Atlantic Union Bankshares (AUB) 10-Q 6 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 03, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Union Bankshares Corp
Entity Central Index Key	883,948
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		45,113,478

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Cash and cash equivalents:
Cash and due from banks		$ 109,480	$ 112,752
Interest-bearing deposits in other banks		26,333	19,344
Money market investments		1	1
Federal funds sold		1,019	1,163
Total cash and cash equivalents		136,833	133,260
Securities available for sale, at fair value		888,362	1,102,114
Securities held to maturity, at carrying value	[1]	201,072
Restricted stock, at cost		50,171	54,854
Loans held for sale		39,450	42,519
Loans held for investment, net of deferred fees and costs		5,510,385	5,345,996
Less allowance for loan losses		32,344	32,384
Net loans held for investment		5,478,041	5,313,612
Premises and equipment, net		132,681	135,247
Other real estate owned, net of valuation allowance		22,222	28,118
Core deposit intangibles, net		27,394	31,755
Goodwill		293,522	293,522
Bank owned life insurance		141,284	139,005
Other assets		86,674	84,637
Total assets		7,497,706	7,358,643
LIABILITIES
Noninterest-bearing demand deposits		1,289,676	1,199,378
Interest-bearing deposits		4,494,798	4,439,392
Total deposits		5,784,474	5,638,770
Securities sold under agreements to repurchase		119,680	44,393
Other short-term borrowings		261,000	343,000
Long-term borrowings		300,294	299,542
Other liabilities		44,124	55,769
Total liabilities		$ 6,509,572	$ 6,381,474
Commitments and contingencies (Note 7)
STOCKHOLDERS' EQUITY
Common stock, $1.33 par value, shares authorized 100,000,000; issued and outstanding, 45,112,893 shares and 45,162,853 shares, respectively.		$ 59,672	$ 59,795
Surplus		640,936	643,443
Retained earnings		278,297	261,676
Accumulated other comprehensive income		9,229	12,255
Total stockholders' equity		988,134	977,169
Total liabilities and stockholders' equity		$ 7,497,706	$ 7,358,643
[1]	The carrying value includes $7.8 million of unrealized gains and losses present at the time of transfer from available for securities, net of any accretion.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Consolidated Balance Sheets [Abstract]
Common stock, par value	$ 1.33	$ 1.33
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	45,112,893	45,162,853
Common stock, shares outstanding	45,112,893	45,162,853

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest and dividend income:
Interest and fees on loans	$ 62,604	$ 61,386	$ 123,056	$ 122,655
Interest on federal funds sold			1
Interest on deposits in other banks	24	9	41	21
Interest and dividends on securities:
Taxable	3,860	3,860	7,667	7,508
Nontaxable	3,366	3,379	6,690	6,658
Total interest and dividend income	69,854	68,634	137,455	136,842
Interest expense:
Interest on deposits	3,680	2,550	7,000	4,806
Interest on federal funds purchased	4	23	5	46
Interest on short-term borrowings	255	146	505	265
Interest on long-term borrowings	2,099	2,200	4,160	4,252
Total interest expense	6,038	4,919	11,670	9,369
Net interest income	63,816	63,715	125,785	127,473
Provision for credit losses	3,749	1,500	5,499	1,500
Net interest income after provision for loan losses	60,067	62,215	120,286	125,973
Noninterest income:
Service charges on deposit accounts	4,622	4,525	8,835	8,822
Other service charges and fees	4,051	4,164	7,634	7,508
Fiduciary and asset management fees	2,312	2,330	4,531	4,633
Gains on sales of mortgage loans, net of commissions	2,574	3,030	4,952	5,328
Gains on securities transactions, net	404	426	597	455
Bank owned life insurance income	1,134	1,183	2,269	2,272
Other operating income	1,115	622	2,448	1,050
Total noninterest income	16,212	16,280	31,266	30,068
Noninterest expenses:
Salaries and benefits	25,561	27,616	53,052	56,830
Occupancy expenses	5,173	5,102	10,305	10,282
Furniture and equipment expenses	2,989	2,637	5,803	5,505
Printing, postage, and supplies	1,408	1,170	2,779	2,392
Communications expense	1,143	1,351	2,322	2,450
Technology and data processing	3,216	2,792	6,471	5,866
Professional services	1,669	1,442	3,017	2,497
Marketing and advertising expense	2,372	1,692	4,060	2,757
FDIC assessment premiums and other insurance	1,280	1,593	2,679	2,986
Other taxes	1,554	1,507	3,105	2,892
Loan-related expenses	687	630	1,371	1,172
OREO and credit-related expenses	1,965	2,244	3,152	3,694
Amortization of intangible assets	2,138	2,455	4,361	5,071
Acquisition and conversion costs		4,661		17,829
Branch closure expenses	1,280		1,280
Other expenses	2,806	2,075	5,324	4,029
Total noninterest expenses	55,241	58,967	109,081	126,252
Income before income taxes	21,038	19,528	42,471	29,789
Income tax expense	5,690	4,855	11,422	7,407
Net income	$ 15,348	$ 14,673	$ 31,049	$ 22,382
Earnings per common share:
Basic	$ 0.34	$ 0.32	$ 0.69	$ 0.48
Diluted	0.34	0.32	0.69	0.48
Dividends declared per common share	$ 0.17	$ 0.14	$ 0.32	$ 0.28
Weighted average number of shares outstanding:
Basic	45,128,698	46,194,880	45,117,396	46,583,975
Diluted	45,209,814	46,296,870	45,198,727	46,686,592

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 15,348	$ 14,673	$ 31,049	$ 22,382
Other comprehensive income (loss):
Change in fair value of cash flow hedges	1,809	(778)	319	(203)
Reclassification adjustment for losses included in net income (net of tax, $22 and $117 for the three months and $169 and $142 for the six months ended June 30, 2015 and 2014)	41	217	313	264
Unrealized gains (losses) on available-for-sale (AFS) securities:
Unrealized holding gains (losses) arising during period (net of tax, $3,686 and $3,625 for the three months and $1,649 and $7,024 for the six months ended June 30, 2015 and 2014)	(6,845)	6,733	(3,062)	13,046
Reclassification adjustment for (gains) losses included in net income (net of tax, $142 and $9 for the three months and $209 and $19 for the six months ended June 30, 2015 and 2014)	(263)	(17)	(388)	(36)
Unrealized gains (losses) on held-to-maturity (HTM) securities:
Accretion of unrealized gain for AFS securities transferred to HTM (net of tax, $112 and $0 for the three months and $112 and $0 for the six months ended June 30, 2015 and 2014).	(208)		(208)
Other comprehensive income (loss)	(5,466)	6,155	(3,026)	13,071
Comprehensive income	$ 9,882	$ 20,828	$ 28,023	$ 35,453

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Consolidated Statements of Comprehensive Income [Abstract]
Tax expense (benefit) related to reclassification adjustment for losses included in net income	$ 22,000	$ 117,000	$ 169,000	$ 142,000
Tax expense (benefit) related to unrealized holding (losses) gains arising during period	(3,686,000)	3,625,000	(1,649,000)	7,024,000
Tax expense (benefit) related to (gains) losses on AFS securities	(142,000)	(9,000)	(209,000)	(19,000)
Tax expense (benefit) related to (gains) losses for AFS securities transferred to HTM	$ (112,000)	$ 0	$ (112,000)	$ 0

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Surplus [Member]	Retained Earnings [Member]	[1]	Accumulated Other Comprehensive Income [Member]	Total
Balance at Dec. 31, 2013	$ 33,020	$ 170,770	$ 236,210		$ (2,190)	$ 437,810
Net income			22,382			22,382
Other comprehensive income (loss), (net of tax)					13,071	13,071
Issuance of common stock in regard to acquisition	29,457	520,066				549,523
Dividends on common stock			(12,503)			(12,503)
Stock purchased under stock repurchase plan	(1,785)	(32,121)				(33,906)
Issuance of common stock under Dividend Reinvestment Plan	31	522	(553)
Issuance of common stock under Equity Compensation Plans	80	863				943
Vesting of restricted stock under Equity Compensation Plans	11	(11)
Net settle for taxes on Restricted Stock Awards	(83)	(1,464)				(1,547)
Stock-based compensation expense		554				554
Balance at Jun. 30, 2014	60,731	659,179	245,536		10,881	976,327
Balance at Dec. 31, 2014	59,795	643,443	261,676		12,255	977,169
Net income			31,049			31,049
Other comprehensive income (loss), (net of tax)					(3,026)	(3,026)
Dividends on common stock			(13,727)			(13,727)
Stock purchased under stock repurchase plan	(240)	(3,890)				(4,130)
Issuance of common stock under Dividend Reinvestment Plan	45	656	(701)
Issuance of common stock under Equity Compensation Plans	34	386				420
Issuance of common stock for services rendered	12	188				200
Vesting of restricted stock under Equity Compensation Plans	40	(40)
Net settle for taxes on Restricted Stock Awards	(14)	(210)				(224)
Stock-based compensation expense		403				403
Balance at Jun. 30, 2015	$ 59,672	$ 640,936	$ 278,297		$ 9,229	$ 988,134
[1]	Retained earnings as of December 31, 2013 and 2014 includes the cumulative impact of $429,000 and $856,000, respectively, resulting from the adoption of ASU 2014-01 "Accounting For Investments in Qualified Affordable Housing Projects." See "Note 1 - Accounting Policies" for additional information.

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Dec. 31, 2013
Dividends on common stock, per share	$ 0.32	$ 0.28
Common Stock [Member]
Issuance of Common Stock in regard to acquisition, shares		22,147,874
Stock purchased under stock repurchase plan, shares	181,356	1,342,075
Issuance of common stock under Dividend Reinvestment Plan, shares	33,710	23,187
Issuance of common stock under Equity Compensation Plans, shares	25,873	60,470
Vesting of restricted stock under Equity Compensation Plans, shares	30,401	8,254
Issuance of common stock for services rendered, shares	9,200
Net settle for taxes on Restricted Stock Awards, shares	10,352	62,287
Retained Earnings [Member]
Dividends on common stock, per share	$ 0.32	$ 0.28
Impact of adoption of ASU 2014-01			$ 856,000	$ 429,000
Accumulated Other Comprehensive Income [Member]
Other comprehensive income (loss), tax	$ 1,801,000	$ 7,147,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating activities:
Net income	$ 31,049	$ 22,382
Adjustments to reconcile net income to net cash and cash equivalents provided by (used in) operating activities:
Depreciation of bank premises and equipment	5,374	5,470
Writedown of OREO	1,300	1,073
Amortization, net	6,946	7,129
Amortization related to acquisition, net	705	306
Provision for credit losses	5,499	1,500
Gains on securities transactions, net	(597)	(455)
Decrease in loans held for sale, net	3,069	940
Losses (gains) on sales of other real estate owned, net	100	(30)
Losses on sales of bank premises, net	74	304
Stock-based compensation expenses	403	554
Issuance of common stock for services	200
Net (increase) decrease in other assets	(2,799)	13,062
Net decrease in other liabilities	(11,213)	(3,341)
Net cash and cash equivalents provided by operating activities	40,110	48,894
Investing activities:
Purchases of securities available for sale	(122,049)	(291,070)
Proceeds from sales of securities available for sale	58,157	259,077
Proceeds from maturities, calls and paydowns of securities available for sale	70,086	68,448
Net (increase) decrease in loans	(168,449)	41,555
Net increase in bank premises and equipment	(3,284)	(4,879)
Proceeds from sales of other real estate owned	5,609	7,713
Improvements to other real estate owned	(299)	(59)
Cash paid for equity-method investments	(355)
Cash acquired in bank acquisitions		49,989
Net cash and cash equivalents (used in) provided by investing activities	(160,584)	130,774
Financing activities:
Net increase in noninterest-bearing deposits	90,298	95,205
Net increase (decrease) in interest-bearing deposits	57,096	(71,978)
Net decrease in short-term borrowings	(6,713)	(70,906)
Net increase in long-term borrowings	1,027	881
Cash dividends paid - common stock	(13,727)	(12,503)
Repurchase of common stock	(4,130)	(33,906)
Issuance of common stock	420	943
Taxes paid related to net share settlement of equity awards	(224)	(1,547)
Net cash and cash equivalents provided by (used in) financing activities	124,047	(93,811)
Increase in cash and cash equivalents	3,573	85,857
Cash and cash equivalents at beginning of the period	133,260	73,023
Cash and cash equivalents at end of the period	136,833	158,880
Cash payments for:
Interest	13,784	13,788
Income taxes	12,400	5,800
Supplemental schedule of noncash investing and financing activities
Unrealized (losses) gains on securities available for sale	(5,308)	20,015
Transfer from securities available for sale to securities held to maturity	201,822
Changes in fair value of interest rate swap loss	632	61
Transfers between loans and other real estate owned	412	2,704
Transfers from bank premises to other real estate owned	$ 402	6,052
Issuance of common stock in exchange for net assets in acquisition		549,523
Transactions related to bank and branch acquisitions
Assets acquired		2,957,521
Liabilities assumed		$ 2,642,120

ACCOUNTING POLICIES

ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2015
ACCOUNTING POLICIES [Abstract]
ACCOUNTING POLICIES	1. ACCOUNTING POLICIES The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. Significant inter-company accounts and transactions have been eliminated in consolidation. The unaudited consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and follow general practice within the banking industry. Accordingly, the unaudited consolidated financial statements do not include all the information and footnotes required by U.S. GAAP for complete financial statements. However, in the opinion of management, all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of the results of the interim periods presented have been made. The results of operations for the interim periods are not necessarily indicative of the results that may be expected for the full year. These financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s 2014 Annual Report on Form 10-K. If needed, certain previously reported amounts have been reclassified to conform to current period presentation. Adoption of New Accounting Standards The Company adopted ASU 2014-01, “ Accounting for Investments in Qualified Affordable Housing Projects ” as of January 1, 2015. As permitted by the guidance, the Company adopted the proportional amortization method of accounting for qualified affordable housing projects. The proportional amortization method amortizes the cost of the investment over the period in which the Company will receive tax credits and other tax benefits, and the resulting amortization is recognized as a component of income taxes attributable to continuing operations. Historically, these investments were accounted for under the equity method of accounting and the passive losses related to the investments were recognized within noninterest expense. The Company adopted this guidance in the first quarter of 2015 with retrospective application as required by the ASU. Prior period results and related metrics have been recast to conform to this presentation. The recast of prior period information did not have a material impact on the Company’s financial condition or results of operations. For the three and six months ended June 30, 2015, the Company recognized amortization of $1 04 ,000 and $ 279 ,000 , respectively, and tax credits of $ 170 ,000 and $ 427 ,000 , respectively, associated with these investments within “Income tax expense” on the Company’s Consolidated Statements of Income. The carrying value of the Company’s investments in these qualified affordable housing projects was $9. 7 million and $10.4 million as of June 30, 2015 and December 31, 2014, respectively. The Company recorded a liability of $5.1 million for the related unfunded commitments as of June 30, 2015, which are expected to be paid from 2015 to 2018. Recent Accounting Pronouncements In January 2015, the FASB issued ASU No. 2015-01, “ Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items .” The amendments in this ASU eliminate from U.S. GAAP the concept of extraordinary items. Subtopic 225-20, Income Statement - Extraordinary and Unusual Items , required that an entity separately classify, present, and disclose extraordinary events and transactions. Presently, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless evidence clearly supports its classification as an extraordinary item. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes and either present or disclose earnings-per-share data applicable to the extraordinary item. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company does not expect the adoption of ASU 2015-01 to have a material impact on its consolidated financial statements. In February 2015, the FASB issued ASU No. 2015-02, “ Amendments to the Consolidation Analysis .” The amendments in this ASU amend the consolidation requirements in ASC 810, Consolidation , and significantly change the consolidation analysis required under U.S. GAAP. Under this guidance, limited partnerships will be considered variable interest entities (“VIEs”) unless the limited partners have either substantive kick-out or participating rights; this amendment will result in more partnerships being considered VIEs, but it will be less likely that a general partner will consolidate a limited partnership. The amendments also change the effect that fees paid to a decision maker or service provider have on the consolidation analysis; it is less likely that the fees themselves will be considered a variable interest, that an entity will be a VIE, or that consolidation will result. The changes modify how a reporting entity considers how its variable interests affect its consolidation process; the related party tiebreaker test and mandatory consolidation by one of the related parties will have to be performed less frequently than under current U.S. GAAP. For entities other than limited partnerships, the amendments clarify how to determine whether the equity holders have power over the entity and could affect whether the entity is a VIE. The amendments are expected to result in the deconsolidation of many entities. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company is currently assessing the impact that ASU 2015-02 will have on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, “ Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs .” The ASU does not change the existing recognition and measurement guidance for debt issuance costs but requires that debt issuance costs related to a debt liability recorded on the balance sheet be present in the balance sheet as a direct deduction from the carrying amount of that debt liability. The amendments should be disclosed consistent with the disclosure requirement of a change in accounting principle and applied on a retrospective basis. This ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The Company does not expect the adoption of ASU 2015-03 to have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, “ Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40: Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement .” This ASU clarifies the circumstances under which a cloud computing customer would account for the arrangement as a license of internal-use software. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses; otherwise, the customer should account for the arrangement as a service contract. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The Company is currently assessing the impact of ASU 2015-05 will have on its consolidated financial statements.

ACQUISITIONS

ACQUISITIONS	6 Months Ended
	Jun. 30, 2015
ACQUISITIONS [Abstract]
ACQUISITIONS	2. ACQUISITIONS The Company’s merger and acquisition strategy focuses on high-growth areas with strong market demographics and targets organizations that have a comparable corporate culture, strong performance, and good asset quality, among other factors. On January 1, 2014, the Company completed the acquisition of StellarOne, a bank holding company based in Charlottesville, Virginia, in an all-stock transaction. StellarOne’s common shareholders received 0.9739 shares of the Company’s common stock in exchange for each share of StellarOne’s common stock, resulting in the Company issuing 22,147,874 shares of common stock at a fair value of $549.5 million. The fair value of assets acquired totaled $2.96 billion and liabilities assumed totaled $2.64 billion. As a result of the transaction, StellarOne’s former bank subsidiary, StellarOne Bank, became a wholly owned bank subsidiary of the Company. On May 9, 2014, StellarOne Bank was merged with and into the Bank. Information regarding this acquisition is included in the Company’s 2014 Annual Report on Form 10-K . The Company did not complete any acquisitions of businesses in 2015. The net effect of the amortization and accretion of premiums and discounts associated with the Company’s acquisition accounting adjustments had the following impact on the Consolidated Statements of Income during the three and six months ended June 30, 2015 and 2014 (dollars in thousands): For the Three Months Ended June 30, For the Six Months Ended June 30, 2015 2014 2015 2014 Loans (1) $ $ $ $ Core deposit intangible (2) Borrowings (3) Time deposits (4) Net impact to income before taxes $ $ $ $ (1) Loan discount (premium) accretion (amortization) is included in “ Interest and fees on loans ” in the “ Interest and dividend income ” section of the Company's Consolidated Statements of Income. (2) Core deposit intangible premium amortization is included in “ Amortization of intangible assets ” in the “ Noninterest expense ” section of the Company's Consolidated Statements of Income. (3) Borrowings discount accretion is included in “ Interest on long-term borrowings ” in the “ Interest Expense ” section of the Company's Consolidated Statements of Income. (4) Certificate of deposit discount accretion is included in “ Interest on deposits ” in the “ Interest expense ” section of the Company's Consolidated Statements of Income.

SECURITIES

SECURITIES	6 Months Ended
	Jun. 30, 2015
SECURITIES [Abstract]
SECURITIES	3. SECURITIES Available for Sale The amortized cost, gross unrealized gains and losses, and estimated fair values of securities available for sale as of June 30, 2015 and December 31, 2014 are summarized as follows (dollars in thousands): Amortized Gross Unrealized Estimated Cost Gains (Losses) Fair Value June 30, 2015 U.S. government and agency securities $ $ $ - $ Obligations of states and political subdivisions Corporate bonds Mortgage-backed securities Other securities Total available for sale securities $ $ $ $ December 31, 2014 U.S. government and agency securities $ $ $ $ Obligations of states and political subdivisions Corporate bonds Mortgage-backed securities Other securities Total available for sale securities $ $ $ $ The following table shows the gross unrealized losses and fair value (in thousands) of the Company’s available for sale investments with unrealized losses that are not deemed to be other-than-temporarily impaired. These are aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position. Less than 12 months More than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses June 30, 2015 Obligations of states and political subdivisions $ $ $ $ $ $ Mortgage-backed securities Corporate bonds and other securities Total available for sale $ $ $ $ $ $ December 31, 2014 U.S. government and agency securities $ $ $ - $ - $ $ Obligations of states and political subdivisions Mortgage-backed securities Corporate bonds and other securities Total available for sale $ $ $ $ $ $ As of June 3 0 , 2015 , there were $ 59.6 million, or 24 issues, of individual available for sale securities that had been in a continuous loss position for more than 12 months. Additionally, these securities had an unrealized loss of $1.1 million and consisted of municipal obligations, mortgage-backed securities , and corporate bonds. As of December 31, 2014, there were $ 96.4 million, or 60 issues, of individual securities that had been in a continuous loss position for more than 12 months. Additionally, these securities had an unrealized loss of $1.1 million and consisted of municipal obligations, mortgage-backed securities, corporate bonds, and other securities. The Company has determined that these securities are temporarily impaired as of June 3 0 , 2015 and December 31, 2014 for the reasons set out below: U.S. Government agencies and corporations. The unrealized losses in this category of investments were caused by interest rate fluctuations. The contractual terms of the investments do not permit the issuer to settle the securities at a price less than the cost basis of each investment. Because the Company does not intend to sell any of the investments and the accounting standard of “more likely than not” has not been met for the Company to be required to sell any of these investments before recovery of its amortized cost basis, which may be maturity, the Company does not consider these investments to be other-than-temporarily impaired. Mortgage-backed securities. This category’s unrealized losses are primarily the result of interest rate fluctuations. Since the decline in market value is attributable to changes in interest rates and not credit quality, the Company does not intend to sell the investments, and it is not more likely than not that the Company will be required to sell the investments before recovery of their amortized cost basis, which may be maturity, the Company does not consider those investments to be other-than-temporarily impaired. Also, the majority of the Company’s mortgage-backed securities are agency -backed securities, which have a government guarantee. State and political subdivisions. This category’s unrealized losses are primarily the result of interest rate fluctuations and also a certain few ratings downgrades brought about by the impact of the economic downturn on states and political subdivisions. The contractual terms of the investments do not permit the issuer to settle the securities at a price less than the cost basis of each investment. Because the Company does not intend to sell any of the investments and the accounting standard of “more likely than not” has not been met for the Company to be required to sell any of the investments before recovery of its amortized cost basis, which may be maturity, the Company does not consider these investments to be other-than-temporarily impaired. Corporate debt securities. The Company’s unrealized losses in corporate debt securities are related to both interest rate fluctuations and ratings downgrades for a limited number of securities. The majority of the securities remain investment grade and the Company’s analysis did not indicate the existence of a credit loss. The contractual terms of the investments do not permit the issuer to settle the securities at a price less than the cost basis of each investment. Because the Company does not intend to sell any of the investments before recovery of its amortized cost basis, which may be maturity, the Company does not consider these investments to be other-than-temporarily impaired. The following table presents the amortized cost and estimated fair value of available for sale securities as of June 30, 2015 and December 31, 2014 , by contractual maturity (dollars in thousands). Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. June 30, 2015 December 31, 2014 Amortized Estimated Amortized Estimated Cost Fair Value Cost Fair Value Due in one year or less $ $ $ $ Due after one year through five years Due after five years through ten years Due after ten years Total securities available for sale $ $ $ $ The following table presents available for sale securities which were pledged to secure public deposits, repurchase agreements, and for other purposes as permitted or required by law as of June 30, 2015 and December 31, 2014 (dollars in thousands): June 30, 2015 December 31, 2014 Fair Value Fair Value Public deposits $ $ Repurchase agreements Other purposes Total pledged securities $ $ Held to Maturity During the second quarter of 2015, the Company transferred securities, which it intends and has the ability to hold until maturity, with a fair value of $201.8 million on the date of transfer, from securities available for sale to securities held to maturity. The Company transferred these securities to held to maturity to reduce the impact of price volatility on capital and in consideration of changes to the regulatory environment. The securities included net pre-tax unrealized gains of $8.1 million at the date of transfer with a remaining balance of $7.8 million as of June 30, 2015. The Company reports securities held to maturity on the Consolidated Balance Sheets at carrying value. Carrying value is amortized cost which includes any unamortized unrealized gains and losses recognized in accumulated other comprehensive income prior to reclassifying the securities from securities available for sale to securities held to maturity. Investment securities transferred into the held to maturity category from the available for sale category are recorded at fair value at the date of transfer. The unrealized holding gain or loss at the date of transfer is retained in accumulated other comprehensive income and in the carrying value of the securities held to maturity. Such unrealized gains/(losses) are accreted over the remaining life of the security with no impact on future net income. The carrying value, gross unrealized gains and losses, and estimated fair values of securities held to maturity as of June 30, 2015 are summarized as follows (dollars in thousands): Carrying Gross Unrealized Estimated Value (1) Gains (Losses) Fair Value June 30, 2015 Obligations of states and political subdivisions $ $ $ $ (1) The carrying value includes $7.8 million of unrealized gains and losses present at the time of transfer from available for securities, net of any accretion. The following table shows the gross unrealized losses and fair value (in thousands) of the Company’s held to maturity investments with unrealized losses that are not deemed to be other-than-temporarily impaired. These are aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position. Less than 12 months More than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses June 30, 2015 Obligations of states and political subdivisions $ $ $ $ $ $ As of June 30, 2015, there were $4.2 million, or 4 issues, of individual held to maturity securities that had been in a continuous loss position for more than 12 months. Additionally, these securities had an unrealized loss of $44,000 and consisted of municipal obligations. The Company has determined that these securities are temporarily impaired as of June 30, 2015, as the related unrealized losses are primarily the result of interest rate fluctuations. The following table presents the amortized cost and estimated fair value of held to maturity securities as of June 30, 2015, by contractual maturity (dollars in thousands). Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. June 30, 2015 Carrying Estimated Value (1) Fair Value Due in one year or less $ $ Due after one year through five years Due after five years through ten years Due after ten years Total securities held to maturity $ $ (1) The carrying value includes $7.8 million of unrealized gains and losses present at the time of transfer from available for securities, net of any accretion. The following table presents held to maturity securities which were pledged to secure public deposits as permitted or required by law as of June 30, 2015 (dollars in thousands): June 30, 2015 Fair Value Public deposits $ Total pledged securities $ Restricted Stock, at cost Due to restrictions placed upon the Bank’s common stock investment in the Federal Reserve Bank and FHLB, these securities have been classified as restricted equity securities and carried at cost. These restricted securities are not subject to the investment security classifications and are included as a separate line item on the Company’s Consolidated Balance Sheets. At June 3 0 , 2015, the FHLB required the Bank to maintain stock in an amount equal to 4.25 % of outstanding borrowings and a specific percentage of the Bank’s total assets. At December 31, 2014, the FHLB required the Bank to maintain stock in an amount equal to 4.5% of outstanding borrowings and a specific percentage of the Bank’s total assets. The Federal Reserve Bank required the Bank to maintain stock with a par value equal to 6 % of its outstanding capital at both June 30, 2015 and December 31, 2014. Restricted equity securities consist of Federal Reserve Bank stock in the amount of $23.8 million for both June 30, 2015 and December 31, 2014 and FHLB stock in the amount of $ 26.4 million and $ 31.0 million as of June 3 0 , 2015 and December 31, 2014 , respectively. Other-Than-Temporary-Impairment During each quarter, the Company conducts an assessment of the securities portfolio for OTTI consideration. The assessment considers factors such as external credit ratings, delinquency coverage ratios, market price, management’s judgment, expectations of future performance, and relevant industry research and analysis. An impairment is other-than-temporary if any of the following conditions exist: the entity intends to sell the security; it is more likely than not that the entity will be required to sell the security before recovery of its amortized cost basis; or the entity does not expect to recover the security’s entire amortized cost basis (even if the entity does not intend to sell). If a credit loss exists, but an entity does not intend to sell the impaired debt security and is not more likely than not to be required to sell before recovery, the impairment is other-than-temporary and should be separated into a credit portion to be recognized in earnings and the remaining amount relating to all other factors recognized as other comprehensive loss. Based on the assessment for the quarter ended June 3 0 , 2015, and in accordance with the guidance, no OTTI was recognized. Realized Gains and Losses The following table presents the gross realized gains and losses on the sale of securities available for sale and the proceeds from the sale of securities available for sale during the three and six months ended June 30, 2015 (dollars in thousands) . The Company did not sell any investment securities that are held to maturity. Three months ended Six months ended June 30, 2015 June 30, 2015 Realized gains (losses): Gross realized gains $ $ Gross realized losses Net realized gains $ $ The following table presents the gross realized gains and losses on the sale of securities available for sale and the proceeds from the sale of securities available for sale during the three and six months ended June 30, 2014 (dollars in thousands) . Three months ended Six months ended June 30, 2014 June 30, 2014 Realized gains (losses): Gross realized gains $ $ Gross realized losses Net realized gains $ $

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	6 Months Ended
	Jun. 30, 2015
LOANS AND ALLOWANCE FOR LOAN LOSSES [Abstract]
LOANS AND ALLOWANCE FOR LOAN LOSSES	4. LOANS AND ALLOWANCE FOR LOAN LOSSES Loans are stated at their face amount, net of deferred fees and costs, and consist of the following at June 30, 2015 and December 31, 2014 (dollars in thousands): June 30, December 31, 2015 2014 Commercial: Commercial Construction $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial Consumer: Mortgage Consumer Construction Indirect Auto Indirect Marine HELOCs Credit Card Other Consumer Total $ $ The following table shows the aging of the Company’s loan portfolio, by class, at June 30, 2015 (dollars in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days and still Accruing PCI Nonaccrual Current Total Loans Commercial: Commercial Construction $ - $ - $ $ $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial - Consumer: Mortgage Consumer Construction - - - Indirect Auto - - Indirect Marine - - - HELOCs Credit Card - - Other Consumer Total $ $ $ $ $ $ $ The following table shows the aging of the Company’s loan portfolio, by class, at December 31, 2014 (dollars in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days and still Accruing PCI Nonaccrual Current Total Loans Commercial: Commercial Construction $ $ - $ - $ $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial - Consumer: Mortgage Consumer Construction - - Indirect Auto - - Indirect Marine - - - HELOCs Credit Card - - Other Consumer Total $ $ $ $ $ $ $ The following table shows the PCI commercial and consumer loan portfolios, by class and their delinquency status, at June 30, 2015 (dollars in thousands): 30-89 Days Past Due Greater than 90 Days Current Total Commercial: Commercial Construction $ - $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial Consumer: Mortgage Consumer Construction - - HELOCs Other Consumer Total $ $ $ $ The following table shows the PCI commercial and consumer loan portfolios, by class and their delinquency status, at December 31, 2014 (dollars in thousands): 30-89 Days Past Due Greater than 90 Days Current Total Commercial: Commercial Construction $ - $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots - Single Family Investment Real Estate Commercial and Industrial Other Commercial Consumer: Mortgage Consumer Construction - - HELOCs Other Consumer Total $ $ $ $ The Company measures the amount of impairment by evaluating loans either in their collective homogeneous pools or individually. The following table shows the Company’s impaired loans, excluding PCI loans related to the StellarOne acquisition, by class at June 30, 2015 (dollars in thousands): Recorded Investment Unpaid Principal Balance Related Allowance YTD Average Investment Interest Income Recognized Loans without a specific allowance Commercial: Commercial Construction $ $ $ - $ $ Commercial Real Estate - Owner Occupied - Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial - Other Commercial - Consumer: Mortgage - Indirect Auto - - - HELOCs - Other Consumer - - Total impaired loans without a specific allowance $ $ $ - $ $ Loans with a specific allowance Commercial: Commercial Construction $ $ $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial Consumer: Mortgage Consumer Construction Indirect Marine - Other Consumer Total impaired loans with a specific allowance $ $ $ $ $ Total impaired loans $ $ $ $ $ The following table shows the Company’s impaired loans, by class, at December 31, 2014 (dollars in thousands): Recorded Investment Unpaid Principal Balance Related Allowance YTD Average Investment Interest Income Recognized Loans without a specific allowance Commercial: Commercial Construction $ $ $ - $ $ Commercial Real Estate - Owner Occupied - Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial - Other Commercial - Consumer: Mortgage - Indirect Auto - - - Indirect Marine - - HELOCs - Other Consumer - - Total impaired loans without a specific allowance $ $ $ - $ $ Loans with a specific allowance Commercial: Commercial Construction $ $ $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial Consumer: Mortgage Consumer Construction Indirect Marine HELOCs Other Consumer Total impaired loans with a specific allowance $ $ $ $ $ Total impaired loans $ $ $ $ $ The Company considers TDRs to be impaired loans. A modification of a loan’s terms constitutes a TDR if the creditor grants a concession that it would not otherwise consider to the borrower for economic or legal reasons related to the borrower’s financial difficulties. TDRs totaled $22.1 million and $ 26.8 million as of June 30, 2015 and December 31, 2014 , respectively. All loans that are considered to be TDRs are evaluated for impairment in accordance with the Company’s allowance for loan loss methodology and are included in the preceding impaired loan tables. For the quarter ended June 30, 2015, the recorded investment in restructured loans prior to modifications was not materially impacted by the modification. The following table provides a summary, by class, of modified loans that continue to accrue interest under the terms of the restructuring agreement, which are considered to be performing, and modified loans that have been placed on nonaccrual status, which are considered to be nonperforming, as of June 30, 2015 and December 31, 2014 (dollars in thousands): June 30, 2015 December 31, 2014 No. of Loans Recorded Investment Outstanding Commitment No. of Loans Recorded Investment Outstanding Commitment Performing Commercial: Commercial Construction $ $ - $ $ - Commercial Real Estate - Owner Occupied - - Commercial Real Estate - Non-Owner Occupied - - Raw Land and Lots - - Single Family Investment Real Estate - - Commercial and Industrial - - Other Commercial - - Consumer: Mortgage - - Other Consumer - - Total performing $ $ - $ $ - Nonperforming Commercial: Commercial Construction $ $ - $ $ - Commercial Real Estate - Owner Occupied - - Commercial Real Estate - Non-Owner Occupied - - Raw Land and Lots - - Single Family Investment Real Estate - - Commercial and Industrial - - Other Commercial - - Consumer: Mortgage - - Other Consumer - - Total nonperforming $ $ - $ $ - Total performing and nonperforming $ $ - $ $ - The Company considers a default of a restructured loan to occur when the borrower is 90 days past due following the restructure or a foreclosure and repossession of the applicable collateral occurs. During the three and six months ended June 30, 2015, the Company did not identify any restructured loans that went into default that had been restructured in the twelve-month period prior to default. During the three and six months ended June 30, 2014, the Company identified one loan, totaling approximately $24,000 , that went into default that had been restructured in the twelve-month period prior to the time of default. This loan was a mortgage loan which had a term modification at a market rate. The following table shows, by class and modification type, TDRs that occurred during the three and six months ended June 30, 2015 (dollars in thousands): Three months ended Six months ended June 30, 2015 June 30, 2015 No. of Loans Recorded Investment at Period End No. of Loans Recorded Investment at Period End Term modification, at a market rate Commercial: Commercial Real Estate - Owner Occupied $ $ Commercial and Industrial - - Total loan term extended at a market rate $ $ Term modification, below market rate Commercial: Commercial Real Estate - Owner Occupied $ $ Total loan term extended at a below market rate $ $ Total $ $ The following table shows, by class and modification type, TDRs that occurred during the three and six months ended June 30, 2014 (dollars in thousands): Three months ended Six months ended June 30, 2014 June 30, 2014 No. of Loans Recorded Investment at Period End No. of Loans Recorded Investment at Period End Term modification, at a market rate Commercial: Single Family Investment Real Estate - $ - $ Commercial and Industrial Other Commercial - - Total loan term extended at a market rate $ $ Total $ $ The following table shows the allowance for loan loss activity, balances for allowance for loan losses, and loan balances based on impairment methodology by portfolio segment for the six months ended and as of June 30, 2015 . The table below includes the provision for loan losses. In addition, a $200,000 provision was recognized during the current quarter for unfunded loan commitments for which the reserves are recorded as a component of “Other Liabilities” on the Company’s Consolidated Balance Sheets. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories (dollars in thousands): Commercial Consumer Total Allowance for loan losses: Balance, beginning of the year $ $ $ Recoveries credited to allowance Loans charged off Provision charged to operations Balance, end of period $ $ $ Ending Balance, ALL: Loans individually evaluated for impairment $ $ $ Loans collectively evaluated for impairment Loans acquired with deteriorated credit quality - - - Total $ $ $ Ending Balance, Loans: Loans individually evaluated for impairment $ $ $ Loans collectively evaluated for impairment Loans acquired with deteriorated credit quality Total $ $ $ The following table shows the allowance for loan loss activity, balances for allowance for loan losses, and loan balances based on impairment methodology by portfolio segment for the six months ended and as of June 30, 201 4 . Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories (dollars in thousands): Commercial Consumer Total Allowance for loan losses: Balance, beginning of the year $ $ $ Recoveries credited to allowance Loans charged off Provision charged to operations Balance, end of period $ $ $ Ending Balance, ALL: Loans individually evaluated for impairment $ $ $ Loans collectively evaluated for impairment Loans acquired with deteriorated credit quality - - - Total $ $ $ Ending Balance, Loans: Loans individually evaluated for impairment $ $ $ Loans collectively evaluated for impairment Loans acquired with deteriorated credit quality Total $ $ $ The Company uses the past due status and delinquency trends as the primary credit quality indicator for the consumer loan portfolio segment while a risk rating system is utilized for commercial loans. Commercial loans are graded on a scale of 1 through 9. A general description of the characteristics of the risk grades follows: · Risk rated 1 loans have little or no risk and are generally secured by cash or cash equivalents; · Risk rated 2 loans have minimal risk to well qualified borrowers and no significant questions as to safety; · Risk rated 3 loans are satisfactory loans with strong borrowers and secondary sources of repayment; · Risk rated 4 loans are satisfactory loans with borrowers not as strong as risk rated 3 loans and may exhibit a greater degree of financial risk based on the type of business supporting the loan; · Risk rated 5 loans are watch loans that warrant more than the normal level of supervision and have the possibility of an event occurring that may weaken the borrower’s ability to repay; · Risk rated 6 loans have increasing potential weaknesses beyond those at which the loan originally was granted and if not addressed could lead to inadequately protecting the Company’s credit position; · Risk rated 7 loans are substandard loans and are inadequately protected by the current sound worth or paying capacity of the obligor or the collateral pledged; these have well defined weaknesses that jeopardize the liquidation of the debt with the distinct possibility the Company will sustain some loss if the deficiencies are not corrected; · Risk rated 8 loans are doubtful of collection and the possibility of loss is high but pending specific borrower plans for recovery, its classification as a loss is deferred until its more exact status is determined; and · Risk rated 9 loans are loss loans which are considered uncollectable and of such little value that their continuance as bankable assets is not warranted. The following table shows the recorded investment in all loans, excluding PCI loans, in the commercial portfolios by class with their related risk rating current as of June 30, 2015 (dollars in thousands): 1-3 4 5 6 7 8 Total Commercial Construction $ $ $ $ $ $ - $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial - Other Commercial - Total $ $ $ $ $ $ $ The following table shows the recorded investment in all loans, excluding PCI loans, in the commercial portfolios by class with their related risk rating current as of December 31, 2014 (dollars in thousands): 1-3 4 5 6 7 8 Total Commercial Construction $ $ $ $ $ $ - $ Commercial Real Estate - Owner Occupied - Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial - Other Commercial - Total $ $ $ $ $ $ - $ The following table shows the recorded investment in only PCI loans in the commercial portfolios by class with their related risk rating and credit quality indicator information current as of June 30, 2015 (dollars in thousands): 4 5 6 7 8 Total Commercial Construction $ - $ - $ $ $ $ Commercial Real Estate - Owner Occupied - Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial Other Commercial - - Total $ $ $ $ $ $ The following table shows the recorded investment in only PCI loans in the commercial portfolios by class with their related risk rating and credit quality indicator information current as of December 31, 2014 (dollars in thousands): 4 5 6 7 8 Total Commercial Construction $ - $ - $ $ $ $ Commercial Real Estate - Owner Occupied - Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial - Other Commercial - - - Total $ $ $ $ $ $ Loans acquired are originally recorded at fair value, with certain loans being identified as impaired at the date of purchase. The fair values were determined based on the credit quality of the portfolio, expected future cash flows, and timing of those expected future cash flows. The following shows changes in the accretable yield for loans accounted for under ASC 310-30 , Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality , for the periods presented (dollars in thousands): For the Six Months ended June 30, 2015 2014 Balance at beginning of period $ $ Additions - Accretion Reclass of nonaccretable difference due to improvement in expected cash flows - Other, net (1) Balance at end of period $ $ (1) This line item represents changes in the cash flows expected to be collected due to the impact of non-credit changes such as prepayment assumptions, changes in interest rates on variable rate PCI loans, and discounted payoffs that occurred in the quarter. The carrying value of the Company’s PCI loan portfolio, accounted for under ASC 310-30, totaled $87.8 million at June 30, 2015 and $105.8 million at December 31, 2014. The outstanding balance of the Company’s PCI loan portfolio totaled $107.1 million at June 30, 2015 and $126.3 million at December 31, 2014. The carrying value of the Company’s acquired performing loan portfolio, accounted for under ASC 310-20, Receivables – Nonrefundable Fees and Other Costs , totaled $1.6 billion at June 30, 2015 and $1.8 billion at December 31, 2014; the remaining discount on these loans totaled $23.0 million at June 30, 2015 and $24.3 million at December 31, 2014 , respectively.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2015
INTANGIBLE ASSETS [Abstract]
INTANGIBLE ASSETS	5 . INTANGIBLE ASSETS The Company’s intangible assets consist of core deposits and goodwill arising from previous acquisitions. The Company has determined that core deposit intangibles have a finite life and amortizes them over their estimated useful life. Core deposit intangible assets are being amortized over the period of expected benefit, which ranges from 4 to 14 years, using an accelerated method. On January 1, 2014, the Company completed the acquisition of StellarOne and acquired intangible assets of $29.6 million and recorded $234.1 million of goodwill. In accordance with ASC 350, Intangibles-Goodwill and Other, the Company reviews the carrying value of indefinite lived intangible assets at least annually or more frequently if certain impairment indicators exist. The Company performed its annual impairment testing in the second quarter of 2015 and determined that there was no impairment to its goodwill or intangible assets. Information concerning intangible assets with a finite life is presented in the following table (dollars in thousands): Gross Carrying Value Accumulated Amortization Net Carrying Value June 30, 2015 Amortizable core deposit intangibles $ $ $ December 31, 2014 Amortizable core deposit intangibles $ $ $ June 30, 2014 Amortizable core deposit intangibles $ $ $ Amortization expense of core deposit intangibles for the three and six months ended June 30, 2015 totaled $2.1 million and $4.4 million, respectively ; for the three and six months ended June 30, 2014 totaled $2.5 million and $5.1 million, respectively ; and for the year ended December 31, 2014 was $9.8 million. As of June 30, 2015 , the estimated remaining amortization expense of core deposit intangibles is as follows (dollars in thousands): For the remaining six months of 2015 $ For the year ending December 31, 2016 For the year ending December 31, 2017 For the year ending December 31, 2018 For the year ending December 31, 2019 For the year ending December 31, 2020 Thereafter Total estimated amortization expense $

BORROWINGS

BORROWINGS	6 Months Ended
	Jun. 30, 2015
BORROWINGS [Abstract]
BORROWINGS	6. BORROWINGS Short-term Borrowings The Company classifies all borrowings that will mature within a year from the date on which the Company enters into them as short-term borrowings. Total short-term borrowings consist primarily of advances from the FHLB, federal funds purchased (which are secured overnight borrowings from other financial institutions), and other lines of credit. Also included in total short-term borrowings are securities sold under agreements to repurchase, which are secured transactions with customers and generally mature the day following the date sold. Total short-term borrowings consist of the following as of June 30, 201 5 and December 31, 201 4 (dollars in thousands): June 30, December 31, 2015 2014 Securities sold under agreements to repurchase $ $ Other short-term borrowings Total short-term borrowings $ $ Maximum month-end outstanding balance $ $ Average outstanding balance during the period Average interest rate during the period Average interest rate at end of period Other short-term borrowings: FHLB $ $ Other lines of credit The Bank maintains federal funds lines with several correspondent banks; the remaining available balance was $175 .0 million and $ 150.0 million at June 30, 2015 and December 31, 2014 , respectively. The Company has certain restrictive covenants related to certain asset quality, capital, and profitability metrics associated with these lines and is considered to be in compliance with these covenants. Additionally, the Company had a collateral dependent line of credit with the FHLB of up to $1. 5 b illion and $ 1.4 billion at June 30, 2015 and December 31, 2014 , respectively. Long-term Borrowings In connection with two bank acquisitions prior to 2006, the Company issued trust preferred capital notes to fund the cash portion of those acquisitions, collectively totaling $58.5 million. In connection with the acquisition of StellarOne, the Company acquired trust preferred capital notes totaling $32.0 million with a remaining fair value discount of $7.1 million at June 30, 2015. The trust preferred capital notes currently qualify for Tier 1 capital of the Company for regulatory purposes. Principal Investment (1) Spread to 3-Month LIBOR Rate Maturity Trust Preferred Capital Note - Statutory Trust I $ $ 6/17/2034 Trust Preferred Capital Note - Statutory Trust II 6/15/2036 VFG Limited Liability Trust I Indenture 3/18/2034 FNB Statutory Trust II Indenture 6/26/2033 Total $ $ (1) reported as “Other Assets” within the Consolidated Balance Sheets. As part of a prior acquisition, the Company assumed subordinated debt with terms of LIBOR plus 1.45 % and a maturity date of April 2016 . At June 30, 2015 , the carrying value of the subordinated debt was $17.5 million, with a remaining fair value discount of $ 408,000 . On August 23, 2012, the Company modified its fixed rate FHLB advances to floating rate advances, which resulted in reducing the Company’s FHLB borrowing costs. In connection with this modification, the Company incurred a prepayment penalty of $ 19.6 million on the original advances, which is included as a component of long-term borrowings in the Company’s Consolidated Balance Sheets. In accordance with ASC 470-50, Modifications and Extinguishments , the Company will amortize this prepayment penalty over the term of the modified advances using the effective rate method. The amortization expense is included as a component of interest expense on long-term borrowings in the Company’s Consolidated Statements of Income. Amortization expense for the three and six months ended June 30, 2015 and 2014 was $455,000 and $902,000 and $444,000 and $881,000 , respectively. In connection with the StellarOne acquisition, the Company assumed $70.0 million in long-term borrowings with the FHLB that had a remaining fair value premium of $1.6 million at June 30, 2015. As of June 30, 2015 , the Company had advances from the FHLB consisting of the following (dollars in thousands): Long-term Type Spread to 3-Month LIBOR Interest Rate Maturity Date Advance Amount Adjustable Rate Credit 0.44% 0.72% 8/23/2022 $ Adjustable Rate Credit 0.45% 0.74% 11/23/2022 Adjustable Rate Credit 0.45% 0.74% 11/23/2022 Adjustable Rate Credit 0.45% 0.74% 11/23/2022 Fixed Rate - 3.62% 11/28/2017 Fixed Rate - 3.44% 7/28/2015 Fixed Rate - 3.75% 7/30/2018 Fixed Rate - 3.97% 7/30/2018 Fixed Rate Hybrid - 2.11% 10/5/2016 Fixed Rate Hybrid - 0.91% 7/25/2016 $ As of December 31, 2014 , the Company had advances from the FHLB consisting of the following (dollars in thousands): Long-term Type Spread to 3-Month LIBOR Interest Rate Maturity Date Advance Amount Adjustable Rate Credit 0.44% 0.70% 8/23/2022 $ Adjustable Rate Credit 0.45% 0.71% 11/23/2022 Adjustable Rate Credit 0.45% 0.71% 11/23/2022 Adjustable Rate Credit 0.45% 0.71% 11/23/2022 Fixed Rate - 3.62% 11/28/2017 Fixed Rate - 3.44% 7/28/2015 Fixed Rate - 3.75% 7/30/2018 Fixed Rate - 3.97% 7/30/2018 Fixed Rate Hybrid - 2.11% 10/5/2016 Fixed Rate Hybrid - 0.91% 7/25/2016 $ The carrying value of the loans and securities pledged as collateral for FHLB advances totaled $1.8 billion and $ 1.2 billion as of June 30, 2015 and December 31, 2014 , respectively. As of June 30, 2015 , the contractual maturities of long-term debt are as follows for the years ending (dollars in thousands): Trust Preferred Capital Notes Subordinated Debt FHLB Advances Fair Value Premium (Discount) Prepayment Penalty Total Long-term Borrowings Remaining six months in 2015 $ - $ - $ $ $ $ 2016 - 2017 - - 2018 - - 2019 - - - 2020 - - - Thereafter - Total Long-term borrowings $ $ $ $ $ $

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2015
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	7. COMMITMENTS AND CONTINGENCIES Litigation Matters In the ordinary course of its operations, the Company and its subsidiaries are parties to various legal proceedings. Based on the information presently available, and after consultation with legal counsel, management believes that the ultimate outcome in such proceedings, in the aggregate, will not have a material adverse effect on the business, financial condition, or results of operations of the Company. Financial Instruments with Off-Balance Sheet Risk The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers and to reduce its own exposure to fluctuations in interest rates. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve elements of credit and interest rate risk in excess of the amount recognized in the Company’s Consolidated Balance Sheets. The contractual amounts of these instruments reflect the extent of the Company’s involvement in particular classes of financial instruments. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit and letters of credit written is represented by the contractual amount of these instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Unless noted otherwise, the Company does not require collateral or other security to support off-balance sheet financial instruments with credit risk. The Company considers credit losses related to off-balance sheet commitments by undergoing a similar process in evaluating losses for loans that are carried on balance sheet. The Company considers historical loss rates, current economic conditions, risk ratings, and past due status among other factors in the consideration of whether credit losses are inherent in the Company’s off-balance sheet commitments to extend credit. The Company does not expect credit losses arising from off-balance sheet commitments to have a material adverse impact on the Company’s consolidated financial statements. Commitments to extend credit are agreements to lend to customers as long as there are no violations of any conditions established in the contracts. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Because many of the commitments may expire without being completely drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Letters of credit are conditional commitments issued by the Company to guarantee the performance of customers to third parties. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. UMG, a wholly owned subsidiary of the Bank, uses rate lock commitments and best efforts contracts during the origination process and for loans held for sale. These best efforts contracts are designed to mitigate UMG’s exposure to fluctuations in interest rates in connection with rate lock commitments and loans held for sale. The Company held approximately $2.7 million and $2.6 million in loans available for sale in which the related rate lock commitment had expired as of June 30, 2015 and December 31, 2014, respectively. At June 30, 2015 and December 31, 2014, the reserves associated with these loans held for sale were $102,000 and $104,000 , respectively, and are reflected on the balance sheet of the mortgage segment. The following table presents the balances of commitments and contingencies ( dollars in thousands): June 30, December 31, 2015 2014 Commitments with off-balance sheet risk: Commitments to extend credit (1) $ $ Standby letters of credit Mortgage loan rate lock commitments Total commitments with off-balance sheet risk $ $ Commitments with balance sheet risk: Loans held for sale $ $ Total other commitments $ $ (1) Includes unfunded overdraft protection. The Company must maintain a reserve against its deposits in accordance with Regulation D of the Federal Reserve Act. For the final weekly reporting period in the periods ended June 30, 2015 and December 31, 2014 , the aggregate amount of daily average required reserves was approximately $47.9 million and $ 48.7 million, respectively. The Company has approximately $2 5 . 4 million in deposits in other financial institutions, of which $ 9 . 5 million and $3.5 million serve as collateral for the cash flow hedges and loan swaps, respectively, as discussed in Note 8 “Derivatives”. The Company had approximately $11.3 million in deposits in other financial institutions that were uninsured at June 30, 2015 . On an annual basis, the Company’s management evaluates the loss risk of its uninsured deposits in financial counterparties. For asset/liability management purposes, the Company uses interest rate swap agreements to hedge various exposures or to modify the interest rate characteristics of various balance sheet accounts. See Note 8 “Derivatives” for additional information. In the ordinary course of business, the Company records an indemnification reserve relating to mortgage loans previously sold based on historical statistics and loss rates; as of June 30, 2015 and December 31, 2014, the Company’s indemnification reserve for such mortgage loans was $447,000 and $662,000 , respectively.

DERIVATIVES

DERIVATIVES	6 Months Ended
	Jun. 30, 2015
DERIVATIVES [Abstract]
DERIVATIVES	8. DERIVATIVES The Company is exposed to economic risks arising from its business operations and uses derivatives primarily to manage risk associated with changing interest rates, and to assist customers with their risk management objectives. The Company designates its derivatives either as hedging instruments in a qualifying hedge accounting relationship (cash flow or fair value hedge) or as a free standing derivative such as interest rate lock commitments that do not qualify for hedge accounting. The Company uses interest rate derivatives to manage its exposure to interest rate movements and add stability to interest income and expense. The Company also enters into back-to-back loan swaps to assist customers in managing the risks due to changing interest rates. Cash Flow Hedges As part of its cash flow hedging strategy, the Company uses interest rate swap agreements to limit the variability of expected future cash flows (primarily associated with the Company’s variable rate borrowings) by exchanging a notional amount, equal to the principal amount of the borrowings, for fixed-rate interest based on benchmarked interest rates. As of June 30, 2015, the Company had 11 interest rate swaps designated as cash flow hedges with an aggregate notional amount of $263.0 million. The Company has entered into three interest rate swap agreements (the “trust swaps”) to mitigate the variable interest rate risk related to the trust preferred capital notes further described in Note 6 “Borrowings.” The Company receives interest of LIBOR from a counterparty and pays a weighted average fixed rate of 2.77% to the same counterparty calculated on a notional amount of $68.0 million. The original terms of the trust swaps range from three to six years. The Company has entered into four interest rate swap agreements (the “prime loan swaps”) to mitigate the variable interest rate risks of certain prime commercial loans. The Company receives a fixed interest rate ranging from 4 .71 % to 5.20 % from the counterparty and pays interest based on the Wall Street Journal prime index, with a spread of up to 0.49% , to the same counterparty calculated on a notional amount of $55.0 million. One of the four prime loan swaps contains a floor rate of 4.00% . The original terms of the four prime loan swaps is six years with a fixed rate that started September 17, 2013 . The Company has entered into four interest rate swap agreements (“FHLB advance swaps”) to mitigate variable interest rate risk on certain designated variable rate FHLB borrowings. The Company receives an interest rate based on the three month LIBOR from the counterparty and pays an interest rate ranging from 3.16% to 3.46% to the same counterparty calculated on a notional amount of $140.0 million. The FHLB advance swaps are deferred starting swaps with terms of six years and five years and effective dates of February 23, 2017 and February 23, 2018 , respectively. All swaps were entered into with counterparties that met the Company’s credit standards and the agreements contain collateral provisions protecting the at-risk party. The Company believes that the credit risk inherent in the contract is not significant. As of June 30, 2015, the Company had $9.5 million of cash pledged as collateral for the cash flow hedges and securities with a market value of $4.5 million pledged as collateral for the prime loan swaps and FHLB advance swaps. Amounts receivable or payable are recognized as accrued under the terms of the agreements. In accordance with ASC 815, Derivatives and Hedging , the Company has designated the trust swaps, prime loan swaps, and FHLB advance swaps as cash flow hedges, with the effective portions of the derivatives’ unrealized gains or losses recorded as a component of other comprehensive income. The ineffective portions of the unrealized gains or losses, if any, would be recorded in interest income and interest expense in the Company’s Consolidated Statements of Income. The Company has assessed the effectiveness of each hedging relationship by comparing the changes in cash flows of the hedging instrument. Based on the Company’s assessment, its cash flow hedges are highly effective. At June 30, 2015 , the fair value of the Company’s cash flow hedges was a net unrealized loss of $ 7.0 million, the amount the Company would have expected to pay if the contracts were terminated. Shown below is a summary of the derivatives designated as cash flow hedges at June 30, 2015 and December 31, 2014 (dollars in thousands): Notional Receive Pay Life Positions Amount Asset Liability Rate Rate (Years) As of June 30, 2015 Pay fixed - receive floating interest rate swaps 7 $ $ - $ (1) (1) (1) Receive fixed - pay floating interest rate swaps 4 $ $ $ - (1) Due to their deferred nature, the rates and the life exclude the four FHLB advance swaps. Notional Receive Pay Life Positions Amount Asset Liability Rate Rate (Years) As of December 31, 2014 Pay fixed - receive floating interest rate swaps 7 $ $ - $ (1) (1) (1) Receive fixed - pay floating interest rate swaps 4 $ $ $ - (1) Due to their deferred nature, the rates and the life exclude the four FHLB advance swaps. Fair Value Hedge During the normal course of business, the Company enters into interest rate swaps to convert certain long-term fixed-rate loans to floating rates to hedge the Company’s exposure to interest rate risk. The Company applies hedge accounting in accordance with ASC 815, and the fair value hedge and the underlying hedged item, attributable to the risk being hedged, are recorded at fair value with unrealized gains and losses being recorded in the Company’s Consolidated Statements of Income. The ineffective portions of the unrealized gains or losses, if any, would be recorded in interest income and interest expense in the Company’s Consolidated Statements of Income. The Company uses statistical regression analysis to assess hedge effectiveness, both at inception of the hedging relationship and on an ongoing basis. The regression analysis involves regressing the periodic change in fair value of the hedging instrument against the periodic changes in fair value of the asset being hedged due to changes in the hedged risk. As of June 30, 2015 , the Company had three swap s constituting fair value hedge s , whereby the Company pays a fixed interest rate ranging from 3.23% to 3.53% to the counterparty and receives interest of one month LIBOR plus a spread of up to 2.13% from the same counterparty calculated on a n aggregate notional amount of $53.6 million with term s ranging from 15 to 17 years. At December 31, 2014, the Company had one fair value hedge with an aggregate notional amount of $38.3 million. At June 30, 2015, the fair value of the Company’s fair value hedge s was an unrealized gain of $542,000 , the amount the Company would have expected to receive if the contract was terminated; the asset is reported in “Other Assets ” in the Company’s Consolidated Balance Sheets. At June 30, 2015, the aggregate notional amount of the hedged item s was $53.6 million with a fair value of ($483,000) . At December 31, 2014, the Company had one hedged item with an aggregate notional amount of $38.3 million. The Company’s fair value hedges continue to be highly effective and had no material impact on the Company’s Consolidated Statements of Income. Loan Swaps During the normal course of business, the Company enters into interest rate swap loan relationships (“loan swaps”) with borrowers to meet their financing needs. Upon entering into the loan swaps, the Company enters into offsetting positions with counterparties in order to minimize interest rate risk. These back-to-back loan swaps qualify as financial derivatives with fair values as reported in “Other Assets” and “Other Liabilities” in the Company’s Consolidated Balance Sheets. As of June 30, 2015, the Company had cash and securities with a market value of $6.5 million pledged as collateral for the loan swaps. Shown below is a summary regarding loan swap derivative activities at June 30, 2015 and December 31, 2014 (dollars in thousands): Notional Receive Pay Life Positions Amount Asset Liability Rate Rate (Years) As of June 30, 2015 Receive fixed - pay floating interest rate swaps 35 $ $ $ - Pay fixed - receive floating interest rate swaps 35 $ $ - $ Notional Receive Pay Life Positions Amount Asset Liability Rate Rate (Years) As of December 31, 2014 Receive fixed - pay floating interest rate swaps 30 $ $ $ - Pay fixed - receive floating interest rate swaps 30 $ $ - $ Interest Rate Lock Commitments During the normal course of business, the Company enters into commitments to originate mortgage loans whereby the interest rate on the loan is determined prior to funding (“rate lock commitments”). Rate lock commitments on mortgage loans that are intended to be sold are considered to be derivatives. The period of time between issuance of a loan commitment, closing, and sale of the loan generally ranges from 30 to 120 days. The Company protects itself from changes in interest rates through the use of best efforts forward delivery commitments, whereby the Company commits to sell a loan at the time the borrower commits to an interest rate with the intent that the buyer has assumed interest rate risk on the loan. The correlation between the rate lock commitments and the best efforts contracts is high due to their similarity. The market values of rate lock commitments and best efforts forward delivery commitments is not readily ascertainable with precision because rate lock commitments and best efforts contracts are not actively traded in stand-alone markets. The Company determines the fair value of rate lock commitments and best efforts contracts by measuring the change in the value of the underlying asset while taking into consideration the probability that the rate lock commitments will close. The fair value of the rate lock commitments as of June 30, 2015 was $344,000 and is reported as a component of “Other Assets” in the Company’s Consolidated Balance Sheets; the fair value of the Company’s best efforts forward delivery commitments was ($570,000) and is recorded as a component of “Other Liabilities” in the Company’s Consolidated Balance Sheets. Any impact to income is recorded in current period earnings as a component of “Gain on sale of mortgage loans, net of commissions” in the Company’s Consolidated Statements of Income. T he aggregate notional amount of these derivatives was $74.8 million and $49.6 million at June 30, 2015 and December 31, 2014, respectively .

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	6 Months Ended
	Jun. 30, 2015
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 . ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The change in accumulated other comprehensive income (loss) for the three and six months ended June 30, 2015 is summarized as follows, net of tax ( dollars in thousands ): Unrealized Gains (Losses) on AFS Securities Unrealized Gain for AFS Securities Transferred to HTM Change in Fair Value of Cash Flow Hedge Total Balance - March 31, 2015 $ $ - $ $ Unrealized gain transferred from AFS to HTM - - Other comprehensive income (loss) Amounts reclassified from accumulated other comprehensive income - Net current period other comprehensive income (loss) Balance - June 30, 2015 $ $ $ $ Unrealized Gains (Losses) on AFS Securities Unrealized Gain for AFS Securities Transferred to HTM Change in Fair Value of Cash Flow Hedges Total Balance - December 31, 2014 $ $ - $ $ Unrealized gain transferred from AFS to HTM - - Other comprehensive income (loss) Amounts reclassified from accumulated other comprehensive income - Net current period other comprehensive income (loss) Balance - June 30, 2015 $ $ $ $ The change in accumulated other comprehensive income (loss) for the three and six months ended June 30, 2014 is summarized as follows, net of tax ( dollars in thousands): Unrealized Gains (Losses) on AFS Securities Change in Fair Value of Cash Flow Hedge Total Balance - March 31, 2014 $ $ $ Other comprehensive income (loss) Amounts reclassified from accumulated other comprehensive income Net current period other comprehensive income (loss) Balance - June 30, 2014 $ $ $ Unrealized Gains (Losses) on AFS Securities Change in Fair Value of Cash Flow Hedges Total Balance - December 31, 2013 $ $ $ Other comprehensive income (loss) Amounts reclassified from accumulated other comprehensive income Net current period other comprehensive income (loss) Balance - June 30, 2014 $ $ $ Reclassifications of unrealized gains (losses) on available for sale securities are reported in the Company’s Consolidated Statements of Income as “Gains on securities transactions, net” with the corresponding income tax effect being reflected as a component of income tax expense. The Company reported net gains of $404,000 and $597,000 for the three and six months ended June 30, 2015, respectively , related to the sale of securities. Excluding OTTI recovery of $400,000 in the second quarter of 2014, the Company reported net gains of $26,000 and $55,000 for the three and six months ended June 30, 2014, respectively, related to the sale of securities. The tax effect of these transactions during the three and six months ended June 30, 2015 and 2014 were $142,000 and $209,000 and $9,000 and $19,000 , respectively, which amounts were included as a component of income tax expense. Reclassifications of the change in fair value of cash flow hedges are reported in interest income and interest expense in the Company’s Consolidated Statements of Income with the corresponding income tax effect being reflected as a component of income tax expense. The Company reported net interest expense of $63,000 and $482,000 and $334,000 and $406,000 for the three and six months ended June 30, 2015 and 2014, respectively. The tax effect of these transactions during the three and six months ended June 30, 2015 and 2014 were $22,000 and $169,000 and $117,000 and $142,000 , respectively, which amounts were included as a component of income tax expense.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2015
FAIR VALUE MEASUREMENTS [Abstract]
FAIR VALUE MEASUREMENTS	10. FAIR VALUE MEASUREMENTS The Company follows ASC 820, Fair Value Measurements and Disclosures , to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. This codification clarifies that fair value of certain assets and liabilities is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between willing market participants. ASC 820 specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. The three levels of the fair value hierarchy under ASC 820 based on these two types of inputs are as follows: Level 1 Valuation is based on quoted prices in active markets for identical assets and liabilities. Level 2 Valuation is based on observable inputs including quoted prices in active markets for similar assets and liabilities, quoted prices for identical or similar assets and liabilities in less active markets, and model-based valuation techniques for which significant assumptions can be derived primarily from or corroborated by observable data in the markets. Level 3 Valuation is based on model-based techniques that use one or more significant inputs or assumptions that are unobservable in the market. These unobservable inputs reflect the Company’s assumptions about what market participants would use and information that is reasonably available under the circumstances without undue cost and effort. The following describes the valuation techniques used by the Company to measure certain financial assets and liabilities recorded at fair value on a recurring basis in the financial statements. Derivative instruments As discussed in Note 8 “Derivatives”, the Company records derivative instruments at fair value on a recurring basis. The Company utilizes derivative instruments as part of the management of interest rate risk to modify the re-pricing characteristics of certain portions of the Company’s interest-bearing assets and liabilities. The Company has contracted with a third party vendor to provide valuations for derivatives using standard valuation techniques and therefore classifies such valuations as Level 2. Third party valuations are validated by the Company using Bloomberg Valuation Service’s derivative pricing functions. The Company has considered counterparty credit risk in the valuation of its derivative assets and has considered its own credit risk in the valuation of its derivative liabilities. During the ordinary course of business, the Company enters into interest rate lock commitments related to the origination of mortgage loans held for sale as well as best effort forward delivery commitments to mitigate interest rate risk; these instruments are recorded at estimated fair value based on the value of the underlying loan, which in turn is based on quoted prices for similar loans in the secondary market. However, this value is adjusted by a pull-through rate which considers the likelihood that the loan in a lock position will ultimately close. The pull-through rate is derived from the Company’s internal data and is adjusted using significant management judgment. The pull-through rate is largely dependent on the loan processing stage that a loan is currently in and the change in prevailing interest rates from the time of the rate lock. As such, interest rate lock commitments are classified as Level 3. An increase in the pull-through rate utilized in the fair value measurement of the interest rate lock commitment derivative will result in positive fair value adjustments while a decrease in the pull-through rate will result in a negative fair value adjustment. The Company’s weighted average pull-through rate was approximately 80% as of June 30, 2015 and approximately 90% as of December 31, 2014. As of June 30, 2015, the interest rate lock commitments are recorded as a component of “Other Assets” and the best effort forward delivery commitments are recorded as a component of “Other Liabilities” on the Company’s Consolidated Balance Sheets. Securities available for sale Securities available for sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted market prices, when available (Level 1). If quoted market prices are not available, fair values are measured utilizing independent valuation techniques of identical or similar securities for which significant assumptions are derived primarily from or corroborated by observable market data (Level 2). If the inputs used to provide the evaluation for certain securities are unobservable and/or there is little, if any, market activity, then the security would fall to the lowest level of the hierarchy (Level 3). The Company’s investment portfolio is primarily valued using fair value measurements that are considered to be Level 2. The Company has contracted with a third party portfolio accounting service vendor for valuation of its securities portfolio. The vendor’s primary source for security valuation is Interactive Data Corporation (“IDC”), which evaluates securities based on market data. IDC utilizes evaluated pricing models that vary by asset class and include available trade, bid, and other market information. Generally, the methodology includes broker quotes, proprietary models, vast descriptive terms and conditions databases, as well as extensive quality control programs. The vendor utilizes proprietary valuation matrices for valuing all municipals securities. The initial curves for determining the price, movement, and yield relationships within the municipal matrices are derived from industry benchmark curves or sourced from a municipal trading desk. The securities are further broken down according to issuer, credit support, state of issuance, and rating to incorporate additional spreads to the industry benchmark curves. The Company uses Bloomberg Valuation Service, an independent information source that draws on quantitative models and market data contributed from over 4,000 market participants, to validate third party valuations. Any material differences between valuation sources are researched by further analyzing the various inputs that are utilized by each pricing source. No material differences were identified during the validation as of June 30, 2015 and December 31, 2014 . The carrying value of restricted Federal Reserve Bank and FHLB stock approximates fair value based on the redemption provisions of each entity and is therefore excluded from the following table. The following table presents the balances of financial assets and liabilities measured at fair value on a recurring basis at June 30, 2015 and December 31, 2014 (dollars in thousands): Fair Value Measurements at June 30, 2015 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Level 1 Level 2 Level 3 Balance ASSETS Securities available for sale: U.S. government and agency securities $ - $ $ - $ Obligations of states and political subdivisions - - Corporate and other bonds - - Mortgage-backed securities - - Other securities - - Derivatives: Interest rate swap - - Cash flow hedges - - Interest rate lock commitments - - Best effort forward delivery commitments - - LIABILITIES Derivatives: Interest rate swap $ - $ $ - $ Cash flow hedges - - Fair Value Measurements at December 31, 2014 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Level 1 Level 2 Level 3 Balance ASSETS Securities available for sale: U.S. government and agency securities $ - $ $ - $ Obligations of states and political subdivisions - - Corporate bonds - - Mortgage-backed securities - - Other securities - - Derivatives: Interest rate swap - - Cash flow hedges - - Interest rate lock commitments - - LIABILITIES Derivatives: Interest rate swap $ - $ $ - $ Cash flow hedges - - Certain assets are measured at fair value on a nonrecurring basis in accordance with U.S. GAAP. Adjustments to the fair value of these assets usually result from the application of lower-of-cost-or-market accounting or write-downs of individual assets. The following describes the valuation techniques used by the Company to measure certain assets recorded at fair value on a nonrecurring basis in the financial statements. Loans held for sale Loans held for sale are carried at the lower of cost or market value. These loans currently consist of residential loans originated for sale in the secondary market. Fair value is based on the price secondary markets are currently offering for similar loans using observable market data which is not materially different than cost due to the short duration between origination and sale (Level 2). As such, the Company records any fair value adjustments on a nonrecurring basis. Nonrecurring fair value adjustments recorded on loans held for sale for the three and six months ended June 30, 2015 totaled $77,000 and $60,000 , respectively, and for the three and six months ended June 30, 2014 totaled $42,000 and $86,000 , respectively. Gains and losses on the sale of loans are recorded within the mortgage segment and are reported on a separate line item in the Company’s Consolidated Statements of Income. Impaired loans Loans are designated as impaired when, in the judgment of management based on current information and events, it is probable that all amounts due according to the contractual terms of the loan agreements will not be collected. The measurement of loss associated with impaired loans can be based on either the observable market price of the loan or the fair value of the collateral. Collateral dependent loans are reported at the fair value of the underlying collateral if repayment is solely from the underlying value of the collateral. Collateral may be in the form of real estate or business assets including equipment, inventory, and accounts receivable. The vast majority of the Company’s collateral is real estate. The value of real estate collateral is determined utilizing an income or market valuation approach based on an appraisal conducted by an independent, licensed appraiser using observable market data. When evaluating the fair value, management may discount the appraisal further if, based on their understanding of the market conditions, it is determined the collateral is further impaired below the appraised value (Level 3). The value of business equipment is based upon an outside appraisal, of one year or less, if deemed significant, or the net book value on the applicable business’s financial statements if not considered significant using observable market data. Likewise, values for inventory and accounts receivables collateral are based on financial statement balances or aging reports (Level 3). Collateral dependent impaired loans allocated to the allowance for loan losses are measured at fair value on a nonrecurring basis. Any fair value adjustments are recorded in the period incurred as provision for loan losses on the Company’s Consolidated Statements of Income. Other real estate owned OREO is evaluated for impairment at least quarterly by the Bank’s Special Asset Loan Committee and any necessary write downs to fair values are recorded as impairment and included as a component of noninterest expense. Fair values of OREO are carried at fair value less selling costs. Fair value is based upon independent market prices, appraised values of the collateral, or management’s estimation of the value of the collateral. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company records the foreclosed asset as Level 3 valuation. Total valuation expenses related to OREO properties for the three and six months ended June 30, 2015 totaled $710,000 and $ 1.3 million, respectively, and for the three and six months ended June 30, 2014 totaled $817,000 and $1.1 million, respectively . The following tables summarize the Company’s financial assets that were measured at fair value on a nonrecurring basis at June 30, 2015 and December 31, 2014 (dollars in thousands): Fair Value Measurements at June 30, 2015 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Level 1 Level 2 Level 3 Balance ASSETS Loans held for sale $ - $ $ - $ Impaired loans - - Other real estate owned - - Fair Value Measurements at December 31, 2014 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Level 1 Level 2 Level 3 Balance ASSETS Loans held for sale $ - $ $ - $ Impaired loans - - Other real estate owned - - The following table displays quantitative information about Level 3 Fair Value Measurements at June 30, 2015 (dollars in thousands): Fair Value Measurements at June 30, 2015 Fair Value Valuation Technique(s) Unobservable Inputs Weighted Average ASSETS Commercial Real Estate - Owner Occupied $ Market comparables Discount applied to market comparables (1) Single Family Investment Real Estate Market comparables Discount applied to market comparables (1) Other (2) Market comparables Discount applied to market comparables (1) Total Impaired Loans Other real estate owned Market comparables Discount applied to market comparables (1) Total $ (1) A discount percentage (in addition to expected selling costs) is applied based on the age of independent appraisals, current market conditions, and experience within the local market. (2) The “Other” category of the impaired loans section consists of Other Commercial, Mortgage, Consumer Construction, Indirect Marine, and Other Consumer. The following table displays quantitative information about Level 3 Fair Value Measurements at December 31, 2014 (dollars in thousands): Fair Value Measurements at December 31, 2014 Fair Value Valuation Technique(s) Unobservable Inputs Weighted Average ASSETS Commercial Real Estate - Owner Occupied $ Market comparables Discount applied to market comparables (1) Commercial Real Estate - Non-Owner Occupied Market comparables Discount applied to market comparables (1) Raw Land and Lots Market comparables Discount applied to market comparables (1) Single Family Investment Real Estate Market comparables Discount applied to market comparables (1) Commercial and Industrial Market comparables Discount applied to market comparables (1) Other (2) Market comparables Discount applied to market comparables (1) Total Impaired Loans Other real estate owned Market comparables Discount applied to market comparables (1) Total $ (1) A discount percentage (in addition to expected selling costs) is applied based on the age of independent appraisals, current market conditions, and experience within the local market. (2) The “Other” category of the impaired loans section consists of Other Commercial, Mortgage, Consumer Construction, Indirect Marine, HELOCs, and Other Consumer. ASC 825, Financial Instruments, requires disclosure about fair value of financial instruments for interim periods and excludes certain financial instruments and all non-financial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company. Cash and cash equivalents For those short-term instruments, the carrying amount is a reasonable estimate of fair value. Held to Maturity Securities The Company’s investment portfolio is primarily valued using fair value measurements that are considered to be Level 2. The Company has contracted with a third party portfolio accounting service vendor for valuation of its securities portfolio. The vendor’s primary source for security valuation is IDC, which evaluates securities based on market data. IDC utilizes evaluated pricing models that vary by asset class and include available trade, bid, and other market information. Generally, the methodology includes broker quotes, proprietary models, vast descriptive terms and conditions databases, as well as extensive quality control programs. The vendor utilizes proprietary valuation matrices for valuing all municipals securities. The initial curves for determining the price, movement, and yield relationships within the municipal matrices are derived from industry benchmark curves or sourced from a municipal trading desk. The securities are further broken down according to issuer, credit support, state of issuance, and rating to incorporate additional spreads to the industry benchmark curves. The Company uses Bloomberg Valuation Service, an independent information source that draws on quantitative models and market data contributed from over 4,000 market participants, to validate third party valuations. Any material differences between valuation sources are researched by further analyzing the various inputs that are utilized by each pricing source. No material differences were identified during the validation as of June 30, 2015 and December 31, 2014. Loans The fair value of performing loans is estimated by discounting expected future cash flows using a yield curve that is constructed by adding a loan spread to a market yield curve. Loan spreads are based on spreads currently observed in the market for loans of similar type and structure. Fair value for impaired loans and their respective level within the fair value hierarchy, are described in the previous disclosure related to fair value measurements of assets that are measured on a nonrecurring basis. Bank owned life insurance The carrying value of bank owned life insurance approximates fair value. The Company records these policies at their cash surrender value, which is estimated using information provided by insurance carriers. Deposits The fair value of demand deposits, savings accounts, and certain money market deposits is the amount payable on demand at the reporting date. The fair value of certificates of deposit is estimated by discounting the future cash flows using the rates currently offered for deposits of similar remaining maturities. Borrowings The carrying value of the Company’s repurchase agreements is a reasonable estimate of fair value. Other borrowings are discounted using the current yield curve for the same type of borrowing. For borrowings with embedded optionality, a third party source is used to value the instrument. The Company validates all third party valuations for borrowings with optionality using Bloomberg’s derivative pricing functions. Accrued interest The carrying amounts of accrued interest approximate fair value. Commitments to extend credit and standby letters of credit The fair value of commitments is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair value of letters of credit is based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligations with the counterparties at the reporting date. At June 30, 2015 and December 31, 2014 , the fair value of loan commitments and standby letters of credit was immaterial. The carrying values and estimated fair values of the Company’s financial instruments at June 30, 2015 and December 31, 2014 are as follows (dollars in thousands): Fair Value Measurements at June 30, 2015 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Fair Value Carrying Value Level 1 Level 2 Level 3 Balance ASSETS Cash and cash equivalents $ $ $ - $ - $ Securities available for sale - - Held to maturity securities - - Restricted stock - - Loans held for sale - - Net loans - - Derivatives: Interest rate lock commitments - - Interest rate swap - - Cash flow hedges - - Best effort forward delivery commitments - - Accrued interest receivable - - Bank owned life insurance - - LIABILITIES Deposits $ $ - $ $ - $ Borrowings - - Accrued interest payable - - Derivatives: Interest rate swap - - Cash flow hedges - - Fair Value Measurements at December 31, 2014 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Fair Value Carrying Value Level 1 Level 2 Level 3 Balance ASSETS Cash and cash equivalents $ $ $ - $ - $ Securities available for sale - - Restricted stock - - Loans held for sale - - Net loans - - Derivatives: Interest rate lock commitments - - Interest rate swap - - Cash flow hedges - - Accrued interest receivable - - Bank owned life insurance - - LIABILITIES Deposits $ $ - $ $ - $ Borrowings - - Accrued interest payable - - Derivatives: Interest rate swap - - Cash flow hedges - - The Company assumes interest rate risk (the risk that general interest rate levels will change) as a result of its normal operations. As a result, the fair values of the Company’s financial instruments will change when interest rate levels change and that change may be either favorable or unfavorable to the Company. Management attempts to match maturities of assets and liabilities to the extent believed necessary to minimize interest rate risk. However, borrowers with fixed rate obligations are less likely to prepay in a rising rate environment and more likely to prepay in a falling rate environment. Conversely, depositors who are receiving fixed rates are more likely to withdraw funds before maturity in a rising rate environment and less likely to do so in a falling rate environment. Management monitors rates and maturities of assets and liabilities and attempts to minimize interest rate risk by adjusting terms of new loans and deposits and by investing in securities with terms that mitigate the Company’s overall interest rate risk.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2015
STOCK-BASED COMPENSATION [Abstract]
STOCK-BASED COMPENSATION	11. STOCK-BASED COMPENSATION The Company’s s tock i ncentive p lan provides for the granting of stock-based awards to key employees of the Company and its subsidiaries in the form of: (i) incentive stock options intended to comply with the requirements of Section 422 of the Internal Revenue Code of 1986 (“incentive stock options”); (ii) non-qualified stock options; (iii) restricted stock ; and (iv) other stock-based awards. The Company issues new shares to satisfy stock-based awards. A stock option’s maximum term is ten years from the date of grant and the option price cannot be less than the fair market value of the stock on the grant date. No stock options have been granted since February 2012 . R estricted stock and other stock-based awards typically vest in varying annual installments over a three - to five - year vesting schedule. O n January 29, 2015, the Company’s Board of Directors adopted, and shareholder s approv ed , the Union Bankshares Corporation Stock and Incentive Plan (the “Amended and Restated SIP”), which amends and restates the former plan (the “ 2011 Plan ”) . The Amended and Restated SIP became effective on April 21, 2015 and the Company may grant awards under the amended plan until April 20, 2025. The Amended and Restated SIP amends the 2011 Plan to, among other things, increase the maximum number of shares of the Company’s common stock issuable under the plan from 1,000,000 to 2,500,000 and add non-employee directors of the Company and certain subsidiaries, as well as regional advisory boards, as potential participants in the plan. The increase in shares in the Amended and Restated SIP includes shares that had been granted previously under the 2011 Plan. As of June 30, 2015, there were 1,960,531 shares available in the Amended and Restated SIP. For the three months ended June 30, 2015 and 2014, the Company recognized stock-based compensation expense (included in salaries and benefits expense) of approximately $ 13,000 and $180,000 ($ 27,000 and $144,000 net of tax) , respectively. F or the six months ended June 30, 2015 and 2014, the Company recognized stock-based compensation expense of approximately $403,000 and $554, 000 ($308,000 and $414,000 net of tax), respectively. Stock-based compensation expense represents approximately $ 0.0 1 per common share for both the six months ended June 30, 2015 and 2014. Stock Options The following table summarizes the stock option activity for the six months ended June 30, 2015: Number of Stock Options Weighted Average Exercise Price Options outstanding, December 31, 2014 $ Exercised Expired, forfeited, or cancelled Options outstanding, June 30, 2015 Options exercisable, June 30, 2015 The fair value of each stock option grant is estimated on the date of grant using the Black-Scholes option valuation model. The model uses variables which include the historical dividend yield of the Company’s common stock, the average contractual life and vesting schedule of the option, the historic volatility of the Company’s common stock price, and the risk-free interest rate at the time the option was granted. Other than options that were assumed and converted upon completion of the StellarOne merger, the Company has not granted incentive compensation in the form of options since February 2012. The following table summarizes information concerning stock options issued to the Company’s employees that are vested or are expected to vest and stock options exercisable as of June 30, 2015 : Stock Options Vested or Expected to Vest Exercisable Stock options (number of shares) Weighted average remaining contractual life in years Weighted average exercise price on shares above water $ $ Aggregate intrinsic value $ $ Restricted Stock The Amended and Restated SIP permits the granting of restricted stock awards. This equity component of compensation can be in the form of restricted stock awards or restricted stock units with time-based vesting. Performance share units can also be granted with vesting based on achieving certain performance metrics or other market-based conditions such as total shareholder return relative to a peer group. Generally, restricted stock awards vest 50% on each of the third and fourth anniversaries from the date of the grant; performance and market-based awards typically vest on the third anniversary from the date of grant subject to meeting the specified performance criteria. All grants of restricted stock are subject to approval by the Company’s Compensation Committee at its sole discretion . The value of a restricted stock award is calculated by multiplying the fair market value of the Company’s common stock on the grant date by the number of shares awarded. Market-based awards are valued at the grant date using the Monte Carlo simulation method. Recipients of time-based restricted stock awards have the right to vote their non-vested shares and to receive, if declared and paid by the Company, any cash or stock dividends. Recipients of performance share units do not have the right to vote their non-vested units, and do not receive cash or stock dividends. Non-vested shares of restricted stock are included in the computation of basic earnings per share. The following table summarizes the restricted stock activity for the six months ended June 30, 2015: Number of Shares of Restricted Stock Weighted Average Grant-Date Fair Value Balance, December 31, 2014 $ Granted Net settle for taxes Vested Forfeited Balance, June 30, 2015 The estimated unamortized compensation expense, net of estimated forfeitures, related to nonvested stock and stock options issued and outstanding as of June 30, 2015 that will be recognized in future periods is as follows (dollars in thousands): Stock Options Restricted Stock Total For the remaining six months of 2015 $ $ $ For year ending December 31, 2016 For year ending December 31, 2017 For year ending December 31, 2018 - For year ending December 31, 2019 - Total $ $ $

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2015
EARNINGS PER SHARE [Abstract]
EARNINGS PER SHARE	12. EARNINGS PER SHARE Basic EPS is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted EPS is computed using the weighted average number of common shares outstanding during the period, including the effect of dilutive potential common shares outstanding attributable to stock awards. There were approximately 53,625 and 160,768 shares underlying anti-dilutive awards for the three months ended June 30, 2015 and 2014, respectively, and there were approximately 56,151 and 134,785 shares underlying anti-dilutive awards for the six months ended June 30, 2015 and 2014, respectively. Anti-dilutive awards were excluded from the calculation of diluted EPS. The following is a reconciliation of the denominators of the basic and diluted EPS computations for the three and six months ended June 30, 2015 and 2014 (in thousands except per share data): Net Income Available to Common Shareholders (Numerator) Weighted Average Common Shares (Denominator) Per Share Amount For the three months ended June 30, 2015 Net income, basic $ $ Add: potentially dilutive common shares - stock awards - - Diluted $ $ For the three months ended June 30, 2014 Net income, basic $ $ Add: potentially dilutive common shares - stock awards - - Diluted $ $ For the six months ended June 30, 2015 Net income, basic $ $ Add: potentially dilutive common shares - stock awards - - Diluted $ $ For the six months ended June 30, 2014 Net income, basic $ $ Add: potentially dilutive common shares - stock awards - - Diluted $ $

SEGMENT REPORTING DISCLOSURES

SEGMENT REPORTING DISCLOSURES	6 Months Ended
	Jun. 30, 2015
SEGMENT REPORTING DISCLOSURES [Abstract]
SEGMENT REPORTING DISCLOSURES	13. SEGMENT REPORTING DISCLOSURES The Company has two reportable segments: a traditional full service community bank segment and a mortgage loan origination business segment. The community bank segment includes one subsidiary bank, the Bank, which provides loan, deposit, investment, and trust services to retail and commercial customers throughout its 131 retail locations in Virginia. The mortgage segment includes UMG, which provides a variety of mortgage loan products principally in Virginia, North Carolina, South Carolina, Maryland, and the Washington D.C. metro area. These loans are originated and sold primarily in the secondary market through purchase commitments from investors, which serves to mitigate the Company’s exposure to interest rate risk. Profit and loss is measured by net income after taxes including realized gains and losses on the Company’s investment portfolio. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies. Inter-segment transactions are recorded at cost and eliminated as part of the consolidation process. Both of the Company’s reportable segments are service-based. The mortgage business is a primarily fee-based business while the bank is driven principally by net interest income. The bank segment provides a distribution and referral network through its customers for the mortgage loan origination business. The mortgage segment offers a more limited referral network for the bank segment. The community bank segment provides the mortgage segment with the short-term funds needed to originate mortgage loans through a warehouse line of credit and charges the mortgage banking segment interest at the three month LIBOR rate plus 0.15% with no floor, effective January 1, 2015. During the three and six months ended June 30, 2014, the interest rate on the warehouse line of credit was the three-month LIBOR rate plus 1.5% with a floor of 2.0% . These transactions are eliminated in the consolidation process. A management fee for operations and administrative support services is charged to all subsidiaries and eliminated in the consolidated totals. Information about reportable segments and reconciliation of such information to the consolidated financial statements for the three and six months ended June 30, 2015 and 2014 is as follows (dollars in thousands): UNION BANKSHARES CORPORATION AND SUBSIDIARIES SEGMENT FINANCIAL INFORMATION Community Bank Mortgage Eliminations Consolidated Three Months Ended June 30, 2015 Net interest income $ $ $ - $ Provision for credit losses - Net interest income after provision for credit losses - Noninterest income Noninterest expenses Income before income taxes - Income tax expense - Net income $ $ $ - $ Total assets $ $ $ $ Three Months Ended June 30, 2014 Net interest income $ $ $ - $ Provision for credit losses - - Net interest income after provision for credit losses - Noninterest income Noninterest expenses Income (loss) before income taxes - Income tax expense (benefit) - Net income (loss) $ $ $ - $ Total assets $ $ $ $ Six Months Ended June 30, 2015 Net interest income $ $ $ - $ Provision for credit losses - Net interest income after provision for credit losses - Noninterest income Noninterest expenses Income (loss) before income taxes - Income tax expense (benefit) - Net income (loss) $ $ $ - $ Total assets $ $ $ $ Six Months Ended June 30, 2014 Net interest income $ $ $ - $ Provision for credit losses - - Net interest income after provision for credit losses - Noninterest income Noninterest expenses Income (loss) before income taxes - Income tax expense (benefit) - Net income (loss) $ $ $ - $ Total assets $ $ $ $

ACCOUNTING POLICIES (Policy)

ACCOUNTING POLICIES (Policy)	6 Months Ended
	Jun. 30, 2015
ACCOUNTING POLICIES [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In January 2015, the FASB issued ASU No. 2015-01, “ Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items .” The amendments in this ASU eliminate from U.S. GAAP the concept of extraordinary items. Subtopic 225-20, Income Statement - Extraordinary and Unusual Items , required that an entity separately classify, present, and disclose extraordinary events and transactions. Presently, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless evidence clearly supports its classification as an extraordinary item. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes and either present or disclose earnings-per-share data applicable to the extraordinary item. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company does not expect the adoption of ASU 2015-01 to have a material impact on its consolidated financial statements. In February 2015, the FASB issued ASU No. 2015-02, “ Amendments to the Consolidation Analysis .” The amendments in this ASU amend the consolidation requirements in ASC 810, Consolidation , and significantly change the consolidation analysis required under U.S. GAAP. Under this guidance, limited partnerships will be considered variable interest entities (“VIEs”) unless the limited partners have either substantive kick-out or participating rights; this amendment will result in more partnerships being considered VIEs, but it will be less likely that a general partner will consolidate a limited partnership. The amendments also change the effect that fees paid to a decision maker or service provider have on the consolidation analysis; it is less likely that the fees themselves will be considered a variable interest, that an entity will be a VIE, or that consolidation will result. The changes modify how a reporting entity considers how its variable interests affect its consolidation process; the related party tiebreaker test and mandatory consolidation by one of the related parties will have to be performed less frequently than under current U.S. GAAP. For entities other than limited partnerships, the amendments clarify how to determine whether the equity holders have power over the entity and could affect whether the entity is a VIE. The amendments are expected to result in the deconsolidation of many entities. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company is currently assessing the impact that ASU 2015-02 will have on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, “ Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs .” The ASU does not change the existing recognition and measurement guidance for debt issuance costs but requires that debt issuance costs related to a debt liability recorded on the balance sheet be present in the balance sheet as a direct deduction from the carrying amount of that debt liability. The amendments should be disclosed consistent with the disclosure requirement of a change in accounting principle and applied on a retrospective basis. This ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The Company does not expect the adoption of ASU 2015-03 to have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, “ Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40: Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement .” This ASU clarifies the circumstances under which a cloud computing customer would account for the arrangement as a license of internal-use software. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses; otherwise, the customer should account for the arrangement as a service contract. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. The Company is currently assessing the impact of ASU 2015-05 will have on its consolidated financial statements.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	6 Months Ended
	Jun. 30, 2015
ACQUISITIONS [Abstract]
Schedule of Effect of Amortization and Accretion Related to Acquisition	The net effect of the amortization and accretion of premiums and discounts associated with the Company’s acquisition accounting adjustments had the following impact on the Consolidated Statements of Income during the three and six months ended June 30, 2015 and 2014 (dollars in thousands): For the Three Months Ended June 30, For the Six Months Ended June 30, 2015 2014 2015 2014 Loans (1) $ $ $ $ Core deposit intangible (2) Borrowings (3) Time deposits (4) Net impact to income before taxes $ $ $ $ (1) Loan discount (premium) accretion (amortization) is included in “ Interest and fees on loans ” in the “ Interest and dividend income ” section of the Company's Consolidated Statements of Income. (2) Core deposit intangible premium amortization is included in “ Amortization of intangible assets ” in the “ Noninterest expense ” section of the Company's Consolidated Statements of Income. (3) Borrowings discount accretion is included in “ Interest on long-term borrowings ” in the “ Interest Expense ” section of the Company's Consolidated Statements of Income. (4) Certificate of deposit discount accretion is included in “ Interest on deposits ” in the “ Interest expense ” section of the Company's Consolidated Statements of Income.

SECURITIES (Tables)

SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2015
Gross Realized Gains and Losses of the Sale of Securities	The following table presents the gross realized gains and losses on the sale of securities available for sale and the proceeds from the sale of securities available for sale during the three and six months ended June 30, 2015 (dollars in thousands) . The Company did not sell any investment securities that are held to maturity. Three months ended Six months ended June 30, 2015 June 30, 2015 Realized gains (losses): Gross realized gains $ $ Gross realized losses Net realized gains $ $ The following table presents the gross realized gains and losses on the sale of securities available for sale and the proceeds from the sale of securities available for sale during the three and six months ended June 30, 2014 (dollars in thousands) . Three months ended Six months ended June 30, 2014 June 30, 2014 Realized gains (losses): Gross realized gains $ $ Gross realized losses Net realized gains $ $
Available-for-sale Securities [Member]
Amortized Cost, Gross Unrealized Gains and Losses, and Estimated Fair Values of Available for Sale Securities	The amortized cost, gross unrealized gains and losses, and estimated fair values of securities available for sale as of June 30, 2015 and December 31, 2014 are summarized as follows (dollars in thousands): Amortized Gross Unrealized Estimated Cost Gains (Losses) Fair Value June 30, 2015 U.S. government and agency securities $ $ $ - $ Obligations of states and political subdivisions Corporate bonds Mortgage-backed securities Other securities Total available for sale securities $ $ $ $ December 31, 2014 U.S. government and agency securities $ $ $ $ Obligations of states and political subdivisions Corporate bonds Mortgage-backed securities Other securities Total available for sale securities $ $ $ $
Schedule of Gross Unrealized Losses and Fair Value of Investments	The following table shows the gross unrealized losses and fair value (in thousands) of the Company’s available for sale investments with unrealized losses that are not deemed to be other-than-temporarily impaired. These are aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position. Less than 12 months More than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses June 30, 2015 Obligations of states and political subdivisions $ $ $ $ $ $ Mortgage-backed securities Corporate bonds and other securities Total available for sale $ $ $ $ $ $ December 31, 2014 U.S. government and agency securities $ $ $ - $ - $ $ Obligations of states and political subdivisions Mortgage-backed securities Corporate bonds and other securities Total available for sale $ $ $ $ $ $
Schedule of Amortized Cost and Estimated Fair Value of Securities	The following table presents the amortized cost and estimated fair value of available for sale securities as of June 30, 2015 and December 31, 2014 , by contractual maturity (dollars in thousands). Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. June 30, 2015 December 31, 2014 Amortized Estimated Amortized Estimated Cost Fair Value Cost Fair Value Due in one year or less $ $ $ $ Due after one year through five years Due after five years through ten years Due after ten years Total securities available for sale $ $ $ $
Schedule of Securities Pledged to Secure Public Deposits, Repurchase Agreements, and for Other Purposes	The following table presents available for sale securities which were pledged to secure public deposits, repurchase agreements, and for other purposes as permitted or required by law as of June 30, 2015 and December 31, 2014 (dollars in thousands): June 30, 2015 December 31, 2014 Fair Value Fair Value Public deposits $ $ Repurchase agreements Other purposes Total pledged securities $ $
Held-to-maturity Securities [Member]
Schedule of Amortized Cost and Estimated Fair Value of Securities	The following table presents the amortized cost and estimated fair value of held to maturity securities as of June 30, 2015, by contractual maturity (dollars in thousands). Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. June 30, 2015 Carrying Estimated Value (1) Fair Value Due in one year or less $ $ Due after one year through five years Due after five years through ten years Due after ten years Total securities held to maturity $ $ (1) The carrying value includes $7.8 million of unrealized gains and losses present at the time of transfer from available for securities, net of any accretion.
Schedule of Securities Pledged to Secure Public Deposits, Repurchase Agreements, and for Other Purposes	The following table presents held to maturity securities which were pledged to secure public deposits as permitted or required by law as of June 30, 2015 (dollars in thousands): June 30, 2015 Fair Value Public deposits $ Total pledged securities $
Schedule of Carrying Value, Gross Unrealized Gains and Losses and Estimated Fair Value of Securities	The carrying value, gross unrealized gains and losses, and estimated fair values of securities held to maturity as of June 30, 2015 are summarized as follows (dollars in thousands): Carrying Gross Unrealized Estimated Value (1) Gains (Losses) Fair Value June 30, 2015 Obligations of states and political subdivisions $ $ $ $ (1) The carrying value includes $7.8 million of unrealized gains and losses present at the time of transfer from available for securities, net of any accretion.
Gross Unrealized Losses and Fair Value of Securities	The following table shows the gross unrealized losses and fair value (in thousands) of the Company’s held to maturity investments with unrealized losses that are not deemed to be other-than-temporarily impaired. These are aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position. Less than 12 months More than 12 months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses June 30, 2015 Obligations of states and political subdivisions $ $ $ $ $ $

LOANS AND ALLOWANCE FOR LOAN 26

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	6 Months Ended
	Jun. 30, 2015
LOANS AND ALLOWANCE FOR LOAN LOSSES [Abstract]
Loans Stated at Face Amount, Net of Unearned Income	Loans are stated at their face amount, net of deferred fees and costs, and consist of the following at June 30, 2015 and December 31, 2014 (dollars in thousands): June 30, December 31, 2015 2014 Commercial: Commercial Construction $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial Consumer: Mortgage Consumer Construction Indirect Auto Indirect Marine HELOCs Credit Card Other Consumer Total $ $
Summary of Aging of the Loan Portfolio by Class	The following table shows the aging of the Company’s loan portfolio, by class, at June 30, 2015 (dollars in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days and still Accruing PCI Nonaccrual Current Total Loans Commercial: Commercial Construction $ - $ - $ $ $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial - Consumer: Mortgage Consumer Construction - - - Indirect Auto - - Indirect Marine - - - HELOCs Credit Card - - Other Consumer Total $ $ $ $ $ $ $ The following table shows the aging of the Company’s loan portfolio, by class, at December 31, 2014 (dollars in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days and still Accruing PCI Nonaccrual Current Total Loans Commercial: Commercial Construction $ $ - $ - $ $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial - Consumer: Mortgage Consumer Construction - - Indirect Auto - - Indirect Marine - - - HELOCs Credit Card - - Other Consumer Total $ $ $ $ $ $ $
Summary of Aging of the Acquired with Deteriorated Credit Quality Loan Portfolio by Class	The following table shows the PCI commercial and consumer loan portfolios, by class and their delinquency status, at June 30, 2015 (dollars in thousands): 30-89 Days Past Due Greater than 90 Days Current Total Commercial: Commercial Construction $ - $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial Consumer: Mortgage Consumer Construction - - HELOCs Other Consumer Total $ $ $ $ The following table shows the PCI commercial and consumer loan portfolios, by class and their delinquency status, at December 31, 2014 (dollars in thousands): 30-89 Days Past Due Greater than 90 Days Current Total Commercial: Commercial Construction $ - $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots - Single Family Investment Real Estate Commercial and Industrial Other Commercial Consumer: Mortgage Consumer Construction - - HELOCs Other Consumer Total $ $ $ $
Impaired Loans by Class	The following table shows the Company’s impaired loans, excluding PCI loans related to the StellarOne acquisition, by class at June 30, 2015 (dollars in thousands): Recorded Investment Unpaid Principal Balance Related Allowance YTD Average Investment Interest Income Recognized Loans without a specific allowance Commercial: Commercial Construction $ $ $ - $ $ Commercial Real Estate - Owner Occupied - Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial - Other Commercial - Consumer: Mortgage - Indirect Auto - - - HELOCs - Other Consumer - - Total impaired loans without a specific allowance $ $ $ - $ $ Loans with a specific allowance Commercial: Commercial Construction $ $ $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial Consumer: Mortgage Consumer Construction Indirect Marine - Other Consumer Total impaired loans with a specific allowance $ $ $ $ $ Total impaired loans $ $ $ $ $ The following table shows the Company’s impaired loans, by class, at December 31, 2014 (dollars in thousands): Recorded Investment Unpaid Principal Balance Related Allowance YTD Average Investment Interest Income Recognized Loans without a specific allowance Commercial: Commercial Construction $ $ $ - $ $ Commercial Real Estate - Owner Occupied - Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial - Other Commercial - Consumer: Mortgage - Indirect Auto - - - Indirect Marine - - HELOCs - Other Consumer - - Total impaired loans without a specific allowance $ $ $ - $ $ Loans with a specific allowance Commercial: Commercial Construction $ $ $ $ $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied Raw Land and Lots Single Family Investment Real Estate Commercial and Industrial Other Commercial Consumer: Mortgage Consumer Construction Indirect Marine HELOCs Other Consumer Total impaired loans with a specific allowance $ $ $ $ $ Total impaired loans $ $ $ $ $
Summary of Modified Loans that Continue to Accrue Interest Under the Terms of Restructuring Agreement	The following table provides a summary, by class, of modified loans that continue to accrue interest under the terms of the restructuring agreement, which are considered to be performing, and modified loans that have been placed on nonaccrual status, which are considered to be nonperforming, as of June 30, 2015 and December 31, 2014 (dollars in thousands): June 30, 2015 December 31, 2014 No. of Loans Recorded Investment Outstanding Commitment No. of Loans Recorded Investment Outstanding Commitment Performing Commercial: Commercial Construction $ $ - $ $ - Commercial Real Estate - Owner Occupied - - Commercial Real Estate - Non-Owner Occupied - - Raw Land and Lots - - Single Family Investment Real Estate - - Commercial and Industrial - - Other Commercial - - Consumer: Mortgage - - Other Consumer - - Total performing $ $ - $ $ - Nonperforming Commercial: Commercial Construction $ $ - $ $ - Commercial Real Estate - Owner Occupied - - Commercial Real Estate - Non-Owner Occupied - - Raw Land and Lots - - Single Family Investment Real Estate - - Commercial and Industrial - - Other Commercial - - Consumer: Mortgage - - Other Consumer - - Total nonperforming $ $ - $ $ - Total performing and nonperforming $ $ - $ $ -
Schedule of TDR by Class and Modification Type	The following table shows, by class and modification type, TDRs that occurred during the three and six months ended June 30, 2015 (dollars in thousands): Three months ended Six months ended June 30, 2015 June 30, 2015 No. of Loans Recorded Investment at Period End No. of Loans Recorded Investment at Period End Term modification, at a market rate Commercial: Commercial Real Estate - Owner Occupied $ $ Commercial and Industrial - - Total loan term extended at a market rate $ $ Term modification, below market rate Commercial: Commercial Real Estate - Owner Occupied $ $ Total loan term extended at a below market rate $ $ Total $ $ The following table shows, by class and modification type, TDRs that occurred during the three and six months ended June 30, 2014 (dollars in thousands): Three months ended Six months ended June 30, 2014 June 30, 2014 No. of Loans Recorded Investment at Period End No. of Loans Recorded Investment at Period End Term modification, at a market rate Commercial: Single Family Investment Real Estate - $ - $ Commercial and Industrial Other Commercial - - Total loan term extended at a market rate $ $ Total $ $
Allowance for Loan Loss Activity, by Portfolio Segment, Balances for Allowance for Credit Losses, and Loans Based on Impairment Methodology	The following table shows the allowance for loan loss activity, balances for allowance for loan losses, and loan balances based on impairment methodology by portfolio segment for the six months ended and as of June 30, 2015 . The table below includes the provision for loan losses. In addition, a $200,000 provision was recognized during the current quarter for unfunded loan commitments for which the reserves are recorded as a component of “Other Liabilities” on the Company’s Consolidated Balance Sheets. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories (dollars in thousands): Commercial Consumer Total Allowance for loan losses: Balance, beginning of the year $ $ $ Recoveries credited to allowance Loans charged off Provision charged to operations Balance, end of period $ $ $ Ending Balance, ALL: Loans individually evaluated for impairment $ $ $ Loans collectively evaluated for impairment Loans acquired with deteriorated credit quality - - - Total $ $ $ Ending Balance, Loans: Loans individually evaluated for impairment $ $ $ Loans collectively evaluated for impairment Loans acquired with deteriorated credit quality Total $ $ $ The following table shows the allowance for loan loss activity, balances for allowance for loan losses, and loan balances based on impairment methodology by portfolio segment for the six months ended and as of June 30, 201 4 . Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories (dollars in thousands): Commercial Consumer Total Allowance for loan losses: Balance, beginning of the year $ $ $ Recoveries credited to allowance Loans charged off Provision charged to operations Balance, end of period $ $ $ Ending Balance, ALL: Loans individually evaluated for impairment $ $ $ Loans collectively evaluated for impairment Loans acquired with deteriorated credit quality - - - Total $ $ $ Ending Balance, Loans: Loans individually evaluated for impairment $ $ $ Loans collectively evaluated for impairment Loans acquired with deteriorated credit quality Total $ $ $
Loans Receivables Related Risk Rating Excluding Purchased Impaired Loans	The following table shows the recorded investment in all loans, excluding PCI loans, in the commercial portfolios by class with their related risk rating current as of June 30, 2015 (dollars in thousands): 1-3 4 5 6 7 8 Total Commercial Construction $ $ $ $ $ $ - $ Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial - Other Commercial - Total $ $ $ $ $ $ $ The following table shows the recorded investment in all loans, excluding PCI loans, in the commercial portfolios by class with their related risk rating current as of December 31, 2014 (dollars in thousands): 1-3 4 5 6 7 8 Total Commercial Construction $ $ $ $ $ $ - $ Commercial Real Estate - Owner Occupied - Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial - Other Commercial - Total $ $ $ $ $ $ - $
Purchased Credit Impaired Loan Receivables Related Risk Rating	The following table shows the recorded investment in only PCI loans in the commercial portfolios by class with their related risk rating and credit quality indicator information current as of June 30, 2015 (dollars in thousands): 4 5 6 7 8 Total Commercial Construction $ - $ - $ $ $ $ Commercial Real Estate - Owner Occupied - Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial Other Commercial - - Total $ $ $ $ $ $ The following table shows the recorded investment in only PCI loans in the commercial portfolios by class with their related risk rating and credit quality indicator information current as of December 31, 2014 (dollars in thousands): 4 5 6 7 8 Total Commercial Construction $ - $ - $ $ $ $ Commercial Real Estate - Owner Occupied - Commercial Real Estate - Non-Owner Occupied - Raw Land and Lots - Single Family Investment Real Estate - Commercial and Industrial - Other Commercial - - - Total $ $ $ $ $ $
Schedule of Acquired Loan Portfolio and Accretable Yield	The following shows changes in the accretable yield for loans accounted for under ASC 310-30 , Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality , for the periods presented (dollars in thousands): For the Six Months ended June 30, 2015 2014 Balance at beginning of period $ $ Additions - Accretion Reclass of nonaccretable difference due to improvement in expected cash flows - Other, net (1) Balance at end of period $ $ (1) This line item represents changes in the cash flows expected to be collected due to the impact of non-credit changes such as prepayment assumptions, changes in interest rates on variable rate PCI loans, and discounted payoffs that occurred in the quarter.

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2015
INTANGIBLE ASSETS [Abstract]
Information Concerning Intangible Assets with Finite Life	Information concerning intangible assets with a finite life is presented in the following table (dollars in thousands): Gross Carrying Value Accumulated Amortization Net Carrying Value June 30, 2015 Amortizable core deposit intangibles $ $ $ December 31, 2014 Amortizable core deposit intangibles $ $ $ June 30, 2014 Amortizable core deposit intangibles $ $ $
Estimated Remaining Amortization Expense of Core Deposit Intangibles	As of June 30, 2015 , the estimated remaining amortization expense of core deposit intangibles is as follows (dollars in thousands): For the remaining six months of 2015 $ For the year ending December 31, 2016 For the year ending December 31, 2017 For the year ending December 31, 2018 For the year ending December 31, 2019 For the year ending December 31, 2020 Thereafter Total estimated amortization expense $

BORROWINGS (Tables)

BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2015
BORROWINGS [Abstract]
Short-Term Borrowings	Total short-term borrowings consist of the following as of June 30, 201 5 and December 31, 201 4 (dollars in thousands): June 30, December 31, 2015 2014 Securities sold under agreements to repurchase $ $ Other short-term borrowings Total short-term borrowings $ $ Maximum month-end outstanding balance $ $ Average outstanding balance during the period Average interest rate during the period Average interest rate at end of period Other short-term borrowings: FHLB $ $ Other lines of credit
Trust Preferred Capital Notes Qualify for Tier 1 Capital	The trust preferred capital notes currently qualify for Tier 1 capital of the Company for regulatory purposes. Principal Investment (1) Spread to 3-Month LIBOR Rate Maturity Trust Preferred Capital Note - Statutory Trust I $ $ 6/17/2034 Trust Preferred Capital Note - Statutory Trust II 6/15/2036 VFG Limited Liability Trust I Indenture 3/18/2034 FNB Statutory Trust II Indenture 6/26/2033 Total $ $ (1) reported as “Other Assets” within the Consolidated Balance Sheets.
Advances from the FHLB	As of June 30, 2015 , the Company had advances from the FHLB consisting of the following (dollars in thousands): Long-term Type Spread to 3-Month LIBOR Interest Rate Maturity Date Advance Amount Adjustable Rate Credit 0.44% 0.72% 8/23/2022 $ Adjustable Rate Credit 0.45% 0.74% 11/23/2022 Adjustable Rate Credit 0.45% 0.74% 11/23/2022 Adjustable Rate Credit 0.45% 0.74% 11/23/2022 Fixed Rate - 3.62% 11/28/2017 Fixed Rate - 3.44% 7/28/2015 Fixed Rate - 3.75% 7/30/2018 Fixed Rate - 3.97% 7/30/2018 Fixed Rate Hybrid - 2.11% 10/5/2016 Fixed Rate Hybrid - 0.91% 7/25/2016 $ As of December 31, 2014 , the Company had advances from the FHLB consisting of the following (dollars in thousands): Long-term Type Spread to 3-Month LIBOR Interest Rate Maturity Date Advance Amount Adjustable Rate Credit 0.44% 0.70% 8/23/2022 $ Adjustable Rate Credit 0.45% 0.71% 11/23/2022 Adjustable Rate Credit 0.45% 0.71% 11/23/2022 Adjustable Rate Credit 0.45% 0.71% 11/23/2022 Fixed Rate - 3.62% 11/28/2017 Fixed Rate - 3.44% 7/28/2015 Fixed Rate - 3.75% 7/30/2018 Fixed Rate - 3.97% 7/30/2018 Fixed Rate Hybrid - 2.11% 10/5/2016 Fixed Rate Hybrid - 0.91% 7/25/2016 $
Contractual Maturities of Long-Term Debt	As of June 30, 2015 , the contractual maturities of long-term debt are as follows for the years ending (dollars in thousands): Trust Preferred Capital Notes Subordinated Debt FHLB Advances Fair Value Premium (Discount) Prepayment Penalty Total Long-term Borrowings Remaining six months in 2015 $ - $ - $ $ $ $ 2016 - 2017 - - 2018 - - 2019 - - - 2020 - - - Thereafter - Total Long-term borrowings $ $ $ $ $ $

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2015
COMMITMENTS AND CONTINGENCIES [Abstract]
Balances of Commitments and Contingencies	The following table presents the balances of commitments and contingencies ( dollars in thousands): June 30, December 31, 2015 2014 Commitments with off-balance sheet risk: Commitments to extend credit (1) $ $ Standby letters of credit Mortgage loan rate lock commitments Total commitments with off-balance sheet risk $ $ Commitments with balance sheet risk: Loans held for sale $ $ Total other commitments $ $ (1) Includes unfunded overdraft protection.

DERIVATIVES (Tables)

DERIVATIVES (Tables)	6 Months Ended
	Jun. 30, 2015
Cash Flow Hedging [Member]
Derivative [Line Items]
Summary of the Derivatives	Shown below is a summary of the derivatives designated as cash flow hedges at June 30, 2015 and December 31, 2014 (dollars in thousands): Notional Receive Pay Life Positions Amount Asset Liability Rate Rate (Years) As of June 30, 2015 Pay fixed - receive floating interest rate swaps 7 $ $ - $ (1) (1) (1) Receive fixed - pay floating interest rate swaps 4 $ $ $ - (1) Due to their deferred nature, the rates and the life exclude the four FHLB advance swaps. Notional Receive Pay Life Positions Amount Asset Liability Rate Rate (Years) As of December 31, 2014 Pay fixed - receive floating interest rate swaps 7 $ $ - $ (1) (1) (1) Receive fixed - pay floating interest rate swaps 4 $ $ $ - (1) Due to their deferred nature, the rates and the life exclude the four FHLB advance swaps.
Interest Rate Swaps [Member]
Derivative [Line Items]
Summary of the Derivatives	Shown below is a summary regarding loan swap derivative activities at June 30, 2015 and December 31, 2014 (dollars in thousands): Notional Receive Pay Life Positions Amount Asset Liability Rate Rate (Years) As of June 30, 2015 Receive fixed - pay floating interest rate swaps 35 $ $ $ - Pay fixed - receive floating interest rate swaps 35 $ $ - $ Notional Receive Pay Life Positions Amount Asset Liability Rate Rate (Years) As of December 31, 2014 Receive fixed - pay floating interest rate swaps 30 $ $ $ - Pay fixed - receive floating interest rate swaps 30 $ $ - $

ACCUMULATED OTHER COMPREHENSI31

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	6 Months Ended
	Jun. 30, 2015
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
Change in Accumulated Other Comprehensive Income	The change in accumulated other comprehensive income (loss) for the three and six months ended June 30, 2015 is summarized as follows, net of tax ( dollars in thousands ): Unrealized Gains (Losses) on AFS Securities Unrealized Gain for AFS Securities Transferred to HTM Change in Fair Value of Cash Flow Hedge Total Balance - March 31, 2015 $ $ - $ $ Unrealized gain transferred from AFS to HTM - - Other comprehensive income (loss) Amounts reclassified from accumulated other comprehensive income - Net current period other comprehensive income (loss) Balance - June 30, 2015 $ $ $ $ Unrealized Gains (Losses) on AFS Securities Unrealized Gain for AFS Securities Transferred to HTM Change in Fair Value of Cash Flow Hedges Total Balance - December 31, 2014 $ $ - $ $ Unrealized gain transferred from AFS to HTM - - Other comprehensive income (loss) Amounts reclassified from accumulated other comprehensive income - Net current period other comprehensive income (loss) Balance - June 30, 2015 $ $ $ $ The change in accumulated other comprehensive income (loss) for the three and six months ended June 30, 2014 is summarized as follows, net of tax ( dollars in thousands): Unrealized Gains (Losses) on AFS Securities Change in Fair Value of Cash Flow Hedge Total Balance - March 31, 2014 $ $ $ Other comprehensive income (loss) Amounts reclassified from accumulated other comprehensive income Net current period other comprehensive income (loss) Balance - June 30, 2014 $ $ $ Unrealized Gains (Losses) on AFS Securities Change in Fair Value of Cash Flow Hedges Total Balance - December 31, 2013 $ $ $ Other comprehensive income (loss) Amounts reclassified from accumulated other comprehensive income Net current period other comprehensive income (loss) Balance - June 30, 2014 $ $ $

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2015
FAIR VALUE MEASUREMENTS [Abstract]
Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table presents the balances of financial assets and liabilities measured at fair value on a recurring basis at June 30, 2015 and December 31, 2014 (dollars in thousands): Fair Value Measurements at June 30, 2015 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Level 1 Level 2 Level 3 Balance ASSETS Securities available for sale: U.S. government and agency securities $ - $ $ - $ Obligations of states and political subdivisions - - Corporate and other bonds - - Mortgage-backed securities - - Other securities - - Derivatives: Interest rate swap - - Cash flow hedges - - Interest rate lock commitments - - Best effort forward delivery commitments - - LIABILITIES Derivatives: Interest rate swap $ - $ $ - $ Cash flow hedges - - Fair Value Measurements at December 31, 2014 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Level 1 Level 2 Level 3 Balance ASSETS Securities available for sale: U.S. government and agency securities $ - $ $ - $ Obligations of states and political subdivisions - - Corporate bonds - - Mortgage-backed securities - - Other securities - - Derivatives: Interest rate swap - - Cash flow hedges - - Interest rate lock commitments - - LIABILITIES Derivatives: Interest rate swap $ - $ $ - $ Cash flow hedges - -
Schedule of Financial Assets Measured at Fair Value on Nonrecurring Basis	The following tables summarize the Company’s financial assets that were measured at fair value on a nonrecurring basis at June 30, 2015 and December 31, 2014 (dollars in thousands): Fair Value Measurements at June 30, 2015 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Level 1 Level 2 Level 3 Balance ASSETS Loans held for sale $ - $ $ - $ Impaired loans - - Other real estate owned - - Fair Value Measurements at December 31, 2014 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Level 1 Level 2 Level 3 Balance ASSETS Loans held for sale $ - $ $ - $ Impaired loans - - Other real estate owned - -
Summary of Quantitative Information About Level 3 Fair Value Measurements	The following table displays quantitative information about Level 3 Fair Value Measurements at June 30, 2015 (dollars in thousands): Fair Value Measurements at June 30, 2015 Fair Value Valuation Technique(s) Unobservable Inputs Weighted Average ASSETS Commercial Real Estate - Owner Occupied $ Market comparables Discount applied to market comparables (1) Single Family Investment Real Estate Market comparables Discount applied to market comparables (1) Other (2) Market comparables Discount applied to market comparables (1) Total Impaired Loans Other real estate owned Market comparables Discount applied to market comparables (1) Total $ (1) A discount percentage (in addition to expected selling costs) is applied based on the age of independent appraisals, current market conditions, and experience within the local market. (2) The “Other” category of the impaired loans section consists of Other Commercial, Mortgage, Consumer Construction, Indirect Marine, and Other Consumer. The following table displays quantitative information about Level 3 Fair Value Measurements at December 31, 2014 (dollars in thousands): Fair Value Measurements at December 31, 2014 Fair Value Valuation Technique(s) Unobservable Inputs Weighted Average ASSETS Commercial Real Estate - Owner Occupied $ Market comparables Discount applied to market comparables (1) Commercial Real Estate - Non-Owner Occupied Market comparables Discount applied to market comparables (1) Raw Land and Lots Market comparables Discount applied to market comparables (1) Single Family Investment Real Estate Market comparables Discount applied to market comparables (1) Commercial and Industrial Market comparables Discount applied to market comparables (1) Other (2) Market comparables Discount applied to market comparables (1) Total Impaired Loans Other real estate owned Market comparables Discount applied to market comparables (1) Total $ (1) A discount percentage (in addition to expected selling costs) is applied based on the age of independent appraisals, current market conditions, and experience within the local market. (2) The “Other” category of the impaired loans section consists of Other Commercial, Mortgage, Consumer Construction, Indirect Marine, HELOCs, and Other Consumer.
Carrying Values and Estimated Fair Values of the Company's Financial Instruments	The carrying values and estimated fair values of the Company’s financial instruments at June 30, 2015 and December 31, 2014 are as follows (dollars in thousands): Fair Value Measurements at June 30, 2015 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Fair Value Carrying Value Level 1 Level 2 Level 3 Balance ASSETS Cash and cash equivalents $ $ $ - $ - $ Securities available for sale - - Held to maturity securities - - Restricted stock - - Loans held for sale - - Net loans - - Derivatives: Interest rate lock commitments - - Interest rate swap - - Cash flow hedges - - Best effort forward delivery commitments - - Accrued interest receivable - - Bank owned life insurance - - LIABILITIES Deposits $ $ - $ $ - $ Borrowings - - Accrued interest payable - - Derivatives: Interest rate swap - - Cash flow hedges - - Fair Value Measurements at December 31, 2014 using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Fair Value Carrying Value Level 1 Level 2 Level 3 Balance ASSETS Cash and cash equivalents $ $ $ - $ - $ Securities available for sale - - Restricted stock - - Loans held for sale - - Net loans - - Derivatives: Interest rate lock commitments - - Interest rate swap - - Cash flow hedges - - Accrued interest receivable - - Bank owned life insurance - - LIABILITIES Deposits $ $ - $ $ - $ Borrowings - - Accrued interest payable - - Derivatives: Interest rate swap - - Cash flow hedges - -

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2015
STOCK-BASED COMPENSATION [Abstract]
Summary of Stock Option Activity	The following table summarizes the stock option activity for the six months ended June 30, 2015: Number of Stock Options Weighted Average Exercise Price Options outstanding, December 31, 2014 $ Exercised Expired, forfeited, or cancelled Options outstanding, June 30, 2015 Options exercisable, June 30, 2015
Summary of Information Concerning Stock Options	The following table summarizes information concerning stock options issued to the Company’s employees that are vested or are expected to vest and stock options exercisable as of June 30, 2015 : Stock Options Vested or Expected to Vest Exercisable Stock options (number of shares) Weighted average remaining contractual life in years Weighted average exercise price on shares above water $ $ Aggregate intrinsic value $ $
Summary of Nonvested Stock Activity	The following table summarizes the restricted stock activity for the six months ended June 30, 2015: Number of Shares of Restricted Stock Weighted Average Grant-Date Fair Value Balance, December 31, 2014 $ Granted Net settle for taxes Vested Forfeited Balance, June 30, 2015
Estimated Unamortized Compensation Expense Recognized in Future	The estimated unamortized compensation expense, net of estimated forfeitures, related to nonvested stock and stock options issued and outstanding as of June 30, 2015 that will be recognized in future periods is as follows (dollars in thousands): Stock Options Restricted Stock Total For the remaining six months of 2015 $ $ $ For year ending December 31, 2016 For year ending December 31, 2017 For year ending December 31, 2018 - For year ending December 31, 2019 - Total $ $ $

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2015
EARNINGS PER SHARE [Abstract]
Reconciliation of the Denominators of the Basic and Diluted EPS Computations	The following is a reconciliation of the denominators of the basic and diluted EPS computations for the three and six months ended June 30, 2015 and 2014 (in thousands except per share data): Net Income Available to Common Shareholders (Numerator) Weighted Average Common Shares (Denominator) Per Share Amount For the three months ended June 30, 2015 Net income, basic $ $ Add: potentially dilutive common shares - stock awards - - Diluted $ $ For the three months ended June 30, 2014 Net income, basic $ $ Add: potentially dilutive common shares - stock awards - - Diluted $ $ For the six months ended June 30, 2015 Net income, basic $ $ Add: potentially dilutive common shares - stock awards - - Diluted $ $ For the six months ended June 30, 2014 Net income, basic $ $ Add: potentially dilutive common shares - stock awards - - Diluted $ $

SEGMENT REPORTING DISCLOSURES (

SEGMENT REPORTING DISCLOSURES (Tables)	6 Months Ended
	Jun. 30, 2015
SEGMENT REPORTING DISCLOSURES [Abstract]
Information About Reportable Segments and Reconciliation	Information about reportable segments and reconciliation of such information to the consolidated financial statements for the three and six months ended June 30, 2015 and 2014 is as follows (dollars in thousands): UNION BANKSHARES CORPORATION AND SUBSIDIARIES SEGMENT FINANCIAL INFORMATION Community Bank Mortgage Eliminations Consolidated Three Months Ended June 30, 2015 Net interest income $ $ $ - $ Provision for credit losses - Net interest income after provision for credit losses - Noninterest income Noninterest expenses Income before income taxes - Income tax expense - Net income $ $ $ - $ Total assets $ $ $ $ Three Months Ended June 30, 2014 Net interest income $ $ $ - $ Provision for credit losses - - Net interest income after provision for credit losses - Noninterest income Noninterest expenses Income (loss) before income taxes - Income tax expense (benefit) - Net income (loss) $ $ $ - $ Total assets $ $ $ $ Six Months Ended June 30, 2015 Net interest income $ $ $ - $ Provision for credit losses - Net interest income after provision for credit losses - Noninterest income Noninterest expenses Income (loss) before income taxes - Income tax expense (benefit) - Net income (loss) $ $ $ - $ Total assets $ $ $ $ Six Months Ended June 30, 2014 Net interest income $ $ $ - $ Provision for credit losses - - Net interest income after provision for credit losses - Noninterest income Noninterest expenses Income (loss) before income taxes - Income tax expense (benefit) - Net income (loss) $ $ $ - $ Total assets $ $ $ $

ACCOUNTING POLICIES (Narrative)

ACCOUNTING POLICIES (Narrative) (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
ACCOUNTING POLICIES [Abstract]
Investments, recognized amortization	$ 104,000	$ 279,000
Investments, tax credits	170,000	427,000
Carrying value of investments in qualified housing project investments	9,700,000	9,700,000	$ 10,400,000
Unfunded commitment liability	$ 5,100,000	$ 5,100,000

ACQUISITIONS (Narrative) (Detai

ACQUISITIONS (Narrative) (Details) - Jan. 01, 2014 - StellarOne Bank [Member] - USD ($) $ in Millions	Total
Business Acquisition [Line Items]
Number of shares equivalent to each share of acquired entity	0.9739
Number of common shares issued	22,147,874
Value of Company common stock issued	$ 549.5
Assets acquired	2,960
Liabilties assumed	$ 2,640

ACQUISITIONS (Schedule of Effec

ACQUISITIONS (Schedule of Effect of Amortization and Accretion Related to Acquisition) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
ACQUISITIONS [Abstract]
Loans	[1]	$ 1,052	$ (219)	$ 1,691	$ (765)
Core deposit intangibles	[2]	(2,138)	(2,456)	(4,361)	(5,072)
Borrowings	[3]	137	75	275	150
Time deposits	[4]	614	2,460	1,690	5,381
Net impact to income before taxes		$ (335)	$ (140)	$ (705)	$ (306)
[1]	Loan discount (premium) accretion (amortization) is included in "Interest and fees on loans" in the "Interest and dividend income" section of the Company's Consolidated Statements of Income.
[2]	Core deposit intangible premium amortization is included in "Amortization of intangible assets" in the "Noninterest expense" section of the Company's Consolidated Statements of Income.
[3]	Borrowings discount accretion is included in "Interest on long-term borrowings" in the "Interest Expense" section of the Company's Consolidated Statements of Income.
[4]	Certificate of deposit discount accretion is included in "Interest on deposits" in the "Interest expense" section of the Company's Consolidated Statements of Income.

SECURITIES (Narrative) (Details

SECURITIES (Narrative) (Details)	1 Months Ended	3 Months Ended	6 Months Ended	12 Months Ended
	Apr. 30, 2015USD ($)	Jun. 30, 2015USD ($)item	Jun. 30, 2015USD ($)item	Dec. 31, 2014USD ($)item
Schedule of Investments [Line Items]
Federal Home Loan Bank requires Bank to maintain percentage of stock equal to outstanding borrowings			4.25%	4.50%
Percentage of Federal Reserve Bank of Richmond reserve			6.00%	6.00%
Restricted equity securities consist of Federal Reserve Bank stock		$ 23,800,000	$ 23,800,000	$ 23,800,000
Federal Home Loan Bank Stock		26,400,000	26,400,000	31,000,000
Securities in a continuous loss position, more than 12 months, unrealized losses			1,086,000	1,134,000
Individual securities that had been in a continuous loss position for more than 12 months, amount		59,550,000	59,550,000	$ 96,404,000
Transfer from securities available for sale to securities held to maturity		201,800,000	201,822,000
Held to maturity securities unrealized gains before tax	$ 8,100,000	7,800,000
Credit-related OTTI		$ 0	$ 0
Available-for-sale Securities [Member]
Schedule of Investments [Line Items]
Individual securities that had been in a continuous loss position | item		24	24	60
Held-to-maturity Securities [Member]
Schedule of Investments [Line Items]
HTM securities that had been in continuous loss position | item		4	4
Obligations of States and Political Subdivisions [Member]
Schedule of Investments [Line Items]
Securities in a continuous loss position, more than 12 months, unrealized losses			$ 386,000	$ 628,000
Individual securities that had been in a continuous loss position for more than 12 months, amount		$ 6,491,000	6,491,000	$ 42,514,000
Obligations of States and Political Subdivisions [Member] | Held-to-maturity Securities [Member]
Schedule of Investments [Line Items]
Securities in a continuous loss position, more than 12 months, unrealized losses		$ 4,209,000	4,209,000
Individual securities that had been in a continuous loss position for more than 12 months, amount			$ 44,000

SECURITIES (Amortized Cost, Gro

SECURITIES (Amortized Cost, Gross Unrealized Gains and Losses, and Estimated Fair Values of Investment Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Amortized cost, gross unrealized gains and losses, and estimated fair values of investment securities
Amortized Cost	$ 874,869	$ 1,075,235
Gross Unrealized Gains	17,231	28,737
Gross Unrealized (Losses)	(3,738)	(1,858)
Estimated Fair Value	888,362	1,102,114
US Government Agencies Debt Securities [Member]
Amortized cost, gross unrealized gains and losses, and estimated fair values of investment securities
Amortized Cost	8,149	8,313
Gross Unrealized Gains	$ 231	166
Gross Unrealized (Losses)		(25)
Estimated Fair Value	$ 8,380	8,454
Obligations of States and Political Subdivisions [Member]
Amortized cost, gross unrealized gains and losses, and estimated fair values of investment securities
Amortized Cost	241,323	427,483
Gross Unrealized Gains	7,811	18,885
Gross Unrealized (Losses)	(1,493)	(721)
Estimated Fair Value	247,641	445,647
Corporate and Other Securities [Member]
Amortized cost, gross unrealized gains and losses, and estimated fair values of investment securities
Amortized Cost	75,551	78,744
Gross Unrealized Gains	67	244
Gross Unrealized (Losses)	(464)	(308)
Estimated Fair Value	75,154	78,680
Mortgage Backed Securities [Member]
Amortized cost, gross unrealized gains and losses, and estimated fair values of investment securities
Amortized Cost	539,665	550,716
Gross Unrealized Gains	9,094	9,411
Gross Unrealized (Losses)	(1,765)	(798)
Estimated Fair Value	546,994	559,329
Other Securities [Member]
Amortized cost, gross unrealized gains and losses, and estimated fair values of investment securities
Amortized Cost	10,181	9,979
Gross Unrealized Gains	28	31
Gross Unrealized (Losses)	(16)	(6)
Estimated Fair Value	$ 10,193	$ 10,004

SECURITIES (Schedule of Gross U

SECURITIES (Schedule of Gross Unrealized Losses and Fair Value of Investments) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Schedule of gross unrealized losses and fair value of investments
Less than 12 months, Fair value	$ 255,662	$ 124,731
Less than 12 months, Unrealized Losses	(2,652)	(724)
More than 12 Months, Fair value	59,550	96,404
More than 12 Months, Unrealized Losses	(1,086)	(1,134)
Fair value, Total	315,212	221,135
Unrealized Losses, Total	(3,738)	(1,858)
US Government Agencies Debt Securities [Member]
Schedule of gross unrealized losses and fair value of investments
Less than 12 months, Fair value		7,055
Less than 12 months, Unrealized Losses		(25)
Fair value, Total		7,055
Unrealized Losses, Total		(25)
Obligations of States and Political Subdivisions [Member]
Schedule of gross unrealized losses and fair value of investments
Less than 12 months, Fair value	46,361	13,602
Less than 12 months, Unrealized Losses	(1,107)	(93)
More than 12 Months, Fair value	6,491	42,514
More than 12 Months, Unrealized Losses	(386)	(628)
Fair value, Total	52,852	56,116
Unrealized Losses, Total	(1,493)	(721)
Mortgage Backed Securities [Member]
Schedule of gross unrealized losses and fair value of investments
Less than 12 months, Fair value	175,493	60,151
Less than 12 months, Unrealized Losses	(1,344)	(362)
More than 12 Months, Fair value	29,589	49,581
More than 12 Months, Unrealized Losses	(421)	(436)
Fair value, Total	205,082	109,732
Unrealized Losses, Total	(1,765)	(798)
Corporate Bonds and Other Securities [Member]
Schedule of gross unrealized losses and fair value of investments
Less than 12 months, Fair value	33,808	43,923
Less than 12 months, Unrealized Losses	(201)	(244)
More than 12 Months, Fair value	23,470	4,309
More than 12 Months, Unrealized Losses	(279)	(70)
Fair value, Total	57,278	48,232
Unrealized Losses, Total	$ (480)	$ (314)

SECURITIES (Schedule of Amortiz

SECURITIES (Schedule of Amortized Cost and Estimated Fair Value of Securities) (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Available-for-sale Securities
Due in one year or less, Amortized Cost		$ 22,204	$ 19,345
Due in one year or less, Estimated Fair Value		22,302	19,434
Due after one year through five years, Amortized Cost		57,278	41,545
Due after one year through five years, Estimated Fair Value		58,826	43,070
Due after five years through ten years, Amortized Cost		234,339	306,900
Due after five years through ten years, Estimated Fair Value		239,495	314,044
Due after ten years, Amortized Cost		561,048	707,445
Due after ten years, Estimated Fair Value		567,739	725,566
Total securities available for sale, Amortized Cost		874,869	1,075,235
Total securities available for sale, Estimated Fair Value		888,362	$ 1,102,114
Held to maturity Securities
Due in one year or less, Carrying Value	[1]	1,322
Due in one year or less, Estimated Fair Value		1,334
Due after one year through five years, Carrying Value	[1]	5,268
Due after one year through five years, Estimated Fair Value		5,276
Due after five years through ten years, Carrying Value	[1]	31,977
Due after five years through ten years, Estimated Fair Value		31,709
Due after ten years, Carrying Value	[1]	162,505
Due after ten years, Estimated Fair Value		161,156
Held-to-maturity Securities, Total	[1]	201,072
Total securities held to maturity, Estimated Fair Value		$ 199,475
[1]	The carrying value includes $7.8 million of unrealized gains and losses present at the time of transfer from available for securities, net of any accretion.

SECURITIES (Schedule of Securit

SECURITIES (Schedule of Securities Pledged to Secure Public Deposits, Repurchase Agreements, and for Other Purposes) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Available-for-sale Securities [Member]
Schedule of Investments [Line Items]
Total pledged AFS Securities, fair value	$ 307,172	$ 396,995
Available-for-sale Securities [Member] | Public Deposits [Member]
Schedule of Investments [Line Items]
Total pledged AFS Securities, fair value	149,354	312,793
Available-for-sale Securities [Member] | Repurchase Agreements [Member]
Schedule of Investments [Line Items]
Total pledged AFS Securities, fair value	125,731	51,842
Available-for-sale Securities [Member] | Other Purposes [Member]
Schedule of Investments [Line Items]
Total pledged AFS Securities, fair value	32,087	$ 32,360
Held-to-maturity Securities [Member]
Schedule of Investments [Line Items]
Total pledged HTM securities, fair value	199,475
Held-to-maturity Securities [Member] | Public Deposits [Member]
Schedule of Investments [Line Items]
Total pledged HTM securities, fair value	$ 199,475

SECURITIES (Schedule of Carryin

SECURITIES (Schedule of Carrying Value, Gross Unrealized Gains and Losses and Estimated Fair Value of Securities) (Details) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended
		Apr. 30, 2015	Jun. 30, 2015
Schedule of Held-to-maturity Securities [Line Items]
Carrying Value	[1]		$ 201,072
Estimated Fair Value			199,475
Held to maturity securities unrealized gains before tax		$ 8,100	7,800
Obligations of States and Political Subdivisions [Member]
Schedule of Held-to-maturity Securities [Line Items]
Carrying Value	[1]		201,072
Gross Unrealized Gains			2,127
Gross Unrealized Losses			(3,724)
Estimated Fair Value			$ 199,475
[1]	The carrying value includes $7.8 million of unrealized gains and losses present at the time of transfer from available for securities, net of any accretion.

SECURITIES (Gross Unrealized Lo

SECURITIES (Gross Unrealized Losses and Fair Value of Securities) (Details) - Jun. 30, 2015 - Held-to-maturity Securities [Member] - Obligations of States and Political Subdivisions [Member] - USD ($) $ in Thousands	Total
Schedule of Held-to-maturity Securities [Line Items]
Less than 12 months, Fair Value	$ 181,093
Less than 12 months, Unrealized Losses	(3,680)
More than 12 months, Fair Value	4,209
More than 12 months, Unrealized Losses	(44)
Fair Value, Total	185,302
Unrealized Losses, Total	$ (3,724)

SECURITIES (Gross Realized Gain

SECURITIES (Gross Realized Gains and Losses of the Sale of Securities) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Realized gains (losses):
Gross realized gains	$ 491	$ 432	$ 684	$ 464
Gross realized losses	(87)	(6)	(87)	(9)
Net realized gains	$ 404	$ 426	$ 597	$ 455

LOANS AND ALLOWANCE FOR LOAN 47

LOANS AND ALLOWANCE FOR LOAN LOSSES (Narrative) (Details)	3 Months Ended	6 Months Ended
	Jun. 30, 2014USD ($)loan	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)loan	Dec. 31, 2014USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 5,233,069,000	$ 5,510,385,000	$ 5,233,069,000	$ 5,345,996,000
Period for restructured loan to be considered default		90 days
Loans considered to be trouble debt restructurings		$ 22,124,000		26,777,000
Purchased Impaired (net of credit mark)	$ 131,107,000	87,841,000	$ 131,107,000	105,788,000
Number of restructured loans that defaulted in current period | loan	1		1
Restructured loans that defaulted in the current period	$ 24,000		$ 24,000
Provision for unfunded commitments		200,000
purchased impaired loans (gross)		107,100,000		126,300,000
Acquired Performing Loan Portfolio [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans		1,600,000,000		1,800,000,000
Remaining discount on acquired loans		$ 23,000,000		$ 24,300,000

LOANS AND ALLOWANCE FOR LOAN 48

LOANS AND ALLOWANCE FOR LOAN LOSSES (Loans Stated at Face Amount, Net of Unearned Income) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	$ 5,510,385	$ 5,345,996	$ 5,233,069
Commercial Construction [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	378,204	341,280
Commercial Real Estate - Owner Occupied [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	874,582	875,443
Commercial Real Estate - Non-Owner Occupied [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	1,569,306	1,509,159
Raw Land and Lots [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	201,630	211,225
Single Family Investment Real Estate [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	435,068	412,494
Commercial and Industrial [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	450,682	393,776
Other Commercial [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	90,556	81,106
Mortgage [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	470,707	478,151
Consumer Construction [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	65,105	74,168
Indirect Auto [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	208,195	199,411
Indirect Marine [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	42,306	43,190
HELOCs [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	488,891	500,579
Credit Card [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	26,349	24,225
Other Consumer [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	$ 208,804	$ 201,789

LOANS AND ALLOWANCE FOR LOAN 49

LOANS AND ALLOWANCE FOR LOAN LOSSES (Summary of Aging of the Loan Portfolio by Class) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	$ 15,147	$ 29,297
60-89 Days Past Due	7,444	8,730
Greater Than 90 Days and still Accruing	10,903	10,047
Purchased Impaired (net of credit mark)	87,841	105,788	$ 131,107
Nonaccrual	9,521	19,255
Current	5,379,529	5,172,879
Total loans	$ 5,510,385	5,345,996	$ 5,233,069
Commercial Construction [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due		$ 815
60-89 Days Past Due
Greater Than 90 Days and still Accruing	$ 126
Purchased Impaired (net of credit mark)	2,921	$ 3,782
Nonaccrual	1,907	968
Current	373,250	335,715
Total loans	378,204	341,280
Commercial Real Estate - Owner Occupied [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	169	621
60-89 Days Past Due	341	1,542
Greater Than 90 Days and still Accruing	705	1,683
Purchased Impaired (net of credit mark)	29,838	31,167
Nonaccrual	3,625	1,060
Current	839,904	839,370
Total loans	874,582	875,443
Commercial Real Estate - Non-Owner Occupied [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	3,336	3,984
60-89 Days Past Due	1,199	237
Greater Than 90 Days and still Accruing	798	91
Purchased Impaired (net of credit mark)	20,016	28,869
Nonaccrual	200	5,902
Current	1,543,757	1,470,076
Total loans	1,569,306	1,509,159
Raw Land and Lots [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	135	145
60-89 Days Past Due	207	44
Greater Than 90 Days and still Accruing	128	194
Purchased Impaired (net of credit mark)	5,103	7,427
Nonaccrual	403	2,359
Current	195,654	201,056
Total loans	201,630	211,225
Single Family Investment Real Estate [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	487	2,825
60-89 Days Past Due	232	338
Greater Than 90 Days and still Accruing	515	734
Purchased Impaired (net of credit mark)	15,504	16,879
Nonaccrual	782	2,070
Current	417,548	389,648
Total loans	435,068	412,494
Commercial and Industrial [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	1,727	1,250
60-89 Days Past Due	285	529
Greater Than 90 Days and still Accruing	509	549
Purchased Impaired (net of credit mark)	3,025	3,855
Nonaccrual	1,074	3,286
Current	444,062	384,307
Total loans	450,682	393,776
Other Commercial [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	566	42
60-89 Days Past Due	$ 10	$ 2
Greater Than 90 Days and still Accruing
Purchased Impaired (net of credit mark)	$ 1,112	$ 2,256
Nonaccrual	65	74
Current	88,803	78,732
Total loans	90,556	81,106
Mortgage [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	1,760	12,851
60-89 Days Past Due	3,872	4,300
Greater Than 90 Days and still Accruing	4,329	4,095
Purchased Impaired (net of credit mark)	6,605	7,394
Nonaccrual	1,054	2,485
Current	453,087	447,026
Total loans	$ 470,707	478,151
Consumer Construction [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due		$ 120
60-89 Days Past Due
Greater Than 90 Days and still Accruing	$ 819	$ 844
Purchased Impaired (net of credit mark)	$ 508	$ 516
Nonaccrual
Current	$ 63,778	$ 72,688
Total loans	65,105	74,168
Indirect Auto [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	1,631	1,593
60-89 Days Past Due	229	263
Greater Than 90 Days and still Accruing	$ 215	$ 317
Purchased Impaired (net of credit mark)
Nonaccrual
Current	$ 206,120	$ 197,238
Total loans	208,195	199,411
Indirect Marine [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	$ 374	$ 150
60-89 Days Past Due
Greater Than 90 Days and still Accruing
Purchased Impaired (net of credit mark)
Nonaccrual	$ 48	$ 201
Current	41,884	42,839
Total loans	42,306	43,190
HELOCs [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	2,516	3,082
60-89 Days Past Due	387	955
Greater Than 90 Days and still Accruing	1,289	820
Purchased Impaired (net of credit mark)	1,840	2,000
Nonaccrual	161	258
Current	482,698	493,464
Total loans	488,891	500,579
Credit Card [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	161	232
60-89 Days Past Due	70	108
Greater Than 90 Days and still Accruing	$ 180	$ 219
Purchased Impaired (net of credit mark)
Nonaccrual
Current	$ 25,938	$ 23,666
Total loans	26,349	24,225
Other Consumer [Member]
Summary of aging of the loan portfolio, by class
30-59 Days Past Due	2,285	1,587
60-89 Days Past Due	612	412
Greater Than 90 Days and still Accruing	1,290	501
Purchased Impaired (net of credit mark)	1,369	1,643
Nonaccrual	202	592
Current	203,046	197,054
Total loans	$ 208,804	$ 201,789

LOANS AND ALLOWANCE FOR LOAN 50

LOANS AND ALLOWANCE FOR LOAN LOSSES (Summary of Aging of the Acquired with Deteriorated Credit Quality Loan Portfolio by Class) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	$ 5,379,529	$ 5,172,879
Total	87,841	105,788	$ 131,107
Commercial Construction [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	373,250	335,715
Total	2,921	3,782
Commercial Real Estate - Owner Occupied [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	839,904	839,370
Total	29,838	31,167
Commercial Real Estate - Non-Owner Occupied [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	1,543,757	1,470,076
Total	20,016	28,869
Raw Land and Lots [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	195,654	201,056
Total	5,103	7,427
Single Family Investment Real Estate [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	417,548	389,648
Total	15,504	16,879
Commercial and Industrial [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	444,062	384,307
Total	3,025	3,855
Other Commercial [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	88,803	78,732
Total	1,112	2,256
Indirect Auto [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	$ 206,120	$ 197,238
Total
Mortgage [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	$ 453,087	$ 447,026
Total	6,605	7,394
Consumer Construction [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	63,778	72,688
Total	508	516
HELOCs [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	482,698	493,464
Total	1,840	2,000
Other Consumer [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	203,046	197,054
Total	1,369	1,643
Receivables Acquired with Deteriorated Credit Quality [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due	5,125	6,181
Greater than 90 Days	7,175	10,013
Current	75,541	89,594
Total	$ 87,841	$ 105,788
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due
Greater than 90 Days	$ 609	$ 652
Current	2,312	3,130
Total	2,921	3,782
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Real Estate - Owner Occupied [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due	1,029	1,138
Greater than 90 Days	1,484	843
Current	27,325	29,186
Total	29,838	31,167
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due	1,775	523
Greater than 90 Days	321	1,255
Current	17,920	27,091
Total	20,016	28,869
Receivables Acquired with Deteriorated Credit Quality [Member] | Raw Land and Lots [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due	376	$ 522
Greater than 90 Days	105
Current	4,622	$ 6,905
Total	5,103	7,427
Receivables Acquired with Deteriorated Credit Quality [Member] | Single Family Investment Real Estate [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due	425	1,327
Greater than 90 Days	686	1,311
Current	14,393	14,241
Total	15,504	16,879
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial and Industrial [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due	226	144
Greater than 90 Days	68	538
Current	2,731	3,173
Total	3,025	3,855
Receivables Acquired with Deteriorated Credit Quality [Member] | Other Commercial [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due	120	107
Greater than 90 Days	184	1,133
Current	808	1,016
Total	1,112	2,256
Receivables Acquired with Deteriorated Credit Quality [Member] | Mortgage [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due	916	1,975
Greater than 90 Days	2,557	2,866
Current	3,132	2,553
Total	$ 6,605	$ 7,394
Receivables Acquired with Deteriorated Credit Quality [Member] | Consumer Construction [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due
Greater than 90 Days	$ 508	$ 516
Current
Total	508	$ 516
Receivables Acquired with Deteriorated Credit Quality [Member] | HELOCs [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due	210	356
Greater than 90 Days	501	728
Current	1,129	916
Total	1,840	2,000
Receivables Acquired with Deteriorated Credit Quality [Member] | Other Consumer [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
30-89 Days Past Due	48	89
Greater than 90 Days	152	171
Current	1,169	1,383
Total	$ 1,369	$ 1,643

LOANS AND ALLOWANCE FOR LOAN 51

LOANS AND ALLOWANCE FOR LOAN LOSSES (Impaired Loans Individually Evaluated for Impairment by Class) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment	$ 81,186	$ 101,316
Loans without a specific allowance, Unpaid Principal Balance	83,647	109,728
Loans without a specific allowance, YTD Average Investment	82,213	109,502
Loans without a specific allowance, Interest Income Recognized	2,077	4,589
Loans with a specific allowance, Recorded Investment	14,670	30,864
Loans with a specific allowance, Unpaid Principal Balance	15,054	31,127
Loans with a specific allowance, Related Allowance	1,610	4,531
Loans with a specific allowance, YTD Average Investment	15,327	31,682
Loans with a specific allowance, Interest Income Recognized	282	1,282
Recorded Investment	95,856	132,180
Unpaid Principal Balance	98,701	140,855
Year to Date Average Investment	97,540	141,184
Interest Income Recognized	2,359	5,871
Commercial Construction [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment	6,506	5,281
Loans without a specific allowance, Unpaid Principal Balance	6,783	5,367
Loans without a specific allowance, YTD Average Investment	5,897	5,755
Loans without a specific allowance, Interest Income Recognized	135	165
Loans with a specific allowance, Recorded Investment	370	570
Loans with a specific allowance, Unpaid Principal Balance	370	570
Loans with a specific allowance, Related Allowance	10	51
Loans with a specific allowance, YTD Average Investment	485	506
Loans with a specific allowance, Interest Income Recognized	10	13
Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment	12,917	15,722
Loans without a specific allowance, Unpaid Principal Balance	13,182	16,430
Loans without a specific allowance, YTD Average Investment	12,664	16,774
Loans without a specific allowance, Interest Income Recognized	258	737
Loans with a specific allowance, Recorded Investment	5,162	5,951
Loans with a specific allowance, Unpaid Principal Balance	5,177	5,999
Loans with a specific allowance, Related Allowance	656	355
Loans with a specific allowance, YTD Average Investment	5,343	5,946
Loans with a specific allowance, Interest Income Recognized	83	280
Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment	12,566	22,917
Loans without a specific allowance, Unpaid Principal Balance	12,882	22,917
Loans without a specific allowance, YTD Average Investment	12,880	23,209
Loans without a specific allowance, Interest Income Recognized	317	1,116
Loans with a specific allowance, Recorded Investment	937	10,575
Loans with a specific allowance, Unpaid Principal Balance	937	10,572
Loans with a specific allowance, Related Allowance	81	2,017
Loans with a specific allowance, YTD Average Investment	932	10,823
Loans with a specific allowance, Interest Income Recognized	27	474
Raw Land and Lots [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment	39,679	44,790
Loans without a specific allowance, Unpaid Principal Balance	39,887	47,662
Loans without a specific allowance, YTD Average Investment	40,698	47,988
Loans without a specific allowance, Interest Income Recognized	1,179	2,124
Loans with a specific allowance, Recorded Investment	717	1,343
Loans with a specific allowance, Unpaid Principal Balance	717	1,373
Loans with a specific allowance, Related Allowance	19	98
Loans with a specific allowance, YTD Average Investment	760	1,472
Loans with a specific allowance, Interest Income Recognized	17	59
Single Family Investment Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment	2,805	4,197
Loans without a specific allowance, Unpaid Principal Balance	3,214	4,881
Loans without a specific allowance, YTD Average Investment	3,001	6,534
Loans without a specific allowance, Interest Income Recognized	54	170
Loans with a specific allowance, Recorded Investment	2,742	4,125
Loans with a specific allowance, Unpaid Principal Balance	2,766	4,144
Loans with a specific allowance, Related Allowance	182	562
Loans with a specific allowance, YTD Average Investment	2,859	4,293
Loans with a specific allowance, Interest Income Recognized	68	159
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment	3,361	4,453
Loans without a specific allowance, Unpaid Principal Balance	4,070	7,933
Loans without a specific allowance, YTD Average Investment	3,533	5,070
Loans without a specific allowance, Interest Income Recognized	67	121
Loans with a specific allowance, Recorded Investment	2,228	2,938
Loans with a specific allowance, Unpaid Principal Balance	2,279	3,009
Loans with a specific allowance, Related Allowance	474	582
Loans with a specific allowance, YTD Average Investment	2,308	3,125
Loans with a specific allowance, Interest Income Recognized	50	138
Other Commercial [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment	923	1,536
Loans without a specific allowance, Unpaid Principal Balance	928	1,538
Loans without a specific allowance, YTD Average Investment	954	1,624
Loans without a specific allowance, Interest Income Recognized	28	90
Loans with a specific allowance, Recorded Investment	469	359
Loans with a specific allowance, Unpaid Principal Balance	490	378
Loans with a specific allowance, Related Allowance	41	32
Loans with a specific allowance, YTD Average Investment	507	442
Loans with a specific allowance, Interest Income Recognized	11	29
Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment	1,568	1,571
Loans without a specific allowance, Unpaid Principal Balance	1,582	1,582
Loans without a specific allowance, YTD Average Investment	1,580	1,583
Loans without a specific allowance, Interest Income Recognized	29	58
Loans with a specific allowance, Recorded Investment	1,395	3,323
Loans with a specific allowance, Unpaid Principal Balance	1,448	3,375
Loans with a specific allowance, Related Allowance	29	481
Loans with a specific allowance, YTD Average Investment	1,425	3,381
Loans with a specific allowance, Interest Income Recognized	6	60
Consumer Construction [Member]
Financing Receivable, Impaired [Line Items]
Loans with a specific allowance, Recorded Investment	376	375
Loans with a specific allowance, Unpaid Principal Balance	376	375
Loans with a specific allowance, Related Allowance	33	34
Loans with a specific allowance, YTD Average Investment	378	373
Loans with a specific allowance, Interest Income Recognized	9	19
Indirect Auto [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Unpaid Principal Balance	4	6
Loans without a specific allowance, YTD Average Investment	$ 1	4
Loans without a specific allowance, Interest Income Recognized
Indirect Marine [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment		201
Loans without a specific allowance, Unpaid Principal Balance		505
Loans without a specific allowance, YTD Average Investment		281
Loans with a specific allowance, Recorded Investment	$ 48	192
Loans with a specific allowance, Unpaid Principal Balance	149	192
Loans with a specific allowance, Related Allowance	1	5
Loans with a specific allowance, YTD Average Investment	$ 54	199
Loans with a specific allowance, Interest Income Recognized		15
HELOCs [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment	$ 779	559
Loans without a specific allowance, Unpaid Principal Balance	911	699
Loans without a specific allowance, YTD Average Investment	856	573
Loans without a specific allowance, Interest Income Recognized	10	8
Loans with a specific allowance, Recorded Investment		434
Loans with a specific allowance, Unpaid Principal Balance		434
Loans with a specific allowance, Related Allowance		4
Loans with a specific allowance, YTD Average Investment		436
Loans with a specific allowance, Interest Income Recognized		17
Other Consumer [Member]
Financing Receivable, Impaired [Line Items]
Loans without a specific allowance, Recorded Investment	82	89
Loans without a specific allowance, Unpaid Principal Balance	204	208
Loans without a specific allowance, YTD Average Investment	$ 149	107
Loans without a specific allowance, Interest Income Recognized
Loans with a specific allowance, Recorded Investment	$ 226	679
Loans with a specific allowance, Unpaid Principal Balance	345	706
Loans with a specific allowance, Related Allowance	84	310
Loans with a specific allowance, YTD Average Investment	276	686
Loans with a specific allowance, Interest Income Recognized	$ 1	$ 19

LOANS AND ALLOWANCE FOR LOAN 52

LOANS AND ALLOWANCE FOR LOAN LOSSES (Summary of Modified Loans that Continue to Accrue Interest Under the Terms of Restructuring Agreement) (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015USD ($)loan	Dec. 31, 2014USD ($)loan
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	41	58
Recorded Investment	$ 22,124	$ 26,777
Outstanding Commitment
Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	27	42
Recorded Investment	$ 19,880	$ 22,829
Outstanding Commitment
Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	14	16
Recorded Investment	$ 2,244	$ 3,948
Outstanding Commitment
Commercial Construction [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	1	1
Recorded Investment	$ 296	$ 707
Outstanding Commitment
Commercial Construction [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	1	1
Recorded Investment	$ 260	$ 253
Outstanding Commitment
Commercial Real Estate - Owner Occupied [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	5	3
Recorded Investment	$ 1,659	$ 682
Outstanding Commitment
Commercial Real Estate - Owner Occupied [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	1	2
Recorded Investment	$ 142	$ 153
Outstanding Commitment
Commercial Real Estate - Non-Owner Occupied [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	3	3
Recorded Investment	$ 2,448	$ 3,362
Outstanding Commitment
Commercial Real Estate - Non-Owner Occupied [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	1	1
Recorded Investment	$ 200	$ 539
Outstanding Commitment
Raw Land and Lots [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	5	9
Recorded Investment	$ 13,995	$ 14,777
Outstanding Commitment
Raw Land and Lots [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	1	2
Recorded Investment	$ 34	$ 1,053
Outstanding Commitment
Single Family Investment Real Estate [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	2	6
Recorded Investment	$ 446	$ 1,046
Outstanding Commitment
Single Family Investment Real Estate [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	2	1
Recorded Investment	$ 237	$ 433
Outstanding Commitment
Commercial and Industrial [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	2	9
Recorded Investment	$ 50	$ 722
Outstanding Commitment
Commercial and Industrial [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	4	5
Recorded Investment	$ 513	$ 616
Outstanding Commitment
Other Commercial [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	2	1
Recorded Investment	$ 213	$ 191
Outstanding Commitment
Other Commercial [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	1	1
Recorded Investment	$ 65	$ 74
Outstanding Commitment
Mortgage [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	6	7
Recorded Investment	$ 740	$ 1,244
Outstanding Commitment
Mortgage [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	2	2
Recorded Investment	$ 756	$ 770
Outstanding Commitment
Other Consumer [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	1	3
Recorded Investment	$ 33	$ 98
Outstanding Commitment
Other Consumer [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans | loan	1	1
Recorded Investment	$ 37	$ 57
Outstanding Commitment

LOANS AND ALLOWANCE FOR LOAN 53

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of TDR by Class and Modification Type) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)loan	Jun. 30, 2014USD ($)loan	Jun. 30, 2015USD ($)loan	Jun. 30, 2014USD ($)loan
Financing Receivable, Modifications [Line Items]
No. of Loans	2	1	3	4
Recorded investment at period end | $	$ 993	$ 35	$ 1,011	$ 433
Troubled Debt Restructuring Term Modification at Market Rate [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans	1	1	2	4
Recorded investment at period end | $	$ 120	$ 35	$ 138	$ 433
Troubled Debt Restructuring Term Modification at Market Rate [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans	1		1
Recorded investment at period end | $	$ 120		$ 120
Troubled Debt Restructuring Term Modification at Market Rate [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans				1
Recorded investment at period end | $				$ 111
Troubled Debt Restructuring Term Modification at Market Rate [Member] | Commercial and Industrial [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans		1	1	1
Recorded investment at period end | $		$ 35	$ 18	$ 35
Troubled Debt Restructuring Term Modification at Market Rate [Member] | Other Commercial [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans				2
Recorded investment at period end | $				$ 287
Troubled Debt Restructuring Term Modification Below Market Rate [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans	1		1
Recorded investment at period end | $	$ 873		$ 873
Troubled Debt Restructuring Term Modification Below Market Rate [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Modifications [Line Items]
No. of Loans	1		1
Recorded investment at period end | $	$ 873		$ 873

LOANS AND ALLOWANCE FOR LOAN 54

LOANS AND ALLOWANCE FOR LOAN LOSSES (Allowance for Loan Loss Activity, by Portfolio Segment, Balances for Allowance for Credit Losses, and Loans Based on Impairment Methodology) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Allowance for loan losses:
Balance, beginning of the year	$ 32,384	$ 30,135
Recoveries credited to allowance	1,696	2,171
Loans charged off	(7,035)	(2,427)
Provision charged to operations	5,299	1,500
Balance, end of period	32,344	31,379
Ending balance: individually evaluated for impairment			$ 1,610		$ 2,516
Ending balance: collectively evaluated for impairment			30,734		28,863
Total	32,384	30,135	32,344	$ 32,384	31,379
Loans:
Ending balance: individually evaluated for impairment			95,215		112,667
Ending balance: collectively evaluated for impairment			5,327,329		4,989,295
Ending balance: loans acquired with deteriorated credit quality			87,841	105,788	131,107
Total loans			5,510,385	5,345,996	5,233,069
Commercial [Member]
Allowance for loan losses:
Balance, beginning of the year	22,352	19,908
Recoveries credited to allowance	897	1,599
Loans charged off	(5,248)	(1,068)
Provision charged to operations	5,532	204
Balance, end of period	23,533	20,643
Ending balance: individually evaluated for impairment			1,463		2,117
Ending balance: collectively evaluated for impairment			22,070		18,526
Total	22,352	19,908	23,533	22,352	20,643
Loans:
Ending balance: individually evaluated for impairment			90,917		104,620
Ending balance: collectively evaluated for impairment			3,831,592		3,482,781
Ending balance: loans acquired with deteriorated credit quality			77,519	94,235	114,893
Total loans			4,000,028		3,702,294
Consumer [Member]
Allowance for loan losses:
Balance, beginning of the year	10,032	10,227
Recoveries credited to allowance	799	572
Loans charged off	(1,787)	(1,359)
Provision charged to operations	(233)	1,296
Balance, end of period	8,811	10,736
Ending balance: individually evaluated for impairment			147		399
Ending balance: collectively evaluated for impairment			8,664		10,337
Total	$ 10,032	$ 10,227	8,811	$ 10,032	10,736
Loans:
Ending balance: individually evaluated for impairment			4,298		8,047
Ending balance: collectively evaluated for impairment			1,495,737		1,506,514
Ending balance: loans acquired with deteriorated credit quality			10,322		16,214
Total loans			$ 1,510,357		$ 1,530,775

LOANS AND ALLOWANCE FOR LOAN 55

LOANS AND ALLOWANCE FOR LOAN LOSSES (Loans Receivables Related Risk Rating Excluding Purchased Impaired Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	$ 5,510,385	$ 5,345,996	$ 5,233,069
Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	378,204	341,280
Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	874,582	875,443
Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	1,569,306	1,509,159
Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	201,630	211,225
Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	435,068	412,494
Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	450,682	393,776
Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	90,556	81,106
Excluding Purchased Impaired [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	3,922,509	3,730,248
Excluding Purchased Impaired [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	375,283	337,498
Excluding Purchased Impaired [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	844,744	844,276
Excluding Purchased Impaired [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	1,549,290	1,480,290
Excluding Purchased Impaired [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	196,527	203,798
Excluding Purchased Impaired [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	419,564	395,615
Excluding Purchased Impaired [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	447,657	389,921
Excluding Purchased Impaired [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	89,444	78,850
Excluding Purchased Impaired [Member] | 1-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	944,887	805,908
Excluding Purchased Impaired [Member] | 1-3 [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	34,756	22,512
Excluding Purchased Impaired [Member] | 1-3 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	183,155	185,789
Excluding Purchased Impaired [Member] | 1-3 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	407,562	356,263
Excluding Purchased Impaired [Member] | 1-3 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	11,696	11,162
Excluding Purchased Impaired [Member] | 1-3 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	66,052	59,638
Excluding Purchased Impaired [Member] | 1-3 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	195,917	138,973
Excluding Purchased Impaired [Member] | 1-3 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	45,749	31,571
Excluding Purchased Impaired [Member] | 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	2,757,857	2,662,344
Excluding Purchased Impaired [Member] | 4 [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	310,970	289,064
Excluding Purchased Impaired [Member] | 4 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	629,284	620,587
Excluding Purchased Impaired [Member] | 4 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	1,081,215	1,041,515
Excluding Purchased Impaired [Member] | 4 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	132,386	128,281
Excluding Purchased Impaired [Member] | 4 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	333,533	311,900
Excluding Purchased Impaired [Member] | 4 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	231,994	230,084
Excluding Purchased Impaired [Member] | 4 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	38,475	40,913
Excluding Purchased Impaired [Member] | 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	86,878	89,056
Excluding Purchased Impaired [Member] | 5 [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	17,583	11,932
Excluding Purchased Impaired [Member] | 5 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	14,460	15,003
Excluding Purchased Impaired [Member] | 5 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	22,487	22,358
Excluding Purchased Impaired [Member] | 5 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	9,814	16,803
Excluding Purchased Impaired [Member] | 5 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	8,794	9,750
Excluding Purchased Impaired [Member] | 5 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	10,823	9,392
Excluding Purchased Impaired [Member] | 5 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	2,917	3,818
Excluding Purchased Impaired [Member] | 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	68,116	63,672
Excluding Purchased Impaired [Member] | 6 [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	9,343	10,906
Excluding Purchased Impaired [Member] | 6 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	6,471	7,688
Excluding Purchased Impaired [Member] | 6 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	24,523	28,388
Excluding Purchased Impaired [Member] | 6 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	16,359	4,783
Excluding Purchased Impaired [Member] | 6 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	6,190	6,680
Excluding Purchased Impaired [Member] | 6 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	4,319	4,383
Excluding Purchased Impaired [Member] | 6 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	911	844
Excluding Purchased Impaired [Member] | 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	63,189	109,268
Excluding Purchased Impaired [Member] | 7 [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	2,631	3,084
Excluding Purchased Impaired [Member] | 7 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	9,792	15,209
Excluding Purchased Impaired [Member] | 7 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	13,503	31,766
Excluding Purchased Impaired [Member] | 7 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	26,272	42,769
Excluding Purchased Impaired [Member] | 7 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	4,995	7,647
Excluding Purchased Impaired [Member] | 7 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	4,604	7,089
Excluding Purchased Impaired [Member] | 7 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	1,392	$ 1,704
Excluding Purchased Impaired [Member] | 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	$ 1,582
Excluding Purchased Impaired [Member] | 8 [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating
Excluding Purchased Impaired [Member] | 8 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating	$ 1,582
Excluding Purchased Impaired [Member] | 8 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating
Excluding Purchased Impaired [Member] | 8 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating
Excluding Purchased Impaired [Member] | 8 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating
Excluding Purchased Impaired [Member] | 8 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating
Excluding Purchased Impaired [Member] | 8 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivables related risk rating

LOANS AND ALLOWANCE FOR LOAN 56

LOANS AND ALLOWANCE FOR LOAN LOSSES (Loans Receivables Related Risk Rating Including Purchased Impaired Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Financing Receivable, Recorded Investment [Line Items]
Total	$ 87,841	$ 105,788	$ 131,107
Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	2,921	3,782
Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	29,838	31,167
Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	20,016	28,869
Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	5,103	7,427
Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	15,504	16,879
Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	3,025	3,855
Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	1,112	2,256
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 77,519	$ 94,235	$ 114,893
4 [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total
4 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 5,544	$ 1,525
4 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	5,070	2,837
4 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	1,511	1,564
4 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	4,674	2,807
4 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	422	$ 437
4 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	91
4 [Member] | Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 17,312	$ 9,170
5 [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total
5 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 581	$ 3,546
5 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	3,801	934
5 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	533	189
5 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	1,710	$ 1,253
5 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 12
5 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total
5 [Member] | Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 6,637	$ 5,922
6 [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	2,311	3,130
6 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	8,856	10,880
6 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	7,648	18,736
6 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	1,938	3,148
6 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	4,100	6,462
6 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	917	913
6 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	476	510
6 [Member] | Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	26,246	43,779
7 [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	149	194
7 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	14,857	15,216
7 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	3,497	6,362
7 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	1,121	2,526
7 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	5,020	6,357
7 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	1,650	2,477
7 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	545	1,746
7 [Member] | Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	26,839	34,878
8 [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 461	458
8 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total
8 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total
8 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Total
8 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total
8 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 24	28
8 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total
8 [Member] | Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 485	486
Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	87,841	105,788
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	2,921	3,782
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	29,838	31,167
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	20,016	28,869
Receivables Acquired with Deteriorated Credit Quality [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	5,103	7,427
Receivables Acquired with Deteriorated Credit Quality [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	15,504	16,879
Receivables Acquired with Deteriorated Credit Quality [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	3,025	3,855
Receivables Acquired with Deteriorated Credit Quality [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 1,112	$ 2,256

LOANS AND ALLOWANCE FOR LOAN 57

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Acquired Loan Portfolio and Accretable Yield) (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014
Accretable Yield
Balance at beginning of period		$ 28,956	$ 2,980
Additions			34,653
Accretion		(3,106)	(3,677)
Reclass of nonaccretable difference due to improvement in expected cash flows		2,976
Other non-credit changes, net	[1]	(4,784)	(1,365)
Balance at end of period		$ 24,042	$ 32,591
[1]	This line item represents changes in the cash flows expected to be collected due to the impact of non-credit changes such as prepayment assumptions, changes in interest rates on variable rate PCI loans, and discounted payoffs that occurred in the quarter.

INTANGIBLE ASSETS (Narrative) (

INTANGIBLE ASSETS (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Jan. 01, 2014
Finite-Lived Intangible Assets [Line Items]
Intangible assets, amortization expense	$ 2,138	$ 2,455	$ 4,361	$ 5,071
Impairment charges	0
Core deposit intangibles, net	27,394	$ 36,479	27,394	$ 36,479	$ 31,755
Goodwill	$ 293,522		$ 293,522		293,522
Core Deposits [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, amortization expense					$ 9,800
Core Deposits [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, amortization period			4 years
Core Deposits [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, amortization period			14 years
StellarOne Bank [Member]
Finite-Lived Intangible Assets [Line Items]
Core deposit intangibles, net						$ 29,600
Goodwill						$ 234,100

INTANGIBLE ASSETS (Information

INTANGIBLE ASSETS (Information Concerning Intangible Assets with Finite Life) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Information concerning intangible assets with finite life
Gross Carrying Value	$ 76,185	$ 76,185	$ 76,185
Accumulated Amortization	48,791	44,430	39,706
Net Carrying Value/Total estimated amortization expense	$ 27,394	$ 31,755	$ 36,479

INTANGIBLE ASSETS (Estimated Re

INTANGIBLE ASSETS (Estimated Remaining Amortization Expense of Core Deposit Intangibles) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Estimated remaining amortization expense of core deposit intangibles
For the remaining six months of 2015	$ 4,085
For the year ending December 31, 2016	6,932
For the year ending December 31, 2017	5,590
For the year ending December 31, 2018	4,144
For the year ending December 31, 2019	3,093
For the year ending December 31, 2020	2,027
Thereafter	1,523
Net Carrying Value/Total estimated amortization expense	$ 27,394	$ 31,755	$ 36,479

BORROWINGS (Narrative) (Details

BORROWINGS (Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Remaining available balance for the federal funds lines	$ 175,000,000		$ 175,000,000		$ 150,000,000
Maximum collateral dependent line of credit with the FHLB	1,500,000,000		1,500,000,000		1,400,000,000
Prepayment penalty			19,600,000
Prepayment penalty amortization expense	455,000	$ 444,000	902,000	$ 881,000
Carrying value of the loans and securities pledged as collateral for FHLB	1,800,000,000		$ 1,800,000,000		$ 1,200,000,000
Acquisitions, Prior To 2006 [Member]
Number of bank acquisitions | item			2
Trust preferred capital notes principal balance			$ 58,500,000
Subordinated debt interest rate basis			LIBOR plus 1.45%
Subordinated debt maturity date			Apr. 1, 2016
Subordinated debt	17,500,000		$ 17,500,000
LIBOR [Member] | Acquisitions, Prior To 2006 [Member]
Spread on 3-Month LIBOR			1.45%
StellarOne Bank [Member]
Trust preferred capital notes principal balance			$ 32,000,000
Loans from Other Federal Home Loan Banks	70,000,000		70,000,000
Trust Preferred Capital Notes [Member]
Trust preferred capital notes principal balance			90,500,000
Trust Preferred Capital Notes [Member] | StellarOne Bank [Member]
Remaining fair value discount on acquired notes	7,100,000		7,100,000
Subordinated Debt [Member] | Acquisitions, Prior To 2006 [Member]
Remaining fair value discount on acquired notes	408,000		408,000
Federal Home Loan Bank Advances [Member] | StellarOne Bank [Member]
Remaining fair value premium on acquired FHLB advances	$ 1,600,000		$ 1,600,000

BORROWINGS (Short-Term Borrowin

BORROWINGS (Short-Term Borrowings) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Short-term borrowings
Securities sold under agreements to repurchase	$ 119,680	$ 44,393
Other short-term borrowings	261,000	343,000
Total short-term borrowings	380,680	387,393
Maximum month-end outstanding balance	445,761	387,393
Average outstanding balance during the period	$ 391,424	$ 237,896
Average interest rate during the period	0.26%	0.24%
Average interest rate at end of period	0.25%	0.31%
Other short-term borrowings:
FHLB	$ 255,000	$ 335,000
Other lines of credit	$ 6,000	$ 8,000

BORROWINGS (Trust Preferred Cap

BORROWINGS (Trust Preferred Capital Notes Qualify for Tier 1 Capital) (Details) - USD ($)		6 Months Ended
		Jun. 30, 2015	Dec. 31, 2014
Trust preferred capital notes qualify for Tier 1 capital
Investment		$ 86,674,000	$ 84,637,000
Statutory Trust I [Member]
Trust preferred capital notes qualify for Tier 1 capital
Trust preferred capital notes principal balance		22,500,000
Investment	[1]	$ 696,000
Rate		3.03%
Maturity		Jun. 17, 2034
Statutory Trust II [Member]
Trust preferred capital notes qualify for Tier 1 capital
Trust preferred capital notes principal balance		$ 36,000,000
Investment	[1]	$ 1,114,000
Rate		1.68%
Maturity		Jun. 15, 2036
VFG Limited Liability Trust I Indenture [Member]
Trust preferred capital notes qualify for Tier 1 capital
Trust preferred capital notes principal balance		$ 20,000,000
Investment	[1]	$ 619,000
Rate		3.01%
Maturity		Mar. 18, 2034
FNB Statutory Trust II Indenture [Member]
Trust preferred capital notes qualify for Tier 1 capital
Trust preferred capital notes principal balance		$ 12,000,000
Investment	[1]	$ 372,000
Rate		3.38%
Maturity		Jun. 26, 2033
Trust Preferred Capital Notes [Member]
Trust preferred capital notes qualify for Tier 1 capital
Trust preferred capital notes principal balance		$ 90,500,000
Investment	[1]	$ 2,801,000
LIBOR [Member] | Statutory Trust I [Member]
Trust preferred capital notes qualify for Tier 1 capital
Spread on 3-Month LIBOR		2.75%
LIBOR [Member] | Statutory Trust II [Member]
Trust preferred capital notes qualify for Tier 1 capital
Spread on 3-Month LIBOR		1.40%
LIBOR [Member] | VFG Limited Liability Trust I Indenture [Member]
Trust preferred capital notes qualify for Tier 1 capital
Spread on 3-Month LIBOR		2.73%
LIBOR [Member] | FNB Statutory Trust II Indenture [Member]
Trust preferred capital notes qualify for Tier 1 capital
Spread on 3-Month LIBOR		3.10%
[1]	reported as "Other Assets" within the Consolidated Balance Sheets.

BORROWINGS (Advances from the F

BORROWINGS (Advances from the FHLB) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Advances from the FHLB
Advance Amount	$ 210,000	$ 210,000
Adjustable Rate Credit One [Member]
Advances from the FHLB
Interest Rate	0.72%	0.70%
Maturity Date	Aug. 23, 2022	Aug. 23, 2022
Advance Amount	$ 55,000	$ 55,000
Adjustable Rate Credit Two [Member]
Advances from the FHLB
Interest Rate	0.74%	0.71%
Maturity Date	Nov. 23, 2022	Nov. 23, 2022
Advance Amount	$ 65,000	$ 65,000
Adjustable Rate Credit Three [Member]
Advances from the FHLB
Interest Rate	0.74%	0.71%
Maturity Date	Nov. 23, 2022	Nov. 23, 2022
Advance Amount	$ 10,000	$ 10,000
Adjustable Rate Credit Four [Member]
Advances from the FHLB
Interest Rate	0.74%	0.71%
Maturity Date	Nov. 23, 2022	Nov. 23, 2022
Advance Amount	$ 10,000	$ 10,000
Fixed Rate One [Member]
Advances from the FHLB
Interest Rate	3.62%	3.62%
Maturity Date	Nov. 28, 2017	Nov. 28, 2017
Advance Amount	$ 10,000	$ 10,000
Fixed Rate Two [Member]
Advances from the FHLB
Interest Rate	3.44%	3.44%
Maturity Date	Jul. 28, 2015	Jul. 28, 2015
Advance Amount	$ 10,000	$ 10,000
Fixed Rate Three [Member]
Advances from the FHLB
Interest Rate	3.75%	3.75%
Maturity Date	Jul. 30, 2018	Jul. 30, 2018
Advance Amount	$ 5,000	$ 5,000
Fixed Rate Four [Member]
Advances from the FHLB
Interest Rate	3.97%	3.97%
Maturity Date	Jul. 30, 2018	Jul. 30, 2018
Advance Amount	$ 5,000	$ 5,000
Fixed Rate Hybrid One [Member]
Advances from the FHLB
Interest Rate	2.11%	2.11%
Maturity Date	Oct. 5, 2016	Oct. 5, 2016
Advance Amount	$ 25,000	$ 25,000
Fixed Rate Hybrid Two [Member]
Advances from the FHLB
Interest Rate	0.91%	0.91%
Maturity Date	Jul. 25, 2016	Jul. 25, 2016
Advance Amount	$ 15,000	$ 15,000
LIBOR [Member] | Adjustable Rate Credit One [Member]
Advances from the FHLB
Spread on 3-Month LIBOR	0.44%	0.44%
LIBOR [Member] | Adjustable Rate Credit Two [Member]
Advances from the FHLB
Spread on 3-Month LIBOR	0.45%	0.45%
LIBOR [Member] | Adjustable Rate Credit Three [Member]
Advances from the FHLB
Spread on 3-Month LIBOR	0.45%	0.45%
LIBOR [Member] | Adjustable Rate Credit Four [Member]
Advances from the FHLB
Spread on 3-Month LIBOR	0.45%	0.45%

BORROWINGS (Contractual Maturit

BORROWINGS (Contractual Maturities of Long-Term Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Contractual maturities of long-term debt
Remaining six months in 2015	$ 9,096
2,016	55,889
2,017	8,248
2,018	7,887
2,019	(2,304)
2,020	(2,375)
Thereafter	223,853
Total long-term Borrowings	300,294	$ 299,542
Trust Preferred Capital Notes [Member]
Contractual maturities of long-term debt
Thereafter	93,301
Total long-term Borrowings	$ 93,301
Subordinated Debt [Member]
Contractual maturities of long-term debt
Remaining six months in 2015
2,016	$ 17,500
2,017
2,018
2,019
2,020
Thereafter
Total long-term Borrowings	$ 17,500
Federal Home Loan Bank Advances [Member]
Contractual maturities of long-term debt
Remaining six months in 2015	10,000
2,016	40,000
2,017	10,000
2,018	$ 10,000
2,019
2,020
Thereafter	$ 140,000
Total long-term Borrowings	210,000
Fair Value Premium (Discount) [Member]
Contractual maturities of long-term debt
Remaining six months in 2015	25
2,016	271
2,017	170
2,018	(143)
2,019	(286)
2,020	(301)
Thereafter	(5,622)
Total long-term Borrowings	(5,886)
Prepayment Penalty [Member]
Contractual maturities of long-term debt
Remaining six months in 2015	(929)
2,016	(1,882)
2,017	(1,922)
2,018	(1,970)
2,019	(2,018)
2,020	(2,074)
Thereafter	(3,826)
Total long-term Borrowings	$ (14,621)

COMMITMENTS AND CONTINGENCIES66

COMMITMENTS AND CONTINGENCIES (Narrative) (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Other Commitments [Line Items]
Loans available for sale in which the related rate lock commitment expired	$ 2,700,000	$ 2,600,000
Valuation reserve on aged loans held for sale in which the related rate lock commitment expired	102,000	104,000
Daily average required reserves	47,900,000	48,700,000
Deposits with other financial institutions	25,400,000
Uninsured deposits with other financial institutions	11,300,000
Indemnification reserves	447,000	$ 662,000
Interest Rate Swaps [Member]
Other Commitments [Line Items]
Deposits with other financial institutions serves as collateral	3,500,000
Cash Flow Hedging [Member]
Other Commitments [Line Items]
Deposits with other financial institutions serves as collateral	$ 9,500,000

COMMITMENTS AND CONTINGENCIES67

COMMITMENTS AND CONTINGENCIES (Balances of Commitments and Contingencies) (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Commitments with off-balance sheet risk:
Total commitments with off-balance sheet risk		$ 1,692,731	$ 1,768,827
Commitments with balance sheet risk:
Loans held for sale		39,450	42,519
Total other commitments		1,732,181	1,811,346
Commitments to Extend Credit [Member]
Commitments with off-balance sheet risk:
Total commitments with off-balance sheet risk	[1]	1,498,272	1,601,287
Standby Letters of Credit [Member]
Commitments with off-balance sheet risk:
Total commitments with off-balance sheet risk		119,611	117,988
Interest Rate Lock Commitments [Member]
Commitments with off-balance sheet risk:
Total commitments with off-balance sheet risk		$ 74,848	$ 49,552
[1]	Includes unfunded overdraft protection.

DERIVATIVES (Narrative) (Detail

DERIVATIVES (Narrative) (Details)	6 Months Ended
	Jun. 30, 2015USD ($)itemloan	Dec. 31, 2014USD ($)item
Minimum [Member]
Derivatives, Fair Value [Line Items]
Interest rate lock commitments period	30 days
Maximum [Member]
Derivatives, Fair Value [Line Items]
Interest rate lock commitments period	120 days
Trust Swaps [Member]
Derivatives, Fair Value [Line Items]
Notional amount	$ 68,000,000
Average fixed rate	2.77%
Number of interest rate swaps | item	3
Trust Swaps [Member] | Minimum [Member]
Derivatives, Fair Value [Line Items]
Derivative term	3 years
Trust Swaps [Member] | Maximum [Member]
Derivatives, Fair Value [Line Items]
Derivative term	6 years
Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Market value of securities pledged as collateral for derivative instruments	$ 6,500,000
Deposits with other financial institutions serves as collateral	3,500,000
Cash Flow Hedging [Member]
Derivatives, Fair Value [Line Items]
Notional amount	$ 263,000,000
Number of interest rate swaps | item	11
Unrealized gain (loss) of fair value of derivative	$ (7,000,000)
Deposits with other financial institutions serves as collateral	9,500,000
Prime Loan Swaps [Member]
Derivatives, Fair Value [Line Items]
Notional amount	$ 55,000,000
Number of loan swaps with floor rates | loan	1
Number of interest rate swaps | item	4
Derivative term	6 years
Interest rate spread calculated on the variable rate	0.49%
Interest rate swaps agreement, effective date	Sep. 17, 2013
Prime Loan Swaps [Member] | Minimum [Member]
Derivatives, Fair Value [Line Items]
Fixed rate	4.71%
Floor interest rate	4.00%
Prime Loan Swaps [Member] | Maximum [Member]
Derivatives, Fair Value [Line Items]
Fixed rate	5.20%
FHLB Advance Swaps [Member]
Derivatives, Fair Value [Line Items]
Notional amount	$ 140,000,000
Number of interest rate swaps | loan	4
FHLB Advance Swaps [Member] | Minimum [Member]
Derivatives, Fair Value [Line Items]
Fixed rate	3.16%
Derivative term	5 years
Interest rate swaps agreement, effective date	Feb. 23, 2017
FHLB Advance Swaps [Member] | Maximum [Member]
Derivatives, Fair Value [Line Items]
Fixed rate	3.46%
Derivative term	6 years
Interest rate swaps agreement, effective date	Feb. 23, 2018
Fair Value Hedging [Member]
Derivatives, Fair Value [Line Items]
Notional amount	$ 53,600,000	$ 38,300,000
Aggregate notional amount of the hedged items	$ 53,600,000	$ 38,300,000
Number of interest rate swaps | item	3	1
Fair value of aggregate notional amount of the hedged items	$ (483,000)
Unrealized gain (loss) of fair value of derivative	$ 542,000
Fair Value Hedging [Member] | Minimum [Member]
Derivatives, Fair Value [Line Items]
Fixed rate	3.23%
Derivative term	15 years
Fair Value Hedging [Member] | Maximum [Member]
Derivatives, Fair Value [Line Items]
Fixed rate	3.53%
Derivative term	17 years
Interest rate spread calculated on the variable rate	2.13%
Prime Loan Swaps and FHLB Advance Swaps [Member]
Derivatives, Fair Value [Line Items]
Market value of securities pledged as collateral for derivative instruments	$ 4,500,000
Interest Rate Lock Commitments [Member]
Derivatives, Fair Value [Line Items]
Notional amount	74,800,000	$ 49,600,000
Asset	344,000	$ 513,000
Best Effort Forward Delivery Commitments [Member]
Derivatives, Fair Value [Line Items]
Liabilities	$ (570,000)

DERIVATIVES (Summary of the Der

DERIVATIVES (Summary of the Derivatives) (Details) $ in Thousands		6 Months Ended	12 Months Ended
		Jun. 30, 2015USD ($)item	Dec. 31, 2014USD ($)item
Trust Swaps [Member]
Summary of the derivative designated as a cash flow hedge
Notional Amount		$ 68,000
Cash Flow Hedging [Member]
Summary of the derivative designated as a cash flow hedge
Notional Amount		263,000
Prime Loan Swaps [Member]
Summary of the derivative designated as a cash flow hedge
Notional Amount		$ 55,000
Life (Years)		6 years
Receive fixed - pay floating interest rate swaps [Member] | Cash Flow Hedging [Member]
Summary of the derivative designated as a cash flow hedge
Positions | item		4	4
Notional Amount		$ 55,000	$ 55,000
Asset		$ 859	$ 580
Receive Rate		4.93%	4.93%
Pay Rate		3.55%	3.55%
Life (Years)		4 years 5 months 19 days	4 years 8 months 19 days
Receive fixed - pay floating interest rate swaps [Member] | Interest Rate Swaps [Member]
Summary of the derivative designated as a cash flow hedge
Positions | item		35	30
Notional Amount		$ 141,548	$ 122,793
Asset		$ 2,830	$ 2,681
Receive Rate		4.25%	4.29%
Pay Rate		2.48%	2.50%
Life (Years)		7 years 1 month 21 days	7 years 1 month 21 days
Pay fixed - receive floating interest rate swaps [Member] | Cash Flow Hedging [Member]
Summary of the derivative designated as a cash flow hedge
Positions | item		7	7
Notional Amount		$ 208,000	$ 208,000
Asset
Liabilities		$ 7,810	$ 8,433
Receive Rate	[1]	0.28%	0.26%
Pay Rate		2.77%	2.77%	[1]
Life (Years)	[1]	1 year 10 months 17 days	2 years 1 month 13 days
Pay fixed - receive floating interest rate swaps [Member] | Interest Rate Swaps [Member]
Summary of the derivative designated as a cash flow hedge
Positions | item		35	30
Notional Amount		$ 141,548	$ 122,793
Liabilities		$ 2,830	$ 2,681
Receive Rate		2.48%	2.50%
Pay Rate		4.25%	4.29%
Life (Years)		7 years 1 month 21 days	7 years 1 month 21 days
Minimum [Member] | Trust Swaps [Member]
Summary of the derivative designated as a cash flow hedge
Life (Years)		3 years
Maximum [Member] | Trust Swaps [Member]
Summary of the derivative designated as a cash flow hedge
Life (Years)		6 years
[1]	Due to their deferred nature, the rates and the life exclude the four FHLB advance swaps.

ACCUMULATED OTHER COMPREHENSI70

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
OTTI recovery amount		$ 400,000
Reclassifications of unrealized gains (losses) on AFS	$ 404,000	426,000	$ 597,000	$ 455,000
Tax expense (benefit) related to (gains) losses on the sale of securities	(142,000)	(9,000)	(209,000)	(19,000)
Reclassification of unrealized gains (losses) on cash flow hedges	63,000	334,000	482,000	406,000
Tax expense (benefit) related to (gains) losses on the cash flow hedges	$ 22,000	117,000	$ 169,000	142,000
Net gain (loss) on sale of securities, excluding OTTI recovery		$ 26,000		$ 55,000

ACCUMULATED OTHER COMPREHENSI71

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Change in Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Change in accumulated other comprehensive income
Unrealized Gains (losses) on Securities, Beginning Balance	$ 21,097	$ 7,486	$ 17,439	$ 1,192
Change in Fair Value of Cash Flow Hedge, Beginning Balance	(6,402)	(2,760)	(5,184)	(3,382)
Total, Beginning Balance	14,695	4,726	12,255	(2,190)
Unrealized gain transferred from AFS to HTM, Unrealized Gains (Losses) on AFS Securities	(5,251)		(5,251)
Unrealized gain transferred from AFS to HTM, Accretion on unrealized gain for AFS securities transferred to HTM	$ 5,251		$ 5,251
Unrealized gain transferred from AFS to HTM, Total
Other comprehensive income (loss) before reclass, Unrealized Gains (losses) on Securities	$ (6,845)	6,733	$ (3,062)	13,046
Other comprehensive income (loss) before reclass, Accretion on unrealized loss for AFS securities transferred to HTM	(208)		(208)
Other comprehensive income (loss) before reclass, Change in Fair Value of Cash Flow Hedge	1,809	(778)	319	(203)
Other comprehensive income (loss) before reclass, Total	(5,244)	5,955	(2,951)	12,843
Amounts reclassified from accumulated other comprehensive income, Unrealized Gains (losses) on Securities	(263)	(17)	(388)	(36)
Amounts reclassified from accumulated other comprehensive income, Change in Fair Value of Cash Flow Hedge	41	217	313	264
Amounts reclassified from accumulated other comprehensive income	(222)	200	(75)	228
Net current period other comprehensive income (loss), Unrealized Gains (losses) on Securities	(7,108)	6,716	(3,450)	13,010
Net current period other comprehensive income (loss), Accretion on unrealized loss for AFS securities transferred to HTM	(208)		(208)
Net current period other comprehensive income (loss), Change in Fair Value of Cash Flow Hedge	1,850	(561)	632	61
Other comprehensive income (loss)	(5,466)	6,155	(3,026)	13,071
Unrealized Gains (losses) on Securities, Ending Balance	8,738	14,202	8,738	14,202
Accretion on unrealized loss for AFS securities transferred to HTM, Ending Balance	5,043		5,043
Change in Fair Value of Cash Flow Hedge, Ending Balance	(4,552)	(3,321)	(4,552)	(3,321)
Total, Ending Balance	$ 14,695	$ 4,726	$ 12,255	$ (2,190)	$ 9,229	$ 10,881

FAIR VALUE MEASUREMENTS (Narrat

FAIR VALUE MEASUREMENTS (Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)	Dec. 31, 2014
FAIR VALUE MEASUREMENTS [Abstract]
Weighted average pull through rate	80.00%		80.00%		90.00%
Minimum number of market participants | item			4,000
Nonrecurring fair value adjustments recorded on loans held for sale	$ 77,000	$ 42,000	$ 60,000	$ 86,000
Total valuation expenses related to OREO properties	$ 710,000	$ 817,000	$ 1,300,000	$ 1,073,000

FAIR VALUE MEASUREMENTS (Schedu

FAIR VALUE MEASUREMENTS (Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS:
Interest rate swap	$ 2,830	$ 2,681
Cash flow hedges	859	580
Estimated Fair Value	888,362	1,102,114
LIABILITIES:
Interest rate swap	2,830	2,681
Cash flow hedges	$ 7,810	8,433
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS:
Interest rate swap
Cash flow hedges
Estimated Fair Value
LIABILITIES:
Interest rate swap
Cash flow hedges
Significant Other Observable Inputs Level 2 [Member]
ASSETS:
Interest rate swap	$ 2,830	2,681
Cash flow hedges	859	580
Estimated Fair Value	888,362	1,102,114
LIABILITIES:
Interest rate swap	2,830	2,681
Cash flow hedges	$ 7,810	8,433
Significant Unobservable Inputs Level 3 [Member]
ASSETS:
Interest rate swap
Cash flow hedges
Estimated Fair Value
LIABILITIES:
Interest rate swap
Cash flow hedges
Recurring [Member]
ASSETS:
Interest rate swap	$ 2,830	2,681
Cash flow hedges	859	580
LIABILITIES:
Interest rate swap	2,830	2,681
Cash flow hedges	$ 7,810	$ 8,433
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS:
Interest rate swap
Cash flow hedges
LIABILITIES:
Interest rate swap
Cash flow hedges
Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
ASSETS:
Interest rate swap	$ 2,830	$ 2,681
Cash flow hedges	859	580
LIABILITIES:
Interest rate swap	2,830	2,681
Cash flow hedges	$ 7,810	$ 8,433
Recurring [Member] | Significant Unobservable Inputs Level 3 [Member]
ASSETS:
Interest rate swap
Cash flow hedges
LIABILITIES:
Interest rate swap
Cash flow hedges
US Government Agencies Debt Securities [Member]
ASSETS:
Estimated Fair Value	$ 8,380	$ 8,454
US Government Agencies Debt Securities [Member] | Recurring [Member]
ASSETS:
Estimated Fair Value	$ 8,380	$ 8,454
US Government Agencies Debt Securities [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS:
Estimated Fair Value
US Government Agencies Debt Securities [Member] | Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
ASSETS:
Estimated Fair Value	$ 8,380	$ 8,454
US Government Agencies Debt Securities [Member] | Recurring [Member] | Significant Unobservable Inputs Level 3 [Member]
ASSETS:
Estimated Fair Value
Obligations of States and Political Subdivisions [Member]
ASSETS:
Estimated Fair Value	$ 247,641	$ 445,647
Obligations of States and Political Subdivisions [Member] | Recurring [Member]
ASSETS:
Estimated Fair Value	$ 247,641	$ 445,647
Obligations of States and Political Subdivisions [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS:
Estimated Fair Value
Obligations of States and Political Subdivisions [Member] | Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
ASSETS:
Estimated Fair Value	$ 247,641	$ 445,647
Obligations of States and Political Subdivisions [Member] | Recurring [Member] | Significant Unobservable Inputs Level 3 [Member]
ASSETS:
Estimated Fair Value
Corporate and Other Securities [Member]
ASSETS:
Estimated Fair Value	$ 75,154	$ 78,680
Corporate and Other Securities [Member] | Recurring [Member]
ASSETS:
Estimated Fair Value	$ 75,154	$ 78,680
Corporate and Other Securities [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS:
Estimated Fair Value
Corporate and Other Securities [Member] | Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
ASSETS:
Estimated Fair Value	$ 75,154	$ 78,680
Corporate and Other Securities [Member] | Recurring [Member] | Significant Unobservable Inputs Level 3 [Member]
ASSETS:
Estimated Fair Value
Mortgage Backed Securities [Member]
ASSETS:
Estimated Fair Value	$ 546,994	$ 559,329
Mortgage Backed Securities [Member] | Recurring [Member]
ASSETS:
Estimated Fair Value	$ 546,994	$ 559,329
Mortgage Backed Securities [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS:
Estimated Fair Value
Mortgage Backed Securities [Member] | Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
ASSETS:
Estimated Fair Value	$ 546,994	$ 559,329
Mortgage Backed Securities [Member] | Recurring [Member] | Significant Unobservable Inputs Level 3 [Member]
ASSETS:
Estimated Fair Value
Other Securities [Member]
ASSETS:
Estimated Fair Value	$ 10,193	$ 10,004
Other Securities [Member] | Recurring [Member]
ASSETS:
Estimated Fair Value	$ 10,193	$ 10,004
Other Securities [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS:
Estimated Fair Value
Other Securities [Member] | Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
ASSETS:
Estimated Fair Value	$ 10,193	$ 10,004
Other Securities [Member] | Recurring [Member] | Significant Unobservable Inputs Level 3 [Member]
ASSETS:
Estimated Fair Value
Best Effort Forward Delivery Commitments [Member]
LIABILITIES:
Liabilities	$ (570)
Best Effort Forward Delivery Commitments [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
LIABILITIES:
Liabilities
Best Effort Forward Delivery Commitments [Member] | Significant Other Observable Inputs Level 2 [Member]
LIABILITIES:
Liabilities
Best Effort Forward Delivery Commitments [Member] | Significant Unobservable Inputs Level 3 [Member]
LIABILITIES:
Liabilities	$ (570)
Best Effort Forward Delivery Commitments [Member] | Recurring [Member]
LIABILITIES:
Liabilities	$ (570)
Best Effort Forward Delivery Commitments [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
LIABILITIES:
Liabilities
Best Effort Forward Delivery Commitments [Member] | Recurring [Member] | Significant Unobservable Inputs Level 3 [Member]
LIABILITIES:
Liabilities	$ (570)
Interest Rate Lock Commitments [Member]
ASSETS:
Derivative assets	$ 344	$ 513
Interest Rate Lock Commitments [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS:
Derivative assets
Interest Rate Lock Commitments [Member] | Significant Other Observable Inputs Level 2 [Member]
ASSETS:
Derivative assets
Interest Rate Lock Commitments [Member] | Significant Unobservable Inputs Level 3 [Member]
ASSETS:
Derivative assets	$ 344	513
Interest Rate Lock Commitments [Member] | Recurring [Member]
ASSETS:
Derivative assets	$ 344	$ 513
Interest Rate Lock Commitments [Member] | Recurring [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS:
Derivative assets
Interest Rate Lock Commitments [Member] | Recurring [Member] | Significant Unobservable Inputs Level 3 [Member]
ASSETS:
Derivative assets	$ 344	$ 513

FAIR VALUE MEASUREMENTS (Sche74

FAIR VALUE MEASUREMENTS (Schedule of Financial Assets Measured at Fair Value on Nonrecurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of financial assets measured at fair value on nonrecurring basis
Loans held for sale	$ 39,450	$ 42,519
Other real estate owned	22,222	28,118
Fair Value, Measurements, Nonrecurring [Member]
Schedule of financial assets measured at fair value on nonrecurring basis
Loans held for sale	39,450	42,519
Impaired loans	3,931	15,797
Other real estate owned	$ 22,222	$ 28,118
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Schedule of financial assets measured at fair value on nonrecurring basis
Loans held for sale
Quoted Prices in Active Markets for Identical Assets Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Schedule of financial assets measured at fair value on nonrecurring basis
Loans held for sale
Impaired loans
Other real estate owned
Significant Other Observable Inputs Level 2 [Member]
Schedule of financial assets measured at fair value on nonrecurring basis
Loans held for sale	$ 39,450	$ 42,519
Significant Other Observable Inputs Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Schedule of financial assets measured at fair value on nonrecurring basis
Loans held for sale	$ 39,450	$ 42,519
Impaired loans
Other real estate owned
Significant Unobservable Inputs Level 3 [Member]
Schedule of financial assets measured at fair value on nonrecurring basis
Loans held for sale
Significant Unobservable Inputs Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Schedule of financial assets measured at fair value on nonrecurring basis
Loans held for sale
Impaired loans	$ 3,931	$ 15,797
Other real estate owned	$ 22,222	$ 28,118

FAIR VALUE MEASUREMENTS (Summar

FAIR VALUE MEASUREMENTS (Summary of Quantitative Information About Level 3 Fair Value Measurements) (Details) - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		Jun. 30, 2015	Dec. 31, 2014
Market comparables [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Total		$ 26,153	$ 43,915
Other Real Estate Owned [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Level 3 fair value unobservable inputs	[1]	Discount applied to market comparables (1)	Discount applied to market comparables (1)
Other Real Estate Owned [Member] | Market comparables [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Other real estate owned		$ 22,222	$ 28,118
Discount applied to market comparables [Member] | Other Real Estate Owned [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Weighted Average		29.00%	32.00%
Impaired loans [Member] | Market comparables [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Total Impaired Loans		$ 3,931	$ 15,797
Impaired loans [Member] | Commercial Real Estate - Owner Occupied [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Level 3 fair value unobservable inputs	[1]	Discount applied to market comparables (1)	Discount applied to market comparables (1)
Impaired loans [Member] | Commercial Real Estate - Owner Occupied [Member] | Market comparables [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Total Impaired Loans		$ 2,315	$ 3,304
Impaired loans [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Level 3 fair value unobservable inputs	[1]		Discount applied to market comparables (1)
Impaired loans [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | Market comparables [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Total Impaired Loans			$ 7,828
Impaired loans [Member] | Raw Land and Lots [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Level 3 fair value unobservable inputs	[1]		Discount applied to market comparables (1)
Impaired loans [Member] | Raw Land and Lots [Member] | Market comparables [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Total Impaired Loans			$ 431
Impaired loans [Member] | Single Family Investment Real Estate [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Level 3 fair value unobservable inputs	[1]	Discount applied to market comparables (1)	Discount applied to market comparables (1)
Impaired loans [Member] | Single Family Investment Real Estate [Member] | Market comparables [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Total Impaired Loans		$ 1,044	$ 1,366
Impaired loans [Member] | Commercial and Industrial [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Level 3 fair value unobservable inputs	[1]		Discount applied to market comparables (1)
Impaired loans [Member] | Commercial and Industrial [Member] | Market comparables [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Total Impaired Loans			$ 339
Impaired loans [Member] | Other Consumer [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Level 3 fair value unobservable inputs	[1],[2]	Discount applied to market comparables (1)	Discount applied to market comparables (1)
Impaired loans [Member] | Other Consumer [Member] | Market comparables [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Total Impaired Loans	[2]	$ 572	$ 2,529
Impaired loans [Member] | Discount applied to market comparables [Member] | Commercial Real Estate - Owner Occupied [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Weighted Average		28.00%	34.00%
Impaired loans [Member] | Discount applied to market comparables [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Weighted Average			1.00%
Impaired loans [Member] | Discount applied to market comparables [Member] | Raw Land and Lots [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Weighted Average			16.00%
Impaired loans [Member] | Discount applied to market comparables [Member] | Single Family Investment Real Estate [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Weighted Average		0.00%	14.00%
Impaired loans [Member] | Discount applied to market comparables [Member] | Commercial and Industrial [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Weighted Average			45.00%
Impaired loans [Member] | Discount applied to market comparables [Member] | Other Consumer [Member]
Summary of quantitative information about Level 3 Fair Value Measurements
Weighted Average	[2]	14.00%	6.00%
[1]	A discount percentage (in addition to expected selling costs) is applied based on the age of independent appraisals, current market conditions, and experience within the local market.
[2]	The "Other" category of the impaired loans section consists of Other Commercial, Mortgage, Consumer Construction, Indirect Marine, HELOCs, and Other Consumer.

FAIR VALUE MEASUREMENTS (Carryi

FAIR VALUE MEASUREMENTS (Carrying Values and Estimated Fair Values of the Company's Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 136,833	$ 133,260
Securities available for sale, at fair value	888,362	1,102,114
Held to maturity securities	199,475
Restricted stock	50,171	54,854
Loans held for sale	39,450	42,519
Net loans	5,497,910	5,340,759
Interest rate swap	2,830	2,681
Cash flow hedges	859	580
Accrued interest receivable	21,840	21,775
Bank owned life insurance	141,284	139,005
LIABILITIES
Deposits	5,781,540	5,637,929
Borrowings	660,729	666,224
Accrued interest payable	1,749	1,899
Interest rate swap	2,830	2,681
Cash flow hedges	7,810	8,433
Carrying Value [Member]
ASSETS
Cash and cash equivalents	136,833	133,260
Securities available for sale, at fair value	888,362	1,102,114
Held to maturity securities	201,072
Restricted stock	50,171	54,854
Loans held for sale	39,450	42,519
Net loans	5,478,041	5,313,612
Interest rate swap	2,830	2,681
Cash flow hedges	859	580
Accrued interest receivable	21,840	21,775
Bank owned life insurance	141,284	139,005
LIABILITIES
Deposits	5,784,474	5,638,770
Borrowings	680,974	686,935
Accrued interest payable	1,749	1,899
Interest rate swap	2,830	2,681
Cash flow hedges	7,810	8,433
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS
Cash and cash equivalents	$ 136,833	133,260
Securities available for sale, at fair value
Held to maturity securities
Restricted stock
Loans held for sale
Net loans
Interest rate swap
Cash flow hedges
Accrued interest receivable
Bank owned life insurance
LIABILITIES
Deposits
Borrowings
Accrued interest payable
Interest rate swap
Cash flow hedges
Significant Other Observable Inputs Level 2 [Member]
ASSETS
Cash and cash equivalents
Securities available for sale, at fair value	$ 888,362	1,102,114
Held to maturity securities	199,475
Restricted stock	50,171	54,854
Loans held for sale	$ 39,450	42,519
Net loans
Interest rate swap	$ 2,830	2,681
Cash flow hedges	859	580
Accrued interest receivable	21,840	21,775
Bank owned life insurance	141,284	139,005
LIABILITIES
Deposits	5,781,540	5,637,929
Borrowings	660,729	666,224
Accrued interest payable	1,749	1,899
Interest rate swap	2,830	2,681
Cash flow hedges	$ 7,810	8,433
Significant Unobservable Inputs Level 3 [Member]
ASSETS
Cash and cash equivalents
Securities available for sale, at fair value
Held to maturity securities
Restricted stock
Loans held for sale
Net loans	$ 5,497,910	5,340,759
Interest rate swap
Cash flow hedges
Accrued interest receivable
Bank owned life insurance
LIABILITIES
Deposits
Borrowings
Accrued interest payable
Interest rate swap
Cash flow hedges
Interest Rate Lock Commitments [Member]
ASSETS
Derivative assets	$ 344	513
Interest Rate Lock Commitments [Member] | Carrying Value [Member]
ASSETS
Derivative assets	$ 344	513
Interest Rate Lock Commitments [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS
Derivative assets
Interest Rate Lock Commitments [Member] | Significant Other Observable Inputs Level 2 [Member]
ASSETS
Derivative assets
Interest Rate Lock Commitments [Member] | Significant Unobservable Inputs Level 3 [Member]
ASSETS
Derivative assets	$ 344	$ 513
Best Effort Forward Delivery Commitments [Member]
LIABILITIES
Liabilities	(570)
Best Effort Forward Delivery Commitments [Member] | Carrying Value [Member]
LIABILITIES
Liabilities	$ (570)
Best Effort Forward Delivery Commitments [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
LIABILITIES
Liabilities
Best Effort Forward Delivery Commitments [Member] | Significant Other Observable Inputs Level 2 [Member]
LIABILITIES
Liabilities
Best Effort Forward Delivery Commitments [Member] | Significant Unobservable Inputs Level 3 [Member]
LIABILITIES
Liabilities	$ (570)

STOCK-BASED COMPENSATION (Narra

STOCK-BASED COMPENSATION (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Recognized stock-based compensation expense	$ 13,000	$ 180,000	$ 403,000	$ 554,000
Recognized stock-based compensation expense, net of tax	$ 27,000	$ 144,000	$ 308,000	$ 414,000
Sharebased compensation allocated expense per common share			$ 0.01	$ 0.01
Remaining shares available for grant	1,960,531		1,960,531
Restricted stock vesting percentage			50.00%
Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Vesting period			3 years
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Vesting period			5 years
Stock options term from the grant date, maximum			10 years
2011 Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Maximum number of shares of the Company's common stock issuable under the plan	1,000,000		1,000,000
Amended and Restated Stock and Incentive Plan [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Maximum number of shares of the Company's common stock issuable under the plan	2,500,000		2,500,000

STOCK-BASED COMPENSATION (Summa

STOCK-BASED COMPENSATION (Summary of Stock Option Activity) (Details) - Jun. 30, 2015 - $ / shares	Total
Summary of stock option activity
Number of Stock Options, Outstanding beginning balance	389,269
Weighted Average Exercise Price, Outstanding beginning balance	$ 16.69
Number of Stock Options, Exercised	(25,873)
Weighted Average Exercise Price, Exercised	$ 15.46
Number of Stock Options, Forfeited	(24,267)
Weighted Average Exercise Price, Forfeited	$ 19.86
Number of Stock Options, Outstanding ending balance	339,129
Weighted Average Exercise Price, Outstanding ending balance	$ 16.55
Number of Stock Options, Exercisable	280,799
Weighted Average Exercise Price, Options exercisable	$ 17.18

STOCK-BASED COMPENSATION (Sum79

STOCK-BASED COMPENSATION (Summary of Information Concerning Stock Options) (Details) - Jun. 30, 2015 - USD ($)	Total
Summary of information concerning stock options
Stock Options Vested or Expected to Vest, Stock options	339,151
Stock options, Exercisable	280,799
Stock Options Vested or Expected to Vest, Weighted average remaining contractual life in years	4 years 9 months 26 days
Weighted average remaining contractual life in years, Exercisable	4 years 6 months
Stock Options Vested or Expected to Vest, Weighted average exercise price on shares above water	$ 14.30
Weighted average exercise price on shares above water, Exercisable	$ 14.48
Stock Options Vested or Expected to Vest, Aggregate intrinsic value	$ 2,550,311
Aggregate intrinsic value, Exercisable	$ 1,989,870

STOCK-BASED COMPENSATION (Sum80

STOCK-BASED COMPENSATION (Summary of Nonvested Stock Activity) (Details) - 6 months ended Jun. 30, 2015 - $ / shares	Total
Summary of nonvested stock activity
Number of Shares, beginning balance	287,120
Weighted Average Grant-Date Fair Value, beginning balance	$ 20.07
Number of Shares, Granted	122,995
Weighted Average Grant-Date Fair Value, Granted	$ 22.01
Number of Shares, Net settle for taxes	(10,352)
Weighted Average Grant-Date Fair Value, Net settle for taxes	$ 21.61
Number of Shares, Vested	(30,401)
Weighted Average Grant-Date Fair Value, Vested	$ 16.08
Number of Shares, Forfeited	(12,396)
Weighted Average Grant-Date Fair Value, Forfeited	$ 19.82
Number of Shares, ending balance	356,966
Weighted Average Grant-Date Fair Value, ending balance	$ 21.21

STOCK-BASED COMPENSATION (Estim

STOCK-BASED COMPENSATION (Estimated Unamortized Compensation Expense Recognized in Future) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Estimated unamortized compensation expense recognized in future
For the remaining six months of 2015	$ 1,759
For year ending December 31, 2016	1,965
For year ending December 31, 2017	1,124
For year ending December 31, 2018	496
For year ending December 31, 2019	71
Total	5,415
Stock Options [Member]
Estimated unamortized compensation expense recognized in future
For the remaining six months of 2015	97
For year ending December 31, 2016	120
For year ending December 31, 2017	14
Total	231
Restricted Stock [Member]
Estimated unamortized compensation expense recognized in future
For the remaining six months of 2015	1,662
For year ending December 31, 2016	1,845
For year ending December 31, 2017	1,110
For year ending December 31, 2018	496
For year ending December 31, 2019	71
Total	$ 5,184

EARNINGS PER SHARE (Narrative)

EARNINGS PER SHARE (Narrative) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
EARNINGS PER SHARE [Abstract]
Anti-dilutive stock awards	53,625	160,768	56,151	134,785

EARNINGS PER SHARE (Reconcileme

EARNINGS PER SHARE (Reconcilement of the Denominators of the Basic and Diluted EPS Computations) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Reconcilement of the denominators of the basic and diluted EPS computations
Basic EPS, Net Income Available to Common Stockholders (Numerator)	$ 15,348	$ 14,673	$ 31,049	$ 22,382
Basic EPS, Weighted Average Shares (Denominator)	45,129,000	46,195,000	45,117,000	46,584,000
Basic EPS, Per Share Amount	$ 0.34	$ 0.32	$ 0.69	$ 0.48
Effect of dilutive stock awards, Weighted Average Shares (Denominator)	81,000	102,000	81,000	103,000
Diluted EPS, Net Income Available to Common Stockholders (Numerator)	$ 15,348	$ 14,673	$ 31,049	$ 22,382
Diluted EPS, Weighted Average Common Shares	45,209,814	46,296,870	45,198,727	46,686,592
Diluted EPS, Per Share Amount	$ 0.34	$ 0.32	$ 0.69	$ 0.48

SEGMENT REPORTING DISCLOSURES84

SEGMENT REPORTING DISCLOSURES (Narrative) (Details)	6 Months Ended
	Jun. 30, 2015storesegment	Jun. 30, 2014
Segment Reporting Information [Line Items]
Number of reportable segments	2
Number of retail locations | store	131
Number of subsidiary bank	1
Warehouse Line of Credit [Member] | LIBOR [Member]
Segment Reporting Information [Line Items]
Spread on 3-Month LIBOR	0.15%	1.50%
Mortgage banking segment interest - floor	0.00%	2.00%

SEGMENT REPORTING DISCLOSURES85

SEGMENT REPORTING DISCLOSURES (Information About Reportable Segments and Reconciliation) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Information about reportable segments and reconciliation
Net interest income	$ 63,816	$ 63,715	$ 125,785	$ 127,473
Provision for credit losses	3,749	1,500	5,499	1,500
Net interest income after provision for loan losses	60,067	62,215	120,286	125,973
Noninterest income	16,212	16,280	31,266	30,068
Noninterest expenses	55,241	58,967	109,081	126,252
Income before income taxes	21,038	19,528	42,471	29,789
Income tax expense (benefit)	5,690	4,855	11,422	7,407
Net income	15,348	14,673	31,049	22,382
Total assets	7,497,706	7,306,706	7,497,706	7,306,706	$ 7,358,643
Community Bank [Member]
Information about reportable segments and reconciliation
Net interest income	63,441	63,401	125,164	126,927
Provision for credit losses	3,700	1,500	5,450	1,500
Net interest income after provision for loan losses	59,741	61,901	119,714	125,427
Noninterest income	13,523	13,422	26,371	25,081
Noninterest expenses	52,365	54,841	103,337	117,587
Income before income taxes	20,899	20,482	42,748	32,921
Income tax expense (benefit)	5,646	5,207	11,527	8,557
Net income	15,253	15,275	31,221	24,364
Total assets	7,495,564	7,304,704	7,495,564	7,304,704
Mortgage [Member]
Information about reportable segments and reconciliation
Net interest income	375	314	621	546
Provision for credit losses	49		49
Net interest income after provision for loan losses	326	314	572	546
Noninterest income	2,860	3,028	5,236	5,328
Noninterest expenses	3,047	4,296	6,085	9,006
Income before income taxes	139	(954)	(277)	(3,132)
Income tax expense (benefit)	44	(352)	(105)	(1,150)
Net income	95	(602)	(172)	(1,982)
Total assets	55,563	77,299	55,563	77,299
Eliminations [Member]
Information about reportable segments and reconciliation
Noninterest income	(171)	(170)	(341)	(341)
Noninterest expenses	(171)	(170)	(341)	(341)
Total assets	$ (53,421)	$ (75,297)	$ (53,421)	$ (75,297)