 1.13
Diluted earnings per common share	1.31	1.31	1.11
Cash dividends per common share	$ 0.54	$ 0.50	$ 0.48
Weighted average basic shares outstanding	18,531,039	18,406,363	19,792,099
Weighted average diluted shares outstanding	18,727,464	19,483,054	20,961,800

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net income	$ 24,540	$ 25,490	$ 23,312
Other comprehensive income (loss), before tax: Available-for-sale securities:
Unrealized losses on securities available for sale with other-than-temporary impairment		(1)	(1,277)
Unrealized gains (losses) on securities available for sale without other-than-temporary impairment	755	12,914	(19,964)
Less: reclassification adjustment for (gains) losses realized in net income	(144)	1,385	(399)
Less: reclassification adjustment for credit related other-than-temporary impairments recognized in net income		737	320
Unrealized gains (losses) on available-for-sale securities	611	15,035	(21,320)
Employee benefit plans:
Net actuarial (loss) gain on pension and other postretirement benefit plans	(363)	(642)	758
Net prior service cost attributed to plan amendments			(380)
Less: reclassification adjustment for amortization of prior service cost and net actuarial loss included in net periodic benefit cost	326	260	327
Unrealized (losses) gains on employee benefit plans	(37)	(382)	705
Other comprehensive income (loss), before tax	574	14,653	(20,615)
Income tax (expense) benefit	(216)	(5,518)	7,700
Other comprehensive income (loss), net of tax	358	9,135	(12,915)
Total comprehensive income	$ 24,898	$ 34,625	$ 10,397

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Balance at Dec. 31, 2012	$ 356,323	$ 17,421	$ 20,343	$ 213,829	$ 113,013	$ (6,458)	$ (1,825)
Net income	23,312				23,312
Other comprehensive income , net of tax	(12,915)						(12,915)
Common dividends declared - $0.48 per share in 2013, $0.50 per share in 2014 and $0.54 per share in 2015	(9,475)				(9,475)
Preferred dividends declared - $60.00 per share in 2013, $60.00 per share in 2014 and $15.00 per share in 2015	(1,024)				(1,024)
Preferred stock converted to common stock - 149,730 shares in 2013, 6,900 shares in 2014 and 882,096 shares in 2015		(2,170)	150	2,020
Equity-based compensation expense	18			18
Common stock options exercised - 5,850 shares in 2013, 3,854 shares in 2014 and 4,323 shares in 2015	85			(21)		106
Restricted stock awards - 40,371 shares in 2013, 13,933 shares in 2014 and 23,057 shares in 2015	703			(183)		886
Purchase of treasury shares - 1,739,601 shares at $16.31 per share in 2013, 132,773 shares at $16.29 per share in 2014 and 1,238,299 shares at $17.35 per share in 2015	(28,421)					(28,421)
Balance at Dec. 31, 2013	328,606	15,251	20,493	215,663	125,826	(33,887)	(14,740)
Net income	25,490				25,490
Other comprehensive income , net of tax	9,135						9,135
Common dividends declared - $0.48 per share in 2013, $0.50 per share in 2014 and $0.54 per share in 2015	(9,200)				(9,200)
Preferred dividends declared - $60.00 per share in 2013, $60.00 per share in 2014 and $15.00 per share in 2015	(910)				(910)
Preferred stock converted to common stock - 149,730 shares in 2013, 6,900 shares in 2014 and 882,096 shares in 2015		(100)	7	93
Equity-based compensation expense	332			332
Common stock options exercised - 5,850 shares in 2013, 3,854 shares in 2014 and 4,323 shares in 2015	53			(13)		66
Restricted stock awards - 40,371 shares in 2013, 13,933 shares in 2014 and 23,057 shares in 2015	36			(202)		238
Purchase of treasury shares - 1,739,601 shares at $16.31 per share in 2013, 132,773 shares at $16.29 per share in 2014 and 1,238,299 shares at $17.35 per share in 2015	(2,168)					(2,168)
Balance at Dec. 31, 2014	351,374	15,151	20,500	215,873	141,206	(35,751)	(5,605)
Net income	24,540				24,540
Other comprehensive income , net of tax	358						358
Common dividends declared - $0.48 per share in 2013, $0.50 per share in 2014 and $0.54 per share in 2015	(9,994)				(9,994)
Preferred dividends declared - $60.00 per share in 2013, $60.00 per share in 2014 and $15.00 per share in 2015	(105)				(105)
Preferred stock converted to common stock - 149,730 shares in 2013, 6,900 shares in 2014 and 882,096 shares in 2015		(12,784)	882	11,902
Redemption of preferred stock - 2,367 shares	(2,367)	$ (2,367)
Equity-based compensation expense	110			110
Common stock options exercised - 5,850 shares in 2013, 3,854 shares in 2014 and 4,323 shares in 2015	63			(11)		74
Restricted stock awards - 40,371 shares in 2013, 13,933 shares in 2014 and 23,057 shares in 2015	200			(191)		391
Issuance of treasury stock to 401(k) plan - 20,745 shares	363			9		354
Purchase of treasury shares - 1,739,601 shares at $16.31 per share in 2013, 132,773 shares at $16.29 per share in 2014 and 1,238,299 shares at $17.35 per share in 2015	(21,525)					(21,525)
Balance at Dec. 31, 2015	$ 343,017		$ 21,382	$ 227,692	$ 155,647	$ (56,457)	$ (5,247)

CONSOLIDATED STATEMENTS OF CHA7

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Common dividends declared, per share	$ 0.54	$ 0.50	$ 0.48
Preferred dividends declared, per share	$ 15	$ 60	$ 60
Preferred stock converted to common stock, shares	882,096	6,900	149,730
Redemption of preferred stock, shares	2,367
Common stock options exercised, shares	4,323	3,854	5,850
Restricted stock awards shares	23,057	13,933	40,371
Issuance of treasury stock to 401(k) plan, shares	20,745
Purchase of treasury shares	1,238,299	132,773	1,739,601
Treasury stock shares acquired cost per share	$ 17.35	$ 16.29	$ 16.31

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating activities
Net income	$ 24,540	$ 25,490	$ 23,312
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	2,191	145	8,208
Depreciation and amortization of property, plant, and equipment	4,135	4,405	4,666
Amortization of premiums on investments, net	1,375	961	884
Amortization of FDIC indemnification asset, net	6,379	3,979	5,597
Amortization of intangible assets	1,118	787	729
Gain on acquisitions and divestitures, net		(755)
Gain on sale of loans	(501)	(671)	(1,211)
Equity-based compensation expense	110	332	18
Restricted stock awards	200	36	703
Issuance of treasury stock to 401(k) plan	363
Loss (gain) on sale of property, plant, and equipment, net	23	(113)	(158)
Loss on sales of other real estate	3,002	3,227	2,785
(Gain) loss on sale of securities	(144)	1,385	(399)
Net impairment losses recognized in earnings		737	320
FHLB debt prepayment fees	1,702	5,008
Proceeds from sale of mortgage loans	21,993	28,443	75,348
Origination of mortgage loans	(19,700)	(28,681)	(68,348)
Decrease in accrued interest receivable	308	1,206	321
Decrease (increase) in other operating activities	11,425	(4,232)	(8,257)
Net cash provided by operating activities	58,519	41,689	44,518
Investing activities
Proceeds from sale of securities available for sale	10,999	162,443	105,934
Proceeds from maturities, prepayments, and calls of securities available for sale	29,931	48,915	87,055
Proceeds from maturities and calls of securities held to maturity	190	190	250
Payments to acquire securities available for sale	(81,540)	(6,047)	(201,138)
Payments to acquire securities held to maturity	(15,003)	(57,675)
Originations of loans, net	(24,719)	(64,115)	(11,662)
Proceeds from the redemption of FHLB stock, net	1,279	4,349	470
Cash (paid) received in acquisitions and divestitures, net	(88)	178,604	(697)
Proceeds from the FDIC	2,683	4,770	14,311
Payments to acquire property, plant, and equipment, net	(1,239)	(1,098)	(2,292)
Proceeds from sale of other real estate	6,722	10,619	6,602
Net cash (used in) provided by investing activities	(70,785)	280,955	(1,167)
Financing activities
Increase (decrease) in noninterest-bearing deposits, net	33,782	68,246	(3,672)
Decrease in interest-bearing deposits, net	(161,282)	(121,912)	(75,761)
(Decrease) increase in federal funds purchased, net		(16,000)	16,000
Proceeds from (repayments of) securities sold under agreements to repurchase	16,872	3,432	(17,810)
Repayments of long-term debt	(28,945)	(63,097)	(11,594)
Redemption of preferred stock	(2,367)
Proceeds from stock options exercised	63	53	85
Excess tax benefit from equity-based compensation	8	5	9
Payments for repurchase of treasury stock	(21,525)	(2,168)	(28,421)
Payments of common dividends	(9,994)	(9,200)	(9,475)
Payments of preferred dividends	(219)	(910)	(992)
Net cash used in financing activities	(173,607)	(141,551)	(131,631)
Net (decrease) increase in cash and cash equivalents	(185,873)	181,093	(88,280)
Cash and cash equivalents at beginning of period	237,660	56,567	144,847
Cash and cash equivalents at end of period	51,787	237,660	56,567
Supplemental transactions - noncash items
Transfer of loans to other real estate	6,317	12,620	18,438
Loans originated to finance other real estate	649	671	3,196
Supplemental disclosure - cash flow information
Cash paid for interest	11,757	15,791	18,146
Cash paid for income taxes	$ 6,900	$ 12,552	$ 3,000

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies	Note 1. Summary of Significant Accounting Policies Nature of Operations First Community Bancshares, Inc. (the “Company”) is a financial holding company headquartered in Bluefield, Virginia that provides banking products and services to individuals and commercial customers through its wholly-owned subsidiary, First Community Bank (the “Bank”), a Virginia-chartered banking institution. The Bank operates 50 branches in 4 states under the trade names First Community Bank in Virginia, West Virginia, and North Carolina and People’s Community Bank, a Division of First Community Bank, in Tennessee. The Company offers personal and commercial insurance products and services from 9 locations through its wholly owned subsidiary Greenpoint Insurance Group, Inc. (“Greenpoint”), which is headquartered in High Point, North Carolina. Greenpoint operates under the Greenpoint name and under the trade name First Community Insurance Services (“FCIS”) in North Carolina, Carr & Hyde Insurance and FCIS in Virginia, and FCIS in West Virginia. The Bank offers wealth management services and investment advice through its Trust Division and wholly-owned subsidiary First Community Wealth Management (“FCWM”), a registered investment advisory firm. The Trust Division and FCWM managed $742 million in combined assets as of December 31, 2015. These assets are not assets of the Company, but are managed under various fee-based arrangements as fiduciary or agent. The Company reported consolidated assets of $2.46 billion as of December 31, 2015. Unless the context suggests otherwise, the term “Company” refers to First Community Bancshares, Inc. and its subsidiaries as a consolidated entity. The Company operates in one business segment, Community Banking, which consists of all operations, including commercial and consumer banking, lending activities, wealth management, and insurance services. Principles of Consolidation The accounting and reporting policies of the Company conform to generally accepted accounting principles (“GAAP”) in the United States and to predominant practices in the banking industry. The Company’s consolidated financial statements include the accounts of all wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Assets held in an agency or fiduciary capacity are not assets of the Company and are not included in the Company’s consolidated balance sheets. The Company has investments in certain entities that are considered variable interest entities (“VIEs”) under GAAP. These VIEs include the Company’s trust subsidiary, FCBI Capital Trust (the “Trust”); certain tax credit limited partnerships; and limited liability companies that provide aviation services, insurance brokerage, title insurance, and other related financial services. VIEs are legal entities in which the equity investors do not have sufficient equity at risk for the entity to independently finance its activities or the collective holders do not have the power through voting or similar rights to direct the activities of the entity that most significantly impact its economic performance, the obligation to absorb the expected losses of the entity, or the right to receive expected residual returns of the entity. Consolidation of a VIE is considered appropriate if a reporting entity is the primary beneficiary, the party that has both significant influence and control over the VIE. Management periodically performs a qualitative analysis to determine if the Company is the primary beneficiary of a VIE. This analysis includes review of the VIEs’ capital structures, contractual terms, and primary activities, including the Company’s ability to direct the activities of the VIEs and obligations to absorb losses, or the right to receive benefits, significant to the VIEs. Based on the Company’s analysis for the periods presented in this report, it is not the primary beneficiary of its VIEs. Since these entities do not meet the criteria for consolidation, they are reported in other assets in the Company’s consolidated balance sheets. The carrying value and maximum potential loss exposure of VIEs totaled $934 thousand as of December 31, 2015, and $1.26 million as of December 31, 2014. Use of Estimates In preparing consolidated financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. The Company has identified the items that require the most subjective assumptions or complex judgments: investment securities, the allowance for loan losses, the provision for income taxes, and business combination, including intangible assets. Reclassification Certain amounts reported in prior years have been reclassified to conform to the current year’s presentation. These reclassifications had no effect on the Company’s results of operations, financial position, or cash flow. Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks, time deposits with other banks, federal funds sold, and interest-bearing balances on deposit with the Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) that are available for immediate withdrawal. Investment Securities Management determines the proper classification of securities at the time of purchase. Debt securities that management has the intent and ability to hold to maturity are classified as held-to-maturity securities and carried at amortized cost. Securities not classified as held to maturity, including equity securities with readily determinable fair values, are classified as available-for-sale securities and carried at estimated fair value. Securities classified as available for sale consist of securities management intends to hold for indefinite periods of time, including securities to be used as part of the Company’s asset/liability management strategy and securities that may be sold in response to changes in interest rates, prepayment risk, or other similar factors. Unrealized appreciation or depreciation in fair value above or below amortized cost is included in stockholders’ equity, net of income taxes, under the category of accumulated other comprehensive income (“AOCI”). Gains or losses on the call, maturity, or sale of investment securities are recorded based on the specific identification method. Purchase premiums and discounts are amortized or accreted over the life of a security into interest income. The Company performs an extensive quarterly review to determine if impairment exists in the investment portfolio. If a security is deemed impaired, management evaluates the causes of unrealized losses to determine whether the impairment is temporary or other-than-temporary in nature. If a security is determined to be other-than-temporarily impaired, the value of the security is reduced and a corresponding charge to noninterest income is recognized. If the other-than-temporary impairment (“OTTI”) is related to a debt security, the Company determines the amount of the impairment related to the credit loss, which is recognized in noninterest income, and the amount related to all other factors, which is recognized in other comprehensive income. Loans Held for Sale Loans classified as held for sale are originated with the intent to sell in the secondary market. Loans held for sale consist primarily of one to four family residential loans and are carried at the lower of cost or estimated fair value as determined on an aggregate basis. These long-term, fixed rate loans are sold to investors on a best efforts basis; consequently, the Company does not absorb the interest rate risk involved in these loans. The fair value of loans held for sale is determined by quoted market prices for loans with similar coupon rates and terms. The Company may enter into interest rate lock commitments (“IRLCs”) with customers on mortgage loans intended to be sold in the secondary market and commitments to sell mortgages. These IRLCs and forward sale loan commitments are recorded at fair value in other assets and liabilities with any changes in fair value recognized in other income. These derivative instruments do not qualify as hedges. The fair value of IRLCs is determined by quoted market prices for loans with similar coupon rates and terms. The fair value of forward sale loan commitments is based on changes in the value of the commitment, principally because of changes in interest rates. Loans Held for Investment Loans classified as held for investment are originated with the intent to hold indefinitely, until maturity, or until pay-off. Loans held for investment are carried at the principal amount outstanding, net of unearned income, less any write-downs necessary to reduce individual loans to net realizable value. Loan origination fees, including loan commitment and underwriting fees, are reduced by direct costs associated with loan processing, including salaries, legal review, and appraisal fees. Net deferred loan fees are deferred and amortized over the life of the related loan or commitment period. The Company maintains an active and robust problem credit identification system through its ongoing credit review function. When a credit is identified as exhibiting characteristics of weakening, the Company assesses the credit for potential impairment. Loans are considered impaired when, in the opinion of management and based on current information and events, the collection of principal and interest payments due under the contractual terms of the loan agreements are uncertain. The Company reviews loans with balances of $250 thousand or greater that are deemed to be impaired quarterly. Factors considered in determining impairment include, but are not limited to, the borrower’s cash flow and capacity for debt repayment, the valuation of collateral, historical loss percentages, and economic conditions. Impairment allowances allocated to individual loans, including individual credit relationships and loan pools grouped by similar risk characteristics, are reviewed quarterly by management. Interest income realized on impaired loans in nonaccrual status, if any, is recognized upon receipt. The accrual of interest, which is typically based on the daily amount of principal outstanding, on impaired loans is generally continued unless the loan becomes delinquent 90 days or more. The Company also monitors and manages past due loans. Loans are considered past due when either principal or interest payments become contractually delinquent by 30 days or more. The Company’s policy is to discontinue the accrual of interest, if warranted, on loans based on the payment status, evaluation of the related collateral, and the financial strength of the borrower. Loans that are 90 days or more past due are placed on nonaccrual status. Management may elect to continue the accrual of interest when the loan is well secured and in process of collection. When interest accruals are discontinued, interest accrued and not collected in the current year is reversed from income, and interest accrued and not collected from prior years is charged to the allowance for loan losses. Loans in nonaccrual status may be returned to accrual status provided the loan is brought current, all principal and interest amounts contractually due (including past due payments) are reasonably assured of repayment within a reasonable period, and there is a period of at least six months of repayment performance (one year for loans providing for quarterly or semi-annual payments) by the borrower in accordance with the contractual terms. Seriously delinquent loans are evaluated for loss mitigation options, including charge-off. Closed-end retail loans are generally charged off against the allowance for loan losses when the loans become 120 days past due. Open-end retail loans and residential real estate secured loans are generally charged off when the loans become 180 days past due. Unsecured loans are generally charged off when the loans become 90 days past due. All other loans are charged off against the allowance for loan losses after collection attempts have been exhausted, which generally is within 120 days. Recoveries of loans previously charged off are credited to the allowance for loan losses in the period received. Loans are considered troubled debt restructurings (“TDRs”) when the Company grants concessions, for legal or economic reasons, to borrowers experiencing financial difficulty that would not otherwise be considered. The Company generally makes concessions in interest rates, loan terms, and/or amortization terms. All TDRs $250 thousand or greater are evaluated for a specific reserve based on either the collateral or net present value method, whichever is most applicable. TDRs under $250 thousand are subject to the reserve calculation for classified loans based primarily on the historical loss rate. At the date of modification, nonaccrual loans are classified as nonaccrual TDRs. TDRs classified as nonperforming at the date of modification are returned to performing status after six months of satisfactory payment performance; however, these loans remain identified as impaired until full payment or other satisfaction of the obligation occurs. Allowance for Loan Losses The allowance for loan losses is maintained at a level management deems sufficient to absorb probable loan losses inherent in the loan portfolio. The allowance is increased by charges to earnings in the form of provisions and recoveries of prior loan charge-offs and decreased by loans charged off. The provision is calculated and charged to earnings to bring the allowance to a level that, through a systematic process of measurement, reflects the amount management estimates is needed to absorb probable losses in the portfolio. While management uses its best judgment and information available, the ultimate adequacy of the allowance is dependent upon a variety of factors beyond the Company’s control: the performance of the Company’s loan portfolio, the economy, changes in interest rates, the view of regulatory authorities towards loan classifications, and other factors. While management has allocated the allowance for loan losses to specific loans and general portfolio segments, the entire allowance is available for use against any type of loan loss deemed appropriate by management. Management performs quarterly assessments to determine the appropriate level of the allowance for loan losses. The Company’s allowance is segmented into commercial, consumer real estate, and consumer and other loans with each segment divided into classes with similar characteristics, such as the type of loan and collateral. The allowance for loan losses includes specific allocations to significant individual loans and credit relationships and general reserves to the remaining loans that have been deemed impaired. Loans not specifically identified are grouped into pools based on similar risk characteristics. A loan that becomes adversely classified or graded is moved into a group of adversely classified or graded loans with similar risk characteristics for evaluation. Management’s general reserve allocations are based on judgments of qualitative and quantitative factors about macro and micro economic conditions reflected in the loan portfolio and the economy. No allowance for loan losses is carried over or established at acquisition for purchased loans acquired in business combinations. A provision for loan losses is recorded for any credit deterioration in purchased performing loans after the acquisition date. Purchased credit impaired (“PCI”) loans are grouped into pools and evaluated separately from the non-PCI portfolio. The Company estimates cash flows to be collected on PCI loans and discounts those cash flows at a market rate of interest. If cash flows for PCI loans are expected to decline, generally a provision for loan losses is charged to earnings, resulting in an increase to the allowance for loan losses. If cash flows for PCI loans are expected to improve, any previously established allowance is first reversed to the extent of prior charges and then interest income is increased using prospective yield adjustment over the remaining life of the loan, or pool of loans. Any provision established for PCI loans covered under the Federal Deposit Insurance Corporation (“FDIC”) loss share agreements is offset by an adjustment to the FDIC indemnification asset to reflect the indemnified portion of the post-acquisition exposure. Other Real Estate Owned Other real estate owned (“OREO”) acquired through foreclosure, or other settlement, is carried at the lower of cost or fair value less estimated selling costs. The fair value is generally based on current third-party appraisals. When a property is transferred into OREO, any excess of the loan balance over the net realizable fair value is charged against the allowance for loan losses. Operating expenses, gains, and losses on the sale of OREO are included in other noninterest expense in the Company’s consolidated statements of income after any fair value write-downs are recorded as valuation adjustments. Business Combinations The Company may engage in business combinations with other companies. These transactions are accounted for using Topic 805 of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”), which requires the acquisition method of accounting. Under the acquisition method of accounting, all identifiable assets acquired, including purchased loans, and liabilities are recorded at fair value. Any excess of the purchase price over the fair value of net assets acquired is recorded as goodwill. In instances where the price of the acquired business is less than the net assets acquired, a gain on the purchase is recorded. Management makes significant estimates and judgments in accounting for business combinations. Fair values are assigned based on quoted prices for similar assets, if readily available, or appraisals by qualified independent parties for relevant asset and liability categories. Management must also make estimates for the useful or economic lives of certain acquired assets and liabilities. These lives are used in establishing the amortization and accretion of some intangible assets and liabilities, such as core deposits obtained in the acquisition of commercial banks. Fair values are subject to refinement for up to one year after the closing date of the acquisition as additional information about the closing date fair values becomes available. The results of operations of an acquired entity are included in the Company’s consolidated results of operations from the closing date of the merger. Purchased loans are recorded using the fair value methodology outlined in Topic 820 of the FASB ASC, exclusive of loss share agreements with the FDIC. The fair value estimates associated with loans include expected prepayments and the amount and timing of expected principal, interest, and other cash flows. No allowance for loan losses is recorded at acquisition for purchased loans because the fair values of the acquired loans incorporate credit risk assumptions. When purchased loans exhibit evidence of credit deterioration after the acquisition date, and it is probable at acquisition the Company will not collect all contractually required principal and interest payments, the loans are referred to as PCI loans. PCI loans are accounted for using Topic 310-30 of the FASB ASC, formerly the American Institute of Certified Public Accountants’ Statement of Position 03-3, “Accounting for Certain Loans or Debt Securities Acquired in a Transfer.” PCI loans are initially measured at fair value, which includes estimated future credit losses expected to be incurred over the life of the loans. Per the guidance, the Company aggregates PCI loans that have common risk characteristics into loan pools. The Company has established the following loan pools related to the acquisitions of Peoples Bank of Virginia (“Peoples”) and Waccamaw Bank (“Waccamaw’) for evaluation: Waccamaw commercial, Waccamaw lines of credit, Peoples commercial, Waccamaw serviced home equity lines, Waccamaw residential, Peoples residential, and Waccamaw consumer. Evidence of credit quality deterioration at acquisition may include measures such as nonaccrual status, credit scores, declines in collateral value, current loan to value percentages, and days past due. The Company considers expected prepayments and estimates the amount and timing of expected principal, interest, and other cash flows for each loan or pool of loans identified as credit impaired. If contractually required payments at acquisition exceed cash flows expected to be collected, the excess is the non-accretable difference, which is available to absorb credit losses on those loans or pools of loans. If the cash flows expected at acquisition exceed the estimated fair values, the excess is the accretable yield, which is recognized in interest income over the remaining lives of those loans or pools of loans when there is a reasonable expectation about the amount and timing of such cash flows. Purchased performing loans are accounted for using the contractual cash flow method of accounting, which results in these loans being recorded at fair value with a credit discount. The fair value discount is accreted as an adjustment to yield over the estimated contractual lives of the loans. Information about the accounting and valuation of the allowance for loan losses related to purchased loans, intangible assets, and receivables resulting from FDIC-assisted transactions is found in this note of the consolidated financial statements. Federal Deposit Insurance Corporation Indemnification Asset The FDIC indemnification asset represents the carrying amount of the right to receive payments from the FDIC for losses incurred on specified assets purchased from the FDIC that are covered by loss share agreements. The FDIC indemnification asset is measured separately from related covered assets because it is not contractually embedded in the assets or transferable should the assets be disposed. Under the acquisition method of accounting, the FDIC indemnification asset was recorded at fair value using projected cash flows based on expected reimbursements and applicable loss share percentages as outlined in the loss share agreements with the FDIC. The expected reimbursements did not include reimbursable amounts related to future covered expenditures. The cash flows were discounted to reflect the timing and receipt of reimbursements from the FDIC. The discount is accreted through noninterest income over future periods. The Company regularly reviews the fair value of the FDIC indemnification asset with input from a third-party provider. Post-acquisition adjustments to the indemnification asset are measured on the same basis as the underlying covered assets. Increases in the cash flows of covered loans reduce the FDIC indemnification asset balance, which is recognized as amortization through noninterest income over the shorter of the remaining life of the FDIC indemnification asset or the underlying loans. Decreases in the cash flows of covered loans increase the FDIC indemnification asset balance, which is recognized as accretion through noninterest income. The realization of the FDIC indemnification asset ultimately depends on the performance of the underlying covered assets, the passage of time, and claims paid by the FDIC; therefore, the amount the Company realizes could differ materially from the carrying value. Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are computed by the straight-line method over the estimated useful lives of the respective assets. Useful lives range from 5 to 10 years for furniture, fixtures, and equipment; 3 to 5 years for software, hardware, and data handling equipment; and 10 to 40 years for buildings and building improvements. Land improvements are amortized over a period of 20 years and leasehold improvements are amortized over the lesser of the term of the respective leases plus the first optional renewal period, when renewal is reasonably assured, or the estimated useful lives of the improvements. The Company leases various properties within its branch network. Leases generally have initial terms of up to 20 years and most contain options to renew with reasonable increases in rent. All leases are accounted for as operating leases. Maintenance and repairs are charged to current operations while improvements that extend the economic useful life of the underlying asset are capitalized. Disposition gains and losses are reflected in current operations. Goodwill and Other Intangible Assets Intangible assets consist of goodwill, core deposit intangible assets, and other identifiable intangible assets that result from business combinations. Goodwill represents the excess of the purchase price over the fair value of net assets acquired that is allocated to the appropriate reporting unit when acquired. The Company maintains two reporting units, Community Banking and Insurance Services. Goodwill is tested annually in the fourth quarter using a qualitative assessment to determine if it is more likely than not that the fair value of each reporting unit is less than its carrying amount. If the Company concludes that it is more likely than not that the fair value of either reporting unit is less than its carrying amount, the two-step quantitative goodwill impairment test is performed. Step 1 consists of calculating and comparing the fair value of each reporting unit to its carrying amount, including goodwill. If the fair value of a reporting unit is greater than its book value, no goodwill impairment exists. If the carrying amount of a reporting unit is greater than its calculated fair value, goodwill impairment may exist and Step 2 is required to determine the amount of the impairment loss. The Company performed its annual impairment test of goodwill as of October 31, 2015, and determined that qualitatively that it was more likely than not that goodwill was not impaired; therefore, the Step 1 and Step 2 tests were not deemed necessary. Qualitative factors considered in the analysis included macroeconomic conditions, industry and market considerations, overall financial performance, changes in stock price, and the Company’s progress towards stated objectives as compared to prior years. An impairment charge to goodwill and other intangible assets may be required in the future if the Company’s future earnings and cash flows decline or discount rates used in determining fair value increase. No events have occurred after the 2015 analysis to indicate potential impairment. Core deposit intangible assets represent the future earnings potential of acquired deposit relationships that are amortized over their estimated remaining useful lives. Other identifiable intangible assets primarily represent the rights arising from contractual arrangements that are amortized using the straight-line method. Other Investments As a condition of membership in the FHLB and the FRB, the Company is required to subscribe to a minimum level of stock in the FHLB of Atlanta and FRB of Richmond. These securities are reported in other assets in the Company’s consolidated balance sheets. There is no market for these securities and ownership is restricted; therefore, readily determinable fair values are not available. The Company carries these nonmarketable securities at cost and reviews the FHLB of Atlanta stock quarterly for impairment. The Company believes the FHLB of Atlanta ownership position provides access to relatively inexpensive wholesale and overnight funding. The FHLB of Atlanta repurchased excess activity-based stock and paid quarterly cash dividends in each of the three years ended December 31, 2015. Based on publicly available information as of December 31, 2015, the Company believes that its FHLB of Atlanta stock is not impaired. The investment in FHLB of Atlanta stock was $5.09 million as of December 31, 2015, and $6.37 million as of December 31, 2014. The investment in FRB of Richmond stock was $5.64 million as of December 31, 2015, and $5.58 million as of December 31, 2014. The Company maintains long-term investments in various entities, including the Trust; certain tax credit limited partnerships; and other limited liability companies that provide insurance brokerage, title insurance, and other related financial services. These entities are reported in other assets in the Company’s consolidated balance sheets. Investments in entities that the Company has no significant influence or control over, generally ownership interests of less than 20%, are recorded using the cost method of accounting. Under the cost method, these investments do not have readily determinable fair values and dividends received are generally recorded as income. Investments in entities that the Company has the ability to exercise significant influence over but not control, generally ownership interests ranging from 20% to 50%, are recorded using the equity method of accounting. Under the equity method, dividends received generally reduce the carrying amount of the investment, and the investment is adjusted to recognize the Company’s share of the entity’s earnings, losses, and changes in capital, if any. Management believes any future adjustments to equity investments will be immaterial. All long-term investments are reviewed periodically for possible impairment. The Company had no equity investments as of December 31, 2015. The carrying value and maximum potential loss of equity investments totaled $360 thousand as of December 31, 2014. Securities Sold Under Agreements to Repurchase Securities sold under agreements to repurchase are generally accounted for as collateralized financing transactions. Securities, generally U.S. government and federal agency securities, pledged as collateral under these arrangements can be sold or repledged only if replaced by the secured party. The fair value of the collateral provided to a third party is continually monitored and additional collateral is provided as appropriate. Advertising Expenses Advertising costs are generally expensed as incurred. The Company may establish accruals for expected advertising expenses in the course of a fiscal year. Equity-Based Compensation The cost of employee services received in exchange for equity instruments, including stock options and restricted stock awards, is generally measured at fair value on the grant date. A Black-Scholes model is used to estimate the fair value of stock options, while the market price of the Company’s common stock at the date of grant is used as the fair value of restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period for stock option awards and as the restriction period for restricted stock awards. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. Income Taxes Income tax expense is comprised of the current and deferred tax consequences of events and transactions already recognized. The Company includes interest and penalties related to income tax liabilities in income tax expense. The effective tax rate, income tax expense as a percentage of pre-tax income, may vary significantly from statutory rates due to tax credits and permanent differences. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes. Deferred tax assets and liabilities are adjusted through the provision for income taxes as changes in tax laws or rates are enacted. The Company’s tax filings for the years ended December 31, 2011 through 2014, are open to audit under statutes of limitation by the Internal Revenue Service and various state tax departments. 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. Diluted earnings per common share includes the dilutive effect of potential common stock that could be issued by the Company. Under the treasury stock method of accounting, potential c

Acquisitions and Divestitures

Acquisitions and Divestitures	12 Months Ended
	Dec. 31, 2015
Acquisitions and Divestitures	Note 2. Acquisitions and Divestitures Bank of America On October 24, 2014, the Company completed the acquisition of seven branches from Bank of America, National Association. At acquisition, the branches had total deposits of $318.88 million. The Company assumed the deposits for a premium of $5.79 million. No loans were included in the purchase. Additionally, the Company purchased the real estate or assumed the leases associated with the branches. The acquisition expands the Company’s presence by six branches in Southwestern Virginia and one branch in Central North Carolina. CresCom Bank On December 12, 2014, the Company completed the sale of thirteen branches to CresCom Bank (“CresCom”), Charleston, South Carolina. The divestiture consisted of ten branches in the Southeastern, Coastal region of North Carolina and three branches in South Carolina, all of which were previously acquired in the FDIC-assisted acquisition of Waccamaw on June 8, 2012. At closing, CresCom assumed total deposits of $215.19 million and total loans of $70.04 million. The transaction excluded loans covered under FDIC loss share agreements. The Company recorded a net gain of $755 thousand in connection with the divestiture, which included a deposit premium received from CresCom of $6.45 million and goodwill allocation of $6.45 million. Insurance Services On October 31, 2015, the Company sold one insurance agency for $372 thousand. The Company recorded a net loss of $8 thousand in connection with the sale and eliminated $324 thousand in goodwill and $61 thousand in other intangibles on the Company’s consolidated balance sheet as of December 31, 2015. The agency was previously purchased in 2013 for $385 thousand, which included $150 thousand in immediate cash consideration and $235 thousand in further cash consideration if certain operating targets were met. Acquisitions that occurred before 2009 call for issuing further cash consideration if certain operating targets are met. If those targets are met, the value of the consideration will be added to the cost of the acquisition. Earn-out payments related to these acquisitions totaled $88 thousand in 2015, $353 thousand in 2014, and $442 thousand in 2013. Net Cash Paid (Received) in Acquisitions and Divestitures The following table presents the components of net cash acquired, or paid, in acquisitions and divestitures, an investing activity in the Company’s statements of cash flows, in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Acquisitions Fair value of assets and liabilities acquired: Investments $ — $ — $ — Loans — 140 281 Premises and equipment — 4,547 — Other assets — 4,563 — Deposits — (318,877 ) — Other liabilities — (76 ) — Purchase price in excess of net assets acquired 88 1,721 663 Total purchase price 88 (307,982 ) 944 Non-cash purchase price — — 247 Cash acquired — — — Net cash paid (received) in acquisitions 88 (307,982 ) 697 Divestitures Book value of assets sold 389 (83,283 ) — Book value of liabilities sold (152 ) 215,268 — Sales price in excess of net liabilities assumed (6 ) (755 ) — Total sales price 231 131,230 — Cash sold — (1,852 ) — Amount due remaining on books (231 ) — — Net cash paid in divestitures — 129,378 — Net cash paid (received) in acquisitions and divestitures $ 88 $ (178,604 ) $ 697

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2015
Investment Securities	Note 3. Investment Securities The following tables present the amortized cost and aggregate fair value of available-for-sale securities, including gross unrealized gains and losses, as of the dates indicated: December 31, 2015 (Amounts in thousands) Amortized Unrealized Unrealized Fair Value U.S. Agency securities $ 31,414 $ 39 $ (751 ) $ 30,702 Municipal securities 124,880 4,155 (357 ) 128,678 Single issue trust preferred securities 55,882 — (8,050 ) 47,832 Corporate securities 70,571 — (238 ) 70,333 Certificates of deposit 5,000 — — 5,000 Mortgage-backed Agency securities 84,576 155 (1,175 ) 83,556 Equity securities 66 6 — 72 Total $ 372,389 $ 4,355 $ (10,571 ) $ 366,173 December 31, 2014 (Amounts in thousands) Amortized Unrealized Unrealized Fair Value U.S. Agency securities $ 34,604 $ 11 $ (1,017 ) $ 33,598 Municipal securities 134,784 4,823 (692 ) 138,915 Single issue trust preferred securities 55,822 — (9,685 ) 46,137 Corporate securities 5,000 109 — 5,109 Mortgage-backed Agency securities 102,506 470 (857 ) 102,119 Equity securities 226 19 (6 ) 239 Total $ 332,942 $ 5,432 $ (12,257 ) $ 326,117 The following table presents the amortized cost and fair value of available-for-sale securities, by contractual maturity, as of December 31, 2015. Actual maturities could differ from contractual maturities because issuers may have the right to call or prepay obligations with or without penalties. (Amounts in thousands) U.S. Agency Municipal Corporate Notes Certificates of Total Amortized cost maturity: One year or less $ — $ 1,100 $ 70,571 $ 5,000 $ 76,671 After one year through five years 2 2,567 — — 2,569 After five years through ten years 2,997 80,882 — — 83,879 After ten years 28,415 40,331 55,882 — 124,628 Amortized cost $ 31,414 $ 124,880 $ 126,453 $ 5,000 287,747 Mortgage-backed securities 84,576 Equity securities 66 Total amortized cost $ 372,389 Fair value maturity: One year or less $ — $ 1,123 $ 70,333 $ 5,000 $ 76,456 After one year through five years 2 2,602 — — 2,604 After five years through ten years 2,995 84,322 — — 87,317 After ten years 27,705 40,631 47,832 — 116,168 Fair value $ 30,702 $ 128,678 $ 118,165 $ 5,000 282,545 Mortgage-backed securities 83,556 Equity securities 72 Total fair value $ 366,173 The following tables present the amortized cost and aggregate fair value of held-to-maturity securities, including gross unrealized gains and losses, as of the dates indicated: December 31, 2015 (Amounts in thousands) Amortized Unrealized Unrealized Fair U.S. Agency securities $ 61,863 $ 75 $ (106 ) $ 61,832 Municipal securities 190 3 — 193 Corporate securities 10,488 — (23 ) 10,465 Total $ 72,541 $ 78 $ (129 ) $ 72,490 December 31, 2014 (Amounts in thousands) Amortized Unrealized Unrealized Fair U.S. Agency securities $ 46,987 $ 22 $ (54 ) $ 46,955 Municipal securities 379 7 — 386 Corporate securities 10,582 — (34 ) 10,548 Total $ 57,948 $ 29 $ (88 ) $ 57,889 The following table presents the amortized cost and fair value of held-to-maturity securities, by contractual maturity, as of December 31, 2015. Actual maturities could differ from contractual maturities because issuers may have the right to call or prepay obligations with or without penalties. (Amounts in thousands) U.S. Agency Municipal Corporate Notes Total Amortized cost maturity: One year or less $ 25,058 $ 190 $ — $ 25,248 After one year through five years 36,805 — 10,488 47,293 After five years through ten years — — — — After ten years — — — — Total amortized cost $ 61,863 $ 190 $ 10,488 $ 72,541 Fair value maturity: One year or less $ 25,007 $ 193 $ — $ 25,200 After one year through five years 36,825 — 10,465 47,290 After five years through ten years — — — — After ten years — — — — Total fair value $ 61,832 $ 193 $ 10,465 $ 72,490 The following tables present municipal securities, by state, for the states where the largest volume of these securities are held in the Company’s portfolio. The tables also present the amortized cost and fair value of the municipal securities, including gross unrealized gains and losses, as of the dates indicated. December 31, 2015 (Amounts in thousands) Percent of Amortized Cost Unrealized Gains Unrealized Losses Fair Value New York 11.38 % $ 14,062 $ 602 $ — $ 14,664 Ohio 8.72 % 11,011 283 (64 ) 11,230 Minnesota 8.69 % 10,797 420 (14 ) 11,203 New Jersey 8.38 % 10,416 388 — 10,804 Wisconsin 7.76 % 9,786 217 (5 ) 9,998 Massachusetts 7.69 % 9,554 378 (22 ) 9,910 Connecticut 7.60 % 9,479 315 — 9,794 Texas 6.04 % 7,651 208 (75 ) 7,784 Iowa 5.03 % 6,471 75 (60 ) 6,486 Other 28.71 % 35,843 1,272 (117 ) 36,998 Total 100.00 % $ 125,070 $ 4,158 $ (357 ) $ 128,871 December 31, 2014 (Amounts in thousands) Percent of Amortized Cost Unrealized Gains Unrealized Losses Fair Value New York 11.48 % $ 14,064 $ 730 $ — $ 14,794 Minnesota 9.02 % 11,188 463 (30 ) 11,621 Wisconsin 8.98 % 11,340 244 (16 ) 11,568 Ohio 8.79 % 11,145 337 (148 ) 11,334 Connecticut 8.67 % 10,775 393 — 11,168 New Jersey 8.60 % 10,567 515 — 11,082 Massachusetts 7.77 % 9,653 393 (38 ) 10,008 Texas 6.87 % 8,770 214 (133 ) 8,851 Other 37.93 % 47,661 1,541 (327 ) 48,875 Total 108.09 % $ 135,163 $ 4,830 $ (692 ) $ 139,301 The following tables present the fair values and unrealized losses for available-for-sale securities in a continuous unrealized loss position for less than 12 months and for 12 months or longer as of the dates indicated: December 31, 2015 Less than 12 Months 12 Months or longer Total (Amounts in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Agency securities $ 4,441 $ (5 ) $ 23,922 $ (746 ) $ 28,363 $ (751 ) Municipal securities 8,126 (48 ) 10,393 (309 ) 18,519 (357 ) Single issue trust preferred securities — — 47,832 (8,050 ) 47,832 (8,050 ) Corporate securities 70,333 (238 ) — — 70,333 (238 ) Mortgage-backed Agency securities 27,050 (253 ) 37,291 (922 ) 64,341 (1,175 ) Total $ 109,950 $ (544 ) $ 119,438 $ (10,027 ) $ 229,388 $ (10,571 ) December 31, 2014 Less than 12 Months 12 Months or longer Total (Amounts in thousands) Fair Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Agency securities $ — $ — $ 29,448 $ (1,017 ) $ 29,448 $ (1,017 ) Municipal securities 1,112 (8 ) 25,007 (684 ) 26,119 (692 ) Single issue trust preferred securities — — 46,137 (9,685 ) 46,137 (9,685 ) Mortgage-backed Agency securities 2,778 (3 ) 45,790 (854 ) 48,568 (857 ) Equity securities 150 (6 ) — — 150 (6 ) Total $ 4,040 $ (17 ) $ 146,382 $ (12,240 ) $ 150,422 $ (12,257 ) The following tables present the fair values and unrealized losses for held-to-maturity securities in a continuous unrealized loss position for less than 12 months and for 12 months or longer as of the date indicated. December 31, 2015 Less than 12 Months 12 Months or longer Total (Amounts in thousands) Fair Unrealized Fair Unrealized Fair Unrealized U.S. Agency securities $ 43,723 $ (106 ) $ — $ — $ 43,723 $ (106 ) Corporate securities 6,851 (23 ) — — 6,851 (23 ) Total $ 50,574 $ (129 ) $ — $ — $ 50,574 $ (129 ) December 31, 2014 Less than 12 Months 12 Months or longer Total (Amounts in thousands) Fair Unrealized Fair Unrealized Fair Unrealized U.S. Agency securities $ 28,188 $ (54 ) $ — $ — $ 28,188 $ (54 ) Corporate securities 10,548 (34 ) — — 10,548 (34 ) Total $ 38,736 $ (88 ) $ — $ — $ 38,736 $ (88 ) As of December 31, 2015, there were 107 individual securities in an unrealized loss position, and their combined depreciation in value represented 2.44% of the investment securities portfolio. Individual securities in an unrealized loss position as of December 31, 2015, included 48 securities in a continuous unrealized loss position for 12 months or longer that the Company does not intend to sell, and that it has determined is not more likely than not going to be required to sell, prior to maturity or recovery. As of December 31, 2014, there were 97 individual securities in an unrealized loss position, and their combined depreciation in value represented 3.21% of the investment securities portfolio. The following table presents the proceeds from sales of available-for-sale securities and the gross realized gains and losses on those sales in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Gross realized gains $ 363 $ 2,257 $ 553 Gross realized losses (219 ) (3,642 ) (154 ) Net gain (loss) on sale of securities $ 144 $ (1,385 ) $ 399 The carrying amount of securities pledged for various purposes totaled $236.73 million as of December 31, 2015, and $268.78 million as of December 31, 2014. The Company reviews its investment portfolio quarterly for indications of OTTI. Debt securities not beneficially owned by the Company include securities issued from the U.S. Department of the Treasury (“Treasury”), municipal securities, single issue trust preferred securities, corporate securities, and certificates of deposit. For debt securities not beneficially owned, the Company analyzes factors such as the severity and duration of the impairment, adverse conditions within the issuing industry, prospects for the issuer, performance of the security, changes in rating by rating agencies, and other qualitative factors to determine if the impairment will be recovered. If the evaluation suggests that the impairment will not be recovered, the Company calculates the present value of the security to determine the amount of OTTI. The security is then written down to its current present value and the Company calculates and records the amount of the loss due to credit factors in earnings through noninterest income and the amount due to other factors in stockholders’ equity through OCI. Temporary impairment on these securities is primarily related to changes in benchmark interest rates, changes in pricing in the credit markets, destabilization in foreign markets, and other current economic factors. The Company incurred no OTTI charges related to debt securities not beneficially owned in 2015 or 2014. Debt securities beneficially owned by the Company consist of mortgage-backed securities (“MBS”). For debt securities beneficially owned, the Company analyzes the cash flows for each applicable security to determine if an adverse change in cash flows expected to be collected has occurred. If the projected value of cash flows at the current reporting date is less than the present value previously projected, and less than the current book value, an adverse change has occurred. The Company then compares the current present value of cash flows to the current net book value to determine the credit-related portion of the OTTI. The credit-related OTTI is recorded in earnings through noninterest income and any remaining noncredit-related OTTI is recorded in stockholders’ equity through OCI. The Company incurred no credit-related OTTI charges related to debt securities beneficially owned in 2015. The Company incurred credit-related OTTI charges related to debt securities beneficially owned of $705 thousand in 2014 and $320 thousand in 2013. These charges were associated with a non-Agency MBS that was sold in November 2014. The following table presents the activity for credit-related losses recognized in earnings on debt securities where a portion of an OTTI was recognized in OCI for the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Beginning balance (1) $ — $ 7,798 $ 7,478 Additions for credit losses on securities previously recognized — 705 320 Reduction for securities sold/realized losses — (8,503 ) — Ending balance $ — $ — $ 7,798 (1) The beginning balance includes credit related losses included in OTTI charges recognized on debt securities in prior periods. For equity securities, the Company considers its intent to hold or sell the security before recovery, the severity and duration of the decline in fair value of the security below its cost, the financial condition and near-term prospects of the issuer, and whether the decline appears to be related to issuer, general market, or industry conditions to determine if the impairment will be recovered. If the Company deems the impairment other-than-temporary in nature, the security is written down to its current present value and the OTTI loss is charged to earnings. The Company incurred no OTTI charges related to equity securities in 2015 or 2013. The Company incurred OTTI charges related to equity securities of $32 thousand in 2014.

Loans

Loans	12 Months Ended
	Dec. 31, 2015
Loans	Note 4. Loans Loan Portfolio The Company’s loans held for investment are grouped into three segments (commercial loans, consumer real estate loans, and consumer and other loans) with each segment divided into various classes. Covered loans are defined as loans acquired in FDIC-assisted transactions that are covered by loss share agreements. The following table presents loans, net of unearned income and disaggregated by class, as of the periods indicated: December 31, 2015 2014 (Amounts in thousands) Amount Percent Amount Percent Non-covered loans held for investment Commercial loans Construction, development, and other land $ 48,896 2.86 % $ 41,271 2.44 % Commercial and industrial 88,903 5.21 % 83,099 4.92 % Multi-family residential 95,026 5.57 % 97,480 5.77 % Single family non-owner occupied 149,351 8.75 % 135,171 8.00 % Non-farm, non-residential 485,460 28.45 % 473,906 28.05 % Agricultural 2,911 0.17 % 1,599 0.09 % Farmland 27,540 1.61 % 29,517 1.75 % Total commercial loans 898,087 52.62 % 862,043 51.02 % Consumer real estate loans Home equity lines 107,367 6.29 % 110,957 6.57 % Single family owner occupied 495,209 29.02 % 485,475 28.74 % Owner occupied construction 43,505 2.55 % 32,799 1.94 % Total consumer real estate loans 646,081 37.86 % 629,231 37.25 % Consumer and other loans Consumer loans 72,000 4.22 % 69,347 4.10 % Other 7,338 0.43 % 6,555 0.39 % Total consumer and other loans 79,338 4.65 % 75,902 4.49 % Total non-covered loans 1,623,506 95.13 % 1,567,176 92.76 % Total covered loans 83,035 4.87 % 122,240 7.24 % Total loans held for investment, net of unearned income $ 1,706,541 100.00 % $ 1,689,416 100.00 % Loans held for sale $ — $ 1,792 Customer overdrafts reclassified as loans totaled $1.24 million as of December 31, 2015, and $1.44 million as of December 31, 2014. Deferred loan fees totaled $3.78 million in 2015, and $3.39 million in 2014. For information concerning off-balance sheet financing, see Note 20, “Litigation, Commitments and Contingencies,” to the Consolidated Financial Statements of this report. The following table presents the components of the Company’s covered loan portfolio, disaggregated by class, as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Covered loans Commercial loans Construction, development, and other land $ 6,303 $ 13,100 Commercial and industrial 1,170 2,662 Multi-family residential 640 1,584 Single family non-owner occupied 2,674 5,918 Non-farm, non-residential 14,065 25,317 Agricultural 34 43 Farmland 643 716 Total commercial loans 25,529 49,340 Consumer real estate loans Home equity lines 48,565 60,391 Single family owner occupied 8,595 11,968 Owner occupied construction 262 453 Total consumer real estate loans 57,422 72,812 Consumer and other loans Consumer loans 84 88 Total covered loans $ 83,035 $ 122,240 Purchased Credit Impaired Loans Certain purchased loans are identified as impaired when fair values are established at acquisition. These PCI loans are aggregated into loan pools that have common risk characteristics. The Company’s loan pools consist of Waccamaw commercial, Waccamaw lines of credit, Waccamaw serviced home equity lines, Waccamaw residential, Peoples commercial, and Peoples residential. The Company closed the Waccamaw consumer loan pool during the first quarter of 2015 due to an insignificant remaining balance. The Company estimates cash flows to be collected on PCI loans and discounts those cash flows at a market rate of interest. The following table presents the carrying and contractual unpaid principal balance of PCI loans, by acquisition, as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Carrying Balance Unpaid Principal Carrying Balance Unpaid Principal PCI Loans, by acquisition Peoples Bank of Virginia $ 6,681 $ 11,249 $ 7,090 $ 13,669 Waccamaw Bank 34,707 63,151 53,835 86,641 Other acquired 1,254 1,297 1,358 1,401 Total PCI Loans $ 42,642 $ 75,697 $ 62,283 $ 101,711 The following table presents the activity in the accretable yield related to PCI loans, by acquisition, in the periods indicated: (Amounts in thousands) Peoples Waccamaw Other Total Balance, January 1, 2015 $ 4,745 $ 19,048 $ — $ 23,793 Additions — 2 — 2 Accretion (2,712 ) (6,459 ) — (9,171 ) Reclassifications from nonaccretable difference 1,283 6,564 — 7,847 Other changes, net 273 6,954 — 7,227 Balance, December 31, 2015 $ 3,589 $ 26,109 $ — $ 29,698 Balance, January 1, 2014 $ 5,294 $ 10,338 $ 8 $ 15,640 Additions 267 26 — 293 Accretion (2,147 ) (6,118 ) (37 ) (8,302 ) Reclassifications from nonaccretable difference 1,912 16,400 29 18,341 Other changes, net (581 ) (1,598 ) — (2,179 ) Balance, December 31, 2014 $ 4,745 $ 19,048 $ — $ 23,793 Balance, January 1, 2013 $ 2,342 $ 21,886 $ 15 $ 24,243 Additions 148 281 — 429 Accretion (1,840 ) (6,288 ) (119 ) (8,247 ) Reclassifications from (to) nonaccretable difference 6,155 (2,967 ) 112 3,300 Other changes, net (1,511 ) (2,574 ) — (4,085 ) Balance, December 31, 2013 $ 5,294 $ 10,338 $ 8 $ 15,640

Credit Quality

Credit Quality	12 Months Ended
	Dec. 31, 2015
Credit Quality	Note 5. Credit Quality The Company identifies loans for potential impairment through a variety of means, including, but not limited to, ongoing loan review, renewal processes, delinquency data, market communications, and public information. If the Company determines that it is probable all principal and interest amounts contractually due will not be collected, the loan is generally deemed to be impaired. The following tables present the recorded investment and related information for loans considered to be impaired, excluding PCI loans, as of the periods indicated: December 31, 2015 (Amounts in thousands) Recorded Unpaid Related Impaired loans with no related allowance: Commercial loans Single family non-owner occupied $ 782 $ 783 $ — Non-farm, non-residential 8,427 8,427 — Consumer real estate loans Single family owner occupied 1,975 2,067 — Total impaired loans with no related allowance 11,184 11,277 — Impaired loans with a related allowance: Commercial loans Single family non-owner occupied 619 623 124 Non-farm, non-residential 5,667 5,673 1,568 Consumer real estate loans Single family owner occupied 4,899 4,907 672 Owner occupied construction 349 355 7 Total impaired loans with a related allowance 11,534 11,558 2,371 Total impaired loans $ 22,718 $ 22,835 $ 2,371 December 31, 2014 (Amounts in thousands) Recorded Unpaid Related Impaired loans with no related allowance: Commercial loans Single family non-owner occupied $ 466 $ 466 $ — Non-farm, non-residential 5,705 6,049 — Consumer real estate loans Single family owner occupied 3,397 3,494 — Total impaired loans with no related allowance 9,568 10,009 — Impaired loans with a related allowance: Commercial loans Single family non-owner occupied 367 367 45 Non-farm, non-residential 3,772 3,772 1,000 Consumer real estate loans Single family owner occupied 2,341 2,512 437 Total impaired loans with a related allowance 6,480 6,651 1,482 Total impaired loans $ 16,048 $ 16,660 $ 1,482 The following table presents the average annual recorded investment and interest income recognized on impaired loans, excluding PCI loans, in the periods indicated: Year ended December 31, 2015 2014 2013 (Amounts in thousands) Interest Average Interest Average Interest Average Impaired loans with no related allowance: Commercial loans Construction, development, and other land $ — $ — $ — $ — $ 294 $ 3,850 Commercial and industrial — — 17 461 17 698 Multi-family residential — — — — 3 18 Single family non-owner occupied 34 626 8 301 99 939 Non-farm, non-residential 295 8,767 96 6,083 296 7,225 Farmland — — 11 181 12 370 Consumer real estate loans Home equity lines — — 2 66 25 454 Single family owner occupied 136 2,432 73 2,508 70 2,156 Owner occupied construction — 88 — — 5 15 Consumer and other loans Consumer loans — — — — — 3 Total impaired loans with no related allowance 465 11,913 207 9,600 821 15,728 Impaired loans with a related allowance: Commercial loans Construction, development, and other land — — — — 117 1,057 Commercial and industrial — — 47 2,199 18 4,281 Multi-family residential — — 23 4,190 7 94 Single family non-owner occupied 25 575 2 369 3 892 Non-farm, non-residential 65 4,987 31 3,386 29 1,494 Consumer real estate loans Home equity lines — — 1 57 12 304 Single family owner occupied 26 3,731 48 3,897 54 4,498 Owner occupied construction 1 178 — — — — Total impaired loans with a related allowance 117 9,471 152 14,098 240 12,620 Total impaired loans $ 582 $ 21,384 $ 359 $ 23,698 $ 1,061 $ 28,348 The Company determined that two of the six open PCI loan pools were impaired as of December 31, 2015, compared to two of the seven open PCI loan pools as of December 31, 2014, and four of the seven open PCI loan pools as of December 31, 2013. The following tables present additional information related to the impaired loan pools as of the dates, and in the periods, indicated: December 31, (Amounts in thousands) 2015 2014 Recorded investment $ 2,834 $ 14,607 Unpaid principal balance 3,759 31,169 Allowance for loan losses 54 58 Year ended December 31, (Amounts in thousands) 2015 2014 2013 Interest income recognized $ 364 $ 3,081 $ 1,966 Average recorded investment 3,309 30,007 35,220 As part of the ongoing monitoring of the Company’s loan portfolio, management tracks certain credit quality indicators that include: trends related to the risk rating of commercial loans, the level of classified commercial loans, net charge-offs, nonperforming loans, and general economic conditions. The Company’s loan review function generally analyzes all commercial loan relationships greater than $4.0 million annually and at various times during the year. Smaller commercial and retail loans are sampled for review during the year. Loan risk ratings may be upgraded or downgraded to reflect current information identified during the loan review process. The Company uses a risk grading matrix to assign a risk grade to each loan in its portfolio. The general characteristics of each risk grade are as follows: • Pass – This grade is assigned to loans with acceptable credit quality and risk. The Company further segments this grade based on borrower characteristics that include capital strength, earnings stability, liquidity leverage, and industry conditions. • Special Mention – This grade is assigned to loans that require an above average degree of supervision and attention. These loans have the characteristics of an asset with acceptable credit quality and risk; however, adverse economic or financial conditions exist that create potential weaknesses deserving of management’s close attention. If potential weaknesses are not corrected, the prospect of repayment may worsen. • Substandard – This grade is assigned to loans that have well defined weaknesses that may make payment default, or principal exposure, possible. In order to meet repayment terms, these loans will likely be dependent on collateral liquidation, secondary repayment sources, or events outside the normal course of business. • Doubtful – This grade is assigned to loans on nonaccrual status. These loans have the weaknesses inherent in substandard loans; however, the weaknesses are so severe that collection or liquidation in full is extremely unlikely based on current facts, conditions, and values. Due to certain specific pending factors, the amount of loss cannot yet be determined. • Loss – This grade is assigned to loans that will be charged off or charged down when payments, including the timing and value of payments, are determined to be uncertain. This risk grade does not imply that the asset has no recovery or salvage value, but simply means that it is not practical or desirable to defer writing off, either all or a portion of, the loan balance even though partial recovery may be realized in the future. Losses on covered loans are generally reimbursable by the FDIC at the applicable loss share percentage, 80%; therefore, covered loans are disclosed separately in the following credit quality discussion. PCI loan pools are disaggregated and included in their applicable loan class in the following discussion. PCI loans are generally not classified as nonaccrual or nonperforming due to the accrual of interest income under the accretion method of accounting. The following tables present loans held for investment, by internal credit risk grade, as of the periods indicated: December 31, 2015 (Amounts in thousands) Pass Special Substandard Doubtful Loss Total Non-covered loans Commercial loans Construction, development, and other land $ 46,816 $ 974 $ 1,106 $ — $ — $ 48,896 Commercial and industrial 87,223 663 1,017 — — 88,903 Multi-family residential 81,168 12,969 889 — — 95,026 Single family non-owner occupied 139,680 3,976 5,695 — — 149,351 Non-farm, non-residential 454,906 15,170 15,384 — — 485,460 Agricultural 2,886 25 — — — 2,911 Farmland 25,855 1,427 258 — — 27,540 Consumer real estate loans Home equity lines 104,897 1,083 1,387 — — 107,367 Single family owner occupied 468,155 6,686 20,368 — — 495,209 Owner occupied construction 42,783 — 722 — — 43,505 Consumer and other loans Consumer loans 71,685 61 254 — — 72,000 Other 7,338 — — — — 7,338 Total non-covered loans 1,533,392 43,034 47,080 — — 1,623,506 Covered loans Commercial loans Construction, development, and other land 3,908 1,261 1,134 — — 6,303 Commercial and industrial 1,144 4 22 — — 1,170 Multi-family residential 460 — 180 — — 640 Single family non-owner occupied 1,808 457 409 — — 2,674 Non-farm, non-residential 9,192 2,044 2,829 — — 14,065 Agricultural 34 — — — — 34 Farmland 364 — 279 — — 643 Consumer real estate loans Home equity lines 17,893 29,823 849 — — 48,565 Single family owner occupied 5,102 1,963 1,530 — — 8,595 Owner occupied construction 112 51 99 — — 262 Consumer and other loans Consumer loans 84 — — — — 84 Total covered loans 40,101 35,603 7,331 — — 83,035 Total loans $ 1,573,493 $ 78,637 $ 54,411 $ — $ — $ 1,706,541 December 31, 2014 (Amounts in thousands) Pass Special Substandard Doubtful Loss Total Non-covered loans Commercial loans Construction, development, and other land $ 38,858 $ 1,384 $ 1,029 $ — $ — $ 41,271 Commercial and industrial 81,196 616 1,287 — — 83,099 Multi-family residential 89,503 7,007 970 — — 97,480 Single family non-owner occupied 126,155 3,333 5,683 — — 135,171 Non-farm, non-residential 441,385 13,028 19,493 — — 473,906 Agricultural 1,589 — 10 — — 1,599 Farmland 26,876 1,432 1,209 — — 29,517 Consumer real estate loans Home equity lines 107,688 1,606 1,663 — — 110,957 Single family owner occupied 454,833 8,884 21,758 — — 485,475 Owner occupied construction 32,551 — 248 — — 32,799 Consumer and other loans Consumer loans 68,592 520 235 — — 69,347 Other 6,555 — — — — 6,555 Total non-covered loans 1,475,781 37,810 53,585 — — 1,567,176 Covered loans Commercial loans Construction, development, and other land 7,598 3,227 2,275 — — 13,100 Commercial and industrial 2,528 82 52 — — 2,662 Multi-family residential 1,400 — 184 — — 1,584 Single family non-owner occupied 2,703 2,059 1,156 — — 5,918 Non-farm, non-residential 12,672 4,341 8,304 — — 25,317 Agricultural 43 — — — — 43 Farmland 420 — 296 — — 716 Consumer real estate loans Home equity lines 21,295 38,296 800 — — 60,391 Single family owner occupied 7,094 2,040 2,834 — — 11,968 Owner occupied construction 84 264 105 — — 453 Consumer and other loans Consumer loans 88 — — — — 88 Total covered loans 55,925 50,309 16,006 — — 122,240 Total loans $ 1,531,706 $ 88,119 $ 69,591 $ — $ — $ 1,689,416 The following table presents nonaccrual loans, by loan class, as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Non-covered Covered Total Non-covered Covered Total Commercial loans Construction, development, and other land $ 39 $ 54 $ 93 $ — $ 18 $ 18 Commercial and industrial — 16 16 123 34 157 Multi-family residential 84 — 84 245 — 245 Single family non-owner occupied 1,850 29 1,879 601 77 678 Non-farm, non-residential 7,150 39 7,189 2,334 1,317 3,651 Agricultural — — — 4 — 4 Farmland 234 — 234 — — — Consumer real estate loans Home equity lines 825 413 1,238 792 204 996 Single family owner occupied 7,245 96 7,341 6,389 682 7,071 Owner occupied construction 349 — 349 — 106 106 Consumer and other loans Consumer loans 71 — 71 68 — 68 Total nonaccrual loans $ 17,847 $ 647 $ 18,494 $ 10,556 $ 2,438 $ 12,994 The following tables present the aging of past due loans, by loan class, as of the dates indicated. Nonaccrual loans 30 days or more past due are included in the applicable delinquency category. There were no non-covered or covered accruing loans contractually past due 90 days or more as of December 31, 2015, or December 31, 2014. December 31, 2015 (Amounts in thousands) 30 - 59 Days 60 - 89 Days 90+ Days Total Current Total Non-covered loans Commercial loans Construction, development, and other land $ — $ — $ 39 $ 39 $ 48,857 $ 48,896 Commercial and industrial 281 66 — 347 88,556 88,903 Multi-family residential 302 76 84 462 94,564 95,026 Single family non-owner occupied 748 120 929 1,797 147,554 149,351 Non-farm, non-residential 347 676 4,940 5,963 479,497 485,460 Agricultural — — — — 2,911 2,911 Farmland 585 11 234 830 26,710 27,540 Consumer real estate loans Home equity lines 668 195 468 1,331 106,036 107,367 Single family owner occupied 6,122 1,943 3,191 11,256 483,953 495,209 Owner occupied construction — — — — 43,505 43,505 Consumer and other loans Consumer loans 278 71 23 372 71,628 72,000 Other — — — — 7,338 7,338 Total non-covered loans 9,331 3,158 9,908 22,397 1,601,109 1,623,506 Covered loans Commercial loans Construction, development, and other land 96 — 42 138 6,165 6,303 Commercial and industrial — — 16 16 1,154 1,170 Multi-family residential — — — — 640 640 Single family non-owner occupied 1,422 — — 1,422 1,252 2,674 Non-farm, non-residential — — 39 39 14,026 14,065 Agricultural — — — — 34 34 Farmland — — — — 643 643 Consumer real estate loans Home equity lines 489 37 225 751 47,814 48,565 Single family owner occupied 274 — 42 316 8,279 8,595 Owner occupied construction — — — — 262 262 Consumer and other loans Consumer loans — — — — 84 84 Total covered loans 2,281 37 364 2,682 80,353 83,035 Total loans $ 11,612 $ 3,195 $ 10,272 $ 25,079 $ 1,681,462 $ 1,706,541 December 31, 2014 (Amounts in thousands) 30 - 59 Days 60 - 89 Days 90+ Days Total Current Total Non-covered loans Commercial loans Construction, development, and other land $ 39 $ 46 $ — $ 85 $ 41,186 $ 41,271 Commercial and industrial 285 6 103 394 82,705 83,099 Multi-family residential 81 110 — 191 97,289 97,480 Single family non-owner occupied 914 513 425 1,852 133,319 135,171 Non-farm, non-residential 1,075 783 1,984 3,842 470,064 473,906 Agricultural — — 4 4 1,595 1,599 Farmland 89 — — 89 29,428 29,517 Consumer real estate loans Home equity lines 492 103 571 1,166 109,791 110,957 Single family owner occupied 5,436 1,931 4,564 11,931 473,544 485,475 Owner occupied construction — — — — 32,799 32,799 Consumer and other loans Consumer loans 544 84 26 654 68,693 69,347 Other — — — — 6,555 6,555 Total non-covered loans 8,955 3,576 7,677 20,208 1,546,968 1,567,176 Covered loans Commercial loans Construction, development, and other land 120 17 — 137 12,963 13,100 Commercial and industrial 84 12 34 130 2,532 2,662 Multi-family residential — — — — 1,584 1,584 Single family non-owner occupied 122 — 77 199 5,719 5,918 Non-farm, non-residential 124 140 1,258 1,522 23,795 25,317 Agricultural — — — — 43 43 Farmland 3 — — 3 713 716 Consumer real estate loans Home equity lines 858 318 168 1,344 59,047 60,391 Single family owner occupied 134 34 415 583 11,385 11,968 Owner occupied construction — — — — 453 453 Consumer and other loans Consumer loans — — — — 88 88 Total covered loans 1,445 521 1,952 3,918 118,322 122,240 Total loans $ 10,400 $ 4,097 $ 9,629 $ 24,126 $ 1,665,290 $ 1,689,416 The Company may make concessions in interest rates, loan terms and/or amortization terms when restructuring loans for borrowers experiencing financial difficulty. Restructured loans in excess of $250 thousand are evaluated for a specific reserve based on either the collateral or net present value method, whichever is most applicable. Specific reserves in the allowance for loan losses attributed to TDRs totaled $590 thousand as of December 31, 2015, and $475 thousand as of December 31, 2014. Restructured loans under $250 thousand are subject to the reserve calculation at the historical loss rate for classified loans. Certain TDRs are classified as nonperforming at the time of restructuring and are returned to performing status after six months of satisfactory payment performance; however, these loans remain identified as impaired until full payment or other satisfaction of the obligation occurs. The following table presents interest income related to TDRs in the periods, indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Interest income recognized $ 608 $ 597 $ 551 Loans acquired with credit deterioration, with a discount, are generally not considered TDRs as long as the loans remain in the assigned loan pool. There were no covered loans recorded as TDRs as of December 31, 2015 or 2014. The following table presents loans modified as TDRs, by loan class, segregated by accrual status, as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Nonaccrual (1) Accruing Total Nonaccrual (1) Accruing Total Commercial loans Single family non-owner occupied $ 130 $ 820 $ 950 $ — $ 1,088 $ 1,088 Non-farm, non-residential — 4,600 4,600 83 4,743 4,826 Consumer real estate loans Home equity lines 127 43 170 — 47 47 Single family owner occupied 733 8,256 8,989 471 8,412 8,883 Owner occupied construction 349 243 592 — 244 244 Total TDRs $ 1,339 $ 13,962 $ 15,301 $ 554 $ 14,534 $ 15,088 (1) TDRs on nonaccrual status are included in the total nonaccrual loan balance disclosed in the table above. The following table presents loans modified as TDRs, by type of concession made and loan class, that were restructured during the periods indicated. The post-modification recorded investment represents the loan balance immediately after modification. Year Ended December 31, 2015 2014 (Amounts in thousands) Total Contracts Pre- Modification Recorded Post- Recorded Total Contracts Pre- Modification Recorded Post- Recorded Below market interest rate Single family owner occupied — $ — $ — 4 $ 1,850 $ 1,850 Owner occupied construction — — — 1 245 245 Total — — — 5 2,095 2,095 Extended payment term Single family non-owner occupied — — — 1 468 468 Non-farm, non-residential — — — 1 303 303 Total — — — 2 771 771 Below market interest rate and extended payment term Single family non-owner occupied — — — 1 255 255 Single family owner occupied 5 342 342 5 487 487 Total 5 342 342 6 742 742 Total 5 $ 342 $ 342 13 $ 3,608 $ 3,608 There were no payment defaults on loans modified as TDRs that were restructured within the previous 12 months as of December 31, 2015 and 2014. OREO consists of properties acquired through foreclosure. The following table presents information related to OREO as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Non-covered OREO $ 4,873 $ 6,638 Covered OREO 4,034 6,324 Total OREO $ 8,907 $ 12,962 Non-covered OREO secured by residential real estate $ 2,677 $ 6,155 Residential real estate loans in the foreclosure process (1) 2,727 4,561 (1) The recorded investment in consumer mortgage loans collateralized by residential real estate that are in the process of foreclosure according to local requirements of the applicable jurisdiction.

Allowance for Loan Losses

Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2015
Allowance for Loan Losses	Note 6. Allowance for Loan Losses The allowance for loan losses is maintained at a level management deems adequate to absorb probable loan losses inherent in the loan portfolio. The allowance is increased by provisions charged to operations and reduced by net charge-offs. While management uses its best judgment and information available, the ultimate adequacy of the allowance is dependent on a variety of factors that may be beyond the Company’s control: the performance of the Company’s loan portfolio, the economy, changes in interest rates, the view of regulatory authorities towards loan classifications, and other factors. These uncertainties may result in a material change to the allowance for loan losses in the near term; however, the amount of the change cannot reasonably be estimated. The Company’s allowance is comprised of specific reserves related to loans individually evaluated, including credit relationships, and general reserves related to loans not individually evaluated that are segmented into groups with similar risk characteristics, based on an internal risk grading matrix. General reserve allocations are based on management’s judgments of qualitative and quantitative factors about macro and micro economic conditions reflected within the loan portfolio and the economy. For loans acquired in a business combination, loans identified as credit impaired at the acquisition date are grouped into pools and evaluated separately from the non-PCI portfolio. The Company aggregates PCI loans into the following pools: Waccamaw commercial, Waccamaw lines of credit, Waccamaw serviced home equity lines, Waccamaw residential, Waccamaw consumer, Peoples commercial, and Peoples residential. The Company closed the Waccamaw consumer loan pool during the first quarter of 2015 due to an insignificant remaining balance. Provisions calculated for PCI loans are offset by an adjustment to the FDIC indemnification asset to reflect the indemnified portion, 80%, of the post-acquisition exposure. While allocations are made to various portfolio segments, the allowance for loan losses, excluding reserves allocated to specific loans and PCI loan pools, is available for use against any loan loss management deems appropriate. As of December 31, 2015, management believed the allowance was adequate to absorb probable loan losses inherent in the loan portfolio. The following tables present the aggregate activity in the allowance for loan losses in the periods indicated: Year Ended December 31, 2015 (Amounts in thousands) Allowance Excluding Allowance for Total Beginning balance $ 20,169 $ 58 $ 20,227 Provision for (recovery of) loan losses 2,166 (4 ) 2,162 Benefit attributable to the FDIC indemnification asset — 29 29 Provision for loan losses charged to operations 2,166 25 2,191 Recovery of loan losses recorded through the FDIC indemnification asset — (29 ) (29 ) Charge-offs (3,745 ) — (3,745 ) Recoveries 1,589 — 1,589 Net charge-offs (2,156 ) — (2,156 ) Ending balance $ 20,179 $ 54 $ 20,233 Year Ended December 31, 2014 (Amounts in thousands) Allowance Excluding Allowance for Total Beginning balance $ 23,322 $ 755 $ 24,077 Removal of loans transferred (682 ) — (682 ) Provision for (recovery of) loan losses 420 (697 ) (277 ) Benefit attributable to the FDIC indemnification asset — 422 422 Provision (recovery) of loan losses charged to operations 420 (275 ) 145 Recovery of loan losses recorded through the FDIC indemnification asset — (422 ) (422 ) Charge-offs (6,481 ) — (6,481 ) Recoveries 3,590 — 3,590 Net charge-offs (2,891 ) — (2,891 ) Ending balance $ 20,169 $ 58 $ 20,227 Year Ended December 31, 2013 (Amounts in thousands) Allowance Excluding Allowance for Total Beginning balance $ 25,762 $ 8 $ 25,770 Provision for loan losses 7,912 747 8,659 Benefit attributable to the FDIC indemnification asset — (451 ) (451 ) Provision for loan losses charged to operations 7,912 296 8,208 Provision for loan losses recorded through the FDIC indemnification asset — 451 451 Charge-offs (12,527 ) — (12,527 ) Recoveries 2,175 — 2,175 Net charge-offs (10,352 ) — (10,352 ) Ending balance $ 23,322 $ 755 $ 24,077 The following tables present the components of the activity in the allowance for loan losses, excluding PCI loans, by loan segment, in the periods indicated: Year Ended December 31, 2015 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 13,010 $ 6,489 $ 670 $ 20,169 Provision for loan losses charged to operations 931 95 1,140 2,166 Loans charged off (1,282 ) (906 ) (1,557 ) (3,745 ) Recoveries credited to allowance 474 678 437 1,589 Net charge-offs (808 ) (228 ) (1,120 ) (2,156 ) Ending balance $ 13,133 $ 6,356 $ 690 $ 20,179 Year Ended December 31, 2014 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 16,090 $ 6,597 $ 635 $ 23,322 Removal of loans transferred (418 ) (244 ) (20 ) (682 ) (Recovery of) provision for loan losses charged to operations (1,988 ) 1,273 1,135 420 Loans charged off (2,928 ) (1,873 ) (1,680 ) (6,481 ) Recoveries credited to allowance 2,254 736 600 3,590 Net charge-offs (674 ) (1,137 ) (1,080 ) (2,891 ) Ending balance $ 13,010 $ 6,489 $ 670 $ 20,169 Year Ended December 31, 2013 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 17,259 $ 7,906 $ 597 $ 25,762 Provision for loan losses charged to operations 5,643 1,364 905 7,912 Loans charged off (7,743 ) (3,115 ) (1,669 ) (12,527 ) Recoveries credited to allowance 931 442 802 2,175 Net charge-offs (6,812 ) (2,673 ) (867 ) (10,352 ) Ending balance $ 16,090 $ 6,597 $ 635 $ 23,322 The following tables present the components of the activity in the allowance for loan losses for PCI loans, by loan segment, in the periods indicated: Year Ended December 31, 2015 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 37 $ 21 $ — $ 58 (Recovery of) provision for PCI loan losses (37 ) 33 — (4 ) Benefit attributable to FDIC indemnification asset 29 — — 29 (Recovery of) provision for loan losses charged to operations (8 ) 33 — 25 Recovery of loan losses recorded through the FDIC indemnification asset (29 ) — — (29 ) Ending balance $ — $ 54 $ — $ 54 Year Ended December 31, 2014 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 77 $ 678 $ — $ 755 Recovery of PCI loan losses (40 ) (657 ) — (697 ) Benefit attributable to FDIC indemnification asset 26 396 — 422 Recovery of loan losses charged to operations (14 ) (261 ) — (275 ) Recovery of loan losses recorded through the FDIC indemnification asset (26 ) (396 ) — (422 ) Ending balance $ 37 $ 21 $ — $ 58 Year Ended December 31, 2013 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 8 $ — $ — $ 8 Provision for PCI loan losses 69 678 — 747 Benefit attributable to FDIC indemnification asset (55 ) (396 ) — (451 ) Recovery of loan losses charged to operations 14 282 — 296 Provision for loan losses recorded through the FDIC indemnification asset 55 396 — 451 Ending balance $ 77 $ 678 $ — $ 755 The following tables present the Company’s allowance for loan losses and recorded investment in loans evaluated for impairment, excluding PCI loans, by loan class, as of the dates indicated: December 31, 2015 (Amounts in thousands) Loans Allowance for Loans Allowance Commercial loans Construction, development, and other land $ — $ — $ 53,437 $ 1,119 Commercial and industrial — — 89,885 504 Multi-family residential — — 95,486 1,535 Single family non-owner occupied 1,401 124 147,209 3,245 Non-farm, non-residential 14,094 1,568 478,839 4,825 Agricultural — — 2,945 22 Farmland — — 28,183 190 Total commercial loans 15,495 1,692 895,984 11,440 Consumer real estate loans Home equity lines — — 126,691 1,091 Single family owner occupied 6,874 672 495,761 4,297 Owner occupied construction 349 7 43,323 290 Total consumer real estate loans 7,223 679 665,775 5,678 Consumer and other loans Consumer loans — — 72,084 690 Other — — 7,338 — Total consumer and other loans — — 79,422 690 Total loans, excluding PCI loans $ 22,718 $ 2,371 $ 1,641,181 $ 17,808 December 31, 2014 (Amounts in thousands) Loans Allowance Loans Allowance Commercial loans Construction, development, and other land $ — $ — $ 51,608 $ 1,151 Commercial and industrial — — 85,353 690 Multi-family residential — — 98,880 1,917 Single family non-owner occupied 833 45 135,223 3,183 Non-farm, non-residential 9,477 1,000 475,353 4,805 Agricultural — — 1,642 13 Farmland — — 30,233 206 Total commercial loans 10,310 1,045 878,292 11,965 Consumer real estate loans Home equity lines — — 134,006 1,330 Single family owner occupied 5,738 437 489,820 4,498 Owner occupied construction — — 32,983 224 Total consumer real estate loans 5,738 437 656,809 6,052 Consumer and other loans Consumer loans — — 69,429 670 Other — — 6,555 — Total consumer and other loans — — 75,984 670 Total loans, excluding PCI loans $ 16,048 $ 1,482 $ 1,611,085 $ 18,687 The following table presents the Company’s allowance for loan losses related to PCI loans and recorded investment in PCI loans, by loan pool, as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Loan Pools Allowance Loan Pools Allowance for Commercial loans Waccamaw commercial $ 3,788 $ — $ 13,392 $ 37 Waccamaw lines of credit — — 461 — Peoples commercial 5,525 — 5,875 — Other 1,254 — 1,358 — Total commercial loans 10,567 — 21,086 37 Consumer real estate loans Waccamaw serviced home equity lines 29,241 — 37,342 — Waccamaw residential 1,678 1 2,638 — Peoples residential 1,156 53 1,215 21 Total consumer real estate loans 32,075 54 41,195 21 Consumer and other loans Waccamaw consumer (1) — — 2 — Total loans $ 42,642 $ 54 $ 62,283 $ 58 (1) Closed during the first quarter of 2015.

FDIC Indemnification Asset

FDIC Indemnification Asset	12 Months Ended
	Dec. 31, 2015
FDIC Indemnification Asset	Note 7. FDIC Indemnification Asset The Company entered into loss share agreements with the FDIC in 2012 in connection with the FDIC-assisted acquisition of Waccamaw. Under the loss share agreements, the FDIC agreed to cover 80% of most loan and foreclosed real estate losses. Certain expenses incurred in relation to these covered assets are reimbursable by the FDIC. Estimated reimbursements are netted against the expense on covered assets in the Company’s consolidated statements of income. The following table presents activity in the FDIC indemnification asset in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 Beginning balance $ 27,900 $ 34,691 (Decrease) increase in estimated losses on covered loans (28 ) (422 ) Increase in estimated losses on covered OREO 1,489 1,851 Reimbursable expenses from the FDIC 545 527 Net amortization (6,379 ) (3,979 ) Reimbursements from the FDIC (2,683 ) (4,768 ) Ending balance $ 20,844 $ 27,900

Premises, Equipment, and Leases

Premises, Equipment, and Leases	12 Months Ended
	Dec. 31, 2015
Premises, Equipment, and Leases	Note 8. Premises, Equipment, and Leases Premises and Equipment The following table presents the components of premises and equipment as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Land $ 19,155 $ 19,166 Buildings and leasehold improvements 50,776 50,729 Equipment 36,709 38,103 106,640 107,998 Accumulated depreciation and amortization 53,884 52,154 Total premises and equipment, net $ 52,756 $ 55,844 Certain long-term investments in land and buildings were evaluated for impairment resulting in write-downs totaling $259 thousand in 2015 and $935 thousand in 2014. Depreciation and amortization expense was $4.14 million in 2015, $4.41 million in 2014, and $4.67 million in 2013. Leases The Company enters into various noncancelable operating leases. The following schedule presents future minimum lease payments required under noncancelable operating leases, with initial or remaining terms in excess of one year, by year, as of December 31, 2015: (Amounts in thousands) 2016 $ 733 2017 591 2018 528 2019 376 2020 210 2021 and thereafter 887 $ 3,325 Lease expense was $862 thousand in 2015, $1.06 million in 2014, and $1.18 million in 2013. Certain portions of the Company’s leases have been sublet to third parties for properties not currently being used by the Company. Future minimum lease payments to be received under noncancelable subleases totaled $5 thousand as of December 31, 2015.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2015
Goodwill and Other Intangible Assets	Note 9. Goodwill and Other Intangible Assets Goodwill Goodwill represents the excess of the purchase price over the fair value of net assets acquired. Goodwill is allocated to the appropriate reporting unit when acquired, if applicable. The estimated future value of the cash consideration is recognized as goodwill at the acquisition date. The Company analyzed the carrying value of goodwill as of October 31, 2015, and determined that no impairment charge was necessary. The following table presents the activity in goodwill, by reporting unit, in the periods indicated: (Amounts in thousands) Community Insurance Total Beginning balance, January 1, 2015 $ 91,455 $ 9,267 $ 100,722 Acquisitions and dispositions, net — (324 ) (324 ) Cash consideration paid — 88 88 Ending balance, December 31, 2015 $ 91,455 $ 9,031 $ 100,486 Beginning balance, January 1, 2014 $ 96,541 $ 8,914 $ 105,455 Acquisitions and dispositions, net (6,454 ) — (6,454 ) Cash consideration paid 1,368 353 1,721 Ending balance, December 31, 2014 $ 91,455 $ 9,267 $ 100,722 Beginning balance, January 1, 2013 $ 96,717 $ 8,149 $ 104,866 Acquisitions and dispositions, net (176 ) 324 148 Cash consideration paid — 441 441 Ending balance, December 31, 2013 $ 96,541 $ 8,914 $ 105,455 Other Intangible Assets The Company’s intangible assets also include core deposit and other identifiable intangible assets. Core deposit intangible assets are amortized over their estimated useful lives that range from 7 to 11 years. As of December 31, 2015, the remaining lives of core deposit intangible assets ranged from 8 months to 10 years, and the weighted average remaining life was 9 years. Other identifiable intangible assets are amortized using the straight-line method and consist primarily of the value assigned to contractual rights arising from insurance agency acquisitions. The following table presents the components of other intangible assets, by reporting unit, as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Community Insurance Total Community Insurance Total Core deposit intangibles $ 12,282 $ — $ 12,282 $ 12,282 $ — $ 12,282 Accumulated amortization (7,958 ) — (7,958 ) (7,148 ) — (7,148 ) Core deposit intangibles, net 4,324 — 4,324 5,134 — 5,134 Other identifiable intangibles 535 3,711 4,246 535 3,711 4,246 Accumulated amortization (464 ) (2,863 ) (3,327 ) (437 ) (2,522 ) (2,959 ) Other identifiable intangibles, net 71 848 919 98 1,189 1,287 Total other intangible assets, net $ 4,395 $ 848 $ 5,243 $ 5,232 $ 1,189 $ 6,421 Amortization expense for other intangible assets was $1.12 million in 2015, $787 thousand in 2014, and $729 thousand in 2013. The following schedule presents the estimated amortization expense for intangible assets, by year, as of December 31, 2015: (Amounts in thousands) 2016 $ 1,034 2017 821 2018 624 2019 438 2020 438 2021 and thereafter 1,845 $ 5,200

Deposits

Deposits	12 Months Ended
	Dec. 31, 2015
Deposits	Note 10. Deposits The following table presents the components of deposits as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Noninterest-bearing demand deposits $ 451,511 $ 417,729 Interest-bearing deposits: Interest-bearing demand deposits 347,705 353,874 Money market accounts 213,982 225,196 Savings deposits 316,603 300,282 Certificates of deposit 408,519 557,352 Individual retirement accounts 134,939 146,326 Total interest-bearing deposits 1,421,748 1,583,030 Total deposits $ 1,873,259 $ 2,000,759 The following schedule presents the contractual maturities of time deposits as of December 31, 2015: (Amounts in thousands) 2016 $ 286,687 2017 77,117 2018 61,662 2019 45,874 2020 69,796 2021 and thereafter 2,322 $ 543,458 Time deposits of $250 thousand or more totaled $41.35 million as of December 31, 2015, and $60.27 million as of December 31, 2014. The following schedule presents the contractual maturities of time deposits of $250 thousand or more as of December 31, 2015: (Amounts in thousands) Three months or less $ 6,813 Over three through six months 4,700 Over six through twelve months 7,401 Over twelve months 22,433 $ 41,347

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2015
Borrowings	Note 11. Borrowings Short-term borrowings generally consist of federal funds purchased and retail repurchase agreements, which are typically collateralized with agency MBS. Long-term borrowings consist of wholesale repurchase agreements; FHLB borrowings, including convertible and callable advances; and other obligations. The following table presents the composition of borrowings as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Balance Weighted (1) Balance Weighted (1) Federal funds purchased $ — — $ — — Securities sold under agreements to repurchase: Retail 88,614 0.10 % 71,742 0.13 % Wholesale 50,000 3.71 % 50,000 3.71 % Total securities sold under agreements to repurchase 138,614 121,742 FHLB borrowings 65,000 4.03 % 90,000 4.07 % Subordinated debt 15,464 15,464 Other debt 292 2,535 Total borrowings $ 219,370 $ 229,741 (1) Weighted average contractual rate The following schedule presents the remaining contractual maturities of repurchase agreements, by type of collateral pledged, as of December 31, 2015: (Amounts in thousands) Overnight and Up to 30 30-90 Days Greater Than Total U.S. Agency securities $ 71,588 $ — $ — $ — $ 71,588 Municipal securities — — — 1,047 1,047 Mortgage-backed Agency securities 15,016 202 — 50,761 65,979 Total $ 86,604 $ 202 $ — $ 51,808 $ 138,614 The following schedule presents the contractual maturities of wholesale repurchase agreements and FHLB borrowings, by year, as of December 31, 2015: (Amounts in thousands) Wholesale Repurchase FHLB Total 2016 $ 25,000 $ — $ 25,000 2017 — 15,000 15,000 2018 — — — 2019 25,000 — 25,000 2020 — — — 2021 and thereafter — 50,000 50,000 $ 50,000 $ 65,000 $ 115,000 Weighted average maturity (in years) 2.08 4.17 3.26 The counterparties to the repurchase agreements may call those borrowings, which could substantially shorten the lives of the borrowings. Prepayment, or unwind, of a repurchase agreement may result in substantial penalties based on market conditions. The FHLB may redeem callable advances at quarterly intervals, which could substantially shorten the lives of the advances. If called, the advance may be paid in full or converted into another FHLB credit product. Prepayment of an advance may result in substantial penalties based on the differential between the contractual note and current advance rate for similar maturities. The Company prepaid $25 million of a FHLB convertible advance bearing an interest rate of 4.15% that was scheduled to mature in 2017 during the second quarter of 2015. The prepayment penalty associated with the $25 million FHLB debt repayment totaled $1.70 million. The Company is required to pledge qualifying collateral to secure FHLB advances and letters of credit. As of December 31, 2015, the Company provided for FHLB letters of credit to collateralize public unit deposits totaling $22.69 million. FHLB borrowings were secured by qualifying loans that totaled $874.68 million as of December 31, 2015. Unused borrowing capacity with the FHLB, net of FHLB letters of credit, totaled $403.10 million as of December 31, 2015. Subordinated debt consists of Company-issued junior subordinated debentures (“Debentures”). The Company-issued Debentures totaling $15.46 million to the Trust in October 2003 with an interest rate of three-month London InterBank Offered Rate (“LIBOR”) plus 2.95%. The Trust was able to purchase the Debentures through the issuance of trust preferred securities, which had substantially identical terms as the Debentures. The Debentures mature on October 8, 2033, and are currently callable quarterly. Net proceeds from the offering were contributed as capital to the Bank to support further growth. The Company’s obligations under the Debentures and other relevant Trust agreements, in aggregate, constitute a full and unconditional guarantee by the Company of the Trust’s obligations. The preferred securities issued by the Trust are not included in the Company’s consolidated balance sheets; however, these securities qualify as Tier 1 capital for regulatory purposes, subject to guidelines issued by the Board of Governors of the Federal Reserve System (“Federal Reserve”). The Federal Reserve’s quantitative limits did not prevent the Company from including all $15.46 million in trust preferred securities outstanding in Tier 1 capital as of December 31, 2015, and December 31, 2014. The Company maintains a $15.00 million unsecured, committed line of credit with an unrelated financial institution that carries an interest rate of one-month LIBOR plus 2.00% and matures in April 2016. As of December 31, 2015, there was no outstanding balance on the line compared to an outstanding balance of $2.00 million as of December 31, 2014.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities	Note 12. Derivative Instruments and Hedging Activities The Company primarily uses derivative instruments to protect against the risk of adverse price or interest rate movements on the value of certain assets and liabilities and on future cash flows. Derivative instruments represent contracts between parties that usually require little or no initial net investment and result in one party delivering cash or another asset to the other party based on a notional amount and an underlying asset as specified in the contract. These derivative instruments may consist of interest rate swaps, floors, caps, collars, futures, forward contracts, and written and purchased options. Derivative instruments are subject to counterparty credit risk due to the possibility that the Company will incur a loss because a counterparty, which may be a bank, a broker-dealer or a customer, fails to meet its contractual obligations. This risk is measured as the expected positive replacement value of contracts. Derivative contracts may be executed only with exchanges or counterparties approved by the Company’s Asset/Liability Management Committee. As of December 31, 2015, the Company’s derivative instruments consisted of interest rate swaps. Generally, derivative instruments help the Company manage exposure to market risk and meet customer financing needs. Market risk represents the possibility that economic value or net interest income will be adversely affected by fluctuations in external factors such as interest rates, market-driven loan rates, prices, or other economic factors. Interest rate lock commitments (“IRLCs”) and forward sale loan commitments Interest rate swaps The Company entered into a fourteen-year, $1.20 million notional interest rate swap agreement in March 2015, a fifteen-year, $4.37 million notional interest rate swap agreement in February 2014, and a ten-year, $3.50 million notional interest rate swap agreement in October 2013. The loan hedged by the October 2013 swap paid off in 2014 and the swap was terminated. The swap agreements, which are accounted for as fair value hedges, and the loans hedged by the agreements are recorded at fair value. The fair value hedges were effective as of December 31, 2015. The following table presents the aggregate contractual or notional amounts and the fair values of the Company’s derivative instruments as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Notional or Contractual Derivative Derivative Notional or Derivative Derivative Derivatives designated as hedges: Interest rate swaps $ 5,335 $ — $ 251 $ 4,363 $ — $ 209 Derivatives not designated as hedges: IRLCs — — — 1,391 5 — Forward sale loan commitments — — — 3,183 — 5 Total derivatives not designated as hedges — — — 4,574 5 5 Total derivatives $ 5,335 $ — $ 251 $ 8,937 $ 5 $ 214 The following table presents the effect of the Company’s derivative and hedging activity, if applicable, on the statement of income in the periods indicated: Year Ended December 31, (Amounts in thousands) Income Statement Location 2015 2014 2013 Derivatives designated as hedges: Interest rate swaps Other income $ — $ — $ — Derivatives not designated as hedges: IRLCs Other income — — (169 ) Forward sale loan commitments Other income — — 41 Total derivatives not designated as hedges — — (128 ) Total derivatives $ — $ — $ (128 )

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2015
Employee Benefit Plans	Note 13. Employee Benefit Plans Employee Stock Ownership and Savings Plan The Company maintains the Employee Stock Ownership and Savings Plan (“KSOP”). Coverage under the plan is provided to all employees who meet minimum eligibility requirements. The KSOP held 428,785 shares of the Company’s common stock as of December 31, 2015, 457,765 shares as of December 31, 2014, and 499,075 shares as of December 31, 2013. Employer Stock Fund The Company made annual contributions to the stock feature within the KSOP at the discretion of the Board of Directors until December 31, 2006, when the plan was frozen to future contributions. Substantially all plan assets are invested in the Company’s common stock. All KSOP contributions beginning in 2007 have been made to the employee savings feature of the plan. Employee Savings Plan The Company provides a 401(k) savings feature within the KSOP. The Company makes matching contributions to employee deferrals at levels determined by the Board of Directors annually. Matching contributions are made in the first quarter following each plan year, and employees must be employed on the last day of the plan year to be eligible to receive the matching contribution. The cost of the Company’s matching contributions to qualified deferrals under the 401(k) savings component of the KSOP was $1.53 million in 2015, $1.58 million in 2014, and $1.61 million in 2013. Matching contributions for 2015 were made in cash and the Company’s common stock and matching contributions for 2014 and 2013 were made in cash. Employee Welfare Plan The Company provides various medical, dental, vision, life, accidental death and dismemberment, and long-term disability insurance benefits to all full-time employees who elect coverage under this program. A third-party administrator manages the health plan. Monthly employer and employee contributions are made to a tax-exempt employee benefits trust where the third-party administrator processes and pays claims. As of December 31, 2015, stop-loss insurance coverage generally limited the Company’s risk of loss to $125 thousand for individual claims and $4.08 million aggregate claims. Expenses related to the health plan were $3.06 million in 2015, $2.88 million in 2014, and $3.02 million in 2013. Deferred Compensation Plan The Company maintains deferred compensation agreements with certain current and former officers that provide benefit payments, over various periods, commencing at retirement or death. Accrued benefits totaled $458 thousand as of December 31, 2015, and $451 thousand as of December 31, 2014, which are based on the present values of expected payments and estimated life expectancies. Expenses related to the deferred compensation plan were $60 thousand in each of the three years ended December 31, 2015. Supplemental Executive Retention Plan The Company maintains the Supplemental Executive Retention Plan (“SERP”) for key members of senior management. The domestic noncontributory, nonqualified SERP provides for a defined benefit, at normal retirement age, targeted at 35% of the participant’s projected final average compensation, subject to a defined maximum annual benefit. Benefits under the SERP generally become payable at age 62. The SERP is an unfunded plan; thus, there are no plan assets. The following table presents the components of the SERP’s net periodic pension cost in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Service cost $ 133 $ 106 $ 135 Interest cost 281 290 246 Amortization of losses 7 — 49 Amortization of prior service cost 187 187 187 Net periodic cost $ 608 $ 583 $ 617 The actuarial benefit plan obligation was $7.08 million as of December 31, 2015, and $6.63 million as of December 31, 2014. The obligation as of December 31, 2015, included a $111 thousand actuarial loss. The assumed discount rate was increased to 4.62% as of December 31, 2015, compared to 4.41% as of December 31, 2014. The following schedule presents the projected benefit payments to be paid under the SERP, by year, as of December 31, 2015: (Amounts in thousands) 2016 $ 249 2017 352 2018 352 2019 350 2020 374 2021 through 2025 2,118 Directors’ Supplemental Retirement Plan The Company maintains the Directors’ Supplemental Retirement Plan (“Directors’ Plan”) for non-management directors. The domestic noncontributory, nonqualified Directors’ Plan provides for a defined benefit, at normal retirement age, up to 100% of the participant’s highest consecutive three-year average compensation. Benefits under the Directors’ Plan generally become payable at age 70. The Directors’ Plan is an unfunded plan; thus, there are no plan assets. The following table presents the components of the Directors’ Plan’s net periodic pension cost in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Service cost $ 47 $ 22 $ 26 Interest cost 53 46 41 Amortization of losses 60 — 1 Amortization of prior service cost 72 73 90 Net periodic cost $ 232 $ 141 $ 158 The actuarial benefit plan obligation was $1.31 million as of December 31, 2015, and $997 thousand as of December 31, 2014. The assumed discount rate increased to 4.62% as of December 31, 2015, compared to 4.41% as of December 31, 2014. The following schedule presents the projected benefit payments to be paid under the Directors’ Plan, by year, as of December 31, 2015: (Amounts in thousands) 2016 $ 84 2017 110 2018 108 2019 106 2020 149 2021 through 2025 702

Equity-Based Compensation

Equity-Based Compensation	12 Months Ended
	Dec. 31, 2015
Equity-Based Compensation	Note 14. Equity-Based Compensation The Company maintains equity-based compensation plans to promote the long-term success of the Company by encouraging officers, employees, directors, and other individuals performing services for the Company to focus on critical long-range objectives. The Company’s equity-based compensation plans include the 2012 Omnibus Equity Compensation Plan (“2012 Plan”), 2004 Omnibus Stock Option Plan, 2001 Director’s Option Plan, 1999 Stock Option Plan, and various other plans obtained through acquisitions. As of December 31, 2015, the 2012 Plan was the only plan available for the issuance of future grants. All plans issued or obtained before the 2012 Plan are frozen and no new grants may be issued; however, any options or awards unexercised and outstanding under those plans remain in effect per their respective terms. The 2012 Plan made available a total of 600,000 shares for potential grants of incentive stock options, nonqualified stock options, performance awards, restricted stock, restricted stock units, stock appreciation rights, bonus stock, and stock awards. Options granted under the 2012 Plan state the period of time the grant may be exercised, not to exceed more than ten years from the date granted. The Company’s Compensation and Retirement Committee determines the vesting period for each grant; however, if no vesting period is specified the vesting occurs in 25% increments on the first four anniversaries of the grant date. The following table presents the pre-tax compensation expense and excess tax benefit recognized in earnings for all equity-based compensation plans in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Pre-tax compensation expense $ 93 $ 349 $ 574 Excess tax benefit 8 5 9 Stock Options The Company uses the Black-Scholes valuation model to estimate the fair value of stock options at the grant date. The model incorporates the following assumptions: the expected volatility is based on the weekly historical volatility of the Company’s common stock price over the expected term of the option; the expected term is generally calculated using the shortcut method; the risk-free interest rate is based on the Treasury yield curve on the grant date with a term comparable to the grant; and the dividend yield is based on the Company’s dividend yield using the most recent dividend rate paid per share and trading price of the Company’s common stock. There were no stock options granted in 2015, 2014, or 2013. The following table presents stock option activity under the equity-based compensation plans in the period indicated: (Amounts in thousands, except share and per share data) Option Shares Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Outstanding, January 1, 2015 326,022 $ 20.54 Granted — — Exercised 4,323 12.64 Canceled 85,295 21.98 Outstanding, December 31, 2015 236,404 $ 20.17 5.5 $ 707 Exercisable, December 31, 2015 236,404 $ 20.17 5.5 $ 707 The aggregate intrinsic value of options exercised was $20 thousand in 2015, $13 thousand in 2014, and $22 thousand in 2013. As of December 31, 2015, there was no unrecognized compensation expense related to nonvested stock options. The actual compensation cost recognized will differ from this estimate due to various items, including new grants and changes in estimated forfeitures. Restricted Stock Awards Restricted stock awards represent shares issued upon grant that are restricted. The fair value of restricted stock awards is calculated using the Company’s common stock price on the grant date. The following table presents restricted stock activity under the equity-based compensation plans in the period indicated: Shares Weighted Average Grant-Date Nonvested, January 1, 2015 900 $ 16.24 Granted 9,654 16.90 Vested (5,227 ) 16.84 Canceled — — Nonvested, December 31, 2015 5,327 $ 16.85 As of December 31, 2015, unrecognized compensation cost related to nonvested restricted stock awards was $54 thousand with an expected weighted average recognition period of 0.56 years. The actual compensation cost recognized will differ from this estimate due to various items, including new awards granted and changes in estimated forfeitures. Performance Stock Awards Performance stock awards represent shares potentially issuable in the future. The fair values of performance stock awards are calculated using the Company’s stock price on the grant date. The following table presents performance stock activity under the 2012 Plan in the period indicated: Shares Weighted Average Grant-Date Nonvested, January 1, 2015 22,902 $ 15.79 Granted — — Vested (12,906 ) 15.77 Canceled (148 ) 15.56 Nonvested, December 31, 2015 9,848 $ 15.83 As of December 31, 2015, there was no unrecognized compensation cost related to nonvested performance stock awards. The actual compensation cost recognized will differ from this estimate due to various items, including new awards granted, changes in estimated forfeitures, and resolution of performance contingencies.

Other Operating Income and Expe

Other Operating Income and Expense	12 Months Ended
	Dec. 31, 2015
Other Operating Income and Expense	Note 15. Other Operating Income and Expense The following table presents the components of other operating income and expense in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Other operating income Increase in cash value of bank owned life insurance $ 1,690 $ 1,304 $ 1,162 Other (1) 2,439 3,051 4,073 Total other operating income $ 4,129 $ 4,355 $ 5,235 Other operating expense Service fees $ 3,401 $ 3,856 $ 3,157 OREO expense and net loss 2,438 2,094 2,037 ATM processing expenses 2,407 2,102 1,605 Telephone and data communications 1,595 1,715 1,707 Advertising and public relations 1,309 1,001 1,686 Professional fees 1,272 1,436 2,564 Office supplies 1,228 1,514 1,472 Premises and equipment write-downs 259 935 1,520 Other (1) 7,202 7,589 7,500 Total other operating expense $ 21,111 $ 22,242 $ 23,248 (1) Other components of other operating income or expense that do not exceed 1% of total income.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Taxes	Note 16. Income Taxes Income tax expense is comprised of current and deferred, federal and state income taxes on the Company’s pre-tax earnings. The following table presents the components of income tax expense in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Current tax expense (benefit): Federal $ (254 ) $ 7,234 $ 12,819 State 581 1,325 1,743 Total current tax expense 327 8,559 14,562 Deferred tax expense (benefit): Federal 10,034 2,971 (3,136 ) State 1,020 794 (518 ) Total deferred tax expense (benefit) 11,054 3,765 (3,654 ) Total income tax expense $ 11,381 $ 12,324 $ 10,908 Deferred taxes derived from continuing operations reflect the net effect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and amounts used for tax purposes. The following table presents the significant components of the net deferred tax asset as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Deferred tax assets: Allowance for loan losses $ 7,741 $ 7,519 Unrealized losses on available-for-sale securities 2,331 2,560 Unrealized asset losses 1,511 4,477 Purchase accounting 5,014 5,343 FDIC assisted transactions 6,551 6,582 Intangible assets 4,082 7,584 Deferred compensation assets 4,529 4,421 Other deferred tax assets 2,578 6,427 Total deferred tax assets 34,337 44,913 Deferred tax liabilities: FDIC indemnification asset 13,162 12,548 Fixed assets 2,658 2,453 Odd days interest deferral 1,975 2,007 Other 347 442 Total deferred tax liabilities 18,142 17,450 Net deferred tax asset $ 16,195 $ 27,463 The Company’s effective tax rate, defined as income tax expense divided by pre-tax income, may vary significantly from the statutory rate due to permanent differences and available tax credits. Permanent differences are income and expense items excluded by law in the calculation of taxable income. The Company’s most significant permanent differences include income on municipal securities, which are exempt from federal income tax, income on bank-owned life insurance, and tax credits generated by investments in low income housing and rehabilitation of historic structures. The following table reconciles the federal statutory tax rate to the Company’s effective tax rate from continuing operations in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Federal statutory tax rate 35.00 % 35.00 % 35.00 % (Reduction) increase resulting from: Tax-exempt interest (4.07 ) (4.35 ) (5.14 ) State income taxes, net of federal benefit 1.78 2.66 2.35 Bank owned life insurance (1.92 ) (1.47 ) (1.48 ) Other, net 0.89 0.75 1.15 Effective tax rate 31.68 % 32.59 % 31.88 %

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	12 Months Ended
	Dec. 31, 2015
Accumulated Other Comprehensive Income	Note 17. Accumulated Other Comprehensive Income The following table presents the activity in AOCI, net of tax, by component for the periods indicated: (Amounts in thousands) Unrealized Gains (Losses) Employee Total Beginning balance, January 1, 2015 $ (4,266 ) $ (1,339 ) $ (5,605 ) Other comprehensive gain before reclassifications 291 180 471 Reclassified from AOCI 90 (203 ) (113 ) Net comprehensive gain (loss) 381 (23 ) 358 Ending balance, December 31, 2015 $ (3,885 ) $ (1,362 ) $ (5,247 ) Beginning balance, January 1, 2014 $ (13,640 ) $ (1,100 ) $ (14,740 ) Other comprehensive gain (loss) before reclassifications 10,697 (77 ) 10,620 Reclassified from AOCI (1,323 ) (162 ) (1,485 ) Net comprehensive gain (loss) 9,374 (239 ) 9,135 Ending balance, December 31, 2014 $ (4,266 ) $ (1,339 ) $ (5,605 ) Beginning balance, January 1, 2013 $ (283 ) $ (1,542 ) $ (1,825 ) Other comprehensive (loss) gain before reclassifications (13,406 ) 647 (12,759 ) Reclassified from AOCI 49 (205 ) (156 ) Net comprehensive (loss) gain (13,357 ) 442 (12,915 ) Ending balance, December 31, 2013 $ (13,640 ) $ (1,100 ) $ (14,740 ) The following table presents reclassifications out of AOCI by component in the periods indicated: Year Ended December 31, Income Statement Line Item Affected (Amounts in thousands) 2015 2014 2013 Available-for-sale securities Gains (losses) realized in net income $ 144 $ (1,385 ) $ 399 Net gain (loss) on sale of securities Credit-related OTTI recognized in net income — (737 ) (320 ) Net impairment losses recognized in earnings 144 (2,122 ) 79 Income before taxes Income tax effect 54 (799 ) 30 Income tax expense (benefit) 90 (1,323 ) 49 Net income Employee benefit plans Amortization of prior service cost (260 ) (260 ) (277 ) (1) Amortization of losses (66 ) — (50 ) (1) (326 ) (260 ) (327 ) Income before taxes Income tax effect (123 ) (98 ) (122 ) Income tax expense (benefit) (203 ) (162 ) (205 ) Net income Reclassified from AOCI, net of tax $ (113 ) $ (1,485 ) $ (156 ) Net income (1) Amortization is included in net periodic pension cost. See Note 13, “Employee Benefit Plans.”

Fair Value

Fair Value	12 Months Ended
	Dec. 31, 2015
Fair Value	Note 18. Fair Value Financial Instruments Measured at Fair Value Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments under the valuation hierarchy, is presented in the following discussion. The fair value hierarchy ranks the inputs used in measuring fair value as follows: • Level 1 – Observable, unadjusted quoted prices in active markets • Level 2 – Inputs other than quoted prices included in Level 1 that are directly or indirectly observable for the asset or liability • Level 3 – Unobservable inputs with little or no market activity that require the Company to use reasonable inputs and assumptions The Company uses fair value measurements to record adjustments to certain financial assets and liabilities on a recurring basis. Additionally, the Company may be required to record certain assets at fair value on a nonrecurring basis in specific circumstances, such as evidence of impairment. Methodologies used to determine fair value might be highly subjective and judgmental in nature, such as cash flow estimates, risk characteristics, credit quality measurements, and interest rates; therefore, valuations may not be precise. Since fair values are estimated as of a specific date, the amounts actually realized or paid on the settlement or maturity of these instruments may be significantly different from estimates. See Note 1, “Summary of Significant Accounting Policies,” to the Consolidated Financial Statements of this report. Assets and Liabilities Reported at Fair Value on a Recurring Basis Available-for-Sale Securities Fair value models may be required when trading activity has declined significantly or does not exist, prices are not current, or pricing variations are significant. For Level 3 securities, the Company obtains the cash flow of specific securities from third parties that use modeling software to determine cash flows based on market participant data and knowledge of the structures of each individual security. The fair values of Level 3 securities are determined by applying proper market observable discount rates to the cash flow derived from third-party models. Discount rates are developed by determining credit spreads above a benchmark rate, such as LIBOR, and adding premiums for illiquidity, which are based on a comparison of initial issuance spread to LIBOR versus a financial sector curve for recently issued debt to LIBOR. Securities with increased uncertainty about the receipt of cash flows are discounted at higher rates due to the addition of a deal specific credit premium based on assumptions about the performance of the underlying collateral. Finally, internal fair value model pricing and external pricing observations are combined by assigning weights to each pricing observation. Pricing is reviewed for reasonableness based on the direction of the specific markets and the general economic indicators. Loans Held for Investment Deferred Compensation Assets and Liabilities Derivative Assets and Liabilities The following tables summarize financial assets and liabilities recorded at fair value on a recurring basis, segregated by the level of valuation inputs in the fair value hierarchy, as of the dates indicated: December 31, 2015 Total Fair Value Fair Value Measurements Using (Amounts in thousands) Level 1 Level 2 Level 3 Available-for-sale securities: U.S. Agency securities $ 30,702 $ — $ 30,702 $ — Municipal securities 128,678 — 128,678 — Single issue trust preferred securities 47,832 — 47,832 — Corporate securities 70,333 — 70,333 — Certificates of deposit 5,000 — 5,000 — Agency MBS 83,556 — 83,556 — Equity securities 72 54 18 — Total available-for-sale securities $ 366,173 $ 54 $ 366,119 $ — Fair value loans $ 4,886 $ — $ 4,886 $ — Deferred compensation assets $ 3,464 $ 3,464 $ — $ — Deferred compensation liabilities $ 3,464 $ 3,464 $ — $ — Derivative liabilities Interest rate swaps $ 251 $ — $ 251 $ — Total derivative liabilities $ 251 $ — $ 251 $ — December 31, 2014 Total Fair Value Fair Value Measurements Using (Amounts in thousands) Level 1 Level 2 Level 3 Available-for-sale securities: U.S. Agency securities $ 33,598 $ — $ 33,598 $ — Municipal securities 138,915 — 138,915 — Single issue trust preferred securities 46,137 — 46,137 — Corporate securities 5,109 — 5,109 — Agency MBS 102,119 — 102,119 — Equity securities 239 221 18 — Total available-for-sale securities $ 326,117 $ 221 $ 325,896 $ — Fair value loans $ 3,406 $ — $ 3,406 $ — Deferred compensation assets $ 3,380 $ 3,380 $ — $ — Derivative assets Forward sale loan commitments $ 5 $ — $ 5 $ — Total derivative assets $ 5 $ — $ 5 $ — Deferred compensation liabilities $ 3,380 $ 3,380 $ — $ — Derivative liabilities Interest rate swaps $ 209 $ — $ 209 $ — IRLCs 5 — 5 — Total derivative liabilities $ 214 $ — $ 214 $ — There were no changes in valuation techniques during the years ended December 31, 2015 or 2014. If the Company determines that a valuation technique change is necessary, the change is assumed to have occurred at the end of the respective reporting period. In addition, there were no transfers into or out of Level 3 of the fair value hierarchy during the years ended December 31, 2015 or 2014. Assets Measured at Fair Value on a Nonrecurring Basis Impaired Loans The Company maintains an active and robust problem credit identification system. The impairment review includes obtaining third-party collateral valuations to help management identify potential credit impairment and determine the amount of impairment to record. The Company’s Special Assets staff assumes the management and monitoring of all loans determined to be impaired. Internal collateral valuations are generally performed within two to four weeks of identifying the initial potential impairment. The internal valuation compares the original appraisal to current local real estate market conditions and considers experience and expected liquidation costs. A third-party valuation is typically received within thirty to forty-five days of completing the internal valuation. When a third-party valuation is received, it is reviewed for reasonableness. Once the valuation is reviewed and accepted, discounts are applied to fair market value, based on, but not limited to, our historical liquidation experience for like collateral, resulting in an estimated net realizable value. The estimated net realizable value is compared to the outstanding loan balance to determine the appropriate amount of specific impairment reserve. Specific reserves are generally recorded for impaired loans while third-party valuations are in process and for impaired loans that continue to make some form of payment. While waiting to receive the third-party appraisal, the Company regularly reviews the relationship to identify any potential adverse developments and begins the tasks necessary to gain control of the collateral and prepare it for liquidation, including, but not limited to, engagement of counsel, inspection of collateral, and continued communication with the borrower. Generally, the only difference between the current appraised value, less liquidation costs, and the carrying amount of the loan, less the specific reserve, is any downward adjustment to the appraised value that the Company deems appropriate, such as the costs to sell the property. Impaired loans that do not meet certain criteria and do not have a specific reserve have typically been written down through partial charge-offs to net realizable value. Based on prior experience, the Company rarely returns loans to performing status after they have been partially charged off. Credits identified as impaired move quickly through the process towards ultimate resolution, except in cases involving bankruptcy and various state judicial processes that may extend the time for ultimate resolution. Other Real Estate Owned The following tables summarize assets measured at fair value on a nonrecurring basis, segregated by the level of valuation inputs in the fair value hierarchy, in the periods indicated: December 31, 2015 Total Fair Value Fair Value Measurements Using (Amounts in thousands) Level 1 Level 2 Level 3 Impaired loans not covered by loss share agreements $ 9,164 — — $ 9,164 OREO, not covered by loss share agreements 4,819 — — 4,819 OREO, covered by loss share agreements 4,034 — — 4,034 December 31, 2014 Total Fair Value Fair Value Measurements Using (Amounts in thousands) Level 1 Level 2 Level 3 Impaired loans not covered by loss share agreements $ 4,999 — — $ 4,999 OREO, not covered by loss share agreements 5,462 — — 5,462 OREO, covered by loss share agreements 5,247 — — 5,247 Quantitative Information about Level 3 Fair Value Measurements The following table presents quantitative information for assets measured at fair value on a nonrecurring basis using Level 3 valuation inputs in the periods indicated: Valuation Technique Unobservable Input Range (Weighted Average) December 31, 2015 December 31, 2014 Impaired loans Discounted appraisals (1) Appraisal adjustments (2) 1% to 39% (21%) 1% to 33% (22%) OREO, not covered Discounted appraisals (1) Appraisal adjustments (2) 1% to 100% (33%) 10% to 47% (26%) OREO, covered Discounted appraisals (1) Appraisal adjustments (2) 21% to 65% (46%) 10% to 52% (44%) (1) Fair value is generally based on appraisals of the underlying collateral. (2) Appraisals may be adjusted by management for customized discounting criteria, estimated sales costs, and proprietary qualitative adjustments. Fair Value of Financial Instruments The Company uses various methodologies and assumptions to estimate the fair value of certain financial instruments. A description of the valuation methodologies used for instruments not previously discussed is as follows: Cash and Cash Equivalents Held-to-Maturity Securities Loans Held for Sale FDIC Indemnification Asset Accrued Interest Receivable/Payable Deposits and Securities Sold Under Agreements to Repurchase FHLB and Other Borrowings Off-Balance Sheet Instruments The following tables present the carrying amount and fair value of the Company’s financial instruments, segregated by the level of valuation inputs in the fair value hierarchy, as of the dates indicated: December 31, 2015 Carrying Fair Value Measurements Using (Amounts in thousands) Amount Fair Value Level 1 Level 2 Level 3 Assets Cash and cash equivalents $ 51,787 $ 51,787 $ 51,787 $ — $ — Available-for-sale securities 366,173 366,173 54 366,119 — Held-to-maturity securities 72,541 72,490 — 72,490 — Loans held for sale — — — — — Loans held for investment less allowance 1,686,308 1,685,061 — 5,137 1,679,924 FDIC indemnification asset 20,844 10,753 — — 10,753 Accrued interest receivable 6,007 6,007 — 6,007 — Derivative financial assets — — — — — Deferred compensation assets 3,464 3,464 3,464 — — Liabilities Demand deposits $ 451,511 $ 451,511 $ — $ 451,511 $ — Interest-bearing demand deposits 347,705 347,705 — 347,705 — Savings deposits 530,585 530,585 — 530,585 — Time deposits 543,458 541,059 — 541,059 — Securities sold under agreements to repurchase 138,614 140,880 — 140,880 — Accrued interest payable 1,260 1,260 — 1,260 — FHLB and other borrowings 80,756 85,774 — 85,774 — Derivative financial liabilities 251 251 — 251 — Deferred compensation liabilities 3,464 3,464 3,464 — — December 31, 2014 Carrying Fair Value Measurements Using (Amounts in thousands) Amount Fair Value Level 1 Level 2 Level 3 Assets Cash and cash equivalents $ 237,660 $ 237,660 $ 237,660 $ — $ — Available-for-sale securities 326,117 326,117 221 325,896 — Held-to-maturity securities 57,948 57,889 — 57,889 — Loans held for sale 1,792 1,790 — 1,790 — Loans held for investment less allowance 1,669,189 1,738,553 — 3,406 1,735,147 FDIC indemnification asset 27,900 18,040 — — 18,040 Accrued interest receivable 6,315 6,315 — 6,315 — Derivative financial assets 5 5 — 5 — Deferred compensation assets 3,380 3,380 3,380 — — Liabilities Demand deposits $ 417,729 $ 417,729 $ — $ 417,729 $ — Interest-bearing demand deposits 353,874 353,874 — 353,874 — Savings deposits 525,478 525,478 — 525,478 — Time deposits 703,678 704,590 — 704,590 — Securities sold under agreements to repurchase 121,742 123,114 — 123,114 — Accrued interest payable 1,668 1,668 — 1,668 — FHLB and other borrowings 107,999 116,599 — 116,599 — Derivative financial liabilities 214 214 — 214 — Deferred compensation liabilities 3,380 3,380 3,380 — —

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions	Note 19. Related Party Transactions The Company is involved in certain transactions with related parties in the normal course of business. Related parties include directors and executive officers and the immediate family members, business interests, and affiliates of such directors and officers. All loans and commitments with related parties have been made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with unrelated parties. The following table summarizes deposit and loan activity with related parties in the periods indicated: (Amounts in thousands) Deposits Loans Beginning balance, January 1, 2015 $ 3,820 $ 22,826 Increase in accounts, including new accounts 4,084 1,066 Decrease in accounts, including closed accounts (1,356 ) (2,006 ) Net change 2,728 (940 ) Ending balance, December 31, 2015 $ 6,548 $ 21,886 Beginning balance, January 1, 2014 $ 2,922 $ 17,181 Increase in accounts, including new accounts 1,321 6,123 Decrease in accounts, including closed accounts (423 ) (478 ) Net change 898 5,645 Ending balance, December 31, 2014 $ 3,820 $ 22,826 Beginning balance, January 1, 2013 $ 2,589 $ 16,617 Increase in accounts, including new accounts 907 2,037 Decrease in accounts, including closed accounts (574 ) (1,473 ) Net change 333 564 Ending balance, December 31, 2013 $ 2,922 $ 17,181 Changes in the composition of the Company’s subsidiary board members and executive officers resulted in a net decrease in deposits of $420 thousand in 2015 compared to a net increase of $481 thousand in 2014 and $103 thousand in 2013. Changes in the composition of the Company’s subsidiary board members and executive officers resulted in no change to loans in 2015 compared to a net increase of $5.47 million in 2014 and a net decrease in loans of $613 thousand in 2013. The Company’s other operating expense includes certain expenses associated with related parties. Legal fees paid to related parties totaled $88 thousand in 2015, $27 thousand in 2014, and $57 thousand in 2013. Lease expense paid to related parties totaled $95 thousand in 2015, $92 thousand in 2014, and $134 thousand in 2013. Other expense paid to related parties totaled $21 thousand in 2015.

Litigation, Commitments, and Co

Litigation, Commitments, and Contingencies	12 Months Ended
	Dec. 31, 2015
Litigation, Commitments, and Contingencies	Note 20. Litigation, Commitments, and Contingencies Litigation In the normal course of business, the Company is a defendant in various legal actions and asserted claims. While the Company and its legal counsel are unable to assess the ultimate outcome of each of these matters with certainty, the Company believes the resolution of these actions, singly or in the aggregate, should not have a material adverse effect on the financial condition, results of operations or cash flows of the Company. Commitments and Contingencies The Company is a party to financial instruments with off-balance on-balance Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case Standby letters of credit and financial guarantees are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending credit to customers. The amount of collateral obtained, if deemed necessary, to secure the customer’s performance under certain letters of credit is based on management’s credit evaluation of the customer. The following table presents the Company’s off-balance sheet financial instruments as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Commitments to extend credit $ 235,302 $ 236,471 Commitments related to secondary market mortgage loans — 1,391 Standby letters of credit and financial guarantees 7,765 3,581 Total off-balance sheet risk $ 243,067 $ 241,443 Reserve for unfunded commitments $ 326 $ 326 The Company provided for letters of credit with the FHLB totaling $22.69 million as of December 31, 2015, and $6.18 million as of December 31, 2014. The FHLB letters of credit provide an attractive alternative to pledging securities for public unit deposits. The Company issued $15.46 million of trust preferred securities in a private placement through the Trust. The Company has committed to irrevocably and unconditionally guarantee the following payments or distributions to holders of the trust preferred securities to the extent the Trust has not made such payments or distributions and the Company has the funds available: accrued and unpaid distributions, the redemption price, and, upon a dissolution or termination of the Trust, the lesser of the liquidation amount and all accrued and unpaid distributions and the amount of assets of the Trust remaining available for distribution.

Regulatory Capital Requirements

Regulatory Capital Requirements and Restrictions	12 Months Ended
	Dec. 31, 2015
Regulatory Capital Requirements and Restrictions	Note 21. Regulatory Capital Requirements and Restrictions The Company and the Bank are subject to various regulatory capital requirements administered by state and federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Under the capital adequacy guidelines and the regulatory framework for prompt corrective action, which applies only to the Bank, the Bank must meet specific capital guidelines that involve quantitative measures of the entity’s balance sheet assets and off-balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Basel III Capital Rules became effective on January 1, 2015, subject to a four-year phase-in period. Quantitative measures established by the Basel III Capital Rules to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios of common equity Tier 1 capital, total capital, and Tier 1 capital, as defined in the regulations, to risk-weighted assets, as defined, and of Tier 1 capital to adjusted quarterly average assets, as defined. The following table presents actual and required capital ratios as of December 31, 2015, under the Basel III Capital Rules. The minimum required capital amounts presented include the minimum capital levels as of December 31, 2015, based on the phase-in provisions of the Basel III Capital Rules and the minimum required capital levels as of January 1, 2019, when the Basel III Capital Rules are fully phased in. A detailed description of the Basel III Capital Rules is included in Item 1, “Capital Adequacy Requirements” in Part I of this report. December 31, 2015 Actual Minimum Capital Minimum Capital To Be Well (Amounts in thousands) Amount Ratio Amount Ratio Amount Ratio Amount Ratio Common Equity Tier 1 Ratio First Community Bancshares, Inc. $ 246,237 14.54 % $ 76,196 4.50 % $ 118,527 7.00 % NA NA First Community Bank 228,669 13.60 % 75,682 4.50 % 117,728 7.00 % 109,319 6.50 % Total Capital to Risk-Weighted Assets First Community Bancshares, Inc. 269,998 15.95 % 135,459 8.00 % 177,791 10.50 % NA NA First Community Bank 249,228 14.82 % 134,546 8.00 % 176,592 10.50 % 168,183 10.00 % Tier 1 Capital to Risk-Weighted Assets First Community Bancshares, Inc. 249,436 14.73 % 101,595 6.00 % 143,926 8.50 % NA NA First Community Bank 228,669 13.60 % 100,910 6.00 % 142,955 8.50 % 134,546 8.00 % Tier 1 Capital to Average Assets (Leverage) First Community Bancshares, Inc. 249,436 10.62 % 93,935 4.00 % 93,935 4.00 % NA NA First Community Bank 228,669 9.77 % 93,616 4.00 % 93,616 4.00 % 117,020 5.00 % The following table presents the Company’s and the Bank’s actual and required capital ratios as of December 31, 2014, under the regulatory capital rules then in effect. December 31, 2014 Actual For Capital To Be Well (Amounts in thousands) Amount Ratio Amount Ratio Amount Ratio Total Capital to Risk-Weighted Assets First Community Bancshares, Inc. $ 284,999 17.68 % $ 128,962 8.00 % N/A N/A First Community Bank 251,256 15.73 % 127,761 8.00 % $ 159,701 10.00 % Tier 1 Capital to Risk-Weighted Assets First Community Bancshares, Inc. 264,838 16.43 % 64,481 4.00 % N/A N/A First Community Bank 231,286 14.48 % 63,881 4.00 % 95,821 6.00 % Tier 1 Capital to Average Assets (Leverage) First Community Bancshares, Inc. 264,838 10.12 % 104,679 4.00 % N/A N/A First Community Bank 231,286 8.87 % 104,330 4.00 % 130,412 5.00 % As of December 31, 2015, the Company and the Bank continued to meet all capital adequacy requirements. As of December 31, 2015, the most recent notifications from regulators continued to categorize the Bank as well capitalized under the regulatory framework for prompt corrective action. Management believes there have been no conditions or events since those notifications that would change the Bank’s classification. Additionally, our capital ratios were in excess of the minimum standards under the Basel III Capital Rules on a fully phased-in basis, if such requirements were in effect, as of December 31, 2015. The primary source of funds for dividends paid by the Company to shareholders is dividends received from the Bank, which are subject to banking regulation restrictions. Approval by regulatory authorities is required to declare dividends if the dividends are to be paid in something other than cash, if the cumulative dividend payment exceeds the net retained income of the current year to date plus the retained net income of the preceding two years, or if payment of the dividend would cause the Bank to become undercapitalized.

Parent Company Financial Inform

Parent Company Financial Information	12 Months Ended
	Dec. 31, 2015
Parent Company Financial Information	Note 22. Parent Company Financial Information The following tables present condensed financial information for the parent company as of the dates and in the periods indicated: CONDENSED BALANCE SHEETS December 31, (Amounts in thousands) 2015 2014 Assets Cash and due from banks $ 8,367 $ 21,646 Securities available for sale 8,459 8,172 Investment in subsidiary 336,311 334,155 Other assets 5,489 5,100 Total assets $ 358,626 $ 369,073 Liabilities Other borrowings $ 145 $ 2,235 Subordinated debt 15,464 15,464 Total liabilities 15,609 17,699 Stockholders’ Equity Preferred stock — 15,151 Common stock 21,382 20,500 Additional paid-in capital 227,692 215,873 Retained earnings 154,550 140,014 Treasury stock (56,457 ) (35,751 ) Accumulated other comprehensive loss (4,150 ) (4,413 ) Total stockholders’ equity 343,017 351,374 Total liabilities and stockholders’ equity $ 358,626 $ 369,073 CONDENSED STATEMENTS OF INCOME Years Ended December 31, (Amounts in thousands) 2015 2014 2013 Cash dividends received from subsidiary bank $ 22,970 $ 14,148 $ 43,900 Other income 1,039 515 726 Operating expense (2,080 ) (1,793 ) (1,647 ) Income tax expense 616 511 368 Equity in undistributed earnings of subsidiary 1,995 12,109 (20,035 ) Net income 24,540 25,490 23,312 Dividends on preferred stock 105 910 1,024 Net income available to common shareholders $ 24,435 $ 24,580 $ 22,288 CONDENSED STATEMENTS OF CASH FLOWS Years Ended December 31, (Amounts in thousands) 2015 2014 2013 Operating activities Net income $ 24,540 $ 25,490 $ 23,312 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of subsidiary (1,995 ) (12,109 ) 20,035 (Gain) loss on sale of securities (38 ) 2 (193 ) Decrease (increase) in other assets 1,104 4,624 (5,293 ) (Decrease) increase in other liabilities (1,773 ) (347 ) 333 Decrease (increase) in other operating activities 43 (65 ) (106 ) Net cash provided by operating activities 21,881 17,595 38,088 Investing activities Proceeds from sales of securities available-for-sale 199 5,030 3,380 Payments to acquire securities available-for-sale — — (5,000 ) Investment in subsidiary — (2,000 ) — Net cash provided by (used in) investing activities 199 3,030 (1,620 ) Financing activities (Repayments of) proceeds from other borrowings (2,000 ) 2,000 — Redemption of preferred stock (2,367 ) — — Proceeds from stock options exercised 264 89 789 Payments for repurchase of treasury stock (21,525 ) (2,168 ) (28,421 ) Payments of common dividends (9,994 ) (9,200 ) (9,476 ) Payments of preferred dividends (219 ) (910 ) (992 ) Proceeds from other financing activities 482 338 28 Net cash used in financing activities (35,359 ) (9,851 ) (38,072 ) Net (decrease) increase in cash and cash equivalents (13,279 ) 10,774 (1,604 ) Cash and cash equivalents at beginning of year 21,646 10,872 12,476 Cash and cash equivalents at end of year $ 8,367 $ 21,646 $ 10,872

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Data (Unaudited)	Note 23. Quarterly Financial Data (Unaudited) The following tables present selected financial data by quarter for the periods indicated: Year Ended December 31, 2015 (Amounts in thousands, except share and per share data) First Quarter Second Third Quarter Fourth Interest income $ 24,098 $ 23,979 $ 24,348 $ 23,677 Interest expense 3,259 2,909 2,679 2,502 Net interest income 20,839 21,070 21,669 21,175 Provision for loan losses 1,100 276 381 434 Net interest income after provision for loan losses 19,739 20,794 21,288 20,741 Other income, excluding net (loss) gain on sale of securities 6,859 7,924 7,113 7,490 Net (loss) gain on sale of securities (23 ) 213 (39 ) (7 ) Total noninterest expense 17,780 20,289 19,019 19,083 Income before income taxes 8,795 8,642 9,343 9,141 Income tax 2,837 2,467 3,084 2,993 Net income 5,958 6,175 6,259 6,148 Dividends on preferred stock 105 — — — Net income available to common shareholders $ 5,853 $ 6,175 $ 6,259 $ 6,148 Basic earnings per common share $ 0.31 $ 0.33 $ 0.34 $ 0.34 Diluted earnings per common share 0.31 0.33 0.34 0.34 Dividend per common share 0.13 0.13 0.14 0.14 Weighted average basic shares outstanding 18,633,574 18,831,742 18,470,348 18,193,824 Weighted average diluted shares outstanding 19,344,443 18,860,119 18,500,975 18,226,719 Year Ended December 31, 2014 (Amounts in thousands, except share and per share data) First Quarter Second Third Quarter Fourth Interest income $ 26,083 $ 26,093 $ 25,751 $ 28,181 Interest expense 4,058 4,025 3,736 3,471 Net interest income 22,025 22,068 22,015 24,710 Provision for (recovery of) loan losses 1,793 1,279 (2,439 ) (488 ) Net interest income after provision for loan losses 20,232 20,789 24,454 25,198 Other income, excluding net gain (loss) on sale of securities 7,189 7,663 7,347 9,189 Net gain (loss) on sale of securities 45 (59 ) 320 (1,691 ) Total noninterest expense 19,180 18,163 21,469 24,050 Income before income taxes 8,286 10,230 10,652 8,646 Income tax 2,561 3,223 3,609 2,931 Net income 5,725 7,007 7,043 5,715 Dividends on preferred stock 228 227 228 227 Net income available to common shareholders $ 5,497 $ 6,780 $ 6,815 $ 5,488 Basic earnings per common share $ 0.30 $ 0.37 $ 0.37 $ 0.30 Diluted earnings per common share 0.29 0.36 0.36 0.29 Dividend per common share 0.12 0.12 0.13 0.13 Weighted average basic shares outstanding 18,423,123 18,395,996 18,402,764 18,403,959 Weighted average diluted shares outstanding 19,506,647 19,457,237 19,466,126 19,482,000

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events	Note 24. Subsequent Events On March 4, 2016, the Company announced that it had entered into agreements with First Bank, North Carolina, pursuant to which the Bank is swapping a portion of its North Carolina branch network for First Bank’s Virginia branch network. Under the agreements, the Bank will acquire seven branches in southwestern Virginia with deposits totaling approximately $150 million and sell six branches in the Winston-Salem and Mooresville areas of North Carolina with deposits totaling approximately $130 million. Additionally, the swap will include up to $175 million of loans. The branch exchange is intended to complement the Bank’s 2014 acquisition of seven branches from Bank of America. Subject to regulatory approval and the satisfaction of customary closing conditions, the transaction is expected to close in the third quarter of 2016.

Summary of Significant Accoun33

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Principles of Consolidation	Principles of Consolidation The accounting and reporting policies of the Company conform to generally accepted accounting principles (“GAAP”) in the United States and to predominant practices in the banking industry. The Company’s consolidated financial statements include the accounts of all wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Assets held in an agency or fiduciary capacity are not assets of the Company and are not included in the Company’s consolidated balance sheets. The Company has investments in certain entities that are considered variable interest entities (“VIEs”) under GAAP. These VIEs include the Company’s trust subsidiary, FCBI Capital Trust (the “Trust”); certain tax credit limited partnerships; and limited liability companies that provide aviation services, insurance brokerage, title insurance, and other related financial services. VIEs are legal entities in which the equity investors do not have sufficient equity at risk for the entity to independently finance its activities or the collective holders do not have the power through voting or similar rights to direct the activities of the entity that most significantly impact its economic performance, the obligation to absorb the expected losses of the entity, or the right to receive expected residual returns of the entity. Consolidation of a VIE is considered appropriate if a reporting entity is the primary beneficiary, the party that has both significant influence and control over the VIE. Management periodically performs a qualitative analysis to determine if the Company is the primary beneficiary of a VIE. This analysis includes review of the VIEs’ capital structures, contractual terms, and primary activities, including the Company’s ability to direct the activities of the VIEs and obligations to absorb losses, or the right to receive benefits, significant to the VIEs. Based on the Company’s analysis for the periods presented in this report, it is not the primary beneficiary of its VIEs. Since these entities do not meet the criteria for consolidation, they are reported in other assets in the Company’s consolidated balance sheets. The carrying value and maximum potential loss exposure of VIEs totaled $934 thousand as of December 31, 2015, and $1.26 million as of December 31, 2014.
Use of Estimates	Use of Estimates In preparing consolidated financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. The Company has identified the items that require the most subjective assumptions or complex judgments: investment securities, the allowance for loan losses, the provision for income taxes, and business combination, including intangible assets.
Reclassification	Reclassification Certain amounts reported in prior years have been reclassified to conform to the current year’s presentation. These reclassifications had no effect on the Company’s results of operations, financial position, or cash flow.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks, time deposits with other banks, federal funds sold, and interest-bearing balances on deposit with the Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) that are available for immediate withdrawal.
Investment Securities	Investment Securities Management determines the proper classification of securities at the time of purchase. Debt securities that management has the intent and ability to hold to maturity are classified as held-to-maturity securities and carried at amortized cost. Securities not classified as held to maturity, including equity securities with readily determinable fair values, are classified as available-for-sale securities and carried at estimated fair value. Securities classified as available for sale consist of securities management intends to hold for indefinite periods of time, including securities to be used as part of the Company’s asset/liability management strategy and securities that may be sold in response to changes in interest rates, prepayment risk, or other similar factors. Unrealized appreciation or depreciation in fair value above or below amortized cost is included in stockholders’ equity, net of income taxes, under the category of accumulated other comprehensive income (“AOCI”). Gains or losses on the call, maturity, or sale of investment securities are recorded based on the specific identification method. Purchase premiums and discounts are amortized or accreted over the life of a security into interest income. The Company performs an extensive quarterly review to determine if impairment exists in the investment portfolio. If a security is deemed impaired, management evaluates the causes of unrealized losses to determine whether the impairment is temporary or other-than-temporary in nature. If a security is determined to be other-than-temporarily impaired, the value of the security is reduced and a corresponding charge to noninterest income is recognized. If the other-than-temporary impairment (“OTTI”) is related to a debt security, the Company determines the amount of the impairment related to the credit loss, which is recognized in noninterest income, and the amount related to all other factors, which is recognized in other comprehensive income.
Loans Held for Sale	Loans Held for Sale Loans classified as held for sale are originated with the intent to sell in the secondary market. Loans held for sale consist primarily of one to four family residential loans and are carried at the lower of cost or estimated fair value as determined on an aggregate basis. These long-term, fixed rate loans are sold to investors on a best efforts basis; consequently, the Company does not absorb the interest rate risk involved in these loans. The fair value of loans held for sale is determined by quoted market prices for loans with similar coupon rates and terms. The Company may enter into interest rate lock commitments (“IRLCs”) with customers on mortgage loans intended to be sold in the secondary market and commitments to sell mortgages. These IRLCs and forward sale loan commitments are recorded at fair value in other assets and liabilities with any changes in fair value recognized in other income. These derivative instruments do not qualify as hedges. The fair value of IRLCs is determined by quoted market prices for loans with similar coupon rates and terms. The fair value of forward sale loan commitments is based on changes in the value of the commitment, principally because of changes in interest rates.
Loans Held for Investment	Loans Held for Investment Loans classified as held for investment are originated with the intent to hold indefinitely, until maturity, or until pay-off. Loans held for investment are carried at the principal amount outstanding, net of unearned income, less any write-downs necessary to reduce individual loans to net realizable value. Loan origination fees, including loan commitment and underwriting fees, are reduced by direct costs associated with loan processing, including salaries, legal review, and appraisal fees. Net deferred loan fees are deferred and amortized over the life of the related loan or commitment period. The Company maintains an active and robust problem credit identification system through its ongoing credit review function. When a credit is identified as exhibiting characteristics of weakening, the Company assesses the credit for potential impairment. Loans are considered impaired when, in the opinion of management and based on current information and events, the collection of principal and interest payments due under the contractual terms of the loan agreements are uncertain. The Company reviews loans with balances of $250 thousand or greater that are deemed to be impaired quarterly. Factors considered in determining impairment include, but are not limited to, the borrower’s cash flow and capacity for debt repayment, the valuation of collateral, historical loss percentages, and economic conditions. Impairment allowances allocated to individual loans, including individual credit relationships and loan pools grouped by similar risk characteristics, are reviewed quarterly by management. Interest income realized on impaired loans in nonaccrual status, if any, is recognized upon receipt. The accrual of interest, which is typically based on the daily amount of principal outstanding, on impaired loans is generally continued unless the loan becomes delinquent 90 days or more. The Company also monitors and manages past due loans. Loans are considered past due when either principal or interest payments become contractually delinquent by 30 days or more. The Company’s policy is to discontinue the accrual of interest, if warranted, on loans based on the payment status, evaluation of the related collateral, and the financial strength of the borrower. Loans that are 90 days or more past due are placed on nonaccrual status. Management may elect to continue the accrual of interest when the loan is well secured and in process of collection. When interest accruals are discontinued, interest accrued and not collected in the current year is reversed from income, and interest accrued and not collected from prior years is charged to the allowance for loan losses. Loans in nonaccrual status may be returned to accrual status provided the loan is brought current, all principal and interest amounts contractually due (including past due payments) are reasonably assured of repayment within a reasonable period, and there is a period of at least six months of repayment performance (one year for loans providing for quarterly or semi-annual payments) by the borrower in accordance with the contractual terms. Seriously delinquent loans are evaluated for loss mitigation options, including charge-off. Closed-end retail loans are generally charged off against the allowance for loan losses when the loans become 120 days past due. Open-end retail loans and residential real estate secured loans are generally charged off when the loans become 180 days past due. Unsecured loans are generally charged off when the loans become 90 days past due. All other loans are charged off against the allowance for loan losses after collection attempts have been exhausted, which generally is within 120 days. Recoveries of loans previously charged off are credited to the allowance for loan losses in the period received. Loans are considered troubled debt restructurings (“TDRs”) when the Company grants concessions, for legal or economic reasons, to borrowers experiencing financial difficulty that would not otherwise be considered. The Company generally makes concessions in interest rates, loan terms, and/or amortization terms. All TDRs $250 thousand or greater are evaluated for a specific reserve based on either the collateral or net present value method, whichever is most applicable. TDRs under $250 thousand are subject to the reserve calculation for classified loans based primarily on the historical loss rate. At the date of modification, nonaccrual loans are classified as nonaccrual TDRs. TDRs classified as nonperforming at the date of modification are returned to performing status after six months of satisfactory payment performance; however, these loans remain identified as impaired until full payment or other satisfaction of the obligation occurs.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is maintained at a level management deems sufficient to absorb probable loan losses inherent in the loan portfolio. The allowance is increased by charges to earnings in the form of provisions and recoveries of prior loan charge-offs and decreased by loans charged off. The provision is calculated and charged to earnings to bring the allowance to a level that, through a systematic process of measurement, reflects the amount management estimates is needed to absorb probable losses in the portfolio. While management uses its best judgment and information available, the ultimate adequacy of the allowance is dependent upon a variety of factors beyond the Company’s control: the performance of the Company’s loan portfolio, the economy, changes in interest rates, the view of regulatory authorities towards loan classifications, and other factors. While management has allocated the allowance for loan losses to specific loans and general portfolio segments, the entire allowance is available for use against any type of loan loss deemed appropriate by management. Management performs quarterly assessments to determine the appropriate level of the allowance for loan losses. The Company’s allowance is segmented into commercial, consumer real estate, and consumer and other loans with each segment divided into classes with similar characteristics, such as the type of loan and collateral. The allowance for loan losses includes specific allocations to significant individual loans and credit relationships and general reserves to the remaining loans that have been deemed impaired. Loans not specifically identified are grouped into pools based on similar risk characteristics. A loan that becomes adversely classified or graded is moved into a group of adversely classified or graded loans with similar risk characteristics for evaluation. Management’s general reserve allocations are based on judgments of qualitative and quantitative factors about macro and micro economic conditions reflected in the loan portfolio and the economy. No allowance for loan losses is carried over or established at acquisition for purchased loans acquired in business combinations. A provision for loan losses is recorded for any credit deterioration in purchased performing loans after the acquisition date. Purchased credit impaired (“PCI”) loans are grouped into pools and evaluated separately from the non-PCI portfolio. The Company estimates cash flows to be collected on PCI loans and discounts those cash flows at a market rate of interest. If cash flows for PCI loans are expected to decline, generally a provision for loan losses is charged to earnings, resulting in an increase to the allowance for loan losses. If cash flows for PCI loans are expected to improve, any previously established allowance is first reversed to the extent of prior charges and then interest income is increased using prospective yield adjustment over the remaining life of the loan, or pool of loans. Any provision established for PCI loans covered under the Federal Deposit Insurance Corporation (“FDIC”) loss share agreements is offset by an adjustment to the FDIC indemnification asset to reflect the indemnified portion of the post-acquisition exposure.
Other Real Estate Owned	Other Real Estate Owned Other real estate owned (“OREO”) acquired through foreclosure, or other settlement, is carried at the lower of cost or fair value less estimated selling costs. The fair value is generally based on current third-party appraisals. When a property is transferred into OREO, any excess of the loan balance over the net realizable fair value is charged against the allowance for loan losses. Operating expenses, gains, and losses on the sale of OREO are included in other noninterest expense in the Company’s consolidated statements of income after any fair value write-downs are recorded as valuation adjustments.
Business Combinations	Business Combinations The Company may engage in business combinations with other companies. These transactions are accounted for using Topic 805 of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”), which requires the acquisition method of accounting. Under the acquisition method of accounting, all identifiable assets acquired, including purchased loans, and liabilities are recorded at fair value. Any excess of the purchase price over the fair value of net assets acquired is recorded as goodwill. In instances where the price of the acquired business is less than the net assets acquired, a gain on the purchase is recorded. Management makes significant estimates and judgments in accounting for business combinations. Fair values are assigned based on quoted prices for similar assets, if readily available, or appraisals by qualified independent parties for relevant asset and liability categories. Management must also make estimates for the useful or economic lives of certain acquired assets and liabilities. These lives are used in establishing the amortization and accretion of some intangible assets and liabilities, such as core deposits obtained in the acquisition of commercial banks. Fair values are subject to refinement for up to one year after the closing date of the acquisition as additional information about the closing date fair values becomes available. The results of operations of an acquired entity are included in the Company’s consolidated results of operations from the closing date of the merger. Purchased loans are recorded using the fair value methodology outlined in Topic 820 of the FASB ASC, exclusive of loss share agreements with the FDIC. The fair value estimates associated with loans include expected prepayments and the amount and timing of expected principal, interest, and other cash flows. No allowance for loan losses is recorded at acquisition for purchased loans because the fair values of the acquired loans incorporate credit risk assumptions. When purchased loans exhibit evidence of credit deterioration after the acquisition date, and it is probable at acquisition the Company will not collect all contractually required principal and interest payments, the loans are referred to as PCI loans. PCI loans are accounted for using Topic 310-30 of the FASB ASC, formerly the American Institute of Certified Public Accountants’ Statement of Position 03-3, “Accounting for Certain Loans or Debt Securities Acquired in a Transfer.” PCI loans are initially measured at fair value, which includes estimated future credit losses expected to be incurred over the life of the loans. Per the guidance, the Company aggregates PCI loans that have common risk characteristics into loan pools. The Company has established the following loan pools related to the acquisitions of Peoples Bank of Virginia (“Peoples”) and Waccamaw Bank (“Waccamaw’) for evaluation: Waccamaw commercial, Waccamaw lines of credit, Peoples commercial, Waccamaw serviced home equity lines, Waccamaw residential, Peoples residential, and Waccamaw consumer. Evidence of credit quality deterioration at acquisition may include measures such as nonaccrual status, credit scores, declines in collateral value, current loan to value percentages, and days past due. The Company considers expected prepayments and estimates the amount and timing of expected principal, interest, and other cash flows for each loan or pool of loans identified as credit impaired. If contractually required payments at acquisition exceed cash flows expected to be collected, the excess is the non-accretable difference, which is available to absorb credit losses on those loans or pools of loans. If the cash flows expected at acquisition exceed the estimated fair values, the excess is the accretable yield, which is recognized in interest income over the remaining lives of those loans or pools of loans when there is a reasonable expectation about the amount and timing of such cash flows. Purchased performing loans are accounted for using the contractual cash flow method of accounting, which results in these loans being recorded at fair value with a credit discount. The fair value discount is accreted as an adjustment to yield over the estimated contractual lives of the loans. Information about the accounting and valuation of the allowance for loan losses related to purchased loans, intangible assets, and receivables resulting from FDIC-assisted transactions is found in this note of the consolidated financial statements.
Federal Deposit Insurance Corporation Indemnification Asset	Federal Deposit Insurance Corporation Indemnification Asset The FDIC indemnification asset represents the carrying amount of the right to receive payments from the FDIC for losses incurred on specified assets purchased from the FDIC that are covered by loss share agreements. The FDIC indemnification asset is measured separately from related covered assets because it is not contractually embedded in the assets or transferable should the assets be disposed. Under the acquisition method of accounting, the FDIC indemnification asset was recorded at fair value using projected cash flows based on expected reimbursements and applicable loss share percentages as outlined in the loss share agreements with the FDIC. The expected reimbursements did not include reimbursable amounts related to future covered expenditures. The cash flows were discounted to reflect the timing and receipt of reimbursements from the FDIC. The discount is accreted through noninterest income over future periods. The Company regularly reviews the fair value of the FDIC indemnification asset with input from a third-party provider. Post-acquisition adjustments to the indemnification asset are measured on the same basis as the underlying covered assets. Increases in the cash flows of covered loans reduce the FDIC indemnification asset balance, which is recognized as amortization through noninterest income over the shorter of the remaining life of the FDIC indemnification asset or the underlying loans. Decreases in the cash flows of covered loans increase the FDIC indemnification asset balance, which is recognized as accretion through noninterest income. The realization of the FDIC indemnification asset ultimately depends on the performance of the underlying covered assets, the passage of time, and claims paid by the FDIC; therefore, the amount the Company realizes could differ materially from the carrying value.
Premises and Equipment	Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are computed by the straight-line method over the estimated useful lives of the respective assets. Useful lives range from 5 to 10 years for furniture, fixtures, and equipment; 3 to 5 years for software, hardware, and data handling equipment; and 10 to 40 years for buildings and building improvements. Land improvements are amortized over a period of 20 years and leasehold improvements are amortized over the lesser of the term of the respective leases plus the first optional renewal period, when renewal is reasonably assured, or the estimated useful lives of the improvements. The Company leases various properties within its branch network. Leases generally have initial terms of up to 20 years and most contain options to renew with reasonable increases in rent. All leases are accounted for as operating leases. Maintenance and repairs are charged to current operations while improvements that extend the economic useful life of the underlying asset are capitalized. Disposition gains and losses are reflected in current operations.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Intangible assets consist of goodwill, core deposit intangible assets, and other identifiable intangible assets that result from business combinations. Goodwill represents the excess of the purchase price over the fair value of net assets acquired that is allocated to the appropriate reporting unit when acquired. The Company maintains two reporting units, Community Banking and Insurance Services. Goodwill is tested annually in the fourth quarter using a qualitative assessment to determine if it is more likely than not that the fair value of each reporting unit is less than its carrying amount. If the Company concludes that it is more likely than not that the fair value of either reporting unit is less than its carrying amount, the two-step quantitative goodwill impairment test is performed. Step 1 consists of calculating and comparing the fair value of each reporting unit to its carrying amount, including goodwill. If the fair value of a reporting unit is greater than its book value, no goodwill impairment exists. If the carrying amount of a reporting unit is greater than its calculated fair value, goodwill impairment may exist and Step 2 is required to determine the amount of the impairment loss. The Company performed its annual impairment test of goodwill as of October 31, 2015, and determined that qualitatively that it was more likely than not that goodwill was not impaired; therefore, the Step 1 and Step 2 tests were not deemed necessary. Qualitative factors considered in the analysis included macroeconomic conditions, industry and market considerations, overall financial performance, changes in stock price, and the Company’s progress towards stated objectives as compared to prior years. An impairment charge to goodwill and other intangible assets may be required in the future if the Company’s future earnings and cash flows decline or discount rates used in determining fair value increase. No events have occurred after the 2015 analysis to indicate potential impairment. Core deposit intangible assets represent the future earnings potential of acquired deposit relationships that are amortized over their estimated remaining useful lives. Other identifiable intangible assets primarily represent the rights arising from contractual arrangements that are amortized using the straight-line method.
Other Investments	Other Investments As a condition of membership in the FHLB and the FRB, the Company is required to subscribe to a minimum level of stock in the FHLB of Atlanta and FRB of Richmond. These securities are reported in other assets in the Company’s consolidated balance sheets. There is no market for these securities and ownership is restricted; therefore, readily determinable fair values are not available. The Company carries these nonmarketable securities at cost and reviews the FHLB of Atlanta stock quarterly for impairment. The Company believes the FHLB of Atlanta ownership position provides access to relatively inexpensive wholesale and overnight funding. The FHLB of Atlanta repurchased excess activity-based stock and paid quarterly cash dividends in each of the three years ended December 31, 2015. Based on publicly available information as of December 31, 2015, the Company believes that its FHLB of Atlanta stock is not impaired. The investment in FHLB of Atlanta stock was $5.09 million as of December 31, 2015, and $6.37 million as of December 31, 2014. The investment in FRB of Richmond stock was $5.64 million as of December 31, 2015, and $5.58 million as of December 31, 2014. The Company maintains long-term investments in various entities, including the Trust; certain tax credit limited partnerships; and other limited liability companies that provide insurance brokerage, title insurance, and other related financial services. These entities are reported in other assets in the Company’s consolidated balance sheets. Investments in entities that the Company has no significant influence or control over, generally ownership interests of less than 20%, are recorded using the cost method of accounting. Under the cost method, these investments do not have readily determinable fair values and dividends received are generally recorded as income. Investments in entities that the Company has the ability to exercise significant influence over but not control, generally ownership interests ranging from 20% to 50%, are recorded using the equity method of accounting. Under the equity method, dividends received generally reduce the carrying amount of the investment, and the investment is adjusted to recognize the Company’s share of the entity’s earnings, losses, and changes in capital, if any. Management believes any future adjustments to equity investments will be immaterial. All long-term investments are reviewed periodically for possible impairment. The Company had no equity investments as of December 31, 2015. The carrying value and maximum potential loss of equity investments totaled $360 thousand as of December 31, 2014.
Securities Sold Under Agreements to Repurchase	Securities Sold Under Agreements to Repurchase Securities sold under agreements to repurchase are generally accounted for as collateralized financing transactions. Securities, generally U.S. government and federal agency securities, pledged as collateral under these arrangements can be sold or repledged only if replaced by the secured party. The fair value of the collateral provided to a third party is continually monitored and additional collateral is provided as appropriate.
Advertising Expenses	Advertising Expenses Advertising costs are generally expensed as incurred. The Company may establish accruals for expected advertising expenses in the course of a fiscal year.
Equity-Based Compensation	Equity-Based Compensation The cost of employee services received in exchange for equity instruments, including stock options and restricted stock awards, is generally measured at fair value on the grant date. A Black-Scholes model is used to estimate the fair value of stock options, while the market price of the Company’s common stock at the date of grant is used as the fair value of restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period for stock option awards and as the restriction period for restricted stock awards. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award.
Income Taxes	Income Taxes Income tax expense is comprised of the current and deferred tax consequences of events and transactions already recognized. The Company includes interest and penalties related to income tax liabilities in income tax expense. The effective tax rate, income tax expense as a percentage of pre-tax income, may vary significantly from statutory rates due to tax credits and permanent differences. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes. Deferred tax assets and liabilities are adjusted through the provision for income taxes as changes in tax laws or rates are enacted. The Company’s tax filings for the years ended December 31, 2011 through 2014, are open to audit under statutes of limitation by the Internal Revenue Service and various state tax departments.
Earnings per Common Share	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. Diluted earnings per common share includes the dilutive effect of potential common stock that could be issued by the Company. Under the treasury stock method of accounting, potential common stock may be issued for stock options, nonvested restricted stock awards, performance based stock awards, and convertible preferred stock. Diluted earnings per common share is calculated by dividing net income by the weighted average number of common shares outstanding for the period plus the number of dilutive potential common shares. The calculation of diluted earnings per common share excludes potential common shares that have an exercise price greater than the average market value of the Company’s common stock because the effect would be antidilutive. The following table presents the calculation of basic and diluted earnings per common share for the periods indicated: Year Ended December 31, (Amounts in thousands, except share and per share data) 2015 2014 2013 Net income $ 24,540 $ 25,490 $ 23,312 Dividends on preferred stock 105 910 1,024 Net income available to common shareholders $ 24,435 $ 24,580 $ 22,288 Weighted average number of common shares outstanding, basic 18,531,039 18,406,363 19,792,099 Dilutive effect of potential common shares from: Stock options 26,487 18,607 19,337 Restricted stock 2,996 461 5,014 Convertible preferred stock 166,942 1,046,175 1,132,998 Contingently issuable shares — 11,448 12,352 Weighted average number of common shares outstanding, diluted 18,727,464 19,483,054 20,961,800 Basic earnings per common share $ 1.32 $ 1.34 $ 1.13 Diluted earnings per common share $ 1.31 $ 1.31 $ 1.11 Antidilutive potential common shares: Stock options 127,882 222,651 317,420 Restricted stock — — 271 Total potential antidilutive shares 127,882 222,651 317,691 During the first quarter of 2015, the Company notified holders of its 6% Series A Noncumulative Convertible Preferred Stock (“Series A Preferred Stock”) of its intent to redeem all of the outstanding shares. Prior to redemption, holders converted 12,784 shares of Series A Preferred Stock with each share convertible into 69 shares of the Company’s common stock. The Company redeemed the remaining 2,367 shares for $2.37 million along with accrued and unpaid dividends of $9 thousand. As a result of the redemption, there were no shares of Series A Preferred Stock outstanding as of December 31, 2015, compared to 15,151 shares as of December 31, 2014, and 15,251 shares as of December 31, 2013.
Derivative Instruments	Derivative Instruments A derivative is an instrument whose value is derived from an underlying instrument or index, such as interest rates, equity security prices, currencies, commodity prices, or credit spreads. Derivatives include futures, forwards, swaps, option contracts, and other financial instruments with similar characteristics. Derivative contracts often involve future commitments to exchange interest payment streams or currencies based on a notional or contractual amount (e.g., interest rate swaps or currency forwards) or to purchase or sell other financial instruments at specified terms on a specified date (e.g., options to buy or sell securities or currencies). The Company enters into derivative transactions principally to protect against the risk of adverse price or interest rate movements on the value of certain assets and liabilities and on future cash flows. All derivative instruments are reported at fair value in the balance sheets. If certain conditions are met, a derivative may be designated as a hedge related to fair value, cash flow, or foreign exposure risk. The recognition of changes in the fair value of a derivative instrument vary depending on the intended use of the derivative and the resulting designation. The Company accounts for hedges of customer loans as fair value hedges. The change in fair value of the hedging derivative and the change in fair value of the hedged exposure are recorded in earnings. Any hedge ineffectiveness is also reflected in current earnings. Changes in the fair value of derivatives not designated as hedging instruments are recognized as a gain or loss in earnings. The Company formally documents any relationships between hedging instruments and hedged items and the risk management objective and strategy for undertaking each hedged transaction. As of December 31, 2015, the Company had two interest rate swaps that qualified for fair value hedge accounting treatment.
Fair Value Measurements	Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The price in the principal, or most advantageous, market used to measure the fair value of the asset or liability must not be adjusted for transaction costs. An orderly transaction is a transaction that assumes exposure to the market for a period before the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction. Market participants are buyers and sellers in the principal market that are independent, knowledgeable, able to transact, and willing to transact. The fair value hierarchy is as follows: Level 1 Inputs – Unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 Inputs – Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability and provide a reasonable basis for fair value determination, such as interest rates, yield curves, volatilities, prepayment speeds, default rates, and credit risks, or inputs that are principally derived from observable market data. Level 3 Inputs – Unobservable inputs for determining the fair values of assets or liabilities when there is little or no market activity at the measurement date, using reasonable inputs and assumptions based on the best information at the time, to the extent that inputs are available without undue cost and effort. These inputs and assumptions may include model-derived inputs that are not corroborated by observable market data and an entity’s own assumptions. These valuation methodologies were applied to all the Company’s assets and liabilities carried at fair value. In general, fair value is based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon third-party models that primarily use, as inputs, observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality, the Company’s creditworthiness, among other things, as well as unobservable parameters. Any such valuation adjustments are applied consistently over time. The Company’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Company’s valuation methodologies are appropriate and consistent with other market participants, different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date.
Recent Accounting Standards	Recent Accounting Standards In January 2015, the FASB issued Accounting Standards Update (“ASU”) 2015-01, “Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.” ASU 2015-01 eliminated from U.S. GAAP the concept of an extraordinary item, which is an event or transaction that is both unusual in nature and infrequently occurring. The guidance will be effective for the Company for interim and annual reporting periods beginning after December 15, 2015. Early adoption is permitted. The Company does not expect this guidance to have a material effect on its financial statements. In February 2015, the FASB issued ASU 2015-02, “Amendments to the Consolidation Analysis.” ASU 2015-02 amended the consolidation requirements in ASC 810 Consolidation. The amendments change the consolidation analysis required under U.S. GAAP, and modify how variable interests held by a reporting entity’s related parties affect its consolidation conclusions. The amendments will be effective for the Company for interim and annual reporting periods beginning after December 15, 2015. Early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In September 2015, the FASB issued ASU 2015-16, “Simplifying the Accounting for Measurement Period Adjustments.” ASU 2015-16 simplifies the accounting for adjustments made to provisional amounts recognized in a business combination by eliminating the requirement to retrospectively account for those adjustments. The amendments in ASU 2015-16 are effective for fiscal years beginning after December 15, 2015. The Company does not expect this guidance to have a material effect on its financial statements. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers.” The new standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under existing guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In August of 2015, the FASB issued ASU 2015-14, “Revenue from Contracts with Customers” deferring the effective date of ASU 2014-09 until annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. The amendments can be applied retrospectively to each prior reporting period or retrospectively with the cumulative effect of initially applying this new guidance recognized at the date of initial application. The Company is currently evaluating the provisions of ASU 2014-09 to determine the potential impact the new standard will have to the Company’s financial statements.

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Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Calculation for Basic and Diluted Earnings per Common Share	The following table presents the calculation of basic and diluted earnings per common share for the periods indicated: Year Ended December 31, (Amounts in thousands, except share and per share data) 2015 2014 2013 Net income $ 24,540 $ 25,490 $ 23,312 Dividends on preferred stock 105 910 1,024 Net income available to common shareholders $ 24,435 $ 24,580 $ 22,288 Weighted average number of common shares outstanding, basic 18,531,039 18,406,363 19,792,099 Dilutive effect of potential common shares from: Stock options 26,487 18,607 19,337 Restricted stock 2,996 461 5,014 Convertible preferred stock 166,942 1,046,175 1,132,998 Contingently issuable shares — 11,448 12,352 Weighted average number of common shares outstanding, diluted 18,727,464 19,483,054 20,961,800 Basic earnings per common share $ 1.32 $ 1.34 $ 1.13 Diluted earnings per common share $ 1.31 $ 1.31 $ 1.11 Antidilutive potential common shares: Stock options 127,882 222,651 317,420 Restricted stock — — 271 Total potential antidilutive shares 127,882 222,651 317,691

Acquisitions and Divestitures (

Acquisitions and Divestitures (Tables)	12 Months Ended
	Dec. 31, 2015
Net Cash (Received) Paid in Acquisitions and Divestitures	The following table presents the components of net cash acquired, or paid, in acquisitions and divestitures, an investing activity in the Company’s statements of cash flows, in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Acquisitions Fair value of assets and liabilities acquired: Investments $ — $ — $ — Loans — 140 281 Premises and equipment — 4,547 — Other assets — 4,563 — Deposits — (318,877 ) — Other liabilities — (76 ) — Purchase price in excess of net assets acquired 88 1,721 663 Total purchase price 88 (307,982 ) 944 Non-cash purchase price — — 247 Cash acquired — — — Net cash paid (received) in acquisitions 88 (307,982 ) 697 Divestitures Book value of assets sold 389 (83,283 ) — Book value of liabilities sold (152 ) 215,268 — Sales price in excess of net liabilities assumed (6 ) (755 ) — Total sales price 231 131,230 — Cash sold — (1,852 ) — Amount due remaining on books (231 ) — — Net cash paid in divestitures — 129,378 — Net cash paid (received) in acquisitions and divestitures $ 88 $ (178,604 ) $ 697

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Amortized Cost and Aggregate Fair Value of Available-for-Sale Securities, Including Gross Unrealized Gains and Losses	The following tables present the amortized cost and aggregate fair value of available-for-sale securities, including gross unrealized gains and losses, as of the dates indicated: December 31, 2015 (Amounts in thousands) Amortized Unrealized Unrealized Fair Value U.S. Agency securities $ 31,414 $ 39 $ (751 ) $ 30,702 Municipal securities 124,880 4,155 (357 ) 128,678 Single issue trust preferred securities 55,882 — (8,050 ) 47,832 Corporate securities 70,571 — (238 ) 70,333 Certificates of deposit 5,000 — — 5,000 Mortgage-backed Agency securities 84,576 155 (1,175 ) 83,556 Equity securities 66 6 — 72 Total $ 372,389 $ 4,355 $ (10,571 ) $ 366,173 December 31, 2014 (Amounts in thousands) Amortized Unrealized Unrealized Fair Value U.S. Agency securities $ 34,604 $ 11 $ (1,017 ) $ 33,598 Municipal securities 134,784 4,823 (692 ) 138,915 Single issue trust preferred securities 55,822 — (9,685 ) 46,137 Corporate securities 5,000 109 — 5,109 Mortgage-backed Agency securities 102,506 470 (857 ) 102,119 Equity securities 226 19 (6 ) 239 Total $ 332,942 $ 5,432 $ (12,257 ) $ 326,117
Amortized Cost, Fair Value, and Weighted-Average Yield of Securities by Contractual Maturity	The following table presents the amortized cost and fair value of held-to-maturity securities, by contractual maturity, as of December 31, 2015. Actual maturities could differ from contractual maturities because issuers may have the right to call or prepay obligations with or without penalties. (Amounts in thousands) U.S. Agency Municipal Corporate Notes Total Amortized cost maturity: One year or less $ 25,058 $ 190 $ — $ 25,248 After one year through five years 36,805 — 10,488 47,293 After five years through ten years — — — — After ten years — — — — Total amortized cost $ 61,863 $ 190 $ 10,488 $ 72,541 Fair value maturity: One year or less $ 25,007 $ 193 $ — $ 25,200 After one year through five years 36,825 — 10,465 47,290 After five years through ten years — — — — After ten years — — — — Total fair value $ 61,832 $ 193 $ 10,465 $ 72,490
Amortized Cost and Aggregate Fair Value of Held-to-Maturity Securities, Including Gross Unrealized Gains and Losses	The following tables present the amortized cost and aggregate fair value of held-to-maturity securities, including gross unrealized gains and losses, as of the dates indicated: December 31, 2015 (Amounts in thousands) Amortized Unrealized Unrealized Fair U.S. Agency securities $ 61,863 $ 75 $ (106 ) $ 61,832 Municipal securities 190 3 — 193 Corporate securities 10,488 — (23 ) 10,465 Total $ 72,541 $ 78 $ (129 ) $ 72,490 December 31, 2014 (Amounts in thousands) Amortized Unrealized Unrealized Fair U.S. Agency securities $ 46,987 $ 22 $ (54 ) $ 46,955 Municipal securities 379 7 — 386 Corporate securities 10,582 — (34 ) 10,548 Total $ 57,948 $ 29 $ (88 ) $ 57,889
Amortized Cost and Fair Value of Municipal Securities by State, Including Gross Unrealized Gains and Losses	The following tables present municipal securities, by state, for the states where the largest volume of these securities are held in the Company’s portfolio. The tables also present the amortized cost and fair value of the municipal securities, including gross unrealized gains and losses, as of the dates indicated. December 31, 2015 (Amounts in thousands) Percent of Amortized Cost Unrealized Gains Unrealized Losses Fair Value New York 11.38 % $ 14,062 $ 602 $ — $ 14,664 Ohio 8.72 % 11,011 283 (64 ) 11,230 Minnesota 8.69 % 10,797 420 (14 ) 11,203 New Jersey 8.38 % 10,416 388 — 10,804 Wisconsin 7.76 % 9,786 217 (5 ) 9,998 Massachusetts 7.69 % 9,554 378 (22 ) 9,910 Connecticut 7.60 % 9,479 315 — 9,794 Texas 6.04 % 7,651 208 (75 ) 7,784 Iowa 5.03 % 6,471 75 (60 ) 6,486 Other 28.71 % 35,843 1,272 (117 ) 36,998 Total 100.00 % $ 125,070 $ 4,158 $ (357 ) $ 128,871 December 31, 2014 (Amounts in thousands) Percent of Amortized Cost Unrealized Gains Unrealized Losses Fair Value New York 11.48 % $ 14,064 $ 730 $ — $ 14,794 Minnesota 9.02 % 11,188 463 (30 ) 11,621 Wisconsin 8.98 % 11,340 244 (16 ) 11,568 Ohio 8.79 % 11,145 337 (148 ) 11,334 Connecticut 8.67 % 10,775 393 — 11,168 New Jersey 8.60 % 10,567 515 — 11,082 Massachusetts 7.77 % 9,653 393 (38 ) 10,008 Texas 6.87 % 8,770 214 (133 ) 8,851 Other 37.93 % 47,661 1,541 (327 ) 48,875 Total 108.09 % $ 135,163 $ 4,830 $ (692 ) $ 139,301
Available-For-Sale Securities in Continuous Unrealized Loss Position	The following tables present the fair values and unrealized losses for available-for-sale securities in a continuous unrealized loss position for less than 12 months and for 12 months or longer as of the dates indicated: December 31, 2015 Less than 12 Months 12 Months or longer Total (Amounts in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Agency securities $ 4,441 $ (5 ) $ 23,922 $ (746 ) $ 28,363 $ (751 ) Municipal securities 8,126 (48 ) 10,393 (309 ) 18,519 (357 ) Single issue trust preferred securities — — 47,832 (8,050 ) 47,832 (8,050 ) Corporate securities 70,333 (238 ) — — 70,333 (238 ) Mortgage-backed Agency securities 27,050 (253 ) 37,291 (922 ) 64,341 (1,175 ) Total $ 109,950 $ (544 ) $ 119,438 $ (10,027 ) $ 229,388 $ (10,571 ) December 31, 2014 Less than 12 Months 12 Months or longer Total (Amounts in thousands) Fair Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Agency securities $ — $ — $ 29,448 $ (1,017 ) $ 29,448 $ (1,017 ) Municipal securities 1,112 (8 ) 25,007 (684 ) 26,119 (692 ) Single issue trust preferred securities — — 46,137 (9,685 ) 46,137 (9,685 ) Mortgage-backed Agency securities 2,778 (3 ) 45,790 (854 ) 48,568 (857 ) Equity securities 150 (6 ) — — 150 (6 ) Total $ 4,040 $ (17 ) $ 146,382 $ (12,240 ) $ 150,422 $ (12,257 )
Held to Maturity Securities in Continuous Unrealized Loss Position	The following tables present the fair values and unrealized losses for held-to-maturity securities in a continuous unrealized loss position for less than 12 months and for 12 months or longer as of the date indicated. December 31, 2015 Less than 12 Months 12 Months or longer Total (Amounts in thousands) Fair Unrealized Fair Unrealized Fair Unrealized U.S. Agency securities $ 43,723 $ (106 ) $ — $ — $ 43,723 $ (106 ) Corporate securities 6,851 (23 ) — — 6,851 (23 ) Total $ 50,574 $ (129 ) $ — $ — $ 50,574 $ (129 ) December 31, 2014 Less than 12 Months 12 Months or longer Total (Amounts in thousands) Fair Unrealized Fair Unrealized Fair Unrealized U.S. Agency securities $ 28,188 $ (54 ) $ — $ — $ 28,188 $ (54 ) Corporate securities 10,548 (34 ) — — 10,548 (34 ) Total $ 38,736 $ (88 ) $ — $ — $ 38,736 $ (88 )
Net Loss or Gain from Sale of Securities	The following table presents the proceeds from sales of available-for-sale securities and the gross realized gains and losses on those sales in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Gross realized gains $ 363 $ 2,257 $ 553 Gross realized losses (219 ) (3,642 ) (154 ) Net gain (loss) on sale of securities $ 144 $ (1,385 ) $ 399
Credit Losses Recognized in Earnings for Debt Securities Where Portion of OTTI Recognized in OCI	The following table presents the activity for credit-related losses recognized in earnings on debt securities where a portion of an OTTI was recognized in OCI for the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Beginning balance (1) $ — $ 7,798 $ 7,478 Additions for credit losses on securities previously recognized — 705 320 Reduction for securities sold/realized losses — (8,503 ) — Ending balance $ — $ — $ 7,798 (1) The beginning balance includes credit related losses included in OTTI charges recognized on debt securities in prior periods.
Held-to-maturity Securities
Amortized Cost, Fair Value, and Weighted-Average Yield of Securities by Contractual Maturity	The following table presents the amortized cost and fair value of available-for-sale securities, by contractual maturity, as of December 31, 2015. Actual maturities could differ from contractual maturities because issuers may have the right to call or prepay obligations with or without penalties. (Amounts in thousands) U.S. Agency Municipal Corporate Notes Certificates of Total Amortized cost maturity: One year or less $ — $ 1,100 $ 70,571 $ 5,000 $ 76,671 After one year through five years 2 2,567 — — 2,569 After five years through ten years 2,997 80,882 — — 83,879 After ten years 28,415 40,331 55,882 — 124,628 Amortized cost $ 31,414 $ 124,880 $ 126,453 $ 5,000 287,747 Mortgage-backed securities 84,576 Equity securities 66 Total amortized cost $ 372,389 Fair value maturity: One year or less $ — $ 1,123 $ 70,333 $ 5,000 $ 76,456 After one year through five years 2 2,602 — — 2,604 After five years through ten years 2,995 84,322 — — 87,317 After ten years 27,705 40,631 47,832 — 116,168 Fair value $ 30,702 $ 128,678 $ 118,165 $ 5,000 282,545 Mortgage-backed securities 83,556 Equity securities 72 Total fair value $ 366,173

Loans (Tables)

Loans (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Loans, Net of Unearned Income	The following table presents loans, net of unearned income and disaggregated by class, as of the periods indicated: December 31, 2015 2014 (Amounts in thousands) Amount Percent Amount Percent Non-covered loans held for investment Commercial loans Construction, development, and other land $ 48,896 2.86 % $ 41,271 2.44 % Commercial and industrial 88,903 5.21 % 83,099 4.92 % Multi-family residential 95,026 5.57 % 97,480 5.77 % Single family non-owner occupied 149,351 8.75 % 135,171 8.00 % Non-farm, non-residential 485,460 28.45 % 473,906 28.05 % Agricultural 2,911 0.17 % 1,599 0.09 % Farmland 27,540 1.61 % 29,517 1.75 % Total commercial loans 898,087 52.62 % 862,043 51.02 % Consumer real estate loans Home equity lines 107,367 6.29 % 110,957 6.57 % Single family owner occupied 495,209 29.02 % 485,475 28.74 % Owner occupied construction 43,505 2.55 % 32,799 1.94 % Total consumer real estate loans 646,081 37.86 % 629,231 37.25 % Consumer and other loans Consumer loans 72,000 4.22 % 69,347 4.10 % Other 7,338 0.43 % 6,555 0.39 % Total consumer and other loans 79,338 4.65 % 75,902 4.49 % Total non-covered loans 1,623,506 95.13 % 1,567,176 92.76 % Total covered loans 83,035 4.87 % 122,240 7.24 % Total loans held for investment, net of unearned income $ 1,706,541 100.00 % $ 1,689,416 100.00 % Loans held for sale $ — $ 1,792
Components of Covered Loan Portfolio, Disaggregated by Class	The following table presents the components of the Company’s covered loan portfolio, disaggregated by class, as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Covered loans Commercial loans Construction, development, and other land $ 6,303 $ 13,100 Commercial and industrial 1,170 2,662 Multi-family residential 640 1,584 Single family non-owner occupied 2,674 5,918 Non-farm, non-residential 14,065 25,317 Agricultural 34 43 Farmland 643 716 Total commercial loans 25,529 49,340 Consumer real estate loans Home equity lines 48,565 60,391 Single family owner occupied 8,595 11,968 Owner occupied construction 262 453 Total consumer real estate loans 57,422 72,812 Consumer and other loans Consumer loans 84 88 Total covered loans $ 83,035 $ 122,240
Carrying and Contractual Unpaid Principal Balance of PCI loans, by Acquisition	The following table presents the carrying and contractual unpaid principal balance of PCI loans, by acquisition, as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Carrying Balance Unpaid Principal Carrying Balance Unpaid Principal PCI Loans, by acquisition Peoples Bank of Virginia $ 6,681 $ 11,249 $ 7,090 $ 13,669 Waccamaw Bank 34,707 63,151 53,835 86,641 Other acquired 1,254 1,297 1,358 1,401 Total PCI Loans $ 42,642 $ 75,697 $ 62,283 $ 101,711
Activity in Accretable Yield Related to PCI loans, by Acquisition	The following table presents the activity in the accretable yield related to PCI loans, by acquisition, in the periods indicated: (Amounts in thousands) Peoples Waccamaw Other Total Balance, January 1, 2015 $ 4,745 $ 19,048 $ — $ 23,793 Additions — 2 — 2 Accretion (2,712 ) (6,459 ) — (9,171 ) Reclassifications from nonaccretable difference 1,283 6,564 — 7,847 Other changes, net 273 6,954 — 7,227 Balance, December 31, 2015 $ 3,589 $ 26,109 $ — $ 29,698 Balance, January 1, 2014 $ 5,294 $ 10,338 $ 8 $ 15,640 Additions 267 26 — 293 Accretion (2,147 ) (6,118 ) (37 ) (8,302 ) Reclassifications from nonaccretable difference 1,912 16,400 29 18,341 Other changes, net (581 ) (1,598 ) — (2,179 ) Balance, December 31, 2014 $ 4,745 $ 19,048 $ — $ 23,793 Balance, January 1, 2013 $ 2,342 $ 21,886 $ 15 $ 24,243 Additions 148 281 — 429 Accretion (1,840 ) (6,288 ) (119 ) (8,247 ) Reclassifications from (to) nonaccretable difference 6,155 (2,967 ) 112 3,300 Other changes, net (1,511 ) (2,574 ) — (4,085 ) Balance, December 31, 2013 $ 5,294 $ 10,338 $ 8 $ 15,640

Credit Quality (Tables)

Credit Quality (Tables)	12 Months Ended
	Dec. 31, 2015
Recorded Investment and Related Information for Loans Considered to be Impaired Excluding Purchased Credit Impaired Loans	The following tables present the recorded investment and related information for loans considered to be impaired, excluding PCI loans, as of the periods indicated: December 31, 2015 (Amounts in thousands) Recorded Unpaid Related Impaired loans with no related allowance: Commercial loans Single family non-owner occupied $ 782 $ 783 $ — Non-farm, non-residential 8,427 8,427 — Consumer real estate loans Single family owner occupied 1,975 2,067 — Total impaired loans with no related allowance 11,184 11,277 — Impaired loans with a related allowance: Commercial loans Single family non-owner occupied 619 623 124 Non-farm, non-residential 5,667 5,673 1,568 Consumer real estate loans Single family owner occupied 4,899 4,907 672 Owner occupied construction 349 355 7 Total impaired loans with a related allowance 11,534 11,558 2,371 Total impaired loans $ 22,718 $ 22,835 $ 2,371 December 31, 2014 (Amounts in thousands) Recorded Unpaid Related Impaired loans with no related allowance: Commercial loans Single family non-owner occupied $ 466 $ 466 $ — Non-farm, non-residential 5,705 6,049 — Consumer real estate loans Single family owner occupied 3,397 3,494 — Total impaired loans with no related allowance 9,568 10,009 — Impaired loans with a related allowance: Commercial loans Single family non-owner occupied 367 367 45 Non-farm, non-residential 3,772 3,772 1,000 Consumer real estate loans Single family owner occupied 2,341 2,512 437 Total impaired loans with a related allowance 6,480 6,651 1,482 Total impaired loans $ 16,048 $ 16,660 $ 1,482
Average Annual Recorded Investment and Interest Income Recognized on Impaired Loans Excluding Purchased Credit Impaired Loans	The following table presents the average annual recorded investment and interest income recognized on impaired loans, excluding PCI loans, in the periods indicated: Year ended December 31, 2015 2014 2013 (Amounts in thousands) Interest Average Interest Average Interest Average Impaired loans with no related allowance: Commercial loans Construction, development, and other land $ — $ — $ — $ — $ 294 $ 3,850 Commercial and industrial — — 17 461 17 698 Multi-family residential — — — — 3 18 Single family non-owner occupied 34 626 8 301 99 939 Non-farm, non-residential 295 8,767 96 6,083 296 7,225 Farmland — — 11 181 12 370 Consumer real estate loans Home equity lines — — 2 66 25 454 Single family owner occupied 136 2,432 73 2,508 70 2,156 Owner occupied construction — 88 — — 5 15 Consumer and other loans Consumer loans — — — — — 3 Total impaired loans with no related allowance 465 11,913 207 9,600 821 15,728 Impaired loans with a related allowance: Commercial loans Construction, development, and other land — — — — 117 1,057 Commercial and industrial — — 47 2,199 18 4,281 Multi-family residential — — 23 4,190 7 94 Single family non-owner occupied 25 575 2 369 3 892 Non-farm, non-residential 65 4,987 31 3,386 29 1,494 Consumer real estate loans Home equity lines — — 1 57 12 304 Single family owner occupied 26 3,731 48 3,897 54 4,498 Owner occupied construction 1 178 — — — — Total impaired loans with a related allowance 117 9,471 152 14,098 240 12,620 Total impaired loans $ 582 $ 21,384 $ 359 $ 23,698 $ 1,061 $ 28,348
Additional Information Related to the Impaired Loan Pools	The following tables present additional information related to the impaired loan pools as of the dates, and in the periods, indicated: December 31, (Amounts in thousands) 2015 2014 Recorded investment $ 2,834 $ 14,607 Unpaid principal balance 3,759 31,169 Allowance for loan losses 54 58 Year ended December 31, (Amounts in thousands) 2015 2014 2013 Interest income recognized $ 364 $ 3,081 $ 1,966 Average recorded investment 3,309 30,007 35,220
Loans Held for Investment by Internal Credit Risk Grade	The following tables present loans held for investment, by internal credit risk grade, as of the periods indicated: December 31, 2015 (Amounts in thousands) Pass Special Substandard Doubtful Loss Total Non-covered loans Commercial loans Construction, development, and other land $ 46,816 $ 974 $ 1,106 $ — $ — $ 48,896 Commercial and industrial 87,223 663 1,017 — — 88,903 Multi-family residential 81,168 12,969 889 — — 95,026 Single family non-owner occupied 139,680 3,976 5,695 — — 149,351 Non-farm, non-residential 454,906 15,170 15,384 — — 485,460 Agricultural 2,886 25 — — — 2,911 Farmland 25,855 1,427 258 — — 27,540 Consumer real estate loans Home equity lines 104,897 1,083 1,387 — — 107,367 Single family owner occupied 468,155 6,686 20,368 — — 495,209 Owner occupied construction 42,783 — 722 — — 43,505 Consumer and other loans Consumer loans 71,685 61 254 — — 72,000 Other 7,338 — — — — 7,338 Total non-covered loans 1,533,392 43,034 47,080 — — 1,623,506 Covered loans Commercial loans Construction, development, and other land 3,908 1,261 1,134 — — 6,303 Commercial and industrial 1,144 4 22 — — 1,170 Multi-family residential 460 — 180 — — 640 Single family non-owner occupied 1,808 457 409 — — 2,674 Non-farm, non-residential 9,192 2,044 2,829 — — 14,065 Agricultural 34 — — — — 34 Farmland 364 — 279 — — 643 Consumer real estate loans Home equity lines 17,893 29,823 849 — — 48,565 Single family owner occupied 5,102 1,963 1,530 — — 8,595 Owner occupied construction 112 51 99 — — 262 Consumer and other loans Consumer loans 84 — — — — 84 Total covered loans 40,101 35,603 7,331 — — 83,035 Total loans $ 1,573,493 $ 78,637 $ 54,411 $ — $ — $ 1,706,541 December 31, 2014 (Amounts in thousands) Pass Special Substandard Doubtful Loss Total Non-covered loans Commercial loans Construction, development, and other land $ 38,858 $ 1,384 $ 1,029 $ — $ — $ 41,271 Commercial and industrial 81,196 616 1,287 — — 83,099 Multi-family residential 89,503 7,007 970 — — 97,480 Single family non-owner occupied 126,155 3,333 5,683 — — 135,171 Non-farm, non-residential 441,385 13,028 19,493 — — 473,906 Agricultural 1,589 — 10 — — 1,599 Farmland 26,876 1,432 1,209 — — 29,517 Consumer real estate loans Home equity lines 107,688 1,606 1,663 — — 110,957 Single family owner occupied 454,833 8,884 21,758 — — 485,475 Owner occupied construction 32,551 — 248 — — 32,799 Consumer and other loans Consumer loans 68,592 520 235 — — 69,347 Other 6,555 — — — — 6,555 Total non-covered loans 1,475,781 37,810 53,585 — — 1,567,176 Covered loans Commercial loans Construction, development, and other land 7,598 3,227 2,275 — — 13,100 Commercial and industrial 2,528 82 52 — — 2,662 Multi-family residential 1,400 — 184 — — 1,584 Single family non-owner occupied 2,703 2,059 1,156 — — 5,918 Non-farm, non-residential 12,672 4,341 8,304 — — 25,317 Agricultural 43 — — — — 43 Farmland 420 — 296 — — 716 Consumer real estate loans Home equity lines 21,295 38,296 800 — — 60,391 Single family owner occupied 7,094 2,040 2,834 — — 11,968 Owner occupied construction 84 264 105 — — 453 Consumer and other loans Consumer loans 88 — — — — 88 Total covered loans 55,925 50,309 16,006 — — 122,240 Total loans $ 1,531,706 $ 88,119 $ 69,591 $ — $ — $ 1,689,416
Nonaccrual Loans by Loan Class	The following table presents nonaccrual loans, by loan class, as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Non-covered Covered Total Non-covered Covered Total Commercial loans Construction, development, and other land $ 39 $ 54 $ 93 $ — $ 18 $ 18 Commercial and industrial — 16 16 123 34 157 Multi-family residential 84 — 84 245 — 245 Single family non-owner occupied 1,850 29 1,879 601 77 678 Non-farm, non-residential 7,150 39 7,189 2,334 1,317 3,651 Agricultural — — — 4 — 4 Farmland 234 — 234 — — — Consumer real estate loans Home equity lines 825 413 1,238 792 204 996 Single family owner occupied 7,245 96 7,341 6,389 682 7,071 Owner occupied construction 349 — 349 — 106 106 Consumer and other loans Consumer loans 71 — 71 68 — 68 Total nonaccrual loans $ 17,847 $ 647 $ 18,494 $ 10,556 $ 2,438 $ 12,994
Aging of Past Due Loans by Loan Class	The following tables present the aging of past due loans, by loan class, as of the dates indicated. Nonaccrual loans 30 days or more past due are included in the applicable delinquency category. There were no non-covered or covered accruing loans contractually past due 90 days or more as of December 31, 2015, or December 31, 2014. December 31, 2015 (Amounts in thousands) 30 - 59 Days 60 - 89 Days 90+ Days Total Current Total Non-covered loans Commercial loans Construction, development, and other land $ — $ — $ 39 $ 39 $ 48,857 $ 48,896 Commercial and industrial 281 66 — 347 88,556 88,903 Multi-family residential 302 76 84 462 94,564 95,026 Single family non-owner occupied 748 120 929 1,797 147,554 149,351 Non-farm, non-residential 347 676 4,940 5,963 479,497 485,460 Agricultural — — — — 2,911 2,911 Farmland 585 11 234 830 26,710 27,540 Consumer real estate loans Home equity lines 668 195 468 1,331 106,036 107,367 Single family owner occupied 6,122 1,943 3,191 11,256 483,953 495,209 Owner occupied construction — — — — 43,505 43,505 Consumer and other loans Consumer loans 278 71 23 372 71,628 72,000 Other — — — — 7,338 7,338 Total non-covered loans 9,331 3,158 9,908 22,397 1,601,109 1,623,506 Covered loans Commercial loans Construction, development, and other land 96 — 42 138 6,165 6,303 Commercial and industrial — — 16 16 1,154 1,170 Multi-family residential — — — — 640 640 Single family non-owner occupied 1,422 — — 1,422 1,252 2,674 Non-farm, non-residential — — 39 39 14,026 14,065 Agricultural — — — — 34 34 Farmland — — — — 643 643 Consumer real estate loans Home equity lines 489 37 225 751 47,814 48,565 Single family owner occupied 274 — 42 316 8,279 8,595 Owner occupied construction — — — — 262 262 Consumer and other loans Consumer loans — — — — 84 84 Total covered loans 2,281 37 364 2,682 80,353 83,035 Total loans $ 11,612 $ 3,195 $ 10,272 $ 25,079 $ 1,681,462 $ 1,706,541 December 31, 2014 (Amounts in thousands) 30 - 59 Days 60 - 89 Days 90+ Days Total Current Total Non-covered loans Commercial loans Construction, development, and other land $ 39 $ 46 $ — $ 85 $ 41,186 $ 41,271 Commercial and industrial 285 6 103 394 82,705 83,099 Multi-family residential 81 110 — 191 97,289 97,480 Single family non-owner occupied 914 513 425 1,852 133,319 135,171 Non-farm, non-residential 1,075 783 1,984 3,842 470,064 473,906 Agricultural — — 4 4 1,595 1,599 Farmland 89 — — 89 29,428 29,517 Consumer real estate loans Home equity lines 492 103 571 1,166 109,791 110,957 Single family owner occupied 5,436 1,931 4,564 11,931 473,544 485,475 Owner occupied construction — — — — 32,799 32,799 Consumer and other loans Consumer loans 544 84 26 654 68,693 69,347 Other — — — — 6,555 6,555 Total non-covered loans 8,955 3,576 7,677 20,208 1,546,968 1,567,176 Covered loans Commercial loans Construction, development, and other land 120 17 — 137 12,963 13,100 Commercial and industrial 84 12 34 130 2,532 2,662 Multi-family residential — — — — 1,584 1,584 Single family non-owner occupied 122 — 77 199 5,719 5,918 Non-farm, non-residential 124 140 1,258 1,522 23,795 25,317 Agricultural — — — — 43 43 Farmland 3 — — 3 713 716 Consumer real estate loans Home equity lines 858 318 168 1,344 59,047 60,391 Single family owner occupied 134 34 415 583 11,385 11,968 Owner occupied construction — — — — 453 453 Consumer and other loans Consumer loans — — — — 88 88 Total covered loans 1,445 521 1,952 3,918 118,322 122,240 Total loans $ 10,400 $ 4,097 $ 9,629 $ 24,126 $ 1,665,290 $ 1,689,416
Interest Income related to TDRs	The following table presents interest income related to TDRs in the periods, indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Interest income recognized $ 608 $ 597 $ 551
Loans Modified as Troubled Debt Restructurings by Loan Class Segregated by Accrual Status	The following table presents loans modified as TDRs, by loan class, segregated by accrual status, as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Nonaccrual (1) Accruing Total Nonaccrual (1) Accruing Total Commercial loans Single family non-owner occupied $ 130 $ 820 $ 950 $ — $ 1,088 $ 1,088 Non-farm, non-residential — 4,600 4,600 83 4,743 4,826 Consumer real estate loans Home equity lines 127 43 170 — 47 47 Single family owner occupied 733 8,256 8,989 471 8,412 8,883 Owner occupied construction 349 243 592 — 244 244 Total TDRs $ 1,339 $ 13,962 $ 15,301 $ 554 $ 14,534 $ 15,088 (1) TDRs on nonaccrual status are included in the total nonaccrual loan balance disclosed in the table above.
Loans Modified as Troubled Debt Restructurings by Type of Concession Made and Loan Class	The following table presents loans modified as TDRs, by type of concession made and loan class, that were restructured during the periods indicated. The post-modification recorded investment represents the loan balance immediately after modification. Year Ended December 31, 2015 2014 (Amounts in thousands) Total Contracts Pre- Modification Recorded Post- Recorded Total Contracts Pre- Modification Recorded Post- Recorded Below market interest rate Single family owner occupied — $ — $ — 4 $ 1,850 $ 1,850 Owner occupied construction — — — 1 245 245 Total — — — 5 2,095 2,095 Extended payment term Single family non-owner occupied — — — 1 468 468 Non-farm, non-residential — — — 1 303 303 Total — — — 2 771 771 Below market interest rate and extended payment term Single family non-owner occupied — — — 1 255 255 Single family owner occupied 5 342 342 5 487 487 Total 5 342 342 6 742 742 Total 5 $ 342 $ 342 13 $ 3,608 $ 3,608
Summary of Information Related to OREO	The following table presents information related to OREO as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Non-covered OREO $ 4,873 $ 6,638 Covered OREO 4,034 6,324 Total OREO $ 8,907 $ 12,962 Non-covered OREO secured by residential real estate $ 2,677 $ 6,155 Residential real estate loans in the foreclosure process (1) 2,727 4,561 (1) The recorded investment in consumer mortgage loans collateralized by residential real estate that are in the process of foreclosure according to local requirements of the applicable jurisdiction.

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2015
Aggregate Activity in Allowance for Loan Losses	The following tables present the aggregate activity in the allowance for loan losses in the periods indicated: Year Ended December 31, 2015 (Amounts in thousands) Allowance Excluding Allowance for Total Beginning balance $ 20,169 $ 58 $ 20,227 Provision for (recovery of) loan losses 2,166 (4 ) 2,162 Benefit attributable to the FDIC indemnification asset — 29 29 Provision for loan losses charged to operations 2,166 25 2,191 Recovery of loan losses recorded through the FDIC indemnification asset — (29 ) (29 ) Charge-offs (3,745 ) — (3,745 ) Recoveries 1,589 — 1,589 Net charge-offs (2,156 ) — (2,156 ) Ending balance $ 20,179 $ 54 $ 20,233 Year Ended December 31, 2014 (Amounts in thousands) Allowance Excluding Allowance for Total Beginning balance $ 23,322 $ 755 $ 24,077 Removal of loans transferred (682 ) — (682 ) Provision for (recovery of) loan losses 420 (697 ) (277 ) Benefit attributable to the FDIC indemnification asset — 422 422 Provision (recovery) of loan losses charged to operations 420 (275 ) 145 Recovery of loan losses recorded through the FDIC indemnification asset — (422 ) (422 ) Charge-offs (6,481 ) — (6,481 ) Recoveries 3,590 — 3,590 Net charge-offs (2,891 ) — (2,891 ) Ending balance $ 20,169 $ 58 $ 20,227 Year Ended December 31, 2013 (Amounts in thousands) Allowance Excluding Allowance for Total Beginning balance $ 25,762 $ 8 $ 25,770 Provision for loan losses 7,912 747 8,659 Benefit attributable to the FDIC indemnification asset — (451 ) (451 ) Provision for loan losses charged to operations 7,912 296 8,208 Provision for loan losses recorded through the FDIC indemnification asset — 451 451 Charge-offs (12,527 ) — (12,527 ) Recoveries 2,175 — 2,175 Net charge-offs (10,352 ) — (10,352 ) Ending balance $ 23,322 $ 755 $ 24,077
Allowance for Loan Losses and Recorded Investment in Loans, Evaluated for Impairment Excluding PCI Loans, by Loan Class	The following tables present the Company’s allowance for loan losses and recorded investment in loans evaluated for impairment, excluding PCI loans, by loan class, as of the dates indicated: December 31, 2015 (Amounts in thousands) Loans Allowance for Loans Allowance Commercial loans Construction, development, and other land $ — $ — $ 53,437 $ 1,119 Commercial and industrial — — 89,885 504 Multi-family residential — — 95,486 1,535 Single family non-owner occupied 1,401 124 147,209 3,245 Non-farm, non-residential 14,094 1,568 478,839 4,825 Agricultural — — 2,945 22 Farmland — — 28,183 190 Total commercial loans 15,495 1,692 895,984 11,440 Consumer real estate loans Home equity lines — — 126,691 1,091 Single family owner occupied 6,874 672 495,761 4,297 Owner occupied construction 349 7 43,323 290 Total consumer real estate loans 7,223 679 665,775 5,678 Consumer and other loans Consumer loans — — 72,084 690 Other — — 7,338 — Total consumer and other loans — — 79,422 690 Total loans, excluding PCI loans $ 22,718 $ 2,371 $ 1,641,181 $ 17,808 December 31, 2014 (Amounts in thousands) Loans Allowance Loans Allowance Commercial loans Construction, development, and other land $ — $ — $ 51,608 $ 1,151 Commercial and industrial — — 85,353 690 Multi-family residential — — 98,880 1,917 Single family non-owner occupied 833 45 135,223 3,183 Non-farm, non-residential 9,477 1,000 475,353 4,805 Agricultural — — 1,642 13 Farmland — — 30,233 206 Total commercial loans 10,310 1,045 878,292 11,965 Consumer real estate loans Home equity lines — — 134,006 1,330 Single family owner occupied 5,738 437 489,820 4,498 Owner occupied construction — — 32,983 224 Total consumer real estate loans 5,738 437 656,809 6,052 Consumer and other loans Consumer loans — — 69,429 670 Other — — 6,555 — Total consumer and other loans — — 75,984 670 Total loans, excluding PCI loans $ 16,048 $ 1,482 $ 1,611,085 $ 18,687
Allowance Excluding Purchased Credit Impaired
Aggregate Activity in Allowance for Loan Losses	The following tables present the components of the activity in the allowance for loan losses, excluding PCI loans, by loan segment, in the periods indicated: Year Ended December 31, 2015 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 13,010 $ 6,489 $ 670 $ 20,169 Provision for loan losses charged to operations 931 95 1,140 2,166 Loans charged off (1,282 ) (906 ) (1,557 ) (3,745 ) Recoveries credited to allowance 474 678 437 1,589 Net charge-offs (808 ) (228 ) (1,120 ) (2,156 ) Ending balance $ 13,133 $ 6,356 $ 690 $ 20,179 Year Ended December 31, 2014 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 16,090 $ 6,597 $ 635 $ 23,322 Removal of loans transferred (418 ) (244 ) (20 ) (682 ) (Recovery of) provision for loan losses charged to operations (1,988 ) 1,273 1,135 420 Loans charged off (2,928 ) (1,873 ) (1,680 ) (6,481 ) Recoveries credited to allowance 2,254 736 600 3,590 Net charge-offs (674 ) (1,137 ) (1,080 ) (2,891 ) Ending balance $ 13,010 $ 6,489 $ 670 $ 20,169 Year Ended December 31, 2013 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 17,259 $ 7,906 $ 597 $ 25,762 Provision for loan losses charged to operations 5,643 1,364 905 7,912 Loans charged off (7,743 ) (3,115 ) (1,669 ) (12,527 ) Recoveries credited to allowance 931 442 802 2,175 Net charge-offs (6,812 ) (2,673 ) (867 ) (10,352 ) Ending balance $ 16,090 $ 6,597 $ 635 $ 23,322
Purchased Credit Impaired
Aggregate Activity in Allowance for Loan Losses	The following tables present the components of the activity in the allowance for loan losses for PCI loans, by loan segment, in the periods indicated: Year Ended December 31, 2015 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 37 $ 21 $ — $ 58 (Recovery of) provision for PCI loan losses (37 ) 33 — (4 ) Benefit attributable to FDIC indemnification asset 29 — — 29 (Recovery of) provision for loan losses charged to operations (8 ) 33 — 25 Recovery of loan losses recorded through the FDIC indemnification asset (29 ) — — (29 ) Ending balance $ — $ 54 $ — $ 54 Year Ended December 31, 2014 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 77 $ 678 $ — $ 755 Recovery of PCI loan losses (40 ) (657 ) — (697 ) Benefit attributable to FDIC indemnification asset 26 396 — 422 Recovery of loan losses charged to operations (14 ) (261 ) — (275 ) Recovery of loan losses recorded through the FDIC indemnification asset (26 ) (396 ) — (422 ) Ending balance $ 37 $ 21 $ — $ 58 Year Ended December 31, 2013 (Amounts in thousands) Commercial Consumer Real Estate Consumer and Other Total Beginning balance $ 8 $ — $ — $ 8 Provision for PCI loan losses 69 678 — 747 Benefit attributable to FDIC indemnification asset (55 ) (396 ) — (451 ) Recovery of loan losses charged to operations 14 282 — 296 Provision for loan losses recorded through the FDIC indemnification asset 55 396 — 451 Ending balance $ 77 $ 678 $ — $ 755
Allowance for Loan Losses Related to PCI Loans and Recorded Investment in Loans	The following table presents the Company’s allowance for loan losses related to PCI loans and recorded investment in PCI loans, by loan pool, as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Loan Pools Allowance Loan Pools Allowance for Commercial loans Waccamaw commercial $ 3,788 $ — $ 13,392 $ 37 Waccamaw lines of credit — — 461 — Peoples commercial 5,525 — 5,875 — Other 1,254 — 1,358 — Total commercial loans 10,567 — 21,086 37 Consumer real estate loans Waccamaw serviced home equity lines 29,241 — 37,342 — Waccamaw residential 1,678 1 2,638 — Peoples residential 1,156 53 1,215 21 Total consumer real estate loans 32,075 54 41,195 21 Consumer and other loans Waccamaw consumer (1) — — 2 — Total loans $ 42,642 $ 54 $ 62,283 $ 58 (1) Closed during the first quarter of 2015.

FDIC Indemnification Asset (Tab

FDIC Indemnification Asset (Tables)	12 Months Ended
	Dec. 31, 2015
Changes in Receivable from FDIC	The following table presents activity in the FDIC indemnification asset in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 Beginning balance $ 27,900 $ 34,691 (Decrease) increase in estimated losses on covered loans (28 ) (422 ) Increase in estimated losses on covered OREO 1,489 1,851 Reimbursable expenses from the FDIC 545 527 Net amortization (6,379 ) (3,979 ) Reimbursements from the FDIC (2,683 ) (4,768 ) Ending balance $ 20,844 $ 27,900

Premises, Equipment, and Leas41

Premises, Equipment, and Leases (Tables)	12 Months Ended
	Dec. 31, 2015
Components of Premises and Equipment	The following table presents the components of premises and equipment as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Land $ 19,155 $ 19,166 Buildings and leasehold improvements 50,776 50,729 Equipment 36,709 38,103 106,640 107,998 Accumulated depreciation and amortization 53,884 52,154 Total premises and equipment, net $ 52,756 $ 55,844
Future Minimum Lease Payments Required Under Operating Leases	The following schedule presents future minimum lease payments required under noncancelable operating leases, with initial or remaining terms in excess of one year, by year, as of December 31, 2015: (Amounts in thousands) 2016 $ 733 2017 591 2018 528 2019 376 2020 210 2021 and thereafter 887 $ 3,325

Goodwill and Other Intangible42

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Activity in Goodwill, by Reporting Unit	The following table presents the activity in goodwill, by reporting unit, in the periods indicated: (Amounts in thousands) Community Insurance Total Beginning balance, January 1, 2015 $ 91,455 $ 9,267 $ 100,722 Acquisitions and dispositions, net — (324 ) (324 ) Cash consideration paid — 88 88 Ending balance, December 31, 2015 $ 91,455 $ 9,031 $ 100,486 Beginning balance, January 1, 2014 $ 96,541 $ 8,914 $ 105,455 Acquisitions and dispositions, net (6,454 ) — (6,454 ) Cash consideration paid 1,368 353 1,721 Ending balance, December 31, 2014 $ 91,455 $ 9,267 $ 100,722 Beginning balance, January 1, 2013 $ 96,717 $ 8,149 $ 104,866 Acquisitions and dispositions, net (176 ) 324 148 Cash consideration paid — 441 441 Ending balance, December 31, 2013 $ 96,541 $ 8,914 $ 105,455
Components of Other Intangible Assets, by Reporting Unit	The following table presents the components of other intangible assets, by reporting unit, as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Community Insurance Total Community Insurance Total Core deposit intangibles $ 12,282 $ — $ 12,282 $ 12,282 $ — $ 12,282 Accumulated amortization (7,958 ) — (7,958 ) (7,148 ) — (7,148 ) Core deposit intangibles, net 4,324 — 4,324 5,134 — 5,134 Other identifiable intangibles 535 3,711 4,246 535 3,711 4,246 Accumulated amortization (464 ) (2,863 ) (3,327 ) (437 ) (2,522 ) (2,959 ) Other identifiable intangibles, net 71 848 919 98 1,189 1,287 Total other intangible assets, net $ 4,395 $ 848 $ 5,243 $ 5,232 $ 1,189 $ 6,421
Estimated Amortization Expense for Intangible Assets, by Year	The following schedule presents the estimated amortization expense for intangible assets, by year, as of December 31, 2015: (Amounts in thousands) 2016 $ 1,034 2017 821 2018 624 2019 438 2020 438 2021 and thereafter 1,845 $ 5,200

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Components of Deposits	The following table presents the components of deposits as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Noninterest-bearing demand deposits $ 451,511 $ 417,729 Interest-bearing deposits: Interest-bearing demand deposits 347,705 353,874 Money market accounts 213,982 225,196 Savings deposits 316,603 300,282 Certificates of deposit 408,519 557,352 Individual retirement accounts 134,939 146,326 Total interest-bearing deposits 1,421,748 1,583,030 Total deposits $ 1,873,259 $ 2,000,759
Scheduled Maturities of Time Deposits	The following schedule presents the contractual maturities of time deposits as of December 31, 2015: (Amounts in thousands) 2016 $ 286,687 2017 77,117 2018 61,662 2019 45,874 2020 69,796 2021 and thereafter 2,322 $ 543,458
Scheduled Maturities of Certificates of Deposit of $250 Thousand or More	The following schedule presents the contractual maturities of time deposits of $250 thousand or more as of December 31, 2015: (Amounts in thousands) Three months or less $ 6,813 Over three through six months 4,700 Over six through twelve months 7,401 Over twelve months 22,433 $ 41,347

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2015
Composition of Borrowings	The following table presents the composition of borrowings as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Balance Weighted (1) Balance Weighted (1) Federal funds purchased $ — — $ — — Securities sold under agreements to repurchase: Retail 88,614 0.10 % 71,742 0.13 % Wholesale 50,000 3.71 % 50,000 3.71 % Total securities sold under agreements to repurchase 138,614 121,742 FHLB borrowings 65,000 4.03 % 90,000 4.07 % Subordinated debt 15,464 15,464 Other debt 292 2,535 Total borrowings $ 219,370 $ 229,741 (1) Weighted average contractual rate
Schedule of Remaining Contractual Maturities of Repurchase Agreements by Type of Collateral Pledged	The following schedule presents the remaining contractual maturities of repurchase agreements, by type of collateral pledged, as of December 31, 2015: (Amounts in thousands) Overnight and Up to 30 30-90 Days Greater Than Total U.S. Agency securities $ 71,588 $ — $ — $ — $ 71,588 Municipal securities — — — 1,047 1,047 Mortgage-backed Agency securities 15,016 202 — 50,761 65,979 Total $ 86,604 $ 202 $ — $ 51,808 $ 138,614
Contractual Maturities of Wholesale Repurchase Agreements and FHLB Borrowings, by Year	The following schedule presents the contractual maturities of wholesale repurchase agreements and FHLB borrowings, by year, as of December 31, 2015: (Amounts in thousands) Wholesale Repurchase FHLB Total 2016 $ 25,000 $ — $ 25,000 2017 — 15,000 15,000 2018 — — — 2019 25,000 — 25,000 2020 — — — 2021 and thereafter — 50,000 50,000 $ 50,000 $ 65,000 $ 115,000 Weighted average maturity (in years) 2.08 4.17 3.26

Derivative Instruments and He45

Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2015
Aggregate Contractual or Notional Amounts and Fair Value of Derivative Financial Instruments	The following table presents the aggregate contractual or notional amounts and the fair values of the Company’s derivative instruments as of the dates indicated: December 31, 2015 2014 (Amounts in thousands) Notional or Contractual Derivative Derivative Notional or Derivative Derivative Derivatives designated as hedges: Interest rate swaps $ 5,335 $ — $ 251 $ 4,363 $ — $ 209 Derivatives not designated as hedges: IRLCs — — — 1,391 5 — Forward sale loan commitments — — — 3,183 — 5 Total derivatives not designated as hedges — — — 4,574 5 5 Total derivatives $ 5,335 $ — $ 251 $ 8,937 $ 5 $ 214
Effect of Derivative and Hedging Activity, on Statement of Income	The following table presents the effect of the Company’s derivative and hedging activity, if applicable, on the statement of income in the periods indicated: Year Ended December 31, (Amounts in thousands) Income Statement Location 2015 2014 2013 Derivatives designated as hedges: Interest rate swaps Other income $ — $ — $ — Derivatives not designated as hedges: IRLCs Other income — — (169 ) Forward sale loan commitments Other income — — 41 Total derivatives not designated as hedges — — (128 ) Total derivatives $ — $ — $ (128 )

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Defined SERP
Net Periodic Benefit Cost	The following table presents the components of the SERP’s net periodic pension cost in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Service cost $ 133 $ 106 $ 135 Interest cost 281 290 246 Amortization of losses 7 — 49 Amortization of prior service cost 187 187 187 Net periodic cost $ 608 $ 583 $ 617
Projected Benefit Payments	The following schedule presents the projected benefit payments to be paid under the SERP, by year, as of December 31, 2015: (Amounts in thousands) 2016 $ 249 2017 352 2018 352 2019 350 2020 374 2021 through 2025 2,118
Directors Plan
Net Periodic Benefit Cost	The following table presents the components of the Directors’ Plan’s net periodic pension cost in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Service cost $ 47 $ 22 $ 26 Interest cost 53 46 41 Amortization of losses 60 — 1 Amortization of prior service cost 72 73 90 Net periodic cost $ 232 $ 141 $ 158
Projected Benefit Payments	The following schedule presents the projected benefit payments to be paid under the Directors’ Plan, by year, as of December 31, 2015: (Amounts in thousands) 2016 $ 84 2017 110 2018 108 2019 106 2020 149 2021 through 2025 702

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Pre-tax Compensation Expense and Excess Tax Benefit Recognized in Earnings	The following table presents the pre-tax compensation expense and excess tax benefit recognized in earnings for all equity-based compensation plans in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Pre-tax compensation expense $ 93 $ 349 $ 574 Excess tax benefit 8 5 9
Stock Option Activity	The following table presents stock option activity under the equity-based compensation plans in the period indicated: (Amounts in thousands, except share and per share data) Option Shares Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Outstanding, January 1, 2015 326,022 $ 20.54 Granted — — Exercised 4,323 12.64 Canceled 85,295 21.98 Outstanding, December 31, 2015 236,404 $ 20.17 5.5 $ 707 Exercisable, December 31, 2015 236,404 $ 20.17 5.5 $ 707
Restricted Stock Activity	The following table presents restricted stock activity under the equity-based compensation plans in the period indicated: Shares Weighted Average Grant-Date Nonvested, January 1, 2015 900 $ 16.24 Granted 9,654 16.90 Vested (5,227 ) 16.84 Canceled — — Nonvested, December 31, 2015 5,327 $ 16.85
Performance Stock Activity	The following table presents performance stock activity under the 2012 Plan in the period indicated: Shares Weighted Average Grant-Date Nonvested, January 1, 2015 22,902 $ 15.79 Granted — — Vested (12,906 ) 15.77 Canceled (148 ) 15.56 Nonvested, December 31, 2015 9,848 $ 15.83

Other Operating Income and Ex48

Other Operating Income and Expense (Tables)	12 Months Ended
	Dec. 31, 2015
Components of Other Operating Income and Expense	The following table presents the components of other operating income and expense in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Other operating income Increase in cash value of bank owned life insurance $ 1,690 $ 1,304 $ 1,162 Other (1) 2,439 3,051 4,073 Total other operating income $ 4,129 $ 4,355 $ 5,235 Other operating expense Service fees $ 3,401 $ 3,856 $ 3,157 OREO expense and net loss 2,438 2,094 2,037 ATM processing expenses 2,407 2,102 1,605 Telephone and data communications 1,595 1,715 1,707 Advertising and public relations 1,309 1,001 1,686 Professional fees 1,272 1,436 2,564 Office supplies 1,228 1,514 1,472 Premises and equipment write-downs 259 935 1,520 Other (1) 7,202 7,589 7,500 Total other operating expense $ 21,111 $ 22,242 $ 23,248 (1) Other components of other operating income or expense that do not exceed 1% of total income.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Components of Income Tax Expense	The following table presents the components of income tax expense in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Current tax expense (benefit): Federal $ (254 ) $ 7,234 $ 12,819 State 581 1,325 1,743 Total current tax expense 327 8,559 14,562 Deferred tax expense (benefit): Federal 10,034 2,971 (3,136 ) State 1,020 794 (518 ) Total deferred tax expense (benefit) 11,054 3,765 (3,654 ) Total income tax expense $ 11,381 $ 12,324 $ 10,908
Significant Components of Net Deferred Tax Asset	The following table presents the significant components of the net deferred tax asset as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Deferred tax assets: Allowance for loan losses $ 7,741 $ 7,519 Unrealized losses on available-for-sale securities 2,331 2,560 Unrealized asset losses 1,511 4,477 Purchase accounting 5,014 5,343 FDIC assisted transactions 6,551 6,582 Intangible assets 4,082 7,584 Deferred compensation assets 4,529 4,421 Other deferred tax assets 2,578 6,427 Total deferred tax assets 34,337 44,913 Deferred tax liabilities: FDIC indemnification asset 13,162 12,548 Fixed assets 2,658 2,453 Odd days interest deferral 1,975 2,007 Other 347 442 Total deferred tax liabilities 18,142 17,450 Net deferred tax asset $ 16,195 $ 27,463
Reconciliation of Statutory Federal Tax Rate and Effective Tax Rate from Continuing Operations	The following table reconciles the federal statutory tax rate to the Company’s effective tax rate from continuing operations in the periods indicated: Year Ended December 31, (Amounts in thousands) 2015 2014 2013 Federal statutory tax rate 35.00 % 35.00 % 35.00 % (Reduction) increase resulting from: Tax-exempt interest (4.07 ) (4.35 ) (5.14 ) State income taxes, net of federal benefit 1.78 2.66 2.35 Bank owned life insurance (1.92 ) (1.47 ) (1.48 ) Other, net 0.89 0.75 1.15 Effective tax rate 31.68 % 32.59 % 31.88 %

Accumulated Other Comprehensi50

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2015
Components of Accumulated Other Comprehensive Income, Net of Tax	The following table presents the activity in AOCI, net of tax, by component for the periods indicated: (Amounts in thousands) Unrealized Gains (Losses) Employee Total Beginning balance, January 1, 2015 $ (4,266 ) $ (1,339 ) $ (5,605 ) Other comprehensive gain before reclassifications 291 180 471 Reclassified from AOCI 90 (203 ) (113 ) Net comprehensive gain (loss) 381 (23 ) 358 Ending balance, December 31, 2015 $ (3,885 ) $ (1,362 ) $ (5,247 ) Beginning balance, January 1, 2014 $ (13,640 ) $ (1,100 ) $ (14,740 ) Other comprehensive gain (loss) before reclassifications 10,697 (77 ) 10,620 Reclassified from AOCI (1,323 ) (162 ) (1,485 ) Net comprehensive gain (loss) 9,374 (239 ) 9,135 Ending balance, December 31, 2014 $ (4,266 ) $ (1,339 ) $ (5,605 ) Beginning balance, January 1, 2013 $ (283 ) $ (1,542 ) $ (1,825 ) Other comprehensive (loss) gain before reclassifications (13,406 ) 647 (12,759 ) Reclassified from AOCI 49 (205 ) (156 ) Net comprehensive (loss) gain (13,357 ) 442 (12,915 ) Ending balance, December 31, 2013 $ (13,640 ) $ (1,100 ) $ (14,740 )
Reclassifications Out of Accumulated Other Comprehensive Income	The following table presents reclassifications out of AOCI by component in the periods indicated: Year Ended December 31, Income Statement Line Item Affected (Amounts in thousands) 2015 2014 2013 Available-for-sale securities Gains (losses) realized in net income $ 144 $ (1,385 ) $ 399 Net gain (loss) on sale of securities Credit-related OTTI recognized in net income — (737 ) (320 ) Net impairment losses recognized in earnings 144 (2,122 ) 79 Income before taxes Income tax effect 54 (799 ) 30 Income tax expense (benefit) 90 (1,323 ) 49 Net income Employee benefit plans Amortization of prior service cost (260 ) (260 ) (277 ) (1) Amortization of losses (66 ) — (50 ) (1) (326 ) (260 ) (327 ) Income before taxes Income tax effect (123 ) (98 ) (122 ) Income tax expense (benefit) (203 ) (162 ) (205 ) Net income Reclassified from AOCI, net of tax $ (113 ) $ (1,485 ) $ (156 ) Net income (1) Amortization is included in net periodic pension cost. See Note 13, “Employee Benefit Plans.”

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables summarize financial assets and liabilities recorded at fair value on a recurring basis, segregated by the level of valuation inputs in the fair value hierarchy, as of the dates indicated: December 31, 2015 Total Fair Value Fair Value Measurements Using (Amounts in thousands) Level 1 Level 2 Level 3 Available-for-sale securities: U.S. Agency securities $ 30,702 $ — $ 30,702 $ — Municipal securities 128,678 — 128,678 — Single issue trust preferred securities 47,832 — 47,832 — Corporate securities 70,333 — 70,333 — Certificates of deposit 5,000 — 5,000 — Agency MBS 83,556 — 83,556 — Equity securities 72 54 18 — Total available-for-sale securities $ 366,173 $ 54 $ 366,119 $ — Fair value loans $ 4,886 $ — $ 4,886 $ — Deferred compensation assets $ 3,464 $ 3,464 $ — $ — Deferred compensation liabilities $ 3,464 $ 3,464 $ — $ — Derivative liabilities Interest rate swaps $ 251 $ — $ 251 $ — Total derivative liabilities $ 251 $ — $ 251 $ — December 31, 2014 Total Fair Value Fair Value Measurements Using (Amounts in thousands) Level 1 Level 2 Level 3 Available-for-sale securities: U.S. Agency securities $ 33,598 $ — $ 33,598 $ — Municipal securities 138,915 — 138,915 — Single issue trust preferred securities 46,137 — 46,137 — Corporate securities 5,109 — 5,109 — Agency MBS 102,119 — 102,119 — Equity securities 239 221 18 — Total available-for-sale securities $ 326,117 $ 221 $ 325,896 $ — Fair value loans $ 3,406 $ — $ 3,406 $ — Deferred compensation assets $ 3,380 $ 3,380 $ — $ — Derivative assets Forward sale loan commitments $ 5 $ — $ 5 $ — Total derivative assets $ 5 $ — $ 5 $ — Deferred compensation liabilities $ 3,380 $ 3,380 $ — $ — Derivative liabilities Interest rate swaps $ 209 $ — $ 209 $ — IRLCs 5 — 5 — Total derivative liabilities $ 214 $ — $ 214 $ —
Assets Measured at Fair Value on Nonrecurring Basis	The following tables summarize assets measured at fair value on a nonrecurring basis, segregated by the level of valuation inputs in the fair value hierarchy, in the periods indicated: December 31, 2015 Total Fair Value Fair Value Measurements Using (Amounts in thousands) Level 1 Level 2 Level 3 Impaired loans not covered by loss share agreements $ 9,164 — — $ 9,164 OREO, not covered by loss share agreements 4,819 — — 4,819 OREO, covered by loss share agreements 4,034 — — 4,034 December 31, 2014 Total Fair Value Fair Value Measurements Using (Amounts in thousands) Level 1 Level 2 Level 3 Impaired loans not covered by loss share agreements $ 4,999 — — $ 4,999 OREO, not covered by loss share agreements 5,462 — — 5,462 OREO, covered by loss share agreements 5,247 — — 5,247
Quantitative Information for Assets Measured at Fair Value on Nonrecurring Basis	The following table presents quantitative information for assets measured at fair value on a nonrecurring basis using Level 3 valuation inputs in the periods indicated: Valuation Technique Unobservable Input Range (Weighted Average) December 31, 2015 December 31, 2014 Impaired loans Discounted appraisals (1) Appraisal adjustments (2) 1% to 39% (21%) 1% to 33% (22%) OREO, not covered Discounted appraisals (1) Appraisal adjustments (2) 1% to 100% (33%) 10% to 47% (26%) OREO, covered Discounted appraisals (1) Appraisal adjustments (2) 21% to 65% (46%) 10% to 52% (44%) (1) Fair value is generally based on appraisals of the underlying collateral. (2) Appraisals may be adjusted by management for customized discounting criteria, estimated sales costs, and proprietary qualitative adjustments.
Carrying Amount and Fair Value of Company's Financial Instruments	The following tables present the carrying amount and fair value of the Company’s financial instruments, segregated by the level of valuation inputs in the fair value hierarchy, as of the dates indicated: December 31, 2015 Carrying Fair Value Measurements Using (Amounts in thousands) Amount Fair Value Level 1 Level 2 Level 3 Assets Cash and cash equivalents $ 51,787 $ 51,787 $ 51,787 $ — $ — Available-for-sale securities 366,173 366,173 54 366,119 — Held-to-maturity securities 72,541 72,490 — 72,490 — Loans held for sale — — — — — Loans held for investment less allowance 1,686,308 1,685,061 — 5,137 1,679,924 FDIC indemnification asset 20,844 10,753 — — 10,753 Accrued interest receivable 6,007 6,007 — 6,007 — Derivative financial assets — — — — — Deferred compensation assets 3,464 3,464 3,464 — — Liabilities Demand deposits $ 451,511 $ 451,511 $ — $ 451,511 $ — Interest-bearing demand deposits 347,705 347,705 — 347,705 — Savings deposits 530,585 530,585 — 530,585 — Time deposits 543,458 541,059 — 541,059 — Securities sold under agreements to repurchase 138,614 140,880 — 140,880 — Accrued interest payable 1,260 1,260 — 1,260 — FHLB and other borrowings 80,756 85,774 — 85,774 — Derivative financial liabilities 251 251 — 251 — Deferred compensation liabilities 3,464 3,464 3,464 — — December 31, 2014 Carrying Fair Value Measurements Using (Amounts in thousands) Amount Fair Value Level 1 Level 2 Level 3 Assets Cash and cash equivalents $ 237,660 $ 237,660 $ 237,660 $ — $ — Available-for-sale securities 326,117 326,117 221 325,896 — Held-to-maturity securities 57,948 57,889 — 57,889 — Loans held for sale 1,792 1,790 — 1,790 — Loans held for investment less allowance 1,669,189 1,738,553 — 3,406 1,735,147 FDIC indemnification asset 27,900 18,040 — — 18,040 Accrued interest receivable 6,315 6,315 — 6,315 — Derivative financial assets 5 5 — 5 — Deferred compensation assets 3,380 3,380 3,380 — — Liabilities Demand deposits $ 417,729 $ 417,729 $ — $ 417,729 $ — Interest-bearing demand deposits 353,874 353,874 — 353,874 — Savings deposits 525,478 525,478 — 525,478 — Time deposits 703,678 704,590 — 704,590 — Securities sold under agreements to repurchase 121,742 123,114 — 123,114 — Accrued interest payable 1,668 1,668 — 1,668 — FHLB and other borrowings 107,999 116,599 — 116,599 — Derivative financial liabilities 214 214 — 214 — Deferred compensation liabilities 3,380 3,380 3,380 — —

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Deposit and Loan Transactions with Related Parties	The following table summarizes deposit and loan activity with related parties in the periods indicated: (Amounts in thousands) Deposits Loans Beginning balance, January 1, 2015 $ 3,820 $ 22,826 Increase in accounts, including new accounts 4,084 1,066 Decrease in accounts, including closed accounts (1,356 ) (2,006 ) Net change 2,728 (940 ) Ending balance, December 31, 2015 $ 6,548 $ 21,886 Beginning balance, January 1, 2014 $ 2,922 $ 17,181 Increase in accounts, including new accounts 1,321 6,123 Decrease in accounts, including closed accounts (423 ) (478 ) Net change 898 5,645 Ending balance, December 31, 2014 $ 3,820 $ 22,826 Beginning balance, January 1, 2013 $ 2,589 $ 16,617 Increase in accounts, including new accounts 907 2,037 Decrease in accounts, including closed accounts (574 ) (1,473 ) Net change 333 564 Ending balance, December 31, 2013 $ 2,922 $ 17,181

Litigation, Commitments, and 53

Litigation, Commitments, and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Off-Balance Sheet Financial Instruments	The following table presents the Company’s off-balance sheet financial instruments as of the dates indicated: December 31, (Amounts in thousands) 2015 2014 Commitments to extend credit $ 235,302 $ 236,471 Commitments related to secondary market mortgage loans — 1,391 Standby letters of credit and financial guarantees 7,765 3,581 Total off-balance sheet risk $ 243,067 $ 241,443 Reserve for unfunded commitments $ 326 $ 326

Regulatory Capital Requiremen54

Regulatory Capital Requirements and Restrictions (Tables)	12 Months Ended
	Dec. 31, 2015
Company's and Bank's Capital Ratios	The following table presents actual and required capital ratios as of December 31, 2015, under the Basel III Capital Rules. The minimum required capital amounts presented include the minimum capital levels as of December 31, 2015, based on the phase-in provisions of the Basel III Capital Rules and the minimum required capital levels as of January 1, 2019, when the Basel III Capital Rules are fully phased in. A detailed description of the Basel III Capital Rules is included in Item 1, “Capital Adequacy Requirements” in Part I of this report. December 31, 2015 Actual Minimum Capital Minimum Capital To Be Well (Amounts in thousands) Amount Ratio Amount Ratio Amount Ratio Amount Ratio Common Equity Tier 1 Ratio First Community Bancshares, Inc. $ 246,237 14.54 % $ 76,196 4.50 % $ 118,527 7.00 % NA NA First Community Bank 228,669 13.60 % 75,682 4.50 % 117,728 7.00 % 109,319 6.50 % Total Capital to Risk-Weighted Assets First Community Bancshares, Inc. 269,998 15.95 % 135,459 8.00 % 177,791 10.50 % NA NA First Community Bank 249,228 14.82 % 134,546 8.00 % 176,592 10.50 % 168,183 10.00 % Tier 1 Capital to Risk-Weighted Assets First Community Bancshares, Inc. 249,436 14.73 % 101,595 6.00 % 143,926 8.50 % NA NA First Community Bank 228,669 13.60 % 100,910 6.00 % 142,955 8.50 % 134,546 8.00 % Tier 1 Capital to Average Assets (Leverage) First Community Bancshares, Inc. 249,436 10.62 % 93,935 4.00 % 93,935 4.00 % NA NA First Community Bank 228,669 9.77 % 93,616 4.00 % 93,616 4.00 % 117,020 5.00 % The following table presents the Company’s and the Bank’s actual and required capital ratios as of December 31, 2014, under the regulatory capital rules then in effect. December 31, 2014 Actual For Capital To Be Well (Amounts in thousands) Amount Ratio Amount Ratio Amount Ratio Total Capital to Risk-Weighted Assets First Community Bancshares, Inc. $ 284,999 17.68 % $ 128,962 8.00 % N/A N/A First Community Bank 251,256 15.73 % 127,761 8.00 % $ 159,701 10.00 % Tier 1 Capital to Risk-Weighted Assets First Community Bancshares, Inc. 264,838 16.43 % 64,481 4.00 % N/A N/A First Community Bank 231,286 14.48 % 63,881 4.00 % 95,821 6.00 % Tier 1 Capital to Average Assets (Leverage) First Community Bancshares, Inc. 264,838 10.12 % 104,679 4.00 % N/A N/A First Community Bank 231,286 8.87 % 104,330 4.00 % 130,412 5.00 %

Parent Company Financial Info55

Parent Company Financial Information (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Balance Sheets	The following tables present condensed financial information for the parent company as of the dates and in the periods indicated: CONDENSED BALANCE SHEETS December 31, (Amounts in thousands) 2015 2014 Assets Cash and due from banks $ 8,367 $ 21,646 Securities available for sale 8,459 8,172 Investment in subsidiary 336,311 334,155 Other assets 5,489 5,100 Total assets $ 358,626 $ 369,073 Liabilities Other borrowings $ 145 $ 2,235 Subordinated debt 15,464 15,464 Total liabilities 15,609 17,699 Stockholders’ Equity Preferred stock — 15,151 Common stock 21,382 20,500 Additional paid-in capital 227,692 215,873 Retained earnings 154,550 140,014 Treasury stock (56,457 ) (35,751 ) Accumulated other comprehensive loss (4,150 ) (4,413 ) Total stockholders’ equity 343,017 351,374 Total liabilities and stockholders’ equity $ 358,626 $ 369,073
Condensed Statements of Income	CONDENSED STATEMENTS OF INCOME Years Ended December 31, (Amounts in thousands) 2015 2014 2013 Cash dividends received from subsidiary bank $ 22,970 $ 14,148 $ 43,900 Other income 1,039 515 726 Operating expense (2,080 ) (1,793 ) (1,647 ) Income tax expense 616 511 368 Equity in undistributed earnings of subsidiary 1,995 12,109 (20,035 ) Net income 24,540 25,490 23,312 Dividends on preferred stock 105 910 1,024 Net income available to common shareholders $ 24,435 $ 24,580 $ 22,288
Condensed Statements of Cash Flows	CONDENSED STATEMENTS OF CASH FLOWS Years Ended December 31, (Amounts in thousands) 2015 2014 2013 Operating activities Net income $ 24,540 $ 25,490 $ 23,312 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of subsidiary (1,995 ) (12,109 ) 20,035 (Gain) loss on sale of securities (38 ) 2 (193 ) Decrease (increase) in other assets 1,104 4,624 (5,293 ) (Decrease) increase in other liabilities (1,773 ) (347 ) 333 Decrease (increase) in other operating activities 43 (65 ) (106 ) Net cash provided by operating activities 21,881 17,595 38,088 Investing activities Proceeds from sales of securities available-for-sale 199 5,030 3,380 Payments to acquire securities available-for-sale — — (5,000 ) Investment in subsidiary — (2,000 ) — Net cash provided by (used in) investing activities 199 3,030 (1,620 ) Financing activities (Repayments of) proceeds from other borrowings (2,000 ) 2,000 — Redemption of preferred stock (2,367 ) — — Proceeds from stock options exercised 264 89 789 Payments for repurchase of treasury stock (21,525 ) (2,168 ) (28,421 ) Payments of common dividends (9,994 ) (9,200 ) (9,476 ) Payments of preferred dividends (219 ) (910 ) (992 ) Proceeds from other financing activities 482 338 28 Net cash used in financing activities (35,359 ) (9,851 ) (38,072 ) Net (decrease) increase in cash and cash equivalents (13,279 ) 10,774 (1,604 ) Cash and cash equivalents at beginning of year 21,646 10,872 12,476 Cash and cash equivalents at end of year $ 8,367 $ 21,646 $ 10,872

Quarterly Financial Data (Una56

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Quarterly Earnings	The following tables present selected financial data by quarter for the periods indicated: Year Ended December 31, 2015 (Amounts in thousands, except share and per share data) First Quarter Second Third Quarter Fourth Interest income $ 24,098 $ 23,979 $ 24,348 $ 23,677 Interest expense 3,259 2,909 2,679 2,502 Net interest income 20,839 21,070 21,669 21,175 Provision for loan losses 1,100 276 381 434 Net interest income after provision for loan losses 19,739 20,794 21,288 20,741 Other income, excluding net (loss) gain on sale of securities 6,859 7,924 7,113 7,490 Net (loss) gain on sale of securities (23 ) 213 (39 ) (7 ) Total noninterest expense 17,780 20,289 19,019 19,083 Income before income taxes 8,795 8,642 9,343 9,141 Income tax 2,837 2,467 3,084 2,993 Net income 5,958 6,175 6,259 6,148 Dividends on preferred stock 105 — — — Net income available to common shareholders $ 5,853 $ 6,175 $ 6,259 $ 6,148 Basic earnings per common share $ 0.31 $ 0.33 $ 0.34 $ 0.34 Diluted earnings per common share 0.31 0.33 0.34 0.34 Dividend per common share 0.13 0.13 0.14 0.14 Weighted average basic shares outstanding 18,633,574 18,831,742 18,470,348 18,193,824 Weighted average diluted shares outstanding 19,344,443 18,860,119 18,500,975 18,226,719 Year Ended December 31, 2014 (Amounts in thousands, except share and per share data) First Quarter Second Third Quarter Fourth Interest income $ 26,083 $ 26,093 $ 25,751 $ 28,181 Interest expense 4,058 4,025 3,736 3,471 Net interest income 22,025 22,068 22,015 24,710 Provision for (recovery of) loan losses 1,793 1,279 (2,439 ) (488 ) Net interest income after provision for loan losses 20,232 20,789 24,454 25,198 Other income, excluding net gain (loss) on sale of securities 7,189 7,663 7,347 9,189 Net gain (loss) on sale of securities 45 (59 ) 320 (1,691 ) Total noninterest expense 19,180 18,163 21,469 24,050 Income before income taxes 8,286 10,230 10,652 8,646 Income tax 2,561 3,223 3,609 2,931 Net income 5,725 7,007 7,043 5,715 Dividends on preferred stock 228 227 228 227 Net income available to common shareholders $ 5,497 $ 6,780 $ 6,815 $ 5,488 Basic earnings per common share $ 0.30 $ 0.37 $ 0.37 $ 0.30 Diluted earnings per common share 0.29 0.36 0.36 0.29 Dividend per common share 0.12 0.12 0.13 0.13 Weighted average basic shares outstanding 18,423,123 18,395,996 18,402,764 18,403,959 Weighted average diluted shares outstanding 19,506,647 19,457,237 19,466,126 19,482,000

Summary of Significant Accoun57

Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015USD ($)StateBranchSegmentLocationshares	Dec. 31, 2014USD ($)shares	Dec. 31, 2013shares
Summary Of Significant Accounting Policies [Line Items]
Assets managed by the Company	$ 742,000,000
Assets	$ 2,462,276,000	$ 2,607,936,000
Number of business segment | Segment	1
Carrying value and maximum potential loss exposure of VIEs	$ 934,000	1,260,000
Special assets staff reviews loans, amount	$ 250,000
Loan payments delinquency period beyond which loan is considered non-accrual	90 days
TDRs evaluated for specific reserve based on collateral or net present value method	$ 250,000
TDRs subject to reserve based on historical loss rate	$ 250,000
Operating lease term	20 years
Reporting units | Segment	2
Cash dividend Payment Period	3 years
Carrying value and maximum potential loss of equity investments	$ 0	360,000
Each share convertible into shares | shares	69
Redemption of preferred stock, shares | shares	2,367
Redemption of preferred stock	$ 2,367,000
Investment in FHLB of Atlanta
Summary Of Significant Accounting Policies [Line Items]
Investment owned, at cost	5,090,000	6,370,000
FRB Richmond Stock
Summary Of Significant Accounting Policies [Line Items]
Investment owned, at cost	$ 5,640,000	$ 5,580,000
Minimum
Summary Of Significant Accounting Policies [Line Items]
Loan delinquent period	30 days
Furniture, Fixtures and Equipment | Minimum
Summary Of Significant Accounting Policies [Line Items]
Premises and equipment, estimated useful life	5 years
Furniture, Fixtures and Equipment | Maximum
Summary Of Significant Accounting Policies [Line Items]
Premises and equipment, estimated useful life	10 years
Software, Hardware, and Data Handling Equipment | Minimum
Summary Of Significant Accounting Policies [Line Items]
Premises and equipment, estimated useful life	3 years
Software, Hardware, and Data Handling Equipment | Maximum
Summary Of Significant Accounting Policies [Line Items]
Premises and equipment, estimated useful life	5 years
Building and Building Improvements | Minimum
Summary Of Significant Accounting Policies [Line Items]
Premises and equipment, estimated useful life	10 years
Building and Building Improvements | Maximum
Summary Of Significant Accounting Policies [Line Items]
Premises and equipment, estimated useful life	40 years
Land Improvements
Summary Of Significant Accounting Policies [Line Items]
Premises and equipment, estimated useful life	20 years
Consumer Loan
Summary Of Significant Accounting Policies [Line Items]
Loans charged against the allowance for loan losses, past due days	120 days
Consumer Loan | Residential Real Estate
Summary Of Significant Accounting Policies [Line Items]
Loans charged against the allowance for loan losses, past due days	180 days
Consumer Loan | Unsecured Loan
Summary Of Significant Accounting Policies [Line Items]
Loans charged against the allowance for loan losses, past due days	90 days
Other Loans
Summary Of Significant Accounting Policies [Line Items]
Loans charged against the allowance for loan losses, past due days	120 days
GreenPoint Insurance Group
Summary Of Significant Accounting Policies [Line Items]
Number of locations the Company provides services | Location	9
First Community Bank
Summary Of Significant Accounting Policies [Line Items]
Number of operating branches | Branch	50
Number of states the company provides services | State	4
Series A Preferred Stock
Summary Of Significant Accounting Policies [Line Items]
Dividend Rate	6.00%
Number of preferred stock converted | shares	12,784
Redemption of preferred stock, shares | shares	2,367
Redemption of preferred stock	$ 2,370,000
Accrued and unpaid dividends	$ 9,000
Number of Series A Noncumulative Preferred Stock Shares | shares	0	15,151	15,251

Calculation for Basic and Dilut

Calculation for Basic and Diluted Earnings per Common Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Calculation For Basic And Diluted Earnings Per Common Share [Line Items]
Net income	$ 6,148	$ 6,259	$ 6,175	$ 5,958	$ 5,715	$ 7,043	$ 7,007	$ 5,725	$ 24,540	$ 25,490	$ 23,312
Dividends on preferred stock				105	227	228	227	228	105	910	1,024
Net income available to common shareholders	$ 6,148	$ 6,259	$ 6,175	$ 5,853	$ 5,488	$ 6,815	$ 6,780	$ 5,497	$ 24,435	$ 24,580	$ 22,288
Weighted average number of common shares outstanding, basic	18,193,824	18,470,348	18,831,742	18,633,574	18,403,959	18,402,764	18,395,996	18,423,123	18,531,039	18,406,363	19,792,099
Convertible preferred stock									166,942	1,046,175	1,132,998
Contingently issuable shares										11,448	12,352
Weighted average number of common shares outstanding, diluted	18,226,719	18,500,975	18,860,119	19,344,443	19,482,000	19,466,126	19,457,237	19,506,647	18,727,464	19,483,054	20,961,800
Basic earnings per common share	$ 0.34	$ 0.34	$ 0.33	$ 0.31	$ 0.30	$ 0.37	$ 0.37	$ 0.30	$ 1.32	$ 1.34	$ 1.13
Diluted earnings per common share	$ 0.34	$ 0.34	$ 0.33	$ 0.31	$ 0.29	$ 0.36	$ 0.36	$ 0.29	$ 1.31	$ 1.31	$ 1.11
Total potential antidilutive shares									127,882	222,651	317,691
Stock Options
Calculation For Basic And Diluted Earnings Per Common Share [Line Items]
Stock attributable to share based compensation									26,487	18,607	19,337
Total potential antidilutive shares									127,882	222,651	317,420
Restricted Stock
Calculation For Basic And Diluted Earnings Per Common Share [Line Items]
Stock attributable to share based compensation									2,996	461	5,014
Total potential antidilutive shares											271

Acquisitions and Divestitures -

Acquisitions and Divestitures - Additional Information (Detail)	Oct. 31, 2015USD ($)Business	Dec. 12, 2014USD ($)Branch	Oct. 24, 2014USD ($)Branch	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2012USD ($)
Business Acquisition [Line Items]
Net gain on branch divestiture					$ 755,000
Allocation of goodwill				$ 100,486,000	100,722,000	$ 105,455,000	$ 104,866,000
Proceeds from sale of business				(231,000)	(131,230,000)
Insurance Services
Business Acquisition [Line Items]
Net gain on branch divestiture	$ (8,000)
Number of insurance agencies sold | Business	1
Proceeds from sale of business	$ 372,000
Goodwill write down				324,000
Intangible assets write down				61,000
Purchase price						385,000
Cash consideration						150,000
Additional cash consideration						235,000
Earn-out payments related to acquisitions				$ 88,000	$ 353,000	$ 442,000
CresCom Bank
Business Acquisition [Line Items]
Number of operating branches sold | Branch		13
Deposit assumed by the buyer		$ 215,190,000
Loan assumed by the buyer		70,040,000
Net gain on branch divestiture		755,000
Deposit premium received		6,450,000
Allocation of goodwill		$ 6,450,000
Southeastern, Coastal region of North Carolina | CresCom Bank
Business Acquisition [Line Items]
Number of operating branches sold | Branch		10
South Carolina | CresCom Bank
Business Acquisition [Line Items]
Number of operating branches sold | Branch		3
Bank of America
Business Acquisition [Line Items]
Number of operating branches | Branch			7
Deposit held on acquisition date by acquiree			$ 318,880,000
Premium on deposits acquired			5,790,000
Loans recognized			$ 0
Bank of America | Southwestern Virginia
Business Acquisition [Line Items]
Number of operating branches | Branch			6
Bank of America | Central North Carolina
Business Acquisition [Line Items]
Number of operating branches | Branch			1

Net Cash (Received) Paid in Acq

Net Cash (Received) Paid in Acquisitions and Divestitures (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair value of assets and liabilities acquired:
Investments	$ 0	$ 0	$ 0
Loans		140	281
Premises and equipment		4,547
Other assets		4,563
Deposits		(318,877)
Other liabilities		(76)
Purchase price in excess of net assets acquired	88	1,721	663
Total purchase price	88	(307,982)	944
Non-cash purchase price			247
Cash acquired	0	0	0
Net cash paid (received) in acquisitions	88	(307,982)	697
Book value of assets sold	389	(83,283)
Book value of liabilities sold	(152)	215,268
Sales price in excess of net liabilities assumed	(6)	(755)
Total sales price	231	131,230
Cash sold		(1,852)
Amount due remaining on books	(231)
Net cash paid in divestitures		129,378
Net cash paid (received) in acquisitions and divestitures	$ 88	$ (178,604)	$ 697

Amortized Cost and Aggregate Fa

Amortized Cost and Aggregate Fair Value of Available-For-Sale Securities, Including Gross Unrealized Gains and Losses (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 372,389	$ 332,942
Available for sale, Unrealized Gains	4,355	5,432
Available for sale, Unrealized Losses	(10,571)	(12,257)
Available for sale, Fair Value	366,173	326,117
U.S. Agency securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	31,414	34,604
Available for sale, Unrealized Gains	39	11
Available for sale, Unrealized Losses	(751)	(1,017)
Available for sale, Fair Value	30,702	33,598
Single Issue Trust Preferred Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	55,882	55,822
Available for sale, Unrealized Losses	(8,050)	(9,685)
Available for sale, Fair Value	47,832	46,137
Corporate securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	70,571	5,000
Available for sale, Unrealized Gains		109
Available for sale, Unrealized Losses	(238)
Available for sale, Fair Value	70,333	5,109
Mortgage-backed Agency securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	84,576	102,506
Available for sale, Unrealized Gains	155	470
Available for sale, Unrealized Losses	(1,175)	(857)
Available for sale, Fair Value	83,556	102,119
Equity Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	66	226
Available for sale, Unrealized Gains	6	19
Available for sale, Unrealized Losses		(6)
Available for sale, Fair Value	72	239
Municipal securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	124,880	134,784
Available for sale, Unrealized Gains	4,155	4,823
Available for sale, Unrealized Losses	(357)	(692)
Available for sale, Fair Value	128,678	$ 138,915
Certificates of deposit
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	5,000
Available for sale, Fair Value	$ 5,000

Amortized Cost and Fair Value,

Amortized Cost and Fair Value, Of Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Available-for-Sale
Due within one year, Amortized cost	$ 76,671
Due after one year but within five years, Amortized cost	2,569
Due after five years but within ten years, Amortized cost	83,879
Due after ten years, Amortized cost	124,628
Amortized Cost	372,389	$ 332,942
Due within one year, Fair value	76,456
Due after one year but within five years, Fair value	2,604
Due after five years but within ten years, Fair value	87,317
Due after ten years, Fair value	116,168
Fair Value	366,173	326,117
Held-to-Maturity
Due One year or less, Amortized cost	25,248
Due after one year but within five years, Amortized cost	47,293
Due after five years but within ten years, Amortized cost	0
Due after ten years, Amortized cost	0
Held-to-maturity Securities, Amortized Cost	72,541	57,948
Held-to-maturity securities
Due One year or less, Amortized cost	25,200
Due after one year but within five years, Fair value	47,290
Due after five years but within ten years, Fair value	0
Due after ten years, Fair value	0
Total fair value	72,490	57,889
US Treasury Securities
Held-to-Maturity
Due One year or less, Amortized cost	25,058
Due after one year but within five years, Amortized cost	36,805
Due after five years but within ten years, Amortized cost	0
Due after ten years, Amortized cost	0
Held-to-maturity Securities, Amortized Cost	61,863
Held-to-maturity securities
Due One year or less, Amortized cost	25,007
Due after one year but within five years, Fair value	36,825
Due after five years but within ten years, Fair value	0
Due after ten years, Fair value	0
Total fair value	61,832
Municipal securities
Available-for-Sale
Due within one year, Amortized cost	1,100
Due after one year but within five years, Amortized cost	2,567
Due after five years but within ten years, Amortized cost	80,882
Due after ten years, Amortized cost	40,331
Amortized Cost	124,880	134,784
Due within one year, Fair value	1,123
Due after one year but within five years, Fair value	2,602
Due after five years but within ten years, Fair value	84,322
Due after ten years, Fair value	40,631
Fair Value	128,678	138,915
Held-to-Maturity
Due One year or less, Amortized cost	190
Due after five years but within ten years, Amortized cost	0
Due after ten years, Amortized cost	0
Held-to-maturity Securities, Amortized Cost	190	379
Held-to-maturity securities
Due One year or less, Amortized cost	193
Due after five years but within ten years, Fair value	0
Due after ten years, Fair value	0
Total fair value	193	386
Corporate securities
Available-for-Sale
Due within one year, Amortized cost	70,571
Due after ten years, Amortized cost	55,882
Due within one year, Fair value	70,333
Due after ten years, Fair value	47,832
Held-to-Maturity
Due after one year but within five years, Amortized cost	10,488
Due after five years but within ten years, Amortized cost	0
Due after ten years, Amortized cost	0
Held-to-maturity Securities, Amortized Cost	10,488
Held-to-maturity securities
Due after one year but within five years, Fair value	10,465
Due after five years but within ten years, Fair value	0
Due after ten years, Fair value	0
Total fair value	10,465
U.S. Agency securities
Available-for-Sale
Due after one year but within five years, Amortized cost	2
Due after five years but within ten years, Amortized cost	2,997
Due after ten years, Amortized cost	28,415
Due after one year but within five years, Fair value	2
Due after five years but within ten years, Fair value	2,995
Due after ten years, Fair value	27,705
Certificates of deposit
Available-for-Sale
Due within one year, Amortized cost	5,000
Amortized Cost	5,000
Due within one year, Fair value	5,000
Fair Value	5,000
Total Mortgage Backed Securities
Available-for-Sale
Amortized Cost	84,576
Fair Value	83,556
Debt Securities
Available-for-Sale
Amortized Cost	287,747
Fair Value	282,545
Debt Securities | Municipal securities
Available-for-Sale
Amortized Cost	124,880
Fair Value	128,678
Debt Securities | Corporate securities
Available-for-Sale
Amortized Cost	126,453
Fair Value	118,165
Debt Securities | U.S. Agency securities
Available-for-Sale
Amortized Cost	31,414
Fair Value	30,702
Debt Securities | Certificates of deposit
Available-for-Sale
Amortized Cost	5,000
Fair Value	5,000
Equity Securities
Available-for-Sale
Amortized Cost	66	226
Fair Value	$ 72	$ 239

Amortized Cost and Aggregate 63

Amortized Cost and Aggregate Fair Value of Held-to-Maturity Securities, Including Gross Unrealized Gains and Losses (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Amortized Cost	$ 72,541	$ 57,948
Held-to-maturity Securities, Unrealized Gains	78	29
Held-to-maturity Securities, Unrealized Losses	(129)	(88)
Held-to-maturity Securities, Fair Value	72,490	57,889
U.S. Agency securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Amortized Cost	61,863	46,987
Held-to-maturity Securities, Unrealized Gains	75	22
Held-to-maturity Securities, Unrealized Losses	(106)	(54)
Held-to-maturity Securities, Fair Value	61,832	46,955
Corporate securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Amortized Cost	10,488	10,582
Held-to-maturity Securities, Unrealized Losses	(23)	(34)
Held-to-maturity Securities, Fair Value	10,465	10,548
Municipal securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Amortized Cost	190	379
Held-to-maturity Securities, Unrealized Gains	3	7
Held-to-maturity Securities, Fair Value	$ 193	$ 386

Amortized Cost and Fair Value o

Amortized Cost and Fair Value of Municipal Securities by State, Including Gross Unrealized Gains and Losses (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 372,389	$ 332,942
Fair Value	$ 366,173	$ 326,117
Municipal Securities by State
Schedule of Held-to-maturity Securities [Line Items]
Percent of Municipal Portfolio	100.00%	108.09%
Amortized Cost	$ 125,070	$ 135,163
Unrealized Gains	(4,158)	4,830
Unrealized Losses	(357)	692
Fair Value	$ 128,871	$ 139,301
New York | Municipal Securities by State
Schedule of Held-to-maturity Securities [Line Items]
Percent of Municipal Portfolio	11.38%	11.48%
Amortized Cost	$ 14,062	$ 14,064
Unrealized Gains	(602)	730
Fair Value	$ 14,664	$ 14,794
Minnesota | Municipal Securities by State
Schedule of Held-to-maturity Securities [Line Items]
Percent of Municipal Portfolio	8.69%	9.02%
Amortized Cost	$ 10,797	$ 11,188
Unrealized Gains	(420)	463
Unrealized Losses	(14)	30
Fair Value	$ 11,203	$ 11,621
New Jersey | Municipal Securities by State
Schedule of Held-to-maturity Securities [Line Items]
Percent of Municipal Portfolio	8.38%	8.60%
Amortized Cost	$ 10,416	$ 10,567
Unrealized Gains	(388)	515
Fair Value	$ 10,804	$ 11,082
Connecticut | Municipal Securities by State
Schedule of Held-to-maturity Securities [Line Items]
Percent of Municipal Portfolio	7.60%	8.67%
Amortized Cost	$ 9,479	$ 10,775
Unrealized Gains	(315)	393
Fair Value	$ 9,794	$ 11,168
Wisconsin | Municipal Securities by State
Schedule of Held-to-maturity Securities [Line Items]
Percent of Municipal Portfolio	7.76%	8.98%
Amortized Cost	$ 9,786	$ 11,340
Unrealized Gains	(217)	244
Unrealized Losses	(5)	16
Fair Value	$ 9,998	$ 11,568
Ohio | Municipal Securities by State
Schedule of Held-to-maturity Securities [Line Items]
Percent of Municipal Portfolio	8.72%	8.79%
Amortized Cost	$ 11,011	$ 11,145
Unrealized Gains	(283)	337
Unrealized Losses	(64)	148
Fair Value	$ 11,230	$ 11,334
Massachusetts | Municipal Securities by State
Schedule of Held-to-maturity Securities [Line Items]
Percent of Municipal Portfolio	7.69%	7.77%
Amortized Cost	$ 9,554	$ 9,653
Unrealized Gains	(378)	393
Unrealized Losses	(22)	38
Fair Value	$ 9,910	$ 10,008
Texas | Municipal Securities by State
Schedule of Held-to-maturity Securities [Line Items]
Percent of Municipal Portfolio	6.04%	6.87%
Amortized Cost	$ 7,651	$ 8,770
Unrealized Gains	(208)	214
Unrealized Losses	(75)	133
Fair Value	$ 7,784	$ 8,851
IOWA | Municipal Securities by State
Schedule of Held-to-maturity Securities [Line Items]
Percent of Municipal Portfolio	5.03%
Amortized Cost	$ 6,471
Unrealized Gains	(75)
Unrealized Losses	(60)
Fair Value	$ 6,486
Other | Municipal Securities by State
Schedule of Held-to-maturity Securities [Line Items]
Percent of Municipal Portfolio	28.71%	37.93%
Amortized Cost	$ 35,843	$ 47,661
Unrealized Gains	(1,272)	1,541
Unrealized Losses	(117)	327
Fair Value	$ 36,998	$ 48,875

Available-For-Sale Securities i

Available-For-Sale Securities in Continuous Unrealized Loss Position (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	$ 109,950	$ 4,040
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(544)	(17)
Available-for-sale Securities, 12 Months or Longer, Fair Value	119,438	146,382
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(10,027)	(12,240)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	229,388	150,422
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(10,571)	(12,257)
Municipal securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	8,126	1,112
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(48)	(8)
Available-for-sale Securities, 12 Months or Longer, Fair Value	10,393	25,007
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(309)	(684)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	18,519	26,119
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(357)	(692)
U.S. Agency securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	4,441
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(5)
Available-for-sale Securities, 12 Months or Longer, Fair Value	23,922	29,448
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(746)	(1,017)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	28,363	29,448
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(751)	(1,017)
Single Issue Trust Preferred Securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, 12 Months or Longer, Fair Value	47,832	46,137
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(8,050)	(9,685)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	47,832	46,137
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(8,050)	(9,685)
Corporate securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	70,333
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(238)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	70,333
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(238)
Mortgage-backed Agency securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	27,050	2,778
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(253)	(3)
Available-for-sale Securities, 12 Months or Longer, Fair Value	37,291	45,790
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(922)	(854)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	64,341	48,568
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ (1,175)	(857)
Equity Securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value		150
Available-for-sale Securities, Less than 12 Months, Unrealized Losses		(6)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value		150
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss		$ (6)

Held to Maturity Securities in

Held to Maturity Securities in Continuous Unrealized Loss Position (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Less than 12 Months, Fair Value	$ 50,574	$ 38,736
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses	(129)	(88)
Held-to-maturity Securities, 12 Months or Longer, Fair Value	0	0
Held-to-maturity Securities, 12 Months or Longer, Unrealized Losses	0	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	50,574	38,736
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	(129)	(88)
U.S. Agency securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Less than 12 Months, Fair Value	43,723	28,188
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses	(106)	(54)
Held-to-maturity Securities, 12 Months or Longer, Fair Value	0	0
Held-to-maturity Securities, 12 Months or Longer, Unrealized Losses	0	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	43,723	28,188
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	(106)	(54)
Corporate securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Less than 12 Months, Fair Value	6,851	10,548
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses	(23)	(34)
Held-to-maturity Securities, 12 Months or Longer, Fair Value	0	0
Held-to-maturity Securities, 12 Months or Longer, Unrealized Losses	0	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	6,851	10,548
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	$ (23)	$ (34)

Investment Securities - Additio

Investment Securities - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015USD ($)Securities	Dec. 31, 2014USD ($)Securities	Dec. 31, 2013USD ($)
Schedule of Available-for-sale Securities [Line Items]
Number of securities in an unrealized loss position | Securities	107	97
Percentage of combined depreciation of the combined reported value of the aggregate securities portfolio	2.44%	3.21%
Carrying amount of available-for-sale securities pledged	$ 236,730,000	$ 268,780,000
OTTI charges incurred		737,000	$ 320,000
Continuous Loss Position More Than Twelve Months
Schedule of Available-for-sale Securities [Line Items]
Number of securities in an unrealized loss position | Securities	48
Debt Securities
Schedule of Available-for-sale Securities [Line Items]
OTTI charges incurred	$ 0	0
Non Agency Mortgage Backed Securities
Schedule of Available-for-sale Securities [Line Items]
OTTI charges incurred	0	705,000	320,000
Equity Securities
Schedule of Available-for-sale Securities [Line Items]
OTTI charges incurred	$ 0	$ 32,000	$ 0

Net Loss or Gain from Sale of S

Net Loss or Gain from Sale of Securities (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule of Available-for-sale Securities [Line Items]
Gross realized gains									$ 363	$ 2,257	$ 553
Gross realized losses									(219)	(3,642)	(154)
Net gain (loss) on sale of securities	$ (7)	$ (39)	$ 213	$ (23)	$ (1,691)	$ 320	$ (59)	$ 45	$ 144	$ (1,385)	$ 399

Credit Losses Recognized in Ear

Credit Losses Recognized in Earnings for Debt Securities Where Portion of OTTI Recognized in OCI (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2014	Dec. 31, 2013
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Beginning balance	[1]	$ 7,798	$ 7,478
Additions for credit losses on securities previously recognized		705	320
Reduction for securities sold/realized losses		$ (8,503)
Ending balance	[1]		$ 7,798
[1]	The beginning balance includes credit related losses included in OTTI charges recognized on debt securities in prior periods.

Loans - Additional Information

Loans - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Segment	Dec. 31, 2014USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loan portfolio segments | Segment	3
Customer overdraft	$ 1,240	$ 1,440
Deferred loan fees	$ 3,780	$ 3,390

Summary of Loans, Net of Unearn

Summary of Loans, Net of Unearned Income (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 1,623,506	$ 1,567,176
Covered under loss share agreements	83,035	122,240
Total Loans held for investment, net of unearned income	$ 1,706,541	1,689,416
Loans held for sale		$ 1,792
Loans held for investment, net of unearned income, percentage	95.13%	92.76%
Covered loan percentage	4.87%	7.24%
Loans and leases receivable net reported amount covered and not covered percentage	100.00%	100.00%
Commercial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 898,087	$ 862,043
Covered under loss share agreements	$ 25,529	$ 49,340
Loans held for investment, net of unearned income, percentage	52.62%	51.02%
Commercial Loans | Construction Development And Other Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 48,896	$ 41,271
Covered under loss share agreements	$ 6,303	$ 13,100
Loans held for investment, net of unearned income, percentage	2.86%	2.44%
Commercial Loans | Commercial and Industrial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 88,903	$ 83,099
Covered under loss share agreements	$ 1,170	$ 2,662
Loans held for investment, net of unearned income, percentage	5.21%	4.92%
Commercial Loans | Multi-family Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 95,026	$ 97,480
Covered under loss share agreements	$ 640	$ 1,584
Loans held for investment, net of unearned income, percentage	5.57%	5.77%
Commercial Loans | Single-family Non-owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 149,351	$ 135,171
Covered under loss share agreements	$ 2,674	$ 5,918
Loans held for investment, net of unearned income, percentage	8.75%	8.00%
Commercial Loans | Non-farm Non-residential Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 485,460	$ 473,906
Covered under loss share agreements	$ 14,065	$ 25,317
Loans held for investment, net of unearned income, percentage	28.45%	28.05%
Commercial Loans | Agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 2,911	$ 1,599
Covered under loss share agreements	$ 34	$ 43
Loans held for investment, net of unearned income, percentage	0.17%	0.09%
Commercial Loans | Farmland Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 27,540	$ 29,517
Covered under loss share agreements	$ 643	$ 716
Loans held for investment, net of unearned income, percentage	1.61%	1.75%
Consumer Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 646,081	$ 629,231
Covered under loss share agreements	$ 57,422	$ 72,812
Loans held for investment, net of unearned income, percentage	37.86%	37.25%
Consumer Real Estate | Home Equity Lines
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 107,367	$ 110,957
Covered under loss share agreements	$ 48,565	$ 60,391
Loans held for investment, net of unearned income, percentage	6.29%	6.57%
Consumer Real Estate | Single Family Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 495,209	$ 485,475
Covered under loss share agreements	$ 8,595	$ 11,968
Loans held for investment, net of unearned income, percentage	29.02%	28.74%
Consumer Real Estate | Owner Occupied Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 43,505	$ 32,799
Covered under loss share agreements	$ 262	$ 453
Loans held for investment, net of unearned income, percentage	2.55%	1.94%
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 79,338	$ 75,902
Loans held for investment, net of unearned income, percentage	4.65%	4.49%
Consumer and Other Loans | Consumer Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 72,000	$ 69,347
Covered under loss share agreements	$ 84	$ 88
Loans held for investment, net of unearned income, percentage	4.22%	4.10%
Consumer and Other Loans | Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 7,338	$ 6,555
Loans held for investment, net of unearned income, percentage	0.43%	0.39%

Components of Covered Loan Port

Components of Covered Loan Portfolio, Disaggregated by Class (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	$ 83,035	$ 122,240
Commercial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	25,529	49,340
Commercial Loans | Construction Development And Other Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	6,303	13,100
Commercial Loans | Commercial and Industrial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	1,170	2,662
Commercial Loans | Multi-family Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	640	1,584
Commercial Loans | Single-family Non-owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	2,674	5,918
Commercial Loans | Non-farm Non-residential Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	14,065	25,317
Commercial Loans | Agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	34	43
Commercial Loans | Farmland Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	643	716
Consumer Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	57,422	72,812
Consumer Real Estate | Home Equity Lines
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	48,565	60,391
Consumer Real Estate | Single Family Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	8,595	11,968
Consumer Real Estate | Owner Occupied Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	262	453
Consumer and Other Loans | Consumer Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	$ 84	$ 88

Carrying and Contractual Unpaid

Carrying and Contractual Unpaid Principal Balance of PCI loans, by Acquisition (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unpaid Principal Balance	$ 22,835	$ 16,660
PCI loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Balance	42,642	62,283
Unpaid Principal Balance	75,697	101,711
Peoples | PCI loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Balance	6,681	7,090
Unpaid Principal Balance	11,249	13,669
Waccamaw Bank | PCI loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Balance	34,707	53,835
Unpaid Principal Balance	63,151	86,641
Other | PCI loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Balance	1,254	1,358
Unpaid Principal Balance	$ 1,297	$ 1,401

Activity in Accretable Yield Re

Activity in Accretable Yield Related to PCI loans, by Acquisition (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, accretable Yield
Accretable yield, Beginning Balance	$ 23,793	$ 15,640	$ 24,243
Additions	2	293	429
Accretion	(9,171)	(8,302)	(8,247)
Reclassifications from (to) nonaccretable difference	7,847	18,341	3,300
Other changes, net	7,227	(2,179)	(4,085)
Accretable yield, Ending Balance	29,698	23,793	15,640
Peoples
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, accretable Yield
Accretable yield, Beginning Balance	4,745	5,294	2,342
Additions		267	148
Accretion	(2,712)	(2,147)	(1,840)
Reclassifications from (to) nonaccretable difference	1,283	1,912	6,155
Other changes, net	273	(581)	(1,511)
Accretable yield, Ending Balance	3,589	4,745	5,294
Waccamaw Bank
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, accretable Yield
Accretable yield, Beginning Balance	19,048	10,338	21,886
Additions	2	26	281
Accretion	(6,459)	(6,118)	(6,288)
Reclassifications from (to) nonaccretable difference	6,564	16,400	(2,967)
Other changes, net	6,954	(1,598)	(2,574)
Accretable yield, Ending Balance	$ 26,109	19,048	10,338
Other
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, accretable Yield
Accretable yield, Beginning Balance		8	15
Accretion		(37)	(119)
Reclassifications from (to) nonaccretable difference		$ 29	112
Accretable yield, Ending Balance			$ 8

Average Recorded Investment and

Average Recorded Investment and Interest Income Recognized on Impaired Loans Excluding Purchased Credit Impaired Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Recorded Investment	$ 11,184	$ 9,568
Impaired loans with a related allowance, Recorded Investment	11,534	6,480
Total impaired loans, Recorded Investment	22,718	16,048
Impaired loans with no related allowance, Unpaid Principal balance	11,277	10,009
Impaired loans with a related allowance, Unpaid Principal Balance	11,558	6,651
Total impaired loans, Unpaid Principal Balance	22,835	16,660
Impaired loans with no related allowance, Related Allowance	0	0
Impaired loans with a related allowance, Related Allowance	2,371	1,482
Total impaired loans, Related Allowance	2,371	1,482
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Recorded Investment	782	466
Impaired loans with a related allowance, Recorded Investment	619	367
Impaired loans with no related allowance, Unpaid Principal balance	783	466
Impaired loans with a related allowance, Unpaid Principal Balance	623	367
Impaired loans with no related allowance, Related Allowance	0	0
Impaired loans with a related allowance, Related Allowance	124	45
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Recorded Investment	8,427	5,705
Impaired loans with a related allowance, Recorded Investment	5,667	3,772
Impaired loans with no related allowance, Unpaid Principal balance	8,427	6,049
Impaired loans with a related allowance, Unpaid Principal Balance	5,673	3,772
Impaired loans with no related allowance, Related Allowance	0	0
Impaired loans with a related allowance, Related Allowance	1,568	1,000
Consumer Real Estate | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Recorded Investment		3,397
Impaired loans with a related allowance, Recorded Investment		2,341
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Recorded Investment	1,975
Impaired loans with a related allowance, Recorded Investment	4,899
Impaired loans with no related allowance, Unpaid Principal balance	2,067	3,494
Impaired loans with a related allowance, Unpaid Principal Balance	4,907	2,512
Impaired loans with no related allowance, Related Allowance	0	0
Impaired loans with a related allowance, Related Allowance	672	$ 437
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with a related allowance, Recorded Investment	349
Impaired loans with a related allowance, Unpaid Principal Balance	355
Impaired loans with a related allowance, Related Allowance	$ 7

Average Annual Recorded Investm

Average Annual Recorded Investment and Interest Income Recognized on Impaired Loans Excluding Purchased Credit Impaired Loans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment	$ 11,913	$ 9,600	$ 15,728
Impaired loans with a related allowance, Average Recorded Investment	9,471	14,098	12,620
Total impaired loans, Average Recorded Investment	21,384	23,698	28,348
Impaired loans with no related allowance, Interest Income	465	207	821
Impaired loans with a related allowance, Interest Income	117	152	240
Total impaired loans, Interest Income	582	359	1,061
Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment			3,850
Impaired loans with a related allowance, Average Recorded Investment			1,057
Impaired loans with no related allowance, Interest Income			294
Impaired loans with a related allowance, Interest Income			117
Commercial Loans | Commercial and Industrial
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment		461	698
Impaired loans with a related allowance, Average Recorded Investment		2,199	4,281
Impaired loans with no related allowance, Interest Income		17	17
Impaired loans with a related allowance, Interest Income		47	18
Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment			18
Impaired loans with a related allowance, Average Recorded Investment		4,190	94
Impaired loans with no related allowance, Interest Income			3
Impaired loans with a related allowance, Interest Income		23	7
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment	626	301	939
Impaired loans with a related allowance, Average Recorded Investment	575	369	892
Impaired loans with no related allowance, Interest Income	34	8	99
Impaired loans with a related allowance, Interest Income	25	2	3
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment	8,767	6,083	7,225
Impaired loans with a related allowance, Average Recorded Investment	4,987	3,386	1,494
Impaired loans with no related allowance, Interest Income	295	96	296
Impaired loans with a related allowance, Interest Income	65	31	29
Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment		181	370
Impaired loans with no related allowance, Interest Income		11	12
Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment		66	454
Impaired loans with a related allowance, Average Recorded Investment		57	304
Impaired loans with no related allowance, Interest Income		2	25
Impaired loans with a related allowance, Interest Income		1	12
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment	2,432	2,508	2,156
Impaired loans with a related allowance, Average Recorded Investment	3,731	3,897	4,498
Impaired loans with no related allowance, Interest Income	136	73	70
Impaired loans with a related allowance, Interest Income	26	$ 48	54
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment	88		15
Impaired loans with a related allowance, Average Recorded Investment	178
Impaired loans with no related allowance, Interest Income			5
Impaired loans with a related allowance, Interest Income	$ 1
Consumer Portfolio Segment | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment			$ 3

Credit Quality - Additional inf

Credit Quality - Additional information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Loan	Dec. 31, 2014USD ($)Loan	Dec. 31, 2013Loan
Financing Receivable, Allowance for Credit Losses [Line Items]
Minimum commercial loan relationships to be reviewed by loan review function	$ 4,000
Restructured loans to borrowers experiencing financial difficulty in excess of	$ 250
Performing status returned period	6 months
Allowance for loan losses	$ 590	$ 475
PCI loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Number of impaired loans | Loan	2	2	4
Number of loans | Loan	6	7	7
Waccamaw Bank
Financing Receivable, Allowance for Credit Losses [Line Items]
Percentage of loan and foreclosed real estate losses covered by FDIC	80.00%

Additional Information Related

Additional Information Related to the Impaired Loan Pools (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment [Line Items]
Recorded investment	$ 11,184	$ 9,568
Unpaid principal balance	11,277	10,009
Interest income recognized	582	359	$ 1,061
Average recorded investment	11,913	9,600	15,728
PCI loans
Financing Receivable, Recorded Investment [Line Items]
Recorded investment	2,834	14,607
Unpaid principal balance	3,759	31,169
Allowance for loan losses	54	58
Interest income recognized	364	3,081	1,966
Average recorded investment	$ 3,309	$ 30,007	$ 35,220

Loans Held for Investment by In

Loans Held for Investment by Internal Credit Risk Grade (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	$ 1,623,506	$ 1,567,176
Covered under loss share agreements	83,035	122,240
Total loans	1,706,541	1,689,416
Commercial Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	898,087	862,043
Covered under loss share agreements	25,529	49,340
Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	48,896	41,271
Covered under loss share agreements	6,303	13,100
Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	88,903	83,099
Covered under loss share agreements	1,170	2,662
Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	95,026	97,480
Covered under loss share agreements	640	1,584
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	149,351	135,171
Covered under loss share agreements	2,674	5,918
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	485,460	473,906
Covered under loss share agreements	14,065	25,317
Commercial Loans | Agricultural
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	2,911	1,599
Covered under loss share agreements	34	43
Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	27,540	29,517
Covered under loss share agreements	643	716
Consumer Real Estate
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	646,081	629,231
Covered under loss share agreements	57,422	72,812
Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	107,367	110,957
Covered under loss share agreements	48,565	60,391
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	495,209	485,475
Covered under loss share agreements	8,595	11,968
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	43,505	32,799
Covered under loss share agreements	262	453
Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	72,000	69,347
Covered under loss share agreements	84	88
Consumer and Other | Other Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	7,338	6,555
Pass
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,533,392	1,475,781
Covered under loss share agreements	40,101	55,925
Total loans	1,573,493	1,531,706
Pass | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	46,816	38,858
Covered under loss share agreements	3,908	7,598
Pass | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	87,223	81,196
Covered under loss share agreements	1,144	2,528
Pass | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	81,168	89,503
Covered under loss share agreements	460	1,400
Pass | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	139,680	126,155
Covered under loss share agreements	1,808	2,703
Pass | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	454,906	441,385
Covered under loss share agreements	9,192	12,672
Pass | Commercial Loans | Agricultural
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	2,886	1,589
Covered under loss share agreements	34	43
Pass | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	25,855	26,876
Covered under loss share agreements	364	420
Pass | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	104,897	107,688
Covered under loss share agreements	17,893	21,295
Pass | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	468,155	454,833
Covered under loss share agreements	5,102	7,094
Pass | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	42,783	32,551
Covered under loss share agreements	112	84
Pass | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	71,685	68,592
Covered under loss share agreements	84	88
Pass | Consumer and Other | Other Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	7,338	6,555
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	43,034	37,810
Covered under loss share agreements	35,603	50,309
Total loans	78,637	88,119
Special Mention | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	974	1,384
Covered under loss share agreements	1,261	3,227
Special Mention | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	663	616
Covered under loss share agreements	4	82
Special Mention | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	12,969	7,007
Special Mention | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	3,976	3,333
Covered under loss share agreements	457	2,059
Special Mention | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	15,170	13,028
Covered under loss share agreements	2,044	4,341
Special Mention | Commercial Loans | Agricultural
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	25
Special Mention | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,427	1,432
Special Mention | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,083	1,606
Covered under loss share agreements	29,823	38,296
Special Mention | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	6,686	8,884
Covered under loss share agreements	1,963	2,040
Special Mention | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Covered under loss share agreements	51	264
Special Mention | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	61	520
Substandard
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	47,080	53,585
Covered under loss share agreements	7,331	16,006
Total loans	54,411	69,591
Substandard | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,106	1,029
Covered under loss share agreements	1,134	2,275
Substandard | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,017	1,287
Covered under loss share agreements	22	52
Substandard | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	889	970
Covered under loss share agreements	180	184
Substandard | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	5,695	5,683
Covered under loss share agreements	409	1,156
Substandard | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	15,384	19,493
Covered under loss share agreements	2,829	8,304
Substandard | Commercial Loans | Agricultural
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements		10
Substandard | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	258	1,209
Covered under loss share agreements	279	296
Substandard | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,387	1,663
Covered under loss share agreements	849	800
Substandard | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	20,368	21,758
Covered under loss share agreements	1,530	2,834
Substandard | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	722	248
Covered under loss share agreements	99	105
Substandard | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	$ 254	$ 235

Nonaccrual Loans by Loan Class

Nonaccrual Loans by Loan Class (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	$ 18,494	$ 12,994
Commercial Loans | Construction Development And Other Land
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	93	18
Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	16	157
Commercial Loans | Multi-family Residential
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	84	245
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	1,879	678
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	7,189	3,651
Commercial Loans | Agricultural
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans		4
Commercial Loans | Farmland Loan
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	234
Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	1,238	996
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	7,341	7,071
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	349	106
Consumer and Other | Consumer Loan
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	71	68
Non Covered Loans
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	17,847	10,556
Non Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	39
Non Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans		123
Non Covered Loans | Commercial Loans | Multi-family Residential
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	84	245
Non Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	1,850	601
Non Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	7,150	2,334
Non Covered Loans | Commercial Loans | Agricultural
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans		4
Non Covered Loans | Commercial Loans | Farmland Loan
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	234
Non Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	825	792
Non Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	7,245	6,389
Non Covered Loans | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	349
Non Covered Loans | Consumer and Other | Consumer Loan
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	71	68
Covered Loans
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	647	2,438
Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	54	18
Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	16	34
Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	29	77
Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	39	1,317
Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	413	204
Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	$ 96	682
Covered Loans | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans		$ 106

Aging of Past Due Loans by Loan

Aging of Past Due Loans by Loan Class (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	$ 25,079	$ 24,126
Current Loans	1,681,462	1,665,290
Total loans	1,706,541	1,689,416
Not covered under loss share agreements	1,623,506	1,567,176
Covered under loss share agreements	83,035	122,240
Commercial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	898,087	862,043
Covered under loss share agreements	25,529	49,340
Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	48,896	41,271
Covered under loss share agreements	6,303	13,100
Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	88,903	83,099
Covered under loss share agreements	1,170	2,662
Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	95,026	97,480
Covered under loss share agreements	640	1,584
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	149,351	135,171
Covered under loss share agreements	2,674	5,918
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	485,460	473,906
Covered under loss share agreements	14,065	25,317
Commercial Loans | Agricultural
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	2,911	1,599
Covered under loss share agreements	34	43
Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	27,540	29,517
Covered under loss share agreements	643	716
Consumer Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	646,081	629,231
Covered under loss share agreements	57,422	72,812
Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	107,367	110,957
Covered under loss share agreements	48,565	60,391
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	495,209	485,475
Covered under loss share agreements	8,595	11,968
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	43,505	32,799
Covered under loss share agreements	262	453
Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	72,000	69,347
Covered under loss share agreements	84	88
Consumer and Other | Other Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	7,338	6,555
Non Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	22,397	20,208
Current Loans	1,601,109	1,546,968
Non Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	39	85
Current Loans	48,857	41,186
Non Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	347	394
Current Loans	88,556	82,705
Non Covered Loans | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	462	191
Current Loans	94,564	97,289
Non Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,797	1,852
Current Loans	147,554	133,319
Non Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	5,963	3,842
Current Loans	479,497	470,064
Non Covered Loans | Commercial Loans | Agricultural
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		4
Current Loans	2,911	1,595
Non Covered Loans | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	830	89
Current Loans	26,710	29,428
Non Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,331	1,166
Current Loans	106,036	109,791
Non Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	11,256	11,931
Current Loans	483,953	473,544
Non Covered Loans | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	43,505	32,799
Non Covered Loans | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	372	654
Current Loans	71,628	68,693
Non Covered Loans | Consumer and Other | Other Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	7,338	6,555
Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	2,682	3,918
Current Loans	80,353	118,322
Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	138	137
Current Loans	6,165	12,963
Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	16	130
Current Loans	1,154	2,532
Covered Loans | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	640	1,584
Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,422	199
Current Loans	1,252	5,719
Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	39	1,522
Current Loans	14,026	23,795
Covered Loans | Commercial Loans | Agricultural
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	34	43
Covered Loans | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		3
Current Loans	643	713
Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	751	1,344
Current Loans	47,814	59,047
Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	316	583
Current Loans	8,279	11,385
Covered Loans | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	262	453
Covered Loans | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	84	88
Financing Receivables, 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	11,612	10,400
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	9,331	8,955
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		39
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	281	285
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	302	81
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	748	914
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	347	1,075
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	585	89
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	668	492
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	6,122	5,436
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	278	544
Financing Receivables, 30 to 59 Days Past Due | Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	2,281	1,445
Financing Receivables, 30 to 59 Days Past Due | Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	96	120
Financing Receivables, 30 to 59 Days Past Due | Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		84
Financing Receivables, 30 to 59 Days Past Due | Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,422	122
Financing Receivables, 30 to 59 Days Past Due | Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		124
Financing Receivables, 30 to 59 Days Past Due | Covered Loans | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		3
Financing Receivables, 30 to 59 Days Past Due | Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	489	858
Financing Receivables, 30 to 59 Days Past Due | Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	274	134
Financing Receivables, 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	3,195	4,097
Financing Receivables, 60 to 89 Days Past Due | Non Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	3,158	3,576
Financing Receivables, 60 to 89 Days Past Due | Non Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		46
Financing Receivables, 60 to 89 Days Past Due | Non Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	66	6
Financing Receivables, 60 to 89 Days Past Due | Non Covered Loans | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	76	110
Financing Receivables, 60 to 89 Days Past Due | Non Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	120	513
Financing Receivables, 60 to 89 Days Past Due | Non Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	676	783
Financing Receivables, 60 to 89 Days Past Due | Non Covered Loans | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	11
Financing Receivables, 60 to 89 Days Past Due | Non Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	195	103
Financing Receivables, 60 to 89 Days Past Due | Non Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,943	1,931
Financing Receivables, 60 to 89 Days Past Due | Non Covered Loans | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	71	84
Financing Receivables, 60 to 89 Days Past Due | Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	37	521
Financing Receivables, 60 to 89 Days Past Due | Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		17
Financing Receivables, 60 to 89 Days Past Due | Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		12
Financing Receivables, 60 to 89 Days Past Due | Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		140
Financing Receivables, 60 to 89 Days Past Due | Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	37	318
Financing Receivables, 60 to 89 Days Past Due | Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		34
Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	10,272	9,629
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	9,908	7,677
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	39
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		103
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	84
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	929	425
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	4,940	1,984
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans | Commercial Loans | Agricultural
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		4
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	234
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	468	571
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	3,191	4,564
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	23	26
Financing Receivables, Equal to Greater than 90 Days Past Due | Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	364	1,952
Financing Receivables, Equal to Greater than 90 Days Past Due | Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	42
Financing Receivables, Equal to Greater than 90 Days Past Due | Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	16	34
Financing Receivables, Equal to Greater than 90 Days Past Due | Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		77
Financing Receivables, Equal to Greater than 90 Days Past Due | Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	39	1,258
Financing Receivables, Equal to Greater than 90 Days Past Due | Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	225	168
Financing Receivables, Equal to Greater than 90 Days Past Due | Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	$ 42	$ 415

Balance and Interest Income Rel

Balance and Interest Income Related to Impaired Loan Pools (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment [Line Items]
Interest income recognized	$ 582	$ 359	$ 1,061
PCI loans
Financing Receivable, Recorded Investment [Line Items]
Interest income recognized	364	3,081	1,966
TDRs | PCI loans
Financing Receivable, Recorded Investment [Line Items]
Interest income recognized	$ 608	$ 597	$ 551

Loans Modified as Troubled Debt

Loans Modified as Troubled Debt Restructurings by Loan Class Segregated by Accrual Status (Detail) - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Total TDRs		$ 15,301	$ 15,088
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs		950	1,088
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Impaired [Line Items]
Total TDRs		4,600	4,826
Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total TDRs		170	47
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs		8,989	8,883
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Impaired [Line Items]
Total TDRs		592	244
Nonaccrual
Financing Receivable, Impaired [Line Items]
Total TDRs	[1]	1,339	554
Nonaccrual | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs	[1]	130
Nonaccrual | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Impaired [Line Items]
Total TDRs	[1]		83
Nonaccrual | Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total TDRs	[1]	127
Nonaccrual | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs	[1]	733	471
Nonaccrual | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Impaired [Line Items]
Total TDRs	[1]	349
Accrual
Financing Receivable, Impaired [Line Items]
Total TDRs		13,962	14,534
Accrual | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs		820	1,088
Accrual | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Impaired [Line Items]
Total TDRs		4,600	4,743
Accrual | Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total TDRs		43	47
Accrual | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs		8,256	8,412
Accrual | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Impaired [Line Items]
Total TDRs		$ 243	$ 244
[1]	TDRs on nonaccrual status are included in the total nonaccrual loan balance disclosed in the table above.

Loans Modified as Troubled De84

Loans Modified as Troubled Debt Restructurings by Type of Concession Made and Loan Class (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Contract	Dec. 31, 2014USD ($)Contract
Financing Receivable, Modifications [Line Items]
Total Contracts | Contract	5	13
Pre-Modification Recorded Investment	$ 342	$ 3,608
Post-Modification Recorded Investment	$ 342	$ 3,608
Below Market Interest Rate
Financing Receivable, Modifications [Line Items]
Total Contracts | Contract		5
Pre-Modification Recorded Investment		$ 2,095
Post-Modification Recorded Investment		$ 2,095
Below Market Interest Rate | Single Family Owner Occupied
Financing Receivable, Modifications [Line Items]
Total Contracts | Contract		4
Pre-Modification Recorded Investment		$ 1,850
Post-Modification Recorded Investment		$ 1,850
Below Market Interest Rate | Owner Occupied Construction
Financing Receivable, Modifications [Line Items]
Total Contracts | Contract		1
Pre-Modification Recorded Investment		$ 245
Post-Modification Recorded Investment		$ 245
Extended Payment Term
Financing Receivable, Modifications [Line Items]
Total Contracts | Contract		2
Pre-Modification Recorded Investment		$ 771
Post-Modification Recorded Investment		$ 771
Extended Payment Term | Single-family Non-owner Occupied
Financing Receivable, Modifications [Line Items]
Total Contracts | Contract		1
Pre-Modification Recorded Investment		$ 468
Post-Modification Recorded Investment		$ 468
Extended Payment Term | Non-farm, Non-residential
Financing Receivable, Modifications [Line Items]
Total Contracts | Contract		1
Pre-Modification Recorded Investment		$ 303
Post-Modification Recorded Investment		$ 303
Below Market Interest Rate And Extended Payment Term
Financing Receivable, Modifications [Line Items]
Total Contracts | Contract	5	6
Pre-Modification Recorded Investment	$ 342	$ 742
Post-Modification Recorded Investment	$ 342	$ 742
Below Market Interest Rate And Extended Payment Term | Single Family Owner Occupied
Financing Receivable, Modifications [Line Items]
Total Contracts | Contract	5	5
Pre-Modification Recorded Investment	$ 342	$ 487
Post-Modification Recorded Investment	$ 342	$ 487
Below Market Interest Rate And Extended Payment Term | Single-family Non-owner Occupied
Financing Receivable, Modifications [Line Items]
Total Contracts | Contract		1
Pre-Modification Recorded Investment		$ 255
Post-Modification Recorded Investment		$ 255

Summary of Information Related

Summary of Information Related to OREO (Detail) - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Other Real Estate Owned Activity [Line Items]
Non-covered OREO		$ 4,873	$ 6,638
Covered OREO		4,034	6,324
Total OREO		8,907	12,962
Non-covered OREO secured by residential real estate		2,677	6,155
Residential real estate loans in the foreclosure process	[1]	$ 2,727	$ 4,561
[1]	The recorded investment in consumer mortgage loans collateralized by residential real estate that are in the process of foreclosure according to local requirements of the applicable jurisdiction.

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Detail)	Dec. 31, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Indemnified portion percentage	80.00%

Aggregate Activity in Allowance

Aggregate Activity in Allowance For Loan Losses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 20,227	$ 24,077	$ 25,770
Removal of loans transferred		(682)
Provision for loan losses			8,659
Provision for (recovery of) loan losses	2,162	(277)
Benefit attributable to the FDIC indemnification asset	29	422	(451)
(Recovery of) provision for loan losses charged to operations	2,191	145	8,208
Provision for (Recovery of)loan losses recorded through the FDIC indemnification asset	(29)	(422)	451
Charge-offs	(3,745)	(6,481)	(12,527)
Recoveries	1,589	3,590	2,175
Net charge-offs	(2,156)	(2,891)	(10,352)
Ending balance	20,233	20,227	24,077
Allowance Excluding Purchased Credit Impaired
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	20,169	23,322	25,762
Removal of loans transferred		(682)
Provision for loan losses			7,912
Provision for (recovery of) loan losses	2,166	420
(Recovery of) provision for loan losses charged to operations	2,166	420	7,912
Charge-offs	(3,745)	(6,481)	(12,527)
Recoveries	1,589	3,590	2,175
Net charge-offs	(2,156)	(2,891)	(10,352)
Ending balance	20,179	20,169	23,322
Purchased Credit Impaired
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	58	755	8
Provision for loan losses	(4)	(697)	747
Provision for (recovery of) loan losses	(4)	(697)
Benefit attributable to the FDIC indemnification asset	29	422	(451)
(Recovery of) provision for loan losses charged to operations	25	(275)	296
Provision for (Recovery of)loan losses recorded through the FDIC indemnification asset	(29)	(422)	451
Ending balance	$ 54	$ 58	$ 755

Allowance for Loan Losses, Excl

Allowance for Loan Losses, Excluding PCI Loans, by Loan Segment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 20,227	$ 24,077	$ 25,770
Removal of loans transferred		(682)
(Recovery of) provision for loan losses charged to operations	2,191	145	8,208
Loans charged off	(3,745)	(6,481)	(12,527)
Recoveries credited to allowance	1,589	3,590	2,175
Net (charge-offs) recoveries	(2,156)	(2,891)	(10,352)
Ending balance	20,233	20,227	24,077
Allowance Excluding Purchased Credit Impaired
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	20,169	23,322	25,762
Removal of loans transferred		(682)
(Recovery of) provision for loan losses charged to operations	2,166	420	7,912
Loans charged off	(3,745)	(6,481)	(12,527)
Recoveries credited to allowance	1,589	3,590	2,175
Net (charge-offs) recoveries	(2,156)	(2,891)	(10,352)
Ending balance	20,179	20,169	23,322
Commercial Loans | Allowance Excluding Purchased Credit Impaired
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	13,010	16,090	17,259
Removal of loans transferred		(418)
(Recovery of) provision for loan losses charged to operations	931	(1,988)	5,643
Loans charged off	(1,282)	(2,928)	(7,743)
Recoveries credited to allowance	474	2,254	931
Net (charge-offs) recoveries	(808)	(674)	(6,812)
Ending balance	13,133	13,010	16,090
Consumer Real Estate | Allowance Excluding Purchased Credit Impaired
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	6,489	6,597	7,906
Removal of loans transferred		(244)
(Recovery of) provision for loan losses charged to operations	95	1,273	1,364
Loans charged off	(906)	(1,873)	(3,115)
Recoveries credited to allowance	678	736	442
Net (charge-offs) recoveries	(228)	(1,137)	(2,673)
Ending balance	6,356	6,489	6,597
Consumer and Other | Allowance Excluding Purchased Credit Impaired
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	670	635	597
Removal of loans transferred		(20)
(Recovery of) provision for loan losses charged to operations	1,140	1,135	905
Loans charged off	(1,557)	(1,680)	(1,669)
Recoveries credited to allowance	437	600	802
Net (charge-offs) recoveries	(1,120)	(1,080)	(867)
Ending balance	$ 690	$ 670	$ 635

Allowance For Loan Losses for P

Allowance For Loan Losses for PCI Loans, by Loan Segment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 20,227	$ 24,077	$ 25,770
(Recovery of) provision for PCI loan losses			8,659
Benefit attributable to FDIC indemnification asset	29	422	(451)
(Recovery of) provision for loan losses charged to operations	2,191	145	8,208
Provision for (Recovery of)loan losses recorded through the FDIC indemnification asset	(29)	(422)	451
Ending balance	20,233	20,227	24,077
Purchased Credit Impaired
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	58	755	8
(Recovery of) provision for PCI loan losses	(4)	(697)	747
Benefit attributable to FDIC indemnification asset	29	422	(451)
(Recovery of) provision for loan losses charged to operations	25	(275)	296
Provision for (Recovery of)loan losses recorded through the FDIC indemnification asset	(29)	(422)	451
Provision for (Recovery of)loan losses recorded through the FDIC indemnification asset			451
Ending balance	54	58	755
Commercial Loans | Purchased Credit Impaired
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	37	77	8
(Recovery of) provision for PCI loan losses	(37)	(40)	69
Benefit attributable to FDIC indemnification asset	29	26	(55)
(Recovery of) provision for loan losses charged to operations	(8)	(14)	14
Provision for (Recovery of)loan losses recorded through the FDIC indemnification asset	(29)	(26)
Provision for (Recovery of)loan losses recorded through the FDIC indemnification asset			55
Ending balance		37	77
Consumer Real Estate | Purchased Credit Impaired
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	21	678
(Recovery of) provision for PCI loan losses	33	(657)	678
Benefit attributable to FDIC indemnification asset		396	(396)
(Recovery of) provision for loan losses charged to operations	33	(261)	282
Provision for (Recovery of)loan losses recorded through the FDIC indemnification asset		(396)
Provision for (Recovery of)loan losses recorded through the FDIC indemnification asset			396
Ending balance	$ 54	$ 21	$ 678

Allowance for Loan Losses and R

Allowance for Loan Losses and Recorded Investment in Loans, Evaluated for Impairment Excluding PCI Loans, by Loan Class (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	$ 22,718	$ 16,048
Allowance for Loans Individually Evaluated	2,371	1,482
Loans Collectively Evaluated for Impairment	1,641,181	1,611,085
Allowance for Loans Collectively Evaluated	17,808	18,687
Commercial Loans
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	15,495	10,310
Allowance for Loans Individually Evaluated	1,692	1,045
Loans Collectively Evaluated for Impairment	895,984	878,292
Allowance for Loans Collectively Evaluated	11,440	11,965
Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	53,437	51,608
Allowance for Loans Collectively Evaluated	1,119	1,151
Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	89,885	85,353
Allowance for Loans Collectively Evaluated	504	690
Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	95,486	98,880
Allowance for Loans Collectively Evaluated	1,535	1,917
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	1,401	833
Allowance for Loans Individually Evaluated	124	45
Loans Collectively Evaluated for Impairment	147,209	135,223
Allowance for Loans Collectively Evaluated	3,245	3,183
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	14,094	9,477
Allowance for Loans Individually Evaluated	1,568	1,000
Loans Collectively Evaluated for Impairment	478,839	475,353
Allowance for Loans Collectively Evaluated	4,825	4,805
Commercial Loans | Agricultural
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	2,945	1,642
Allowance for Loans Collectively Evaluated	22	13
Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	28,183	30,233
Allowance for Loans Collectively Evaluated	190	206
Consumer Real Estate
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	7,223	5,738
Allowance for Loans Individually Evaluated	679	437
Loans Collectively Evaluated for Impairment	665,775	656,809
Allowance for Loans Collectively Evaluated	5,678	6,052
Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	126,691	134,006
Allowance for Loans Collectively Evaluated	1,091	1,330
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	6,874	5,738
Allowance for Loans Individually Evaluated	672	437
Loans Collectively Evaluated for Impairment	495,761	489,820
Allowance for Loans Collectively Evaluated	4,297	4,498
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	349
Allowance for Loans Individually Evaluated	7
Loans Collectively Evaluated for Impairment	43,323	32,983
Allowance for Loans Collectively Evaluated	290	224
Consumer and Other
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	79,422	75,984
Allowance for Loans Collectively Evaluated	690	670
Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	72,084	69,429
Allowance for Loans Collectively Evaluated	690	670
Consumer and Other | Other Loans
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	$ 7,338	$ 6,555

Allowance for Loan Losses Relat

Allowance for Loan Losses Related to PCI Loans and Recorded Investment in Loans (Detail) - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment		$ 42,642	$ 62,283
Allowance for Acquired Impaired Loans Evaluated		54	58
Commercial Loans
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment		10,567	21,086
Allowance for Acquired Impaired Loans Evaluated			37
Commercial Loans | Waccamaw Commercial
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment		3,788	13,392
Allowance for Acquired Impaired Loans Evaluated			37
Commercial Loans | Waccamaw Lines Of Credit
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment			461
Commercial Loans | Peoples Commercial
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment		5,525	5,875
Commercial Loans | Commercial Loan Other
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment		1,254	1,358
Consumer Real Estate
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment		32,075	41,195
Allowance for Acquired Impaired Loans Evaluated		54	21
Consumer Real Estate | Waccamaw Serviced Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment		29,241	37,342
Consumer Real Estate | Waccamaw Residential
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment		1,678	2,638
Allowance for Acquired Impaired Loans Evaluated		1
Consumer Real Estate | Peoples Residential
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment		1,156	1,215
Allowance for Acquired Impaired Loans Evaluated		$ 53	21
Consumer and Other | Waccamaw Consumer
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment	[1]		$ 2
[1]	Closed during the first quarter of 2015.

FDIC Indemnification Asset - Ad

FDIC Indemnification Asset - Additional Information (Detail)	Dec. 31, 2015
Waccamaw Bank
Resale Agreement Counterparty [Line Items]
Percentage of loan and foreclosed real estate losses covered by FDIC	80.00%

Changes in Receivable from FDIC

Changes in Receivable from FDIC (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Changes in the receivable from the FDIC
Beginning balance	$ 27,900	$ 34,691
(Decrease) increase in estimated losses on covered loans	(28)	(422)
Increase in estimated losses on covered OREO	1,489	1,851
Reimbursable expenses from the FDIC	545	527
Net amortization	(6,379)	(3,979)	$ (5,597)
Reimbursements from the FDIC	(2,683)	(4,768)
Ending balance	$ 20,844	$ 27,900	$ 34,691

Components of Premises and Equi

Components of Premises and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Land	$ 19,155	$ 19,166
Buildings and leasehold improvements	50,776	50,729
Equipment	36,709	38,103
Property, Plant and Equipment, Gross, Total	106,640	107,998
Accumulated depreciation and amortization	53,884	52,154
Total premises and equipment, net	$ 52,756	$ 55,844

Premises, Equipment and Leases

Premises, Equipment and Leases - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Write-downs of long-term investments in land and buildings related to expected closures	$ 259	$ 935
Depreciation and amortization expense	4,135	4,405	$ 4,666
Lease expense	862	$ 1,060	$ 1,180
Future minimum lease payments	$ 5

Future Minimum Lease Payments t

Future Minimum Lease Payments to be Received under Noncancelable Subleases (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Sale Leaseback Transaction [Line Items]
2,016	$ 733
2,017	591
2,018	528
2,019	376
2,020	210
2021 and thereafter	887
Future Minimum Sublease Rentals, Sale Leaseback Transactions, Total	$ 3,325

Activity in Goodwill, by Report

Activity in Goodwill, by Reporting Unit (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Goodwill [Line Items]
Beginning balance, January 1,	$ 100,722	$ 105,455	$ 104,866
Acquisitions and dispositions, net	(324)	(6,454)	148
Cash consideration paid	88	1,721	441
Ending balance, December 31,	100,486	100,722	105,455
Community Banking
Goodwill [Line Items]
Beginning balance, January 1,	91,455	96,541	96,717
Acquisitions and dispositions, net		(6,454)	(176)
Cash consideration paid		1,368
Ending balance, December 31,	91,455	91,455	96,541
Insurance Services
Goodwill [Line Items]
Beginning balance, January 1,	9,267	8,914	8,149
Acquisitions and dispositions, net	(324)		324
Cash consideration paid	88	353	441
Ending balance, December 31,	$ 9,031	$ 9,267	$ 8,914

Goodwill and Other Intangible98

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Goodwill [Line Items]
Amortization expense for other intangible assets	$ 1,118	$ 787	$ 729
Core deposit intangible assets
Goodwill [Line Items]
Weighted average remaining life of intangibles	9 years
Core deposit intangible assets | Minimum
Goodwill [Line Items]
Estimated useful lives of intangibles	7 years
Remaining lives of intangible assets	8 months
Core deposit intangible assets | Maximum
Goodwill [Line Items]
Estimated useful lives of intangibles	11 years
Remaining lives of intangible assets	10 years

Components of Other Intangible

Components of Other Intangible Assets, by Reporting Unit (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Finite lived intangibles, net	$ 5,200
Total other intangible assets, net	5,243	$ 6,421
Core deposit intangible assets
Finite-Lived Intangible Assets [Line Items]
Core deposit intangibles	12,282	12,282
Accumulated amortization	(7,958)	(7,148)
Finite lived intangibles, net	4,324	5,134
Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Core deposit intangibles	4,246	4,246
Accumulated amortization	(3,327)	(2,959)
Finite lived intangibles, net	919	1,287
Community Banking
Finite-Lived Intangible Assets [Line Items]
Total other intangible assets, net	4,395	5,232
Community Banking | Core deposit intangible assets
Finite-Lived Intangible Assets [Line Items]
Core deposit intangibles	12,282	12,282
Accumulated amortization	(7,958)	(7,148)
Finite lived intangibles, net	4,324	5,134
Community Banking | Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Core deposit intangibles	535	535
Accumulated amortization	(464)	(437)
Finite lived intangibles, net	71	98
Insurance Services
Finite-Lived Intangible Assets [Line Items]
Total other intangible assets, net	848	1,189
Insurance Services | Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Core deposit intangibles	3,711	3,711
Accumulated amortization	(2,863)	(2,522)
Finite lived intangibles, net	$ 848	$ 1,189

Estimated Amortization Expense

Estimated Amortization Expense for Intangible Assets, by Year (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Finite-Lived Intangible Assets [Line Items]
2,016	$ 1,034
2,017	821
2,018	624
2,019	438
2,020	438
2021 and thereafter	1,845
Finite lived intangibles, net	$ 5,200

Components of Deposits (Detail)

Components of Deposits (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deposits By Type [Line Items]
Noninterest-bearing demand deposits	$ 451,511	$ 417,729
Interest-bearing deposits:
Interest-bearing demand deposits	347,705	353,874
Money market accounts	213,982	225,196
Savings deposits	316,603	300,282
Certificates of deposit	408,519	557,352
Individual retirement accounts	134,939	146,326
Total interest-bearing deposits	1,421,748	1,583,030
Total deposits	$ 1,873,259	$ 2,000,759

Scheduled Maturities of Time De

Scheduled Maturities of Time Deposits (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Time deposits
2,016	$ 286,687
2,017	77,117
2,018	61,662
2,019	45,874
2,020	69,796
2021 and thereafter	2,322
Time Deposits, Total	$ 543,458

Deposits - Additional Informati

Deposits - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deposit Liabilities [Line Items]
Time deposit of $250 thousand or more	$ 41,347	$ 60,270

Scheduled Maturities of Certifi

Scheduled Maturities of Certificates of Deposit of $250 Thousand or More (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Time deposit of $250 thousand or more
Three months or less	$ 6,813
Over three through six months	4,700
Over six through twelve months	7,401
Over twelve months	22,433
Total	$ 41,347	$ 60,270

Composition of Borrowings (Deta

Composition of Borrowings (Detail) - USD ($) $ in Thousands		Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Federal funds purchased		$ 0		$ 0
Securities sold under agreements to repurchase:
Securities sold under agreements to repurchase		138,614		121,742
FHLB borrowings		65,000		90,000
Subordinated debt		15,464		15,464
Other debt		292		2,535
Total borrowings		$ 219,370		$ 229,741
Federal funds purchased	[1]	0.00%		0.00%
Retail	[1]	0.10%		0.13%
Retail
Securities sold under agreements to repurchase:
Securities sold under agreements to repurchase		$ 88,614		$ 71,742
Wholesale
Securities sold under agreements to repurchase:
Securities sold under agreements to repurchase		$ 50,000		$ 50,000
Wholesale Repurchase Agreements
Securities sold under agreements to repurchase:
Weighted average contractual rate	[1]	3.71%		3.71%
FHLB Borrowings
Securities sold under agreements to repurchase:
FHLB borrowings			$ 25,000
Weighted average contractual rate	[1]	4.03%		4.07%
[1]	Weighted average contractual rate

Schedule of Remaining Contractu

Schedule of Remaining Contractual Maturities of Repurchase Agreements by Type of Collateral Pledged (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	$ 138,614	$ 121,742
Municipal securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	1,047
U.S. Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	71,588
Mortgage-backed Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	65,979
Overnight and Continuous
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	86,604
Overnight and Continuous | U.S. Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	71,588
Overnight and Continuous | Mortgage-backed Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	15,016
Up to 30 Days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	202
Up to 30 Days | Mortgage-backed Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	202
Greater Than 90 Days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	51,808
Greater Than 90 Days | Municipal securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	1,047
Greater Than 90 Days | Mortgage-backed Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	$ 50,761

Contractual Maturities of FHLB

Contractual Maturities of FHLB Borrowings, by Year (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Contractual maturities of wholesale repurchase agreements and FHLB borrowings
2,016	$ 25,000
2,017	15,000
2,018	0
2,019	25,000
2,020	0
2021 and thereafter	50,000
Total	$ 115,000
Weighted average maturity (in years)	3 years 3 months 4 days
Wholesale Repurchase Agreements
Contractual maturities of wholesale repurchase agreements and FHLB borrowings
2,016	$ 25,000
2,018	0
2,019	25,000
2,020	0
Total	$ 50,000
Weighted average maturity (in years)	2 years 29 days
FHLB Borrowings
Contractual maturities of wholesale repurchase agreements and FHLB borrowings
2,017	$ 15,000
2,018	0
2,020	0
2021 and thereafter	50,000
Total	$ 65,000
Weighted average maturity (in years)	4 years 2 months 1 day

Borrowings - Additional Informa

Borrowings - Additional Information (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
FHLB borrowings		$ 65,000,000	$ 90,000,000
Letters of credit provided for collateralize public unit deposits		22,690,000
Qualifying loans		874,680,000
Junior subordinated debentures
Debt Instrument [Line Items]
Junior subordinated debentures issued		$ 15,460,000
Debentures mature date		Oct. 8, 2033
Junior subordinated debentures | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, percentage points to be added to the reference rate		2.95%
FHLB Borrowings
Debt Instrument [Line Items]
FHLB borrowings	$ 25,000,000
FHLB Debt repayments	1,700,000
Unused borrowing capacity		$ 403,100,000
Unsecured Line of Credit
Debt Instrument [Line Items]
Debt instrument, percentage points to be added to the reference rate		2.00%
Unsecured, committed line of credit, borrowing capacity		$ 15,000,000
Unsecured, committed line of credit, interest rate		One-month LIBOR plus 2.00%
Unsecured, committed line of credit, maturity date		Apr. 30, 2016
Unsecured, committed line of credit, outstanding amount		$ 0	$ 2,000,000
Federal Home Loan Bank 4.15% Due 2017
Debt Instrument [Line Items]
FHLB Prepaid borrowing amount	$ 25,000,000
FHLB Interest rate	4.15%
FHLB maturity date	2,017

Derivative Instruments and H109

Derivative Instruments and Hedging Activities - Additional Information (Detail) - USD ($)	1 Months Ended
	Mar. 31, 2015	Feb. 28, 2014	Oct. 31, 2013	Dec. 31, 2015	Dec. 31, 2014
Derivative [Line Items]
Notional amount				$ 5,335,000	$ 8,937,000
Interest Rate Swaps Agreement
Derivative [Line Items]
Interest rate swap agreement, term	14 years	15 years	10 years
Notional amount	$ 1,200,000	$ 4,370,000	$ 3,500,000

Aggregate Contractual or Notion

Aggregate Contractual or Notional Amounts and Fair Value of Derivative Financial Instruments (Detail) - USD ($)	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014	Feb. 28, 2014	Oct. 31, 2013
Derivative [Line Items]
Notional or Contractual Amount	$ 5,335,000		$ 8,937,000
Derivative Assets			5,000
Derivative Liabilities	251,000		214,000
Derivatives Not Designated As Hedges
Derivative [Line Items]
Notional or Contractual Amount			4,574,000
Derivative Assets			5,000
Derivative Liabilities			5,000
IRLCs | Derivatives Not Designated As Hedges
Derivative [Line Items]
Notional or Contractual Amount			1,391,000
Derivative Assets			5,000
Interest Rate Swaps Agreement
Derivative [Line Items]
Notional or Contractual Amount		$ 1,200,000		$ 4,370,000	$ 3,500,000
Interest Rate Swaps Agreement | Designated as Hedging Instrument
Derivative [Line Items]
Notional or Contractual Amount	5,335,000		4,363,000
Derivative Liabilities	$ 251,000		209,000
Forward Sale Loan Commitments | Derivatives Not Designated As Hedges
Derivative [Line Items]
Notional or Contractual Amount			3,183,000
Derivative Liabilities			$ 5,000

Effect of Derivative and Hedgin

Effect of Derivative and Hedging Activity, on Statement of Income (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2013USD ($)
Derivatives designated as hedges
Derivative, Gain (Loss) on Derivative, Net	$ (128)
Derivatives Not Designated As Hedges
Derivatives designated as hedges
Derivative, Gain (Loss) on Derivative, Net	(128)
IRLCs | Derivatives Not Designated As Hedges | Other Income
Derivatives designated as hedges
Derivative, Gain (Loss) on Derivative, Net	(169)
Forward Sale Loan Commitments | Derivatives Not Designated As Hedges | Other Income
Derivatives designated as hedges
Derivative, Gain (Loss) on Derivative, Net	$ 41

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Nov. 30, 2013
Defined Benefit Plan Disclosure [Line Items]
Common stock held in employer stock fund	428,785	457,765		499,075
Total Company expenses under the health plan	$ 3,060	$ 2,880	$ 3,020
Deferred Compensation Liability	458	451
Deferred compensation Expense	60	60	60
Individual Counterparty
Defined Benefit Plan Disclosure [Line Items]
Stop Loss Insurance Liability	125
Aggregate
Defined Benefit Plan Disclosure [Line Items]
Stop Loss Insurance Liability	$ 4,080
Supplemental Executive Retirement Plan
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan Maximum Employee Contribution As Percentage Of Average Compensation	35.00%
Defined Benefit Plan, Employee Contribution, Age	62 years
Defined benefit plan, actuarial obligation	$ 7,080	$ 6,630
Defined benefit plan, actuarial obligation Loss	$ (111)
Defined benefit plan, actuarial discount rate assumption	4.62%	4.41%
401 (k) Savings Plan
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan Employer Matching Contributions	$ 1,530	$ 1,580	$ 1,610
Directors Plan
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Employee Contribution, Age	70 years
Defined benefit plan, actuarial obligation	$ 1,310	$ 997
Defined benefit plan, actuarial discount rate assumption	4.62%	4.41%
Defined Contribution Plan Maximum Employee Contribution As Percentage Of Base Salary	100.00%

Net Periodic Benefit Cost (Deta

Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Supplemental Executive Retirement Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 133	$ 106	$ 135
Interest cost	281	290	246
Amortization of losses	7		49
Amortization of prior service cost	187	187	187
Net periodic cost	608	583	617
Directors Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	47	22	26
Interest cost	53	46	41
Amortization of losses	60		1
Amortization of prior service cost	72	73	90
Net periodic cost	$ 232	$ 141	$ 158

Projected Benefit Payments (Det

Projected Benefit Payments (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Supplemental Executive Retirement Plan (SERP)
Defined Benefit Plan Disclosure [Line Items]
2,016	$ 249
2,017	352
2,018	352
2,019	350
2,020	374
2021 through 2025	2,118
Directors Plan
Defined Benefit Plan Disclosure [Line Items]
2,016	84
2,017	110
2,018	108
2,019	106
2,020	149
2021 through 2025	$ 702

Equity-Based Compensation - Add

Equity-Based Compensation - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate intrinsic value of options exercised	$ 20,000	$ 13,000	$ 22,000
Unrecognized compensation cost related to nonvested stock options	0
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to nonvested stock awards	$ 54,000
Unrecognized compensation cost expected to be recognized over a weighted average period	6 months 22 days
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to nonvested stock awards	$ 0
2012 Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for potential grants	600,000
Option granted, maximum exercise period	10 years
Vesting period	4 years
2012 Plan | Stock Options | For the first four anniversaries of the grant date
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of stock award vesting	25.00%

Pre-tax Compensation Expense an

Pre-tax Compensation Expense and Excess Tax Benefit Recognized in Earnings (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Pre-tax compensation expense	$ 93	$ 349	$ 574
Excess tax benefit	$ 8	$ 5	$ 9

Stock Option Activity (Detail)

Stock Option Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Option shares
Options Outstanding at beginning of period	326,022
Granted	0
Exercised	4,323	3,854	5,850
Canceled	85,295
Options Outstanding at end of period	236,404	326,022
Options Exercisable at end of period	236,404
Weighted average exercise price per share
Options Outstanding at beginning of period	$ 20.54
Granted	0
Exercised	12.64
Canceled	21.98
Options Outstanding at end of period	20.17	$ 20.54
Options Exercisable at end of period	$ 20.17
Weighted average remaining contractual term (years)
Options Outstanding at end of period	5 years 6 months
Options Exercisable at end of period	5 years 6 months
Aggregate Intrinsic Value
Options Outstanding at end of period	$ 707
Options Exercisable at end of period	$ 707

Restricted Stock Activity (Deta

Restricted Stock Activity (Detail) - Restricted Stock	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Number of Shares
Nonvested shares at beginning of period | shares	900
Granted | shares	9,654
Vested | shares	(5,227)
Canceled | shares	0
Nonvested shares at end of period | shares	5,327
Weighted-Average Grant Date Fair Value per Share
Nonvested shares at beginning of period | $ / shares	$ 16.24
Granted | $ / shares	16.90
Vested | $ / shares	16.84
Canceled | $ / shares	0
Nonvested shares at end of period | $ / shares	$ 16.85

Performance Stock Activity (Det

Performance Stock Activity (Detail) - Performance Shares	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Number of Shares
Nonvested shares at beginning of period | shares	22,902
Granted | shares	0
Vested | shares	(12,906)
Canceled | shares	(148)
Nonvested shares at end of period | shares	9,848
Weighted-Average Grant Date Fair Value per Share
Nonvested shares at beginning of period | $ / shares	$ 15.79
Granted | $ / shares	0
Vested | $ / shares	15.77
Canceled | $ / shares	15.56
Nonvested shares at end of period | $ / shares	$ 15.83

Components of Other Operating i

Components of Other Operating income and Expense (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other operating income
Increase in cash value of bank owned life insurance		$ 1,690	$ 1,304	$ 1,162
Other	[1]	2,439	3,051	4,073
Total other operating income		4,129	4,355	5,235
Other operating expense
Service fees		3,401	3,856	3,157
OREO expense and net loss		2,438	2,094	2,037
ATM processing expenses		2,407	2,102	1,605
Telephone and data communications		1,595	1,715	1,707
Advertising and public relations		1,309	1,001	1,686
Professional fees		1,272	1,436	2,564
Office supplies		1,228	1,514	1,472
Premises and equipment write-downs		259	935	1,520
Other	[1]	7,202	7,589	7,500
Total other operating expense		$ 21,111	$ 22,242	$ 23,248
[1]	Other components of other operating income or expense that do not exceed 1% of total income.

Components of Other Operatin121

Components of Other Operating income and Expense (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2015
Component Of Other Operating Income And Expense [Line Items]
Percentage of other operating income	1.00%

Components of Income Tax Expens

Components of Income Tax Expense (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current tax expense (benefit):
Federal									$ (254)	$ 7,234	$ 12,819
State									581	1,325	1,743
Total current tax expense									327	8,559	14,562
Deferred tax expense (benefit):
Federal									10,034	2,971	(3,136)
State									1,020	794	(518)
Total deferred tax expense (benefit)									11,054	3,765	(3,654)
Total income tax expense	$ 2,993	$ 3,084	$ 2,467	$ 2,837	$ 2,931	$ 3,609	$ 3,223	$ 2,561	$ 11,381	$ 12,324	$ 10,908

Significant Components of Net D

Significant Components of Net Deferred Tax Asset (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Allowance for loan losses	$ 7,741	$ 7,519
Unrealized losses on available-for-sale securities	2,331	2,560
Unrealized asset losses	1,511	4,477
Purchase accounting	5,014	5,343
FDIC assisted transactions	6,551	6,582
Intangible assets	4,082	7,584
Deferred compensation assets	4,529	4,421
Other deferred tax assets	2,578	6,427
Total deferred tax assets	34,337	44,913
Deferred tax liabilities:
FDIC indemnification asset	13,162	12,548
Fixed assets	2,658	2,453
Odd days interest deferral	1,975	2,007
Other	347	442
Total deferred tax liabilities	18,142	17,450
Net deferred tax asset	$ 16,195	$ 27,463

Reconciliation of Statutory Fed

Reconciliation of Statutory Federal Tax Rate and Effective Tax Rate from Continuing Operations (Detail)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule Of Effective Tax Rates [Line Items]
Federal statutory tax rate	35.00%	35.00%	35.00%
(Reduction) increase resulting from:
Tax-exempt interest	(4.07%)	(4.35%)	(5.14%)
State income taxes, net of federal benefit	1.78%	2.66%	2.35%
Bank owned life insurance	(1.92%)	(1.47%)	(1.48%)
Other, net	0.89%	0.75%	1.15%
Effective tax rate	31.68%	32.59%	31.88%

Components of Accumulated Other

Components of Accumulated Other Comprehensive Income, Net of Tax (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (5,605)	$ (14,740)	$ (1,825)
Other comprehensive (loss) gain before reclassifications	471	10,620	(12,759)
Reclassified from AOCI	(113)	(1,485)	(156)
Other comprehensive income (loss), net of tax	358	9,135	(12,915)
Ending balance	(5,247)	(5,605)	(14,740)
Available-for-Sale Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(4,266)	(13,640)	(283)
Other comprehensive (loss) gain before reclassifications	291	10,697	(13,406)
Reclassified from AOCI	90	(1,323)	49
Other comprehensive income (loss), net of tax	381	9,374	(13,357)
Ending balance	(3,885)	(4,266)	(13,640)
Employee Benefit Plan
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(1,339)	(1,100)	(1,542)
Other comprehensive (loss) gain before reclassifications	180	(77)	647
Reclassified from AOCI	(203)	(162)	(205)
Other comprehensive income (loss), net of tax	(23)	(239)	442
Ending balance	$ (1,362)	$ (1,339)	$ (1,100)

Reclassifications Out of Accumu

Reclassifications Out of Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
(Losses) gains realized in net income		$ 7	$ 39	$ (213)	$ 23	$ 1,691	$ (320)	$ 59	$ (45)	$ (144)	$ 1,385	$ (399)
Net impairment losses recognized in earnings											(737)	(320)
Amortization of losses										(326)	(260)	(327)
Income before taxes		(9,141)	(9,343)	(8,642)	(8,795)	(8,646)	(10,652)	(10,230)	(8,286)	(35,921)	(37,814)	(34,220)
Income tax (benefit) expense		(2,993)	(3,084)	(2,467)	(2,837)	(2,931)	(3,609)	(3,223)	(2,561)	(11,381)	(12,324)	(10,908)
Net Income		$ (6,148)	$ (6,259)	$ (6,175)	$ (5,958)	$ (5,715)	$ (7,043)	$ (7,007)	$ (5,725)	(24,540)	(25,490)	(23,312)
Reclassified from AOCI, net of tax										113	1,485	156
Available-for-Sale Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassified from AOCI, net of tax										(90)	1,323	(49)
Employee Benefit Plan
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassified from AOCI, net of tax										203	162	205
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassified from AOCI, net of tax										(113)	(1,485)	(156)
Reclassification out of Accumulated Other Comprehensive Income | Available-for-Sale Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
(Losses) gains realized in net income										144	(1,385)	399
Net impairment losses recognized in earnings											(737)	(320)
Income before taxes										144	(2,122)	79
Income tax (benefit) expense										54	(799)	30
Net Income										90	(1,323)	49
Reclassification out of Accumulated Other Comprehensive Income | Employee Benefit Plan
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of prior service cost	[1]									(260)	(260)	(277)
Amortization of losses	[1]									(66)		(50)
Income before taxes										(326)	(260)	(327)
Income tax (benefit) expense										(123)	(98)	(122)
Net Income										$ (203)	$ (162)	$ (205)
[1]	Amortization is included in net periodic pension cost. See Note 13, "Employee Benefit Plans."

Summary of Financial Assets and

Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	$ 366,173	$ 326,117
Derivatives assets		5
Derivative Liabilities	251	214
Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	128,678	138,915
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	366,173	326,117
Fair value loans	4,886	3,406
Deferred compensation assets	3,464	3,380
Derivatives assets		5
Deferred compensation liabilities	3,464	3,380
Derivative Liabilities	251	214
Recurring | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	128,678	138,915
Recurring | U.S. Agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	30,702	33,598
Recurring | Single Issue Trust Preferred Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	47,832	46,137
Recurring | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	70,333	5,109
Recurring | Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	5,000
Recurring | Agency Mortgage Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	83,556	102,119
Recurring | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	72	239
Recurring | Forward Sale Loan Commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives assets		5
Interest Rate Swaps Agreement | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liabilities	251	209
IRLCs | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liabilities		5
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	54	221
Deferred compensation assets	3,464	3,380
Deferred compensation liabilities	3,464	3,380
Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	54	221
Deferred compensation assets	3,464	3,380
Deferred compensation liabilities	3,464	3,380
Level 1 | Recurring | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	54	221
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	366,119	325,896
Fair value loans	5,137	3,406
Derivatives assets		5
Derivative Liabilities	251	214
Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	366,119	325,896
Fair value loans	4,886	3,406
Derivatives assets		5
Derivative Liabilities	251	214
Level 2 | Recurring | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	128,678	138,915
Level 2 | Recurring | U.S. Agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	30,702	33,598
Level 2 | Recurring | Single Issue Trust Preferred Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	47,832	46,137
Level 2 | Recurring | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	70,333	5,109
Level 2 | Recurring | Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	5,000
Level 2 | Recurring | Agency Mortgage Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	83,556	102,119
Level 2 | Recurring | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	18	18
Level 2 | Recurring | Forward Sale Loan Commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivatives assets		5
Level 2 | Interest Rate Swaps Agreement | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liabilities	$ 251	209
Level 2 | IRLCs | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liabilities		$ 5

Fair Value - Additional Informa

Fair Value - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfers into or out of Level 3 of fair value of assets	$ 0	$ 0
Transfers into or out of Level 3 of fair value of liabilities	$ 0	$ 0

Assets Measured at Fair Value o

Assets Measured at Fair Value on Nonrecurring Basis (Detail) - Fair Value on Nonrecurring Basis - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	$ 9,164	$ 4,999
OREO | Non Covered Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	4,819	5,462
OREO | Covered Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	4,034	5,247
Level 3 | Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	9,164	4,999
Level 3 | OREO | Non Covered Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	4,819	5,462
Level 3 | OREO | Covered Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	$ 4,034	$ 5,247

Quantitative Information for As

Quantitative Information for Assets Measured at Fair Value on Nonrecurring Basis (Detail) - Fair Value on Nonrecurring Basis		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Valuation Technique	[1]	Discounted appraisals
Unobservable Input	[2]	Appraisal adjustments
OREO | Non Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Valuation Technique	[1]	Discounted appraisals
Unobservable Input	[2]	Appraisal adjustments
OREO | Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Valuation Technique	[1]	Discounted appraisals
Unobservable Input	[2]	Appraisal adjustments
Minimum | Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		1.00%	1.00%
Minimum | OREO | Non Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		1.00%	10.00%
Minimum | OREO | Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		21.00%	10.00%
Maximum | Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		39.00%	33.00%
Maximum | OREO | Non Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		100.00%	47.00%
Maximum | OREO | Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		65.00%	52.00%
Average | Impaired Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		21.00%	22.00%
Average | OREO | Non Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		33.00%	26.00%
Average | OREO | Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		46.00%	44.00%
[1]	Fair value is generally based on appraisals of the underlying collateral.
[2]	Appraisals may be adjusted by management for customized discounting criteria, estimated sales costs, and proprietary qualitative adjustments.

Carrying Amount and Fair Value

Carrying Amount and Fair Value of Company's Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets
Available-for-sale securities	$ 366,173	$ 326,117
Held-to-maturity securities	72,490	57,889
FDIC indemnification asset	20,844	27,900	$ 34,691
Accrued interest receivable	6,007	6,315
Derivative financial assets		5
Liabilities
Derivative financial liabilities	251	214
Carrying (Reported) Amount, Fair Value Disclosure
Assets
Cash and cash equivalents	51,787	237,660
Available-for-sale securities	366,173	326,117
Held-to-maturity securities	72,541	57,948
Loans held for sale		1,792
Loans held for investment less allowance	1,686,308	1,669,189
FDIC indemnification asset	20,844	27,900
Accrued interest receivable	6,007	6,315
Derivative financial assets		5
Deferred compensation assets	3,464	3,380
Liabilities
Securities sold under agreements to repurchase	138,614	121,742
Accrued interest payable	1,260	1,668
FHLB and other borrowings	80,756	107,999
Derivative financial liabilities	251	214
Deferred compensation liabilities	3,464	3,380
Carrying (Reported) Amount, Fair Value Disclosure | Demand Deposits
Liabilities
Deposits Fair Value	451,511	417,729
Carrying (Reported) Amount, Fair Value Disclosure | Interest-bearing Deposits
Liabilities
Deposits Fair Value	347,705	353,874
Carrying (Reported) Amount, Fair Value Disclosure | Savings Deposits
Liabilities
Deposits Fair Value	530,585	525,478
Carrying (Reported) Amount, Fair Value Disclosure | Bank Time Deposits
Liabilities
Deposits Fair Value	543,458	703,678
Estimate of Fair Value, Fair Value Disclosure
Assets
Cash and cash equivalents	51,787	237,660
Available-for-sale securities	366,173	326,117
Held-to-maturity securities	72,490	57,889
Loans held for sale		1,790
Loans held for investment less allowance	1,685,061	1,738,553
FDIC indemnification asset	10,753	18,040
Accrued interest receivable	6,007	6,315
Derivative financial assets		5
Deferred compensation assets	3,464	3,380
Liabilities
Securities sold under agreements to repurchase	140,880	123,114
Accrued interest payable	1,260	1,668
FHLB and other borrowings	85,774	116,599
Derivative financial liabilities	251	214
Deferred compensation liabilities	3,464	3,380
Estimate of Fair Value, Fair Value Disclosure | Demand Deposits
Liabilities
Deposits Fair Value	451,511	417,729
Estimate of Fair Value, Fair Value Disclosure | Interest-bearing Deposits
Liabilities
Deposits Fair Value	347,705	353,874
Estimate of Fair Value, Fair Value Disclosure | Savings Deposits
Liabilities
Deposits Fair Value	530,585	525,478
Estimate of Fair Value, Fair Value Disclosure | Bank Time Deposits
Liabilities
Deposits Fair Value	541,059	704,590
Level 1
Assets
Cash and cash equivalents	51,787	237,660
Available-for-sale securities	54	221
Deferred compensation assets	3,464	3,380
Liabilities
Deferred compensation liabilities	3,464	3,380
Level 2
Assets
Available-for-sale securities	366,119	325,896
Held-to-maturity securities	72,490	57,889
Loans held for sale		1,790
Loans held for investment less allowance	5,137	3,406
Accrued interest receivable	6,007	6,315
Derivative financial assets		5
Liabilities
Securities sold under agreements to repurchase	140,880	123,114
Accrued interest payable	1,260	1,668
FHLB and other borrowings	85,774	116,599
Derivative financial liabilities	251	214
Level 2 | Demand Deposits
Liabilities
Deposits Fair Value	451,511	417,729
Level 2 | Interest-bearing Deposits
Liabilities
Deposits Fair Value	347,705	353,874
Level 2 | Savings Deposits
Liabilities
Deposits Fair Value	530,585	525,478
Level 2 | Bank Time Deposits
Liabilities
Deposits Fair Value	541,059	704,590
Level 3
Assets
Loans held for investment less allowance	1,679,924	1,735,147
FDIC indemnification asset	$ 10,753	$ 18,040

Deposit and Loan Activity with

Deposit and Loan Activity with Related Parties (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Related Party Transaction [Line Items]
Beginning balance	$ 3,820	$ 2,922	$ 2,589
Increase in deposits, including new accounts	971	1,321	907
Decrease in deposits, including closed accounts	(1,022)	(423)	(574)
Net change in deposits	(51)	898	333
Ending balance	3,769	3,820	2,922
Beginning balance	22,826	17,181	16,617
Increase in existing loans, including new loans	1,066	6,123	2,037
Decrease in existing loans, including loans paid off	(2,006)	(478)	(1,473)
Net change in loans	(940)	5,645	564
Ending balance	$ 21,886	$ 22,826	$ 17,181

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Related Party Transaction [Line Items]
Loan to related parties, Increase (decreases)	$ (940)	$ 5,645	$ 564
Related party fees	88	27	57
Lease expense	862	1,060	1,180
Related Parties
Related Party Transaction [Line Items]
Lease expense	95	92	134
Other expense	21
Subsidiary Board Members and Executive Officers
Related Party Transaction [Line Items]
Net increase (decreases) in related party deposit	(420)	481	103
Loan to related parties, Increase (decreases)	$ 0	$ 5,470	$ (613)

Off-Balance Sheet Financial Ins

Off-Balance Sheet Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments to extend credit	$ 235,302	$ 236,471
Commitments related to secondary market mortgage loans		1,391
Standby letters of credit and financial guarantees	7,765	3,581
Total off-balance sheet risk	243,067	241,443
Reserve for unfunded commitments	$ 326	$ 326

Litigation, Commitments and Con

Litigation, Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Line Items]
Commitments to extend credit	$ 235,302	$ 236,471
Trust preferred securities	15,460
FHLB Borrowings
Commitments and Contingencies Disclosure [Line Items]
Commitments to extend credit	$ 22,690	$ 6,180

Company's and Bank's Capital Ra

Company's and Bank's Capital Ratios (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
First Community Bancshares, Inc.
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, actual amount	$ 269,998	$ 284,999
Total Capital to Risk-Weighted Assets, actual (ratio)	15.95%	17.68%
Total Capital to Risk-Weighted Assets, for capital adequacy purposes amount		$ 128,962
Total Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)		8.00%
Tier 1 Capital to Risk-Weighted Assets, actual amount	$ 249,436	$ 264,838
Tier 1 Capital to Average Assets (Leverage), actual amount	$ 249,436	$ 264,838
Tier 1 Capital to Risk-Weighted Assets, actual (ratio)	14.73%	16.43%
Tier 1 Capital to Average Assets (Leverage), actual (ratio)	10.62%	10.12%
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes amount		$ 64,481
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes amount		$ 104,679
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)		4.00%
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes (ratio)		4.00%
First Community Bancshares, Inc. | Basel III Fully Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	10.50%
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	8.50%
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes (ratio)	4.00%
First Community Bancshares, Inc. | Fully Phased In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, for capital adequacy purposes amount	$ 177,791
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes amount	143,926
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes amount	$ 93,935
First Community Bancshares, Inc. | Phase In Schedule
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	8.00%
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	6.00%
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes (ratio)	4.00%
First Community Bancshares, Inc. | Basel III Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, for capital adequacy purposes amount	$ 135,459
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes amount	101,595
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes amount	93,935
First Community Bancshares, Inc. | Common Stock
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Risk-Weighted Assets, actual amount	$ 246,237
Tier 1 Capital to Risk-Weighted Assets, actual (ratio)	14.54%
First Community Bancshares, Inc. | Common Stock | Basel III Fully Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	7.00%
First Community Bancshares, Inc. | Common Stock | Fully Phased In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes amount	$ 118,527
First Community Bancshares, Inc. | Common Stock | Phase In Schedule
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	4.50%
First Community Bancshares, Inc. | Common Stock | Basel III Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes amount	$ 76,196
First Community Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, actual amount	$ 249,228	$ 251,256
Total Capital to Risk-Weighted Assets, actual (ratio)	14.82%	15.73%
Total Capital to Risk-Weighted Assets, for capital adequacy purposes amount		$ 127,761
Total Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)		8.00%
Total Capital to Risk-Weighted Assets, to be well capitalized under prompt corrective action provision amount	$ 168,183	$ 159,701
Total Capital to Risk-Weighted Assets, to be well capitalized under prompt corrective action provision (ratio)	10.00%	10.00%
Tier 1 Capital to Risk-Weighted Assets, actual amount	$ 228,669	$ 231,286
Tier 1 Capital to Average Assets (Leverage), actual amount	$ 228,669	$ 231,286
Tier 1 Capital to Risk-Weighted Assets, actual (ratio)	13.60%	14.48%
Tier 1 Capital to Average Assets (Leverage), actual (ratio)	9.77%	8.87%
Tier 1 Capital to Risk-Weighted Assets, to be well capitalized under prompt corrective action provision amount	$ 134,546	$ 95,821
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes amount		63,881
Tier 1 Capital to Average Assets (Leverage), to be well capitalized under prompt corrective action provision amount	$ 117,020	130,412
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes amount		$ 104,330
Tier 1 Capital to Risk-Weighted Assets, to be well capitalized under prompt corrective action provision (ratio)	8.00%	6.00%
Tier 1 Capital to Average Assets (Leverage), to be well capitalized under prompt corrective action provision (ratio)	5.00%	5.00%
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)		4.00%
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes (ratio)		4.00%
First Community Bank | Basel III Fully Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	10.50%
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	8.50%
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes (ratio)	4.00%
First Community Bank | Fully Phased In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, for capital adequacy purposes amount	$ 176,592
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes amount	142,955
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes amount	$ 93,616
First Community Bank | Phase In Schedule
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	8.00%
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	6.00%
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes (ratio)	4.00%
First Community Bank | Basel III Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, for capital adequacy purposes amount	$ 134,546
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes amount	100,910
Tier 1 Capital to Average Assets (Leverage), for capital adequacy purposes amount	93,616
First Community Bank | Common Stock
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Risk-Weighted Assets, actual amount	$ 228,669
Tier 1 Capital to Risk-Weighted Assets, actual (ratio)	13.60%
Tier 1 Capital to Risk-Weighted Assets, to be well capitalized under prompt corrective action provision amount	$ 109,319
Tier 1 Capital to Risk-Weighted Assets, to be well capitalized under prompt corrective action provision (ratio)	6.50%
First Community Bank | Common Stock | Basel III Fully Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	7.00%
First Community Bank | Common Stock | Fully Phased In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes amount	$ 117,728
First Community Bank | Common Stock | Phase In Schedule
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes (ratio)	4.50%
First Community Bank | Common Stock | Basel III Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes amount	$ 75,682

Condensed Balance Sheets of Par

Condensed Balance Sheets of Parent Company (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Assets
Cash and due from banks	$ 37,383	$ 39,450
Securities available for sale	366,173	326,117
Investment in subsidiary	0	360
Other assets	91,224	105,066
Total assets	2,462,276	2,607,936
Liabilities
Other borrowings	15,756	17,999
Subordinated debt	15,464	15,464
Total Liabilities	2,119,259	2,256,562
Stockholders' equity
Common stock	21,382	20,500
Additional paid-in capital	227,692	215,873
Retained earnings	155,647	141,206
Treasury stock	(56,457)	(35,751)
Accumulated other comprehensive loss	(5,247)	(5,605)	$ (14,740)	$ (1,825)
Total stockholders' equity	343,017	351,374	$ 328,606	$ 356,323
Total liabilities and stockholders' equity	2,462,276	2,607,936
First Community Bancshares, Inc.
Assets
Cash and due from banks	8,367	21,646
Securities available for sale	8,459	8,172
Investment in subsidiary	336,311	334,155
Other assets	5,489	5,100
Total assets	358,626	369,073
Liabilities
Other borrowings	145	2,235
Subordinated debt	15,464	15,464
Total Liabilities	15,609	17,699
Stockholders' equity
Preferred stock		15,151
Common stock	21,382	20,500
Additional paid-in capital	227,692	215,873
Retained earnings	154,550	140,014
Treasury stock	(56,457)	(35,751)
Accumulated other comprehensive loss	(4,150)	(4,413)
Total stockholders' equity	343,017	351,374
Total liabilities and stockholders' equity	$ 358,626	$ 369,073

Condensed Statements of Income

Condensed Statements of Income (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]
Income tax expense	$ (2,993)	$ (3,084)	$ (2,467)	$ (2,837)	$ (2,931)	$ (3,609)	$ (3,223)	$ (2,561)	$ (11,381)	$ (12,324)	$ (10,908)
Net income	6,148	6,259	6,175	5,958	5,715	7,043	7,007	5,725	24,540	25,490	23,312
Dividends on preferred stock				105	227	228	227	228	105	910	1,024
Net income available to common shareholders	$ 6,148	$ 6,259	$ 6,175	$ 5,853	$ 5,488	$ 6,815	$ 6,780	$ 5,497	24,435	24,580	22,288
First Community Bancshares, Inc.
Condensed Financial Statements, Captions [Line Items]
Cash dividends received from subsidiary bank									22,970	14,148	43,900
Other income									1,039	515	726
Operating expense									(2,080)	(1,793)	(1,647)
Income tax expense									616	511	368
Equity in undistributed earnings of subsidiary									1,995	12,109	(20,035)
Net income									24,540	25,490	23,312
Dividends on preferred stock									105	910	1,024
Net income available to common shareholders									$ 24,435	$ 24,580	$ 22,288

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating activities
Net income	$ 6,148	$ 6,259	$ 6,175	$ 5,958	$ 5,715	$ 7,043	$ 7,007	$ 5,725	$ 24,540	$ 25,490	$ 23,312
Adjustments to reconcile net income to net cash provided by operating activities:
(Gain) loss on sale of securities	7	$ 39	$ (213)	23	1,691	$ (320)	$ 59	(45)	(144)	1,385	(399)
Decrease (increase) in other operating activities									11,425	(4,232)	(8,257)
Net cash provided by operating activities									58,519	41,689	44,518
Investing activities
Proceeds from sales of securities available-for-sale									10,999	162,443	105,934
Payments to acquire securities available-for-sale									(81,540)	(6,047)	(201,138)
Net cash (used in) provided by investing activities									(70,785)	280,955	(1,167)
Financing activities
Redemption of preferred stock									(2,367)
Proceeds from stock options exercised									63	53	85
Payments for repurchase of treasury stock									(21,525)	(2,168)	(28,421)
Payments of common dividends									(9,994)	(9,200)	(9,475)
Payments of preferred dividends									(219)	(910)	(992)
Net cash used in financing activities									(173,607)	(141,551)	(131,631)
Net (decrease) increase in cash and cash equivalents									(185,873)	181,093	(88,280)
Cash and cash equivalents at beginning of period				237,660				56,567	237,660	56,567	144,847
Cash and cash equivalents at end of period	51,787				237,660				51,787	237,660	56,567
First Community Bancshares, Inc.
Operating activities
Net income									24,540	25,490	23,312
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiary									(1,995)	(12,109)	20,035
(Gain) loss on sale of securities									(38)	2	(193)
Decrease (increase) in other assets									1,104	4,624	(5,293)
(Decrease) increase in other liabilities									(1,773)	(347)	333
Decrease (increase) in other operating activities									43	(65)	(106)
Net cash provided by operating activities									21,881	17,595	38,088
Investing activities
Proceeds from sales of securities available-for-sale									199	5,030	3,380
Payments to acquire securities available-for-sale											(5,000)
Investment in subsidiary										(2,000)
Net cash (used in) provided by investing activities									199	3,030	(1,620)
Financing activities
(Repayments of) proceeds from other borrowings									(2,000)	2,000
Redemption of preferred stock									(2,367)
Proceeds from stock options exercised									264	89	789
Payments for repurchase of treasury stock									(21,525)	(2,168)	(28,421)
Payments of common dividends									(9,994)	(9,200)	(9,476)
Payments of preferred dividends									(219)	(910)	(992)
Proceeds from other financing activities									482	338	28
Net cash used in financing activities									(35,359)	(9,851)	(38,072)
Net (decrease) increase in cash and cash equivalents									(13,279)	10,774	(1,604)
Cash and cash equivalents at beginning of period				$ 21,646				$ 10,872	21,646	10,872	12,476
Cash and cash equivalents at end of period	$ 8,367				$ 21,646				$ 8,367	$ 21,646	$ 10,872

Summary of Quarterly Earnings (

Summary of Quarterly Earnings (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule Of Quarterly Financial Information [Line Items]
Interest income	$ 23,677	$ 24,348	$ 23,979	$ 24,098	$ 28,181	$ 25,751	$ 26,093	$ 26,083	$ 96,102	$ 106,108	$ 109,476
Interest expense	2,502	2,679	2,909	3,259	3,471	3,736	4,025	4,058	11,349	15,290	17,834
Net interest income	21,175	21,669	21,070	20,839	24,710	22,015	22,068	22,025	84,753	90,818	91,642
Provision for (recovery of) loan losses	434	381	276	1,100	(488)	(2,439)	1,279	1,793
Net interest income after provision for loan losses	20,741	21,288	20,794	19,739	25,198	24,454	20,789	20,232	82,562	90,673	83,434
Other income, excluding net (loss) gain on sale of securities	7,490	7,113	7,924	6,859	9,189	7,347	7,663	7,189
Net gain (loss) on sale of securities	(7)	(39)	213	(23)	(1,691)	320	(59)	45	144	(1,385)	399
Total noninterest expense	19,083	19,019	20,289	17,780	24,050	21,469	18,163	19,180	76,171	82,862	78,985
Income before income taxes	9,141	9,343	8,642	8,795	8,646	10,652	10,230	8,286	35,921	37,814	34,220
Income tax	2,993	3,084	2,467	2,837	2,931	3,609	3,223	2,561	11,381	12,324	10,908
Net income	6,148	6,259	6,175	5,958	5,715	7,043	7,007	5,725	24,540	25,490	23,312
Dividends on preferred stock				105	227	228	227	228	105	910	1,024
Net income available to common shareholders	$ 6,148	$ 6,259	$ 6,175	$ 5,853	$ 5,488	$ 6,815	$ 6,780	$ 5,497	$ 24,435	$ 24,580	$ 22,288
Basic earnings per common share	$ 0.34	$ 0.34	$ 0.33	$ 0.31	$ 0.30	$ 0.37	$ 0.37	$ 0.30	$ 1.32	$ 1.34	$ 1.13
Diluted earnings per common share	0.34	0.34	0.33	0.31	0.29	0.36	0.36	0.29	$ 1.31	$ 1.31	$ 1.11
Dividend per common share	$ 0.14	$ 0.14	$ 0.13	$ 0.13	$ 0.13	$ 0.13	$ 0.12	$ 0.12
Weighted average basic shares outstanding	18,193,824	18,470,348	18,831,742	18,633,574	18,403,959	18,402,764	18,395,996	18,423,123	18,531,039	18,406,363	19,792,099
Weighted average diluted shares outstanding	18,226,719	18,500,975	18,860,119	19,344,443	19,482,000	19,466,126	19,457,237	19,506,647	18,727,464	19,483,054	20,961,800

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail)	Mar. 04, 2016USD ($)Branch	Oct. 24, 2014USD ($)Branch
Bank of America
Subsequent Event [Line Items]
Number of operating branches | Branch		7
Deposit held on acquisition date by acquiree | $		$ 318,880,000
Bank of America | Southwestern Virginia
Subsequent Event [Line Items]
Number of operating branches | Branch		6
Subsequent Event | Bank of America | Southwestern Virginia
Subsequent Event [Line Items]
Number of operating branches | Branch	7
Deposit held on acquisition date by acquiree | $	$ 150,000,000
Subsequent Event | First Bank | Southeastern, Coastal region of North Carolina
Subsequent Event [Line Items]
Number of operating branches sold | Branch	6
Deposit assumed by the buyer | $	$ 130,000,000
Subsequent Event | First Bank | Southeastern, Coastal region of North Carolina | Maximum
Subsequent Event [Line Items]
Loan assumed by the buyer | $	$ 175,000,000