First Community Bankshares (FCBC) 10-Q 6 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 29, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
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 Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		17,514,176

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets
Cash and due from banks	$ 36,275	$ 37,383
Federal funds sold	2,407	13,498
Interest-bearing deposits in banks	905	906
Total cash and cash equivalents	39,587	51,787
Securities available for sale	338,469	366,173
Securities held to maturity	72,485	72,541
Loans held for investment, net of unearned income
Non-covered	1,685,891	1,623,506
Covered	76,538	83,035
Less allowance for loan losses	(20,467)	(20,233)
Loans held for investment, net	1,741,962	1,686,308
FDIC indemnification asset	18,787	20,844
Premises and equipment, net	50,799	52,756
Other real estate owned, non-covered	5,313	4,873
Other real estate owned, covered	2,279	4,034
Interest receivable	5,968	6,007
Goodwill	100,486	100,486
Other intangible assets	4,965	5,243
Other assets	89,187	91,224
Total assets	2,470,287	2,462,276
Deposits
Noninterest-bearing	453,336	451,511
Interest-bearing	1,421,329	1,421,748
Total deposits	1,874,665	1,873,259
Interest, taxes, and other liabilities	24,576	26,630
Federal funds purchased	18,000
Securities sold under agreements to repurchase	134,661	138,614
FHLB borrowings	65,000	65,000
Other borrowings	15,756	15,756
Total liabilities	2,132,658	2,119,259
Stockholders' equity
Common stock, $1 par value; 50,000,000 shares authorized; 21,381,779 shares issued at both March 31, 2016, and December 31, 2015; 3,750,768 and 3,283,638 shares in treasury at March 31, 2016, and December 31, 2015, respectively	21,382	21,382
Additional paid-in capital	227,725	227,692
Retained earnings	159,223	155,647
Treasury stock, at cost	(64,968)	(56,457)
Accumulated other comprehensive loss	(5,733)	(5,247)
Total stockholders' equity	337,629	343,017
Total liabilities and stockholders' equity	$ 2,470,287	$ 2,462,276

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2016	Dec. 31, 2015
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	21,381,779	21,381,779
Treasury stock, shares	3,750,768	3,283,638

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Interest income
Interest and fees on loans	$ 21,573	$ 21,914
Interest on securities - taxable	1,019	1,035
Interest on securities - tax-exempt	938	1,016
Interest on deposits in banks	20	133
Total interest income	23,550	24,098
Interest expense
Interest on deposits	1,114	1,730
Interest on short-term borrowings	516	490
Interest on long-term debt	809	1,039
Total interest expense	2,439	3,259
Net interest income	21,111	20,839
Provision for loan losses	1,187	1,100
Net interest income after provision for loan losses	19,924	19,739
Noninterest income
Wealth management	684	666
Service charges on deposits	3,291	2,903
Other service charges and fees	2,010	2,008
Insurance commissions	2,191	2,127
Net gain (loss) on sale of securities	1	(23)
Net FDIC indemnification asset amortization	(1,159)	(1,565)
Other operating income	885	720
Total noninterest income	7,903	6,836
Noninterest expense
Salaries and employee benefits	10,475	9,693
Occupancy expense	1,531	1,534
Furniture and equipment expense	1,096	1,237
Amortization of intangibles	278	277
FDIC premiums and assessments	374	415
Merger, acquisition, and divestiture expense	39	86
Other operating expense	5,021	4,538
Total noninterest expense	18,814	17,780
Income before income taxes	9,013	8,795
Income tax expense	2,929	2,837
Net income	6,084	5,958
Dividends on preferred stock		105
Net income available to common shareholders	$ 6,084	$ 5,853
Earnings per common share
Basic	$ 0.34	$ 0.31
Diluted	0.34	0.31
Cash dividends per common share	$ 0.14	$ 0.13
Weighted average shares outstanding
Basic	17,859,197	18,633,574
Diluted	17,892,531	19,344,443

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net income	$ 6,084	$ 5,958
Other comprehensive income, before tax Available-for-sale securities:
Change in net unrealized (losses) gains on securities without other-than-temporary impairment	(722)	1,617
Reclassification adjustment for net (gains) losses recognized in net income	(1)	23
Net unrealized (losses) gains on available-for-sale securities	(723)	1,640
Employee benefit plans:
Net actuarial loss	(125)	(98)
Reclassification adjustment for amortization of prior service cost and net actuarial loss recognized in net income	71	82
Net unrealized losses on employee benefit plans	(54)	(16)
Other comprehensive (loss) income, before tax	(777)	1,624
Income tax benefit (expense)	291	(610)
Other comprehensive (loss) income, net of tax	(486)	1,014
Total comprehensive income	$ 5,598	$ 6,972

CONDENSED CONSOLIDATED STATEME6

CONDENSED 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, 2014	$ 351,374	$ 15,151	$ 20,500	$ 215,873	$ 141,206	$ (35,751)	$ (5,605)
Net income	5,958				5,958
Other comprehensive income , net of tax	1,014						1,014
Common dividends declared - $0.13 per share in 2015 and $0.14 per share in 2016	(2,403)				(2,403)
Preferred dividends declared - $15.00 per share	(105)				(105)
Preferred stock converted to common stock - 882,096 shares		(12,784)	882	11,902
Redemption of preferred stock - 2,367 shares	(2,367)	$ (2,367)
Equity-based compensation expense	20			20
Common stock options exercised - 3,000 shares	41			(10)		51
Restricted stock awards - 6,594 shares in 2015 and 12,882 shares in 2016	111			(1)		112
Issuance of treasury stock to 401(k) plan - 6,599 shares in 2015 and 7,727 shares in 2016	110			(2)		112
Purchase of treasury shares - 339,234 shares at $16.47 per share in 2015 and 487,739 shares at $18.14 per share in 2016	(5,602)					(5,602)
Balance at Mar. 31, 2015	348,151		21,382	227,782	144,656	(41,078)	(4,591)
Balance at Dec. 31, 2015	343,017		21,382	227,692	155,647	(56,457)	(5,247)
Net income	6,084				6,084
Other comprehensive income , net of tax	(486)						(486)
Common dividends declared - $0.13 per share in 2015 and $0.14 per share in 2016	(2,508)				(2,508)
Equity-based compensation expense	7			7
Restricted stock awards - 6,594 shares in 2015 and 12,882 shares in 2016	240			18		222
Issuance of treasury stock to 401(k) plan - 6,599 shares in 2015 and 7,727 shares in 2016	142			8		134
Purchase of treasury shares - 339,234 shares at $16.47 per share in 2015 and 487,739 shares at $18.14 per share in 2016	(8,867)					(8,867)
Balance at Mar. 31, 2016	$ 337,629		$ 21,382	$ 227,725	$ 159,223	$ (64,968)	$ (5,733)

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Common dividends declared, per share	$ 0.14	$ 0.13
Preferred dividends declared, per share		$ 15
Preferred stock converted to common stock, shares		882,096
Redemption of preferred stock, shares		2,367
Common stock options exercised, shares		3,000
Restricted stock awards shares	12,882	6,594
Issuance of treasury stock to 401(k) plan, shares	7,727	6,599
Purchase of treasury shares	487,739	339,234
Treasury stock shares acquired cost per share	$ 18.14	$ 16.47

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating activities
Net income	$ 6,084	$ 5,958
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,187	1,100
Depreciation and amortization of property, plant, and equipment	937	1,056
Amortization of premiums on investments, net	898	185
Amortization of FDIC indemnification asset, net	1,159	1,565
Amortization of intangible assets	278	277
Gain on sale of loans, net		(106)
Equity-based compensation expense	7	20
Restricted stock awards	240	111
Issuance of treasury stock to 401(k) plan	142	110
Loss on sale of property, plant, and equipment, net	360
Loss on sale of other real estate	660	232
(Gain) loss on sale of securities	(1)	23
Proceeds from sale of mortgage loans		2,950
Originations of mortgage loans		(2,226)
Decrease in accrued interest receivable	39	127
Decrease in other operating activities	641	6,750
Net cash provided by operating activities	12,631	18,132
Investing activities
Proceeds from sale of securities available for sale	16,074	15
Proceeds from maturities, prepayments, and calls of securities available for sale	10,027	7,481
Payments to acquire securities available for sale		(31,384)
Payments to acquire securities held to maturity		(15,003)
(Originations of) proceeds from loans, net	(58,845)	16,138
(Payments for) proceeds from FHLB stock, net	(661)	216
Cash paid in mergers, acquisitions, and divestitures, net		(88)
Proceeds from the FDIC	1,187	688
Proceeds from sale of (payments to acquire) property, plant, and equipment, net	659	(263)
Proceeds from sale of other real estate	2,650	987
Net cash used in investing activities	(28,909)	(21,213)
Financing activities
Increase in noninterest-bearing deposits, net	1,825	15,693
Decrease in interest-bearing deposits, net	(419)	(25,263)
Increase in federal funds purchased	18,000
Repayments of securities sold under agreements to repurchase, net	(3,953)	(5,440)
Repayments of FHLB and other borrowings		(2,000)
Redemption of preferred stock		(2,367)
Proceeds from stock options exercised		41
Excess tax benefit from equity-based compensation		5
Payments for repurchase of treasury stock	(8,867)	(5,602)
Payments of common dividends	(2,508)	(2,403)
Payments of preferred dividends		(219)
Net cash provided by (used in) financing activities	4,078	(27,555)
Net decrease in cash and cash equivalents	(12,200)	(30,636)
Cash and cash equivalents at beginning of period	51,787	237,660
Cash and cash equivalents at end of period	39,587	207,024
Supplemental transactions - noncash items
Transfer of loans to other real estate	1,996	1,154
Loans originated to finance other real estate		31
Supplemental transactions - cash flow information
Cash paid for interest	2,471	3,301
Cash paid for income taxes	$ 0	$ 0

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Basis of Presentation	Note 1. Basis of Presentation General 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 49 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”). The Trust Division and FCWM managed $755 million in combined assets as of March 31, 2016. 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 $2.47 billion as of March 31, 2016. 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. The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles (“GAAP”) in the United States for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of management, all adjustments, including normal recurring accruals, necessary for a fair presentation have been made. 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. Operating results for the interim period are not necessarily indicative of the results that may be expected for the full calendar year. The condensed consolidated balance sheet as of December 31, 2015, has been derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K (the “2015 Form 10-K”), as filed with the Securities and Exchange Commission (the “SEC”) on March 4, 2016. Certain information and footnote disclosures normally included in annual consolidated financial statements prepared in accordance with GAAP have been omitted in accordance with standards for the preparation of interim consolidated financial statements. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s 2015 Form 10-K. Significant Accounting Policies A complete and detailed description of the Company’s significant accounting policies is included in Note 1, “Summary of Significant Accounting Policies,” of the Notes to Consolidated Financial Statements in Part II, Item 8 of the Company’s 2015 Form 10-K. A discussion of the Company’s application of critical accounting estimates is included in “Critical Accounting Estimates” in Item 2 of this report. Reclassifications and Corrections 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. Recent Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-09, “Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” The new guidance is intended to simplify several aspects of the accounting for share-based payment award transactions including income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This ASU is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact that the new standard will have on its financial position, results of operations, and cash flows and does not expect this guidance to have a material effect on its financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” The new guidance is intended to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and requiring more disclosures related to leasing transactions. This ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact that the new standard will have on its financial position, results of operations, and cash flows and does not expect this guidance to have a material effect on its financial statements. Other accounting standards that have been issued by the FASB or other standards-setting bodies are not expected to have a material impact on the consolidated financial statements upon adoption.

Acquisitions and Divestitures

Acquisitions and Divestitures	3 Months Ended
	Mar. 31, 2016
Acquisitions and Divestitures	Note 2. Acquisitions and Divestitures On March 4, 2016, the Company announced 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.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2016
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: March 31, 2016 Amortized Unrealized Unrealized Fair Value (Amounts in thousands) U.S. Agency securities $ 30,737 $ 89 $ (257 ) $ 30,569 Municipal securities 122,587 5,317 (59 ) 127,845 Single issue trust preferred securities 55,897 — (11,809 ) 44,088 Corporate securities 70,343 — (92 ) 70,251 Mortgage-backed Agency securities 65,778 282 (416 ) 65,644 Equity securities 66 6 — 72 Total securities available for sale $ 345,408 $ 5,694 $ (12,633 ) $ 338,469 December 31, 2015 Amortized Unrealized Unrealized Fair Value (Amounts in thousands) 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 securities available for sale $ 372,389 $ 4,355 $ (10,571 ) $ 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: March 31, 2016 Amortized Unrealized Unrealized Fair (Amounts in thousands) U.S. Agency securities $ 61,831 $ 374 $ (8 ) $ 62,197 Municipal securities 190 1 — 191 Corporate securities 10,464 91 — 10,555 Total securities held for investment $ 72,485 $ 466 $ (8 ) $ 72,943 December 31, 2015 Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Amounts in thousands) U.S. Agency securities $ 61,863 $ 75 $ (106 ) $ 61,832 Municipal securities 190 3 — 193 Corporate securities 10,488 — (23 ) 10,465 Total securities held for investment $ 72,541 $ 78 $ (129 ) $ 72,490 The following table presents the amortized cost and aggregate fair value of available-for-sale securities and held-to-maturity securities, by contractual maturity, as of March 31, 2016. 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) Amortized Fair Value Available-for-sale securities Due within one year $ 71,929 $ 71,856 Due after one year but within five years 2,623 2,663 Due after five years but within ten years 88,169 92,622 Due after ten years 116,843 105,612 279,564 272,753 Mortgage-backed securities 65,778 65,644 Equity securities 66 72 Total securities available for sale $ 345,408 $ 338,469 Held-to-maturity securities Due within one year $ 25,232 $ 25,231 Due after one year but within five years 47,253 47,712 Due after five years but within ten years — — Due after ten years — — Total securities held to maturity $ 72,485 $ 72,943 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: March 31, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Amounts in thousands) U.S. Agency securities $ 1,418 $ (1 ) $ 23,809 $ (256 ) $ 25,227 $ (257 ) Municipal securities 395 (1 ) 3,239 (58 ) 3,634 (59 ) Single issue trust preferred securities — — 44,088 (11,809 ) 44,088 (11,809 ) Corporate securities 60,210 (84 ) 10,041 (8 ) 70,251 (92 ) Mortgage-backed Agency securities 5,020 (22 ) 37,329 (394 ) 42,349 (416 ) Total $ 67,043 $ (108 ) $ 118,506 $ (12,525 ) $ 185,549 $ (12,633 ) December 31, 2015 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Amounts in thousands) 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 ) 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 dates indicated. March 31, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Amounts in thousands) U.S. Agency securities $ 13,749 $ (8 ) $ — $ — $ 13,749 $ (8 ) Total $ 13,749 $ (8 ) $ — $ — $ 13,749 $ (8 ) December 31, 2015 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Amounts in thousands) 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 ) As of March 31, 2016, there were 52 individual securities in an unrealized loss position, and their combined depreciation in value represented 3.08% of the investment securities portfolio. 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. 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: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Gross realized gains $ 132 $ 15 Gross realized losses (131 ) (38 ) Net gain (loss) on sale of securities $ 1 $ (23 ) The carrying amount of securities pledged for various purposes totaled $222.54 million as of March 31, 2016, and $236.73 million as of December 31, 2015. The Company reviews its investment portfolio quarterly for indications of other-than-temporary impairment (“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 other comprehensive income (“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. During the three months ended March 31, 2016 and 2015, the Company incurred no OTTI charges related to debt securities not beneficially owned. 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. During the three months ended March 31, 2016 and 2015, the Company incurred no OTTI charges related to equity holdings.

Loans

Loans	3 Months Ended
	Mar. 31, 2016
Loans	Note 4. Loans 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 Federal Deposit Insurance Corporation (“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: March 31, 2016 December 31, 2015 (Amounts in thousands) Amount Percent Amount Percent Non-covered loans held for investment Commercial loans Construction, development, and other land $ 52,529 2.98 % $ 48,896 2.86 % Commercial and industrial 92,397 5.24 % 88,903 5.21 % Multi-family residential 111,388 6.32 % 95,026 5.57 % Single family non-owner occupied 151,595 8.60 % 149,351 8.75 % Non-farm, non-residential 521,471 29.59 % 485,460 28.45 % Agricultural 3,650 0.21 % 2,911 0.17 % Farmland 27,013 1.53 % 27,540 1.61 % Total commercial loans 960,043 54.47 % 898,087 52.62 % Consumer real estate loans Home equity lines 106,444 6.04 % 107,367 6.29 % Single family owner occupied 497,530 28.23 % 495,209 29.02 % Owner occupied construction 40,892 2.32 % 43,505 2.55 % Total consumer real estate loans 644,866 36.59 % 646,081 37.86 % Consumer and other loans Consumer loans 73,531 4.17 % 72,000 4.22 % Other 7,451 0.43 % 7,338 0.43 % Total consumer and other loans 80,982 4.60 % 79,338 4.65 % Total non-covered loans 1,685,891 95.66 % 1,623,506 95.13 % Total covered loans 76,538 4.34 % 83,035 4.87 % Total loans held for investment, net of unearned income $ 1,762,429 100.00 % $ 1,706,541 100.00 % Customer overdrafts reclassified as loans totaled $1.29 million as of March 31, 2016, and $1.24 million as of December 31, 2015. Deferred loan fees totaled $3.94 million as of March 31, 2016, and $3.78 million as of December 31, 2015. For information concerning off-balance sheet financing, see Note 14, “Litigation, Commitments and Contingencies,” to the Condensed 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: March 31, 2016 December 31, 2015 (Amounts in thousands) Commercial loans Construction, development, and other land $ 6,129 $ 6,303 Commercial and industrial 1,020 1,170 Multi-family residential 100 640 Single family non-owner occupied 2,258 2,674 Non-farm, non-residential 12,439 14,065 Agricultural 34 34 Farmland 632 643 Total commercial loans 22,612 25,529 Consumer real estate loans Home equity lines 45,745 48,565 Single family owner occupied 7,837 8,595 Owner occupied construction 262 262 Total consumer real estate loans 53,844 57,422 Consumer and other loans Consumer loans 82 84 Total covered loans $ 76,538 $ 83,035 Certain purchased loans are identified as impaired when fair values are established at acquisition. These purchased credit impaired (“PCI”) loans are aggregated into loan pools that have common risk characteristics. 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: March 31, 2016 December 31, 2015 Carrying Balance Unpaid Principal Carrying Balance Unpaid Principal (Amounts in thousands) Peoples Bank of Virginia $ 6,872 $ 11,108 $ 6,681 $ 11,249 Waccamaw Bank 32,745 58,544 34,707 63,151 Other acquired 1,227 1,270 1,254 1,297 Total PCI Loans $ 40,844 $ 70,922 $ 42,642 $ 75,697 The following tables present the activity in the accretable yield related to PCI loans, by acquisition, in the periods indicated: Three Months Ended March 31, 2016 Peoples Waccamaw Other Total (Amounts in thousands) Beginning balance $ 3,589 $ 26,109 $ — $ 29,698 Accretion (459 ) (1,484 ) — (1,943 ) Reclassifications from nonaccretable difference (221 ) (272 ) — (493 ) Removals, extensions, and other events, net 1,724 598 — 2,322 Ending balance $ 4,633 $ 24,951 $ — $ 29,584 Three Months Ended March 31, 2015 Peoples Waccamaw Other Total (Amounts in thousands) Beginning balance $ 4,745 $ 19,048 $ — $ 23,793 Additions — 2 — 2 Accretion (630 ) (1,602 ) — (2,232 ) Reclassifications from nonaccretable difference 1,106 2,445 — 3,551 Removals, extensions, and other events, net (735 ) (439 ) — (1,174 ) Ending balance $ 4,486 $ 19,454 $ — $ 23,940

Credit Quality

Credit Quality	3 Months Ended
	Mar. 31, 2016
Credit Quality	Note 5. Credit Quality The Company uses a risk grading matrix to assign a risk grade to each loan in its portfolio. Loan risk ratings may be upgraded or downgraded to reflect current information identified during the loan review process. 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. The following tables present the recorded investment of the Company’s loan portfolio, disaggregated by class and credit quality, as of the dates indicated. Losses on covered loans are generally reimbursable by the FDIC at the applicable loss share percentage, 80%; therefore, covered loans are disclosed separately. March 31, 2016 (Amounts in thousands) Pass Special Substandard Doubtful Loss Total Non-covered loans Commercial loans Construction, development, and other land $ 50,378 $ 883 $ 1,268 $ — $ — $ 52,529 Commercial and industrial 89,978 650 1,766 3 — 92,397 Multi-family residential 97,630 12,899 859 — — 111,388 Single family non-owner occupied 141,932 4,189 5,474 — — 151,595 Non-farm, non-residential 492,801 14,247 13,780 643 — 521,471 Agricultural 3,599 51 — — — 3,650 Farmland 25,453 1,392 168 — — 27,013 Consumer real estate loans Home equity lines 103,764 1,076 1,604 — — 106,444 Single family owner occupied 471,097 6,530 19,838 — 65 497,530 Owner occupied construction 40,175 — 717 — — 40,892 Consumer and other loans Consumer loans 73,306 45 180 — — 73,531 Other 7,451 — — — — 7,451 Total non-covered loans 1,597,564 41,962 45,654 646 65 1,685,891 Covered loans Commercial loans Construction, development, and other land 3,671 1,281 1,177 — — 6,129 Commercial and industrial 998 — 22 — — 1,020 Multi-family residential — — 100 — — 100 Single family non-owner occupied 1,458 371 429 — — 2,258 Non-farm, non-residential 8,066 1,399 2,974 — — 12,439 Agricultural 34 — — — — 34 Farmland 356 — 276 — — 632 Consumer real estate loans Home equity lines 17,021 27,995 729 — — 45,745 Single family owner occupied 4,440 1,945 1,452 — — 7,837 Owner occupied construction 111 53 98 — — 262 Consumer and other loans Consumer loans 82 — — — — 82 Total covered loans 36,237 33,044 7,257 — — 76,538 Total loans $ 1,633,801 $ 75,006 $ 52,911 $ 646 $ 65 $ 1,762,429 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 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 table presents the recorded investment, unpaid principal balance, and related allowance for loan losses for loans considered to be impaired, excluding PCI loans, as of the periods indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Recorded Unpaid Related Recorded Unpaid Related Impaired loans with no related allowance Commercial loans Single family non-owner occupied $ 781 $ 782 $ — $ 782 $ 783 $ — Non-farm, non-residential 7,983 7,983 — 8,427 8,427 — Consumer real estate loans Single family owner occupied 597 654 — 1,975 2,067 — Total impaired loans with no allowance 9,361 9,419 — 11,184 11,277 — Impaired loans with a related allowance Commercial loans Single family non-owner occupied 356 356 18 619 623 124 Non-farm, non-residential 5,348 5,361 1,529 5,667 5,673 1,568 Consumer real estate loans Single family owner occupied 4,962 5,013 771 4,899 4,907 672 Owner occupied construction 346 354 3 349 355 7 Total impaired loans with an allowance 11,012 11,084 2,321 11,534 11,558 2,371 Total impaired loans $ 20,373 $ 20,503 $ 2,321 $ 22,718 $ 22,835 $ 2,371 The following table presents the average recorded investment and interest income recognized on impaired loans, excluding PCI loans, in the periods indicated: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Average Interest Average Interest Impaired loans with no related allowance Commercial loans Single family non-owner occupied $ 779 $ 8 $ 459 $ 9 Non-farm, non-residential 7,990 69 8,792 83 Consumer real estate loans Single family owner occupied 603 — 3,640 18 Total impaired loans with no allowance 9,372 77 12,891 110 Impaired loans with a related allowance Commercial loans Single family non-owner occupied 358 7 361 7 Non-farm, non-residential 5,358 88 4,064 78 Consumer real estate loans Single family owner occupied 4,961 38 2,374 18 Owner occupied construction 346 — — — Total impaired loans with an allowance 11,023 133 6,799 103 Total impaired loans $ 20,395 $ 210 $ 19,690 $ 213 The Company determined that two PCI loan pools were impaired as of March 31, 2016, compared to two as of December 31, 2015. The following tables present additional information related to the impaired PCI loan pools as of the dates, and in the periods, indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Unpaid principal balance $ 3,664 $ 3,759 Recorded investment 2,747 2,834 Allowance for loan losses related to PCI loan pools 24 54 Three Months Ended March 31, 2016 2015 (Amounts in thousands) Interest income recognized $ 83 $ 90 Average recorded investment 2,791 3,895 The Company generally places a loan on nonaccrual status when it is 90 days or more past due. PCI loans are generally not classified as nonaccrual due to the accrual of interest income under the accretion method of accounting. The following table presents nonaccrual loans, by loan class, as of the dates indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Non-covered Covered Total Non-covered Covered Total Commercial loans Construction, development, and other land $ 104 $ 49 $ 153 $ 39 $ 54 $ 93 Commercial and industrial 96 16 112 — 16 16 Multi-family residential 67 — 67 84 — 84 Single family non-owner occupied 1,091 27 1,118 1,850 29 1,879 Non-farm, non-residential 6,450 1,466 7,916 7,150 39 7,189 Farmland 144 — 144 234 — 234 Consumer real estate loans Home equity lines 925 307 1,232 825 413 1,238 Single family owner occupied 6,939 90 7,029 7,245 96 7,341 Owner occupied construction 346 — 346 349 — 349 Consumer and other loans Consumer loans 34 — 34 71 — 71 Total nonaccrual loans $ 16,196 $ 1,955 $ 18,151 $ 17,847 $ 647 $ 18,494 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. Loans acquired with credit deterioration, with a discount, continue to accrue interest based on expected cash flows; therefore, PCI loans are not generally considered nonaccrual. Non-covered accruing loans contractually past due 90 days or more totaled $243 thousand as of March 31, 2016. There were no non-covered accruing loans contractually past due 90 days or more as of December 31, 2015. March 31, 2016 (Amounts in thousands) 30 - 59 Days 60 - 89 Days 90+ Days Total Current Total Loans Non-covered loans Commercial loans Construction, development, and other land $ 10 $ 16 $ 85 $ 111 $ 52,419 $ 52,529 Commercial and industrial 28 147 — 175 92,222 92,397 Multi-family residential 74 67 — 141 111,247 111,388 Single family non-owner occupied 615 235 538 1,388 150,207 151,595 Non-farm, non-residential 11 544 4,861 5,416 516,055 521,471 Agricultural — — — — 3,650 3,650 Farmland 108 — 68 176 26,837 27,013 Consumer real estate loans Home equity lines 294 163 726 1,183 105,261 106,444 Single family owner occupied 4,602 1,618 2,685 8,905 488,625 497,530 Owner occupied construction 346 — — 346 40,546 40,892 Consumer and other loans Consumer loans 320 82 6 408 73,123 73,531 Other — — — — 7,451 7,451 Total non-covered loans 6,408 2,872 8,969 18,249 1,667,642 1,685,891 Covered loans Commercial loans Construction, development, and other land 48 94 37 179 5,950 6,129 Commercial and industrial — — 16 16 1,004 1,020 Multi-family residential — — — — 100 100 Single family non-owner occupied — — — — 2,258 2,258 Non-farm, non-residential — — 1,466 1,466 10,973 12,439 Agricultural — — — — 34 34 Farmland — — — — 632 632 Consumer real estate loans Home equity lines 274 142 129 545 45,200 45,745 Single family owner occupied 60 124 — 184 7,653 7,837 Owner occupied construction — — — — 262 262 Consumer and other loans Consumer loans — — — — 82 82 Total covered loans 382 360 1,648 2,390 74,148 76,538 Total loans $ 6,790 $ 3,232 $ 10,617 $ 20,639 $ 1,741,790 $ 1,762,429 December 31, 2015 (Amounts in thousands) 30 - 59 Days 60 - 89 Days 90+ Days Total Current Total Loans 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 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. Restructured loans under $250 thousand are subject to the reserve calculation at the historical loss rate for classified loans. Certain troubled debt restructurings (“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. PCI loans 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 March 31, 2016, or December 31, 2015. The following table presents loans modified as TDRs, by loan class, segregated by accrual status, as of the dates indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Nonaccrual (1) Accrual Total Nonaccrual (1) Accrual Total Commercial loans Single family non-owner occupied $ 41 $ 901 $ 942 $ 130 $ 820 $ 950 Non-farm, non-residential — 4,558 4,558 — 4,600 4,600 Consumer real estate loans Home equity lines 123 42 165 127 43 170 Single family owner occupied 692 7,890 8,582 733 8,256 8,989 Owner occupied construction 346 241 587 349 243 592 Total TDRs $ 1,202 $ 13,632 $ 14,834 $ 1,339 $ 13,962 $ 15,301 Allowance for loan losses related to TDRs $ 590 $ 590 (1) Nonaccrual TDRs are included in total nonaccrual loans disclosed in the nonaccrual table above. The following table presents interest income recognized on TDRs in the periods indicated: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Interest income recognized $ 78 $ 148 There were no loans modified as TDRs during the three months ended March 31, 2016, or March 31, 2015. There were no loans modified as TDRs, within the previous 12 months, with a payment default during the three months ended March 31, 2016, or March 31, 2015. The following table presents information related to other real estate owned (“OREO”), which consists of properties acquired through foreclosure, as of the dates indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Non-covered OREO $ 5,313 $ 4,873 Covered OREO 2,279 4,034 Total OREO $ 7,592 $ 8,907 Non-covered OREO secured by residential real estate $ 2,669 $ 2,677 Residential real estate loans in the foreclosure process (1) 1,609 2,727 (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	3 Months Ended
	Mar. 31, 2016
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, which 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. Loans acquired in business combinations that are deemed impaired at acquisition are grouped into pools and evaluated separately from the non-PCI portfolio. The PCI loan provision is 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 is available for use against any loan loss management deems appropriate, excluding reserves allocated to specific loans and PCI loan pools. As of March 31, 2016, management believed the allowance was adequate to absorb probable loan losses inherent in the loan portfolio. The following tables present the activity in the allowance for loan losses, by loan segment, in the periods indicated: Three Months Ended March 31, 2016 (Amounts in thousands) Commercial Consumer Real Consumer and Total Allowance Allowance, excluding PCI Beginning balance $ 13,133 $ 6,356 $ 690 $ 20,179 Provision for loan losses charged to operations 308 774 144 1,226 Charge-offs (284 ) (690 ) (254 ) (1,141 ) Recoveries 113 30 123 179 Net charge-offs (171 ) (660 ) (131 ) (962 ) Ending balance $ 13,270 $ 6,470 $ 703 $ 20,443 PCI allowance Beginning balance $ — $ 54 $ — $ 54 Recovery of loan losses — (30 ) — (30 ) Benefit attributable to the FDIC indemnification asset — (9 ) — (9 ) Recovery of loan losses charged to operations — (39 ) — (39 ) Provision for loan losses recorded through the FDIC indemnification asset — 9 — 9 Ending balance $ — $ 24 $ — $ 24 Total allowance Beginning balance $ 13,133 $ 6,410 $ 690 $ 20,233 Provision for loan losses 308 744 144 1,196 Benefit attributable to the FDIC indemnification asset — (9 ) — (9 ) Provision for loan losses charged to operations 308 735 144 1,187 Provision for loan losses recorded through the FDIC indemnification asset — 9 — 9 Charge-offs (284 ) (690 ) (254 ) (1,141 ) Recoveries 113 30 123 179 Net charge-offs (171 ) (660 ) (131 ) (962 ) Ending balance $ 13,270 $ 6,494 $ 703 $ 20,467 Three Months Ended March 31, 2015 (Amounts in thousands) Commercial Consumer Real Consumer and Total Allowance Allowance, excluding PCI Beginning balance $ 13,010 $ 6,489 $ 670 $ 20,169 Provision for loan losses charged to operations 650 215 225 1,090 Charge-offs (681 ) (402 ) (495 ) (1,578 ) Recoveries 75 144 238 457 Net charge-offs (606 ) (258 ) (257 ) (1,121 ) Ending balance $ 13,054 $ 6,446 $ 638 $ 20,138 PCI allowance Beginning balance $ 37 $ 21 $ — $ 58 (Recovery of) provision for loan losses (37 ) 93 — 56 Benefit attributable to the FDIC indemnification asset 29 (75 ) — (46 ) (Recovery of) provision for loan losses charged to operations (8 ) 18 — 10 (Recovery of) provision for loan losses recorded through the FDIC indemnification asset (29 ) 75 — 46 Ending balance $ — $ 114 $ — $ 114 Total allowance Beginning balance $ 13,047 $ 6,510 $ 670 $ 20,227 Provision for loan losses 613 308 225 1,146 Benefit attributable to the FDIC indemnification asset 29 (75 ) — (46 ) Provision for loan losses charged to operations 642 233 225 1,100 (Recovery of) provision for loan losses recorded through the FDIC indemnification asset (29 ) 75 — 46 Charge-offs (681 ) (402 ) (495 ) (1,578 ) Recoveries 75 144 238 457 Net charge-offs (606 ) (258 ) (257 ) (1,121 ) Ending balance $ 13,054 $ 6,560 $ 638 $ 20,252 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: March 31, 2016 (Amounts in thousands) Loans Individually Allowance for Loans Loans Collectively Allowance for Loans Commercial loans Construction, development, and other land $ — $ — $ 56,847 $ 1,125 Commercial and industrial — — 93,251 510 Multi-family residential — — 111,388 1,585 Single family non-owner occupied 1,137 18 149,359 3,194 Non-farm, non-residential 13,331 1,529 513,781 5,097 Agricultural — — 3,684 28 Farmland — — 27,645 184 Total commercial loans 14,468 1,547 955,955 11,723 Consumer real estate loans Home equity lines — — 124,785 1,131 Single family owner occupied 5,559 771 498,696 4,293 Owner occupied construction 346 3 40,712 272 Total consumer real estate loans 5,905 774 664,193 5,696 Consumer and other loans Consumer loans — — 73,613 703 Other — — 7,451 — Total consumer and other loans — — 81,064 703 Total loans, excluding PCI loans $ 20,373 $ 2,321 $ 1,701,212 $ 18,122 December 31, 2015 (Amounts in thousands) Loans Individually Allowance for Loans Loans Collectively Allowance for Loans 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 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: March 31, 2016 December 31, 2015 (Amounts in thousands) Recorded Allowance for Loan Recorded Allowance for Loan Commercial loans Waccamaw commercial $ 3,732 $ — $ 3,788 $ — Peoples commercial 5,734 — 5,525 — Other 1,227 — 1,254 — Total commercial loans 10,693 — 10,567 — Consumer real estate loans Waccamaw serviced home equity lines 27,404 — 29,241 — Waccamaw residential 1,609 12 1,678 1 Peoples residential 1,138 12 1,156 53 Total consumer real estate loans 30,151 24 32,075 54 Total PCI loans $ 40,844 $ 24 $ 42,642 $ 54

FDIC Indemnification Asset

FDIC Indemnification Asset	3 Months Ended
	Mar. 31, 2016
FDIC Indemnification Asset	Note 7. FDIC Indemnification Asset In connection with the FDIC-assisted acquisition of Waccamaw Bank (“Waccamaw”) in 2012, the Company entered into loss share agreements with the FDIC that covered $76.54 million of loans and $2.28 million of OREO as of March 31, 2016, and covered $83.04 million of loans and $4.03 million of OREO at December 31, 2015. Under the loss share agreements, the FDIC agrees to cover 80% of most loan and foreclosed real estate losses and reimburse certain expenses incurred in relation to these covered assets. The Company’s consolidated statements of income include the expense on covered assets net of estimated reimbursements. The indemnification asset represents the estimated amount the Company expects to receive from the FDIC for losses incurred on covered assets. The following table presents activity in the FDIC indemnification asset in the periods indicated: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Beginning balance $ 20,844 $ 27,900 Increase in estimated losses on covered loans 9 46 Increase in estimated losses on covered OREO 273 69 Reimbursable expenses from the FDIC 7 291 Net amortization (1,159 ) (1,565 ) Reimbursements from the FDIC (1,187 ) (688 ) Ending balance $ 18,787 $ 26,053

Deposits

Deposits	3 Months Ended
	Mar. 31, 2016
Deposits	Note 8. Deposits The following table presents the components of deposits as of the dates indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Noninterest-bearing demand deposits $ 453,336 $ 451,511 Interest-bearing deposits Interest-bearing demand deposits 344,153 347,705 Money market accounts 226,509 213,982 Savings deposits 327,574 316,603 Certificates of deposit 391,218 408,519 Individual retirement accounts 131,875 134,939 Total interest-bearing deposits 1,421,329 1,421,748 Total deposits $ 1,874,665 $ 1,873,259

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2016
Borrowings	Note 9. Borrowings The following table presents the composition of borrowings as of the dates indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Balance Weighted (1) Balance Weighted (1) Federal funds purchased $ 18,000 0.51 % $ — 0.34 % Securities sold under agreements to repurchase Retail 84,661 0.07 % 88,614 0.13 % Wholesale 50,000 3.71 % 50,000 3.71 % Total securities sold under agreements to repurchase 134,661 138,614 FHLB borrowings Advances 65,000 65,000 Total FHLB borrowings 65,000 4.04 % 65,000 4.04 % Subordinated debt 15,464 15,464 Other debt 292 292 Total borrowings $ 233,417 $ 219,370 (1) Weighted average contractual rate The following schedule presents the remaining contractual maturities of repurchase agreements, by type of collateral pledged, as of March 31, 2016: Overnight and Up to 30 Days 30-90 Days Greater Than 90 Total (Amounts in thousands) U.S. Agency securities $ 69,754 $ — $ — $ — $ 69,754 Municipal securities — — — 1,447 1,447 Mortgage-backed Agency securities 12,494 174 285 50,507 63,460 Total repurchase agreements $ 82,248 $ 174 $ 285 $ 51,954 $ 134,661 Securities underlying retail repurchase agreements remain under the Company’s control during the terms of the agreements. 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 following schedule presents the contractual maturities of wholesale repurchase agreements and Federal Home Loan Bank (“FHLB”) borrowings, by year, as of March 31, 2016: Wholesale Repurchase FHLB Borrowings Total (Amounts in thousands) 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) 1.83 3.92 3.01 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 is required to pledge qualifying collateral to secure FHLB advances and letters of credit. As of March 31, 2016, FHLB borrowings were secured by qualifying loans that totaled $876.77 million. As of March 31, 2016, the Company provided for FHLB letters of credit to collateralize public unit deposits totaling $22.69 million. Unused borrowing capacity with the FHLB, net of FHLB letters of credit, totaled $382.36 million as of March 31, 2016. 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 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 March 31, 2016, and December 31, 2015. The Company maintains a $15.00 million unsecured, committed line of credit with an unrelated financial institution with an interest rate of one-month LIBOR plus 2.00% and an April 2016 maturity. There was no outstanding balance on the line as of March 31, 2016, or December 31, 2015.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities	Note 10. 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 March 31, 2016, 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 swaps The Company’s interest rate swaps include a fourteen-year, $1.20 million notional interest rate swap agreement entered into in March 2015 and a fifteen-year, $4.37 million notional interest rate swap agreement entered into in February 2014. 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 March 31, 2016. 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: March 31, 2016 December 31, 2015 (Amounts in thousands) Notional or Derivative Derivative Notional or Derivative Derivative Derivatives designated as hedges Interest rate swaps $ 5,429 $ — $ 416 $ 5,335 $ — $ 251 Total derivatives $ 5,429 $ — $ 416 $ 5,335 $ — $ 251 The following table presents the effect of the Company’s derivative and hedging activity, if applicable, on the consolidated statements of income in the periods indicated: Three Months Ended March 31, Income Statement Location (Amounts in thousands) 2016 2015 Derivatives designated as hedges Interest rate swaps $ 28 $ 26 Interest and fees on loans Total derivative expense $ 28 $ 26

Employee Benefit Plans

Employee Benefit Plans	3 Months Ended
	Mar. 31, 2016
Employee Benefit Plans	Note 11. Employee Benefit Plans The Company maintains the Supplemental Executive Retention Plan (“SERP”) for key members of senior management. The following table presents the components of the SERP’s net periodic pension cost in the periods indicated: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Service cost $ 36 $ 33 Interest cost 79 70 Amortization of prior service cost 47 47 Amortization of losses 5 2 Net periodic cost $ 167 $ 152 The Company maintains the Directors’ Supplemental Retirement Plan (the “Directors’ Plan”) for non-management directors. The following table presents the components of the Directors’ Plan’s net periodic pension cost in the periods indicated: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Service cost $ 11 $ 12 Interest cost 17 13 Amortization of prior service cost 10 18 Amortization of losses 9 15 Net periodic cost $ 47 $ 58

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2016
Accumulated Other Comprehensive Income	Note 12. Accumulated Other Comprehensive Income The following tables present the activity in accumulated other comprehensive income (“AOCI”), net of tax, by component for the periods indicated: Three Months Ended March 31, 2016 Unrealized Gains Employee Benefit Plans Total (Amounts in thousands) Beginning balance $ (3,885 ) $ (1,362 ) $ (5,247 ) Other comprehensive loss before reclassifications (451 ) (78 ) (529 ) Reclassified from AOCI (1 ) 44 43 Net comprehensive loss (452 ) (34 ) (486 ) Ending balance $ (4,337 ) $ (1,396 ) $ (5,733 ) Three Months Ended March 31, 2015 Unrealized Gains Employee Benefit Plan Total (Amounts in thousands) Beginning balance $ (4,266 ) $ (1,339 ) $ (5,605 ) Other comprehensive gain (loss) before reclassifications 1,011 (62 ) 949 Reclassified from AOCI 14 51 65 Net comprehensive gain (loss) 1,025 (11 ) 1,014 Ending balance $ (3,241 ) $ (1,350 ) $ (4,591 ) The following table presents reclassifications out of AOCI by component in the periods indicated: Three Months Ended March 31, Income Statement Line Item Affected (Amounts in thousands) 2016 2015 Available-for-sale securities Gains (losses) recognized 1 (23 ) Net gain (loss) on sale of securities Credit-related OTTI recognized — — Net impairment losses recognized in earnings Reclassified from AOCI, before tax 1 (23 ) Income before income taxes Income tax effect — 9 Income tax expense Reclassified from AOCI, before tax 1 (14 ) Net income Employee benefit plans Amortization of prior service cost (57 ) (65 ) (1) Amortization of net actuarial benefit cost (14 ) (17 ) (1) Reclassified from AOCI, before tax (71 ) (82 ) Income before income taxes Income tax effect 27 31 Income tax expense Reclassified from AOCI, net of tax (44 ) (51 ) Net income Total reclassified from AOCI, net of tax $ (43 ) $ (65 ) Net income (1) Amortization is included in net periodic pension cost. See Note 10, “Employee Benefit Plans.”

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2016
Fair Value	Note 13. 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 “Significant Accounting Policies” in Note 1, “Basis of Presentation,” to the Condensed 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: March 31, 2016 Total Fair Value Fair Value Measurements Using (Amounts in thousands) Level 1 Level 2 Level 3 Available-for-sale securities U.S. Agency securities $ 30,569 $ — $ 30,569 $ — Municipal securities 127,845 — 127,845 — Single issue trust preferred securities 44,088 — 44,088 — Corporate securities 70,251 — 70,251 — Agency MBS 65,644 — 65,644 — Equity securities 72 54 18 — Total available-for-sale securities 338,469 54 338,415 — Fair value loans 4,643 — 4,643 — Deferred compensation assets 3,676 3,676 — — Deferred compensation liabilities 3,676 3,676 — — Derivative liabilities Interest rate swaps 416 — 416 — Total derivative liabilities 416 — 416 — 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 — There were no changes in valuation techniques during the three months ended March 31, 2016 or 2015. 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 three months ended March 31, 2016 or 2015. 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: March 31, 2016 Total Fair Value Fair Value Measurements Using Level 1 Level 2 Level 3 (Amounts in thousands) Impaired loans, non-covered $ 8,239 $ — $ — $ 8,239 OREO, non-covered 3,484 — — 3,484 OREO, covered 616 — — 616 December 31, 2015 Total Fair Value Fair Value Measurements Using Level 1 Level 2 Level 3 (Amounts in thousands) Impaired loans, non-covered $ 9,164 $ — $ — $ 9,164 OREO, non-covered 4,819 — — 4,819 OREO, covered 4,034 — — 4,034 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 Unobservable Discount Range (Weighted Average) Technique Input March 31, 2016 December 31, 2015 Impaired loans, non-covered Discounted appraisals (1) Appraisal adjustments (2) 1% to 35% (21%) 1% to 39% (21%) OREO, non-covered Discounted appraisals (1) Appraisal adjustments (2) 3% to 86% (28%) 1% to 100% (33%) OREO, covered Discounted appraisals (1) Appraisal adjustments (2) 0% to 55% (55%) 21% to 65% (46%) (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 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 amounts and fair values of the Company’s financial instruments, segregated by the level of valuation inputs in the fair value hierarchy, as of the dates indicated: March 31, 2016 Carrying Fair Value Measurements Using (Amounts in thousands) Amount Fair Value Level 1 Level 2 Level 3 Assets Cash and cash equivalents $ 39,587 $ 39,587 $ 39,587 $ — $ — Securities available for sale 338,469 338,469 54 338,415 — Securities held to maturity 72,485 72,943 — 72,943 — Loans held for investment, net of allowance 1,741,962 1,762,447 — 4,643 1,757,804 FDIC indemnification asset 18,787 10,276 — — 10,276 Interest receivable 5,968 5,968 — 5,968 — Deferred compensation assets 3,676 3,676 3,676 — — Liabilities Demand deposits 453,336 453,336 — 453,336 — Interest-bearing demand deposits 344,153 344,153 — 344,153 — Savings deposits 554,083 554,083 — 554,083 — Time deposits 523,093 523,600 — 523,600 — Federal funds purchased 18,000 18,000 18,000 — — Securities sold under agreements to repurchase 134,661 136,985 — 136,985 — Interest payable 1,236 1,236 — 1,236 — FHLB and other borrowings 80,756 86,908 — 86,908 — Derivative financial liabilities 416 416 — 416 — Deferred compensation liabilities 3,676 3,676 3,676 — — Assets Cash and cash equivalents $ 51,787 $ 51,787 $ 51,787 $ — $ — Securities available for sale 366,173 366,173 54 366,119 — Securities held to maturity 72,541 72,490 — 72,490 — Loans held for investment, net of allowance 1,686,308 1,685,061 — 4,886 1,680,175 FDIC indemnification asset 20,844 10,753 — — 10,753 Interest receivable 6,007 6,007 — 6,007 — 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 — 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 — —

Litigation, Commitments and Con

Litigation, Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Litigation, Commitments and Contingencies	Note 14. 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: March 31, 2016 December 31, 2015 (Amounts in thousands) Commitments to extend credit $ 242,581 $ 235,302 Standby letters of credit and financial guarantees 7,556 7,765 Total off-balance sheet risk 250,137 243,067 Reserve for unfunded commitments $ 326 $ 326 The Company provided for letters of credit with the FHLB totaling $22.69 million as of March 31, 2016, and December 31, 2015. The 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.

Earnings per Share

Earnings per Share	3 Months Ended
	Mar. 31, 2016
Earnings per Share	Note 15. Earnings per 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, non-vested 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: Three Months Ended March 31, 2016 2015 (Amounts in thousands, except share and per share data) Net income $ 6,084 $ 5,958 Dividends on preferred stock — 105 Net income available to common shareholders $ 6,084 $ 5,853 Weighted average common shares outstanding, basic 17,859,197 18,633,574 Dilutive effect of potential common shares Stock options 27,159 21,159 Restricted stock 6,175 1,256 Convertible preferred stock — 677,043 Contingently issuable shares — 11,411 Total dilutive effect of potential common shares 33,334 710,869 Weighted average common shares outstanding, diluted 17,892,531 19,344,443 Basic earnings per common share $ 0.34 $ 0.31 Diluted earnings per common share 0.34 0.31 Antidilutive potential common shares Stock options 119,727 136,382 Restricted stock 28,617 — Total potential antidilutive shares 148,344 136,382 During the first quarter of 2015, the Company redeemed all outstanding shares of its 6% Series A Noncumulative Convertible Preferred Stock (“Series A Preferred Stock”). 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.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2016
Significant Accounting Policies	Significant Accounting Policies A complete and detailed description of the Company’s significant accounting policies is included in Note 1, “Summary of Significant Accounting Policies,” of the Notes to Consolidated Financial Statements in Part II, Item 8 of the Company’s 2015 Form 10-K. A discussion of the Company’s application of critical accounting estimates is included in “Critical Accounting Estimates” in Item 2 of this report.
Reclassifications and Corrections	Reclassifications and Corrections 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.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-09, “Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” The new guidance is intended to simplify several aspects of the accounting for share-based payment award transactions including income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This ASU is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact that the new standard will have on its financial position, results of operations, and cash flows and does not expect this guidance to have a material effect on its financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” The new guidance is intended to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and requiring more disclosures related to leasing transactions. This ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact that the new standard will have on its financial position, results of operations, and cash flows and does not expect this guidance to have a material effect on its financial statements. Other accounting standards that have been issued by the FASB or other standards-setting bodies are not expected to have a material impact on the consolidated financial statements upon adoption.

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2016
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: March 31, 2016 Amortized Unrealized Unrealized Fair Value (Amounts in thousands) U.S. Agency securities $ 30,737 $ 89 $ (257 ) $ 30,569 Municipal securities 122,587 5,317 (59 ) 127,845 Single issue trust preferred securities 55,897 — (11,809 ) 44,088 Corporate securities 70,343 — (92 ) 70,251 Mortgage-backed Agency securities 65,778 282 (416 ) 65,644 Equity securities 66 6 — 72 Total securities available for sale $ 345,408 $ 5,694 $ (12,633 ) $ 338,469 December 31, 2015 Amortized Unrealized Unrealized Fair Value (Amounts in thousands) 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 securities available for sale $ 372,389 $ 4,355 $ (10,571 ) $ 366,173
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: March 31, 2016 Amortized Unrealized Unrealized Fair (Amounts in thousands) U.S. Agency securities $ 61,831 $ 374 $ (8 ) $ 62,197 Municipal securities 190 1 — 191 Corporate securities 10,464 91 — 10,555 Total securities held for investment $ 72,485 $ 466 $ (8 ) $ 72,943 December 31, 2015 Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Amounts in thousands) U.S. Agency securities $ 61,863 $ 75 $ (106 ) $ 61,832 Municipal securities 190 3 — 193 Corporate securities 10,488 — (23 ) 10,465 Total securities held for investment $ 72,541 $ 78 $ (129 ) $ 72,490
Amortized Cost and Aggregate Fair Value of Available-for-Sale and Held-to-Maturity Securities	The following table presents the amortized cost and aggregate fair value of available-for-sale securities and held-to-maturity securities, by contractual maturity, as of March 31, 2016. 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) Amortized Fair Value Available-for-sale securities Due within one year $ 71,929 $ 71,856 Due after one year but within five years 2,623 2,663 Due after five years but within ten years 88,169 92,622 Due after ten years 116,843 105,612 279,564 272,753 Mortgage-backed securities 65,778 65,644 Equity securities 66 72 Total securities available for sale $ 345,408 $ 338,469 Held-to-maturity securities Due within one year $ 25,232 $ 25,231 Due after one year but within five years 47,253 47,712 Due after five years but within ten years — — Due after ten years — — Total securities held to maturity $ 72,485 $ 72,943
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: March 31, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Amounts in thousands) U.S. Agency securities $ 1,418 $ (1 ) $ 23,809 $ (256 ) $ 25,227 $ (257 ) Municipal securities 395 (1 ) 3,239 (58 ) 3,634 (59 ) Single issue trust preferred securities — — 44,088 (11,809 ) 44,088 (11,809 ) Corporate securities 60,210 (84 ) 10,041 (8 ) 70,251 (92 ) Mortgage-backed Agency securities 5,020 (22 ) 37,329 (394 ) 42,349 (416 ) Total $ 67,043 $ (108 ) $ 118,506 $ (12,525 ) $ 185,549 $ (12,633 ) December 31, 2015 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Amounts in thousands) 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 )
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 dates indicated. March 31, 2016 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Amounts in thousands) U.S. Agency securities $ 13,749 $ (8 ) $ — $ — $ 13,749 $ (8 ) Total $ 13,749 $ (8 ) $ — $ — $ 13,749 $ (8 ) December 31, 2015 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Amounts in thousands) 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 )
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: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Gross realized gains $ 132 $ 15 Gross realized losses (131 ) (38 ) Net gain (loss) on sale of securities $ 1 $ (23 )

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2016
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: March 31, 2016 December 31, 2015 (Amounts in thousands) Amount Percent Amount Percent Non-covered loans held for investment Commercial loans Construction, development, and other land $ 52,529 2.98 % $ 48,896 2.86 % Commercial and industrial 92,397 5.24 % 88,903 5.21 % Multi-family residential 111,388 6.32 % 95,026 5.57 % Single family non-owner occupied 151,595 8.60 % 149,351 8.75 % Non-farm, non-residential 521,471 29.59 % 485,460 28.45 % Agricultural 3,650 0.21 % 2,911 0.17 % Farmland 27,013 1.53 % 27,540 1.61 % Total commercial loans 960,043 54.47 % 898,087 52.62 % Consumer real estate loans Home equity lines 106,444 6.04 % 107,367 6.29 % Single family owner occupied 497,530 28.23 % 495,209 29.02 % Owner occupied construction 40,892 2.32 % 43,505 2.55 % Total consumer real estate loans 644,866 36.59 % 646,081 37.86 % Consumer and other loans Consumer loans 73,531 4.17 % 72,000 4.22 % Other 7,451 0.43 % 7,338 0.43 % Total consumer and other loans 80,982 4.60 % 79,338 4.65 % Total non-covered loans 1,685,891 95.66 % 1,623,506 95.13 % Total covered loans 76,538 4.34 % 83,035 4.87 % Total loans held for investment, net of unearned income $ 1,762,429 100.00 % $ 1,706,541 100.00 %
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: March 31, 2016 December 31, 2015 (Amounts in thousands) Commercial loans Construction, development, and other land $ 6,129 $ 6,303 Commercial and industrial 1,020 1,170 Multi-family residential 100 640 Single family non-owner occupied 2,258 2,674 Non-farm, non-residential 12,439 14,065 Agricultural 34 34 Farmland 632 643 Total commercial loans 22,612 25,529 Consumer real estate loans Home equity lines 45,745 48,565 Single family owner occupied 7,837 8,595 Owner occupied construction 262 262 Total consumer real estate loans 53,844 57,422 Consumer and other loans Consumer loans 82 84 Total covered loans $ 76,538 $ 83,035
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: March 31, 2016 December 31, 2015 Carrying Balance Unpaid Principal Carrying Balance Unpaid Principal (Amounts in thousands) Peoples Bank of Virginia $ 6,872 $ 11,108 $ 6,681 $ 11,249 Waccamaw Bank 32,745 58,544 34,707 63,151 Other acquired 1,227 1,270 1,254 1,297 Total PCI Loans $ 40,844 $ 70,922 $ 42,642 $ 75,697
Activity in Accretable Yield Related to PCI loans, by Acquisition	The following tables present the activity in the accretable yield related to PCI loans, by acquisition, in the periods indicated: Three Months Ended March 31, 2016 Peoples Waccamaw Other Total (Amounts in thousands) Beginning balance $ 3,589 $ 26,109 $ — $ 29,698 Accretion (459 ) (1,484 ) — (1,943 ) Reclassifications from nonaccretable difference (221 ) (272 ) — (493 ) Removals, extensions, and other events, net 1,724 598 — 2,322 Ending balance $ 4,633 $ 24,951 $ — $ 29,584 Three Months Ended March 31, 2015 Peoples Waccamaw Other Total (Amounts in thousands) Beginning balance $ 4,745 $ 19,048 $ — $ 23,793 Additions — 2 — 2 Accretion (630 ) (1,602 ) — (2,232 ) Reclassifications from nonaccretable difference 1,106 2,445 — 3,551 Removals, extensions, and other events, net (735 ) (439 ) — (1,174 ) Ending balance $ 4,486 $ 19,454 $ — $ 23,940

Credit Quality (Tables)

Credit Quality (Tables)	3 Months Ended
	Mar. 31, 2016
Loans Held for Investment by Internal Credit Risk Grade	The following tables present the recorded investment of the Company’s loan portfolio, disaggregated by class and credit quality, as of the dates indicated. Losses on covered loans are generally reimbursable by the FDIC at the applicable loss share percentage, 80%; therefore, covered loans are disclosed separately. March 31, 2016 (Amounts in thousands) Pass Special Substandard Doubtful Loss Total Non-covered loans Commercial loans Construction, development, and other land $ 50,378 $ 883 $ 1,268 $ — $ — $ 52,529 Commercial and industrial 89,978 650 1,766 3 — 92,397 Multi-family residential 97,630 12,899 859 — — 111,388 Single family non-owner occupied 141,932 4,189 5,474 — — 151,595 Non-farm, non-residential 492,801 14,247 13,780 643 — 521,471 Agricultural 3,599 51 — — — 3,650 Farmland 25,453 1,392 168 — — 27,013 Consumer real estate loans Home equity lines 103,764 1,076 1,604 — — 106,444 Single family owner occupied 471,097 6,530 19,838 — 65 497,530 Owner occupied construction 40,175 — 717 — — 40,892 Consumer and other loans Consumer loans 73,306 45 180 — — 73,531 Other 7,451 — — — — 7,451 Total non-covered loans 1,597,564 41,962 45,654 646 65 1,685,891 Covered loans Commercial loans Construction, development, and other land 3,671 1,281 1,177 — — 6,129 Commercial and industrial 998 — 22 — — 1,020 Multi-family residential — — 100 — — 100 Single family non-owner occupied 1,458 371 429 — — 2,258 Non-farm, non-residential 8,066 1,399 2,974 — — 12,439 Agricultural 34 — — — — 34 Farmland 356 — 276 — — 632 Consumer real estate loans Home equity lines 17,021 27,995 729 — — 45,745 Single family owner occupied 4,440 1,945 1,452 — — 7,837 Owner occupied construction 111 53 98 — — 262 Consumer and other loans Consumer loans 82 — — — — 82 Total covered loans 36,237 33,044 7,257 — — 76,538 Total loans $ 1,633,801 $ 75,006 $ 52,911 $ 646 $ 65 $ 1,762,429 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
Recorded Investment Unpaid Principal Balance and Related Information for Loans Considered to be Impaired Excluding Purchased Credit Impaired Loans	The following table presents the recorded investment, unpaid principal balance, and related allowance for loan losses for loans considered to be impaired, excluding PCI loans, as of the periods indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Recorded Unpaid Related Recorded Unpaid Related Impaired loans with no related allowance Commercial loans Single family non-owner occupied $ 781 $ 782 $ — $ 782 $ 783 $ — Non-farm, non-residential 7,983 7,983 — 8,427 8,427 — Consumer real estate loans Single family owner occupied 597 654 — 1,975 2,067 — Total impaired loans with no allowance 9,361 9,419 — 11,184 11,277 — Impaired loans with a related allowance Commercial loans Single family non-owner occupied 356 356 18 619 623 124 Non-farm, non-residential 5,348 5,361 1,529 5,667 5,673 1,568 Consumer real estate loans Single family owner occupied 4,962 5,013 771 4,899 4,907 672 Owner occupied construction 346 354 3 349 355 7 Total impaired loans with an allowance 11,012 11,084 2,321 11,534 11,558 2,371 Total impaired loans $ 20,373 $ 20,503 $ 2,321 $ 22,718 $ 22,835 $ 2,371
Average Annual Recorded Investment and Interest Income Recognized on Impaired Loans Excluding Purchased Credit Impaired Loans	The following table presents the average recorded investment and interest income recognized on impaired loans, excluding PCI loans, in the periods indicated: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Average Interest Average Interest Impaired loans with no related allowance Commercial loans Single family non-owner occupied $ 779 $ 8 $ 459 $ 9 Non-farm, non-residential 7,990 69 8,792 83 Consumer real estate loans Single family owner occupied 603 — 3,640 18 Total impaired loans with no allowance 9,372 77 12,891 110 Impaired loans with a related allowance Commercial loans Single family non-owner occupied 358 7 361 7 Non-farm, non-residential 5,358 88 4,064 78 Consumer real estate loans Single family owner occupied 4,961 38 2,374 18 Owner occupied construction 346 — — — Total impaired loans with an allowance 11,023 133 6,799 103 Total impaired loans $ 20,395 $ 210 $ 19,690 $ 213
Additional Information Related to the Impaired PCI Loan Pools	The following tables present additional information related to the impaired PCI loan pools as of the dates, and in the periods, indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Unpaid principal balance $ 3,664 $ 3,759 Recorded investment 2,747 2,834 Allowance for loan losses related to PCI loan pools 24 54 Three Months Ended March 31, 2016 2015 (Amounts in thousands) Interest income recognized $ 83 $ 90 Average recorded investment 2,791 3,895
Nonaccrual Loans by Loan Class	The following table presents nonaccrual loans, by loan class, as of the dates indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Non-covered Covered Total Non-covered Covered Total Commercial loans Construction, development, and other land $ 104 $ 49 $ 153 $ 39 $ 54 $ 93 Commercial and industrial 96 16 112 — 16 16 Multi-family residential 67 — 67 84 — 84 Single family non-owner occupied 1,091 27 1,118 1,850 29 1,879 Non-farm, non-residential 6,450 1,466 7,916 7,150 39 7,189 Farmland 144 — 144 234 — 234 Consumer real estate loans Home equity lines 925 307 1,232 825 413 1,238 Single family owner occupied 6,939 90 7,029 7,245 96 7,341 Owner occupied construction 346 — 346 349 — 349 Consumer and other loans Consumer loans 34 — 34 71 — 71 Total nonaccrual loans $ 16,196 $ 1,955 $ 18,151 $ 17,847 $ 647 $ 18,494
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. Loans acquired with credit deterioration, with a discount, continue to accrue interest based on expected cash flows; therefore, PCI loans are not generally considered nonaccrual. Non-covered accruing loans contractually past due 90 days or more totaled $243 thousand as of March 31, 2016. There were no non-covered accruing loans contractually past due 90 days or more as of December 31, 2015. March 31, 2016 (Amounts in thousands) 30 - 59 Days 60 - 89 Days 90+ Days Total Current Total Loans Non-covered loans Commercial loans Construction, development, and other land $ 10 $ 16 $ 85 $ 111 $ 52,419 $ 52,529 Commercial and industrial 28 147 — 175 92,222 92,397 Multi-family residential 74 67 — 141 111,247 111,388 Single family non-owner occupied 615 235 538 1,388 150,207 151,595 Non-farm, non-residential 11 544 4,861 5,416 516,055 521,471 Agricultural — — — — 3,650 3,650 Farmland 108 — 68 176 26,837 27,013 Consumer real estate loans Home equity lines 294 163 726 1,183 105,261 106,444 Single family owner occupied 4,602 1,618 2,685 8,905 488,625 497,530 Owner occupied construction 346 — — 346 40,546 40,892 Consumer and other loans Consumer loans 320 82 6 408 73,123 73,531 Other — — — — 7,451 7,451 Total non-covered loans 6,408 2,872 8,969 18,249 1,667,642 1,685,891 Covered loans Commercial loans Construction, development, and other land 48 94 37 179 5,950 6,129 Commercial and industrial — — 16 16 1,004 1,020 Multi-family residential — — — — 100 100 Single family non-owner occupied — — — — 2,258 2,258 Non-farm, non-residential — — 1,466 1,466 10,973 12,439 Agricultural — — — — 34 34 Farmland — — — — 632 632 Consumer real estate loans Home equity lines 274 142 129 545 45,200 45,745 Single family owner occupied 60 124 — 184 7,653 7,837 Owner occupied construction — — — — 262 262 Consumer and other loans Consumer loans — — — — 82 82 Total covered loans 382 360 1,648 2,390 74,148 76,538 Total loans $ 6,790 $ 3,232 $ 10,617 $ 20,639 $ 1,741,790 $ 1,762,429 December 31, 2015 (Amounts in thousands) 30 - 59 Days 60 - 89 Days 90+ Days Total Current Total Loans 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
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: March 31, 2016 December 31, 2015 (Amounts in thousands) Nonaccrual (1) Accrual Total Nonaccrual (1) Accrual Total Commercial loans Single family non-owner occupied $ 41 $ 901 $ 942 $ 130 $ 820 $ 950 Non-farm, non-residential — 4,558 4,558 — 4,600 4,600 Consumer real estate loans Home equity lines 123 42 165 127 43 170 Single family owner occupied 692 7,890 8,582 733 8,256 8,989 Owner occupied construction 346 241 587 349 243 592 Total TDRs $ 1,202 $ 13,632 $ 14,834 $ 1,339 $ 13,962 $ 15,301 Allowance for loan losses related to TDRs $ 590 $ 590 (1) Nonaccrual TDRs are included in total nonaccrual loans disclosed in the nonaccrual table above.
Interest Income related to TDRs	The following table presents interest income recognized on TDRs in the periods indicated: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Interest income recognized $ 78 $ 148
Summary of Information Related to Other Real Estate Owned	The following table presents information related to other real estate owned (“OREO”), which consists of properties acquired through foreclosure, as of the dates indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Non-covered OREO $ 5,313 $ 4,873 Covered OREO 2,279 4,034 Total OREO $ 7,592 $ 8,907 Non-covered OREO secured by residential real estate $ 2,669 $ 2,677 Residential real estate loans in the foreclosure process (1) 1,609 2,727 (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)	3 Months Ended
	Mar. 31, 2016
Allowance for Loan Losses, by Loan Segment	The following tables present the activity in the allowance for loan losses, by loan segment, in the periods indicated: Three Months Ended March 31, 2016 (Amounts in thousands) Commercial Consumer Real Consumer and Total Allowance Allowance, excluding PCI Beginning balance $ 13,133 $ 6,356 $ 690 $ 20,179 Provision for loan losses charged to operations 308 774 144 1,226 Charge-offs (284 ) (690 ) (254 ) (1,141 ) Recoveries 113 30 123 179 Net charge-offs (171 ) (660 ) (131 ) (962 ) Ending balance $ 13,270 $ 6,470 $ 703 $ 20,443 PCI allowance Beginning balance $ — $ 54 $ — $ 54 Recovery of loan losses — (30 ) — (30 ) Benefit attributable to the FDIC indemnification asset — (9 ) — (9 ) Recovery of loan losses charged to operations — (39 ) — (39 ) Provision for loan losses recorded through the FDIC indemnification asset — 9 — 9 Ending balance $ — $ 24 $ — $ 24 Total allowance Beginning balance $ 13,133 $ 6,410 $ 690 $ 20,233 Provision for loan losses 308 744 144 1,196 Benefit attributable to the FDIC indemnification asset — (9 ) — (9 ) Provision for loan losses charged to operations 308 735 144 1,187 Provision for loan losses recorded through the FDIC indemnification asset — 9 — 9 Charge-offs (284 ) (690 ) (254 ) (1,141 ) Recoveries 113 30 123 179 Net charge-offs (171 ) (660 ) (131 ) (962 ) Ending balance $ 13,270 $ 6,494 $ 703 $ 20,467 Three Months Ended March 31, 2015 (Amounts in thousands) Commercial Consumer Real Consumer and Total Allowance Allowance, excluding PCI Beginning balance $ 13,010 $ 6,489 $ 670 $ 20,169 Provision for loan losses charged to operations 650 215 225 1,090 Charge-offs (681 ) (402 ) (495 ) (1,578 ) Recoveries 75 144 238 457 Net charge-offs (606 ) (258 ) (257 ) (1,121 ) Ending balance $ 13,054 $ 6,446 $ 638 $ 20,138 PCI allowance Beginning balance $ 37 $ 21 $ — $ 58 (Recovery of) provision for loan losses (37 ) 93 — 56 Benefit attributable to the FDIC indemnification asset 29 (75 ) — (46 ) (Recovery of) provision for loan losses charged to operations (8 ) 18 — 10 (Recovery of) provision for loan losses recorded through the FDIC indemnification asset (29 ) 75 — 46 Ending balance $ — $ 114 $ — $ 114 Total allowance Beginning balance $ 13,047 $ 6,510 $ 670 $ 20,227 Provision for loan losses 613 308 225 1,146 Benefit attributable to the FDIC indemnification asset 29 (75 ) — (46 ) Provision for loan losses charged to operations 642 233 225 1,100 (Recovery of) provision for loan losses recorded through the FDIC indemnification asset (29 ) 75 — 46 Charge-offs (681 ) (402 ) (495 ) (1,578 ) Recoveries 75 144 238 457 Net charge-offs (606 ) (258 ) (257 ) (1,121 ) Ending balance $ 13,054 $ 6,560 $ 638 $ 20,252
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: March 31, 2016 (Amounts in thousands) Loans Individually Allowance for Loans Loans Collectively Allowance for Loans Commercial loans Construction, development, and other land $ — $ — $ 56,847 $ 1,125 Commercial and industrial — — 93,251 510 Multi-family residential — — 111,388 1,585 Single family non-owner occupied 1,137 18 149,359 3,194 Non-farm, non-residential 13,331 1,529 513,781 5,097 Agricultural — — 3,684 28 Farmland — — 27,645 184 Total commercial loans 14,468 1,547 955,955 11,723 Consumer real estate loans Home equity lines — — 124,785 1,131 Single family owner occupied 5,559 771 498,696 4,293 Owner occupied construction 346 3 40,712 272 Total consumer real estate loans 5,905 774 664,193 5,696 Consumer and other loans Consumer loans — — 73,613 703 Other — — 7,451 — Total consumer and other loans — — 81,064 703 Total loans, excluding PCI loans $ 20,373 $ 2,321 $ 1,701,212 $ 18,122 December 31, 2015 (Amounts in thousands) Loans Individually Allowance for Loans Loans Collectively Allowance for Loans 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
Purchased Credit Impaired
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: March 31, 2016 December 31, 2015 (Amounts in thousands) Recorded Allowance for Loan Recorded Allowance for Loan Commercial loans Waccamaw commercial $ 3,732 $ — $ 3,788 $ — Peoples commercial 5,734 — 5,525 — Other 1,227 — 1,254 — Total commercial loans 10,693 — 10,567 — Consumer real estate loans Waccamaw serviced home equity lines 27,404 — 29,241 — Waccamaw residential 1,609 12 1,678 1 Peoples residential 1,138 12 1,156 53 Total consumer real estate loans 30,151 24 32,075 54 Total PCI loans $ 40,844 $ 24 $ 42,642 $ 54

FDIC Indemnification Asset (Tab

FDIC Indemnification Asset (Tables)	3 Months Ended
	Mar. 31, 2016
Changes in Receivable from FDIC	The following table presents activity in the FDIC indemnification asset in the periods indicated: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Beginning balance $ 20,844 $ 27,900 Increase in estimated losses on covered loans 9 46 Increase in estimated losses on covered OREO 273 69 Reimbursable expenses from the FDIC 7 291 Net amortization (1,159 ) (1,565 ) Reimbursements from the FDIC (1,187 ) (688 ) Ending balance $ 18,787 $ 26,053

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2016
Components of Deposits	The following table presents the components of deposits as of the dates indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Noninterest-bearing demand deposits $ 453,336 $ 451,511 Interest-bearing deposits Interest-bearing demand deposits 344,153 347,705 Money market accounts 226,509 213,982 Savings deposits 327,574 316,603 Certificates of deposit 391,218 408,519 Individual retirement accounts 131,875 134,939 Total interest-bearing deposits 1,421,329 1,421,748 Total deposits $ 1,874,665 $ 1,873,259

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	Mar. 31, 2016
Composition of Borrowings	The following table presents the composition of borrowings as of the dates indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Balance Weighted (1) Balance Weighted (1) Federal funds purchased $ 18,000 0.51 % $ — 0.34 % Securities sold under agreements to repurchase Retail 84,661 0.07 % 88,614 0.13 % Wholesale 50,000 3.71 % 50,000 3.71 % Total securities sold under agreements to repurchase 134,661 138,614 FHLB borrowings Advances 65,000 65,000 Total FHLB borrowings 65,000 4.04 % 65,000 4.04 % Subordinated debt 15,464 15,464 Other debt 292 292 Total borrowings $ 233,417 $ 219,370 (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 March 31, 2016: Overnight and Up to 30 Days 30-90 Days Greater Than 90 Total (Amounts in thousands) U.S. Agency securities $ 69,754 $ — $ — $ — $ 69,754 Municipal securities — — — 1,447 1,447 Mortgage-backed Agency securities 12,494 174 285 50,507 63,460 Total repurchase agreements $ 82,248 $ 174 $ 285 $ 51,954 $ 134,661
Contractual Maturities of Wholesale Repurchase Agreements and Federal Home Loan Bank ("FHLB") Borrowings, by Year	The following schedule presents the contractual maturities of wholesale repurchase agreements and Federal Home Loan Bank (“FHLB”) borrowings, by year, as of March 31, 2016: Wholesale Repurchase FHLB Borrowings Total (Amounts in thousands) 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) 1.83 3.92 3.01

Derivative Instruments and He32

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2016
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: March 31, 2016 December 31, 2015 (Amounts in thousands) Notional or Derivative Derivative Notional or Derivative Derivative Derivatives designated as hedges Interest rate swaps $ 5,429 $ — $ 416 $ 5,335 $ — $ 251 Total derivatives $ 5,429 $ — $ 416 $ 5,335 $ — $ 251
Effect of Derivative and Hedging Activity, on Consolidated Statements of Income	The following table presents the effect of the Company’s derivative and hedging activity, if applicable, on the consolidated statements of income in the periods indicated: Three Months Ended March 31, Income Statement Location (Amounts in thousands) 2016 2015 Derivatives designated as hedges Interest rate swaps $ 28 $ 26 Interest and fees on loans Total derivative expense $ 28 $ 26

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	3 Months Ended
	Mar. 31, 2016
Defined SERP
Net Periodic Benefit Cost	The following table presents the components of the SERP’s net periodic pension cost in the periods indicated: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Service cost $ 36 $ 33 Interest cost 79 70 Amortization of prior service cost 47 47 Amortization of losses 5 2 Net periodic cost $ 167 $ 152
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: Three Months Ended March 31, 2016 2015 (Amounts in thousands) Service cost $ 11 $ 12 Interest cost 17 13 Amortization of prior service cost 10 18 Amortization of losses 9 15 Net periodic cost $ 47 $ 58

Accumulated Other Comprehensi34

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2016
Components of Accumulated Other Comprehensive Income, Net of Tax	The following tables present the activity in accumulated other comprehensive income (“AOCI”), net of tax, by component for the periods indicated: Three Months Ended March 31, 2016 Unrealized Gains Employee Benefit Plans Total (Amounts in thousands) Beginning balance $ (3,885 ) $ (1,362 ) $ (5,247 ) Other comprehensive loss before reclassifications (451 ) (78 ) (529 ) Reclassified from AOCI (1 ) 44 43 Net comprehensive loss (452 ) (34 ) (486 ) Ending balance $ (4,337 ) $ (1,396 ) $ (5,733 ) Three Months Ended March 31, 2015 Unrealized Gains Employee Benefit Plan Total (Amounts in thousands) Beginning balance $ (4,266 ) $ (1,339 ) $ (5,605 ) Other comprehensive gain (loss) before reclassifications 1,011 (62 ) 949 Reclassified from AOCI 14 51 65 Net comprehensive gain (loss) 1,025 (11 ) 1,014 Ending balance $ (3,241 ) $ (1,350 ) $ (4,591 )
Reclassifications Out of Accumulated Other Comprehensive Income	The following table presents reclassifications out of AOCI by component in the periods indicated: Three Months Ended March 31, Income Statement Line Item Affected (Amounts in thousands) 2016 2015 Available-for-sale securities Gains (losses) recognized 1 (23 ) Net gain (loss) on sale of securities Credit-related OTTI recognized — — Net impairment losses recognized in earnings Reclassified from AOCI, before tax 1 (23 ) Income before income taxes Income tax effect — 9 Income tax expense Reclassified from AOCI, before tax 1 (14 ) Net income Employee benefit plans Amortization of prior service cost (57 ) (65 ) (1) Amortization of net actuarial benefit cost (14 ) (17 ) (1) Reclassified from AOCI, before tax (71 ) (82 ) Income before income taxes Income tax effect 27 31 Income tax expense Reclassified from AOCI, net of tax (44 ) (51 ) Net income Total reclassified from AOCI, net of tax $ (43 ) $ (65 ) Net income (1) Amortization is included in net periodic pension cost. See Note 10, “Employee Benefit Plans.”

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2016
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: March 31, 2016 Total Fair Value Fair Value Measurements Using (Amounts in thousands) Level 1 Level 2 Level 3 Available-for-sale securities U.S. Agency securities $ 30,569 $ — $ 30,569 $ — Municipal securities 127,845 — 127,845 — Single issue trust preferred securities 44,088 — 44,088 — Corporate securities 70,251 — 70,251 — Agency MBS 65,644 — 65,644 — Equity securities 72 54 18 — Total available-for-sale securities 338,469 54 338,415 — Fair value loans 4,643 — 4,643 — Deferred compensation assets 3,676 3,676 — — Deferred compensation liabilities 3,676 3,676 — — Derivative liabilities Interest rate swaps 416 — 416 — Total derivative liabilities 416 — 416 — 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 —
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: March 31, 2016 Total Fair Value Fair Value Measurements Using Level 1 Level 2 Level 3 (Amounts in thousands) Impaired loans, non-covered $ 8,239 $ — $ — $ 8,239 OREO, non-covered 3,484 — — 3,484 OREO, covered 616 — — 616 December 31, 2015 Total Fair Value Fair Value Measurements Using Level 1 Level 2 Level 3 (Amounts in thousands) Impaired loans, non-covered $ 9,164 $ — $ — $ 9,164 OREO, non-covered 4,819 — — 4,819 OREO, covered 4,034 — — 4,034
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 Unobservable Discount Range (Weighted Average) Technique Input March 31, 2016 December 31, 2015 Impaired loans, non-covered Discounted appraisals (1) Appraisal adjustments (2) 1% to 35% (21%) 1% to 39% (21%) OREO, non-covered Discounted appraisals (1) Appraisal adjustments (2) 3% to 86% (28%) 1% to 100% (33%) OREO, covered Discounted appraisals (1) Appraisal adjustments (2) 0% to 55% (55%) 21% to 65% (46%) (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 Amounts and Fair Values of Company's Financial Instruments	The following tables present the carrying amounts and fair values of the Company’s financial instruments, segregated by the level of valuation inputs in the fair value hierarchy, as of the dates indicated: March 31, 2016 Carrying Fair Value Measurements Using (Amounts in thousands) Amount Fair Value Level 1 Level 2 Level 3 Assets Cash and cash equivalents $ 39,587 $ 39,587 $ 39,587 $ — $ — Securities available for sale 338,469 338,469 54 338,415 — Securities held to maturity 72,485 72,943 — 72,943 — Loans held for investment, net of allowance 1,741,962 1,762,447 — 4,643 1,757,804 FDIC indemnification asset 18,787 10,276 — — 10,276 Interest receivable 5,968 5,968 — 5,968 — Deferred compensation assets 3,676 3,676 3,676 — — Liabilities Demand deposits 453,336 453,336 — 453,336 — Interest-bearing demand deposits 344,153 344,153 — 344,153 — Savings deposits 554,083 554,083 — 554,083 — Time deposits 523,093 523,600 — 523,600 — Federal funds purchased 18,000 18,000 18,000 — — Securities sold under agreements to repurchase 134,661 136,985 — 136,985 — Interest payable 1,236 1,236 — 1,236 — FHLB and other borrowings 80,756 86,908 — 86,908 — Derivative financial liabilities 416 416 — 416 — Deferred compensation liabilities 3,676 3,676 3,676 — — Assets Cash and cash equivalents $ 51,787 $ 51,787 $ 51,787 $ — $ — Securities available for sale 366,173 366,173 54 366,119 — Securities held to maturity 72,541 72,490 — 72,490 — Loans held for investment, net of allowance 1,686,308 1,685,061 — 4,886 1,680,175 FDIC indemnification asset 20,844 10,753 — — 10,753 Interest receivable 6,007 6,007 — 6,007 — 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 — 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 — —

Litigation, Commitments and C36

Litigation, Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2016
Off-Balance Sheet Financial Instruments	The following table presents the Company’s off-balance sheet financial instruments as of the dates indicated: March 31, 2016 December 31, 2015 (Amounts in thousands) Commitments to extend credit $ 242,581 $ 235,302 Standby letters of credit and financial guarantees 7,556 7,765 Total off-balance sheet risk 250,137 243,067 Reserve for unfunded commitments $ 326 $ 326

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Mar. 31, 2016
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: Three Months Ended March 31, 2016 2015 (Amounts in thousands, except share and per share data) Net income $ 6,084 $ 5,958 Dividends on preferred stock — 105 Net income available to common shareholders $ 6,084 $ 5,853 Weighted average common shares outstanding, basic 17,859,197 18,633,574 Dilutive effect of potential common shares Stock options 27,159 21,159 Restricted stock 6,175 1,256 Convertible preferred stock — 677,043 Contingently issuable shares — 11,411 Total dilutive effect of potential common shares 33,334 710,869 Weighted average common shares outstanding, diluted 17,892,531 19,344,443 Basic earnings per common share $ 0.34 $ 0.31 Diluted earnings per common share 0.34 0.31 Antidilutive potential common shares Stock options 119,727 136,382 Restricted stock 28,617 — Total potential antidilutive shares 148,344 136,382

Summary of Significant Accounti

Summary of Significant Accounting Policies - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)StateBranchSegmentLocation	Dec. 31, 2015USD ($)
Summary Of Significant Accounting Policies [Line Items]
Assets managed by the Company	$ 755,000
Assets	$ 2,470,287	$ 2,462,276
Number of business segment | Segment	1
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	49
Number of states the company provides services | State	4

Acquisitions and Divestitures -

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

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	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Available for sale, Amortized Cost	$ 345,408	$ 372,389
Available for sale, Unrealized Gains	5,694	4,355
Available for sale, Unrealized Losses	(12,633)	(10,571)
Available for sale, Fair Value	338,469	366,173
U.S. Agency securities
Schedule of Available-for-sale Securities [Line Items]
Available for sale, Amortized Cost	30,737	31,414
Available for sale, Unrealized Gains	89	39
Available for sale, Unrealized Losses	(257)	(751)
Available for sale, Fair Value	30,569	30,702
Single Issue Trust Preferred Securities
Schedule of Available-for-sale Securities [Line Items]
Available for sale, Amortized Cost	55,897	55,882
Available for sale, Unrealized Losses	(11,809)	(8,050)
Available for sale, Fair Value	44,088	47,832
Corporate securities
Schedule of Available-for-sale Securities [Line Items]
Available for sale, Amortized Cost	70,343	70,571
Available for sale, Unrealized Losses	(92)	(238)
Available for sale, Fair Value	70,251	70,333
Mortgage-backed Agency securities
Schedule of Available-for-sale Securities [Line Items]
Available for sale, Amortized Cost	65,778	84,576
Available for sale, Unrealized Gains	282	155
Available for sale, Unrealized Losses	(416)	(1,175)
Available for sale, Fair Value	65,644	83,556
Equity Securities
Schedule of Available-for-sale Securities [Line Items]
Available for sale, Amortized Cost	66	66
Available for sale, Unrealized Gains	6	6
Available for sale, Fair Value	72	72
Municipal securities
Schedule of Available-for-sale Securities [Line Items]
Available for sale, Amortized Cost	122,587	124,880
Available for sale, Unrealized Gains	5,317	4,155
Available for sale, Unrealized Losses	(59)	(357)
Available for sale, Fair Value	$ 127,845	128,678
Certificates of deposit
Schedule of Available-for-sale Securities [Line Items]
Available for sale, Amortized Cost		5,000
Available for sale, Fair Value		$ 5,000

Amortized Cost and Aggregate 41

Amortized Cost and Aggregate Fair Value of Held-to-Maturity Securities, Including Gross Unrealized Gains and Losses (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Amortized Cost	$ 72,485	$ 72,541
Held-to-maturity Securities, Unrealized Gains	466	78
Held-to-maturity Securities, Unrealized Losses	(8)	(129)
Held-to-maturity Securities, Fair Value	72,943	72,490
U.S. Agency securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Amortized Cost	61,831	61,863
Held-to-maturity Securities, Unrealized Gains	374	75
Held-to-maturity Securities, Unrealized Losses	(8)	(106)
Held-to-maturity Securities, Fair Value	62,197	61,832
Corporate securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Amortized Cost	10,464	10,488
Held-to-maturity Securities, Unrealized Gains	91
Held-to-maturity Securities, Unrealized Losses		(23)
Held-to-maturity Securities, Fair Value	10,555	10,465
Municipal securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Amortized Cost	190	190
Held-to-maturity Securities, Unrealized Gains	1	3
Held-to-maturity Securities, Fair Value	$ 191	$ 193

Amortized Cost and Aggregate 42

Amortized Cost and Aggregate Fair Value of Available-for-Sale and Held-to-Maturity Securities (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Available-for-sale securities
Due within one year, Amortized Cost	$ 71,929
Due after one year but within five years, Amortized Cost	2,623
Due after five years but within ten years, Amortized Cost	88,169
Due after ten years, Amortized Cost	116,843
Amortized Cost	345,408	$ 372,389
Held-to-maturity securities
Due within one year, Amortized Cost	25,232
Due after one year but within five years, Amortized Cost	47,253
Due after five years but within ten years, Amortized Cost	0
Due after ten years, Amortized Cost	0
Held-to-maturity Securities, Amortized Cost	72,485	72,541
Available-for-sale securities
Due within one year, Fair Value	71,856
Due after one year but within five years, Fair Value	2,663
Due after five years but within ten years, Fair Value	92,622
Due after ten years, Fair Value	105,612
Fair Value	338,469	366,173
Held-to-maturity securities
Due within one year, Fair Value	25,231
Due after one year but within five years, Fair Value	47,712
Due after five years but within ten years, Fair Value	0
Due after ten years, Fair Value	0
Fair Value	72,943	72,490
Debt Securities
Available-for-sale securities
Amortized Cost	279,564
Available-for-sale securities
Fair Value	272,753
Total Mortgage Backed Securities
Available-for-sale securities
Amortized Cost	65,778
Available-for-sale securities
Fair Value	65,644
Equity Securities
Available-for-sale securities
Amortized Cost	66	66
Available-for-sale securities
Fair Value	$ 72	$ 72

Available-For-Sale Securities i

Available-For-Sale Securities in Continuous Unrealized Loss Position (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	$ 67,043	$ 109,950
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(108)	(544)
Available-for-sale Securities, 12 Months or Longer, Fair Value	118,506	119,438
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(12,525)	(10,027)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	185,549	229,388
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(12,633)	(10,571)
Municipal securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	395	8,126
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(1)	(48)
Available-for-sale Securities, 12 Months or Longer, Fair Value	3,239	10,393
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(58)	(309)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	3,634	18,519
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(59)	(357)
U.S. Agency securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	1,418	4,441
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(1)	(5)
Available-for-sale Securities, 12 Months or Longer, Fair Value	23,809	23,922
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(256)	(746)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	25,227	28,363
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(257)	(751)
Single Issue Trust Preferred Securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, 12 Months or Longer, Fair Value	44,088	47,832
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(11,809)	(8,050)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	44,088	47,832
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(11,809)	(8,050)
Corporate securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	60,210	70,333
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(84)	(238)
Available-for-sale Securities, 12 Months or Longer, Fair Value	10,041
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(8)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	70,251	70,333
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(92)	(238)
Mortgage-backed Agency securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Less than 12 Months, Fair Value	5,020	27,050
Available-for-sale Securities, Less than 12 Months, Unrealized Losses	(22)	(253)
Available-for-sale Securities, 12 Months or Longer, Fair Value	37,329	37,291
Available-for-sale Securities, 12 Months or Longer, Unrealized Losses	(394)	(922)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	42,349	64,341
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ (416)	$ (1,175)

Held to Maturity Securities in

Held to Maturity Securities in Continuous Unrealized Loss Position (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Less than 12 Months, Fair Value	$ 13,749	$ 50,574
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses	(8)	(129)
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	13,749	50,574
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	(8)	(129)
U.S. Agency securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Less than 12 Months, Fair Value	13,749	43,723
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses	(8)	(106)
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	13,749	43,723
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss	$ (8)	(106)
Corporate securities
Schedule of Held-to-maturity Securities [Line Items]
Held-to-maturity Securities, Less than 12 Months, Fair Value		6,851
Held-to-maturity Securities, Less than 12 Months, Unrealized Losses		(23)
Held-to-maturity Securities, 12 Months or Longer, Fair Value		0
Held-to-maturity Securities, 12 Months or Longer, Unrealized Losses		0
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value		6,851
Held-to-maturity Securities, Accumulated Unrecognized Holding Loss		$ (23)

Investment Securities - Additio

Investment Securities - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016USD ($)Securities	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)Securities
Schedule of Available-for-sale Securities [Line Items]
Number of securities in an unrealized loss position | Securities	52		107
Percentage of combined depreciation of the combined reported value of the aggregate securities portfolio	3.08%		2.44%
Carrying amount of available-for-sale securities pledged	$ 222,540,000		$ 236,730,000
Debt Securities
Schedule of Available-for-sale Securities [Line Items]
OTTI charges incurred	0	$ 0
Equity Securities
Schedule of Available-for-sale Securities [Line Items]
OTTI charges incurred	$ 0	$ 0

Net Loss or Gain from Sale of S

Net Loss or Gain from Sale of Securities (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Gross realized gains	$ 132	$ 15
Gross realized losses	(131)	(38)
Net gain (loss) on sale of securities	$ 1	$ (23)

Loans - Additional Information

Loans - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)Segment	Dec. 31, 2015USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loan portfolio segments | Segment	3
Customer overdraft	$ 1,290	$ 1,240
Deferred loan fees	$ 3,940	$ 3,780

Summary of Loans, Net of Unearn

Summary of Loans, Net of Unearned Income (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 1,685,891	$ 1,623,506
Covered under loss share agreements	76,538	83,035
Total Loans held for investment, net of unearned income	$ 1,762,429	$ 1,706,541
Loans held for investment, net of unearned income, percentage	95.66%	95.13%
Covered loan percentage	4.34%	4.87%
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	$ 960,043	$ 898,087
Covered under loss share agreements	$ 22,612	$ 25,529
Loans held for investment, net of unearned income, percentage	54.47%	52.62%
Commercial Loans | Construction Development And Other Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 52,529	$ 48,896
Covered under loss share agreements	$ 6,129	$ 6,303
Loans held for investment, net of unearned income, percentage	2.98%	2.86%
Commercial Loans | Commercial and Industrial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 92,397	$ 88,903
Covered under loss share agreements	$ 1,020	$ 1,170
Loans held for investment, net of unearned income, percentage	5.24%	5.21%
Commercial Loans | Multi-family Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 111,388	$ 95,026
Covered under loss share agreements	$ 100	$ 640
Loans held for investment, net of unearned income, percentage	6.32%	5.57%
Commercial Loans | Single-family Non-owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 151,595	$ 149,351
Covered under loss share agreements	$ 2,258	$ 2,674
Loans held for investment, net of unearned income, percentage	8.60%	8.75%
Commercial Loans | Non-farm Non-residential Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 521,471	$ 485,460
Covered under loss share agreements	$ 12,439	$ 14,065
Loans held for investment, net of unearned income, percentage	29.59%	28.45%
Commercial Loans | Agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 3,650	$ 2,911
Covered under loss share agreements	$ 34	$ 34
Loans held for investment, net of unearned income, percentage	0.21%	0.17%
Commercial Loans | Farmland Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 27,013	$ 27,540
Covered under loss share agreements	$ 632	$ 643
Loans held for investment, net of unearned income, percentage	1.53%	1.61%
Consumer Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 644,866	$ 646,081
Covered under loss share agreements	$ 53,844	$ 57,422
Loans held for investment, net of unearned income, percentage	36.59%	37.86%
Consumer Real Estate | Home Equity Lines
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 106,444	$ 107,367
Covered under loss share agreements	$ 45,745	$ 48,565
Loans held for investment, net of unearned income, percentage	6.04%	6.29%
Consumer Real Estate | Single Family Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 497,530	$ 495,209
Covered under loss share agreements	$ 7,837	$ 8,595
Loans held for investment, net of unearned income, percentage	28.23%	29.02%
Consumer Real Estate | Owner Occupied Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 40,892	$ 43,505
Covered under loss share agreements	$ 262	$ 262
Loans held for investment, net of unearned income, percentage	2.32%	2.55%
Consumer and Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 80,982	$ 79,338
Loans held for investment, net of unearned income, percentage	4.60%	4.65%
Consumer and Other Loans | Consumer Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 73,531	$ 72,000
Covered under loss share agreements	$ 82	$ 84
Loans held for investment, net of unearned income, percentage	4.17%	4.22%
Consumer and Other Loans | Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Not covered under loss share agreements	$ 7,451	$ 7,338
Loans held for investment, net of unearned income, percentage	0.43%	0.43%

Components of Covered Loan Port

Components of Covered Loan Portfolio, Disaggregated by Class (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	$ 76,538	$ 83,035
Commercial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	22,612	25,529
Commercial Loans | Construction Development And Other Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	6,129	6,303
Commercial Loans | Commercial and Industrial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	1,020	1,170
Commercial Loans | Multi-family Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	100	640
Commercial Loans | Single-family Non-owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	2,258	2,674
Commercial Loans | Non-farm Non-residential Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	12,439	14,065
Commercial Loans | Agricultural
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	34	34
Commercial Loans | Farmland Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	632	643
Consumer Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	53,844	57,422
Consumer Real Estate | Home Equity Lines
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	45,745	48,565
Consumer Real Estate | Single Family Owner Occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	7,837	8,595
Consumer Real Estate | Owner Occupied Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	262	262
Consumer and Other Loans | Consumer Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Covered under loss share agreements	$ 82	$ 84

Carrying and Contractual Unpaid

Carrying and Contractual Unpaid Principal Balance of PCI loans, by Acquisition (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unpaid Principal Balance	$ 20,503	$ 22,835
PCI loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Balance	40,844	42,642
Unpaid Principal Balance	70,922	75,697
Peoples | PCI loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Balance	6,872	6,681
Unpaid Principal Balance	11,108	11,249
Waccamaw Bank | PCI loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Balance	32,745	34,707
Unpaid Principal Balance	58,544	63,151
Other | PCI loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying Balance	1,227	1,254
Unpaid Principal Balance	$ 1,270	$ 1,297

Activity in Accretable Yield Re

Activity in Accretable Yield Related to PCI loans, by Acquisition (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, accretable Yield
Accretable yield, Beginning Balance	$ 29,698	$ 23,793
Additions		2
Accretion	(1,943)	(2,232)
Reclassifications from nonaccretable difference	(493)	3,551
Removals, extensions, and other events, net	2,322	(1,174)
Accretable yield, Ending Balance	29,584	23,940
Peoples
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, accretable Yield
Accretable yield, Beginning Balance	3,589	4,745
Accretion	(459)	(630)
Reclassifications from nonaccretable difference	(221)	1,106
Removals, extensions, and other events, net	1,724	(735)
Accretable yield, Ending Balance	4,633	4,486
Waccamaw Bank
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, accretable Yield
Accretable yield, Beginning Balance	26,109	19,048
Additions		2
Accretion	(1,484)	(1,602)
Reclassifications from nonaccretable difference	(272)	2,445
Removals, extensions, and other events, net	598	(439)
Accretable yield, Ending Balance	$ 24,951	$ 19,454

Credit Quality - Additional inf

Credit Quality - Additional information (Detail)	3 Months Ended
	Mar. 31, 2016USD ($)Loan	Dec. 31, 2015USD ($)Loan
Financing Receivable, Allowance for Credit Losses [Line Items]
Restructured loans to borrowers experiencing financial difficulty in excess of	$ 250,000
Performing status returned period	6 months
Covered Loans Recorded as TDR	$ 14,834,000	$ 15,301,000
Waccamaw Bank
Financing Receivable, Allowance for Credit Losses [Line Items]
Percentage of loan and foreclosed real estate losses covered by FDIC	80.00%
Non Covered Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Accruing loans contractually past due 90 days or more	$ 243,000	0
Covered Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Covered Loans Recorded as TDR	$ 0	$ 0
PCI loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Number of impaired loans | Loan	2	2

Loans Held for Investment by In

Loans Held for Investment by Internal Credit Risk Grade (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	$ 1,685,891	$ 1,623,506
Covered under loss share agreements	76,538	83,035
Total loans	1,762,429	1,706,541
Commercial Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	960,043	898,087
Covered under loss share agreements	22,612	25,529
Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	52,529	48,896
Covered under loss share agreements	6,129	6,303
Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	92,397	88,903
Covered under loss share agreements	1,020	1,170
Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	111,388	95,026
Covered under loss share agreements	100	640
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	151,595	149,351
Covered under loss share agreements	2,258	2,674
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	521,471	485,460
Covered under loss share agreements	12,439	14,065
Commercial Loans | Agricultural
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	3,650	2,911
Covered under loss share agreements	34	34
Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	27,013	27,540
Covered under loss share agreements	632	643
Consumer Real Estate
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	644,866	646,081
Covered under loss share agreements	53,844	57,422
Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	106,444	107,367
Covered under loss share agreements	45,745	48,565
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	497,530	495,209
Covered under loss share agreements	7,837	8,595
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	40,892	43,505
Covered under loss share agreements	262	262
Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	73,531	72,000
Covered under loss share agreements	82	84
Consumer and Other | Other Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	7,451	7,338
Pass
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,597,564	1,533,392
Covered under loss share agreements	36,237	40,101
Total loans	1,633,801	1,573,493
Pass | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	50,378	46,816
Covered under loss share agreements	3,671	3,908
Pass | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	89,978	87,223
Covered under loss share agreements	998	1,144
Pass | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	97,630	81,168
Covered under loss share agreements		460
Pass | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	141,932	139,680
Covered under loss share agreements	1,458	1,808
Pass | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	492,801	454,906
Covered under loss share agreements	8,066	9,192
Pass | Commercial Loans | Agricultural
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	3,599	2,886
Covered under loss share agreements	34	34
Pass | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	25,453	25,855
Covered under loss share agreements	356	364
Pass | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	103,764	104,897
Covered under loss share agreements	17,021	17,893
Pass | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	471,097	468,155
Covered under loss share agreements	4,440	5,102
Pass | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	40,175	42,783
Covered under loss share agreements	111	112
Pass | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	73,306	71,685
Covered under loss share agreements	82	84
Pass | Consumer and Other | Other Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	7,451	7,338
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	41,962	43,034
Covered under loss share agreements	33,044	35,603
Total loans	75,006	78,637
Special Mention | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	883	974
Covered under loss share agreements	1,281	1,261
Special Mention | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	650	663
Covered under loss share agreements		4
Special Mention | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	12,899	12,969
Special Mention | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	4,189	3,976
Covered under loss share agreements	371	457
Special Mention | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	14,247	15,170
Covered under loss share agreements	1,399	2,044
Special Mention | Commercial Loans | Agricultural
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	51	25
Special Mention | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,392	1,427
Special Mention | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,076	1,083
Covered under loss share agreements	27,995	29,823
Special Mention | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	6,530	6,686
Covered under loss share agreements	1,945	1,963
Special Mention | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Covered under loss share agreements	53	51
Special Mention | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	45	61
Substandard
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	45,654	47,080
Covered under loss share agreements	7,257	7,331
Total loans	52,911	54,411
Substandard | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,268	1,106
Covered under loss share agreements	1,177	1,134
Substandard | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,766	1,017
Covered under loss share agreements	22	22
Substandard | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	859	889
Covered under loss share agreements	100	180
Substandard | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	5,474	5,695
Covered under loss share agreements	429	409
Substandard | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	13,780	15,384
Covered under loss share agreements	2,974	2,829
Substandard | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	168	258
Covered under loss share agreements	276	279
Substandard | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	1,604	1,387
Covered under loss share agreements	729	849
Substandard | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	19,838	20,368
Covered under loss share agreements	1,452	1,530
Substandard | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	717	722
Covered under loss share agreements	98	99
Substandard | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	180	$ 254
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	646
Total loans	646
Doubtful | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	3
Doubtful | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	643
Loss
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	65
Total loans	65
Loss | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Not covered under loss share agreements	$ 65

Average Recorded Investment and

Average Recorded Investment and Interest Income Recognized on Impaired Loans Excluding Purchased Credit Impaired Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Recorded Investment	$ 9,361	$ 11,184
Impaired loans with a related allowance, Recorded Investment	11,012	11,534
Total impaired loans, Recorded Investment	20,373	22,718
Impaired loans with no related allowance, Unpaid Principal balance	9,419	11,277
Impaired loans with a related allowance, Unpaid Principal Balance	11,084	11,558
Total impaired loans, Unpaid Principal Balance	20,503	22,835
Impaired loans with no related allowance, Related Allowance	0	0
Impaired loans with a related allowance, Related Allowance	2,321	2,371
Total impaired loans, Related Allowance	2,321	2,371
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Recorded Investment	781	782
Impaired loans with a related allowance, Recorded Investment	356	619
Impaired loans with no related allowance, Unpaid Principal balance	782	783
Impaired loans with a related allowance, Unpaid Principal Balance	356	623
Impaired loans with no related allowance, Related Allowance	0	0
Impaired loans with a related allowance, Related Allowance	18	124
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Recorded Investment	7,983	8,427
Impaired loans with a related allowance, Recorded Investment	5,348	5,667
Impaired loans with no related allowance, Unpaid Principal balance	7,983	8,427
Impaired loans with a related allowance, Unpaid Principal Balance	5,361	5,673
Impaired loans with no related allowance, Related Allowance	0	0
Impaired loans with a related allowance, Related Allowance	1,529	1,568
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Recorded Investment	597	1,975
Impaired loans with a related allowance, Recorded Investment	4,962	4,899
Impaired loans with no related allowance, Unpaid Principal balance	654	2,067
Impaired loans with a related allowance, Unpaid Principal Balance	5,013	4,907
Impaired loans with no related allowance, Related Allowance	0	0
Impaired loans with a related allowance, Related Allowance	771	672
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with a related allowance, Recorded Investment	346	349
Impaired loans with a related allowance, Unpaid Principal Balance	354	355
Impaired loans with a related allowance, Related Allowance	$ 3	$ 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	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment	$ 9,372	$ 12,891
Impaired loans with a related allowance, Average Recorded Investment	11,023	6,799
Total impaired loans, Average Recorded Investment	20,395	19,690
Impaired loans with no related allowance, Interest Income	77	110
Impaired loans with a related allowance, Interest Income	133	103
Total impaired loans, Interest Income	210	213
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment	779	459
Impaired loans with a related allowance, Average Recorded Investment	358	361
Impaired loans with no related allowance, Interest Income	8	9
Impaired loans with a related allowance, Interest Income	7	7
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment	7,990	8,792
Impaired loans with a related allowance, Average Recorded Investment	5,358	4,064
Impaired loans with no related allowance, Interest Income	69	83
Impaired loans with a related allowance, Interest Income	88	78
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with no related allowance, Average Recorded Investment	603	3,640
Impaired loans with a related allowance, Average Recorded Investment	4,961	2,374
Impaired loans with no related allowance, Interest Income		18
Impaired loans with a related allowance, Interest Income	38	$ 18
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Impaired loans with a related allowance, Average Recorded Investment	$ 346

Additional Information Related

Additional Information Related to the Impaired Loan Pools (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Unpaid principal balance	$ 9,419		$ 11,277
Recorded investment	9,361		11,184
Interest income recognized	210	$ 213
Average recorded investment	9,372	12,891
PCI loans
Financing Receivable, Recorded Investment [Line Items]
Unpaid principal balance	3,664		3,759
Recorded investment	2,747		2,834
Allowance for loan losses	24		$ 54
Interest income recognized	83	90
Average recorded investment	$ 2,791	$ 3,895

Nonaccrual Loans by Loan Class

Nonaccrual Loans by Loan Class (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	$ 18,151	$ 18,494
Commercial Loans | Construction Development And Other Land
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	153	93
Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	112	16
Commercial Loans | Multi-family Residential
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	67	84
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	1,118	1,879
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	7,916	7,189
Commercial Loans | Farmland Loan
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	144	234
Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	1,232	1,238
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	7,029	7,341
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	346	349
Consumer and Other | Consumer Loan
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	34	71
Non Covered Loans
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	16,196	17,847
Non Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	104	39
Non Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	96
Non Covered Loans | Commercial Loans | Multi-family Residential
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	67	84
Non Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	1,091	1,850
Non Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	6,450	7,150
Non Covered Loans | Commercial Loans | Farmland Loan
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	144	234
Non Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	925	825
Non Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	6,939	7,245
Non Covered Loans | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	346	349
Non Covered Loans | Consumer and Other | Consumer Loan
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	34	71
Covered Loans
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	1,955	647
Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	49	54
Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	16	16
Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	27	29
Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	1,466	39
Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	307	413
Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total nonaccrual loans	$ 90	$ 96

Aging of Past Due Loans by Loan

Aging of Past Due Loans by Loan Class (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	$ 20,639	$ 25,079
Current Loans	1,741,790	1,681,462
Total loans	1,762,429	1,706,541
Not covered under loss share agreements	1,685,891	1,623,506
Covered under loss share agreements	76,538	83,035
Commercial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	960,043	898,087
Covered under loss share agreements	22,612	25,529
Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	52,529	48,896
Covered under loss share agreements	6,129	6,303
Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	92,397	88,903
Covered under loss share agreements	1,020	1,170
Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	111,388	95,026
Covered under loss share agreements	100	640
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	151,595	149,351
Covered under loss share agreements	2,258	2,674
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	521,471	485,460
Covered under loss share agreements	12,439	14,065
Commercial Loans | Agricultural
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	3,650	2,911
Covered under loss share agreements	34	34
Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	27,013	27,540
Covered under loss share agreements	632	643
Consumer Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	644,866	646,081
Covered under loss share agreements	53,844	57,422
Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	106,444	107,367
Covered under loss share agreements	45,745	48,565
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	497,530	495,209
Covered under loss share agreements	7,837	8,595
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	40,892	43,505
Covered under loss share agreements	262	262
Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	73,531	72,000
Covered under loss share agreements	82	84
Consumer and Other | Other Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Not covered under loss share agreements	7,451	7,338
Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	2,390	2,682
Current Loans	74,148	80,353
Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	179	138
Current Loans	5,950	6,165
Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	16	16
Current Loans	1,004	1,154
Covered Loans | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	100	640
Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		1,422
Current Loans	2,258	1,252
Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,466	39
Current Loans	10,973	14,026
Covered Loans | Commercial Loans | Agricultural
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	34	34
Covered Loans | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	632	643
Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	545	751
Current Loans	45,200	47,814
Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	184	316
Current Loans	7,653	8,279
Covered Loans | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	262	262
Covered Loans | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	82	84
Non Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	18,249	22,397
Current Loans	1,667,642	1,601,109
Non Covered Loans | Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	111	39
Current Loans	52,419	48,857
Non Covered Loans | Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	175	347
Current Loans	92,222	88,556
Non Covered Loans | Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	141	462
Current Loans	111,247	94,564
Non Covered Loans | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,388	1,797
Current Loans	150,207	147,554
Non Covered Loans | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	5,416	5,963
Current Loans	516,055	479,497
Non Covered Loans | Commercial Loans | Agricultural
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	3,650	2,911
Non Covered Loans | Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	176	830
Current Loans	26,837	26,710
Non Covered Loans | Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,183	1,331
Current Loans	105,261	106,036
Non Covered Loans | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	8,905	11,256
Current Loans	488,625	483,953
Non Covered Loans | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	346
Current Loans	40,546	43,505
Non Covered Loans | Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	408	372
Current Loans	73,123	71,628
Non Covered Loans | Consumer and Other | Other Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current Loans	7,451	7,338
Financing Receivables, 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	6,790	11,612
Financing Receivables, 30 to 59 Days Past Due | Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	382	2,281
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	48	96
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
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	274	489
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	60	274
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	6,408	9,331
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	10
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	28	281
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	74	302
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	615	748
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	11	347
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	108	585
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	294	668
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	4,602	6,122
Financing Receivables, 30 to 59 Days Past Due | Non Covered Loans | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	346
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	320	278
Financing Receivables, 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	3,232	3,195
Financing Receivables, 60 to 89 Days Past Due | Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	360	37
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	94
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	142	37
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	124
Financing Receivables, 60 to 89 Days Past Due | Non Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	2,872	3,158
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	16
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	147	66
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	67	76
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	235	120
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	544	676
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	163	195
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	1,618	1,943
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	82	71
Financing Receivables, Equal to Greater than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	10,617	10,272
Financing Receivables, Equal to Greater than 90 Days Past Due | Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,648	364
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	37	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	16
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	1,466	39
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	129	225
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
Financing Receivables, Equal to Greater than 90 Days Past Due | Non Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	8,969	9,908
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	85	39
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	538	929
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	4,861	4,940
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	68	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	726	468
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	2,685	3,191
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	$ 6	$ 23

Loans Modified as Troubled Debt

Loans Modified as Troubled Debt Restructurings by Loan Class Segregated by Accrual Status (Detail) - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Impaired [Line Items]
Total TDRs		$ 14,834	$ 15,301
Allowance for loan losses related to TDRs		590	590
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs		942	950
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Impaired [Line Items]
Total TDRs		4,558	4,600
Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total TDRs		165	170
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs		8,582	8,989
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Impaired [Line Items]
Total TDRs		587	592
Nonaccrual
Financing Receivable, Impaired [Line Items]
Total TDRs	[1]	1,202	1,339
Nonaccrual | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs	[1]	41	130
Nonaccrual | Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total TDRs	[1]	123	127
Nonaccrual | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs	[1]	692	733
Nonaccrual | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Impaired [Line Items]
Total TDRs	[1]	346	349
Accrual
Financing Receivable, Impaired [Line Items]
Total TDRs		13,632	13,962
Accrual | Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs		901	820
Accrual | Commercial Loans | Non-farm, Non-residential
Financing Receivable, Impaired [Line Items]
Total TDRs		4,558	4,600
Accrual | Consumer Real Estate | Home Equity Lines
Financing Receivable, Impaired [Line Items]
Total TDRs		42	43
Accrual | Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Impaired [Line Items]
Total TDRs		7,890	8,256
Accrual | Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Impaired [Line Items]
Total TDRs		$ 241	$ 243
[1]	Nonaccrual TDRs are included in total nonaccrual loans disclosed in the nonaccrual table above.

Balance and Interest Income Rel

Balance and Interest Income Related to Impaired Loan Pools (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Interest income recognized	$ 210	$ 213
PCI loans
Financing Receivable, Recorded Investment [Line Items]
Interest income recognized	83	90
TDRs | PCI loans
Financing Receivable, Recorded Investment [Line Items]
Interest income recognized	$ 78	$ 148

Summary of Information Related

Summary of Information Related to OREO (Detail) - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Other Real Estate Owned Activity [Line Items]
Non-covered OREO		$ 5,313	$ 4,873
Covered OREO		2,279	4,034
Total OREO		7,592	8,907
Non-covered OREO secured by residential real estate		2,669	2,677
Residential real estate loans in the foreclosure process	[1]	$ 1,609	$ 2,727
[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)	Mar. 31, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Indemnified portion percentage	80.00%

Allowance for Loan Losses, by L

Allowance for Loan Losses, by Loan Segment (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 20,233	$ 20,227
(Recovery of) provision for loan losses	1,196	1,146
Benefit attributable to the FDIC indemnification asset	(9)	(46)
(Recovery of) provision for loan losses charged to operations	1,187	1,100
(Recovery of) provision for loan losses recorded through the FDIC indemnification asset	9	46
Charge-offs	(1,141)	(1,578)
Recoveries	179	457
Net (charge-offs) recoveries	(962)	(1,121)
Ending balance	20,467	20,252
Commercial Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	13,133	13,047
(Recovery of) provision for loan losses	308	613
Benefit attributable to the FDIC indemnification asset		29
(Recovery of) provision for loan losses charged to operations	308	642
(Recovery of) provision for loan losses recorded through the FDIC indemnification asset		(29)
Charge-offs	(284)	(681)
Recoveries	113	75
Net (charge-offs) recoveries	(171)	(606)
Ending balance	13,270	13,054
Consumer Real Estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	6,410	6,510
(Recovery of) provision for loan losses	744	308
Benefit attributable to the FDIC indemnification asset	(9)	(75)
(Recovery of) provision for loan losses charged to operations	735	233
(Recovery of) provision for loan losses recorded through the FDIC indemnification asset	9	75
Charge-offs	(690)	(402)
Recoveries	30	144
Net (charge-offs) recoveries	(660)	(258)
Ending balance	6,494	6,560
Consumer and Other
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	690	670
(Recovery of) provision for loan losses	144	225
(Recovery of) provision for loan losses charged to operations	144	225
Charge-offs	(254)	(495)
Recoveries	123	238
Net (charge-offs) recoveries	(131)	(257)
Ending balance	703	638
Allowance Excluding Purchased Credit Impaired
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	20,179	20,169
(Recovery of) provision for loan losses	1,226	1,090
Charge-offs	(1,141)	(1,578)
Recoveries	179	457
Net (charge-offs) recoveries	(962)	(1,121)
Ending balance	20,443	20,138
Allowance Excluding Purchased Credit Impaired | Commercial Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	13,133	13,010
(Recovery of) provision for loan losses	308	650
Charge-offs	(284)	(681)
Recoveries	113	75
Net (charge-offs) recoveries	(171)	(606)
Ending balance	13,270	13,054
Allowance Excluding Purchased Credit Impaired | Consumer Real Estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	6,356	6,489
(Recovery of) provision for loan losses	774	215
Charge-offs	(690)	(402)
Recoveries	30	144
Net (charge-offs) recoveries	(660)	(258)
Ending balance	6,470	6,446
Allowance Excluding Purchased Credit Impaired | Consumer and Other
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	690	670
(Recovery of) provision for loan losses	144	225
Charge-offs	(254)	(495)
Recoveries	123	238
Net (charge-offs) recoveries	(131)	(257)
Ending balance	703	638
Purchased Credit Impaired
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	54	58
(Recovery of) provision for loan losses	(30)	56
Benefit attributable to the FDIC indemnification asset	(9)	(46)
(Recovery of) provision for loan losses charged to operations	(39)	10
(Recovery of) provision for loan losses recorded through the FDIC indemnification asset	9	46
Ending balance	24	114
Purchased Credit Impaired | Commercial Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance		37
(Recovery of) provision for loan losses		(37)
Benefit attributable to the FDIC indemnification asset		29
(Recovery of) provision for loan losses charged to operations		(8)
(Recovery of) provision for loan losses recorded through the FDIC indemnification asset		(29)
Purchased Credit Impaired | Consumer Real Estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	54	21
(Recovery of) provision for loan losses	(30)	93
Benefit attributable to the FDIC indemnification asset	(9)	(75)
(Recovery of) provision for loan losses charged to operations	(39)	18
(Recovery of) provision for loan losses recorded through the FDIC indemnification asset	9	75
Ending balance	$ 24	$ 114

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	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	$ 20,373	$ 22,718
Allowance for Loans Individually Evaluated	2,321	2,371
Loans Collectively Evaluated for Impairment	1,701,212	1,641,181
Allowance for Loans Collectively Evaluated	18,122	17,808
Commercial Loans
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	14,468	15,495
Allowance for Loans Individually Evaluated	1,547	1,692
Loans Collectively Evaluated for Impairment	955,955	895,984
Allowance for Loans Collectively Evaluated	11,723	11,440
Commercial Loans | Construction Development And Other Land
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	56,847	53,437
Allowance for Loans Collectively Evaluated	1,125	1,119
Commercial Loans | Commercial and Industrial Loans
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	93,251	89,885
Allowance for Loans Collectively Evaluated	510	504
Commercial Loans | Multi-family Residential
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	111,388	95,486
Allowance for Loans Collectively Evaluated	1,585	1,535
Commercial Loans | Single-family Non-owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	1,137	1,401
Allowance for Loans Individually Evaluated	18	124
Loans Collectively Evaluated for Impairment	149,359	147,209
Allowance for Loans Collectively Evaluated	3,194	3,245
Commercial Loans | Non-farm, Non-residential
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	13,331	14,094
Allowance for Loans Individually Evaluated	1,529	1,568
Loans Collectively Evaluated for Impairment	513,781	478,839
Allowance for Loans Collectively Evaluated	5,097	4,825
Commercial Loans | Agricultural
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	3,684	2,945
Allowance for Loans Collectively Evaluated	28	22
Commercial Loans | Farmland Loan
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	27,645	28,183
Allowance for Loans Collectively Evaluated	184	190
Consumer Real Estate
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	5,905	7,223
Allowance for Loans Individually Evaluated	774	679
Loans Collectively Evaluated for Impairment	664,193	665,775
Allowance for Loans Collectively Evaluated	5,696	5,678
Consumer Real Estate | Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	124,785	126,691
Allowance for Loans Collectively Evaluated	1,131	1,091
Consumer Real Estate | Single Family Owner Occupied
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	5,559	6,874
Allowance for Loans Individually Evaluated	771	672
Loans Collectively Evaluated for Impairment	498,696	495,761
Allowance for Loans Collectively Evaluated	4,293	4,297
Consumer Real Estate | Owner Occupied Construction
Financing Receivable, Recorded Investment [Line Items]
Loans Individually Evaluated for Impairment	346	349
Allowance for Loans Individually Evaluated	3	7
Loans Collectively Evaluated for Impairment	40,712	43,323
Allowance for Loans Collectively Evaluated	272	290
Consumer and Other
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	81,064	79,422
Allowance for Loans Collectively Evaluated	703	690
Consumer and Other | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	73,613	72,084
Allowance for Loans Collectively Evaluated	703	690
Consumer and Other | Other Loans
Financing Receivable, Recorded Investment [Line Items]
Loans Collectively Evaluated for Impairment	$ 7,451	$ 7,338

Allowance for Loan Losses Relat

Allowance for Loan Losses Related to PCI Loans and Recorded Investment in Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment	$ 40,844	$ 42,642
Allowance for Acquired Impaired Loans Evaluated	24	54
Commercial Loans
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment	10,693	10,567
Commercial Loans | Waccamaw Commercial
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment	3,732	3,788
Commercial Loans | Peoples Commercial
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment	5,734	5,525
Commercial Loans | Commercial Loan Other
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment	1,227	1,254
Consumer Real Estate
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment	30,151	32,075
Allowance for Acquired Impaired Loans Evaluated	24	54
Consumer Real Estate | Waccamaw Serviced Home Equity Lines
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment	27,404	29,241
Consumer Real Estate | Waccamaw Residential
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment	1,609	1,678
Allowance for Acquired Impaired Loans Evaluated	12	1
Consumer Real Estate | Peoples Residential
Financing Receivable, Recorded Investment [Line Items]
Acquired Impaired Loans Evaluated for Impairment	1,138	1,156
Allowance for Acquired Impaired Loans Evaluated	$ 12	$ 53

FDIC Indemnification Asset - Ad

FDIC Indemnification Asset - Additional Information (Detail) - Waccamaw Bank - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Resale Agreement Counterparty [Line Items]
Percentage of loan and foreclosed real estate losses covered by FDIC	80.00%
Loss Share Agreements Entered	$ 76,540	$ 83,040
Loss Share Agreements Entered	$ 2,280	$ 4,030

Changes in Receivable from FDIC

Changes in Receivable from FDIC (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Changes in the receivable from the FDIC
Beginning balance	$ 20,844	$ 27,900
Increase in estimated losses on covered loans	9	46
Increase in estimated losses on covered OREO	273	69
Reimbursable expenses from the FDIC	7	291
Net amortization	(1,159)	(1,565)
Reimbursements from the FDIC	(1,187)	(688)
Ending balance	$ 18,787	$ 26,053

Components of Deposits (Detail)

Components of Deposits (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Deposits By Type [Line Items]
Noninterest-bearing demand deposits	$ 453,336	$ 451,511
Interest-bearing deposits
Interest-bearing demand deposits	344,153	347,705
Money market accounts	226,509	213,982
Savings deposits	327,574	316,603
Certificates of deposit	391,218	408,519
Individual retirement accounts	131,875	134,939
Total interest-bearing deposits	1,421,329	1,421,748
Total deposits	$ 1,874,665	$ 1,873,259

Composition of Borrowings (Deta

Composition of Borrowings (Detail) - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Federal funds purchased		$ 18,000
Securities sold under agreements to repurchase
Securities sold under agreements to repurchase		134,661	$ 138,614
FHLB borrowings
Advances		65,000	65,000
Total FHLB borrowings		65,000	65,000
Subordinated debt		15,464	15,464
Other debt		292	292
Total borrowings		$ 233,417	$ 219,370
Federal funds purchased	[1]	0.51%	0.34%
Retail	[1]	0.07%	0.13%
Retail
Securities sold under agreements to repurchase
Securities sold under agreements to repurchase		$ 84,661	$ 88,614
Wholesale
Securities sold under agreements to repurchase
Securities sold under agreements to repurchase		$ 50,000	$ 50,000
Wholesale Repurchase Agreements
FHLB borrowings
Weighted average contractual rate	[1]	3.71%	3.71%
Total FHLB Borrowings
FHLB borrowings
Weighted average contractual rate	[1]	4.04%	4.04%
[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	Mar. 31, 2016	Dec. 31, 2015
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	$ 134,661	$ 138,614
Municipal securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	1,447
U.S. Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	69,754
Mortgage-backed Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	63,460
Overnight and Continuous
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	82,248
Overnight and Continuous | U.S. Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	69,754
Overnight and Continuous | Mortgage-backed Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	12,494
Up to 30 Days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	174
Up to 30 Days | Mortgage-backed Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	174
30-90 Days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	285
30-90 Days | Mortgage-backed Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	285
Greater Than 90 Days
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	51,954
Greater Than 90 Days | Municipal securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	1,447
Greater Than 90 Days | Mortgage-backed Agency securities
Assets Sold under Agreements to Repurchase [Line Items]
Securities sold under agreements to repurchase	$ 50,507

Contractual Maturities of Feder

Contractual Maturities of Federal Home Loan Bank (FHLB) Borrowings, by Year (Detail) $ in Thousands	Mar. 31, 2016USD ($)
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 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)	1 year 9 months 29 days
Total 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)	3 years 11 months 1 day

Borrowings - Additional Informa

Borrowings - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Letters of credit provided for collateralize public unit deposits	$ 22,690,000
Qualifying loans	876,770,000
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%
Total FHLB Borrowings
Debt Instrument [Line Items]
Unused borrowing capacity	$ 382,360,000
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	$ 0

Derivative Instruments and He73

Derivative Instruments and Hedging Activities - Additional Information (Detail) - USD ($)	1 Months Ended
	Mar. 31, 2015	Feb. 28, 2014	Mar. 31, 2016	Dec. 31, 2015
Derivative [Line Items]
Notional amount			$ 5,429,000	$ 5,335,000
Interest Rate Swaps Agreement
Derivative [Line Items]
Interest rate swap agreement, term	14 years	15 years
Notional amount	$ 1,200,000	$ 4,370,000

Aggregate Contractual or Notion

Aggregate Contractual or Notional Amounts and Fair Value of Derivative Financial Instruments (Detail) - USD ($)	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Feb. 28, 2014
Derivative [Line Items]
Notional or Contractual Amount	$ 5,429,000	$ 5,335,000
Derivative Assets	0	0
Derivative liabilities	416,000	251,000
Interest Rate Swaps Agreement
Derivative [Line Items]
Notional or Contractual Amount			$ 1,200,000	$ 4,370,000
Interest Rate Swaps Agreement | Designated as Hedging Instrument
Derivative [Line Items]
Notional or Contractual Amount	5,429,000	5,335,000
Derivative Assets	0	0
Derivative liabilities	$ 416,000	$ 251,000

Effect of Derivative and Hedgin

Effect of Derivative and Hedging Activity, on Consolidated Statements of Income (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Derivatives designated as hedges
Derivative, Gain (Loss) on Derivative, Net	$ 28	$ 26
Interest Rate Swaps Agreement | Designated as Hedging Instrument | Interest And Fee
Derivatives designated as hedges
Derivative, Gain (Loss) on Derivative, Net	$ 28	$ 26

Net Periodic Benefit Cost (Deta

Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Supplemental Executive Retirement Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 36	$ 33
Interest cost	79	70
Amortization of prior service cost	47	47
Amortization of losses	5	2
Net periodic cost	167	152
Directors Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	11	12
Interest cost	17	13
Amortization of prior service cost	10	18
Amortization of losses	9	15
Net periodic cost	$ 47	$ 58

Components of Accumulated Other

Components of Accumulated Other Comprehensive Income, Net of Tax (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (5,247)	$ (5,605)
Other comprehensive gain (loss) before reclassifications	(529)	949
Reclassified from AOCI	43	65
Other comprehensive (loss) income, net of tax	(486)	1,014
Ending balance	(5,733)	(4,591)
Available-for-Sale Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(3,885)	(4,266)
Other comprehensive gain (loss) before reclassifications	(451)	1,011
Reclassified from AOCI	(1)	14
Other comprehensive (loss) income, net of tax	(452)	1,025
Ending balance	(4,337)	(3,241)
Employee Benefit Plan
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(1,362)	(1,339)
Other comprehensive gain (loss) before reclassifications	(78)	(62)
Reclassified from AOCI	44	51
Other comprehensive (loss) income, net of tax	(34)	(11)
Ending balance	$ (1,396)	$ (1,350)

Reclassifications Out of Accumu

Reclassifications Out of Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
(Losses) gains realized in net income		$ (1)	$ 23
Amortization of losses		(71)	(82)
Income before income taxes		(9,013)	(8,795)
Income tax (benefit) expense		2,929	2,837
Net Income		(6,084)	(5,958)
Reclassified from AOCI, net of tax		(43)	(65)
Available-for-Sale Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassified from AOCI, net of tax		1	(14)
Employee Benefit Plan
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassified from AOCI, net of tax		(44)	(51)
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassified from AOCI, net of tax		(43)	(65)
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		1	(23)
Net impairment losses recognized in earnings		0	0
Income before income taxes		1	(23)
Income tax (benefit) expense			9
Net Income		1	(14)
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]	(57)	(65)
Amortization of losses	[1]	(14)	(17)
Income before income taxes		(71)	(82)
Income tax (benefit) expense		27	31
Net Income		$ (44)	$ (51)
[1]	Amortization is included in net periodic pension cost. See Note 10, "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	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	$ 338,469	$ 366,173
Derivative liabilities	416	251
Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	127,845	128,678
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	338,469	366,173
Fair value loans	4,643	4,886
Deferred compensation assets	3,676	3,464
Deferred compensation liabilities	3,676	3,464
Derivative liabilities	416	251
Recurring | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	127,845	128,678
Recurring | U.S. Agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	30,569	30,702
Recurring | Single Issue Trust Preferred Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	44,088	47,832
Recurring | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	70,251	70,333
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	65,644	83,556
Recurring | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	72	72
Interest Rate Swaps Agreement | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	416	251
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	54	54
Deferred compensation assets	3,676	3,464
Deferred compensation liabilities	3,676	3,464
Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	54	54
Deferred compensation assets	3,676	3,464
Deferred compensation liabilities	3,676	3,464
Level 1 | Recurring | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	54	54
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	338,415	366,119
Fair value loans	4,643	4,886
Derivative liabilities	416	251
Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	338,415	366,119
Fair value loans	4,643	4,886
Derivative liabilities	416	251
Level 2 | Recurring | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	127,845	128,678
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	30,569	30,702
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	44,088	47,832
Level 2 | Recurring | Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	70,251	70,333
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	65,644	83,556
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 | Interest Rate Swaps Agreement | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	$ 416	$ 251

Fair Value - Additional Informa

Fair Value - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
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	Mar. 31, 2016	Dec. 31, 2015
Impaired Loans | Non Covered Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	$ 8,239	$ 9,164
OREO | Non Covered Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	3,484	4,819
OREO | Covered Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	616	4,034
Level 3 | Impaired Loans | Non Covered Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	8,239	9,164
Level 3 | OREO | Non Covered Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	3,484	4,819
Level 3 | OREO | Covered Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total Fair value	$ 616	$ 4,034

Quantitative Information for As

Quantitative Information for Assets Measured at Fair Value on Nonrecurring Basis (Detail) - Fair Value on Nonrecurring Basis		3 Months Ended	12 Months Ended
		Mar. 31, 2016	Dec. 31, 2015
Impaired Loans | Non Covered 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 | Non Covered 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		3.00%	1.00%
Minimum | OREO | Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		0.00%	21.00%
Maximum | Impaired Loans | Non Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		35.00%	39.00%
Maximum | OREO | Non Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		86.00%	100.00%
Maximum | OREO | Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		55.00%	65.00%
Average | Impaired Loans | Non Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		21.00%	21.00%
Average | OREO | Non Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		28.00%	33.00%
Average | OREO | Covered Loans
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Weighted Average		55.00%	46.00%
[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	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Assets
Securities available for sale	$ 338,469	$ 366,173
Securities held to maturity	72,943	72,490
FDIC indemnification asset	18,787	20,844	$ 26,053	$ 27,900
Interest receivable	5,968	6,007
Liabilities
Derivative financial liabilities	416	251
Carrying (Reported) Amount, Fair Value Disclosure
Assets
Cash and cash equivalents	39,587	51,787
Securities available for sale	338,469	366,173
Securities held to maturity	72,485	72,541
Loans held for investment, net of allowance	1,741,962	1,686,308
FDIC indemnification asset	18,787	20,844
Interest receivable	5,968	6,007
Deferred compensation assets	3,676	3,464
Liabilities
Federal funds purchased	18,000
Securities sold under agreements to repurchase	134,661	138,614
Interest payable	1,236	1,260
FHLB and other borrowings	80,756	80,756
Derivative financial liabilities	416	251
Deferred compensation liabilities	3,676	3,464
Carrying (Reported) Amount, Fair Value Disclosure | Demand Deposits
Liabilities
Deposits Fair Value	453,336	451,511
Carrying (Reported) Amount, Fair Value Disclosure | Interest-bearing Deposits
Liabilities
Deposits Fair Value	344,153	347,705
Carrying (Reported) Amount, Fair Value Disclosure | Savings Deposits
Liabilities
Deposits Fair Value	554,083	530,585
Carrying (Reported) Amount, Fair Value Disclosure | Bank Time Deposits
Liabilities
Deposits Fair Value	523,093	543,458
Estimate of Fair Value, Fair Value Disclosure
Assets
Cash and cash equivalents	39,587	51,787
Securities available for sale	338,469	366,173
Securities held to maturity	72,943	72,490
Loans held for investment, net of allowance	1,762,447	1,685,061
FDIC indemnification asset	10,276	10,753
Interest receivable	5,968	6,007
Deferred compensation assets	3,676	3,464
Liabilities
Federal funds purchased	18,000
Securities sold under agreements to repurchase	136,985	140,880
Interest payable	1,236	1,260
FHLB and other borrowings	86,908	85,774
Derivative financial liabilities	416	251
Deferred compensation liabilities	3,676	3,464
Estimate of Fair Value, Fair Value Disclosure | Demand Deposits
Liabilities
Deposits Fair Value	453,336	451,511
Estimate of Fair Value, Fair Value Disclosure | Interest-bearing Deposits
Liabilities
Deposits Fair Value	344,153	347,705
Estimate of Fair Value, Fair Value Disclosure | Savings Deposits
Liabilities
Deposits Fair Value	554,083	530,585
Estimate of Fair Value, Fair Value Disclosure | Bank Time Deposits
Liabilities
Deposits Fair Value	523,600	541,059
Level 1
Assets
Cash and cash equivalents	39,587	51,787
Securities available for sale	54	54
Deferred compensation assets	3,676	3,464
Liabilities
Federal funds purchased	18,000
Deferred compensation liabilities	3,676	3,464
Level 2
Assets
Securities available for sale	338,415	366,119
Securities held to maturity	72,943	72,490
Loans held for investment, net of allowance	4,643	4,886
Interest receivable	5,968	6,007
Liabilities
Securities sold under agreements to repurchase	136,985	140,880
Interest payable	1,236	1,260
FHLB and other borrowings	86,908	85,774
Derivative financial liabilities	416	251
Level 2 | Demand Deposits
Liabilities
Deposits Fair Value	453,336	451,511
Level 2 | Interest-bearing Deposits
Liabilities
Deposits Fair Value	344,153	347,705
Level 2 | Savings Deposits
Liabilities
Deposits Fair Value	554,083	530,585
Level 2 | Bank Time Deposits
Liabilities
Deposits Fair Value	523,600	541,059
Level 3
Assets
Loans held for investment, net of allowance	1,757,804	1,680,175
FDIC indemnification asset	$ 10,276	$ 10,753

Off-Balance Sheet Financial Ins

Off-Balance Sheet Financial Instruments (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments to extend credit	$ 242,581	$ 235,302
Standby letters of credit and financial guarantees	7,556	7,765
Total off-balance sheet risk	250,137	243,067
Reserve for unfunded commitments	$ 326	$ 326

Litigation, Commitments and C85

Litigation, Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Commitments and Contingencies Disclosure [Line Items]
Commitments to extend credit	$ 242,581	$ 235,302
Trust preferred securities	15,460
Total FHLB Borrowings
Commitments and Contingencies Disclosure [Line Items]
Commitments to extend credit	$ 22,690	$ 22,690

Calculation for Basic and Dilut

Calculation for Basic and Diluted Earnings per Common Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Calculation For Basic And Diluted Earnings Per Common Share [Line Items]
Net income	$ 6,084	$ 5,958
Dividends on preferred stock		105
Net income available to common shareholders	$ 6,084	$ 5,853
Weighted average common shares outstanding, basic	17,859,197	18,633,574
Convertible preferred stock		677,043
Contingently issuable shares		11,411
Total dilutive effect of potential common shares	33,334	710,869
Weighted average common shares outstanding, diluted	17,892,531	19,344,443
Basic earnings per common share	$ 0.34	$ 0.31
Diluted earnings per common share	$ 0.34	$ 0.31
Total potential antidilutive shares	148,344	136,382
Stock Options
Calculation For Basic And Diluted Earnings Per Common Share [Line Items]
Stock attributable to share based compensation	27,159	21,159
Total potential antidilutive shares	119,727	136,382
Restricted Stock
Calculation For Basic And Diluted Earnings Per Common Share [Line Items]
Stock attributable to share based compensation	6,175	1,256
Total potential antidilutive shares	28,617

Earnings per Share - Additional

Earnings per Share - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Calculation For Basic And Diluted Earnings Per Common Share [Line Items]
Each share convertible into shares	69
Redemption of preferred stock, shares		2,367
Redemption of preferred stock		$ 2,367
Series A Preferred Stock
Calculation For Basic And Diluted Earnings Per Common Share [Line Items]
Dividend Rate	6.00%
Number of preferred stock converted	12,784
Redemption of preferred stock, shares	2,367
Redemption of preferred stock	$ 2,370
Accrued and unpaid dividends	$ 9