Carolina Financial (CARO) 10-Q 10 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 08, 2018
Document And Entity Information
Entity Registrant Name	CAROLINA FINANCIAL CORP
Entity Central Index Key	870,385
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	Yes
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		21,059,534
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,018

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 25,761	$ 25,254
Interest-bearing cash	35,603	55,998
Cash and cash equivalents	61,364	81,252
Securities available-for-sale (cost of $755,086 at March 31, 2018 and $736,975 at December 31, 2017)	753,363	743,239
Federal Home Loan Bank stock, at cost	17,913	19,065
Other investments	3,432	3,446
Derivative assets	4,913	2,803
Loans held for sale	24,618	35,292
Loans receivable, net of allowance for loan losses of $12,708 at March 31, 2018 and $11,478 at December 31, 2017	2,367,310	2,308,050
Premises and equipment, net	62,593	61,407
Accrued interest receivable	11,502	11,992
Real estate acquired through foreclosure, net	1,963	3,106
Deferred tax assets, net	4,952	2,436
Mortgage servicing rights	21,719	21,003
Cash value life insurance	57,604	57,195
Core deposit intangible	18,795	19,601
Goodwill	127,592	127,592
Other assets	13,443	21,538
Total assets	3,553,076	3,519,017
Liabilities [Abstract]
Noninterest-bearing deposits	547,744	525,615
Interest-bearing deposits	2,129,225	2,079,314
Total deposits	2,676,969	2,604,929
Short-term borrowed funds	308,500	340,500
Long-term debt	67,303	72,259
Derivative liabilities	164	156
Drafts outstanding	10,133	7,324
Advances from borrowers for insurance and taxes	3,302	3,005
Accrued interest payable	1,288	1,126
Reserve for mortgage repurchase losses	1,742	1,892
Dividends payable to shareholders	1,053	1,051
Accrued expenses and other liabilities	7,576	11,394
Total Liability	3,078,030	3,043,636
Stockholders' equity:
Preferred stock, par value $.01; 1,000,000 shares authorized at March 31, 2018 and December 31, 2017; no shares issued or outstanding
Common stock, par value $.01; 25,000,000 shares authorized at March 31, 2018 and December 31, 2017; 21,057,539 and 21,022,202 issued and outstanding at March 31, 2018 and December 31, 2017, respectively	211	210
Additional paid-in capital	348,621	348,037
Retained earnings	126,262	123,537
Accumulated other comprehensive income (loss)	(48)	3,597
Total stockholders' equity	475,046	475,381
Total liabilities and stockholders' equity	$ 3,553,076	$ 3,519,017

CONSOLIDATED BALANCE SHEETS (U3

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Securities available for sale at cost	$ 755,086	$ 736,975
Loans, allowance for loan losses	$ 12,708	$ 11,478
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	21,057,539	21,022,202
Common stock, shares outstanding	21,057,539	21,022,202

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Interest income
Loans	$ 31,663	$ 14,968
Investment securities	5,707	2,553
Dividends from Federal Home Loan Bank stock	175	101
Other interest income	131	48
Total interest income	37,676	17,670
Interest expense
Deposits	3,642	1,692
Short-term borrowed funds	1,253	355
Long-term debt	650	353
Total interest expense	5,545	2,400
Net interest income	32,131	15,270
Provision for loan losses
Net interest income after provision for loan losses	32,131	15,270
Noninterest income
Mortgage banking income	3,801	3,608
Deposit service charges	2,024	858
Net gain on sale of securities	(697)	185
Fair value adjustments on interest rate swaps	803	(58)
Net increase in cash value life insurance	390	211
Mortgage loan servicing income	2,025	1,566
Other	1,702	861
Total noninterest income	10,048	7,231
Noninterest expense
Salaries and employee benefits	13,668	8,609
Occupancy and equipment	3,652	2,182
Marketing and public relations	376	381
FDIC insurance	255	100
Recovery of mortgage loan repurchase losses	(150)	(225)
Legal expense	76	65
Other real estate (income) expense, net	(94)	20
Mortgage subservicing expense	565	486
Amortization of mortgage servicing rights	979	669
Merger related expenses	14,710	1,319
Other	3,561	1,980
Total noninterest expense	37,598	15,586
Income before income taxes	4,581	6,915
Income tax expense (benefit)	525	2,011
Net income	$ 4,056	$ 4,904
Earnings per common share:
Basic (per share)	$ 0.19	$ 0.35
Diluted (per share)	0.19	0.35
Dividend (per share)	$ 0.05	$ 0.04
Weighted average common shares outstanding:
Basic (in shares)	20,908,225	13,919,711
Diluted (in shares)	21,119,316	14,139,241

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Consolidated Statements Of Comprehensive Income
Net income	$ 4,056	$ 4,904
Other comprehensive income (loss), net of tax:
Unrealized (losses) gains on securities	(6,564)	3,474
Tax effect	1,641	(1,251)
Reclassification adjustment for gains included in earnings	697	(185)
Tax effect	(174)	67
Unrealized gain on interest rate swaps designated as cash flow hedges	1,007	138
Tax effect	(252)	(50)
Other comprehensive income (loss), net of tax	(3,645)	2,193
Comprehensive income	$ 411	$ 7,097

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Total
Beginning Balance at Dec. 31, 2016	$ 125	$ 66,156	$ 98,451	$ (1,542)	$ 163,190
Beginning Balance (in shares) at Dec. 31, 2016	12,548,328
Issuance of common stock, net of offering expenses	$ 18	47,653			47,671
Issuance of common stock, net of offering expenses (in shares)	1,807,143
Stock issued - Greer Bancshares Incorporated acquisition	$ 18	54,063			54,081
Stock issued - Greer Bancshares Incorporated acquisition (in shares)	1,784,831
Stock awards	$ 1	108			109
Stock awards (in shares)	60,031
Vested stock awards surrendered in cashless exercise		(186)	(251)		(437)
Vested stock awards surrendered in cashless exercise (in shares)	(14,925)
Stock-based compensation expense, net		319			319
Net income			4,904		4,904
Dividends declared to stockholders			(576)		(576)
Other comprehensive income, net of tax				2,193	2,193
Ending Balance at Mar. 31, 2017	$ 162	168,113	102,528	651	271,454
Ending Balance (in shares) at Mar. 31, 2017	16,185,408
Beginning Balance at Dec. 31, 2017	$ 210	348,037	123,537	3,597	475,381
Beginning Balance (in shares) at Dec. 31, 2017	21,022,202
Issuance of common stock, net of offering expenses					106
Stock awards	$ 1	105			106
Stock awards (in shares)	42,807
Vested stock awards surrendered in cashless exercise		(210)	(279)		(489)
Vested stock awards surrendered in cashless exercise (in shares)	(12,534)
Stock options exercised		56			56
Stock options exercised (in shares)	5,064
Stock-based compensation expense, net		633			633
Net income			4,056		4,056
Dividends declared to stockholders			(1,052)		(1,052)
Other comprehensive income, net of tax				(3,645)	(3,645)
Ending Balance at Mar. 31, 2018	$ 211	$ 348,621	$ 126,262	$ (48)	$ 475,046
Ending Balance (in shares) at Mar. 31, 2018	21,057,539

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net income	$ 4,056	$ 4,904
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for loan losses
Amortization of unearned discount/premiums on investments, net	1,289	834
Amortization of deferred loan fees	(788)	(251)
Accretion of acquired loans	(1,332)	(372)
Amortization of core deposit intangibles	806	133
Loss (gain) on sale of available-for-sale securities, net	697	(185)
Mortgage banking income	(3,801)	(3,608)
Originations of loans held for sale	(211,921)	(195,583)
Proceeds from sale of loans held for sale	226,396	209,466
Amortization of fair value adjustments on subordinated debentures	44
Recovery of mortgage loan repurchase losses	(150)	(225)
Mortgage repurchase loan losses paid, net of recoveries		(72)
Fair value adjustments on interest rate swaps	(803)	58
Stock-based compensation	633	319
Increase in cash surrender value of bank owned life insurance	(390)	(211)
Depreciation	964	568
Loss on disposals of premises and equipment		3
Gain on sale of real estate acquired through foreclosure	(92)	(6)
Originations of mortgage servicing assets	(1,695)	(1,429)
Amortization of mortgage servicing assets	979	669
Accrued interest receivable	490	(170)
Other assets	8,810	(5,156)
Increase (decrease) in:
Accrued interest payable	162	105
Dividends payable to shareholders	2	74
Accrued expenses and other liabilities	(3,747)	(1,031)
Cash flows (used in) provided by operating activities	19,043	8,834
Activity in available-for-sale securities:
Purchases	(93,296)	(85,787)
Maturities, payments and calls	21,324	11,877
Proceeds from sales	51,178	37,697
Increase in other investments		(7)
Decrease in Federal Home Loan Bank stock	1,152	189
Increase in loans receivable, net	(55,591)	(43,725)
Purchase of premises and equipment	(2,150)	(1,931)
Proceeds from sale of real estate acquired through foreclosure	1,252	29
Net cash received for acquisitions		37,622
Cash flows used in investing activities	(76,131)	(44,036)
Cash flows from financing activities:
Net increase in deposit accounts	72,040	38,394
Net increase in Federal Home Loan Bank advances	(37,000)	(8,000)
Net increase in drafts outstanding	2,809	906
Net increase in advances from borrowers for insurance and taxes	297	979
Cash dividends paid on common stock	(1,052)	(502)
Proceeds from issuance of common stock	106	47,671
Cash flows provided by financing activities	37,200	79,448
Net increase (decrease) in cash and cash equivalents	(19,888)	44,246
Cash and cash equivalents at beginning of year	81,252	24,352
Cash and cash equivalents at end of year	61,364	68,598
Supplemental disclosure
Cash paid for Interest on deposits and borrowed funds	5,383	2,037
Cash paid for Income taxes paid, net of refunds	24	19
Noncash investing and financing activities:
Transfer of loans receivable to real estate acquired through foreclosure	17	281
Acquisitions:
Fair value of tangible assets acquired		380,011
Other intangible assets acquired		4,480
Liabilities assumed		358,866
Net identifiable assets acquired over liabilities assumed		25,625
Common stock issued in acquisition		54,223
Goodwill		$ 33,020

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization Carolina Financial Corporation (“Carolina Financial” or the “Company”), incorporated under the laws of the State of Delaware, is a financial holding company with one wholly owned subsidiary, CresCom Bank (the “Bank”). CresCom Bank operates five wholly owned subsidiaries, Crescent Mortgage Company, Carolina Services Corporation of Charleston (“Carolina Services”), DTFS, Inc., CresCom Insurance, LLC and CresCom Leasing, LLC. The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, the Bank. In consolidation, all material intercompany accounts and transactions have been eliminated. The results of operations of the businesses acquired in transactions accounted for as purchases are included only from the dates of acquisition. All majority-owned subsidiaries are consolidated unless control is temporary or does not rest with the Company. At March 31, 2018, statutory business trusts (“Trusts”) created or acquired by the Company had outstanding trust preferred securities with an aggregate par value of $36.0 million. The principal assets of the Trusts are $37.1 million of the Company’s subordinated debentures with identical rates of interest and maturities as the trust preferred securities. The Trusts have issued $1,116,000 of common securities to the Company and are included in other investments in the accompanying consolidated balance sheets. The Trusts are not consolidated subsidiaries of the Company. Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all the information and notes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018. For further information, refer to the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017 as filed with the Securities and Exchange Commission (the “SEC”) on March 16, 2018. There have been no significant changes to the accounting policies as disclosed in the Company’s Form 10-K. Management’s Estimates The financial statements are prepared in accordance with GAAP, which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, including valuation for impaired loans, the valuation of real estate acquired in connection with foreclosure or in satisfaction of loans, the valuation of securities, the valuation of derivative instruments, the valuation of assets acquired and liabilities assumed in business combinations, the valuation of mortgage servicing rights, the determination of the reserve for mortgage loan repurchase losses, asserted and unasserted legal claims and deferred tax assets or liabilities. In connection with the determination of the allowance for loan losses and foreclosed real estate, management obtains independent appraisals for significant properties. Management must also make estimates in determining the estimated useful lives and methods for depreciating premises and equipment. Management uses available information to recognize losses on loans and foreclosed real estate. However, future additions to the allowance may be necessary based on changes in local economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the Bank’s allowance for loan losses and foreclosed real estate. Such agencies may require the Bank to recognize additions to the allowance based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the allowance for loan losses and valuation of foreclosed real estate may change materially in the near term. Earnings Per Share Basic earnings per share (“EPS”) represents income available to common stockholders divided by the weighted-average number of shares outstanding during the period. Diluted earnings per share reflects additional shares that would have been outstanding if dilutive potential shares had been issued. Potential shares that may be issued by the Company relate solely to outstanding stock options, restricted stock (non-vested shares), restricted stock units (“RSUs”) and warrants, and are determined using the treasury stock method. Under the treasury stock method, the number of incremental shares is determined by assuming the issuance of stock for the outstanding stock options, unvested restricted stock and RSUs, and warrants, reduced by the number of shares assumed to be repurchased from the issuance proceeds, using the average market price for the period of the Company’s stock. Subsequent Events Subsequent events are material events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Non-recognized subsequent events are events that provide evidence about conditions that did not exist at the date of the statement of financial condition but arose after that date. Management has reviewed events occurring through the date the financial statements were issued and no subsequent events occurred requiring accrual or disclosure except as follows: On April 25, 2018, the Company declared a $0.06 dividend per common share, payable on July 6, 2018, to stockholders of record on June 15, 2018. On May 2, 2018, the Company’s stockholders approved an amendment to its Certificate of Incorporation that increases the number of authorized common shares from 25,000,000 to 50,000,000. Reclassification Certain reclassifications of accounts reported for previous periods have been made in these consolidated financial statements. Such reclassifications had no effect on stockholders’ equity or the net income as previously reported. Recently Adopted Accounting Pronouncements During the first quarter of 2018, the Company adopted Accounting Standards Update (“ASU”) No. 2016-01, “Recognition and Measurement of Financial Assets and Liabilities. Note 8 - Estimated Fair Value of Financial Instruments In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent considerations (Reporting Revenue Gross versus Net) In May 2017, the FASB issued ASU No. 2017-09, Compensation-Stock Compensation (Topic 718) Recently Issued Accounting Pronouncements In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities In March 2017, the FASB issued ASU No. 2017-08, Receivables-Nonrefundable Fees and Other Cost (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities In January 2017, the FASB issued ASU No. 2017-04, Intangible-Goodwill and other (Topic 350): Simplifying the Test for Goodwill Impairment In June 2016, the FASB ASU No. 2016-13 , Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.

BUSINESS COMBINATION

BUSINESS COMBINATION	3 Months Ended
	Mar. 31, 2018
Acquisitions:
BUSINESS COMBINATION	NOTE 2 – BUSINESS COMBINATIONS On November 1, 2017, the Company acquired all of the common stock of First South Bancorp, Inc., the holding company for First South Bank (“First South”). Under the terms of the merger agreement, each share of First South common stock was converted into the right to receive 0.5064 shares of the Company’s common stock. The following table presents a summary of total consideration paid by the Company at the acquisition date (dollars in thousand). Common stock issued (4,822,540 shares at $36.85 per share) $ 177,711 Cash in lieu of fractional shares and fair value of stock options 983 Total consideration paid $ 178,694 The assets acquired and liabilities assumed from First South were recorded at their fair value as of the closing date of the merger. Fair values were preliminary and subject to refinement for up to one year after the closing date of the acquisition as additional information regarding the closing date fair values became available. Goodwill of $90.3 million was recorded at the time of the acquisition. The following table summarizes the consideration paid by the Company in the merger with First South and the amounts of the assets acquired and liabilities assumed recognized at the acquisition date. November 1, 2017 As Reported by Fair Value As Recorded by Assets (In thousands) Cash and cash equivalents $ 66,109 — 66,109 Securities available-for-sale 186,038 — 186,038 Federal Home Loan Bank stock 1,593 — 1,593 Loans held for sale 1,282 — 1,282 Loans receivable 783,779 (24,620 )(a) 759,159 Allowance for loan losses (9,495 ) 9,495 (b) — Premises and equipment 10,761 1,500 (c) 12,261 Foreclosed assets 1,922 (556 )(d) 1,366 Core deposit intangible 1,410 11,090 (e) 12,500 Deferred tax asset, net 3,961 238 (f) 4,199 Other assets 33,552 (3,417 )(g) 30,135 Total assets acquired $ 1,080,912 (6,270 ) 1,074,642 Liabilities Deposits $ 952,573 78 (h) 952,651 Borrowings 26,810 (1,439 )(i) 25,371 Other liabilities 8,515 (284 )(j) 8,231 Total liabilities assumed $ 987,898 (1,645 ) 986,253 Net identifiable assets acquired over liabilities assumed 88,389 Total consideration paid 178,694 Goodwill $ 90,305 Explanation of fair value adjustments: (a) Represents the amount necessary to adjust loans to their fair value due to interest rate and credit factors. (b) Reflects the elimination of First South's historical allowance for loan losses. (c) Reflects fair value adjustments on acquired branch and administrative offices based on the Company's assessment. (d) Reflects the impact of acquisition accounting fair value adjustments. (e) Reflects the fair value adjustment to record the estimated core deposit intangible based on the Company's assessment. (f) Reflects the tax impact of acquisition accounting fair value adjustments. (g) Reflects the fair value adjustment based on the Company's evaluation of acquired other assets. (h) Represents the fair value adjustment due to interest rate factors. (i) Represents the fair value adjustment due to interest rate factors. (j) Reflects the fair value adjustment based on the Company's evaluation of acquired other liabilities. Acquisition of Greer Bancshares Incorporated On March 18, 2017, the Company completed its acquisition of Greer Bancshares Incorporated (“Greer”), the holding company for Greer State Bank. Under the terms of the merger agreement, each share of Greer common stock was converted into the right to receive $18.00 in cash or 0.782 shares of the Company’s common stock, or a combination thereof, subject to certain limitations. The following table presents a summary of total consideration paid by the Company at the acquisition date (dollars in thousand). Common stock issued (1,789,523 shares at $30.30 per share) $ 54,223 Cash payments to common stockholders 4,422 Total consideration paid $ 58,645 The assets acquired and liabilities assumed from Greer were recorded at their fair value as of the closing date of the merger. Fair values were preliminary and subject to refinement for up to one year after the closing date of the acquisition as additional information regarding the closing date fair values became available. Goodwill of $33.0 million was recorded at the time of the acquisition. The following table summarizes the consideration paid by the Company in the merger with Greer and the amounts of the assets acquired and liabilities assumed recognized at the acquisition date. As Reported Fair Value As Recorded by March 18, 2017 by Greer Adjustments the Company Assets (In thousands) Cash and cash equivalents $ 42,187 — 42,187 Securities available for sale 121,374 — 121,374 Loans held for sale 105 — 105 Loans receivable 205,209 (10,559 )(a) 194,650 Allowance for loan losses (3,198 ) 3,198 (b) — Premises and equipment 3,928 4,202 (c) 8,130 Foreclosed assets 42 — 42 Core deposit intangible — 4,480 (d) 4,480 Deferred tax asset, net 3,831 (1,434) (e) 2,397 Other assets 11,367 (241) (f) 11,126 Total assets acquired $ 384,845 (354 ) 384,491 Liabilities Deposits $ 310,866 200 (g) 311,066 Borrowings 43,712 (3,510) (h) 40,202 Other liabilities 7,086 512 (i) 7,598 Total liabilities assumed $ 361,664 (2,798 ) 358,866 Net identifiable assets acquired over liabilities assumed 25,625 Total consideration paid 58,645 Goodwill $ 33,020 Explanation of fair value adjustments: (a) Adjustment represents the amount necessary to adjust loans to their fair value due to interest rate and credit factors. (b) Adjustment reflects the elimination of Greer's historical allowance for loan losses. (c) Adjustment reflects fair value adjustments on acquired branch and administrative offices based on third party appraisals. (d) Adjustment reflects the fair value adjustment to record the estimated core deposit intangible based on the Company's third party valuation report. (e) Adjustment reflects the tax impact of acquisition accounting fair value adjustments. (f) Adjustment reflects the fair value adjustment based on the Company's evaluation of acquired other assets. (g) Adjustment represents the fair value adjustment due to interest rate factors. (h) Adjustment represents the fair value adjustment due to interest rate factors. (i) Adjustment reflects the fair value adjustment based on the Company's evaluation of acquired other liabilities.

SECURITIES

SECURITIES	3 Months Ended
	Mar. 31, 2018
Investments, Debt and Equity Securities [Abstract]
SECURITIES	NOTE 3 – SECURITIES The amortized cost, gross unrealized gains, gross unrealized losses and fair value of securities available-for-sale at March 31, 2018 and December 31, 2017 follows: March 31, 2018 December 31, 2017 Gross Gross Gross Gross Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value Securities available-for-sale: (In thousands) Municipal securities $ 207,088 2,632 (1,562 ) 208,158 240,904 6,790 (344 ) 247,350 US government agencies 16,111 — (45 ) 16,066 11,983 34 (9 ) 12,008 Collateralized loan obligations 134,590 596 (2 ) 135,184 128,080 581 (18 ) 128,643 Corporate securities 6,896 85 — 6,981 6,891 115 — 7,006 Mortgage-backed securities: Agency 234,171 431 (2,989 ) 231,613 243,075 1,234 (714 ) 243,595 Non-agency 145,018 551 (1,079 ) 144,490 94,834 551 (260 ) 95,125 Total mortgage-backed securities 379,189 982 (4,068 ) 376,103 337,909 1,785 (974 ) 338,720 Trust preferred securities 11,212 1,763 (2,104 ) 10,871 11,208 1,132 (2,828 ) 9,512 Total $ 755,086 6,058 (7,781 ) 753,363 736,975 10,437 (4,173 ) 743,239 The Company had no held-to-maturity securities as of March 31, 2018 or December 31, 2017. The amortized cost and fair value of debt securities by contractual maturity at March 31, 2018 follows: At March 31, 2018 Amortized Fair Cost Value (In thousands) Securities available-for-sale: Less than one year $ 2,309 2,307 One to five years 14,730 14,660 Six to ten years 127,688 127,518 After ten years 610,359 608,878 Total $ 755,086 753,363 The contractual maturity dates of the securities were used for mortgage-backed securities and asset-backed securities. No estimates were made to anticipate principal repayments. The following table summarizes the gross realized gains and losses from sales of investment securities available-for-sale for the periods indicated. For the Three Months Ended March 31, 2018 2017 (In thousands) Proceeds $ 51,178 37,697 Realized gains $ 14 373 Realized losses (711 ) (188 ) Total investment securities (losses) $ (697 ) 185 At March 31, 2018, the Company had no securities pledged for Federal Home Loan Bank (“FHLB”) advances. At March 31, 2018, the Company has pledged $184.6 million of securities to secure public agency funds. At March 31, 2018, the Company had $208.4 million of securities pledged for FRB advances. The following tables summarize gross unrealized losses on investment securities and the fair market value of the related securities at March 31, 2018 and December 31, 2017, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position. At March 31, 2018 Less than 12 Months 12 Months or Greater Total Amortized Fair Unrealized Amortized Fair Unrealized Amortized Fair Unrealized Cost Value Losses Cost Value Losses Cost Value Losses (In thousands) Available-for-sale: Municipal securities $ 86,402 85,077 (1,325 ) 3,589 3,352 (237 ) 89,991 88,429 (1,562 ) US government agencies $ 16,111 16,066 (45 ) — — — 16,111 16,066 (45 ) Collateralized loan obligations 5,000 4,998 (2 ) — — — 5,000 4,998 (2 ) Mortgage-backed securities: Agency 181,577 178,988 (2,589 ) 16,616 16,216 (400 ) 198,193 195,204 (2,989 ) Non-agency 89,740 88,782 (958 ) 9,177 9,056 (121 ) 98,917 97,838 (1,079 ) Total mortgage-backed securities 271,317 267,770 (3,547 ) 25,793 25,272 (521 ) 297,110 293,042 (4,068 ) Trust preferred securities — — — 8,483 6,379 (2,104 ) 8,483 6,379 (2,104 ) Total $ 378,830 373,911 (4,919 ) 37,865 35,003 (2,862 ) 416,695 408,914 (7,781 ) At December 31, 2017 Less than 12 Months 12 Months or Greater Total Amortized Fair Unrealized Amortized Fair Unrealized Amortized Fair Unrealized Cost Value Losses Cost Value Losses Cost Value Losses (In thousands) Available-for-sale: Municipal securities $ 23,849 23,631 (218 ) 3,606 3,480 (126 ) 27,455 27,111 (344 ) US government agencies 1,681 1,672 (9 ) — — — 1,681 1,672 (9 ) Collateralized loan obligations 23,000 22,982 (18 ) — — — 23,000 22,982 (18 ) Mortgage-backed securities: Agency 107,501 107,011 (490 ) 17,484 17,260 (224 ) 124,985 124,271 (714 ) Non-agency 21,874 21,704 (170 ) 9,889 9,799 (90 ) 31,763 31,503 (260 ) Total mortgage-backed securities 129,375 128,715 (660 ) 27,373 27,059 (314 ) 156,748 155,774 (974 ) Trust preferred securities — — — 8,516 5,688 (2,828 ) 8,516 5,688 (2,828 ) Total $ 177,905 177,000 (905 ) 39,495 36,227 (3,268 ) 217,400 213,227 (4,173 ) The Company reviews its investment securities portfolio at least quarterly and more frequently when economic conditions warrant, assessing whether there is any indication of other-than-temporary impairment (“OTTI”). Factors considered in the review include estimated future cash flows, length of time and extent to which market value has been less than cost, the financial condition and near term prospect of the issuer, and our intent and ability to retain the security to allow for an anticipated recovery in market value. If the review determines that there is OTTI, then an impairment loss is recognized in earnings equal to the difference between the investment’s cost and its fair value at the balance sheet date of the reporting period for which the assessment is made, or a portion may be recognized in other comprehensive income. The fair value of investments on which OTTI is recognized then becomes the new cost basis of the investment. At March 31, 2018 and December 31, 2017, the Company had 218 and 135, respectively, individual investments available-for-sale that were in an unrealized loss position. The unrealized losses on the Company’s investments in US government-sponsored agencies, municipal securities, mortgage-backed securities (agency and non-agency), and trust preferred securities summarized above were attributable primarily to changes in interest rates. Management has performed various analyses, including cash flows testing as needed, and determined that no OTTI expense was necessary during 2018 or 2017.

DERIVATIVES

DERIVATIVES	3 Months Ended
	Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	NOTE 4 – DERIVATIVES In the ordinary course of business, the Company enters into various types of derivative transactions. For its related mortgage banking activities, the Company holds derivative instruments, which consist of rate lock agreements related to expected funding of fixed-rate mortgage loans to customers (interest rate lock commitments) and forward commitments to sell mortgage-backed securities and individual fixed-rate mortgage loans. The Company’s objective in obtaining the forward commitments is to mitigate the interest rate risk associated with the interest rate lock commitments and the mortgage loans that are held for sale. Derivative instruments not related to mortgage banking activities primarily relate to interest rate swap agreements. The derivative positions of the Company at March 31, 2018 and December 31, 2017 are as follows: At March 31, At December 31, 2018 2017 Fair Notional Fair Notional Value Value Value Value (In thousands) Derivative assets: Cash flow hedges: Interest rate swaps $ 1,651 55,000 644 45,000 Non-hedging derivatives: Interest rate swaps 1,673 45,000 964 50,000 Mortgage loan interest rate lock commitments 1,380 121,760 890 98,584 Mortgage loan forward sales commitments 209 13,227 305 23,401 Total derivative assets $ 4,913 234,987 2,803 216,985 Derivative liabilities: Interest rate swaps $ 32 15,000 95 5,000 Mortgage-backed securities forward sales commitments 132 87,330 61 75,000 Total derivative liabilities $ 164 102,330 156 80,000 Non-Designated Hedges Derivative Loan Commitments and Forward Sales Commitments The Company enters into mortgage loan commitments that are also referred to as derivative loan commitments, if the loan that will result from exercise of the commitment will be held for sale upon funding. The Company enters into commitments to fund residential mortgage loans at specified rates and times in the future, with the intention that these loans will subsequently be sold in the secondary market. Outstanding derivative loan commitments expose the Company to the risk that the price of the loans arising from exercise of the loan commitment might decline from inception of the rate lock to funding of the loan due to increases in mortgage interest rates. If interest rates increase, the value of these loan commitments typically decreases. Conversely, if interest rates decrease, the value of these loan commitments typically increases. To protect against the price risk inherent in derivative loan commitments, the Company utilizes both “mandatory delivery” and “best efforts” forward loan sale commitments to mitigate the risk of potential decreases in the values of loans that would result from the exercise of the derivative loan commitments. With a “mandatory delivery” contract, the Company commits to deliver a certain principal amount of mortgage loans to an investor at a specified price on or before a specified date. If the Company fails to deliver the amount of mortgages necessary to fulfill the commitment by the specified date, it is obligated to pay a “pair-off” fee, based on then-current market prices, to the investor to compensate the investor for the shortfall. With a “best efforts” contract, the Company commits to deliver an individual mortgage loan of a specified principal amount and quality to an investor if the loan to the underlying borrower closes. Generally, the price the investor will pay the seller for an individual loan is specified prior to the loan being funded (e.g., on the same day the lender commits to lend funds to a potential borrower). The Company expects that these forward loan sale commitments will experience changes in fair value opposite to the change in fair value of derivative loan commitments. Derivatives related to these commitments are recorded as either a derivative asset or a derivative liability on the balance sheet and are measured at fair value. Both the interest rate lock commitments and the forward commitments are reported at fair value, with adjustments recorded in current period earnings in “mortgage banking income” within noninterest income in the consolidated statements of operations. Interest Rate Swaps The Company enters into interest rate swaps that do not meet the hedge accounting requirements and are recorded at fair value as a derivative asset or liability. Interest rate swaps that are not designated as hedges are primarily used to more closely match the interest rate characteristics of assets and liabilities and to mitigate the risks arising from timing mismatches between assets and liabilities including duration mismatches. Fair value changes are recognized in noninterest income as “fair value adjustments on interest rate swaps.” Cash Flow Hedges of Interest Rate Risk The Company’s objectives in using certain interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. The Company has entered into interest rate swaps to reduce the exposure to variability in interest-related cash outflows attributable to changes in forecasted LIBOR-based FHLB borrowings. These derivative instruments are designated as cash flow hedges. The hedged item is the LIBOR portion of the series of future adjustable rate borrowings over the term of the interest rate swap. Accordingly, changes to the amount of interest payment cash flows for the hedged transactions attributable to a change in credit risk are excluded from our assessment of hedge effectiveness. The Company tests for hedging effectiveness on a quarterly basis. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. The Company has not recorded any hedge ineffectiveness since inception. Risk Management Objective of Using Derivatives When using derivatives to hedge fair value and cash flow risks, the Company exposes itself to potential credit risk from the counterparty to the hedging instrument. This credit risk is normally a small percentage of the notional amount and fluctuates as interest rates change. The Company analyzes and approves credit risk for all potential derivative counterparties prior to execution of any derivative transaction. The Company seeks to minimize credit risk by dealing with highly rated counterparties and by obtaining collateralization for exposures above certain predetermined limits. If significant counterparty risk is determined, the Company would adjust the fair value of the derivative recorded asset balance to consider such risk.

LOANS RECEIVABLE, NET

LOANS RECEIVABLE, NET	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
LOANS RECEIVABLE, NET	NOTE 5 - LOANS RECEIVABLE, NET We emphasize a range of lending services, including commercial and residential real estate mortgage loans, real estate construction loans, commercial and industrial loans, commercial leases, and consumer loans. Our customers are generally individuals and small to medium-sized businesses and professional firms that are located in or conduct a substantial portion of their business in our market areas. We have focused our lending activities primarily on the professional market, including doctors, dentists, small business to medium-sized owners and commercial real estate developers. Certain credit risks are inherent in making loans. These include prepayment risks, risks resulting from uncertainties in the future value of collateral, risks resulting from changes in economic and industry conditions, and risks inherent in dealing with individual borrowers. We attempt to mitigate repayment risks by adhering to internal credit policies and procedures. These policies and procedures include officer and customer lending limits, with approval processes for larger loans, documentation examination, and follow-up procedures for any exceptions to credit policies. Our loan approval policies provide for various levels of officer lending authority. When the amount of aggregate loans to a single borrower exceeds the maximum senior officer’s lending authority, the loan request will be considered by the management loan committee, or MLC, which is comprised of four members, all of whom are part of the senior management team of the Bank. The MLC meets weekly to approve loans with total loan commitment relationships generally exceeding $2.0 million. The loan authority of the MLC is equal to two-thirds of the legal lending limit of the Bank which is equivalent to the in-house loan limit. Total credit exposure above the in-house limit requires approval by the majority of the board of directors. We do not make any loans to any director, executive officer of the Bank, or the related interests of each, unless the loan is approved by the full Board of Directors of the Bank and is on terms not more favorable than would be available to a person not affiliated with the Bank. The following is a description of the risk characteristics of the material loan portfolio segments: Residential Mortgage Loans and Home Equity Loans Commercial Real Estate Real Estate Construction and Development Loans. Commercial Loans. The Company’s primary markets are generally concentrated in real estate lending. However, in order to diversify our lending portfolio, the Company purchases nationally syndicated commercial and industrial loans. These loans typically have terms of seven years and are generally tied to a floating rate index such as LIBOR or prime. To effectively manage this line of business, the Company has an experienced senior lending executive with relevant experience to manage this area of this segment of the loan portfolio. In addition, the Company engaged a consulting firm that specializes in syndicated loans to assist in monitoring performance analytics. As of March 31, 2018 and December 31, 2017, there were approximately $86.7 million and $75.0 million in broadly syndicated loans outstanding. Syndicated loans are grouped within commercial business loans below. The Bank began originating leases, primarily on equipment utilized for business purposes, as a result of the First South acquisition. Lease terms generally range from 12 to 60 months and include options to purchase the leased equipment at the end of the lease. Most leases provide 100% of the cost of the equipment and are secured by the leased equipment. The Company requires the leased equipment to be insured and that we be listed as a loss payee and named as an additional insured on the insurance policy. We manage credit risk associated with our lease financing loan class based upon the dollar amount of the lease and the level of credit risk. We follow a formal review process that entails analysis of the following factors: equipment value/residual value, exposure levels, jurisdiction risk, industry risk, guarantor requirements, and regulatory compliance. As of March 31, 2018 and December 31, 2017, there were approximately $20.3 million and $24.0 million in lease receivables outstanding. Lease receivables are grouped within commercial business loans below. Consumer Loans. Loans receivable, net at March 31, 2018 and December 31, 2017 are summarized by category as follows: At March 31, At December 31, 2018 2017 % of Total % of Total All Loans: Amount Loans Amount Loans (Dollars in thousands) Loans secured by real estate: One-to-four family $ 689,249 28.96 % 665,774 28.70 % Home equity 89,492 3.76 % 90,141 3.89 % Commercial real estate 941,796 39.57 % 933,820 40.26 % Construction and development 311,044 13.07 % 294,793 12.71 % Consumer loans 17,752 0.75 % 19,990 0.86 % Commercial business loans 330,685 13.89 % 315,010 13.58 % Total gross loans receivable 2,380,018 100.00 % 2,319,528 100.00 % Less: Allowance for loan losses 12,708 11,478 Total loans receivable, net $ 2,367,310 2,308,050 Loans receivable, net at March 31, 2018 and December 31, 2017 for purchased non-credit impaired loans and nonacquired loans are summarized by category as follows: At March 31, At December 31, 2018 2017 Purchased Non-Credit Impaired Loans % of Total % of Total (ASC 310-20) and Nonpurchased Loans: Amount Loans Amount Loans (Dollars in thousands) Loans secured by real estate: One-to-four family $ 678,191 29.37 % 654,597 29.21 % Home equity 89,319 3.87 % 89,961 4.01 % Commercial real estate 900,181 38.98 % 891,469 39.77 % Construction and development 303,873 13.16 % 287,437 12.83 % Consumer loans 17,665 0.77 % 19,895 0.89 % Commercial business loans 319,759 13.85 % 297,754 13.29 % Total gross loans receivable 2,308,988 100.00 % 2,241,113 100.00 % Less: Allowance for loan losses 12,708 11,478 Total loans receivable, net $ 2,296,280 2,229,635 Loans receivable, net at March 31, 2018 and December 31, 2017 for purchased credit impaired loans are summarized by category below. At March 31, At December 31, 2018 2017 Purchased Credit Impaired % of Total % of Total Loans (ASC 310-30): Amount Loans Amount Loans (Dollars in thousands) Loans secured by real estate: One-to-four family $ 11,058 15.57 % 11,177 14.25 % Home equity 173 0.24 % 180 0.23 % Commercial real estate 41,615 58.59 % 42,351 54.01 % Construction and development 7,171 10.10 % 7,356 9.38 % Consumer loans 87 0.12 % 95 0.12 % Commercial business loans 10,926 15.38 % 17,256 22.01 % Total gross loans receivable 71,030 100.00 % 78,415 100.00 % Less: Allowance for loan losses — — Total loans receivable, net $ 71,030 78,415 Included in the loan totals, net of purchase discount, were $877.0 million and $962.3 million in loans acquired through acquisitions at March 31, 2018 and December 31, 2017, respectively. At March 31, 2018 and December 31, 2017, the purchase discount on acquired non-credit impaired loans was $15.3 million and $17.7 million, respectively. No allowance for loan losses related to the acquired loans is recorded on the acquisition date because the fair value of the loans acquired incorporates assumptions regarding credit risk. There are two methods to account for acquired loans as part of a business combination. Acquired loans that contain evidence of credit deterioration on the date of purchase are carried at the net present value of expected future proceeds in accordance with ASC 310-30 and are considered purchased credit impaired (“PCI”) loans. All other acquired loans are recorded at their initial fair value, adjusted for subsequent advances, pay downs, amortization or accretion of any premium or discount on purchase, charge-offs and any other adjustment to carrying value in accordance with ASC 310-20. PCI loans are aggregated into pools of loans based on common risk characteristics such as the type of loan, payment status, or collateral type. The Company estimates the amount and timing of expected cash flows for each purchased loan pool and the expected cash flows in excess of the amount paid are recorded as interest income over the remaining life of the pool (accretable yield). The excess of the pool’s contractual principal and interest over expected cash flows is not recorded (nonaccretable difference). Over the life of the loan pool, expected cash flows continue to be estimated. If the present value of expected cash flows is less than the carrying amount, a loss is recorded. If the present value of expected cash flows is greater than the carrying amount, it is recognized as part of future interest income. At March 31, 2018, the outstanding balance and recorded investment of PCI loans was $86.1 million and $71.0 million, respectively. At December 31, 2017, the outstanding balance and recorded investment of PCI loans was $93.8 million and $78.4 million, respectively. The following table presents changes in the value of PCI loans receivable for the three months ended March 31, 2018: For the Three Months Ended March 31, 2018 (In thousands) Balance at beginning of period $ 78,415 Net reductions for payments, foreclosures, and accretion (7,385 ) Balance at end of period $ 71,030 The following table presents changes in the value of the accretable yield for PCI loans for the three months ended March 31, 2018 (in thousands): For the Three Months Ended March 31, 2018 (In thousands) Accretable yield, beginning of period $ 12,536 Additions — Accretion (1,332 ) Reclassification from nonaccretable balance, net 3,196 Other changes, net 1,345 Accretable yield, end of period $ 15,745 The composition of gross loans outstanding, net of undisbursed amounts, by rate type is as follows: At March 31, At December 31, 2018 2017 (Dollars in thousands) Variable rate loans $ 735,602 30.91 % 807,748 34.82 % Fixed rate loans 1,644,416 69.09 % 1,511,780 65.18 % Total loans outstanding $ 2,380,018 100.00 % 2,319,528 100.00 % The following table presents activity in the allowance for loan losses for the period indicated. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Allowance for loan losses: For the Three Months Ended March 31, 2018 Loans Secured by Real Estate One-to- Commercial Construction four Home real and Commercial family equity estate development Consumer business Unallocated Total (In thousands) Balance, beginning of period $ 2,719 168 3,986 1,201 79 2,840 485 11,478 Provision for loan losses 286 50 187 (204 ) (35 ) (147 ) (137 ) — Charge-offs — — (34 ) (1 ) (9 ) (89 ) — (133 ) Recoveries 5 8 5 1,036 40 269 — 1,363 Balance, end of period $ 3,010 226 4,144 2,032 75 2,873 348 12,708 For the Three Months Ended March 31, 2017 Loans Secured by Real Estate One-to- Commercial Construction four Home real and Commercial family equity estate development Consumer business Unallocated Total (In thousands) Balance, beginning of period $ 2,636 197 3,344 1,132 80 2,805 494 10,688 Provision for loan losses (114 ) 39 244 (190 ) 35 (329 ) 315 — Charge-offs (17 ) — — — (9 ) — — (26 ) Recoveries 1 — 25 1 4 22 — 53 Balance, end of period $ 2,506 236 3,613 943 110 2,498 809 10,715 The following table disaggregates our allowance for loan losses and recorded investment in loans by impairment methodology. Loans Secured by Real Estate One-to- Commercial Construction four Home real and Commercial family equity estate development Consumer business Unallocated Total (In thousands) At March 31, 2018: Allowance for loan losses ending balances: Individually evaluated for impairment $ 189 29 51 534 — 12 — 815 Collectively evaluated for impairment 2,821 197 4,093 1,498 75 2,861 348 11,893 $ 3,010 226 4,144 2,032 75 2,873 348 12,708 Loans receivable ending balances: Individually evaluated for impairment $ 5,968 179 5,294 2,312 41 409 — 14,203 Collectively evaluated for impairment 672,223 89,140 894,887 301,561 17,624 319,350 — 2,294,785 Purchased Credit-Impaired Loans 11,058 173 41,615 7,171 87 10,926 — 71,030 Total loans receivable $ 689,249 89,492 941,796 311,044 17,752 330,685 — 2,380,018 At December 31, 2017: Allowance for loan losses ending balances: Individually evaluated for impairment $ 64 29 — — — 16 — 109 Collectively evaluated for impairment 2,655 139 3,986 1,201 79 2,824 485 11,369 $ 2,719 168 3,986 1,201 79 2,840 485 11,478 Loans receivable ending balances: Individually evaluated for impairment $ 3,435 108 4,811 318 26 285 — 8,983 Collectively evaluated for impairment 651,162 89,853 886,658 287,119 19,869 297,469 — 2,232,130 Purchased Credit-Impaired Loans 11,177 180 42,351 7,356 95 17,256 — 78,415 Total loans receivable $ 665,774 90,141 933,820 294,793 19,990 315,010 — 2,319,528 The following table presents impaired loans individually evaluated for impairment in the segmented portfolio categories and the corresponding allowance for loan losses as of March 31, 2018 and December 31, 2017. The recorded investment is defined as the original amount of the loan, net of any deferred costs and fees, less any principal reductions and direct charge-offs. Unpaid principal balance includes amounts previously included in charge-offs. At March 31, 2018 At December 31, 2017 Unpaid Unpaid Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment Balance Allowance (In thousands) With no related allowance recorded: Loans secured by real estate: One-to-four family $ 4,600 4,721 — 2,725 2,846 — Home equity 81 81 — — — — Commercial real estate 3,585 3,589 — 3,370 3,370 — Construction and development 724 724 — 318 318 — Consumer loans 41 41 — 26 26 — Commercial business loans 245 246 — 113 114 — 9,276 9,402 — 6,552 6,674 — With an allowance recorded: Loans secured by real estate: One-to-four family 1,368 1,368 189 710 710 64 Home equity 98 98 29 108 108 29 Commercial real estate 1,709 1,709 51 1,441 1,441 — Construction and development 1,588 1,588 534 — — — Consumer loans — — — — — — Commercial business loans 164 164 12 172 172 16 4,927 4,927 815 2,431 2,431 109 Total: Loans secured by real estate: One-to-four family 5,968 6,089 189 3,435 3,556 64 Home equity 179 179 29 108 108 29 Commercial real estate 5,294 5,298 51 4,811 4,811 — Construction and development 2,312 2,312 534 318 318 — Consumer loans 41 41 — 26 26 — Commercial business loans 409 410 12 285 286 16 $ 14,203 14,329 815 8,983 9,105 109 The following table presents the average recorded investment and interest income recognized on impaired loans individually evaluated for impairment in the segmented portfolio categories for the three months ended March 31, 2018 and 2017. For the Three Months Ended March 31, 2018 2017 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized (In thousands) With no related allowance recorded: Loans secured by real estate: One-to-four family $ 2,739 16 3,827 36 Home equity 20 1 541 3 Commercial real estate 3,483 81 4,070 136 Construction and development 408 3 491 — Consumer loans 28 1 20 1 Commercial business loans 168 5 38 17 6,846 107 8,987 193 With an allowance recorded: Loans secured by real estate: One-to-four family 1,372 11 597 3 Home equity 103 3 192 1 Commercial real estate 1,647 21 1,019 66 Construction and development 396 (4 ) — — Consumer loans — — — — Commercial business loans 168 2 217 6 3,686 33 2,025 76 Total: Loans secured by real estate: One-to-four family 4,111 27 4,424 39 Home equity 123 4 733 4 Commercial real estate 5,130 102 5,089 202 Construction and development 804 (1 ) 491 — Consumer loans 28 1 20 1 Commercial business loans 336 7 255 23 $ 10,532 140 11,012 269 A loan is considered past due if the required principal and interest payment has not been received as of the due date. The following schedule is an aging of past due loans receivable by portfolio segment as of March 31, 2018 and December 31, 2017. At March 31, 2018 Real Estate Loans One-to- Commercial Construction four Home real and Commercial family equity estate development Consumer business Total All Loans: (In thousands) 30-59 days past due $ 11,934 643 1,194 91 225 3,390 17,477 60-89 days past due 1,836 108 — 20 1 23 1,988 90 days or more past due 3,241 171 982 1,585 27 278 6,284 Total past due 17,011 922 2,176 1,696 253 3,691 25,749 Current 672,238 88,570 939,620 309,348 17,499 326,994 2,354,269 Total loans receivable $ 689,249 89,492 941,796 311,044 17,752 330,685 2,380,018 At March 31, 2018 Purchased Non-Credit Real Estate Loans Impaired Loans One-to- Commercial Construction (ASC 310-20) and four Home real and Commercial Nonpurchased Loans: family equity estate development Consumer business Total (In thousands) 30-59 days past due $ 10,978 607 926 (326 ) 225 165 12,575 60-89 days past due 1,796 108 — 8 1 23 1,936 90 days or more past due 2,516 162 982 457 27 278 4,422 Total past due 15,290 877 1,908 139 253 466 18,933 Current 662,901 88,442 898,273 303,734 17,412 319,293 2,290,055 Total loans receivable $ 678,191 89,319 900,181 303,873 17,665 319,759 2,308,988 At March 31, 2018 Real Estate Loans One-to- Commercial Construction Purchased Credit Impaired four Home real and Commercial Loans (ASC 310-30): family equity estate development Consumer business Total (In thousands) 30-59 days past due $ 956 $ 36 $ 268 $ 417 $ — $ 3,225 4,902 60-89 days past due 40 — — 12 — — 52 90 days or more past due 725 9 — 1,128 — — 1,862 Total past due 1,721 45 268 1,557 — 3,225 6,816 Current 9,337 128 41,347 5,614 87 7,701 64,214 Total loans receivable $ 11,058 173 41,615 7,171 87 10,926 71,030 At December 31, 2017 Real Estate Loans One-to- Commercial Construction four Home real and Commercial family equity estate development Consumer business Total (In thousands) 30-59 days past due $ 8,139 1,350 1,358 2,328 108 366 13,649 60-89 days past due 1,025 109 421 — 129 185 1,869 90 days or more past due 2,580 117 689 2,482 21 59 5,948 Total past due 11,744 1,576 2,468 4,810 258 610 21,466 Current 654,030 88,565 931,352 289,983 19,732 314,400 2,298,062 Total loans receivable $ 665,774 90,141 933,820 294,793 19,990 315,010 2,319,528 At December 31, 2017 Purchased Non-Credit Real Estate Loans Impaired Loans One-to- Commercial Construction (ASC 310-20) and four Home real and Commercial Nonpurchased Loans: family equity estate development Consumer business Total (In thousands) 30-59 days past due $ 7,874 1,319 1,112 2,315 108 366 13,094 60-89 days past due 1,000 109 421 — 129 185 1,844 90 days or more past due 1,894 108 689 1,297 21 59 4,068 Total past due 10,768 1,536 2,222 3,612 258 610 19,006 Current 643,829 88,425 889,247 283,825 19,637 297,144 2,222,107 Total loans receivable $ 654,597 89,961 891,469 287,437 19,895 297,754 2,241,113 At December 31, 2017 Real Estate Loans One-to- Commercial Construction Purchased Credit Impaired four Home real and Commercial Loans (ASC 310-30): family equity estate development Consumer business Total (In thousands) 30-59 days past due $ 265 31 246 13 — — 555 60-89 days past due 25 — — — — — 25 90 days or more past due 686 9 — 1,185 — — 1,880 Total past due 976 40 246 1,198 — — 2,460 Current 10,201 140 42,105 6,158 95 17,256 75,955 Total loans receivable $ 11,177 180 42,351 7,356 95 17,256 78,415 Loans are generally placed in nonaccrual status when the collection of principal and interest is 90 days or more past due, unless the obligation is both well-secured and in the process of collection. When interest accrual is discontinued, all unpaid accrued interest is reversed. Interest payments received while the loan is on nonaccrual are applied to the principal balance. No interest income was recognized on impaired loans subsequent to the nonaccrual status designation. A loan is returned to accrual status when the borrower makes consistent payments according to contractual terms and future payments are reasonably assured. The following is a schedule of loans receivable, by portfolio segment, on nonaccrual at March 31, 2018 and December 31, 2017. At March 31, At December 31, 2018 2017 Loans secured by real estate: (In thousands) One-to-four family $ 3,814 1,927 Home equity 192 108 Commercial real estate 2,154 1,540 Construction and development 2,045 51 Consumer loans 131 22 Commercial business loans 313 313 $ 8,649 3,961 The Company uses several metrics as credit quality indicators of current or potential risks as part of the ongoing monitoring of credit quality of its loan portfolio. The credit quality indicators are periodically reviewed and updated on a case-by-case basis. The Company uses the following definitions for the internal risk rating grades, listed from the least risk to the highest risk. Pass: Special mention: Substandard: Doubtful: The Company uses the following definitions in the tables below: Nonperforming: Performing: The following is a schedule of the credit quality of loans receivable, by portfolio segment, as of March 31, 2018 and December 31, 2017. At March 31, 2018 Real Estate Loans One-to- Commercial Construction four Home real and Commercial Total Loans: family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 681,727 89,192 908,739 302,873 17,456 324,515 2,324,502 Special Mention 2,031 29 25,714 3,277 133 5,061 36,245 Substandard 5,491 271 7,343 4,894 163 1,109 19,271 Total loans receivable $ 689,249 89,492 941,796 311,044 17,752 330,685 2,380,018 Performing $ 684,710 89,291 939,642 307,871 17,621 330,372 2,369,507 Nonperforming: 90 days past due still accruing 725 9 — 1,128 — — 1,862 Nonaccrual 3,814 192 2,154 2,045 131 313 8,649 Total nonperforming 4,539 201 2,154 3,173 131 313 10,511 Total loans receivable $ 689,249 89,492 941,796 311,044 17,752 330,685 2,380,018 At March 31, 2018 Purchased Non-Credit Real Estate Loans Impaired Loans One-to- Commercial Construction (ASC 310-20) and four Home real and Commercial Nonpurchased Loans: family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 674,209 89,127 896,462 301,573 17,429 318,496 2,297,296 Special Mention 25 — 1,428 75 100 950 2,578 Substandard 3,957 192 2,291 2,225 136 313 9,114 Total loans receivable $ 678,191 89,319 900,181 303,873 17,665 319,759 2,308,988 Performing $ 674,377 89,127 898,027 301,828 17,534 319,446 2,300,339 Nonperforming: 90 days past due still accruing — — — — — — — Nonaccrual 3,814 192 2,154 2,045 131 313 8,649 Total nonperforming 3,814 192 2,154 2,045 131 313 8,649 Total loans receivable $ 678,191 89,319 900,181 303,873 17,665 319,759 2,308,988 At March 31, 2018 Real Estate Loans One-to- Commercial Construction Purchased Credit Impaired four Home real and Commercial Loans (ASC 310-30): family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 7,518 65 12,277 1,300 27 6,019 27,206 Special Mention 2,006 29 24,286 3,202 33 4,111 33,667 Substandard 1,534 79 5,052 2,669 27 796 10,157 Total loans receivable $ 11,058 173 41,615 7,171 87 10,926 71,030 Performing $ 10,333 164 41,615 6,043 87 10,926 69,168 Nonperforming: 90 days past due still accruing 725 9 — 1,128 — — 1,862 Nonaccrual — — — — — — — Total nonperforming 725 9 — 1,128 — — 1,862 Total loans receivable $ 11,058 173 41,615 7,171 87 10,926 71,030 At December 31, 2017 Real Estate Loans One-to- Commercial Construction four Home real and Commercial Total Loans: family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 658,031 89,919 898,328 287,491 19,817 296,038 2,249,624 Special Mention 4,086 30 28,670 4,201 35 12,339 49,361 Substandard 3,657 192 6,822 3,101 138 6,633 20,543 Total loans receivable $ 665,774 90,141 933,820 294,793 19,990 315,010 2,319,528 Performing $ 663,161 90,024 932,280 293,557 19,968 314,697 2,313,687 Nonperforming: 90 days past due still accruing 686 9 — 1,185 — — 1,880 Nonaccrual 1,927 108 1,540 51 22 313 3,961 Total nonperforming 2,613 117 1,540 1,236 22 313 5,841 Total loans receivable $ 665,774 90,141 933,820 294,793 19,990 315,010 2,319,528 At December 31, 2017 Purchased Non-Credit Real Estate Loans Impaired Loans One-to- Commercial Construction (ASC 310-20) and four Home real and Commercial Nonpurchased Loans: family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 652,508 89,853 887,458 286,857 19,785 295,470 2,231,931 Special Mention — — 2,526 79 — 2,067 4,672 Substandard 2,089 108 1,485 501 110 217 4,510 Total loans receivable $ 654,597 89,961 891,469 287,437 19,895 297,754 2,241,113 Performing $ 652,670 89,853 889,929 287,386 19,873 297,441 2,237,152 Nonperforming: 90 days past due still accruing — — — — — — — Nonaccrual 1,927 108 1,540 51 22 313 3,961 Total nonperforming 1,927 108 1,540 51 22 313 3,961 Total loans receivable $ 654,597 89,961 891,469 287,437 19,895 297,754 2,241,113 At December 31, 2017 Real Estate Loans One-to- Commercial Construction Purchased Credit Impaired four Home real and Commercial Loans (ASC 310-30): family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 5,523 66 10,870 634 32 568 17,693 Special Mention 4,086 30 26,144 4,122 35 10,272 44,689 Substandard 1,568 84 5,337 2,600 28 6,416 16,033 Total loans receivable $ 11,177 180 42,351 7,356 95 17,256 78,415 Performing $ 10,491 171 42,351 6,171 95 17,256 76,535 Nonperforming: 90 days past due still accruing 686 9 — 1,185 — — 1,880 Nonaccrual — — — — — — — Total nonperforming 686 9 — 1,185 — — 1,880 Total loans receivable $ 11,177 180 42,351 7,356 95 17,256 78,415 There were no loans 90 days or more past due and still accruing at December 31, 2017. The Company is party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit. These instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the consolidated balance sheets. Troubled Debt Restructurings At March 31, 2018, there were $6.5 million in loans designated as troubled debt restructurings of which $5.1 million were accruing. At March 31, 2017, there were $6.6 million in loans designated as troubled debt restructurings of which $5.5 million were accruing. At December 31, 2017, there were $6.5 million in loans designated as troubled debt restructurings of which $5.3 million were accruing. There was one loan with a premodification and post modification balance of $135,000 identified as a troubled debt restructuring during the three months ended March 31, 2018 due to an interest rate change. There was one loan with a premodification and post modification balance of $342,000 identified as a troubled debt restructuring during the three months ended March 31, 2017 due to a payment structure change. No loans previously restructured in the twelve months prior to March 31, 2018 and 2017 went into default during the three and three months ended March 31, 2018 and 2017.

REAL ESTATE ACQUIRED THROUGH FO

REAL ESTATE ACQUIRED THROUGH FORECLOSURE	3 Months Ended
	Mar. 31, 2018
Banking and Thrift [Abstract]
REAL ESTATE ACQUIRED THROUGH FORECLOSURE	NOTE 6 – REAL ESTATE ACQUIRED THROUGH FORECLOSURE The following presents summarized activity in real estate acquired through foreclosure for the periods ended March 31, 2018 and December 31, 2017: March 31, December 31, 2018 2017 (In thousands) Balance at beginning of period $ 3,106 1,179 Additions 17 2,554 Sales (1,160 ) (627 ) Write downs — — Balance at end of period $ 1,963 3,106 A summary of the composition of real estate acquired through foreclosure follows: At March 31, At December 31, 2018 2017 (In thousands) Real estate loans: One-to-four family $ 487 709 Construction and development 1,476 2,397 $ 1,963 3,106

DEPOSITS

DEPOSITS	3 Months Ended
	Mar. 31, 2018
Banking and Thrift [Abstract]
DEPOSITS	NOTE 7 - DEPOSITS Deposits outstanding by type of account at March 31, 2018 and December 31, 2017 are summarized as follows: At March 31, At December 31, 2018 2017 (In thousands) Noninterest-bearing demand accounts $ 547,744 525,615 Interest-bearing demand accounts 558,942 551,308 Savings accounts 212,249 213,142 Money market accounts 463,676 452,734 Certificates of deposit: Less than $250,000 791,789 755,887 $250,000 or more 102,569 106,243 Total certificates of deposit 894,358 862,130 Total deposits $ 2,676,969 2,604,929 The aggregate amount of brokered certificates of deposit was $114.5 million and $99.2 million at March 31, 2018 and December 31, 2017, respectively. Brokered certificates of deposit are included in the table above under certificates of deposit less than $250,000. The aggregate amount of institutional certificates of deposit was $50.9 million and $39.1 million at March 31, 2018 and December 31, 2017, respectively.

ESTIMATED FAIR VALUE OF FINANCI

ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS	NOTE 8 – ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS Current accounting literature requires disclosures about the fair value of all financial instruments whether or not recognized in the balance sheet, for which it is practicable to estimate the value. In cases where quoted market prices are not available, fair values are based on estimates using present value or other techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized through immediate settlement of the instrument. Certain items are specifically excluded from disclosure requirements, including the Company’s stock, premises and equipment, accrued interest receivable and payable and other assets and liabilities. The fair value of a financial instrument is an amount at which the asset or obligation could be exchanged in a current transaction between willing parties, other than in a forced sale. Fair values are estimated at a specific point in time based on relevant market information and information about the financial instruments. Because no market value exists for a significant portion of the financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. The Company has used management’s best estimate of fair value based on the above assumptions. Thus the fair values presented may not be the amounts that could be realized in an immediate sale or settlement of the instrument. In addition, any income taxes or other expenses that would be incurred in an actual sale or settlement are not taken into consideration in the fair values presented. The Company determines the fair value of its financial instruments based on the fair value hierarchy established under ASC 820-10, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the financial instrument’s fair value measurement in its entirety. There are three levels of inputs that may be used to measure fair value. The three levels of inputs of the valuation hierarchy are defined below: Level 1 Quoted prices (unadjusted) in active markets for identical assets and liabilities for the instrument or security to be valued. Level 1 assets include marketable equity securities as well as U.S. Treasury securities that are highly liquid and are actively traded in over-the-counter markets. Level 2 Observable inputs other than Level 1 quoted prices, such as quoted prices for similar assets and liabilities in active markets, quoted prices in markets that are not active, or model-based valuation techniques for which all significant assumptions are derived principally from or corroborated by observable market data. Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments and derivative contracts whose value is determined by using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. U.S. Government sponsored agency securities, mortgage-backed securities issued by U.S. Government sponsored enterprises and agencies, obligations of states and municipalities, collateralized mortgage obligations issued by U.S. Government sponsored enterprises, and mortgage loans held-for-sale are generally included in this category. Certain private equity investments that invest in publicly traded companies are also considered Level 2 assets. Level 3 Unobservable inputs that are supported by little, if any, market activity for the asset or liability. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow models and similar techniques, and may also include the use of market prices of assets or liabilities that are not directly comparable to the subject asset or liability. These methods of valuation may result in a significant portion of the fair value being derived from unobservable assumptions that reflect The Company’s own estimates for assumptions that market participants would use in pricing the asset or liability. This category primarily includes collateral-dependent impaired loans, other real estate, certain equity investments, and certain private equity investments. Cash and due from banks - The carrying amounts of these financial instruments approximate fair value. All mature within 90 days and present no anticipated credit concerns. Interest-bearing cash - The carrying amount of these financial instruments approximates fair value. Securities available-for-sale and securities held to maturity – Fair values for investment securities available-for-sale and securities held to maturity are based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. FHLB stock and other non-marketable equity securities - The carrying amount of these financial instruments approximates fair value. Mortgage loans held for sale – Mortgage loans held for sale are recorded at either fair value, if elected, or the lower of cost or fair value on an individual loan basis. Origination fees and costs for loans held for sale recorded at lower of cost or market are capitalized in the basis of the loan and are included in the calculation of realized gains and losses upon sale. Origination fees and costs are recognized in earnings at the time of origination for loans held for sale that are recorded at fair value. Fair value is derived from observable current market prices, when available, and includes loan servicing value. When observable market prices are not available, the Company uses judgment and estimates fair value using internal models, in which the Company uses its best estimates of assumptions it believes would be used by market participants in estimating fair value. Mortgage loans held for sale are classified within Level 2 of the valuation hierarchy. Loans receivable - During the first quarter of 2018, the Company adopted ASU 2016-01, “Recognition and Measurement of Financial Assets and Liabilities.” The amendments included within this standard, which are applied prospectively, require the Company to disclose fair value of financial instruments measured at amortized cost on the balance sheet to measure that fair value using an exit price notion. Prior to adopting the amendments included in the standard, the Company was allowed to measure fair value under an entry price notion. The entry price notion previously applied by the Company used a discounted cash flows technique to calculate the present value of expected future cash flows for a financial instrument. The exit price notion uses the same approach, but also incorporates other factors, such as enhanced credit risk, illiquidity risk and market factors that sometimes exist in exit prices in dislocated markets. As of March 31, 2018, the technique used by the Company to estimate the exit price of the loan portfolio consists of similar procedures to those used as of December 31, 2017, but with added emphasis on both illiquidity risk and credit risk not captured by the previously applied entry price notion. The fair value of the Company’s loan portfolio has always included a credit risk assumption in the determination of the fair value of its loans. This credit risk assumption is intended to approximate the fair value that a market participant would realize in a hypothetical orderly transaction. The Company’s loan portfolio is initially fair valued using a segmented approach. The Company divides its loan portfolio into the following categories: variable rate loans, impaired loans and all other loans. The results are then adjusted to account for credit risk as described above. However, under the new guidance, the Company believes a further credit risk discount must be applied through the use of a discounted cash flow model to compensate for illiquidity risk, based on certain assumptions included within the discounted cash flow model, primarily the use of discount rates that better capture inherent credit risk over the lifetime of a loan. This consideration of enhanced credit risk provides an estimated exit price for the Company’s loan portfolio. For variable-rate loans that reprice frequently and have no significant change in credit risk, fair values approximate carrying values. Fair values for impaired loans are estimated using discounted cash flow models or based on the fair value of the underlying collateral. As of December 31, 2017, the fair value of the Company’s loan portfolio includes a credit risk assumption in the determination of the fair value of its loans. This credit risk assumption is intended to approximate the fair value that a market participant would realize in a hypothetical orderly transaction. The Company’s loan portfolio is initially fair valued using a segmented approach. The Company divides its loan portfolio into the following categories: variable rate loans, impaired loans and all other loans. The results are then adjusted to account for credit risk. For variable-rate loans that reprice frequently and have no significant change in credit risk, fair values approximate carrying values. Fair values for impaired loans are estimated using discounted cash flow models or based on the fair value of the underlying collateral. For other loans, fair values are estimated using discounted cash flow models, using current market interest rates offered for loans with similar terms to borrowers of similar credit quality. The values derived from the discounted cash flow approach for each of the above portfolios are then further discounted to incorporate credit risk. The methods utilized to estimate the fair value of loans do not necessarily represent an exit price as of December 31, 2017. Loans receivable are classified within Level 3 of the valuation hierarchy. Accrued interest receivable - The carrying value approximates the fair value. Mortgage servicing rights - The Company initially measures servicing assets and liabilities retained related to the sale of residential loans held for sale (“mortgage servicing rights”) at fair value, if practicable. For subsequent measurement purposes, the Company measures servicing assets and liabilities based on the lower of cost or market. Deposits - The estimated fair value of demand deposits, savings accounts, and money market accounts is the amount payable on demand at the reporting date. The estimated fair value of fixed maturity certificates of deposits is estimated by discounting the future cash flows using rates currently offered for deposits of similar remaining maturities. Short-term borrowed funds - The carrying amounts of federal funds purchased, borrowings under repurchase agreements, and other short-term borrowings maturing within 90 days approximate their fair values. Estimated fair values of other short-term borrowings are estimated using discounted cash flow analyses based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements. Long-term debt - The estimated fair values of the Company’s long-term debt are estimated using discounted cash flow analyses based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements. Other Investments – The carrying value approximates the fair value. Derivative assets and liabilities – The primary use of derivative instruments are related to the mortgage banking activities of the Company. The Company’s wholesale mortgage banking subsidiary enters into interest rate lock commitments related to expected funding of residential mortgage loans at specified times in the future. Interest rate lock commitments that relate to the origination of mortgage loans that will be held-for-sale are considered derivative instruments under applicable accounting guidance. As such, The Company records its interest rate lock commitments and forward loan sales commitments at fair value, determined as the amount that would be required to settle each of these derivative financial instruments at the balance sheet date. In the normal course of business, the mortgage subsidiary enters into contractual interest rate lock commitments to extend credit, if approved, at a fixed interest rate and with fixed expiration dates. The commitments become effective when the borrowers “lock-in” a specified interest rate within the time frames established by the mortgage banking subsidiary. Market risk arises if interest rates move adversely between the time of the interest rate lock by the borrower and the sale date of the loan to an investor. To mitigate the effect of the interest rate risk inherent in providing interest rate lock commitments to borrowers, the mortgage banking subsidiary enters into best efforts forward sales contracts with third party investors. The forward sales contracts lock in a price for the sale of loans similar to the specific interest rate lock commitments. Both the interest rate lock commitments to the borrowers and the forward sales contracts to the investors that extend through to the date the loan may close are derivatives, and accordingly, are marked to fair value through earnings. In estimating the fair value of an interest rate lock commitment, the Company assigns a probability to the interest rate lock commitment based on an expectation that it will be exercised and the loan will be funded. The fair value of the interest rate lock commitment is derived from the fair value of related mortgage loans, which is based on observable market data and includes the expected net future cash flows related to servicing of the loans. The fair value of the interest rate lock commitment is also derived from inputs that include guarantee fees negotiated with the agencies and private investors, buy-up and buy-down values provided by the agencies and private investors, and interest rate spreads for the difference between retail and wholesale mortgage rates. Management also applies fall-out ratio assumptions for those interest rate lock commitments for which we do not close a mortgage loan. The fall-out ratio assumptions are based on the mortgage subsidiary’s historical experience, conversion ratios for similar loan commitments, and market conditions. While fall-out tendencies are not exact predictions of which loans will or will not close, historical performance review of loan-level data provides the basis for determining the appropriate hedge ratios. In addition, on a periodic basis, the mortgage banking subsidiary performs analysis of actual rate lock fall-out experience to determine the sensitivity of the mortgage pipeline to interest rate changes from the date of the commitment through loan origination, and then period end, using applicable published mortgage-backed investment security prices. The expected fall-out ratios (or conversely the “pull-through” percentages) are applied to the determined fair value of the unclosed mortgage pipeline in accordance with GAAP. Changes to the fair value of interest rate lock commitments are recognized based on interest rate changes, changes in the probability that the commitment will be exercised, and the passage of time. The fair value of the forward sales contracts to investors considers the market price movement of the same type of security between the trade date and the balance sheet date. These instruments are defined as Level 2 within the valuation hierarchy. Derivative instruments not related to mortgage banking activities interest rate swap agreements - Fair values for these instruments are based on quoted market prices, when available. As such, the fair value adjustments for derivatives with fair values based on quoted market prices are recurring Level 1. Commitments to extend credit – The carrying amounts of these commitments are considered to be a reasonable estimate of fair value because the commitments underlying interest rates are based upon current market rates. Accrued interest payable - The fair value approximates the carrying value. Off-balance sheet financial instruments – Contract values and fair values for off-balance sheet, credit-related financial instruments are based on estimated fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and counterparties’ credit standing. The carrying amount and estimated fair value of the Company’s financial instruments at March 31, 2018 and December 31, 2017 are as follows: At March 31, 2018 Carrying Fair Value Amount Total Level 1 Level 2 Level 3 Financial assets: (In thousands) Cash and due from banks $ 25,761 25,761 25,761 — — Interest-bearing cash 35,603 35,603 35,603 — — Securities available-for-sale 753,363 753,363 — 742,492 10,871 Federal Home Loan Bank stock 17,913 17,913 — — 17,913 Other investments 3,432 3,432 — — 3,432 Derivative assets 4,913 4,913 3,324 1,589 — Loans held for sale 24,618 24,618 — 24,618 — Loans receivable, net 2,367,310 2,380,824 — — 2,380,824 Accrued interest receivable 11,502 11,502 — 11,502 — Mortgage servicing rights 21,719 28,759 — — 28,759 Financial liabilities: Deposits 2,676,969 2,681,879 — 2,681,879 — Short-term borrowed funds 308,500 306,572 — 306,572 — Long-term debt 67,303 65,700 — 65,700 — Derivative liabilities 164 164 32 132 — Accrued interest payable 1,288 1,288 — 1,288 — At December 31, 2017 Carrying Fair Value Amount Total Level 1 Level 2 Level 3 Financial assets: (In thousands) Cash and due from banks $ 25,254 25,254 25,254 — — Interest-bearing cash 55,998 55,998 55,998 — — Securities available-for-sale 743,239 743,239 — 733,727 9,512 Federal Home Loan Bank stock 19,065 19,065 — — 19,065 Other investments 3,446 3,446 — — 3,446 Derivative assets 2,803 2,803 1,608 1,195 — Loans held for sale 35,292 35,292 — 35,292 — Loans receivable, net 2,308,050 2,311,088 — — 2,311,088 Accrued interest receivable 11,992 11,992 — 11,992 — Mortgage servicing rights 21,003 26,255 — — 26,255 Financial liabilities: Deposits 2,604,929 2,597,526 — 2,597,526 — Short-term borrowed funds 340,500 339,870 — 339,870 — Long-term debt 72,259 71,859 — 71,859 — Derivative liabilities 156 156 95 61 — Accrued interest payable 1,126 1,126 — 1,126 — At March 31, 2018 At December 31, 2017 Notional Estimated Notional Estimated Amount Fair Value Amount Fair Value Off-Balance Sheet Financial Instruments: (In thousands) Commitments to extend credit $ 439,454 — 422,065 — Standby letters of credit 3,547 — 4,449 — In determining appropriate levels, the Company performs a detailed analysis of the assets and liabilities that are subject to fair value disclosures. At each reporting period, all assets and liabilities for which the fair value measurement is based on significant unobservable inputs are classified as Level 3. Following is a description of valuation methodologies used for assets recorded at fair value on a recurring and non-recurring basis. Securities Available-for-Sale Measurement is on a recurring basis upon quoted market prices, if available. If quoted market prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for prepayment assumptions, projected credit losses, and liquidity. At March 31, 2018 and December 31, 2017, the Company’s investment securities available-for-sale are recurring Level 2 except for trust preferred securities which are determined to be Level 3. Mortgage Loans Held for Sale Mortgage loans held for sale are recorded at either fair value, if elected, or the lower of cost or fair value on an individual loan basis. Origination fees and costs for loans held for sale recorded at lower of cost or market are capitalized in the basis of the loan and are included in the calculation of realized gains and losses upon sale. Origination fees and costs are recognized in earnings at the time of origination for loans held for sale that are recorded at fair value. Fair value is derived from observable current market prices, when available, and includes loan servicing value. When observable market prices are not available, the Company uses judgment and estimates fair value using internal models, in which the Company uses its best estimates of assumptions it believes would be used by market participants in estimating fair value. Mortgage loans held for sale are classified within Level 2 of the valuation hierarchy. Derivative Assets and Liabilities The primary use of derivative instruments is related to the mortgage banking activities of the Company. The Company’s wholesale mortgage banking subsidiary enters into interest rate lock commitments related to expected funding of residential mortgage loans at specified times in the future. Interest rate lock commitments that relate to the origination of mortgage loans that will be held-for-sale are considered derivative instruments under applicable accounting guidance. As such, the Company records its interest rate lock commitments and forward loan sales commitments at fair value, determined as the amount that would be required to settle each of these derivative financial instruments at the balance sheet date. In the normal course of business, the mortgage subsidiary enters into contractual interest rate lock commitments to extend credit, if approved, at a fixed interest rate and with fixed expiration dates. The commitments become effective when the borrowers “lock-in” a specified interest rate within the time frames established by the mortgage banking subsidiary. Market risk arises if interest rates move adversely between the time of the interest rate lock by the borrower and the sale date of the loan to an investor. To mitigate the effect of the interest rate risk inherent in providing interest rate lock commitments to borrowers, the mortgage banking subsidiary enters into best efforts forward sales contracts with third party investors. The forward sales contracts lock in a price for the sale of loans similar to the specific interest rate lock commitments. Both the interest rate lock commitments to the borrowers and the forward sales contracts to the investors that extend through to the date the loan may close are derivatives, and accordingly, are marked to fair value through earnings. In estimating the fair value of an interest rate lock commitment, the Company assigns a probability to the interest rate lock commitment based on an expectation that it will be exercised and the loan will be funded. The fair value of the interest rate lock commitment is derived from the fair value of related mortgage loans, which is based on observable market data and includes the expected net future cash flows related to servicing of the loans. The fair value of the interest rate lock commitment is also derived from inputs that include guarantee fees negotiated with the agencies and private investors, buy-up and buy-down values provided by the agencies and private investors, and interest rate spreads for the difference between retail and wholesale mortgage rates. The Company also applies fall-out ratio assumptions for those interest rate lock commitments for which we do not close a mortgage loan. The fall-out ratio assumptions are based on the mortgage subsidiary’s historical experience, conversion ratios for similar loan commitments, and market conditions. While fall-out tendencies are not exact predictions of which loans will or will not close, historical performance review of loan-level data provides the basis for determining the appropriate hedge ratios. In addition, on a periodic basis, the mortgage banking subsidiary performs analysis of actual rate lock fall-out experience to determine the sensitivity of the mortgage pipeline to interest rate changes from the date of the commitment through loan origination, and then period end, using applicable published mortgage-backed investment security prices. The expected fall-out ratios (or conversely the “pull-through” percentages) are applied to the determined fair value of the unclosed mortgage pipeline in accordance with GAAP. Changes to the fair value of interest rate lock commitments are recognized based on interest rate changes, changes in the probability that the commitment will be exercised, and the passage of time. The fair value of the forward sales contracts to investors considers the market price movement of the same type of security between the trade date and the balance sheet date. These instruments are defined as Level 2 within the valuation hierarchy. Derivative instruments not related to mortgage banking activities include interest rate swap agreements. Fair values for these instruments are based on quoted market prices, when available. As such, the fair value adjustments for derivatives with fair values based on quoted market prices in an active market are recurring Level 1. Impaired Loans Loans that are considered impaired are recorded at fair value on a nonrecurring basis. Once a loan is considered impaired, the fair value is measured using one of several methods, including collateral liquidation value, market value of similar debt and discounted cash flows. Those impaired loans not requiring a specific charge against the allowance represent loans for which the fair value of the expected repayments or collateral meet or exceed the recorded investment in the loan. Loans which are deemed to be impaired are primarily valued on a nonrecurring basis at the fair value of the underlying real estate collateral. Such fair values are obtained using independent appraisals, which the Company considers to be Level 3 inputs. Other Real Estate Owned (“OREO”) OREO is carried at the lower of carrying value or fair value on a nonrecurring basis. Fair value is based upon independent appraisals or management’s estimation of the collateral and is considered a Level 3 measurement. When the OREO value is based upon a current appraisal or when a current appraisal is not available or there is estimated further impairment, the measurement is considered a Level 3 measurement. Mortgage Servicing Rights A mortgage servicing right asset represents the amount by which the present value of the estimated future net cash flows to be received from servicing loans are expected to more than adequately compensate the Company for performing the servicing. The Company initially measures servicing assets and liabilities retained related to the sale of residential loans held for sale (“mortgage servicing rights”) at fair value, if practicable. For subsequent measurement purposes, the Company measures servicing assets and liabilities based on the lower of cost or market on a quarterly basis. The quarterly determination of fair value of servicing rights is provided by a third party and is estimated using a present value cash flow model. The most important assumptions used in the valuation model are the anticipated rate of the loan prepayments and discount rates. Although some assumptions in determining fair value are based on standards used by market participants, some are based on unobservable inputs and therefore are classified in Level 3 of the valuation hierarchy. Assets and liabilities measured at fair value on a recurring basis are as follows as of March 31, 2018 and December 31, 2017: Quoted market Significant other Significant other price in active observable inputs unobservable inputs markets (Level 1) (Level 2) (Level 3) (In thousands) March 31, 2018 Available-for-sale investment securities: Municipal securities $ — 208,158 — US government agencies — 16,066 — Collateralized loan obligations — 135,184 — Corporate securities — 6,981 — Mortgage-backed securities: Agency — 231,613 — Non-agency — 144,490 — Trust Preferred Securities — — 10,871 Loans held for sale — 24,618 — Derivative assets: Cash flow hedges: Interest rate swaps 1,651 — — Non-hedging derivatives: Interest rate swaps 1,673 — — Mortgage loan interest rate lock commitments — 1,380 — Mortgage loan forward sales commitments — 209 — Derivative liabilities: Non-hedging derivatives: Interest rate swaps 32 — — Mortgage-backed securities forward sales commitments — 132 — Total $ 3,356 768,831 10,871 December 31, 2017 Available-for-sale investment securities: Municipal securities $ — 247,350 — US government agencies — 12,008 — Collateralized loan obligations — 128,643 — Corporate securities — 7,006 — Mortgage-backed securities: Agency — 243,595 — Non-agency — 95,125 — Trust preferred securities — — 9,512 Loans held for sale — 35,292 — Derivative assets: Cash flow hedges: Interest rate swaps 644 — — Non-hedging derivatives: Interest rate swaps 964 — — Mortgage loan interest rate lock commitments — 890 — Mortgage loan forward sales commitments — 305 — Derivative liabilities: Non-hedging derivatives: Interest rate swaps 95 — — Mortgage-backed securities forward sales commitments — 61 — Total $ 1,703 770,275 9,512 Assets measured at fair value on a nonrecurring basis are as follows as of March 31, 2018 and December 31, 2017: Quoted market Significant other Significant other price in active observable inputs unobservable inputs (Level 1) (Level 2) (Level 3) (In thousands) March 31, 2018 Impaired loans: Loans secured by real estate: One-to-four family $ — — 5,779 Home equity — — 150 Commercial real estate — — 5,243 Construction and development — — 1,778 Consumer loans — — 41 Commercial business loans — — 397 Real estate owned: One-to-four family — — 487 Construction and development — — 1,476 Mortgage servicing rights — — 28,759 Total $ — — 44,110 December 31, 2017 Impaired loans: Loans secured by real estate: One-to-four family $ — — 3,371 Home equity — — 79 Commercial real estate — — 4,811 Construction and development — — 318 Consumer loans — — 26 Commercial business loans — — 269 Real estate owned: One-to-four family 709 Construction and development — — 2,397 Mortgage servicing rights — — 26,255 Total $ — — 38,235 For Level 3 assets and liabilities measured at fair value on a nonrecurring basis as of March 31, 2018 and December 31, 2017, the significant unobservable inputs used in the fair value measurements were as follows: March 31, 2018 and December 31, 2017 Significant Significant Unobservable Valuation Technique Observable Inputs Inputs Impaired Loans Appraisal Value Appraisals and or sales of Appraisals discounted 10% to 20% for comparable properties sales commissions and other holding costs Real estate owned Appraisal Value/ Appraisals and or sales of Appraisals discounted 10% to 20% for Comparison Sales comparable properties sales commissions and other holding costs Mortgage Servicing Rights Discounted cash flows Comparable sales Discount rates averaging 11% - 13% in each period presented Prepayment rates averaging 6% - 8% in 2018 Prepayment rates averaging 8% - 10% in 2017

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2018
Earnings Per Share
EARNINGS PER SHARE	NOTE 9 - EARNINGS PER SHARE Basic earnings per share (“EPS”) represents income available to common stockholders divided by the weighted-average number of shares outstanding during the period. Diluted earnings per share reflects additional shares that would have been outstanding if dilutive potential shares had been issued. Potential shares that may be issued by the Company relate solely to outstanding stock options, restricted stock (non-vested shares), restricted stock units (“RSUs”) and warrants, and are determined using the treasury stock method. Under the treasury stock method, the number of incremental shares is determined by assuming the issuance of stock for the outstanding stock options, unvested restricted stock and RSUs, and warrants, reduced by the number of shares assumed to be repurchased from the issuance proceeds, using the average market price for the period of the Company’s stock. The following is a summary of the reconciliation of weighted average shares outstanding for the three months ended March 31, 2018 and 2017: For the Three Months Ended March 31, 2018 2017 Basic Diluted Basic Diluted Weighted average shares outstanding 20,908,225 20,908,225 13,919,711 13,919,711 Effect of dilutive securities — 211,091 — 219,530 Weighted average shares outstanding 20,908,225 21,119,316 13,919,711 14,139,241 The following is a summary of the reconciliation of shares issued and outstanding and unvested restricted stock awards as of March 31, 2018 and 2017 used to calculate book value per share: As of March 31, 2018 2017 Issued and outstanding shares 21,057,539 16,185,408 Less nonvested restricted stock awards (136,395 ) (227,439 ) Period end dilutive shares 20,921,144 15,957,969

SUPPLEMENTAL SEGMENT INFORMATIO

SUPPLEMENTAL SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
SUPPLEMENTAL SEGMENT INFORMATION	NOTE 10 – SUPPLEMENTAL SEGMENT INFORMATION The Company has three reportable segments: community banking, wholesale mortgage banking (“mortgage banking”) and other. The community banking segment includes traditional banking services offered through the Bank as well as the managerial and operational support provided by Carolina Services. The mortgage banking segment provides wholesale mortgage loan origination and servicing offered through Crescent Mortgage Company. The other segment includes parent company financial information and represents an overhead function rather than an operating segment. The parent company’s most significant assets are its net investments in its subsidiaries. The accounting policies of the segments are the same as those described in the summary of significant accounting policies. The Company evaluates performance based on net income. The Company accounts for intersegment revenues and expenses as if the revenue/expense transactions were generated to third parties, that is, at current market prices. The Company’s reportable segments are strategic business units that offer different products and services. They are managed separately because each segment has different types and levels of credit and interest rate risk. The following tables present selected financial information for the Company’s reportable business segments for the three months ended March 31, 2018 and 2017: Community Mortgage For the Three Months Ended March 31, 2018 Banking Banking Other Eliminations Total (In thousands) Interest income $ 37,257 431 13 (25 ) 37,676 Interest expense 5,084 53 461 (53 ) 5,545 Net interest income (expense) 32,173 378 (448 ) 28 32,131 Provision for loan losses — — — — — Noninterest income from external customers 5,059 4,924 65 — 10,048 Intersegment noninterest income 242 17 — (259 ) — Noninterest expense 32,929 4,389 280 — 37,598 Intersegment noninterest expense — 240 2 (242 ) — Income (loss) before income taxes 4,545 690 (665 ) 11 4,581 Income tax expense (benefit) 561 128 (168 ) 4 525 Net income (loss) $ 3,984 562 (497 ) 7 4,056 Community Mortgage For the Three Months Ended March 31, 2017 Banking Banking Other Eliminations Total (In thousands) Interest income $ 17,257 395 6 12 17,670 Interest expense 2,218 12 182 (12 ) 2,400 Net interest income (expense) 15,039 383 (176 ) 24 15,270 Provision for loan losses — — — — — Noninterest income from external customers 2,419 4,812 — — 7,231 Intersegment noninterest income 242 34 — (276 ) — Noninterest expense 11,324 4,053 209 — 15,586 Intersegment noninterest expense — 240 2 (242 ) — Income (loss) before income taxes 6,376 936 (387 ) (10 ) 6,915 Income tax expense (benefit) 1,867 291 (143 ) (4 ) 2,011 Net income (loss) $ 4,509 645 (244 ) (6 ) 4,904 The following tables present selected financial information for the Company’s reportable business segments for March 31, 2018 and December 31, 2017: Community Mortgage At March 31, 2018 Banking Banking Other Eliminations Total (In thousands) Assets $ 3,551,890 77,105 506,580 (582,499 ) 3,553,076 Loans receivable, net 2,347,478 30,321 — (10,489 ) 2,367,310 Loans held for sale 4,098 20,520 — — 24,618 Deposits 2,683,154 — — (6,185 ) 2,676,969 Borrowed funds 343,500 10,028 32,303 (10,028 ) 375,803 Community Mortgage At December 31, 2017 Banking Banking Other Eliminations Total (In thousands) Assets $ 3,516,551 81,681 503,144 (582,359 ) 3,519,017 Loans receivable, net 2,295,316 28,206 — (15,472 ) 2,308,050 Loans held for sale 5,999 29,293 — — 35,292 Deposits 2,611,106 — — (6,177 ) 2,604,929 Borrowed funds 380,500 15,000 32,259 (15,000 ) 412,759

SUMMARY OF SIGNIFICANT ACCOUN18

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Organization	Organization Carolina Financial Corporation (“Carolina Financial” or the “Company”), incorporated under the laws of the State of Delaware, is a financial holding company with one wholly owned subsidiary, CresCom Bank (the “Bank”). CresCom Bank operates five wholly owned subsidiaries, Crescent Mortgage Company, Carolina Services Corporation of Charleston (“Carolina Services”), DTFS, Inc., CresCom Insurance, LLC and CresCom Leasing, LLC. The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, the Bank. In consolidation, all material intercompany accounts and transactions have been eliminated. The results of operations of the businesses acquired in transactions accounted for as purchases are included only from the dates of acquisition. All majority-owned subsidiaries are consolidated unless control is temporary or does not rest with the Company. At March 31, 2018, statutory business trusts (“Trusts”) created or acquired by the Company had outstanding trust preferred securities with an aggregate par value of $36.0 million. The principal assets of the Trusts are $37.1 million of the Company’s subordinated debentures with identical rates of interest and maturities as the trust preferred securities. The Trusts have issued $1,116,000 of common securities to the Company and are included in other investments in the accompanying consolidated balance sheets. The Trusts are not consolidated subsidiaries of the Company.
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all the information and notes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three months ended March 31, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018. For further information, refer to the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017 as filed with the Securities and Exchange Commission (the “SEC”) on March 16, 2018. There have been no significant changes to the accounting policies as disclosed in the Company’s Form 10-K.
Management's Estimates	Management’s Estimates The financial statements are prepared in accordance with GAAP, which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, including valuation for impaired loans, the valuation of real estate acquired in connection with foreclosure or in satisfaction of loans, the valuation of securities, the valuation of derivative instruments, the valuation of assets acquired and liabilities assumed in business combinations, the valuation of mortgage servicing rights, the determination of the reserve for mortgage loan repurchase losses, asserted and unasserted legal claims and deferred tax assets or liabilities. In connection with the determination of the allowance for loan losses and foreclosed real estate, management obtains independent appraisals for significant properties. Management must also make estimates in determining the estimated useful lives and methods for depreciating premises and equipment. Management uses available information to recognize losses on loans and foreclosed real estate. However, future additions to the allowance may be necessary based on changes in local economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the Bank’s allowance for loan losses and foreclosed real estate. Such agencies may require the Bank to recognize additions to the allowance based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the allowance for loan losses and valuation of foreclosed real estate may change materially in the near term.
Earnings Per Share	Earnings Per Share Basic earnings per share (“EPS”) represents income available to common stockholders divided by the weighted-average number of shares outstanding during the period. Diluted earnings per share reflects additional shares that would have been outstanding if dilutive potential shares had been issued. Potential shares that may be issued by the Company relate solely to outstanding stock options, restricted stock (non-vested shares), restricted stock units (“RSUs”) and warrants, and are determined using the treasury stock method. Under the treasury stock method, the number of incremental shares is determined by assuming the issuance of stock for the outstanding stock options, unvested restricted stock and RSUs, and warrants, reduced by the number of shares assumed to be repurchased from the issuance proceeds, using the average market price for the period of the Company’s stock.
Subsequent Events	Subsequent Events Subsequent events are material events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Non-recognized subsequent events are events that provide evidence about conditions that did not exist at the date of the statement of financial condition but arose after that date. Management has reviewed events occurring through the date the financial statements were issued and no subsequent events occurred requiring accrual or disclosure except as follows: On April 25, 2018, the Company declared a $0.06 dividend per common share, payable on July 6, 2018, to stockholders of record on June 15, 2018. On May 2, 2018, the Company’s stockholders approved an amendment to its Certificate of Incorporation that increases the number of authorized common shares from 25,000,000 to 50,000,000.
Reclassification	Reclassification Certain reclassifications of accounts reported for previous periods have been made in these consolidated financial statements. Such reclassifications had no effect on stockholders’ equity or the net income as previously reported.
Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements During the first quarter of 2018, the Company adopted Accounting Standards Update (“ASU”) No. 2016-01, “Recognition and Measurement of Financial Assets and Liabilities. Note 8 - Estimated Fair Value of Financial Instruments In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent considerations (Reporting Revenue Gross versus Net) In May 2017, the FASB issued ASU No. 2017-09, Compensation-Stock Compensation (Topic 718) Recently Issued Accounting Pronouncements In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities In March 2017, the FASB issued ASU No. 2017-08, Receivables-Nonrefundable Fees and Other Cost (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities In January 2017, the FASB issued ASU No. 2017-04, Intangible-Goodwill and other (Topic 350): Simplifying the Test for Goodwill Impairment In June 2016, the FASB ASU No. 2016-13 , Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.

BUSINESS COMBINATION (Tables)

BUSINESS COMBINATION (Tables)	3 Months Ended
	Mar. 31, 2018
First South Bancorp, Inc. [Member]
Schedule of Assets and Liabilities Acquired [Table Text Block]	The following table presents a summary of total consideration paid by the Company at the acquisition date (dollars in thousand). Common stock issued (4,822,540 shares at $36.85 per share) $ 177,711 Cash in lieu of fractional shares and fair value of stock options 983 Total consideration paid $ 178,694
Schedule of loans acquired at the Acquisition date	The following table summarizes the consideration paid by the Company in the merger with First South and the amounts of the assets acquired and liabilities assumed recognized at the acquisition date. November 1, 2017 As Reported by First South Fair Value Adjustments As Recorded by the Company (In thousands) Assets Cash and cash equivalents $ 66,109 — 66,109 Securities available-for-sale 186,038 — 186,038 Federal Home Loan Bank stock 1,593 — 1,593 Loans held for sale 1,282 — 1,282 Loans receivable 783,779 (24,620 )(a) 759,159 Allowance for loan losses (9,495 ) 9,495 (b) — Premises and equipment 10,761 1,500 (c) 12,261 Foreclosed assets 1,922 (556 )(d) 1,366 Core deposit intangible 1,410 11,090 (e) 12,500 Deferred tax asset, net 3,961 238 (f) 4,199 Other assets 33,552 (3,417 )(g) 30,135 Total assets acquired $ 1,080,912 (6,270 ) 1,074,642 Liabilities Deposits $ 952,573 78 (h) 952,651 Borrowings 26,810 (1,439 )(i) 25,371 Other liabilities 8,515 (284 )(j) 8,231 Total liabilities assumed $ 987,898 (1,645 ) 986,253 Net identifiable assets acquired over liabilities assumed 88,389 Total consideration paid 178,694 Goodwill $ 90,305 Explanation of fair value adjustments: (a) Adjustment represents the amount necessary to adjust loans to their fair value due to interest rate and credit factors. (b) Adjustment reflects the elimination of First South’s historical allowance for loan losses. (c) Adjustment reflects fair value adjustments on acquired branch and administrative offices based from the Company’s assessment. (d) Adjustment reflects the impact of acquisition accounting fair value adjustments. (e) Adjustment reflects the fair value adjustment to record the estimated core deposit intangible based on the Company’s assessment. (f) Adjustment reflects the tax impact of acquisition accounting fair value adjustments. (g) Adjustment reflects the fair value adjustment based on the Company’s evaluation of acquired other assets. (h) Adjustment represents the fair value adjustment due to interest rate factors. (i) Adjustment represents the fair value adjustment due to interest rate factors. (j) Adjustment reflects the fair value adjustment based on the Company’s evaluation of acquired other liabilities.
Greer Bancshares [Member]
Schedule of Assets and Liabilities Acquired [Table Text Block]	The following table presents a summary of total consideration paid by the Company at the acquisition date (dollars in thousand). Common stock issued (1,789,523 shares at $30.30 per share) $ 54,223 Cash payments to common stockholders 4,422 Total consideration paid $ 58,645
Schedule of loans acquired at the Acquisition date	The following table summarizes the consideration paid by the Company in the merger with Greer and the amounts of the assets acquired and liabilities assumed recognized at the acquisition date. March 18, 2017 As Reported by Greer Fair Value Adjustments As Recorded by the Company Assets (In thousands) Cash and cash equivalents $ 42,187 — 42,187 Securities available-for-sale 121,374 — 121,374 Loans held for sale 105 — 105 Loans receivable 205,209 (10,559 )(a) 194,650 Allowance for loan losses (3,198 ) 3,198 (b) — Premises and equipment 3,928 4,202 (c) 8,130 Foreclosed assets 42 — 42 Core deposit intangible — 4,480 (d) 4,480 Deferred tax asset, net 3,831 (1,434 )(e) 2,397 Other assets 11,367 (241 )(f) 11,126 Total assets acquired $ 384,845 (354 ) 384,491 Liabilities Deposits $ 310,866 200 (g) 311,066 Borrowings 43,712 (3,510 )(h) 40,202 Other liabilities 7,086 512 (i) 7,598 Total liabilities assumed $ 361,664 (2,798 ) 358,866 Net identifiable assets acquired over liabilities assumed 25,625 Total consideration paid 58,645 Goodwill $ 33,020 Explanation of fair value adjustments: (a) Adjustment represents the amount necessary to adjust loans to their fair value due to interest rate and credit factors. (b) Adjustment reflects the elimination of Greer’s historical allowance for loan losses. (c) Adjustment reflects fair value adjustments on acquired branch and administrative offices based on the Company’s assessment. (d) Adjustment reflects the fair value adjustment to record the estimated core deposit intangible based on the Company’s assessment. (e) Adjustment reflects the tax impact of acquisition accounting fair value adjustments. (f) Adjustment reflects the fair value adjustment based on the Company’s evaluation of acquired other assets. (g) Adjustment represents the fair value adjustment due to interest rate factors. (h) Adjustment represents the fair value adjustment due to interest rate factors. (i) Adjustment reflects the fair value adjustment based on the Company’s evaluation of acquired other liabilities.

SECURITIES (Tables)

SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Schedule of investment securities available for sale	The amortized cost, gross unrealized gains, gross unrealized losses and fair value of securities available-for-sale at March 31, 2018 and December 31, 2017 follows: March 31, 2018 December 31, 2017 Gross Gross Gross Gross Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value Securities available-for-sale: (In thousands) Municipal securities $ 207,088 2,632 (1,562 ) 208,158 240,904 6,790 (344 ) 247,350 US government agencies 16,111 — (45 ) 16,066 11,983 34 (9 ) 12,008 Collateralized loan obligations 134,590 596 (2 ) 135,184 128,080 581 (18 ) 128,643 Corporate securities 6,896 85 — 6,981 6,891 115 — 7,006 Mortgage-backed securities: Agency 234,171 431 (2,989 ) 231,613 243,075 1,234 (714 ) 243,595 Non-agency 145,018 551 (1,079 ) 144,490 94,834 551 (260 ) 95,125 Total mortgage-backed securities 379,189 982 (4,068 ) 376,103 337,909 1,785 (974 ) 338,720 Trust preferred securities 11,212 1,763 (2,104 ) 10,871 11,208 1,132 (2,828 ) 9,512 Total $ 755,086 6,058 (7,781 ) 753,363 736,975 10,437 (4,173 ) 743,239
Schedule of amortized costs and fair values of investment securities, by contractual maturity	The amortized cost and fair value of debt securities by contractual maturity at March 31, 2018 follows: At March 31, 2018 Amortized Fair Cost Value (In thousands) Securities available-for-sale: Less than one year $ 2,309 2,307 One to five years 14,730 14,660 Six to ten years 127,688 127,518 After ten years 610,359 608,878 Total $ 755,086 753,363
Schedule of gross realized gains and losses from sales of investment securities available-for-sale	The following table summarizes the gross realized gains and losses from sales of investment securities available-for-sale for the periods indicated. For the Three Months Ended March 31, 2018 2017 (In thousands) Proceeds $ 51,178 37,697 Realized gains $ 14 373 Realized losses (711 ) (188 ) Total investment securities (losses) $ (697 ) 185
Schedule of securities in a continuous unrealized loss position aggregated by investment category and length of time	The following tables summarize gross unrealized losses on investment securities and the fair market value of the related securities at March 31, 2018 and December 31, 2017, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position. At March 31, 2018 Less than 12 Months 12 Months or Greater Total Amortized Fair Unrealized Amortized Fair Unrealized Amortized Fair Unrealized Cost Value Losses Cost Value Losses Cost Value Losses (In thousands) Available-for-sale: Municipal securities $ 86,402 85,077 (1,325 ) 3,589 3,352 (237 ) 89,991 88,429 (1,562 ) US government agencies $ 16,111 16,066 (45 ) — — — 16,111 16,066 (45 ) Collateralized loan obligations 5,000 4,998 (2 ) — — — 5,000 4,998 (2 ) Mortgage-backed securities: Agency 181,577 178,988 (2,589 ) 16,616 16,216 (400 ) 198,193 195,204 (2,989 ) Non-agency 89,740 88,782 (958 ) 9,177 9,056 (121 ) 98,917 97,838 (1,079 ) Total mortgage-backed securities 271,317 267,770 (3,547 ) 25,793 25,272 (521 ) 297,110 293,042 (4,068 ) Trust preferred securities — — — 8,483 6,379 (2,104 ) 8,483 6,379 (2,104 ) Total $ 378,830 373,911 (4,919 ) 37,865 35,003 (2,862 ) 416,695 408,914 (7,781 ) At December 31, 2017 Less than 12 Months 12 Months or Greater Total Amortized Fair Unrealized Amortized Fair Unrealized Amortized Fair Unrealized Cost Value Losses Cost Value Losses Cost Value Losses (In thousands) Available-for-sale: Municipal securities $ 23,849 23,631 (218 ) 3,606 3,480 (126 ) 27,455 27,111 (344 ) US government agencies 1,681 1,672 (9 ) — — — 1,681 1,672 (9 ) Collateralized loan obligations 23,000 22,982 (18 ) — — — 23,000 22,982 (18 ) Mortgage-backed securities: Agency 107,501 107,011 (490 ) 17,484 17,260 (224 ) 124,985 124,271 (714 ) Non-agency 21,874 21,704 (170 ) 9,889 9,799 (90 ) 31,763 31,503 (260 ) Total mortgage-backed securities 129,375 128,715 (660 ) 27,373 27,059 (314 ) 156,748 155,774 (974 ) Trust preferred securities — — — 8,516 5,688 (2,828 ) 8,516 5,688 (2,828 ) Total $ 177,905 177,000 (905 ) 39,495 36,227 (3,268 ) 217,400 213,227 (4,173 )

DERIVATIVES (Tables)

DERIVATIVES (Tables)	3 Months Ended
	Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of derivative positions of Company	The derivative positions of the Company at March 31, 2018 and December 31, 2017 are as follows: At March 31, At December 31, 2018 2017 Fair Notional Fair Notional Value Value Value Value (In thousands) Derivative assets: Cash flow hedges: Interest rate swaps $ 1,651 55,000 644 45,000 Non-hedging derivatives: Interest rate swaps 1,673 45,000 964 50,000 Mortgage loan interest rate lock commitments 1,380 121,760 890 98,584 Mortgage loan forward sales commitments 209 13,227 305 23,401 Total derivative assets $ 4,913 234,987 2,803 216,985 Derivative liabilities: Interest rate swaps $ 32 15,000 95 5,000 Mortgage-backed securities forward sales commitments 132 87,330 61 75,000 Total derivative liabilities $ 164 102,330 156 80,000

LOANS RECEIVABLE, NET (Tables)

LOANS RECEIVABLE, NET (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of categories of loans	Loans receivable, net at March 31, 2018 and December 31, 2017 are summarized by category as follows: At March 31, At December 31, 2018 2017 % of Total % of Total All Loans: Amount Loans Amount Loans (Dollars in thousands) Loans secured by real estate: One-to-four family $ 689,249 28.96 % 665,774 28.70 % Home equity 89,492 3.76 % 90,141 3.89 % Commercial real estate 941,796 39.57 % 933,820 40.26 % Construction and development 311,044 13.07 % 294,793 12.71 % Consumer loans 17,752 0.75 % 19,990 0.86 % Commercial business loans 330,685 13.89 % 315,010 13.58 % Total gross loans receivable 2,380,018 100.00 % 2,319,528 100.00 % Less: Allowance for loan losses 12,708 11,478 Total loans receivable, net $ 2,367,310 2,308,050
Schedule of loan acquired non-credit impaired loans and nonacquired loans	Loans receivable, net at March 31, 2018 and December 31, 2017 for purchased non-credit impaired loans and nonacquired loans are summarized by category as follows: At March 31, At December 31, 2018 2017 Purchased Non-Credit Impaired Loans % of Total % of Total (ASC 310-20) and Nonpurchased Loans: Amount Loans Amount Loans (Dollars in thousands) Loans secured by real estate: One-to-four family $ 678,191 29.37 % 654,597 29.21 % Home equity 89,319 3.87 % 89,961 4.01 % Commercial real estate 900,181 38.98 % 891,469 39.77 % Construction and development 303,873 13.16 % 287,437 12.83 % Consumer loans 17,665 0.77 % 19,895 0.89 % Commercial business loans 319,759 13.85 % 297,754 13.29 % Total gross loans receivable 2,308,988 100.00 % 2,241,113 100.00 % Less: Allowance for loan losses 12,708 11,478 Total loans receivable, net $ 2,296,280 2,229,635 Loans receivable, net at March 31, 2018 and December 31, 2017 for purchased credit impaired loans are summarized by category below. At March 31, At December 31, 2018 2017 Purchased Credit Impaired % of Total % of Total Loans (ASC 310-30): Amount Loans Amount Loans (Dollars in thousands) Loans secured by real estate: One-to-four family $ 11,058 15.57 % 11,177 14.25 % Home equity 173 0.24 % 180 0.23 % Commercial real estate 41,615 58.59 % 42,351 54.01 % Construction and development 7,171 10.10 % 7,356 9.38 % Consumer loans 87 0.12 % 95 0.12 % Commercial business loans 10,926 15.38 % 17,256 22.01 % Total gross loans receivable 71,030 100.00 % 78,415 100.00 % Less: Allowance for loan losses — — Total loans receivable, net $ 71,030 78,415
Schedule of changes in the value of the accretable yield for PCI loans	The following table presents changes in the value of PCI loans receivable for the three months ended March 31, 2018: For the Three Months Ended March 31, 2018 (In thousands) Balance at beginning of period $ 78,415 Net reductions for payments, foreclosures, and accretion (7,385 ) Balance at end of period $ 71,030 The following table presents changes in the value of the accretable yield for PCI loans for the three months ended March 31, 2018 (in thousands): For the Three Months Ended March 31, 2018 (In thousands) Accretable yield, beginning of period $ 12,536 Additions — Accretion (1,332 ) Reclassification from nonaccretable balance, net 3,196 Other changes, net 1,345 Accretable yield, end of period $ 15,745
Schedule of composition of gross loans outstanding, net of undisbursed amounts, by rate type	The composition of gross loans outstanding, net of undisbursed amounts, by rate type is as follows: At March 31, At December 31, 2018 2017 (Dollars in thousands) Variable rate loans $ 735,602 30.91 % 807,748 34.82 % Fixed rate loans 1,644,416 69.09 % 1,511,780 65.18 % Total loans outstanding $ 2,380,018 100.00 % 2,319,528 100.00 %
Schedule of activity in the allowance for loan losses	The following table presents activity in the allowance for loan losses for the period indicated. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Allowance for loan losses: For the Three Months Ended March 31, 2018 Loans Secured by Real Estate One-to- Commercial Construction four Home real and Commercial family equity estate development Consumer business Unallocated Total (In thousands) Balance, beginning of period $ 2,719 168 3,986 1,201 79 2,840 485 11,478 Provision for loan losses 286 50 187 (204 ) (35 ) (147 ) (137 ) — Charge-offs — — (34 ) (1 ) (9 ) (89 ) — (133 ) Recoveries 5 8 5 1,036 40 269 — 1,363 Balance, end of period $ 3,010 226 4,144 2,032 75 2,873 348 12,708 For the Three Months Ended March 31, 2017 Loans Secured by Real Estate One-to- Commercial Construction four Home real and Commercial family equity estate development Consumer business Unallocated Total (In thousands) Balance, beginning of period $ 2,636 197 3,344 1,132 80 2,805 494 10,688 Provision for loan losses (114 ) 39 244 (190 ) 35 (329 ) 315 — Charge-offs (17 ) — — — (9 ) — — (26 ) Recoveries 1 — 25 1 4 22 — 53 Balance, end of period $ 2,506 236 3,613 943 110 2,498 809 10,715
Schedule of allowance for loan losses and recorded investment in loans by impairment methodology	The following table disaggregates our allowance for loan losses and recorded investment in loans by impairment methodology. Loans Secured by Real Estate One-to- Commercial Construction four Home real and Commercial family equity estate development Consumer business Unallocated Total (In thousands) At March 31, 2018: Allowance for loan losses ending balances: Individually evaluated for impairment $ 189 29 51 534 — 12 — 815 Collectively evaluated for impairment 2,821 197 4,093 1,498 75 2,861 348 11,893 $ 3,010 226 4,144 2,032 75 2,873 348 12,708 Loans receivable ending balances: Individually evaluated for impairment $ 5,968 179 5,294 2,312 41 409 — 14,203 Collectively evaluated for impairment 672,223 89,140 894,887 301,561 17,624 319,350 — 2,294,785 Purchased Credit-Impaired Loans 11,058 173 41,615 7,171 87 10,926 — 71,030 Total loans receivable $ 689,249 89,492 941,796 311,044 17,752 330,685 — 2,380,018 At December 31, 2017: Allowance for loan losses ending balances: Individually evaluated for impairment $ 64 29 — — — 16 — 109 Collectively evaluated for impairment 2,655 139 3,986 1,201 79 2,824 485 11,369 $ 2,719 168 3,986 1,201 79 2,840 485 11,478 Loans receivable ending balances: Individually evaluated for impairment $ 3,435 108 4,811 318 26 285 — 8,983 Collectively evaluated for impairment 651,162 89,853 886,658 287,119 19,869 297,469 — 2,232,130 Purchased Credit-Impaired Loans 11,177 180 42,351 7,356 95 17,256 — 78,415 Total loans receivable $ 665,774 90,141 933,820 294,793 19,990 315,010 — 2,319,528
Schedule of impaired loans by class of loans	The following table presents impaired loans individually evaluated for impairment in the segmented portfolio categories and the corresponding allowance for loan losses as of March 31, 2018 and December 31, 2017. The recorded investment is defined as the original amount of the loan, net of any deferred costs and fees, less any principal reductions and direct charge-offs. Unpaid principal balance includes amounts previously included in charge-offs. At March 31, 2018 At December 31, 2017 Unpaid Unpaid Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment Balance Allowance (In thousands) With no related allowance recorded: Loans secured by real estate: One-to-four family $ 4,600 4,721 — 2,725 2,846 — Home equity 81 81 — — — — Commercial real estate 3,585 3,589 — 3,370 3,370 — Construction and development 724 724 — 318 318 — Consumer loans 41 41 — 26 26 — Commercial business loans 245 246 — 113 114 — 9,276 9,402 — 6,552 6,674 — With an allowance recorded: Loans secured by real estate: One-to-four family 1,368 1,368 189 710 710 64 Home equity 98 98 29 108 108 29 Commercial real estate 1,709 1,709 51 1,441 1,441 — Construction and development 1,588 1,588 534 — — — Consumer loans — — — — — — Commercial business loans 164 164 12 172 172 16 4,927 4,927 815 2,431 2,431 109 Total: Loans secured by real estate: One-to-four family 5,968 6,089 189 3,435 3,556 64 Home equity 179 179 29 108 108 29 Commercial real estate 5,294 5,298 51 4,811 4,811 — Construction and development 2,312 2,312 534 318 318 — Consumer loans 41 41 — 26 26 — Commercial business loans 409 410 12 285 286 16 $ 14,203 14,329 815 8,983 9,105 109 The following table presents the average recorded investment and interest income recognized on impaired loans individually evaluated for impairment in the segmented portfolio categories for the three months ended March 31, 2018 and 2017. For the Three Months Ended March 31, 2018 2017 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized (In thousands) With no related allowance recorded: Loans secured by real estate: One-to-four family $ 2,739 16 3,827 36 Home equity 20 1 541 3 Commercial real estate 3,483 81 4,070 136 Construction and development 408 3 491 — Consumer loans 28 1 20 1 Commercial business loans 168 5 38 17 6,846 107 8,987 193 With an allowance recorded: Loans secured by real estate: One-to-four family 1,372 11 597 3 Home equity 103 3 192 1 Commercial real estate 1,647 21 1,019 66 Construction and development 396 (4 ) — — Consumer loans — — — — Commercial business loans 168 2 217 6 3,686 33 2,025 76 Total: Loans secured by real estate: One-to-four family 4,111 27 4,424 39 Home equity 123 4 733 4 Commercial real estate 5,130 102 5,089 202 Construction and development 804 (1 ) 491 — Consumer loans 28 1 20 1 Commercial business loans 336 7 255 23 $ 10,532 140 11,012 269
Schedule of aging of the recorded investment in past due loans by class of loans	A loan is considered past due if the required principal and interest payment has not been received as of the due date. The following schedule is an aging of past due loans receivable by portfolio segment as of March 31, 2018 and December 31, 2017. At March 31, 2018 Real Estate Loans One-to- Commercial Construction four Home real and Commercial family equity estate development Consumer business Total All Loans: (In thousands) 30-59 days past due $ 11,934 643 1,194 91 225 3,390 17,477 60-89 days past due 1,836 108 — 20 1 23 1,988 90 days or more past due 3,241 171 982 1,585 27 278 6,284 Total past due 17,011 922 2,176 1,696 253 3,691 25,749 Current 672,238 88,570 939,620 309,348 17,499 326,994 2,354,269 Total loans receivable $ 689,249 89,492 941,796 311,044 17,752 330,685 2,380,018 At March 31, 2018 Purchased Non-Credit Real Estate Loans Impaired Loans One-to- Commercial Construction (ASC 310-20) and four Home real and Commercial Nonpurchased Loans: family equity estate development Consumer business Total (In thousands) 30-59 days past due $ 10,978 607 926 (326 ) 225 165 12,575 60-89 days past due 1,796 108 — 8 1 23 1,936 90 days or more past due 2,516 162 982 457 27 278 4,422 Total past due 15,290 877 1,908 139 253 466 18,933 Current 662,901 88,442 898,273 303,734 17,412 319,293 2,290,055 Total loans receivable $ 678,191 89,319 900,181 303,873 17,665 319,759 2,308,988 At March 31, 2018 Real Estate Loans One-to- Commercial Construction Purchased Credit Impaired four Home real and Commercial Loans (ASC 310-30): family equity estate development Consumer business Total (In thousands) 30-59 days past due $ 956 $ 36 $ 268 $ 417 $ — $ 3,225 4,902 60-89 days past due 40 — — 12 — — 52 90 days or more past due 725 9 — 1,128 — — 1,862 Total past due 1,721 45 268 1,557 — 3,225 6,816 Current 9,337 128 41,347 5,614 87 7,701 64,214 Total loans receivable $ 11,058 173 41,615 7,171 87 10,926 71,030 At December 31, 2017 Real Estate Loans One-to- Commercial Construction four Home real and Commercial family equity estate development Consumer business Total (In thousands) 30-59 days past due $ 8,139 1,350 1,358 2,328 108 366 13,649 60-89 days past due 1,025 109 421 — 129 185 1,869 90 days or more past due 2,580 117 689 2,482 21 59 5,948 Total past due 11,744 1,576 2,468 4,810 258 610 21,466 Current 654,030 88,565 931,352 289,983 19,732 314,400 2,298,062 Total loans receivable $ 665,774 90,141 933,820 294,793 19,990 315,010 2,319,528 At December 31, 2017 Purchased Non-Credit Real Estate Loans Impaired Loans One-to- Commercial Construction (ASC 310-20) and four Home real and Commercial Nonpurchased Loans: family equity estate development Consumer business Total (In thousands) 30-59 days past due $ 7,874 1,319 1,112 2,315 108 366 13,094 60-89 days past due 1,000 109 421 — 129 185 1,844 90 days or more past due 1,894 108 689 1,297 21 59 4,068 Total past due 10,768 1,536 2,222 3,612 258 610 19,006 Current 643,829 88,425 889,247 283,825 19,637 297,144 2,222,107 Total loans receivable $ 654,597 89,961 891,469 287,437 19,895 297,754 2,241,113 At December 31, 2017 Real Estate Loans One-to- Commercial Construction Purchased Credit Impaired four Home real and Commercial Loans (ASC 310-30): family equity estate development Consumer business Total (In thousands) 30-59 days past due $ 265 31 246 13 — — 555 60-89 days past due 25 — — — — — 25 90 days or more past due 686 9 — 1,185 — — 1,880 Total past due 976 40 246 1,198 — — 2,460 Current 10,201 140 42,105 6,158 95 17,256 75,955 Total loans receivable $ 11,177 180 42,351 7,356 95 17,256 78,415
Schedule of analysis of loans receivables on nonaccrual status	The following is a schedule of loans receivable, by portfolio segment, on nonaccrual at March 31, 2018 and December 31, 2017. At March 31, At December 31, 2018 2017 Loans secured by real estate: (In thousands) One-to-four family $ 3,814 1,927 Home equity 192 108 Commercial real estate 2,154 1,540 Construction and development 2,045 51 Consumer loans 131 22 Commercial business loans 313 313 $ 8,649 3,961
Schedule of analysis of loan portfolio by credit quality indicators	The following is a schedule of the credit quality of loans receivable, by portfolio segment, as of March 31, 2018 and December 31, 2017. At March 31, 2018 Real Estate Loans One-to- Commercial Construction four Home real and Commercial Total Loans: family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 681,727 89,192 908,739 302,873 17,456 324,515 2,324,502 Special Mention 2,031 29 25,714 3,277 133 5,061 36,245 Substandard 5,491 271 7,343 4,894 163 1,109 19,271 Total loans receivable $ 689,249 89,492 941,796 311,044 17,752 330,685 2,380,018 Performing $ 684,710 89,291 939,642 307,871 17,621 330,372 2,369,507 Nonperforming: 90 days past due still accruing 725 9 — 1,128 — — 1,862 Nonaccrual 3,814 192 2,154 2,045 131 313 8,649 Total nonperforming 4,539 201 2,154 3,173 131 313 10,511 Total loans receivable $ 689,249 89,492 941,796 311,044 17,752 330,685 2,380,018 At March 31, 2018 Purchased Non-Credit Real Estate Loans Impaired Loans One-to- Commercial Construction (ASC 310-20) and four Home real and Commercial Nonpurchased Loans: family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 674,209 89,127 896,462 301,573 17,429 318,496 2,297,296 Special Mention 25 — 1,428 75 100 950 2,578 Substandard 3,957 192 2,291 2,225 136 313 9,114 Total loans receivable $ 678,191 89,319 900,181 303,873 17,665 319,759 2,308,988 Performing $ 674,377 89,127 898,027 301,828 17,534 319,446 2,300,339 Nonperforming: 90 days past due still accruing — — — — — — — Nonaccrual 3,814 192 2,154 2,045 131 313 8,649 Total nonperforming 3,814 192 2,154 2,045 131 313 8,649 Total loans receivable $ 678,191 89,319 900,181 303,873 17,665 319,759 2,308,988 At March 31, 2018 Real Estate Loans One-to- Commercial Construction Purchased Credit Impaired four Home real and Commercial Loans (ASC 310-30): family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 7,518 65 12,277 1,300 27 6,019 27,206 Special Mention 2,006 29 24,286 3,202 33 4,111 33,667 Substandard 1,534 79 5,052 2,669 27 796 10,157 Total loans receivable $ 11,058 173 41,615 7,171 87 10,926 71,030 Performing $ 10,333 164 41,615 6,043 87 10,926 69,168 Nonperforming: 90 days past due still accruing 725 9 — 1,128 — — 1,862 Nonaccrual — — — — — — — Total nonperforming 725 9 — 1,128 — — 1,862 Total loans receivable $ 11,058 173 41,615 7,171 87 10,926 71,030 At December 31, 2017 Real Estate Loans One-to- Commercial Construction four Home real and Commercial Total Loans: family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 658,031 89,919 898,328 287,491 19,817 296,038 2,249,624 Special Mention 4,086 30 28,670 4,201 35 12,339 49,361 Substandard 3,657 192 6,822 3,101 138 6,633 20,543 Total loans receivable $ 665,774 90,141 933,820 294,793 19,990 315,010 2,319,528 Performing $ 663,161 90,024 932,280 293,557 19,968 314,697 2,313,687 Nonperforming: 90 days past due still accruing 686 9 — 1,185 — — 1,880 Nonaccrual 1,927 108 1,540 51 22 313 3,961 Total nonperforming 2,613 117 1,540 1,236 22 313 5,841 Total loans receivable $ 665,774 90,141 933,820 294,793 19,990 315,010 2,319,528 At December 31, 2017 Purchased Non-Credit Real Estate Loans Impaired Loans One-to- Commercial Construction (ASC 310-20) and four Home real and Commercial Nonpurchased Loans: family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 652,508 89,853 887,458 286,857 19,785 295,470 2,231,931 Special Mention — — 2,526 79 — 2,067 4,672 Substandard 2,089 108 1,485 501 110 217 4,510 Total loans receivable $ 654,597 89,961 891,469 287,437 19,895 297,754 2,241,113 Performing $ 652,670 89,853 889,929 287,386 19,873 297,441 2,237,152 Nonperforming: 90 days past due still accruing — — — — — — — Nonaccrual 1,927 108 1,540 51 22 313 3,961 Total nonperforming 1,927 108 1,540 51 22 313 3,961 Total loans receivable $ 654,597 89,961 891,469 287,437 19,895 297,754 2,241,113 At December 31, 2017 Real Estate Loans One-to- Commercial Construction Purchased Credit Impaired four Home real and Commercial Loans (ASC 310-30): family equity estate development Consumer business Total (In thousands) Internal Risk Rating Grades: Pass $ 5,523 66 10,870 634 32 568 17,693 Special Mention 4,086 30 26,144 4,122 35 10,272 44,689 Substandard 1,568 84 5,337 2,600 28 6,416 16,033 Total loans receivable $ 11,177 180 42,351 7,356 95 17,256 78,415 Performing $ 10,491 171 42,351 6,171 95 17,256 76,535 Nonperforming: 90 days past due still accruing 686 9 — 1,185 — — 1,880 Nonaccrual — — — — — — — Total nonperforming 686 9 — 1,185 — — 1,880 Total loans receivable $ 11,177 180 42,351 7,356 95 17,256 78,415

REAL ESTATE ACQUIRED THROUGH 23

REAL ESTATE ACQUIRED THROUGH FORECLOSURE (Tables)	3 Months Ended
	Mar. 31, 2018
Banking and Thrift [Abstract]
Summary of Changes in Other Real Estate Owned	The following presents summarized activity in real estate acquired through foreclosure for the periods ended March 31, 2018 and December 31, 2017: March 31, December 31, 2018 2017 (In thousands) Balance at beginning of period $ 3,106 1,179 Additions 17 2,554 Sales (1,160 ) (627 ) Write downs — — Balance at end of period $ 1,963 3,106
Schedule of composition of other real estate owned	A summary of the composition of real estate acquired through foreclosure follows: At March 31, At December 31, 2018 2017 (In thousands) Real estate loans: One-to-four family $ 487 709 Construction and development 1,476 2,397 $ 1,963 3,106

DEPOSITS (Tables)

DEPOSITS (Tables)	3 Months Ended
	Mar. 31, 2018
Banking and Thrift [Abstract]
Summary of Deposits outstanding	Deposits outstanding by type of account at March 31, 2018 and December 31, 2017 are summarized as follows: At March 31, At December 31, 2018 2017 (In thousands) Noninterest-bearing demand accounts $ 547,744 525,615 Interest-bearing demand accounts 558,942 551,308 Savings accounts 212,249 213,142 Money market accounts 463,676 452,734 Certificates of deposit: Less than $250,000 791,789 755,887 $250,000 or more 102,569 106,243 Total certificates of deposit 894,358 862,130 Total deposits $ 2,676,969 2,604,929

ESTIMATED FAIR VALUE OF FINAN25

ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of carrying amount and estimated fair value of the Company's financial instruments	The carrying amount and estimated fair value of the Company’s financial instruments at March 31, 2018 and December 31, 2017 are as follows: At March 31, 2018 Carrying Fair Value Amount Total Level 1 Level 2 Level 3 Financial assets: (In thousands) Cash and due from banks $ 25,761 25,761 25,761 — — Interest-bearing cash 35,603 35,603 35,603 — — Securities available-for-sale 753,363 753,363 — 742,492 10,871 Federal Home Loan Bank stock 17,913 17,913 — — 17,913 Other investments 3,432 3,432 — — 3,432 Derivative assets 4,913 4,913 3,324 1,589 — Loans held for sale 24,618 24,618 — 24,618 — Loans receivable, net 2,367,310 2,380,824 — — 2,380,824 Accrued interest receivable 11,502 11,502 — 11,502 — Mortgage servicing rights 21,719 28,759 — — 28,759 Financial liabilities: Deposits 2,676,969 2,681,879 — 2,681,879 — Short-term borrowed funds 308,500 306,572 — 306,572 — Long-term debt 67,303 65,700 — 65,700 — Derivative liabilities 164 164 32 132 — Accrued interest payable 1,288 1,288 — 1,288 — At December 31, 2017 Carrying Fair Value Amount Total Level 1 Level 2 Level 3 Financial assets: (In thousands) Cash and due from banks $ 25,254 25,254 25,254 — — Interest-bearing cash 55,998 55,998 55,998 — — Securities available-for-sale 743,239 743,239 — 733,727 9,512 Federal Home Loan Bank stock 19,065 19,065 — — 19,065 Other investments 3,446 3,446 — — 3,446 Derivative assets 2,803 2,803 1,608 1,195 — Loans held for sale 35,292 35,292 — 35,292 — Loans receivable, net 2,308,050 2,311,088 — — 2,311,088 Accrued interest receivable 11,992 11,992 — 11,992 — Mortgage servicing rights 21,003 26,255 — — 26,255 Financial liabilities: Deposits 2,604,929 2,597,526 — 2,597,526 — Short-term borrowed funds 340,500 339,870 — 339,870 — Long-term debt 72,259 71,859 — 71,859 — Derivative liabilities 156 156 95 61 — Accrued interest payable 1,126 1,126 — 1,126 —
Schedule of notional amount and estimated fair values of off-balance sheet financial instruments	At March 31, 2018 At December 31, 2017 Notional Estimated Notional Estimated Amount Fair Value Amount Fair Value Off-Balance Sheet Financial Instruments: (In thousands) Commitments to extend credit $ 439,454 — 422,065 — Standby letters of credit 3,547 — 4,449 —
Summary of assets and liabilities measured at fair value on a recurring basis	Assets and liabilities measured at fair value on a recurring basis are as follows as of March 31, 2018 and December 31, 2017: Quoted market Significant other Significant other price in active observable inputs unobservable inputs markets (Level 1) (Level 2) (Level 3) (In thousands) March 31, 2018 Available-for-sale investment securities: Municipal securities $ — 208,158 — US government agencies — 16,066 — Collateralized loan obligations — 135,184 — Corporate securities — 6,981 — Mortgage-backed securities: Agency — 231,613 — Non-agency — 144,490 — Trust Preferred Securities — — 10,871 Loans held for sale — 24,618 — Derivative assets: Cash flow hedges: Interest rate swaps 1,651 — — Non-hedging derivatives: Interest rate swaps 1,673 — — Mortgage loan interest rate lock commitments — 1,380 — Mortgage loan forward sales commitments — 209 — Derivative liabilities: Non-hedging derivatives: Interest rate swaps 32 — — Mortgage-backed securities forward sales commitments — 132 — Total $ 3,356 768,831 10,871 December 31, 2017 Available-for-sale investment securities: Municipal securities $ — 247,350 — US government agencies — 12,008 — Collateralized loan obligations — 128,643 — Corporate securities — 7,006 — Mortgage-backed securities: Agency — 243,595 — Non-agency — 95,125 — Trust preferred securities — — 9,512 Loans held for sale — 35,292 — Derivative assets: Cash flow hedges: Interest rate swaps 644 — — Non-hedging derivatives: Interest rate swaps 964 — — Mortgage loan interest rate lock commitments — 890 — Mortgage loan forward sales commitments — 305 — Derivative liabilities: Non-hedging derivatives: Interest rate swaps 95 — — Mortgage-backed securities forward sales commitments — 61 — Total $ 1,703 770,275 9,512
Summary of assets and liabilities measured at a fair value on a nonrecurring basis	Assets measured at fair value on a nonrecurring basis are as follows as of March 31, 2018 and December 31, 2017: Quoted market Significant other Significant other price in active observable inputs unobservable inputs (Level 1) (Level 2) (Level 3) (In thousands) March 31, 2018 Impaired loans: Loans secured by real estate: One-to-four family $ — — 5,779 Home equity — — 150 Commercial real estate — — 5,243 Construction and development — — 1,778 Consumer loans — — 41 Commercial business loans — — 397 Real estate owned: One-to-four family — — 487 Construction and development — — 1,476 Mortgage servicing rights — — 28,759 Total $ — — 44,110 December 31, 2017 Impaired loans: Loans secured by real estate: One-to-four family $ — — 3,371 Home equity — — 79 Commercial real estate — — 4,811 Construction and development — — 318 Consumer loans — — 26 Commercial business loans — — 269 Real estate owned: One-to-four family 709 Construction and development — — 2,397 Mortgage servicing rights — — 26,255 Total $ — — 38,235
Schedule of significant unobservable inputs used in the fair value measurements	For Level 3 assets and liabilities measured at fair value on a nonrecurring basis as of March 31, 2018 and December 31, 2017, the significant unobservable inputs used in the fair value measurements were as follows: March 31, 2018 and December 31, 2017 Significant Significant Unobservable Valuation Technique Observable Inputs Inputs Impaired Loans Appraisal Value Appraisals and or sales of Appraisals discounted 10% to 20% for comparable properties sales commissions and other holding costs Real estate owned Appraisal Value/ Appraisals and or sales of Appraisals discounted 10% to 20% for Comparison Sales comparable properties sales commissions and other holding costs Mortgage Servicing Rights Discounted cash flows Comparable sales Discount rates averaging 11% - 13% in each period presented Prepayment rates averaging 6% - 8% in 2018 Prepayment rates averaging 8% - 10% in 2017

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2018
Earnings Per Share Tables
Schedule of reconciliation of average shares outstanding	The following is a summary of the reconciliation of weighted average shares outstanding for the three months ended March 31, 2018 and 2017: For the Three Months Ended March 31, 2018 2017 Basic Diluted Basic Diluted Weighted average shares outstanding 20,908,225 20,908,225 13,919,711 13,919,711 Effect of dilutive securities — 211,091 — 219,530 Weighted average shares outstanding 20,908,225 21,119,316 13,919,711 14,139,241 The following is a summary of the reconciliation of shares issued and outstanding and unvested restricted stock awards as of March 31, 2018 and 2017 used to calculate book value per share: As of March 31, 2018 2017 Issued and outstanding shares 21,057,539 16,185,408 Less nonvested restricted stock awards (136,395 ) (227,439 ) Period end dilutive shares 20,921,144 15,957,969

SUPPLEMENTAL SEGMENT INFORMAT27

SUPPLEMENTAL SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Schedule of Selected Financial Information of Company's reportable business segments	The following tables present selected financial information for the Company’s reportable business segments for the three months ended March 31, 2018 and 2017: Community Mortgage For the Three Months Ended March 31, 2018 Banking Banking Other Eliminations Total (In thousands) Interest income $ 37,257 431 13 (25 ) 37,676 Interest expense 5,084 53 461 (53 ) 5,545 Net interest income (expense) 32,173 378 (448 ) 28 32,131 Provision for loan losses — — — — — Noninterest income from external customers 5,059 4,924 65 — 10,048 Intersegment noninterest income 242 17 — (259 ) — Noninterest expense 32,929 4,389 280 — 37,598 Intersegment noninterest expense — 240 2 (242 ) — Income (loss) before income taxes 4,545 690 (665 ) 11 4,581 Income tax expense (benefit) 561 128 (168 ) 4 525 Net income (loss) $ 3,984 562 (497 ) 7 4,056 Community Mortgage For the Three Months Ended March 31, 2017 Banking Banking Other Eliminations Total (In thousands) Interest income $ 17,257 395 6 12 17,670 Interest expense 2,218 12 182 (12 ) 2,400 Net interest income (expense) 15,039 383 (176 ) 24 15,270 Provision for loan losses — — — — — Noninterest income from external customers 2,419 4,812 — — 7,231 Intersegment noninterest income 242 34 — (276 ) — Noninterest expense 11,324 4,053 209 — 15,586 Intersegment noninterest expense — 240 2 (242 ) — Income (loss) before income taxes 6,376 936 (387 ) (10 ) 6,915 Income tax expense (benefit) 1,867 291 (143 ) (4 ) 2,011 Net income (loss) $ 4,509 645 (244 ) (6 ) 4,904 The following tables present selected financial information for the Company’s reportable business segments for March 31, 2018 and December 31, 2017: Community Mortgage At March 31, 2018 Banking Banking Other Eliminations Total (In thousands) Assets $ 3,551,890 77,105 506,580 (582,499 ) 3,553,076 Loans receivable, net 2,347,478 30,321 — (10,489 ) 2,367,310 Loans held for sale 4,098 20,520 — — 24,618 Deposits 2,683,154 — — (6,185 ) 2,676,969 Borrowed funds 343,500 10,028 32,303 (10,028 ) 375,803 Community Mortgage At December 31, 2017 Banking Banking Other Eliminations Total (In thousands) Assets $ 3,516,551 81,681 503,144 (582,359 ) 3,519,017 Loans receivable, net 2,295,316 28,206 — (15,472 ) 2,308,050 Loans held for sale 5,999 29,293 — — 35,292 Deposits 2,611,106 — — (6,177 ) 2,604,929 Borrowed funds 380,500 15,000 32,259 (15,000 ) 412,759

SUMMARY OF SIGNIFICANT ACCOUN28

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Apr. 25, 2018	May 02, 2018	May 01, 2018	Mar. 31, 2018	Dec. 31, 2017
Value of common stock issued to company				$ 211	$ 210
Common stock, shares authorized				25,000,000	25,000,000
Subsequent Event [Member]
Dividend Declared to Stockholders [Per Share]	$ .05
Dividend Declared, Record Date	Jun. 15, 2018
Dividend Declared, Payable Date	Jul. 6, 2018
Common stock, shares authorized		50,000,000	25,000,000
Statutory Business Trusts [Member]
Principal amount owed				$ 36,000
Principal assets of the Trusts				37,100
Value of common stock issued to company				$ 1,116

BUSINESS COMBINATIONS (Details)

BUSINESS COMBINATIONS (Details) - USD ($) $ in Thousands	Nov. 01, 2017	Mar. 18, 2017	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017
Common stock issued			$ 211	$ 210
Common stock issued			21,057,539	21,022,202	16,185,408
First South Bancorp, Inc. [Member]
Common stock issued	$ 177,711
Cash payments to common stockholders	983
Total consideration paid	$ 178,694
Common stock issued	4,822,540
Greer Bancshares [Member]
Common stock issued		$ 54,223
Cash payments to common stockholders		4,422
Total consideration paid		$ 58,645
Common stock issued		1,789,523

BUSINESS COMBINATIONS (Details

BUSINESS COMBINATIONS (Details 2) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Nov. 01, 2017		Mar. 18, 2017
Assets
Loans receivable	$ 877,000	$ 962,300
Business Combination, Liabilities [Abstract]
Goodwill	$ 127,592	$ 127,592
First South Bancorp, Inc. [Member]
Assets
Cash and cash equivalents			$ 66,109
Securities			186,038
Federal Home Loan Bank stock			1,593
Loans held for sale			1,282
Loans receivable			783,779
Allowance for loan losses			(9,495)
Premises and equipment			10,761
Foreclosed assets			1,922
Core deposit intangible			1,410
Deferred tax asset			3,961
Other assets			33,552
Total assets acquired			1,080,912
Business Combination, Liabilities [Abstract]
Deposits			952,573
Borrowings			26,810
Other liabilities			8,515
Total liabilities assumed			987,898
Fair Value Adjustments [Member]
Assets
Cash and cash equivalents
Securities
Federal Home Loan Bank stock
Loans held for sale
Loans receivable			(24,620)	[1]	(10,559)	[2]
Allowance for loan losses			9,495	[3]	3,198	[4]
Premises and equipment			1,500	[5]	4,202	[6]
Foreclosed assets			(556)	[7]
Core deposit intangible			11,090	[8]	4,480	[9]
Deferred tax asset			238	[10]	(1,434)	[11]
Other assets			(3,417)	[12]	(241)	[13]
Total assets acquired			(6,270)		(354)
Business Combination, Liabilities [Abstract]
Deposits			78	[14]	200	[15]
Borrowings			(1,439)	[16]	(3,510)
Other liabilities			(284)	[17]	512
Total liabilities assumed			(1,645)		(2,798)
As Recorded by the Company [Member]
Assets
Cash and cash equivalents			66,109		42,187
Securities			186,038		121,374
Federal Home Loan Bank stock			1,593
Loans held for sale			1,282
Loans receivable			759,159		194,650
Allowance for loan losses
Premises and equipment			12,261		8,130
Foreclosed assets			1,366		42
Core deposit intangible			12,500		4,480
Deferred tax asset			4,199		2,397
Other assets			30,135		11,126
Total assets acquired			1,074,642		384,491
Business Combination, Liabilities [Abstract]
Deposits			952,651		311,066
Borrowings			25,371		40,202
Other liabilities			8,231		7,598
Total liabilities assumed			986,253		358,866
Net assets acquired			88,389		25,625
Total consideration paid			178,694		58,645
Goodwill			$ 90,305		$ 33,020
[1]	Adjustment represents the amount necessary to adjust loans to their fair value due to interest rate and credit factors.
[2]	Adjustment reflects the fair value adjustment based on the Company's assessment.
[3]	Adjustment reflects the elimination of First South's historical allowance for loan losses.
[4]	Adjustment reflects the elimination of Greer's historical allowance for loan losses.
[5]	Adjustment reflects fair value adjustments on acquired branch and administrative offices based from the Company's assessment.
[6]	Adjustment reflects fair value adjustments on acquired branch and administrative offices based on the Company's assessment.
[7]	Adjustment reflects the impact of acquisition accounting fair value adjustments.
[8]	Adjustment reflects the fair value adjustment to record the estimated core deposit intangible based on the Company's assessment.
[9]	Adjustment reflects the fair value adjustment to record the estimated core deposit intangible based on the Company's assessment.
[10]	Adjustment reflects the tax impact of acquisition accounting fair value adjustments.
[11]	Adjustment reflects the tax impact of acquisition accounting fair value adjustments.
[12]	Adjustment reflects the fair value adjustment based on the Company's evaluation of acquired other assets.
[13]	Adjustment reflects the fair value adjustment based on the Company's evaluation of acquired other assets.
[14]	Adjustment represents the fair value adjustment due to interest rate factors.
[15]	Adjustments reflects the fair value adjustment based on Company's third party valuation report.
[16]	Adjustment represents the fair value adjustment due to interest rate factors.
[17]	Adjustment reflects the fair value adjustment based on the Company's evaluation of acquired other liabilities.

BUSINESS COMBINATIONS (Detail31

BUSINESS COMBINATIONS (Details 3) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Nov. 01, 2017		Mar. 18, 2017
Assets
Loans receivable	$ 877,000	$ 962,300
Liabilities
Goodwill	$ 127,592	$ 127,592
Greer Bancshares [Member]
Assets
Cash and cash equivalents					$ 42,187
Securities					121,374
Loans held for sale					105
Loans receivable					205,209
Allowance for loan losses					(3,198)
Premises and equipment					3,928
Foreclosed assets					42
Core deposit intangible
Deferred tax asset					3,831
Other assets					11,367
Total assets acquired					384,845
Liabilities
Deposits					310,866
Borrowings					43,712
Other liabilities					7,086
Total liabilities assumed					361,664
Fair Value Adjustments [Member]
Assets
Cash and cash equivalents
Securities
Loans held for sale
Loans receivable			(24,620)	[1]	(10,559)	[2]
Allowance for loan losses			9,495	[3]	3,198	[4]
Premises and equipment			1,500	[5]	4,202	[6]
Foreclosed assets			(556)	[7]
Core deposit intangible			11,090	[8]	4,480	[9]
Deferred tax asset			238	[10]	(1,434)	[11]
Other assets			(3,417)	[12]	(241)	[13]
Total assets acquired			(6,270)		(354)
Liabilities
Deposits			78	[14]	200	[15]
Borrowings			(1,439)	[16]	(3,510)
Other liabilities			(284)	[17]	512
Total liabilities assumed			(1,645)		(2,798)
As Recorded by the Company [Member]
Assets
Cash and cash equivalents			66,109		42,187
Securities			186,038		121,374
Loans held for sale					105
Loans receivable			759,159		194,650
Allowance for loan losses
Premises and equipment			12,261		8,130
Foreclosed assets			1,366		42
Core deposit intangible			12,500		4,480
Deferred tax asset			4,199		2,397
Other assets			30,135		11,126
Total assets acquired			1,074,642		384,491
Liabilities
Deposits			952,651		311,066
Borrowings			25,371		40,202
Other liabilities			8,231		7,598
Total liabilities assumed			986,253		358,866
Net assets acquired			88,389		25,625
Total consideration paid			178,694		58,645
Goodwill			$ 90,305		$ 33,020
[1]	Adjustment represents the amount necessary to adjust loans to their fair value due to interest rate and credit factors.
[2]	Adjustment reflects the fair value adjustment based on the Company's assessment.
[3]	Adjustment reflects the elimination of First South's historical allowance for loan losses.
[4]	Adjustment reflects the elimination of Greer's historical allowance for loan losses.
[5]	Adjustment reflects fair value adjustments on acquired branch and administrative offices based from the Company's assessment.
[6]	Adjustment reflects fair value adjustments on acquired branch and administrative offices based on the Company's assessment.
[7]	Adjustment reflects the impact of acquisition accounting fair value adjustments.
[8]	Adjustment reflects the fair value adjustment to record the estimated core deposit intangible based on the Company's assessment.
[9]	Adjustment reflects the fair value adjustment to record the estimated core deposit intangible based on the Company's assessment.
[10]	Adjustment reflects the tax impact of acquisition accounting fair value adjustments.
[11]	Adjustment reflects the tax impact of acquisition accounting fair value adjustments.
[12]	Adjustment reflects the fair value adjustment based on the Company's evaluation of acquired other assets.
[13]	Adjustment reflects the fair value adjustment based on the Company's evaluation of acquired other assets.
[14]	Adjustment represents the fair value adjustment due to interest rate factors.
[15]	Adjustments reflects the fair value adjustment based on Company's third party valuation report.
[16]	Adjustment represents the fair value adjustment due to interest rate factors.
[17]	Adjustment reflects the fair value adjustment based on the Company's evaluation of acquired other liabilities.

SECURITIES (Details)

SECURITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Available For Sale
Amortized Cost	$ 755,086	$ 736,975
Unrealized Gains	6,058	10,437
Unrealized Losses	(7,781)	(4,173)
Securities available for sale	753,363	743,239
Municipal securities [Member]
Available For Sale
Amortized Cost	207,088	240,904
Unrealized Gains	2,632	6,790
Unrealized Losses	(1,562)	(344)
Securities available for sale	208,158	247,350
US government agencies [Member]
Available For Sale
Amortized Cost	16,111	11,983
Unrealized Gains		34
Unrealized Losses	(45)	(9)
Securities available for sale	16,066	12,008
Collateralized loan obligations [Member]
Available For Sale
Amortized Cost	134,590	128,080
Unrealized Gains	596	581
Unrealized Losses	(2)	(18)
Securities available for sale	135,184	128,643
Corporate securities [Member]
Available For Sale
Amortized Cost	6,896	6,891
Unrealized Gains	85	115
Unrealized Losses
Securities available for sale	6,981	7,006
Mortgage-backed securities Agency [Member]
Available For Sale
Amortized Cost	234,171	243,075
Unrealized Gains	431	1,234
Unrealized Losses	(2,989)	(714)
Securities available for sale	231,613	243,595
Mortgage-backed securities Non-agency [Member]
Available For Sale
Amortized Cost	145,018	94,834
Unrealized Gains	551	551
Unrealized Losses	(1,079)	(260)
Securities available for sale	144,490	95,125
Total mortgage-backed securities [Member]
Available For Sale
Amortized Cost	379,189	337,909
Unrealized Gains	982	1,785
Unrealized Losses	(4,068)	(974)
Securities available for sale	376,103	338,720
Asset-backed securities [Member]
Available For Sale
Amortized Cost	11,212	11,208
Unrealized Gains	1,763	1,132
Unrealized Losses	(2,104)	(2,828)
Securities available for sale	$ 10,871	$ 9,512

SECURITIES (Details 2)

SECURITIES (Details 2) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Investment securities, Amortized Cost
Less than one year	$ 2,309
One to five years	14,730
Six to ten years	127,688
After ten years	610,359
Total	755,086	$ 736,975
Investment securities, Fair Value
Less than one year	2,307
One to five years	14,660
Six to ten years	127,518
After ten years	608,878
Securities available for sale	$ 753,363	$ 743,239

SECURITIES (Details 3)

SECURITIES (Details 3) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Gross realized gains and losses, Available-for-sale
Proceeds	$ 51,178	$ 37,697
Realized gains	14	373
Realized losses	(711)	(188)
Total investment securities gains, net	$ (697)	$ 185

SECURITIES (Details 4)

SECURITIES (Details 4) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Available For Sale Securities
Less than 12 Months, Amortized Cost	$ 378,830	$ 177,905
Less than 12 Months, Fair Value	373,911	177,000
Less than 12 Months, Unrealized Losses	(4,919)	(905)
Greater than 12 Months, Amortized Cost	37,865	39,495
Greater than 12 Months, Fair Value	35,003	36,227
Greater than 12 Months, Unrealized Losses	(2,862)	(3,268)
Total, Amortized Cost	416,695	217,400
Total, Fair Value	408,914	213,227
Total, Unrealized Losses	(7,781)	(4,173)
Municipal securities [Member]
Available For Sale Securities
Less than 12 Months, Amortized Cost	86,402	23,849
Less than 12 Months, Fair Value	85,077	23,631
Less than 12 Months, Unrealized Losses	(1,325)	(218)
Greater than 12 Months, Amortized Cost	3,589	3,606
Greater than 12 Months, Fair Value	3,352	3,480
Greater than 12 Months, Unrealized Losses	(237)	(126)
Total, Amortized Cost	89,991	27,455
Total, Fair Value	88,429	27,111
Total, Unrealized Losses	(1,562)	(344)
US government agencies [Member]
Available For Sale Securities
Less than 12 Months, Amortized Cost	16,111	1,681
Less than 12 Months, Fair Value	16,066	1,672
Less than 12 Months, Unrealized Losses	(45)	(9)
Greater than 12 Months, Amortized Cost
Greater than 12 Months, Fair Value
Greater than 12 Months, Unrealized Losses
Total, Amortized Cost	16,111	1,681
Total, Fair Value	16,066	1,672
Total, Unrealized Losses	(45)	(9)
Collateralized loan obligations [Member]
Available For Sale Securities
Less than 12 Months, Amortized Cost	5,000	23,000
Less than 12 Months, Fair Value	4,998	22,982
Less than 12 Months, Unrealized Losses	(2)	(18)
Greater than 12 Months, Amortized Cost
Greater than 12 Months, Fair Value
Greater than 12 Months, Unrealized Losses
Total, Amortized Cost	5,000	23,000
Total, Fair Value	4,998	22,982
Total, Unrealized Losses	(2)	(18)
Mortgage-backed securities Agency [Member]
Available For Sale Securities
Less than 12 Months, Amortized Cost	181,577	107,501
Less than 12 Months, Fair Value	178,988	107,011
Less than 12 Months, Unrealized Losses	(2,589)	(490)
Greater than 12 Months, Amortized Cost	16,616	17,484
Greater than 12 Months, Fair Value	16,216	17,260
Greater than 12 Months, Unrealized Losses	(400)	(224)
Total, Amortized Cost	198,193	124,985
Total, Fair Value	195,204	124,271
Total, Unrealized Losses	(2,989)	(714)
Mortgage-backed securities Non-agency [Member]
Available For Sale Securities
Less than 12 Months, Amortized Cost	89,740	21,874
Less than 12 Months, Fair Value	88,782	21,704
Less than 12 Months, Unrealized Losses	(958)	(170)
Greater than 12 Months, Amortized Cost	9,177	9,889
Greater than 12 Months, Fair Value	9,056	9,799
Greater than 12 Months, Unrealized Losses	(121)	(90)
Total, Amortized Cost	98,917	31,763
Total, Fair Value	97,838	31,503
Total, Unrealized Losses	(1,079)	(260)
Total mortgage-backed securities [Member]
Available For Sale Securities
Less than 12 Months, Amortized Cost	271,317	129,375
Less than 12 Months, Fair Value	267,770	128,715
Less than 12 Months, Unrealized Losses	(3,547)	(660)
Greater than 12 Months, Amortized Cost	25,793	27,373
Greater than 12 Months, Fair Value	25,272	27,059
Greater than 12 Months, Unrealized Losses	(521)	(314)
Total, Amortized Cost	297,110	156,748
Total, Fair Value	293,042	155,774
Total, Unrealized Losses	(4,068)	(974)
Asset-backed securities [Member]
Available For Sale Securities
Less than 12 Months, Amortized Cost
Less than 12 Months, Fair Value
Less than 12 Months, Unrealized Losses
Greater than 12 Months, Amortized Cost	8,483	8,516
Greater than 12 Months, Fair Value	6,379	5,688
Greater than 12 Months, Unrealized Losses	(2,104)	(2,828)
Total, Amortized Cost	8,483	8,516
Total, Fair Value	6,379	5,688
Total, Unrealized Losses	$ (2,104)	$ (2,828)

SECURITIES (Details Narrative)

SECURITIES (Details Narrative) $ in Thousands	Mar. 31, 2018USD ($)Item	Dec. 31, 2017Item
Securities Details 2
Available for Sale Securities pledged for FHLB advances	$ 0
Available for Sale Securities pledged to secure public agency funds	184,600
Available for Sale Securities pledged for FRB advances	$ 208,400
Available-for-sale, Securities in Unrealized Loss Positions, Number of Positions | Item	218	135

DERIVATIVES (Details)

DERIVATIVES (Details) - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Asset derivatives, Fair value	$ 4,913	$ 2,803
Notional Value, Assets	234,987	216,985
Liability derivatives, Fair value	164	156
Notional Value, Liability	102,330	80,000
Interest rate swaps [Member]
Asset derivatives, Fair value	1,673	964
Notional Value, Assets	45,000	50,000
Liability derivatives, Fair value	32	95
Notional Value, Liability	15,000	5,000
Interest rate swaps [Member] | Cash Flow Hedging [Member]
Asset derivatives, Fair value	1,651	644
Notional Value, Assets	55,000	45,000
Mortgage loan interest rate lock commitments [Member]
Asset derivatives, Fair value	1,380	890
Notional Value, Assets	121,760	98,584
Mortgage loan forward sales commitments [Member]
Asset derivatives, Fair value	209	305
Notional Value, Assets	13,227	23,401
Mortgage-backed securities forward sales commitments [Member]
Liability derivatives, Fair value	132	61
Notional Value, Liability	$ 87,330	$ 75,000

LOANS RECEIVABLE, NET (Details)

LOANS RECEIVABLE, NET (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Total gross loans receivable	$ 2,380,018	$ 2,319,528
Percentage of Total Loan	100.00%	100.00%
Allowance for loan losses	$ 12,708	$ 11,478	$ 10,715	$ 10,688
Total loans receivable, net	2,367,310	2,308,050
Purchased Non-Credit Impaired Loans and Nonacquired Loans, gross	$ 2,308,988	$ 2,241,113
Percentage of Total Purchased Non-Credit Impaired Loans and Nonacquired Loans	100.00%	100.00%
Allowance for loan losses	$ 12,708	$ 11,478
Purchased Non-Credit Impaired Loans and Nonacquired Loans, net	2,296,280	2,229,635
Purchased Credit Impaired Loans	$ 71,030	$ 78,415
Percentage of Purchased Credit Impaired Loans	100.00%	100.00%
One-to-four family [Member]
Total gross loans receivable	$ 689,249	$ 665,774
Percentage of Total Loan	28.96%	28.70%
Allowance for loan losses	$ 3,010	$ 2,719
Purchased Non-Credit Impaired Loans and Nonacquired Loans, gross	$ 678,191	$ 654,597
Percentage of Total Purchased Non-Credit Impaired Loans and Nonacquired Loans	29.37%	29.21%
Purchased Credit Impaired Loans	$ 11,058	$ 11,177
Percentage of Purchased Credit Impaired Loans	15.57%	14.25%
Home equity [Member]
Total gross loans receivable	$ 89,492	$ 90,141
Percentage of Total Loan	3.76%	3.89%
Allowance for loan losses	$ 226	$ 168
Purchased Non-Credit Impaired Loans and Nonacquired Loans, gross	$ 89,319	$ 89,961
Percentage of Total Purchased Non-Credit Impaired Loans and Nonacquired Loans	3.87%	4.01%
Purchased Credit Impaired Loans	$ 173	$ 180
Percentage of Purchased Credit Impaired Loans	0.24%	0.23%
Commercial real estate [Member]
Total gross loans receivable	$ 941,796	$ 933,820
Percentage of Total Loan	39.57%	40.26%
Allowance for loan losses	$ 4,144	$ 3,986
Purchased Non-Credit Impaired Loans and Nonacquired Loans, gross	$ 900,181	$ 891,469
Percentage of Total Purchased Non-Credit Impaired Loans and Nonacquired Loans	38.98%	39.77%
Purchased Credit Impaired Loans	$ 41,615	$ 42,351
Percentage of Purchased Credit Impaired Loans	58.59%	54.01%
Construction and development [Member]
Total gross loans receivable	$ 311,044	$ 294,793
Percentage of Total Loan	13.07%	12.71%
Allowance for loan losses	$ 2,032	$ 1,201
Purchased Non-Credit Impaired Loans and Nonacquired Loans, gross	$ 303,873	$ 287,437
Percentage of Total Purchased Non-Credit Impaired Loans and Nonacquired Loans	13.16%	12.83%
Purchased Credit Impaired Loans	$ 7,171	$ 7,356
Percentage of Purchased Credit Impaired Loans	10.10%	9.38%
Consumer loans [Member]
Total gross loans receivable	$ 17,752	$ 19,990
Percentage of Total Loan	0.75%	0.86%
Allowance for loan losses	$ 75	$ 79	110	80
Purchased Non-Credit Impaired Loans and Nonacquired Loans, gross	$ 17,665	$ 19,895
Percentage of Total Purchased Non-Credit Impaired Loans and Nonacquired Loans	0.77%	0.89%
Purchased Credit Impaired Loans	$ 87	$ 95
Percentage of Purchased Credit Impaired Loans	0.12%	0.12%
Commercial business loans [Member]
Total gross loans receivable	$ 330,685	$ 315,010
Percentage of Total Loan	13.89%	13.58%
Allowance for loan losses	$ 2,873	$ 2,840	$ 2,498	$ 2,805
Purchased Non-Credit Impaired Loans and Nonacquired Loans, gross	$ 319,759	$ 297,754
Percentage of Total Purchased Non-Credit Impaired Loans and Nonacquired Loans	13.85%	13.29%
Purchased Credit Impaired Loans	$ 10,926	$ 17,256
Percentage of Purchased Credit Impaired Loans	15.38%	22.01%

LOANS RECEIVABLE, NET (Details

LOANS RECEIVABLE, NET (Details 2) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Loans Receivable Net Details 2
Balance at beginning of period	$ 71,030		$ 78,415
Net reductions for payments, foreclosures, and accretion	(7,385)
Balance at end of period	71,030		78,415
Accretable yield, beginning of period	12,536
Additions
Accretion	(1,332)	$ (372)
Reclassification from nonaccretable balance, net	3,196
Other changes, net	1,345
Accretable yield, end of period	15,745
Variable rate loans	$ 735,602		$ 807,748
Variable rate loans (as a percentage)	30.91%		34.82%
Fixed rate loans	$ 1,644,416		$ 1,511,780
Fixed rate loans (as a percentage)	69.09%		65.18%
Total loans outstanding	$ 2,380,018		$ 2,319,528
Total loans outstanding (as a percentage)	100.00%		100.00%

LOANS RECEIVABLE, NET (Detail40

LOANS RECEIVABLE, NET (Details 3) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	$ 11,478	$ 10,688
Provision for Loan Losses
Charge-Offs	(133)	(26)
Recoveries	1,363	53
Ending Balance	12,708	10,715
One-to-four family [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	2,719
Ending Balance	3,010
Home equity [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	168
Ending Balance	226
Commercial real estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	3,986
Ending Balance	4,144
Construction and development [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	1,201
Ending Balance	2,032
Consumer loans [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	79	80
Provision for Loan Losses	(35)	35
Charge-Offs	(9)	(9)
Recoveries	40	4
Ending Balance	75	110
Commercial business loans [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	2,840	2,805
Provision for Loan Losses	(147)	(329)
Charge-Offs	(89)
Recoveries	269	22
Ending Balance	2,873	2,498
Unallocated [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	485	494
Provision for Loan Losses	(137)	315
Charge-Offs
Recoveries
Ending Balance	348	809
Mortgage Receivables [Member] | One-to-four family [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance		2,636
Provision for Loan Losses	286	(114)
Charge-Offs		(17)
Recoveries	5	1
Ending Balance		2,506
Mortgage Receivables [Member] | Home equity [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance		197
Provision for Loan Losses	50	39
Charge-Offs
Recoveries	8
Ending Balance		236
Mortgage Receivables [Member] | Commercial real estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance		3,344
Provision for Loan Losses	187	244
Charge-Offs	(34)
Recoveries	5	25
Ending Balance		3,613
Mortgage Receivables [Member] | Construction and development [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance		1,132
Provision for Loan Losses	(204)	(190)
Charge-Offs	(1)
Recoveries	$ 1,036	1
Ending Balance		$ 943

LOANS RECEIVABLE, NET (Detail41

LOANS RECEIVABLE, NET (Details 4) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Allowance for loan losses ending balances:
Loans Individually Evaluated for Impairment	$ 815	$ 109
Loans Collectively Evaluated for Impairment	11,893	11,369
Ending Balance	12,708	11,478
Loans receivable ending balances:
Individually Evaluated for Impairment	14,203	8,983
Collectively Evaluated for Impairment	2,294,785	2,232,130
Purchased Credit Impaired Loans	71,030	78,415
Total	2,380,018	2,319,528
One-to-four family [Member]
Allowance for loan losses ending balances:
Loans Individually Evaluated for Impairment	189	64
Loans Collectively Evaluated for Impairment	2,821	2,655
Ending Balance	3,010	2,719
Loans receivable ending balances:
Individually Evaluated for Impairment	5,968	3,435
Collectively Evaluated for Impairment	672,223	651,162
Purchased Credit Impaired Loans	11,058	11,177
Total	689,249	665,774
Home equity [Member]
Allowance for loan losses ending balances:
Loans Individually Evaluated for Impairment	29	29
Loans Collectively Evaluated for Impairment	197	139
Ending Balance	226	168
Loans receivable ending balances:
Individually Evaluated for Impairment	179	108
Collectively Evaluated for Impairment	89,140	89,853
Purchased Credit Impaired Loans	173	180
Total	89,492	90,141
Commercial real estate [Member]
Allowance for loan losses ending balances:
Loans Individually Evaluated for Impairment	51
Loans Collectively Evaluated for Impairment	4,093	3,986
Ending Balance	4,144	3,986
Loans receivable ending balances:
Individually Evaluated for Impairment	5,294	4,811
Collectively Evaluated for Impairment	894,887	886,658
Purchased Credit Impaired Loans	41,615	42,351
Total	941,796	933,820
Construction and development [Member]
Allowance for loan losses ending balances:
Loans Individually Evaluated for Impairment	534
Loans Collectively Evaluated for Impairment	1,498	1,201
Ending Balance	2,032	1,201
Loans receivable ending balances:
Individually Evaluated for Impairment	2,312	318
Collectively Evaluated for Impairment	301,561	287,119
Purchased Credit Impaired Loans	7,171	7,356
Total	311,044	294,793
Consumer loans [Member]
Allowance for loan losses ending balances:
Loans Individually Evaluated for Impairment
Loans Collectively Evaluated for Impairment	75	79
Ending Balance	75	79
Loans receivable ending balances:
Individually Evaluated for Impairment	41	26
Collectively Evaluated for Impairment	17,624	19,869
Purchased Credit Impaired Loans	87	95
Total	17,752	19,990
Commercial business loans [Member]
Allowance for loan losses ending balances:
Loans Individually Evaluated for Impairment	12	16
Loans Collectively Evaluated for Impairment	2,861	2,824
Ending Balance	2,873	2,840
Loans receivable ending balances:
Individually Evaluated for Impairment	409	285
Collectively Evaluated for Impairment	319,350	297,469
Purchased Credit Impaired Loans	10,926	17,256
Total	330,685	315,010
Unallocated [Member]
Allowance for loan losses ending balances:
Loans Individually Evaluated for Impairment
Loans Collectively Evaluated for Impairment	348	485
Ending Balance	348	485
Loans receivable ending balances:
Individually Evaluated for Impairment
Collectively Evaluated for Impairment
Purchased Credit Impaired Loans
Total

LOANS RECEIVABLE, NET (Detail42

LOANS RECEIVABLE, NET (Details 5) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Impaired Financing Receivable, Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	$ 9,276		$ 6,552
Impaired Financing Receivable, with Related Allowance, Recorded Investment	4,927		2,431
Impaired Financing Receivable, Recorded Investment	14,203		8,983
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	9,402		6,674
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	4,927		2,431
Impaired Financing Receivable, Unpaid Principal Balance	14,329		9,105
Impaired Financing Receivable, Related Allowance	815		109
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	6,846	$ 8,987
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	3,686	2,025
Impaired Financing Receivable, Average Recorded Investment	10,532	11,012
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	107	193
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	33	76
Impaired Financing Receivable, Interest Income, Accrual Method	140	269
One-to-four family [Member]
Impaired Financing Receivable, Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	4,600		2,725
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,368		710
Impaired Financing Receivable, Recorded Investment	5,968		3,435
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	4,721		2,846
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	1,368		710
Impaired Financing Receivable, Unpaid Principal Balance	6,089		3,556
Impaired Financing Receivable, Related Allowance	189		64
Home equity [Member]
Impaired Financing Receivable, Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	81
Impaired Financing Receivable, with Related Allowance, Recorded Investment	98		108
Impaired Financing Receivable, Recorded Investment	179		108
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	81
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	98		108
Impaired Financing Receivable, Unpaid Principal Balance	179		108
Impaired Financing Receivable, Related Allowance	29		29
Commercial real estate [Member]
Impaired Financing Receivable, Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	3,585		3,370
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,709		1,441
Impaired Financing Receivable, Recorded Investment	5,294		4,811
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	3,589		3,370
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	1,709		1,441
Impaired Financing Receivable, Unpaid Principal Balance	5,298		4,811
Impaired Financing Receivable, Related Allowance	51
Construction and development [Member]
Impaired Financing Receivable, Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	724		318
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,588
Impaired Financing Receivable, Recorded Investment	2,312		318
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	724		318
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	1,588
Impaired Financing Receivable, Unpaid Principal Balance	2,312		318
Impaired Financing Receivable, Related Allowance	534
Consumer loans [Member]
Impaired Financing Receivable, Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	41		26
Impaired Financing Receivable, with Related Allowance, Recorded Investment
Impaired Financing Receivable, Recorded Investment	41		26
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	41		26
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance
Impaired Financing Receivable, Unpaid Principal Balance	41		26
Impaired Financing Receivable, Related Allowance
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	28	20
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment
Impaired Financing Receivable, Average Recorded Investment	28	20
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	1	1
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method
Impaired Financing Receivable, Interest Income, Accrual Method	1	1
Commercial business loans [Member]
Impaired Financing Receivable, Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	245		113
Impaired Financing Receivable, with Related Allowance, Recorded Investment	164		172
Impaired Financing Receivable, Recorded Investment	409		285
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	246		114
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	164		172
Impaired Financing Receivable, Unpaid Principal Balance	410		286
Impaired Financing Receivable, Related Allowance	12		$ 16
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	168	38
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	168	217
Impaired Financing Receivable, Average Recorded Investment	336	255
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	5	17
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	2	6
Impaired Financing Receivable, Interest Income, Accrual Method	7	23
Mortgage Receivables [Member] | One-to-four family [Member]
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	2,739	3,827
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,372	597
Impaired Financing Receivable, Average Recorded Investment	4,111	4,424
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	16	36
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	11	3
Impaired Financing Receivable, Interest Income, Accrual Method	27	39
Mortgage Receivables [Member] | Home equity [Member]
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	20	541
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	103	192
Impaired Financing Receivable, Average Recorded Investment	123	733
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	1	3
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	3	1
Impaired Financing Receivable, Interest Income, Accrual Method	4	4
Mortgage Receivables [Member] | Commercial real estate [Member]
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	3,483	4,070
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,647	1,019
Impaired Financing Receivable, Average Recorded Investment	5,130	5,089
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	81	136
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	21	66
Impaired Financing Receivable, Interest Income, Accrual Method	102	202
Mortgage Receivables [Member] | Construction and development [Member]
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	408	491
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	396
Impaired Financing Receivable, Average Recorded Investment	804	491
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method	3
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	(4)
Impaired Financing Receivable, Interest Income, Accrual Method	$ (1)

LOANS RECEIVABLE, NET (Detail43

LOANS RECEIVABLE, NET (Details 6) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Aging of the recorded investment in past due loans by class of loans
Total Past Due	$ 25,749	$ 21,466
Current	2,354,269	2,298,062
Total loans receivable	2,380,018	2,319,528
Nonaccrual	10,511	3,961
30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	17,477	13,649
60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,988	1,869
90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	6,284	5,948
One-to-four family [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	17,011	11,744
Current	672,238	654,030
Total loans receivable	689,249	665,774
Nonaccrual	4,539	2,613
One-to-four family [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	11,934	8,139
One-to-four family [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,836	1,025
One-to-four family [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	3,241	2,580
Home equity [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	922	1,576
Current	88,570	88,565
Total loans receivable	89,492	90,141
Nonaccrual	201	117
Home equity [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	643	1,350
Home equity [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	108	109
Home equity [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	171	117
Commercial real estate [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	2,176	2,468
Current	939,620	931,352
Total loans receivable	941,796	933,820
Nonaccrual	2,154	1,540
Commercial real estate [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,194	1,358
Commercial real estate [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due		421
Commercial real estate [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	982	689
Construction and development [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,696	4,810
Current	309,348	289,983
Total loans receivable	311,044	294,793
Nonaccrual	3,173	1,236
Construction and development [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	91	2,328
Construction and development [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	20
Construction and development [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,585	2,482
Consumer loans [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	253	258
Current	17,499	19,732
Total loans receivable	17,752	19,990
Nonaccrual	131	22
Consumer loans [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	225	108
Consumer loans [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1	129
Consumer loans [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	27	21
Commercial business loans [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	3,691	610
Current	326,994	314,400
Total loans receivable	330,685	315,010
Nonaccrual	313	313
Commercial business loans [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	3,390	366
Commercial business loans [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	23	185
Commercial business loans [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	278	59
Purchased Credit Impaired Loans [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	6,816	2,460
Current	64,214	75,955
Total loans receivable	71,030	78,415
Nonaccrual	1,862	1,880
Purchased Credit Impaired Loans [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	4,902	555
Purchased Credit Impaired Loans [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	52	25
Purchased Credit Impaired Loans [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,862	1,880
Purchased Credit Impaired Loans [Member] | One-to-four family [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,721	976
Current	9,337	10,201
Total loans receivable	11,058	11,177
Nonaccrual	725	686
Purchased Credit Impaired Loans [Member] | One-to-four family [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	956	265
Purchased Credit Impaired Loans [Member] | One-to-four family [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	40	25
Purchased Credit Impaired Loans [Member] | One-to-four family [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	725	686
Purchased Credit Impaired Loans [Member] | Home equity [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	45	40
Current	128	140
Total loans receivable	173	180
Nonaccrual	9	9
Purchased Credit Impaired Loans [Member] | Home equity [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	36	31
Purchased Credit Impaired Loans [Member] | Home equity [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due
Purchased Credit Impaired Loans [Member] | Home equity [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	9	9
Purchased Credit Impaired Loans [Member] | Commercial real estate [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	268	246
Current	41,347	42,105
Total loans receivable	41,615	42,351
Nonaccrual
Purchased Credit Impaired Loans [Member] | Commercial real estate [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	268	246
Purchased Credit Impaired Loans [Member] | Commercial real estate [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due
Purchased Credit Impaired Loans [Member] | Commercial real estate [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due
Purchased Credit Impaired Loans [Member] | Construction and development [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,557	1,198
Current	5,614	6,158
Total loans receivable	7,171	7,356
Nonaccrual	1,128	1,185
Purchased Credit Impaired Loans [Member] | Construction and development [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	417	13
Purchased Credit Impaired Loans [Member] | Construction and development [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	12
Purchased Credit Impaired Loans [Member] | Construction and development [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,128	1,185
Purchased Credit Impaired Loans [Member] | Consumer loans [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due
Current	87	95
Total loans receivable	87	95
Nonaccrual
Purchased Credit Impaired Loans [Member] | Consumer loans [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due
Purchased Credit Impaired Loans [Member] | Consumer loans [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due
Purchased Credit Impaired Loans [Member] | Consumer loans [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due
Purchased Credit Impaired Loans [Member] | Commercial business loans [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	3,225
Current	7,701	17,256
Total loans receivable	10,926	17,256
Purchased Credit Impaired Loans [Member] | Commercial business loans [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	3,225
Purchased Credit Impaired Loans [Member] | Commercial business loans [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due
Purchased Credit Impaired Loans [Member] | Commercial business loans [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due
Purchased Non Credit Impaired Loans [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	18,933	19,006
Current	2,290,055	2,222,107
Total loans receivable	2,308,988	2,241,113
Nonaccrual	8,649	5,841
Purchased Non Credit Impaired Loans [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	12,575	13,094
Purchased Non Credit Impaired Loans [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,936	1,844
Purchased Non Credit Impaired Loans [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	4,422	4,068
Purchased Non Credit Impaired Loans [Member] | One-to-four family [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	15,290	10,768
Current	662,901	643,829
Total loans receivable	678,191	654,597
Nonaccrual	3,814	1,927
Purchased Non Credit Impaired Loans [Member] | One-to-four family [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	10,978	7,874
Purchased Non Credit Impaired Loans [Member] | One-to-four family [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,796	1,000
Purchased Non Credit Impaired Loans [Member] | One-to-four family [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	2,516	1,894
Purchased Non Credit Impaired Loans [Member] | Home equity [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	877	1,536
Current	88,442	88,425
Total loans receivable	89,319	89,961
Nonaccrual	192	108
Purchased Non Credit Impaired Loans [Member] | Home equity [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	607	1,319
Purchased Non Credit Impaired Loans [Member] | Home equity [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	108	109
Purchased Non Credit Impaired Loans [Member] | Home equity [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	162	108
Purchased Non Credit Impaired Loans [Member] | Commercial real estate [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1,908	2,222
Current	898,273	889,247
Total loans receivable	900,181	891,469
Nonaccrual	2,154	1,540
Purchased Non Credit Impaired Loans [Member] | Commercial real estate [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	926	1,112
Purchased Non Credit Impaired Loans [Member] | Commercial real estate [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due		421
Purchased Non Credit Impaired Loans [Member] | Commercial real estate [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	982	689
Purchased Non Credit Impaired Loans [Member] | Construction and development [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	139	3,612
Current	303,734	283,825
Total loans receivable	303,873	19,895
Nonaccrual	2,045	22
Purchased Non Credit Impaired Loans [Member] | Construction and development [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	(326)	2,315
Purchased Non Credit Impaired Loans [Member] | Construction and development [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	8
Purchased Non Credit Impaired Loans [Member] | Construction and development [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	457	1,297
Purchased Non Credit Impaired Loans [Member] | Consumer loans [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	253	258
Current	17,412	19,637
Total loans receivable	17,665	19,895
Nonaccrual	131
Purchased Non Credit Impaired Loans [Member] | Consumer loans [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	225	108
Purchased Non Credit Impaired Loans [Member] | Consumer loans [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	1	129
Purchased Non Credit Impaired Loans [Member] | Consumer loans [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	27	21
Purchased Non Credit Impaired Loans [Member] | Commercial business loans [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	466	610
Current	319,293	297,144
Total loans receivable	319,759	297,754
Nonaccrual	313	313
Purchased Non Credit Impaired Loans [Member] | Commercial business loans [Member] | 30-59 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	165	366
Purchased Non Credit Impaired Loans [Member] | Commercial business loans [Member] | 60-89 days past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	23	185
Purchased Non Credit Impaired Loans [Member] | Commercial business loans [Member] | 90 days or more past due [Member]
Aging of the recorded investment in past due loans by class of loans
Total Past Due	$ 278	$ 59

LOANS RECEIVABLE, NET (Detail44

LOANS RECEIVABLE, NET (Details 7) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Total loans receivable	$ 2,380,018	$ 2,319,528
Nonaccrual	10,511	3,961
Purchased Credit Impaired Loans [Member]
Total loans receivable	71,030	78,415
Nonaccrual	1,862	1,880
Purchased Non Credit Impaired Loans [Member]
Total loans receivable	2,308,988	2,241,113
Nonaccrual	8,649	5,841
Performing Financing Receivable [Member]
Total loans receivable	2,369,507	2,313,687
Performing Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	69,168	76,535
Performing Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	2,300,339	2,237,152
Nonperforming Financing Receivable [Member]
90 days or more past due	1,862
Nonaccrual	8,649	3,961
Nonperforming Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
90 days or more past due	1,862	1,880
Nonaccrual
Nonperforming Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
90 days or more past due		1,880
Nonaccrual	8,649	3,961
One-to-four family [Member]
Total loans receivable	689,249	665,774
Nonaccrual	4,539	2,613
One-to-four family [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	11,058	11,177
Nonaccrual	725	686
One-to-four family [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	678,191	654,597
Nonaccrual	3,814	1,927
Home equity [Member]
Total loans receivable	89,492	90,141
Nonaccrual	201	117
Home equity [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	173	180
Nonaccrual	9	9
Home equity [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	89,319	89,961
Nonaccrual	192	108
Commercial real estate [Member]
Total loans receivable	941,796	933,820
Nonaccrual	2,154	1,540
Commercial real estate [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	41,615	42,351
Nonaccrual
Commercial real estate [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	900,181	891,469
Nonaccrual	2,154	1,540
Construction and development [Member]
Total loans receivable	311,044	294,793
Nonaccrual	3,173	1,236
Construction and development [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	7,171	7,356
Nonaccrual	1,128	1,185
Construction and development [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	303,873	19,895
Nonaccrual	2,045	22
Consumer loans [Member]
Total loans receivable	17,752	19,990
Nonaccrual	131	22
Consumer loans [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	87	95
Nonaccrual
Consumer loans [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	17,665	19,895
Nonaccrual	131
Consumer loans [Member] | Performing Financing Receivable [Member]
Total loans receivable	17,621	19,968
Consumer loans [Member] | Performing Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	87	95
Consumer loans [Member] | Performing Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	17,534	19,873
Consumer loans [Member] | Nonperforming Financing Receivable [Member]
90 days or more past due
Nonaccrual	131	22
Consumer loans [Member] | Nonperforming Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
90 days or more past due
Nonaccrual
Consumer loans [Member] | Nonperforming Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
90 days or more past due
Nonaccrual	131	22
Commercial business loans [Member]
Total loans receivable	330,685	315,010
Nonaccrual	313	313
Commercial business loans [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	10,926	17,256
Commercial business loans [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	319,759	297,754
Nonaccrual	313	313
Commercial business loans [Member] | Performing Financing Receivable [Member]
Total loans receivable	330,372	314,697
Commercial business loans [Member] | Performing Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	10,926	17,256
Commercial business loans [Member] | Performing Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	319,446	297,441
Commercial business loans [Member] | Nonperforming Financing Receivable [Member]
90 days or more past due
Nonaccrual	313	313
Commercial business loans [Member] | Nonperforming Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
90 days or more past due
Nonaccrual
Commercial business loans [Member] | Nonperforming Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
90 days or more past due
Nonaccrual	313	313
Mortgage Receivables [Member] | One-to-four family [Member] | Performing Financing Receivable [Member]
Total loans receivable	684,710	663,161
Mortgage Receivables [Member] | One-to-four family [Member] | Performing Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	10,333	10,491
Mortgage Receivables [Member] | One-to-four family [Member] | Performing Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	674,377	652,670
Mortgage Receivables [Member] | One-to-four family [Member] | Nonperforming Financing Receivable [Member]
90 days or more past due	725	686
Nonaccrual	3,814	1,927
Mortgage Receivables [Member] | One-to-four family [Member] | Nonperforming Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
90 days or more past due	725	686
Nonaccrual
Mortgage Receivables [Member] | One-to-four family [Member] | Nonperforming Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
90 days or more past due
Nonaccrual	3,814	1,927
Mortgage Receivables [Member] | Home equity [Member] | Performing Financing Receivable [Member]
Total loans receivable	89,291	90,024
Mortgage Receivables [Member] | Home equity [Member] | Performing Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	164	171
Nonaccrual		686
Mortgage Receivables [Member] | Home equity [Member] | Performing Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	89,127	89,853
Mortgage Receivables [Member] | Home equity [Member] | Nonperforming Financing Receivable [Member]
90 days or more past due	9	9
Nonaccrual	192	108
Mortgage Receivables [Member] | Home equity [Member] | Nonperforming Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
90 days or more past due	9	9
Nonaccrual
Mortgage Receivables [Member] | Home equity [Member] | Nonperforming Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
90 days or more past due
Nonaccrual	192	108
Mortgage Receivables [Member] | Commercial real estate [Member] | Performing Financing Receivable [Member]
Total loans receivable	939,642	932,280
Mortgage Receivables [Member] | Commercial real estate [Member] | Performing Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	41,615	42,351
Mortgage Receivables [Member] | Commercial real estate [Member] | Performing Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	898,027	889,929
Mortgage Receivables [Member] | Commercial real estate [Member] | Nonperforming Financing Receivable [Member]
90 days or more past due
Nonaccrual	2,154	1,540
Mortgage Receivables [Member] | Commercial real estate [Member] | Nonperforming Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
90 days or more past due
Nonaccrual
Mortgage Receivables [Member] | Commercial real estate [Member] | Nonperforming Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
90 days or more past due
Nonaccrual	2,154	1,540
Mortgage Receivables [Member] | Construction and development [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable		287,437
Nonaccrual		51
Mortgage Receivables [Member] | Construction and development [Member] | Performing Financing Receivable [Member]
Total loans receivable	307,871	293,557
Mortgage Receivables [Member] | Construction and development [Member] | Performing Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	6,043	6,171
Mortgage Receivables [Member] | Construction and development [Member] | Performing Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	301,828	287,386
Mortgage Receivables [Member] | Construction and development [Member] | Nonperforming Financing Receivable [Member]
90 days or more past due	1,128	1,185
Nonaccrual	2,045	51
Mortgage Receivables [Member] | Construction and development [Member] | Nonperforming Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
90 days or more past due	1,128	1,185
Nonaccrual
Mortgage Receivables [Member] | Construction and development [Member] | Nonperforming Financing Receivable [Member] | Purchased Non Credit Impaired Loans [Member]
90 days or more past due
Nonaccrual	$ 2,045	$ 51

LOANS RECEIVABLE, NET (Detail45

LOANS RECEIVABLE, NET (Details 8) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Total loans receivable	$ 2,380,018	$ 2,319,528
Purchased Non Credit Impaired Loans [Member]
Total loans receivable	2,308,988	2,241,113
Purchased Credit Impaired Loans [Member]
Total loans receivable	71,030	78,415
Pass [Member]
Total loans receivable	2,324,502	2,249,624
Pass [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	2,297,296	2,231,931
Pass [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	27,206	17,693
Special Mention [Member]
Total loans receivable	36,245	49,361
Special Mention [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	2,578	4,672
Special Mention [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	33,667	44,689
Substandard [Member]
Total loans receivable	19,271	20,543
Substandard [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	9,114	4,510
Substandard [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	10,157	16,033
One-to-four family [Member]
Total loans receivable	689,249	665,774
One-to-four family [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	678,191	654,597
One-to-four family [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	11,058	11,177
One-to-four family [Member] | Pass [Member]
Total loans receivable	681,727	658,031
One-to-four family [Member] | Pass [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	674,209	652,508
One-to-four family [Member] | Pass [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	7,518	5,523
One-to-four family [Member] | Special Mention [Member]
Total loans receivable	2,031	4,086
One-to-four family [Member] | Special Mention [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	25
One-to-four family [Member] | Special Mention [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	2,006	4,086
One-to-four family [Member] | Substandard [Member]
Total loans receivable	5,491	3,657
One-to-four family [Member] | Substandard [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	3,957	2,089
One-to-four family [Member] | Substandard [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	1,534	1,568
Home equity [Member]
Total loans receivable	89,492	90,141
Home equity [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	89,319	89,961
Home equity [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	173	180
Home equity [Member] | Pass [Member]
Total loans receivable	89,192	89,919
Home equity [Member] | Pass [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	89,127	89,853
Home equity [Member] | Pass [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	65	66
Home equity [Member] | Special Mention [Member]
Total loans receivable	29	30
Home equity [Member] | Special Mention [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable
Home equity [Member] | Special Mention [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	29	30
Home equity [Member] | Substandard [Member]
Total loans receivable	271	192
Home equity [Member] | Substandard [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	192	108
Home equity [Member] | Substandard [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	79	84
Commercial real estate [Member]
Total loans receivable	941,796	933,820
Commercial real estate [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	900,181	891,469
Commercial real estate [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	41,615	42,351
Commercial real estate [Member] | Pass [Member]
Total loans receivable	908,739	898,328
Commercial real estate [Member] | Pass [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	896,462	887,458
Commercial real estate [Member] | Pass [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	12,277	10,870
Commercial real estate [Member] | Special Mention [Member]
Total loans receivable	25,714	28,670
Commercial real estate [Member] | Special Mention [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	1,428	2,526
Commercial real estate [Member] | Special Mention [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	24,286	26,144
Commercial real estate [Member] | Substandard [Member]
Total loans receivable	7,343	6,822
Commercial real estate [Member] | Substandard [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	2,291	1,485
Commercial real estate [Member] | Substandard [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	5,052	5,337
Construction and development [Member]
Total loans receivable	311,044	294,793
Construction and development [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	303,873	19,895
Construction and development [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	7,171	7,356
Construction and development [Member] | Pass [Member]
Total loans receivable	302,873	287,491
Construction and development [Member] | Pass [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	301,573	286,857
Construction and development [Member] | Pass [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	1,300	634
Construction and development [Member] | Special Mention [Member]
Total loans receivable	3,277	4,201
Construction and development [Member] | Special Mention [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	75	79
Construction and development [Member] | Special Mention [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	3,202	4,122
Construction and development [Member] | Substandard [Member]
Total loans receivable	4,894	3,101
Construction and development [Member] | Substandard [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	2,225	501
Construction and development [Member] | Substandard [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	2,669	2,600
Consumer loans [Member]
Total loans receivable	17,752	19,990
Consumer loans [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	17,665	19,895
Consumer loans [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	87	95
Consumer loans [Member] | Pass [Member]
Total loans receivable	17,456	19,817
Consumer loans [Member] | Pass [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	17,429	19,785
Consumer loans [Member] | Pass [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	27	32
Consumer loans [Member] | Special Mention [Member]
Total loans receivable	133	35
Consumer loans [Member] | Special Mention [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	100
Consumer loans [Member] | Special Mention [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	33	35
Consumer loans [Member] | Substandard [Member]
Total loans receivable	163	138
Consumer loans [Member] | Substandard [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	136	110
Consumer loans [Member] | Substandard [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	27	28
Commercial business loans [Member]
Total loans receivable	330,685	315,010
Commercial business loans [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	319,759	297,754
Commercial business loans [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	10,926	17,256
Commercial business loans [Member] | Pass [Member]
Total loans receivable	324,515	296,038
Commercial business loans [Member] | Pass [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	318,496	295,470
Commercial business loans [Member] | Pass [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	6,019	568
Commercial business loans [Member] | Special Mention [Member]
Total loans receivable	5,061	12,339
Commercial business loans [Member] | Special Mention [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	950	2,067
Commercial business loans [Member] | Special Mention [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	4,111	10,272
Commercial business loans [Member] | Substandard [Member]
Total loans receivable	1,109	6,633
Commercial business loans [Member] | Substandard [Member] | Purchased Non Credit Impaired Loans [Member]
Total loans receivable	313	217
Commercial business loans [Member] | Substandard [Member] | Purchased Credit Impaired Loans [Member]
Total loans receivable	$ 796	$ 6,416

LOANS RECEIVABLE, NET (Detail46

LOANS RECEIVABLE, NET (Details Narrative) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)Item	Mar. 31, 2017USD ($)Item	Dec. 31, 2017USD ($)
Loans receivable	$ 877,000		$ 962,300
Loans designated as troubled debt restructurings	6,500	$ 6,600	6,500
Troubled debt restructurings, still accruing	$ 5,100	$ 5,500	$ 5,300
Mortgage Receivables [Member] | Commercial and Residential real estate [Member]
Number of Contracts due to modification identified as a TDR | Item	1
Pre-Modification Recorded Investment	$ 135
Post-Modification Recorded Investment	$ 135
Mortgage Receivables [Member] | Commercial real estate [Member]
Number of Contracts due to modification identified as a TDR | Item		1
Pre-Modification Recorded Investment		$ 342
Post-Modification Recorded Investment		$ 342

REAL ESTATE ACQUIRED THROUGH 47

REAL ESTATE ACQUIRED THROUGH FORECLOSURE (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Real Estate Acquired Through Foreclosure Details
Balance at beginning of period	$ 3,106	$ 1,179
Additions	17	554
Sales	(1,160)	(627)
Write downs
Balance at end of period	$ 1,963	$ 3,106

REAL ESTATE ACQUIRED THROUGH 48

REAL ESTATE ACQUIRED THROUGH FORECLOSURE (Details 2) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Real Estate Acquired Through Foreclosure	$ 1,963	$ 3,106	$ 1,179
One-to-four family [Member]
Real Estate Acquired Through Foreclosure	487	709
Construction and development [Member]
Real Estate Acquired Through Foreclosure	$ 1,476	$ 2,397

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Deposits Details
Noninterest-bearing demand accounts	$ 547,744	$ 525,615
Interest-bearing demand accounts	558,942	551,308
Savings accounts	212,249	213,142
Money market accounts	463,676	452,734
Certificates of deposit:
Less than $250,000	791,789	755,887
$250,000 or more	102,569	106,243
Total certificates of deposit	894,358	862,130
Total deposits	2,676,969	2,604,929
Brokered certificates of deposit	114,500	99,200
Institutional certificates of deposit	$ 50,900	$ 39,100

ESTIMATED FAIR VALUE OF FINAN50

ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Financial assets:
Cash and due from banks	$ 25,761	$ 25,254
Interest-bearing cash	35,603	55,998
Securities available for sale	753,363	743,239
Federal Home Loan Bank stock	17,913	19,065
Other investments	3,432	3,446
Derivative assets	4,913	2,803
Loans held for sale	24,618	35,292
Loans receivable, net	2,367,310	2,308,050
Accrued interest receivable	11,502	11,992
Mortgage servicing rights	21,719	21,003
Financial liabilities:
Deposits	2,676,969	2,604,929
Short-term borrowed funds	308,500	340,500
Long-term debt	67,303	72,259
Derivative liabilities	164	156
Accrued interest payable	1,288	1,126
Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and due from banks	25,761	25,254
Interest-bearing cash	35,603	55,998
Securities available for sale
Federal Home Loan Bank stock
Other investments
Derivative assets	3,324	1,608
Loans held for sale
Loans receivable, net
Accrued interest receivable
Mortgage servicing rights
Financial liabilities:
Deposits
Short-term borrowed funds
Long-term debt
Derivative liabilities	32	95
Accrued interest payable
Fair Value, Inputs, Level 2 [Member]
Financial assets:
Cash and due from banks
Interest-bearing cash
Securities available for sale	742,492	733,727
Federal Home Loan Bank stock
Other investments
Derivative assets	1,589	1,195
Loans held for sale	24,618	35,292
Loans receivable, net
Accrued interest receivable	11,502	11,992
Mortgage servicing rights
Financial liabilities:
Deposits	2,681,879	2,597,526
Short-term borrowed funds	306,572	339,870
Long-term debt	65,700	71,859
Derivative liabilities	132	61
Accrued interest payable	1,288	1,126
Fair Value, Inputs, Level 3 [Member]
Financial assets:
Cash and due from banks
Interest-bearing cash
Securities available for sale	10,871	9,512
Federal Home Loan Bank stock	17,913	19,065
Other investments	3,432	3,446
Derivative assets
Loans held for sale
Loans receivable, net	2,380,824	2,311,088
Accrued interest receivable
Mortgage servicing rights	28,759	26,255
Financial liabilities:
Deposits
Short-term borrowed funds
Long-term debt
Derivative liabilities
Accrued interest payable
Carrying Amount [Member]
Financial assets:
Cash and due from banks	25,761	25,254
Interest-bearing cash	35,603	55,998
Securities available for sale	753,363	743,239
Federal Home Loan Bank stock	17,913	19,065
Other investments	3,432	3,446
Derivative assets	4,913	2,803
Loans held for sale	24,618	35,292
Loans receivable, net	2,367,310	2,308,050
Accrued interest receivable	11,502	11,992
Mortgage servicing rights	21,719	21,003
Financial liabilities:
Deposits	2,676,969	2,604,929
Short-term borrowed funds	308,500	340,500
Long-term debt	67,303	72,259
Derivative liabilities	164	156
Accrued interest payable	1,288	1,126
Fair Value [Member]
Financial assets:
Cash and due from banks	25,761	25,254
Interest-bearing cash	35,603	55,998
Securities available for sale	753,363	743,239
Federal Home Loan Bank stock	17,913	19,065
Other investments	3,432	3,446
Derivative assets	4,913	2,803
Loans held for sale	24,618	35,292
Loans receivable, net	2,380,824	2,311,088
Accrued interest receivable	11,502	11,992
Mortgage servicing rights	28,759	26,255
Financial liabilities:
Deposits	2,681,879	2,597,526
Short-term borrowed funds	306,572	339,870
Long-term debt	65,700	71,859
Derivative liabilities	164	156
Accrued interest payable	$ 1,288	$ 1,126

ESTIMATED FAIR VALUE OF FINAN51

ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 2) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Commitments to Extend Credit [Member]
Off-Balance Sheet Financial Instruments:
Notional Amount	$ 439,454	$ 422,065
Estimated Fair Value
Standby Letters of Credit [Member]
Off-Balance Sheet Financial Instruments:
Notional Amount	3,547	4,449
Estimated Fair Value

ESTIMATED FAIR VALUE OF FINAN52

ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 3) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Securities available for sale	$ 753,363	$ 743,239
Loans held for sale	24,618	35,292
Derivative Asset	4,913	2,803
Brokered deposits	114,500	99,200
Derivative Liability	164	156
Municipal securities [Member]
Securities available for sale	208,158	247,350
US government agencies [Member]
Securities available for sale	16,066	12,008
Mortgage-backed securities Agency [Member]
Securities available for sale	231,613	243,595
Mortgage-backed securities Non-agency [Member]
Securities available for sale	144,490	95,125
Collateralized loan obligations [Member]
Securities available for sale	135,184	128,643
Asset-backed securities [Member]
Securities available for sale	10,871	9,512
Corporate securities [Member]
Securities available for sale	6,981	7,006
Fair Value, Inputs, Level 1 [Member]
Securities available for sale
Loans held for sale
Derivative Asset	3,324	1,608
Derivative Liability	32	95
Fair Value, Inputs, Level 2 [Member]
Securities available for sale	742,492	733,727
Loans held for sale	24,618	35,292
Derivative Asset	1,589	1,195
Derivative Liability	132	61
Fair Value, Inputs, Level 3 [Member]
Securities available for sale	10,871	9,512
Loans held for sale
Derivative Asset
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Loans held for sale
Brokered deposits
Assets and liabilities measured at fair value	3,356	1,703
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage loan interest rate lock commitments [Member]
Derivative Asset
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage loan forward sales commitments [Member]
Derivative Asset
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-backed securities forward sales commitments [Member]
Derivative Asset
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest rate swaps [Member]
Derivative Asset	1,651	644
Assets and liabilities measured at fair value	32	95
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest rate swaps [Member] | Not Designated as Hedging Instrument [Member]
Securities available for sale	1,673	964
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Municipal securities [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US government agencies [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-backed securities Agency [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-backed securities Non-agency [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Collateralized loan obligations [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Loans held for sale	24,618	35,292
Assets and liabilities measured at fair value	768,831	770,275
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage loan interest rate lock commitments [Member]
Derivative Asset	1,380	890
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage loan forward sales commitments [Member]
Derivative Asset	209	305
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed securities forward sales commitments [Member]
Derivative Liability	132	61
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest rate swaps [Member]
Derivative Asset
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Municipal securities [Member]
Securities available for sale	208,158	247,350
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US government agencies [Member]
Securities available for sale	16,066	12,008
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed securities Agency [Member]
Securities available for sale	231,613	243,595
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed securities Non-agency [Member]
Securities available for sale	144,490	95,125
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Collateralized loan obligations [Member]
Securities available for sale	135,184	128,643
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate securities [Member]
Securities available for sale	6,981	7,006
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale
Brokered deposits
Assets and liabilities measured at fair value	10,871	9,512
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage loan interest rate lock commitments [Member]
Derivative Asset
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage loan forward sales commitments [Member]
Derivative Asset
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-backed securities forward sales commitments [Member]
Derivative Asset
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Interest rate swaps [Member]
Derivative Asset
Derivative Liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Municipal securities [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US government agencies [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-backed securities Agency [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-backed securities Non-agency [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Collateralized loan obligations [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Asset-backed securities [Member]
Securities available for sale	$ 10,871	$ 9,512

ESTIMATED FAIR VALUE OF FINAN53

ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 4) - Nonrecurring basis [Member] - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Fair Value, Inputs, Level 1 [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 1 [Member] | One-to-four family [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 1 [Member] | Commercial real estate [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 1 [Member] | Construction and development [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 1 [Member] | Consumer loans [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 1 [Member] | Commercial business loans [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 1 [Member] | Mortgage Receivables [Member] | One-to-four family [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 1 [Member] | Mortgage Receivables [Member] | Home equity [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 1 [Member] | Mortgage Receivables [Member] | Commercial real estate [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 1 [Member] | Mortgage Receivables [Member] | Construction and development [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 2 [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 2 [Member] | One-to-four family [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 2 [Member] | Commercial real estate [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 2 [Member] | Construction and development [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 2 [Member] | Consumer loans [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 2 [Member] | Commercial business loans [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 2 [Member] | Mortgage Receivables [Member] | One-to-four family [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 2 [Member] | Mortgage Receivables [Member] | Home equity [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 2 [Member] | Mortgage Receivables [Member] | Commercial real estate [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 2 [Member] | Mortgage Receivables [Member] | Construction and development [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value on a nonrecurring basis	44,110	38,235
Fair Value, Inputs, Level 3 [Member] | One-to-four family [Member]
Assets measured at fair value on a nonrecurring basis	487	709
Fair Value, Inputs, Level 3 [Member] | Commercial real estate [Member]
Assets measured at fair value on a nonrecurring basis
Fair Value, Inputs, Level 3 [Member] | Construction and development [Member]
Assets measured at fair value on a nonrecurring basis	1,476	2,397
Fair Value, Inputs, Level 3 [Member] | Consumer loans [Member]
Assets measured at fair value on a nonrecurring basis	41	26
Fair Value, Inputs, Level 3 [Member] | Commercial business loans [Member]
Assets measured at fair value on a nonrecurring basis	397	269
Fair Value, Inputs, Level 3 [Member] | Mortgage Servicing Rights [Member]
Assets measured at fair value on a nonrecurring basis	28,759	26,255
Fair Value, Inputs, Level 3 [Member] | Mortgage Receivables [Member] | One-to-four family [Member]
Assets measured at fair value on a nonrecurring basis	5,779	3,371
Fair Value, Inputs, Level 3 [Member] | Mortgage Receivables [Member] | Home equity [Member]
Assets measured at fair value on a nonrecurring basis	150	79
Fair Value, Inputs, Level 3 [Member] | Mortgage Receivables [Member] | Commercial real estate [Member]
Assets measured at fair value on a nonrecurring basis	5,243	4,811
Fair Value, Inputs, Level 3 [Member] | Mortgage Receivables [Member] | Construction and development [Member]
Assets measured at fair value on a nonrecurring basis	$ 1,778	$ 318

ESTIMATED FAIR VALUE OF FINAN54

ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 5) - Fair Value, Inputs, Level 3 [Member]	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Mortgage Servicing Rights [Member]
Valuation Techniques	Discounted cash flows	Discounted cash flows
Significant Unobservable Inputs	Comparable sales	Comparable sales
Minimum [Member] | Mortgage Servicing Rights [Member]
Significant Unobservable Input Range	11.00%	11.00%
Assumptions Used to Estimate Fair Value, Prepayment Speed (As a percent)	6.00%	8.00%
Maximum [Member] | Mortgage Servicing Rights [Member]
Significant Unobservable Input Range	13.00%	13.00%
Assumptions Used to Estimate Fair Value, Prepayment Speed (As a percent)	8.00%	10.00%
Impaired Loans [Member]
Valuation Techniques	Appraisal Value	Appraisal Value
Significant Unobservable Inputs	Appraisals and or sales of comparable properties	Appraisals and or sales of comparable properties
Impaired Loans [Member] | Minimum [Member]
Significant Unobservable Input Range	10.00%	10.00%
Impaired Loans [Member] | Maximum [Member]
Significant Unobservable Input Range	20.00%	20.00%
Real estate owned [Member]
Valuation Techniques	Appraisal Value/ Comparison Sales/ Other estimates	Appraisal Value/ Comparison Sales/ Other estimates
Significant Unobservable Inputs	Appraisals and or sales of comparable properties	Appraisals and or sales of comparable properties
Real estate owned [Member] | Minimum [Member]
Significant Unobservable Input Range	10.00%	10.00%
Real estate owned [Member] | Maximum [Member]
Significant Unobservable Input Range	20.00%	20.00%

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Earnings Per Share Details
Weighted average shares outstanding	20,908,225	13,919,711
Effect of dilutive securities	211,091	219,530
Average shares outstanding	21,119,316	14,139,241

EARNINGS PER SHARE (Details 2)

EARNINGS PER SHARE (Details 2) - shares	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017
Earnings Per Share Details 2
Common stock, shares issued	21,057,539	21,022,202	16,185,408
Common stock, shares outstanding	21,057,539	21,022,202	16,185,408
Less nonvested restricted stock awards	(211,908)		(227,439)
Period end dilutive shares	20,921,144		15,957,969

SUPPLEMENTAL SEGMENT INFORMAT57

SUPPLEMENTAL SEGMENT INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Interest income	$ 37,676	$ 17,670
Interest expense	5,545	2,400
Net interest income (expense)	32,131	15,270
(Recovery of) provision for loan losses
Noninterest income (expense) from external customers	10,048	7,231
Intersegment noninterest income
Noninterest expense	37,598	15,586
Intersegment noninterest expense
Income (loss) before income taxes	4,581	6,915
Income tax expense (benefit)	525	2,011
Net income (loss)	4,056	4,904
Community Banking [Member]
Interest income	37,257	17,257
Interest expense	5,084	2,218
Net interest income (expense)	32,173	15,039
(Recovery of) provision for loan losses
Noninterest income (expense) from external customers	5,059	2,419
Intersegment noninterest income	242	242
Noninterest expense	32,929	11,324
Intersegment noninterest expense
Income (loss) before income taxes	4,545	6,376
Income tax expense (benefit)	561	1,867
Net income (loss)	3,984	4,509
Mortgage Banking [Member]
Interest income	431	395
Interest expense	53	12
Net interest income (expense)	378	383
(Recovery of) provision for loan losses
Noninterest income (expense) from external customers	4,924	4,812
Intersegment noninterest income	17	34
Noninterest expense	4,389	4,053
Intersegment noninterest expense	240	240
Income (loss) before income taxes	690	936
Income tax expense (benefit)	128	291
Net income (loss)	562	645
Other [Member]
Interest income	13	6
Interest expense	461	182
Net interest income (expense)	(448)	(176)
(Recovery of) provision for loan losses
Noninterest income (expense) from external customers	65
Intersegment noninterest income
Noninterest expense	280	209
Intersegment noninterest expense	2	2
Income (loss) before income taxes	(665)	(387)
Income tax expense (benefit)	(168)	(143)
Net income (loss)	(497)	(244)
Eliminations [Member]
Interest income	(25)	12
Interest expense	(53)	(12)
Net interest income (expense)	28	24
(Recovery of) provision for loan losses
Noninterest income (expense) from external customers
Intersegment noninterest income	(259)	(276)
Noninterest expense
Intersegment noninterest expense	(242)	(242)
Income (loss) before income taxes	11	(10)
Income tax expense (benefit)	4	(4)
Net income (loss)	$ 7	$ (6)

SUPPLEMENTAL SEGMENT INFORMAT58

SUPPLEMENTAL SEGMENT INFORMATION (Details 2) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets	$ 3,553,076	$ 3,519,017
Loans receivable, net	2,367,310	2,308,050
Loans held for sale	24,618	35,292
Deposits	2,676,969	2,604,929
Borrowed funds	375,803	412,759
Community Banking [Member]
Assets	3,551,890	3,516,551
Loans receivable, net	2,347,478	2,295,316
Loans held for sale	4,098	5,999
Deposits	2,683,154	2,611,106
Borrowed funds	343,500	380,500
Mortgage Banking [Member]
Assets	77,105	81,681
Loans receivable, net	30,321	28,206
Loans held for sale	20,520	29,293
Deposits
Borrowed funds	10,028	15,000
Other [Member]
Assets	506,580	503,144
Loans receivable, net
Loans held for sale
Deposits
Borrowed funds	32,303	32,259
Eliminations [Member]
Assets	(582,499)	(582,359)
Loans receivable, net	(10,489)	(15,472)
Loans held for sale
Deposits	(6,185)	(6,177)
Borrowed funds	$ (10,028)	$ (15,000)