Atlantic Union Bankshares (AUB) 10-K 25 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 19, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Union Bankshares Corp
Entity Central Index Key	883,948
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Public Float			$ 1,026,813,315
Entity Common Stock, Shares Outstanding		44,069,128

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Cash and cash equivalents:
Cash and due from banks		$ 111,323	$ 112,752
Interest-bearing deposits in other banks		29,670	19,345
Federal funds sold		1,667	1,163
Total cash and cash equivalents		142,660	133,260
Securities available for sale, at fair value		903,292	1,102,114
Securities held to maturity, at carrying value	[1]	205,374
Restricted stock, at cost		51,828	54,854
Loans held for sale		36,030	42,519
Loans held for investment, net of deferred fees and costs		5,671,462	5,345,996
Less allowance for loan losses		34,047	32,384
Net loans held for investment		5,637,415	5,313,612
Premises and equipment, net		126,028	135,247
Other real estate owned, net of valuation allowance		15,299	28,118
Core deposit intangibles, net		23,310	31,755
Goodwill		293,522	293,522
Bank owned life insurance		173,687	139,005
Other assets		84,846	84,637
Total assets		7,693,291	7,358,643
LIABILITIES
Noninterest-bearing demand deposits		1,372,937	1,199,378
Interest-bearing deposits		4,590,999	4,439,392
Total deposits		5,963,936	5,638,770
Securities sold under agreements to repurchase		84,977	44,393
Other short-term borrowings		304,000	343,000
Long-term borrowings		291,198	299,542
Other liabilities		53,813	55,769
Total liabilities		$ 6,697,924	$ 6,381,474
Commitments and contingencies (Note 9)
STOCKHOLDERS' EQUITY
Common stock, $1.33 par value, shares authorized 100,000,000; issued and outstanding, 44,785,674 shares and 45,162,853 shares, respectively.		$ 59,159	$ 59,795
Additional paid-in capital		631,822	643,443
Retained earnings		298,134	261,676
Accumulated other comprehensive income		6,252	12,255
Total stockholders' equity		995,367	977,169
Total liabilities and stockholders' equity		$ 7,693,291	$ 7,358,643
[1]	The carrying value includes $6.8 million of net unrealized gains present at the time of transfer from available for securities, net of any accretion.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Condensed 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	44,785,674	45,162,853
Common stock, shares outstanding	44,785,674	45,162,853

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Interest and dividend income:
Interest and fees on loans	$ 247,587,000	$ 246,366,000	$ 155,548,000
Interest on deposits in other banks	94,000	60,000	17,000
Interest and dividends on securities:
Taxable	15,606,000	15,226,000	8,202,000
Nontaxable	13,484,000	13,293,000	8,360,000
Total interest and dividend income	276,771,000	274,945,000	172,127,000
Interest expense:
Interest on deposits	15,553,000	11,034,000	14,097,000
Interest on federal funds purchased	6,000	50,000	89,000
Interest on short-term borrowings	938,000	516,000	265,000
Interest on long-term borrowings	8,440,000	8,327,000	6,050,000
Total interest expense	24,937,000	19,927,000	20,501,000
Net interest income	251,834,000	255,018,000	151,626,000
Provision for credit losses	9,571,000	7,800,000	6,056,000
Net interest income after provision for credit losses	242,263,000	247,218,000	145,570,000
Noninterest income:
Service charges on deposit accounts	18,904,000	17,721,000	9,492,000
Other service charges, commissions and fees	15,575,000	14,983,000	8,607,000
Fiduciary and asset management fees	9,141,000	9,036,000	5,183,000
Mortgage banking income, net	9,767,000	9,707,000	11,900,000
Gains on securities transactions, net	1,486,000	1,695,000	21,000
Other-than-temporary impairment losses	(300,000)
Bank owned life insurance income	4,593,000	4,648,000	2,311,000
Other operating income	5,841,000	3,497,000	1,214,000
Total noninterest income	65,007,000	61,287,000	38,728,000
Noninterest expenses:
Salaries and benefits	104,192,000	107,804,000	70,369,000
Occupancy expenses	20,053,000	20,136,000	11,543,000
Furniture and equipment expenses	11,674,000	11,872,000	6,884,000
Printing, postage, and supplies	5,124,000	4,924,000	2,970,000
Communications expense	4,634,000	4,902,000	2,681,000
Technology and data processing	13,667,000	12,465,000	7,754,000
Professional services	6,309,000	5,594,000	3,419,000
Marketing and advertising expense	7,215,000	6,406,000	4,312,000
FDIC assessment premiums and other insurance	5,376,000	6,125,000	3,110,000
Other taxes	6,227,000	5,784,000	3,181,000
Loan-related expenses	2,819,000	2,672,000	2,447,000
OREO and credit-related expenses	8,911,000	10,164,000	4,880,000
Amortization of intangible assets	8,445,000	9,795,000	3,831,000
Training and other personnel costs	3,675,000	2,893,000	2,062,000
Acquisition and conversion costs		20,345,000	2,132,000
Other expenses	8,561,000	6,335,000	5,472,000
Total noninterest expenses	216,882,000	238,216,000	137,047,000
Income before income taxes	90,388,000	70,289,000	47,251,000
Income tax expense	23,309,000	18,125,000	12,885,000
Net income	$ 67,079,000	$ 52,164,000	$ 34,366,000
Earnings per common share, basic	$ 1.49	$ 1.13	$ 1.38
Earnings per common share, diluted	1.49	1.13	1.37
Dividends declared per common share	$ 0.68	$ 0.58	$ 0.54
Basic weighted average number of common shares outstanding	45,054,938	46,036,023	24,975,077
Diluted weighted average number of common shares outstanding	45,138,891	46,130,895	25,030,711

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 67,079	$ 52,164	$ 34,366
Other comprehensive income (loss):
Change in fair value of cash flow hedges	(1,394)	(2,393)	583
Reclassification adjustment for losses (gains) included in net income (net of tax, $335, $318 and $281 for the years ended December 31, 2015, 2014, and 2013, respectively)	621	591	524
Unrealized (losses) gains on securities:
Unrealized holding gains (losses) arising during period (net of tax, $1,960, $9,202 and $7,198 for the years ended December 31, 2015, 2014, and 2013, respectively)	(3,640)	17,089	(13,367)
Reclassification adjustment for losses (gains) included in net income (net of tax, $415, $453 and $7 for the years ended December 31, 2015, 2014, and 2013, respectively)	(771)	$ (842)	$ (14)
Accretion of unrealized gain for AFS securities transferred to HTM (net of tax, $441, $0 and $0 for the years ended December 31, 2015, 2014 and 2013, respectively)	(819)
Other comprehensive income (loss)	(6,003)	$ 14,445	$ (12,274)
Comprehensive income	$ 61,076	$ 66,609	$ 22,092

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Consolidated Statements of Comprehensive Income [Abstract]
Tax expense (benefit) related to reclassification adjustment for losses included in net income	$ (335)	$ (318)	$ (281)
Tax expense (benefit) related to unrealized holding (losses) gains arising during period	1,960	(9,202)	7,198
Tax expense (benefit) related to (gains) losses on the sale of securities	415	453	7
Tax expense (benefit) related to (gains) losses for AFS securities transferred to HTM	$ (441)	$ 0	$ 0

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]		Accumulated Other Comprehensive Income (Loss) [Member]	Total
Cumulative impact resulting from the adoption of ASU-2014-01			$ 299,000
Balance at Dec. 31, 2012	$ 33,510,000	$ 176,635,000	215,335,000	[1]	$ 10,084,000	$ 435,564,000
Net income			34,366,000	[1]		34,366,000
Other comprehensive income (loss), (net of taxes)					(12,274,000)	(12,274,000)
Dividends on common stock			(12,535,000)	[1]		(12,535,000)
Stock purchased under stock repurchase program	(664,000)	(8,835,000)				(9,499,000)
Issuance of common stock under Dividend Reinvestment Plan	63,000	893,000	(956,000)	[1]
Issuance of common stock under Equity Compensation Plans	67,000	860,000				927,000
Issuance of common stock for services rendered	25,000	452,000				477,000
Vesting of restricted stock under Equity Compensation Plan	26,000	(26,000)
Net settle for taxes on Restricted Stock Awards	(7,000)	(98,000)				(105,000)
Stock-based compensation expense		889,000				889,000
Balance at Dec. 31, 2013	33,020,000	170,770,000	236,210,000	[1]	(2,190,000)	437,810,000
Cumulative impact resulting from the adoption of ASU-2014-01			429,000
Net income			52,164,000	[1]		52,164,000
Other comprehensive income (loss), (net of taxes)					14,445,000	14,445,000
Issuance of common stock in regard to acquisition	29,457,000	520,066,000				549,523,000
Dividends on common stock			(25,494,000)	[1]		(25,494,000)
Stock purchased under stock repurchase program	(2,826,000)	(49,773,000)				(52,599,000)
Issuance of common stock under Dividend Reinvestment Plan	69,000	1,135,000	(1,204,000)	[1]
Issuance of common stock under Equity Compensation Plans	100,000	1,130,000				1,230,000
Issuance of common stock for services rendered	39,000	674,000				713,000
Vesting of restricted stock under Equity Compensation Plan	22,000	(22,000)
Net settle for taxes on Restricted Stock Awards	(86,000)	(1,516,000)				(1,602,000)
Stock-based compensation expense		979,000				979,000
Balance at Dec. 31, 2014	59,795,000	643,443,000	261,676,000	[1]	12,255,000	977,169,000
Cumulative impact resulting from the adoption of ASU-2014-01			856,000
Net income			67,079,000	[1]		67,079,000
Other comprehensive income (loss), (net of taxes)					(6,003,000)	(6,003,000)
Dividends on common stock			(29,082,000)	[1]		(29,082,000)
Stock purchased under stock repurchase program	(889,000)	(15,371,000)				(16,260,000)
Issuance of common stock under Dividend Reinvestment Plan	93,000	1,446,000	(1,539,000)	[1]
Issuance of common stock under Equity Compensation Plans	80,000	848,000				928,000
Issuance of common stock for services rendered	32,000	532,000				564,000
Vesting of restricted stock under Equity Compensation Plan	72,000	(72,000)
Net settle for taxes on Restricted Stock Awards	(24,000)	(392,000)				(416,000)
Stock-based compensation expense		1,388,000				1,388,000
Balance at Dec. 31, 2015	$ 59,159,000	$ 631,822,000	$ 298,134,000	[1]	$ 6,252,000	$ 995,367,000
[1]	Retained earnings as of December 31, 2012, 2013, and 2014 includes the cumulative impact of $299,000, $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 "Summary of Significant Accounting Policies" for additional information.

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Dividends on common stock, per share	$ 0.68	$ 0.58	$ 0.54
Common Stock [Member]
Issuance of Common Stock in regard to acquisition, shares		22,147,874
Stock purchased under stock repurchase plan, shares	668,522	2,125,264	500,000
Issuance of common stock under Dividend Reinvestment Plan, shares	69,628	52,252	47,598
Vesting of restricted stock under Equity Compensation Plan, shares	54,469	16,582	19,763
Issuance of common stock under Equity Compensation Plan , shares	60,637	75,282	50,119
Issuance of common stock for services rendered, shares	23,800	30,057	18,815
Net settle for taxes on Restricted Stock Awards, shares	18,096	64,536	5,059
Retained Earnings [Member]
Dividends on common stock, per share	$ 0.68	$ 0.58	$ 0.54
Accumulated Other Comprehensive Income (Loss) [Member]
Other comprehensive income (loss), tax	$ 2,481	$ 9,067	$ 7,205

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating activities:
Net income	$ 67,079,000	$ 52,164,000	$ 34,366,000
Adjustments to reconcile net income to net cash and cash equivalents provided by (used in) operating activities
Depreciation of premises and equipment	10,776,000	10,742,000	6,024,000
Writedown of OREO	6,002,000	7,646,000	791,000
Other-than-temporary impairment losses	300,000
Amortization, net	13,120,000	14,550,000	12,315,000
Amortization (accretion) related to acquisition, net	1,823,000	(255,000)	1,585,000
Provision for credit losses	9,571,000	7,800,000	6,056,000
Losses (gains) on securities transactions, net	(1,486,000)	(1,695,000)	(21,000)
Deferred tax expense (benefit)	(1,212,000)	2,644,000	262,000
(Increase) decrease in loans held for sale, net	6,489,000	21,530,000	114,513,000
Losses (gains) on sales of other real estate owned, net	(260,000)	(1,381,000)	461,000
Losses (gains) on sales of premises, net	89,000	184,000	340,000
Gains on sale of loans held for investment	(470,000)
Stock-based compensation expenses	1,388,000	979,000	889,000
Issuance of common stock for services	564,000	713,000	477,000
Net decrease (increase) in other assets	(1,901,000)	5,248,000	(27,377,000)
Net increase (decrease) in other liabilities	(3,029,000)	4,315,000	6,348,000
Net cash and cash equivalents provided by (used in) operating activities	108,843,000	125,184,000	157,029,000
Investing activities:
Purchases of securities available for sale	(259,761,000)	(411,916,000)	(300,324,000)
Purchases of securities held to maturity	(9,830,000)
Proceeds from sales of securities available for sale	101,154,000	289,389,000	43,354,000
Proceeds from maturities, calls and paydowns of securities available for sale	142,644,000	143,656,000	129,942,000
Proceeds from maturities, calls and paydowns of securities held to maturity	3,680,000
Net decrease (increase) in loans	(356,300,000)	(74,753,000)	(91,911,000)
Proceeds from sale of loans held for investment	27,351,000
Net decrease (increase) in premises and equipment	(3,870,000)	(7,124,000)	(4,759,000)
Proceeds from sales of other real estate owned	10,309,000	17,808,000	7,569,000
Improvements to other real estate owned	(308,000)	(686,000)	(561,000)
Purchases of BOLI policies	(30,000,000)
Cash paid for equity-method investments	(355,000)	(60,000)	(2,000,000)
Cash acquired in bank acquisitions		49,989,000
Net cash and cash equivalents provided by (used in) investing activities	(375,286,000)	6,303,000	(218,690,000)
Financing activities:
Net increase (decrease) in noninterest-bearing deposits	173,559,000	95,664,000	45,773,000
Net increase (decrease) in interest-bearing deposits	153,450,000	(164,696,000)	(106,698,000)
Net increase (decrease) in short-term borrowings	1,584,000	74,211,000	131,685,000
Net increase (decrease) in long-term borrowings	(7,920,000)	2,036,000	2,234,000
Cash dividends paid - common stock	(29,082,000)	(25,494,000)	(12,535,000)
Repurchase of common stock	(16,260,000)	(52,599,000)	(9,499,000)
Issuance of common stock	928,000	1,230,000	927,000
Taxes paid related to net share settlement of equity awards	(416,000)	(1,602,000)	(105,000)
Net cash and cash equivalents provided by (used in) financing activities	275,843,000	(71,250,000)	51,782,000
Increase (decrease) in cash and cash equivalents	9,400,000	60,237,000	(9,879,000)
Cash and cash equivalents at beginning of the period	133,260,000	73,023,000	82,902,000
Cash and cash equivalents at end of the period	142,660,000	133,260,000	73,023,000
Cash payments for:
Interest	27,526,000	28,394,000	21,013,000
Income taxes	21,400,000	17,500,000	11,500,000
Supplemental schedule of noncash investing and financing activities
Unrealized losses (gains) on securities available for sale	(6,786,000)	24,996,000	(20,586,000)
Transfer from securities available for sale to securities held to maturity	201,822,000
Changes in fair value of interest rate swap loss	(773,000)	(2,773,000)	1,107,000
Transfers between loans and other real estate owned	700,000	2,141,000	8,553,000
Transfers from bank premises to other real estate owned	$ 2,224,000	10,929,000	$ 989,000
Issuance of common stock in exchange for net assets in acquisition		549,523,000
Transactions Related to Bank Acquisitions
Assets acquired		2,957,521,000
Liabilities assumed		$ 2,642,120,000

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Effective April 25, 2014, the Company changed its corporate name from “Union First Market Bankshares Corporation” to “Union Bankshares Corporation.” The name change was approved at the Company’s annual meeting of shareholders held April 22, 2014. Effective February 16, 2015, the Company changed its subsidiary bank’s name from “Union First Market Bank” to “Union Bank & Trust.” The accounting policies and practices of Union Bankshares Corporation and subsidiaries conform to GAAP and follow general practices within the banking industry. Major policies and practices are described below. Nature of Operations - Union Bankshares Corporation is a financial holding company and a bank holding company headquartered in Richmond, Virginia and committed to the delivery of financial services through its community bank subsidiary Union Bank & Trust and three non-bank financial services affiliates: Union Mortgage Group, Inc., providing a variety of mortgage products, Union Investment Services, Inc., providing securities, brokerage and investment advisory services, and Union Insurance Group, LLC, an insurance agency, which operates in a joint venture with Bankers Insurance, LLC, a large insurance agency owned by community banks across Virginia and managed by the Virginia Bankers Association. Principles of Consolidation - The consolidated financial statements include the accounts of the Company, which is a financial holding company and a bank holding company that owns all of the outstanding common stock of its banking subsidiary, Union Bank & Trust and of Union Investment Services, Inc. Union Mortgage Group, Inc. is a wholly owned sub sidiary of Union Bank & Trust. The Company’s Statutory Trusts I and II, wholly owned subsidiaries of the Company, were formed for the purpose of issuing redeemable trust preferred capital notes in connection with two of the Company’s acquisitions prior to 2006. ASC 860, Transfers and Servicing , precludes the Company from consolidating Statutory Trusts I and II. The subordinated debts payable to the trusts are reported as liabilities of the Company. All significant inter-company balances and transactions have been eliminated. Variable Interest Entities - Current accounting guidance states that if a business enterprise is the primary beneficiary of a variable interest entity, the assets, liabilities, and results of the activities of the variable interest entity should be included in the consolidated financial statements of the business enterprise. This interpretation explains how to identify variable interest entities and how an enterprise assesses its interest in a variable interest entity to decide whether to consolidate the entity. It also requires existing unconsolidated variable interest entities to be consolidated by their primary beneficiaries if the entities do not effectively disperse risks among parties involved. Variable interest entities that effectively disperse risks will not be consolidated unless a single party holds an interest or combination of interests that effectively recombines risks that were previously dispersed. Management has evaluated the Company’s investment in variable interest entities. The Company’s primary exposure to variable interest entities are the trust preferred securities structures. This accounting guidance has not had a material impact on the financial condition or operating results of the Company . Use of Estimates - The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of goodwill and intangible assets, other real estate owned, deferred tax assets and liabilities, other-than-temporary impairment of securities, and the fair value of financial instruments. Business Combinations - Business combinations are accounted for under ASC 805, Business Combinations , using the acquisition method of accounting. The acquisition method of accounting requires an acquirer to recognize the assets acquired and the liabilities assumed at the acquisition date measured at their fair values as of that date. To determine the fair values, the Company utilizes third party valuations, appraisals, and internal valuations based on discounted cash flow analyses or other valuation techniques. Under the acquisition method of accounting, the Company will identify the acquiree and the closing date and apply applicable recognition principles and conditions. If they are necessary to implement its plan to exit an activity of an acquiree, costs that the Company expects, but is not obligated, to incur in the future are not liabilities at the acquisition date, nor are costs to terminate the employment or relocate an acquiree’s employees. The Company does not recognize these costs as part of applying the acquisition method. Instead, the Company recognizes these costs as expenses in its post-combination financial statements in accordance with other applicable GAAP. Acquisition-related costs are costs the Company incurs to effect a business combination. Those costs include advisory, legal, accounting, valuation, and other professional or consulting fees. Some other examples of costs to the Company include systems conversions, integration planning consultants, and advertising costs. The Company will account for acquisition-related costs as expenses in the periods in which the costs are incurred and the services are received, with one exception. The costs to issue debt or equity securities will be recognized in accordance with other applicable accounting guidance. These acquisition-related costs are included within the Company’s Consolidated Statements of Income classified within the noninterest expense caption. On January 1, 2014, the Company completed the acquisition of StellarOne, a bank holding company based in Charlottesville, Virginia, in an all-stock transaction. Additional information on this acquisition is disclosed in Note 2 “Acquisitions.” Cash and Cash Equivalents - For purposes of reporting cash flows, the Company defines cash and cash equivalents as cash, cash due from banks, interest-bearing deposits in other banks, money market investments, other interest-bearing deposits, and federal funds sold. Investment Securities - Securities classified as available for sale are those debt and equity securities that management intends to hold for an indefinite period of time, including securities used as part of the Company’s asset/liability strategy, and that may be sold in response to changes in interest rates, liquidity needs, or other similar factors. Securities available for sale are reported at fair value, with unrealized gains or losses, net of deferred taxes, included in accumulated other comprehensive income in stockholders’ equity. Debt securities that the Company has the positive intent and ability to hold to maturity are classified as held to maturity and reported at amortized cost. Transfers of debt securities into the held to maturity category from the available for sale category are made at fair value at the date of transfer. The unrealized holding gain or loss at the date of transfer is retained in other comprehensive income and in the carrying value of the held to maturity securities. Such amounts are amortized over the remaining life of the security. Securities classified as held for trading are those debt and equity securities that are bought and held principally for the purpose of selling them in the near term and are reported at fair value, with unrealized gains and losses included in earnings. The Company has no securities in this category. Purchased premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Declines in the fair value of held to maturity and available for sale securities below their cost that are deemed to be other than temporary are reflected in earnings as realized losses. In estimating OTTI losses, 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. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. Due to restrictions placed upon the Company’s common stock investments 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. The FHLB required the Bank to maintain stock in an amount equal to 4.25% and 4.5% of outstanding borrowings and a specific percentage of the member’s total assets at December 31, 2015 and 2014, respectively . The Federal Reserve Bank requires the Company to maintain stock with a par value equal to 6% of its outstanding capital. Loans Held for Sale - For loans originated prior to 2015, l oans originated and intended for sale in the secondary market are sold, servicing released, and carried at the lower of cost or estimated fair value, which is determined in the aggregate based on sales commitments to permanent investors or on current market rates for loans of similar quality and type. During 2015, the Company transitioned from the lower of cost or estimate fair value method and elected the fair value option for loans held for sale. For further information regarding the fair value method and assumptions, refer to Note 13 “Fair Value Measurements.” In addition, the Company requires a firm purchase commitment from a permanent investor before a loan can be closed, thus limiting interest rate risk. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. The change in fair value of LHFS is recorded as a component of “ M ortgage banking income , net” with in the Company’s C onsolidated Statements of I ncome . Loans - The Company originates commercial and consumer loans to customers. A substantial portion of the loan portfolio is represented by commercial and residential real estate loans (including acquisition and development loans and residential construction loans) throughout its market area. The ability of the Company’s debtors to honor their contracts is dependent upon the real estate and general economic conditions in those markets. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid principal balances adjusted for any charge-offs, the allowance for loan losses, and any deferred fees or costs on originated loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loan yield using the interest method. The Company has two loan portfolio level segments and fourteen loan class levels for reporting purposes. The two loan portfolio level segments are commercial and consumer. Within the commercial loan portfolio segment there are seven loan classes for reporting purposes: 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, and other commercial. Commercial construction loans are generally made to commercial and residential builders for specific construction projects. The successful repayment of these types of loans is generally dependent upon (a) a pre-planned commitment for permanent financing from the Company or another lender, or (b) from the sale of the constructed property. These loans carry more risk than both types of commercial real estate term loans due to the dynamics of construction projects, changes in interest rates, the long-term financing market, and state and local government regulations. As in commercial real estate term lending, the Company manages risk by using specific underwriting policies and procedures for these types of loans and by avoiding concentrations to any one business or industry. Commercial real estate – owner occupied loans are term loans made to support owner occupied real estate properties that rely upon the successful operation of the business occupying the property for repayment. General market conditions and economic activity may affect these types of loans. In addition to using specific underwriting policies and procedures for these types of loans, the Company manages risk by avoiding concentrations to any one business or industry. Commercial real estate – non-owner occupied loans are term loans typically made to borrowers to support income producing properties that rely upon the successful operation of the property for repayment. General market conditions and economic activity may impact the performance of these types of loans. In addition to using specific underwriting policies and procedures for these types of loans, the Company manages risk by diversifying the lending to various lines of businesses, such as retail, office, multi-family, office warehouse, and hotel as well as avoiding concentrations to any one business or industry. Raw land and lot loans are loans generally made to residential home builders to support their land and lot inventory needs. Repayment relies upon the successful performance of the underlying residential real estate project. This type of lending carries a higher level of risk as compared to other commercial lending. This class of lending manages risks related to residential real estate market conditions, a functioning first and secondary market in which to sell residential properties, and the borrower’s ability to manage inventory and run projects. The Company manages this risk by lending to experienced builders and developers, by using specific underwriting policies and procedures for these types of loans, and by avoiding concentrations with any particular customer or geographic region. Single family investment real estate loans are term loans made to real estate investors to support permanent financing for single family residential income producing properties that rely on the successful operation of the property for repayment. This management mainly involves property maintenance and collection of rents due from tenants. This type of lending carries a lower level of risk as compared to other commercial lending. The Company manages this risk by avoiding concentrations with any particular customer or geographic region. Commercial and industrial loans generally support the Company’s borrowers need for equipment/vehicle purchases and other short-term or seasonal cash flow needs. Repayment relies upon the successful operation of the business. This type of lending carries a lower level of commercial credit risk as compared to other commercial lending within this segment of lending. The Company manages this risk by using general underwriting policies and procedures for these types of loans and by avoiding concentrations to any one business or industry. Other commercial loans generally support small business lines of credit and agricultural lending neither of which are a material source of business for the Company. The consumer loan portfolio segment is comprised of seven classes; mortgage, consumer construction, indirect auto, indirect marine, HELOCs, credit card, and other consumer. These are generally small loans spread across many borrowers, supported by computer-based loan approval systems and business line policies and procedures that aid in managing risk. The Company’s consumer portfolio consists principally of loans secured by real estate, followed by indirect auto lending and indirect marine lending. The Company manages the unique risks related to consumer construction to acceptable levels through certain policies and procedures, such as limiting loan-to-value ratios at loan origination, requiring standards for appraisers, and not making subprime loans under any circumstances. The indirect auto lending generally carries certain risks associated with the values of the collateral that management must mitigate. The Company focuses its indirect auto lending on one to two year old used vehicles where substantial depreciation has already occurred thereby minimizing the risk of significant loss of collateral values in the future. This type of lending places reliance on computer-based loan approval systems to supplement other underwriting standards. The indirect marine lending is to borrowers that are well qualified with ample capacity to repay and typically lends against large marine vessels (i.e., yachts). Risks in this class of lending are generally related to the borrower’s ability to guard against the effects of economic downturns or sustained levels of unemployment. This type of lending places reliance on computer-based loan approval systems to supplement other underwriting standards. The Company’s mortgage loan and HELOC portfolios carry risks associated with the creditworthiness of the borrower and changes in loan-to-value ratios. The Company manages these risks through policies and procedures such as limiting loan-to-value ratios at origination, experienced underwriting, requiring standards for appraisers, and not making subprime loans. The credit card and other consumer portfolios carry risks associated with the creditworthiness of the borrower and changes in the economic environment. The Company manages these risks through policies and procedures such as experienced underwriting, maximum debt to income ratios, and minimum borrower credit scores. Nonaccruals, Past Dues, and Charge-offs The policy for placing commercial loans on nonaccrual status is generally when the loan is 90 days delinquent unless the credit is well secured and in process of collection but, in any event, no later than 180 days past due. Consumer loans are typically charged-off when management judges the loan to be uncollectible or the borrower files for bankruptcy but no later than 120 days past due and generally not placed on nonaccrual status prior to charge off. Commercial loans are typically written down to net realizable value when it is determined that the Company will be unable to collect the principal amount in full and the amount is a confirmed loss, in any event no later than 180 days past due. All classes of loans are considered past due or delinquent when a contractual payment has not been satisfied. In all cases, loans are placed on nonaccrual status or charged off at an earlier date if collection of principal and interest is considered doubtful and in accordance with regulatory requirements. The process for charge-offs of impaired collateral dependent loans is discussed in detail within the “Allowance for Loan Losses” section of this Note. For both the commercial and consumer loan segments, all interest accrued but not collected for loans placed on nonaccrual status or charged-off is reversed against interest income and accrual of interest income is terminated. Payments and interest on these loans are accounted for using the cost-recovery method by applying all payments received as a reduction to the outstanding principal balance until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. The determination of future payments being reasonably assured varies depending on the circumstances present with the loan; however, the timely payment of contractual amounts owed for six consecutive months is a primary indicator. In addition, the return of a loan to accrual status is considered and approved by the Company’s Special Assets Loan Committee. Allowance for Loan Losses The provision for loan losses charged to operations is an amount sufficient to bring the allowance for loan losses to an estimated balance that management considers adequate to absorb probable losses inherent in the portfolio. Loans are charged against the allowance when management believes the collectability of the principal is unlikely. Recoveries of amounts previously charged-off are credited to the allowance. Management’s determination of the adequacy of the allowance is based on an evaluation of the composition of the loan portfolio, the value and adequacy of collateral, current economic conditions, historical loan loss experience, and other risk factors. Management believes that the allowance for loan losses is adequate. While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in economic conditions, particularly those affecting real estate values. In addition, regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses. Such agencies may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination. The Company performs regular credit reviews of the loan portfolio to review the credit quality and adherence to its underwriting standards. The credit reviews consist of reviews by its Loan Review group and reviews performed by an independent third party. Upon origination, each commercial loan is assigned a risk rating ranging from one to nine , with loans closer to one having less risk. This risk rating scale is the Company’s primary credit quality indicator. Consumer loans are generally not risk rated; the primary credit quality indicator for this portfolio segment is delinquency status. The Company has various committees that review and ensure that the allowance for loan losses methodology is in accordance with GAAP and loss factors used appropriately reflect the risk characteristics of the loan portfolio. The Company’s ALL consists of specific, general, and qualitative components. Specific Reserve Component - The specific reserve component relates to impaired loans. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Upon being identified as impaired, for loans not considered to be collateral dependent, an allowance is established when the discounted cash flows of the impaired loan are lower than the carrying value of that loan. The impairment of collateral dependent loans is measured based on the fair value of the underlying collateral (based on independent appraisals), less selling costs, compared to the carrying value of the loan. If the Company determines that the value of an impaired collateral dependent loan is less than the recorded investment in the loan, it either recognizes an impairment reserve as a specific component to be provided for in the allowance for loan losses or charges off the deficiency if it is determined that such amount represents a confirmed loss. Typically, a loss is confirmed when the Company is moving towards foreclosure (or final disposition) of the underlying collateral, the collateral deficiency has not improved for two consecutive quarters, or when there is a payment default of 180 days, whichever occurs first. The Company obtains independent appraisals from a pre-approved list of independent, third party appraisal firms located in the market in which the collateral is located. The Company’s approved appraiser list is continuously maintained to ensure the list only includes such appraisers that have the experience, reputation, character, and knowledge of the respective real estate market. At a minimum, it is ascertained that the appraiser is currently licensed in the state in which the property is located, experienced in the appraisal of properties similar to the property being appraised, has knowledge of current real estate market conditions and financing trends, and is reputable. The Company’s internal Real Estate Valuation Group, which reports to the Risk and Compliance Group, performs either a technical or administrative review of all appraisals obtained. A technical review will ensure the overall quality of the appraisal, while an administrative review ensures that all of the required components of an appraisal are present. Generally, independent appraisals are updated every 12 to 24 months or as necessary. The Company’s impairment analysis documents the date of the appraisal used in the analysis, whether the officer preparing the report deems it current, and, if not, allows for internal valuation adjustments with justification. Adjustments to appraisals generally include discounts for continued market deterioration subsequent to the appraisal date. Any adjustments from the appraised value to carrying value are documented in the impairment analysis, which is reviewed and approved by senior credit administration officers and the Special Assets Loan Committee. External appraisals are the primary source to value collateral dependent loans; however, the Company may also utilize values obtained through broker price opinions or other valuation sources. These alternative sources of value are used only if deemed to be more representative of value based on updated information regarding collateral resolution. Impairment analyses are updated, reviewed, and approved on a quarterly basis at or near the end of each reporting period. General Reserve Component - The general reserve component covers non-impaired loans and is quantitatively derived from an estimate of credit losses adjusted for various environmental factors applicable to both commercial and consumer loan segments. The estimate of credit losses is a function of the product of net charge-off historical loss experience to the loan balance of the loan portfolio averaged during the preceding twelve quarters, as management has determined this to adequately reflect the losses inherent in the loan portfolio. The qualitative environmental factors consist of national, local, and portfolio characteristics and are applied to both the commercial and consumer segments. The following table shows the types of environmental factors management considers: ENVIRONMENTAL FACTORS Portfolio National Local Experience and ability of lending team Interest rates Level of economic activity Depth of lending team Inflation Unemployment Pace of loan growth Unemployment Competition Franchise expansion Gross domestic product Military/government impact Execution of loan risk rating process General market risk and other concerns Degree of oversight / underwriting standards Legislative and regulatory environment Value of real estate serving as collateral Delinquency levels in portfolio Charge-off levels in portfolio Credit concentrations / nature and volume of the portfolio Impaired Loans A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. The impairment loan policy is the same for each of the seven classes within the commercial portfolio segment. For the consumer loan portfolio segment, large groups of smaller balance homogeneous loans are collectively evaluated for impairment. This evaluation subjects each of the Company’s homogenous pools to a historical loss factor derived from net charge-offs experienced over the preceding twelve quarters. The Company applies payments received on impaired loans to principal and interest based on the contractual terms until they are placed on nonaccrual status. All payments received are then applied to reduce the principal balance and recognition of interest income is terminated as previously discussed. Acquired Loans – Acquired loans are recorded at their fair value at acquisition date without carryover of the acquiree’s previously established allowance for loan losses, as credit discounts are included in the determination of fair value. The fair value of the loans is determined using market participant assumptions in estimating the amount and timing of both principal and interest cash flows expected to be collected on the loans and then applying a market-based discount rate to those cash flows. During evaluation upon acquisition, acquired loans are also classified as either acquired impaired (or PCI) or acquired performing. Acquired impaired loans reflect credit quality deterioration since origination; it is probable at acquisition that the Company will not be able to collect all contractually required payments. These PCI loans are accounted for under ASC 310-30, Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality . The PCI loans are segregated into pools based on loan type and credit risk. Loan type is determined based on collateral type, purpose, and lien position. Credit risk characteristics include risk rating groups, nonaccrual status, and past due status. For valuation purposes, these pools are further disaggregated by maturity, pricing characteristic, and re-payment structure. PCI loans are written down at acquisition to fair value using an estimate of cash flows deemed to be collectible. Accordingly, such loans are no longer classified as nonaccrual even though they may be contractually past due because the Company expects to fully collect the new carrying values of such loans, which is the new cost basis arising from purchase accounting. A loan will be removed from a pool (at its carrying value) only if the loan is sold, foreclosed, or assets are received in full satisfaction of the loan. For purposes of removing the loan from the pool, the carrying value is deemed to equal the amount of principal cash flows received in lieu of the loan balance. This treatment ensures that the percentage yield calculation used to recognize accretable yield on the pool of loans is not affected. The future expected cash flows of PCI loans are periodically updated through reassessment of default rates, loss severity, and prepayment speed assumptions. The excess of the cash flows expected to be collected over a pool’s carrying value is considered to be the accretable yield and is recognized as interest income over the estimated life of the loan or pool using the effective yield method. The accretable yield may change due to changes in the timing and amounts of expected cash flows; these changes are disclosed in Note 4 “Loans and Allowance for Loan Losses.” The excess of the undiscounted contractual balances due over the cash flows expected to be collected is considered to be the nonaccretable difference, which represents the est

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Dec. 31, 2015
ACQUISITIONS [Abstract]
ACQUISITIONS	2. ACQUISITIONS 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. 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. The Company did not complete any acquisitions of businesses in 2015. The StellarOne transaction was accounted for using the acquisition method of accounting and, accordingly, assets acquired, liabilities assumed, and consideration exchanged were recorded at estimated fair values on the acquisition date. The following table provides an assessment of the assets purchased, liabilities assumed, and the consideration transferred (dollars in thousands, except share and per share data): Statement of Net Assets Acquired (at fair value) and consideration transferred: Fair value of assets acquired: Cash and cash equivalents $ 49,989 Securities available for sale 460,892 Loans held for sale 11,377 Loans 2,238,981 Bank premises and equipment 67,164 OREO 4,319 Core deposit intangible 29,570 Other assets 95,229 Total assets $ 2,957,521 Fair value of liabilities assumed: Deposits $ 2,479,874 Short-term borrowings 49,227 Long-term borrowings 98,697 Other liabilities 14,322 Total liabilities $ 2,642,120 Net identifiable assets acquired $ 315,401 Goodwill (1) 234,122 Net assets acquired $ 549,523 Consideration : Company's common shares issued 22,147,874 Purchase price per share of the Company's common stock (2) $ 24.81 Value of Company common stock issued $ 549,489 Value of stock options outstanding 34 Fair value of total consideration transferred $ 549,523 (1) - No goodwill is expected to be deductible for federal income tax purposes. The goodwill was primarily allocated to the community bank segment. (2) - The value of the shares of common stock exchanged with StellarOne shareholders was based upon the closing price of the Company's common stock at December 31, 2013, the last trading day prior to the date of acquisition. Fair values of the major categories of assets acquired and liabilities assumed were determined as follows: Loans The acquired loans were recorded at fair value at the acquisition date without carryover of StellarOne’s previously established allowance for loan losses. The fair value of the loans was determined using market participant assumptions in estimating the amount and timing of both principal and interest cash flows expected to be collected on the loans and then applying a market-based discount rate to those cash flows. In this regard, the acquired loans were segregated into pools based on loan type and credit risk. Loan type was determined based on collateral type, purpose, and lien position. Credit risk characteristics included risk rating groups (pass rated loans and adversely classified loans), nonaccrual status, and past due status. For valuation purposes, these pools were further disaggregated by maturity, pricing characteristics (e.g., fixed-rate, adjustable-rate), and re-payment structure (e.g., interest only, fully amortizing, balloon). The acquired loans were divided into loans with evidence of credit quality deterioration, which are accounted for under ASC 310-30, Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality (acquired impaired or PCI), and loans that do not meet this criteria, which are accounted for under ASC 310-20, Receivables – Nonrefundable Fees and Other Costs (acquired performing). The fair values of the acquired performing loans were $2.1 billion and the fair values of the acquired impaired loans were $145.5 million. The gross contractually required principal and interest payments receivable for acquired performing loans was $2.5 billion. The best estimate of contractual cash flows not expected to be collected related to the acquired performing loans is $35.4 million. The following table presents the acquired impaired loans receivable at the acquisition date (dollars in thousands): Contractually required principal and interest payments $ 214,803 Nonaccretable difference (34,696) Cash flows expected to be collected 180,107 Accretable difference (34,653) Fair value of loans acquired with a deterioration of credit quality $ 145,454 Bank Premises The fair value of StellarOne’s premises, including land, buildings, and improvements, was determined based upon independent third party appraisals performed by licensed appraisers in the market in which the premises are located. These appraisals were based upon the highest and best use of the underlying asset(s) with final values determined based upon an analysis of the cost, sales comparison, and income capitalization approaches for each property appraised. The Company also engaged independent appraisers to value the leasehold interests. The fair value of the leasehold interest was not material to the consolidated financial statements. The fair value adjustment related to bank premises was $3.2 million. Core Deposit Intangible The fair value of the core deposit intangible was determined based on a blended market approach and discounted cash flow analysis using a discount rate commensurate with market participants. To calculate cash flows, deposit account servicing costs (net of deposit fee income) and interest expense on deposits were compared to the cost of alternative funding sources available through the FHLB. The life of the deposit base and projected deposit attrition rates were determined using StellarOne’s historical deposit data. The core deposit intangible will be amortized over eight years using the sum-of-years digits method. Time Deposits The fair value adjustment of time deposits represents a premium over the value of the contractual repayments of fixed-maturity deposits using prevailing market interest rates for similar-term time deposits. The time deposit premium of approximately $10.8 million is being accreted into income using the sum-of-years digits method over the weighted average remaining life ( 20 months). Long-term Borrowings The Company assumed long-term borrowings in the form of FHLB advances and trust preferred capital notes. The fair value of the trust preferred capital notes assumed was valued using an income approach with consideration of the market approach. The contractual cash flows were projected and discounted using a prevailing market rate. The market rate was developed using a third party broker opinion, implied market yields for recent subordinated debt sales, and new subordinated debt issuances for instruments with similar durations and pricing characteristics. The fair value of FHLB advances represents contractual repayments discounted using interest rates currently available on borrowings with similar characteristics and remaining maturities. The FHLB advances were valued at a premium of $3.2 million which is being accreted into income over 55 months using the effective interest method. The trust preferred capital notes were valued at a discount of $7.5 million which is being amortized over 20 years using the effective interest method. Deferred Tax Assets and Liabilities Deferred tax assets and liabilities were established for acquisition accounting fair value adjustments as the future amortization/accretion of these adjustments represent temporary differences between book income and taxable income. The following table presents certain pro forma information as if StellarOne had been acquired on January 1, 2013. These results combine the historical results of StellarOne in the Company's Consolidated Statements of Income and, while certain adjustments were made for the estimated impact of certain fair value adjustments and other acquisition-related activity, they are not indicative of what would have occurred had the acquisition taken place on January 1, 2013. In particular, no adjustments have been made to eliminate the amount of StellarOne’s provision for credit losses that would not have been necessary had the acquired loans been recorded at fair value as of January 1, 2013. Further operating cost savings and other business synergies, including branch closures, as a result of the acquisition are not reflected in the pro forma amounts below (dollars in thousands): 2013 Total revenues (net interest income plus noninterest income) $ 321,739 Net income $ 57,343 Acquisition-related expenses associated with the acquisition of StellarOne were $20.3 million and $2.1 million for the years ended December 31, 2014 and 2013, respectively. Such costs include legal and accounting fees, lease and contract termination expenses, system conversion, operations integration, and employee severances, which have been expensed as incurred. The Company did not have any acquisition-related expenses in 2015. A summary of acquisition-related expenses associated with the StellarOne acquisition included in the Consolidated Statements of Income is as follows (dollars in thousands): For the year ended December 31, 2014 2013 Salaries and employee benefits $ 7,875 $ - Professional services 3,736 2,132 Other costs of operations 8,734 - Total $ 20,345 $ 2,132 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 years ended December 31, 2015, 2014, and 2013 (dollars in thousands): For the years ended December 31, 2015 2014 2013 Loans (1) $ 4,355 $ 586 $ 2,728 Core deposit intangible (2) (8,445) (9,795) (3,831) Borrowings (3) 424 550 (489) Time deposits (4) 1,843 8,914 7 Net impact to income before taxes $ (1,823) $ 255 $ (1,585) (1) Loan discount accretion 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 premium accretion and discount amortization are 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	12 Months Ended
	Dec. 31, 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 December 31, 2015 and 2014 are summarized as follows (dollars in thousands): Amortized Gross Unrealized Estimated Cost Gains (Losses) Fair Value December 31, 2015 Obligations of states and political subdivisions $ 257,740 $ 10,479 $ (140) $ 268,079 Corporate bonds 77,628 55 (1,704) 75,979 Mortgage-backed securities 544,823 6,127 (2,779) 548,171 Other securities 11,085 - (22) 11,063 Total available for sale securities $ 891,276 $ 16,661 $ (4,645) $ 903,292 December 31, 2014 U.S. government and agency securities $ 8,313 $ 166 $ (25) $ 8,454 Obligations of states and political subdivisions 427,483 18,885 (721) 445,647 Corporate bonds 78,744 244 (308) 78,680 Mortgage-backed securities 550,716 9,411 (798) 559,329 Other securities 9,979 31 (6) 10,004 Total available for sale securities $ 1,075,235 $ 28,737 $ (1,858) $ 1,102,114 The following table shows the gross unrealized losses and fair value (in thousands) of the Company’s 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 December 31, 2015 Obligations of states and political subdivisions $ 8,114 $ (70) $ 4,950 $ (70) $ 13,064 $ (140) Mortgage-backed securities 287,113 (2,442) 21,660 (337) 308,773 (2,779) Corporate bonds and other securities 36,157 (751) 19,558 (975) 55,715 (1,726) Total available for sale $ 331,384 $ (3,263) $ 46,168 $ (1,382) $ 377,552 $ (4,645) December 31, 2014 U.S. government and agency securities $ 7,055 $ (25) $ - $ - $ 7,055 $ (25) Obligations of states and political subdivisions 13,602 (93) 42,514 (628) 56,116 (721) Mortgage-backed securities 60,151 (362) 49,581 (436) 109,732 (798) Corporate bonds and other securities 43,923 (244) 4,309 (70) 48,232 (314) Total available for sale $ 124,731 $ (724) $ 96,404 $ (1,134) $ 221,135 $ (1,858) As of December 31, 2015 , there were $ 46.2 million, or 20 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 $1.4 million and consisted of municipal obligations, mortgage-backed securities, corporate bonds, and other securities. 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 at December 31, 2015 and 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 likely 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. As discussed below, one security was identified as containing credit-related OTTI. 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 securities as of December 31, 2015 and 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. December 31, 2015 December 31, 2014 Amortized Estimated Amortized Estimated Cost Fair Value Cost Fair Value Due in one year or less $ 8,380 $ 8,370 $ 19,345 $ 19,434 Due after one year through five years 65,326 66,996 41,545 43,070 Due after five years through ten years 296,864 301,920 306,900 314,044 Due after ten years 520,706 526,006 707,445 725,566 Total securities available for sale $ 891,276 $ 903,292 $ 1,075,235 $ 1,102,114 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 December 31, 2015 and 2014 (dollars in thousands): December 31, 2015 December 31, 2014 Estimated Estimated Fair Value Fair Value Public deposits $ 184,635 $ 312,793 Repurchase agreements 126,120 51,842 Other purposes (1) 26,546 32,360 Total pledged securities $ 337,301 $ 396,995 (1) The "Other purposes" category consists of borrowings, derivatives, and accounts held at the Bank. 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 $6.8 million as of December 31, 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 December 31, 2015 are summarized as follows (dollars in thousands): Carrying Gross Unrealized Estimated Value (1) Gains (Losses) Fair Value December 31, 2015 Obligations of states and political subdivisions $ 205,374 $ 5,748 $ (1,685) $ 209,437 (1) The carrying value includes $6.8 million of net unrealized gains 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 securities 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 December 31, 2015 Obligations of states and political subdivisions $ 7,056 $ (1,685) $ - $ - $ 7,056 $ (1,685) The following table presents the amortized cost and estimated fair value of held to maturity securities as of December 31, 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. December 31, 2015 Carrying Estimated Value (1) Fair Value Due in one year or less $ 1,488 $ 1,491 Due after one year through five years 4,294 4,348 Due after five years through ten years 44,736 45,501 Due after ten years 154,856 158,097 Total securities held to maturity $ 205,374 $ 209,437 (1) The carrying value includes $6.8 million of net unrealized gains 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 December 31, 2015 (dollars in thousands): December 31, 2015 Estimated Fair Value Public deposits $ 207,140 Total pledged securities $ 207,140 Restricted Stock, at cost Due to restrictions placed upon the Bank’s common stock investment in the Federal Reserve Bank and the 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 Sheet s . At December 31, 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 December 31, 2015 and 2014. Restricted equity securities consist of Federal Reserve Bank stock in the amount of $ 23.8 million for both periods December 31, 201 5 and 2014 and FHLB stock in the amount of $ 28.0 million and $ 31.0 million as of December 31, 201 5 and 201 4 , 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 assessments during the year ended December 31, 2015 , and in accordance with the guidance, the Company determined that a municipal security in the available for sale portfolio incurred credit-related OTTI of $300,000 . During 2014, a trust preferred security with OTTI recorded in a prior period was called at a premium. As a result, the Company recognized a gain on the call of the previously written down security of $400,000 related to the previous OTTI charge . 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 years ended December 31, 2015, 2014, and 2013 (dollars in thousands). The Company did not sell any investment securities that are held to maturity. 2015 2014 2013 Realized gains (losses): Gross realized gains $ 1,597 $ 1,757 $ 405 Gross realized losses (111) (62) (384) Net realized gains $ 1,486 $ 1,695 $ 21 Proceeds from sales of securities $ 101,154 $ 289,389 $ 43,354

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	12 Months Ended
	Dec. 31, 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 December 31, 2015 a nd 2014 (dollars in thousands): 2015 2014 Commercial: Commercial Construction $ 484,768 $ 341,280 Commercial Real Estate - Owner Occupied 860,086 875,443 Commercial Real Estate - Non-Owner Occupied 1,618,605 1,509,159 Raw Land and Lots 195,665 211,225 Single Family Investment Real Estate 429,489 412,494 Commercial and Industrial 467,613 393,776 Other Commercial 91,892 81,106 Consumer: Mortgage 474,034 478,151 Consumer Construction 49,359 74,168 Indirect Auto 225,815 199,411 Indirect Marine 43,717 43,190 HELOCs 494,192 500,579 Credit Card - 24,225 Other Consumer 236,227 201,789 Total $ 5,671,462 $ 5,345,996 On October 16, 2015, the Company entered into an agreement to sell its credit card portfolio, approximat ing $26.4 million in outstanding balances, and enter ed into an outsourc ing partnership with Elan Financial Services. The C ompany sold these loans at a premium . The sale of the credit card portfolio resulted in an after-tax benefit of $805,000 on the Company’s Consolidated Statement of Income in 2015 . As part of the agreement, the Company will continue to share in interchange fee income and finance charges. The following table shows the aging of the Company’s recorded investment in the loan portfolio, by class, at December 31, 2015 (dollars in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater t han 90 Days and still Accruing PCI Nonaccrual Current Total Loans Commercial: Commercial Construction $ 2,377 $ 248 $ - $ 1,404 $ 748 $ 479,991 $ 484,768 Commercial Real Estate - Owner Occupied 1,714 118 103 27,388 3,904 826,859 860,086 Commercial Real Estate - Non-Owner Occupied 771 - 995 15,128 100 1,601,611 1,618,605 Raw Land and Lots 229 - - 4,524 415 190,497 195,665 Single Family Investment Real Estate 2,576 1,783 432 14,371 967 409,360 429,489 Commercial and Industrial 1,029 27 124 1,851 908 463,674 467,613 Other Commercial 296 - 159 744 - 90,693 91,892 Consumer: Mortgage 11,467 4,799 2,889 5,040 1,996 447,843 474,034 Consumer Construction 297 - - 241 869 47,952 49,359 Indirect Auto 2,202 222 50 - 192 223,149 225,815 Indirect Marine 205 - - - - 43,512 43,717 HELOCs 2,504 1,112 762 1,791 910 487,113 494,192 Other Consumer 2,120 1,024 315 1,255 927 230,586 236,227 Total $ 27,787 $ 9,333 $ 5,829 $ 73,737 $ 11,936 $ 5,542,840 $ 5,671,462 The following table shows the aging of the Company’s recorded investment in the loan portfolio, by class, at December 31, 2014 (dollars in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater t han 90 Days and still Accruing PCI Nonaccrual Current Total Loans Commercial: Commercial Construction $ 815 $ - $ - $ 3,782 $ 968 $ 335,715 $ 341,280 Commercial Real Estate - Owner Occupied 621 1,542 1,683 31,167 1,060 839,370 875,443 Commercial Real Estate - Non-Owner Occupied 3,984 237 91 28,869 5,902 1,470,076 1,509,159 Raw Land and Lots 145 44 194 7,427 2,359 201,056 211,225 Single Family Investment Real Estate 2,825 338 734 16,879 2,070 389,648 412,494 Commercial and Industrial 1,250 529 549 3,855 3,286 384,307 393,776 Other Commercial 42 2 - 2,256 74 78,732 81,106 Consumer: Mortgage 12,851 4,300 4,095 7,394 2,485 447,026 478,151 Consumer Construction 120 - 844 516 - 72,688 74,168 Indirect Auto 1,593 263 317 - - 197,238 199,411 Indirect Marine 150 - - - 201 42,839 43,190 HELOCs 3,082 955 820 2,000 258 493,464 500,579 Credit Card 232 108 219 - - 23,666 24,225 Other Consumer 1,587 412 501 1,643 592 197,054 201,789 Total $ 29,297 $ 8,730 $ 10,047 $ 105,788 $ 19,255 $ 5,172,879 $ 5,345,996 Nonaccrual loans totaled $ 11.9 million, $ 19.3 million, and $ 15.0 million at December 31, 2015 , 2014 , and 2013 , respectively. Had these loans performed in accordance with their original terms, interest income of approximately $487,000 , $795,000 , and $778,000 would have been recorded in 2015, 2014, and 2013, respectively. All nonaccrual loans were included in the impaired loan disclosure in 2015 and 2014. The following table shows the recorded investment in the PCI commercial and consumer loan portfolios, by class and their delinquency status, at December 31, 2015 (dollars in thousands): 30-89 Days Past Due Greater than 90 Days Current Total Commercial: Commercial Construction $ - $ - $ 1,404 $ 1,404 Commercial Real Estate - Owner Occupied 1,139 1,412 24,837 27,388 Commercial Real Estate - Non-Owner Occupied 755 202 14,171 15,128 Raw Land and Lots 369 - 4,155 4,524 Single Family Investment Real Estate 1,177 618 12,576 14,371 Commercial and Industrial 209 21 1,621 1,851 Other Commercial 13 42 689 744 Consumer: Mortgage 908 1,239 2,893 5,040 Consumer Construction - 241 - 241 HELOCs 410 458 923 1,791 Other Consumer 45 24 1,186 1,255 Total $ 5,025 $ 4,257 $ 64,455 $ 73,737 The following table shows the recorded investment in 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 $ - $ 652 $ 3,130 $ 3,782 Commercial Real Estate - Owner Occupied 1,138 843 29,186 31,167 Commercial Real Estate - Non-Owner Occupied 523 1,255 27,091 28,869 Raw Land and Lots 522 - 6,905 7,427 Single Family Investment Real Estate 1,327 1,311 14,241 16,879 Commercial and Industrial 144 538 3,173 3,855 Other Commercial 107 1,133 1,016 2,256 Consumer: Mortgage 1,975 2,866 2,553 7,394 Consumer Construction - 516 - 516 HELOCs 356 728 916 2,000 Other Consumer 89 171 1,383 1,643 Total $ 6,181 $ 10,013 $ 89,594 $ 105,788 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 December 31, 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 $ 9,924 $ 10,202 $ - $ 9,415 $ 502 Commercial Real Estate - Owner Occupied 7,781 8,983 - 8,226 199 Commercial Real Estate - Non-Owner Occupied 9,156 9,153 - 9,135 441 Raw Land and Lots 22,986 23,270 - 23,533 1,627 Single Family Investment Real Estate 4,584 5,032 - 4,792 194 Commercial and Industrial 1,655 2,241 - 2,230 61 Other Commercial 309 309 - 324 20 Consumer: Mortgage 1,424 1,892 - 1,801 21 Consumer Construction 370 372 - 377 14 Indirect Auto 7 7 - 9 - HELOCs 1,467 1,546 - 1,535 45 Other Consumer 803 886 - 850 18 Total impaired loans without a specific allowance $ 60,466 $ 63,893 $ - $ 62,227 $ 3,142 Loans with a specific allowance Commercial: Commercial Construction $ 211 $ 211 $ 17 $ 143 $ 3 Commercial Real Estate - Owner Occupied 3,237 3,239 358 3,183 149 Commercial Real Estate - Non-Owner Occupied 907 907 75 920 53 Raw Land and Lots 2,347 2,347 216 2,358 97 Single Family Investment Real Estate 2,144 2,146 174 2,171 100 Commercial and Industrial 2,040 2,039 449 2,273 107 Other Commercial 343 348 28 404 17 Consumer: Mortgage 2,621 2,703 152 2,676 6 Consumer Construction 499 502 298 505 19 Indirect Auto 192 199 2 225 6 HELOCs 650 806 6 771 6 Other Consumer 1,461 1,655 227 1,552 30 Total impaired loans with a specific allowance $ 16,652 $ 17,102 $ 2,002 $ 17,181 $ 593 Total impaired loans $ 77,118 $ 80,995 $ 2,002 $ 79,408 $ 3,735 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 $ 5,281 $ 5,367 $ - $ 5,755 $ 165 Commercial Real Estate - Owner Occupied 15,722 16,430 - 16,774 737 Commercial Real Estate - Non-Owner Occupied 22,917 22,917 - 23,209 1,116 Raw Land and Lots 44,790 47,662 - 47,988 2,124 Single Family Investment Real Estate 4,197 4,881 - 6,534 170 Commercial and Industrial 4,453 7,933 - 5,070 121 Other Commercial 1,536 1,538 - 1,624 90 Consumer: Mortgage 1,571 1,582 - 1,583 58 Indirect Auto - 6 - 4 - Indirect Marine 201 505 - 281 - HELOCs 559 699 - 573 8 Other Consumer 89 208 - 107 - Total impaired loans without a specific allowance $ 101,316 $ 109,728 $ - $ 109,502 $ 4,589 Loans with a specific allowance Commercial: Commercial Construction $ 570 $ 570 $ 51 $ 506 $ 13 Commercial Real Estate - Owner Occupied 5,951 5,999 355 5,946 280 Commercial Real Estate - Non-Owner Occupied 10,575 10,572 2,017 10,823 474 Raw Land and Lots 1,343 1,373 98 1,472 59 Single Family Investment Real Estate 4,125 4,144 562 4,293 159 Commercial and Industrial 2,938 3,009 582 3,125 138 Other Commercial 359 378 32 442 29 Consumer: Mortgage 3,323 3,375 481 3,381 60 Consumer Construction 375 375 34 373 19 Indirect Marine 192 192 5 199 15 HELOCs 434 434 4 436 17 Other Consumer 679 706 310 686 19 Total impaired loans with a specific allowance $ 30,864 $ 31,127 $ 4,531 $ 31,682 $ 1,282 Total impaired loans $ 132,180 $ 140,855 $ 4,531 $ 141,184 $ 5,871 For the years ended December 31, 2015, 2014, and 2013, the average investment in impaired loans was $79.4 million, $141.2 million, and $128.5 million, respectively. The interest income recorded on impaired loans was approximately $3.7 million, $5.9 million, and $4.3 million in 201 5, 2014, and 2013, respectively. 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 $ 12.7 million and $ 26 .8 million as of December 31, 201 5 and 201 4 , 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 year ended December 31, 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 in nonaccrual status, which are considered to be nonperforming, as of December 31, 2015 and 2014 (dollars in thousands): December 31, 2015 December 31, 2014 No. of Loans Recorded Investment Outstanding Commitment No. of Loans Recorded Investment Outstanding Commitment Performing Commercial: Commercial Construction 1 $ 296 $ - 1 $ 707 $ - Commercial Real Estate - Owner Occupied 5 1,530 - 3 682 - Commercial Real Estate - Non-Owner Occupied 2 2,390 - 3 3,362 - Raw Land and Lots 5 3,053 - 9 14,777 - Single Family Investment Real Estate 2 443 - 6 1,046 - Commercial and Industrial 5 261 - 9 722 - Other Commercial - - - 1 191 - Consumer: Mortgage 10 1,501 - 7 1,244 - Other Consumer 16 1,306 - 3 98 - Total performing 46 $ 10,780 $ - 42 $ 22,829 $ - Nonperforming Commercial: Commercial Construction 1 $ 288 $ - 1 $ 253 $ - Commercial Real Estate - Owner Occupied 1 137 - 2 153 - Commercial Real Estate - Non-Owner Occupied - - - 1 539 - Raw Land and Lots 1 33 - 2 1,053 - Single Family Investment Real Estate 2 234 - 1 433 - Commercial and Industrial 3 465 - 5 616 - Other Commercial - - - 1 74 - Consumer: Mortgage 3 764 - 2 770 - Other Consumer - - - 1 57 - Total nonperforming 11 $ 1,921 $ - 16 $ 3,948 $ - Total performing and nonperforming 57 $ 12,701 $ - 58 $ 26,777 $ - 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 year ended December 31, 2015, the C ompany did not identify any restructured loans that went into default that had been restructured in the twelve-month period prior to default. During the year ended December 31, 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 years ended December 31, 2015 and 2014 (dollars in thousands): 2015 2014 No. of Loans Recorded Investment at Period End No. of Loans Recorded Investment at Period End Modified to interest only, at a market rate Commercial: Commercial and Industrial 1 $ 19 - $ - Consumer: Mortgage 1 21 - - Total interest only at market rate of interest 2 $ 40 - $ - Term modification, at a market rate Commercial: Commercial Real Estate - Owner Occupied 3 $ 282 - $ - Commercial Real Estate - Non-Owner Occupied - - 1 972 Single Family Investment Real Estate - - 1 109 Commercial and Industrial 2 162 1 32 Other Commercial - - 2 265 Consumer: Mortgage 1 102 - - Other Consumer 11 911 - - Total loan term extended at a market rate 17 $ 1,457 5 $ 1,378 Term modification, below market rate Commercial: Commercial Real Estate - Owner Occupied 1 $ 866 - $ - Raw Land and Lots 1 400 - - Consumer: Mortgage 3 677 - - Other Consumer 4 362 - - Total loan term extended at a below market rate 9 $ 2,305 - $ - Total 28 $ 3,802 5 $ 1,378 The following table shows the allowance for loan loss activity as well as balances of allowance for loan losses and loans based on impairment methodology by portfolio segment for the year ended December 31, 2015 . The table below includes the provision for loan losses. In addition, a $300,000 provision was recognized during the year ended December 31, 2015 for unfunded 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 $ 22,352 $ 10,032 $ 32,384 Recoveries credited to allowance 2,584 1,343 3,927 Loans charged off (6,834) (4,701) (11,535) Provision charged to operations 6,951 2,320 9,271 Balance, end of period $ 25,053 $ 8,994 $ 34,047 Ending Balance, ALL: Loans individually evaluated for impairment $ 1,317 $ 685 $ 2,002 Loans collectively evaluated for impairment 23,736 8,309 32,045 Loans acquired with deteriorated credit quality - - - Total $ 25,053 $ 8,994 $ 34,047 Ending Balance, Loans: Loans individually evaluated for impairment $ 67,177 $ 9,385 $ 76,562 Loans collectively evaluated for impairment 4,015,531 1,505,632 5,521,163 Loans acquired with deteriorated credit quality 65,410 8,327 73,737 Total $ 4,148,118 $ 1,523,344 $ 5,671,462 The following table shows the allowance for loan loss activity as well as balances of allowance for loan losses and loans based on impairment methodology by portfolio segment for the year ended December 31, 2014 . 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 $ 19,908 $ 10,227 $ 30,135 Recoveries credited to allowance 1,963 1,506 3,469 Loans charged off (4,635) (4,385) (9,020) Provision charged to operations 5,116 2,684 7,800 Balance, end of period $ 22,352 $ 10,032 $ 32,384 Ending Balance, ALL: Loans individually evaluated for impairment $ 3,697 $ 834 $ 4,531 Loans collectively evaluated for impairment 18,655 9,198 27,853 Loans acquired with deteriorated credit quality - - - Total $ 22,352 $ 10,032 $ 32,384 Ending Balance, Loans: Loans individually evaluated for impairment $ 123,171 $ 7,242 $ 130,413 Loans collectively evaluated for impairment 3,607,077 1,502,718 5,109,795 Loans acquired with deteriorated credit quality 94,235 11,553 105,788 Total $ 3,824,483 $ 1,521,513 $ 5,345,996 The following table shows the allowance for loan loss activity as well as balances of allowance for loan losses and loans based on impairment methodology by portfolio segment for the year ended December 31, 2013 . 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 $ 24,809 $ 10,107 $ 34,916 Recoveries credited to allowance 1,496 1,285 2,781 Loans charged off (8,534) (5,084) (13,618) Provision charged to operations 2,137 3,919 6,056 Balance, end of period $ 19,908 $ 10,227 $ 30,135 Ending Balance, ALL: Loans individually evaluated for impairment $ 1,152 $ 811 $ 1,963 Loans collectively evaluated for impairment 18,756 9,416 28,172 Loans acquired with deteriorated credit quality - - - Total $ 19,908 $ 10,227 $ 30,135 Ending Balance, Loans: Loans individually evaluated for impairment $ 101,894 $ 7,105 $ 108,999 Loans collectively evaluated for impairment 2,059,079 867,668 2,926,747 Loans acquired with deteriorated credit quality 2,732 890 3,622 Total $ 2,163,705 $ 875,663 $ 3,039,368 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 0 through 9. A general description of the characteristics of the risk grades follows: · Risk rated 0 loans have little or no risk and are generally secured by general obligation municipal credits; · 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 portfolio by class with their related risk rating current as of December 31, 2015 (dollars in thousands): 0-3 4 5 6 7 8 Total Commercial Construction $ 43,656 $ 409,249 $ 21,725 $ 6,497 $ 2,237 $ - $ 483,364 Commercial Real Estate - Owner Occupied 213,547 587,432 13,642 7,214 8,931 1,932 832,698 Commercial Real Estate - Non-Owner Occupied 493,723 1,075,433 14,606 10,223 9,492 - 1,603,477 Raw Land and Lots 15,728 127,427 7,526 15,689 24,771 - 191,141 Single Family Investment Real Estate 55,812 340,708 7,061 7,362 4,175 - 415,118 Commercial and Industrial 180,478 262,377 13,943 5,435 3,430 99 465,762 Other Commercial 44,403 42,738 2,923 432 652 - 91,148 Total $ 1,047,347 $ 2,845,364 $ 81,426 $ 52,852 $ 53,688 $ 2,031 $ 4,082,708 The following table shows the recorded investment in all loans, excluding PCI loans, in the commercial portfolio 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 $ 22,512 $ 289,064 $ 11,932 $ 10,906 $ 3,084 $ - $ 337,498 Commercial Real Estate - Owner Occupied 185,789 620,587 15,003 7,688 15,209 - 844,276 Commercial Real Estate - Non-Owner Occupied 356,263 1,041,515 22,358 28,388 31,766 - 1,480,290 Raw Land and Lots 11,162 128,281 16,803 4,783 42,769 - 203,798 Single Family Investment Real Estate 59,638 311,900 9,750 6,680 7,647 - 395,615 Commercial and Industrial 138,973 230,084 9,392 4,383 7,089 - 389,921 Other Commercial 31,571 40,913 3,818 844 1,704 - 78,850 Total $ 805,908 $ 2,662,344 $ 89,056 $ 63,672 $ 109,268 $ - $ 3,730,248 The following table shows the recorded investment in only PCI loans in the commercial portfolio by class with their related risk rating and credit quality indicator information current as of December 31, 2015 (dollars in thousands): 4 5 6 7 8 Total Commercial Construction $ - $ - $ 61 $ 1,343 $ - $ 1,404 Commercial Real Estate - Owner Occupied 5,260 1,633 13,896 6,599 - 27,388 Commercial Real Estate - Non-Owner Occupied 4,798 5,893 3,187 1,250 - 15,128 Raw Land and Lots 2,059 277 1,439 749 - 4,524 Single Family Investment Real Estate 4,868 1,629 3,821 4,053 - 14,371 Commercial and Industrial 144 48 321 1,317 21 1,851 Other Commercial 83 - 489 172 - 744 Total $ 17,212 $ 9,480 $ 23,214 $ 15,483 $ 21 $ 65,410 The following table shows the recorded investment in only PCI loans in the commercial portfolio 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 $ - $ - $ 3,130 $ 194 $ 458 $ 3,782 Commercial Real Estate - Owner Occupied 1,525 3,546 10,880 15,216 - 31,167 Commercial Real Estate - Non-Owner Occupied 2,837 934 18,736 6,362 - 28,869 Raw Land and Lots 1,564 189 3,148 2,526 - 7,427 Single Family Investment Real Estate 2,807 1,253 6,462 6,357 - 16,879 Commercial and Industrial 437 - 913 2,477 28 3,855 Other Commercial - - 510 1,746 - 2,256 Total $ 9,170 $ 5,922 $ 43,779 $ 34,878 $ 486 $ 94,235 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 for the periods presented (dollars in thousands): For the year ended December 31, 2015 2014 Balance at beginning of period $ 28,956 $ 2,980 Additions - 34,653 Accretion (6,084) (7,192) Reclass of nonaccretable difference due to improvement in expected cash flows 3,886 1,873 Other, net (1) (4,619) (3,358) Balance at end of period $ 22,139 $ 28,956 (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 year. The carrying value of the Company’s PCI loan portfolio, accounted for under ASC 310-30, totaled $7 3.7 million at December 31, 2015 and $105.8 million at December 31, 2014. The outstanding balance of the Company’s PCI loan portfolio totaled $90.3 million at December 31, 2015 and $126.3 million at December 31, 2014. Loans in the Company’s acquired performing loan portfolio, accounted for under ASC 310-20, totaled $1.4 billion and $1.8 billion at December 31, 2015 and 2014, respectively; the remaining discount on these loans totaled $20.8 million and $24.3 million, respectively.

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2015
PREMISES AND EQUIPMENT [Abstract]
PREMISES AND EQUIPMENT	5. PREMISES AND EQUIPMENT The Company’s premises and equipment as of December 31, 2015 and 2014 are as follows (dollars in thousands): 2015 2014 Land $ 29,839 $ 31,072 Land improvements and buildings 96,943 98,259 Leasehold improvements 8,313 7,950 Furniture and equipment 49,914 47,350 Construction in progress 9,030 9,385 Total 194,039 194,016 Less accumulated depreciation and amortization 68,011 58,769 Bank premises and equipment, net $ 126,028 $ 135,247 Depreciation expense for 2015, 2014, and 2013 was $10. 8 million, $10.7 million, and $6.0 million, respectively. Future minimum rental payments required under non-cancelable operating leases for premises that have initial or remaining terms in excess of one year as of December 31, 2015 are as follows for the years ending (dollars in thousands): 2016 $ 7,091 2017 6,715 2018 6,454 2019 5,703 2020 4,471 Thereafter 10,887 Total of future payments $ 41,321 The leases contain options to extend for periods up to 20 years. Rental expense for the years ended December 31, 2015, 2014, and 2013 totaled $7.8 million, $8.1 million, and $5.7 million, respectively .

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2015
INTANGIBLE ASSETS [Abstract]
INTANGIBLE ASSETS	6 . INTANGIBLE ASSETS The Company’s intangible assets consist of core deposits and goodwill arising from various acquisitions. The Company has determined that core deposit intangibles have finite lives and amortizes them over their estimated useful lives . 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 . See Note 2 “Acquisitions” for additional information. 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 201 5 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 December 31, 2015 Amortizable core deposit intangibles $ 76,185 $ 52,875 $ 23,310 December 31, 2014 Amortizable core deposit intangibles $ 76,185 $ 44,430 $ 31,755 Amortization expense of core deposit intangibles for the years ended December 31, 201 5 , 201 4 , and 201 3 totaled $ 8.4 million , $9.8 million, and $3.8 million, respectively. There was no a mortization expense of the trademark intangibles for the year s ended December 31, 201 5 and 2014. The amortization expense of the trademark intangible for the year ended December 31, 2013 totaled $33,000 . As of December 31, 2015 , the estimated remaining amortization expense of core deposit intangibles is as follows (dollars in thousands): 2016 $ 6,932 2017 5,590 2018 4,144 2019 3,093 2020 2,028 Thereafter 1,523 Total estimated amortization expense $ 23,310

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2015
DEPOSITS [Abstract]
DEPOSITS	7 . DEPOSITS The major types of interest-bearing deposits are as follows for the years end ed December 31, (dollars in thousands): 2015 2014 Interest-bearing deposits: NOW accounts $ 1,521,906 $ 1,332,029 Money market accounts 1,312,612 1,261,520 Savings accounts 572,800 548,526 Time deposits of $250,000 and over 183,520 175,933 Other time deposits 1,000,161 1,121,384 Total interest-bearing deposits $ 4,590,999 $ 4,439,392 As of December 31, 2015, the scheduled maturities of time deposits are as follows for the years end ed December 31, (dollars in thousands): 2016 $ 623,912 2017 233,783 2018 139,400 2019 128,837 2020 57,749 Total scheduled maturities of time deposits $ 1,183,681 The amount of time deposits held in CDARS accounts was $4.9 million and $7.9 million as of December 31, 201 5 and 201 4 , respectively. These deposits had a maturity of less than one year. The Company classifies deposit overdrafts as other consumer loans. As of December 31, 201 5 and 201 4 , these deposits totaled $1.2 million and $2.1 million, respectively.

BORROWINGS

BORROWINGS	12 Months Ended
	Dec. 31, 2015
BORROWINGS [Abstract]
BORROWINGS	8. 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 December 31, 2015 and 2014 (dollars in thousands): 2015 2014 Securities sold under agreements to repurchase $ 84,977 $ 44,393 Other short-term borrowings 304,000 343,000 Total short-term borrowings $ 388,977 $ 387,393 Maximum month-end outstanding balance $ 445,761 $ 387,393 Average outstanding balance during the period 379,783 237,896 Average interest rate during the period 0.25% 0.24% Average interest rate at end of period 0.27% 0.31% Other short-term borrowings: FHLB $ 304,000 $ 335,000 Other lines of credit - 8,000 The Bank maintains federal funds lines with several correspondent banks; the remaining available balance was $ 175.0 million and $ 150.0 million at December 31, 201 5 and 201 4 , 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 billion and $ 1.4 b illion at December 31, 201 5 and 201 4 , 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 $7.0 million at December 31, 2015. The trust preferred capital notes currently qualify for Tier 1 capital of the Company for regulatory purposes. Trust Preferred Capital Securities (1) Investment (1) Spread to 3-Month LIBOR Rate Maturity Trust Preferred Capital Note - Statutory Trust I $ 22,500,000 $ 696,000 2.75% 3.36% 6/17/2034 Trust Preferred Capital Note - Statutory Trust II 36,000,000 1,114,000 1.40% 2.01% 6/15/2036 VFG Limited Liability Trust I Indenture 20,000,000 619,000 2.73% 3.34% 3/18/2034 FNB Statutory Trust II Indenture 12,000,000 372,000 3.10% 3.71% 6/26/2033 Total $ 90,500,000 $ 2,801,000 (1) The total of the trust preferred capital securities and investments in the respective trusts represents the principal asset of the Company's junior subordinated debt securities with like maturities and like interest rates to the capital securities. The Company's investment in the trusts is reported in "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 December 31, 201 5 , the carryin g value of the subordinated debt was $17.5 million , with a remaining fair value discount of $ 163,000 . During 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 Sheet s . 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 years ended December 31, 201 5, 2014, and 201 3 was $1.8 million, $1.8 million , and $1.7 million , respectively. In connection with the StellarOne acquisition, the Company assumed $70.0 million in long-term borrowings with the FHLB of which there is $60.0 million remaining as of December 31, 2015 that had a remaining fair value premium of $1.2 million . As of December 31, 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% 1.05% 8/23/2022 $ 55,000 Adjustable Rate Credit 0.45% 1.07% 11/23/2022 65,000 Adjustable Rate Credit 0.45% 1.07% 11/23/2022 10,000 Adjustable Rate Credit 0.45% 1.07% 11/23/2022 10,000 Fixed Rate - 3.62% 11/28/2017 10,000 Fixed Rate - 3.75% 7/30/2018 5,000 Fixed Rate - 3.97% 7/30/2018 5,000 Fixed Rate Hybrid - 2.11% 10/5/2016 25,000 Fixed Rate Hybrid - 0.91% 7/25/2016 15,000 $ 200,000 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 $ 55,000 Adjustable Rate Credit 0.45% 0.71% 11/23/2022 65,000 Adjustable Rate Credit 0.45% 0.71% 11/23/2022 10,000 Adjustable Rate Credit 0.45% 0.71% 11/23/2022 10,000 Fixed Rate - 3.62% 11/28/2017 10,000 Fixed Rate - 3.44% 7/28/2015 10,000 Fixed Rate - 3.75% 7/30/2018 5,000 Fixed Rate - 3.97% 7/30/2018 5,000 Fixed Rate Hybrid - 2.11% 10/5/2016 25,000 Fixed Rate Hybrid - 0.91% 7/25/2016 15,000 $ 210,000 The carrying value of the loans and securities pledged as collateral for FHLB advances totaled $1.9 billion and $ 1.2 billion as of December 31, 201 5 and 201 4 , respectively. As of December 31, 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 2016 $ - $ 17,500 $ 40,000 $ 271 $ (1,882) $ 55,889 2017 - - 10,000 170 (1,922) 8,248 2018 - - 10,000 (143) (1,970) 7,887 2019 - - - (286) (2,018) (2,304) 2020 - - - (301) (2,074) (2,375) Thereafter 93,301 - 140,000 (5,622) (3,826) 223,853 Total Long-term borrowings $ 93,301 $ 17,500 $ 200,000 $ (5,911) $ (13,692) $ 291,198

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2015
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	9. 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 , the 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 Sheet s . 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 the 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 following table presents the balances of commitments (dollars in thousands): 2015 2014 Commitments with off-balance sheet risk: Commitments to extend credit (1) $ 1,557,350 $ 1,601,287 Standby letters of credit 139,371 117,988 Mortgage loan rate lock commitments 50,369 49,552 Total commitments with off-balance sheet risk $ 1,747,090 $ 1,768,827 Commitments with balance sheet risk: Loans held for sale $ 36,030 $ 42,519 Total other commitments $ 1,783,120 $ 1,811,346 (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 December 31, 201 5 and 201 4 , the aggregate amount of daily average required reserves was approximately $ 48.7 million . As of December 31, 2015, the Company had approximately $ 30.9 million in deposits in other financial institutions, of which $10.5 million and $4.4 million serve as collateral for the cash flow hedges and loan swaps, respectively, as discussed in Note 10 “Derivatives .” The Company had approximately $ 1 4 . 7 million and $6.5 million in deposits in other financial institutions that were uninsured at December 31, 201 5 and 2014, respectively . 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 10 “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 December 31, 201 5 and 201 4 , the Company’s indemnification reserve for such mortgage loans was $450,000 and $662,000 , respectively .

DERIVATIVES

DERIVATIVES	12 Months Ended
	Dec. 31, 2015
DERIVATIVES [Abstract]
DERIVATIVES	10. 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 certain derivatives as hedging instruments in a qualifying hedge accounting relationship (cash flow or fair value hedge). The remaining are classified as free standing derivatives consisting of customer accommodation loan swaps and interest rate lock commitments that do not qualify for hedge accounting. Cash Flow Hedges The Company designates derivatives as cash flow hedges when they are used to manage exposure to variability in cash flows related to forecasted transactions on variable rate borrowings such as trust preferred capital notes, FHLB borrowings and prime commercial loans. The Company uses interest rate swap agreements as part of its hedging strategy by exchanging a notional amount, equal to the principal amount of the borrowings, for fixed-rate interest based on benchmarked interest rates. 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. The terms and conditions of the interest rate swaps vary and amounts receivable or payable are recognized as accrued under the terms of the agreements. The Company assesses the effectiveness of each hedging relationship on a periodic basis using statistical regression analysis. The Company also measures the ineffectiveness of each hedging relationship using the change in variable cash flows method which compares the cumulative changes in cash flows of the hedging instrument relative to cumulative changes in the hedged item’s cash flows. In accordance with ASC 815, Derivatives and Hedging , the effective portions of the derivatives’ unrealized gains or losses are recorded as a component of other comprehensive income. Based on the Company’s assessment its cash flow hedges are highly effective, but to the extent that any ineffectiveness exists in the hedge relationships, the amounts would be recorded in interest income and interest expense in the Company’s Consolidated Statements of Income. Fair Value Hedge Derivatives are designated as fair value hedges when they are used to manage exposure to changes in the fair value of certain financial assets and liabilities, referred to as the hedged items, which fluctuate in value as a result of movements in interest rates. 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 pays a fixed interest rate to the counterparty and receives a floating rate from the same counterparty calculated on the aggregate notional amount. For the years ended December 31, 2015 and 2014, the aggregate notional amount of the related hedged items was $61.2 million and $38.3 million, respectively, with fair value amounts of $689,000 and $0 , respectively. The Company applies hedge accounting in accordance with ASC 815and 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. Statistical regression analysis is used 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. The Company’s fair value hedges continue to be highly effective and had no material impact on the Consolidated Statements of Income, but if any ineffectiveness exists, portions of the unrealized gains or losses would be recorded in interest income and interest expense in 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 a third party 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. 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 in the secondary market 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 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 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 “Mortgage banking income, net” in the Company’s Consolidated Statements of Income. The following table summarizes key elements of the Company’s derivative instruments as of December 31, 2015 and 2014, segregated by derivatives that are considered accounting hedges and those that are not (dollars in thousands): December 31, 2015 December 31, 2014 Derivative (2) Derivative (2) Notional or Contractual Amount (1) Positions Assets Liabilities Collateral Pledged (3) Notional or Contractual Amount (1) Positions Assets Liabilities Collateral Pledged (3) Derivatives designated as accounting hedges: Interest rate contracts: Cash flow hedges $ 263,000 11 $ 946 $ 10,352 $ 14,449 $ 263,000 11 $ 580 $ 8,433 $ 10,500 Fair value hedges 61,150 4 - 888 - 38,300 1 - - - Total 324,150 15 946 11,240 14,449 301,300 12 580 8,433 10,500 Derivatives not designated as accounting hedges: Interest rate contracts: Loan Swaps 138,969 68 3,758 3,758 5,983 122,793 60 2,681 2,681 3,400 Other contracts: Interest rate lock commitments 50,369 199 701 - - 49,600 221 513 - - Total 189,338 267 4,459 3,758 5,983 172,393 281 3,194 2,681 3,400 Total derivatives $ 513,488 282 $ 5,405 $ 14,998 $ 20,432 $ 473,693 293 $ 3,774 $ 11,114 $ 13,900 (1) Notional amounts are not recorded on the balance sheet and are generally used only as a basis on which interest and other payments are determined. (2) Balances represent fair value of derivative financial instruments. (3) Collateral pledged is comprised of both cash and securities.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Dec. 31, 2015
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	11. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The change in accumulated other comprehensive income (loss) for the year ended December 31, 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 Hedges Total Balance - December 31, 2014 $ 17,439 $ - $ (5,184) $ 12,255 Unrealized gain transferred from AFS to HTM (5,251) 5,251 - - Other comprehensive income (loss) (3,640) (819) (1,394) (5,853) Amounts reclassified from accumulated other comprehensive income (771) - 621 (150) Net current period other comprehensive income (loss) (4,411) (819) (773) (6,003) Balance - December 31, 2015 $ 7,777 $ 4,432 $ (5,957) $ 6,252 The change in accumulated other comprehensive income (loss) for the year ended December 31, 2014 is summarized as follows, net of tax (dollars in thousands): Unrealized Gains (Losses) on AFS Securities Change in Fair Value of Cash Flow Hedges Total Balance - December 31, 2013 $ 1,192 $ (3,382) $ (2,190) Other comprehensive income (loss) 17,089 (2,393) 14,696 Amounts reclassified from accumulated other comprehensive income (842) 591 (251) Net current period other comprehensive income (loss) 16,247 (1,802) 14,445 Balance - December 31, 2014 $ 17,439 $ (5,184) $ 12,255 The change in accumulated other comprehensive income (loss) for the year ended December 31, 2013 is summarized as follows, net of tax (dollars in thousands): Unrealized Gains (Losses) on AFS Securities Change in Fair Value of Cash Flow Hedges Total Balance - December 31, 2012 $ 14,573 $ (4,489) $ 10,084 Other comprehensive income (loss) (13,367) 583 (12,784) Amounts reclassified from accumulated other comprehensive income (14) 524 510 Net current period other comprehensive income (loss) (13,381) 1,107 (12,274) Balance - December 31, 2013 $ 1,192 $ (3,382) $ (2,190) 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 gains of $1.5 million for the year ended December 31, 2015, related to the sale of securities. Excluding the OTTI recovery of $400,000 in the second quarter of 2014, the Company reported gains of $1.3 million for th e year ended December 31, 2014 and gains of $ 21,000 for the year ended December 31 , 2013, relate d to the sale of securities. The tax effect of these transactions during the years ended December 31, 201 5 , 201 4 , and 201 3 were $ 415,000 , $ 453 ,000 , and $ 7,000 , respectively, which were included as a component of income tax expense. The Company recorded $300,000 in OTTI in the third quarter of 2015 on a municipal security in the available for sale portfolio. See Note 3 “Securities” for additional information on the OTTI. 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 $956,000 , $909,000 , and $805,000 for the years ended December 31, 201 5 , 201 4 , and 201 3 , respectively. The tax effect of these transactions during the years ended December 31, 201 5 , 201 4 , and 201 3 were $335,000 , $ 318 ,000 , and $ 281 ,000 , respectively, which were included as a component of income tax expense .

REGULATORY MATTERS AND CAPITAL

REGULATORY MATTERS AND CAPITAL	12 Months Ended
	Dec. 31, 2015
REGULATORY MATTERS AND CAPITAL [Abstract]
REGULATORY MATTERS AND CAPITAL	12. REGULATORY MATTERS AND CAPITAL Capital resources represent funds, earned or obtained, over which financial institutions can exercise greater or longer control in comparison with deposits and borrowed funds. Management seeks to maintain a capital structure that will assure an adequate level of capital to support anticipated asset growth and to absorb potential losses, yet allow management to effectively leverage its capital to maximize return to shareholders. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on financial statements of the Company and the Bank. Under capital adequacy guidelines and the regulatory framework for PCA, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. PCA provisions are not applicable to financial holding companies and bank holding companies, but only to their bank subsidiaries. As of December 31, 201 5 , the most recent notification from the Federal Reserve Bank categorized the Bank as “well capitalized” under the regulatory framework for PCA . To be categorized as “well-capitalized,” an institution must maintain minimum total risk-based, Tier 1 risk-based, Tier 1 leverage , and common equity Tier 1 ratios as set forth in the following tables. There are no conditions or events since that notification that management believes have changed the Bank’s category. The Company and the Bank’s capital amounts and ratios are also presented in the following table at December 31, 2015 and 2014 (dollars in thousands): Actual Required for Capital Adequacy Purposes Required in Order to Be Well Capitalized Under PCA Amount Ratio Amount Ratio Amount Ratio As of December 31, 2015 Common e quity Tier 1 capital to risk weighted assets: Consolidated $ 691,195 10.55% $ 294,823 4.50% $ NA NA Union Bank & Trust 751,992 11.52% 293,747 4.50% 424,301 6.50% Tier 1 capital to risk weighted assets: Consolidated 781,695 11.93% 393,141 6.00% NA NA Union Bank & Trust 751,992 11.52% 391,663 6.00% 522,217 8.00% Total capital to risk weighted assets: Consolidated 816,041 12.46% 523,943 8.00% NA NA Union Bank & Trust 786,339 12.05% 522,051 8.00% 652,563 10.00% Tier 1 capital to average adjusted assets: Consolidated 781,695 10.68% 292,770 4.00% NA NA Union Bank & Trust 751,992 10.31% 291,752 4.00% 364,691 5.00% As of December 31, 2014 Tier 1 capital to risk weighted assets: Consolidated $ 734,755 12.76% $ 230,331 4.00% $ NA NA Union Bank & Trust 708,453 12.36% 229,273 4.00% 343,909 6.00% Total capital to risk weighted assets: Consolidated 770,585 13.38% 460,738 8.00% NA NA Union Bank & Trust 744,269 12.98% 458,717 8.00% 573,397 10.00% Tier 1 capital to average adjusted assets: Consolidated 734,755 10.62% 276,744 4.00% NA NA Union Bank & Trust 708,453 10.29% 275,395 4.00% 344,243 5.00% In July 2013, the FRB issued a final rule that makes technical changes to its market risk capital rule s to align them with the Basel III regulatory capital framework and meet certain requirements of the Dodd-Frank Act. The phase-in period for the final rules began on January 1, 2015, with full compliance with the final rules to be phased in by January 1, 2019. Refer to “Item 7 – Management’s Discussion and Analysis of Financial Condition and Results of Operations,” section “Capital Resources” in this Form 10-K for additional information. On January 30, 2014, the Company’s Board of Directors authorized a share repurchase program to purchase up to $65.0 million worth of the Company’s common stock on the open market or in privately negotiated transactions. The repurchase program was authorized through December 31, 2015. On October 29, 2015, the Company’s Board of Directors authorized a new share repurchase program to purchase up to $25.0 million worth of the Company’s common stock on the open market or in privately negotiated transactions. The repurchase program is authorized through December 31, 2016. The new stock repurchase authorization was in addition to the existing stock repurchase program approved by the Board of Directors on January 30, 2014. All shares were repurchased under the program authorized on January 30, 2014 prior to repurchasing shares under the program authorized on October 29, 2015. At December 31, 2015, approximately $21.1 million remained available under the current repurchase program.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2015
FAIR VALUE MEASUREMENTS [Abstract]
FAIR VALUE MEASUREMENTS	13. 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 10 “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 that 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 December 31, 2015 and approximately 90% as of December 31, 2014. As of December 31, 2015, the interest rate lock commitments are recorded as a component of “Other Assets” 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 primarily 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 December 31, 201 5 and 201 4 . 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. Loans held for sale At December 31, 2015, loans held for sale were carried at fair value. At December 31, 2014, l oans 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 m arket. 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). 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. The following table presents the balances of financial assets and liabilities measured at fair value on a recurring basis at December 31, 2015 and 2014 (dollars in thousands): Fair Value Measurements at December 31, 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: Obligations of states and political subdivisions $ - $ 268,079 $ - $ 268,079 Corporate and other bonds - 75,979 - 75,979 Mortgage-backed securities - 548,171 - 548,171 Other securities - 11,063 - 11,063 Loans held for sale - 36,030 - 36,030 Derivatives: Interest rate swap - 3,758 - 3,758 Cash flow hedges - 946 - 946 Interest rate lock commitments - - 701 701 LIABILITIES Derivatives: Interest rate swap $ - $ 3,758 $ - $ 3,758 Cash flow hedges - 10,352 - 10,352 Fair value hedges - 888 - 888 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 $ - $ 8,454 $ - $ 8,454 Obligations of states and political subdivisions - 445,647 - 445,647 Corporate and other bonds - 78,680 - 78,680 Mortgage-backed securities - 559,329 - 559,329 Other securities - 10,004 - 10,004 Derivatives: Interest rate swap - 2,681 - 2,681 Cash flow hedges - 580 - 580 Interest rate lock commitments - - 513 513 LIABILITIES Derivatives: Interest rate swap $ - $ 2,681 $ - $ 2,681 Cash flow hedges - 8,433 - 8,433 Certain assets are measured at fair value on a nonrecurring basis in accordance with 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. 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). For the years ended December 31, 2015 and 2014, the Level 3 weighted averages related to impaired loans were 7.0% and 13.0% , respectively. 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. For the years ended December 31, 2015 and 2014, the Level 3 weighted averages related to OREO were approximately 32.0% for both periods. Total valuation expenses related to OREO properties for the years ended December 31, 2015 and 2014 were $ 6.0 million and $7 .6 million , respectively. The following tables summarize the Company’s financial assets that were measured at fair value on a nonrecurring basis at December 31, 2015 and 2014 (dollars in thousands): Fair Value Measurements at December 31, 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 Impaired loans $ - $ - $ 2,214 $ 2,214 Other real estate owned - - 15,299 15,299 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 $ - $ 42,519 $ - $ 42,519 Impaired loans - - 15,797 15,797 Other real estate owned - - 28,118 28,118 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 primarily 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 December 31, 2015. 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 Valuation Service ’s derivative pricing functions. Accrued interest The carrying amounts of accrued interest approximate fair value. The carrying values and estimated fair values of the Company’s financial instruments as of December 31, 2015 and 2014 are as follows (dollars in thousands): Fair Value Measurements at December 31, 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 $ 142,660 $ 142,660 $ - $ - $ 142,660 Securities available for sale 903,292 - 903,292 - 903,292 Held to maturity securities 205,374 - 209,437 - 209,437 Restricted stock 51,828 - 51,828 - 51,828 Loans held for sale 36,030 - 36,030 - 36,030 Net loans 5,637,415 - - 5,671,155 5,671,155 Derivatives: Interest rate lock commitments 701 - - 701 701 Interest rate swap 3,758 - 3,758 - 3,758 Cash flow hedges 946 - 946 - 946 Accrued interest receivable 20,760 - 20,760 - 20,760 Bank owned life insurance 173,687 - 173,687 - 173,687 LIABILITIES Deposits $ 5,963,936 $ - $ 5,957,484 $ - $ 5,957,484 Borrowings 680,175 - 659,364 - 659,364 Accrued interest payable 1,578 - 1,578 - 1,578 Derivatives: Interest rate swap 3,758 - 3,758 - 3,758 Cash flow hedges 10,352 - 10,352 - 10,352 Fair value hedges 888 - 888 - 888 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 $ 133,260 $ 133,260 $ - $ - $ 133,260 Securities available for sale 1,102,114 - 1,102,114 - 1,102,114 Restricted stock 54,854 - 54,854 - 54,854 Loans held for sale 42,519 - 42,519 - 42,519 Net loans 5,313,612 - - 5,340,759 5,340,759 Derivatives: Interest rate lock commitments 513 - - 513 513 Interest rate swap 2,681 - 2,681 - 2,681 Cash flow hedges 580 - 580 - 580 Accrued interest receivable 21,775 - 21,775 - 21,775 Bank owned life insurance 139,005 - 139,005 - 139,005 LIABILITIES Deposits $ 5,638,770 $ - $ 5,637,929 $ - $ 5,637,929 Borrowings 686,935 - 666,224 - 666,224 Accrued interest payable 1,899 - 1,899 - 1,899 Derivatives: Interest rate swap 2,681 - 2,681 - 2,681 Cash flow hedges 8,433 - 8,433 - 8,433 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.

EMPLOYEE BENEFITS AND STock BAS

EMPLOYEE BENEFITS AND STock BASED COMPENSATION	12 Months Ended
	Dec. 31, 2015
EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION [Abstract]
EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION	14. EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION The Company has a 401(k) Plan designed to qualify under Section 401 of the Internal Revenue Code of 1986 that allows employees to defer a portion of their salary compensation as savings for retirement. The 401(k) Plan provides for the Company to match employee contributions based on each employee’s elected contribution percentage. For each employee’s 1% through 3% dollar contributions, the Company will match 100% of such dollar contributions, and for each employee’s 4% through 5% dollar contributions, the Company will match 50% of such dollar contributions. All employees are eligible to participate in the 401(k) Plan after meeting minimum age and period of service requirements. The Bank also has an ESOP. All full and part-time employees of the Bank with 1,000 hours of service are eligible to participate in the ESOP. The Company makes discretionary profit sharing contributions into the 401(k) Plan, ESOP, and in cash. Company discretionary contributions to both the 401(k) Plan and the ESOP are allocated to participant accounts in proportion to each participant’s compensation and vest according to the respective plans vesting schedule . Employee contributions to the ESOP are not allowed. The following 401(k) match and other discretionary contributions were made to the Company’s employees, in accordance with the plans described above, in 2015, 2014, and 2013 (dollars in thousands): 2015 2014 2013 401(k) Plan $ 3,120 $ 3,715 $ 2,571 ESOP 1,146 3,440 1,774 Cash 1,146 983 482 Total $ 5,412 $ 8,138 $ 4,827 The Company maintains certain deferred compensation arrangements with employees and certain current and former members of the Bank’s and StellarOne’s Boards of Directors. Under these deferred compensation plans the Company had an obligation of $9. 1 million and $10.3 million at December 31, 201 5 and 201 4 , respectively . The Company owns life insurance policies on plan beneficiaries as an informal funding vehicle to meet future benefit obligations. The Company’s Board of Directors has historically approved an annual short-term cash incentive compensation plan (the Management Incentive Plan, or “MIP”) as a means of attracting, rewarding, and retaining the Company’s key executives. Each annual MIP, as it may be amended from time to time, is based on both corporate and individual objectives established annually for each key executive. Performance under these two categories is assessed for each executive to determine the amount of incentive compensation paid each year . Salaries and benefits expense for incentive compensation under the MIP was $1.2 million , $898,000 , and $939,000 for the years ended December 31, 2015, 2014, and 2013, respectively. The Company’s current Stock Incentive Plan 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 awards (“RSAs”) , (iv) restricted stock units (“RSUs”), (v) stock awards; and (vi) performance share units (“PSUs”). The Company issues new shares to satisfy stock-based awards . For option awards the option price cannot be less than the fair market value of the stock on the grant date. Stock option awards have a maximum term of ten years from the date of grant . No stock options have been granted since February 2012 . RSAs and PSUs typically have vesting schedules over three to four year periods . On January 29, 2015, the Company’s Board of Directors adopted the Union Bankshares Corporation Stock and Incentive Plan (the “Amended and Restated SIP”), which amends and restates the former equity compensation plan (the “2011 Plan”). The Amended and Restated SIP became effective on April 21, 2015 upon shareholder approval. T he 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 December 31, 2015, there were 1,865,589 shares available for future issuance in the Amended and Restated SIP. For the years ended December 31, 2015, 2014, and 2013, the Company recognized stock-based compensation expense (included in salaries and benefits expense) (dollars in thousands, except per share data) as follows: Year Ended December 31, 2015 2014 2013 Stock-based compensation expense $1,388 $979 $889 Reduction of income tax expense 405 234 181 Per share compensation cost $0.02 $0.02 $0.04 Stock Options The following table summarizes the stock option activity as of December 31, 2015: Stock Options (shares) Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value Outstanding as of December 31, 2014 389,269 $16.69 Granted - - Exercised (60,637) 14.98 Forfeited (3,009) 13.83 Expired (26,880) 23.12 Outstanding as of December 31, 2015 298,743 16.40 4.21 $2,793,148 Exercisable as of December 31, 2015 243,054 17.04 3.83 2,147,472 Du ring the year ended December 31, 2015, there were 60,637 stock options exercised with a total intrinsic value (the amount by which the stock price exceeded the exercise price) and fair value of approximately $544,000 and $1.4 million, respectively. Cash received from the exercise of stock options for the year ended December 31, 2015 was approximately $886,000 , and the tax benefit realized from tax deductions associated with options exercised during the year was approximately $178,000 . The fair value of all stock options vested during 2015 was approximately $316 ,000 and the total intrinsic value of all stock options outstanding was $2.8 million as of December 31, 2015. During the year ended December 31, 201 4 , there were 75,282 stock option s exercised with a total intrinsic value (the amount by which the stock price exceed ed the exercise price) and fair value of approximately $ 573,000 and $1.8 million, respectively. Cash received from the exercise of stock options for the year ended December 31, 201 4 was approximately $1.2 million, and the tax benefit realized from tax deductions associated with options exercised during the year was approximately $1 87,000 . The fair value of all stock options vested during 201 4 was approximately $313,000 and the total intrinsic value of all stock options outstanding was $ 3.1 million as of December 31, 2014 . During the year ended December 31, 201 3 , there were 50,119 stock option s exercised with a total intrinsic value (the amount by which the stock price exceed ed the exercise price) and fair value of approximately $268,000 and $1.2 million, respectively. Cash received from the exercise of stock options for the year ended December 31, 201 3 was approximately $927,000 , and the tax benefit realized from tax deductions associated with options exercised during the year was $54,000 . The fair value of all stock options vested during 201 3 was approximately $335,000 and the total intrinsic value of all stock options outstanding was $3.5 million as of December 31, 2013 . Restricted Stock The Amended and Restated SIP permits the granting of restricted stock awards but is limited to one-third of the aggregate number of total awards granted. Generally, RSAs vest 50 % on each of the third and fourth anniversaries from the date of the grant. The value of the restricted stock awards was calculated by multiplying the fair market value of the Company’s common stock on the grant date by the number of shares awarded. Employees have the right to vote the shares and to receive cash or stock dividends for RSAs, if any . Nonvested shares of restricted stock are included in the computation of basic earnings per share. The following table summarizes the restricted stock activity for the year ended December 31, 2015 : Number of Shares of RSAs Weighted Average Grant-Date Fair Value Balance, December 31, 2014 223,039 $ 20.07 Granted 166,831 23.99 Net settle for taxes (18,096) 22.99 Vested (54,469) 17.56 Forfeited (12,249) 20.35 Balance, December 31, 2015 305,056 22.64 Performance Stock PSUs are granted to certain employees at no cost to the recipient and are subject to vesting based on achieving certain performance metrics ; the grant of PSUs is subject to approval by the Company’s Compensation Committee at its sole discretion . PSUs may be paid in cash or shares of common stock or a combination thereof. Holders of PSUs have no right to vote the shares represented by the units. Prior to 2015, the PSUs awarded were performance based with the value equal to the fair market value of our common stock on the date of grant and the expense recognized over the vesting period. In 2015, the PSUs awarded were market based awards with the number of PSUs ultimately earned based on the Company’s total shareholder return (“TSR”) as measured over the performance period. Number of Shares of PSUs Weighted Average Grant-Date Fair Value Balance, December 31, 2014 64,081 $ 21.66 Granted 42,142 21.81 Vested - - Forfeited (10,481) 21.28 Balance, December 31, 2015 95,742 18.51 During 2015, PSUs were awarded with a market based component based on total shareholder return. The fair value of each PSU granted is estimated on the date of grant using the Monte Carlo simulation lattice model that uses the assumptions noted in the following table. 2015 Dividend yield (1) 3.12% Expected life in years (2) 2.7 Expected volatility (3) 21.50% Risk-free interest rate (4) 0.75% (1) Calculated as the ratio of the current dividend paid per the stock price on the date of grant. (2) Represents the remaining performance period as of the grant date (3) Based on the historical volatility for the period commensurate with the expected life of the PSUs. (4) Based upon the zero-coupon U.S. Treasury rate commensurate with the expected life of the PSUs on the grant date. The estimated unamortized compensation expense, net of estimated forfeitures, related to stock options, restricted stock , and preferred stock issued and outstanding as of December 31, 2015 that will be recognized in future periods is as follows (dollars in thousands): Stock Options Restricted Stock Preferred Stock Total 2016 $ 115 $ 1,925 $ 444 $ 2,484 2017 14 1,470 206 1,690 2018 - 1,060 - 1,060 2019 - 374 - 374 Total $ 129 $ 4,829 $ 650 $ 5,608 At December 31, 201 5 , there was $5.6 million of total unrecognized compensation cost related to nonvested stock-based compensation arrangements granted under the Amended and Restated SIP . The cost is expect ed to be recognized through 2019 .

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2015
INCOME TAXES [Abstract]
INCOME TAXES	15. INCOME TAXES The Company files income tax returns in the U.S., the Commonwealth of Virginia, and other states. With few exceptions, the Company is no longer subject to U.S. federal or state income tax examinations by tax authorities for years prior to 201 2 . Net deferred tax assets and liabilities consist of the following components as of December 31, 2015 and 2014 (dollars in thousands): 2015 2014 Deferred tax assets: Allowance for loan losses $ 11,916 $ 11,335 Benefit plans 3,475 3,283 Nonaccrual loans 390 534 Acquisition accounting 13,888 17,071 Stock grants 1,679 1,613 Other real estate owned 4,589 3,232 Securities available for sale 105 615 Prime loan swap 2,724 1,753 Investments in pass through entities 1,366 1,681 Other 1,822 2,017 Total deferred tax assets $ 41,954 $ 43,134 Deferred tax liabilities: Acquisition accounting $ 17,196 $ 20,916 Securities available for sale 6,861 9,543 Other 3,103 2,746 Total deferred tax liabilities 27,160 33,205 Net deferred tax asset $ 14,794 $ 9,929 In assessing the ability to realize deferred tax assets, management considers the scheduled reversal of temporary differences, projected future taxable income, and tax planning strategies. At December 31, 201 5 , management continued to believe that it is not likely that the Company would realize its deferred tax asset related to net operating losses generated at the state level and accordingly maintained a valuation allowance of $1.7 mill ion compared to a valuation allowance of $1.4 million at December 31, 2014 . The Bank is not subject to a state income tax in its primary place of business (Virginia). The Company’s other subsidiaries are subject to state income taxes and have generated losses for state income tax purposes for which the Company is currently not able to utilize. The primary driver in management’s estimate of the recoverability of the state net operating loss is related to the recent performance of the Company’s mortgage segment. The Company had s tate net operating loss carryovers of $46.3 million and $39.4 million for the years ended December 31, 2015 and 2014, respectively, which will begin to expire after 2026. The Company has analyzed the tax positions taken or expected to be taken in its tax returns and concluded it has no liability related to uncertain tax positions in accordance with applicable ASC 740, Accounting for Uncertainty in Income Taxes , regulations. The provision for income taxes charged to operations for the years ended December 31, 2015, 2014, and 2013 consists of the following (dollars in thousands): 2015 2014 2013 Current tax expense $ 24,521 $ 15,481 $ 12,623 Deferred tax expense (benefit) (1,212) 2,644 262 Income tax expense $ 23,309 $ 18,125 $ 12,885 The income tax expense differs from the amount of income tax determined by applying the U.S. federal income tax rate to pre-tax income for the years ended December 31, 2015, 2014, and 2013, due to the following (dollars in thousands): 2015 2014 2013 Computed "expected" tax expense $ 31,636 $ 24,601 $ 16,538 (Decrease) in taxes resulting from: Tax-exempt interest income, net (5,865) (5,181) (3,308) Other, net (2,462) (1,295) (345) Income tax expense $ 23,309 $ 18,125 $ 12,885 The effective tax rates w ere 25.8% , 25.8% , and 27.3% for years ended December 31, 201 5 , 201 4 , and 201 3 , respectively. Tax credits totaled approxi mately $913,000 , $667,000 , and $306,000 for the years ended December 31, 201 5 , 201 4, and 201 3 , respectively.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2015
EARNINGS PER SHARE [Abstract]
EARNINGS PER SHARE	16. EARNINGS PER SHARE Basic EPS i s 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 79 ,315 anti-dilutive stock options for the year ended December 31, 201 5 , compared to 169,670 and 104 ,126 shares for the years ended December 31, 201 4 and 201 3 , respectively, which 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 years ended December 31, 2015, 2014, and 2013 (in thousands except per share data): Net Income (Numerator) Weighted Average Shares (Denominator) Per Share Amount For the Year Ended December 31, 2015 Basic EPS $ 67,079 45,055 $1.49 Effect of dilutive stock awards - 84 - Diluted EPS $ 67,079 45,139 $1.49 For the Year Ended December 31, 2014 Basic EPS $ 52,164 46,036 $ 1.13 Effect of dilutive stock awards - 95 - Diluted EPS $ 52,164 46,131 $ 1.13 For the Year Ended December 31, 2013 Basic EPS $ 34,366 24,975 $ 1.38 Effect of dilutive stock awards - 56 - Diluted EPS $ 34,366 25,031 $ 1.37

SEGMENT REPORTING DISCLOSURES

SEGMENT REPORTING DISCLOSURES	12 Months Ended
	Dec. 31, 2015
SEGMENT REPORTING DISCLOSURES [Abstract]
SEGMENT REPORTING DISCLOSURES	17. 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, which provides loan, deposit, investment, and trust services to retail and commercial customers throughout its 124 retail locations in Virginia. The mortgage segment includes UMG, which provides a variety of mortgage loan products principally in Virginia, North Carolina, Maryland, and the Washington D.C. metro area. These loans are originated and primarily sold 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 segment’s business is a primarily fee-based business while the bank segment’s 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 . For the year ended December 31, 2015, the interest rate on the warehouse line of credit was the three month LIBOR rate plus 0.15% with no floor. During 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% through May 31, 2014; beginning June 1, 2014, the interest rate was the one month LIBOR rate plus 1.5% with no floor. For the year ended December 31, 2013, the interest rate on the warehouse line of credit was the thre e month LIBOR rate plus 1.5 % with a floor of 2.0% . These transactions are eliminated in the consolidation process. During 2015, the mortgage segment began originating loans with the intent that they be held for investment purposes. The community bank segment provides the mortgage segment with the long-term funds needed to originate these loans through a long-term funding facility and charges the mortgage segment interest. The interest charged is determined by the community bank segment based on the cost of funds available to the community bank segment for similar durations of the loans being funded by the mortgage segment. 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 years ended December 31, 2015, 2014, and 2013 is as follows (dollars in thousands): UNION BANKSHARES CORPORATION AND SUBSIDIARIES SEGMENT FINANCIAL INFORMATION Community Bank Mortgage Eliminations Consolidated Year Ended December 31, 2015 Net interest income $ 250,510 $ 1,324 $ - $ 251,834 Provision for credit losses 9,450 121 - 9,571 Net interest income after provision for credit losses 241,060 1,203 - 242,263 Noninterest income 55,645 10,044 (682) 65,007 Noninterest expenses 205,993 11,571 (682) 216,882 Income (loss) before income taxes 90,712 (324) - 90,388 Income tax expense (benefit) 23,431 (122) - 23,309 Net income (loss) $ 67,281 $ (202) $ - $ 67,079 Total assets $ 7,690,132 $ 57,900 $ (54,741) $ 7,693,291 Year Ended December 31, 2014 Net interest income $ 253,956 $ 1,062 $ - $ 255,018 Provision for credit losses 7,800 - - 7,800 Net interest income after provision for credit losses 246,156 1,062 - 247,218 Noninterest income 51,878 10,091 (682) 61,287 Noninterest expenses 222,311 16,587 (682) 238,216 Income (loss) before income taxes 75,723 (5,434) - 70,289 Income tax expense (benefit) 20,061 (1,936) - 18,125 Net income (loss) $ 55,662 $ (3,498) $ - $ 52,164 Total assets $ 7,354,058 $ 51,485 $ (46,900) $ 7,358,643 Year Ended December 31, 2013 Net interest income $ 149,975 $ 1,651 $ - $ 151,626 Provision for credit losses 6,056 - - 6,056 Net interest income after provision for credit losses 143,919 1,651 - 145,570 Noninterest income 27,492 11,906 (670) 38,728 Noninterest expenses 120,014 17,703 (670) 137,047 Income (loss) before income taxes 51,397 (4,146) - 47,251 Income tax expense (benefit) 14,372 (1,487) - 12,885 Net income (loss) $ 37,025 $ (2,659) $ - $ 34,366 Total assets $ 4,170,464 $ 63,715 $ (57,826) $ 4,176,353

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2015
RELATED PARTY TRANSACTIONS [Abstract]
RELATED PARTY TRANSACTIONS	18. RELATED PARTY TRANSACTIONS The Company, through its subsidiaries, has entered into loan transactions with its directors, principal officers, and affiliated companies in which they are principal stockholders. Such transactions were made in the ordinary course of business on substantially the same terms, including interest rates and collateral, as those prevailing at the same time for comparable transactions with other customers, and did not, in the opinion of management, involve more than normal credit risk or present other unfavorable features. There were no changes in terms or loan modifications from the preceding period. The following schedule summarizes the changes in loan amounts outstanding to these persons during the periods indicated (dollars in thousands): 2015 2014 Loans outstanding at January 1 $ 34,557 $ 34,883 New loans and advances 5,854 15,731 Loan repayments (7,948) (18,932) Reclassification (1) (22,031) 2,875 Balance at December 31 $ 10,432 $ 34,557 (1) Includes loans (i) to persons no longer affiliated with the Company and therefore not considered related party loans as of period end or (ii) that were not considered related party loans in the prior year that subsequently became related party loans in the current year. T he Company, through its subsidiaries, has also entered into deposit transactions with its directors, principal officers, and affiliated companies in which they are principal s tockholders, all of which are under the same terms as other customers. The aggregate amount of these deposit accounts w as $ 5.5 million a nd $ 14. 7 mil lion, for the years ended December 31, 201 5 and 201 4 , respectively.

PARENT COMPANY FINANCIAL INFORM

PARENT COMPANY FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2015
PARENT COMPANY FINANCIAL INFORMATION [Abstract]
PARENT COMPANY FINANCIAL INFORMATION	19. PARENT COMPANY FINANCIAL INFORMATION The primary source of funds for the dividends paid by Union Bankshares Corporation (for this note only, the “Parent Company”) is dividends received from its subsidiaries. The payments of dividends by the Bank to the Parent Company are subject to certain statutory limitations which contemplate that the current year earnings and earnings retained for the two preceding years may be paid to the Parent Company without regulatory approval. As of December 31, 201 5 , the aggregate amount of unrestricted funds, which could be transferred from the Bank to the Parent Company, without prior regulatory approval, totaled approximately $ 2 4 . 0 m illion, or 2.41 % , of the consolidated net assets. Financial information for the Parent Company is as follows: PARENT COMPANY CONDENSED BALANCE SHEETS AS OF DECEMBER 31, 2015 and 2014 (Dollars in thousands) 2015 2014 ASSETS Cash $ 10,386 $ 9,692 Premises and equipment, net 11,875 12,275 Other assets 8,462 9,498 Investment in subsidiaries 1,067,611 1,053,489 Total assets $ 1,098,334 $ 1,084,954 LIABILITIES AND STOCKHOLDERS' EQUITY Short-term borrowings $ - $ 8,000 Long-term borrowings 7,500 8,125 Trust preferred capital notes 86,312 86,077 Other liabilities 9,155 5,583 Total liabilities 102,967 107,785 Total stockholders' equity 995,367 977,169 Total liabilities and stockholders' equity $ 1,098,334 $ 1,084,954 PARENT COMPANY CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME YEARS ENDED DECEMBER 31, 2015, 2014, and 2013 (Dollars in thousands) 2015 2014 2013 Income: Interest and dividend income $ 8 $ 5 $ 6 Dividends received from subsidiaries 51,496 75,470 31,323 Equity in (distributed) undistributed net income from subsidiaries 20,800 (15,909) 7,555 Other operating income 1,228 1,393 1,155 Total income 73,532 60,959 40,039 Expenses: Interest expense 4,697 4,581 3,060 Occupancy expenses 556 573 583 Furniture and equipment expenses 9 20 - Other operating expenses 1,191 3,621 2,030 Total expenses 6,453 8,795 5,673 Net income $ 67,079 $ 52,164 $ 34,366 Comprehensive income $ 61,076 $ 66,609 $ 22,092 PARENT COMPANY CONDENSED STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2015, 2014, and 2013 (Dollars in thousands) 2015 2014 2013 Operating activities: Net income $ 67,079 $ 52,164 $ 34,366 Adjustments to reconcile net income to net cash provided by operating activities: Equity in distributed (undistributed) net income of subsidiaries (20,800) 15,909 (7,555) Depreciation of premises and equipment 435 464 468 Acquisition accounting amortization, net 235 224 - Issuance of common stock grants for services 564 713 477 Net (increase) decrease in other assets 902 2,964 (2,069) Net (decrease) increase in other liabilities 6,124 (7,286) 1,737 Net cash and cash equivalents provided by operating activities 54,539 65,152 27,424 Investing activities: Net decrease (increase) in premises and equipment (35) 863 - Payments for equity method investment (355) (60) (2,000) Cash received in acquisitions - 4,735 - Net cash and cash equivalents provided by (used in) investing activities (390) 5,538 (2,000) Financing activities: Advances (repayments) of short-term borrowings (8,000) 8,000 - Payments of long-term borrowings (625) (625) (625) Cash dividends paid (29,082) (25,494) (12,535) Net Issuance (repurchase) of common stock (15,748) (52,971) (8,677) Net cash and cash equivalents used in financing activities (53,455) (71,090) (21,837) Net increase (decrease) in cash and cash equivalents 694 (400) 3,587 Cash and cash equivalents at beginning of the period 9,692 10,092 6,505 Cash and cash equivalents at end of the period $ 10,386 $ 9,692 $ 10,092 Supplemental schedule of noncash investing and financing activities Issuance of common stock in exchange for net assets in acquisition $ - $ 549,523 $ - Transactions related to bank acquisition Assets acquired - 2,957,521 - Liabilities assumed - 2,642,120 -

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2015
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	20. SUBSEQUENT EVENTS INSERT SUBSEQUENT EVENT HERE, IF APPLICABLE

SUMMARY OF SIGNIFICANT ACCOUN30

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy)	12 Months Ended
	Dec. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Nature of Operations	Nature of Operations - Union Bankshares Corporation is a financial holding company and a bank holding company headquartered in Richmond, Virginia and committed to the delivery of financial services through its community bank subsidiary Union Bank & Trust and three non-bank financial services affiliates: Union Mortgage Group, Inc., providing a variety of mortgage products, Union Investment Services, Inc., providing securities, brokerage and investment advisory services, and Union Insurance Group, LLC, an insurance agency, which operates in a joint venture with Bankers Insurance, LLC, a large insurance agency owned by community banks across Virginia and managed by the Virginia Bankers Association.
Principles of Consolidation	Principles of Consolidation - The consolidated financial statements include the accounts of the Company, which is a financial holding company and a bank holding company that owns all of the outstanding common stock of its banking subsidiary, Union Bank & Trust and of Union Investment Services, Inc. Union Mortgage Group, Inc. is a wholly owned sub sidiary of Union Bank & Trust. The Company’s Statutory Trusts I and II, wholly owned subsidiaries of the Company, were formed for the purpose of issuing redeemable trust preferred capital notes in connection with two of the Company’s acquisitions prior to 2006. ASC 860, Transfers and Servicing , precludes the Company from consolidating Statutory Trusts I and II. The subordinated debts payable to the trusts are reported as liabilities of the Company. All significant inter-company balances and transactions have been eliminated.
Variable Interest Entities	Variable Interest Entities - Current accounting guidance states that if a business enterprise is the primary beneficiary of a variable interest entity, the assets, liabilities, and results of the activities of the variable interest entity should be included in the consolidated financial statements of the business enterprise. This interpretation explains how to identify variable interest entities and how an enterprise assesses its interest in a variable interest entity to decide whether to consolidate the entity. It also requires existing unconsolidated variable interest entities to be consolidated by their primary beneficiaries if the entities do not effectively disperse risks among parties involved. Variable interest entities that effectively disperse risks will not be consolidated unless a single party holds an interest or combination of interests that effectively recombines risks that were previously dispersed. Management has evaluated the Company’s investment in variable interest entities. The Company’s primary exposure to variable interest entities are the trust preferred securities structures. This accounting guidance has not had a material impact on the financial condition or operating results of the Company .
Use of Estimates	Use of Estimates - The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of goodwill and intangible assets, other real estate owned, deferred tax assets and liabilities, other-than-temporary impairment of securities, and the fair value of financial instruments.
Business Combinations	Business Combinations - Business combinations are accounted for under ASC 805, Business Combinations , using the acquisition method of accounting. The acquisition method of accounting requires an acquirer to recognize the assets acquired and the liabilities assumed at the acquisition date measured at their fair values as of that date. To determine the fair values, the Company utilizes third party valuations, appraisals, and internal valuations based on discounted cash flow analyses or other valuation techniques. Under the acquisition method of accounting, the Company will identify the acquiree and the closing date and apply applicable recognition principles and conditions. If they are necessary to implement its plan to exit an activity of an acquiree, costs that the Company expects, but is not obligated, to incur in the future are not liabilities at the acquisition date, nor are costs to terminate the employment or relocate an acquiree’s employees. The Company does not recognize these costs as part of applying the acquisition method. Instead, the Company recognizes these costs as expenses in its post-combination financial statements in accordance with other applicable GAAP. Acquisition-related costs are costs the Company incurs to effect a business combination. Those costs include advisory, legal, accounting, valuation, and other professional or consulting fees. Some other examples of costs to the Company include systems conversions, integration planning consultants, and advertising costs. The Company will account for acquisition-related costs as expenses in the periods in which the costs are incurred and the services are received, with one exception. The costs to issue debt or equity securities will be recognized in accordance with other applicable accounting guidance. These acquisition-related costs are included within the Company’s Consolidated Statements of Income classified within the noninterest expense caption. On January 1, 2014, the Company completed the acquisition of StellarOne, a bank holding company based in Charlottesville, Virginia, in an all-stock transaction. Additional information on this acquisition is disclosed in Note 2 “Acquisitions.”
Cash and Cash Equivalents	Cash and Cash Equivalents - For purposes of reporting cash flows, the Company defines cash and cash equivalents as cash, cash due from banks, interest-bearing deposits in other banks, money market investments, other interest-bearing deposits, and federal funds sold.
Investment Securities	Investment Securities - Securities classified as available for sale are those debt and equity securities that management intends to hold for an indefinite period of time, including securities used as part of the Company’s asset/liability strategy, and that may be sold in response to changes in interest rates, liquidity needs, or other similar factors. Securities available for sale are reported at fair value, with unrealized gains or losses, net of deferred taxes, included in accumulated other comprehensive income in stockholders’ equity. Debt securities that the Company has the positive intent and ability to hold to maturity are classified as held to maturity and reported at amortized cost. Transfers of debt securities into the held to maturity category from the available for sale category are made at fair value at the date of transfer. The unrealized holding gain or loss at the date of transfer is retained in other comprehensive income and in the carrying value of the held to maturity securities. Such amounts are amortized over the remaining life of the security. Securities classified as held for trading are those debt and equity securities that are bought and held principally for the purpose of selling them in the near term and are reported at fair value, with unrealized gains and losses included in earnings. The Company has no securities in this category. Purchased premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Declines in the fair value of held to maturity and available for sale securities below their cost that are deemed to be other than temporary are reflected in earnings as realized losses. In estimating OTTI losses, 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. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. Due to restrictions placed upon the Company’s common stock investments 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. The FHLB required the Bank to maintain stock in an amount equal to 4.25% and 4.5% of outstanding borrowings and a specific percentage of the member’s total assets at December 31, 2015 and 2014, respectively . The Federal Reserve Bank requires the Company to maintain stock with a par value equal to 6% of its outstanding capital.
Loans Held for Sale	Loans Held for Sale - For loans originated prior to 2015, l oans originated and intended for sale in the secondary market are sold, servicing released, and carried at the lower of cost or estimated fair value, which is determined in the aggregate based on sales commitments to permanent investors or on current market rates for loans of similar quality and type. During 2015, the Company transitioned from the lower of cost or estimate fair value method and elected the fair value option for loans held for sale. For further information regarding the fair value method and assumptions, refer to Note 13 “Fair Value Measurements.” In addition, the Company requires a firm purchase commitment from a permanent investor before a loan can be closed, thus limiting interest rate risk. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. The change in fair value of LHFS is recorded as a component of “ M ortgage banking income , net” with in the Company’s C onsolidated Statements of I ncome .
Loans	Loans - The Company originates commercial and consumer loans to customers. A substantial portion of the loan portfolio is represented by commercial and residential real estate loans (including acquisition and development loans and residential construction loans) throughout its market area. The ability of the Company’s debtors to honor their contracts is dependent upon the real estate and general economic conditions in those markets. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid principal balances adjusted for any charge-offs, the allowance for loan losses, and any deferred fees or costs on originated loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loan yield using the interest method. The Company has two loan portfolio level segments and fourteen loan class levels for reporting purposes. The two loan portfolio level segments are commercial and consumer. Within the commercial loan portfolio segment there are seven loan classes for reporting purposes: 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, and other commercial. Commercial construction loans are generally made to commercial and residential builders for specific construction projects. The successful repayment of these types of loans is generally dependent upon (a) a pre-planned commitment for permanent financing from the Company or another lender, or (b) from the sale of the constructed property. These loans carry more risk than both types of commercial real estate term loans due to the dynamics of construction projects, changes in interest rates, the long-term financing market, and state and local government regulations. As in commercial real estate term lending, the Company manages risk by using specific underwriting policies and procedures for these types of loans and by avoiding concentrations to any one business or industry. Commercial real estate – owner occupied loans are term loans made to support owner occupied real estate properties that rely upon the successful operation of the business occupying the property for repayment. General market conditions and economic activity may affect these types of loans. In addition to using specific underwriting policies and procedures for these types of loans, the Company manages risk by avoiding concentrations to any one business or industry. Commercial real estate – non-owner occupied loans are term loans typically made to borrowers to support income producing properties that rely upon the successful operation of the property for repayment. General market conditions and economic activity may impact the performance of these types of loans. In addition to using specific underwriting policies and procedures for these types of loans, the Company manages risk by diversifying the lending to various lines of businesses, such as retail, office, multi-family, office warehouse, and hotel as well as avoiding concentrations to any one business or industry. Raw land and lot loans are loans generally made to residential home builders to support their land and lot inventory needs. Repayment relies upon the successful performance of the underlying residential real estate project. This type of lending carries a higher level of risk as compared to other commercial lending. This class of lending manages risks related to residential real estate market conditions, a functioning first and secondary market in which to sell residential properties, and the borrower’s ability to manage inventory and run projects. The Company manages this risk by lending to experienced builders and developers, by using specific underwriting policies and procedures for these types of loans, and by avoiding concentrations with any particular customer or geographic region. Single family investment real estate loans are term loans made to real estate investors to support permanent financing for single family residential income producing properties that rely on the successful operation of the property for repayment. This management mainly involves property maintenance and collection of rents due from tenants. This type of lending carries a lower level of risk as compared to other commercial lending. The Company manages this risk by avoiding concentrations with any particular customer or geographic region. Commercial and industrial loans generally support the Company’s borrowers need for equipment/vehicle purchases and other short-term or seasonal cash flow needs. Repayment relies upon the successful operation of the business. This type of lending carries a lower level of commercial credit risk as compared to other commercial lending within this segment of lending. The Company manages this risk by using general underwriting policies and procedures for these types of loans and by avoiding concentrations to any one business or industry. Other commercial loans generally support small business lines of credit and agricultural lending neither of which are a material source of business for the Company. The consumer loan portfolio segment is comprised of seven classes; mortgage, consumer construction, indirect auto, indirect marine, HELOCs, credit card, and other consumer. These are generally small loans spread across many borrowers, supported by computer-based loan approval systems and business line policies and procedures that aid in managing risk. The Company’s consumer portfolio consists principally of loans secured by real estate, followed by indirect auto lending and indirect marine lending. The Company manages the unique risks related to consumer construction to acceptable levels through certain policies and procedures, such as limiting loan-to-value ratios at loan origination, requiring standards for appraisers, and not making subprime loans under any circumstances. The indirect auto lending generally carries certain risks associated with the values of the collateral that management must mitigate. The Company focuses its indirect auto lending on one to two year old used vehicles where substantial depreciation has already occurred thereby minimizing the risk of significant loss of collateral values in the future. This type of lending places reliance on computer-based loan approval systems to supplement other underwriting standards. The indirect marine lending is to borrowers that are well qualified with ample capacity to repay and typically lends against large marine vessels (i.e., yachts). Risks in this class of lending are generally related to the borrower’s ability to guard against the effects of economic downturns or sustained levels of unemployment. This type of lending places reliance on computer-based loan approval systems to supplement other underwriting standards. The Company’s mortgage loan and HELOC portfolios carry risks associated with the creditworthiness of the borrower and changes in loan-to-value ratios. The Company manages these risks through policies and procedures such as limiting loan-to-value ratios at origination, experienced underwriting, requiring standards for appraisers, and not making subprime loans. The credit card and other consumer portfolios carry risks associated with the creditworthiness of the borrower and changes in the economic environment. The Company manages these risks through policies and procedures such as experienced underwriting, maximum debt to income ratios, and minimum borrower credit scores. Nonaccruals, Past Dues, and Charge-offs The policy for placing commercial loans on nonaccrual status is generally when the loan is 90 days delinquent unless the credit is well secured and in process of collection but, in any event, no later than 180 days past due. Consumer loans are typically charged-off when management judges the loan to be uncollectible or the borrower files for bankruptcy but no later than 120 days past due and generally not placed on nonaccrual status prior to charge off. Commercial loans are typically written down to net realizable value when it is determined that the Company will be unable to collect the principal amount in full and the amount is a confirmed loss, in any event no later than 180 days past due. All classes of loans are considered past due or delinquent when a contractual payment has not been satisfied. In all cases, loans are placed on nonaccrual status or charged off at an earlier date if collection of principal and interest is considered doubtful and in accordance with regulatory requirements. The process for charge-offs of impaired collateral dependent loans is discussed in detail within the “Allowance for Loan Losses” section of this Note. For both the commercial and consumer loan segments, all interest accrued but not collected for loans placed on nonaccrual status or charged-off is reversed against interest income and accrual of interest income is terminated. Payments and interest on these loans are accounted for using the cost-recovery method by applying all payments received as a reduction to the outstanding principal balance until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. The determination of future payments being reasonably assured varies depending on the circumstances present with the loan; however, the timely payment of contractual amounts owed for six consecutive months is a primary indicator. In addition, the return of a loan to accrual status is considered and approved by the Company’s Special Assets Loan Committee.
Allowance for Loan Losses	Allowance for Loan Losses The provision for loan losses charged to operations is an amount sufficient to bring the allowance for loan losses to an estimated balance that management considers adequate to absorb probable losses inherent in the portfolio. Loans are charged against the allowance when management believes the collectability of the principal is unlikely. Recoveries of amounts previously charged-off are credited to the allowance. Management’s determination of the adequacy of the allowance is based on an evaluation of the composition of the loan portfolio, the value and adequacy of collateral, current economic conditions, historical loan loss experience, and other risk factors. Management believes that the allowance for loan losses is adequate. While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in economic conditions, particularly those affecting real estate values. In addition, regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses. Such agencies may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination. The Company performs regular credit reviews of the loan portfolio to review the credit quality and adherence to its underwriting standards. The credit reviews consist of reviews by its Loan Review group and reviews performed by an independent third party. Upon origination, each commercial loan is assigned a risk rating ranging from one to nine , with loans closer to one having less risk. This risk rating scale is the Company’s primary credit quality indicator. Consumer loans are generally not risk rated; the primary credit quality indicator for this portfolio segment is delinquency status. The Company has various committees that review and ensure that the allowance for loan losses methodology is in accordance with GAAP and loss factors used appropriately reflect the risk characteristics of the loan portfolio. The Company’s ALL consists of specific, general, and qualitative components. Specific Reserve Component - The specific reserve component relates to impaired loans. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Upon being identified as impaired, for loans not considered to be collateral dependent, an allowance is established when the discounted cash flows of the impaired loan are lower than the carrying value of that loan. The impairment of collateral dependent loans is measured based on the fair value of the underlying collateral (based on independent appraisals), less selling costs, compared to the carrying value of the loan. If the Company determines that the value of an impaired collateral dependent loan is less than the recorded investment in the loan, it either recognizes an impairment reserve as a specific component to be provided for in the allowance for loan losses or charges off the deficiency if it is determined that such amount represents a confirmed loss. Typically, a loss is confirmed when the Company is moving towards foreclosure (or final disposition) of the underlying collateral, the collateral deficiency has not improved for two consecutive quarters, or when there is a payment default of 180 days, whichever occurs first. The Company obtains independent appraisals from a pre-approved list of independent, third party appraisal firms located in the market in which the collateral is located. The Company’s approved appraiser list is continuously maintained to ensure the list only includes such appraisers that have the experience, reputation, character, and knowledge of the respective real estate market. At a minimum, it is ascertained that the appraiser is currently licensed in the state in which the property is located, experienced in the appraisal of properties similar to the property being appraised, has knowledge of current real estate market conditions and financing trends, and is reputable. The Company’s internal Real Estate Valuation Group, which reports to the Risk and Compliance Group, performs either a technical or administrative review of all appraisals obtained. A technical review will ensure the overall quality of the appraisal, while an administrative review ensures that all of the required components of an appraisal are present. Generally, independent appraisals are updated every 12 to 24 months or as necessary. The Company’s impairment analysis documents the date of the appraisal used in the analysis, whether the officer preparing the report deems it current, and, if not, allows for internal valuation adjustments with justification. Adjustments to appraisals generally include discounts for continued market deterioration subsequent to the appraisal date. Any adjustments from the appraised value to carrying value are documented in the impairment analysis, which is reviewed and approved by senior credit administration officers and the Special Assets Loan Committee. External appraisals are the primary source to value collateral dependent loans; however, the Company may also utilize values obtained through broker price opinions or other valuation sources. These alternative sources of value are used only if deemed to be more representative of value based on updated information regarding collateral resolution. Impairment analyses are updated, reviewed, and approved on a quarterly basis at or near the end of each reporting period. General Reserve Component - The general reserve component covers non-impaired loans and is quantitatively derived from an estimate of credit losses adjusted for various environmental factors applicable to both commercial and consumer loan segments. The estimate of credit losses is a function of the product of net charge-off historical loss experience to the loan balance of the loan portfolio averaged during the preceding twelve quarters, as management has determined this to adequately reflect the losses inherent in the loan portfolio. The qualitative environmental factors consist of national, local, and portfolio characteristics and are applied to both the commercial and consumer segments. The following table shows the types of environmental factors management considers: ENVIRONMENTAL FACTORS Portfolio National Local Experience and ability of lending team Interest rates Level of economic activity Depth of lending team Inflation Unemployment Pace of loan growth Unemployment Competition Franchise expansion Gross domestic product Military/government impact Execution of loan risk rating process General market risk and other concerns Degree of oversight / underwriting standards Legislative and regulatory environment Value of real estate serving as collateral Delinquency levels in portfolio Charge-off levels in portfolio Credit concentrations / nature and volume of the portfolio
Impaired Loans	Impaired Loans A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. The impairment loan policy is the same for each of the seven classes within the commercial portfolio segment. For the consumer loan portfolio segment, large groups of smaller balance homogeneous loans are collectively evaluated for impairment. This evaluation subjects each of the Company’s homogenous pools to a historical loss factor derived from net charge-offs experienced over the preceding twelve quarters. The Company applies payments received on impaired loans to principal and interest based on the contractual terms until they are placed on nonaccrual status. All payments received are then applied to reduce the principal balance and recognition of interest income is terminated as previously discussed.
Acquired Loans	Acquired Loans – Acquired loans are recorded at their fair value at acquisition date without carryover of the acquiree’s previously established allowance for loan losses, as credit discounts are included in the determination of fair value. The fair value of the loans is determined using market participant assumptions in estimating the amount and timing of both principal and interest cash flows expected to be collected on the loans and then applying a market-based discount rate to those cash flows. During evaluation upon acquisition, acquired loans are also classified as either acquired impaired (or PCI) or acquired performing. Acquired impaired loans reflect credit quality deterioration since origination; it is probable at acquisition that the Company will not be able to collect all contractually required payments. These PCI loans are accounted for under ASC 310-30, Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality . The PCI loans are segregated into pools based on loan type and credit risk. Loan type is determined based on collateral type, purpose, and lien position. Credit risk characteristics include risk rating groups, nonaccrual status, and past due status. For valuation purposes, these pools are further disaggregated by maturity, pricing characteristic, and re-payment structure. PCI loans are written down at acquisition to fair value using an estimate of cash flows deemed to be collectible. Accordingly, such loans are no longer classified as nonaccrual even though they may be contractually past due because the Company expects to fully collect the new carrying values of such loans, which is the new cost basis arising from purchase accounting. A loan will be removed from a pool (at its carrying value) only if the loan is sold, foreclosed, or assets are received in full satisfaction of the loan. For purposes of removing the loan from the pool, the carrying value is deemed to equal the amount of principal cash flows received in lieu of the loan balance. This treatment ensures that the percentage yield calculation used to recognize accretable yield on the pool of loans is not affected. The future expected cash flows of PCI loans are periodically updated through reassessment of default rates, loss severity, and prepayment speed assumptions. The excess of the cash flows expected to be collected over a pool’s carrying value is considered to be the accretable yield and is recognized as interest income over the estimated life of the loan or pool using the effective yield method. The accretable yield may change due to changes in the timing and amounts of expected cash flows; these changes are disclosed in Note 4 “Loans and Allowance for Loan Losses.” The excess of the undiscounted contractual balances due over the cash flows expected to be collected is considered to be the nonaccretable difference, which represents the estimate of credit losses expected to occur and was considered in determining the fair value of loan at the acquisition date. Any subsequent increases in expected cash flows over those expected at the acquisition date in excess of fair value are adjusted through an increase in the accretable yield on a prospective basis; any decrease in expected cash flows attributable to credit deterioration are recognized by recording a provision for loan losses. The Company’s policy is to remove an individual loan from a pool based on comparing the amount received from its resolution with its contractual amount. Any difference between these amounts is absorbed by the nonaccretable difference for the entire pool. This removal method assumes that the amount received from resolution approximates pool performance expectations. The remaining accretable yield balance is unaffected and any material change in remaining effective yield caused by this removal method is addressed by the quarterly cash flow evaluation process for each pool. For loans that are resolved by payment in full, there is no release of the nonaccretable difference for the pool because there is no difference between the amount received at resolution and the contractual amount of the loan. The PCI loans are and will continue to be subject to the Company’s internal and external credit review and monitoring. If further credit deterioration is experienced, such deterioration will be measured and the provision for loan losses will be increased. At acquisition, loans with active revolving privileges are excluded from the PCI accounting. However, PCI loans do occasionally draw additional funds from the Company. These advances will increase the recorded investment of the PCI loan and will be accounted for with the other PCI loans. Acquired performing loans are accounted for under ASC 310-20, Receivables – Nonrefundable Fees and Other Costs . The difference between the fair value and unpaid principal balance of the loan at acquisition date (premium or discount) is amortized or accreted into interest income over the life of the loans. If the acquired performing loan has revolving privileges, it is accounted for using the straight line method. Otherwise, the effective interest method is used.
Troubled Debt Restructurings	Troubled Debt Restructurings - In situations where, for economic or legal reasons related to a borrower’s financial condition, management may grant a concession to the borrower that it would not otherwise consider, the related loan is classified as a TDR. Management strives to identify borrowers in financial difficulty early and work with them to modify their loan to more affordable terms before their loan reaches nonaccrual status. These modified terms may include rate reductions, principal forgiveness, extension of terms that are considered to be below market, conversion to interest only, and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. In cases where borrowers are granted new terms that provide for a reduction of either interest or principal, management measures any impairment on the restructuring as noted above for impaired loans. Restructured loans for which there was no rate concession, and therefore made at a market rate of interest, may subsequently be eligible to be removed from TDR status in periods subsequent to the restructuring depending on the performance of the loan. The Company reviews previously restructured loans quarterly in order to determine whether any have performed, subsequent to the restructure, at a level that would allow for them to be removed from TDR status. The Company generally would consider a change in this classification if the loan has performed under the restructured terms for a consecutive twelve month period and is no longer considered to be impaired. Loans removed from TDR status are collectively evaluated for impairment; due to the significant improvement in the expected future cash flows, these loans are grouped based on their primary risk characteristics, typically using the Company’s internal risk rating system as its primary credit quality indicator. Impairment is measured based on historical loss experience taking into consideration environmental factors. The significant majority of these loans have been subject to new credit decisions due to the improvement in the expected future cash flows, the financial condition of the borrower, and other factors considered during the re-underwriting. The TDR activity during the year did not have a material impact on the Company’s allowance for loan losses, financial condition, or results of operations.
Premises and Equipment	Premises and Equipment - Land is carried at cost. P remises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are computed using the straight-line method based on the type of asset involved. The Company’s policy is to capitalize additions and improvements and to depreciate the cost thereof over their estimated useful lives ranging from 3 to 40 years. Leasehold improvements are amortized over the shorter of the life of the related lease or the estimated life of the related asset. Maintenance, repairs, and renewals are expensed as they are incurred.
Goodwill and Intangible Assets	Goodwill and Intangible Assets - The Company has an aggregate goodwill balance of $293.5 million associated with previous merger transactions. Goodwill is associated with the both the commercial banking and mortgage segments. Goodwill resulting from business combinations prior to January 1, 2009 represents the excess of the purchase price over the fair value of the net assets of businesses acquired. Goodwill resulting from business combinations after January 1, 2009, is generally determined as the excess of the fair value of the consideration transferred, plus the fair value of any noncontrolling interests in the acquiree, over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. Goodwill and intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not amortized, but tested for impairment at least annually or more frequently if events and circumstances exists that indicate that a goodwill impairment test should be performed. The Company has selected April 30 as the date to perform the annual impairment test. Intangible assets with definite useful lives are amortized over their estimated useful lives, which range from 4 to 14 years, to their estimated residual values. Goodwill is the only intangible asset with an indefinite life on the Company’s Consolidated Balance Sheets. Long-lived assets, including purchased intangible assets subject to amortization, such as the core deposit intangible asset, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized in the amount by which the carrying amount of the asset exceeds the fair value of the asset. Assets to be disposed of would be separately presented in the balance sheet and reported at the lower of the carrying amount or fair value less costs to sell, and are no longer depreciated. Management concluded that no circumstances indicating an impairment of these assets existed as of the balance sheet date. The Company performed its annual impairment testing on April 30, 201 5 and determined that there was no impairment to its goodwill or intangible assets. Management performed a review through December 31, 2015 and concluded that no factors indicating impairment existed as of the balance sheet date.
Other Real Estate Owned	Other Real Estate Owned - Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less selling costs at the date of foreclosure, establishing a new cost basis. When the carrying amount exceeds the acquisition date fair value less selling costs, the excess is charged off against the allowance for loan losses. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell, any valuation adjustments occurring from post-acquisition reviews are charged to expense as incurred. Revenue and expenses from operations and changes in the valuation allowance are included in OREO and credit-related expenses, disclosed in a separate line item on the Company’s Consolidated Statements of Income.
Transfers of Financial Assets	Transfers of Financial Assets - Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company – put presumptively beyond reach of the transferor and its creditors, even in bankruptcy or other receivership, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets.
Bank Owned Life Insurance	Bank Owned Life Insurance - The Company has purchased life insurance on certain key employees and directors. These policies are recorded at their cash surrender value and are included in a separate line item on the Company’s Consolidated Balance Sheets. Income generated from polices is recorded as noninterest income. At December 31, 2015 and 2014, the Bank also had liabilities for post-retirement benefits payable to other partial beneficiaries under some of these life insurance policies of $4.0 million and $3. 8 million, respectively. The Bank is exposed to credit risk to the extent an insurance company is unable to fulfill its financial obligations under a policy.
Derivatives	Derivatives - Derivatives are recognized as assets and liabilities on the Company’s Consolidated Balance Sheets and measured at fair value. The Company’s derivatives are interest rate swap agreements and interest rate lock commitments. The Company’s hedging policies permit the use of various derivative financial instruments to manage interest rate risk or to hedge specified assets and liabilities. All derivatives are recorded at fair value on the balance sheet. The Company may be required to recognize certain contracts and commitments as derivatives when the characteristics of those contracts and commitments meet the definition of a derivative. To qualify for hedge accounting, derivatives must be highly effective at reducing the risk associated with the exposure being hedged and must be designated as a hedge at the inception of the derivative contract. The Company considers a hedge to be highly effective if the change in fair value of the derivative hedging instrument is within 80% to 125% of the opposite change in the fair value of the hedged item attributable to the hedged risk. If derivative instruments are designated as hedges of fair values, and such hedges are highly effective, both the change in the fair value of the hedge and the hedged item are included in current earnings. Fair value adjustments related to cash flow hedges are recorded in other comprehensive income and are reclassified to earnings when the hedged transaction is reflected in earnings. Ineffective portions of hedges are reflected in earnings as they occur. Actual cash receipts and/or payments and related accruals on derivatives related to hedges are recorded as adjustments to the interest income or interest expense associated with the hedged item. During the life of the hedge, the Company formally assesses whether derivatives designated as hedging instruments continue to be highly effective in offsetting changes in the fair value or cash flows of hedged items. If it is determined that a hedge has ceased to be highly effective, the Company will discontinue hedge accounting prospectively. At such time, previous adjustments to the carrying value of the hedged item are reversed into current earnings and the derivative instrument is reclassified to a trading position recorded at fair value. 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 12 0 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. As a result, the Company is not exposed to material losses and will not realize significant gains related to its rate lock commitments due to changes in interest rates. The correlation between the rate lock commitments and the best efforts contracts is high due to their similarity. The market value of rate lock commitments and best efforts contracts 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 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 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 “Mortgage banking income, net” in the Company’s Consolidated Statements of Income.
Loan Fees	Loan Fees - Fees collected and certain costs incurred related to loan originations are deferred and amortized as an adjustment to interest income over the life of the related loans. Deferred fees and costs are recorded as an adjustment to loans outstanding using a method that approximates a constant yield.
Stock Compensation Plan	Stock Compensation Plan - The Company has adopted ASC 718, Compensation – Stock Compensation , which requires the costs resulting from all stock-based payments to employees be recognized in the financial statements. For stock options, compensation cost is estimated at the date of grant, using the Black-Scholes option valuation model for determining fair value of stock options. No options were granted in 201 5 . The market price of the Company’s common stock at the date of grant is used for nonvested stock awards. The fair value of performance stock units (“PSUs”) granted in 2015 , is determined and fixed on the grant date based on the Company’s stock price, adjusted for the exclusion of dividend equivalents. The Monte Carlo simulation valuation model was used to determine the grant date fair value of PSUs granted in 2015 . ASC 718 requires the Company to estimate forfeitures when recognizing compensation expense and that this estimate of forfeitures be adjusted over the requisite service period or vesting schedule based on the extent to which actual forfeitures differ from such estimates. Changes in estimated forfeitures are recognized through a cumulative catch-up adjustment, which is recognized in the period of change, and also will affect the amount of estimated unamortized compensation expense to be recognized in future periods. For more information and tables refer to Note 14 “Employee Benefits and Stock Based Compensation.”
Income Taxes	Income Taxes - Deferred income tax assets and liabilities are determined using the asset and liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax bases of the various balance sheet assets and liabilities and gives current recognition to changes in tax rates and laws. Deferred taxes are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely to be realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying Consolidated Balance Sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Interest and penalties associated with unrecognized tax benefits are classified as additional income taxes in the Company’s Consolidated Statements of Income. The Company did not record any material interest or pen a lties for the periods ending December 31, 201 5 , 201 4 , or 201 3 related to tax positions taken. As of December 31, 201 5 and 201 4 , there were no accruals for uncertain tax positions. The Company and its wholly-owned subsidiaries file a consolidated income tax return. Each entity provides for income taxes based on its contribution to income or loss of the consolidated group.
Advertising Costs	Advertising Costs - The Company follows a policy of charging the cost of advertising to expense as incurred. Advertising costs are disclosed in a separate line item on the Company’s Consolidated Statements of Income.
Earnings Per Common Share	Earnings Per Common Share – Basic EPS is computed by dividing net income by the weighted average number of common shares outstanding during the year. Diluted earnings per common share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate solely to outstanding stock options and restricted stock and are determined using the treasury stock method.
Comprehensive Income	Comprehensive Income - Comprehensive income represents all changes in equity that result from recognized transactions and other economic events of the period. Other comprehensive income (loss) refers to revenues, expenses, gains, and losses under GAAP that are included in comprehensive income but excluded from net income, such as unrealized gains and losses on certain investments in debt and equity securities and interest rate swaps.
Off Balance Sheet Credit Related Financial Instruments	Off Balance Sheet Credit Related Financial Instruments - In the ordinary course of business, the Company has entered into commitments to extend credit and standby letters of credit. Such financial instruments are recorded when they are funded. For more information and tables refer Note 9 “Commitments and Contingencies.”
Fair Value	Fair Value - 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; and 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. For more specific information on the valuation techniques used by the Company to measure certain financial assets and liabilities recorded at fair value in the financial statements refer to Note 13 “Fair Value Measurements ”
Concentrations of Credit Risk	Concentrations of Credit Risk - Most of the Company’s activities are with customers located in portions of Central, Southwest, and Tidewater Virginia. Securities available for sale, loans, and financial instruments with off balance sheet risk also represent concentrations of credit risk and are discussed in Note 3 “Securities,” Note 4 “Loans and Allowance for Loan Losses,” and Note 9 “Commitments and Contingencies,” respectively.
Reclassifications	Reclassifications – The accompanying consolidated financial statements and notes reflect certain reclassifications in prior periods to conform to the current presentation.
Adoption of New Accounting Standards	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 year ended December 31, 2015, the Company recognized amortization of $ 529,000 and tax credits of $8 54,000 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. 9 million and $10.4 million as of December 31, 2015 and December 31, 2014, respectively. The Company recorded a liability of $4. 9 million for the related unfunded commitments as of December 31, 2015, which are expected to be paid from 2015 to 2019.
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 finalizing its assess ment of 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 finalizing its assess ment of the impact of ASU 2015-05 on its consolidated financial statements. In August 2015, the FASB issued ASU No. 2015-15, “Interest—Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements.” This ASU clarifies the guidance issued within ASU 2015-03 described above. Given the absence of authoritative guidance within ASU 2015-03 for debt issuance costs related to line-of-credit arrangements, the SEC staff would not object to an entity presenting the cost of securing a revolving line of credit as an asset, regardless of whether a balance is outstanding. The costs should be amortized over the term of the arrangement. 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 2015-15 to have a material impact on its consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, “Balance Sheet Classification of Deferred Taxes.” This ASU was issued to simplify the classification of deferred tax assets ( “ DTAs ” ) and deferred tax liabilities ( “ DTLs ” ). The amendments require that the net total of DTLs and DTAs be classified as noncurrent in a classified balance sheet and apply to all companies that present a classified balance sheet. Noncurrent balance sheet presentation of all deferred taxes also eliminates the requirement to allocate a valuation allowance on a pro rata basis between gross current and noncurrent DTAs. This ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted. The Company does not expect the adoption of ASU 2015-17 to have a material impact on its consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities.” This ASU requires an entity to: (i) measure equity investments at fair value through net income, with certain exceptions; (ii) present in OCI the changes in instrument-specific credit risk for financial liabilities measured using the fair value option; (iii) present financial assets and financial liabilities by measurement category and form of financial asset; (iv) calculate the fair value of financial instruments for disclosure purposes based on an exit price and; (v) assess a valuation allowance on deferred tax assets related to unrealized losses of AFS debt securities in combination with other deferred tax assets. The Update provides an election to subsequently measure certain nonmarketable equity investments at cost less any impairment and adjusted for certain observable price changes. The Update also requires a qualitative impairment assessment of such equity investments and amends certain fair value disclosure requirements. This ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is only permitted for the provision related to instrument-specific credit risk. The Company is currently assessing the impact of ASU 2016-01 will have on its consolidated financial statements.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2015
ACQUISITIONS [Abstract]
Schedule of Business Acquisition and the Amounts of Acquired Identifiable Assets and Liabilities	The following table provides an assessment of the assets purchased, liabilities assumed, and the consideration transferred (dollars in thousands, except share and per share data): Statement of Net Assets Acquired (at fair value) and consideration transferred: Fair value of assets acquired: Cash and cash equivalents $ 49,989 Securities available for sale 460,892 Loans held for sale 11,377 Loans 2,238,981 Bank premises and equipment 67,164 OREO 4,319 Core deposit intangible 29,570 Other assets 95,229 Total assets $ 2,957,521 Fair value of liabilities assumed: Deposits $ 2,479,874 Short-term borrowings 49,227 Long-term borrowings 98,697 Other liabilities 14,322 Total liabilities $ 2,642,120 Net identifiable assets acquired $ 315,401 Goodwill (1) 234,122 Net assets acquired $ 549,523 Consideration : Company's common shares issued 22,147,874 Purchase price per share of the Company's common stock (2) $ 24.81 Value of Company common stock issued $ 549,489 Value of stock options outstanding 34 Fair value of total consideration transferred $ 549,523 (1) - No goodwill is expected to be deductible for federal income tax purposes. The goodwill was primarily allocated to the community bank segment. (2) - The value of the shares of common stock exchanged with StellarOne shareholders was based upon the closing price of the Company's common stock at December 31, 2013, the last trading day prior to the date of acquisition.
Outstanding Principal Balance and Carrying Amount of Acquired Impaired Loans	The following table presents the acquired impaired loans receivable at the acquisition date (dollars in thousands): Contractually required principal and interest payments $ 214,803 Nonaccretable difference (34,696) Cash flows expected to be collected 180,107 Accretable difference (34,653) Fair value of loans acquired with a deterioration of credit quality $ 145,454
Business Acquisition, Pro Forma Information	Further operating cost savings and other business synergies, including branch closures, as a result of the acquisition are not reflected in the pro forma amounts below (dollars in thousands): 2013 Total revenues (net interest income plus noninterest income) $ 321,739 Net income $ 57,343
Summary of Acquisition-Related Expenses	A summary of acquisition-related expenses associated with the StellarOne acquisition included in the Consolidated Statements of Income is as follows (dollars in thousands): For the year ended December 31, 2014 2013 Salaries and employee benefits $ 7,875 $ - Professional services 3,736 2,132 Other costs of operations 8,734 - Total $ 20,345 $ 2,132
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 years ended December 31, 2015, 2014, and 2013 (dollars in thousands): For the years ended December 31, 2015 2014 2013 Loans (1) $ 4,355 $ 586 $ 2,728 Core deposit intangible (2) (8,445) (9,795) (3,831) Borrowings (3) 424 550 (489) Time deposits (4) 1,843 8,914 7 Net impact to income before taxes $ (1,823) $ 255 $ (1,585) (1) Loan discount accretion 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 premium accretion and discount amortization are 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)	12 Months Ended
	Dec. 31, 2015
Gross Realized Gain and Losses on 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 years ended December 31, 2015, 2014, and 2013 (dollars in thousands). The Company did not sell any investment securities that are held to maturity. 2015 2014 2013 Realized gains (losses): Gross realized gains $ 1,597 $ 1,757 $ 405 Gross realized losses (111) (62) (384) Net realized gains $ 1,486 $ 1,695 $ 21 Proceeds from sales of securities $ 101,154 $ 289,389 $ 43,354
Available-for-sale Securities [Member]
Amortized Cost, Gross Unrealized Gains and Losses, and Estimated Fair Values of Investment Securities	The amortized cost, gross unrealized gains and losses, and estimated fair values of securities available for sale as of December 31, 2015 and 2014 are summarized as follows (dollars in thousands): Amortized Gross Unrealized Estimated Cost Gains (Losses) Fair Value December 31, 2015 Obligations of states and political subdivisions $ 257,740 $ 10,479 $ (140) $ 268,079 Corporate bonds 77,628 55 (1,704) 75,979 Mortgage-backed securities 544,823 6,127 (2,779) 548,171 Other securities 11,085 - (22) 11,063 Total available for sale securities $ 891,276 $ 16,661 $ (4,645) $ 903,292 December 31, 2014 U.S. government and agency securities $ 8,313 $ 166 $ (25) $ 8,454 Obligations of states and political subdivisions 427,483 18,885 (721) 445,647 Corporate bonds 78,744 244 (308) 78,680 Mortgage-backed securities 550,716 9,411 (798) 559,329 Other securities 9,979 31 (6) 10,004 Total available for sale securities $ 1,075,235 $ 28,737 $ (1,858) $ 1,102,114
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 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 December 31, 2015 Obligations of states and political subdivisions $ 8,114 $ (70) $ 4,950 $ (70) $ 13,064 $ (140) Mortgage-backed securities 287,113 (2,442) 21,660 (337) 308,773 (2,779) Corporate bonds and other securities 36,157 (751) 19,558 (975) 55,715 (1,726) Total available for sale $ 331,384 $ (3,263) $ 46,168 $ (1,382) $ 377,552 $ (4,645) December 31, 2014 U.S. government and agency securities $ 7,055 $ (25) $ - $ - $ 7,055 $ (25) Obligations of states and political subdivisions 13,602 (93) 42,514 (628) 56,116 (721) Mortgage-backed securities 60,151 (362) 49,581 (436) 109,732 (798) Corporate bonds and other securities 43,923 (244) 4,309 (70) 48,232 (314) Total available for sale $ 124,731 $ (724) $ 96,404 $ (1,134) $ 221,135 $ (1,858)
Schedule of Amortized Cost and Estimated Fair Value of Securities	The following table presents the amortized cost and estimated fair value of securities as of December 31, 2015 and 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. December 31, 2015 December 31, 2014 Amortized Estimated Amortized Estimated Cost Fair Value Cost Fair Value Due in one year or less $ 8,380 $ 8,370 $ 19,345 $ 19,434 Due after one year through five years 65,326 66,996 41,545 43,070 Due after five years through ten years 296,864 301,920 306,900 314,044 Due after ten years 520,706 526,006 707,445 725,566 Total securities available for sale $ 891,276 $ 903,292 $ 1,075,235 $ 1,102,114
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 December 31, 2015 and 2014 (dollars in thousands): December 31, 2015 December 31, 2014 Estimated Estimated Fair Value Fair Value Public deposits $ 184,635 $ 312,793 Repurchase agreements 126,120 51,842 Other purposes (1) 26,546 32,360 Total pledged securities $ 337,301 $ 396,995 (1) The "Other purposes" category consists of borrowings, derivatives, and accounts held at the Bank.
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 December 31, 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. December 31, 2015 Carrying Estimated Value (1) Fair Value Due in one year or less $ 1,488 $ 1,491 Due after one year through five years 4,294 4,348 Due after five years through ten years 44,736 45,501 Due after ten years 154,856 158,097 Total securities held to maturity $ 205,374 $ 209,437 (1) The carrying value includes $6.8 million of net unrealized gains present at the time of transfer from available for securities, net of any accretion.
Schedule of Carrying Values, 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 December 31, 2015 are summarized as follows (dollars in thousands): Carrying Gross Unrealized Estimated Value (1) Gains (Losses) Fair Value December 31, 2015 Obligations of states and political subdivisions $ 205,374 $ 5,748 $ (1,685) $ 209,437 (1) The carrying value includes $6.8 million of net unrealized gains 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 December 31, 2015 (dollars in thousands): December 31, 2015 Estimated Fair Value Public deposits $ 207,140 Total pledged securities $ 207,140
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 securities 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 December 31, 2015 Obligations of states and political subdivisions $ 7,056 $ (1,685) $ - $ - $ 7,056 $ (1,685)

LOANS AND ALLOWANCE FOR LOAN 33

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	12 Months Ended
	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
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 December 31, 2015 a nd 2014 (dollars in thousands): 2015 2014 Commercial: Commercial Construction $ 484,768 $ 341,280 Commercial Real Estate - Owner Occupied 860,086 875,443 Commercial Real Estate - Non-Owner Occupied 1,618,605 1,509,159 Raw Land and Lots 195,665 211,225 Single Family Investment Real Estate 429,489 412,494 Commercial and Industrial 467,613 393,776 Other Commercial 91,892 81,106 Consumer: Mortgage 474,034 478,151 Consumer Construction 49,359 74,168 Indirect Auto 225,815 199,411 Indirect Marine 43,717 43,190 HELOCs 494,192 500,579 Credit Card - 24,225 Other Consumer 236,227 201,789 Total $ 5,671,462 $ 5,345,996
Summary of Aging of the Loan Portfolio by Class	The following table shows the aging of the Company’s recorded investment in the loan portfolio, by class, at December 31, 2015 (dollars in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater t han 90 Days and still Accruing PCI Nonaccrual Current Total Loans Commercial: Commercial Construction $ 2,377 $ 248 $ - $ 1,404 $ 748 $ 479,991 $ 484,768 Commercial Real Estate - Owner Occupied 1,714 118 103 27,388 3,904 826,859 860,086 Commercial Real Estate - Non-Owner Occupied 771 - 995 15,128 100 1,601,611 1,618,605 Raw Land and Lots 229 - - 4,524 415 190,497 195,665 Single Family Investment Real Estate 2,576 1,783 432 14,371 967 409,360 429,489 Commercial and Industrial 1,029 27 124 1,851 908 463,674 467,613 Other Commercial 296 - 159 744 - 90,693 91,892 Consumer: Mortgage 11,467 4,799 2,889 5,040 1,996 447,843 474,034 Consumer Construction 297 - - 241 869 47,952 49,359 Indirect Auto 2,202 222 50 - 192 223,149 225,815 Indirect Marine 205 - - - - 43,512 43,717 HELOCs 2,504 1,112 762 1,791 910 487,113 494,192 Other Consumer 2,120 1,024 315 1,255 927 230,586 236,227 Total $ 27,787 $ 9,333 $ 5,829 $ 73,737 $ 11,936 $ 5,542,840 $ 5,671,462 The following table shows the aging of the Company’s recorded investment in the loan portfolio, by class, at December 31, 2014 (dollars in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater t han 90 Days and still Accruing PCI Nonaccrual Current Total Loans Commercial: Commercial Construction $ 815 $ - $ - $ 3,782 $ 968 $ 335,715 $ 341,280 Commercial Real Estate - Owner Occupied 621 1,542 1,683 31,167 1,060 839,370 875,443 Commercial Real Estate - Non-Owner Occupied 3,984 237 91 28,869 5,902 1,470,076 1,509,159 Raw Land and Lots 145 44 194 7,427 2,359 201,056 211,225 Single Family Investment Real Estate 2,825 338 734 16,879 2,070 389,648 412,494 Commercial and Industrial 1,250 529 549 3,855 3,286 384,307 393,776 Other Commercial 42 2 - 2,256 74 78,732 81,106 Consumer: Mortgage 12,851 4,300 4,095 7,394 2,485 447,026 478,151 Consumer Construction 120 - 844 516 - 72,688 74,168 Indirect Auto 1,593 263 317 - - 197,238 199,411 Indirect Marine 150 - - - 201 42,839 43,190 HELOCs 3,082 955 820 2,000 258 493,464 500,579 Credit Card 232 108 219 - - 23,666 24,225 Other Consumer 1,587 412 501 1,643 592 197,054 201,789 Total $ 29,297 $ 8,730 $ 10,047 $ 105,788 $ 19,255 $ 5,172,879 $ 5,345,996
Impaired Loans by Class	The following table shows the Company’s impaired loans, excluding PCI loans related to the StellarOne acquisition, by class, at December 31, 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 $ 9,924 $ 10,202 $ - $ 9,415 $ 502 Commercial Real Estate - Owner Occupied 7,781 8,983 - 8,226 199 Commercial Real Estate - Non-Owner Occupied 9,156 9,153 - 9,135 441 Raw Land and Lots 22,986 23,270 - 23,533 1,627 Single Family Investment Real Estate 4,584 5,032 - 4,792 194 Commercial and Industrial 1,655 2,241 - 2,230 61 Other Commercial 309 309 - 324 20 Consumer: Mortgage 1,424 1,892 - 1,801 21 Consumer Construction 370 372 - 377 14 Indirect Auto 7 7 - 9 - HELOCs 1,467 1,546 - 1,535 45 Other Consumer 803 886 - 850 18 Total impaired loans without a specific allowance $ 60,466 $ 63,893 $ - $ 62,227 $ 3,142 Loans with a specific allowance Commercial: Commercial Construction $ 211 $ 211 $ 17 $ 143 $ 3 Commercial Real Estate - Owner Occupied 3,237 3,239 358 3,183 149 Commercial Real Estate - Non-Owner Occupied 907 907 75 920 53 Raw Land and Lots 2,347 2,347 216 2,358 97 Single Family Investment Real Estate 2,144 2,146 174 2,171 100 Commercial and Industrial 2,040 2,039 449 2,273 107 Other Commercial 343 348 28 404 17 Consumer: Mortgage 2,621 2,703 152 2,676 6 Consumer Construction 499 502 298 505 19 Indirect Auto 192 199 2 225 6 HELOCs 650 806 6 771 6 Other Consumer 1,461 1,655 227 1,552 30 Total impaired loans with a specific allowance $ 16,652 $ 17,102 $ 2,002 $ 17,181 $ 593 Total impaired loans $ 77,118 $ 80,995 $ 2,002 $ 79,408 $ 3,735 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 $ 5,281 $ 5,367 $ - $ 5,755 $ 165 Commercial Real Estate - Owner Occupied 15,722 16,430 - 16,774 737 Commercial Real Estate - Non-Owner Occupied 22,917 22,917 - 23,209 1,116 Raw Land and Lots 44,790 47,662 - 47,988 2,124 Single Family Investment Real Estate 4,197 4,881 - 6,534 170 Commercial and Industrial 4,453 7,933 - 5,070 121 Other Commercial 1,536 1,538 - 1,624 90 Consumer: Mortgage 1,571 1,582 - 1,583 58 Indirect Auto - 6 - 4 - Indirect Marine 201 505 - 281 - HELOCs 559 699 - 573 8 Other Consumer 89 208 - 107 - Total impaired loans without a specific allowance $ 101,316 $ 109,728 $ - $ 109,502 $ 4,589 Loans with a specific allowance Commercial: Commercial Construction $ 570 $ 570 $ 51 $ 506 $ 13 Commercial Real Estate - Owner Occupied 5,951 5,999 355 5,946 280 Commercial Real Estate - Non-Owner Occupied 10,575 10,572 2,017 10,823 474 Raw Land and Lots 1,343 1,373 98 1,472 59 Single Family Investment Real Estate 4,125 4,144 562 4,293 159 Commercial and Industrial 2,938 3,009 582 3,125 138 Other Commercial 359 378 32 442 29 Consumer: Mortgage 3,323 3,375 481 3,381 60 Consumer Construction 375 375 34 373 19 Indirect Marine 192 192 5 199 15 HELOCs 434 434 4 436 17 Other Consumer 679 706 310 686 19 Total impaired loans with a specific allowance $ 30,864 $ 31,127 $ 4,531 $ 31,682 $ 1,282 Total impaired loans $ 132,180 $ 140,855 $ 4,531 $ 141,184 $ 5,871
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 in nonaccrual status, which are considered to be nonperforming, as of December 31, 2015 and 2014 (dollars in thousands): December 31, 2015 December 31, 2014 No. of Loans Recorded Investment Outstanding Commitment No. of Loans Recorded Investment Outstanding Commitment Performing Commercial: Commercial Construction 1 $ 296 $ - 1 $ 707 $ - Commercial Real Estate - Owner Occupied 5 1,530 - 3 682 - Commercial Real Estate - Non-Owner Occupied 2 2,390 - 3 3,362 - Raw Land and Lots 5 3,053 - 9 14,777 - Single Family Investment Real Estate 2 443 - 6 1,046 - Commercial and Industrial 5 261 - 9 722 - Other Commercial - - - 1 191 - Consumer: Mortgage 10 1,501 - 7 1,244 - Other Consumer 16 1,306 - 3 98 - Total performing 46 $ 10,780 $ - 42 $ 22,829 $ - Nonperforming Commercial: Commercial Construction 1 $ 288 $ - 1 $ 253 $ - Commercial Real Estate - Owner Occupied 1 137 - 2 153 - Commercial Real Estate - Non-Owner Occupied - - - 1 539 - Raw Land and Lots 1 33 - 2 1,053 - Single Family Investment Real Estate 2 234 - 1 433 - Commercial and Industrial 3 465 - 5 616 - Other Commercial - - - 1 74 - Consumer: Mortgage 3 764 - 2 770 - Other Consumer - - - 1 57 - Total nonperforming 11 $ 1,921 $ - 16 $ 3,948 $ - Total performing and nonperforming 57 $ 12,701 $ - 58 $ 26,777 $ -
Schedule of TDR by Class and Modification Type	The following table shows, by class and modification type, TDRs that occurred during the years ended December 31, 2015 and 2014 (dollars in thousands): 2015 2014 No. of Loans Recorded Investment at Period End No. of Loans Recorded Investment at Period End Modified to interest only, at a market rate Commercial: Commercial and Industrial 1 $ 19 - $ - Consumer: Mortgage 1 21 - - Total interest only at market rate of interest 2 $ 40 - $ - Term modification, at a market rate Commercial: Commercial Real Estate - Owner Occupied 3 $ 282 - $ - Commercial Real Estate - Non-Owner Occupied - - 1 972 Single Family Investment Real Estate - - 1 109 Commercial and Industrial 2 162 1 32 Other Commercial - - 2 265 Consumer: Mortgage 1 102 - - Other Consumer 11 911 - - Total loan term extended at a market rate 17 $ 1,457 5 $ 1,378 Term modification, below market rate Commercial: Commercial Real Estate - Owner Occupied 1 $ 866 - $ - Raw Land and Lots 1 400 - - Consumer: Mortgage 3 677 - - Other Consumer 4 362 - - Total loan term extended at a below market rate 9 $ 2,305 - $ - Total 28 $ 3,802 5 $ 1,378
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 as well as balances of allowance for loan losses and loans based on impairment methodology by portfolio segment for the year ended December 31, 2015 . The table below includes the provision for loan losses. In addition, a $300,000 provision was recognized during the year ended December 31, 2015 for unfunded 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 $ 22,352 $ 10,032 $ 32,384 Recoveries credited to allowance 2,584 1,343 3,927 Loans charged off (6,834) (4,701) (11,535) Provision charged to operations 6,951 2,320 9,271 Balance, end of period $ 25,053 $ 8,994 $ 34,047 Ending Balance, ALL: Loans individually evaluated for impairment $ 1,317 $ 685 $ 2,002 Loans collectively evaluated for impairment 23,736 8,309 32,045 Loans acquired with deteriorated credit quality - - - Total $ 25,053 $ 8,994 $ 34,047 Ending Balance, Loans: Loans individually evaluated for impairment $ 67,177 $ 9,385 $ 76,562 Loans collectively evaluated for impairment 4,015,531 1,505,632 5,521,163 Loans acquired with deteriorated credit quality 65,410 8,327 73,737 Total $ 4,148,118 $ 1,523,344 $ 5,671,462 The following table shows the allowance for loan loss activity as well as balances of allowance for loan losses and loans based on impairment methodology by portfolio segment for the year ended December 31, 2014 . 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 $ 19,908 $ 10,227 $ 30,135 Recoveries credited to allowance 1,963 1,506 3,469 Loans charged off (4,635) (4,385) (9,020) Provision charged to operations 5,116 2,684 7,800 Balance, end of period $ 22,352 $ 10,032 $ 32,384 Ending Balance, ALL: Loans individually evaluated for impairment $ 3,697 $ 834 $ 4,531 Loans collectively evaluated for impairment 18,655 9,198 27,853 Loans acquired with deteriorated credit quality - - - Total $ 22,352 $ 10,032 $ 32,384 Ending Balance, Loans: Loans individually evaluated for impairment $ 123,171 $ 7,242 $ 130,413 Loans collectively evaluated for impairment 3,607,077 1,502,718 5,109,795 Loans acquired with deteriorated credit quality 94,235 11,553 105,788 Total $ 3,824,483 $ 1,521,513 $ 5,345,996 The following table shows the allowance for loan loss activity as well as balances of allowance for loan losses and loans based on impairment methodology by portfolio segment for the year ended December 31, 2013 . 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 $ 24,809 $ 10,107 $ 34,916 Recoveries credited to allowance 1,496 1,285 2,781 Loans charged off (8,534) (5,084) (13,618) Provision charged to operations 2,137 3,919 6,056 Balance, end of period $ 19,908 $ 10,227 $ 30,135 Ending Balance, ALL: Loans individually evaluated for impairment $ 1,152 $ 811 $ 1,963 Loans collectively evaluated for impairment 18,756 9,416 28,172 Loans acquired with deteriorated credit quality - - - Total $ 19,908 $ 10,227 $ 30,135 Ending Balance, Loans: Loans individually evaluated for impairment $ 101,894 $ 7,105 $ 108,999 Loans collectively evaluated for impairment 2,059,079 867,668 2,926,747 Loans acquired with deteriorated credit quality 2,732 890 3,622 Total $ 2,163,705 $ 875,663 $ 3,039,368
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 portfolio by class with their related risk rating current as of December 31, 2015 (dollars in thousands): 0-3 4 5 6 7 8 Total Commercial Construction $ 43,656 $ 409,249 $ 21,725 $ 6,497 $ 2,237 $ - $ 483,364 Commercial Real Estate - Owner Occupied 213,547 587,432 13,642 7,214 8,931 1,932 832,698 Commercial Real Estate - Non-Owner Occupied 493,723 1,075,433 14,606 10,223 9,492 - 1,603,477 Raw Land and Lots 15,728 127,427 7,526 15,689 24,771 - 191,141 Single Family Investment Real Estate 55,812 340,708 7,061 7,362 4,175 - 415,118 Commercial and Industrial 180,478 262,377 13,943 5,435 3,430 99 465,762 Other Commercial 44,403 42,738 2,923 432 652 - 91,148 Total $ 1,047,347 $ 2,845,364 $ 81,426 $ 52,852 $ 53,688 $ 2,031 $ 4,082,708 The following table shows the recorded investment in all loans, excluding PCI loans, in the commercial portfolio 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 $ 22,512 $ 289,064 $ 11,932 $ 10,906 $ 3,084 $ - $ 337,498 Commercial Real Estate - Owner Occupied 185,789 620,587 15,003 7,688 15,209 - 844,276 Commercial Real Estate - Non-Owner Occupied 356,263 1,041,515 22,358 28,388 31,766 - 1,480,290 Raw Land and Lots 11,162 128,281 16,803 4,783 42,769 - 203,798 Single Family Investment Real Estate 59,638 311,900 9,750 6,680 7,647 - 395,615 Commercial and Industrial 138,973 230,084 9,392 4,383 7,089 - 389,921 Other Commercial 31,571 40,913 3,818 844 1,704 - 78,850 Total $ 805,908 $ 2,662,344 $ 89,056 $ 63,672 $ 109,268 $ - $ 3,730,248
Loans Receivables Related Risk Rating Including Purchased Impaired Loans	The following table shows the recorded investment in only PCI loans in the commercial portfolio by class with their related risk rating and credit quality indicator information current as of December 31, 2015 (dollars in thousands): 4 5 6 7 8 Total Commercial Construction $ - $ - $ 61 $ 1,343 $ - $ 1,404 Commercial Real Estate - Owner Occupied 5,260 1,633 13,896 6,599 - 27,388 Commercial Real Estate - Non-Owner Occupied 4,798 5,893 3,187 1,250 - 15,128 Raw Land and Lots 2,059 277 1,439 749 - 4,524 Single Family Investment Real Estate 4,868 1,629 3,821 4,053 - 14,371 Commercial and Industrial 144 48 321 1,317 21 1,851 Other Commercial 83 - 489 172 - 744 Total $ 17,212 $ 9,480 $ 23,214 $ 15,483 $ 21 $ 65,410 The following table shows the recorded investment in only PCI loans in the commercial portfolio 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 $ - $ - $ 3,130 $ 194 $ 458 $ 3,782 Commercial Real Estate - Owner Occupied 1,525 3,546 10,880 15,216 - 31,167 Commercial Real Estate - Non-Owner Occupied 2,837 934 18,736 6,362 - 28,869 Raw Land and Lots 1,564 189 3,148 2,526 - 7,427 Single Family Investment Real Estate 2,807 1,253 6,462 6,357 - 16,879 Commercial and Industrial 437 - 913 2,477 28 3,855 Other Commercial - - 510 1,746 - 2,256 Total $ 9,170 $ 5,922 $ 43,779 $ 34,878 $ 486 $ 94,235
Schedule of Acquired Loan Portfolio and Accretable Yield	The following shows changes in the accretable yield for loans accounted for under ASC 310-30 for the periods presented (dollars in thousands): For the year ended December 31, 2015 2014 Balance at beginning of period $ 28,956 $ 2,980 Additions - 34,653 Accretion (6,084) (7,192) Reclass of nonaccretable difference due to improvement in expected cash flows 3,886 1,873 Other, net (1) (4,619) (3,358) Balance at end of period $ 22,139 $ 28,956 (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 year.
Purchased Impaired [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Summary of Aging of the Loan Portfolio by Class	The following table shows the recorded investment in the PCI commercial and consumer loan portfolios, by class and their delinquency status, at December 31, 2015 (dollars in thousands): 30-89 Days Past Due Greater than 90 Days Current Total Commercial: Commercial Construction $ - $ - $ 1,404 $ 1,404 Commercial Real Estate - Owner Occupied 1,139 1,412 24,837 27,388 Commercial Real Estate - Non-Owner Occupied 755 202 14,171 15,128 Raw Land and Lots 369 - 4,155 4,524 Single Family Investment Real Estate 1,177 618 12,576 14,371 Commercial and Industrial 209 21 1,621 1,851 Other Commercial 13 42 689 744 Consumer: Mortgage 908 1,239 2,893 5,040 Consumer Construction - 241 - 241 HELOCs 410 458 923 1,791 Other Consumer 45 24 1,186 1,255 Total $ 5,025 $ 4,257 $ 64,455 $ 73,737 The following table shows the recorded investment in 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 $ - $ 652 $ 3,130 $ 3,782 Commercial Real Estate - Owner Occupied 1,138 843 29,186 31,167 Commercial Real Estate - Non-Owner Occupied 523 1,255 27,091 28,869 Raw Land and Lots 522 - 6,905 7,427 Single Family Investment Real Estate 1,327 1,311 14,241 16,879 Commercial and Industrial 144 538 3,173 3,855 Other Commercial 107 1,133 1,016 2,256 Consumer: Mortgage 1,975 2,866 2,553 7,394 Consumer Construction - 516 - 516 HELOCs 356 728 916 2,000 Other Consumer 89 171 1,383 1,643 Total $ 6,181 $ 10,013 $ 89,594 $ 105,788

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2015
PREMISES AND EQUIPMENT [Abstract]
Summary of Bank Premises and Equipment	The Company’s premises and equipment as of December 31, 2015 and 2014 are as follows (dollars in thousands): 2015 2014 Land $ 29,839 $ 31,072 Land improvements and buildings 96,943 98,259 Leasehold improvements 8,313 7,950 Furniture and equipment 49,914 47,350 Construction in progress 9,030 9,385 Total 194,039 194,016 Less accumulated depreciation and amortization 68,011 58,769 Bank premises and equipment, net $ 126,028 $ 135,247
Schedule of Future Minimum Rental Payments Required	Future minimum rental payments required under non-cancelable operating leases for premises that have initial or remaining terms in excess of one year as of December 31, 2015 are as follows for the years ending (dollars in thousands): 2016 $ 7,091 2017 6,715 2018 6,454 2019 5,703 2020 4,471 Thereafter 10,887 Total of future payments $ 41,321

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2015 Amortizable core deposit intangibles $ 76,185 $ 52,875 $ 23,310 December 31, 2014 Amortizable core deposit intangibles $ 76,185 $ 44,430 $ 31,755
Estimated Remaining Amortization Expense of Core Deposit Intangibles	As of December 31, 2015 , the estimated remaining amortization expense of core deposit intangibles is as follows (dollars in thousands): 2016 $ 6,932 2017 5,590 2018 4,144 2019 3,093 2020 2,028 Thereafter 1,523 Total estimated amortization expense $ 23,310

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2015
DEPOSITS [Abstract]
Schedule of Deposits by Type	The major types of interest-bearing deposits are as follows for the years end ed December 31, (dollars in thousands): 2015 2014 Interest-bearing deposits: NOW accounts $ 1,521,906 $ 1,332,029 Money market accounts 1,312,612 1,261,520 Savings accounts 572,800 548,526 Time deposits of $250,000 and over 183,520 175,933 Other time deposits 1,000,161 1,121,384 Total interest-bearing deposits $ 4,590,999 $ 4,439,392
Scheduled Maturities of Time Deposits	As of December 31, 2015, the scheduled maturities of time deposits are as follows for the years end ed December 31, (dollars in thousands): 2016 $ 623,912 2017 233,783 2018 139,400 2019 128,837 2020 57,749 Total scheduled maturities of time deposits $ 1,183,681

BORROWINGS (Tables)

BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2015
BORROWINGS [Abstract]
Short-Term Borrowings	Total short-term borrowings consist of the following as of December 31, 2015 and 2014 (dollars in thousands): 2015 2014 Securities sold under agreements to repurchase $ 84,977 $ 44,393 Other short-term borrowings 304,000 343,000 Total short-term borrowings $ 388,977 $ 387,393 Maximum month-end outstanding balance $ 445,761 $ 387,393 Average outstanding balance during the period 379,783 237,896 Average interest rate during the period 0.25% 0.24% Average interest rate at end of period 0.27% 0.31% Other short-term borrowings: FHLB $ 304,000 $ 335,000 Other lines of credit - 8,000
Trust Preferred Capital Notes Qualify for Tier 1 Capital	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 $7.0 million at December 31, 2015. The trust preferred capital notes currently qualify for Tier 1 capital of the Company for regulatory purposes. Trust Preferred Capital Securities (1) Investment (1) Spread to 3-Month LIBOR Rate Maturity Trust Preferred Capital Note - Statutory Trust I $ 22,500,000 $ 696,000 2.75% 3.36% 6/17/2034 Trust Preferred Capital Note - Statutory Trust II 36,000,000 1,114,000 1.40% 2.01% 6/15/2036 VFG Limited Liability Trust I Indenture 20,000,000 619,000 2.73% 3.34% 3/18/2034 FNB Statutory Trust II Indenture 12,000,000 372,000 3.10% 3.71% 6/26/2033 Total $ 90,500,000 $ 2,801,000 (1) The total of the trust preferred capital securities and investments in the respective trusts represents the principal asset of the Company's junior subordinated debt securities with like maturities and like interest rates to the capital securities. The Company's investment in the trusts is reported in "Other Assets" within the Consolidated Balance Sheets.
Advances from the FHLB	As of December 31, 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% 1.05% 8/23/2022 $ 55,000 Adjustable Rate Credit 0.45% 1.07% 11/23/2022 65,000 Adjustable Rate Credit 0.45% 1.07% 11/23/2022 10,000 Adjustable Rate Credit 0.45% 1.07% 11/23/2022 10,000 Fixed Rate - 3.62% 11/28/2017 10,000 Fixed Rate - 3.75% 7/30/2018 5,000 Fixed Rate - 3.97% 7/30/2018 5,000 Fixed Rate Hybrid - 2.11% 10/5/2016 25,000 Fixed Rate Hybrid - 0.91% 7/25/2016 15,000 $ 200,000 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 $ 55,000 Adjustable Rate Credit 0.45% 0.71% 11/23/2022 65,000 Adjustable Rate Credit 0.45% 0.71% 11/23/2022 10,000 Adjustable Rate Credit 0.45% 0.71% 11/23/2022 10,000 Fixed Rate - 3.62% 11/28/2017 10,000 Fixed Rate - 3.44% 7/28/2015 10,000 Fixed Rate - 3.75% 7/30/2018 5,000 Fixed Rate - 3.97% 7/30/2018 5,000 Fixed Rate Hybrid - 2.11% 10/5/2016 25,000 Fixed Rate Hybrid - 0.91% 7/25/2016 15,000 $ 210,000
Contractual Maturities of Long-Term Debt	As of December 31, 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 2016 $ - $ 17,500 $ 40,000 $ 271 $ (1,882) $ 55,889 2017 - - 10,000 170 (1,922) 8,248 2018 - - 10,000 (143) (1,970) 7,887 2019 - - - (286) (2,018) (2,304) 2020 - - - (301) (2,074) (2,375) Thereafter 93,301 - 140,000 (5,622) (3,826) 223,853 Total Long-term borrowings $ 93,301 $ 17,500 $ 200,000 $ (5,911) $ (13,692) $ 291,198

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2015
COMMITMENTS AND CONTINGENCIES [Abstract]
Balances of Commitments and Contingencies	The following table presents the balances of commitments (dollars in thousands): 2015 2014 Commitments with off-balance sheet risk: Commitments to extend credit (1) $ 1,557,350 $ 1,601,287 Standby letters of credit 139,371 117,988 Mortgage loan rate lock commitments 50,369 49,552 Total commitments with off-balance sheet risk $ 1,747,090 $ 1,768,827 Commitments with balance sheet risk: Loans held for sale $ 36,030 $ 42,519 Total other commitments $ 1,783,120 $ 1,811,346 (1) Includes unfunded overdraft protection .

DERIVATIVES (Tables)

DERIVATIVES (Tables)	12 Months Ended
	Dec. 31, 2015
DERIVATIVES [Abstract]
Summary of the Derivatives	The following table summarizes key elements of the Company’s derivative instruments as of December 31, 2015 and 2014, segregated by derivatives that are considered accounting hedges and those that are not (dollars in thousands):

ACCUMULATED OTHER COMPREHENSI40

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2015
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
Change in Accumulated Other Comprehensive Income	The change in accumulated other comprehensive income (loss) for the year ended December 31, 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 Hedges Total Balance - December 31, 2014 $ 17,439 $ - $ (5,184) $ 12,255 Unrealized gain transferred from AFS to HTM (5,251) 5,251 - - Other comprehensive income (loss) (3,640) (819) (1,394) (5,853) Amounts reclassified from accumulated other comprehensive income (771) - 621 (150) Net current period other comprehensive income (loss) (4,411) (819) (773) (6,003) Balance - December 31, 2015 $ 7,777 $ 4,432 $ (5,957) $ 6,252 The change in accumulated other comprehensive income (loss) for the year ended December 31, 2014 is summarized as follows, net of tax (dollars in thousands): Unrealized Gains (Losses) on AFS Securities Change in Fair Value of Cash Flow Hedges Total Balance - December 31, 2013 $ 1,192 $ (3,382) $ (2,190) Other comprehensive income (loss) 17,089 (2,393) 14,696 Amounts reclassified from accumulated other comprehensive income (842) 591 (251) Net current period other comprehensive income (loss) 16,247 (1,802) 14,445 Balance - December 31, 2014 $ 17,439 $ (5,184) $ 12,255 The change in accumulated other comprehensive income (loss) for the year ended December 31, 2013 is summarized as follows, net of tax (dollars in thousands): Unrealized Gains (Losses) on AFS Securities Change in Fair Value of Cash Flow Hedges Total Balance - December 31, 2012 $ 14,573 $ (4,489) $ 10,084 Other comprehensive income (loss) (13,367) 583 (12,784) Amounts reclassified from accumulated other comprehensive income (14) 524 510 Net current period other comprehensive income (loss) (13,381) 1,107 (12,274) Balance - December 31, 2013 $ 1,192 $ (3,382) $ (2,190)

REGULATORY MATTERS AND CAPITAL

REGULATORY MATTERS AND CAPITAL (Tables)	12 Months Ended
	Dec. 31, 2015
REGULATORY MATTERS AND CAPITAL [Abstract]
Schedule of Bank Capital Amount and Ratio	The Company and the Bank’s capital amounts and ratios are also presented in the following table at December 31, 2015 and 2014 (dollars in thousands): Actual Required for Capital Adequacy Purposes Required in Order to Be Well Capitalized Under PCA Amount Ratio Amount Ratio Amount Ratio As of December 31, 2015 Common e quity Tier 1 capital to risk weighted assets: Consolidated $ 691,195 10.55% $ 294,823 4.50% $ NA NA Union Bank & Trust 751,992 11.52% 293,747 4.50% 424,301 6.50% Tier 1 capital to risk weighted assets: Consolidated 781,695 11.93% 393,141 6.00% NA NA Union Bank & Trust 751,992 11.52% 391,663 6.00% 522,217 8.00% Total capital to risk weighted assets: Consolidated 816,041 12.46% 523,943 8.00% NA NA Union Bank & Trust 786,339 12.05% 522,051 8.00% 652,563 10.00% Tier 1 capital to average adjusted assets: Consolidated 781,695 10.68% 292,770 4.00% NA NA Union Bank & Trust 751,992 10.31% 291,752 4.00% 364,691 5.00% As of December 31, 2014 Tier 1 capital to risk weighted assets: Consolidated $ 734,755 12.76% $ 230,331 4.00% $ NA NA Union Bank & Trust 708,453 12.36% 229,273 4.00% 343,909 6.00% Total capital to risk weighted assets: Consolidated 770,585 13.38% 460,738 8.00% NA NA Union Bank & Trust 744,269 12.98% 458,717 8.00% 573,397 10.00% Tier 1 capital to average adjusted assets: Consolidated 734,755 10.62% 276,744 4.00% NA NA Union Bank & Trust 708,453 10.29% 275,395 4.00% 344,243 5.00%

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2015 and 2014 (dollars in thousands): Fair Value Measurements at December 31, 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: Obligations of states and political subdivisions $ - $ 268,079 $ - $ 268,079 Corporate and other bonds - 75,979 - 75,979 Mortgage-backed securities - 548,171 - 548,171 Other securities - 11,063 - 11,063 Loans held for sale - 36,030 - 36,030 Derivatives: Interest rate swap - 3,758 - 3,758 Cash flow hedges - 946 - 946 Interest rate lock commitments - - 701 701 LIABILITIES Derivatives: Interest rate swap $ - $ 3,758 $ - $ 3,758 Cash flow hedges - 10,352 - 10,352 Fair value hedges - 888 - 888 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 $ - $ 8,454 $ - $ 8,454 Obligations of states and political subdivisions - 445,647 - 445,647 Corporate and other bonds - 78,680 - 78,680 Mortgage-backed securities - 559,329 - 559,329 Other securities - 10,004 - 10,004 Derivatives: Interest rate swap - 2,681 - 2,681 Cash flow hedges - 580 - 580 Interest rate lock commitments - - 513 513 LIABILITIES Derivatives: Interest rate swap $ - $ 2,681 $ - $ 2,681 Cash flow hedges - 8,433 - 8,433
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 December 31, 2015 and 2014 (dollars in thousands): Fair Value Measurements at December 31, 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 Impaired loans $ - $ - $ 2,214 $ 2,214 Other real estate owned - - 15,299 15,299 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 $ - $ 42,519 $ - $ 42,519 Impaired loans - - 15,797 15,797 Other real estate owned - - 28,118 28,118
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 as of December 31, 2015 and 2014 are as follows (dollars in thousands): Fair Value Measurements at December 31, 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 $ 142,660 $ 142,660 $ - $ - $ 142,660 Securities available for sale 903,292 - 903,292 - 903,292 Held to maturity securities 205,374 - 209,437 - 209,437 Restricted stock 51,828 - 51,828 - 51,828 Loans held for sale 36,030 - 36,030 - 36,030 Net loans 5,637,415 - - 5,671,155 5,671,155 Derivatives: Interest rate lock commitments 701 - - 701 701 Interest rate swap 3,758 - 3,758 - 3,758 Cash flow hedges 946 - 946 - 946 Accrued interest receivable 20,760 - 20,760 - 20,760 Bank owned life insurance 173,687 - 173,687 - 173,687 LIABILITIES Deposits $ 5,963,936 $ - $ 5,957,484 $ - $ 5,957,484 Borrowings 680,175 - 659,364 - 659,364 Accrued interest payable 1,578 - 1,578 - 1,578 Derivatives: Interest rate swap 3,758 - 3,758 - 3,758 Cash flow hedges 10,352 - 10,352 - 10,352 Fair value hedges 888 - 888 - 888 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 $ 133,260 $ 133,260 $ - $ - $ 133,260 Securities available for sale 1,102,114 - 1,102,114 - 1,102,114 Restricted stock 54,854 - 54,854 - 54,854 Loans held for sale 42,519 - 42,519 - 42,519 Net loans 5,313,612 - - 5,340,759 5,340,759 Derivatives: Interest rate lock commitments 513 - - 513 513 Interest rate swap 2,681 - 2,681 - 2,681 Cash flow hedges 580 - 580 - 580 Accrued interest receivable 21,775 - 21,775 - 21,775 Bank owned life insurance 139,005 - 139,005 - 139,005 LIABILITIES Deposits $ 5,638,770 $ - $ 5,637,929 $ - $ 5,637,929 Borrowings 686,935 - 666,224 - 666,224 Accrued interest payable 1,899 - 1,899 - 1,899 Derivatives: Interest rate swap 2,681 - 2,681 - 2,681 Cash flow hedges 8,433 - 8,433 - 8,433

EMPLOYEE BENEFITS AND STOCK B43

EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2015
EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION [Abstract]
Payment Made for Employee Benefit Plans	The following 401(k) match and other discretionary contributions were made to the Company’s employees, in accordance with the plans described above, in 2015, 2014, and 2013 (dollars in thousands): 2015 2014 2013 401(k) Plan $ 3,120 $ 3,715 $ 2,571 ESOP 1,146 3,440 1,774 Cash 1,146 983 482 Total $ 5,412 $ 8,138 $ 4,827
Schedule of Recognized Stock-Based Compensation Expense	For the years ended December 31, 2015, 2014, and 2013, the Company recognized stock-based compensation expense (included in salaries and benefits expense) (dollars in thousands, except per share data) as follows: Year Ended December 31, 2015 2014 2013 Stock-based compensation expense $1,388 $979 $889 Reduction of income tax expense 405 234 181 Per share compensation cost $0.02 $0.02 $0.04
Summary of Stock Option Activity	The following table summarizes the stock option activity as of December 31, 2015: Stock Options (shares) Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value Outstanding as of December 31, 2014 389,269 $16.69 Granted - - Exercised (60,637) 14.98 Forfeited (3,009) 13.83 Expired (26,880) 23.12 Outstanding as of December 31, 2015 298,743 16.40 4.21 $2,793,148 Exercisable as of December 31, 2015 243,054 17.04 3.83 2,147,472
Summary of Nonvested Stock Activity	The following table summarizes the restricted stock activity for the year ended December 31, 2015 : Number of Shares of RSAs Weighted Average Grant-Date Fair Value Balance, December 31, 2014 223,039 $ 20.07 Granted 166,831 23.99 Net settle for taxes (18,096) 22.99 Vested (54,469) 17.56 Forfeited (12,249) 20.35 Balance, December 31, 2015 305,056 22.64
Summary of Performance Stock Activity	PSUs are granted to certain employees at no cost to the recipient and are subject to vesting based on achieving certain performance metrics ; the grant of PSUs is subject to approval by the Company’s Compensation Committee at its sole discretion . PSUs may be paid in cash or shares of common stock or a combination thereof. Holders of PSUs have no right to vote the shares represented by the units. Prior to 2015, the PSUs awarded were performance based with the value equal to the fair market value of our common stock on the date of grant and the expense recognized over the vesting period. In 2015, the PSUs awarded were market based awards with the number of PSUs ultimately earned based on the Company’s total shareholder return (“TSR”) as measured over the performance period. Number of Shares of PSUs Weighted Average Grant-Date Fair Value Balance, December 31, 2014 64,081 $ 21.66 Granted 42,142 21.81 Vested - - Forfeited (10,481) 21.28 Balance, December 31, 2015 95,742 18.51
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions	The fair value of each PSU granted is estimated on the date of grant using the Monte Carlo simulation lattice model that uses the assumptions noted in the following table. 2015 Dividend yield (1) 3.12% Expected life in years (2) 2.7 Expected volatility (3) 21.50% Risk-free interest rate (4) 0.75% (1) Calculated as the ratio of the current dividend paid per the stock price on the date of grant. (2) Represents the remaining performance period as of the grant date (3) Based on the historical volatility for the period commensurate with the expected life of the PSUs. (4) Based upon the zero-coupon U.S. Treasury rate commensurate with the expected life of the PSUs on the grant date.
Estimated Unamortized Compensation Expense Recognized in Future	The estimated unamortized compensation expense, net of estimated forfeitures, related to stock options, restricted stock , and preferred stock issued and outstanding as of December 31, 2015 that will be recognized in future periods is as follows (dollars in thousands): Stock Options Restricted Stock Preferred Stock Total 2016 $ 115 $ 1,925 $ 444 $ 2,484 2017 14 1,470 206 1,690 2018 - 1,060 - 1,060 2019 - 374 - 374 Total $ 129 $ 4,829 $ 650 $ 5,608

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2015
INCOME TAXES [Abstract]
Schedule of Deferred Tax Assets and Liabilities	Net deferred tax assets and liabilities consist of the following components as of December 31, 2015 and 2014 (dollars in thousands): 2015 2014 Deferred tax assets: Allowance for loan losses $ 11,916 $ 11,335 Benefit plans 3,475 3,283 Nonaccrual loans 390 534 Acquisition accounting 13,888 17,071 Stock grants 1,679 1,613 Other real estate owned 4,589 3,232 Securities available for sale 105 615 Prime loan swap 2,724 1,753 Investments in pass through entities 1,366 1,681 Other 1,822 2,017 Total deferred tax assets $ 41,954 $ 43,134 Deferred tax liabilities: Acquisition accounting $ 17,196 $ 20,916 Securities available for sale 6,861 9,543 Other 3,103 2,746 Total deferred tax liabilities 27,160 33,205 Net deferred tax asset $ 14,794 $ 9,929
Provision for Income Taxes Charged to Operations	The provision for income taxes charged to operations for the years ended December 31, 2015, 2014, and 2013 consists of the following (dollars in thousands): 2015 2014 2013 Current tax expense $ 24,521 $ 15,481 $ 12,623 Deferred tax expense (benefit) (1,212) 2,644 262 Income tax expense $ 23,309 $ 18,125 $ 12,885
Schedule of Income Tax Expense, Difference in Income Tax Rate to Pretax Income	The income tax expense differs from the amount of income tax determined by applying the U.S. federal income tax rate to pre-tax income for the years ended December 31, 2015, 2014, and 2013, due to the following (dollars in thousands): 2015 2014 2013 Computed "expected" tax expense $ 31,636 $ 24,601 $ 16,538 (Decrease) in taxes resulting from: Tax-exempt interest income, net (5,865) (5,181) (3,308) Other, net (2,462) (1,295) (345) Income tax expense $ 23,309 $ 18,125 $ 12,885

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 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 years ended December 31, 2015, 2014, and 2013 (in thousands except per share data): Net Income (Numerator) Weighted Average Shares (Denominator) Per Share Amount For the Year Ended December 31, 2015 Basic EPS $ 67,079 45,055 $1.49 Effect of dilutive stock awards - 84 - Diluted EPS $ 67,079 45,139 $1.49 For the Year Ended December 31, 2014 Basic EPS $ 52,164 46,036 $ 1.13 Effect of dilutive stock awards - 95 - Diluted EPS $ 52,164 46,131 $ 1.13 For the Year Ended December 31, 2013 Basic EPS $ 34,366 24,975 $ 1.38 Effect of dilutive stock awards - 56 - Diluted EPS $ 34,366 25,031 $ 1.37

SEGMENT REPORTING DISCLOSURES (

SEGMENT REPORTING DISCLOSURES (Tables)	12 Months Ended
	Dec. 31, 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 years ended December 31, 2015, 2014, and 2013 is as follows (dollars in thousands): UNION BANKSHARES CORPORATION AND SUBSIDIARIES SEGMENT FINANCIAL INFORMATION Community Bank Mortgage Eliminations Consolidated Year Ended December 31, 2015 Net interest income $ 250,510 $ 1,324 $ - $ 251,834 Provision for credit losses 9,450 121 - 9,571 Net interest income after provision for credit losses 241,060 1,203 - 242,263 Noninterest income 55,645 10,044 (682) 65,007 Noninterest expenses 205,993 11,571 (682) 216,882 Income (loss) before income taxes 90,712 (324) - 90,388 Income tax expense (benefit) 23,431 (122) - 23,309 Net income (loss) $ 67,281 $ (202) $ - $ 67,079 Total assets $ 7,690,132 $ 57,900 $ (54,741) $ 7,693,291 Year Ended December 31, 2014 Net interest income $ 253,956 $ 1,062 $ - $ 255,018 Provision for credit losses 7,800 - - 7,800 Net interest income after provision for credit losses 246,156 1,062 - 247,218 Noninterest income 51,878 10,091 (682) 61,287 Noninterest expenses 222,311 16,587 (682) 238,216 Income (loss) before income taxes 75,723 (5,434) - 70,289 Income tax expense (benefit) 20,061 (1,936) - 18,125 Net income (loss) $ 55,662 $ (3,498) $ - $ 52,164 Total assets $ 7,354,058 $ 51,485 $ (46,900) $ 7,358,643 Year Ended December 31, 2013 Net interest income $ 149,975 $ 1,651 $ - $ 151,626 Provision for credit losses 6,056 - - 6,056 Net interest income after provision for credit losses 143,919 1,651 - 145,570 Noninterest income 27,492 11,906 (670) 38,728 Noninterest expenses 120,014 17,703 (670) 137,047 Income (loss) before income taxes 51,397 (4,146) - 47,251 Income tax expense (benefit) 14,372 (1,487) - 12,885 Net income (loss) $ 37,025 $ (2,659) $ - $ 34,366 Total assets $ 4,170,464 $ 63,715 $ (57,826) $ 4,176,353

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2015
RELATED PARTY TRANSACTIONS [Abstract]
Schedule of Loans and Leases Receivable, Related Parties	The following schedule summarizes the changes in loan amounts outstanding to these persons during the periods indicated (dollars in thousands): 2015 2014 Loans outstanding at January 1 $ 34,557 $ 34,883 New loans and advances 5,854 15,731 Loan repayments (7,948) (18,932) Reclassification (1) (22,031) 2,875 Balance at December 31 $ 10,432 $ 34,557 (1) Includes loans (i) to persons no longer affiliated with the Company and therefore not considered related party loans as of period end or (ii) that were not considered related party loans in the prior year that subsequently became related party loans in the current year.

PARENT COMPANY FINANCIAL INFO48

PARENT COMPANY FINANCIAL INFORMATION (Tables) - Parent Company [Member]	12 Months Ended
	Dec. 31, 2015
Financial Information for the Parent Company - Balance Sheets	Financial information for the Parent Company is as follows: PARENT COMPANY CONDENSED BALANCE SHEETS AS OF DECEMBER 31, 2015 and 2014 (Dollars in thousands) 2015 2014 ASSETS Cash $ 10,386 $ 9,692 Premises and equipment, net 11,875 12,275 Other assets 8,462 9,498 Investment in subsidiaries 1,067,611 1,053,489 Total assets $ 1,098,334 $ 1,084,954 LIABILITIES AND STOCKHOLDERS' EQUITY Short-term borrowings $ - $ 8,000 Long-term borrowings 7,500 8,125 Trust preferred capital notes 86,312 86,077 Other liabilities 9,155 5,583 Total liabilities 102,967 107,785 Total stockholders' equity 995,367 977,169 Total liabilities and stockholders' equity $ 1,098,334 $ 1,084,954
Financial Information for the Parent Company - Statements of Income and Comprehensive Income	PARENT COMPANY CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME YEARS ENDED DECEMBER 31, 2015, 2014, and 2013 (Dollars in thousands) 2015 2014 2013 Income: Interest and dividend income $ 8 $ 5 $ 6 Dividends received from subsidiaries 51,496 75,470 31,323 Equity in (distributed) undistributed net income from subsidiaries 20,800 (15,909) 7,555 Other operating income 1,228 1,393 1,155 Total income 73,532 60,959 40,039 Expenses: Interest expense 4,697 4,581 3,060 Occupancy expenses 556 573 583 Furniture and equipment expenses 9 20 - Other operating expenses 1,191 3,621 2,030 Total expenses 6,453 8,795 5,673 Net income $ 67,079 $ 52,164 $ 34,366 Comprehensive income $ 61,076 $ 66,609 $ 22,092
Financial Information for the Parent Company - Statements of Cash Flows	PARENT COMPANY CONDENSED STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2015, 2014, and 2013 (Dollars in thousands) 2015 2014 2013 Operating activities: Net income $ 67,079 $ 52,164 $ 34,366 Adjustments to reconcile net income to net cash provided by operating activities: Equity in distributed (undistributed) net income of subsidiaries (20,800) 15,909 (7,555) Depreciation of premises and equipment 435 464 468 Acquisition accounting amortization, net 235 224 - Issuance of common stock grants for services 564 713 477 Net (increase) decrease in other assets 902 2,964 (2,069) Net (decrease) increase in other liabilities 6,124 (7,286) 1,737 Net cash and cash equivalents provided by operating activities 54,539 65,152 27,424 Investing activities: Net decrease (increase) in premises and equipment (35) 863 - Payments for equity method investment (355) (60) (2,000) Cash received in acquisitions - 4,735 - Net cash and cash equivalents provided by (used in) investing activities (390) 5,538 (2,000) Financing activities: Advances (repayments) of short-term borrowings (8,000) 8,000 - Payments of long-term borrowings (625) (625) (625) Cash dividends paid (29,082) (25,494) (12,535) Net Issuance (repurchase) of common stock (15,748) (52,971) (8,677) Net cash and cash equivalents used in financing activities (53,455) (71,090) (21,837) Net increase (decrease) in cash and cash equivalents 694 (400) 3,587 Cash and cash equivalents at beginning of the period 9,692 10,092 6,505 Cash and cash equivalents at end of the period $ 10,386 $ 9,692 $ 10,092 Supplemental schedule of noncash investing and financing activities Issuance of common stock in exchange for net assets in acquisition $ - $ 549,523 $ - Transactions related to bank acquisition Assets acquired - 2,957,521 - Liabilities assumed - 2,642,120 -

SUMMARY OF SIGNIFICANT ACCOUN49

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)		12 Months Ended
		Dec. 31, 2015USD ($)loan	Dec. 31, 2014USD ($)
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%
Number of loan portfolio level segments | loan		2
Number of loan class levels for reporting purposes | loan		14
Number of loan class levels for reporting purposes within commercial loan portfolio segment | loan		7
Number of loan class levels for reporting purposes within consumer loan portfolio segment | loan		7
Held to maturity debt securities	[1]	$ 205,374,000
Held for trading securities		$ 0
Future payments, contractual term		6 months
Accruals for uncertain tax positions		$ 0
Impairment charges for goodwill or intangible assets		0
Goodwill		293,522,000	$ 293,522,000
Liabilities for post retirement benefits payable to other beneficiaries		4,000,000	3,800,000
Affordable housing projects, recognized amortization		529,000
Affordable housing projects, tax credits		854,000
Affordable housing projects, liability		4,900,000
Affordable housing projects, investment amount		$ 9,900,000	$ 10,400,000
Minimum [Member]
Commercial loans on nonaccrual status, period		90 days
Period of updating independent appraisal		12 months
Interest rate lock commitments period		30 days
Estimated useful life of bank premises		3 years
Percentage of fair value of the derivative instruments for the hedge to be highly effective		80.00%
Tax Position Benefit Recognition Threshold		50.00%
Maximum [Member]
Maximum period for net realizable value		180 days
Commercial loans on nonaccrual status, period		180 days
Period of updating independent appraisal		24 months
Period past due to charge off consumer loans		120 days
Interest rate lock commitments period		120 days
Estimated useful life of bank premises		40 years
Percentage of fair value of the derivative instruments for the hedge to be highly effective		125.00%
Core Deposits [Member] | Minimum [Member]
Intangible assets, amortization period		4 years
Core Deposits [Member] | Maximum [Member]
Intangible assets, amortization period		14 years
[1]	The carrying value includes $6.8 million of net unrealized gains present at the time of transfer from available for securities, net of any accretion.

ACQUISITIONS (Narrative) (Detai

ACQUISITIONS (Narrative) (Details) - USD ($) $ in Thousands	Jan. 01, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2015
Business Acquisition [Line Items]
Acquisition related cost excluded from supplemental pro forma earnings		$ 20,345	$ 2,132
StellarOne Bank [Member]
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	$ 549,489
Fair value mark related to bank premises	3,200
Acquired performing loans not expected to be collected	$ 35,400
Core deposit intangible assets, amortization period	8 years
Premium on acquired time deposits				$ 10,800
Premium accretion on acquired time deposits period	20 months
Premium on acquired FHLB Advances	$ 3,200
Premium on acquired FHLB advances period	55 months
Discount on acquired trust preferred capital notes	$ 7,500
Discount on acquired trust preferred capital notes period	20 years
Acquisition related cost excluded from supplemental pro forma earnings		$ 20,345	$ 2,132
StellarOne Bank [Member] | Performing Financing Receivable [Member]
Business Acquisition [Line Items]
Acquired performing loans, Fair value	$ 2,100,000
Acquired performing loans, principal and interest payments receivable	2,500,000
StellarOne Bank [Member] | Impaired loans [Member]
Business Acquisition [Line Items]
Fair value of loans acquired with a deterioration of credit quality	$ 145,500

ACQUISITIONS (Schedule of Busin

ACQUISITIONS (Schedule of Business Acquisition and the Amounts of Acquired Identifiable Assets and Liabilities) (Details) - USD ($) $ / shares in Units, $ in Thousands		Jan. 01, 2014	Dec. 31, 2015	Dec. 31, 2014
Fair value of liabilities assumed:
Goodwill			$ 293,522	$ 293,522
StellarOne Bank [Member]
Fair value of assets acquired:
Cash and cash equivalents		$ 49,989
Securities available for sale		460,892
Loans held for sale		11,377
Loans		2,238,981
Bank premise and equipment		67,164
OREO		4,319
Core deposit intangible		29,570
Other assets		95,229
Total assets		2,957,521
Fair value of liabilities assumed:
Deposits		2,479,874
Short-term borrowings		49,227
Long-term borrowings		98,697
Other Liabilities		14,322
Total liabilities		2,642,120
Net identifiable assets acquired		315,401
Goodwill	[1]	234,122
Net assets acquired		$ 549,523
Company's common shares issued		22,147,874
Purchase price per share of the Company's common stock	[2]	$ 24.81
Value of Company common stock issued		$ 549,489
Value of stock options outstanding		34
Fair value of total consideration transferred		$ 549,523
[1]	No goodwill is expected to be deductible for federal income tax purposes. The goodwill was primarily allocated to the community bank segment.
[2]	The value of the shares of common stock exchanged with StellarOne shareholders was based upon the closing price of the Company's common stock at December 31, 2013, the last trading day prior to the date of acquisition.

ACQUISITIONS (Outstanding Princ

ACQUISITIONS (Outstanding Principal Balance and Carrying Amount of Acquired Impaired Loans) (Details) - Purchased Impaired [Member] - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Jan. 01, 2014
Business Acquisition [Line Items]
Total	$ 73,737	$ 105,788
StellarOne Bank [Member]
Business Acquisition [Line Items]
Contractually required principal and interest payments			$ 214,803
Nonaccretable difference			(34,696)
Cash flows expected to be collected			180,107
Accretable difference			(34,653)
Total			$ 145,454

ACQUISITIONS (Business Acquisit

ACQUISITIONS (Business Acquisition, Pro Forma Information) (Details) - StellarOne Bank [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2013USD ($)
Business Acquisition [Line Items]
Total revenues (net interest income plus noninterest income)	$ 321,739
Net income	$ 57,343

ACQUISITIONS (Summary of Acquis

ACQUISITIONS (Summary of Acquisition-Related Expenses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Business Combination, Separately Recognized Transactions [Line Items]
Salaries and employee benefits	$ 104,192	$ 107,804	$ 70,369
Professional services	$ 6,309	5,594	3,419
Total		20,345	2,132
StellarOne Bank [Member]
Business Combination, Separately Recognized Transactions [Line Items]
Salaries and employee benefits		7,875
Professional services		3,736	2,132
Other costs of operations		8,734
Total		$ 20,345	$ 2,132

ACQUISITIONS (Schedule of Effec

ACQUISITIONS (Schedule of Effect of Amortization and Accretion Related to Acquisition) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Business Acquisition [Line Items]
Loans	[1]	$ 4,355	$ 586	$ 2,728
Core deposit intangibles	[2]	(8,445)	(9,795)	(3,831)
Borrowings	[3]	424	550	(489)
Time deposits	[4]	1,843	8,914	7
Net impact to income before taxes		(1,823)	255	$ (1,585)
Parent Company [Member]
Business Acquisition [Line Items]
Net impact to income before taxes		$ (235)	$ (224)
[1]	Loan discount accretion 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 premium accretion and discount amortization are 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)	3 Months Ended			12 Months Ended
	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2015USD ($)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
Federal Home Loan Bank Stock				28,000,000	31,000,000
Securities in a continuous loss position, more than 12 months, unrealized losses				1,382,000	1,134,000
Individual securities that had been in a continuous loss position for more than 12 months, amount				46,168,000	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		6,800,000
Credit-related OTTI	$ 300,000		$ 400,000	$ 300,000
OTTI recovery amount					$ 400,000
Available-for-sale Securities [Member]
Schedule of Investments [Line Items]
Individual securities that had been in a continuous loss position | item				20	60

SECURITIES (Amortized Cost, Gro

SECURITIES (Amortized Cost, Gross Unrealized Gains and Losses, and Estimated Fair Values of Investment Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Available-for-sale Securities, Amortized Cost Basis, Total	$ 891,276	$ 1,075,235
Gross Unrealized Gains	16,661	28,737
Gross Unrealized (Losses)	(4,645)	(1,858)
Available for sale securities, Estimated fair value	903,292	1,102,114
US Government Agencies Debt Securities [Member]
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Available-for-sale Securities, Amortized Cost Basis, Total		8,313
Gross Unrealized Gains		166
Gross Unrealized (Losses)		(25)
Available for sale securities, Estimated fair value		8,454
Obligations of States and Political Subdivisions [Member]
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Available-for-sale Securities, Amortized Cost Basis, Total	257,740	427,483
Gross Unrealized Gains	10,479	18,885
Gross Unrealized (Losses)	(140)	(721)
Available for sale securities, Estimated fair value	268,079	445,647
Corporate and Other Bonds [Member]
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Available-for-sale Securities, Amortized Cost Basis, Total	77,628	78,744
Gross Unrealized Gains	55	244
Gross Unrealized (Losses)	(1,704)	(308)
Available for sale securities, Estimated fair value	75,979	78,680
Mortgage Backed Securities [Member]
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Available-for-sale Securities, Amortized Cost Basis, Total	544,823	550,716
Gross Unrealized Gains	6,127	9,411
Gross Unrealized (Losses)	(2,779)	(798)
Available for sale securities, Estimated fair value	548,171	559,329
Other Securities [Member]
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Available-for-sale Securities, Amortized Cost Basis, Total	11,085	9,979
Gross Unrealized Gains		31
Gross Unrealized (Losses)	(22)	(6)
Available for sale securities, Estimated fair value	$ 11,063	$ 10,004

SECURITIES (Schedule of Gross U

SECURITIES (Schedule of Gross Unrealized Losses and Fair Value of Investments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of gross unrealized losses and fair value of investments
Less than 12 months, Fair value	$ 331,384	$ 124,731
Less than 12 months, Unrealized Losses	(3,263)	(724)
More than 12 Months, Fair value	46,168	96,404
More than 12 Months, Unrealized Losses	(1,382)	(1,134)
Fair value, Total	377,552	221,135
Unrealized Losses, Total	(4,645)	(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	8,114	13,602
Less than 12 months, Unrealized Losses	(70)	(93)
More than 12 Months, Fair value	4,950	42,514
More than 12 Months, Unrealized Losses	(70)	(628)
Fair value, Total	13,064	56,116
Unrealized Losses, Total	(140)	(721)
Mortgage Backed Securities [Member]
Schedule of gross unrealized losses and fair value of investments
Less than 12 months, Fair value	287,113	60,151
Less than 12 months, Unrealized Losses	(2,442)	(362)
More than 12 Months, Fair value	21,660	49,581
More than 12 Months, Unrealized Losses	(337)	(436)
Fair value, Total	308,773	109,732
Unrealized Losses, Total	(2,779)	(798)
Corporate Bonds and Other Securities [Member]
Schedule of gross unrealized losses and fair value of investments
Less than 12 months, Fair value	36,157	43,923
Less than 12 months, Unrealized Losses	(751)	(244)
More than 12 Months, Fair value	19,558	4,309
More than 12 Months, Unrealized Losses	(975)	(70)
Fair value, Total	55,715	48,232
Unrealized Losses, Total	$ (1,726)	$ (314)

SECURITIES (Schedule of Amortiz

SECURITIES (Schedule of Amortized Cost and Estimated Fair Value of Securities) (Details) - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Available-for-sale Securities
Due in one year or less, Amortized Cost		$ 8,380	$ 19,345
Due in one year or less, Estimated Fair Value		8,370	19,434
Due after one year through five years, Amortized Cost		65,326	41,545
Due after one year through five years, Estimated Fair Value		66,996	43,070
Due after five years through ten years, Amortized Cost		296,864	306,900
Due after five years through ten years, Estimated Fair Value		301,920	314,044
Due after ten years, Amortized Cost		520,706	707,445
Due after ten years, Estimated Fair Value		526,006	725,566
Total securities available for sale, Amortized Cost		891,276	1,075,235
Total securities available for sale, Estimated Fair Value		903,292	$ 1,102,114
Held to maturity Securities
Due in one year or less, Carrying Value	[1]	1,488
Due in one year or less, Estimated Fair Value		1,491
Due after one year through five years, Carrying Value	[1]	4,294
Due after one year through five years, Estimated Fair Value		4,348
Due after five years through ten years, Carrying Value	[1]	44,736
Due after five years through ten years, Estimated Fair Value		45,501
Due after ten years, Carrying Value	[1]	154,856
Due after ten years, Estimated Fair Value		158,097
Held-to-maturity Securities, Total	[1]	205,374
Total securities held to maturity, Estimated Fair Value		$ 209,437
[1]	The carrying value includes $6.8 million of net unrealized gains 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	Dec. 31, 2015	Dec. 31, 2014
Available-for-sale Securities [Member]
Schedule of Investments [Line Items]
Total pledged AFS securities, fair value	$ 337,301	$ 396,995
Available-for-sale Securities [Member] | Public Deposits [Member]
Schedule of Investments [Line Items]
Total pledged AFS securities, fair value	184,635	312,793
Available-for-sale Securities [Member] | Repurchase Agreements [Member]
Schedule of Investments [Line Items]
Total pledged AFS securities, fair value	126,120	51,842
Available-for-sale Securities [Member] | Other Purposes [Member]
Schedule of Investments [Line Items]
Total pledged AFS securities, fair value	26,546	$ 32,360
Held-to-maturity Securities [Member]
Schedule of Investments [Line Items]
Total pledged HTM securities, fair value	207,140
Held-to-maturity Securities [Member] | Public Deposits [Member]
Schedule of Investments [Line Items]
Total pledged HTM securities, fair value	$ 207,140

SECURITIES (Schedule of Carryin

SECURITIES (Schedule of Carrying Value, Gross Unrealized Gains and Losses and Estimated Fair Value of Securities) (Details) $ in Thousands	Dec. 31, 2015USD ($)
Schedule of Held-to-maturity Securities [Line Items]
Securities held to maturity, at carrying value	$ 205,374	[1]
Held to maturity securities	209,437
Obligations of States and Political Subdivisions [Member]
Schedule of Held-to-maturity Securities [Line Items]
Securities held to maturity, at carrying value	205,374	[1]
Gross Unrealized Gains	5,748
Gross Unrealized Losses	(1,685)
Held to maturity securities	$ 209,437
[1]	The carrying value includes $6.8 million of net unrealized gains 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) - Obligations of States and Political Subdivisions [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Schedule of Held-to-maturity Securities [Line Items]
Less than 12 months, Fair Value	$ 7,056
Less than 12 months, Unrealized Losses	(1,685)
Fair Value, Total	7,056
Unrealized Losses, Total	$ (1,685)

SECURITIES ( Gross Realized Gai

SECURITIES ( Gross Realized Gains and Losses on the Sale of Securities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
SECURITIES [Abstract]
Gross realized gains	$ 1,597	$ 1,757	$ 405
Gross realized losses	(111)	(62)	(384)
Net realized gains	1,486	1,695	21
Proceeds from sales of securities available for sale	$ 101,154	$ 289,389	$ 43,354

LOANS AND ALLOWANCE FOR LOAN 64

LOANS AND ALLOWANCE FOR LOAN LOSSES (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)loan	Dec. 31, 2013USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held For Investment, Sold	$ 26,400,000
Nonaccrual loans	11,936,000	$ 19,255,000	$ 15,000,000
Nonaccrual interest lost	487,000	795,000	778,000
Average investment in impaired loans	79,408,000	141,184,000	128,500,000
Interest income recorded on impaired loans	3,735,000	5,871,000	4,300,000
Net Income From Sale Of Loans Held For Investment	$ 805,000
Restructured loans that defaulted in the current period		24,000
Period for restructured loan to be considered default	90 days
Loans considered to be trouble debt restructurings	$ 12,701,000	$ 26,777,000
Number of restructured loans that defaulted in current period | loan		1
Provision for unfunded commitments	300,000
Acquired performing loan portfolio	5,671,462,000	$ 5,345,996,000	3,039,368,000
Acquired Performing Loan Portfolio [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchased impaired loans (gross)	90,300,000	126,300,000
Acquired performing loan portfolio	1,400,000,000	1,800,000,000
Remaining discount on acquired loans	20,800,000	24,300,000
Purchased Impaired [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Acquired performing loan portfolio	$ 73,737,000	$ 105,788,000	$ 3,622,000

LOANS AND ALLOWANCE FOR LOAN 65

LOANS AND ALLOWANCE FOR LOAN LOSSES (Loans Stated at Face Amount, Net of Unearned Income) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	$ 5,671,462	$ 5,345,996	$ 3,039,368
Commercial [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	4,148,118	3,824,483	2,163,705
Consumer [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	1,523,344	1,521,513	$ 875,663
Construction Loans [Member] | Commercial [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	484,768	341,280
Construction Loans [Member] | Consumer [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	49,359	74,168
Commercial Real Estate - Owner Occupied [Member] | Commercial [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	860,086	875,443
Commercial Real Estate - Non-Owner Occupied [Member] | Commercial [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	1,618,605	1,509,159
Raw Land and Lots [Member] | Commercial [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	195,665	211,225
Single Family Investment Real Estate [Member] | Commercial [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	429,489	412,494
Commercial and Industrial [Member] | Commercial [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	467,613	393,776
Other Commercial [Member] | Commercial [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	91,892	81,106
Mortgage [Member] | Consumer [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	474,034	478,151
Indirect Auto [Member] | Consumer [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	225,815	199,411
Indirect Marine [Member] | Consumer [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	43,717	43,190
HELOCs [Member] | Consumer [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	494,192	500,579
Credit Card [Member] | Consumer [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs		24,225
Other Consumer [Member] | Consumer [Member]
Loans stated at face amount, net of unearned income
Loans held for investment, net of deferred fees and costs	$ 236,227	$ 201,789

LOANS AND ALLOWANCE FOR LOAN 66

LOANS AND ALLOWANCE FOR LOAN LOSSES (Summary of Aging of the Loan Portfolio by Class) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of aging of the loan portfolio, by class
Nonaccrual	$ 11,936	$ 19,255	$ 15,000
Current	5,542,840	5,172,879
Total Loans	5,671,462	5,345,996	3,039,368
30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	27,787	29,297
60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	9,333	8,730
Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	5,829	10,047
Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	73,737	105,788
Current	64,455	89,594
Total Loans	73,737	105,788	3,622
Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	4,257	10,013
Commercial [Member]
Summary of aging of the loan portfolio, by class
Total Loans	4,148,118	3,824,483	2,163,705
Commercial [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Total Loans	65,410	94,235	2,732
Commercial [Member] | Construction Loans [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual	748	968
Current	479,991	335,715
Total Loans	484,768	341,280
Commercial [Member] | Construction Loans [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	2,377	$ 815
Commercial [Member] | Construction Loans [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	$ 248
Commercial [Member] | Construction Loans [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due
Commercial [Member] | Construction Loans [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	$ 1,404	$ 3,782
Current	1,404	3,130
Total Loans	$ 1,404	3,782
Commercial [Member] | Construction Loans [Member] | Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due		652
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual	$ 3,904	1,060
Current	826,859	839,370
Total Loans	860,086	875,443
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	1,714	621
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	118	1,542
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	103	1,683
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	27,388	31,167
Current	24,837	29,186
Total Loans	27,388	31,167
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	1,412	843
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual	100	5,902
Current	1,601,611	1,470,076
Total Loans	1,618,605	1,509,159
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	$ 771	3,984
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due		237
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	$ 995	91
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	15,128	28,869
Current	14,171	27,091
Total Loans	15,128	28,869
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	202	1,255
Commercial [Member] | Raw Land and Lots [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual	415	2,359
Current	190,497	201,056
Total Loans	195,665	211,225
Commercial [Member] | Raw Land and Lots [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	$ 229	145
Commercial [Member] | Raw Land and Lots [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due		44
Commercial [Member] | Raw Land and Lots [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due		194
Commercial [Member] | Raw Land and Lots [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	$ 4,524	7,427
Current	4,155	6,905
Total Loans	$ 4,524	$ 7,427
Commercial [Member] | Raw Land and Lots [Member] | Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due
Commercial [Member] | Single Family Investment Real Estate [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual	$ 967	$ 2,070
Current	409,360	389,648
Total Loans	429,489	412,494
Commercial [Member] | Single Family Investment Real Estate [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	2,576	2,825
Commercial [Member] | Single Family Investment Real Estate [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	1,783	338
Commercial [Member] | Single Family Investment Real Estate [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	432	734
Commercial [Member] | Single Family Investment Real Estate [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	14,371	16,879
Current	12,576	14,241
Total Loans	14,371	16,879
Commercial [Member] | Single Family Investment Real Estate [Member] | Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	618	1,311
Commercial [Member] | Commercial and Industrial [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual	908	3,286
Current	463,674	384,307
Total Loans	467,613	393,776
Commercial [Member] | Commercial and Industrial [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	1,029	1,250
Commercial [Member] | Commercial and Industrial [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	27	529
Commercial [Member] | Commercial and Industrial [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	124	549
Commercial [Member] | Commercial and Industrial [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	1,851	3,855
Current	1,621	3,173
Total Loans	1,851	3,855
Commercial [Member] | Commercial and Industrial [Member] | Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	$ 21	538
Commercial [Member] | Other Commercial [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual		74
Current	$ 90,693	78,732
Total Loans	91,892	81,106
Commercial [Member] | Other Commercial [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	$ 296	42
Commercial [Member] | Other Commercial [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due		$ 2
Commercial [Member] | Other Commercial [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	$ 159
Commercial [Member] | Other Commercial [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	744	$ 2,256
Current	689	1,016
Total Loans	744	2,256
Commercial [Member] | Other Commercial [Member] | Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	42	1,133
Consumer [Member]
Summary of aging of the loan portfolio, by class
Total Loans	1,523,344	1,521,513	875,663
Consumer [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Total Loans	8,327	$ 11,553	$ 890
Consumer [Member] | Construction Loans [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual	869
Current	47,952	$ 72,688
Total Loans	49,359	74,168
Consumer [Member] | Construction Loans [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	$ 297	$ 120
Consumer [Member] | Construction Loans [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due
Consumer [Member] | Construction Loans [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due		$ 844
Consumer [Member] | Construction Loans [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	$ 241	$ 516
Current
Consumer [Member] | Construction Loans [Member] | Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	241	$ 516
Consumer [Member] | Mortgage [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual	1,996	2,485
Current	447,843	447,026
Total Loans	474,034	478,151
Consumer [Member] | Mortgage [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	11,467	12,851
Consumer [Member] | Mortgage [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	4,799	4,300
Consumer [Member] | Mortgage [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	2,889	4,095
Consumer [Member] | Mortgage [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	5,040	7,394
Current	2,893	2,553
Consumer [Member] | Mortgage [Member] | Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	1,239	$ 2,866
Consumer [Member] | Indirect Auto [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual	192
Current	223,149	$ 197,238
Total Loans	225,815	199,411
Consumer [Member] | Indirect Auto [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	2,202	1,593
Consumer [Member] | Indirect Auto [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	222	263
Consumer [Member] | Indirect Auto [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	$ 50	$ 317
Consumer [Member] | Indirect Auto [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired
Consumer [Member] | Indirect Marine [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual		$ 201
Current	$ 43,512	42,839
Total Loans	43,717	43,190
Consumer [Member] | Indirect Marine [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	$ 205	$ 150
Consumer [Member] | Indirect Marine [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due
Consumer [Member] | Indirect Marine [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due
Consumer [Member] | Indirect Marine [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired
Consumer [Member] | HELOCs [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual	$ 910	$ 258
Current	487,113	493,464
Total Loans	494,192	500,579
Consumer [Member] | HELOCs [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	2,504	3,082
Consumer [Member] | HELOCs [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	1,112	955
Consumer [Member] | HELOCs [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	762	820
Consumer [Member] | HELOCs [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	1,791	2,000
Current	923	916
Consumer [Member] | HELOCs [Member] | Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	458	$ 728
Consumer [Member] | Credit Card [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual
Current		$ 23,666
Total Loans		24,225
Consumer [Member] | Credit Card [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due		232
Consumer [Member] | Credit Card [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due		108
Consumer [Member] | Credit Card [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due		$ 219
Consumer [Member] | Credit Card [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired
Consumer [Member] | Other Consumer [Member]
Summary of aging of the loan portfolio, by class
Nonaccrual	927	$ 592
Current	230,586	197,054
Total Loans	236,227	201,789
Consumer [Member] | Other Consumer [Member] | 30 to 59 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	2,120	1,587
Consumer [Member] | Other Consumer [Member] | 60 to 89 Days Past Due [Member]
Summary of aging of the loan portfolio, by class
Past Due	1,024	412
Consumer [Member] | Other Consumer [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	315	501
Consumer [Member] | Other Consumer [Member] | Purchased Impaired [Member]
Summary of aging of the loan portfolio, by class
Purchased Impaired	1,255	1,643
Current	1,186	1,383
Consumer [Member] | Other Consumer [Member] | Purchased Impaired [Member] | Greater Than 90 Days and still Accruing [Member]
Summary of aging of the loan portfolio, by class
Past Due	$ 24	$ 171

LOANS AND ALLOWANCE FOR LOAN 67

LOANS AND ALLOWANCE FOR LOAN LOSSES (Purchased Impaired Commercial and Consumer Loan Portfolios by Class) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	$ 5,542,840	$ 5,172,879
Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	64,455	89,594
Total	73,737	105,788
Commercial [Member] | Construction Loans [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	479,991	335,715
Commercial [Member] | Construction Loans [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	1,404	3,130
Total	1,404	3,782
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	826,859	839,370
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	24,837	29,186
Total	27,388	31,167
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	1,601,611	1,470,076
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	14,171	27,091
Total	15,128	28,869
Commercial [Member] | Raw Land and Lots [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	190,497	201,056
Commercial [Member] | Raw Land and Lots [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	4,155	6,905
Total	4,524	7,427
Commercial [Member] | Single Family Investment Real Estate [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	409,360	389,648
Commercial [Member] | Single Family Investment Real Estate [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	12,576	14,241
Total	14,371	16,879
Commercial [Member] | Commercial and Industrial [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	463,674	384,307
Commercial [Member] | Commercial and Industrial [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	1,621	3,173
Total	1,851	3,855
Commercial [Member] | Other Commercial [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	90,693	78,732
Commercial [Member] | Other Commercial [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	689	1,016
Total	744	2,256
Consumer [Member] | Construction Loans [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	47,952	$ 72,688
Consumer [Member] | Construction Loans [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current
Total	241	$ 516
Consumer [Member] | Mortgage [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	447,843	447,026
Consumer [Member] | Mortgage [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	2,893	2,553
Total	5,040	7,394
Consumer [Member] | HELOCs [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	487,113	493,464
Consumer [Member] | HELOCs [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	923	916
Total	1,791	2,000
Consumer [Member] | Other Consumer [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	230,586	197,054
Consumer [Member] | Other Consumer [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Current	1,186	1,383
Total	1,255	1,643
30 To 89 Days Past Due [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	$ 5,025	$ 6,181
30 To 89 Days Past Due [Member] | Commercial [Member] | Construction Loans [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due
30 To 89 Days Past Due [Member] | Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	$ 1,139	$ 1,138
30 To 89 Days Past Due [Member] | Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	755	523
30 To 89 Days Past Due [Member] | Commercial [Member] | Raw Land and Lots [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	369	522
30 To 89 Days Past Due [Member] | Commercial [Member] | Single Family Investment Real Estate [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	1,177	1,327
30 To 89 Days Past Due [Member] | Commercial [Member] | Commercial and Industrial [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	209	144
30 To 89 Days Past Due [Member] | Commercial [Member] | Other Commercial [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	$ 13	$ 107
30 To 89 Days Past Due [Member] | Consumer [Member] | Construction Loans [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due
30 To 89 Days Past Due [Member] | Consumer [Member] | Mortgage [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	$ 908	$ 1,975
30 To 89 Days Past Due [Member] | Consumer [Member] | HELOCs [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	410	356
30 To 89 Days Past Due [Member] | Consumer [Member] | Other Consumer [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	45	89
Greater Than 90 Days and still Accruing [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	5,829	10,047
Greater Than 90 Days and still Accruing [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	$ 4,257	$ 10,013
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Construction Loans [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Construction Loans [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due		$ 652
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Commercial Real Estate - Owner Occupied [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	$ 103	1,683
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	1,412	843
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	995	91
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	$ 202	1,255
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Raw Land and Lots [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due		$ 194
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Raw Land and Lots [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Single Family Investment Real Estate [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	$ 432	$ 734
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Single Family Investment Real Estate [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	618	1,311
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Commercial and Industrial [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	124	549
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Commercial and Industrial [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	21	$ 538
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Other Commercial [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	159
Greater Than 90 Days and still Accruing [Member] | Commercial [Member] | Other Commercial [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	$ 42	$ 1,133
Greater Than 90 Days and still Accruing [Member] | Consumer [Member] | Construction Loans [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due		844
Greater Than 90 Days and still Accruing [Member] | Consumer [Member] | Construction Loans [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	$ 241	516
Greater Than 90 Days and still Accruing [Member] | Consumer [Member] | Mortgage [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	2,889	4,095
Greater Than 90 Days and still Accruing [Member] | Consumer [Member] | Mortgage [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	1,239	2,866
Greater Than 90 Days and still Accruing [Member] | Consumer [Member] | HELOCs [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	762	820
Greater Than 90 Days and still Accruing [Member] | Consumer [Member] | HELOCs [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	458	728
Greater Than 90 Days and still Accruing [Member] | Consumer [Member] | Other Consumer [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	315	501
Greater Than 90 Days and still Accruing [Member] | Consumer [Member] | Other Consumer [Member] | Purchased Impaired [Member]
Schedule of purchased impaired commercial and consumer loan portfolios, by class
Past Due	$ 24	$ 171

LOANS AND ALLOWANCE FOR LOAN 68

LOANS AND ALLOWANCE FOR LOAN LOSSES (Impaired Loans Individually Evaluated for Impairment by Class) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	$ 60,466	$ 101,316
Loans without a specific allowance, Unpaid Principal Balance	63,893	109,728
Loans without a specific allowance, YTD Average Investment	62,227	109,502
Loans without a specific allowance, Interest Income Recognized	3,142	4,589
Loans with a specific allowance, Recorded Investment	16,652	30,864
Loans with a specific allowance, Unpaid Principal Balance	17,102	31,127
Loans with a specific allowance, Related Allowance	2,002	4,531
Loans with a specific allowance, YTD Average Investment	17,181	31,682
Loans with a specific allowance, Interest Income Recognized	593	1,282
Recorded Investment	77,118	132,180
Unpaid Principal Balance	80,995	140,855
Year to Date Average Investment	79,408	141,184	$ 128,500
Interest Income Recognized	3,735	5,871	$ 4,300
Construction Loans [Member] | Commercial [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	9,924	5,281
Loans without a specific allowance, Unpaid Principal Balance	10,202	5,367
Loans without a specific allowance, YTD Average Investment	9,415	5,755
Loans without a specific allowance, Interest Income Recognized	502	165
Loans with a specific allowance, Recorded Investment	211	570
Loans with a specific allowance, Unpaid Principal Balance	211	570
Loans with a specific allowance, Related Allowance	17	51
Loans with a specific allowance, YTD Average Investment	143	506
Loans with a specific allowance, Interest Income Recognized	3	13
Construction Loans [Member] | Consumer [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	370
Loans without a specific allowance, Unpaid Principal Balance	372
Loans without a specific allowance, YTD Average Investment	377
Loans without a specific allowance, Interest Income Recognized	14
Loans with a specific allowance, Recorded Investment	499	375
Loans with a specific allowance, Unpaid Principal Balance	502	375
Loans with a specific allowance, Related Allowance	298	34
Loans with a specific allowance, YTD Average Investment	505	373
Loans with a specific allowance, Interest Income Recognized	19	19
Commercial Real Estate - Owner Occupied [Member] | Commercial [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	7,781	15,722
Loans without a specific allowance, Unpaid Principal Balance	8,983	16,430
Loans without a specific allowance, YTD Average Investment	8,226	16,774
Loans without a specific allowance, Interest Income Recognized	199	737
Loans with a specific allowance, Recorded Investment	3,237	5,951
Loans with a specific allowance, Unpaid Principal Balance	3,239	5,999
Loans with a specific allowance, Related Allowance	358	355
Loans with a specific allowance, YTD Average Investment	3,183	5,946
Loans with a specific allowance, Interest Income Recognized	149	280
Commercial Real Estate - Non-Owner Occupied [Member] | Commercial [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	9,156	22,917
Loans without a specific allowance, Unpaid Principal Balance	9,153	22,917
Loans without a specific allowance, YTD Average Investment	9,135	23,209
Loans without a specific allowance, Interest Income Recognized	441	1,116
Loans with a specific allowance, Recorded Investment	907	10,575
Loans with a specific allowance, Unpaid Principal Balance	907	10,572
Loans with a specific allowance, Related Allowance	75	2,017
Loans with a specific allowance, YTD Average Investment	920	10,823
Loans with a specific allowance, Interest Income Recognized	53	474
Raw Land and Lots [Member] | Commercial [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	22,986	44,790
Loans without a specific allowance, Unpaid Principal Balance	23,270	47,662
Loans without a specific allowance, YTD Average Investment	23,533	47,988
Loans without a specific allowance, Interest Income Recognized	1,627	2,124
Loans with a specific allowance, Recorded Investment	2,347	1,343
Loans with a specific allowance, Unpaid Principal Balance	2,347	1,373
Loans with a specific allowance, Related Allowance	216	98
Loans with a specific allowance, YTD Average Investment	2,358	1,472
Loans with a specific allowance, Interest Income Recognized	97	59
Single Family Investment Real Estate [Member] | Commercial [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	4,584	4,197
Loans without a specific allowance, Unpaid Principal Balance	5,032	4,881
Loans without a specific allowance, YTD Average Investment	4,792	6,534
Loans without a specific allowance, Interest Income Recognized	194	170
Loans with a specific allowance, Recorded Investment	2,144	4,125
Loans with a specific allowance, Unpaid Principal Balance	2,146	4,144
Loans with a specific allowance, Related Allowance	174	562
Loans with a specific allowance, YTD Average Investment	2,171	4,293
Loans with a specific allowance, Interest Income Recognized	100	159
Commercial and Industrial [Member] | Commercial [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	1,655	4,453
Loans without a specific allowance, Unpaid Principal Balance	2,241	7,933
Loans without a specific allowance, YTD Average Investment	2,230	5,070
Loans without a specific allowance, Interest Income Recognized	61	121
Loans with a specific allowance, Recorded Investment	2,040	2,938
Loans with a specific allowance, Unpaid Principal Balance	2,039	3,009
Loans with a specific allowance, Related Allowance	449	582
Loans with a specific allowance, YTD Average Investment	2,273	3,125
Loans with a specific allowance, Interest Income Recognized	107	138
Other Commercial [Member] | Commercial [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	309	1,536
Loans without a specific allowance, Unpaid Principal Balance	309	1,538
Loans without a specific allowance, YTD Average Investment	324	1,624
Loans without a specific allowance, Interest Income Recognized	20	90
Loans with a specific allowance, Recorded Investment	343	359
Loans with a specific allowance, Unpaid Principal Balance	348	378
Loans with a specific allowance, Related Allowance	28	32
Loans with a specific allowance, YTD Average Investment	404	442
Loans with a specific allowance, Interest Income Recognized	17	29
Mortgage [Member] | Consumer [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	1,424	1,571
Loans without a specific allowance, Unpaid Principal Balance	1,892	1,582
Loans without a specific allowance, YTD Average Investment	1,801	1,583
Loans without a specific allowance, Interest Income Recognized	21	58
Loans with a specific allowance, Recorded Investment	2,621	3,323
Loans with a specific allowance, Unpaid Principal Balance	2,703	3,375
Loans with a specific allowance, Related Allowance	152	481
Loans with a specific allowance, YTD Average Investment	2,676	3,381
Loans with a specific allowance, Interest Income Recognized	6	60
Indirect Auto [Member] | Consumer [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	7
Loans without a specific allowance, Unpaid Principal Balance	7	6
Loans without a specific allowance, YTD Average Investment	$ 9	4
Loans without a specific allowance, Interest Income Recognized
Loans with a specific allowance, Recorded Investment	$ 192
Loans with a specific allowance, Unpaid Principal Balance	199
Loans with a specific allowance, Related Allowance	2
Loans with a specific allowance, YTD Average Investment	225
Loans with a specific allowance, Interest Income Recognized	6
Indirect Marine [Member] | Consumer [Member]
Impaired loans individually evaluated for impairment, by class
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		192
Loans with a specific allowance, Unpaid Principal Balance		192
Loans with a specific allowance, Related Allowance		5
Loans with a specific allowance, YTD Average Investment		199
Loans with a specific allowance, Interest Income Recognized		15
HELOCs [Member] | Consumer [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	1,467	559
Loans without a specific allowance, Unpaid Principal Balance	1,546	699
Loans without a specific allowance, YTD Average Investment	1,535	573
Loans without a specific allowance, Interest Income Recognized	45	8
Loans with a specific allowance, Recorded Investment	650	434
Loans with a specific allowance, Unpaid Principal Balance	806	434
Loans with a specific allowance, Related Allowance	6	4
Loans with a specific allowance, YTD Average Investment	771	436
Loans with a specific allowance, Interest Income Recognized	6	17
Other Consumer [Member] | Consumer [Member]
Impaired loans individually evaluated for impairment, by class
Loans without a specific allowance, Recorded Investment	803	89
Loans without a specific allowance, Unpaid Principal Balance	886	208
Loans without a specific allowance, YTD Average Investment	850	107
Loans without a specific allowance, Interest Income Recognized	18
Loans with a specific allowance, Recorded Investment	1,461	679
Loans with a specific allowance, Unpaid Principal Balance	1,655	706
Loans with a specific allowance, Related Allowance	227	310
Loans with a specific allowance, YTD Average Investment	1,552	686
Loans with a specific allowance, Interest Income Recognized	$ 30	$ 19

LOANS AND ALLOWANCE FOR LOAN 69

LOANS AND ALLOWANCE FOR LOAN LOSSES (Summary of Modified Loans that Continue to Accrue Interest Under the Terms of Restructuring Agreement) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)loan	Dec. 31, 2014USD ($)loan
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	57	58
Recorded Investment	$ 12,701	$ 26,777
Outstanding Commitment
Performing Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	46	42
Recorded Investment	$ 10,780	$ 22,829
Outstanding Commitment
Nonperforming Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	11	16
Recorded Investment	$ 1,921	$ 3,948
Outstanding Commitment
Commercial [Member] | Construction Loans [Member] | Performing Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	1	1
Recorded Investment	$ 296	$ 707
Outstanding Commitment
Commercial [Member] | Construction Loans [Member] | Nonperforming Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	1	1
Recorded Investment	$ 288	$ 253
Outstanding Commitment
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | Performing Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	5	3
Recorded Investment	$ 1,530	$ 682
Outstanding Commitment
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | Nonperforming Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	1	2
Recorded Investment	$ 137	$ 153
Outstanding Commitment
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | Performing Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	2	3
Recorded Investment	$ 2,390	$ 3,362
Outstanding Commitment
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | Nonperforming Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan		1
Recorded Investment		$ 539
Outstanding Commitment
Commercial [Member] | Raw Land and Lots [Member] | Performing Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	5	9
Recorded Investment	$ 3,053	$ 14,777
Outstanding Commitment
Commercial [Member] | Raw Land and Lots [Member] | Nonperforming Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	1	2
Recorded Investment	$ 33	$ 1,053
Outstanding Commitment
Commercial [Member] | Single Family Investment Real Estate [Member] | Performing Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	2	6
Recorded Investment	$ 443	$ 1,046
Outstanding Commitment
Commercial [Member] | Single Family Investment Real Estate [Member] | Nonperforming Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	2	1
Recorded Investment	$ 234	$ 433
Outstanding Commitment
Commercial [Member] | Commercial and Industrial [Member] | Performing Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	5	9
Recorded Investment	$ 261	$ 722
Outstanding Commitment
Commercial [Member] | Commercial and Industrial [Member] | Nonperforming Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	3	5
Recorded Investment	$ 465	$ 616
Outstanding Commitment
Commercial [Member] | Other Commercial [Member] | Performing Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan		1
Recorded Investment		$ 191
Outstanding Commitment
Commercial [Member] | Other Commercial [Member] | Nonperforming Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan		1
Recorded Investment		$ 74
Outstanding Commitment
Consumer [Member] | Mortgage [Member] | Performing Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	10	7
Recorded Investment	$ 1,501	$ 1,244
Outstanding Commitment
Consumer [Member] | Mortgage [Member] | Nonperforming Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	3	2
Recorded Investment	$ 764	$ 770
Outstanding Commitment
Consumer [Member] | Other Consumer [Member] | Performing Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan	16	3
Recorded Investment	$ 1,306	$ 98
Outstanding Commitment
Consumer [Member] | Other Consumer [Member] | Nonperforming Financing Receivable [Member]
Summary, by class and modification type, of continue accrue interest under the terms of restructuring agreement
No. of Loans | loan		1
Recorded Investment		$ 57
Outstanding Commitment

LOANS AND ALLOWANCE FOR LOAN 70

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of TDR by Class and Modification Type) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)loan	Dec. 31, 2014USD ($)loan
Schedule of TDR by class and modification type
No. of Loans | loan	28	5
Recorded investment at period end | $	$ 3,802	$ 1,378
Trouble Debt Restructuring Term Modification at Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	17	5
Recorded investment at period end | $	$ 1,457	$ 1,378
Trouble Debt Restructuring Term Modification below Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	9
Recorded investment at period end | $	$ 2,305
Modified to Interest Only at Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	2
Recorded investment at period end | $	$ 40
Commercial Real Estate - Owner Occupied [Member] | Commercial [Member] | Trouble Debt Restructuring Term Modification at Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	3
Recorded investment at period end | $	$ 282
Commercial Real Estate - Owner Occupied [Member] | Commercial [Member] | Trouble Debt Restructuring Term Modification below Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	1
Recorded investment at period end | $	$ 866
Commercial Real Estate - Non-Owner Occupied [Member] | Commercial [Member] | Trouble Debt Restructuring Term Modification at Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan		1
Recorded investment at period end | $		$ 972
Raw Land and Lots [Member] | Commercial [Member] | Trouble Debt Restructuring Term Modification below Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	1
Recorded investment at period end | $	$ 400
Single Family Investment Real Estate [Member] | Commercial [Member] | Trouble Debt Restructuring Term Modification at Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan		1
Recorded investment at period end | $		$ 109
Commercial and Industrial [Member] | Commercial [Member] | Trouble Debt Restructuring Term Modification at Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	2	1
Recorded investment at period end | $	$ 162	$ 32
Commercial and Industrial [Member] | Commercial [Member] | Modified to Interest Only at Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	1
Recorded investment at period end | $	$ 19
Other Commercial [Member] | Commercial [Member] | Trouble Debt Restructuring Term Modification at Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan		2
Recorded investment at period end | $		$ 265
Mortgage [Member] | Consumer [Member] | Trouble Debt Restructuring Term Modification at Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	1
Recorded investment at period end | $	$ 102
Mortgage [Member] | Consumer [Member] | Trouble Debt Restructuring Term Modification below Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	3
Recorded investment at period end | $	$ 677
Mortgage [Member] | Consumer [Member] | Modified to Interest Only at Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	1
Recorded investment at period end | $	$ 21
Other Consumer [Member] | Consumer [Member] | Trouble Debt Restructuring Term Modification at Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	11
Recorded investment at period end | $	$ 911
Other Consumer [Member] | Consumer [Member] | Trouble Debt Restructuring Term Modification below Market Rate [Member]
Schedule of TDR by class and modification type
No. of Loans | loan	4
Recorded investment at period end | $	$ 362

LOANS AND ALLOWANCE FOR LOAN 71

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	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for loan losses:
Balance, beginning of the year	$ 32,384	$ 30,135	$ 34,916
Recoveries credited to allowance	3,927	3,469	2,781
Loans charged off	(11,535)	(9,020)	(13,618)
Provision charged to operations	9,271	7,800	6,056
Balance, end of period	34,047	32,384	30,135
Ending balance: individually evaluated for impairment				$ 2,002	$ 4,531	$ 1,963
Ending balance: collectively evaluated for impairment					27,853	28,172
Total	32,384	30,135	34,916	34,047	32,384	30,135
Loans:
Ending balance: individually evaluated for impairment				76,562	130,413	108,999
Ending balance: collectively evaluated for impairment				5,521,163	5,109,795	2,926,747
Total Loans				5,671,462	5,345,996	3,039,368
Commercial [Member]
Allowance for loan losses:
Balance, beginning of the year	22,352	19,908	24,809
Recoveries credited to allowance	2,584	1,963	1,496
Loans charged off	(6,834)	(4,635)	(8,534)
Provision charged to operations	6,951	5,116	2,137
Balance, end of period	25,053	22,352	19,908
Ending balance: individually evaluated for impairment				1,317	3,697	1,152
Ending balance: collectively evaluated for impairment					18,655	18,756
Total	22,352	19,908	24,809	25,053	22,352	19,908
Loans:
Ending balance: individually evaluated for impairment				67,177	123,171	101,894
Ending balance: collectively evaluated for impairment				4,015,531	3,607,077	2,059,079
Total Loans				4,148,118	3,824,483	2,163,705
Consumer [Member]
Allowance for loan losses:
Balance, beginning of the year	10,032	10,227	10,107
Recoveries credited to allowance	1,343	1,506	1,285
Loans charged off	(4,701)	(4,385)	(5,084)
Provision charged to operations	2,320	2,684	3,919
Balance, end of period	8,994	10,032	10,227
Ending balance: individually evaluated for impairment				685	834	811
Ending balance: collectively evaluated for impairment					9,198	9,416
Total	$ 10,032	$ 10,227	$ 10,107	8,994	10,032	10,227
Loans:
Ending balance: individually evaluated for impairment				9,385	7,242	7,105
Ending balance: collectively evaluated for impairment				1,505,632	1,502,718	867,668
Total Loans				1,523,344	1,521,513	875,663
Purchased Impaired [Member]
Allowance for loan losses:
Ending balance: collectively evaluated for impairment				32,045
Loans:
Total Loans				73,737	105,788	3,622
Purchased Impaired [Member] | Commercial [Member]
Allowance for loan losses:
Ending balance: collectively evaluated for impairment				23,736
Loans:
Total Loans				65,410	$ 94,235	2,732
Purchased Impaired [Member] | Consumer [Member]
Allowance for loan losses:
Balance, beginning of the year
Balance, end of period
Ending balance: collectively evaluated for impairment				8,309
Total
Loans:
Total Loans				$ 8,327	$ 11,553	$ 890

LOANS AND ALLOWANCE FOR LOAN 72

LOANS AND ALLOWANCE FOR LOAN LOSSES (Loans Receivables Related Risk Rating Excluding Purchased Impaired Loans) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 5,671,462	$ 5,345,996	$ 3,039,368
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	4,148,118	3,824,483	$ 2,163,705
Commercial [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	484,768	341,280
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	860,086	875,443
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,618,605	1,509,159
Commercial [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	195,665	211,225
Commercial [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	429,489	412,494
Commercial [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	467,613	393,776
Commercial [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	91,892	81,106
Excluding Receivables Acquired With Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	4,082,708	3,730,248
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | 0-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,047,347
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | 1-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income		805,908
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	2,845,364	2,662,344
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	81,426	89,056
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	52,852	63,672
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	53,688	$ 109,268
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	2,031
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	483,364	$ 337,498
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Construction Loans [Member] | 0-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	43,656
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Construction Loans [Member] | 1-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income		22,512
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Construction Loans [Member] | 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	409,249	289,064
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Construction Loans [Member] | 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	21,725	11,932
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Construction Loans [Member] | 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	6,497	10,906
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Construction Loans [Member] | 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 2,237	$ 3,084
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Construction Loans [Member] | 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 832,698	$ 844,276
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | 0-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	213,547
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | 1-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income		185,789
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	587,432	620,587
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	13,642	15,003
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	7,214	7,688
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	8,931	$ 15,209
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Owner Occupied [Member] | 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,932
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,603,477	$ 1,480,290
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | 0-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	493,723
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | 1-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income		356,263
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,075,433	1,041,515
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	14,606	22,358
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	10,223	28,388
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 9,492	$ 31,766
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member] | 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 191,141	$ 203,798
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Raw Land and Lots [Member] | 0-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	15,728
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Raw Land and Lots [Member] | 1-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income		11,162
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Raw Land and Lots [Member] | 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	127,427	128,281
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Raw Land and Lots [Member] | 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	7,526	16,803
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Raw Land and Lots [Member] | 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	15,689	4,783
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Raw Land and Lots [Member] | 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 24,771	$ 42,769
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Raw Land and Lots [Member] | 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 415,118	$ 395,615
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Single Family Investment Real Estate [Member] | 0-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	55,812
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Single Family Investment Real Estate [Member] | 1-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income		59,638
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Single Family Investment Real Estate [Member] | 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	340,708	311,900
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Single Family Investment Real Estate [Member] | 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	7,061	9,750
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Single Family Investment Real Estate [Member] | 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	7,362	6,680
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Single Family Investment Real Estate [Member] | 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 4,175	$ 7,647
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Single Family Investment Real Estate [Member] | 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 465,762	$ 389,921
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial and Industrial [Member] | 0-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	180,478
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial and Industrial [Member] | 1-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income		138,973
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial and Industrial [Member] | 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	262,377	230,084
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial and Industrial [Member] | 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	13,943	9,392
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial and Industrial [Member] | 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	5,435	4,383
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial and Industrial [Member] | 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,430	$ 7,089
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Commercial and Industrial [Member] | 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	99
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	91,148	$ 78,850
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Other Commercial [Member] | 0-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	44,403
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Other Commercial [Member] | 1-3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income		31,571
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Other Commercial [Member] | 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	42,738	40,913
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Other Commercial [Member] | 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	2,923	3,818
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Other Commercial [Member] | 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	432	844
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Other Commercial [Member] | 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 652	$ 1,704
Excluding Receivables Acquired With Deteriorated Credit Quality [Member] | Commercial [Member] | Other Commercial [Member] | 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income

LOANS AND ALLOWANCE FOR LOAN 73

LOANS AND ALLOWANCE FOR LOAN LOSSES (Loans Receivables Related Risk Rating Including Purchased Impaired Loans) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 5,671,462	$ 5,345,996	$ 3,039,368
Purchased Impaired [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	73,737	105,788	3,622
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	4,148,118	3,824,483	2,163,705
Commercial [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	484,768	341,280
Commercial [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	860,086	875,443
Commercial [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,618,605	1,509,159
Commercial [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	195,665	211,225
Commercial [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	429,489	412,494
Commercial [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	467,613	393,776
Commercial [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	91,892	81,106
Commercial [Member] | Purchased Impaired [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	65,410	94,235	$ 2,732
Commercial [Member] | Purchased Impaired [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,404	3,782
Commercial [Member] | Purchased Impaired [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	27,388	31,167
Commercial [Member] | Purchased Impaired [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	15,128	28,869
Commercial [Member] | Purchased Impaired [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	4,524	7,427
Commercial [Member] | Purchased Impaired [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	14,371	16,879
Commercial [Member] | Purchased Impaired [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,851	3,855
Commercial [Member] | Purchased Impaired [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	744	2,256
Commercial [Member] | Purchased Impaired [Member] | 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 17,212	$ 9,170
Commercial [Member] | Purchased Impaired [Member] | 4 [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income
Commercial [Member] | Purchased Impaired [Member] | 4 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 5,260	$ 1,525
Commercial [Member] | Purchased Impaired [Member] | 4 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	4,798	2,837
Commercial [Member] | Purchased Impaired [Member] | 4 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	2,059	1,564
Commercial [Member] | Purchased Impaired [Member] | 4 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	4,868	2,807
Commercial [Member] | Purchased Impaired [Member] | 4 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	144	$ 437
Commercial [Member] | Purchased Impaired [Member] | 4 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	83
Commercial [Member] | Purchased Impaired [Member] | 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 9,480	$ 5,922
Commercial [Member] | Purchased Impaired [Member] | 5 [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income
Commercial [Member] | Purchased Impaired [Member] | 5 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 1,633	$ 3,546
Commercial [Member] | Purchased Impaired [Member] | 5 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	5,893	934
Commercial [Member] | Purchased Impaired [Member] | 5 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	277	189
Commercial [Member] | Purchased Impaired [Member] | 5 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,629	$ 1,253
Commercial [Member] | Purchased Impaired [Member] | 5 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 48
Commercial [Member] | Purchased Impaired [Member] | 5 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income
Commercial [Member] | Purchased Impaired [Member] | 6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 23,214	$ 43,779
Commercial [Member] | Purchased Impaired [Member] | 6 [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	61	3,130
Commercial [Member] | Purchased Impaired [Member] | 6 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	13,896	10,880
Commercial [Member] | Purchased Impaired [Member] | 6 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,187	18,736
Commercial [Member] | Purchased Impaired [Member] | 6 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,439	3,148
Commercial [Member] | Purchased Impaired [Member] | 6 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,821	6,462
Commercial [Member] | Purchased Impaired [Member] | 6 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	321	913
Commercial [Member] | Purchased Impaired [Member] | 6 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	489	510
Commercial [Member] | Purchased Impaired [Member] | 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	15,483	34,878
Commercial [Member] | Purchased Impaired [Member] | 7 [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,343	194
Commercial [Member] | Purchased Impaired [Member] | 7 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	6,599	15,216
Commercial [Member] | Purchased Impaired [Member] | 7 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,250	6,362
Commercial [Member] | Purchased Impaired [Member] | 7 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	749	2,526
Commercial [Member] | Purchased Impaired [Member] | 7 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	4,053	6,357
Commercial [Member] | Purchased Impaired [Member] | 7 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	1,317	2,477
Commercial [Member] | Purchased Impaired [Member] | 7 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	172	1,746
Commercial [Member] | Purchased Impaired [Member] | 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 21	486
Commercial [Member] | Purchased Impaired [Member] | 8 [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income		458
Commercial [Member] | Purchased Impaired [Member] | 8 [Member] | Commercial Real Estate - Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income
Commercial [Member] | Purchased Impaired [Member] | 8 [Member] | Commercial Real Estate - Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income
Commercial [Member] | Purchased Impaired [Member] | 8 [Member] | Raw Land and Lots [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income
Commercial [Member] | Purchased Impaired [Member] | 8 [Member] | Single Family Investment Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income
Commercial [Member] | Purchased Impaired [Member] | 8 [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income	$ 21	$ 28
Commercial [Member] | Purchased Impaired [Member] | 8 [Member] | Other Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Net of Deferred Income

LOANS AND ALLOWANCE FOR LOAN 74

LOANS AND ALLOWANCE FOR LOAN LOSSES (Schedule of Acquired Loan Portfolio and Accretable Yield) (Details) - Purchased Impaired [Member] - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Accretable Yield
Balance at beginning of period		$ 28,956	$ 2,980
Additions			34,653
Accretion		(6,084)	(7,192)
Reclassification from nonaccretable difference		3,886	1,873
Other non-credit changes, net	[1]	(4,619)	(3,358)
Balance at end of period		22,139	28,956
Carrying Amount of Loans
Balance at beginning of period		105,788
Balance at end of period		$ 73,737	$ 105,788
[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 year.

PREMISES AND EQUIPMENT (Narrati

PREMISES AND EQUIPMENT (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
PREMISES AND EQUIPMENT [Abstract]
Depreciation expense	$ 10,776	$ 10,742	$ 6,024
Renewable lease period, maximum	20 years
Rental expense	$ 7,800	$ 8,100	$ 5,700

PREMISES AND EQUIPMENT (Summary

PREMISES AND EQUIPMENT (Summary of Bank Premises and Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Total	$ 194,039	$ 194,016
Less accumulated depreciation and amortization	68,011	58,769
Bank premises and equipment, net	126,028	135,247
Land [Member]
Property, Plant and Equipment [Line Items]
Total	29,839	31,072
Land Improvements and Buildings [Member]
Property, Plant and Equipment [Line Items]
Total	96,943	98,259
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Total	8,313	7,950
Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Total	49,914	47,350
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Total	$ 9,030	$ 9,385

PREMISES AND EQUIPMENT (Schedul

PREMISES AND EQUIPMENT (Schedule of Future Minimum Rental Payments Required) (Details) $ in Thousands	Dec. 31, 2015USD ($)
PREMISES AND EQUIPMENT [Abstract]
2,016	$ 7,091
2,017	6,715
2,018	6,454
2,019	5,703
2,020	4,471
Thereafter	10,887
Total of future payments	$ 41,321

INTANGIBLE ASSETS (Narrative) (

INTANGIBLE ASSETS (Narrative) (Details) - USD ($)		Jan. 01, 2014	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Intangible assets, amortization expense				$ 8,445,000	$ 9,795,000	$ 3,831,000
Impairment charges			$ 0
Goodwill				$ 293,522,000	$ 293,522,000
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
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, amortization expense						$ 33,000
StellarOne Bank [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, amortization period		8 years
Acquired intangible assets		$ 29,570,000
Goodwill	[1]	$ 234,122,000
[1]	No goodwill is expected to be deductible for federal income tax purposes. The goodwill was primarily allocated to the community bank segment.

INTANGIBLE ASSETS (Information

INTANGIBLE ASSETS (Information Concerning Intangible Assets with Finite Life) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Information concerning intangible assets with finite life
Gross Carrying Value	$ 76,185	$ 76,185
Accumulated Amortization	52,875	44,430
Net Carrying Value	$ 23,310	$ 31,755

INTANGIBLE ASSETS (Estimated Re

INTANGIBLE ASSETS (Estimated Remaining Amortization Expense of Core Deposit Intangibles) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Estimated remaining amortization expense of core deposit intangibles
2,016	$ 6,932
2,017	5,590
2,018	4,144
2,019	3,093
2,020	2,028
Thereafter	1,523
Net Carrying Value	$ 23,310	$ 31,755

DEPOSITS (Narrative) (Details)

DEPOSITS (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash and Cash Equivalents [Line Items]
Time deposits held in Certificates of Deposit	$ 1,183,681
Deposit overdrafts as other consumer loans	1,200	$ 2,100
CDARS [Member]
Cash and Cash Equivalents [Line Items]
Time deposits held in Certificates of Deposit	$ 4,900	$ 7,900
Maximum [Member] | CDARS [Member]
Cash and Cash Equivalents [Line Items]
Maturity of deposits held in Certificate of Deposits	1 year

DEPOSITS (Schedule of Deposits

DEPOSITS (Schedule of Deposits by Type) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
DEPOSITS [Abstract]
NOW accounts	$ 1,521,906	$ 1,332,029
Money market accounts	1,312,612	1,261,520
Savings accounts	572,800	548,526
Time deposits of $250,000 and over	183,520	175,933
Other time deposits	1,000,161	1,121,384
Total interest-bearing deposits	$ 4,590,999	$ 4,439,392

DEPOSITS (Scheduled Maturities

DEPOSITS (Scheduled Maturities of Time Deposits) (Details) $ in Thousands	Dec. 31, 2015USD ($)
DEPOSITS [Abstract]
2,016	$ 623,912
2,017	233,783
2,018	139,400
2,019	128,837
2,020	57,749
Total scheduled maturities of time deposits	$ 1,183,681

BORROWINGS (Narrative) (Details

BORROWINGS (Narrative) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Jan. 01, 2014USD ($)
Subordinated Borrowing [Line Items]
Remaining available balance for the federal funds lines	$ 175,000,000	$ 150,000,000
Maximum collateral dependent line of credit with the FHLB	1,500,000,000	1,400,000
Prepayment penalty	19,600,000
Prepayment penalty amortization expense	1,800,000	1,800,000	$ 1,700,000
Carrying value of the loans and securities pledged as collateral for FHLB	1,900,000,000	1,200,000,000
Trust Preferred Capital Notes [Member]
Subordinated Borrowing [Line Items]
Trust preferred capital notes principal balance	$ 90,500,000
Acquisitions, Prior To 2006 [Member]
Subordinated Borrowing [Line Items]
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
Acquisitions, Prior To 2006 [Member] | Subordinated Debt [Member]
Subordinated Borrowing [Line Items]
Remaining fair value discount on acquired notes	$ 163,000
LIBOR [Member] | Acquisitions, Prior To 2006 [Member]
Subordinated Borrowing [Line Items]
Three-month LIBOR rate plus	1.45%
StellarOne Bank [Member]
Subordinated Borrowing [Line Items]
Trust preferred capital notes principal balance	$ 32,000,000
Remaining fair value premium on acquired FHLB advances	1,200,000
Loans from Other Federal Home Loan Banks	$ 60,000,000			$ 70,000,000
StellarOne Bank [Member] | Trust Preferred Capital Notes [Member]
Subordinated Borrowing [Line Items]
Remaining fair value discount on acquired notes		$ 7,000,000

BORROWINGS (Short-Term Borrowin

BORROWINGS (Short-Term Borrowings) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Short-term borrowings
Securities sold under agreements to repurchase	$ 84,977	$ 44,393
Other short-term borrowings	304,000	343,000
Total short-term borrowings	388,977	387,393
Maximum month-end outstanding balance	445,761	387,393
Average outstanding balance during the period	$ 379,783	$ 237,896
Average interest rate during the period	0.25%	0.24%
Average interest rate at end of period	0.27%	0.31%
Other short-term borrowings:
FHLB	$ 304,000	$ 335,000
Other lines of credit		$ 8,000

BORROWINGS (Trust Preferred Cap

BORROWINGS (Trust Preferred Capital Notes Qualify for Tier 1 Capital) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Trust preferred capital notes qualify for Tier 1 capital
Investment	$ 84,846,000	$ 84,637,000
Trust Preferred Capital Notes [Member]
Trust preferred capital notes qualify for Tier 1 capital
Trust preferred capital notes principal balance	90,500,000
Investment	2,801,000
Statutory Trust I [Member]
Trust preferred capital notes qualify for Tier 1 capital
Trust preferred capital notes principal balance	22,500,000
Investment	$ 696,000
Rate	3.36%
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	$ 1,114,000
Rate	2.01%
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	$ 619,000
Rate	3.34%
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	$ 372,000
Rate	3.71%
Maturity	Jun. 26, 2033
LIBOR [Member] | Statutory Trust I [Member]
Trust preferred capital notes qualify for Tier 1 capital
Spread on LIBOR	2.75%
LIBOR [Member] | Statutory Trust II [Member]
Trust preferred capital notes qualify for Tier 1 capital
Spread on LIBOR	1.40%
LIBOR [Member] | VFG Limited Liability Trust I Indenture [Member]
Trust preferred capital notes qualify for Tier 1 capital
Spread on LIBOR	2.73%
LIBOR [Member] | FNB Statutory Trust II Indenture [Member]
Trust preferred capital notes qualify for Tier 1 capital
Spread on LIBOR	3.10%

BORROWINGS (Advances from the F

BORROWINGS (Advances from the FHLB) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Advances from the FHLB
Advance Amount	$ 200,000	$ 210,000
Adjustable Rate Credit One [Member]
Advances from the FHLB
Interest Rate	1.05%	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	1.07%	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	1.07%	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	1.07%	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%
Maturity Date		Jul. 28, 2015
Advance Amount		$ 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 LIBOR	0.44%	0.44%
LIBOR [Member] | Adjustable Rate Credit Two [Member]
Advances from the FHLB
Spread on LIBOR	0.45%	0.45%
LIBOR [Member] | Adjustable Rate Credit Three [Member]
Advances from the FHLB
Spread on LIBOR	0.45%	0.45%
LIBOR [Member] | Adjustable Rate Credit Four [Member]
Advances from the FHLB
Spread on LIBOR	0.45%	0.45%

BORROWINGS (Contractual Maturit

BORROWINGS (Contractual Maturities of Long-Term Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Contractual maturities of long-term debt
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	291,198	$ 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
2,016	17,500
Total long-term borrowings	17,500
Federal Home Loan Bank Advances [Member]
Contractual maturities of long-term debt
2,016	40,000
2,017	10,000
2,018	10,000
Thereafter	140,000
Total long-term borrowings	200,000
Fair Value Premium (Discount) [Member]
Contractual maturities of long-term debt
2,016	271
2,017	170
2,018	(143)
2,019	(286)
2,020	(301)
Thereafter	(5,622)
Total long-term borrowings	(5,911)
Prepayment Penalty [Member]
Contractual maturities of long-term debt
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	$ (13,692)

COMMITMENTS AND CONTINGENCIES89

COMMITMENTS AND CONTINGENCIES (Narrative) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Daily average required reserves	$ 48,700,000
Deposits with other financial institutions	30,900,000
Uninsured deposits with other financial institutions	14,700,000	$ 6,500,000
Indemnification reserves	450,000	$ 662,000
Interest Rate Swap [Member]
Deposits with other financial institutions serves as collateral	4,400,000
Cash Flow Hedging [Member]
Deposits with other financial institutions serves as collateral	$ 10,500,000

COMMITMENTS AND CONTINGENCIES90

COMMITMENTS AND CONTINGENCIES (Balances of Commitments and Contingencies) (Details) - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
Commitments with off-balance sheet risk:
Total commitments with off-balance sheet risk		$ 1,747,090	$ 1,768,827
Commitments with balance sheet risk:
Loans held for sale		36,030	42,519
Total other commitments		1,783,120	1,811,346
Commitments to Extend Credit [Member]
Commitments with off-balance sheet risk:
Total commitments with off-balance sheet risk	[1]	1,557,350	1,601,287
Standby Letters of Credit [Member]
Commitments with off-balance sheet risk:
Total commitments with off-balance sheet risk		139,371	117,988
Interest Rate Lock Commitments [Member]
Commitments with off-balance sheet risk:
Total commitments with off-balance sheet risk		$ 50,369	$ 49,552
[1]	Includes unfunded overdraft protection.

DERIVATIVES (Narrative) (Detail

DERIVATIVES (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
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
Cash Flow Hedging [Member]
Derivatives, Fair Value [Line Items]
Deposits with other financial institutions serves as collateral	$ 10,500,000
Fair Value Hedging [Member]
Derivatives, Fair Value [Line Items]
Aggregate notional amount of the hedged items	61,200,000	$ 38,300,000
Fair value of aggregate notional amount of the hedged items	$ 689,000	$ 0

DERIVATIVES (Summary of the Der

DERIVATIVES (Summary of the Derivatives) (Details) $ in Thousands	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)item
Summary of the derivative designated as a cash flow hedge
Notional or Contractual Amount	$ 513,488	$ 473,693
Positions | item	282	293
Asset	$ 5,405	$ 3,774
Liabilities	14,998	11,114
Collateral Pledged	20,432	13,900
Designated as Hedging Instrument [Member]
Summary of the derivative designated as a cash flow hedge
Notional or Contractual Amount	$ 324,150	$ 301,300
Positions | item	15	12
Asset	$ 946	$ 580
Liabilities	11,240	8,433
Collateral Pledged	14,449	10,500
Not Designated as Hedging Instrument [Member]
Summary of the derivative designated as a cash flow hedge
Notional or Contractual Amount	$ 189,338	$ 172,393
Positions | item	267	281
Asset	$ 4,459	$ 3,194
Liabilities	3,758	2,681
Collateral Pledged	5,983	3,400
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member]
Summary of the derivative designated as a cash flow hedge
Notional or Contractual Amount	$ 263,000	$ 263,000
Positions | item	11	11
Asset	$ 946	$ 580
Liabilities	10,352	8,433
Collateral Pledged	14,449	10,500
Fair Value Hedging [Member] | Designated as Hedging Instrument [Member]
Summary of the derivative designated as a cash flow hedge
Notional or Contractual Amount	$ 61,150	$ 38,300
Positions | item	4	1
Liabilities	$ 888
Interest Rate Swap [Member] | Not Designated as Hedging Instrument [Member]
Summary of the derivative designated as a cash flow hedge
Notional or Contractual Amount	$ 138,969	$ 122,793
Positions | item	68	60
Asset	$ 3,758	$ 2,681
Liabilities	3,758	2,681
Collateral Pledged	5,983	3,400
Interest Rate Lock Commitments [Member] | Not Designated as Hedging Instrument [Member]
Summary of the derivative designated as a cash flow hedge
Notional or Contractual Amount	$ 50,369	$ 49,600
Positions | item	199	221
Asset	$ 701	$ 513

ACCUMULATED OTHER COMPREHENSI93

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Narrative) (Details) - USD ($)	3 Months Ended		12 Months Ended
	Sep. 30, 2015	Jun. 30, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
OTTI recovery amount				$ 400,000
Reclassifications of unrealized gains (losses) on AFS			$ 1,486,000	1,695,000	$ 21,000
Net gain (loss) on sale of securities, excluding OTTI recovery				1,300,000	21,000
Credit-related OTTI	$ 300,000	$ 400,000	300,000
Tax expense (benefit) related to (gains) losses on the sale of securities			415,000	453,000	7,000
Reclassification of unrealized gains (losses) on cash flow hedges			(956,000)	(909,000)	(805,000)
Tax expense (benefit) related to (gains) losses on the cash flow hedges			$ (335,000)	$ (318,000)	$ (281,000)

ACCUMULATED OTHER COMPREHENSI94

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Change in Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2015
Change in accumulated other comprehensive income
Unrealized Gains (losses) on Securities, Beginning Balance	$ 17,439	$ 1,192	$ 14,573
Change in FV of Cash Flow Hedge, Beginning Balance	(5,184)	(3,382)	(4,489)
Total, Beginning Balance	12,255	(2,190)	10,084
Unrealized gain transferred from AFS to HTM, Unrealized Gains (Losses) on AFS Securities	(5,251)
Unrealized gain transferred from AFS to HTM, Accretion on unrealized gain for AFS securities transferred to HTM	$ 5,251
Unrealized gain transferred from AFS to HTM, Change in Fair Value of Cash Flow Hedge
Unrealized gain transferred from AFS to HTM, Total
Other comprehensive income (loss) before reclass, Unrealized Gains (Losses) on Securities	$ (3,640)	17,089	(13,367)
Other comprehensive income (loss) before reclass, Accretion on unrealized loss for AFS securities transferred to HTM	(819)
Other comprehensive income (loss) before reclass, Change in FV of Cash Flow Hedge	(1,394)	(2,393)	583
Other comprehensive income (loss) before reclass, Total	(5,853)	14,696	(12,784)
Amounts reclassified from accumulated other comprehensive income, Unrealized Gains (Losses) on Securities	(771)	(842)	(14)
Amounts reclassified from accumulated other comprehensive income, Change in FV of Cash Flow Hedge	621	591	524
Amounts reclassified from accumulated other comprehensive income	(150)	(251)	510
Net current period other comprehensive income (loss), Unrealized Gains (Losses) on Securities	(4,411)	16,247	(13,381)
Net current period other comprehensive income (loss), Accretion on unrealized loss for AFS securities transferred to HTM	(819)
Net current period other comprehensive income (loss), Change in FV of Cash Flow Hedge	(773)	(1,802)	1,107
Other comprehensive income (loss)	(6,003)	14,445	(12,274)
Unrealized Gains (losses) on Securities, Ending Balance	7,777	17,439	1,192
Accretion on unrealized loss for AFS securities transferred to HTM, Ending Balance	4,432
Change in FV of Cash Flow Hedge, Ending Balance	(5,957)	(5,184)	(3,382)
Total, Ending Balance	$ 12,255	$ (2,190)	$ 10,084	$ 6,252

REGULATORY MATTERS AND CAPITA95

REGULATORY MATTERS AND CAPITAL (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Jan. 30, 2014
REGULATORY MATTERS AND CAPITAL [Abstract]
Stock repurchase program, amount authorized	$ 25		$ 65
Stock repurchase program, remaining authorized amount		$ 21.1

REGULATORY MATTERS AND CAPITA96

REGULATORY MATTERS AND CAPITAL (Schedule of Bank Capital and Ratio) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital to risk weighted assets, actual amount	$ 816,041	$ 770,585
Total capital to risk weighted assets, actual ratio	12.46%	13.38%
Total capital to risk weighted assets, Required for Capital adequacy purposes, amount	$ 523,943	$ 460,738
Total capital to risk weighted assets, required for capital adequacy purposes, ratio	8.00%	8.00%
Tier 1 capital to risk weighted assets, actual amount	$ 781,695	$ 734,755
Tier 1 capital to risk weighted assets, actual ratio	11.93%	12.76%
Tier 1 capital to risk weighted assets, required for capital adequacy purposes, amount	$ 393,141	$ 230,331
Tier 1 capital ratio of risk-weighted assets	6.00%	4.00%
Tier 1 capital to average adjusted assets, actual amount	$ 781,695	$ 734,755
Tier 1 capital to average adjusted assets, actual ratio	10.68%	10.62%
Tier 1 capital to average adjusted assets, required for capital adequacy purposes, amount	$ 292,770	$ 276,744
Tier 1 capital to average adjusted assets, required for capital adequacy purposes, ratio	4.00%	4.00%
Common Equity Tier 1 capital to risk weighted assets, actual amount	$ 691,195
Common Equity Tier 1 capital to risk weighted assets, actual ratio	10.55%
Common Equity Tier 1 capital to risk weighted assets, required for capital adequacy purposes, amount	$ 294,823
Common Equity Tier 1 capital to risk weighted assets, required for capital adequacy purposes, ratio	4.50%
Union Bank & Trust [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital to risk weighted assets, actual amount	$ 786,339	$ 744,269
Total capital to risk weighted assets, actual ratio	12.05%	12.98%
Total capital to risk weighted assets, Required for Capital adequacy purposes, amount	$ 522,051	$ 458,717
Total capital to risk weighted assets, required for capital adequacy purposes, ratio	8.00%	8.00%
Total capital to risk weighted assets, required in order to be well capitalized under PCA, amount	$ 652,563	$ 573,397
Total capital to risk weighted assets, required in order to be well capitalized under PCA, ratio	10.00%	10.00%
Tier 1 capital to risk weighted assets, actual amount	$ 751,992	$ 708,453
Tier 1 capital to risk weighted assets, actual ratio	11.52%	12.36%
Tier 1 capital to risk weighted assets, required for capital adequacy purposes, amount	$ 391,663	$ 229,273
Tier 1 capital ratio of risk-weighted assets	6.00%	4.00%
Tier 1 capital to risk weighted assets, required in order to be well capitalized under PCA, amount	$ 522,217	$ 343,909
Tier 1 capital to risk weighted assets, required in order to be well capitalized under PCA, ratio	8.00%	6.00%
Tier 1 capital to average adjusted assets, actual amount	$ 751,992	$ 708,453
Tier 1 capital to average adjusted assets, actual ratio	10.31%	10.29%
Tier 1 capital to average adjusted assets, required for capital adequacy purposes, amount	$ 291,752	$ 275,395
Tier 1 capital to average adjusted assets, required for capital adequacy purposes, ratio	4.00%	4.00%
Tier 1 capital to average adjusted assets, required in order to be well capitalized under PCA, amount	$ 364,691	$ 344,243
Tier 1 capital to average adjusted assets, required in order to be well capitalized under PCA, ratio	5.00%	5.00%
Common Equity Tier 1 capital to risk weighted assets, actual amount	$ 751,992
Common Equity Tier 1 capital to risk weighted assets, actual ratio	11.52%
Common Equity Tier 1 capital to risk weighted assets, required for capital adequacy purposes, amount	$ 293,747
Common Equity Tier 1 capital to risk weighted assets, required for capital adequacy purposes, ratio	4.50%
Common Equity Tier 1 capital to risk weighted assets, required in order to be well capitalized under PCA, amount	$ 424,301
Common Equity Tier 1 capital to risk weighted assets, required in order to be well capitalized under PCA, ratio	6.50%

FAIR VALUE MEASUREMENTS (Narrat

FAIR VALUE MEASUREMENTS (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)item	Dec. 31, 2013USD ($)
FAIR VALUE MEASUREMENTS [Abstract]
Weighted average pull through rate	80.00%	90.00%
Minimum number of market participants | item	4,000	4,000
Level 3 Fair value measurements weighted average related to impaired loans	7.00%	13.00%
Level 3 fair value measurements weighted average related to other real estate owned	32.00%	32.00%
Total valuation expenses related to OREO properties | $	$ 6,002	$ 7,646	$ 791

FAIR VALUE MEASUREMENTS (Schedu

FAIR VALUE MEASUREMENTS (Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	$ 903,292	$ 1,102,114
Loans held for sale	36,030	42,519
Interest rate swap, assets	3,758	2,681
Cash flow hedges, assets	946	580
Interest rate lock commitments	5,405	3,774
Interest rate swap, liabilities	3,758	2,681
Cash flow hedges, liabilities	10,352	8,433
Fair value hedges, liabilities	$ 888
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value
Loans held for sale
Interest rate swap, assets
Cash flow hedges, assets
Interest rate swap, liabilities
Cash flow hedges, liabilities
Fair value hedges, liabilities
Significant Other Observable Inputs Level 2 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	$ 903,292	1,102,114
Loans held for sale	36,030	42,519
Interest rate swap, assets	3,758	2,681
Cash flow hedges, assets	946	580
Interest rate swap, liabilities	3,758	2,681
Cash flow hedges, liabilities	10,352	8,433
Fair value hedges, liabilities	$ 888
Significant Unobservable Inputs Level 3 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value
Loans held for sale
Interest rate swap, assets
Cash flow hedges, assets
Interest rate swap, liabilities
Cash flow hedges, liabilities
Fair value hedges, liabilities
Recurring [Member]
Fair value of assets and liabilities measured on a recurring basis:
Loans held for sale	$ 36,030
Interest rate swap, assets	3,758	2,681
Cash flow hedges, assets	946	580
Interest rate lock commitments		513
Interest rate swap, liabilities	3,758	2,681
Cash flow hedges, liabilities	10,352	8,433
Fair value hedges, liabilities	888
Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Loans held for sale	36,030
Interest rate swap, assets	3,758	2,681
Cash flow hedges, assets	946	580
Interest rate swap, liabilities	3,758	2,681
Cash flow hedges, liabilities	10,352	8,433
Fair value hedges, liabilities	888
Recurring [Member] | Significant Unobservable Inputs Level 3 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Interest rate lock commitments		513
US Government Agencies Debt Securities [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value		8,454
US Government Agencies Debt Securities [Member] | Recurring [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value		8,454
US Government Agencies Debt Securities [Member] | Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value		8,454
Obligations of States and Political Subdivisions [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	268,079	445,647
Obligations of States and Political Subdivisions [Member] | Recurring [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	268,079	445,647
Obligations of States and Political Subdivisions [Member] | Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	268,079	445,647
Corporate and Other Bonds [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	75,979	78,680
Corporate and Other Bonds [Member] | Recurring [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	75,979	78,680
Corporate and Other Bonds [Member] | Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	75,979	78,680
Mortgage Backed Securities [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	548,171	559,329
Mortgage Backed Securities [Member] | Recurring [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	548,171	559,329
Mortgage Backed Securities [Member] | Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	548,171	559,329
Other Securities [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	11,063	10,004
Other Securities [Member] | Recurring [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	11,063	10,004
Other Securities [Member] | Recurring [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Securities available for sale, at fair value	11,063	10,004
Interest Rate Lock Commitments [Member]
Fair value of assets and liabilities measured on a recurring basis:
Interest rate lock commitments	$ 701	513
Interest Rate Lock Commitments [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Interest rate lock commitments
Interest Rate Lock Commitments [Member] | Significant Other Observable Inputs Level 2 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Interest rate lock commitments
Interest Rate Lock Commitments [Member] | Significant Unobservable Inputs Level 3 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Interest rate lock commitments	$ 701	$ 513
Interest Rate Lock Commitments [Member] | Recurring [Member]
Fair value of assets and liabilities measured on a recurring basis:
Interest rate lock commitments	701
Interest Rate Lock Commitments [Member] | Recurring [Member] | Significant Unobservable Inputs Level 3 [Member]
Fair value of assets and liabilities measured on a recurring basis:
Interest rate lock commitments	$ 701

FAIR VALUE MEASUREMENTS (Sche99

FAIR VALUE MEASUREMENTS (Schedule of Financial Assets Measured at Fair Value on Nonrecurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of financial assets measured at fair value on nonrecurring basis
Loans held for sale	$ 36,030	$ 42,519
Other real estate owned	15,299	28,118
Fair Value, Measurements, Nonrecurring [Member]
Schedule of financial assets measured at fair value on nonrecurring basis
Loans held for sale		42,519
Impaired loans	2,214	15,797
Other real estate owned	$ 15,299	$ 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	$ 36,030	$ 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		$ 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	$ 2,214	$ 15,797
Other real estate owned	$ 15,299	$ 28,118

FAIR VALUE MEASUREMENTS (Carryi

FAIR VALUE MEASUREMENTS (Carrying Values and Estimated Fair Values of the Company's Financial Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 142,660	$ 133,260
Securities available for sale, at fair value	903,292	1,102,114
Held to maturity securities	209,437
Restricted stock	51,828	54,854
Loans held for sale	36,030	42,519
Net loans	5,671,155	5,340,759
Interest rate lock commitments	5,405	3,774
Interest rate swap, assets	3,758	2,681
Cash flow hedges, assets	946	580
Accrued interest receivable	20,760	21,775
Bank owned life insurance	173,687	139,005
LIABILITIES
Deposits	5,957,484	5,637,929
Borrowings	659,364	666,224
Accrued interest payable	1,578	1,899
Interest rate swap, liabilities	3,758	2,681
Cash flow hedges, liability	10,352	8,433
Fair value hedges	888
Carrying Value [Member]
ASSETS
Cash and cash equivalents	142,660	133,260
Securities available for sale, at fair value	903,292	1,102,114
Held to maturity securities	205,374
Restricted stock	51,828	54,854
Loans held for sale	36,030	42,519
Net loans	5,637,415	5,313,612
Interest rate swap, assets	3,758	2,681
Cash flow hedges, assets	946	580
Accrued interest receivable	20,760	21,775
Bank owned life insurance	173,687	139,005
LIABILITIES
Deposits	5,963,936	5,638,770
Borrowings	680,175	686,935
Accrued interest payable	1,578	1,899
Interest rate swap, liabilities	3,758	2,681
Cash flow hedges, liability	10,352	8,433
Fair value hedges	888
Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS
Cash and cash equivalents	$ 142,660	133,260
Securities available for sale, at fair value
Held to maturity securities
Restricted stock
Loans held for sale
Net loans
Interest rate swap, assets
Cash flow hedges, assets
Accrued interest receivable
Bank owned life insurance
LIABILITIES
Deposits
Borrowings
Accrued interest payable
Interest rate swap, liabilities
Cash flow hedges, liability
Fair value hedges
Significant Other Observable Inputs Level 2 [Member]
ASSETS
Cash and cash equivalents
Securities available for sale, at fair value	$ 903,292	1,102,114
Held to maturity securities	209,437
Restricted stock	51,828	54,854
Loans held for sale	$ 36,030	42,519
Net loans
Interest rate swap, assets	$ 3,758	2,681
Cash flow hedges, assets	946	580
Accrued interest receivable	20,760	21,775
Bank owned life insurance	173,687	139,005
LIABILITIES
Deposits	5,957,484	5,637,929
Borrowings	659,364	666,224
Accrued interest payable	1,578	1,899
Interest rate swap, liabilities	3,758	2,681
Cash flow hedges, liability	10,352	8,433
Fair value hedges	$ 888
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	$ 5,671,155	5,340,759
Interest rate swap, assets
Cash flow hedges, assets
Accrued interest receivable
Bank owned life insurance
LIABILITIES
Deposits
Borrowings
Accrued interest payable
Interest rate swap, liabilities
Cash flow hedges, liability
Fair value hedges
Interest Rate Lock Commitments [Member]
ASSETS
Interest rate lock commitments	$ 701	513
Interest Rate Lock Commitments [Member] | Carrying Value [Member]
ASSETS
Interest rate lock commitments	$ 701	513
Interest Rate Lock Commitments [Member] | Quoted Prices in Active Markets for Identical Assets Level 1 [Member]
ASSETS
Interest rate lock commitments
Interest Rate Lock Commitments [Member] | Significant Other Observable Inputs Level 2 [Member]
ASSETS
Interest rate lock commitments
Interest Rate Lock Commitments [Member] | Significant Unobservable Inputs Level 3 [Member]
ASSETS
Interest rate lock commitments	$ 701	$ 513

EMPLOYEE BENEFITS AND STOCK 101

EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Apr. 20, 2015	Jan. 01, 2014
Defined Benefit Plan Disclosure [Line Items]
Deferred compensation plans obligation to Board of Directors	$ 9,100,000	$ 10,300,000
Stock options term from the grant date	4 years 2 months 16 days
Salaries and benefit expense for incentive compensation	$ 1,200,000	$ 898,000	$ 939,000
Number of stock option awards exercised	60,637	75,282	50,119
Intrinsic value of stock options exercised	$ 544,000	$ 573,000	$ 268,000
Fair value of stock options exercised	1,400,000	1,800,000	1,200,000
Cash received from the exercise of stock options	886,000	1,200,000	927,000
Tax benefit from exercise of equity-based awards	178,000	187,000	54,000
Fair value of stock options vested	$ 316,000	313,000	335,000
Restricted stock vesting percentage	50.00%
Intrinsic value of stock options outstanding	$ 2,793,148	$ 3,100,000	$ 3,500,000
Unamortized compensation costs	$ 5,608,000
Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Hours of service required for eligibility under plan	1000 hours
1% through 3% [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of employer's match for 401(k) plan	100.00%
1% through 3% [Member] | Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of employee's gross pay for 401(k) plan	1.00%
1% through 3% [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of employee's gross pay for 401(k) plan	3.00%
4% through 5% [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of employer's match for 401(k) plan	50.00%
4% through 5% [Member] | Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of employee's gross pay for 401(k) plan	4.00%
4% through 5% [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of employee's gross pay for 401(k) plan	5.00%
Stock and Incentive Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of shares authorized to be issued, maximum	2,500,000
Number of shares available for future issuance	1,865,589
2011 Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of shares authorized to be issued, maximum				1,000,000
StellarOne Bank [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of shares equivalent to each share of acquired entity					0.9739

EMPLOYEE BENEFITS AND STOCK 102

EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION (Payment Made for Employee Benefit Plans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION [Abstract]
401(K) Plan	$ 3,120	$ 3,715	$ 2,571
ESOP	1,146	3,440	1,774
Cash	1,146	983	482
Total	$ 5,412	$ 8,138	$ 4,827

EMPLOYEE BENEFITS AND STOCK 103

EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION (Schedule of Recognized Stock-Based Compensation Expense) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION [Abstract]
Stock-based compensation expense	$ 1,388	$ 979	$ 889
Reduction of income tax expense	$ 405	$ 234	$ 181
Per share compensation cost	$ 0.02	$ 0.02	$ 0.04

EMPLOYEE BENEFITS AND STOCK 104

EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION (Summary of Stock Option Activity) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
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, Outstanding ending balance	298,743	389,269
Weighted Average Exercise Price, Outstanding ending balance	$ 16.40	$ 16.69
Number of Stock Options, Granted		0
Number of Stock Options, Exercised	(60,637)	(75,282)	(50,119)
Weighted Average Exercise Price, Exercised	$ 14.98
Number of Stock Options, Forfeited	(3,009)
Weighted Average Exercise Price, Forfeited	$ 13.83
Number of Stock Options, Expired	(26,880)
Weighted Average Exercise Price, Expired	$ 23.12
Weighted Average Remaining Contractual Life, Outstanding	4 years 2 months 16 days
Aggregate Intrinsic Value, Outstanding	$ 2,793,148	$ 3,100,000	$ 3,500,000
Number of Stock Options, Exercisable	243,054
Weighted Average Exercise Price, Exercisable	$ 17.04
Weighted Average Remaining Contractual Life, Exercisable	3 years 9 months 29 days
Aggregate Intrinsic Value, Exercisable	$ 2,147,472

EMPLOYEE BENEFITS AND STOCK 105

EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION (Summary of Nonvested Stock Activity) (Details)	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Restricted Stock [Member]
Summary of nonvested stock activity
Number of Shares, beginning balance | shares	223,039
Weighted Average Grant-Date Fair Value, beginning balance | $ / shares	$ 20.07
Number of Shares, Granted | shares	166,831
Weighted Average Grant-Date Fair Value, Granted | $ / shares	$ 23.99
Number of Shares, Net settle of taxes | shares	(18,096)
Weighted Average Grant-Date Fair Value, Net settle for taxes | $ / shares	$ 22.99
Number of Shares, Vested | shares	(54,469)
Weighted Average Grant-Date Fair Value, Vested | $ / shares	$ 17.56
Number of Shares, Forfeited | shares	(12,249)
Weighted Average Grant-Date Fair Value, Forfeited | $ / shares	$ 20.35
Number of Shares, ending balance | shares	305,056
Weighted Average Grant-Date Fair Value, ending balance | $ / shares	$ 22.64
Performance Stock [Member]
Summary of nonvested stock activity
Number of Shares, beginning balance | shares	64,081
Weighted Average Grant-Date Fair Value, beginning balance | $ / shares	$ 21.66
Number of Shares, Granted | shares	42,142
Weighted Average Grant-Date Fair Value, Granted | $ / shares	$ 21.81
Number of Shares, Forfeited | shares	(10,481)
Weighted Average Grant-Date Fair Value, Forfeited | $ / shares	$ 21.28
Number of Shares, ending balance | shares	95,742
Weighted Average Grant-Date Fair Value, ending balance | $ / shares	$ 18.51

EMPLOYEE BENEFITS AND STOCK 106

EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION (Estimated Stock Option on the Date of Grant Fair Value) (Details)	12 Months Ended
	Dec. 31, 2015
Estimated stock option on the date of grant fair value
Dividend yield	3.12%	[1]
Expected life in years	2 years 8 months 12 days	[2]
Expected volatility	21.50%	[3]
Risk-free interest rate	0.75%	[4]
[1]	Calculated as the ratio of the current dividend paid per the stock price on the date of grant.
[2]	Represents the remaining performance period as of the grant date
[3]	Based on the historical volatility for the period commensurate with the expected life of the PSUs.
[4]	Based upon the zero-coupon U.S. Treasury rate commensurate with the expected life of the PSUs on the grant date.

EMPLOYEE BENEFITS AND STOCK 107

EMPLOYEE BENEFITS AND STOCK BASED COMPENSATION (Estimated Unamortized Compensation Expense Recognized in Future) (Details) $ in Thousands	Dec. 31, 2015USD ($)
Estimated unamortized compensation expense recognized in future
2,016	$ 2,484
2,017	1,690
2,018	1,060
2,019	374
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	5,608
Stock Options [Member]
Estimated unamortized compensation expense recognized in future
2,016	115
2,017	14
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	129
Restricted Stock [Member]
Estimated unamortized compensation expense recognized in future
2,016	1,925
2,017	1,470
2,018	1,060
2,019	374
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	4,829
Preferred Stock [Member]
Estimated unamortized compensation expense recognized in future
2,016	444
2,017	206
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	$ 650

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deferred tax assets, valuation allowance	$ 1,700,000	$ 1,400,000
Effective income taxes	25.80%	25.80%	27.30%
Tax credits	$ 913,000	$ 667,000	$ 306,000
State and Local Jurisdiction [Member]
Operating loss carryforward	$ 46,300,000	$ 39,400,000

INCOME TAXES (Schedule of Defer

INCOME TAXES (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Allowance for loan losses	$ 11,916	$ 11,335
Benefit plans	3,475	3,283
Nonaccrual loans	390	534
Acquisition accounting	13,888	17,071
Stock grants	1,679	1,613
Other real estate owned	4,589	3,232
Securities available for sale	105	615
Prime loan swap	2,724	1,753
Investments in pass through entities	1,366	1,681
Other	1,822	2,017
Total deferred tax assets	41,954	43,134
Deferred tax liabilities:
Acquisition accounting	17,196	20,916
Securities available for sale	6,861	9,543
Other	3,103	2,746
Total deferred tax liabilities	27,160	33,205
Net deferred tax asset	$ 14,794	$ 9,929

INCOME TAXES (Provision for Inc

INCOME TAXES (Provision for Income Taxes Charged to Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
INCOME TAXES [Abstract]
Current tax expense	$ 24,521	$ 15,481	$ 12,623
Deferred tax expense (benefit)	(1,212)	2,644	262
Income tax expense	$ 23,309	$ 18,125	$ 12,885

INCOME TAXES (Schedule of Incom

INCOME TAXES (Schedule of Income Tax Expense, Difference in Income Tax Rate to Pretax Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
INCOME TAXES [Abstract]
Computed "expected" tax expense	$ 31,636	$ 24,601	$ 16,538
Tax-exempt interest income, net	(5,865)	(5,181)	(3,308)
Other, net	(2,462)	(1,295)	(345)
Income tax expense	$ 23,309	$ 18,125	$ 12,885

EARNINGS PER SHARE (Narrative)

EARNINGS PER SHARE (Narrative) (Details) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
EARNINGS PER SHARE [Abstract]
Anti-dilutive stock awards	79,315	169,670	104,126

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	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reconcilement of the denominators of the basic and diluted EPS computations
Basic EPS, Net Income Available to Common Stockholders (Numerator)	$ 67,079	$ 52,164	$ 34,366
Basic EPS, Weighted Average Shares (Denominator)	45,055,000	46,036,000	24,975,000
Basic EPS, Per Share Amount	$ 1.49	$ 1.13	$ 1.38
Effect of dilutive stock awards, Weighted Average Shares (Denominator)	84,000	95,000	56,000
Diluted EPS, Net Income Available to Common Stockholders (Numerator)	$ 67,079	$ 52,164	$ 34,366
Diluted EPS, Weighted Average Common Shares	45,138,891	46,130,895	25,030,711
Diluted EPS, Per Share Amount	$ 1.49	$ 1.13	$ 1.37

SEGMENT REPORTING DISCLOSURE114

SEGMENT REPORTING DISCLOSURES (Narrative) (Details)	5 Months Ended	7 Months Ended	12 Months Ended
	May. 31, 2014	Dec. 31, 2014	Dec. 31, 2015segmententityitem	Dec. 31, 2013
Segment Reporting Information [Line Items]
Number of reportable segments | segment			2
Number of retail locations | item			124
Number of subsidiary bank | entity			1
Warehouse Line of Credit [Member] | LIBOR [Member]
Segment Reporting Information [Line Items]
Spread on LIBOR	1.50%	1.50%	0.15%	1.50%
Mortgage banking segment interest - floor	2.00%	0.00%	0.00%	2.00%

SEGMENT REPORTING DISCLOSURE115

SEGMENT REPORTING DISCLOSURES (Information About Reportable Segments and Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Information about reportable segments and reconciliation
Net interest income	$ 251,834	$ 255,018	$ 151,626
Provision for credit losses	9,571	7,800	6,056
Net interest income after provision for credit losses	242,263	247,218	145,570
Noninterest income	65,007	61,287	38,728
Noninterest expenses	216,882	238,216	137,047
Income before income taxes	90,388	70,289	47,251
Income tax expense	23,309	18,125	12,885
Net income	67,079	52,164	34,366
Total assets	7,693,291	7,358,643	4,176,353
Community Bank [Member]
Information about reportable segments and reconciliation
Net interest income	250,510	253,956	149,975
Provision for credit losses	9,450	7,800	6,056
Net interest income after provision for credit losses	241,060	246,156	143,919
Noninterest income	55,645	51,878	27,492
Noninterest expenses	205,993	222,311	120,014
Income before income taxes	90,712	75,723	51,397
Income tax expense	23,431	20,061	14,372
Net income	67,281	55,662	37,025
Total assets	7,690,132	7,354,058	4,170,464
Mortgage [Member]
Information about reportable segments and reconciliation
Net interest income	1,324	1,062	1,651
Provision for credit losses	121
Net interest income after provision for credit losses	1,203	1,062	1,651
Noninterest income	10,044	10,091	11,906
Noninterest expenses	11,571	16,587	17,703
Income before income taxes	(324)	(5,434)	(4,146)
Income tax expense	(122)	(1,936)	(1,487)
Net income	(202)	(3,498)	(2,659)
Total assets	57,900	51,485	63,715
Eliminations [Member]
Information about reportable segments and reconciliation
Noninterest income	(682)	(682)	(670)
Noninterest expenses	(682)	(682)	(670)
Total assets	$ (54,741)	$ (46,900)	$ (57,826)

RELATED PARTY TRANSACTIONS (Nar

RELATED PARTY TRANSACTIONS (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
RELATED PARTY TRANSACTIONS [Abstract]
Deposit accounts	$ 5,500	$ 14,700
Stock repurchased, aggregate purchase price	$ 16,260	$ 52,599	$ 9,499

RELATED PARTY TRANSACTIONS (Sch

RELATED PARTY TRANSACTIONS (Schedule of Loans and Leases Receivable, Related Parties) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
RELATED PARTY TRANSACTIONS [Abstract]
Loans outstanding at January 1		$ 34,557	$ 34,883
New loans and advances		5,854	15,731
Loan repayments		(7,948)	(18,932)
Reclassification	[1]	(22,031)	2,875
Balance at December 31		$ 10,432	$ 34,557
[1]	Includes loans (i) to persons no longer affiliated with the Company and therefore not considered related party loans as of period end or (ii) that were not considered related party loans in the prior year that subsequently became related party loans in the current year.

PARENT COMPANY FINANCIAL INF118

PARENT COMPANY FINANCIAL INFORMATION (Narrative) (Details) - Parent Company [Member] $ in Millions	Dec. 31, 2015USD ($)
Aggregate amount of unrestricted funds	$ 24
Aggregate amount of unrestricted funds percentage	2.41%

PARENT COMPANY FINANCIAL INF119

PARENT COMPANY FINANCIAL INFORMATION (Financial Information for the Parent Company - Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
ASSETS
Cash	$ 142,660	$ 133,260	$ 73,023	$ 82,902
Premises and equipment, net	126,028	135,247
Other assets	84,846	84,637
Total assets	7,693,291	7,358,643	4,176,353
LIABILITIES & STOCKHOLDERS' EQUITY
Short-term borrowings	304,000	343,000
Long-term borrowings	291,198	299,542
Other liabilities	53,813	55,769
Total liabilities	6,697,924	6,381,474
Common stock	59,159	59,795
Surplus	631,822	643,443
Retained earnings	298,134	261,676
Accumulated other comprehensive income	6,252	12,255	(2,190)	10,084
Total stockholders' equity	995,367	977,169	437,810	435,564
Total liabilities and stockholders' equity	7,693,291	7,358,643
Parent Company [Member]
ASSETS
Cash	10,386	9,692	$ 10,092	$ 6,505
Premises and equipment, net	11,875	12,275
Other assets	8,462	9,498
Investment in subsidiaries	1,067,611	1,053,489
Total assets	1,098,334	1,084,954
LIABILITIES & STOCKHOLDERS' EQUITY
Short-term borrowings		8,000
Long-term borrowings	7,500	8,125
Trust preferred capital notes	86,312	86,077
Other liabilities	9,155	5,583
Total liabilities	102,967	107,785
Total stockholders' equity	995,367	977,169
Total liabilities and stockholders' equity	$ 1,098,334	$ 1,084,954

PARENT COMPANY FINANCIAL INF120

PARENT COMPANY FINANCIAL INFORMATION (Financial Information for the Parent Company - Statements of Income and Comprehensive Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income:
Interest and dividend income	$ 276,771	$ 274,945	$ 172,127
Gains on securities transactions, net	1,486	1,695	21
Other operating income	5,841	3,497	1,214
Expenses:
Interest expense	24,937	19,927	20,501
Occupancy expenses	20,053	20,136	11,543
Furniture and equipment expenses	11,674	11,872	6,884
Other expenses	8,561	6,335	5,472
Net income	67,079	52,164	34,366
Comprehensive income	61,076	66,609	22,092
Parent Company [Member]
Income:
Interest and dividend income	8	5	6
Dividends received from subsidiaries	51,496	75,470	31,323
Equity in undistributed net income from subsidiaries	20,800	(15,909)	7,555
Other operating income	1,228	1,393	1,155
Total income	73,532	60,959	40,039
Expenses:
Interest expense	4,697	4,581	3,060
Occupancy expenses	556	573	583
Furniture and equipment expenses	9	20
Other expenses	1,191	3,621	2,030
Total expenses	6,453	8,795	5,673
Net income	67,079	52,164	34,366
Comprehensive income	$ 61,076	$ 66,609	$ 22,092

PARENT COMPANY FINANCIAL INF121

PARENT COMPANY FINANCIAL INFORMATION (Financial Information for the Parent Company - Statements of Cash Flows) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating activities:
Net income	$ 67,079,000	$ 52,164,000	$ 34,366,000
Adjustments to reconcile net income to net cash and cash equivalents provided by (used in) operating activities
Depreciation of premises and equipment	10,776,000	10,742,000	6,024,000
Amortization (accretion) related to acquisition, net	1,823,000	(255,000)	1,585,000
Losses (gains) on securities transactions, net	(1,486,000)	(1,695,000)	(21,000)
Tax benefit from exercise of equity-based awards	178,000	187,000	54,000
Issuance of common stock for services	564,000	713,000	477,000
Decrease (increase) in other assets	(1,901,000)	5,248,000	(27,377,000)
Net (decrease) increase in other liabilities	(3,029,000)	4,315,000	6,348,000
Net cash and cash equivalents provided by (used in) operating activities	108,843,000	125,184,000	157,029,000
Investing activities:
Sale of securities available for sale	101,154,000	289,389,000	43,354,000
Net decrease (increase) in premises and equipment	(3,870,000)	(7,124,000)	(4,759,000)
Payments for equity method investment	(355,000)	(60,000)	(2,000,000)
Cash received in acquisitions		49,989,000
Net cash and cash equivalents provided by (used in) investing activities	(375,286,000)	6,303,000	(218,690,000)
Financing activities:
Advances (repayments) of short-term borrowings	1,584,000	74,211,000	131,685,000
Payments on long-term borrowings	(7,920,000)	2,036,000	2,234,000
Cash dividends paid	(29,082,000)	(25,494,000)	(12,535,000)
Net cash and cash equivalents provided by (used in) financing activities	275,843,000	(71,250,000)	51,782,000
Increase (decrease) in cash and cash equivalents	9,400,000	60,237,000	(9,879,000)
Cash and cash equivalents at beginning of the period	133,260,000	73,023,000	82,902,000
Cash and cash equivalents at end of the period	142,660,000	133,260,000	73,023,000
Supplemental schedule of noncash investing and financing activities
Issuance of common stock in exchange for net assets in acquisition		549,523,000
Transactions Related to Bank Acquisitions
Assets acquired		2,957,521,000
Liabilities assumed		2,642,120,000
Parent Company [Member]
Operating activities:
Net income	67,079,000	52,164,000	34,366,000
Adjustments to reconcile net income to net cash and cash equivalents provided by (used in) operating activities
Equity in distributed (undistributed) net income of subsidiaries	(20,800,000)	15,909,000	(7,555,000)
Depreciation of premises and equipment	435,000	464,000	468,000
Amortization (accretion) related to acquisition, net	235,000	224,000
Issuance of common stock for services	564,000	713,000	477,000
Decrease (increase) in other assets	902,000	2,964,000	(2,069,000)
Net (decrease) increase in other liabilities	6,124,000	(7,286,000)	1,737,000
Net cash and cash equivalents provided by (used in) operating activities	54,539,000	65,152,000	27,424,000
Investing activities:
Net decrease (increase) in premises and equipment	(35,000)	863,000
Payments for equity method investment	(355,000)	(60,000)	(2,000,000)
Cash received in acquisitions		4,735,000
Net cash and cash equivalents provided by (used in) investing activities	(390,000)	5,538,000	(2,000,000)
Financing activities:
Advances (repayments) of short-term borrowings	(8,000,000)	8,000,000
Payments on long-term borrowings	(625,000)	(625,000)	(625,000)
Cash dividends paid	(29,082,000)	(25,494,000)	(12,535,000)
Net issuance (repurchase) common stock	(15,748,000)	(52,971,000)	(8,677,000)
Net cash and cash equivalents provided by (used in) financing activities	(53,455,000)	(71,090,000)	(21,837,000)
Increase (decrease) in cash and cash equivalents	694,000	(400,000)	3,587,000
Cash and cash equivalents at beginning of the period	9,692,000	10,092,000	6,505,000
Cash and cash equivalents at end of the period	$ 10,386,000	9,692,000	$ 10,092,000
Supplemental schedule of noncash investing and financing activities
Issuance of common stock in exchange for net assets in acquisition		549,523,000
Transactions Related to Bank Acquisitions
Assets acquired		2,957,521,000
Liabilities assumed		$ 2,642,120,000