10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended September 30, 2017.

or

¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from  to .

Commission File Number: 0-7617

UNIVEST CORPORATION OF PENNSYLVANIA

(Exact name of registrant as specified in its charter)

Pennsylvania	23-1886144
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

14 North Main Street, Souderton, Pennsylvania 18964

(Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code: (215) 721-2400

Not applicable

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	¨	Accelerated filer	x
Non-accelerated filer	¨ (Do not check if a smaller reporting company)	Smaller reporting company	¨
		Emerging growth company	¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.			¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

Common Stock, $5 par value	26,684,355
(Title of Class)	(Number of shares outstanding at October 31, 2017)

UNIVEST CORPORATION OF PENNSYLVANIA AND SUBSIDIARIES

INDEX

			Page Number
Part I.	Financial Information:
	Item 1.	Financial Statements (Unaudited)
		Condensed Consolidated Balance Sheets at September 30, 2017 and December 31, 2016	2
		Condensed Consolidated Statements of Income for the Three and Nine Months Ended September 30, 2017 and 2016	3
		Condensed Consolidated Statements of Comprehensive Income for the Three and Nine Months Ended September 30, 2017 and 2016	4
		Condensed Consolidated Statements of Changes in Shareholders’ Equity for the Nine Months Ended September 30, 2017 and 2016	6
		Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2017 and 2016	7
		Notes to Condensed Consolidated Financial Statements	8
	Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	46
	Item 3.	Quantitative and Qualitative Disclosures About Market Risk	62
	Item 4.	Controls and Procedures	62
Part II.	Other Information
	Item 1.	Legal Proceedings	63
	Item 1A.	Risk Factors	63
	Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	63
	Item 3.	Defaults Upon Senior Securities	63
	Item 4.	Mine Safety Disclosures	63
	Item 5.	Other Information	63
	Item 6.	Exhibits	64
Signatures			65

1

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

UNIVEST CORPORATION OF PENNSYLVANIA

CONDENSED CONSOLIDATED BALANCE SHEETS

	(UNAUDITED)
(Dollars in thousands, except share data)	At September 30, 2017			At December 31, 2016
ASSETS
Cash and due from banks	$	47,876		$	48,757
Interest-earning deposits with other banks	31,614			9,068
Investment securities held-to-maturity (fair value $45,633 and $24,871 at September 30, 2017 and December 31, 2016, respectively)	45,542			24,881
Investment securities available-for-sale	398,280			443,637
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost	27,244			24,869
Loans held for sale	2,228			5,890
Loans and leases held for investment	3,487,164			3,285,886
Less: Reserve for loan and lease losses	(20,543		)	(17,499		)
Net loans and leases held for investment	3,466,621			3,268,387
Premises and equipment, net	64,586			63,638
Goodwill	172,559			172,559
Other intangibles, net of accumulated amortization and fair value adjustments of $20,786 and $17,597 at September 30, 2017 and December 31, 2016, respectively	14,567			16,651
Bank owned life insurance	100,158			99,948
Accrued interest receivable and other assets	46,088			52,243
Total assets	$	4,417,363		$	4,230,528
LIABILITIES
Noninterest-bearing deposits	$	987,881		$	918,337
Interest-bearing deposits:
Demand deposits	1,105,211			909,963
Savings deposits	854,338			803,078
Time deposits	571,160			626,189
Total deposits	3,518,590			3,257,567
Short-term borrowings	32,091			196,171
Long-term debt	206,168			127,522
Subordinated notes	94,270			94,087
Accrued interest payable and other liabilities	37,446			49,972
Total liabilities	3,888,565			3,725,319
SHAREHOLDERS’ EQUITY
Common stock, $5 par value: 48,000,000 shares authorized at September 30, 2017 and December 31, 2016; 28,911,799 shares issued at September30, 2017 and December 31, 2016; 26,671,336 and 26,589,353 shares outstanding at September 30, 2017 and December 31, 2016, respectively	144,559			144,559
Additional paid-in capital	232,172			230,494
Retained earnings	212,363			194,516
Accumulated other comprehensive loss, net of tax benefit	(16,343		)	(19,454		)
Treasury stock, at cost;2,240,463and 2,322,446 shares at September 30, 2017 and December 31, 2016, respectively	(43,953		)	(44,906		)
Total shareholders’ equity	528,798			505,209
Total liabilities and shareholders’ equity	$	4,417,363		$	4,230,528

Note: See accompanying notes to the unaudited consolidated financial statements.

2

UNIVEST CORPORATION OF PENNSYLVANIA

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

	Three Months Ended   September 30,					Nine Months Ended   September 30,
(Dollars in thousands, except per share data)	2017		2016			2017		2016
Interest income
Interest and fees on loans and leases:
Taxable	$	37,153	$	32,236		$	105,955	$	76,397
Exempt from federal income taxes	2,106		1,982			6,225		5,472
Total interest and fees on loans and leases	39,259		34,218			112,180		81,869
Interest and dividends on investment securities:
Taxable	1,855		1,483			5,376		3,945
Exempt from federal income taxes	550		669			1,725		2,113
Interest on deposits with other banks	133		14			188		51
Interest and dividends on other earning assets	375		321			1,129		573
Total interest income	42,172		36,705			120,598		88,551
Interest expense
Interest on deposits	3,068		2,081			7,720		5,072
Interest on short-term borrowings	169		276			756		599
Interest on long-term debt and subordinated notes	2,048		1,479			5,652		2,827
Total interest expense	5,285		3,836			14,128		8,498
Net interest income	36,887		32,869			106,470		80,053
Provision for loan and lease losses	2,689		1,415			7,900		2,571
Net interest income after provision for loan and lease losses	34,198		31,454			98,570		77,482
Noninterest income
Trust fee income	1,924		1,958			5,847		5,820
Service charges on deposit accounts	1,371		1,344			3,927		3,398
Investment advisory commission and fee income	3,455		2,905			9,969		8,352
Insurance commission and fee income	3,492		3,267			11,530		11,328
Other service fee income	2,123		1,965			6,355		5,727
Bank owned life insurance income	742		711			3,147		1,716
Net gain on sales of investment securities	7		30			43		487
Net gain on mortgage banking activities	908		2,006			3,558		4,935
Other income (loss)	87		(49		)	712		206
Total noninterest income	14,109		14,137			45,088		41,969
Noninterest expense
Salaries and benefits	16,909		16,710			49,919		44,972
Commissions	2,244		2,485			6,668		6,743
Net occupancy	2,523		2,534			7,872		6,730
Equipment	1,019		942			3,043		2,468
Data processing	2,118		2,169			6,257		4,980
Professional fees	1,447		1,322			3,934		3,289
Marketing and advertising	271		345			1,125		1,396
Deposit insurance premiums	409		327			1,262		1,192
Intangible expenses	690		854			1,895		2,611
Acquisition-related costs	—		8,784			—		10,156
Integration costs	—		5,365			—		5,398
Restructuring recoveries	—		(85		)	—		(85		)
Other expense	5,065		5,314			15,298		13,701
Total noninterest expense	32,695		47,066			97,273		103,551
Income before income taxes	15,612		(1,475		)	46,385		15,900
Income tax expense (benefit)	4,416		(1,533		)	12,555		3,313
Net income	$	11,196	$	58		$	33,830	$	12,587
Net income per share:
Basic	$	0.42	$	—		$	1.27	$	0.58
Diluted	0.42		—			1.27		0.57
Dividends declared	0.20		0.20			0.60		0.60

Note: See accompanying notes to the unaudited consolidated financial statements.

3

UNIVEST CORPORATION OF PENNSYLVANIA

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

	Three Months Ended September 30,
(Dollars in thousands)	2017									2016
	Before Tax Amount			Tax Expense (Benefit)			Net of Tax Amount			Before Tax Amount			Tax Expense (Benefit)			Net of Tax Amount
Income (loss)	$	15,612		$	4,416		$	11,196		$	(1,475	)	$	(1,533	)	$	58
Other comprehensive income:
Net unrealized gains (losses) on available-for-sale investment securities:
Net unrealized holding gains (losses) arising during the period	1,030			362			668			(151		)	(53		)	(98		)
Less: reclassification adjustment for net gains on sales realized in net income (1)	(7		)	(2		)	(5		)	(30		)	(10		)	(20		)
Total net unrealized gains (losses) on available-for-sale investment securities	1,023			360			663			(181		)	(63		)	(118		)
Net unrealized (losses) gains on interest rate swaps used in cash flow hedges:
Net unrealized holding (losses) gains arising during the period	(20		)	(7		)	(13		)	101			35			66
Less: reclassification adjustment for net losses realized in net income (2)	41			14			27			76			27			49
Total net unrealized gains on interest rate swaps used in cash flow hedges	21			7			14			177			62			115
Defined benefit pension plans:
Amortization of net actuarial loss included in net periodic pension costs (3)	320			112			208			330			115			215
Accretion of prior service cost included in net periodic pension costs (3)	(71		)	(25		)	(46		)	(71		)	(25		)	(46		)
Total defined benefit pension plans	249			87			162			259			90			169
Other comprehensive income	1,293			454			839			255			89			166
Total comprehensive income (loss)	$	16,905		$	4,870		$	12,035		$	(1,220	)	$	(1,444	)	$	224

(1) Included in net gain on sales of investment securities on the consolidated statements of income (before tax amount).

(2) Included in interest expense on deposits on the consolidated statements of income (before tax amount).

(3) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (before tax amount). See Note 7—Retirement Plans and Other Postretirement Benefits for additional details.

Note: See accompanying notes to the unaudited consolidated financial statements.

4

	Nine Months Ended September 30,
(Dollars in thousands)	2017									2016
	Before Tax Amount			Tax Expense (Benefit)			Net of Tax Amount			Before Tax Amount			Tax Expense (Benefit)			Net of Tax Amount
Income	$	46,385		$	12,555		$	33,830		$	15,900		$	3,313		$	12,587
Other comprehensive income:
Net unrealized gains on available-for-sale investment securities:
Net unrealized holding gains arising during the period	4,082			1,430			2,652			4,151			1,453			2,698
Less: reclassification adjustment for net gains on sales realized in net income (1)	(43		)	(15		)	(28		)	(487		)	(170		)	(317		)
Total net unrealized gains on available-for-sale investment securities	4,039			1,415			2,624			3,664			1,283			2,381
Net unrealized (losses) gains on interest rate swaps used in cash flow hedges:
Net unrealized holding losses arising during the period	(105		)	(37		)	(68		)	(825		)	(289		)	(536		)
Less: reclassification adjustment for net losses realized in net income (2)	148			52			96			237			83			154
Total net unrealized gains (losses) on interest rate swaps used in cash flow hedges	43			15			28			(588		)	(206		)	(382		)
Defined benefit pension plans:
Amortization of net actuarial loss included in net periodic pension costs (3)	918			321			597			988			345			643
Accretion of prior service cost included in net periodic pension costs (3)	(212		)	(74		)	(138		)	(212		)	(74		)	(138		)
Total defined benefit pension plans	706			247			459			776			271			505
Other comprehensive income	4,788			1,677			3,111			3,852			1,348			2,504
Total comprehensive income	$	51,173		$	14,232		$	36,941		$	19,752		$	4,661		$	15,091

(1) Included in net gain on sales of investment securities on the consolidated statements of income (before tax amount).

(2) Included in interest expense on deposits on the consolidated statements of income (before tax amount).

(3) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (before tax amount). See Note 7—Retirement Plans and Other Postretirement Benefits for additional details.

Note: See accompanying notes to the unaudited consolidated financial statements.

5

UNIVEST CORPORATION OF PENNSYLVANIA

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY

(Unaudited)

(Dollars in thousands, except share and per share data)	Common Shares Outstanding		Common Stock		Additional Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive (Loss) Income			Treasury Stock			Total
Nine Months Ended September 30, 2017
Balance at December 31, 2016	26,589,353		$	144,559	$	230,494		$	194,516		$	(19,454	)	$	(44,906	)	$	505,209
Net income	—		—		—			33,830			—			—			33,830
Other comprehensive income, net of income tax	—		—		—			—			3,111			—			3,111
Cash dividends declared ($0.60 per share)	—		—		—			(15,983		)	—			—			(15,983		)
Stock issued under dividend reinvestment and employee stock purchase plans	63,683		—		130			—			—			1,709			1,839
Exercise of stock options	84,870		—		(121		)	—			—			1,648			1,527
Stock-based compensation	—		—		2,550			—			—			—			2,550
Purchases of treasury stock	(112,393	)	—		—			—			—			(3,285		)	(3,285		)
Restricted stock awards granted, net of cancellations	45,823		—		(881		)	—			—			881			—
Balance at September 30, 2017	26,671,336		$	144,559	$	232,172		$	212,363		$	(16,343	)	$	(43,953	)	$	528,798

(Dollars in thousands, except share and per share data)	Common Shares Outstanding		Common Stock		Additional Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive (Loss) Income			Treasury Stock			Total
Nine Months Ended September 30, 2016
Balance at December 31, 2015	19,530,930		$	110,271	$	121,280		$	193,446		$	(16,708	)	$	(46,715	)	$	361,574
Net income	—		—		—			12,587			—			—			12,587
Other comprehensive income, net of income tax	—		—		—			—			2,504			—			2,504
Cash dividends declared ($0.60 per share)	—		—		—			(13,125		)	—			—			(13,125		)
Stock issued under dividend reinvestment and employee stock purchase plans	90,420		—		42			—			—			1,806			1,848
Issuance of common stock, acquisition	6,857,529		34,288		109,858			—			—			—			144,146
Exercise of stock options	39,829		—		(2		)	—			—			739			737
Stock-based compensation	—		—		1,407			—			—			—			1,407
Purchases of treasury stock	(118,412	)	—		—			—			—			(2,429		)	(2,429		)
Restricted stock awards granted, net of cancellations	158,116		—		(2,950		)	—			—			2,950			—
Balance at September 30, 2016	26,558,412		$	144,559	$	229,635		$	192,908		$	(14,204	)	$	(43,649	)	$	509,249

Note: See accompanying notes to the unaudited consolidated financial statements.

6

UNIVEST CORPORATION OF PENNSYLVANIA

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

	Nine Months Ended September 30,
(Dollars in thousands)	2017			2016
Cash flows from operating activities:
Net income	$	33,830		$	12,587
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan and lease losses	7,900			2,571
Depreciation of premises and equipment	4,151			3,059
Net amortization of investment securities premiums and discounts	1,416			1,238
Net gain on sales of investment securities	(43		)	(487		)
Net gain on mortgage banking activities	(3,558		)	(4,935		)
Bank owned life insurance income	(3,147		)	(1,716		)
Net accretion of acquisition accounting fair value adjustments	(2,572		)	(947		)
Stock-based compensation	2,550			1,407
Intangible expenses	1,895			2,611
Other adjustments to reconcile net income to cash (used in) provided by operating activities	(286		)	3,035
Originations of loans held for sale	(105,557		)	(187,553		)
Proceeds from the sale of loans held for sale	112,602			192,207
Contributions to pension and other postretirement benefit plans	(2,206		)	(2,181		)
Decrease (increase) in accrued interest receivable and other assets	1,395			(2,771		)
(Decrease) increase in accrued interest payable and other liabilities	(3,620		)	5,777
Net cash provided by operating activities	44,750			23,902
Cash flows from investing activities:
Net cash paid due to acquisitions	—			(94,835		)
Net capital expenditures	(5,040		)	(9,292		)
Proceeds from maturities, calls and principal repayments of securities held-to-maturity	21,796			17,000
Proceeds from maturities, calls and principal repayments of securities available-for-sale	72,306			86,092
Proceeds from sales of securities available-for-sale	3,538			75,265
Purchases of investment securities held-to-maturity	(42,585		)	—
Purchases of investment securities available-for-sale	(28,849		)	(58,820		)
Net increase in other investments	(2,375		)	(4,140		)
Net increase in loans and leases	(204,866		)	(239,949		)
Net (increase) decrease in interest-earning deposits	(22,546		)	30,829
Proceeds from sales of other real estate owned	3,996			—
Proceeds from bank owned life insurance	2,937			—
Net cash used in investing activities	(201,688		)	(197,850		)
Cash flows from financing activities:
Net increase in deposits	261,402			46,197
Net (decrease) increase in short-term borrowings	(164,080		)	108,372
Proceeds from issuance of long-term debt	95,000			—
Repayment of long-term debt	(15,000		)	—
Proceeds from issuance of subordinated notes	—			44,515
Payment of contingent consideration on acquisitions	(5,380		)	(2,519		)
Purchases of treasury stock	(3,285		)	(2,429		)
Stock issued under dividend reinvestment and employee stock purchase plans	1,839			1,848
Proceeds from exercise of stock options	1,527			737
Cash dividends paid	(15,966		)	(11,719		)
Net cash provided by financing activities	156,057			185,002
Net (decrease) increase in cash and due from banks	(881		)	11,054
Cash and due from banks at beginning of year	48,757			32,356
Cash and due from banks at end of period	$	47,876		$	43,410
Supplemental disclosures of cash flow information:
Cash paid for interest	$	15,458		$	9,618
Cash paid for income taxes, net of refunds	12,448			6,461
Non cash transactions:
Transfer of loans to other real estate owned	$	649		$	2,347
Assets acquired through acquisitions	—			1,090,859
Liabilities assumed through acquisitions	—			911,316

Note: See accompanying notes to the unaudited consolidated financial statements.

7

UNIVEST CORPORATION OF PENNSYLVANIA AND SUBSIDIARIES

Notes to the Condensed Unaudited Consolidated Financial Statements

Note 1. Summary of Significant Accounting Policies

Principles of Consolidation and Basis of Presentation

The accompanying unaudited consolidated financial statements include the accounts of Univest Corporation of Pennsylvania (the Corporation or Univest) and its wholly owned subsidiaries. The Corporation’s direct subsidiary is Univest Bank and Trust Co. (the Bank). All significant intercompany balances and transactions have been eliminated in consolidation. The unaudited interim consolidated financial statements included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) have been condensed or omitted pursuant to such rules and regulations for interim financial information. The accompanying unaudited consolidated financial statements reflect all adjustments which are of a normal recurring nature and are, in the opinion of management, necessary for a fair presentation of the financial statements for the interim periods presented. Certain prior period amounts have been reclassified to conform to the current-year presentation. Operating results for the three and nine-month periods ended September 30, 2017 are not necessarily indicative of the results that may be expected for the year ended December 31, 2017 or for any other period. It is suggested that these unaudited consolidated financial statements be read in conjunction with the audited financial statements and the notes thereto included in the registrant’s Annual Report on Form 10-K for the year ended December 31, 2016, which was filed with the SEC on March 3, 2017.

Use of Estimates

The preparation of the unaudited consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes include fair value measurement of investment securities available-for-sale and assessment for impairment of certain investment securities, reserve for loan and lease losses, purchase accounting, valuation of goodwill and other intangible assets, servicing rights, deferred tax assets and liabilities, benefit plans and stock-based compensation.

Recent Accounting Pronouncements

In August 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2017-12, “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities." The amendments in this update expand and refine hedge accounting for both non-financial and financial risk components and aligns the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. Additional hedging strategies permitted for hedge accounting include: hedges of contractually-specified price components of commodity purchases or sales, hedges of the benchmark rate component of the contractual coupon cash flows of fixed-rate assets or liabilities, hedges of the portion of a closed portfolio of prepayable assets not expected to prepay, and partial-term hedges of fixed-rate assets or liabilities. The ASU amends the presentation and disclosure requirements and changes how entities assess effectiveness. The ASU eliminates the requirement to separately measure and report hedge ineffectiveness and requires all items that affect earnings be presented in the same income statement line as the hedged items. After initial qualification, the new guidance permits a qualitative effectiveness assessment for certain hedges instead of a quantitative test, such as a regression analysis, if the entity can reasonably support an expectation of high effectiveness throughout the term of the hedge. An initial quantitative test to establish that the hedge relationship is highly effective is still required. The ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years for public business entities, or January 1, 2019 for the Corporation. Early adoption is permitted, including an interim period. The amended presentation and disclosure guidance is required only prospectively. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In May 2017, the FASB issued ASU No. 2017-09, “Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting." This ASU provides clarification on when modification accounting should be used for changes to the terms or conditions of a share-based payment award. The ASU does not change the accounting for modifications but clarifies that modification accounting guidance should only be applied if there is a change to the value, vesting conditions, or award classification. This ASU is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years, or January 1, 2018 for the Corporation. Early adoption is permitted, including an interim period. The amendments in this ASU should be applied prospectively to an award modified on or after the adoption. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

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In March 2017, the FASB issued ASU No. 2017-08, “Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities.” This ASU shortens the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. The guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, or January 1, 2019 for the Corporation. Early adoption is permitted, including an interim period. This ASU is to be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption.The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In March 2017, the FASB issued ASU No. 2017-07, "Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." The amendments in this ASU require that an employer that sponsors defined benefit pension plans and other postretirement plans present the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. Other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. The amendments also allow only the service cost component to be eligible for capitalization, when applicable. This ASU is effective for public business entities for annual periods beginning after December 15, 2017, including interim periods within those annual periods, or January 1, 2018 for the Corporation. This ASU should be applied retrospectively for the presentation requirements and prospectively for the capitalization of the service cost component requirements. The amendments allow a practical expedient that permits an employer to use the amounts disclosed in its pension and other postretirement benefit plan note for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. Disclosure that the practical expedient was used is required. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In January 2017, the FASB issued ASU No. 2017-04, "Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment." This ASU eliminates Step 2 of the goodwill impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. Under the new guidance, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. Public business entities that are SEC filers should adopt the amendments in this ASU for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019, or for the Corporation's goodwill impairment test in 2020. Early adoption is permitted for goodwill impairment tests with measurement dates after January 1, 2017. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In January 2017, the FASB issued ASU No. 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business." The amendments in this ASU clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Under the current implementation guidance in Topic 805, there are three elements of a business – inputs, processes, and outputs. While an integrated set of assets and activities (collectively referred to as a “set”) that is a business usually has outputs, outputs are not required to be present. In addition, all the inputs and processes that a seller uses in operating a set are not required if market participants can acquire the set and continue to produce outputs. The amendments in this ASU provide a screen to determine when a set is not a business. If the screen is not met, the amendments (1) require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output, and (2) remove the evaluation of whether a market participant could replace missing elements. The ASU provides a framework to assist entities in evaluating whether both an input and a substantive process are present. The amendments in this ASU are effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods, or January 1, 2018 for the Corporation. The amendments in this ASU should be applied prospectively on or after the effective date. The Corporation does not anticipate the adoption of this ASU will have a material impact on the Corporation's financial statements.

In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This ASU requires businesses and other organizations to measure the current expected credit losses (CECL) on financial assets, such as loans, net investments in leases, certain debt securities, bond insurance and other receivables. The amendments affect entities holding financial assets and net investments in leases that are not accounted for at

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fair value through net income. Current GAAP requires an incurred loss methodology for recognizing credit losses that delays recognition until it is probable a loss has been incurred. The amendments in this ASU replace the incurred loss impairment methodology with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonableness and supportable information to inform credit loss estimates. An entity should apply the amendments through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (modified-retrospective approach). Acquired credit impaired loans for which the guidance in Accounting Standards Codification (ASC) Topic 310-30 has been previously applied should prospectively apply the guidance in this ASU. A prospective transition approach is required for debt securities for which an other-than-temporary impairment has been recognized before the effective date. The ASU is effective for fiscal years beginning after December 15, 2019, and interim periods within those years for public business entities that are SEC filers, or January 1, 2020 for the Corporation. The Corporation is in the process of evaluating the impact of the adoption of this guidance on the Corporation's financial statements; however, it is anticipated that the allowance will increase upon adoption of CECL and that the increased allowance level will decrease shareholders' equity and regulatory capital and ratios.

In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)" to revise the accounting related to lessee accounting. Under the new guidance, lessees will be required to recognize a lease liability and a right-of-use asset for all leases. Disclosures will be required by lessees and lessors to meet the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. Lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that entities may elect to apply. These practical expedients relate to the identification and classification of leases that commenced before the effective date, initial direct costs for leases that commenced before the effective date, and the ability to use hindsight in evaluating lessee options to extend or terminate a lease or to purchase the underlying asset. An entity that elects to apply the practical expedients will, in effect, continue to account for leases that commence before the effective date in accordance with previous GAAP unless the lease is modified, except that lessees are required to recognize a right-of-use asset and a lease liability for all operating leases at each reporting date based on the present value of the remaining minimum rental payments that were tracked and disclosed under previous GAAP. The ASU is effective for the first interim period within annual periods beginning after December 15, 2018, or January 1, 2019, with early adoption permitted. The Corporation is in the process of evaluating the impact of the adoption of this guidance on the Corporation's financial statements; however, the adoption of this ASU will impact the balance sheet for the recording of assets and liabilities for operating leases; any initial or continued impact of the recording of assets will have a negative impact on all Corporation and Bank capital ratios under current regulatory guidance and possibly equity ratios.

In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities." This ASU addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments. The ASU will require equity investments to be measured at fair value with changes in fair value recognized in net income. When fair value is not readily determinable, an entity may elect to measure the equity investment at cost, minus impairment, plus or minus any change in the investment’s observable price. The ASU will simplify the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment. When a qualitative assessment indicates that impairment exists, an entity is required to measure the investment at fair value. A valuation allowance on a deferred tax asset related to available-for-sale securities will need to be included. For financial liabilities that are measured at fair value, the ASU requires an entity to present separately, in other comprehensive income, any change in fair value resulting from a change in instrument-specific credit risk. An entity should apply the amendments by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. The amendments related to equity securities without readily determinable fair values (including disclosure requirements) should be applied prospectively to equity investments that exist as of the date of adoption. The amendments in this ASU are effective for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2017 or January 1, 2018 for the Corporation. At September 30, 2017, the Corporation's equity portfolio had a carrying value of $1.0 million which included an unrealized net gain of $590 thousand. This unrealized net gain, net of income taxes, amounted to $384 thousand and was recorded in accumulated other comprehensive income. Upon implementation using the prospective approach, the balance in accumulated other comprehensive income will be reclassed to retained earnings. The carrying value of the equity securities, upon implementation, will not change; however, any future increases or decreases in fair value will be recorded as an increase or decrease to the carrying value and recognized in non-interest income.

In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers (Topic 606)” and subsequent related updates. This ASU clarifies the principles for recognizing revenue and develops a common standard for U.S. GAAP and International Financial Reporting Standards. The ASU establishes a core principle that requires an entity to identify the contract(s) with a customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when (or as) the entity satisfies a performance obligation. The ASU provides for improved disclosure requirements that require entities to disclose sufficient information that enables users

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of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. 

The Corporation will adopt the guidance effective January 1, 2018 and expects to use the modified retrospective method with a cumulative-effect adjustment to opening retained earnings, if such adjustment is deemed significant. The Corporation’s revenue is the sum of net interest income and noninterest income. The scope of the guidance excludes nearly all net interest income as well as many other revenues for financial assets and liabilities including loans, leases, securities, and derivatives. The Corporation has completed the initial scoping review and determined that approximately 82% of non-interest income revenue streams are within the scope of the new standard. Non-interest income streams that are out of scope of the new standard include BOLI, sales of investment securities, mortgage banking activities, certain items within other service fee income such as mortgage servicing income, and certain items within other income. Management is currently reviewing contracts related to trust fee income, service charges on deposits, investment advisory commissions and fee income, insurance commission and fee income and certain items within other service fee income and other income. While the Corporation has not identified material changes to the timing or amount of revenue recognition, the review is ongoing. The Corporation is evaluating changes that may be necessary to applicable disclosures of disaggregation of total revenue, information about performance obligations, information about key judgments and estimates and policy decisions regarding revenue recognition.

Note 2. Earnings per Share

The Corporation uses the two-class method to calculate earnings per share as the unvested restricted stock issued under the Corporation's equity incentive plans are participating shares with nonforfeitable rights to dividends. Under the two-class method, earnings per common share are computed by dividing the sum of distributed earnings to common shareholders and undistributed earnings allocated to common shareholders by the weighted average number of common shares outstanding for the period. In applying the two-class method, undistributed earnings are allocated to both common shares and participating securities based on the number of weighted average shares outstanding during the period. The table also notes anti-dilutive options which are those options with weighted average exercise prices in excess of the weighted average market value for the periods presented.

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended   September 30,					Nine Months Ended   September 30,
(Dollars and shares in thousands, except per share data)	2017			2016		2017			2016
Numerator:
Net income	$	11,196		$	58	$	33,830		$	12,587
Net income allocated to unvested restricted stock	(96		)	—		(330		)	(102		)
Net income allocated to common shares	$	11,100		$	58	$	33,500		$	12,485
Denominator:
Denominator for basic earnings per share—weighted-average shares outstanding	26,437			26,274		26,388			21,720
Effect of dilutive securities—employee stock options	105			67		102			41
Denominator for diluted earnings per share—adjusted weighted-average shares outstanding	26,542			26,341		26,490			21,761
Basic earnings per share	$	0.42		$	—	$	1.27		$	0.58
Diluted earnings per share	$	0.42		$	—	$	1.27		$	0.57
Average anti-dilutive options excluded from computation of diluted earnings per share	185			201		166			550

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Note 3. Investment Securities

The following table shows the amortized cost and the estimated fair value of the held-to-maturity securities and available-for-sale securities at September 30, 2017 and December 31, 2016, by contractual maturity within each type:

	At September 30, 2017									At December 31, 2016
(Dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Securities Held-to-Maturity
U.S. government corporations and agencies:
After 1 year to 5 years	$	6,995	$	—	$	(10	)	$	6,985	$	—	$	—	$	—		$	—
	6,995		—		(10		)	6,985		—		—		—			—
Residential mortgage-backed securities:
After 5 years to 10 years	9,418		3		—			9,421		—		—		—			—
Over 10 years	29,129		100		(2		)	29,227		5,071		—		(3		)	5,068
	38,547		103		(2		)	38,648		5,071		—		(3		)	5,068
Corporate bonds:
Within 1 year	—		—		—			—		19,810		2		(9		)	19,803
	—		—		—			—		19,810		2		(9		)	19,803
Total	$	45,542	$	103	$	(12	)	$	45,633	$	24,881	$	2	$	(12	)	$	24,871
Securities Available-for-Sale
U.S. government corporations and agencies:
Within 1 year	$	1,499	$	—	$	(3	)	$	1,496	$	15,000	$	20	$	—		$	15,020
After 1 year to 5 years	15,634		—		(40		)	15,594		17,265		—		(19		)	17,246
	17,133		—		(43		)	17,090		32,265		20		(19		)	32,266
State and political subdivisions:
Within 1 year	1,258		4		—			1,262		964		—		(1		)	963
After 1 year to 5 years	17,838		52		(23		)	17,867		18,705		38		(75		)	18,668
After 5 years to 10 years	57,334		1,166		(16		)	58,484		55,541		829		(426		)	55,944
Over 10 years	3,120		9		(17		)	3,112		12,663		226		(114		)	12,775
	79,550		1,231		(56		)	80,725		87,873		1,093		(616		)	88,350
Residential mortgage-backed securities:
After 1 year to 5 years	4,814		33		(6		)	4,841		6,086		—		(66		)	6,020
After 5 years to 10 years	58,482		14		(718		)	57,778		23,479		—		(622		)	22,857
Over 10 years	113,530		133		(1,712		)	111,951		174,388		99		(4,794		)	169,693
	176,826		180		(2,436		)	174,570		203,953		99		(5,482		)	198,570
Collateralized mortgage obligations:
Over 10 years	3,879		20		(57		)	3,842		4,659		—		(105		)	4,554
	3,879		20		(57		)	3,842		4,659		—		(105		)	4,554
Corporate bonds:
Within 1 year	9,015		—		(3		)	9,012		250		—		—			250
After 1 year to 5 years	33,302		87		(67		)	33,322		35,923		34		(241		)	35,716
After 5 years to 10 years	15,176		43		(215		)	15,004		15,193		—		(516		)	14,677
Over 10 years	60,000		—		(2,909		)	57,091		60,000		27		(2,472		)	57,555
	117,493		130		(3,194		)	114,429		111,366		61		(3,229		)	108,198
Money market mutual funds:
No stated maturity	6,624		—		—			6,624		10,784		—		—			10,784
	6,624		—		—			6,624		10,784		—		—			10,784
Equity securities:
No stated maturity	410		591		(1		)	1,000		411		504		—			915
	410		591		(1		)	1,000		411		504		—			915
Total	$	401,915	$	2,152	$	(5,787	)	$	398,280	$	451,311	$	1,777	$	(9,451	)	$	443,637

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Expected maturities may differ from contractual maturities because debt issuers may have the right to call or prepay obligations without call or prepayment penalties and mortgage-backed securities typically prepay at a rate faster than contractually due. Unrealized losses in investment securities at September 30, 2017 and December 31, 2016 do not represent other-than-temporary impairments in management's judgment.

Securities with a carrying value of $335.5 million and $356.7 million at September 30, 2017 and December 31, 2016, respectively, were pledged to secure public deposits and other contractual obligations. In addition, securities of $1.9 million and $1.4 million were pledged to secure credit derivatives and interest rate swaps at September 30, 2017 and December 31, 2016, respectively. See Note 10, "Derivative Instruments and Hedging Activities" for additional information.

The following table presents information related to sales of securities available-for-sale during the nine months ended September 30, 2017 and 2016:

	Nine Months Ended September 30,
(Dollars in thousands)	2017		2016
Securities available-for-sale:
Proceeds from sales	$	3,538	$	75,265
Gross realized gains on sales	43		568
Gross realized losses on sales	—		81
Tax expense related to net realized gains on sales	15		170

Management evaluates debt securities, which are comprised of U.S. government, government sponsored agencies, municipalities, corporate bonds and other issuers, for other-than-temporary impairment by considering the current economic conditions, the length of time and the extent to which the fair value has been less than cost, market interest rates and the credit rating of each security. The Corporation does not have the intent to sell the debt securities and believes it is more likely than not, that it will not have to sell the securities before recovery of their cost basis. The Corporation did not recognize any other-than-temporary impairment charges on debt securities for the nine months ended September 30, 2017 and 2016.

At September 30, 2017 and December 31, 2016, there were no investments in any single non-federal issuer representing more than 10% of shareholders’ equity.

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The following table shows the fair value of securities that were in an unrealized loss position at September 30, 2017 and December 31, 2016 by the length of time those securities were in a continuous loss position. For the investment securities in an unrealized loss position, the Corporation has concluded, based on its analysis, that the unrealized losses are primarily caused by the movement of interest rates and current market conditions. The contractual terms of these investments do not permit the issuer to settle the securities at a price less than the par value of the investment. It is more likely than not that the Corporation will not be required to sell the investment before a recovery of carrying value.

	Less than Twelve Months					Twelve Months or Longer					Total
(Dollars in thousands)	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
At September 30, 2017
Securities Held-to-Maturity
U.S. government corporations and agencies	$	6,985	$	(10	)	$	—	$	—		$	6,985	$	(10	)
Residential mortgage-backed securities	10,845		(2		)	—		—			10,845		(2		)
Total	$	17,830	$	(12	)	$	—	$	—		$	17,830	$	(12	)
Securities Available-for-Sale
U.S. government corporations and agencies	$	16,791	$	(38	)	$	300	$	(5	)	$	17,091	$	(43	)
State and political subdivisions	8,508		(35		)	4,402		(21		)	12,910		(56		)
Residential mortgage-backed securities	136,652		(1,955		)	22,819		(481		)	159,471		(2,436		)
Collateralized mortgage obligations	—		—			2,167		(57		)	2,167		(57		)
Corporate bonds	42,377		(906		)	49,760		(2,288		)	92,137		(3,194		)
Equity securities	3		(1		)	—		—			3		(1		)
Total	$	204,331	$	(2,935	)	$	79,448	$	(2,852	)	$	283,779	$	(5,787	)
At December 31, 2016
Securities Held-to-Maturity
Residential mortgage-backed securities	$	5,068	$	(3	)	$	—	$	—		$	5,068	$	(3	)
Corporate bonds	9,779		(9		)	—		—			9,779		(9		)
Total	$	14,847	$	(12	)	$	—	$	—		$	14,847	$	(12	)
Securities Available-for-Sale
U.S. government corporations and agencies	$	11,850	$	(19	)	$	—	$	—		$	11,850	$	(19	)
State and political subdivisions	40,771		(610		)	423		(6		)	41,194		(616		)
Residential mortgage-backed securities	192,782		(5,482		)	—		—			192,782		(5,482		)
Collateralized mortgage obligations	2,012		(26		)	2,542		(79		)	4,554		(105		)
Corporate bonds	58,535		(1,333		)	33,104		(1,896		)	91,639		(3,229		)
Total	$	305,950	$	(7,470	)	$	36,069	$	(1,981	)	$	342,019	$	(9,451	)

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Note 4. Loans and Leases

Summary of Major Loan and Lease Categories

	At September 30, 2017
(Dollars in thousands)	Originated			Acquired		Total
Commercial, financial and agricultural	$	782,769		$	76,448	$	859,217
Real estate-commercial	1,176,956			339,018		1,515,974
Real estate-construction	149,917			6,156		156,073
Real estate-residential secured for business purpose	213,811			96,209		310,020
Real estate-residential secured for personal purpose	249,283			66,623		315,906
Real estate-home equity secured for personal purpose	166,810			11,585		178,395
Loans to individuals	27,297			144		27,441
Lease financings	124,138			—		124,138
Total loans and leases held for investment, net of deferred income	$	2,890,981		$	596,183	$	3,487,164
Unearned lease income, included in the above table	$	(13,864	)	$	—	$	(13,864	)
Net deferred costs, included in the above table	4,725			—		4,725
Overdraft deposits included in the above table	68			—		68

	At December 31, 2016
(Dollars in thousands)	Originated			Acquired		Total
Commercial, financial and agricultural	$	663,221		$	160,045	$	823,266
Real estate-commercial	909,581			465,368		1,374,949
Real estate-construction	142,891			31,953		174,844
Real estate-residential secured for business purpose	151,931			142,137		294,068
Real estate-residential secured for personal purpose	210,377			80,431		290,808
Real estate-home equity secured for personal purpose	147,982			14,857		162,839
Loans to individuals	30,110			263		30,373
Lease financings	134,739			—		134,739
Total loans and leases held for investment, net of deferred income	$	2,390,832		$	895,054	$	3,285,886
Unearned lease income, included in the above table	$	(15,970	)	$	—	$	(15,970	)
Net deferred costs, included in the above table	4,503			—		4,503
Overdraft deposits included in the above table	84			—		84

Overdraft deposits are re-classified as loans and are included in the total loans and leases on the balance sheet.

The carrying amount of acquired loans at September 30, 2017 totaled $596.2 million, including $466.5 million of loans from the Fox Chase acquisition and $129.7 million from the Valley Green Bank acquisition. At September 30, 2017, loans acquired with deteriorated credit quality, or acquired credit impaired loans, totaled $1.6 million representing $832 thousand from the Fox Chase acquisition and $790 thousand from the Valley Green Bank acquisition. Acquired credit impaired loans are accounted for in accordance with Accounting Standards Codification (ASC) Topic 310-30.

The outstanding principal balance and carrying amount for acquired credit impaired loans at September 30, 2017 and December 31, 2016 were as follows:

(Dollars in thousands)	At September 30, 2017		At December 31, 2016
Outstanding principal balance	$	2,428	$	8,993
Carrying amount	1,622		7,352
Allowance for loan losses	—		—

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The following table presents the changes in accretable yield on acquired credit impaired loans:

	Nine Months Ended September 30,
(Dollars in thousands)	2017			2016
Beginning of period	$	50		$	144
Acquisition of credit impaired loans	—			283
Reclassification from nonaccretable discount	823			318
Accretable discount amortized to interest income	(850		)	(501		)
Disposals	(4		)	(34		)
End of period	$	19		$	210

Age Analysis of Past Due Loans and Leases

The following presents, by class of loans and leases, an aging of past due loans and leases, loans and leases which are current and the recorded investment in loans and leases 90 days or more past due which are accruing interest at September 30, 2017 and December 31, 2016:

(Dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or more Past Due		Total Past Due		Current		Acquired Credit Impaired		Total Loans and Leases Held for Investment		Recorded Investment 90 Days or more Past Due and Accruing Interest
At September 30, 2017
Commercial, financial and agricultural	$	1,537	$	164	$	1,594	$	3,295	$	855,457	$	465	$	859,217	$	—
Real estate—commercial real estate and construction:
Commercial real estate	4,510		164		1,688		6,362		1,509,256		356		1,515,974		164
Construction	861		—		365		1,226		154,847		—		156,073		—
Real estate—residential and home equity:
Residential secured for business purpose	541		265		1,255		2,061		307,375		584		310,020		—
Residential secured for personal purpose	2,428		172		446		3,046		312,643		217		315,906		423
Home equity secured for personal purpose	1,497		36		451		1,984		176,411		—		178,395		282
Loans to individuals	155		154		198		507		26,934		—		27,441		198
Lease financings	1,458		1,318		2,231		5,007		119,131		—		124,138		528
Total	$	12,987	$	2,273	$	8,228	$	23,488	$	3,462,054	$	1,622	$	3,487,164	$	1,595
At December 31, 2016
Commercial, financial and agricultural	$	1,536	$	256	$	1,335	$	3,127	$	819,550	$	589	$	823,266	$	—
Real estate—commercial real estate and construction:
Commercial real estate	1,482		1,560		2,591		5,633		1,363,606		5,710		1,374,949		—
Construction	202		—		—		202		174,642		—		174,844		—
Real estate—residential and home equity:
Residential secured for business purpose	1,390		428		1,539		3,357		289,927		784		294,068		—
Residential secured for personal purpose	3,243		905		879		5,027		285,512		269		290,808		481
Home equity secured for personal purpose	717		142		521		1,380		161,459		—		162,839		171
Loans to individuals	324		95		142		561		29,812		—		30,373		142
Lease financings	1,731		1,418		729		3,878		130,861		—		134,739		193
Total	$	10,625	$	4,804	$	7,736	$	23,165	$	3,255,369	$	7,352	$	3,285,886	$	987

16

Nonperforming Loans and Leases

The following presents, by class of loans and leases, nonperforming loans and leases at September 30, 2017 and December 31, 2016. Nonperforming loans exclude acquired credit impaired loans from Fox Chase and Valley Green.

	At September 30, 2017								At December 31, 2016
(Dollars in thousands)	Nonaccrual Loans and Leases*		Accruing Troubled Debt Restructured Loans and Lease Modifications		Loans and Leases 90 Days or more Past Due and Accruing Interest		Total Nonperforming Loans and Leases		Nonaccrual Loans and Leases*		Accruing Troubled Debt Restructured Loans and Lease Modifications		Loans and Leases 90 Days or more Past Due and Accruing Interest		Total Nonperforming Loans and Leases
Commercial, financial and agricultural	$	5,143	$	929	$	—	$	6,072	$	5,746	$	967	$	—	$	6,713
Real estate—commercial real estate and construction:
Commercial real estate	4,514		10,279		164		14,957		5,651		1,519		—		7,170
Construction	365		—		—		365		—		—		—		—
Real estate—residential and home equity:
Residential secured for business purpose	3,333		218		—		3,551		4,898		766		—		5,664
Residential secured for personal purpose	530		42		423		995		560		—		481		1,041
Home equity secured for personal purpose	361		—		282		643		525		—		171		696
Loans to individuals	—		—		198		198		—		—		142		142
Lease financings	1,703		—		528		2,231		536		—		193		729
Total	$	15,949	$	11,468	$	1,595	$	29,012	$	17,916	$	3,252	$	987	$	22,155

* Includes nonaccrual troubled debt restructured loans and lease modifications of $1.7 million and $1.8 million at September 30, 2017 and December 31, 2016, respectively.

Accruing troubled debt restructuring loans of $11.5 million includes balances of $9.2 million related to one borrower which were classified as troubled debt restructurings as the related loans were granted amortization period extensions during the second quarter of 2017.

Credit Quality Indicators

The following tables present by class, the recorded investment in loans and leases held for investment by credit quality indicator at September 30, 2017 and December 31, 2016.

The Corporation employs a ten (10) grade risk rating system related to the credit quality of commercial loans and residential real estate loans secured for a business purpose of which the first six categories are pass categories (credits not adversely rated). The following is a description of the internal risk ratings and the likelihood of loss related to each risk rating.

1. Cash Secured—No credit risk

2. Fully Secured—Negligible credit risk

3. Strong—Minimal credit risk

4. Satisfactory—Nominal credit risk

5. Acceptable—Moderate credit risk

6. Pre-Watch—Marginal, but stable credit risk

7. Special Mention—Potential weakness

8. Substandard—Well-defined weakness

9. Doubtful—Collection in-full improbable

10. Loss—Considered uncollectible

17

Commercial Credit Exposure Credit Risk by Internally Assigned Grades

The following table presents classifications for originated loans:

(Dollars in thousands)	Commercial, Financial and Agricultural		Real Estate— Commercial		Real Estate— Construction		Real Estate— Residential Secured for Business Purpose		Total
At September 30, 2017
Grade:
1. Cash secured/ 2. Fully secured	$	2,314	$	—	$	15,194	$	1,700	$	19,208
3. Strong	13,707		1,921		—		—		15,628
4. Satisfactory	31,732		30,158		—		350		62,240
5. Acceptable	537,421		901,571		74,898		184,904		1,698,794
6. Pre-watch	174,775		203,340		58,266		21,587		457,968
7. Special Mention	1,891		10,499		1,194		299		13,883
8. Substandard	20,929		29,467		365		4,971		55,732
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	782,769	$	1,176,956	$	149,917	$	213,811	$	2,323,453
At December 31, 2016
Grade:
1. Cash secured/ 2. Fully secured	$	272	$	—	$	13,714	$	162	$	14,148
3. Strong	14,980		2,045		—		—		17,025
4. Satisfactory	35,529		38,861		—		367		74,757
5. Acceptable	465,675		676,212		110,650		133,716		1,386,253
6. Pre-watch	113,499		128,646		18,213		12,025		272,383
7. Special Mention	8,820		22,439		314		1,199		32,772
8. Substandard	24,446		41,378		—		4,462		70,286
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	663,221	$	909,581	$	142,891	$	151,931	$	1,867,624

18

The following table presents classifications for acquired loans:

(Dollars in thousands)	Commercial, Financial and Agricultural		Real Estate— Commercial		Real Estate— Construction		Real Estate— Residential Secured for Business Purpose		Total
At September 30, 2017
Grade:
1. Cash secured/ 2. Fully secured	$	1,115	$	—	$	—	$	—	$	1,115
3. Strong	—		—		—		—		—
4. Satisfactory	132		501		—		—		633
5. Acceptable	62,601		199,298		—		75,749		337,648
6. Pre-watch	7,206		130,897		6,156		17,918		162,177
7. Special Mention	—		1,143		—		—		1,143
8. Substandard	5,394		7,179		—		2,542		15,115
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	76,448	$	339,018	$	6,156	$	96,209	$	517,831
December 31, 2016
Grade:
1. Cash secured/ 2. Fully secured	$	583	$	—	$	—	$	—	$	583
3. Strong	—		—		—		—		—
4. Satisfactory	4,399		1,018		—		—		5,417
5. Acceptable	113,512		282,199		20,565		117,322		533,598
6. Pre-watch	31,697		163,623		11,388		14,405		221,113
7. Special Mention	73		7,705		—		6,245		14,023
8. Substandard	9,781		10,823		—		4,165		24,769
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	160,045	$	465,368	$	31,953	$	142,137	$	799,503

Credit Exposure—Real Estate—Residential Secured for Personal Purpose, Real Estate—Home Equity Secured for Personal Purpose, Loans to individuals, Lease Financing Credit Risk Profile by Payment Activity

The Corporation monitors the credit risk profile by payment activity for the following classifications of loans and leases: residential real estate loans secured for a personal purpose, home equity loans secured for a personal purpose, loans to individuals and lease financings. Nonperforming loans and leases are loans and leases past due 90 days or more, loans and leases on nonaccrual of interest and troubled debt restructured loans and lease modifications. Performing loans and leases are reviewed only if the loan becomes 60 days or more past due. Nonperforming loans and leases are reviewed monthly. Performing loans and leases have a nominal to moderate risk of loss.

The following table presents classifications for originated loans:

(Dollars in thousands)	Real Estate— Residential Secured for Personal Purpose		Real Estate— Home Equity Secured for Personal Purpose		Loans to Individuals		Lease Financings		Total
At September 30, 2017
Performing	$	248,796	$	166,414	$	27,099	$	121,907	$	564,216
Nonperforming	487		396		198		2,231		3,312
Total	$	249,283	$	166,810	$	27,297	$	124,138	$	567,528
At December 31, 2016
Performing	$	210,208	$	147,286	$	29,968	$	134,010	$	521,472
Nonperforming	169		696		142		729		1,736
Total	$	210,377	$	147,982	$	30,110	$	134,739	$	523,208

19

The following table presents classifications for acquired loans:

(Dollars in thousands)	Real Estate— Residential Secured for Personal Purpose		Real Estate— Home Equity Secured for Personal Purpose		Loans to Individuals		Lease Financings		Total
At September 30, 2017
Performing	$	66,115	$	11,338	$	144	$	—	$	77,597
Nonperforming	508		247		—		—		755
Total	$	66,623	$	11,585	$	144	$	—	$	78,352
At December 31, 2016
Performing	$	79,559	$	14,857	$	263	$	—	$	94,679
Nonperforming	872		—		—		—		872
Total	$	80,431	$	14,857	$	263	$	—	$	95,551

20

Reserve for Loan and Lease Losses and Recorded Investment in Loans and Leases

The following presents, by portfolio segment, a summary of the activity in the reserve for loan and lease losses for the three and nine months ended September 30, 2017 and 2016:

(Dollars in thousands)	Commercial, Financial and Agricultural			Real Estate— Commercial and Construction			Real Estate— Residential Secured for Business Purpose			Real Estate— Residential and Home Equity Secured for Personal Purpose			Loans to Individuals			Lease Financings			Unallocated			Total
Three Months Ended September 30, 2017
Reserve for loan and lease losses:
Beginning balance	$	8,313		$	8,468		$	1,129		$	974		$	329		$	1,660		$	37		$	20,910
Charge-offs	(290		)	—			(56		)	(83		)	(61		)	(3,097		)	N/A			(3,587		)
Recoveries	325			1			29			68			35			73			N/A			531
(Recovery of provision) provision	(1,732		)	787			204			756			51			2,654			(30		)	2,690
Recovery of provision for acquired credit impaired loans	—			—			(1		)	—			—			—			—			(1		)
Ending balance	$	6,616		$	9,256		$	1,305		$	1,715		$	354		$	1,290		$	7		$	20,543
Three Months Ended September 30, 2016
Reserve for loan and lease losses:
Beginning balance	$	5,788		$	7,549		$	56		$	1,301		$	411		$	1,121		$	927		$	17,153
Charge-offs	(1,753		)	(100		)	(3		)	(34		)	(123		)	(176		)	N/A			(2,189		)
Recoveries	351			83			9			15			28			34			N/A			520
Provision (recovery of provision)	1,300			(388		)	(32		)	268			114			184			(30		)	1,416
Recovery of provision for acquired credit impaired loans	—			—			—			(1		)	—			—			—			(1		)
Ending balance	$	5,686		$	7,144		$	30		$	1,549		$	430		$	1,163		$	897		$	16,899
Nine Months Ended September 30, 2017
Reserve for loan and lease losses:
Beginning balance	$	7,037		$	7,505		$	774		$	993		$	364		$	788		$	38		$	17,499
Charge-offs	(576		)	(30		)	(1,237		)	(177		)	(301		)	(3,681		)	N/A			(6,002		)
Recoveries	722			4			47			89			116			168			N/A			1,146
(Recovery of provision) provision	(567		)	1,777			1,722			808			175			4,015			(31		)	7,899
(Recovery of provision) provision for acquired credit impaired loans	—			—			(1		)	2			—			—			—			1
Ending balance	$	6,616		$	9,256		$	1,305		$	1,715		$	354		$	1,290		$	7		$	20,543
Nine Months Ended September 30, 2016
Reserve for loan and lease losses:
Beginning balance	$	6,418		$	6,572		$	763		$	1,575		$	346		$	1,042		$	912		$	17,628
Charge-offs	(3,580		)	(305		)	(268		)	(90		)	(307		)	(541		)	N/A			(5,091		)
Recoveries	1,316			99			62			66			91			157			N/A			1,791
Provision (recovery of provision)	1,532			600			(527		)	1			300			505			(15		)	2,396
Provision (recovery of provision) for acquired credit impaired loans	—			178			—			(3		)	—			—			—			175
Ending balance	$	5,686		$	7,144		$	30		$	1,549		$	430		$	1,163		$	897		$	16,899

N/A – Not applicable

21

During the quarter ended September 30, 2017, the Corporation recorded charge-offs of $2.8 million related to $5.0 million of software leases under a vendor referral program. The provision for loan losses related to this program was $1.9 million during the quarter ended September 30, 2017 as the Corporation had an allowance for loan and lease losses reserve of $886 thousand as of June 30, 2017. These leases are personally guaranteed by 29 high net worth individuals. During the first quarter of 2017, the lessees stopped making payments due to disputes with the vendor, and Univest Capital, Inc., a subsidiary of the Corporation, filed legal complaints to pursue collection of all amounts owed. A complaint was subsequently filed against Univest Capital Inc. and certain other defendants on March 28, 2017 by one of the lessees in federal court in Texas seeking, among other things, class action certification and a declaration that the contracts and related guarantees are null and void. On September 25, 2017, Univest Capital, Inc. entered into a Release and Settlement Agreement whereby Univest Capital, Inc. will receive $1.0 million based upon court approval of the Agreement and is eligible to receive up to an additional $1.3 million. Payment of the $1.3 million is subject to the individual guarantor's election of whether or not they will be subject to the Release and Settlement Agreement. It is expected this election process will be completed by March 31, 2018. If a guarantor elects to be subject to the Release and Settlement Agreement, Univest Capital, Inc. will receive a payment of $43 thousand per guarantor. If a guarantor elects not to be subject to the Release and Settlement Agreement, Univest Capital, Inc. has the right to pursue collection of the full amount owed, which ranges from $108 thousand to $228 thousand per guarantor, via the normal collection process. As of September 30, 2017, Univest Capital, Inc. has a receivable totaling $2.3 million related to this matter, of which $1.3 million is recorded as a nonaccruing lease receivable and $1.0 million is included in other assets. The $1.0 million payment under the Release and Settlement Agreement, which is subject to court approval, is currently in escrow and is expected to be received during the fourth quarter of 2017.

22

The following presents, by portfolio segment, a summary of the balance in the reserve for loan and lease losses disaggregated on the basis of impairment method and the recorded investment in loans and leases disaggregated on the basis of impairment method at September 30, 2017 and 2016:

(Dollars in thousands)	Commercial, Financial and Agricultural		Real Estate— Commercial and Construction		Real Estate— Residential Secured for Business Purpose		Real Estate— Residential and Home Equity Secured for Personal Purpose		Loans to Individuals		Lease Financings		Unallocated		Total
At September 30, 2017
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	$	15	$	40	$	33	$	—	$	—	$	—	N/A		$	88
Ending balance: collectively evaluated for impairment	6,601		9,216		1,272		1,715		354		1,290		7		20,455
Total ending balance	$	6,616	$	9,256	$	1,305	$	1,715	$	354	$	1,290	$	7	$	20,543
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	$	7,883	$	17,274	$	4,471	$	932	$	—	$	1,250			$	31,810
Ending balance: collectively evaluated for impairment	774,886		1,307,585		209,340		415,161		27,297		122,888				2,857,157
Loans measured at fair value	—		2,014		—		—		—		—				2,014
Acquired non-credit impaired loans	75,983		344,818		95,625		77,991		144		—				594,561
Acquired credit impaired loans	465		356		584		217		—		—				1,622
Total ending balance	$	859,217	$	1,672,047	$	310,020	$	494,301	$	27,441	$	124,138			$	3,487,164
At September 30, 2016
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	$	—	$	—	$	5	$	—	$	—	$	—	N/A		$	5
Ending balance: collectively evaluated for impairment	5,686		7,144		25		1,549		430		1,163		897		16,894
Total ending balance	$	5,686	$	7,144	$	30	$	1,549	$	430	$	1,163	$	897	$	16,899
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	$	10,273	$	23,014	$	4,614	$	1,078	$	—	$	—			$	38,979
Ending balance: collectively evaluated for impairment	587,901		950,730		127,096		341,647		30,137		129,885				2,167,396
Loans measured at fair value	—		2,234		—		—		—		—				2,234
Acquired non-credit impaired loans	184,784		525,944		155,348		100,589		512		—				967,177
Acquired credit impaired loans	722		12,451		1,136		266		—		—				14,575
Total ending balance	$	783,680	$	1,514,373	$	288,194	$	443,580	$	30,649	$	129,885			$	3,190,361

N/A – Not applicable

The Corporation records a provision for loan loss for the acquired non-impaired loans only when additional deterioration of the portfolio is identified over the projections utilized in the initial fair value analysis. After the acquisition measurement period, the present value of any decreases in expected cash flows of acquired credit impaired loans will generally result in an impairment charge recorded as a provision for loan loss, resulting in an increase to the allowance.

23

Impaired Loans

The following presents, by class of loans, the recorded investment and unpaid principal balance of impaired loans, the amounts of the impaired loans for which there is not a reserve for credit losses and the amounts for which there is a reserve for credit losses at September 30, 2017 and December 31, 2016. The impaired loans exclude acquired credit impaired loans.

	At September 30, 2017						At December 31, 2016
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Reserve		Recorded Investment		Unpaid Principal Balance		Related Reserve
Impaired loans with no related reserve recorded:
Commercial, financial and agricultural	$	7,721	$	9,332			$	10,911	$	12,561
Real estate—commercial real estate	15,727		16,616				24,469		25,342
Real estate—construction	365		365				—		—
Real estate—residential secured for business purpose	3,933		5,040				5,704		6,253
Real estate—residential secured for personal purpose	572		628				560		594
Real estate—home equity secured for personal purpose	360		367				525		528
Total impaired loans with no related reserve recorded	$	28,678	$	32,348			$	42,169	$	45,278
Impaired loans with a reserve recorded:
Commercial, financial and agricultural	$	162	$	165	$	15	$	166	$	166	$	19
Real estate—commercial real estate	1,182		1,182		40		597		597		25
Real estate—residential secured for business purpose	538		539		33		983		1,105		191
Total impaired loans with a reserve recorded	$	1,882	$	1,886	$	88	$	1,746	$	1,868	$	235

	At September 30, 2017						At December 31, 2016
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Reserve		Recorded Investment		Unpaid Principal Balance		Related Reserve
Total impaired loans:
Commercial, financial and agricultural	$	7,883	$	9,497	$	15	$	11,077	$	12,727	$	19
Real estate—commercial real estate	16,909		17,798		40		25,066		25,939		25
Real estate—construction	365		365		—		—		—		—
Real estate—residential secured for business purpose	4,471		5,579		33		6,687		7,358		191
Real estate—residential secured for personal purpose	572		628		—		560		594		—
Real estate—home equity secured for personal purpose	360		367		—		525		528		—
Total impaired loans	$	30,560	$	34,234	$	88	$	43,915	$	47,146	$	235

Impaired loans include nonaccrual loans, accruing troubled debt restructured loans and other accruing impaired loans for which it is probable that not all principal and interest payments due will be collectible in accordance with the contractual terms. These loans are individually measured to determine the amount of potential impairment. The loans are reviewed for impairment based on the fair value of the collateral for collateral dependent loans and for certain loans based on discounted cash flows using the loans’ initial effective interest rates. Impaired loans include other accruing impaired loans of $4.8 million and $23.3 million at September 30, 2017 and December 31, 2016, respectively. Specific reserves on other accruing impaired loans were $73 thousand and $84 thousand at September 30, 2017 and December 31, 2016, respectively.

24

The following presents by class of loans, the average recorded investment in impaired loans and an analysis of interest on impaired loans. A loan may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. Therefore, interest income on accruing impaired loans is recognized using the accrual method. 

	Three Months Ended September 30, 2017						Three Months Ended September 30, 2016
(Dollars in thousands)	Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms		Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms
Commercial, financial and agricultural	$	10,211	$	52	$	92	$	12,880	$	62	$	108
Real estate—commercial real estate	18,583		201		69		25,309		273		58
Real estate—construction	365		—		5		—		—		—
Real estate—residential secured for business purpose	3,579		16		34		3,178		11		34
Real estate—residential secured for personal purpose	635		1		8		447		—		6
Real estate—home equity secured for personal purpose	288		—		5		598		—		7
Total	$	33,661	$	270	$	213	$	42,412	$	346	$	213

* Includes interest income recognized on a cash basis for nonaccrual loans of $0 thousand for the three months ended September 30, 2017 and 2016, and interest income recognized on the accrual method for accruing impaired loans of $270 thousand and $346 thousand for the three months ended September 30, 2017 and 2016, respectively.

	Nine Months Ended September 30, 2017						Nine Months Ended September 30, 2016
(Dollars in thousands)	Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms		Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms
Commercial, financial and agricultural	$	11,030	$	162	$	263	$	13,233	$	204	$	281
Real estate—commercial real estate	21,120		618		223		27,346		859		186
Real estate—construction	219		—		15		—		—		—
Real estate—residential secured for business purpose	4,053		53		139		3,818		47		141
Real estate—residential secured for personal purpose	629		2		31		485		2		15
Real estate—home equity secured for personal purpose	391		—		15		408		—		18
Total	$	37,442	$	835	$	686	$	45,290	$	1,112	$	641

* Includes interest income recognized on a cash basis for nonaccrual loans of $4 thousand and $7 thousand for the nine months ended September 30, 2017 and 2016, respectively, and interest income recognized on the accrual method for accruing impaired loans of $831 thousand and $1.1 million for the nine months ended September 30, 2017 and 2016, respectively.

Impaired Leases

The Corporation had impaired leases of $1.3 million with no related reserves at September 30, 2017. The Corporation had no impaired leases at December 31, 2016. See discussion in Nonperforming Loans and Leases.

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Troubled Debt Restructured Loans

The following presents, by class of loans, information regarding accruing and nonaccrual loans that were restructured:

	Three Months Ended September 30, 2017							Three Months Ended September 30, 2016
(Dollars in thousands)	Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Reserve		Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Reserve
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	$	—	$	—	—	$	—	$	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	$	—	$	—	1	$	34	$	34	$	—
Total	—	$	—	$	—	$	—	1	$	34	$	34	$	—

	Nine Months Ended September 30, 2017							Nine Months Ended September 30, 2016
(Dollars in thousands)	Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Allowance		Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Allowance
Accruing Troubled Debt Restructured Loans:
Commercial, financial and agricultural	—	$	—	$	—	$	—	1	$	1,545	$	1,545	$	—
Real estate—commercial real estate	3	9,206		9,206		—		—	—		—		—
Real estate—residential secured for business purpose	—	—		—		—		1	415		415		—
Total	3	$	9,206	$	9,206	$	—	2	$	1,960	$	1,960	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—commercial real estate	1	$	328	$	328	$	—	—	$	—	$	—	$	—
Real estate—residential secured for personal purpose	—	—		—		—		1	34		34		—
Total	1	$	328	$	328	$	—	1	$	34	$	34	$	—

The Corporation grants concessions to existing borrowers primarily related to extensions of interest-only payment periods and an occasional payment modification. These modifications typically are for up to one year. The goal when restructuring a credit is to establish a reasonable period of time to provide cash flow relief to customers experiencing cash flow difficulties. Accruing troubled debt restructured loans are primarily comprised of loans on which interest is being accrued under the restructured terms, and the loans are current or less than ninety days past due.

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The following presents, by class of loans, information regarding the types of concessions granted on accruing and nonaccrual loans that were restructured during the three and nine months ended September 30, 2017 and 2016.

	Interest Only Term Extension			Maturity Date Extension			Amortization Period Extension			Total Concessions Granted
(Dollars in thousands)	No. of Loans	Amount		No. of Loans	Amount		No. of Loans	Amount		No. of Loans	Amount
Three Months Ended September 30, 2017
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Three Months Ended September 30, 2016
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	1	$	34	—	$	—	1	$	34
Total	—	$	—	1	$	34	—	$	—	1	$	34
Nine Months Ended September 30, 2017
Accruing Troubled Debt Restructured Loans:
Real estate—commercial real estate	—	$	—	—	$	—	3	$	9,206	3	$	9,206
Total	—	$	—	—	$	—	3	$	9,206	3	$	9,206
Nonaccrual Troubled Debt Restructured Loans:
Real estate—commercial real estate	—	$	—	1	$	328	—	$	—	1	$	328
Total	—	$	—	1	$	328	—	$	—	1	$	328
Nine Months Ended September 30, 2016
Accruing Troubled Debt Restructured Loans:
Commercial, financial and agricultural	—	$	—	—	$	—	1	$	1,545	1	$	1,545
Real estate—residential secured for business purpose	1	415		—	—		—	—		1	415
Total	1	$	415	—	$	—	1	$	1,545	2	$	1,960
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	1	$	34	—	$	—	1	$	34
Total	—	$	—	1	$	34	—	$	—	1	$	34

The following presents, by class of loans, information regarding accruing and nonaccrual troubled debt restructured loans, for which there were payment defaults within twelve months of the restructuring date:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
(Dollars in thousands)	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	1	$	34	—	$	—	1	$	34
Total	—	$	—	1	$	34	—	$	—	1	$	34

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The following presents, by class of loans, information regarding consumer mortgages collateralized by residential real estate property that are in the process of foreclosure at September 30, 2017 and December 31, 2016:

(Dollars in thousands)	At September 30, 2017		At December 31, 2016
Real estate-home equity secured for personal purpose	$	—	$	180
Total	$	—	$	180

The Corporation held no foreclosed consumer residential real estate property at September 30, 2017 and December 31, 2016.

Note 5. Goodwill and Other Intangible Assets

The Corporation has covenants not to compete agreements with certain individuals, core deposit and customer-related intangibles and servicing rights, which are not deemed to have an indefinite life and therefore will continue to be amortized over their useful life using the present value of projected cash flows. The Corporation also has goodwill which is deemed to be an indefinite intangible asset and is not amortized.

Changes in the carrying amount of the Corporation's goodwill by business segment for the nine months ended September 30, 2017 were as follows:

(Dollars in thousands)	Banking		Wealth Management		Insurance		Consolidated
Balance at December 31, 2016	$	138,476	$	15,434	$	18,649	$	172,559
Addition to goodwill from acquisitions	—		—		—		—
Balance at September 30, 2017	$	138,476	$	15,434	$	18,649	$	172,559

The following table reflects the components of intangible assets at the dates indicated:

	At September 30, 2017						At December 31, 2016
(Dollars in thousands)	Gross Carrying Amount		Accumulated Amortization and Fair Value Adjustments		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization and Fair Value Adjustments		Net Carrying Amount
Amortized intangible assets:
Covenants not to compete	$	710	$	495	$	215	$	710	$	205	$	505
Core deposit intangibles	6,788		1,864		4,924		6,788		1,004		5,784
Customer related intangibles	12,381		9,509		2,872		12,381		8,504		3,877
Servicing rights	15,474		8,918		6,556		14,369		7,884		6,485
Total amortized intangible assets	$	35,353	$	20,786	$	14,567	$	34,248	$	17,597	$	16,651

The estimated aggregate amortization expense for covenants not to compete and core deposit and customer related intangibles for the remainder of 2017 and the succeeding fiscal years is as follows:

Year	(Dollars in thousands)	Amount
Remainder of 2017		$	674
2018		2,115
2019		1,565
2020		1,200
2021		923
Thereafter		1,534

The Corporation has originated mortgage servicing rights, which are included in other intangible assets on the consolidated balance sheets. Mortgage servicing rights are amortized in proportion to, and over the period of, estimated net servicing income on a basis similar to the interest method and an accelerated amortization method for loan payoffs. Mortgage servicing rights are subject to impairment testing on a quarterly basis. The aggregate fair value of these rights was $9.5 million at September 30, 2017 and December 31, 2016. The fair value of mortgage servicing rights was determined using a discount rate of 10.0% at September 30,

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2017 and December 31, 2016. The Corporation also records servicing rights on small business administration (SBA) loans. The value of these servicing rights was $16 thousand and $0 thousand at September 30, 2017 and December 31, 2016, respectively.

Changes in the servicing rights balance are summarized as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
(Dollars in thousands)	2017			2016			2017			2016
Beginning of period	$	6,548		$	5,896		$	6,485		$	5,877
Servicing rights capitalized	376			652			1,106			1,429
Acquired servicing rights	—			87			—			87
Amortization of servicing rights	(368		)	(468		)	(1,035		)	(1,226		)
Changes in valuation allowance	—			—			—			—
End of period	$	6,556		$	6,167		$	6,556		$	6,167
Residential mortgage and SBA loans serviced for others	$	997,169		$	933,470		$	997,169		$	933,470

There was no activity in the valuation allowance for the three and nine months ended September 30, 2017 and September 30, 2016.

The estimated amortization expense of servicing rights for the remainder of 2017 and the succeeding fiscal years is as follows:

Year	(Dollars in thousands)	Amount
Remainder of 2017		$	989
2018		857
2019		737
2020		632
2021		542
Thereafter		2,799

Note 6. Borrowings

The following is a summary of borrowings by type. Short-term borrowings consist of overnight borrowings and term borrowings with an original maturity of one year or less. The long-term debt balances and weighted average interest rates include purchase accounting fair value adjustments, net of related amortization, from the Fox Chase acquisition.

	At September 30, 2017				At December 31, 2016
(Dollars in thousands)	Balance at End of Period		Weighted Average Interest Rate at End of Period		Balance at End of Period		Weighted Average Interest Rate at End of Period
Short-term borrowings:
FHLB borrowings	$	11,000	1.27	%	$	91,300	0.74	%
Federal funds purchased	—		—		80,000		0.81
Customer repurchase agreements	21,091		0.05		24,871		0.05
Long-term debt:
FHLB advances	$	175,256	1.50	%	$	96,248	0.94	%
Security repurchase agreements	30,912		1.39		31,274		0.91
Subordinated notes	$	94,270	5.35	%	$	94,087	5.36	%

The Corporation, through the Bank, has a credit facility with the Federal Home Loan Bank (FHLB) with a maximum borrowing capacity of approximately $1.4 billion. Advances from the FHLB are collateralized by a blanket floating lien on all first mortgage loans of the Bank, FHLB capital stock owned by the Bank and any funds on deposit with the FHLB. At September 30, 2017 and December 31, 2016, the Bank had outstanding short-term letters of credit with the FHLB totaling $328.8 million and $148.5 million, respectively, which were utilized to collateralize public funds deposits. The maximum borrowing capacity with the FHLB changes as a function of the Bank’s qualifying collateral assets as well as the FHLB’s internal credit rating of the Bank.    

29

The Corporation, through the Bank, maintains uncommitted federal fund credit lines with several correspondent banks totaling $367.0 million and $302.0 million at September 30, 2017 and December 31, 2016, respectively. Future availability under these lines is subject to the prerogatives of the granting banks and may be withdrawn at will.

The Corporation, through the Bank, holds collateral at the Federal Reserve Bank of Philadelphia in order to access their Discount Window Lending program. The collateral consisting of investment securities was valued at $52.5 million and $55.7 million at September 30, 2017 and December 31, 2016, respectively. At September 30, 2017 and December 31, 2016, the Corporation had no outstanding borrowings under this program.

The Corporation has a $10.0 million line of credit with a correspondent bank. At September 30, 2017, the Corporation had no outstanding borrowings under this line.

Long-term advances with the FHLB of Pittsburgh mature as follows:

(Dollars in thousands)	As of September 30, 2017		Weighted Average Rate
Remainder of 2017	$	50,204	0.93	%
2018	10,052		0.69
2019	10,000		1.35
2020	40,000		1.70
2021	55,000		1.94
Thereafter	10,000		2.09
Total	$	175,256	1.50	%

Long-term debt under security repurchase agreements with large commercial banks mature as follows:

(Dollars in thousands)	As of September 30, 2017		Weighted Average Rate
Remainder of 2017	$	—	—	%
2018	10,244		1.06
2019	10,304		1.55
2020	10,364		1.56
2021	—		—
Thereafter	—		—
Total	$	30,912	1.39	%

Long-term debt under security repurchase agreements totaling $25.8 million are variable based on the one-month LIBOR rate plus a spread. One borrowing for $5.1 million has a fixed interest rate and may be called by the lender based on the underlying agreement.

Note 7. Retirement Plans and Other Postretirement Benefits

Substantially all employees who were hired before December 8, 2009 are covered by a noncontributory retirement plan. Employees hired on or after December 8, 2009 are not eligible to participate in the noncontributory retirement plan. The Corporation also provides supplemental executive retirement benefits to certain former executives, a portion of which is in excess of limits imposed on qualified plans by federal tax law; these plans are non-qualified benefit plans. These non-qualified benefit plans are not offered to new participants; all current participants are now retired. Information on these plans are aggregated and reported under “Retirement Plans” within this footnote.

The Corporation also provides certain postretirement healthcare and life insurance benefits for retired employees. Information on these benefits is reported under “Other Postretirement Benefits” within this footnote.

The Corporation sponsors a Supplemental Non-Qualified Pension Plan, which was established in 1981 prior to the existence of a 401(k) deferred salary savings plan, employee stock purchase plan and long-term incentive plans and therefore is not offered to new participants; all current participants are now retired.

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Components of net periodic benefit cost (income) were as follows:

	Three Months Ended September 30,
	2017			2016			2017		2016
(Dollars in thousands)	Retirement Plans						Other Post Retirement Benefits
Service cost	$	124		$	160		$	12	$	11
Interest cost	487			516			29		23
Expected return on plan assets	(797		)	(731		)	—		—
Amortization of net actuarial loss	309			313			11		17
Accretion of prior service cost	(71		)	(71		)	—		—
Net periodic benefit cost	$	52		$	187		$	52	$	51

	Nine Months Ended September 30,
	2017			2016			2017		2016
(Dollars in thousands)	Retirement Plans						Other Post Retirement Benefits
Service cost	$	399		$	501		$	36	$	34
Interest cost	1,439			1,553			88		89
Expected return on plan assets	(2,298		)	(2,238		)	—		—
Amortization of net actuarial loss	886			958			32		30
Accretion of prior service cost	(212		)	(212		)	—		—
Net periodic benefit cost	$	214		$	562		$	156	$	153

The Corporation made a contribution of $2.0 million to its qualified retirement plan on July 24, 2017. The Corporation previously disclosed in its financial statements for the year ended December 31, 2016 that it expected to make contributions of $160 thousand to its non-qualified retirement plans and $121 thousand to its other postretirement benefit plans in 2017. During the nine months ended September 30, 2017, the Corporation contributed $120 thousand to its non-qualified retirement plans and $86 thousand to its other postretirement plans. During the nine months ended September 30, 2017, $2.0 million was paid to participants from the retirement plans and $86 thousand was paid to participants from the other postretirement plans.

Note 8. Stock-Based Incentive Plan

The Corporation has a shareholder approved 2013 Long-Term Incentive Plan, which replaced the expired 2003 Long-Term Incentive Plan. Under the 2013 Long-Term Incentive Plan, the Corporation may grant up to 3,355,786 options and restricted stock to employees and non-employee directors, which includes 857,191 shares as a result of the completion of the acquisition of Fox Chase on July 1, 2016 and 473,483 shares as a result of the completion of the acquisition of Valley Green Bank on January 1, 2015.

The following is a summary of the Corporation's stock option activity and related information for the nine months ended September 30, 2017:

(Dollars in thousands, except per share data)	Shares Under Option		Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value at September 30, 2017
Outstanding at December 31, 2016	504,908		$	19.06
Granted	191,297		28.15
Expired	(73,000	)	22.70
Forfeited	(14,500	)	22.85
Exercised	(84,870	)	17.99
Outstanding at September 30, 2017	523,835		21.91		7.6	$	5,287
Exercisable at September30,2017	168,693		17.91		5.7	2,377

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The following is a summary of nonvested stock options at September 30, 2017 including changes during the nine months then ended:

(Dollars in thousands, except per share data)	Nonvested Stock Options		Weighted Average Grant Date Fair Value
Nonvested stock options at December 31, 2016	308,940		$	6.15
Granted	191,297		6.72
Vested	(130,595	)	6.06
Forfeited	(14,500	)	6.44
Nonvested stock options at September 30, 2017	355,142		6.47

The following aggregated assumptions were used to estimate the fair value of options granted during the nine months ended September 30, 2017 and 2016:

	Nine months ended September 30,
	2017		2016
	Actual		Range			Weighted Average
Expected option life in years	6.9		7.6	-	8.2	7.9
Risk free interest rate	2.30	%	1.38%	-	1.89%	1.87	%
Expected dividend yield	2.84	%	3.80%	-	4.19%	4.06	%
Expected volatility	29.75	%	37.71%	-	46.22%	45.82	%
Fair value of options	$6.72		$5.40	-	$6.27	$6.23

The following is a summary of nonvested restricted stock awards at September 30, 2017 including changes during the nine months then ended:

(Dollars in thousands, except per share data)	Nonvested Share Awards		Weighted Average Grant Date Fair Value
Nonvested share awards at December 31, 2016	285,158		$	19.74
Granted	61,823		28.08
Vested	(99,955	)	19.76
Forfeited	(16,000	)	19.93
Nonvested share awards at September 30, 2017	231,026		21.95

The fair value of restricted stock is equivalent to the fair value on the date of grant and is amortized over the vesting period. Certain information regarding restricted stock is summarized below for the periods indicated:

	Nine months ended September 30,
(Dollars in thousands, except per share data)	2017		2016
Shares granted	61,823		176,255
Weighted average grant date fair value	$	28.08	$	20.60
Intrinsic value of awards vested	$	2,914	$	971

The total unrecognized compensation expense and the weighted average period over which unrecognized compensation expense is expected to be recognized related to nonvested stock options and nonvested restricted stock awards at September 30, 2017 is presented below:

(Dollars in thousands)	Unrecognized Compensation Cost		Weighted-Average Period Remaining (Years)
Stock options	$	1,532	1.9
Restricted stock awards	2,945		1.6
	$	4,477	1.7

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The following table presents information related to the Corporation’s compensation expense related to stock incentive plans recognized for the periods indicated:

	Nine months ended September 30,
(Dollars in thousands)	2017		2016
Stock-based compensation expense:
Stock options	$	678	$	463
Restricted stock awards	1,872		944
Employee stock purchase plan	47		50
Total	$	2,597	$	1,457
Tax benefit on nonqualified stock option expense, restricted stock awards and disqualifying dispositions of incentive stock options	$	1,263	$	407

Note 9. Accumulated Other Comprehensive (Loss) Income

The following table shows the components of accumulated other comprehensive (loss) income, net of taxes, for the periods presented:

(Dollars in thousands)	Net Unrealized (Losses) Gains on Available-for-Sale Investment Securities			Net Change Related to Derivatives Used for Cash Flow Hedges			Net Change Related to Defined Benefit Pension Plans			Accumulated Other Comprehensive (Loss) Income
Balance, December 31, 2016	$	(4,988	)	$	(141	)	$	(14,325	)	$	(19,454	)
Net Change	2,624			28			459			3,111
Balance, September 30, 2017	$	(2,364	)	$	(113	)	$	(13,866	)	$	(16,343	)
Balance, December 31, 2015	$	(592	)	$	(285	)	$	(15,831	)	$	(16,708	)
Net Change	2,381			(382		)	505			2,504
Balance, September 30, 2016	$	1,789		$	(667	)	$	(15,326	)	$	(14,204	)

Note 10. Derivative Instruments and Hedging Activities

Interest Rate Swaps

The Corporation may use interest rate swap agreements to modify interest rate characteristics from variable to fixed or fixed to variable in order to reduce the impact of interest rate changes on future net interest income. Recorded amounts related to interest-rate swaps are included in other assets or liabilities. The Corporation’s credit exposure on interest rate swaps includes fair value and any collateral that is held by a third party. Changes in the fair value of derivative instruments designated as hedges of future cash flows are recognized in accumulated other comprehensive income until the underlying forecasted transactions occur, at which time the deferred gains and losses are recognized in earnings. For a qualifying fair value hedge, the gain or loss on the hedging instrument is recognized in earnings, and the change in fair value of the hedge item, to the extent attributable to the hedged risk, adjusts the carrying amount of the hedge item and is recognized in earnings.

In 2014, the Corporation entered into an amortizing interest rate swap classified as a cash flow hedge with a notional amount of $20.0 million to hedge a portion of the debt financing of a pool of 10-year maturity fixed rate loans with balances totaling $29.1 million, at time of the hedge, that were originated in 2013. A brokered money market demand account with a balance exceeding the amortizing interest rate swap balance is being used for the cash flow hedge. Under the terms of the swap agreement, the Corporation pays a fixed rate of 2.10% and receives a floating rate of one-monthLIBOR. The swap matures in November 2022. The Corporation performed an assessment of the hedge for effectiveness at the inception of the hedge and on a recurring basis to determine that the derivative has been and is expected to continue to be highly effective in offsetting changes in cash flows of the hedged item. The Corporation expects that there will be no ineffectiveness over the life of the interest rate swap. At September 30, 2017, approximately $108 thousand in net deferred losses, net of tax, recorded in accumulated other comprehensive loss are expected to be reclassified into earnings during the next twelve months. This amount could differ from amounts actually recognized due to changes in interest rates, hedge de-designations, and the addition of other hedges subsequent to September 30, 2017. At September 30, 2017, the notional amount of the interest rate swap was $18.0 million, with a negative fair value of $174 thousand.

The Corporation has an interest rate swap classified as a fair value hedge with a current notional amount of $1.4 million to hedge a 10-year fixed rate loan that is earning interest at 5.83%. The Corporation pays a fixed rate of 5.83% and receives a floating rate based on the one-month LIBOR plus 350 basis points. The swap matures in October 2021. The difference between changes

33

in the fair values of the interest rate swap agreement and the hedged loan represents hedge ineffectiveness and is recorded in other noninterest income in the consolidated statements of operations.

The Corporation has an interest rate swap with a current notional amount of $549 thousand, for a 15-year fixed rate loan that is earning interest at 7.43%. The Corporation pays a fixed rate of 7.43% and receives a floating rate based on the one-month LIBOR plus 224 basis points. The swap matures in April 2022. The interest rate swap is carried at fair value in accordance with FASB ASC 815 "Derivatives and Hedging." The loan is carried at fair value under the fair value option as permitted by FASB ASC 825 "Financial Instruments."

Credit Derivatives

The Corporation has agreements with third-party financial institutions whereby the third-party financial institution enters into interest rate derivative contracts and foreign currency swap contracts with loan customers referred to them by the Corporation. By the terms of the agreements, the third-party financial institution has recourse to the Corporation for any exposure created under each swap contract in the event the customer defaults on the swap agreement and the agreement is in a paying position to the third-party financial institution. These transactions represent credit derivatives and are a customary arrangement that allows the Corporation to provide access to interest rate and foreign currency swap transactions for customers without creating the swap. The Corporation records the fair value of credit derivatives in other liabilities on the consolidated balance sheets. The Corporation recognizes changes in the fair value of credit derivatives, net of any fees received, in other noninterest income in the consolidated statements of income.

At September 30, 2017, the Corporation has fourteen variable-rate to fixed-rate interest rate swap transactions between the third-party financial institution and customers with a current notional amount of $66.1 million, and remaining maturities ranging from one to 10 years. At September 30, 2017, the fair value of the swaps to the customers was a liability of $132 thousand and all swaps were in paying positions to the third-party financial institution.

At September 30, 2017, there were no material foreign currency swap transactions between the third-party institution and loan customers.

The maximum potential payments by the Corporation to the third-party financial institution under these credit derivatives are not estimable as they are contingent on future interest rates and exchange rates, and the agreement does not provide for a limitation of the maximum potential payment amount.

Mortgage Banking Derivatives

Derivative loan commitments represent agreements for delayed delivery of financial instruments in which the buyer agrees to purchase and the seller agrees to deliver, at a specified future date, a specified instrument at a specified price or yield. The Corporation’s derivative loan commitments are commitments to sell loans secured by 1-to 4-family residential properties whose predominant risk characteristic is interest rate risk. The fair values of these derivative loan commitments are based upon the estimated amount the Corporation would receive or pay to terminate the contracts or agreements, taking into account current interest rates and, when appropriate, the current creditworthiness of the counterparties.

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Derivatives Tables

The following table presents the notional amounts and fair values of derivatives designated as hedging instruments recorded on the consolidated balance sheets at September 30, 2017 and December 31, 2016. The Corporation pledges cash or securities to cover the negative fair value of derivative instruments. Cash collateral associated with derivative instruments are not added to or netted against the fair value amounts.

			Derivative Assets			Derivative Liabilities
(Dollars in thousands)	Notional Amount		Balance Sheet Classification	Fair Value		Balance Sheet Classification	Fair Value
At September 30, 2017
Interest rate swap - cash flow hedge	$	18,021		$	—	Other liabilities	$	174
Interest rate swap - fair value hedge	1,398			—		Other liabilities	28
Total	$	19,419		$	—		$	202
At December 31, 2016
Interest rate swap - cash flow hedge	$	18,566		$	—	Other liabilities	$	217
Interest rate swap - fair value hedge	1,427			—		Other liabilities	37
Total	$	19,993		$	—		$	254

The following table presents the notional amounts and fair values of derivatives not designated as hedging instruments recorded on the consolidated balance sheets at September 30, 2017 and December 31, 2016:

			Derivative Assets			Derivative Liabilities
(Dollars in thousands)	Notional Amount		Balance Sheet Classification	Fair Value		Balance Sheet Classification	Fair Value
At September 30, 2017
Interest rate swap	$	549		$	—	Other liabilities	$	47
Credit derivatives	66,140			—		Other liabilities	132
Interest rate locks with customers	37,661		Other assets	1,234			—
Forward loan sale commitments	39,962			—		Other liabilities	1
Total	$	144,312		$	1,234		$	180
At December 31, 2016
Interest rate swap	$	622		$	—	Other liabilities	$	65
Credit derivatives	27,919			—		Other liabilities	9
Interest rate locks with customers	36,541		Other assets	801			—
Forward loan sale commitments	42,366		Other assets	257			—
Total	$	107,448		$	1,058		$	74

The following table presents amounts included in the consolidated statements of income for derivatives designated as hedging instruments for the periods indicated:

	Statement of Income Classification	Three Months Ended   September 30,						Nine Months Ended   September 30,
(Dollars in thousands)		2017			2016			2017			2016
Interest rate swap—cash flow hedge—net interest payments	Interest expense	$	41		$	76		$	148		$	237
Interest rate swap—fair value hedge—ineffectiveness	Other noninterest income	—			—			5			—
Net loss		$	(41	)	$	(76	)	$	(143	)	$	(237	)

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The following table presents amounts included in the consolidated statements of income for derivatives not designated as hedging instruments for the periods indicated:

	Statement of Income Classification	Three Months Ended   September 30,						Nine Months Ended   September 30,
(Dollars in thousands)		2017			2016			2017			2016
Credit derivatives	Other noninterest income	$	25		$	21		$	149		$	21
Interest rate locks with customers	Net gain on mortgage banking activities	(129		)	(257		)	433			1,086
Forward loan sale commitments	Net loss on mortgage banking activities	(166		)	439			(258		)	31
Total		$	(270	)	$	203		$	324		$	1,138

The following table presents amounts included in accumulated other comprehensive (loss) income for derivatives designated as hedging instruments at September 30, 2017 and December 31, 2016:

(Dollars in thousands)	Accumulated Other Comprehensive (Loss) Income	At September 30, 2017			At December 31, 2016
Interest rate swap—cash flow hedge	Fair value, net of taxes	$	(113	)	$	(141	)
Total		$	(113	)	$	(141	)

Note 11. Fair Value Disclosures

Fair value is the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date. The Corporation determines the fair value of financial instruments based on the fair value hierarchy. The Corporation maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Corporation. Unobservable inputs are inputs that reflect the Corporation’s assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances, including assumptions about risk. Three levels of inputs are used to measure fair value. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input significant to the fair value measurement. Transfers between levels are recognized at the end of the reporting period.

Level 1: Valuations are based on quoted prices in active markets for identical assets or liabilities that the Corporation can access at the measurement date. Since valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these products does not entail a significant degree of judgment.

Level 2: Valuations are based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.

Level 3: Valuations are based on inputs that are unobservable and significant to the overall fair value measurement. Assets and liabilities utilizing Level 3 inputs include: financial instruments whose value is determined using pricing models, discounted cash-flow methodologies, or similar techniques, as well as instruments for which the fair value calculation requires significant management judgment or estimation.

Following is a description of the valuation methodologies used for instruments measured at fair value on a recurring basis, as well as the general classification of such instruments pursuant to the valuation hierarchy.

Investment Securities

Where quoted prices are available in an active market for identical instruments, investment securities are classified within Level 1 of the valuation hierarchy. Level 1 investment securities include U.S. Treasury securities, most equity securities and money market mutual funds. Mutual funds are registered investment companies which are valued at net asset value of shares on a market exchange at the end of each trading day. Level 2 of the valuation hierarchy includes securities issued by U.S. Government sponsored enterprises, mortgage-backed securities, collateralized mortgage obligations, corporate and municipal bonds and certain equity securities. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. In cases where there is limited activity or less transparency around inputs to the valuation, investment securities are classified within Level 3 of the valuation hierarchy.

Fair values for securities are determined using independent pricing services and market-participating brokers. The Corporation’s independent pricing service utilizes evaluated pricing models that vary by asset class and incorporate available trade, bid and other market information for structured securities, cash flow and, when available, loan performance data. Because

36

many fixed income securities do not trade on a daily basis, the pricing service’s evaluated pricing applications apply information as applicable through processes, such as benchmarking of like securities, sector groupings, and matrix pricing, to prepare evaluations. If at any time, the pricing service determines that it does not have sufficient verifiable information to value a particular security, the Corporation will utilize valuations from another pricing service. Management has a sufficient understanding of the third party service’s valuation models, assumptions and inputs used in determining the fair value of securities to enable management to maintain an appropriate system of internal control.

Certain corporate bonds owned by the Corporation are classified as Level 3 as they are not traded in active markets. The fair value of each bond is estimated by benchmarking similar transactions of structure, yield and credit which are owned by the Corporation and are actively traded in the market.

On a quarterly basis, the Corporation reviews changes, as submitted by the pricing service, in the market value of its security portfolio. Individual changes in valuations are reviewed for consistency with general interest rate movements and any known credit concerns for specific securities. If, upon the Corporation’s review or in comparing with another service, a material difference between pricing evaluations were to exist, the Corporation may submit an inquiry to the current pricing service regarding the data used to determine the valuation of a particular security. If the Corporation determines there is market information that would support a different valuation than from the current pricing service’s evaluation, the Corporation may utilize and change the security's valuation. There were no material differences in valuations noted at September 30, 2017.

Derivative Financial Instruments

The fair values of derivative financial instruments are based upon the estimated amount the Corporation would receive or pay to terminate the contracts or agreements, taking into account current interest rates and, when appropriate, the current creditworthiness of the counterparties. Interest rate swaps and mortgage banking derivative financial instruments are classified within Level 2 of the valuation hierarchy. Credit derivatives are valued based on credit worthiness of the underlying borrower which is a significant unobservable input and therefore classified in Level 3 of the valuation hierarchy.

Two commercial loans, associated with interest rate swaps are classified in Level 3 of the valuation hierarchy since lending credit risk is not an observable input for these loans. The unrealized gain on the two loans was $75 thousand at September 30, 2017.

Contingent Consideration Liability

The Corporation estimates the fair value of the contingent consideration liability by using a discounted cash flow model of future contingent payments based on projected revenue related to the acquired business. The estimated fair value of the contingent consideration liability is reviewed on a quarterly basis and any valuation adjustments resulting from a change of estimated future contingent payments based on projected revenue of the acquired business affecting the contingent consideration liability will be recorded through noninterest expense. Changes in the original assumptions utilized at the time the acquisition closes and identified during the measurement period are recorded in accordance with ASC Topic 805 as an adjustment to goodwill. Due to the significant unobservable input related to the projected revenue, the contingent consideration liability is classified within Level 3 of the valuation hierarchy. An increase in the projected revenue may result in a higher fair value of the contingent consideration liability. Alternatively, a decrease in the projected revenue may result in a lower estimated fair value of the contingent consideration liability.

For the Sterner Insurance Associates acquisition, the conclusion for the earn-out period ending June 30, 2017 resulted in a reversal of a prior noninterest expense accrual of $301 thousand primarily during the second quarter of 2017.

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The following table presents the assets and liabilities measured at fair value on a recurring basis at September 30, 2017 and December 31, 2016, classified using the fair value hierarchy:

	At September 30, 2017
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets/ Liabilities at Fair Value
Assets:
Available-for-sale securities:
U.S. government corporations and agencies	$	—	$	17,090	$	—	$	17,090
State and political subdivisions	—		80,725		—		80,725
Residential mortgage-backed securities	—		174,570		—		174,570
Collateralized mortgage obligations	—		3,842		—		3,842
Corporate bonds	—		85,884		28,545		114,429
Money market mutual funds	6,624		—		—		6,624
Equity securities	1,000		—		—		1,000
Total available-for-sale securities	7,624		362,111		28,545		398,280
Loans*	—		—		2,014		2,014
Interest rate locks with customers*	—		1,234		—		1,234
Total assets	$	7,624	$	363,345	$	30,559	$	401,528
Liabilities:
Contingent consideration liability	$	—	$	—	$	359	$	359
Interest rate swaps*	—		249		—		249
Credit derivatives*	—		—		132		132
Forward loan sale commitments*	—		1		—		1
Total liabilities	$	—	$	250	$	491	$	741

	At December 31, 2016
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets/ Liabilities at Fair Value
Assets:
Available-for-sale securities:
U.S. government corporations and agencies	$	—	$	32,266	$	—	$	32,266
State and political subdivisions	—		88,350		—		88,350
Residential mortgage-backed securities	—		198,570		—		198,570
Collateralized mortgage obligations	—		4,554		—		4,554
Corporate bonds	—		79,420		28,778		108,198
Money market mutual funds	10,784		—		—		10,784
Equity securities	915		—		—		915
Total available-for-sale securities	11,699		403,160		28,778		443,637
Loans*	—		—		2,138		2,138
Interest rate locks with customers*	—		801		—		801
Forward loan sale commitments*	—		257		—		257
Total assets	$	11,699	$	404,218	$	30,916	$	446,833
Liabilities:
Contingent consideration liability	$	—	$	—	$	5,999	$	5,999
Interest rate swaps*	—		319		—		319
Credit derivatives*	—		—		9		9
Total liabilities	$	—	$	319	$	6,008	$	6,327

* Such financial instruments are recorded at fair value as further described in Note 10 - Derivative Instruments.

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The following table includes a rollforward of corporate bonds, loans and credit derivatives for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the nine months ended September 30, 2017 and 2016:

	Nine Months Ended September 30, 2017
(Dollars in thousands)	Balance at December 31, 2016			Purchases/additions			Sales		Payments received			Premium amortization, net		(Decrease) increase in value			Balance at September 30, 2017
Corporate bonds	$	28,778		$	—		$	—	$	—		$	—	$	(233	)	$	28,545
Loans	2,138			—			—		(102		)	—		(22		)	2,014
Credit derivatives	(9		)	(272		)	—		—			—		149			(132		)
Net total	$	30,907		$	(272	)	$	—	$	(102	)	$	—	$	(106	)	$	30,427

	Nine Months Ended September 30, 2016
(Dollars in thousands)	Balance at December 31, 2015		Purchases/additions			Sales		Payments received			Premium amortization, net		(Decrease) increase in value			Balance at September 30, 2016
Loans	$	—	$	2,313		$	—	$	(32	)	$	—	$	(47	)	$	2,234
Credit derivatives	—		(20		)	—		—			—		4			(16		)
Net total	$	—	$	2,293		$	—	$	(32	)	$	—	$	(43	)	$	2,218

The following table presents the change in the balance of the contingent consideration liability related to acquisitions for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the nine months ended September 30, 2017 and 2016:

	Nine Months Ended September 30, 2017
(Dollars in thousands)	Balance at December 31, 2016		Contingent Consideration from New Acquisition		Payment of Contingent Consideration		Adjustment of Contingent Consideration			Balance at September 30, 2017
Sterner Insurance Associates	$	331	$	—	$	30	$	(301	)	$	—
Girard Partners	5,668		—		5,350		41			359
Total contingent consideration liability	$	5,999	$	—	$	5,380	$	(260	)	$	359

	Nine Months Ended September 30, 2016
(Dollars in thousands)	Balance at December 31, 2015		Contingent Consideration from New Acquisition		Payment of Contingent Consideration		Adjustment of Contingent Consideration		Balance at September 30, 2016
Sterner Insurance Associates	$	1,144	$	—	$	1,325	$	501	$	320
Girard Partners	4,241		$	—	934		284		3,591
John T. Fretz Insurance Agency	192		—		260		68		—
Total contingent consideration liability	$	5,577	$	—	$	2,519	$	853	$	3,911

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The Corporation may be required to periodically measure certain assets and liabilities at fair value on a non-recurring basis in accordance with GAAP. These adjustments to fair value usually result from the application of lower of cost or market accounting or impairment charges of individual assets. The following table represents assets measured at fair value on a non-recurring basis at September 30, 2017 and December 31, 2016:

	At September 30, 2017
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets at Fair Value
Impaired loans held for investment	$	—	$	—	$	30,472	$	30,472
Impaired leases held for investment	—		—		1,250		1,250
Other real estate owned	—		—		1,763		1,763
Total	$	—	$	—	$	33,485	$	33,485

	At December 31, 2016
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets at Fair Value
Impaired loans held for investment	$	—	$	—	$	43,680	$	43,680
Other real estate owned	—		—		4,969		4,969
Total	$	—	$	—	$	48,649	$	48,649

The following table presents assets and liabilities and off-balance sheet items not measured at fair value on a recurring or non-recurring basis in the Corporation’s consolidated balance sheets but for which the fair value is required to be disclosed at September 30, 2017 and December 31, 2016. The disclosed fair values are classified using the fair value hierarchy.

	At September 30, 2017
(Dollars in thousands)	Level 1		Level 2			Level 3		Fair Value			Carrying Amount
Assets:
Cash and short-term interest-earning assets	$	79,490	$	—		$	—	$	79,490		$	79,490
Held-to-maturity securities	—		45,633			—		45,633			45,542
Federal Home Loan Bank, Federal Reserve Bank and other stock	NA		NA			NA		NA			27,244
Loans held for sale	—		2,265			—		2,265			2,228
Net loans and leases held for investment	—		—			3,405,465		3,405,465			3,432,885
Servicing rights	—		—			9,562		9,562			6,556
Total assets	$	79,490	$	47,898		$	3,415,027	$	3,542,415		$	3,593,945
Liabilities:
Deposits:
Demand and savings deposits, non-maturity	$	2,947,430	$	—		$	—	$	2,947,430		$	2,947,430
Time deposits	—		570,749			—		570,749			571,160
Total deposits	2,947,430		570,749			—		3,518,179			3,518,590
Short-term borrowings	—		32,091			—		32,091			32,091
Long-term debt	—		207,770			—		207,770			206,168
Subordinated notes	—		97,963			—		97,963			94,270
Total liabilities	$	2,947,430	$	908,573		$	—	$	3,856,003		$	3,851,119
Off-Balance-Sheet:
Commitments to extend credit	$	—	$	(2,363	)	$	—	$	(2,363	)	$	—

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	At December 31, 2016
(Dollars in thousands)	Level 1		Level 2			Level 3		Fair Value			Carrying Amount
Assets:
Cash and short-term interest-earning assets	$	57,825	$	—		$	—	$	57,825		$	57,825
Held-to-maturity securities	—		24,871			—		24,871			24,881
Federal Home Loan Bank, Federal Reserve Bank and other stock	NA		NA			NA		NA			24,869
Loans held for sale	—		5,943			—		5,943			5,890
Net loans and leases held for investment	—		—			3,193,886		3,193,886			3,222,569
Servicing rights	—		—			9,548		9,548			6,485
Total assets	$	57,825	$	30,814		$	3,203,434	$	3,292,073		$	3,342,519
Liabilities:
Deposits:
Demand and savings deposits, non-maturity	$	2,631,378	$	—		$	—	$	2,631,378		$	2,631,378
Time deposits	—		628,096			—		628,096			626,189
Total deposits	2,631,378		628,096			—		3,259,474			3,257,567
Short-term borrowings	—		195,572			—		195,572			196,171
Long-term debt	—		130,157			—		130,157			127,522
Subordinated notes	—		95,188			—		95,188			94,087
Total liabilities	$	2,631,378	$	1,049,013		$	—	$	3,680,391		$	3,675,347
Off-Balance-Sheet:
Commitments to extend credit	$	—	$	(2,218	)	$	—	$	(2,218	)	$	—

The following valuation methods and assumptions were used by the Corporation in estimating the fair value for financial instruments measured at fair value on a non-recurring basis and financial instruments not measured at fair value on a recurring or non-recurring basis in the Corporation’s consolidated balance sheets but for which the fair value is required to be disclosed:

Cash and short-term interest-earning assets: The carrying amounts reported in the balance sheet for cash and due from banks, interest-earning deposits with other banks, federal funds sold and other short-term investments is their stated value. Cash and short-term interest-earning assets are classified within Level 1 in the fair value hierarchy.

Held-to-maturity securities: Fair values for the held-to-maturity investment securities are estimated by using pricing models or quoted prices of securities with similar characteristics and are classified in Level 2 in the fair value hierarchy.

Federal Home Loan Bank, Federal Reserve Bank and other stock: It is not practical to determine the fair values of Federal Home Loan Bank, Federal Reserve Bank and other stock, due to restrictions placed on their transferability.

Loans held for sale: The fair value of the Corporation’s mortgage loans held for sale are generally determined using a pricing model based on current market information obtained from external sources, including interest rates, bids or indications provided by market participants on specific loans that are actively marketed for sale. These loans are primarily residential mortgage loans and are generally classified in Level 2 due to the observable pricing data. Loans held for sale are carried at the lower of cost or estimated fair value. There were no valuation adjustments for loans held for sale at September 30, 2017 and December 31, 2016.

Loans and leases held for investment: The fair values for loans and leases held for investment are estimated using discounted cash flow analyses, using a discount rate based on current interest rates at which similar loans with similar terms would be made to borrowers and include components for credit risk, operating expense and embedded prepayment options. An overall valuation adjustment is made for specific credit risks in addition to general portfolio risk and is significant to the valuation. As permitted, the fair value of the loans and leases are not based on the exit price concept as discussed in the first paragraph of this note. Loans and leases are classified within Level 3 in the fair value hierarchy.

Impaired loans and leases held for investment: For impaired loans and leases, the Corporation uses a variety of techniques to measure fair value, such as using the current appraised value of the collateral, agreements of sale, discounting the contractual cash flows, and analyzing market data that the Corporation may adjust due to specific characteristics of the loan/lease or collateral. At September 30, 2017, impaired loans held for investment had a carrying amount of $30.6 million with a valuation allowance of

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$88 thousand. At December 31, 2016, impaired loans held for investment had a carrying amount of $43.9 million with a valuation allowance of $235 thousand. The Corporation had impaired leases of $1.3 million with no reserve at September 30, 2017. The Corporation had no impaired leases at December 31, 2016.

Servicing rights: The Corporation estimates the fair value of mortgage servicing rights using discounted cash flow models that calculate the present value of estimated future net servicing income. The model uses readily available prepayment speed assumptions for the interest rates of the portfolios serviced. Mortgage servicing rights are classified within Level 3 in the fair value hierarchy based upon management's assessment of the inputs. The Corporation reviews the mortgage servicing rights portfolio on a quarterly basis for impairment and the mortgage servicing rights are carried at the lower of amortized cost or estimated fair value. The Corporation also records servicing rights on SBA loans. At September 30, 2017 and December 31, 2016, servicing rights had a carrying amount of $6.6 million with no valuation allowance.

Goodwill and other identifiable assets: Certain non-financial assets subject to measurement at fair value on a non-recurring basis include goodwill and other identifiable intangible assets. During the nine months ended September 30, 2017, there were no triggering events that required valuation of goodwill and other identifiable intangible assets.

Other real estate owned: The fair value of other real estate owned (OREO) is originally estimated based upon the appraised value less estimated costs to sell. The fair value less cost to sell becomes the "original cost" of the OREO asset. Subsequently, OREO is reported as the lower of the original cost and the current the fair value less cost to sell. Capital improvement expenses associated with the construction or repair of the property are capitalized as part of the cost of the OREO asset; however, the capitalized expenses may not increase the OREO asset's recorded value to an amount greater than the asset's fair value after improvements and less cost to sell. During 2017, two properties had write-downs totaling $199 thousand and seven properties were sold at a net gain of $383 thousand which were both included in other noninterest income in the statement of income. New appraisals are generally obtained on an annual basis if an agreement of sale does not exist. Other real estate owned is classified within Level 3 of the valuation hierarchy due to the unique characteristics of the collateral for each loan.

Deposit liabilities: The fair values for demand and savings accounts, with no stated maturities, is the amount payable on demand at the reporting date (carrying value) and are classified within Level 1 in the fair value hierarchy. The fair values for time deposits with fixed maturities are estimated by discounting the final maturity using interest rates currently offered for deposits with similar remaining maturities. Time deposits are classified within Level 2 in the fair value hierarchy.

Short-term borrowings: The fair value of short-term borrowings are estimated using current market rates for similar borrowings and are classified within Level 2 in the fair value hierarchy.

Long-term debt: The fair value of long-term debt is estimated by using discounted cash flow analysis, based on current market rates for debt with similar terms and remaining maturities. Long-term debt is classified within Level 2 in the fair value hierarchy.

Subordinated notes: The fair value of the subordinated notes are estimated by discounting the principal balance using the treasury yield curve for the term to the call date as the Corporation has the option to call the subordinated notes. The subordinated notes are classified within Level 2 in the fair value hierarchy.

Off-balance-sheet instruments: Fair values for the Corporation’s off-balance-sheet instruments are based on the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing and are classified within Level 2 in the fair value hierarchy.

Note 12. Segment Reporting

At September 30, 2017, the Corporation has three reportable business segments: Banking, Wealth Management and Insurance. The Corporation determines the segments based primarily upon product and service offerings, through the types of income generated and the regulatory environment. This is strategically how the Corporation operates and has positioned itself in the marketplace. Accordingly, significant operating decisions are based upon analysis of each of these segments. The parent holding company and intercompany eliminations are included in the "Other" segment.

The Corporation's Banking segment consists of commercial, consumer and mortgage banking as well as lease financing. The Wealth Management segment consists of investment advisory services, retirement plan services, trust, municipal pension services and broker/dealer services. The Insurance segment consists of commercial lines, personal lines, benefits and human resources consulting.

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Each segment generates revenue from a variety of products and services it provides. Examples of products and services provided for each reportable segment are indicated below.

Ÿ	The Banking segment provides financial services to consumers, businesses and governmental units. These services include a full range of banking services such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing.
Ÿ	The Wealth Management segment offers trust and investment advisory services, guardian and custodian of employee benefits and other trust and brokerage services, as well as a registered investment advisory managing private investment accounts for both individuals and institutions.
Ÿ	The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, group life and health coverage, employee benefit solutions, personal insurance lines and human resources consulting.

The following table provides total assets by reportable business segment as of the dates indicated.

(Dollars in thousands)	At September 30, 2017		At December 31, 2016		At September 30, 2016
Banking	$	4,327,920	$	4,137,873	$	4,045,419
Wealth Management	34,903		35,061		32,721
Insurance	25,139		24,472		23,830
Other	29,401		33,122		38,474
Consolidated assets	$	4,417,363	$	4,230,528	$	4,140,444

The following tables provide reportable segment-specific information and reconciliations to consolidated financial information for the three and nine months ended September 30, 2017 and 2016.

	Three Months Ended
	September 30, 2017
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	42,161		$	4	$	—	$	7		$	42,172
Interest expense	5,285			—		—		—			5,285
Net interest income	36,876			4		—		7			36,887
Provision for loan and lease losses	2,689			—		—		—			2,689
Noninterest income	4,993			5,428		3,620		68			14,109
Intangible expenses	357			168		165		—			690
Other noninterest expense	24,479			3,472		2,803		1,251			32,005
Intersegment (revenue) expense*	(611		)	261		350		—			—
Income (expense) before income taxes	14,955			1,531		302		(1,176		)	15,612
Income tax expense (benefit)	4,166			611		128		(489		)	4,416
Net income (loss)	$	10,789		$	920	$	174	$	(687	)	$	11,196
Capital expenditures	$	582		$	5	$	3	$	178		$	768

43

	Three Months Ended
	September 30, 2016
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	36,697		$	1	$	—	$	7		$	36,705
Interest expense	3,836			—		—		—			3,836
Net interest income	32,861			1		—		7			32,869
Provision for loan and lease losses	1,415			—		—		—			1,415
Noninterest income	5,802			4,902		3,396		37			14,137
Intangible expenses	403			231		220		—			854
Acquisition-related and integration costs and restructuring charges	14,156			—		—		(92		)	14,064
Other noninterest expense	23,580			3,437		2,906		2,225			32,148
Intersegment (revenue) expense*	(292		)	133		159		—			—
(Expense) income before income taxes	(599		)	1,102		111		(2,089		)	(1,475		)
Income tax (benefit) expense	(1,375		)	413		61		(632		)	(1,533		)
Net income (loss)	$	776		$	689	$	50	$	(1,457	)	$	58
Capital expenditures	$	2,814		$	5	$	9	$	672		$	3,500

	Nine Months Ended
	September 30, 2017
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	120,575		$	6	$	—	$	17		$	120,598
Interest expense	14,128			—		—		—			14,128
Net interest income	106,447			6		—		17			106,470
Provision for loan and lease losses	7,900			—		—		—			7,900
Noninterest income	16,945			15,965		11,913		265			45,088
Intangible expenses	1,151			506		238		—			1,895
Other noninterest expense	71,173			10,404		8,718		5,083			95,378
Intersegment (revenue) expense*	(1,669		)	693		976		—			—
Income (expense) before income taxes	44,837			4,368		1,981		(4,801		)	46,385
Income tax expense (benefit)	12,086			1,738		837		(2,106		)	12,555
Net income (loss)	$	32,751		$	2,630	$	1,144	$	(2,695	)	$	33,830
Capital expenditures	$	6,921		$	27	$	202	$	262		$	7,412

	Nine Months Ended
	September 30, 2016
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	88,526		$	4	$	—	$	21		$	88,551
Interest expense	8,210			—		—		288			8,498
Net interest income	80,316			4		—		(267		)	80,053
Provision for loan and lease losses	2,571			—		—		—			2,571
Noninterest income	15,842			14,286		11,736		105			41,969
Intangible expenses	527			838		1,246		—			2,611
Acquisition-related and integration costs and restructuring charges	14,204			—		—		1,265			15,469
Other noninterest expense	62,016			9,742		8,962		4,751			85,471
Intersegment (revenue) expense*	(1,282		)	563		719		—			—
Income (expense) before income taxes	18,122			3,147		809		(6,178		)	15,900
Income tax expense (benefit)	3,273			1,191		357		(1,508		)	3,313
Net income (loss)	$	14,849		$	1,956	$	452	$	(4,670	)	$	12,587
Capital expenditures	$	6,134		$	29	$	30	$	1,501		$	7,694

*Includes an allocation of general and administrative expenses from both the parent holding company and the Bank. These expenses are generally allocated based upon number of employees and square footage utilized.

44

Note 13. Restructuring Charges

During 2015 and 2016, the Corporation exited five financial centers, a lease for a new financial center and two administrative offices, and reduced staff due to rationalization; resulting in accrued expenses totaling $3.4 million, primarily related to the Banking business segment.

A roll-forward of the remaining accrued restructuring expense for the nine months ended September 30, 2017 is as follows:

(Dollars in thousands)	Severance expenses			Write-downs and retirements of fixed assets			Lease cancellations			Total
Accrued at January 1, 2017	$	901		$	228		$	81		$	1,210
Payments	(832		)	—			(51		)	(883		)
Non-cash settlement	—			(228		)	—			(228		)
Accrued at September 30, 2017	$	69		$	—		$	30		$	99

Note 14. Contingencies

The Corporation is periodically subject to various pending and threatened legal actions, which involve claims for monetary relief. Based upon information presently available to the Corporation, it is the Corporation's opinion that any legal and financial responsibility arising from such claims will not have a material adverse effect on the Corporation's results of operations, financial position or cash flows.

As discussed in Note 4, during the first quarter of 2017, certain lessees stopped making payments and Univest Capital, Inc., a subsidiary of the Corporation, filed legal complaints to pursue collection of all amounts owed. A complaint was subsequently filed against Univest Capital, Inc. and certain other defendants on March 28, 2017 by one of the lessees in federal court in Texas seeking, among other things, class action certification and a declaration that the contracts and related guarantees are null and void. On September 25, 2017, Univest Capital, Inc. entered into a Release and Settlement Agreement whereby Univest Capital, Inc. will receive $1.0 million based upon court approval of the Agreement and is eligible to receive up to an additional $1.3 million. Payment of the $1.3 million is subject to the individual guarantor's election of whether or not they will be subject to the Release and Settlement Agreement. It is expected this election process will be completed by March 31, 2018. If a guarantor elects to be subject to the Release and Settlement Agreement, Univest Capital, Inc. will receive a payment of $43 thousand per guarantor. If a guarantor elects not to be subject to the Release and Settlement Agreement, Univest Capital, Inc. has the right to pursue collection of the full amount owed, which ranges from $108 thousand to $228 thousand per guarantor, via the normal collection process. As of September 30, 2017, Univest Capital, Inc. has a receivable totaling $2.3 million related to this matter, of which $1.3 million is recorded as a nonaccruing lease receivable and $1.0 million is included in other assets. The $1.0 million payment under the Release and Settlement Agreement, which is subject to court approval, is currently in escrow and is expected to be received during the fourth quarter of 2017.

45

Item 2.     Management’s Discussion and Analysis of Financial Condition and Results of Operations

(All dollar amounts presented in tables are in thousands, except per share data. “BP” equates to “basis points”; “N/ M” equates to “not meaningful”; “—” equates to “zero” or “doesn’t round to a reportable number”; and “N/A” equates to “not applicable.” Certain prior period amounts have been reclassified to conform to the current-year presentation.)

Forward-Looking Statements

The information contained in this report may contain forward-looking statements. When used or incorporated by reference in disclosure documents, the words “believe,” “anticipate,” “estimate,” “expect,” “project,” “target,” “goal” and similar expressions are intended to identify forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including those set forth below:

• Operating, legal and regulatory risks;

• Economic, political and competitive forces impacting various lines of business;

• The risk that our analysis of these risks and forces could be incorrect and/or that the strategies developed to address them could be unsuccessful;

• Legislative, regulatory and accounting changes;

• Demand for our financial products and services in our market area;

• Volatility in interest rates;

• The quality and composition of our loan and investment portfolios;

• Timing of revenues and expenditures;

• Returns on investment decisions; and

• Other risks and uncertainties, including those occurring in the U.S. and world financial systems;

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, expected or projected. These and other risk factors are more fully described in this report and in the Univest Corporation of Pennsylvania (the Corporation) Annual Report on Form 10-K for the year ended December 31, 2016 under the section entitled "Item 1A -- Risk Factors," and from time to time in other filings made by the Corporation with the SEC.

These forward-looking statements speak only at the date of the report. The Corporation expressly disclaims any obligation to publicly release any updates or revisions to reflect any change in the Corporation’s expectations with regard to any change in events, conditions or circumstances on which any such statement is based.

Critical Accounting Policies

Management, in order to prepare the Corporation’s financial statements in conformity with U.S. generally accepted accounting principles, is required to make estimates and assumptions that affect the amounts reported in the Corporation’s financial statements. There are uncertainties inherent in making these estimates and assumptions. Certain critical accounting policies, discussed below, could materially affect the results of operations and financial position of the Corporation should changes in circumstances require a change in related estimates or assumptions. The Corporation has identified the fair value measurement of investment securities available-for-sale and assessment for impairment of certain investment securities, reserve for loan and lease losses, purchase accounting, valuation of goodwill and other intangible assets, servicing rights, deferred tax assets and liabilities, benefit plans and stock-based compensation as areas with critical accounting policies. For more information on these critical accounting policies, please refer to the Corporation’s 2016 Annual Report on Form 10-K.

46

General

The Corporation is a bank holding company and owns all of the capital stock of Univest Bank and Trust Co. (the Bank).

The Bank is engaged in the commercial and consumer banking business and provides a full range of banking and trust services to customers. The Bank is the parent company of Delview, Inc., which is the parent company of Univest Insurance, Inc., an independent insurance agency, Univest Investments, Inc., a full-service broker-dealer and investment advisory firm and Girard Partners (Girard), a registered investment advisory firm. The Bank is also the parent company of Univest Capital, Inc., an equipment financing business, and TCG Investment Advisory, a registered investment advisor, which provides discretionary investment consulting and management services. Through its wholly-owned subsidiaries, the Bank provides a variety of financial services to individuals, municipalities and businesses throughout the Bank's markets of operation.

The Corporation earns revenue primarily from the margins and fees generated from lending and depository services to customers as well as fee-based income from trust, insurance, mortgage banking and investment services to customers. The Corporation seeks to achieve adequate and reliable earnings through business growth while maintaining adequate levels of capital and liquidity and limiting exposure to credit and interest rate risk to Board of Directors approved levels.

The Corporation seeks to establish itself as the financial provider of choice in the markets it serves. The Corporation plans to achieve this goal by offering a broad range of high quality financial products and services and by increasing market awareness of its brand and the benefits that can be derived from its products. The Corporation operates in an attractive market for financial services but also faces intense competition from domestic and international banking organizations and other insurance and wealth management providers. The Corporation has taken initiatives to achieve its business objectives by acquiring banks and other financial service providers in strategic markets, through marketing, public relations and advertising, by establishing standards of service excellence for customers, and by using technology to ensure that the needs of customers are understood and satisfied.

Executive Overview

The Corporation’s consolidated net income, earnings per share and return on average assets and average equity were as follows:

	Three Months Ended   September 30,						Change			Nine Months Ended   September 30,						Change
(Dollars in thousands, except per share data)	2017			2016			Amount		Percent	2017			2016			Amount		Percent
Net income	$	11,196		$	58		$	11,138	N/M	$	33,830		$	12,587		$	21,243	N/M
Net income per share:
Basic	$	0.42		$	—		$	0.42	N/M	$	1.27		$	0.58		$	0.69	N/M
Diluted	0.42			—			0.42		N/M	1.27			0.57			0.70		N/M
Return on average assets	1.01		%	0.01		%	100 BP		N/M	1.05		%	0.51		%	54 BP		N/M
Return on average equity	8.43			0.05			838 BP		N/M	8.73		%	4.07		%	466 BP		N/M

The Corporation reported net income of $11.2 million, or $0.42 diluted earnings per share, for the three months ended September 30, 2017, compared to net income of $58 thousand, or $0.00 diluted earnings per share, for the three months ended September 30, 2016. Net income for the nine months ended September 30, 2017 was $33.8 million, or $1.27 diluted earnings per share, compared to $12.6 million, or $0.57 diluted earnings per share, for the comparable period in the prior year. The financial results for the nine months ended September 30, 2017 included a tax-free bank owned life insurance (BOLI) death benefit claim of $889 thousand recognized in the second quarter of 2017, which represents $0.03 diluted earnings per share. The financial results for the three and nine months ended September 30, 2016 included acquisition and integration costs related to the acquisition of Fox Chase Bancorp (Fox Chase) of $9.2 million and $10.6 million, or $0.35 and $0.48 of diluted earnings per share net of tax, respectively. There were no acquisition and integration costs during the nine months ended September 30, 2017.

.

47

Results of Operations

On July 1, 2016, the Corporation acquired Fox Chase. The comparative results of operations for the three and nine months ended September 30, 2017 include the impact of this acquisition.

Net Interest Income

Net interest income is the difference between interest earned on loans and leases, investments and other interest-earning assets and interest paid on deposits and other interest-bearing liabilities. Net interest income is the principal source of the Corporation’s revenue. Table 1 presents a summary of the Corporation’s average balances, tax-equivalent interest income and interest expense and the tax-equivalent yields earned on average assets, and the cost of average liabilities, and shareholders’ equity on a tax-equivalent basis for the three and nine months ended September 30, 2017 and 2016. The tax-equivalent net interest margin is tax-equivalent net interest income as a percentage of average interest-earning assets. The tax-equivalent net interest spread represents the weighted average tax-equivalent yield on interest-earning assets less the weighted average cost of interest-bearing liabilities. The effect of net interest free funding sources represents the effect on the net interest margin of net funding provided by noninterest-earning assets, noninterest-bearing liabilities and shareholders’ equity. Table 2 analyzes the changes in the tax-equivalent net interest income for the periods broken down by their rate and volume components.

Table 1, Table 2, and the interest income and net interest income analysis contain tax-equivalent financial information and measures determined by methods other than in accordance with U.S. GAAP. The management of the Corporation uses this non-GAAP financial information and measures in its analysis of the Corporation's performance. This financial information and measures should not be considered a substitute for GAAP basis financial information or measures nor should they be viewed as a substitute for operating results determined in accordance with GAAP. Management believes the presentation of the non-GAAP financial information and measures provide useful information that is essential to a proper understanding of the financial results of the Corporation.

Three and nine months ended September 30, 2017 versus 2016

Net interest income on a tax-equivalent basis for the three months ended September 30, 2017 was $38.3 million, an increase of $4.0 million, or 11.7%, compared to the same period in 2016. Net interest income on a tax-equivalent basis for the nine months ended September 30, 2017 was $110.7 million, an increase of $26.6 million, or 31.6%, compared to the same period in 2016. The net interest margin on a tax-equivalent basis for the third quarter of 2017 was 3.80%, compared to 3.68% for the third quarter of 2016. The increase in net interest income (tax-equivalent) for the third quarter of 2017 as compared to the same period in the prior year was primarily due to loan growth and increases in loan yields partially offset by higher funding costs. The increase in net interest income (tax-equivalent) for the nine months ended September 30, 2017 was mainly due to the impact of the acquisition of Fox Chase, which occurred on the July 1, 2016 and organic loan growth during the past year. The favorable impact of purchase accounting accretion was 11 basis points ($1.1 million) for the three months ended September 30, 2017 compared to seven basis points ($647 thousand) for the three months ended September 30, 2016. The favorable impact of purchase accounting accretion was nine basis points ($2.6 million) for the nine months ended September 30, 2017 compared to five basis points ($950 thousand) for the nine months ended September 30, 2016.

48

Table 1—Average Balances and Interest Rates—Tax-Equivalent Basis

	Three Months Ended September 30,
	2017							2016
(Dollars in thousands)	Average Balance			Income/ Expense		Average Rate		Average Balance			Income/ Expense		Average Rate
Assets:
Interest-earning deposits with other banks	$	43,941		$	133	1.20	%	$	16,248		$	14	0.34	%
U.S. government obligations	31,126			110		1.40		43,622			125		1.14
Obligations of states and political subdivisions	81,114			846		4.14		96,581			1,030		4.24
Other debt and equity securities	347,622			1,745		1.99		363,587			1,358		1.49
Federal funds sold and other earning assets	28,063			375		5.30		18,987			321		6.73
Total interest-earning deposits, investments, federal funds sold and other earning assets	531,866			3,209		2.39		539,025			2,848		2.10
Commercial, financial and agricultural loans	762,418			8,656		4.50		674,569			6,571		3.88
Real estate—commercial and construction loans	1,549,799			17,999		4.61		1,382,947			15,816		4.55
Real estate—residential loans	770,839			8,751		4.50		710,814			7,887		4.41
Loans to individuals	27,509			416		6.00		31,416			415		5.26
Municipal loans and leases	281,509			3,208		4.52		288,391			3,030		4.18
Lease financings	75,161			1,331		7.03		76,136			1,547		8.08
Gross loans and leases	3,467,235			40,361		4.62		3,164,273			35,266		4.43
Total interest-earning assets	3,999,101			43,570		4.32		3,703,298			38,114		4.09
Cash and due from banks	46,969							40,835
Reserve for loan and lease losses	(21,425		)					(17,110		)
Premises and equipment, net	65,025							61,361
Other assets	326,662							359,084
Total assets	$	4,416,332						$	4,147,468
Liabilities:
Interest-bearing checking deposits	$	438,956		132		0.12		$	389,079		114		0.12
Money market savings	587,590			919		0.62		483,579			428		0.35
Regular savings	904,528			646		0.28		793,644			352		0.18
Time deposits	557,757			1,371		0.98		606,561			1,187		0.78
Total time and interest-bearing deposits	2,488,831			3,068		0.49		2,272,863			2,081		0.36
Short-term borrowings	72,719			169		0.92		229,282			276		0.48
Long-term debt	207,057			794		1.52		93,188			218		0.93
Subordinated notes	94,238			1,254		5.28		94,035			1,261		5.33
Total borrowings	374,014			2,217		2.35		416,505			1,755		1.68
Total interest-bearing liabilities	2,862,845			5,285		0.73		2,689,368			3,836		0.57
Noninterest-bearing deposits	991,487							904,197
Accrued expenses and other liabilities	34,968							47,439
Total liabilities	3,889,300							3,641,004
Shareholders’ Equity:
Common stock	144,559							144,559
Additional paid-in capital	231,575							229,319
Retained earnings and other equity	150,898							132,586
Total shareholders’ equity	527,032							506,464
Total liabilities and shareholders’ equity	$	4,416,332						$	4,147,468
Net interest income				$	38,285						$	34,278
Net interest spread						3.59							3.52
Effect of net interest-free funding sources						0.21							0.16
Net interest margin						3.80	%						3.68	%
Ratio of average interest-earning assets to average interest-bearing liabilities	139.69		%					137.70		%

Notes:     For rate calculation purposes, average loan and lease categories include deferred fees and costs, purchase accounting adjustments,

and unearned discount.

Nonaccrual loans and leases have been included in the average loan and lease balances.

Loans held for sale have been included in the average loan balances.

Tax-equivalent amounts for the three months ended September 30, 2017 and 2016 have been calculated using the

Corporation’s federal applicable rate of 35%.

49

	Nine Months Ended September 30,
	2017							2016
(Dollars in thousands)	Average Balance			Income/ Expense		Average Rate		Average Balance			Income/ Expense		Average Rate
Assets:
Interest-earning deposits with other banks	$	23,624		$	188	1.06	%	$	14,514		$	51	0.47	%
U.S. government obligations	32,862			329		1.34		61,231			551		1.20
Obligations of states and political subdivisions	83,424			2,654		4.25		99,617			3,251		4.36
Other debt and equity securities	349,930			5,047		1.93		222,427			3,394		2.04
Federal funds sold and other earning assets	27,952			1,129		5.40		14,956			573		5.12
Total interest-earning deposits, investments, federal funds sold and other earning assets	517,792			9,347		2.41		412,745			7,820		2.53
Commercial, financial and agricultural loans	748,489			24,669		4.41		508,195			14,717		3.87
Real estate—commercial and construction loans	1,504,024			50,368		4.48		1,057,379			35,841		4.53
Real estate—residential loans	753,186			25,466		4.52		603,900			20,004		4.42
Loans to individuals	28,304			1,222		5.77		30,402			1,222		5.37
Municipal loans and leases	281,347			9,513		4.52		253,925			8,378		4.41
Lease financings	77,050			4,230		7.34		75,538			4,613		8.16
Gross loans and leases	3,392,400			115,468		4.55		2,529,339			84,775		4.48
Total interest-earning assets	3,910,192			124,815		4.27		2,942,084			92,595		4.20
Cash and due from banks	44,257							35,070
Reserve for loan and lease losses	(20,045		)					(17,223		)
Premises and equipment, net	65,076							49,451
Other assets	328,010							272,087
Total assets	$	4,327,490						$	3,281,469
Liabilities:
Interest-bearing checking deposits	$	437,099		355		0.11		$	380,780		273		0.10
Money market savings	560,071			2,177		0.52		394,532			1,090		0.37
Regular savings	849,629			1,441		0.23		688,630			725		0.14
Time deposits	565,437			3,747		0.89		467,192			2,984		0.85
Total time and interest-bearing deposits	2,412,236			7,720		0.43		1,931,134			5,072		0.35
Short-term borrowings	120,390			756		0.84		103,974			599		0.77
Long-term debt	185,315			1,876		1.35		31,290			218		0.93
Subordinated notes	94,177			3,776		5.36		64,395			2,609		5.41
Total borrowings	399,882			6,408		2.14		199,659			3,426		2.29
Total interest-bearing liabilities	2,812,118			14,128		0.67		2,130,793			8,498		0.53
Noninterest-bearing deposits	960,797							694,165
Accrued expenses and other liabilities	36,581							43,163
Total liabilities	3,809,496							2,868,121
Shareholders’ Equity:
Common stock	144,559							121,784
Additional paid-in capital	230,793							157,334
Retained earnings and other equity	142,642							134,230
Total shareholders’ equity	517,994							413,348
Total liabilities and shareholders’ equity	$	4,327,490						$	3,281,469
Net interest income				$	110,687						$	84,097
Net interest spread						3.60							3.67
Effect of net interest-free funding sources						0.18							0.15
Net interest margin						3.78	%						3.82	%
Ratio of average interest-earning assets to average interest-bearing liabilities	139.05		%					138.07		%

Notes:     For rate calculation purposes, average loan and lease categories include deferred fees and costs, purchase accounting adjustments,

and unearned discount.

Nonaccrual loans and leases have been included in the average loan and lease balances.

Loans held for sale have been included in the average loan balances.

Tax-equivalent amounts for the nine months ended September 30, 2017 and 2016 have been calculated using the

Corporation’s federal applicable rate of 35%.

50

Table 2—Analysis of Changes in Net Interest Income

The rate-volume variance analysis set forth in the table below compares changes in tax-equivalent net interest income for the periods indicated by their rate and volume components. The change in interest income/expense due to both volume and rate has been allocated proportionately.

	Three Months Ended									Nine Months Ended
	September 30, 2017 Versus 2016									September 30, 2017 Versus 2016
(Dollars in thousands)	Volume Change			Rate Change			Total			Volume Change			Rate Change			Total
Interest income:
Interest-earning deposits with other banks	$	48		$	71		$	119		$	46		$	91		$	137
U.S. government obligations	(40		)	25			(15		)	(280		)	58			(222		)
Obligations of states and political subdivisions	(161		)	(23		)	(184		)	(517		)	(80		)	(597		)
Other debt and equity securities	(61		)	448			387			1,845			(192		)	1,653
Federal funds sold and other earning assets	132			(78		)	54			523			33			556
Interest on deposits, investments, federal funds sold and other earning assets	(82		)	443			361			1,617			(90		)	1,527
Commercial, financial and agricultural loans	938			1,147			2,085			7,683			2,269			9,952
Real estate—commercial and construction loans	1,968			215			2,183			14,928			(401		)	14,527
Real estate—residential loans	696			168			864			5,004			458			5,462
Loans to individuals	(54		)	55			1			—			—			—
Municipal loans and leases	(72		)	250			178			922			213			1,135
Lease financings	(20		)	(196		)	(216		)	90			(473		)	(383		)
Interest and fees on loans and leases	3,456			1,639			5,095			28,627			2,066			30,693
Total interest income	3,374			2,082			5,456			30,244			1,976			32,220
Interest expense:
Interest-bearing checking deposits	18			—			18			49			33			82
Money market savings	108			383			491			553			534			1,087
Regular savings	59			235			294			191			525			716
Time deposits	(102		)	286			184			623			140			763
Interest on time and interest-bearing deposits	83			904			987			1,416			1,232			2,648
Short-term borrowings	(262		)	155			(107		)	100			57			157
Long-term debt	380			196			576			1,519			139			1,658
Subordinated notes	3			(10		)	(7		)	1,191			(24		)	1,167
Interest on borrowings	121			341			462			2,810			172			2,982
Total interest expense	204			1,245			1,449			4,226			1,404			5,630
Net interest income	$	3,170		$	837		$	4,007		$	26,018		$	572		$	26,590

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Interest Income

Three and nine months ended September 30, 2017 versus 2016

Interest income on a tax-equivalent basis for the three months ended September 30, 2017 was $43.6 million, an increase of $5.5 million from the same period in 2016. Interest income on a tax-equivalent basis for the nine months ended September 30, 2017 was $124.8 million, an increase of $32.2 million from the same period in 2016. The increase in interest income (tax-equivalent) for the three months ended September 30, 2017 was primarily due to organic loan growth in commercial real estate, commercial business and residential real estate loans and an increase in loan yields, primarily due to Federal Reserve interest rate increases in the fourth quarter of 2016 and 2017. The increase in interest income (tax-equivalent) for the nine months ended September 30, 2017 was mainly due to the impact of the Fox Chase acquisition and organic loan growth in commercial real estate, commercial business and residential real estate loans. The favorable impact of purchase accounting accretion on interest-earning assets was five basis points ($527 thousand) for the three months ended September 30, 2017. The purchase accounting accretion had no impact on the yield on total interest-earning assets for the three months ended September 30, 2016. The favorable impact of purchase accounting accretion on interest-earning assets was three basis points ($837 thousand) for the nine months ended September 30, 2017 compared to a favorable impact of one basis point ($167 thousand) for the same period in the prior year.

Interest Expense

Three and nine months ended September 30, 2017 versus 2016

Interest expense for the three months ended September 30, 2017 was $5.3 million, an increase of $1.4 million from the same period in 2016. Interest expense for the nine months ended September 30, 2017 was $14.1 million, an increase of $5.6 million from the same period in 2016. The increase in interest expense for the three months ended September 30, 2017 was primarily due to higher deposit and borrowing costs, primarily due to Federal Reserve interest rate increases in the fourth quarter of 2016 and 2017. The increase in interest expense for the nine months ended September 30, 2017 was mainly due to the impact of the Fox Chase acquisition and higher deposit and borrowing costs. The favorable impact of purchase accounting accretion on interest-bearing liabilities was eight basis points ($539 thousand) for the three months ended September 30, 2017 compared to a favorable impact of ten basis points ($669 thousand) for the same period in the prior year. The favorable impact of purchase accounting accretion on interest-bearing liabilities was eight basis points ($1.7 million) for the nine months ended September 30, 2017 compared to a favorable impact of five basis point ($783 thousand) for the same period in the prior year.

Provision for Loan and Lease Losses

The provision for loan and lease losses for the three months ended September 30, 2017 was $2.7 million compared to $1.4 million for the same period in 2016. Net loan and lease charge-offs were $3.1 million for the three months ended September 30, 2017 compared to $1.7 million for the same period in the prior year. During the three months ended September 30, 2017, the Corporation charged-off $2.8 million related to $5.0 million of software leases under a vendor referral program. The provision for loan losses related to this program was $1.9 million during the three months ended September 30, 2017 as the Corporation had an allowance for loan and lease loss reserve of $886 thousand related to this program at June 30, 2017.

The provision for loan and lease losses for the nine months ended September 30, 2017 was $7.9 million compared to $2.6 million for the same period in 2016. Net loan and lease charge-offs were $4.9 million for the nine months ended September 30, 2017 compared to $3.3 million for the same period in the prior year. Total provision for loan and lease losses for the vendor referral program previously discussed was $2.8 million during the nine months ended September 30, 2017. The provision for loan and lease losses increased for the nine months ended September 30, 2017 due to the increased charge-offs and an increase in originated loans in the amount of $500.1 million at September 30, 2017 from December 31, 2016.

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Noninterest Income

The following table presents noninterest income for the three and nine months ended September 30, 2017 and 2016:

	Three Months Ended   September 30,					Change					Nine Months Ended   September 30,				Change
(Dollars in thousands)	2017		2016			Amount			Percent		2017		2016		Amount			Percent
Trust fee income	$	1,924	$	1,958		$	(34	)	(1.7	)%	$	5,847	$	5,820	$	27		0.5	%
Service charges on deposit accounts	1,371		1,344			27			2.0		3,927		3,398		529			15.6
Investment advisory commission and fee income	3,455		2,905			550			18.9		9,969		8,352		1,617			19.4
Insurance commission and fee income	3,492		3,267			225			6.9		11,530		11,328		202			1.8
Other service fee income	2,123		1,965			158			8.0		6,355		5,727		628			11.0
Bank owned life insurance income	742		711			31			4.4		3,147		1,716		1,431			83.4
Net gain on sales of investment securities	7		30			(23		)	(76.7	)	43		487		(444		)	(91.2	)
Net gain on mortgage banking activities	908		2,006			(1,098		)	(54.7	)	3,558		4,935		(1,377		)	(27.9	)
Other income (loss)	87		(49		)	136			N/M		712		206		506			N/M
Total noninterest income	$	14,109	$	14,137		$	(28	)	(0.2	)%	$	45,088	$	41,969	$	3,119		7.4	%

Three and nine months ended September 30, 2017 versus 2016

Noninterest income for the three months ended September 30, 2017 was $14.1 million, consistent with the same period in the prior year. Noninterest income for the nine months ended September 30, 2017 was $45.1 million, an increase of $3.1 million, or 7.4%, from the same period in the prior year. Service charges on deposits increased $529 thousand, or 15.6%, for the nine months ended September 30, 2017, mostly due to fees on deposit accounts acquired from Fox Chase. Investment advisory commission and fee income increased $550 thousand, or 18.9%, for the three months and $1.6 million, or 19.4%, for the nine months ended September 30, 2017 primarily due to new customer relationships and favorable market performance during 2017. BOLI income increased $1.4 million for the nine months ended September 30, 2017, primarily due to proceeds from BOLI death benefits of $889 thousand recognized in the second quarter of 2017 and policies acquired from Fox Chase. Other service fee income increased $158 thousand, or 8% for the three months and $628 thousand, or 11% for the nine months ended September 30, 2017 primarily due to interchange fee income, partially related to Fox Chase customers and an increase in mortgage servicing fee income mainly due to higher volume and lower amortization expense as a result of reduced loan prepayments. Other income increased $506 thousand for the nine months ended September 30, 2017 primarily due to an increase in net gains on sales of other real estate owned of $280 thousand and an increase in net gains on sales of fixed assets of $173 thousand compared to the same period in the prior year.

These increases were partially offset by decreases in the net gain on sale of securities of $23 thousand for the three months and $444 thousand for the nine months ended September 30, 2017 as less securities were sold. In addition, the net gain on mortgage banking decreased $1.1 million, or 54.7%, for the three months and $1.4 million, or 27.9%, for the nine months ended September 30, 2017 primarily due to a decrease in mortgage refinance volume and a shortage of housing supply.

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Noninterest Expense

The following table presents noninterest expense for the three and nine months ended September 30, 2017 and 2016:

	Three Months Ended   September 30,					Change					Nine Months Ended   September 30,					Change
(Dollars in thousands)	2017		2016			Amount			Percent		2017		2016			Amount			Percent
Salaries and benefits	$	16,909	$	16,710		$	199		1.2	%	$	49,919	$	44,972		$	4,947		11.0	%
Commissions	2,244		2,485			(241		)	(9.7	)	6,668		6,743			(75		)	(1.1	)
Net occupancy	2,523		2,534			(11		)	(0.4	)	7,872		6,730			1,142			17.0
Equipment	1,019		942			77			8.2		3,043		2,468			575			23.3
Data processing	2,118		2,169			(51		)	(2.4	)	6,257		4,980			1,277			25.6
Professional fees	1,447		1,322			125			9.5		3,934		3,289			645			19.6
Marketing and advertising	271		345			(74		)	(21.4	)	1,125		1,396			(271		)	(19.4	)
Deposit insurance premiums	409		327			82			25.1		1,262		1,192			70			5.9
Intangible expenses	690		854			(164		)	(19.2	)	1,895		2,611			(716		)	(27.4	)
Acquisition-related costs	—		8,784			(8,784		)	N/M		—		10,156			(10,156		)	N/M
Integration costs	—		5,365			(5,365		)	N/M		—		5,398			(5,398		)	N/M
Restructuring recoveries	—		(85		)	85			N/M		—		(85		)	85			N/M
Other expense	5,065		5,314			(249		)	(4.7	)	15,298		13,701			1,597			11.7
Total noninterest expense	$	32,695	$	47,066		$	(14,371	)	(30.5	)%	$	97,273	$	103,551		$	(6,278	)	(6.1	)%

Three and nine months ended September 30, 2017 versus 2016

Noninterest expense for the three months ended September 30, 2017 was $32.7 million, a decrease of $14.4 million, or 30.5%, from the same period in the prior year. Noninterest expense for the nine months ended September 30, 2017 was $97.3 million, a decrease of $6.3 million, or 6.1%, from the same period in the prior year. Acquisition and integration costs during 2016 related to the Fox Chase acquisition were $14.1 million for the three months and $15.6 million for the nine months ended September 30, 2016. There were no acquisition or integration costs during the three or nine months ended September 30, 2017. In addition, intangible expense decreased $164 thousand for the three months and $716 thousand for the nine months ended September 30, 2017 primarily as a result of the settlement of the Girard Partners acquisition earn-out in the fourth quarter of 2016 and the conclusion of the earn-out period for the Sterner Insurance Associates acquisition, which resulted in a reversal of a prior accrual of $303 thousand during the second quarter of 2017.

These decreases were partially offset by the following increases in non-interest expense for the nine months ended September 30, 2017. Salaries and benefit expense increased $4.9 million for the nine months ended September 30, 2017, primarily attributable to higher staffing levels resulting from the Fox Chase acquisition, additional staff hired to support revenue generation across all business lines and the expansion into Lancaster County. Premises and equipment expenses increased $1.7 million for the nine months ended September 30, 2017, primarily due to higher premises expense related to Fox Chase locations and expansion into Philadelphia, Lancaster County and the Lehigh Valley. Data processing expense increased $1.3 million for the nine months ended September 30, 2017 due to increased investments in customer relationship management software and outsourced data processing solutions as well as the addition of Fox Chase processing expense. Other expense increased $1.6 million for the nine months ended September 30, 2017 primarily due to inclusion of Fox Chase-related expenses and an increase of $963 thousand for the nine months ended September 30, 2017 related to Bank shares tax as a result of a statutory rate increase in 2017 and the Corporation's growth primarily due to the Fox Chase acquisition.

Tax Provision

The provision for income taxes for the three months ended September 30, 2017 and 2016 was an expense of $4.4 million and benefit of $1.5 million, at effective rates of 28.3% and 103.9%, respectively. The provision for income taxes for the nine months ended September 30, 2017 and 2016 was $12.6 million and $3.3 million at effective rates of 27.1% and 20.8%, respectively. During the three and nine months ended September 30, 2017, the Corporation recognized a BOLI death benefit of $0 thousand and $889 thousand, respectively, and a discrete tax benefit related to the vesting of restricted stock and exercise of stock options of $212 thousand and $591 thousand, respectively, which provided a tax deduction greater than previously recorded. This change was in accordance with ASU No. 2016-09, which was implemented by the Corporation in the fourth quarter of 2016 and requires the tax impact of such equity-based compensation activities to be recorded as an adjustment to the income tax provision in the period

54

incurred, rather than an adjustment to equity. Excluding these two items, the effective income tax rate was 30.1% and 29.1% for the three and nine months ended September 30, 2017, respectively, which reflects the impact of the Corporation's level of tax-exempt income for the period relative to the overall level of taxable income.

Financial Condition

Assets

The following table presents assets at the dates indicated:

	At September 30,   2017			At December 31,   2016			Change
(Dollars in thousands)							Amount			Percent
Cash and interest-earning deposits	$	79,490		$	57,825		$	21,665		37.5
Investment securities	443,822			468,518			(24,696		)	(5.3	)
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost	27,244			24,869			2,375			9.6
Loans held for sale	2,228			5,890			(3,662		)	(62.2	)
Loans and leases held for investment	3,487,164			3,285,886			201,278			6.1
Reserve for loan and lease losses	(20,543		)	(17,499		)	(3,044		)	(17.4	)
Premises and equipment, net	64,586			63,638			948			1.5
Goodwill and other intangibles, net	187,126			189,210			(2,084		)	(1.1	)
Bank owned life insurance	100,158			99,948			210			0.2
Accrued interest receivable and other assets	46,088			52,243			(6,155		)	(11.8	)
Total assets	$	4,417,363		$	4,230,528		$	186,835		4.4	%

Investment Securities

Total investments securities at September 30, 2017decreased$24.7 million from December 31, 2016. Maturities and pay-downs of $86.7 million, calls of $7.4 million and sales of $3.5 million were partially offset by purchases of $71.4 million and increases in the fair value of available-for-sale investment securities of $4.0 million. The yield curve flattened since year end resulting in lower long-term rates and an increased fair value on the available-for-sale investment securities.

Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost

The Bank is a member of the FHLB, and as such, is required to hold FHLB stock as a condition of membership as determined by the FHLB. The Bank is required to hold additional stock in the FHLB in relation to the level of outstanding borrowings. The Bank held FHLB stock of $12.5 million and $10.1 million at September 30, 2017 and December 31, 2016, respectively. FHLB stock increased$2.4 million mainly due to purchase requirements related to the increase in FHLB borrowings during the year.

The Bank held $14.6 million in Federal Reserve Bank stock as required by the Federal Reserve Bank at September 30, 2017 and December 31, 2016.

Loans and Leases

Gross loans and leases held for investment grew $201.3 million, or 6.1%, from December 31, 2016. The growth in loans was primarily in commercial real estate, commercial business and residential real estate loans, as the Bank increased its number of commercial lenders due to the Fox Chase acquisition and expansion into Lancaster County.

Asset Quality

The Bank's strategy for credit risk management focuses on having well-defined credit policies and uniform underwriting criteria and providing prompt attention to potential problem loans and leases. Performance of the loan and lease portfolio is monitored on a regular basis by Bank management and lending officers.

Loans and leases are deemed impaired when, based on current information and events, it is probable that the Bank will be unable to collect all proceeds due according to the contractual terms of the agreement or when a loan or lease is classified as a

55

troubled debt restructuring. Factors considered by management in determining impairment include payment status, borrower cash flows, collateral value and the probability of collecting scheduled principal and interest payments when due.

When a loan or lease, including a loan or lease that is impaired, is classified as nonaccrual, the accrual of interest on such a loan or lease is discontinued. A loan or lease is typically classified as nonaccrual when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about the further collectability of principal or interest, even though the loan or lease is currently performing. A loan or lease may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. When a loan or lease is placed on nonaccrual status, unpaid interest credited to income is reversed and the amortization of net deferred fees is suspended. Interest payments received on nonaccrual loans and leases are either applied against principal or reported as interest income, according to management’s judgment as to the ultimate collectability of principal.

Loans or leases are usually restored to accrual status when the obligation is brought current, has performed in accordance with the contractual terms for a reasonable period of time, and the ultimate collectability of the total contractual principal and interest is no longer in doubt.

At September 30, 2017, the recorded investment in loans and leases held for investment that were considered to be impaired was $31.8 million. The related reserve for loan and lease losses was $88 thousand. At December 31, 2016, the recorded investment in loans and leases that were considered to be impaired was $43.9 million. The related reserve for loan and lease losses was $235 thousand. During the second quarter of 2017, an accruing impaired commercial real estate loan for $10.4 million was removed from impaired status. During the third quarter of 2017, the Corporation charged-off $2.8 million related to $5.0 million of software leases under a vendor referral program. See Notes 4 and 14 to the financial statements included in Part I, Item I of this Form 10-Q, for additional information. The impaired loan and lease balances consisted mainly of commercial real estate loans and business loans. Impaired loans and leases include nonaccrual loans and leases, accruing troubled debt restructured loans and lease modifications and other accruing impaired loans for which it is probable that not all principal and interest payments due will be collectible in accordance with the contractual terms. The amount of the specific reserve needed for these credits could change in future periods subject to changes in facts and judgments related to these credits. Specific reserves have been established based on current facts and management’s judgments about the ultimate outcome of these credits.

Other real estate owned was $1.8 million at September 30, 2017, compared to $5.0 million at December 31, 2016. During the nine months ended September 30, 2017, five commercial real estate properties with a total carrying value of $1.9 million were sold for a net gain of $204 thousand, of which one property with a carrying value of $653 thousand was transferred to other real estate owned during the first quarter. Six units of a condominium complex with a carrying value of $1.5 million were sold for a gain of $231 thousand and a vacant parcel of land with a carrying value of $225 thousand was sold at a loss of $52 thousand.

Reserve for Loan and Lease Losses

The reserve for loan and lease losses is maintained at a level representing management's best estimate of known risks and inherent losses in the portfolio, based upon management's evaluation of the portfolio's collectability. Management evaluates the need to establish reserves against losses on loans and leases on a quarterly basis. When changes in the reserve are necessary, an adjustment is made.

The reserve for loan and lease losses consists of a reserve for impaired loans and leases and a general valuation allowance on the remainder of the originated portfolio. Although management determines the amount of each element of the reserve separately, the entire reserve for loan and lease losses is available for losses on the portfolio.The Corporation records a provision for loan loss for the acquired non-impaired loans only when additional deterioration of the portfolio is identified over the projections utilized in the initial fair value analysis. After the acquisition measurement period, the present value of any decreases in expected cash flows of acquired credit impaired loans will generally result in an impairment charge recorded as a provision for loan loss, resulting in an increase to the allowance.

The Corporation maintains a reserve in other liabilities for off-balance sheet credit exposures that currently are unfunded in categories with historical loss experience. The reserve for these off-balance sheet credits was $385 thousand at September 30, 2017 and December 31, 2016.

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Table 3—Nonaccrual and Past Due Loans and Leases; Troubled Debt Restructured Loans and Lease Modifications; Other Real Estate Owned; and Related Ratios

The following table details information pertaining to the Corporation’s nonperforming assets at the dates indicated. Nonperforming loans and assets exclude acquired credit impaired loans from Fox Chase and Valley Green.

(Dollars in thousands)	At September 30, 2017			At December 31, 2016
Nonaccrual loans and leases, including nonaccrual troubled debt restructured loans and lease modifications*:
Commercial, financial and agricultural	$	5,143		$	5,746
Real estate—commercial	4,514			5,651
Real estate—construction	365			—
Real estate—residential	4,224			5,983
Lease financings	1,703			536
Total nonaccrual loans and leases, including nonaccrual troubled debt restructured loans and lease modifications*	15,949			17,916
Accruing troubled debt restructured loans and lease modifications not included in the above	11,468			3,252
Accruing loans and leases 90 days or more past due:
Real estate—commercial	164			—
Real estate—residential	705			652
Loans to individuals	198			142
Lease financings	528			193
Total accruing loans and leases, 90 days or more past due	1,595			987
Total nonperforming loans and leases	29,012			22,155
Other real estate owned	1,763			4,969
Total nonperforming assets	$	30,775		$	27,124
Nonaccrual loans and leases (including nonaccrual troubled debt restructured loans and lease modifications) / loans and leases held for investment	0.46		%	0.55		%
Nonperforming loans and leases / loans and leases held for investment	0.83			0.67
Nonperforming assets / total assets	0.70			0.64
Allowance for loan and lease losses	$	20,543		$	17,499
Allowance for loan and lease losses / loans and leases held for investment	0.59			0.53
Allowance for loan and lease losses / loans and leases held for investment (excluding acquired loans at period-end)	0.71			0.73
Allowance for loan and lease losses / nonaccrual loans and leases held for investment	128.80			97.67
Allowance for loan and lease losses / nonperforming loans and leases held for investment	70.81			78.98
Acquired credit impaired loans	1,622			7,352
Nonperforming loans and leases and acquired credit impaired loans / loans and leases held for investment	0.88		%	0.90		%
Nonperforming assets and acquired credit impaired loans / total assets	0.73			0.81
* Nonaccrual troubled debt restructured loans and lease modifications included in nonaccrual loans and leases in the above table	$	1,724		$	1,753

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The following table provides additional information on the Corporation’s nonaccrual loans held for investment:

(Dollars in thousands)	At September 30, 2017			At December 31, 2016
Total nonaccrual loans and leases, including nonaccrual troubled debt restructured loans and lease modifications	$	15,949		$	17,916
Nonaccrual loans and leases with partial charge-offs	5,430			5,000
Life-to-date partial charge-offs on nonaccrual loans and leases	4,432			2,857
Charge-off rate of nonaccrual loans and leases with partial charge-offs	44.9		%	36.4		%
Specific reserves on impaired loans	$	88		$	235

Goodwill and Other Intangible Assets

Goodwill and other intangible assets have been recorded on the books of the Corporation in connection with acquisitions. The Corporation has covenants not to compete, core deposit and customer-related intangibles and servicing rights, which are not deemed to have an indefinite life and therefore will continue to be amortized over their useful life using the present value of projected cash flows. The amortization of intangible assets was $1.0 million and $1.3 million for the three months ended September 30, 2017 and 2016, respectively. The amortization of intangible assets was $3.2 million and $3.0 million for the nine months ended September 30, 2017 and 2016, respectively. See Note 5 to the Consolidated Financial Statements, "Goodwill and Other Intangible Assets" for a summary of intangible assets at September 30, 2017 and December 31, 2016. The Corporation also has goodwill with a net carrying value of $172.6 million at September 30, 2017 and December 31, 2016, which is deemed to be an indefinite intangible asset and is not amortized.

The Corporation completes a goodwill impairment analysis at least on an annual basis, or more often, if events and circumstances indicate that there may be impairment. The Corporation also completes an impairment test for other identifiable intangible assets on an annual basis or more often if events and circumstances indicate there may be impairment. There was no impairment of goodwill or identifiable intangibles during the nine months ended September 30, 2017 and 2016. Since the last annual impairment analysis during 2016, there have been no circumstances to indicate impairment. There can be no assurance that future impairment assessments or tests will not result in a charge to earnings.

Liabilities

The following table presents liabilities at the dates indicated:

(Dollars in thousands)	At September 30, 2017		At December 31, 2016		Change
					Amount			Percent
Deposits	$	3,518,590	$	3,257,567	$	261,023		8.0	%
Short-term borrowings	32,091		196,171		(164,080		)	(83.6	)
Long-term debt	206,168		127,522		78,646			61.7
Subordinated notes	94,270		94,087		183			0.2
Accrued interest payable and other liabilities	37,446		49,972		(12,526		)	(25.1	)
Total liabilities	$	3,888,565	$	3,725,319	$	163,246		4.4	%

Deposits

Total deposits increased $261.0 million, or 8.0%, from December 31, 2016, primarily due to growth in commercial customer relationships and the related deposits and increases in public funds deposits.

Borrowings

Total borrowings decreased$85.3 million from December 31, 2016, primarily due to a decrease in short-term borrowings of $164.1 million partially offset by an increase in long-term FHLB advances of $80.0 million. The Corporation increased its long-term advances as part of a balance sheet management strategy to take advantage of the flattening yield curve and obtain relatively low cost longer term fixed rate borrowings.

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Shareholders’ Equity

The following table presents total shareholders’ equity at the dates indicated:

(Dollars in thousands)	At September 30, 2017			At December 31, 2016			Change
							Amount		Percent
Common stock	$	144,559		$	144,559		$	—	N/M
Additional paid-in capital	232,172			230,494			1,678		0.7
Retained earnings	212,363			194,516			17,847		9.2
Accumulated other comprehensive loss	(16,343		)	(19,454		)	3,111		16.0
Treasury stock	(43,953		)	(44,906		)	953		2.1
Total shareholders’ equity	$	528,798		$	505,209		$	23,589	4.7	%

The increase in shareholder's equity at September 30, 2017 of $23.6 million from December 31, 2016 was primarily related to an increase in retained earnings of $17.8 million. Retained earnings at September 30, 2017 were impacted by the nine months of net income of $33.8 million partially offset by cash dividends declared of $16.0 million. Accumulated other comprehensive loss decreased by $3.1 million mainly attributable to increases in the fair value of available-for-sale investment securities. Treasury stock decreased by $1.0 million primarily due to the issuance of restricted stock.

Capital Adequacy

The Corporation and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Corporation’s and the Bank’s financial statements. Capital adequacy guidelines, and additionally for the Bank the prompt corrective action regulations, involve quantitative measures of assets, liabilities, and certain off-balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators about components, risk weighting and other factors.

Quantitative measures established by regulation to ensure capital adequacy require the Corporation and the Bank to maintain minimum amounts and ratios (set forth in the following table) of Total capital, Tier 1 capital and Tier 1 common capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to average assets (as defined), or leverage ratio.

In July 2013, the federal bank regulatory agencies adopted final rules revising the agencies’ capital adequacy guidelines and prompt corrective action rules, designed to enhance such requirements and implement the revised standards of the Basel Committee on Banking Supervision, commonly referred to as Basel III. The new minimum capital requirements were effective on January 1, 2015. Under the new rules, in order to avoid limitations on capital distributions (including dividend payments and certain discretionary bonus payments to executive officers), a banking organization must hold a capital conservation buffer comprised of common equity Tier 1 capital above its minimum risk-based capital requirements in an amount greater than 2.5% of total risk-weighted assets. The capital conservation buffer requirements began to be phased in over a four-year period beginning January 1, 2016 with final phase in occurring 2019.

The Corporation adopted the new Basel III regulatory capital rules during the first quarter of 2015 under the transition rules, primarily relating to regulatory deductions and adjustments impacting common equity tier 1 capital and tier 1 capital, to be phased in over a three-year period beginning January 1, 2015. Under Basel III rules, the decision was made to opt-out of including accumulated other comprehensive income in regulatory capital. During 2017, the Corporation and the Bank must hold a capital conservation buffer greater than 1.250% above its minimum risk-based capital requirements in order to avoid limitations on capital distributions. It is the Corporation's and Bank's intent to maintain capital levels in excess of the capital conservation buffer which would require Tier 1 Capital to Risk Weighted Assets to exceed 8.50% and Total Capital to Risk Weighted Assets to exceed 10.50% beginning in the first quarter of 2019.

59

Table 4—Regulatory Capital

The Corporation's and Bank's actual and required capital ratios as of September 30, 2017 and December 31, 2016 under regulatory capital rules were as follows.

	Actual				For Capital Adequacy Purposes				To Be Well-Capitalized Under Prompt Corrective Action Provisions
(Dollars in thousands)	Amount		Ratio		Amount		Ratio		Amount		Ratio
At September 30, 2017
Total Capital (to Risk-Weighted Assets):
Corporation	$	486,053	12.47	%	$	311,879	8.00	%	$	389,849	10.00	%
Bank	455,837		11.78		309,581		8.00		386,977		10.00
Tier 1 Capital (to Risk-Weighted Assets):
Corporation	370,564		9.51		233,909		6.00		311,879		8.00
Bank	434,618		11.23		232,186		6.00		309,581		8.00
Tier 1 Common Capital (to Risk-Weighted Assets):
Corporation	370,564		9.51		175,432		4.50		253,402		6.50
Bank	434,618		11.23		174,139		4.50		251,535		6.50
Tier 1 Capital (to Average Assets):
Corporation	370,564		8.74		169,670		4.00		212,088		5.00
Bank	434,618		10.32		168,431		4.00		210,538		5.00
At December 31, 2016
Total Capital (to Risk-Weighted Assets):
Corporation	$	462,198	12.44	%	$	297,284	8.00	%	$	371,604	10.00	%
Bank	436,435		11.85		294,679		8.00		368,349		10.00
Tier 1 Capital (to Risk-Weighted Assets):
Corporation	349,942		9.42		222,963		6.00		297,284		8.00
Bank	418,266		11.36		221,010		6.00		294,679		8.00
Tier 1 Common Capital (to Risk-Weighted Assets):
Corporation	349,942		9.42		167,222		4.50		241,543		6.50
Bank	418,266		11.36		165,757		4.50		239,427		6.50
Tier 1 Capital (to Average Assets):
Corporation	349,942		8.84		158,410		4.00		198,013		5.00
Bank	418,266		10.64		157,254		4.00		196,567		5.00

At September 30, 2017 and December 31, 2016, management believes that the Corporation and the Bank continued to meet all capital adequacy requirements to which they are subject. The Corporation, like other bank holding companies, currently is required to maintain Tier 1 Capital and Total Capital equal to at least 6.0% and 8.0%, respectively, of total risk-weighted assets (including various off-balance-sheet items). The Bank, like other depository institutions, is required to maintain similar capital levels under capital adequacy guidelines. During 2017, the Corporation and the Bank must hold a capital conservation buffer comprised of common equity Tier 1 capital above its minimum risk-based capital requirements in an amount greater than 1.250% of total risk-weighted assets in order to avoid limitations on capital distributions. For a depository institution to be considered “well capitalized” under the regulatory framework for prompt corrective action, Tier 1 and Total Capital ratios must be at least 8.0% and 10.0% on a risk-adjusted basis, respectively. At September 30, 2017, the Bank is categorized as “well capitalized” under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the Bank’s category. The Corporation will continue to analyze the impact of the phase in of the capital conservation buffer as well as the impact of new accounting rules, such as Lease Accounting (ASU No. 2016-02) and CECL (ASU No. 2016-13) on its regulatory capital ratios. See Note 1 to the financial statements included in Part I, Item I of this Form 10-Q for additional information.

60

Asset/Liability Management

The primary functions of Asset/Liability Management are to assure adequate earnings, capital and liquidity while maintaining an appropriate balance between interest-earning assets and interest-bearing liabilities. Liquidity management involves the ability to meet cash flow requirements of customers and corporate needs. Management's objective to address interest rate risk is to understand the Corporation's susceptibility to changes in interest rates and develop and implement strategies to minimize volatility while maximizing net interest income.

The Corporation uses both interest-sensitivity gap analysis and simulation modeling to quantify exposure to interest rate risk. The Corporation uses the gap analysis to identify and monitor long-term rate exposure and uses a simulation model to measure the short-term rate exposures. The Corporation runs various earnings simulation scenarios to quantify the impact of declining or rising interest rates on net interest income over a one-year and two-year horizon. The simulation uses expected cash flows and repricing characteristics for all financial instruments at a point in time and incorporates company developed, market-based assumptions regarding growth, pricing, and optionality such as prepayment speeds. As interest rates increase, fixed-rate assets that banks hold will tend to decrease in value; conversely, as interest rates decline, fixed-rate assets that banks hold will tend to increase in value.

Liquidity

The Corporation, in its role as a financial intermediary, is exposed to certain liquidity risks. Liquidity refers to the Corporation’s ability to ensure that sufficient cash flow and liquid assets are available to satisfy demand for loans, deposit withdrawals, repayment of borrowings and certificates of deposit at maturity, operating expenditures, and capital expansion. The Corporation manages liquidity risk by measuring and monitoring liquidity sources and estimated funding needs on a weekly basis. The Corporation has a contingency funding plan in place to address liquidity needs in the event of an institution-specific or a systemic financial crisis.

Sources of Funds

Core deposits continue to be the largest significant funding source for the Corporation. These deposits are primarily generated from a base of consumer, business and public customers located in our primary service areas. The Corporation faces increased competition for these deposits from a large array of financial market participants, including banks, credit unions, savings institutions, mutual funds, security dealers and others.

The Corporation also utilizes a mix of short-term and long-term wholesale funding providers. Wholesale funding includes correspondent bank borrowings, secured borrowing lines from the Federal Home Loan Bank, the Federal Reserve Bank of Philadelphia and, at times, brokered deposits and other similar sources.

The Corporation, through the Bank, has a credit facility with the FHLB with a maximum borrowing capacity of approximately $1.4 billion. At September 30, 2017 and December 31, 2016, the carrying amount of overnight borrowings with the FHLB was $11.0 million and $91.3 million, respectively. At September 30, 2017 and December 31, 2016, the carrying amount of long-term borrowings with the FHLB was $175.3 million and $96.2 million, respectively. At September 30, 2017 and December 31, 2016, the Bank had outstanding short-term letters of credit with the FHLB totaling $328.8 million and $148.5 million, respectively, which were utilized to collateralize public funds deposits. The maximum borrowing capacity with the FHLB changes as a function of qualifying collateral assets as well as the FHLB’s internal credit rating of the Bank.

The Corporation, through the Bank, maintains uncommitted federal fund lines with several correspondent banks totaling $367.0 million and $302.0 million at September 30, 2017 and December 31, 2016, respectively. At September 30, 2017 and December 31, 2016, the Corporation had $0.0 million and $80.0 million, respectively, outstanding federal funds purchased with these correspondent banks. Future availability under these lines is subject to the prerogatives of the granting banks and may be withdrawn at will.

The Corporation, through the Bank, holds collateral at the Federal Reserve Bank of Philadelphia in order to access their Discount Window Lending program. The collateral consisting of investment securities was valued at $52.5 million and $55.7 million at September 30, 2017 and December 31, 2016, respectively. At September 30, 2017 and December 31, 2016, the Corporation had no outstanding borrowings under this program.

The Corporation has a $10.0 million line of credit with a correspondent bank. At September 30, 2017, the Corporation had no outstanding borrowings under this line.

61

Cash Requirements

The Corporation has cash requirements for various financial obligations, including contractual obligations and commitments that require cash payments. The most significant contractual obligation, in both the under and over one year time period, is for the Bank to repay certificates of deposit and short-term and long-term borrowings. The Bank anticipates meeting these obligations by continuing to provide convenient depository and cash management services through its financial center network, thereby replacing these contractual obligations with similar fund sources at rates that are competitive in our market. The Bank will also use borrowings and brokered deposits to meet its obligations.

Commitments to extend credit are the Bank’s most significant commitment in both the under and over one year time periods. These commitments do not necessarily represent future cash requirements in that these commitments often expire without being drawn upon.

Recent Accounting Pronouncements

For information regarding recent accounting pronouncements, refer to Note 1 to the Consolidated Financial Statements, “Summary of Significant Accounting Policies.”

Item 3. Quantitative and Qualitative Disclosures About Market Risk

No material changes in the Corporation’s market risk or market strategy occurred during the current period. A detailed discussion of market risk is provided in the Corporation's Annual Report on Form 10-K for the year ended December 31, 2016.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Management is responsible for the disclosure controls and procedures of the Corporation. Disclosure controls and procedures are controls and other procedures of an issuer that are designed to ensure that information required to be disclosed by the issuer in the reports that it files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods required by the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be so disclosed by an issuer is accumulated and communicated to the issuer’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. As of the end of the period covered by this report, an evaluation was performed under the supervision and with the participation of the Corporation’s management, including the Chief Executive Officer (Principal Executive Officer) and Chief Financial Officer (Principal Financial and Accounting Officer), of the effectiveness of the design and operation of the Corporation’s disclosure controls and procedures. Based on that evaluation, the Corporation’s Chief Executive Officer and Chief Financial Officer concluded that the disclosure controls and procedures were effective as of September 30, 2017.

Changes in Internal Control over Financial Reporting

There were no changes in the Corporation’s internal control over financial reporting (as defined in Rule 13a-15(f)) during the quarter ended September 30, 2017 that materially affected, or are reasonably likely to materially affect, the Corporation’s internal control over financial reporting.

62

PART II. OTHER INFORMATION

Item 1. Legal Proceedings

The Corporation is periodically subject to various pending and threatened legal actions, which involve claims for monetary relief. Based upon information presently available to the Corporation, it is the Corporation's opinion that any legal and financial responsibility arising from such claims will not have a material adverse effect on the Corporation's results of operations, financial position or cash flows.

As discussed in Notes 4 and 14 to the financial statements included in Part I, Item I of this Form 10-Q, Univest Capital, Inc. is party to a Release and Settlement Agreement related to previously disclosed legal proceedings.

Item 1A. Risk Factors

There have been no material changes in risk factors from those disclosed under Item 1A, “Risk Factors” in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2016.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table provides information on repurchases by the Corporation of its common stock under the Corporation's Board approved program.

ISSUER PURCHASES OF EQUITY SECURITIES
Period	Total Number of Shares Purchased	Average Price Paid per Share		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs
July 1 – 31, 2017	—	$	—	—	1,014,246
August 1 – 31, 2017	—	—		—	1,014,246
September 1 – 30, 2017	—	—		—	1,014,246
Total	—	$	—	—

1. Transactions are reported as of trade dates.

2. On October 23, 2013, the Corporation’s Board of Directors approved a new stock repurchase plan for the repurchase of up to 800,000 shares, or approximately 5% of the shares outstanding. On May 27, 2015, the Corporation's Board of Directors approved an increase of 1,000,000 shares available for repurchase under the Corporation's share repurchase program, or approximately 5% of the Corporation's common stock outstanding as of May 27, 2015. The repurchased shares limit does not include normal treasury activity such as purchases to fund the dividend reinvestment, employee stock purchase and equity compensation plans. The program has no scheduled expiration date and the Board of Directors has the right to suspend or discontinue the program at any time.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not Applicable.

Item 5. Other Information

None.

63

Item 6. Exhibits

a.	Exhibits
	Exhibit 3.1	Amended and Restated Articles of Incorporation are incorporated by reference to Exhibit 3.1 of Form 8-K, filed with the SEC on April 22, 2015.
	Exhibit 3.2	Amended By-Laws effective November 23, 2016 are incorporated by reference to Exhibit 3.2 of Form 8-K, filed with the SEC on November 23, 2016.
	Exhibit 31.1	Certification of Jeffrey M. Schweitzer, President and Chief Executive Officer of the Corporation, pursuant to Rule 13a-14(a) of the Exchange Act, as enacted by Section 302 of the Sarbanes-Oxley Act of 2002.
	Exhibit 31.2	Certification of Roger S. Deacon, Senior Executive Vice President and Chief Financial Officer of the Corporation, pursuant to Rule 13a-14(a) of the Exchange Act, as enacted by Section 302 of the Sarbanes-Oxley Act of 2002.
	Exhibit 32.1	Certification of Jeffrey M. Schweitzer, President and Chief Executive Officer of the Corporation, pursuant to 18 United States Code Section 1350, as enacted by Section 906 of the Sarbanes-Oxley Act of 2002.
	Exhibit 32.2	Certification of Roger S. Deacon, Senior Executive Vice President and Chief Financial Officer of the Corporation, pursuant to 18 United States Code Section 1350, as enacted by Section 906 of the Sarbanes-Oxley Act of 2002.
	Exhibit 101.INS	XBRL Instance Document
	Exhibit 101.SCH	XBRL Taxonomy Extension Schema Document
	Exhibit 101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
	Exhibit 101.LAB	XBRL Taxonomy Extension Label Linkbase Document
	Exhibit 101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document
	Exhibit 101.DEF	XBRL Taxonomy Extension Definition Linkbase Document

64

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	Univest Corporation of Pennsylvania
	(Registrant)
Date: November 3, 2017	/s/ Jeffrey M. Schweitzer
	Jeffrey M. Schweitzer President and Chief Executive Officer (Principal Executive Officer)
Date: November 3, 2017	/s/ Roger S. Deacon
	Roger S. Deacon Senior Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)

65

EX-31.1

Exhibit 31.1

CERTIFICATION

I, Jeffrey M. Schweitzer, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Univest Corporation of Pennsylvania;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;

d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

Date: November 3, 2017

/s/ Jeffrey M. Schweitzer

Jeffrey M. Schweitzer

President and Chief Executive Officer

(Principal Executive Officer)

EX-31.2

Exhibit 31.2

CERTIFICATION

I, Roger S. Deacon, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Univest Corporation of Pennsylvania;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;

d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

Date: November 3, 2017

/s/ Roger S. Deacon

Roger S. Deacon

Senior Executive Vice President and Chief Financial Officer

(Principal Financial and Accounting Officer)

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Univest Corporation of Pennsylvania on Form 10-Q for the period ended September 30, 2017, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), the undersigned, in the capacity and on the date indicated below, hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to his knowledge:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operation of the Corporation.

A signed original of this written statement required by Section 906 has been provided to Univest Corporation of Pennsylvania and will be retained by Univest Corporation of Pennsylvania and furnished to the Securities and Exchange Commission or its staff upon request.

/s/ Jeffrey M. Schweitzer

Jeffrey M. Schweitzer

President and Chief Executive Officer

(Principal Executive Officer)

November 3, 2017

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Univest Corporation of Pennsylvania on Form 10-Q for the period ended September 30, 2017, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), the undersigned, in the capacity and on the date indicated below, hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to his knowledge:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operation of the Corporation.

A signed original of this written statement required by Section 906 has been provided to Univest Corporation of Pennsylvania and will be retained by Univest Corporation of Pennsylvania and furnished to the Securities and Exchange Commission or its staff upon request.

/s/ Roger S. Deacon

Roger S. Deacon

Senior Executive Vice President and Chief Financial Officer

(Principal Financial and Accounting Officer)

November 3, 2017

XML

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Oct. 31, 2017
Document And Entity Information [Abstract]
Entity Registrant Name	UNIVEST CORP OF PENNSYLVANIA
Entity Central Index Key	0000102212
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q3
Trading Symbol	UVSP
Amendment Flag	false
Entity Common Stock, Shares Outstanding		26,684,355

XML

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 47,876	$ 48,757
Interest-earning deposits with other banks	31,614	9,068
Investment securities held-to-maturity (fair value $45,633 and $24,871 at September 30, 2017 and December 31, 2016, respectively)	45,542	24,881
Investment securities available-for-sale	398,280	443,637
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost	27,244	24,869
Loans held for sale	2,228	5,890
Loans and leases held for investment	3,487,164	3,285,886
Less: Reserve for loan and lease losses	(20,543)	(17,499)
Net loans and leases held for investment	3,466,621	3,268,387
Premises and equipment, net	64,586	63,638
Goodwill	172,559	172,559
Other intangibles, net of accumulated amortization and fair value adjustments of $20,786 and $17,597 at September 30, 2017 and December 31, 2016, respectively	14,567	16,651
Bank owned life insurance	100,158	99,948
Accrued interest receivable and other assets	46,088	52,243
Total assets	4,417,363	4,230,528
LIABILITIES
Noninterest-bearing deposits	987,881	918,337
Interest-bearing deposits:
Demand deposits	1,105,211	909,963
Savings deposits	854,338	803,078
Time deposits	571,160	626,189
Total deposits	3,518,590	3,257,567
Short-term borrowings	32,091	196,171
Long-term debt	206,168	127,522
Subordinated notes	94,270	94,087
Accrued interest payable and other liabilities	37,446	49,972
Total liabilities	3,888,565	3,725,319
SHAREHOLDERS’ EQUITY
Common stock, $5 par value: 48,000,000 shares authorized at September 30, 2017 and December 31, 2016; 28,911,799 shares issued at September 30, 2017 and December 31, 2016; 26,671,336 and 26,589,353 shares outstanding at September 30, 2017 and December 31, 2016, respectively	144,559	144,559
Additional paid-in capital	232,172	230,494
Retained earnings	212,363	194,516
Accumulated other comprehensive loss, net of tax benefit	(16,343)	(19,454)
Treasury stock, at cost; 2,240,463 and 2,322,446 shares at September 30, 2017 and December 31, 2016, respectively	(43,953)	(44,906)
Total shareholders’ equity	528,798	505,209
Total liabilities and shareholders’ equity	$ 4,417,363	$ 4,230,528

XML

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Securities Held-to-Maturity, Fair Value	$ 45,633	$ 24,871
Accumulated amortization and fair value adjustments on other intangibles	$ 20,786	$ 17,597
Common stock, par value	$ 5	$ 5
Common stock, shares authorized	48,000,000	48,000,000
Common stock, shares issued	28,911,799	28,911,799
Common stock, shares outstanding	26,671,336	26,589,353
Treasury stock, shares	2,240,463	2,322,446

XML

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Interest and fees on loans and leases:
Taxable	$ 37,153	$ 32,236	$ 105,955	$ 76,397
Exempt from federal income taxes	2,106	1,982	6,225	5,472
Total interest and fees on loans and leases	39,259	34,218	112,180	81,869
Interest and dividends on investment securities:
Taxable	1,855	1,483	5,376	3,945
Exempt from federal income taxes	550	669	1,725	2,113
Interest on deposits with other banks	133	14	188	51
Interest and dividends on other earning assets	375	321	1,129	573
Total interest income	42,172	36,705	120,598	88,551
Interest expense
Interest on deposits	3,068	2,081	7,720	5,072
Interest on short-term borrowings	169	276	756	599
Interest on long-term debt and subordinated notes	2,048	1,479	5,652	2,827
Total interest expense	5,285	3,836	14,128	8,498
Net interest income	36,887	32,869	106,470	80,053
Provision for loan and lease losses	2,689	1,415	7,900	2,571
Net interest income after provision for loan and lease losses	34,198	31,454	98,570	77,482
Noninterest income
Trust fee income	1,924	1,958	5,847	5,820
Service charges on deposit accounts	1,371	1,344	3,927	3,398
Investment advisory commission and fee income	3,455	2,905	9,969	8,352
Insurance commission and fee income	3,492	3,267	11,530	11,328
Other service fee income	2,123	1,965	6,355	5,727
Bank owned life insurance income	742	711	3,147	1,716
Net gain on sales of investment securities	7	30	43	487
Net gain on mortgage banking activities	908	2,006	3,558	4,935
Other income (loss)	87	(49)	712	206
Total noninterest income	14,109	14,137	45,088	41,969
Noninterest expense
Salaries and benefits	16,909	16,710	49,919	44,972
Commissions	2,244	2,485	6,668	6,743
Net occupancy	2,523	2,534	7,872	6,730
Equipment	1,019	942	3,043	2,468
Data processing	2,118	2,169	6,257	4,980
Professional fees	1,447	1,322	3,934	3,289
Marketing and advertising	271	345	1,125	1,396
Deposit insurance premiums	409	327	1,262	1,192
Intangible expenses	690	854	1,895	2,611
Acquisition-related costs	0	8,784	0	10,156
Integration costs	0	5,365	0	5,398
Restructuring recoveries	0	(85)	0	(85)
Other expense	5,065	5,314	15,298	13,701
Total noninterest expense	32,695	47,066	97,273	103,551
Income before income taxes	15,612	(1,475)	46,385	15,900
Income tax expense (benefit)	4,416	(1,533)	12,555	3,313
Net income	$ 11,196	$ 58	$ 33,830	$ 12,587
Net income per share:
Basic (in dollars per share)	$ 0.42	$ 0.00	$ 1.27	$ 0.58
Diluted (in dollars per share)	0.42	0.00	1.27	0.57
Dividends declared (in dollars per share)	$ 0.20	$ 0.20	$ 0.60	$ 0.60

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Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Before Tax Amount
(Loss) income, Before Tax Amount		$ 15,612	$ (1,475)	$ 46,385	$ 15,900
Net unrealized gains (losses) on available-for-sale investment securities, Before Tax Amount
Net unrealized holding gains (losses) arising during the period		1,030	(151)	4,082	4,151
Less: reclassification adjustment for net gains on sales realized in net income	[1]	(7)	(30)	(43)	(487)
Total net unrealized gains (losses) on available-for-sale investment securities		1,023	(181)	4,039	3,664
Cash flow hedge derivative, Before Tax Amount
Net unrealized holding (losses) gains arising during the period		(20)	101	(105)	(825)
Less: reclassification adjustment for net losses realized in net income	[2]	41	76	148	237
Total net unrealized gains on interest rate swaps used in cash flow hedges		21	177	43	(588)
Defined benefit pension plans, Before Tax Amount
Amortization of net actuarial loss included in net periodic pension costs	[3]	320	330	918	988
Accretion of prior service cost included in net periodic pension costs	[3]	(71)	(71)	(212)	(212)
Total defined benefit pension plans		249	259	706	776
Other comprehensive income, Before Tax Amount		1,293	255	4,788	3,852
Total comprehensive income (loss), Before Tax Amount		16,905	(1,220)	51,173	19,752
Tax Expense (Benefit)
Income tax expense (benefit)		4,416	(1,533)	12,555	3,313
Net unrealized gains (losses) on available-for-sale investment securities, Tax Expense (Benefit)
Net unrealized holding gains (losses) arising during the period		362	(53)	1,430	1,453
Less: reclassification adjustment for net gains on sales realized in net income	[1]	(2)	(10)	(15)	(170)
Total net unrealized gains (losses) on available-for-sale investment securities		360	(63)	1,415	1,283
Net unrealized losses on interest rate swaps used in cash flow hedges, Tax Expense (Benefit)
Net unrealized holding losses arising during the period		(7)	35	(37)	(289)
Less: reclassification adjustment for net losses realized in net income	[2]	14	27	52	83
Total net unrealized gains (losses) on interest rate swaps used in cash flow hedges		7	62	15	(206)
Defined benefit pension plans, Tax Expense (Benefit)
Amortization of net actuarial loss included in net periodic pension costs	[3]	112	115	321	345
Accretion of prior service cost included in net periodic pension costs	[3]	(25)	(25)	(74)	(74)
Total defined benefit pension plans		87	90	247	271
Other comprehensive income, Tax Expense (Benefit)		454	89	1,677	1,348
Total comprehensive income (loss), Tax Expense (Benefit)		4,870	(1,444)	14,232	4,661
Net of Tax Amount
Net income		11,196	58	33,830	12,587
Net unrealized gains (losses) on available-for-sale investment securities, Net of Tax Amount
Net unrealized holding gains (losses) arising during the period		668	(98)	2,652	2,698
Less: reclassification adjustment for net gains on sales realized in net income	[1]	(5)	(20)	(28)	(317)
Total net unrealized gains (losses) on available-for-sale investment securities		663	(118)	2,624	2,381
Total net unrealized gains (losses) on interest rate swaps used in cash flow hedges, Net of Tax Amount
Net unrealized holding (losses) gains arising during the period		(13)	66	(68)	(536)
Less: reclassification adjustment for net losses realized in net income	[2]	27	49	96	154
Total net unrealized gains on interest rate swaps used in cash flow hedges		14	115	28	(382)
Defined benefit pension plans, Net of Tax Amount
Amortization of net actuarial loss included in net periodic pension costs	[3]	208	215	597	643
Accretion of prior service cost included in net periodic pension costs	[3]	(46)	(46)	(138)	(138)
Total defined benefit pension plans		162	169	459	505
Other comprehensive income, Net of Tax Amount		839	166	3,111	2,504
Total comprehensive income (loss), Net of Tax Amount		$ 12,035	$ 224	$ 36,941	$ 15,091

[1] Included in net gain on sales of investment securities on the consolidated statements of income (before tax amount).

[2] Included in interest expense on deposits on the consolidated statements of income (before tax amount).

[3] These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (before tax amount). See Note 7—Retirement Plans and Other Postretirement Benefits for additional details.

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Condensed Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Treasury Stock [Member]
Beginning balance at Dec. 31, 2015	$ 361,574	$ 110,271	$ 121,280	$ 193,446	$ (16,708)	$ (46,715)
Beginning balance, shares at Dec. 31, 2015		19,530,930
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	12,587	$ 0	0	12,587	0	0
Other comprehensive income, net of income tax	2,504	0	0	0	2,504	0
Cash dividends declared ($0.60 per share)	(13,125)	0	0	(13,125)	0	0
Stock issued under dividend reinvestment and employee stock purchase plans	1,848	$ 0	42	0	0	1,806
Stock issued under dividend reinvestment and employee stock purchase plans, shares		90,420
Issuance of common stock, acquisition	144,146	$ 34,288	109,858	0	0	0
Issuance of common stock, acquisition, shares		6,857,529
Exercise of stock options	737	$ 0	(2)	0	0	739
Exercise of stock options, shares		39,829
Stock-based compensation	1,407	$ 0	1,407	0	0	0
Purchases of treasury stock	(2,429)	$ 0	0	0	0	(2,429)
Purchases of treasury stock, shares		(118,412)
Restricted stock awards granted, net of cancellations	0	$ 0	(2,950)	0	0	2,950
Restricted stock awards granted, net of cancellations, shares		158,116
Ending balance at Sep. 30, 2016	509,249	$ 144,559	229,635	192,908	(14,204)	(43,649)
Ending balance, shares at Sep. 30, 2016		26,558,412
Beginning balance at Dec. 31, 2016	505,209	$ 144,559	230,494	194,516	(19,454)	(44,906)
Beginning balance, shares at Dec. 31, 2016		26,589,353
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	33,830	$ 0	0	33,830	0	0
Other comprehensive income, net of income tax	3,111	0	0	0	3,111	0
Cash dividends declared ($0.60 per share)	(15,983)	0	0	(15,983)	0	0
Stock issued under dividend reinvestment and employee stock purchase plans	1,839	$ 0	130	0	0	1,709
Stock issued under dividend reinvestment and employee stock purchase plans, shares		63,683
Exercise of stock options	$ 1,527	$ 0	(121)	0	0	1,648
Exercise of stock options, shares	84,870	84,870
Stock-based compensation	$ 2,550	$ 0	2,550	0	0	0
Purchases of treasury stock	(3,285)	$ 0	0	0	0	(3,285)
Purchases of treasury stock, shares		(112,393)
Restricted stock awards granted, net of cancellations	0	$ 0	(881)	0	0	881
Restricted stock awards granted, net of cancellations, shares		45,823
Ending balance at Sep. 30, 2017	$ 528,798	$ 144,559	$ 232,172	$ 212,363	$ (16,343)	$ (43,953)
Ending balance, shares at Sep. 30, 2017		26,671,336

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Condensed Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Statement of Stockholders' Equity [Abstract]
Cash dividends declared, per share	$ 0.20	$ 0.20	$ 0.60	$ 0.60

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Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows from operating activities:
Net income	$ 33,830	$ 12,587
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan and lease losses	7,900	2,571
Depreciation of premises and equipment	4,151	3,059
Net amortization of investment securities premiums and discounts	1,416	1,238
Net gain on sales of investment securities	(43)	(487)
Net gain on mortgage banking activities	(3,558)	(4,935)
Bank owned life insurance income	(3,147)	(1,716)
Net accretion of acquisition accounting fair value adjustments	(2,572)	(947)
Stock-based compensation	2,550	1,407
Intangible expenses	1,895	2,611
Other adjustments to reconcile net income to cash (used in) provided by operating activities	(286)	3,035
Originations of loans held for sale	(105,557)	(187,553)
Proceeds from the sale of loans held for sale	112,602	192,207
Contributions to pension and other postretirement benefit plans	(2,206)	(2,181)
Decrease (increase) in accrued interest receivable and other assets	1,395	(2,771)
(Decrease) increase in accrued interest payable and other liabilities	(3,620)	5,777
Net cash provided by operating activities	44,750	23,902
Cash flows from investing activities:
Net cash paid due to acquisitions	0	(94,835)
Net capital expenditures	(5,040)	(9,292)
Proceeds from maturities, calls and principal repayments of securities held-to-maturity	21,796	17,000
Proceeds from maturities, calls and principal repayments of securities available-for-sale	72,306	86,092
Proceeds from sales of securities available-for-sale	3,538	75,265
Purchases of investment securities held-to-maturity	(42,585)	0
Purchases of investment securities available-for-sale	(28,849)	(58,820)
Net increase in other investments	(2,375)	(4,140)
Net increase in loans and leases	(204,866)	(239,949)
Net (increase) decrease in interest-earning deposits	(22,546)	30,829
Proceeds from sales of other real estate owned	3,996	0
Proceeds from bank owned life insurance	2,937	0
Net cash used in investing activities	(201,688)	(197,850)
Cash flows from financing activities:
Net increase in deposits	261,402	46,197
Net (decrease) increase in short-term borrowings	(164,080)	108,372
Proceeds from issuance of long-term debt	95,000	0
Repayment of long-term debt	(15,000)	0
Proceeds from issuance of subordinated notes	0	44,515
Payment of contingent consideration on acquisitions	(5,380)	(2,519)
Purchases of treasury stock	(3,285)	(2,429)
Stock issued under dividend reinvestment and employee stock purchase plans	1,839	1,848
Proceeds from exercise of stock options	1,527	737
Cash dividends paid	(15,966)	(11,719)
Net cash provided by financing activities	156,057	185,002
Net (decrease) increase in cash and due from banks	(881)	11,054
Cash and due from banks at beginning of year	48,757	32,356
Cash and due from banks at end of period	47,876	43,410
Supplemental disclosures of cash flow information:
Cash paid for interest	15,458	9,618
Cash paid for income taxes, net of refunds	12,448	6,461
Non cash transactions:
Transfer of loans to other real estate owned	649	2,347
Assets acquired through acquisitions	0	1,090,859
Liabilities assumed through acquisitions	$ 0	$ 911,316

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Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2017

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Summary of Significant Accounting Policies

Principles of Consolidation and Basis of Presentation

The accompanying unaudited consolidated financial statements include the accounts of Univest Corporation of Pennsylvania (the Corporation or Univest) and its wholly owned subsidiaries. The Corporation’s direct subsidiary is Univest Bank and Trust Co. (the Bank). All significant intercompany balances and transactions have been eliminated in consolidation. The unaudited interim consolidated financial statements included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) have been condensed or omitted pursuant to such rules and regulations for interim financial information. The accompanying unaudited consolidated financial statements reflect all adjustments which are of a normal recurring nature and are, in the opinion of management, necessary for a fair presentation of the financial statements for the interim periods presented. Certain prior period amounts have been reclassified to conform to the current-year presentation. Operating results for the three and nine-month periods ended September 30, 2017 are not necessarily indicative of the results that may be expected for the year ended December 31, 2017 or for any other period. It is suggested that these unaudited consolidated financial statements be read in conjunction with the audited financial statements and the notes thereto included in the registrant’s Annual Report on Form 10-K for the year ended December 31, 2016, which was filed with the SEC on March 3, 2017.

Use of Estimates

The preparation of the unaudited consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes include fair value measurement of investment securities available-for-sale and assessment for impairment of certain investment securities, reserve for loan and lease losses, purchase accounting, valuation of goodwill and other intangible assets, servicing rights, deferred tax assets and liabilities, benefit plans and stock-based compensation.

Recent Accounting Pronouncements

In August 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2017-12, “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities." The amendments in this update expand and refine hedge accounting for both non-financial and financial risk components and aligns the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. Additional hedging strategies permitted for hedge accounting include: hedges of contractually-specified price components of commodity purchases or sales, hedges of the benchmark rate component of the contractual coupon cash flows of fixed-rate assets or liabilities, hedges of the portion of a closed portfolio of prepayable assets not expected to prepay, and partial-term hedges of fixed-rate assets or liabilities. The ASU amends the presentation and disclosure requirements and changes how entities assess effectiveness. The ASU eliminates the requirement to separately measure and report hedge ineffectiveness and requires all items that affect earnings be presented in the same income statement line as the hedged items. After initial qualification, the new guidance permits a qualitative effectiveness assessment for certain hedges instead of a quantitative test, such as a regression analysis, if the entity can reasonably support an expectation of high effectiveness throughout the term of the hedge. An initial quantitative test to establish that the hedge relationship is highly effective is still required. The ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years for public business entities, or January 1, 2019 for the Corporation. Early adoption is permitted, including an interim period. The amended presentation and disclosure guidance is required only prospectively. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In May 2017, the FASB issued ASU No. 2017-09, “Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting." This ASU provides clarification on when modification accounting should be used for changes to the terms or conditions of a share-based payment award. The ASU does not change the accounting for modifications but clarifies that modification accounting guidance should only be applied if there is a change to the value, vesting conditions, or award classification. This ASU is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years, or January 1, 2018 for the Corporation. Early adoption is permitted, including an interim period. The amendments in this ASU should be applied prospectively to an award modified on or after the adoption. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In March 2017, the FASB issued ASU No. 2017-08, “Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities.” This ASU shortens the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. The guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, or January 1, 2019 for the Corporation. Early adoption is permitted, including an interim period. This ASU is to be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption.The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In March 2017, the FASB issued ASU No. 2017-07, "Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." The amendments in this ASU require that an employer that sponsors defined benefit pension plans and other postretirement plans present the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. Other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. The amendments also allow only the service cost component to be eligible for capitalization, when applicable. This ASU is effective for public business entities for annual periods beginning after December 15, 2017, including interim periods within those annual periods, or January 1, 2018 for the Corporation. This ASU should be applied retrospectively for the presentation requirements and prospectively for the capitalization of the service cost component requirements. The amendments allow a practical expedient that permits an employer to use the amounts disclosed in its pension and other postretirement benefit plan note for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. Disclosure that the practical expedient was used is required. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In January 2017, the FASB issued ASU No. 2017-04, "Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment." This ASU eliminates Step 2 of the goodwill impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. Under the new guidance, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. Public business entities that are SEC filers should adopt the amendments in this ASU for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019, or for the Corporation's goodwill impairment test in 2020. Early adoption is permitted for goodwill impairment tests with measurement dates after January 1, 2017. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In January 2017, the FASB issued ASU No. 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business." The amendments in this ASU clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Under the current implementation guidance in Topic 805, there are three elements of a business – inputs, processes, and outputs. While an integrated set of assets and activities (collectively referred to as a “set”) that is a business usually has outputs, outputs are not required to be present. In addition, all the inputs and processes that a seller uses in operating a set are not required if market participants can acquire the set and continue to produce outputs. The amendments in this ASU provide a screen to determine when a set is not a business. If the screen is not met, the amendments (1) require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output, and (2) remove the evaluation of whether a market participant could replace missing elements. The ASU provides a framework to assist entities in evaluating whether both an input and a substantive process are present. The amendments in this ASU are effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods, or January 1, 2018 for the Corporation. The amendments in this ASU should be applied prospectively on or after the effective date. The Corporation does not anticipate the adoption of this ASU will have a material impact on the Corporation's financial statements.

In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This ASU requires businesses and other organizations to measure the current expected credit losses (CECL) on financial assets, such as loans, net investments in leases, certain debt securities, bond insurance and other receivables. The amendments affect entities holding financial assets and net investments in leases that are not accounted for at fair value through net income. Current GAAP requires an incurred loss methodology for recognizing credit losses that delays recognition until it is probable a loss has been incurred. The amendments in this ASU replace the incurred loss impairment methodology with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonableness and supportable information to inform credit loss estimates. An entity should apply the amendments through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (modified-retrospective approach). Acquired credit impaired loans for which the guidance in Accounting Standards Codification (ASC) Topic 310-30 has been previously applied should prospectively apply the guidance in this ASU. A prospective transition approach is required for debt securities for which an other-than-temporary impairment has been recognized before the effective date. The ASU is effective for fiscal years beginning after December 15, 2019, and interim periods within those years for public business entities that are SEC filers, or January 1, 2020 for the Corporation. The Corporation is in the process of evaluating the impact of the adoption of this guidance on the Corporation's financial statements; however, it is anticipated that the allowance will increase upon adoption of CECL and that the increased allowance level will decrease shareholders' equity and regulatory capital and ratios.

In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)" to revise the accounting related to lessee accounting. Under the new guidance, lessees will be required to recognize a lease liability and a right-of-use asset for all leases. Disclosures will be required by lessees and lessors to meet the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. Lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that entities may elect to apply. These practical expedients relate to the identification and classification of leases that commenced before the effective date, initial direct costs for leases that commenced before the effective date, and the ability to use hindsight in evaluating lessee options to extend or terminate a lease or to purchase the underlying asset. An entity that elects to apply the practical expedients will, in effect, continue to account for leases that commence before the effective date in accordance with previous GAAP unless the lease is modified, except that lessees are required to recognize a right-of-use asset and a lease liability for all operating leases at each reporting date based on the present value of the remaining minimum rental payments that were tracked and disclosed under previous GAAP. The ASU is effective for the first interim period within annual periods beginning after December 15, 2018, or January 1, 2019, with early adoption permitted. The Corporation is in the process of evaluating the impact of the adoption of this guidance on the Corporation's financial statements; however, the adoption of this ASU will impact the balance sheet for the recording of assets and liabilities for operating leases; any initial or continued impact of the recording of assets will have a negative impact on all Corporation and Bank capital ratios under current regulatory guidance and possibly equity ratios.

In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities." This ASU addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments. The ASU will require equity investments to be measured at fair value with changes in fair value recognized in net income. When fair value is not readily determinable, an entity may elect to measure the equity investment at cost, minus impairment, plus or minus any change in the investment’s observable price. The ASU will simplify the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment. When a qualitative assessment indicates that impairment exists, an entity is required to measure the investment at fair value. A valuation allowance on a deferred tax asset related to available-for-sale securities will need to be included. For financial liabilities that are measured at fair value, the ASU requires an entity to present separately, in other comprehensive income, any change in fair value resulting from a change in instrument-specific credit risk. An entity should apply the amendments by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. The amendments related to equity securities without readily determinable fair values (including disclosure requirements) should be applied prospectively to equity investments that exist as of the date of adoption. The amendments in this ASU are effective for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2017 or January 1, 2018 for the Corporation. At September 30, 2017, the Corporation's equity portfolio had a carrying value of $1.0 million which included an unrealized net gain of $590 thousand. This unrealized net gain, net of income taxes, amounted to $384 thousand and was recorded in accumulated other comprehensive income. Upon implementation using the prospective approach, the balance in accumulated other comprehensive income will be reclassed to retained earnings. The carrying value of the equity securities, upon implementation, will not change; however, any future increases or decreases in fair value will be recorded as an increase or decrease to the carrying value and recognized in non-interest income.

In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers (Topic 606)” and subsequent related updates. This ASU clarifies the principles for recognizing revenue and develops a common standard for U.S. GAAP and International Financial Reporting Standards. The ASU establishes a core principle that requires an entity to identify the contract(s) with a customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when (or as) the entity satisfies a performance obligation. The ASU provides for improved disclosure requirements that require entities to disclose sufficient information that enables users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. 

The Corporation will adopt the guidance effective January 1, 2018 and expects to use the modified retrospective method with a cumulative-effect adjustment to opening retained earnings, if such adjustment is deemed significant. The Corporation’s revenue is the sum of net interest income and noninterest income. The scope of the guidance excludes nearly all net interest income as well as many other revenues for financial assets and liabilities including loans, leases, securities, and derivatives. The Corporation has completed the initial scoping review and determined that approximately 82% of non-interest income revenue streams are within the scope of the new standard. Non-interest income streams that are out of scope of the new standard include BOLI, sales of investment securities, mortgage banking activities, certain items within other service fee income such as mortgage servicing income, and certain items within other income. Management is currently reviewing contracts related to trust fee income, service charges on deposits, investment advisory commissions and fee income, insurance commission and fee income and certain items within other service fee income and other income. While the Corporation has not identified material changes to the timing or amount of revenue recognition, the review is ongoing. The Corporation is evaluating changes that may be necessary to applicable disclosures of disaggregation of total revenue, information about performance obligations, information about key judgments and estimates and policy decisions regarding revenue recognition.

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Earnings per Share

9 Months Ended

Sep. 30, 2017

Earnings Per Share, Basic and Diluted [Abstract]

Earnings per Share

Earnings per Share

The Corporation uses the two-class method to calculate earnings per share as the unvested restricted stock issued under the Corporation's equity incentive plans are participating shares with nonforfeitable rights to dividends. Under the two-class method, earnings per common share are computed by dividing the sum of distributed earnings to common shareholders and undistributed earnings allocated to common shareholders by the weighted average number of common shares outstanding for the period. In applying the two-class method, undistributed earnings are allocated to both common shares and participating securities based on the number of weighted average shares outstanding during the period. The table also notes anti-dilutive options which are those options with weighted average exercise prices in excess of the weighted average market value for the periods presented.

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended   September 30,					Nine Months Ended   September 30,
(Dollars and shares in thousands, except per share data)	2017			2016		2017			2016
Numerator:
Net income	$	11,196		$	58	$	33,830		$	12,587
Net income allocated to unvested restricted stock	(96		)	—		(330		)	(102		)
Net income allocated to common shares	$	11,100		$	58	$	33,500		$	12,485
Denominator:
Denominator for basic earnings per share—weighted-average shares outstanding	26,437			26,274		26,388			21,720
Effect of dilutive securities—employee stock options	105			67		102			41
Denominator for diluted earnings per share—adjusted weighted-average shares outstanding	26,542			26,341		26,490			21,761
Basic earnings per share	$	0.42		$	—	$	1.27		$	0.58
Diluted earnings per share	$	0.42		$	—	$	1.27		$	0.57
Average anti-dilutive options excluded from computation of diluted earnings per share	185			201		166			550

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Investment Securities

9 Months Ended

Sep. 30, 2017

Investments, Debt and Equity Securities [Abstract]

Investment Securities

Investment Securities

The following table shows the amortized cost and the estimated fair value of the held-to-maturity securities and available-for-sale securities at September 30, 2017 and December 31, 2016, by contractual maturity within each type:

	At September 30, 2017									At December 31, 2016
(Dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Securities Held-to-Maturity
U.S. government corporations and agencies:
After 1 year to 5 years	$	6,995	$	—	$	(10	)	$	6,985	$	—	$	—	$	—		$	—
	6,995		—		(10		)	6,985		—		—		—			—
Residential mortgage-backed securities:
After 5 years to 10 years	9,418		3		—			9,421		—		—		—			—
Over 10 years	29,129		100		(2		)	29,227		5,071		—		(3		)	5,068
	38,547		103		(2		)	38,648		5,071		—		(3		)	5,068
Corporate bonds:
Within 1 year	—		—		—			—		19,810		2		(9		)	19,803
	—		—		—			—		19,810		2		(9		)	19,803
Total	$	45,542	$	103	$	(12	)	$	45,633	$	24,881	$	2	$	(12	)	$	24,871
Securities Available-for-Sale
U.S. government corporations and agencies:
Within 1 year	$	1,499	$	—	$	(3	)	$	1,496	$	15,000	$	20	$	—		$	15,020
After 1 year to 5 years	15,634		—		(40		)	15,594		17,265		—		(19		)	17,246
	17,133		—		(43		)	17,090		32,265		20		(19		)	32,266
State and political subdivisions:
Within 1 year	1,258		4		—			1,262		964		—		(1		)	963
After 1 year to 5 years	17,838		52		(23		)	17,867		18,705		38		(75		)	18,668
After 5 years to 10 years	57,334		1,166		(16		)	58,484		55,541		829		(426		)	55,944
Over 10 years	3,120		9		(17		)	3,112		12,663		226		(114		)	12,775
	79,550		1,231		(56		)	80,725		87,873		1,093		(616		)	88,350
Residential mortgage-backed securities:
After 1 year to 5 years	4,814		33		(6		)	4,841		6,086		—		(66		)	6,020
After 5 years to 10 years	58,482		14		(718		)	57,778		23,479		—		(622		)	22,857
Over 10 years	113,530		133		(1,712		)	111,951		174,388		99		(4,794		)	169,693
	176,826		180		(2,436		)	174,570		203,953		99		(5,482		)	198,570
Collateralized mortgage obligations:
Over 10 years	3,879		20		(57		)	3,842		4,659		—		(105		)	4,554
	3,879		20		(57		)	3,842		4,659		—		(105		)	4,554
Corporate bonds:
Within 1 year	9,015		—		(3		)	9,012		250		—		—			250
After 1 year to 5 years	33,302		87		(67		)	33,322		35,923		34		(241		)	35,716
After 5 years to 10 years	15,176		43		(215		)	15,004		15,193		—		(516		)	14,677
Over 10 years	60,000		—		(2,909		)	57,091		60,000		27		(2,472		)	57,555
	117,493		130		(3,194		)	114,429		111,366		61		(3,229		)	108,198
Money market mutual funds:
No stated maturity	6,624		—		—			6,624		10,784		—		—			10,784
	6,624		—		—			6,624		10,784		—		—			10,784
Equity securities:
No stated maturity	410		591		(1		)	1,000		411		504		—			915
	410		591		(1		)	1,000		411		504		—			915
Total	$	401,915	$	2,152	$	(5,787	)	$	398,280	$	451,311	$	1,777	$	(9,451	)	$	443,637

Expected maturities may differ from contractual maturities because debt issuers may have the right to call or prepay obligations without call or prepayment penalties and mortgage-backed securities typically prepay at a rate faster than contractually due. Unrealized losses in investment securities at September 30, 2017 and December 31, 2016 do not represent other-than-temporary impairments in management's judgment.

Securities with a carrying value of $335.5 million and $356.7 million at September 30, 2017 and December 31, 2016, respectively, were pledged to secure public deposits and other contractual obligations. In addition, securities of $1.9 million and $1.4 million were pledged to secure credit derivatives and interest rate swaps at September 30, 2017 and December 31, 2016, respectively. See Note 10, "Derivative Instruments and Hedging Activities" for additional information.

The following table presents information related to sales of securities available-for-sale during the nine months ended September 30, 2017 and 2016:

	Nine Months Ended September 30,
(Dollars in thousands)	2017		2016
Securities available-for-sale:
Proceeds from sales	$	3,538	$	75,265
Gross realized gains on sales	43		568
Gross realized losses on sales	—		81
Tax expense related to net realized gains on sales	15		170

Management evaluates debt securities, which are comprised of U.S. government, government sponsored agencies, municipalities, corporate bonds and other issuers, for other-than-temporary impairment by considering the current economic conditions, the length of time and the extent to which the fair value has been less than cost, market interest rates and the credit rating of each security. The Corporation does not have the intent to sell the debt securities and believes it is more likely than not, that it will not have to sell the securities before recovery of their cost basis. The Corporation did not recognize any other-than-temporary impairment charges on debt securities for the nine months ended September 30, 2017 and 2016.

At September 30, 2017 and December 31, 2016, there were no investments in any single non-federal issuer representing more than 10% of shareholders’ equity.

The following table shows the fair value of securities that were in an unrealized loss position at September 30, 2017 and December 31, 2016 by the length of time those securities were in a continuous loss position. For the investment securities in an unrealized loss position, the Corporation has concluded, based on its analysis, that the unrealized losses are primarily caused by the movement of interest rates and current market conditions. The contractual terms of these investments do not permit the issuer to settle the securities at a price less than the par value of the investment. It is more likely than not that the Corporation will not be required to sell the investment before a recovery of carrying value.

	Less than Twelve Months					Twelve Months or Longer					Total
(Dollars in thousands)	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
At September 30, 2017
Securities Held-to-Maturity
U.S. government corporations and agencies	$	6,985	$	(10	)	$	—	$	—		$	6,985	$	(10	)
Residential mortgage-backed securities	10,845		(2		)	—		—			10,845		(2		)
Total	$	17,830	$	(12	)	$	—	$	—		$	17,830	$	(12	)
Securities Available-for-Sale
U.S. government corporations and agencies	$	16,791	$	(38	)	$	300	$	(5	)	$	17,091	$	(43	)
State and political subdivisions	8,508		(35		)	4,402		(21		)	12,910		(56		)
Residential mortgage-backed securities	136,652		(1,955		)	22,819		(481		)	159,471		(2,436		)
Collateralized mortgage obligations	—		—			2,167		(57		)	2,167		(57		)
Corporate bonds	42,377		(906		)	49,760		(2,288		)	92,137		(3,194		)
Equity securities	3		(1		)	—		—			3		(1		)
Total	$	204,331	$	(2,935	)	$	79,448	$	(2,852	)	$	283,779	$	(5,787	)
At December 31, 2016
Securities Held-to-Maturity
Residential mortgage-backed securities	$	5,068	$	(3	)	$	—	$	—		$	5,068	$	(3	)
Corporate bonds	9,779		(9		)	—		—			9,779		(9		)
Total	$	14,847	$	(12	)	$	—	$	—		$	14,847	$	(12	)
Securities Available-for-Sale
U.S. government corporations and agencies	$	11,850	$	(19	)	$	—	$	—		$	11,850	$	(19	)
State and political subdivisions	40,771		(610		)	423		(6		)	41,194		(616		)
Residential mortgage-backed securities	192,782		(5,482		)	—		—			192,782		(5,482		)
Collateralized mortgage obligations	2,012		(26		)	2,542		(79		)	4,554		(105		)
Corporate bonds	58,535		(1,333		)	33,104		(1,896		)	91,639		(3,229		)
Total	$	305,950	$	(7,470	)	$	36,069	$	(1,981	)	$	342,019	$	(9,451	)

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Loans and Leases

9 Months Ended

Sep. 30, 2017

Receivables [Abstract]

Loans and Leases

Loans and Leases

Summary of Major Loan and Lease Categories

	At September 30, 2017
(Dollars in thousands)	Originated			Acquired		Total
Commercial, financial and agricultural	$	782,769		$	76,448	$	859,217
Real estate-commercial	1,176,956			339,018		1,515,974
Real estate-construction	149,917			6,156		156,073
Real estate-residential secured for business purpose	213,811			96,209		310,020
Real estate-residential secured for personal purpose	249,283			66,623		315,906
Real estate-home equity secured for personal purpose	166,810			11,585		178,395
Loans to individuals	27,297			144		27,441
Lease financings	124,138			—		124,138
Total loans and leases held for investment, net of deferred income	$	2,890,981		$	596,183	$	3,487,164
Unearned lease income, included in the above table	$	(13,864	)	$	—	$	(13,864	)
Net deferred costs, included in the above table	4,725			—		4,725
Overdraft deposits included in the above table	68			—		68

	At December 31, 2016
(Dollars in thousands)	Originated			Acquired		Total
Commercial, financial and agricultural	$	663,221		$	160,045	$	823,266
Real estate-commercial	909,581			465,368		1,374,949
Real estate-construction	142,891			31,953		174,844
Real estate-residential secured for business purpose	151,931			142,137		294,068
Real estate-residential secured for personal purpose	210,377			80,431		290,808
Real estate-home equity secured for personal purpose	147,982			14,857		162,839
Loans to individuals	30,110			263		30,373
Lease financings	134,739			—		134,739
Total loans and leases held for investment, net of deferred income	$	2,390,832		$	895,054	$	3,285,886
Unearned lease income, included in the above table	$	(15,970	)	$	—	$	(15,970	)
Net deferred costs, included in the above table	4,503			—		4,503
Overdraft deposits included in the above table	84			—		84

Overdraft deposits are re-classified as loans and are included in the total loans and leases on the balance sheet.

The carrying amount of acquired loans at September 30, 2017 totaled $596.2 million, including $466.5 million of loans from the Fox Chase acquisition and $129.7 million from the Valley Green Bank acquisition. At September 30, 2017, loans acquired with deteriorated credit quality, or acquired credit impaired loans, totaled $1.6 million representing $832 thousand from the Fox Chase acquisition and $790 thousand from the Valley Green Bank acquisition. Acquired credit impaired loans are accounted for in accordance with Accounting Standards Codification (ASC) Topic 310-30.

The outstanding principal balance and carrying amount for acquired credit impaired loans at September 30, 2017 and December 31, 2016 were as follows:

(Dollars in thousands)	At September 30, 2017		At December 31, 2016
Outstanding principal balance	$	2,428	$	8,993
Carrying amount	1,622		7,352
Allowance for loan losses	—		—

The following table presents the changes in accretable yield on acquired credit impaired loans:

	Nine Months Ended September 30,
(Dollars in thousands)	2017			2016
Beginning of period	$	50		$	144
Acquisition of credit impaired loans	—			283
Reclassification from nonaccretable discount	823			318
Accretable discount amortized to interest income	(850		)	(501		)
Disposals	(4		)	(34		)
End of period	$	19		$	210

Age Analysis of Past Due Loans and Leases

The following presents, by class of loans and leases, an aging of past due loans and leases, loans and leases which are current and the recorded investment in loans and leases 90 days or more past due which are accruing interest at September 30, 2017 and December 31, 2016:

(Dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or more Past Due		Total Past Due		Current		Acquired Credit Impaired		Total Loans and Leases Held for Investment		Recorded Investment 90 Days or more Past Due and Accruing Interest
At September 30, 2017
Commercial, financial and agricultural	$	1,537	$	164	$	1,594	$	3,295	$	855,457	$	465	$	859,217	$	—
Real estate—commercial real estate and construction:
Commercial real estate	4,510		164		1,688		6,362		1,509,256		356		1,515,974		164
Construction	861		—		365		1,226		154,847		—		156,073		—
Real estate—residential and home equity:
Residential secured for business purpose	541		265		1,255		2,061		307,375		584		310,020		—
Residential secured for personal purpose	2,428		172		446		3,046		312,643		217		315,906		423
Home equity secured for personal purpose	1,497		36		451		1,984		176,411		—		178,395		282
Loans to individuals	155		154		198		507		26,934		—		27,441		198
Lease financings	1,458		1,318		2,231		5,007		119,131		—		124,138		528
Total	$	12,987	$	2,273	$	8,228	$	23,488	$	3,462,054	$	1,622	$	3,487,164	$	1,595
At December 31, 2016
Commercial, financial and agricultural	$	1,536	$	256	$	1,335	$	3,127	$	819,550	$	589	$	823,266	$	—
Real estate—commercial real estate and construction:
Commercial real estate	1,482		1,560		2,591		5,633		1,363,606		5,710		1,374,949		—
Construction	202		—		—		202		174,642		—		174,844		—
Real estate—residential and home equity:
Residential secured for business purpose	1,390		428		1,539		3,357		289,927		784		294,068		—
Residential secured for personal purpose	3,243		905		879		5,027		285,512		269		290,808		481
Home equity secured for personal purpose	717		142		521		1,380		161,459		—		162,839		171
Loans to individuals	324		95		142		561		29,812		—		30,373		142
Lease financings	1,731		1,418		729		3,878		130,861		—		134,739		193
Total	$	10,625	$	4,804	$	7,736	$	23,165	$	3,255,369	$	7,352	$	3,285,886	$	987

Nonperforming Loans and Leases

The following presents, by class of loans and leases, nonperforming loans and leases at September 30, 2017 and December 31, 2016. Nonperforming loans exclude acquired credit impaired loans from Fox Chase and Valley Green.

	At September 30, 2017								At December 31, 2016
(Dollars in thousands)	Nonaccrual Loans and Leases*		Accruing Troubled Debt Restructured Loans and Lease Modifications		Loans and Leases 90 Days or more Past Due and Accruing Interest		Total Nonperforming Loans and Leases		Nonaccrual Loans and Leases*		Accruing Troubled Debt Restructured Loans and Lease Modifications		Loans and Leases 90 Days or more Past Due and Accruing Interest		Total Nonperforming Loans and Leases
Commercial, financial and agricultural	$	5,143	$	929	$	—	$	6,072	$	5,746	$	967	$	—	$	6,713
Real estate—commercial real estate and construction:
Commercial real estate	4,514		10,279		164		14,957		5,651		1,519		—		7,170
Construction	365		—		—		365		—		—		—		—
Real estate—residential and home equity:
Residential secured for business purpose	3,333		218		—		3,551		4,898		766		—		5,664
Residential secured for personal purpose	530		42		423		995		560		—		481		1,041
Home equity secured for personal purpose	361		—		282		643		525		—		171		696
Loans to individuals	—		—		198		198		—		—		142		142
Lease financings	1,703		—		528		2,231		536		—		193		729
Total	$	15,949	$	11,468	$	1,595	$	29,012	$	17,916	$	3,252	$	987	$	22,155

* Includes nonaccrual troubled debt restructured loans and lease modifications of $1.7 million and $1.8 million at September 30, 2017 and December 31, 2016, respectively.

Accruing troubled debt restructuring loans of $11.5 million includes balances of $9.2 million related to one borrower which were classified as troubled debt restructurings as the related loans were granted amortization period extensions during the second quarter of 2017.

Credit Quality Indicators

The following tables present by class, the recorded investment in loans and leases held for investment by credit quality indicator at September 30, 2017 and December 31, 2016.

The Corporation employs a ten (10) grade risk rating system related to the credit quality of commercial loans and residential real estate loans secured for a business purpose of which the first six categories are pass categories (credits not adversely rated). The following is a description of the internal risk ratings and the likelihood of loss related to each risk rating.

1. Cash Secured—No credit risk

2. Fully Secured—Negligible credit risk

3. Strong—Minimal credit risk

4. Satisfactory—Nominal credit risk

5. Acceptable—Moderate credit risk

6. Pre-Watch—Marginal, but stable credit risk

7. Special Mention—Potential weakness

8. Substandard—Well-defined weakness

9. Doubtful—Collection in-full improbable

10. Loss—Considered uncollectible

Commercial Credit Exposure Credit Risk by Internally Assigned Grades

The following table presents classifications for originated loans:

(Dollars in thousands)	Commercial, Financial and Agricultural		Real Estate— Commercial		Real Estate— Construction		Real Estate— Residential Secured for Business Purpose		Total
At September 30, 2017
Grade:
1. Cash secured/ 2. Fully secured	$	2,314	$	—	$	15,194	$	1,700	$	19,208
3. Strong	13,707		1,921		—		—		15,628
4. Satisfactory	31,732		30,158		—		350		62,240
5. Acceptable	537,421		901,571		74,898		184,904		1,698,794
6. Pre-watch	174,775		203,340		58,266		21,587		457,968
7. Special Mention	1,891		10,499		1,194		299		13,883
8. Substandard	20,929		29,467		365		4,971		55,732
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	782,769	$	1,176,956	$	149,917	$	213,811	$	2,323,453
At December 31, 2016
Grade:
1. Cash secured/ 2. Fully secured	$	272	$	—	$	13,714	$	162	$	14,148
3. Strong	14,980		2,045		—		—		17,025
4. Satisfactory	35,529		38,861		—		367		74,757
5. Acceptable	465,675		676,212		110,650		133,716		1,386,253
6. Pre-watch	113,499		128,646		18,213		12,025		272,383
7. Special Mention	8,820		22,439		314		1,199		32,772
8. Substandard	24,446		41,378		—		4,462		70,286
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	663,221	$	909,581	$	142,891	$	151,931	$	1,867,624

The following table presents classifications for acquired loans:

(Dollars in thousands)	Commercial, Financial and Agricultural		Real Estate— Commercial		Real Estate— Construction		Real Estate— Residential Secured for Business Purpose		Total
At September 30, 2017
Grade:
1. Cash secured/ 2. Fully secured	$	1,115	$	—	$	—	$	—	$	1,115
3. Strong	—		—		—		—		—
4. Satisfactory	132		501		—		—		633
5. Acceptable	62,601		199,298		—		75,749		337,648
6. Pre-watch	7,206		130,897		6,156		17,918		162,177
7. Special Mention	—		1,143		—		—		1,143
8. Substandard	5,394		7,179		—		2,542		15,115
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	76,448	$	339,018	$	6,156	$	96,209	$	517,831
December 31, 2016
Grade:
1. Cash secured/ 2. Fully secured	$	583	$	—	$	—	$	—	$	583
3. Strong	—		—		—		—		—
4. Satisfactory	4,399		1,018		—		—		5,417
5. Acceptable	113,512		282,199		20,565		117,322		533,598
6. Pre-watch	31,697		163,623		11,388		14,405		221,113
7. Special Mention	73		7,705		—		6,245		14,023
8. Substandard	9,781		10,823		—		4,165		24,769
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	160,045	$	465,368	$	31,953	$	142,137	$	799,503

Credit Exposure—Real Estate—Residential Secured for Personal Purpose, Real Estate—Home Equity Secured for Personal Purpose, Loans to individuals, Lease Financing Credit Risk Profile by Payment Activity

The Corporation monitors the credit risk profile by payment activity for the following classifications of loans and leases: residential real estate loans secured for a personal purpose, home equity loans secured for a personal purpose, loans to individuals and lease financings. Nonperforming loans and leases are loans and leases past due 90 days or more, loans and leases on nonaccrual of interest and troubled debt restructured loans and lease modifications. Performing loans and leases are reviewed only if the loan becomes 60 days or more past due. Nonperforming loans and leases are reviewed monthly. Performing loans and leases have a nominal to moderate risk of loss.

The following table presents classifications for originated loans:

(Dollars in thousands)	Real Estate— Residential Secured for Personal Purpose		Real Estate— Home Equity Secured for Personal Purpose		Loans to Individuals		Lease Financings		Total
At September 30, 2017
Performing	$	248,796	$	166,414	$	27,099	$	121,907	$	564,216
Nonperforming	487		396		198		2,231		3,312
Total	$	249,283	$	166,810	$	27,297	$	124,138	$	567,528
At December 31, 2016
Performing	$	210,208	$	147,286	$	29,968	$	134,010	$	521,472
Nonperforming	169		696		142		729		1,736
Total	$	210,377	$	147,982	$	30,110	$	134,739	$	523,208

The following table presents classifications for acquired loans:

(Dollars in thousands)	Real Estate— Residential Secured for Personal Purpose		Real Estate— Home Equity Secured for Personal Purpose		Loans to Individuals		Lease Financings		Total
At September 30, 2017
Performing	$	66,115	$	11,338	$	144	$	—	$	77,597
Nonperforming	508		247		—		—		755
Total	$	66,623	$	11,585	$	144	$	—	$	78,352
At December 31, 2016
Performing	$	79,559	$	14,857	$	263	$	—	$	94,679
Nonperforming	872		—		—		—		872
Total	$	80,431	$	14,857	$	263	$	—	$	95,551

Reserve for Loan and Lease Losses and Recorded Investment in Loans and Leases

The following presents, by portfolio segment, a summary of the activity in the reserve for loan and lease losses for the three and nine months ended September 30, 2017 and 2016:

(Dollars in thousands)	Commercial, Financial and Agricultural			Real Estate— Commercial and Construction			Real Estate— Residential Secured for Business Purpose			Real Estate— Residential and Home Equity Secured for Personal Purpose			Loans to Individuals			Lease Financings			Unallocated			Total
Three Months Ended September 30, 2017
Reserve for loan and lease losses:
Beginning balance	$	8,313		$	8,468		$	1,129		$	974		$	329		$	1,660		$	37		$	20,910
Charge-offs	(290		)	—			(56		)	(83		)	(61		)	(3,097		)	N/A			(3,587		)
Recoveries	325			1			29			68			35			73			N/A			531
(Recovery of provision) provision	(1,732		)	787			204			756			51			2,654			(30		)	2,690
Recovery of provision for acquired credit impaired loans	—			—			(1		)	—			—			—			—			(1		)
Ending balance	$	6,616		$	9,256		$	1,305		$	1,715		$	354		$	1,290		$	7		$	20,543
Three Months Ended September 30, 2016
Reserve for loan and lease losses:
Beginning balance	$	5,788		$	7,549		$	56		$	1,301		$	411		$	1,121		$	927		$	17,153
Charge-offs	(1,753		)	(100		)	(3		)	(34		)	(123		)	(176		)	N/A			(2,189		)
Recoveries	351			83			9			15			28			34			N/A			520
Provision (recovery of provision)	1,300			(388		)	(32		)	268			114			184			(30		)	1,416
Recovery of provision for acquired credit impaired loans	—			—			—			(1		)	—			—			—			(1		)
Ending balance	$	5,686		$	7,144		$	30		$	1,549		$	430		$	1,163		$	897		$	16,899
Nine Months Ended September 30, 2017
Reserve for loan and lease losses:
Beginning balance	$	7,037		$	7,505		$	774		$	993		$	364		$	788		$	38		$	17,499
Charge-offs	(576		)	(30		)	(1,237		)	(177		)	(301		)	(3,681		)	N/A			(6,002		)
Recoveries	722			4			47			89			116			168			N/A			1,146
(Recovery of provision) provision	(567		)	1,777			1,722			808			175			4,015			(31		)	7,899
(Recovery of provision) provision for acquired credit impaired loans	—			—			(1		)	2			—			—			—			1
Ending balance	$	6,616		$	9,256		$	1,305		$	1,715		$	354		$	1,290		$	7		$	20,543
Nine Months Ended September 30, 2016
Reserve for loan and lease losses:
Beginning balance	$	6,418		$	6,572		$	763		$	1,575		$	346		$	1,042		$	912		$	17,628
Charge-offs	(3,580		)	(305		)	(268		)	(90		)	(307		)	(541		)	N/A			(5,091		)
Recoveries	1,316			99			62			66			91			157			N/A			1,791
Provision (recovery of provision)	1,532			600			(527		)	1			300			505			(15		)	2,396
Provision (recovery of provision) for acquired credit impaired loans	—			178			—			(3		)	—			—			—			175
Ending balance	$	5,686		$	7,144		$	30		$	1,549		$	430		$	1,163		$	897		$	16,899

N/A – Not applicable

During the quarter ended September 30, 2017, the Corporation recorded charge-offs of $2.8 million related to $5.0 million of software leases under a vendor referral program. The provision for loan losses related to this program was $1.9 million during the quarter ended September 30, 2017 as the Corporation had an allowance for loan and lease losses reserve of $886 thousand as of June 30, 2017. These leases are personally guaranteed by 29 high net worth individuals. During the first quarter of 2017, the lessees stopped making payments due to disputes with the vendor, and Univest Capital, Inc., a subsidiary of the Corporation, filed legal complaints to pursue collection of all amounts owed. A complaint was subsequently filed against Univest Capital Inc. and certain other defendants on March 28, 2017 by one of the lessees in federal court in Texas seeking, among other things, class action certification and a declaration that the contracts and related guarantees are null and void. On September 25, 2017, Univest Capital, Inc. entered into a Release and Settlement Agreement whereby Univest Capital, Inc. will receive $1.0 million based upon court approval of the Agreement and is eligible to receive up to an additional $1.3 million. Payment of the $1.3 million is subject to the individual guarantor's election of whether or not they will be subject to the Release and Settlement Agreement. It is expected this election process will be completed by March 31, 2018. If a guarantor elects to be subject to the Release and Settlement Agreement, Univest Capital, Inc. will receive a payment of $43 thousand per guarantor. If a guarantor elects not to be subject to the Release and Settlement Agreement, Univest Capital, Inc. has the right to pursue collection of the full amount owed, which ranges from $108 thousand to $228 thousand per guarantor, via the normal collection process. As of September 30, 2017, Univest Capital, Inc. has a receivable totaling $2.3 million related to this matter, of which $1.3 million is recorded as a nonaccruing lease receivable and $1.0 million is included in other assets. The $1.0 million payment under the Release and Settlement Agreement, which is subject to court approval, is currently in escrow and is expected to be received during the fourth quarter of 2017.

The following presents, by portfolio segment, a summary of the balance in the reserve for loan and lease losses disaggregated on the basis of impairment method and the recorded investment in loans and leases disaggregated on the basis of impairment method at September 30, 2017 and 2016:

(Dollars in thousands)	Commercial, Financial and Agricultural		Real Estate— Commercial and Construction		Real Estate— Residential Secured for Business Purpose		Real Estate— Residential and Home Equity Secured for Personal Purpose		Loans to Individuals		Lease Financings		Unallocated		Total
At September 30, 2017
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	$	15	$	40	$	33	$	—	$	—	$	—	N/A		$	88
Ending balance: collectively evaluated for impairment	6,601		9,216		1,272		1,715		354		1,290		7		20,455
Total ending balance	$	6,616	$	9,256	$	1,305	$	1,715	$	354	$	1,290	$	7	$	20,543
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	$	7,883	$	17,274	$	4,471	$	932	$	—	$	1,250			$	31,810
Ending balance: collectively evaluated for impairment	774,886		1,307,585		209,340		415,161		27,297		122,888				2,857,157
Loans measured at fair value	—		2,014		—		—		—		—				2,014
Acquired non-credit impaired loans	75,983		344,818		95,625		77,991		144		—				594,561
Acquired credit impaired loans	465		356		584		217		—		—				1,622
Total ending balance	$	859,217	$	1,672,047	$	310,020	$	494,301	$	27,441	$	124,138			$	3,487,164
At September 30, 2016
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	$	—	$	—	$	5	$	—	$	—	$	—	N/A		$	5
Ending balance: collectively evaluated for impairment	5,686		7,144		25		1,549		430		1,163		897		16,894
Total ending balance	$	5,686	$	7,144	$	30	$	1,549	$	430	$	1,163	$	897	$	16,899
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	$	10,273	$	23,014	$	4,614	$	1,078	$	—	$	—			$	38,979
Ending balance: collectively evaluated for impairment	587,901		950,730		127,096		341,647		30,137		129,885				2,167,396
Loans measured at fair value	—		2,234		—		—		—		—				2,234
Acquired non-credit impaired loans	184,784		525,944		155,348		100,589		512		—				967,177
Acquired credit impaired loans	722		12,451		1,136		266		—		—				14,575
Total ending balance	$	783,680	$	1,514,373	$	288,194	$	443,580	$	30,649	$	129,885			$	3,190,361

N/A – Not applicable

The Corporation records a provision for loan loss for the acquired non-impaired loans only when additional deterioration of the portfolio is identified over the projections utilized in the initial fair value analysis. After the acquisition measurement period, the present value of any decreases in expected cash flows of acquired credit impaired loans will generally result in an impairment charge recorded as a provision for loan loss, resulting in an increase to the allowance.

Impaired Loans

The following presents, by class of loans, the recorded investment and unpaid principal balance of impaired loans, the amounts of the impaired loans for which there is not a reserve for credit losses and the amounts for which there is a reserve for credit losses at September 30, 2017 and December 31, 2016. The impaired loans exclude acquired credit impaired loans.

	At September 30, 2017						At December 31, 2016
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Reserve		Recorded Investment		Unpaid Principal Balance		Related Reserve
Impaired loans with no related reserve recorded:
Commercial, financial and agricultural	$	7,721	$	9,332			$	10,911	$	12,561
Real estate—commercial real estate	15,727		16,616				24,469		25,342
Real estate—construction	365		365				—		—
Real estate—residential secured for business purpose	3,933		5,040				5,704		6,253
Real estate—residential secured for personal purpose	572		628				560		594
Real estate—home equity secured for personal purpose	360		367				525		528
Total impaired loans with no related reserve recorded	$	28,678	$	32,348			$	42,169	$	45,278
Impaired loans with a reserve recorded:
Commercial, financial and agricultural	$	162	$	165	$	15	$	166	$	166	$	19
Real estate—commercial real estate	1,182		1,182		40		597		597		25
Real estate—residential secured for business purpose	538		539		33		983		1,105		191
Total impaired loans with a reserve recorded	$	1,882	$	1,886	$	88	$	1,746	$	1,868	$	235

	At September 30, 2017						At December 31, 2016
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Reserve		Recorded Investment		Unpaid Principal Balance		Related Reserve
Total impaired loans:
Commercial, financial and agricultural	$	7,883	$	9,497	$	15	$	11,077	$	12,727	$	19
Real estate—commercial real estate	16,909		17,798		40		25,066		25,939		25
Real estate—construction	365		365		—		—		—		—
Real estate—residential secured for business purpose	4,471		5,579		33		6,687		7,358		191
Real estate—residential secured for personal purpose	572		628		—		560		594		—
Real estate—home equity secured for personal purpose	360		367		—		525		528		—
Total impaired loans	$	30,560	$	34,234	$	88	$	43,915	$	47,146	$	235

Impaired loans include nonaccrual loans, accruing troubled debt restructured loans and other accruing impaired loans for which it is probable that not all principal and interest payments due will be collectible in accordance with the contractual terms. These loans are individually measured to determine the amount of potential impairment. The loans are reviewed for impairment based on the fair value of the collateral for collateral dependent loans and for certain loans based on discounted cash flows using the loans’ initial effective interest rates. Impaired loans include other accruing impaired loans of $4.8 million and $23.3 million at September 30, 2017 and December 31, 2016, respectively. Specific reserves on other accruing impaired loans were $73 thousand and $84 thousand at September 30, 2017 and December 31, 2016, respectively.

The following presents by class of loans, the average recorded investment in impaired loans and an analysis of interest on impaired loans. A loan may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. Therefore, interest income on accruing impaired loans is recognized using the accrual method. 

	Three Months Ended September 30, 2017						Three Months Ended September 30, 2016
(Dollars in thousands)	Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms		Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms
Commercial, financial and agricultural	$	10,211	$	52	$	92	$	12,880	$	62	$	108
Real estate—commercial real estate	18,583		201		69		25,309		273		58
Real estate—construction	365		—		5		—		—		—
Real estate—residential secured for business purpose	3,579		16		34		3,178		11		34
Real estate—residential secured for personal purpose	635		1		8		447		—		6
Real estate—home equity secured for personal purpose	288		—		5		598		—		7
Total	$	33,661	$	270	$	213	$	42,412	$	346	$	213

* Includes interest income recognized on a cash basis for nonaccrual loans of $0 thousand for the three months ended September 30, 2017 and 2016, and interest income recognized on the accrual method for accruing impaired loans of $270 thousand and $346 thousand for the three months ended September 30, 2017 and 2016, respectively.

	Nine Months Ended September 30, 2017						Nine Months Ended September 30, 2016
(Dollars in thousands)	Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms		Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms
Commercial, financial and agricultural	$	11,030	$	162	$	263	$	13,233	$	204	$	281
Real estate—commercial real estate	21,120		618		223		27,346		859		186
Real estate—construction	219		—		15		—		—		—
Real estate—residential secured for business purpose	4,053		53		139		3,818		47		141
Real estate—residential secured for personal purpose	629		2		31		485		2		15
Real estate—home equity secured for personal purpose	391		—		15		408		—		18
Total	$	37,442	$	835	$	686	$	45,290	$	1,112	$	641

* Includes interest income recognized on a cash basis for nonaccrual loans of $4 thousand and $7 thousand for the nine months ended September 30, 2017 and 2016, respectively, and interest income recognized on the accrual method for accruing impaired loans of $831 thousand and $1.1 million for the nine months ended September 30, 2017 and 2016, respectively.

Impaired Leases

The Corporation had impaired leases of $1.3 million with no related reserves at September 30, 2017. The Corporation had no impaired leases at December 31, 2016. See discussion in Nonperforming Loans and Leases.

Troubled Debt Restructured Loans

The following presents, by class of loans, information regarding accruing and nonaccrual loans that were restructured:

	Three Months Ended September 30, 2017							Three Months Ended September 30, 2016
(Dollars in thousands)	Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Reserve		Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Reserve
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	$	—	$	—	—	$	—	$	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	$	—	$	—	1	$	34	$	34	$	—
Total	—	$	—	$	—	$	—	1	$	34	$	34	$	—

	Nine Months Ended September 30, 2017							Nine Months Ended September 30, 2016
(Dollars in thousands)	Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Allowance		Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Allowance
Accruing Troubled Debt Restructured Loans:
Commercial, financial and agricultural	—	$	—	$	—	$	—	1	$	1,545	$	1,545	$	—
Real estate—commercial real estate	3	9,206		9,206		—		—	—		—		—
Real estate—residential secured for business purpose	—	—		—		—		1	415		415		—
Total	3	$	9,206	$	9,206	$	—	2	$	1,960	$	1,960	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—commercial real estate	1	$	328	$	328	$	—	—	$	—	$	—	$	—
Real estate—residential secured for personal purpose	—	—		—		—		1	34		34		—
Total	1	$	328	$	328	$	—	1	$	34	$	34	$	—

The Corporation grants concessions to existing borrowers primarily related to extensions of interest-only payment periods and an occasional payment modification. These modifications typically are for up to one year. The goal when restructuring a credit is to establish a reasonable period of time to provide cash flow relief to customers experiencing cash flow difficulties. Accruing troubled debt restructured loans are primarily comprised of loans on which interest is being accrued under the restructured terms, and the loans are current or less than ninety days past due.

The following presents, by class of loans, information regarding the types of concessions granted on accruing and nonaccrual loans that were restructured during the three and nine months ended September 30, 2017 and 2016.

	Interest Only Term Extension			Maturity Date Extension			Amortization Period Extension			Total Concessions Granted
(Dollars in thousands)	No. of Loans	Amount		No. of Loans	Amount		No. of Loans	Amount		No. of Loans	Amount
Three Months Ended September 30, 2017
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Three Months Ended September 30, 2016
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	1	$	34	—	$	—	1	$	34
Total	—	$	—	1	$	34	—	$	—	1	$	34
Nine Months Ended September 30, 2017
Accruing Troubled Debt Restructured Loans:
Real estate—commercial real estate	—	$	—	—	$	—	3	$	9,206	3	$	9,206
Total	—	$	—	—	$	—	3	$	9,206	3	$	9,206
Nonaccrual Troubled Debt Restructured Loans:
Real estate—commercial real estate	—	$	—	1	$	328	—	$	—	1	$	328
Total	—	$	—	1	$	328	—	$	—	1	$	328
Nine Months Ended September 30, 2016
Accruing Troubled Debt Restructured Loans:
Commercial, financial and agricultural	—	$	—	—	$	—	1	$	1,545	1	$	1,545
Real estate—residential secured for business purpose	1	415		—	—		—	—		1	415
Total	1	$	415	—	$	—	1	$	1,545	2	$	1,960
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	1	$	34	—	$	—	1	$	34
Total	—	$	—	1	$	34	—	$	—	1	$	34

The following presents, by class of loans, information regarding accruing and nonaccrual troubled debt restructured loans, for which there were payment defaults within twelve months of the restructuring date:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
(Dollars in thousands)	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	1	$	34	—	$	—	1	$	34
Total	—	$	—	1	$	34	—	$	—	1	$	34

The following presents, by class of loans, information regarding consumer mortgages collateralized by residential real estate property that are in the process of foreclosure at September 30, 2017 and December 31, 2016:

(Dollars in thousands)	At September 30, 2017		At December 31, 2016
Real estate-home equity secured for personal purpose	$	—	$	180
Total	$	—	$	180

The Corporation held no foreclosed consumer residential real estate property at September 30, 2017 and December 31, 2016.

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Goodwill and Other Intangible Assets

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

The Corporation has covenants not to compete agreements with certain individuals, core deposit and customer-related intangibles and servicing rights, which are not deemed to have an indefinite life and therefore will continue to be amortized over their useful life using the present value of projected cash flows. The Corporation also has goodwill which is deemed to be an indefinite intangible asset and is not amortized.

Changes in the carrying amount of the Corporation's goodwill by business segment for the nine months ended September 30, 2017 were as follows:

(Dollars in thousands)	Banking		Wealth Management		Insurance		Consolidated
Balance at December 31, 2016	$	138,476	$	15,434	$	18,649	$	172,559
Addition to goodwill from acquisitions	—		—		—		—
Balance at September 30, 2017	$	138,476	$	15,434	$	18,649	$	172,559

The following table reflects the components of intangible assets at the dates indicated:

	At September 30, 2017						At December 31, 2016
(Dollars in thousands)	Gross Carrying Amount		Accumulated Amortization and Fair Value Adjustments		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization and Fair Value Adjustments		Net Carrying Amount
Amortized intangible assets:
Covenants not to compete	$	710	$	495	$	215	$	710	$	205	$	505
Core deposit intangibles	6,788		1,864		4,924		6,788		1,004		5,784
Customer related intangibles	12,381		9,509		2,872		12,381		8,504		3,877
Servicing rights	15,474		8,918		6,556		14,369		7,884		6,485
Total amortized intangible assets	$	35,353	$	20,786	$	14,567	$	34,248	$	17,597	$	16,651

The estimated aggregate amortization expense for covenants not to compete and core deposit and customer related intangibles for the remainder of 2017 and the succeeding fiscal years is as follows:

Year	(Dollars in thousands)	Amount
Remainder of 2017		$	674
2018		2,115
2019		1,565
2020		1,200
2021		923
Thereafter		1,534

The Corporation has originated mortgage servicing rights, which are included in other intangible assets on the consolidated balance sheets. Mortgage servicing rights are amortized in proportion to, and over the period of, estimated net servicing income on a basis similar to the interest method and an accelerated amortization method for loan payoffs. Mortgage servicing rights are subject to impairment testing on a quarterly basis. The aggregate fair value of these rights was $9.5 million at September 30, 2017 and December 31, 2016. The fair value of mortgage servicing rights was determined using a discount rate of 10.0% at September 30, 2017 and December 31, 2016. The Corporation also records servicing rights on small business administration (SBA) loans. The value of these servicing rights was $16 thousand and $0 thousand at September 30, 2017 and December 31, 2016, respectively.

Changes in the servicing rights balance are summarized as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
(Dollars in thousands)	2017			2016			2017			2016
Beginning of period	$	6,548		$	5,896		$	6,485		$	5,877
Servicing rights capitalized	376			652			1,106			1,429
Acquired servicing rights	—			87			—			87
Amortization of servicing rights	(368		)	(468		)	(1,035		)	(1,226		)
Changes in valuation allowance	—			—			—			—
End of period	$	6,556		$	6,167		$	6,556		$	6,167
Residential mortgage and SBA loans serviced for others	$	997,169		$	933,470		$	997,169		$	933,470

There was no activity in the valuation allowance for the three and nine months ended September 30, 2017 and September 30, 2016.

The estimated amortization expense of servicing rights for the remainder of 2017 and the succeeding fiscal years is as follows:

Year	(Dollars in thousands)	Amount
Remainder of 2017		$	989
2018		857
2019		737
2020		632
2021		542
Thereafter		2,799

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Borrowings

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Borrowings

Borrowings

The following is a summary of borrowings by type. Short-term borrowings consist of overnight borrowings and term borrowings with an original maturity of one year or less. The long-term debt balances and weighted average interest rates include purchase accounting fair value adjustments, net of related amortization, from the Fox Chase acquisition.

	At September 30, 2017				At December 31, 2016
(Dollars in thousands)	Balance at End of Period		Weighted Average Interest Rate at End of Period		Balance at End of Period		Weighted Average Interest Rate at End of Period
Short-term borrowings:
FHLB borrowings	$	11,000	1.27	%	$	91,300	0.74	%
Federal funds purchased	—		—		80,000		0.81
Customer repurchase agreements	21,091		0.05		24,871		0.05
Long-term debt:
FHLB advances	$	175,256	1.50	%	$	96,248	0.94	%
Security repurchase agreements	30,912		1.39		31,274		0.91
Subordinated notes	$	94,270	5.35	%	$	94,087	5.36	%

The Corporation, through the Bank, has a credit facility with the Federal Home Loan Bank (FHLB) with a maximum borrowing capacity of approximately $1.4 billion. Advances from the FHLB are collateralized by a blanket floating lien on all first mortgage loans of the Bank, FHLB capital stock owned by the Bank and any funds on deposit with the FHLB. At September 30, 2017 and December 31, 2016, the Bank had outstanding short-term letters of credit with the FHLB totaling $328.8 million and $148.5 million, respectively, which were utilized to collateralize public funds deposits. The maximum borrowing capacity with the FHLB changes as a function of the Bank’s qualifying collateral assets as well as the FHLB’s internal credit rating of the Bank.    

The Corporation, through the Bank, maintains uncommitted federal fund credit lines with several correspondent banks totaling $367.0 million and $302.0 million at September 30, 2017 and December 31, 2016, respectively. Future availability under these lines is subject to the prerogatives of the granting banks and may be withdrawn at will.

The Corporation, through the Bank, holds collateral at the Federal Reserve Bank of Philadelphia in order to access their Discount Window Lending program. The collateral consisting of investment securities was valued at $52.5 million and $55.7 million at September 30, 2017 and December 31, 2016, respectively. At September 30, 2017 and December 31, 2016, the Corporation had no outstanding borrowings under this program.

The Corporation has a $10.0 million line of credit with a correspondent bank. At September 30, 2017, the Corporation had no outstanding borrowings under this line.

Long-term advances with the FHLB of Pittsburgh mature as follows:

(Dollars in thousands)	As of September 30, 2017		Weighted Average Rate
Remainder of 2017	$	50,204	0.93	%
2018	10,052		0.69
2019	10,000		1.35
2020	40,000		1.70
2021	55,000		1.94
Thereafter	10,000		2.09
Total	$	175,256	1.50	%

Long-term debt under security repurchase agreements with large commercial banks mature as follows:

(Dollars in thousands)	As of September 30, 2017		Weighted Average Rate
Remainder of 2017	$	—	—	%
2018	10,244		1.06
2019	10,304		1.55
2020	10,364		1.56
2021	—		—
Thereafter	—		—
Total	$	30,912	1.39	%

Long-term debt under security repurchase agreements totaling $25.8 million are variable based on the one-month LIBOR rate plus a spread. One borrowing for $5.1 million has a fixed interest rate and may be called by the lender based on the underlying agreement.

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Retirement Plans and Other Postretirement Benefits

9 Months Ended

Sep. 30, 2017

Retirement Benefits [Abstract]

Retirement Plans and Other Postretirement Benefits

Retirement Plans and Other Postretirement Benefits

Substantially all employees who were hired before December 8, 2009 are covered by a noncontributory retirement plan. Employees hired on or after December 8, 2009 are not eligible to participate in the noncontributory retirement plan. The Corporation also provides supplemental executive retirement benefits to certain former executives, a portion of which is in excess of limits imposed on qualified plans by federal tax law; these plans are non-qualified benefit plans. These non-qualified benefit plans are not offered to new participants; all current participants are now retired. Information on these plans are aggregated and reported under “Retirement Plans” within this footnote.

The Corporation also provides certain postretirement healthcare and life insurance benefits for retired employees. Information on these benefits is reported under “Other Postretirement Benefits” within this footnote.

The Corporation sponsors a Supplemental Non-Qualified Pension Plan, which was established in 1981 prior to the existence of a 401(k) deferred salary savings plan, employee stock purchase plan and long-term incentive plans and therefore is not offered to new participants; all current participants are now retired.

Components of net periodic benefit cost (income) were as follows:

	Three Months Ended September 30,
	2017			2016			2017		2016
(Dollars in thousands)	Retirement Plans						Other Post Retirement Benefits
Service cost	$	124		$	160		$	12	$	11
Interest cost	487			516			29		23
Expected return on plan assets	(797		)	(731		)	—		—
Amortization of net actuarial loss	309			313			11		17
Accretion of prior service cost	(71		)	(71		)	—		—
Net periodic benefit cost	$	52		$	187		$	52	$	51

	Nine Months Ended September 30,
	2017			2016			2017		2016
(Dollars in thousands)	Retirement Plans						Other Post Retirement Benefits
Service cost	$	399		$	501		$	36	$	34
Interest cost	1,439			1,553			88		89
Expected return on plan assets	(2,298		)	(2,238		)	—		—
Amortization of net actuarial loss	886			958			32		30
Accretion of prior service cost	(212		)	(212		)	—		—
Net periodic benefit cost	$	214		$	562		$	156	$	153

The Corporation made a contribution of $2.0 million to its qualified retirement plan on July 24, 2017. The Corporation previously disclosed in its financial statements for the year ended December 31, 2016 that it expected to make contributions of $160 thousand to its non-qualified retirement plans and $121 thousand to its other postretirement benefit plans in 2017. During the nine months ended September 30, 2017, the Corporation contributed $120 thousand to its non-qualified retirement plans and $86 thousand to its other postretirement plans. During the nine months ended September 30, 2017, $2.0 million was paid to participants from the retirement plans and $86 thousand was paid to participants from the other postretirement plans.

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Stock-Based Incentive Plan

9 Months Ended

Sep. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Incentive Plan

Stock-Based Incentive Plan

The Corporation has a shareholder approved 2013 Long-Term Incentive Plan, which replaced the expired 2003 Long-Term Incentive Plan. Under the 2013 Long-Term Incentive Plan, the Corporation may grant up to 3,355,786 options and restricted stock to employees and non-employee directors, which includes 857,191 shares as a result of the completion of the acquisition of Fox Chase on July 1, 2016 and 473,483 shares as a result of the completion of the acquisition of Valley Green Bank on January 1, 2015.

The following is a summary of the Corporation's stock option activity and related information for the nine months ended September 30, 2017:

(Dollars in thousands, except per share data)	Shares Under Option		Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value at September 30, 2017
Outstanding at December 31, 2016	504,908		$	19.06
Granted	191,297		28.15
Expired	(73,000	)	22.70
Forfeited	(14,500	)	22.85
Exercised	(84,870	)	17.99
Outstanding at September 30, 2017	523,835		21.91		7.6	$	5,287
Exercisable at September30,2017	168,693		17.91		5.7	2,377

The following is a summary of nonvested stock options at September 30, 2017 including changes during the nine months then ended:

(Dollars in thousands, except per share data)	Nonvested Stock Options		Weighted Average Grant Date Fair Value
Nonvested stock options at December 31, 2016	308,940		$	6.15
Granted	191,297		6.72
Vested	(130,595	)	6.06
Forfeited	(14,500	)	6.44
Nonvested stock options at September 30, 2017	355,142		6.47

The following aggregated assumptions were used to estimate the fair value of options granted during the nine months ended September 30, 2017 and 2016:

	Nine months ended September 30,
	2017		2016
	Actual		Range			Weighted Average
Expected option life in years	6.9		7.6	-	8.2	7.9
Risk free interest rate	2.30	%	1.38%	-	1.89%	1.87	%
Expected dividend yield	2.84	%	3.80%	-	4.19%	4.06	%
Expected volatility	29.75	%	37.71%	-	46.22%	45.82	%
Fair value of options	$6.72		$5.40	-	$6.27	$6.23

The following is a summary of nonvested restricted stock awards at September 30, 2017 including changes during the nine months then ended:

(Dollars in thousands, except per share data)	Nonvested Share Awards		Weighted Average Grant Date Fair Value
Nonvested share awards at December 31, 2016	285,158		$	19.74
Granted	61,823		28.08
Vested	(99,955	)	19.76
Forfeited	(16,000	)	19.93
Nonvested share awards at September 30, 2017	231,026		21.95

The fair value of restricted stock is equivalent to the fair value on the date of grant and is amortized over the vesting period. Certain information regarding restricted stock is summarized below for the periods indicated:

	Nine months ended September 30,
(Dollars in thousands, except per share data)	2017		2016
Shares granted	61,823		176,255
Weighted average grant date fair value	$	28.08	$	20.60
Intrinsic value of awards vested	$	2,914	$	971

The total unrecognized compensation expense and the weighted average period over which unrecognized compensation expense is expected to be recognized related to nonvested stock options and nonvested restricted stock awards at September 30, 2017 is presented below:

(Dollars in thousands)	Unrecognized Compensation Cost		Weighted-Average Period Remaining (Years)
Stock options	$	1,532	1.9
Restricted stock awards	2,945		1.6
	$	4,477	1.7

The following table presents information related to the Corporation’s compensation expense related to stock incentive plans recognized for the periods indicated:

	Nine months ended September 30,
(Dollars in thousands)	2017		2016
Stock-based compensation expense:
Stock options	$	678	$	463
Restricted stock awards	1,872		944
Employee stock purchase plan	47		50
Total	$	2,597	$	1,457
Tax benefit on nonqualified stock option expense, restricted stock awards and disqualifying dispositions of incentive stock options	$	1,263	$	407

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Accumulated Other Comprehensive (Loss) Income

9 Months Ended

Sep. 30, 2017

Equity [Abstract]

Accumulated Other Comprehensive (Loss) Income

Accumulated Other Comprehensive (Loss) Income

The following table shows the components of accumulated other comprehensive (loss) income, net of taxes, for the periods presented:

(Dollars in thousands)	Net Unrealized (Losses) Gains on Available-for-Sale Investment Securities			Net Change Related to Derivatives Used for Cash Flow Hedges			Net Change Related to Defined Benefit Pension Plans			Accumulated Other Comprehensive (Loss) Income
Balance, December 31, 2016	$	(4,988	)	$	(141	)	$	(14,325	)	$	(19,454	)
Net Change	2,624			28			459			3,111
Balance, September 30, 2017	$	(2,364	)	$	(113	)	$	(13,866	)	$	(16,343	)
Balance, December 31, 2015	$	(592	)	$	(285	)	$	(15,831	)	$	(16,708	)
Net Change	2,381			(382		)	505			2,504
Balance, September 30, 2016	$	1,789		$	(667	)	$	(15,326	)	$	(14,204	)

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Derivative Instruments and Hedging Activities

9 Months Ended

Sep. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities

Derivative Instruments and Hedging Activities

Interest Rate Swaps

The Corporation may use interest rate swap agreements to modify interest rate characteristics from variable to fixed or fixed to variable in order to reduce the impact of interest rate changes on future net interest income. Recorded amounts related to interest-rate swaps are included in other assets or liabilities. The Corporation’s credit exposure on interest rate swaps includes fair value and any collateral that is held by a third party. Changes in the fair value of derivative instruments designated as hedges of future cash flows are recognized in accumulated other comprehensive income until the underlying forecasted transactions occur, at which time the deferred gains and losses are recognized in earnings. For a qualifying fair value hedge, the gain or loss on the hedging instrument is recognized in earnings, and the change in fair value of the hedge item, to the extent attributable to the hedged risk, adjusts the carrying amount of the hedge item and is recognized in earnings.

In 2014, the Corporation entered into an amortizing interest rate swap classified as a cash flow hedge with a notional amount of $20.0 million to hedge a portion of the debt financing of a pool of 10-year maturity fixed rate loans with balances totaling $29.1 million, at time of the hedge, that were originated in 2013. A brokered money market demand account with a balance exceeding the amortizing interest rate swap balance is being used for the cash flow hedge. Under the terms of the swap agreement, the Corporation pays a fixed rate of 2.10% and receives a floating rate of one-monthLIBOR. The swap matures in November 2022. The Corporation performed an assessment of the hedge for effectiveness at the inception of the hedge and on a recurring basis to determine that the derivative has been and is expected to continue to be highly effective in offsetting changes in cash flows of the hedged item. The Corporation expects that there will be no ineffectiveness over the life of the interest rate swap. At September 30, 2017, approximately $108 thousand in net deferred losses, net of tax, recorded in accumulated other comprehensive loss are expected to be reclassified into earnings during the next twelve months. This amount could differ from amounts actually recognized due to changes in interest rates, hedge de-designations, and the addition of other hedges subsequent to September 30, 2017. At September 30, 2017, the notional amount of the interest rate swap was $18.0 million, with a negative fair value of $174 thousand.

The Corporation has an interest rate swap classified as a fair value hedge with a current notional amount of $1.4 million to hedge a 10-year fixed rate loan that is earning interest at 5.83%. The Corporation pays a fixed rate of 5.83% and receives a floating rate based on the one-month LIBOR plus 350 basis points. The swap matures in October 2021. The difference between changes in the fair values of the interest rate swap agreement and the hedged loan represents hedge ineffectiveness and is recorded in other noninterest income in the consolidated statements of operations.

The Corporation has an interest rate swap with a current notional amount of $549 thousand, for a 15-year fixed rate loan that is earning interest at 7.43%. The Corporation pays a fixed rate of 7.43% and receives a floating rate based on the one-month LIBOR plus 224 basis points. The swap matures in April 2022. The interest rate swap is carried at fair value in accordance with FASB ASC 815 "Derivatives and Hedging." The loan is carried at fair value under the fair value option as permitted by FASB ASC 825 "Financial Instruments."

Credit Derivatives

The Corporation has agreements with third-party financial institutions whereby the third-party financial institution enters into interest rate derivative contracts and foreign currency swap contracts with loan customers referred to them by the Corporation. By the terms of the agreements, the third-party financial institution has recourse to the Corporation for any exposure created under each swap contract in the event the customer defaults on the swap agreement and the agreement is in a paying position to the third-party financial institution. These transactions represent credit derivatives and are a customary arrangement that allows the Corporation to provide access to interest rate and foreign currency swap transactions for customers without creating the swap. The Corporation records the fair value of credit derivatives in other liabilities on the consolidated balance sheets. The Corporation recognizes changes in the fair value of credit derivatives, net of any fees received, in other noninterest income in the consolidated statements of income.

At September 30, 2017, the Corporation has fourteen variable-rate to fixed-rate interest rate swap transactions between the third-party financial institution and customers with a current notional amount of $66.1 million, and remaining maturities ranging from one to 10 years. At September 30, 2017, the fair value of the swaps to the customers was a liability of $132 thousand and all swaps were in paying positions to the third-party financial institution.

At September 30, 2017, there were no material foreign currency swap transactions between the third-party institution and loan customers.

The maximum potential payments by the Corporation to the third-party financial institution under these credit derivatives are not estimable as they are contingent on future interest rates and exchange rates, and the agreement does not provide for a limitation of the maximum potential payment amount.

Mortgage Banking Derivatives

Derivative loan commitments represent agreements for delayed delivery of financial instruments in which the buyer agrees to purchase and the seller agrees to deliver, at a specified future date, a specified instrument at a specified price or yield. The Corporation’s derivative loan commitments are commitments to sell loans secured by 1-to 4-family residential properties whose predominant risk characteristic is interest rate risk. The fair values of these derivative loan commitments are based upon the estimated amount the Corporation would receive or pay to terminate the contracts or agreements, taking into account current interest rates and, when appropriate, the current creditworthiness of the counterparties.

Derivatives Tables

The following table presents the notional amounts and fair values of derivatives designated as hedging instruments recorded on the consolidated balance sheets at September 30, 2017 and December 31, 2016. The Corporation pledges cash or securities to cover the negative fair value of derivative instruments. Cash collateral associated with derivative instruments are not added to or netted against the fair value amounts.

			Derivative Assets			Derivative Liabilities
(Dollars in thousands)	Notional Amount		Balance Sheet Classification	Fair Value		Balance Sheet Classification	Fair Value
At September 30, 2017
Interest rate swap - cash flow hedge	$	18,021		$	—	Other liabilities	$	174
Interest rate swap - fair value hedge	1,398			—		Other liabilities	28
Total	$	19,419		$	—		$	202
At December 31, 2016
Interest rate swap - cash flow hedge	$	18,566		$	—	Other liabilities	$	217
Interest rate swap - fair value hedge	1,427			—		Other liabilities	37
Total	$	19,993		$	—		$	254

The following table presents the notional amounts and fair values of derivatives not designated as hedging instruments recorded on the consolidated balance sheets at September 30, 2017 and December 31, 2016:

			Derivative Assets			Derivative Liabilities
(Dollars in thousands)	Notional Amount		Balance Sheet Classification	Fair Value		Balance Sheet Classification	Fair Value
At September 30, 2017
Interest rate swap	$	549		$	—	Other liabilities	$	47
Credit derivatives	66,140			—		Other liabilities	132
Interest rate locks with customers	37,661		Other assets	1,234			—
Forward loan sale commitments	39,962			—		Other liabilities	1
Total	$	144,312		$	1,234		$	180
At December 31, 2016
Interest rate swap	$	622		$	—	Other liabilities	$	65
Credit derivatives	27,919			—		Other liabilities	9
Interest rate locks with customers	36,541		Other assets	801			—
Forward loan sale commitments	42,366		Other assets	257			—
Total	$	107,448		$	1,058		$	74

The following table presents amounts included in the consolidated statements of income for derivatives designated as hedging instruments for the periods indicated:

	Statement of Income Classification	Three Months Ended   September 30,						Nine Months Ended   September 30,
(Dollars in thousands)		2017			2016			2017			2016
Interest rate swap—cash flow hedge—net interest payments	Interest expense	$	41		$	76		$	148		$	237
Interest rate swap—fair value hedge—ineffectiveness	Other noninterest income	—			—			5			—
Net loss		$	(41	)	$	(76	)	$	(143	)	$	(237	)

The following table presents amounts included in the consolidated statements of income for derivatives not designated as hedging instruments for the periods indicated:

	Statement of Income Classification	Three Months Ended   September 30,						Nine Months Ended   September 30,
(Dollars in thousands)		2017			2016			2017			2016
Credit derivatives	Other noninterest income	$	25		$	21		$	149		$	21
Interest rate locks with customers	Net gain on mortgage banking activities	(129		)	(257		)	433			1,086
Forward loan sale commitments	Net loss on mortgage banking activities	(166		)	439			(258		)	31
Total		$	(270	)	$	203		$	324		$	1,138

The following table presents amounts included in accumulated other comprehensive (loss) income for derivatives designated as hedging instruments at September 30, 2017 and December 31, 2016:

(Dollars in thousands)	Accumulated Other Comprehensive (Loss) Income	At September 30, 2017			At December 31, 2016
Interest rate swap—cash flow hedge	Fair value, net of taxes	$	(113	)	$	(141	)
Total		$	(113	)	$	(141	)

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Fair Value Disclosures

9 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Fair Value Disclosures

Fair Value Disclosures

Fair value is the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date. The Corporation determines the fair value of financial instruments based on the fair value hierarchy. The Corporation maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Corporation. Unobservable inputs are inputs that reflect the Corporation’s assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances, including assumptions about risk. Three levels of inputs are used to measure fair value. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input significant to the fair value measurement. Transfers between levels are recognized at the end of the reporting period.

Level 1: Valuations are based on quoted prices in active markets for identical assets or liabilities that the Corporation can access at the measurement date. Since valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these products does not entail a significant degree of judgment.

Level 2: Valuations are based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.

Level 3: Valuations are based on inputs that are unobservable and significant to the overall fair value measurement. Assets and liabilities utilizing Level 3 inputs include: financial instruments whose value is determined using pricing models, discounted cash-flow methodologies, or similar techniques, as well as instruments for which the fair value calculation requires significant management judgment or estimation.

Following is a description of the valuation methodologies used for instruments measured at fair value on a recurring basis, as well as the general classification of such instruments pursuant to the valuation hierarchy.

Investment Securities

Where quoted prices are available in an active market for identical instruments, investment securities are classified within Level 1 of the valuation hierarchy. Level 1 investment securities include U.S. Treasury securities, most equity securities and money market mutual funds. Mutual funds are registered investment companies which are valued at net asset value of shares on a market exchange at the end of each trading day. Level 2 of the valuation hierarchy includes securities issued by U.S. Government sponsored enterprises, mortgage-backed securities, collateralized mortgage obligations, corporate and municipal bonds and certain equity securities. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. In cases where there is limited activity or less transparency around inputs to the valuation, investment securities are classified within Level 3 of the valuation hierarchy.

Fair values for securities are determined using independent pricing services and market-participating brokers. The Corporation’s independent pricing service utilizes evaluated pricing models that vary by asset class and incorporate available trade, bid and other market information for structured securities, cash flow and, when available, loan performance data. Because many fixed income securities do not trade on a daily basis, the pricing service’s evaluated pricing applications apply information as applicable through processes, such as benchmarking of like securities, sector groupings, and matrix pricing, to prepare evaluations. If at any time, the pricing service determines that it does not have sufficient verifiable information to value a particular security, the Corporation will utilize valuations from another pricing service. Management has a sufficient understanding of the third party service’s valuation models, assumptions and inputs used in determining the fair value of securities to enable management to maintain an appropriate system of internal control.

Certain corporate bonds owned by the Corporation are classified as Level 3 as they are not traded in active markets. The fair value of each bond is estimated by benchmarking similar transactions of structure, yield and credit which are owned by the Corporation and are actively traded in the market.

On a quarterly basis, the Corporation reviews changes, as submitted by the pricing service, in the market value of its security portfolio. Individual changes in valuations are reviewed for consistency with general interest rate movements and any known credit concerns for specific securities. If, upon the Corporation’s review or in comparing with another service, a material difference between pricing evaluations were to exist, the Corporation may submit an inquiry to the current pricing service regarding the data used to determine the valuation of a particular security. If the Corporation determines there is market information that would support a different valuation than from the current pricing service’s evaluation, the Corporation may utilize and change the security's valuation. There were no material differences in valuations noted at September 30, 2017.

Derivative Financial Instruments

The fair values of derivative financial instruments are based upon the estimated amount the Corporation would receive or pay to terminate the contracts or agreements, taking into account current interest rates and, when appropriate, the current creditworthiness of the counterparties. Interest rate swaps and mortgage banking derivative financial instruments are classified within Level 2 of the valuation hierarchy. Credit derivatives are valued based on credit worthiness of the underlying borrower which is a significant unobservable input and therefore classified in Level 3 of the valuation hierarchy.

Two commercial loans, associated with interest rate swaps are classified in Level 3 of the valuation hierarchy since lending credit risk is not an observable input for these loans. The unrealized gain on the two loans was $75 thousand at September 30, 2017.

Contingent Consideration Liability

The Corporation estimates the fair value of the contingent consideration liability by using a discounted cash flow model of future contingent payments based on projected revenue related to the acquired business. The estimated fair value of the contingent consideration liability is reviewed on a quarterly basis and any valuation adjustments resulting from a change of estimated future contingent payments based on projected revenue of the acquired business affecting the contingent consideration liability will be recorded through noninterest expense. Changes in the original assumptions utilized at the time the acquisition closes and identified during the measurement period are recorded in accordance with ASC Topic 805 as an adjustment to goodwill. Due to the significant unobservable input related to the projected revenue, the contingent consideration liability is classified within Level 3 of the valuation hierarchy. An increase in the projected revenue may result in a higher fair value of the contingent consideration liability. Alternatively, a decrease in the projected revenue may result in a lower estimated fair value of the contingent consideration liability.

For the Sterner Insurance Associates acquisition, the conclusion for the earn-out period ending June 30, 2017 resulted in a reversal of a prior noninterest expense accrual of $301 thousand primarily during the second quarter of 2017.

The following table presents the assets and liabilities measured at fair value on a recurring basis at September 30, 2017 and December 31, 2016, classified using the fair value hierarchy:

	At September 30, 2017
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets/ Liabilities at Fair Value
Assets:
Available-for-sale securities:
U.S. government corporations and agencies	$	—	$	17,090	$	—	$	17,090
State and political subdivisions	—		80,725		—		80,725
Residential mortgage-backed securities	—		174,570		—		174,570
Collateralized mortgage obligations	—		3,842		—		3,842
Corporate bonds	—		85,884		28,545		114,429
Money market mutual funds	6,624		—		—		6,624
Equity securities	1,000		—		—		1,000
Total available-for-sale securities	7,624		362,111		28,545		398,280
Loans*	—		—		2,014		2,014
Interest rate locks with customers*	—		1,234		—		1,234
Total assets	$	7,624	$	363,345	$	30,559	$	401,528
Liabilities:
Contingent consideration liability	$	—	$	—	$	359	$	359
Interest rate swaps*	—		249		—		249
Credit derivatives*	—		—		132		132
Forward loan sale commitments*	—		1		—		1
Total liabilities	$	—	$	250	$	491	$	741

	At December 31, 2016
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets/ Liabilities at Fair Value
Assets:
Available-for-sale securities:
U.S. government corporations and agencies	$	—	$	32,266	$	—	$	32,266
State and political subdivisions	—		88,350		—		88,350
Residential mortgage-backed securities	—		198,570		—		198,570
Collateralized mortgage obligations	—		4,554		—		4,554
Corporate bonds	—		79,420		28,778		108,198
Money market mutual funds	10,784		—		—		10,784
Equity securities	915		—		—		915
Total available-for-sale securities	11,699		403,160		28,778		443,637
Loans*	—		—		2,138		2,138
Interest rate locks with customers*	—		801		—		801
Forward loan sale commitments*	—		257		—		257
Total assets	$	11,699	$	404,218	$	30,916	$	446,833
Liabilities:
Contingent consideration liability	$	—	$	—	$	5,999	$	5,999
Interest rate swaps*	—		319		—		319
Credit derivatives*	—		—		9		9
Total liabilities	$	—	$	319	$	6,008	$	6,327

* Such financial instruments are recorded at fair value as further described in Note 10 - Derivative Instruments.

The following table includes a rollforward of corporate bonds, loans and credit derivatives for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the nine months ended September 30, 2017 and 2016:

	Nine Months Ended September 30, 2017
(Dollars in thousands)	Balance at December 31, 2016			Purchases/additions			Sales		Payments received			Premium amortization, net		(Decrease) increase in value			Balance at September 30, 2017
Corporate bonds	$	28,778		$	—		$	—	$	—		$	—	$	(233	)	$	28,545
Loans	2,138			—			—		(102		)	—		(22		)	2,014
Credit derivatives	(9		)	(272		)	—		—			—		149			(132		)
Net total	$	30,907		$	(272	)	$	—	$	(102	)	$	—	$	(106	)	$	30,427

	Nine Months Ended September 30, 2016
(Dollars in thousands)	Balance at December 31, 2015		Purchases/additions			Sales		Payments received			Premium amortization, net		(Decrease) increase in value			Balance at September 30, 2016
Loans	$	—	$	2,313		$	—	$	(32	)	$	—	$	(47	)	$	2,234
Credit derivatives	—		(20		)	—		—			—		4			(16		)
Net total	$	—	$	2,293		$	—	$	(32	)	$	—	$	(43	)	$	2,218

The following table presents the change in the balance of the contingent consideration liability related to acquisitions for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the nine months ended September 30, 2017 and 2016:

	Nine Months Ended September 30, 2017
(Dollars in thousands)	Balance at December 31, 2016		Contingent Consideration from New Acquisition		Payment of Contingent Consideration		Adjustment of Contingent Consideration			Balance at September 30, 2017
Sterner Insurance Associates	$	331	$	—	$	30	$	(301	)	$	—
Girard Partners	5,668		—		5,350		41			359
Total contingent consideration liability	$	5,999	$	—	$	5,380	$	(260	)	$	359

	Nine Months Ended September 30, 2016
(Dollars in thousands)	Balance at December 31, 2015		Contingent Consideration from New Acquisition		Payment of Contingent Consideration		Adjustment of Contingent Consideration		Balance at September 30, 2016
Sterner Insurance Associates	$	1,144	$	—	$	1,325	$	501	$	320
Girard Partners	4,241		$	—	934		284		3,591
John T. Fretz Insurance Agency	192		—		260		68		—
Total contingent consideration liability	$	5,577	$	—	$	2,519	$	853	$	3,911

The Corporation may be required to periodically measure certain assets and liabilities at fair value on a non-recurring basis in accordance with GAAP. These adjustments to fair value usually result from the application of lower of cost or market accounting or impairment charges of individual assets. The following table represents assets measured at fair value on a non-recurring basis at September 30, 2017 and December 31, 2016:

	At September 30, 2017
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets at Fair Value
Impaired loans held for investment	$	—	$	—	$	30,472	$	30,472
Impaired leases held for investment	—		—		1,250		1,250
Other real estate owned	—		—		1,763		1,763
Total	$	—	$	—	$	33,485	$	33,485

	At December 31, 2016
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets at Fair Value
Impaired loans held for investment	$	—	$	—	$	43,680	$	43,680
Other real estate owned	—		—		4,969		4,969
Total	$	—	$	—	$	48,649	$	48,649

The following table presents assets and liabilities and off-balance sheet items not measured at fair value on a recurring or non-recurring basis in the Corporation’s consolidated balance sheets but for which the fair value is required to be disclosed at September 30, 2017 and December 31, 2016. The disclosed fair values are classified using the fair value hierarchy.

	At September 30, 2017
(Dollars in thousands)	Level 1		Level 2			Level 3		Fair Value			Carrying Amount
Assets:
Cash and short-term interest-earning assets	$	79,490	$	—		$	—	$	79,490		$	79,490
Held-to-maturity securities	—		45,633			—		45,633			45,542
Federal Home Loan Bank, Federal Reserve Bank and other stock	NA		NA			NA		NA			27,244
Loans held for sale	—		2,265			—		2,265			2,228
Net loans and leases held for investment	—		—			3,405,465		3,405,465			3,432,885
Servicing rights	—		—			9,562		9,562			6,556
Total assets	$	79,490	$	47,898		$	3,415,027	$	3,542,415		$	3,593,945
Liabilities:
Deposits:
Demand and savings deposits, non-maturity	$	2,947,430	$	—		$	—	$	2,947,430		$	2,947,430
Time deposits	—		570,749			—		570,749			571,160
Total deposits	2,947,430		570,749			—		3,518,179			3,518,590
Short-term borrowings	—		32,091			—		32,091			32,091
Long-term debt	—		207,770			—		207,770			206,168
Subordinated notes	—		97,963			—		97,963			94,270
Total liabilities	$	2,947,430	$	908,573		$	—	$	3,856,003		$	3,851,119
Off-Balance-Sheet:
Commitments to extend credit	$	—	$	(2,363	)	$	—	$	(2,363	)	$	—

	At December 31, 2016
(Dollars in thousands)	Level 1		Level 2			Level 3		Fair Value			Carrying Amount
Assets:
Cash and short-term interest-earning assets	$	57,825	$	—		$	—	$	57,825		$	57,825
Held-to-maturity securities	—		24,871			—		24,871			24,881
Federal Home Loan Bank, Federal Reserve Bank and other stock	NA		NA			NA		NA			24,869
Loans held for sale	—		5,943			—		5,943			5,890
Net loans and leases held for investment	—		—			3,193,886		3,193,886			3,222,569
Servicing rights	—		—			9,548		9,548			6,485
Total assets	$	57,825	$	30,814		$	3,203,434	$	3,292,073		$	3,342,519
Liabilities:
Deposits:
Demand and savings deposits, non-maturity	$	2,631,378	$	—		$	—	$	2,631,378		$	2,631,378
Time deposits	—		628,096			—		628,096			626,189
Total deposits	2,631,378		628,096			—		3,259,474			3,257,567
Short-term borrowings	—		195,572			—		195,572			196,171
Long-term debt	—		130,157			—		130,157			127,522
Subordinated notes	—		95,188			—		95,188			94,087
Total liabilities	$	2,631,378	$	1,049,013		$	—	$	3,680,391		$	3,675,347
Off-Balance-Sheet:
Commitments to extend credit	$	—	$	(2,218	)	$	—	$	(2,218	)	$	—

The following valuation methods and assumptions were used by the Corporation in estimating the fair value for financial instruments measured at fair value on a non-recurring basis and financial instruments not measured at fair value on a recurring or non-recurring basis in the Corporation’s consolidated balance sheets but for which the fair value is required to be disclosed:

Cash and short-term interest-earning assets: The carrying amounts reported in the balance sheet for cash and due from banks, interest-earning deposits with other banks, federal funds sold and other short-term investments is their stated value. Cash and short-term interest-earning assets are classified within Level 1 in the fair value hierarchy.

Held-to-maturity securities: Fair values for the held-to-maturity investment securities are estimated by using pricing models or quoted prices of securities with similar characteristics and are classified in Level 2 in the fair value hierarchy.

Federal Home Loan Bank, Federal Reserve Bank and other stock: It is not practical to determine the fair values of Federal Home Loan Bank, Federal Reserve Bank and other stock, due to restrictions placed on their transferability.

Loans held for sale: The fair value of the Corporation’s mortgage loans held for sale are generally determined using a pricing model based on current market information obtained from external sources, including interest rates, bids or indications provided by market participants on specific loans that are actively marketed for sale. These loans are primarily residential mortgage loans and are generally classified in Level 2 due to the observable pricing data. Loans held for sale are carried at the lower of cost or estimated fair value. There were no valuation adjustments for loans held for sale at September 30, 2017 and December 31, 2016.

Loans and leases held for investment: The fair values for loans and leases held for investment are estimated using discounted cash flow analyses, using a discount rate based on current interest rates at which similar loans with similar terms would be made to borrowers and include components for credit risk, operating expense and embedded prepayment options. An overall valuation adjustment is made for specific credit risks in addition to general portfolio risk and is significant to the valuation. As permitted, the fair value of the loans and leases are not based on the exit price concept as discussed in the first paragraph of this note. Loans and leases are classified within Level 3 in the fair value hierarchy.

Impaired loans and leases held for investment: For impaired loans and leases, the Corporation uses a variety of techniques to measure fair value, such as using the current appraised value of the collateral, agreements of sale, discounting the contractual cash flows, and analyzing market data that the Corporation may adjust due to specific characteristics of the loan/lease or collateral. At September 30, 2017, impaired loans held for investment had a carrying amount of $30.6 million with a valuation allowance of $88 thousand. At December 31, 2016, impaired loans held for investment had a carrying amount of $43.9 million with a valuation allowance of $235 thousand. The Corporation had impaired leases of $1.3 million with no reserve at September 30, 2017. The Corporation had no impaired leases at December 31, 2016.

Servicing rights: The Corporation estimates the fair value of mortgage servicing rights using discounted cash flow models that calculate the present value of estimated future net servicing income. The model uses readily available prepayment speed assumptions for the interest rates of the portfolios serviced. Mortgage servicing rights are classified within Level 3 in the fair value hierarchy based upon management's assessment of the inputs. The Corporation reviews the mortgage servicing rights portfolio on a quarterly basis for impairment and the mortgage servicing rights are carried at the lower of amortized cost or estimated fair value. The Corporation also records servicing rights on SBA loans. At September 30, 2017 and December 31, 2016, servicing rights had a carrying amount of $6.6 million with no valuation allowance.

Goodwill and other identifiable assets: Certain non-financial assets subject to measurement at fair value on a non-recurring basis include goodwill and other identifiable intangible assets. During the nine months ended September 30, 2017, there were no triggering events that required valuation of goodwill and other identifiable intangible assets.

Other real estate owned: The fair value of other real estate owned (OREO) is originally estimated based upon the appraised value less estimated costs to sell. The fair value less cost to sell becomes the "original cost" of the OREO asset. Subsequently, OREO is reported as the lower of the original cost and the current the fair value less cost to sell. Capital improvement expenses associated with the construction or repair of the property are capitalized as part of the cost of the OREO asset; however, the capitalized expenses may not increase the OREO asset's recorded value to an amount greater than the asset's fair value after improvements and less cost to sell. During 2017, two properties had write-downs totaling $199 thousand and seven properties were sold at a net gain of $383 thousand which were both included in other noninterest income in the statement of income. New appraisals are generally obtained on an annual basis if an agreement of sale does not exist. Other real estate owned is classified within Level 3 of the valuation hierarchy due to the unique characteristics of the collateral for each loan.

Deposit liabilities: The fair values for demand and savings accounts, with no stated maturities, is the amount payable on demand at the reporting date (carrying value) and are classified within Level 1 in the fair value hierarchy. The fair values for time deposits with fixed maturities are estimated by discounting the final maturity using interest rates currently offered for deposits with similar remaining maturities. Time deposits are classified within Level 2 in the fair value hierarchy.

Short-term borrowings: The fair value of short-term borrowings are estimated using current market rates for similar borrowings and are classified within Level 2 in the fair value hierarchy.

Long-term debt: The fair value of long-term debt is estimated by using discounted cash flow analysis, based on current market rates for debt with similar terms and remaining maturities. Long-term debt is classified within Level 2 in the fair value hierarchy.

Subordinated notes: The fair value of the subordinated notes are estimated by discounting the principal balance using the treasury yield curve for the term to the call date as the Corporation has the option to call the subordinated notes. The subordinated notes are classified within Level 2 in the fair value hierarchy.

Off-balance-sheet instruments: Fair values for the Corporation’s off-balance-sheet instruments are based on the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing and are classified within Level 2 in the fair value hierarchy.

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Segment Reporting

9 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

At September 30, 2017, the Corporation has three reportable business segments: Banking, Wealth Management and Insurance. The Corporation determines the segments based primarily upon product and service offerings, through the types of income generated and the regulatory environment. This is strategically how the Corporation operates and has positioned itself in the marketplace. Accordingly, significant operating decisions are based upon analysis of each of these segments. The parent holding company and intercompany eliminations are included in the "Other" segment.

The Corporation's Banking segment consists of commercial, consumer and mortgage banking as well as lease financing. The Wealth Management segment consists of investment advisory services, retirement plan services, trust, municipal pension services and broker/dealer services. The Insurance segment consists of commercial lines, personal lines, benefits and human resources consulting.

Each segment generates revenue from a variety of products and services it provides. Examples of products and services provided for each reportable segment are indicated below.

Ÿ	The Banking segment provides financial services to consumers, businesses and governmental units. These services include a full range of banking services such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing.
Ÿ	The Wealth Management segment offers trust and investment advisory services, guardian and custodian of employee benefits and other trust and brokerage services, as well as a registered investment advisory managing private investment accounts for both individuals and institutions.
Ÿ	The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, group life and health coverage, employee benefit solutions, personal insurance lines and human resources consulting.

The following table provides total assets by reportable business segment as of the dates indicated.

(Dollars in thousands)	At September 30, 2017		At December 31, 2016		At September 30, 2016
Banking	$	4,327,920	$	4,137,873	$	4,045,419
Wealth Management	34,903		35,061		32,721
Insurance	25,139		24,472		23,830
Other	29,401		33,122		38,474
Consolidated assets	$	4,417,363	$	4,230,528	$	4,140,444

The following tables provide reportable segment-specific information and reconciliations to consolidated financial information for the three and nine months ended September 30, 2017 and 2016.

	Three Months Ended
	September 30, 2017
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	42,161		$	4	$	—	$	7		$	42,172
Interest expense	5,285			—		—		—			5,285
Net interest income	36,876			4		—		7			36,887
Provision for loan and lease losses	2,689			—		—		—			2,689
Noninterest income	4,993			5,428		3,620		68			14,109
Intangible expenses	357			168		165		—			690
Other noninterest expense	24,479			3,472		2,803		1,251			32,005
Intersegment (revenue) expense*	(611		)	261		350		—			—
Income (expense) before income taxes	14,955			1,531		302		(1,176		)	15,612
Income tax expense (benefit)	4,166			611		128		(489		)	4,416
Net income (loss)	$	10,789		$	920	$	174	$	(687	)	$	11,196
Capital expenditures	$	582		$	5	$	3	$	178		$	768

	Three Months Ended
	September 30, 2016
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	36,697		$	1	$	—	$	7		$	36,705
Interest expense	3,836			—		—		—			3,836
Net interest income	32,861			1		—		7			32,869
Provision for loan and lease losses	1,415			—		—		—			1,415
Noninterest income	5,802			4,902		3,396		37			14,137
Intangible expenses	403			231		220		—			854
Acquisition-related and integration costs and restructuring charges	14,156			—		—		(92		)	14,064
Other noninterest expense	23,580			3,437		2,906		2,225			32,148
Intersegment (revenue) expense*	(292		)	133		159		—			—
(Expense) income before income taxes	(599		)	1,102		111		(2,089		)	(1,475		)
Income tax (benefit) expense	(1,375		)	413		61		(632		)	(1,533		)
Net income (loss)	$	776		$	689	$	50	$	(1,457	)	$	58
Capital expenditures	$	2,814		$	5	$	9	$	672		$	3,500

	Nine Months Ended
	September 30, 2017
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	120,575		$	6	$	—	$	17		$	120,598
Interest expense	14,128			—		—		—			14,128
Net interest income	106,447			6		—		17			106,470
Provision for loan and lease losses	7,900			—		—		—			7,900
Noninterest income	16,945			15,965		11,913		265			45,088
Intangible expenses	1,151			506		238		—			1,895
Other noninterest expense	71,173			10,404		8,718		5,083			95,378
Intersegment (revenue) expense*	(1,669		)	693		976		—			—
Income (expense) before income taxes	44,837			4,368		1,981		(4,801		)	46,385
Income tax expense (benefit)	12,086			1,738		837		(2,106		)	12,555
Net income (loss)	$	32,751		$	2,630	$	1,144	$	(2,695	)	$	33,830
Capital expenditures	$	6,921		$	27	$	202	$	262		$	7,412

	Nine Months Ended
	September 30, 2016
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	88,526		$	4	$	—	$	21		$	88,551
Interest expense	8,210			—		—		288			8,498
Net interest income	80,316			4		—		(267		)	80,053
Provision for loan and lease losses	2,571			—		—		—			2,571
Noninterest income	15,842			14,286		11,736		105			41,969
Intangible expenses	527			838		1,246		—			2,611
Acquisition-related and integration costs and restructuring charges	14,204			—		—		1,265			15,469
Other noninterest expense	62,016			9,742		8,962		4,751			85,471
Intersegment (revenue) expense*	(1,282		)	563		719		—			—
Income (expense) before income taxes	18,122			3,147		809		(6,178		)	15,900
Income tax expense (benefit)	3,273			1,191		357		(1,508		)	3,313
Net income (loss)	$	14,849		$	1,956	$	452	$	(4,670	)	$	12,587
Capital expenditures	$	6,134		$	29	$	30	$	1,501		$	7,694

*Includes an allocation of general and administrative expenses from both the parent holding company and the Bank. These expenses are generally allocated based upon number of employees and square footage utilized.

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Restructuring Charges

9 Months Ended

Sep. 30, 2017

Restructuring and Related Activities [Abstract]

Restructuring Charges

Restructuring Charges

During 2015 and 2016, the Corporation exited five financial centers, a lease for a new financial center and two administrative offices, and reduced staff due to rationalization; resulting in accrued expenses totaling $3.4 million, primarily related to the Banking business segment.

A roll-forward of the remaining accrued restructuring expense for the nine months ended September 30, 2017 is as follows:

(Dollars in thousands)	Severance expenses			Write-downs and retirements of fixed assets			Lease cancellations			Total
Accrued at January 1, 2017	$	901		$	228		$	81		$	1,210
Payments	(832		)	—			(51		)	(883		)
Non-cash settlement	—			(228		)	—			(228		)
Accrued at September 30, 2017	$	69		$	—		$	30		$	99

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Contingencies

9 Months Ended

Sep. 30, 2017

Commitments and Contingencies Disclosure [Abstract]

Contingencies Disclosure

Contingencies

The Corporation is periodically subject to various pending and threatened legal actions, which involve claims for monetary relief. Based upon information presently available to the Corporation, it is the Corporation's opinion that any legal and financial responsibility arising from such claims will not have a material adverse effect on the Corporation's results of operations, financial position or cash flows.

As discussed in Note 4, during the first quarter of 2017, certain lessees stopped making payments and Univest Capital, Inc., a subsidiary of the Corporation, filed legal complaints to pursue collection of all amounts owed. A complaint was subsequently filed against Univest Capital, Inc. and certain other defendants on March 28, 2017 by one of the lessees in federal court in Texas seeking, among other things, class action certification and a declaration that the contracts and related guarantees are null and void. On September 25, 2017, Univest Capital, Inc. entered into a Release and Settlement Agreement whereby Univest Capital, Inc. will receive $1.0 million based upon court approval of the Agreement and is eligible to receive up to an additional $1.3 million. Payment of the $1.3 million is subject to the individual guarantor's election of whether or not they will be subject to the Release and Settlement Agreement. It is expected this election process will be completed by March 31, 2018. If a guarantor elects to be subject to the Release and Settlement Agreement, Univest Capital, Inc. will receive a payment of $43 thousand per guarantor. If a guarantor elects not to be subject to the Release and Settlement Agreement, Univest Capital, Inc. has the right to pursue collection of the full amount owed, which ranges from $108 thousand to $228 thousand per guarantor, via the normal collection process. As of September 30, 2017, Univest Capital, Inc. has a receivable totaling $2.3 million related to this matter, of which $1.3 million is recorded as a nonaccruing lease receivable and $1.0 million is included in other assets. The $1.0 million payment under the Release and Settlement Agreement, which is subject to court approval, is currently in escrow and is expected to be received during the fourth quarter of 2017.

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Summary of Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2017

Accounting Policies [Abstract]

Principles of Consolidation and Basis of Presentation

Principles of Consolidation and Basis of Presentation

The accompanying unaudited consolidated financial statements include the accounts of Univest Corporation of Pennsylvania (the Corporation or Univest) and its wholly owned subsidiaries. The Corporation’s direct subsidiary is Univest Bank and Trust Co. (the Bank). All significant intercompany balances and transactions have been eliminated in consolidation. The unaudited interim consolidated financial statements included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) have been condensed or omitted pursuant to such rules and regulations for interim financial information. The accompanying unaudited consolidated financial statements reflect all adjustments which are of a normal recurring nature and are, in the opinion of management, necessary for a fair presentation of the financial statements for the interim periods presented. Certain prior period amounts have been reclassified to conform to the current-year presentation. Operating results for the three and nine-month periods ended September 30, 2017 are not necessarily indicative of the results that may be expected for the year ended December 31, 2017 or for any other period. It is suggested that these unaudited consolidated financial statements be read in conjunction with the audited financial statements and the notes thereto included in the registrant’s Annual Report on Form 10-K for the year ended December 31, 2016, which was filed with the SEC on March 3, 2017.

Use of Estimates

Use of Estimates

The preparation of the unaudited consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes include fair value measurement of investment securities available-for-sale and assessment for impairment of certain investment securities, reserve for loan and lease losses, purchase accounting, valuation of goodwill and other intangible assets, servicing rights, deferred tax assets and liabilities, benefit plans and stock-based compensation.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

In August 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2017-12, “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities." The amendments in this update expand and refine hedge accounting for both non-financial and financial risk components and aligns the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. Additional hedging strategies permitted for hedge accounting include: hedges of contractually-specified price components of commodity purchases or sales, hedges of the benchmark rate component of the contractual coupon cash flows of fixed-rate assets or liabilities, hedges of the portion of a closed portfolio of prepayable assets not expected to prepay, and partial-term hedges of fixed-rate assets or liabilities. The ASU amends the presentation and disclosure requirements and changes how entities assess effectiveness. The ASU eliminates the requirement to separately measure and report hedge ineffectiveness and requires all items that affect earnings be presented in the same income statement line as the hedged items. After initial qualification, the new guidance permits a qualitative effectiveness assessment for certain hedges instead of a quantitative test, such as a regression analysis, if the entity can reasonably support an expectation of high effectiveness throughout the term of the hedge. An initial quantitative test to establish that the hedge relationship is highly effective is still required. The ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years for public business entities, or January 1, 2019 for the Corporation. Early adoption is permitted, including an interim period. The amended presentation and disclosure guidance is required only prospectively. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In May 2017, the FASB issued ASU No. 2017-09, “Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting." This ASU provides clarification on when modification accounting should be used for changes to the terms or conditions of a share-based payment award. The ASU does not change the accounting for modifications but clarifies that modification accounting guidance should only be applied if there is a change to the value, vesting conditions, or award classification. This ASU is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years, or January 1, 2018 for the Corporation. Early adoption is permitted, including an interim period. The amendments in this ASU should be applied prospectively to an award modified on or after the adoption. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In March 2017, the FASB issued ASU No. 2017-08, “Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities.” This ASU shortens the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. The guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, or January 1, 2019 for the Corporation. Early adoption is permitted, including an interim period. This ASU is to be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption.The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In March 2017, the FASB issued ASU No. 2017-07, "Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." The amendments in this ASU require that an employer that sponsors defined benefit pension plans and other postretirement plans present the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. Other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. The amendments also allow only the service cost component to be eligible for capitalization, when applicable. This ASU is effective for public business entities for annual periods beginning after December 15, 2017, including interim periods within those annual periods, or January 1, 2018 for the Corporation. This ASU should be applied retrospectively for the presentation requirements and prospectively for the capitalization of the service cost component requirements. The amendments allow a practical expedient that permits an employer to use the amounts disclosed in its pension and other postretirement benefit plan note for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. Disclosure that the practical expedient was used is required. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In January 2017, the FASB issued ASU No. 2017-04, "Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment." This ASU eliminates Step 2 of the goodwill impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. Under the new guidance, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. Public business entities that are SEC filers should adopt the amendments in this ASU for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019, or for the Corporation's goodwill impairment test in 2020. Early adoption is permitted for goodwill impairment tests with measurement dates after January 1, 2017. The Corporation does not expect the adoption of this ASU will have a material impact on the Corporation's financial statements.

In January 2017, the FASB issued ASU No. 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business." The amendments in this ASU clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Under the current implementation guidance in Topic 805, there are three elements of a business – inputs, processes, and outputs. While an integrated set of assets and activities (collectively referred to as a “set”) that is a business usually has outputs, outputs are not required to be present. In addition, all the inputs and processes that a seller uses in operating a set are not required if market participants can acquire the set and continue to produce outputs. The amendments in this ASU provide a screen to determine when a set is not a business. If the screen is not met, the amendments (1) require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output, and (2) remove the evaluation of whether a market participant could replace missing elements. The ASU provides a framework to assist entities in evaluating whether both an input and a substantive process are present. The amendments in this ASU are effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods, or January 1, 2018 for the Corporation. The amendments in this ASU should be applied prospectively on or after the effective date. The Corporation does not anticipate the adoption of this ASU will have a material impact on the Corporation's financial statements.

In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This ASU requires businesses and other organizations to measure the current expected credit losses (CECL) on financial assets, such as loans, net investments in leases, certain debt securities, bond insurance and other receivables. The amendments affect entities holding financial assets and net investments in leases that are not accounted for at fair value through net income. Current GAAP requires an incurred loss methodology for recognizing credit losses that delays recognition until it is probable a loss has been incurred. The amendments in this ASU replace the incurred loss impairment methodology with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonableness and supportable information to inform credit loss estimates. An entity should apply the amendments through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (modified-retrospective approach). Acquired credit impaired loans for which the guidance in Accounting Standards Codification (ASC) Topic 310-30 has been previously applied should prospectively apply the guidance in this ASU. A prospective transition approach is required for debt securities for which an other-than-temporary impairment has been recognized before the effective date. The ASU is effective for fiscal years beginning after December 15, 2019, and interim periods within those years for public business entities that are SEC filers, or January 1, 2020 for the Corporation. The Corporation is in the process of evaluating the impact of the adoption of this guidance on the Corporation's financial statements; however, it is anticipated that the allowance will increase upon adoption of CECL and that the increased allowance level will decrease shareholders' equity and regulatory capital and ratios.

In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)" to revise the accounting related to lessee accounting. Under the new guidance, lessees will be required to recognize a lease liability and a right-of-use asset for all leases. Disclosures will be required by lessees and lessors to meet the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. Lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that entities may elect to apply. These practical expedients relate to the identification and classification of leases that commenced before the effective date, initial direct costs for leases that commenced before the effective date, and the ability to use hindsight in evaluating lessee options to extend or terminate a lease or to purchase the underlying asset. An entity that elects to apply the practical expedients will, in effect, continue to account for leases that commence before the effective date in accordance with previous GAAP unless the lease is modified, except that lessees are required to recognize a right-of-use asset and a lease liability for all operating leases at each reporting date based on the present value of the remaining minimum rental payments that were tracked and disclosed under previous GAAP. The ASU is effective for the first interim period within annual periods beginning after December 15, 2018, or January 1, 2019, with early adoption permitted. The Corporation is in the process of evaluating the impact of the adoption of this guidance on the Corporation's financial statements; however, the adoption of this ASU will impact the balance sheet for the recording of assets and liabilities for operating leases; any initial or continued impact of the recording of assets will have a negative impact on all Corporation and Bank capital ratios under current regulatory guidance and possibly equity ratios.

In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities." This ASU addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments. The ASU will require equity investments to be measured at fair value with changes in fair value recognized in net income. When fair value is not readily determinable, an entity may elect to measure the equity investment at cost, minus impairment, plus or minus any change in the investment’s observable price. The ASU will simplify the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment. When a qualitative assessment indicates that impairment exists, an entity is required to measure the investment at fair value. A valuation allowance on a deferred tax asset related to available-for-sale securities will need to be included. For financial liabilities that are measured at fair value, the ASU requires an entity to present separately, in other comprehensive income, any change in fair value resulting from a change in instrument-specific credit risk. An entity should apply the amendments by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. The amendments related to equity securities without readily determinable fair values (including disclosure requirements) should be applied prospectively to equity investments that exist as of the date of adoption. The amendments in this ASU are effective for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2017 or January 1, 2018 for the Corporation. At September 30, 2017, the Corporation's equity portfolio had a carrying value of $1.0 million which included an unrealized net gain of $590 thousand. This unrealized net gain, net of income taxes, amounted to $384 thousand and was recorded in accumulated other comprehensive income. Upon implementation using the prospective approach, the balance in accumulated other comprehensive income will be reclassed to retained earnings. The carrying value of the equity securities, upon implementation, will not change; however, any future increases or decreases in fair value will be recorded as an increase or decrease to the carrying value and recognized in non-interest income.

In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers (Topic 606)” and subsequent related updates. This ASU clarifies the principles for recognizing revenue and develops a common standard for U.S. GAAP and International Financial Reporting Standards. The ASU establishes a core principle that requires an entity to identify the contract(s) with a customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when (or as) the entity satisfies a performance obligation. The ASU provides for improved disclosure requirements that require entities to disclose sufficient information that enables users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. 

The Corporation will adopt the guidance effective January 1, 2018 and expects to use the modified retrospective method with a cumulative-effect adjustment to opening retained earnings, if such adjustment is deemed significant. The Corporation’s revenue is the sum of net interest income and noninterest income. The scope of the guidance excludes nearly all net interest income as well as many other revenues for financial assets and liabilities including loans, leases, securities, and derivatives. The Corporation has completed the initial scoping review and determined that approximately 82% of non-interest income revenue streams are within the scope of the new standard. Non-interest income streams that are out of scope of the new standard include BOLI, sales of investment securities, mortgage banking activities, certain items within other service fee income such as mortgage servicing income, and certain items within other income. Management is currently reviewing contracts related to trust fee income, service charges on deposits, investment advisory commissions and fee income, insurance commission and fee income and certain items within other service fee income and other income. While the Corporation has not identified material changes to the timing or amount of revenue recognition, the review is ongoing. The Corporation is evaluating changes that may be necessary to applicable disclosures of disaggregation of total revenue, information about performance obligations, information about key judgments and estimates and policy decisions regarding revenue recognition.

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Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share, Basic and Diluted [Abstract]

Summary of Computation for Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended   September 30,					Nine Months Ended   September 30,
(Dollars and shares in thousands, except per share data)	2017			2016		2017			2016
Numerator:
Net income	$	11,196		$	58	$	33,830		$	12,587
Net income allocated to unvested restricted stock	(96		)	—		(330		)	(102		)
Net income allocated to common shares	$	11,100		$	58	$	33,500		$	12,485
Denominator:
Denominator for basic earnings per share—weighted-average shares outstanding	26,437			26,274		26,388			21,720
Effect of dilutive securities—employee stock options	105			67		102			41
Denominator for diluted earnings per share—adjusted weighted-average shares outstanding	26,542			26,341		26,490			21,761
Basic earnings per share	$	0.42		$	—	$	1.27		$	0.58
Diluted earnings per share	$	0.42		$	—	$	1.27		$	0.57
Average anti-dilutive options excluded from computation of diluted earnings per share	185			201		166			550

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Investment Securities (Tables)

9 Months Ended

Sep. 30, 2017

Investments, Debt and Equity Securities [Abstract]

Amortized cost and estimated fair value of held to maturity securities and available for sale securities by contractual maturity

The following table shows the amortized cost and the estimated fair value of the held-to-maturity securities and available-for-sale securities at September 30, 2017 and December 31, 2016, by contractual maturity within each type:

	At September 30, 2017									At December 31, 2016
(Dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Securities Held-to-Maturity
U.S. government corporations and agencies:
After 1 year to 5 years	$	6,995	$	—	$	(10	)	$	6,985	$	—	$	—	$	—		$	—
	6,995		—		(10		)	6,985		—		—		—			—
Residential mortgage-backed securities:
After 5 years to 10 years	9,418		3		—			9,421		—		—		—			—
Over 10 years	29,129		100		(2		)	29,227		5,071		—		(3		)	5,068
	38,547		103		(2		)	38,648		5,071		—		(3		)	5,068
Corporate bonds:
Within 1 year	—		—		—			—		19,810		2		(9		)	19,803
	—		—		—			—		19,810		2		(9		)	19,803
Total	$	45,542	$	103	$	(12	)	$	45,633	$	24,881	$	2	$	(12	)	$	24,871
Securities Available-for-Sale
U.S. government corporations and agencies:
Within 1 year	$	1,499	$	—	$	(3	)	$	1,496	$	15,000	$	20	$	—		$	15,020
After 1 year to 5 years	15,634		—		(40		)	15,594		17,265		—		(19		)	17,246
	17,133		—		(43		)	17,090		32,265		20		(19		)	32,266
State and political subdivisions:
Within 1 year	1,258		4		—			1,262		964		—		(1		)	963
After 1 year to 5 years	17,838		52		(23		)	17,867		18,705		38		(75		)	18,668
After 5 years to 10 years	57,334		1,166		(16		)	58,484		55,541		829		(426		)	55,944
Over 10 years	3,120		9		(17		)	3,112		12,663		226		(114		)	12,775
	79,550		1,231		(56		)	80,725		87,873		1,093		(616		)	88,350
Residential mortgage-backed securities:
After 1 year to 5 years	4,814		33		(6		)	4,841		6,086		—		(66		)	6,020
After 5 years to 10 years	58,482		14		(718		)	57,778		23,479		—		(622		)	22,857
Over 10 years	113,530		133		(1,712		)	111,951		174,388		99		(4,794		)	169,693
	176,826		180		(2,436		)	174,570		203,953		99		(5,482		)	198,570
Collateralized mortgage obligations:
Over 10 years	3,879		20		(57		)	3,842		4,659		—		(105		)	4,554
	3,879		20		(57		)	3,842		4,659		—		(105		)	4,554
Corporate bonds:
Within 1 year	9,015		—		(3		)	9,012		250		—		—			250
After 1 year to 5 years	33,302		87		(67		)	33,322		35,923		34		(241		)	35,716
After 5 years to 10 years	15,176		43		(215		)	15,004		15,193		—		(516		)	14,677
Over 10 years	60,000		—		(2,909		)	57,091		60,000		27		(2,472		)	57,555
	117,493		130		(3,194		)	114,429		111,366		61		(3,229		)	108,198
Money market mutual funds:
No stated maturity	6,624		—		—			6,624		10,784		—		—			10,784
	6,624		—		—			6,624		10,784		—		—			10,784
Equity securities:
No stated maturity	410		591		(1		)	1,000		411		504		—			915
	410		591		(1		)	1,000		411		504		—			915
Total	$	401,915	$	2,152	$	(5,787	)	$	398,280	$	451,311	$	1,777	$	(9,451	)	$	443,637

Information Related to Sales of Securities Available-for-Sale

The following table presents information related to sales of securities available-for-sale during the nine months ended September 30, 2017 and 2016:

	Nine Months Ended September 30,
(Dollars in thousands)	2017		2016
Securities available-for-sale:
Proceeds from sales	$	3,538	$	75,265
Gross realized gains on sales	43		568
Gross realized losses on sales	—		81
Tax expense related to net realized gains on sales	15		170

Amount of Securities in Unrealized Loss Position

The following table shows the fair value of securities that were in an unrealized loss position at September 30, 2017 and December 31, 2016 by the length of time those securities were in a continuous loss position. For the investment securities in an unrealized loss position, the Corporation has concluded, based on its analysis, that the unrealized losses are primarily caused by the movement of interest rates and current market conditions. The contractual terms of these investments do not permit the issuer to settle the securities at a price less than the par value of the investment. It is more likely than not that the Corporation will not be required to sell the investment before a recovery of carrying value.

	Less than Twelve Months					Twelve Months or Longer					Total
(Dollars in thousands)	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
At September 30, 2017
Securities Held-to-Maturity
U.S. government corporations and agencies	$	6,985	$	(10	)	$	—	$	—		$	6,985	$	(10	)
Residential mortgage-backed securities	10,845		(2		)	—		—			10,845		(2		)
Total	$	17,830	$	(12	)	$	—	$	—		$	17,830	$	(12	)
Securities Available-for-Sale
U.S. government corporations and agencies	$	16,791	$	(38	)	$	300	$	(5	)	$	17,091	$	(43	)
State and political subdivisions	8,508		(35		)	4,402		(21		)	12,910		(56		)
Residential mortgage-backed securities	136,652		(1,955		)	22,819		(481		)	159,471		(2,436		)
Collateralized mortgage obligations	—		—			2,167		(57		)	2,167		(57		)
Corporate bonds	42,377		(906		)	49,760		(2,288		)	92,137		(3,194		)
Equity securities	3		(1		)	—		—			3		(1		)
Total	$	204,331	$	(2,935	)	$	79,448	$	(2,852	)	$	283,779	$	(5,787	)
At December 31, 2016
Securities Held-to-Maturity
Residential mortgage-backed securities	$	5,068	$	(3	)	$	—	$	—		$	5,068	$	(3	)
Corporate bonds	9,779		(9		)	—		—			9,779		(9		)
Total	$	14,847	$	(12	)	$	—	$	—		$	14,847	$	(12	)
Securities Available-for-Sale
U.S. government corporations and agencies	$	11,850	$	(19	)	$	—	$	—		$	11,850	$	(19	)
State and political subdivisions	40,771		(610		)	423		(6		)	41,194		(616		)
Residential mortgage-backed securities	192,782		(5,482		)	—		—			192,782		(5,482		)
Collateralized mortgage obligations	2,012		(26		)	2,542		(79		)	4,554		(105		)
Corporate bonds	58,535		(1,333		)	33,104		(1,896		)	91,639		(3,229		)
Total	$	305,950	$	(7,470	)	$	36,069	$	(1,981	)	$	342,019	$	(9,451	)

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Loans and Leases (Tables)

9 Months Ended

Sep. 30, 2017

Receivables [Abstract]

Summary of Major Loan and Lease Categories

	At September 30, 2017
(Dollars in thousands)	Originated			Acquired		Total
Commercial, financial and agricultural	$	782,769		$	76,448	$	859,217
Real estate-commercial	1,176,956			339,018		1,515,974
Real estate-construction	149,917			6,156		156,073
Real estate-residential secured for business purpose	213,811			96,209		310,020
Real estate-residential secured for personal purpose	249,283			66,623		315,906
Real estate-home equity secured for personal purpose	166,810			11,585		178,395
Loans to individuals	27,297			144		27,441
Lease financings	124,138			—		124,138
Total loans and leases held for investment, net of deferred income	$	2,890,981		$	596,183	$	3,487,164
Unearned lease income, included in the above table	$	(13,864	)	$	—	$	(13,864	)
Net deferred costs, included in the above table	4,725			—		4,725
Overdraft deposits included in the above table	68			—		68

	At December 31, 2016
(Dollars in thousands)	Originated			Acquired		Total
Commercial, financial and agricultural	$	663,221		$	160,045	$	823,266
Real estate-commercial	909,581			465,368		1,374,949
Real estate-construction	142,891			31,953		174,844
Real estate-residential secured for business purpose	151,931			142,137		294,068
Real estate-residential secured for personal purpose	210,377			80,431		290,808
Real estate-home equity secured for personal purpose	147,982			14,857		162,839
Loans to individuals	30,110			263		30,373
Lease financings	134,739			—		134,739
Total loans and leases held for investment, net of deferred income	$	2,390,832		$	895,054	$	3,285,886
Unearned lease income, included in the above table	$	(15,970	)	$	—	$	(15,970	)
Net deferred costs, included in the above table	4,503			—		4,503
Overdraft deposits included in the above table	84			—		84

Schedule of Impaired Loans

The outstanding principal balance and carrying amount for acquired credit impaired loans at September 30, 2017 and December 31, 2016 were as follows:

(Dollars in thousands)	At September 30, 2017		At December 31, 2016
Outstanding principal balance	$	2,428	$	8,993
Carrying amount	1,622		7,352
Allowance for loan losses	—		—

The following table presents the changes in accretable yield on acquired credit impaired loans:

	Nine Months Ended September 30,
(Dollars in thousands)	2017			2016
Beginning of period	$	50		$	144
Acquisition of credit impaired loans	—			283
Reclassification from nonaccretable discount	823			318
Accretable discount amortized to interest income	(850		)	(501		)
Disposals	(4		)	(34		)
End of period	$	19		$	210

The following presents, by class of loans, the recorded investment and unpaid principal balance of impaired loans, the amounts of the impaired loans for which there is not a reserve for credit losses and the amounts for which there is a reserve for credit losses at September 30, 2017 and December 31, 2016. The impaired loans exclude acquired credit impaired loans.

	At September 30, 2017						At December 31, 2016
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Reserve		Recorded Investment		Unpaid Principal Balance		Related Reserve
Impaired loans with no related reserve recorded:
Commercial, financial and agricultural	$	7,721	$	9,332			$	10,911	$	12,561
Real estate—commercial real estate	15,727		16,616				24,469		25,342
Real estate—construction	365		365				—		—
Real estate—residential secured for business purpose	3,933		5,040				5,704		6,253
Real estate—residential secured for personal purpose	572		628				560		594
Real estate—home equity secured for personal purpose	360		367				525		528
Total impaired loans with no related reserve recorded	$	28,678	$	32,348			$	42,169	$	45,278
Impaired loans with a reserve recorded:
Commercial, financial and agricultural	$	162	$	165	$	15	$	166	$	166	$	19
Real estate—commercial real estate	1,182		1,182		40		597		597		25
Real estate—residential secured for business purpose	538		539		33		983		1,105		191
Total impaired loans with a reserve recorded	$	1,882	$	1,886	$	88	$	1,746	$	1,868	$	235

	At September 30, 2017						At December 31, 2016
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Reserve		Recorded Investment		Unpaid Principal Balance		Related Reserve
Total impaired loans:
Commercial, financial and agricultural	$	7,883	$	9,497	$	15	$	11,077	$	12,727	$	19
Real estate—commercial real estate	16,909		17,798		40		25,066		25,939		25
Real estate—construction	365		365		—		—		—		—
Real estate—residential secured for business purpose	4,471		5,579		33		6,687		7,358		191
Real estate—residential secured for personal purpose	572		628		—		560		594		—
Real estate—home equity secured for personal purpose	360		367		—		525		528		—
Total impaired loans	$	30,560	$	34,234	$	88	$	43,915	$	47,146	$	235

Schedule of Age Analysis of Past Due Loans and Leases

The following presents, by class of loans and leases, an aging of past due loans and leases, loans and leases which are current and the recorded investment in loans and leases 90 days or more past due which are accruing interest at September 30, 2017 and December 31, 2016:

(Dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or more Past Due		Total Past Due		Current		Acquired Credit Impaired		Total Loans and Leases Held for Investment		Recorded Investment 90 Days or more Past Due and Accruing Interest
At September 30, 2017
Commercial, financial and agricultural	$	1,537	$	164	$	1,594	$	3,295	$	855,457	$	465	$	859,217	$	—
Real estate—commercial real estate and construction:
Commercial real estate	4,510		164		1,688		6,362		1,509,256		356		1,515,974		164
Construction	861		—		365		1,226		154,847		—		156,073		—
Real estate—residential and home equity:
Residential secured for business purpose	541		265		1,255		2,061		307,375		584		310,020		—
Residential secured for personal purpose	2,428		172		446		3,046		312,643		217		315,906		423
Home equity secured for personal purpose	1,497		36		451		1,984		176,411		—		178,395		282
Loans to individuals	155		154		198		507		26,934		—		27,441		198
Lease financings	1,458		1,318		2,231		5,007		119,131		—		124,138		528
Total	$	12,987	$	2,273	$	8,228	$	23,488	$	3,462,054	$	1,622	$	3,487,164	$	1,595
At December 31, 2016
Commercial, financial and agricultural	$	1,536	$	256	$	1,335	$	3,127	$	819,550	$	589	$	823,266	$	—
Real estate—commercial real estate and construction:
Commercial real estate	1,482		1,560		2,591		5,633		1,363,606		5,710		1,374,949		—
Construction	202		—		—		202		174,642		—		174,844		—
Real estate—residential and home equity:
Residential secured for business purpose	1,390		428		1,539		3,357		289,927		784		294,068		—
Residential secured for personal purpose	3,243		905		879		5,027		285,512		269		290,808		481
Home equity secured for personal purpose	717		142		521		1,380		161,459		—		162,839		171
Loans to individuals	324		95		142		561		29,812		—		30,373		142
Lease financings	1,731		1,418		729		3,878		130,861		—		134,739		193
Total	$	10,625	$	4,804	$	7,736	$	23,165	$	3,255,369	$	7,352	$	3,285,886	$	987

Schedule of Nonperforming Loans and Leases

The following presents, by class of loans and leases, nonperforming loans and leases at September 30, 2017 and December 31, 2016. Nonperforming loans exclude acquired credit impaired loans from Fox Chase and Valley Green.

	At September 30, 2017								At December 31, 2016
(Dollars in thousands)	Nonaccrual Loans and Leases*		Accruing Troubled Debt Restructured Loans and Lease Modifications		Loans and Leases 90 Days or more Past Due and Accruing Interest		Total Nonperforming Loans and Leases		Nonaccrual Loans and Leases*		Accruing Troubled Debt Restructured Loans and Lease Modifications		Loans and Leases 90 Days or more Past Due and Accruing Interest		Total Nonperforming Loans and Leases
Commercial, financial and agricultural	$	5,143	$	929	$	—	$	6,072	$	5,746	$	967	$	—	$	6,713
Real estate—commercial real estate and construction:
Commercial real estate	4,514		10,279		164		14,957		5,651		1,519		—		7,170
Construction	365		—		—		365		—		—		—		—
Real estate—residential and home equity:
Residential secured for business purpose	3,333		218		—		3,551		4,898		766		—		5,664
Residential secured for personal purpose	530		42		423		995		560		—		481		1,041
Home equity secured for personal purpose	361		—		282		643		525		—		171		696
Loans to individuals	—		—		198		198		—		—		142		142
Lease financings	1,703		—		528		2,231		536		—		193		729
Total	$	15,949	$	11,468	$	1,595	$	29,012	$	17,916	$	3,252	$	987	$	22,155

* Includes nonaccrual troubled debt restructured loans and lease modifications of $1.7 million and $1.8 million at September 30, 2017 and December 31, 2016, respectively.

Summary of Credit Quality Indicators

The following table presents classifications for originated loans:

(Dollars in thousands)	Real Estate— Residential Secured for Personal Purpose		Real Estate— Home Equity Secured for Personal Purpose		Loans to Individuals		Lease Financings		Total
At September 30, 2017
Performing	$	248,796	$	166,414	$	27,099	$	121,907	$	564,216
Nonperforming	487		396		198		2,231		3,312
Total	$	249,283	$	166,810	$	27,297	$	124,138	$	567,528
At December 31, 2016
Performing	$	210,208	$	147,286	$	29,968	$	134,010	$	521,472
Nonperforming	169		696		142		729		1,736
Total	$	210,377	$	147,982	$	30,110	$	134,739	$	523,208

The following table presents classifications for acquired loans:

(Dollars in thousands)	Real Estate— Residential Secured for Personal Purpose		Real Estate— Home Equity Secured for Personal Purpose		Loans to Individuals		Lease Financings		Total
At September 30, 2017
Performing	$	66,115	$	11,338	$	144	$	—	$	77,597
Nonperforming	508		247		—		—		755
Total	$	66,623	$	11,585	$	144	$	—	$	78,352
At December 31, 2016
Performing	$	79,559	$	14,857	$	263	$	—	$	94,679
Nonperforming	872		—		—		—		872
Total	$	80,431	$	14,857	$	263	$	—	$	95,551

The following tables present by class, the recorded investment in loans and leases held for investment by credit quality indicator at September 30, 2017 and December 31, 2016.

The Corporation employs a ten (10) grade risk rating system related to the credit quality of commercial loans and residential real estate loans secured for a business purpose of which the first six categories are pass categories (credits not adversely rated). The following is a description of the internal risk ratings and the likelihood of loss related to each risk rating.

1. Cash Secured—No credit risk

2. Fully Secured—Negligible credit risk

3. Strong—Minimal credit risk

4. Satisfactory—Nominal credit risk

5. Acceptable—Moderate credit risk

6. Pre-Watch—Marginal, but stable credit risk

7. Special Mention—Potential weakness

8. Substandard—Well-defined weakness

9. Doubtful—Collection in-full improbable

10. Loss—Considered uncollectible

Commercial Credit Exposure Credit Risk by Internally Assigned Grades

The following table presents classifications for originated loans:

(Dollars in thousands)	Commercial, Financial and Agricultural		Real Estate— Commercial		Real Estate— Construction		Real Estate— Residential Secured for Business Purpose		Total
At September 30, 2017
Grade:
1. Cash secured/ 2. Fully secured	$	2,314	$	—	$	15,194	$	1,700	$	19,208
3. Strong	13,707		1,921		—		—		15,628
4. Satisfactory	31,732		30,158		—		350		62,240
5. Acceptable	537,421		901,571		74,898		184,904		1,698,794
6. Pre-watch	174,775		203,340		58,266		21,587		457,968
7. Special Mention	1,891		10,499		1,194		299		13,883
8. Substandard	20,929		29,467		365		4,971		55,732
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	782,769	$	1,176,956	$	149,917	$	213,811	$	2,323,453
At December 31, 2016
Grade:
1. Cash secured/ 2. Fully secured	$	272	$	—	$	13,714	$	162	$	14,148
3. Strong	14,980		2,045		—		—		17,025
4. Satisfactory	35,529		38,861		—		367		74,757
5. Acceptable	465,675		676,212		110,650		133,716		1,386,253
6. Pre-watch	113,499		128,646		18,213		12,025		272,383
7. Special Mention	8,820		22,439		314		1,199		32,772
8. Substandard	24,446		41,378		—		4,462		70,286
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	663,221	$	909,581	$	142,891	$	151,931	$	1,867,624

The following table presents classifications for acquired loans:

(Dollars in thousands)	Commercial, Financial and Agricultural		Real Estate— Commercial		Real Estate— Construction		Real Estate— Residential Secured for Business Purpose		Total
At September 30, 2017
Grade:
1. Cash secured/ 2. Fully secured	$	1,115	$	—	$	—	$	—	$	1,115
3. Strong	—		—		—		—		—
4. Satisfactory	132		501		—		—		633
5. Acceptable	62,601		199,298		—		75,749		337,648
6. Pre-watch	7,206		130,897		6,156		17,918		162,177
7. Special Mention	—		1,143		—		—		1,143
8. Substandard	5,394		7,179		—		2,542		15,115
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	76,448	$	339,018	$	6,156	$	96,209	$	517,831
December 31, 2016
Grade:
1. Cash secured/ 2. Fully secured	$	583	$	—	$	—	$	—	$	583
3. Strong	—		—		—		—		—
4. Satisfactory	4,399		1,018		—		—		5,417
5. Acceptable	113,512		282,199		20,565		117,322		533,598
6. Pre-watch	31,697		163,623		11,388		14,405		221,113
7. Special Mention	73		7,705		—		6,245		14,023
8. Substandard	9,781		10,823		—		4,165		24,769
9. Doubtful	—		—		—		—		—
10.Loss	—		—		—		—		—
Total	$	160,045	$	465,368	$	31,953	$	142,137	$	799,503

Summary of Activity in the Reserve for Loan and Lease Losses

eserve for Loan and Lease Losses and Recorded Investment in Loans and Leases

The following presents, by portfolio segment, a summary of the activity in the reserve for loan and lease losses for the three and nine months ended September 30, 2017 and 2016:

(Dollars in thousands)	Commercial, Financial and Agricultural			Real Estate— Commercial and Construction			Real Estate— Residential Secured for Business Purpose			Real Estate— Residential and Home Equity Secured for Personal Purpose			Loans to Individuals			Lease Financings			Unallocated			Total
Three Months Ended September 30, 2017
Reserve for loan and lease losses:
Beginning balance	$	8,313		$	8,468		$	1,129		$	974		$	329		$	1,660		$	37		$	20,910
Charge-offs	(290		)	—			(56		)	(83		)	(61		)	(3,097		)	N/A			(3,587		)
Recoveries	325			1			29			68			35			73			N/A			531
(Recovery of provision) provision	(1,732		)	787			204			756			51			2,654			(30		)	2,690
Recovery of provision for acquired credit impaired loans	—			—			(1		)	—			—			—			—			(1		)
Ending balance	$	6,616		$	9,256		$	1,305		$	1,715		$	354		$	1,290		$	7		$	20,543
Three Months Ended September 30, 2016
Reserve for loan and lease losses:
Beginning balance	$	5,788		$	7,549		$	56		$	1,301		$	411		$	1,121		$	927		$	17,153
Charge-offs	(1,753		)	(100		)	(3		)	(34		)	(123		)	(176		)	N/A			(2,189		)
Recoveries	351			83			9			15			28			34			N/A			520
Provision (recovery of provision)	1,300			(388		)	(32		)	268			114			184			(30		)	1,416
Recovery of provision for acquired credit impaired loans	—			—			—			(1		)	—			—			—			(1		)
Ending balance	$	5,686		$	7,144		$	30		$	1,549		$	430		$	1,163		$	897		$	16,899
Nine Months Ended September 30, 2017
Reserve for loan and lease losses:
Beginning balance	$	7,037		$	7,505		$	774		$	993		$	364		$	788		$	38		$	17,499
Charge-offs	(576		)	(30		)	(1,237		)	(177		)	(301		)	(3,681		)	N/A			(6,002		)
Recoveries	722			4			47			89			116			168			N/A			1,146
(Recovery of provision) provision	(567		)	1,777			1,722			808			175			4,015			(31		)	7,899
(Recovery of provision) provision for acquired credit impaired loans	—			—			(1		)	2			—			—			—			1
Ending balance	$	6,616		$	9,256		$	1,305		$	1,715		$	354		$	1,290		$	7		$	20,543
Nine Months Ended September 30, 2016
Reserve for loan and lease losses:
Beginning balance	$	6,418		$	6,572		$	763		$	1,575		$	346		$	1,042		$	912		$	17,628
Charge-offs	(3,580		)	(305		)	(268		)	(90		)	(307		)	(541		)	N/A			(5,091		)
Recoveries	1,316			99			62			66			91			157			N/A			1,791
Provision (recovery of provision)	1,532			600			(527		)	1			300			505			(15		)	2,396
Provision (recovery of provision) for acquired credit impaired loans	—			178			—			(3		)	—			—			—			175
Ending balance	$	5,686		$	7,144		$	30		$	1,549		$	430		$	1,163		$	897		$	16,899

N/A – Not applicable

Summary of Average Recorded Investment in Impaired Loans and Leases and Analysis of Interest on Impaired Loans

The following presents by class of loans, the average recorded investment in impaired loans and an analysis of interest on impaired loans. A loan may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. Therefore, interest income on accruing impaired loans is recognized using the accrual method. 

	Three Months Ended September 30, 2017						Three Months Ended September 30, 2016
(Dollars in thousands)	Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms		Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms
Commercial, financial and agricultural	$	10,211	$	52	$	92	$	12,880	$	62	$	108
Real estate—commercial real estate	18,583		201		69		25,309		273		58
Real estate—construction	365		—		5		—		—		—
Real estate—residential secured for business purpose	3,579		16		34		3,178		11		34
Real estate—residential secured for personal purpose	635		1		8		447		—		6
Real estate—home equity secured for personal purpose	288		—		5		598		—		7
Total	$	33,661	$	270	$	213	$	42,412	$	346	$	213

* Includes interest income recognized on a cash basis for nonaccrual loans of $0 thousand for the three months ended September 30, 2017 and 2016, and interest income recognized on the accrual method for accruing impaired loans of $270 thousand and $346 thousand for the three months ended September 30, 2017 and 2016, respectively.

	Nine Months Ended September 30, 2017						Nine Months Ended September 30, 2016
(Dollars in thousands)	Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms		Average Recorded Investment		Interest Income Recognized*		Additional Interest Income That Would Have Been Recognized Under Original Terms
Commercial, financial and agricultural	$	11,030	$	162	$	263	$	13,233	$	204	$	281
Real estate—commercial real estate	21,120		618		223		27,346		859		186
Real estate—construction	219		—		15		—		—		—
Real estate—residential secured for business purpose	4,053		53		139		3,818		47		141
Real estate—residential secured for personal purpose	629		2		31		485		2		15
Real estate—home equity secured for personal purpose	391		—		15		408		—		18
Total	$	37,442	$	835	$	686	$	45,290	$	1,112	$	641

Schedule of Troubled Debt Restructured Loans

The following presents, by class of loans, information regarding accruing and nonaccrual loans that were restructured:

	Three Months Ended September 30, 2017							Three Months Ended September 30, 2016
(Dollars in thousands)	Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Reserve		Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Reserve
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	$	—	$	—	—	$	—	$	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	$	—	$	—	1	$	34	$	34	$	—
Total	—	$	—	$	—	$	—	1	$	34	$	34	$	—

	Nine Months Ended September 30, 2017							Nine Months Ended September 30, 2016
(Dollars in thousands)	Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Allowance		Number of Loans	Pre- Restructuring Outstanding Recorded Investment		Post- Restructuring Outstanding Recorded Investment		Related Allowance
Accruing Troubled Debt Restructured Loans:
Commercial, financial and agricultural	—	$	—	$	—	$	—	1	$	1,545	$	1,545	$	—
Real estate—commercial real estate	3	9,206		9,206		—		—	—		—		—
Real estate—residential secured for business purpose	—	—		—		—		1	415		415		—
Total	3	$	9,206	$	9,206	$	—	2	$	1,960	$	1,960	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—commercial real estate	1	$	328	$	328	$	—	—	$	—	$	—	$	—
Real estate—residential secured for personal purpose	—	—		—		—		1	34		34		—
Total	1	$	328	$	328	$	—	1	$	34	$	34	$	—

The Corporation held no foreclosed consumer residential real estate property at September 30, 2017 and December 31, 2016.

The following presents, by class of loans, information regarding consumer mortgages collateralized by residential real estate property that are in the process of foreclosure at September 30, 2017 and December 31, 2016:

(Dollars in thousands)	At September 30, 2017		At December 31, 2016
Real estate-home equity secured for personal purpose	$	—	$	180
Total	$	—	$	180

Summary of Concessions Granted on Restructured Loans

The following presents, by class of loans, information regarding the types of concessions granted on accruing and nonaccrual loans that were restructured during the three and nine months ended September 30, 2017 and 2016.

	Interest Only Term Extension			Maturity Date Extension			Amortization Period Extension			Total Concessions Granted
(Dollars in thousands)	No. of Loans	Amount		No. of Loans	Amount		No. of Loans	Amount		No. of Loans	Amount
Three Months Ended September 30, 2017
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Three Months Ended September 30, 2016
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	1	$	34	—	$	—	1	$	34
Total	—	$	—	1	$	34	—	$	—	1	$	34
Nine Months Ended September 30, 2017
Accruing Troubled Debt Restructured Loans:
Real estate—commercial real estate	—	$	—	—	$	—	3	$	9,206	3	$	9,206
Total	—	$	—	—	$	—	3	$	9,206	3	$	9,206
Nonaccrual Troubled Debt Restructured Loans:
Real estate—commercial real estate	—	$	—	1	$	328	—	$	—	1	$	328
Total	—	$	—	1	$	328	—	$	—	1	$	328
Nine Months Ended September 30, 2016
Accruing Troubled Debt Restructured Loans:
Commercial, financial and agricultural	—	$	—	—	$	—	1	$	1,545	1	$	1,545
Real estate—residential secured for business purpose	1	415		—	—		—	—		1	415
Total	1	$	415	—	$	—	1	$	1,545	2	$	1,960
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	1	$	34	—	$	—	1	$	34
Total	—	$	—	1	$	34	—	$	—	1	$	34

Schedule of Accruing and Nonaccruing Troubled Debt Restructured Loans

The following presents, by class of loans, information regarding accruing and nonaccrual troubled debt restructured loans, for which there were payment defaults within twelve months of the restructuring date:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
(Dollars in thousands)	Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment		Number of Loans	Recorded Investment
Accruing Troubled Debt Restructured Loans:
Total	—	$	—	—	$	—	—	$	—	—	$	—
Nonaccrual Troubled Debt Restructured Loans:
Real estate—residential secured for personal purpose	—	$	—	1	$	34	—	$	—	1	$	34
Total	—	$	—	1	$	34	—	$	—	1	$	34

XML

Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of the Corporation's goodwill by business segment for the nine months ended September 30, 2017 were as follows:

(Dollars in thousands)	Banking		Wealth Management		Insurance		Consolidated
Balance at December 31, 2016	$	138,476	$	15,434	$	18,649	$	172,559
Addition to goodwill from acquisitions	—		—		—		—
Balance at September 30, 2017	$	138,476	$	15,434	$	18,649	$	172,559

Components of Intangible Assets

The following table reflects the components of intangible assets at the dates indicated:

	At September 30, 2017						At December 31, 2016
(Dollars in thousands)	Gross Carrying Amount		Accumulated Amortization and Fair Value Adjustments		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization and Fair Value Adjustments		Net Carrying Amount
Amortized intangible assets:
Covenants not to compete	$	710	$	495	$	215	$	710	$	205	$	505
Core deposit intangibles	6,788		1,864		4,924		6,788		1,004		5,784
Customer related intangibles	12,381		9,509		2,872		12,381		8,504		3,877
Servicing rights	15,474		8,918		6,556		14,369		7,884		6,485
Total amortized intangible assets	$	35,353	$	20,786	$	14,567	$	34,248	$	17,597	$	16,651

Estimated Aggregate Amortization Expense

The estimated aggregate amortization expense for covenants not to compete and core deposit and customer related intangibles for the remainder of 2017 and the succeeding fiscal years is as follows:

Year	(Dollars in thousands)	Amount
Remainder of 2017		$	674
2018		2,115
2019		1,565
2020		1,200
2021		923
Thereafter		1,534

The estimated amortization expense of servicing rights for the remainder of 2017 and the succeeding fiscal years is as follows:

Year	(Dollars in thousands)	Amount
Remainder of 2017		$	989
2018		857
2019		737
2020		632
2021		542
Thereafter		2,799

Changes in Mortgage Servicing Rights

Changes in the servicing rights balance are summarized as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
(Dollars in thousands)	2017			2016			2017			2016
Beginning of period	$	6,548		$	5,896		$	6,485		$	5,877
Servicing rights capitalized	376			652			1,106			1,429
Acquired servicing rights	—			87			—			87
Amortization of servicing rights	(368		)	(468		)	(1,035		)	(1,226		)
Changes in valuation allowance	—			—			—			—
End of period	$	6,556		$	6,167		$	6,556		$	6,167
Residential mortgage and SBA loans serviced for others	$	997,169		$	933,470		$	997,169		$	933,470

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Borrowings (Tables)

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Summary of Borrowings by Type

The following is a summary of borrowings by type. Short-term borrowings consist of overnight borrowings and term borrowings with an original maturity of one year or less. The long-term debt balances and weighted average interest rates include purchase accounting fair value adjustments, net of related amortization, from the Fox Chase acquisition.

	At September 30, 2017				At December 31, 2016
(Dollars in thousands)	Balance at End of Period		Weighted Average Interest Rate at End of Period		Balance at End of Period		Weighted Average Interest Rate at End of Period
Short-term borrowings:
FHLB borrowings	$	11,000	1.27	%	$	91,300	0.74	%
Federal funds purchased	—		—		80,000		0.81
Customer repurchase agreements	21,091		0.05		24,871		0.05
Long-term debt:
FHLB advances	$	175,256	1.50	%	$	96,248	0.94	%
Security repurchase agreements	30,912		1.39		31,274		0.91
Subordinated notes	$	94,270	5.35	%	$	94,087	5.36	%

Schedule of Maturities of Long-term FHLB Advances

Long-term advances with the FHLB of Pittsburgh mature as follows:

(Dollars in thousands)	As of September 30, 2017		Weighted Average Rate
Remainder of 2017	$	50,204	0.93	%
2018	10,052		0.69
2019	10,000		1.35
2020	40,000		1.70
2021	55,000		1.94
Thereafter	10,000		2.09
Total	$	175,256	1.50	%

Schedule of Maturities of Other Long-term Borrowings

Long-term debt under security repurchase agreements with large commercial banks mature as follows:

(Dollars in thousands)	As of September 30, 2017		Weighted Average Rate
Remainder of 2017	$	—	—	%
2018	10,244		1.06
2019	10,304		1.55
2020	10,364		1.56
2021	—		—
Thereafter	—		—
Total	$	30,912	1.39	%

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Retirement Plans and Other Postretirement Benefits (Tables)

9 Months Ended

Sep. 30, 2017

Retirement Benefits [Abstract]

Components of Net Periodic Benefit Cost (Income)

Components of net periodic benefit cost (income) were as follows:

	Three Months Ended September 30,
	2017			2016			2017		2016
(Dollars in thousands)	Retirement Plans						Other Post Retirement Benefits
Service cost	$	124		$	160		$	12	$	11
Interest cost	487			516			29		23
Expected return on plan assets	(797		)	(731		)	—		—
Amortization of net actuarial loss	309			313			11		17
Accretion of prior service cost	(71		)	(71		)	—		—
Net periodic benefit cost	$	52		$	187		$	52	$	51

	Nine Months Ended September 30,
	2017			2016			2017		2016
(Dollars in thousands)	Retirement Plans						Other Post Retirement Benefits
Service cost	$	399		$	501		$	36	$	34
Interest cost	1,439			1,553			88		89
Expected return on plan assets	(2,298		)	(2,238		)	—		—
Amortization of net actuarial loss	886			958			32		30
Accretion of prior service cost	(212		)	(212		)	—		—
Net periodic benefit cost	$	214		$	562		$	156	$	153

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Stock-Based Incentive Plan (Tables)

9 Months Ended

Sep. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Status of Options Granted Under Long-Term Incentive Plan

The following is a summary of the Corporation's stock option activity and related information for the nine months ended September 30, 2017:

(Dollars in thousands, except per share data)	Shares Under Option		Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value at September 30, 2017
Outstanding at December 31, 2016	504,908		$	19.06
Granted	191,297		28.15
Expired	(73,000	)	22.70
Forfeited	(14,500	)	22.85
Exercised	(84,870	)	17.99
Outstanding at September 30, 2017	523,835		21.91		7.6	$	5,287
Exercisable at September30,2017	168,693		17.91		5.7	2,377

Summary of Nonvested Stock Options

The following is a summary of nonvested stock options at September 30, 2017 including changes during the nine months then ended:

(Dollars in thousands, except per share data)	Nonvested Stock Options		Weighted Average Grant Date Fair Value
Nonvested stock options at December 31, 2016	308,940		$	6.15
Granted	191,297		6.72
Vested	(130,595	)	6.06
Forfeited	(14,500	)	6.44
Nonvested stock options at September 30, 2017	355,142		6.47

Aggregated Assumptions Used to Estimate Fair Value of Options Granted

The following aggregated assumptions were used to estimate the fair value of options granted during the nine months ended September 30, 2017 and 2016:

	Nine months ended September 30,
	2017		2016
	Actual		Range			Weighted Average
Expected option life in years	6.9		7.6	-	8.2	7.9
Risk free interest rate	2.30	%	1.38%	-	1.89%	1.87	%
Expected dividend yield	2.84	%	3.80%	-	4.19%	4.06	%
Expected volatility	29.75	%	37.71%	-	46.22%	45.82	%
Fair value of options	$6.72		$5.40	-	$6.27	$6.23

Summary of Nonvested Restricted Stock Awards

The following is a summary of nonvested restricted stock awards at September 30, 2017 including changes during the nine months then ended:

(Dollars in thousands, except per share data)	Nonvested Share Awards		Weighted Average Grant Date Fair Value
Nonvested share awards at December 31, 2016	285,158		$	19.74
Granted	61,823		28.08
Vested	(99,955	)	19.76
Forfeited	(16,000	)	19.93
Nonvested share awards at September 30, 2017	231,026		21.95

Certain Information Regarding Restricted Stock

The fair value of restricted stock is equivalent to the fair value on the date of grant and is amortized over the vesting period. Certain information regarding restricted stock is summarized below for the periods indicated:

	Nine months ended September 30,
(Dollars in thousands, except per share data)	2017		2016
Shares granted	61,823		176,255
Weighted average grant date fair value	$	28.08	$	20.60
Intrinsic value of awards vested	$	2,914	$	971

Schedule of Unrecognized Compensation Cost, Nonvested Awards

The total unrecognized compensation expense and the weighted average period over which unrecognized compensation expense is expected to be recognized related to nonvested stock options and nonvested restricted stock awards at September 30, 2017 is presented below:

(Dollars in thousands)	Unrecognized Compensation Cost		Weighted-Average Period Remaining (Years)
Stock options	$	1,532	1.9
Restricted stock awards	2,945		1.6
	$	4,477	1.7

Compensation Expense Related to Stock Incentive Plans Recognized

The following table presents information related to the Corporation’s compensation expense related to stock incentive plans recognized for the periods indicated:

	Nine months ended September 30,
(Dollars in thousands)	2017		2016
Stock-based compensation expense:
Stock options	$	678	$	463
Restricted stock awards	1,872		944
Employee stock purchase plan	47		50
Total	$	2,597	$	1,457
Tax benefit on nonqualified stock option expense, restricted stock awards and disqualifying dispositions of incentive stock options	$	1,263	$	407

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Accumulated Other Comprehensive (Loss) Income (Tables)

9 Months Ended

Sep. 30, 2017

Equity [Abstract]

Components of Accumulated Other Comprehensive (Loss) Income, Net of Taxes

The following table shows the components of accumulated other comprehensive (loss) income, net of taxes, for the periods presented:

(Dollars in thousands)	Net Unrealized (Losses) Gains on Available-for-Sale Investment Securities			Net Change Related to Derivatives Used for Cash Flow Hedges			Net Change Related to Defined Benefit Pension Plans			Accumulated Other Comprehensive (Loss) Income
Balance, December 31, 2016	$	(4,988	)	$	(141	)	$	(14,325	)	$	(19,454	)
Net Change	2,624			28			459			3,111
Balance, September 30, 2017	$	(2,364	)	$	(113	)	$	(13,866	)	$	(16,343	)
Balance, December 31, 2015	$	(592	)	$	(285	)	$	(15,831	)	$	(16,708	)
Net Change	2,381			(382		)	505			2,504
Balance, September 30, 2016	$	1,789		$	(667	)	$	(15,326	)	$	(14,204	)

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Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts and Fair Value of Derivatives Designated as Hedging Instruments

The following table presents the notional amounts and fair values of derivatives designated as hedging instruments recorded on the consolidated balance sheets at September 30, 2017 and December 31, 2016. The Corporation pledges cash or securities to cover the negative fair value of derivative instruments. Cash collateral associated with derivative instruments are not added to or netted against the fair value amounts.

			Derivative Assets			Derivative Liabilities
(Dollars in thousands)	Notional Amount		Balance Sheet Classification	Fair Value		Balance Sheet Classification	Fair Value
At September 30, 2017
Interest rate swap - cash flow hedge	$	18,021		$	—	Other liabilities	$	174
Interest rate swap - fair value hedge	1,398			—		Other liabilities	28
Total	$	19,419		$	—		$	202
At December 31, 2016
Interest rate swap - cash flow hedge	$	18,566		$	—	Other liabilities	$	217
Interest rate swap - fair value hedge	1,427			—		Other liabilities	37
Total	$	19,993		$	—		$	254

Notional Amounts and Fair Values of Derivatives Not Designated as Hedging Instruments

The following table presents the notional amounts and fair values of derivatives not designated as hedging instruments recorded on the consolidated balance sheets at September 30, 2017 and December 31, 2016:

			Derivative Assets			Derivative Liabilities
(Dollars in thousands)	Notional Amount		Balance Sheet Classification	Fair Value		Balance Sheet Classification	Fair Value
At September 30, 2017
Interest rate swap	$	549		$	—	Other liabilities	$	47
Credit derivatives	66,140			—		Other liabilities	132
Interest rate locks with customers	37,661		Other assets	1,234			—
Forward loan sale commitments	39,962			—		Other liabilities	1
Total	$	144,312		$	1,234		$	180
At December 31, 2016
Interest rate swap	$	622		$	—	Other liabilities	$	65
Credit derivatives	27,919			—		Other liabilities	9
Interest rate locks with customers	36,541		Other assets	801			—
Forward loan sale commitments	42,366		Other assets	257			—
Total	$	107,448		$	1,058		$	74

Income for Derivatives Designated as Hedging Instruments

The following table presents amounts included in the consolidated statements of income for derivatives designated as hedging instruments for the periods indicated:

	Statement of Income Classification	Three Months Ended   September 30,						Nine Months Ended   September 30,
(Dollars in thousands)		2017			2016			2017			2016
Interest rate swap—cash flow hedge—net interest payments	Interest expense	$	41		$	76		$	148		$	237
Interest rate swap—fair value hedge—ineffectiveness	Other noninterest income	—			—			5			—
Net loss		$	(41	)	$	(76	)	$	(143	)	$	(237	)

Income for Derivatives Not Designated as Hedging Instruments

	Statement of Income Classification	Three Months Ended   September 30,						Nine Months Ended   September 30,
(Dollars in thousands)		2017			2016			2017			2016
Credit derivatives	Other noninterest income	$	25		$	21		$	149		$	21
Interest rate locks with customers	Net gain on mortgage banking activities	(129		)	(257		)	433			1,086
Forward loan sale commitments	Net loss on mortgage banking activities	(166		)	439			(258		)	31
Total		$	(270	)	$	203		$	324		$	1,138

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)

The following table presents amounts included in accumulated other comprehensive (loss) income for derivatives designated as hedging instruments at September 30, 2017 and December 31, 2016:

(Dollars in thousands)	Accumulated Other Comprehensive (Loss) Income	At September 30, 2017			At December 31, 2016
Interest rate swap—cash flow hedge	Fair value, net of taxes	$	(113	)	$	(141	)
Total		$	(113	)	$	(141	)

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Fair Value Disclosures (Tables)

9 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents the assets and liabilities measured at fair value on a recurring basis at September 30, 2017 and December 31, 2016, classified using the fair value hierarchy:

	At September 30, 2017
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets/ Liabilities at Fair Value
Assets:
Available-for-sale securities:
U.S. government corporations and agencies	$	—	$	17,090	$	—	$	17,090
State and political subdivisions	—		80,725		—		80,725
Residential mortgage-backed securities	—		174,570		—		174,570
Collateralized mortgage obligations	—		3,842		—		3,842
Corporate bonds	—		85,884		28,545		114,429
Money market mutual funds	6,624		—		—		6,624
Equity securities	1,000		—		—		1,000
Total available-for-sale securities	7,624		362,111		28,545		398,280
Loans*	—		—		2,014		2,014
Interest rate locks with customers*	—		1,234		—		1,234
Total assets	$	7,624	$	363,345	$	30,559	$	401,528
Liabilities:
Contingent consideration liability	$	—	$	—	$	359	$	359
Interest rate swaps*	—		249		—		249
Credit derivatives*	—		—		132		132
Forward loan sale commitments*	—		1		—		1
Total liabilities	$	—	$	250	$	491	$	741

	At December 31, 2016
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets/ Liabilities at Fair Value
Assets:
Available-for-sale securities:
U.S. government corporations and agencies	$	—	$	32,266	$	—	$	32,266
State and political subdivisions	—		88,350		—		88,350
Residential mortgage-backed securities	—		198,570		—		198,570
Collateralized mortgage obligations	—		4,554		—		4,554
Corporate bonds	—		79,420		28,778		108,198
Money market mutual funds	10,784		—		—		10,784
Equity securities	915		—		—		915
Total available-for-sale securities	11,699		403,160		28,778		443,637
Loans*	—		—		2,138		2,138
Interest rate locks with customers*	—		801		—		801
Forward loan sale commitments*	—		257		—		257
Total assets	$	11,699	$	404,218	$	30,916	$	446,833
Liabilities:
Contingent consideration liability	$	—	$	—	$	5,999	$	5,999
Interest rate swaps*	—		319		—		319
Credit derivatives*	—		—		9		9
Total liabilities	$	—	$	319	$	6,008	$	6,327

* Such financial instruments are recorded at fair value as further described in Note 10 - Derivative Instruments.

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table includes a rollforward of corporate bonds, loans and credit derivatives for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the nine months ended September 30, 2017 and 2016:

	Nine Months Ended September 30, 2017
(Dollars in thousands)	Balance at December 31, 2016			Purchases/additions			Sales		Payments received			Premium amortization, net		(Decrease) increase in value			Balance at September 30, 2017
Corporate bonds	$	28,778		$	—		$	—	$	—		$	—	$	(233	)	$	28,545
Loans	2,138			—			—		(102		)	—		(22		)	2,014
Credit derivatives	(9		)	(272		)	—		—			—		149			(132		)
Net total	$	30,907		$	(272	)	$	—	$	(102	)	$	—	$	(106	)	$	30,427

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

The following table includes a rollforward of corporate bonds, loans and credit derivatives for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the nine months ended September 30, 2017 and 2016:

	Nine Months Ended September 30, 2017
(Dollars in thousands)	Balance at December 31, 2016			Purchases/additions			Sales		Payments received			Premium amortization, net		(Decrease) increase in value			Balance at September 30, 2017
Corporate bonds	$	28,778		$	—		$	—	$	—		$	—	$	(233	)	$	28,545
Loans	2,138			—			—		(102		)	—		(22		)	2,014
Credit derivatives	(9		)	(272		)	—		—			—		149			(132		)
Net total	$	30,907		$	(272	)	$	—	$	(102	)	$	—	$	(106	)	$	30,427

Contingent Consideration Liability Change in Amount

he following table presents the change in the balance of the contingent consideration liability related to acquisitions for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the nine months ended September 30, 2017 and 2016:

	Nine Months Ended September 30, 2017
(Dollars in thousands)	Balance at December 31, 2016		Contingent Consideration from New Acquisition		Payment of Contingent Consideration		Adjustment of Contingent Consideration			Balance at September 30, 2017
Sterner Insurance Associates	$	331	$	—	$	30	$	(301	)	$	—
Girard Partners	5,668		—		5,350		41			359
Total contingent consideration liability	$	5,999	$	—	$	5,380	$	(260	)	$	359

	Nine Months Ended September 30, 2016
(Dollars in thousands)	Balance at December 31, 2015		Contingent Consideration from New Acquisition		Payment of Contingent Consideration		Adjustment of Contingent Consideration		Balance at September 30, 2016
Sterner Insurance Associates	$	1,144	$	—	$	1,325	$	501	$	320
Girard Partners	4,241		$	—	934		284		3,591
John T. Fretz Insurance Agency	192		—		260		68		—
Total contingent consideration liability	$	5,577	$	—	$	2,519	$	853	$	3,911

Assets Measured at Fair Value on Non-Recurring Basis

The following table represents assets measured at fair value on a non-recurring basis at September 30, 2017 and December 31, 2016:

	At September 30, 2017
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets at Fair Value
Impaired loans held for investment	$	—	$	—	$	30,472	$	30,472
Impaired leases held for investment	—		—		1,250		1,250
Other real estate owned	—		—		1,763		1,763
Total	$	—	$	—	$	33,485	$	33,485

	At December 31, 2016
(Dollars in thousands)	Level 1		Level 2		Level 3		Assets at Fair Value
Impaired loans held for investment	$	—	$	—	$	43,680	$	43,680
Other real estate owned	—		—		4,969		4,969
Total	$	—	$	—	$	48,649	$	48,649

Assets, Liabilities and Off-Balance Sheet Items Not Measured at Fair Value

The following table presents assets and liabilities and off-balance sheet items not measured at fair value on a recurring or non-recurring basis in the Corporation’s consolidated balance sheets but for which the fair value is required to be disclosed at September 30, 2017 and December 31, 2016. The disclosed fair values are classified using the fair value hierarchy.

	At September 30, 2017
(Dollars in thousands)	Level 1		Level 2			Level 3		Fair Value			Carrying Amount
Assets:
Cash and short-term interest-earning assets	$	79,490	$	—		$	—	$	79,490		$	79,490
Held-to-maturity securities	—		45,633			—		45,633			45,542
Federal Home Loan Bank, Federal Reserve Bank and other stock	NA		NA			NA		NA			27,244
Loans held for sale	—		2,265			—		2,265			2,228
Net loans and leases held for investment	—		—			3,405,465		3,405,465			3,432,885
Servicing rights	—		—			9,562		9,562			6,556
Total assets	$	79,490	$	47,898		$	3,415,027	$	3,542,415		$	3,593,945
Liabilities:
Deposits:
Demand and savings deposits, non-maturity	$	2,947,430	$	—		$	—	$	2,947,430		$	2,947,430
Time deposits	—		570,749			—		570,749			571,160
Total deposits	2,947,430		570,749			—		3,518,179			3,518,590
Short-term borrowings	—		32,091			—		32,091			32,091
Long-term debt	—		207,770			—		207,770			206,168
Subordinated notes	—		97,963			—		97,963			94,270
Total liabilities	$	2,947,430	$	908,573		$	—	$	3,856,003		$	3,851,119
Off-Balance-Sheet:
Commitments to extend credit	$	—	$	(2,363	)	$	—	$	(2,363	)	$	—

	At December 31, 2016
(Dollars in thousands)	Level 1		Level 2			Level 3		Fair Value			Carrying Amount
Assets:
Cash and short-term interest-earning assets	$	57,825	$	—		$	—	$	57,825		$	57,825
Held-to-maturity securities	—		24,871			—		24,871			24,881
Federal Home Loan Bank, Federal Reserve Bank and other stock	NA		NA			NA		NA			24,869
Loans held for sale	—		5,943			—		5,943			5,890
Net loans and leases held for investment	—		—			3,193,886		3,193,886			3,222,569
Servicing rights	—		—			9,548		9,548			6,485
Total assets	$	57,825	$	30,814		$	3,203,434	$	3,292,073		$	3,342,519
Liabilities:
Deposits:
Demand and savings deposits, non-maturity	$	2,631,378	$	—		$	—	$	2,631,378		$	2,631,378
Time deposits	—		628,096			—		628,096			626,189
Total deposits	2,631,378		628,096			—		3,259,474			3,257,567
Short-term borrowings	—		195,572			—		195,572			196,171
Long-term debt	—		130,157			—		130,157			127,522
Subordinated notes	—		95,188			—		95,188			94,087
Total liabilities	$	2,631,378	$	1,049,013		$	—	$	3,680,391		$	3,675,347
Off-Balance-Sheet:
Commitments to extend credit	$	—	$	(2,218	)	$	—	$	(2,218	)	$	—

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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Schedule of Segment Reporting

The following table provides total assets by reportable business segment as of the dates indicated.

(Dollars in thousands)	At September 30, 2017		At December 31, 2016		At September 30, 2016
Banking	$	4,327,920	$	4,137,873	$	4,045,419
Wealth Management	34,903		35,061		32,721
Insurance	25,139		24,472		23,830
Other	29,401		33,122		38,474
Consolidated assets	$	4,417,363	$	4,230,528	$	4,140,444

The following tables provide reportable segment-specific information and reconciliations to consolidated financial information for the three and nine months ended September 30, 2017 and 2016.

	Three Months Ended
	September 30, 2017
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	42,161		$	4	$	—	$	7		$	42,172
Interest expense	5,285			—		—		—			5,285
Net interest income	36,876			4		—		7			36,887
Provision for loan and lease losses	2,689			—		—		—			2,689
Noninterest income	4,993			5,428		3,620		68			14,109
Intangible expenses	357			168		165		—			690
Other noninterest expense	24,479			3,472		2,803		1,251			32,005
Intersegment (revenue) expense*	(611		)	261		350		—			—
Income (expense) before income taxes	14,955			1,531		302		(1,176		)	15,612
Income tax expense (benefit)	4,166			611		128		(489		)	4,416
Net income (loss)	$	10,789		$	920	$	174	$	(687	)	$	11,196
Capital expenditures	$	582		$	5	$	3	$	178		$	768

	Three Months Ended
	September 30, 2016
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	36,697		$	1	$	—	$	7		$	36,705
Interest expense	3,836			—		—		—			3,836
Net interest income	32,861			1		—		7			32,869
Provision for loan and lease losses	1,415			—		—		—			1,415
Noninterest income	5,802			4,902		3,396		37			14,137
Intangible expenses	403			231		220		—			854
Acquisition-related and integration costs and restructuring charges	14,156			—		—		(92		)	14,064
Other noninterest expense	23,580			3,437		2,906		2,225			32,148
Intersegment (revenue) expense*	(292		)	133		159		—			—
(Expense) income before income taxes	(599		)	1,102		111		(2,089		)	(1,475		)
Income tax (benefit) expense	(1,375		)	413		61		(632		)	(1,533		)
Net income (loss)	$	776		$	689	$	50	$	(1,457	)	$	58
Capital expenditures	$	2,814		$	5	$	9	$	672		$	3,500

	Nine Months Ended
	September 30, 2017
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	120,575		$	6	$	—	$	17		$	120,598
Interest expense	14,128			—		—		—			14,128
Net interest income	106,447			6		—		17			106,470
Provision for loan and lease losses	7,900			—		—		—			7,900
Noninterest income	16,945			15,965		11,913		265			45,088
Intangible expenses	1,151			506		238		—			1,895
Other noninterest expense	71,173			10,404		8,718		5,083			95,378
Intersegment (revenue) expense*	(1,669		)	693		976		—			—
Income (expense) before income taxes	44,837			4,368		1,981		(4,801		)	46,385
Income tax expense (benefit)	12,086			1,738		837		(2,106		)	12,555
Net income (loss)	$	32,751		$	2,630	$	1,144	$	(2,695	)	$	33,830
Capital expenditures	$	6,921		$	27	$	202	$	262		$	7,412

	Nine Months Ended
	September 30, 2016
(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
Interest income	$	88,526		$	4	$	—	$	21		$	88,551
Interest expense	8,210			—		—		288			8,498
Net interest income	80,316			4		—		(267		)	80,053
Provision for loan and lease losses	2,571			—		—		—			2,571
Noninterest income	15,842			14,286		11,736		105			41,969
Intangible expenses	527			838		1,246		—			2,611
Acquisition-related and integration costs and restructuring charges	14,204			—		—		1,265			15,469
Other noninterest expense	62,016			9,742		8,962		4,751			85,471
Intersegment (revenue) expense*	(1,282		)	563		719		—			—
Income (expense) before income taxes	18,122			3,147		809		(6,178		)	15,900
Income tax expense (benefit)	3,273			1,191		357		(1,508		)	3,313
Net income (loss)	$	14,849		$	1,956	$	452	$	(4,670	)	$	12,587
Capital expenditures	$	6,134		$	29	$	30	$	1,501		$	7,694

*Includes an allocation of general and administrative expenses from both the parent holding company and the Bank. These expenses are generally allocated based upon number of employees and square footage utilized.

XML

Restructuring Charges Restructuring Charges (Tables)

9 Months Ended

Sep. 30, 2017

Restructuring and Related Activities [Abstract]

Roll-Forward of Accrued Restructuring Expense

A roll-forward of the remaining accrued restructuring expense for the nine months ended September 30, 2017 is as follows:

(Dollars in thousands)	Severance expenses			Write-downs and retirements of fixed assets			Lease cancellations			Total
Accrued at January 1, 2017	$	901		$	228		$	81		$	1,210
Payments	(832		)	—			(51		)	(883		)
Non-cash settlement	—			(228		)	—			(228		)
Accrued at September 30, 2017	$	69		$	—		$	30		$	99

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Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Summary Of Significant Accounting Policies [Line Items]
Revenue Recognition Non-interest Income Revenue Streams Within Scope of New Standard	82.00%
Equity Securities [Member]
Summary Of Significant Accounting Policies [Line Items]
Equity Securities Available-for-Sale, Fair Value	$ 1,000	$ 915
Equity Securities Available-for-Sale, Unrealized net gain	590
Available-for-sale Securities, Accumulated Net Gain Net of Income Taxes	$ 384

XML

Earnings per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Earnings Per Share, Basic and Diluted [Abstract]
Net income	$ 11,196	$ 58	$ 33,830	$ 12,587
Net income allocated to unvested restricted stock	(96)	0	(330)	(102)
Net income allocated to common shares	$ 11,100	$ 58	$ 33,500	$ 12,485
Denominator for basic earnings per share—weighted-average shares outstanding	26,437	26,274	26,388	21,720
Effect of dilutive securities—employee stock options	105	67	102	41
Denominator for diluted earnings per share—adjusted weighted-average shares outstanding	26,542	26,341	26,490	21,761
Basic earnings per share	$ 0.42	$ 0.00	$ 1.27	$ 0.58
Diluted earnings per share	$ 0.42	$ 0.00	$ 1.27	$ 0.57
Average anti-dilutive options excluded from computation of diluted earnings per share	185	201	166	550

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Investment Securities - Narrative (Detail) $ in Millions	Sep. 30, 2017 USD ($) Investment	Dec. 31, 2016 USD ($) Investment
Investments, Debt and Equity Securities [Abstract]
Carrying value of securities pledged to secure public deposits and other contractual obligations	$ 335.5	$ 356.7
Pledging requirements for credit derivatives and SWAP agreements - securities	$ 1.9	$ 1.4
Number of investments in non-federal issuer representing more than 10% of shareholders' equity | Investment	0	0
Maximum investment in any single non-federal issuer representing shareholders' equity	10.00%	10.00%

XML

Investment Securities - Held-to-Maturity and Available-for-Sale, Scheduled Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Held-to-maturity Securities [Abstract]
Securities Held-to-Maturity, Amortized Cost	$ 45,542	$ 24,881
Securities Held-to-Maturity, Gross Unrealized Gains	103	2
Securities Held-to-Maturity, Gross Unrealized Losses	(12)	(12)
Securities Held-to-Maturity, Fair Value	45,633	24,871
Available-for-sale Securities [Abstract]
Securities Available-for-Sale, Amortized Cost	401,915	451,311
Securities Available-for-Sale, Gross Unrealized Gain	2,152	1,777
Securities Available-for-Sale, Gross Unrealized Loss	(5,787)	(9,451)
Securities Available-for-Sale, Fair Value	398,280	443,637
U.S. Government Corporations and Agencies [Member]
Available-for-sale Securities [Abstract]
Securities Available-for-Sale, Amortized Cost, Within 1 year	1,499	15,000
Securities Available-for-Sale, Gross Unrealized Gains, Within 1 year	0	20
Securities Available-for-Sale, Gross Unrealized Losses, Within 1 year	(3)	0
Securities Available-for-Sale, Fair Value, Within 1 year	1,496	15,020
Securities Available-for-Sale, Amortized Cost, After 1 year to 5 years	15,634	17,265
Securities Available-for-Sale, Gross Unrealized Gains, After 1 year to 5 years	0	0
Securities Available-for-Sale, Gross Unrealized Losses, After 1 year to 5 years	(40)	(19)
Securities Available-for-Sale, Fair Value, After 1 year to 5 years	15,594	17,246
Securities Available-for-Sale, Amortized Cost	17,133	32,265
Securities Available-for-Sale, Debt Securities, Gross Unrealized Gain	0	20
Securities Available-for-Sale, Debt Securities, Gross Unrealized Losses	(43)	(19)
Securities Available-for-Sale, Debt Securities, Fair Value	17,090	32,266
State and Political Subdivisions [Member]
Available-for-sale Securities [Abstract]
Securities Available-for-Sale, Amortized Cost, Within 1 year	1,258	964
Securities Available-for-Sale, Gross Unrealized Gains, Within 1 year	4	0
Securities Available-for-Sale, Gross Unrealized Losses, Within 1 year	0	(1)
Securities Available-for-Sale, Fair Value, Within 1 year	1,262	963
Securities Available-for-Sale, Amortized Cost, After 1 year to 5 years	17,838	18,705
Securities Available-for-Sale, Gross Unrealized Gains, After 1 year to 5 years	52	38
Securities Available-for-Sale, Gross Unrealized Losses, After 1 year to 5 years	(23)	(75)
Securities Available-for-Sale, Fair Value, After 1 year to 5 years	17,867	18,668
Securities Available-for-Sale, Amortized Cost, After 5 years to 10 years	57,334	55,541
Securities Available-for-Sale, Gross Unrealized Gains, After 5 years to 10 years	1,166	829
Securities Available-for-Sale, Gross Unrealized Losses, After 5 years to 10 years	(16)	(426)
Securities Available-for-Sale, Fair Value, After 5 years to 10 years	58,484	55,944
Securities Available-for-Sale, Amortized Cost, Over 10 years	3,120	12,663
Securities Available-for-Sale, Gross Unrealized Gains, Over 10 years	9	226
Securities Available-for-Sale, Gross Unrealized Losses, Over 10 years	(17)	(114)
Securities Available-for-Sale, Fair Value, Over 10 years	3,112	12,775
Securities Available-for-Sale, Amortized Cost	79,550	87,873
Securities Available-for-Sale, Debt Securities, Gross Unrealized Gain	1,231	1,093
Securities Available-for-Sale, Debt Securities, Gross Unrealized Losses	(56)	(616)
Securities Available-for-Sale, Debt Securities, Fair Value	80,725	88,350
Residential Mortgage Backed Securities [Member]
Available-for-sale Securities [Abstract]
Securities Available-for-Sale, Amortized Cost, After 1 year to 5 years	4,814	6,086
Securities Available-for-Sale, Gross Unrealized Gains, After 1 year to 5 years	33	0
Securities Available-for-Sale, Gross Unrealized Losses, After 1 year to 5 years	(6)	(66)
Securities Available-for-Sale, Fair Value, After 1 year to 5 years	4,841	6,020
Securities Available-for-Sale, Amortized Cost, After 5 years to 10 years	58,482	23,479
Securities Available-for-Sale, Gross Unrealized Gains, After 5 years to 10 years	14	0
Securities Available-for-Sale, Gross Unrealized Losses, After 5 years to 10 years	(718)	(622)
Securities Available-for-Sale, Fair Value, After 5 years to 10 years	57,778	22,857
Securities Available-for-Sale, Amortized Cost, Over 10 years	113,530	174,388
Securities Available-for-Sale, Gross Unrealized Gains, Over 10 years	133	99
Securities Available-for-Sale, Gross Unrealized Losses, Over 10 years	(1,712)	(4,794)
Securities Available-for-Sale, Fair Value, Over 10 years	111,951	169,693
Securities Available-for-Sale, Amortized Cost	176,826	203,953
Securities Available-for-Sale, Debt Securities, Gross Unrealized Gain	180	99
Securities Available-for-Sale, Debt Securities, Gross Unrealized Losses	(2,436)	(5,482)
Securities Available-for-Sale, Debt Securities, Fair Value	174,570	198,570
Collateralized Mortgage Obligations [Member]
Available-for-sale Securities [Abstract]
Securities Available-for-Sale, Amortized Cost, Over 10 years	3,879	4,659
Securities Available-for-Sale, Gross Unrealized Gains, Over 10 years	20	0
Securities Available-for-Sale, Gross Unrealized Losses, Over 10 years	(57)	(105)
Securities Available-for-Sale, Fair Value, Over 10 years	3,842	4,554
Securities Available-for-Sale, Amortized Cost	3,879	4,659
Securities Available-for-Sale, Debt Securities, Gross Unrealized Gain	20	0
Securities Available-for-Sale, Debt Securities, Gross Unrealized Losses	(57)	(105)
Securities Available-for-Sale, Debt Securities, Fair Value	3,842	4,554
Corporate Bonds [Member]
Available-for-sale Securities [Abstract]
Securities Available-for-Sale, Amortized Cost, Within 1 year	9,015	250
Securities Available-for-Sale, Gross Unrealized Gains, Within 1 year	0	0
Securities Available-for-Sale, Gross Unrealized Losses, Within 1 year	(3)	0
Securities Available-for-Sale, Fair Value, Within 1 year	9,012	250
Securities Available-for-Sale, Amortized Cost, After 1 year to 5 years	33,302	35,923
Securities Available-for-Sale, Gross Unrealized Gains, After 1 year to 5 years	87	34
Securities Available-for-Sale, Gross Unrealized Losses, After 1 year to 5 years	(67)	(241)
Securities Available-for-Sale, Fair Value, After 1 year to 5 years	33,322	35,716
Securities Available-for-Sale, Amortized Cost, After 5 years to 10 years	15,176	15,193
Securities Available-for-Sale, Gross Unrealized Gains, After 5 years to 10 years	43	0
Securities Available-for-Sale, Gross Unrealized Losses, After 5 years to 10 years	(215)	(516)
Securities Available-for-Sale, Fair Value, After 5 years to 10 years	15,004	14,677
Securities Available-for-Sale, Amortized Cost, Over 10 years	60,000	60,000
Securities Available-for-Sale, Gross Unrealized Gains, Over 10 years	0	27
Securities Available-for-Sale, Gross Unrealized Losses, Over 10 years	(2,909)	(2,472)
Securities Available-for-Sale, Fair Value, Over 10 years	57,091	57,555
Securities Available-for-Sale, Amortized Cost	117,493	111,366
Securities Available-for-Sale, Debt Securities, Gross Unrealized Gain	130	61
Securities Available-for-Sale, Debt Securities, Gross Unrealized Losses	(3,194)	(3,229)
Securities Available-for-Sale, Debt Securities, Fair Value	114,429	108,198
Money Market Mutual Funds [Member]
Available-for-sale Securities [Abstract]
Securities Available-for-Sale, Amortized Cost	6,624	10,784
Securities Available-for-Sale, Debt Securities, Gross Unrealized Gain	0	0
Securities Available-for-Sale, Debt Securities, Gross Unrealized Losses	0	0
Securities Available-for-Sale, Debt Securities, Fair Value	6,624	10,784
Equity Securities [Member]
Available-for-sale Securities [Abstract]
Equity Securities Available-for-Sale, Amortized Cost	410	411
Equity Securities Available-for-Sale, Gross Unrealized Gains	591	504
Equity Securities Available-for-Sale, Gross Unrealized Loss	(1)	0
Equity Securities Available-for-Sale, Fair Value	1,000	915
U.S. Government Corporations and Agencies [Member]
Held-to-maturity Securities [Abstract]
Securities Held-to-Maturity, Amortized Cost, After 1 year to 5 years	6,995	0
Securities Held-to-Maturity, Gross Unrealized Gains, After 1 year to 5 years	0	0
Securities Held-to-Maturity, Gross Unrealized Losses, After 1 year to 5 years	(10)	0
Securities Held-to-Maturity, Fair Value, After 1 year to 5 years	6,985	0
Securities Held-to-Maturity, Amortized Cost	6,995	0
Securities Held-to-Maturity, Gross Unrealized Gains	0	0
Securities Held-to-Maturity, Gross Unrealized Losses	(10)	0
Securities Held-to-Maturity, Fair Value	6,985	0
Residential Mortgage Backed Securities [Member]
Held-to-maturity Securities [Abstract]
Securities Held-to-Maturity, Amortized Cost, After 5 years to 10 years	9,418	0
Securities Held-to-Maturity, Gross Unrealized Gains, After 5 years to 10 years	3	0
Securities Held-to-Maturity, Gross Unrecognized Losses, After 5 years to 10 years	0	0
Securities Held-to-Maturity, Fair Value, After 5 years to 10 years	9,421	0
Securities Held-to-Maturity, Amortized Cost, Over 10 years	29,129	5,071
Securities Held-to-Maturity, Gross Unrealized Gain, Over 10 years	100	0
Securities Held-to-Maturity, Gross Unrealized Losses, Over 10 years	(2)	(3)
Securities Held-to-Maturity, Fair Value, After 10 Years	29,227	5,068
Securities Held-to-Maturity, Amortized Cost	38,547	5,071
Securities Held-to-Maturity, Gross Unrealized Gains	103	0
Securities Held-to-Maturity, Gross Unrealized Losses	(2)	(3)
Securities Held-to-Maturity, Fair Value	38,648	5,068
Corporate Bonds [Member]
Held-to-maturity Securities [Abstract]
Securities Held-to-Maturity, Amortized Cost, Within 1 year	0	19,810
Securities Held-to-Maturity, Gross Unrealized Gains, Within 1 year	0	2
Securities Held-to-Maturity, Gross Unrealized Losses, Within 1 year	0	(9)
Securities Held-to-Maturity, Fair Value, Within 1 year	0	19,803
Securities Held-to-Maturity, Amortized Cost	0	19,810
Securities Held-to-Maturity, Gross Unrealized Gains	0	2
Securities Held-to-Maturity, Gross Unrealized Losses	0	(9)
Securities Held-to-Maturity, Fair Value	$ 0	$ 19,803

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Investment Securities - Information Related to Sales of Securities Available-for-Sale (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Securities available-for-sale:
Proceeds from sales	$ 3,538	$ 75,265
Gross realized gains on sales	43	568
Gross realized losses on sales	0	81
Tax expense related to net realized gains on sales	$ 15	$ 170

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Investment Securities - Amount of Securities in Unrealized Loss Position (Detail) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than Twelve Months, Fair Value	$ 17,830	$ 14,847
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(12)	(12)
Twelve Months or Longer, Fair Value	0	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Total, Fair Value	17,830	14,847
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss	(12)	(12)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than Twelve Months, Fair Value	204,331	305,950
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(2,935)	(7,470)
Twelve Months or Longer, Fair Value	79,448	36,069
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(2,852)	(1,981)
Total, Fair Value	283,779	342,019
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(5,787)	(9,451)
U.S. Government Corporations and Agencies [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than Twelve Months, Fair Value	6,985
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(10)
Twelve Months or Longer, Fair Value	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0
Total, Fair Value	6,985
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss	(10)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than Twelve Months, Fair Value	16,791	11,850
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(38)	(19)
Twelve Months or Longer, Fair Value	300	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(5)	0
Total, Fair Value	17,091	11,850
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(43)	(19)
State and Political Subdivisions [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than Twelve Months, Fair Value	8,508	40,771
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(35)	(610)
Twelve Months or Longer, Fair Value	4,402	423
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(21)	(6)
Total, Fair Value	12,910	41,194
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(56)	(616)
Residential Mortgage-Backed Securities [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than Twelve Months, Fair Value	10,845	5,068
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(2)	(3)
Twelve Months or Longer, Fair Value	0	0
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Total, Fair Value	10,845	5,068
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss	(2)	(3)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than Twelve Months, Fair Value	136,652	192,782
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(1,955)	(5,482)
Twelve Months or Longer, Fair Value	22,819	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(481)	0
Total, Fair Value	159,471	192,782
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(2,436)	(5,482)
Collateralized Mortgage Obligations [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than Twelve Months, Fair Value	0	2,012
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0	(26)
Twelve Months or Longer, Fair Value	2,167	2,542
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(57)	(79)
Total, Fair Value	2,167	4,554
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(57)	(105)
Corporate Bonds [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than Twelve Months, Fair Value		9,779
Held-to-maturity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss		(9)
Twelve Months or Longer, Fair Value		0
Held-to-maturity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss		0
Total, Fair Value		9,779
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss		(9)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than Twelve Months, Fair Value	42,377	58,535
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(906)	(1,333)
Twelve Months or Longer, Fair Value	49,760	33,104
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(2,288)	(1,896)
Total, Fair Value	92,137	91,639
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(3,194)	$ (3,229)
Equity Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than Twelve Months, Fair Value	3
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(1)
Twelve Months or Longer, Fair Value	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0
Total, Fair Value	3
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ (1)

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Loans and Leases - Narrative (Details)			3 Months Ended			9 Months Ended
	Mar. 31, 2018	Sep. 25, 2017 USD ($)	Dec. 31, 2017 USD ($)	Sep. 30, 2017 USD ($) property	Sep. 30, 2016 USD ($)	Sep. 30, 2017 USD ($) property guarantors	Sep. 30, 2016 USD ($)	Jun. 30, 2017 USD ($)	Dec. 31, 2016 USD ($) property
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable Net of Deferred Income, Acquired				$ 596,183,000		$ 596,183,000			$ 895,054,000
Carrying amount				1,622,000		1,622,000			7,352,000
Charge-offs				3,587,000	$ 2,189,000	6,002,000	$ 5,091,000
Nonaccrual Loans and Leases				15,949,000		15,949,000			17,916,000
Provision for loan losses				2,690,000	1,416,000	7,899,000	2,396,000
Impaired Financing Receivable, Related Allowance				88,000		88,000			235,000
Loans and Leases Receivable				2,890,981,000		2,890,981,000			2,390,832,000
Other accruing impaired loans				4,800,000		4,800,000			23,300,000
Specific reserves for other accruing impaired loans				73,000		73,000			$ 84,000
Impaired Financing Receivable, Recorded Investment				$ 30,560,000		$ 30,560,000
Maximum modification period on short-term basis						1 year
Restructured loan past due period						90 days
Foreclosed consumer residential real estate property | property				0		0			0
Software Lease [Member]
Financing Receivable, Recorded Investment [Line Items]
Charge-offs				$ 2,800,000
Nonaccrual Loans and Leases				5,000,000		$ 5,000,000
Provision for loan losses				1,900,000
Impaired Financing Receivable, Related Allowance								$ 886,000
Litigation Settlement, Number of Guarantors | guarantors						29
Litigation Settlement, Settlement Agreement Date		September 25, 2017
Litigation Settlement, Amount Awarded from Other Party		$ 1,000,000
Litigation Settlement, Subject to Election, Payment Per Guarantor						$ 43,000
Accounts receivable				2,300,000		2,300,000
Other Assets				1,000,000		1,000,000
Lease Financings [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable Net of Deferred Income, Acquired				0		0			$ 0
Charge-offs				3,097,000	176,000	3,681,000	541,000
Nonaccrual Loans and Leases				1,703,000		1,703,000			536,000
Provision for loan losses				2,654,000	$ 184,000	4,015,000	$ 505,000
Impaired Financing Receivable, Related Allowance				0		0
Loans and Leases Receivable				124,138,000		124,138,000			134,739,000
Impaired Financing Receivable, Recorded Investment				1,300,000		1,300,000			$ 0
Fox Chase Bank [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable Net of Deferred Income, Acquired				466,500,000		466,500,000
Carrying amount				832,000		832,000
Valley Green Bank [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable Net of Deferred Income, Acquired				129,700,000		129,700,000
Carrying amount				790,000		790,000
Minimum [Member] | Software Lease [Member]
Financing Receivable, Recorded Investment [Line Items]
Litigation Settlement, Not Subject to Election, Payment Per Guarantor						108,000
Maximum [Member] | Software Lease [Member]
Financing Receivable, Recorded Investment [Line Items]
Litigation Settlement, Amount Awarded from Other Party		$ 1,300,000
Litigation Settlement, Not Subject to Election, Payment Per Guarantor						228,000
Non-Accrual [Member] | Software Lease [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable				$ 1,300,000		$ 1,300,000
Scenario, Forecast [Member]
Financing Receivable, Recorded Investment [Line Items]
Litigation Settlement, Amount Awarded from Other Party			$ 1,000,000
Scenario, Forecast [Member] | Software Lease [Member]
Financing Receivable, Recorded Investment [Line Items]
Litigation Settlement, Election Process Completion, Date	Mar. 31, 2018

XML

Loans and Leases - Summary of Major Loan and Lease Categories (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans and Leases Held for Investment, Originated	$ 2,890,981	$ 2,390,832
Total Loans and Leases Held for Investment, Acquired	596,183	895,054
Total Loans and Leases Held for Investment	3,487,164	3,285,886	$ 3,190,361
Unearned Lease Income, Originated	(13,864)	(15,970)
Unearned Lease Income, Acquired	0	0
Unearned lease income, included in the above table	(13,864)	(15,970)
Net deferred costs, Originated	4,725	4,503
Net deferred costs, Acquired	0	0
Net deferred costs, included in the above table	4,725	4,503
Overdraft Deposits, Originated	68	84
Overdraft Deposits, Acquired	0	0
Overdraft deposits included in the above table	68	84
Commercial, Financial and Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans and Leases Held for Investment, Originated	782,769	663,221
Total Loans and Leases Held for Investment, Acquired	76,448	160,045
Total Loans and Leases Held for Investment	859,217	823,266	783,680
Real Estate-Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans and Leases Held for Investment, Originated	1,176,956	909,581
Total Loans and Leases Held for Investment, Acquired	339,018	465,368
Total Loans and Leases Held for Investment	1,515,974	1,374,949
Real Estate-Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans and Leases Held for Investment, Originated	149,917	142,891
Total Loans and Leases Held for Investment, Acquired	6,156	31,953
Total Loans and Leases Held for Investment	156,073	174,844
Real Estate-Residential Secured for Business Purpose [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans and Leases Held for Investment, Originated	213,811	151,931
Total Loans and Leases Held for Investment, Acquired	96,209	142,137
Total Loans and Leases Held for Investment	310,020	294,068	288,194
Real Estate Residential Secured For Personal Purpose [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans and Leases Held for Investment, Originated	249,283	210,377
Total Loans and Leases Held for Investment, Acquired	66,623	80,431
Total Loans and Leases Held for Investment	315,906	290,808
Real Estate-Home Equity Secured for Personal Purpose [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans and Leases Held for Investment, Originated	166,810	147,982
Total Loans and Leases Held for Investment, Acquired	11,585	14,857
Total Loans and Leases Held for Investment	178,395	162,839
Loans to Individuals [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans and Leases Held for Investment, Originated	27,297	30,110
Total Loans and Leases Held for Investment, Acquired	144	263
Total Loans and Leases Held for Investment	27,441	30,373	30,649
Lease Financings [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans and Leases Held for Investment, Originated	124,138	134,739
Total Loans and Leases Held for Investment, Acquired	0	0
Total Loans and Leases Held for Investment	$ 124,138	$ 134,739	$ 129,885

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Loans and Leases - Acquired Credit Impaired Loans (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Receivables [Abstract]
Outstanding principal balance	$ 2,428		$ 8,993
Carrying amount	1,622		7,352
Allowance for loan losses	0		$ 0
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Beginning of period	50	$ 144
Acquisition of credit impaired loans	0	283
Reclassification from nonaccretable discount	823	318
Accretable discount amortized to interest income	(850)	(501)
Disposals	(4)	(34)
End of period	$ 19	$ 210

XML

Loans and Leases - Age Analysis of Past Due Loans and Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	$ 23,488	$ 23,165
Current	3,462,054	3,255,369
Acquired Credit Impaired	1,622	7,352
Loans and leases held for investment	3,487,164	3,285,886	$ 3,190,361
Recorded Investment 90 Days or more Past Due and Accruing Interest	1,595	987
Valley Green Bank and Fox Chase Bank [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Acquired Credit Impaired	1,622	7,352
Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	12,987	10,625
Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	2,273	4,804
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	8,228	7,736
Commercial, Financial and Agricultural [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	3,295	3,127
Current	855,457	819,550
Loans and leases held for investment	859,217	823,266	783,680
Recorded Investment 90 Days or more Past Due and Accruing Interest	0	0
Commercial, Financial and Agricultural [Member] | Valley Green Bank and Fox Chase Bank [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Acquired Credit Impaired	465	589
Commercial, Financial and Agricultural [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,537	1,536
Commercial, Financial and Agricultural [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	164	256
Commercial, Financial and Agricultural [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,594	1,335
Real Estate-Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	6,362	5,633
Current	1,509,256	1,363,606
Loans and leases held for investment	1,515,974	1,374,949
Recorded Investment 90 Days or more Past Due and Accruing Interest	164	0
Real Estate-Commercial [Member] | Valley Green Bank and Fox Chase Bank [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Acquired Credit Impaired	356	5,710
Real Estate-Commercial [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	4,510	1,482
Real Estate-Commercial [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	164	1,560
Real Estate-Commercial [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,688	2,591
Real Estate-Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,226	202
Current	154,847	174,642
Loans and leases held for investment	156,073	174,844
Recorded Investment 90 Days or more Past Due and Accruing Interest	0	0
Real Estate-Construction [Member] | Valley Green Bank and Fox Chase Bank [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Acquired Credit Impaired	0	0
Real Estate-Construction [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	861	202
Real Estate-Construction [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	0	0
Real Estate-Construction [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	365	0
Real Estate-Residential Secured for Business Purpose [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	2,061	3,357
Current	307,375	289,927
Loans and leases held for investment	310,020	294,068	288,194
Recorded Investment 90 Days or more Past Due and Accruing Interest	0	0
Real Estate-Residential Secured for Business Purpose [Member] | Valley Green Bank and Fox Chase Bank [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Acquired Credit Impaired	584	784
Real Estate-Residential Secured for Business Purpose [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	541	1,390
Real Estate-Residential Secured for Business Purpose [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	265	428
Real Estate-Residential Secured for Business Purpose [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,255	1,539
Real Estate Residential Secured For Personal Purpose [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	3,046	5,027
Current	312,643	285,512
Loans and leases held for investment	315,906	290,808
Recorded Investment 90 Days or more Past Due and Accruing Interest	423	481
Real Estate Residential Secured For Personal Purpose [Member] | Valley Green Bank and Fox Chase Bank [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Acquired Credit Impaired	217	269
Real Estate Residential Secured For Personal Purpose [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	2,428	3,243
Real Estate Residential Secured For Personal Purpose [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	172	905
Real Estate Residential Secured For Personal Purpose [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	446	879
Real Estate-Home Equity Secured for Personal Purpose [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,984	1,380
Current	176,411	161,459
Loans and leases held for investment	178,395	162,839
Recorded Investment 90 Days or more Past Due and Accruing Interest	282	171
Real Estate-Home Equity Secured for Personal Purpose [Member] | Valley Green Bank and Fox Chase Bank [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Acquired Credit Impaired	0	0
Real Estate-Home Equity Secured for Personal Purpose [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,497	717
Real Estate-Home Equity Secured for Personal Purpose [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	36	142
Real Estate-Home Equity Secured for Personal Purpose [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	451	521
Loans to Individuals [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	507	561
Current	26,934	29,812
Loans and leases held for investment	27,441	30,373	30,649
Recorded Investment 90 Days or more Past Due and Accruing Interest	198	142
Loans to Individuals [Member] | Valley Green Bank and Fox Chase Bank [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Acquired Credit Impaired	0	0
Loans to Individuals [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	155	324
Loans to Individuals [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	154	95
Loans to Individuals [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	198	142
Lease Financings [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	5,007	3,878
Current	119,131	130,861
Loans and leases held for investment	124,138	134,739	$ 129,885
Recorded Investment 90 Days or more Past Due and Accruing Interest	528	193
Lease Financings [Member] | Valley Green Bank and Fox Chase Bank [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Acquired Credit Impaired	0	0
Lease Financings [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,458	1,731
Lease Financings [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	1,318	1,418
Lease Financings [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	$ 2,231	$ 729

XML

Loans and Leases - Nonperforming Loans and Leases (Details) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2017 USD ($)	Jun. 30, 2017 USD ($) borrowers	Sep. 30, 2016 USD ($)	Sep. 30, 2017 USD ($)	Sep. 30, 2016 USD ($)	Dec. 31, 2016 USD ($)
Nonperforming Loans and Leases [Line Items]
Nonaccrual Loans and Leases	$ 15,949			$ 15,949		$ 17,916
Accruing Troubled Debt Restructured Loans And Lease Modifications	11,468			11,468		3,252
Recorded Investment 90 Days or more Past Due and Accruing Interest	1,595			1,595		987
Total Nonperforming Loans and Leases	29,012			29,012		22,155
Nonaccrual Troubled Debt Restructured Loans And Lease Modifications	1,700			1,700		1,800
Number of Borrowers | borrowers		1
Commercial, Financial and Agricultural [Member]
Nonperforming Loans and Leases [Line Items]
Nonaccrual Loans and Leases	5,143			5,143		5,746
Accruing Troubled Debt Restructured Loans And Lease Modifications	929			929		967
Recorded Investment 90 Days or more Past Due and Accruing Interest	0			0		0
Total Nonperforming Loans and Leases	6,072			6,072		6,713
Real Estate-Commercial [Member]
Nonperforming Loans and Leases [Line Items]
Nonaccrual Loans and Leases	4,514			4,514		5,651
Accruing Troubled Debt Restructured Loans And Lease Modifications	10,279			10,279		1,519
Recorded Investment 90 Days or more Past Due and Accruing Interest	164			164		0
Total Nonperforming Loans and Leases	14,957			14,957		7,170
Real Estate-Construction [Member]
Nonperforming Loans and Leases [Line Items]
Nonaccrual Loans and Leases	365			365		0
Accruing Troubled Debt Restructured Loans And Lease Modifications	0			0		0
Recorded Investment 90 Days or more Past Due and Accruing Interest	0			0		0
Total Nonperforming Loans and Leases	365			365		0
Real Estate-Residential Secured for Business Purpose [Member]
Nonperforming Loans and Leases [Line Items]
Nonaccrual Loans and Leases	3,333			3,333		4,898
Accruing Troubled Debt Restructured Loans And Lease Modifications	218			218		766
Recorded Investment 90 Days or more Past Due and Accruing Interest	0			0		0
Total Nonperforming Loans and Leases	3,551			3,551		5,664
Real Estate-Residential Secured for Personal Purpose [Member]
Nonperforming Loans and Leases [Line Items]
Nonaccrual Loans and Leases	530			530		560
Accruing Troubled Debt Restructured Loans And Lease Modifications	42			42		0
Recorded Investment 90 Days or more Past Due and Accruing Interest	423			423		481
Total Nonperforming Loans and Leases	995			995		1,041
Real Estate-Home Equity Secured for Personal Purpose [Member]
Nonperforming Loans and Leases [Line Items]
Nonaccrual Loans and Leases	361			361		525
Accruing Troubled Debt Restructured Loans And Lease Modifications	0			0		0
Recorded Investment 90 Days or more Past Due and Accruing Interest	282			282		171
Total Nonperforming Loans and Leases	643			643		696
Loans to Individuals [Member]
Nonperforming Loans and Leases [Line Items]
Nonaccrual Loans and Leases	0			0		0
Accruing Troubled Debt Restructured Loans And Lease Modifications	0			0		0
Recorded Investment 90 Days or more Past Due and Accruing Interest	198			198		142
Total Nonperforming Loans and Leases	198			198		142
Lease Financings [Member]
Nonperforming Loans and Leases [Line Items]
Nonaccrual Loans and Leases	1,703			1,703		536
Accruing Troubled Debt Restructured Loans And Lease Modifications	0			0		0
Recorded Investment 90 Days or more Past Due and Accruing Interest	528			528		193
Total Nonperforming Loans and Leases	2,231			2,231		$ 729
Accrual Troubled Debt Restructuring Loans [Member]
Nonperforming Loans and Leases [Line Items]
Pre- Restructuring Outstanding Recorded Investment	$ 0		$ 0	9,206	$ 1,960
Accrual Troubled Debt Restructuring Loans [Member] | Commercial, Financial and Agricultural [Member]
Nonperforming Loans and Leases [Line Items]
Pre- Restructuring Outstanding Recorded Investment				0	1,545
Accrual Troubled Debt Restructuring Loans [Member] | Real Estate-Commercial [Member]
Nonperforming Loans and Leases [Line Items]
Pre- Restructuring Outstanding Recorded Investment				9,206	0
Accrual Troubled Debt Restructuring Loans [Member] | Real Estate-Residential Secured for Business Purpose [Member]
Nonperforming Loans and Leases [Line Items]
Pre- Restructuring Outstanding Recorded Investment				$ 0	$ 415
Amortization Period Extension [Member] | Accrual Troubled Debt Restructuring Loans [Member]
Nonperforming Loans and Leases [Line Items]
Pre- Restructuring Outstanding Recorded Investment		$ 9,200

XML

Loans and Leases - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	$ 2,890,981	$ 2,390,832
Total Loans and Leases Held for Investment, Acquired	596,183	895,054
Grade: 1. Cash secured/ 2. Fully secured [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	19,208	14,148
Total Loans and Leases Held for Investment, Acquired	1,115	583
Grade: 3. Strong [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	15,628	17,025
Total Loans and Leases Held for Investment, Acquired	0	0
Grade: 4. Satisfactory [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	62,240	74,757
Total Loans and Leases Held for Investment, Acquired	633	5,417
Grade: 5. Acceptable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	1,698,794	1,386,253
Total Loans and Leases Held for Investment, Acquired	337,648	533,598
Grade: 6. Pre-watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	457,968	272,383
Total Loans and Leases Held for Investment, Acquired	162,177	221,113
Grade: 7. Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	13,883	32,772
Total Loans and Leases Held for Investment, Acquired	1,143	14,023
Grade: 8. Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	55,732	70,286
Total Loans and Leases Held for Investment, Acquired	15,115	24,769
Grade: 9. Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Grade: 10. Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Internally Assigned Grades [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	2,323,453	1,867,624
Total Loans and Leases Held for Investment, Acquired	517,831	799,503
Performing Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	564,216	521,472
Total Loans and Leases Held for Investment, Acquired	77,597	94,679
Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	3,312	1,736
Total Loans and Leases Held for Investment, Acquired	755	872
Performing and Nonperforming [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	567,528	523,208
Total Loans and Leases Held for Investment, Acquired	78,352	95,551
Commercial, Financial and Agricultural [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	782,769	663,221
Total Loans and Leases Held for Investment, Acquired	76,448	160,045
Commercial, Financial and Agricultural [Member] | Grade: 1. Cash secured/ 2. Fully secured [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	2,314	272
Total Loans and Leases Held for Investment, Acquired	1,115	583
Commercial, Financial and Agricultural [Member] | Grade: 3. Strong [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	13,707	14,980
Total Loans and Leases Held for Investment, Acquired	0	0
Commercial, Financial and Agricultural [Member] | Grade: 4. Satisfactory [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	31,732	35,529
Total Loans and Leases Held for Investment, Acquired	132	4,399
Commercial, Financial and Agricultural [Member] | Grade: 5. Acceptable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	537,421	465,675
Total Loans and Leases Held for Investment, Acquired	62,601	113,512
Commercial, Financial and Agricultural [Member] | Grade: 6. Pre-watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	174,775	113,499
Total Loans and Leases Held for Investment, Acquired	7,206	31,697
Commercial, Financial and Agricultural [Member] | Grade: 7. Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	1,891	8,820
Total Loans and Leases Held for Investment, Acquired	0	73
Commercial, Financial and Agricultural [Member] | Grade: 8. Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	20,929	24,446
Total Loans and Leases Held for Investment, Acquired	5,394	9,781
Commercial, Financial and Agricultural [Member] | Grade: 9. Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Commercial, Financial and Agricultural [Member] | Grade: 10. Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Commercial, Financial and Agricultural [Member] | Internally Assigned Grades [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	782,769	663,221
Total Loans and Leases Held for Investment, Acquired	76,448	160,045
Real Estate-Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	1,176,956	909,581
Total Loans and Leases Held for Investment, Acquired	339,018	465,368
Real Estate-Commercial [Member] | Grade: 1. Cash secured/ 2. Fully secured [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Commercial [Member] | Grade: 3. Strong [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	1,921	2,045
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Commercial [Member] | Grade: 4. Satisfactory [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	30,158	38,861
Total Loans and Leases Held for Investment, Acquired	501	1,018
Real Estate-Commercial [Member] | Grade: 5. Acceptable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	901,571	676,212
Total Loans and Leases Held for Investment, Acquired	199,298	282,199
Real Estate-Commercial [Member] | Grade: 6. Pre-watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	203,340	128,646
Total Loans and Leases Held for Investment, Acquired	130,897	163,623
Real Estate-Commercial [Member] | Grade: 7. Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	10,499	22,439
Total Loans and Leases Held for Investment, Acquired	1,143	7,705
Real Estate-Commercial [Member] | Grade: 8. Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	29,467	41,378
Total Loans and Leases Held for Investment, Acquired	7,179	10,823
Real Estate-Commercial [Member] | Grade: 9. Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Commercial [Member] | Grade: 10. Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Commercial [Member] | Internally Assigned Grades [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	1,176,956	909,581
Total Loans and Leases Held for Investment, Acquired	339,018	465,368
Real Estate-Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	149,917	142,891
Total Loans and Leases Held for Investment, Acquired	6,156	31,953
Real Estate-Construction [Member] | Grade: 1. Cash secured/ 2. Fully secured [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	15,194	13,714
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Construction [Member] | Grade: 3. Strong [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Construction [Member] | Grade: 4. Satisfactory [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Construction [Member] | Grade: 5. Acceptable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	74,898	110,650
Total Loans and Leases Held for Investment, Acquired	0	20,565
Real Estate-Construction [Member] | Grade: 6. Pre-watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	58,266	18,213
Total Loans and Leases Held for Investment, Acquired	6,156	11,388
Real Estate-Construction [Member] | Grade: 7. Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	1,194	314
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Construction [Member] | Grade: 8. Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	365	0
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Construction [Member] | Grade: 9. Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Construction [Member] | Grade: 10. Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Construction [Member] | Internally Assigned Grades [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	149,917	142,891
Total Loans and Leases Held for Investment, Acquired	6,156	31,953
Real Estate-Residential Secured for Business Purpose [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	213,811	151,931
Total Loans and Leases Held for Investment, Acquired	96,209	142,137
Real Estate-Residential Secured for Business Purpose [Member] | Grade: 1. Cash secured/ 2. Fully secured [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	1,700	162
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Residential Secured for Business Purpose [Member] | Grade: 3. Strong [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Residential Secured for Business Purpose [Member] | Grade: 4. Satisfactory [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	350	367
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Residential Secured for Business Purpose [Member] | Grade: 5. Acceptable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	184,904	133,716
Total Loans and Leases Held for Investment, Acquired	75,749	117,322
Real Estate-Residential Secured for Business Purpose [Member] | Grade: 6. Pre-watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	21,587	12,025
Total Loans and Leases Held for Investment, Acquired	17,918	14,405
Real Estate-Residential Secured for Business Purpose [Member] | Grade: 7. Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	299	1,199
Total Loans and Leases Held for Investment, Acquired	0	6,245
Real Estate-Residential Secured for Business Purpose [Member] | Grade: 8. Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	4,971	4,462
Total Loans and Leases Held for Investment, Acquired	2,542	4,165
Real Estate-Residential Secured for Business Purpose [Member] | Grade: 9. Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Residential Secured for Business Purpose [Member] | Grade: 10. Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	0	0
Total Loans and Leases Held for Investment, Acquired	0	0
Real Estate-Residential Secured for Business Purpose [Member] | Internally Assigned Grades [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	213,811	151,931
Total Loans and Leases Held for Investment, Acquired	96,209	142,137
Real Estate Residential Secured For Personal Purpose [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	249,283	210,377
Total Loans and Leases Held for Investment, Acquired	66,623	80,431
Real Estate Residential Secured For Personal Purpose [Member] | Performing Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	248,796	210,208
Total Loans and Leases Held for Investment, Acquired	66,115	79,559
Real Estate Residential Secured For Personal Purpose [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	487	169
Total Loans and Leases Held for Investment, Acquired	508	872
Real Estate Residential Secured For Personal Purpose [Member] | Performing and Nonperforming [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	249,283	210,377
Total Loans and Leases Held for Investment, Acquired	66,623	80,431
Real Estate-Home Equity Secured for Personal Purpose [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	166,810	147,982
Total Loans and Leases Held for Investment, Acquired	11,585	14,857
Real Estate-Home Equity Secured for Personal Purpose [Member] | Performing Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	166,414	147,286
Total Loans and Leases Held for Investment, Acquired	11,338	14,857
Real Estate-Home Equity Secured for Personal Purpose [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	396	696
Total Loans and Leases Held for Investment, Acquired	247	0
Real Estate-Home Equity Secured for Personal Purpose [Member] | Performing and Nonperforming [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	166,810	147,982
Total Loans and Leases Held for Investment, Acquired	11,585	14,857
Loans to Individuals [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	27,297	30,110
Total Loans and Leases Held for Investment, Acquired	144	263
Loans to Individuals [Member] | Performing Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	27,099	29,968
Total Loans and Leases Held for Investment, Acquired	144	263
Loans to Individuals [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	198	142
Total Loans and Leases Held for Investment, Acquired	0	0
Loans to Individuals [Member] | Performing and Nonperforming [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	27,297	30,110
Total Loans and Leases Held for Investment, Acquired	144	263
Lease Financings [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	124,138	134,739
Total Loans and Leases Held for Investment, Acquired	0	0
Lease Financings [Member] | Performing Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	121,907	134,010
Total Loans and Leases Held for Investment, Acquired	0	0
Lease Financings [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	2,231	729
Total Loans and Leases Held for Investment, Acquired	0	0
Lease Financings [Member] | Performing and Nonperforming [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans and Leases Held for Investment, Originated	124,138	134,739
Total Loans and Leases Held for Investment, Acquired	$ 0	$ 0

XML

Loans and Leases - Reserve for Loan and Lease Losses Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	$ 20,910	$ 17,153	$ 17,499	$ 17,628
Charge-offs	(3,587)	(2,189)	(6,002)	(5,091)
Recoveries	531	520	1,146	1,791
Provision (recovery of provision)	2,690	1,416	7,899	2,396
Provision for acquired credit impaired loans	(1)	(1)	1	175
Ending balance	20,543	16,899	20,543	16,899
Commercial, Financial and Agricultural [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	8,313	5,788	7,037	6,418
Charge-offs	(290)	(1,753)	(576)	(3,580)
Recoveries	325	351	722	1,316
Provision (recovery of provision)	(1,732)	1,300	(567)	1,532
Provision for acquired credit impaired loans	0	0	0	0
Ending balance	6,616	5,686	6,616	5,686
Real Estate-Commercial and Construction [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	8,468	7,549	7,505	6,572
Charge-offs	0	(100)	(30)	(305)
Recoveries	1	83	4	99
Provision (recovery of provision)	787	(388)	1,777	600
Provision for acquired credit impaired loans	0	0	0	178
Ending balance	9,256	7,144	9,256	7,144
Real Estate-Residential Secured for Business Purpose [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,129	56	774	763
Charge-offs	(56)	(3)	(1,237)	(268)
Recoveries	29	9	47	62
Provision (recovery of provision)	204	(32)	1,722	(527)
Provision for acquired credit impaired loans	(1)	0	(1)	0
Ending balance	1,305	30	1,305	30
Real Estate-Residential and Home Equity Secured for Personal Purpose [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	974	1,301	993	1,575
Charge-offs	(83)	(34)	(177)	(90)
Recoveries	68	15	89	66
Provision (recovery of provision)	756	268	808	1
Provision for acquired credit impaired loans	0	(1)	2	(3)
Ending balance	1,715	1,549	1,715	1,549
Loans to Individuals [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	329	411	364	346
Charge-offs	(61)	(123)	(301)	(307)
Recoveries	35	28	116	91
Provision (recovery of provision)	51	114	175	300
Provision for acquired credit impaired loans	0	0	0	0
Ending balance	354	430	354	430
Lease Financings [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,660	1,121	788	1,042
Charge-offs	(3,097)	(176)	(3,681)	(541)
Recoveries	73	34	168	157
Provision (recovery of provision)	2,654	184	4,015	505
Provision for acquired credit impaired loans	0	0	0	0
Ending balance	1,290	1,163	1,290	1,163
Unallocated Financing Receivables [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	37	927	38	912
Provision (recovery of provision)	(30)	(30)	(31)	(15)
Provision for acquired credit impaired loans	0	0	0	0
Ending balance	$ 7	$ 897	$ 7	$ 897

XML

Loans and Leases - Reserve for Loan and Lease Losses and Recorded Investment in Loans and Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	$ 88			$ 5
Ending balance: collectively evaluated for impairment	20,455			16,894
Total ending balance	20,543	$ 20,910	$ 17,499	16,899	$ 17,153	$ 17,628
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	31,810			38,979
Ending balance: collectively evaluated for impairment	2,857,157			2,167,396
Loans measured at fair value	2,014			2,234
Acquired non-credit impaired loans	594,561			967,177
Acquired credit impaired loans	1,622			14,575
Total Loans and Leases Held for Investment	3,487,164		3,285,886	3,190,361
Commercial, Financial and Agricultural [Member]
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	15			0
Ending balance: collectively evaluated for impairment	6,601			5,686
Total ending balance	6,616	8,313	7,037	5,686	5,788	6,418
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	7,883			10,273
Ending balance: collectively evaluated for impairment	774,886			587,901
Loans measured at fair value	0			0
Acquired non-credit impaired loans	75,983			184,784
Acquired credit impaired loans	465			722
Total Loans and Leases Held for Investment	859,217		823,266	783,680
Real Estate-Commercial and Construction [Member]
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	40			0
Ending balance: collectively evaluated for impairment	9,216			7,144
Total ending balance	9,256	8,468	7,505	7,144	7,549	6,572
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	17,274			23,014
Ending balance: collectively evaluated for impairment	1,307,585			950,730
Loans measured at fair value	2,014			2,234
Acquired non-credit impaired loans	344,818			525,944
Acquired credit impaired loans	356			12,451
Total Loans and Leases Held for Investment	1,672,047			1,514,373
Real Estate-Residential Secured for Business Purpose [Member]
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	33			5
Ending balance: collectively evaluated for impairment	1,272			25
Total ending balance	1,305	1,129	774	30	56	763
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	4,471			4,614
Ending balance: collectively evaluated for impairment	209,340			127,096
Loans measured at fair value	0			0
Acquired non-credit impaired loans	95,625			155,348
Acquired credit impaired loans	584			1,136
Total Loans and Leases Held for Investment	310,020		294,068	288,194
Real Estate-Residential and Home Equity Secured for Personal Purpose [Member]
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	0			0
Ending balance: collectively evaluated for impairment	1,715			1,549
Total ending balance	1,715	974	993	1,549	1,301	1,575
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	932			1,078
Ending balance: collectively evaluated for impairment	415,161			341,647
Loans measured at fair value	0			0
Acquired non-credit impaired loans	77,991			100,589
Acquired credit impaired loans	217			266
Total Loans and Leases Held for Investment	494,301			443,580
Loans to Individuals [Member]
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	0			0
Ending balance: collectively evaluated for impairment	354			430
Total ending balance	354	329	364	430	411	346
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	0			0
Ending balance: collectively evaluated for impairment	27,297			30,137
Loans measured at fair value	0			0
Acquired non-credit impaired loans	144			512
Acquired credit impaired loans	0			0
Total Loans and Leases Held for Investment	27,441		30,373	30,649
Lease Financings [Member]
Reserve for loan and lease losses:
Ending balance: individually evaluated for impairment	0			0
Ending balance: collectively evaluated for impairment	1,290			1,163
Total ending balance	1,290	1,660	788	1,163	1,121	1,042
Loans and leases held for investment:
Ending balance: individually evaluated for impairment	1,250			0
Ending balance: collectively evaluated for impairment	122,888			129,885
Loans measured at fair value	0			0
Acquired non-credit impaired loans	0			0
Acquired credit impaired loans	0			0
Total Loans and Leases Held for Investment	124,138		134,739	129,885
Unallocated Financing Receivables [Member]
Reserve for loan and lease losses:
Ending balance: collectively evaluated for impairment	7			897
Total ending balance	$ 7	$ 37	$ 38	$ 897	$ 927	$ 912

XML

Loans and Leases - Impaired Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	$ 28,678	$ 42,169
Impaired loans with an allowance recorded, Recorded Investment	1,882	1,746
Impaired loans with no related allowance, Unpaid Principal Balance	32,348	45,278
Impaired loans with an allowance recorded, Unpaid Principal Balance	1,886	1,868
Total impaired loans, Recorded Investment	30,560
Total impaired loans, Unpaid Principal Balance	34,234	47,146
Impaired Financing Receivable, Related Allowance	88	235
Commercial, Financial and Agricultural [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	7,721	10,911
Impaired loans with an allowance recorded, Recorded Investment	162	166
Impaired loans with no related allowance, Unpaid Principal Balance	9,332	12,561
Impaired loans with an allowance recorded, Unpaid Principal Balance	165	166
Total impaired loans, Recorded Investment	7,883	11,077
Total impaired loans, Unpaid Principal Balance	9,497	12,727
Impaired Financing Receivable, Related Allowance	15	19
Real Estate-Commercial [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	15,727	24,469
Impaired loans with an allowance recorded, Recorded Investment	1,182	597
Impaired loans with no related allowance, Unpaid Principal Balance	16,616	25,342
Impaired loans with an allowance recorded, Unpaid Principal Balance	1,182	597
Total impaired loans, Recorded Investment	16,909	25,066
Total impaired loans, Unpaid Principal Balance	17,798	25,939
Impaired Financing Receivable, Related Allowance	40	25
Real Estate-Construction [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	365	0
Impaired loans with no related allowance, Unpaid Principal Balance	365	0
Total impaired loans, Recorded Investment	365	0
Total impaired loans, Unpaid Principal Balance	365	0
Impaired Financing Receivable, Related Allowance	0	0
Real Estate-Residential Secured for Business Purpose [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	3,933	5,704
Impaired loans with an allowance recorded, Recorded Investment	538	983
Impaired loans with no related allowance, Unpaid Principal Balance	5,040	6,253
Impaired loans with an allowance recorded, Unpaid Principal Balance	539	1,105
Total impaired loans, Recorded Investment	4,471	6,687
Total impaired loans, Unpaid Principal Balance	5,579	7,358
Impaired Financing Receivable, Related Allowance	33	191
Real Estate Residential Secured For Personal Purpose [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	572	560
Impaired loans with no related allowance, Unpaid Principal Balance	628	594
Total impaired loans, Recorded Investment	572	560
Total impaired loans, Unpaid Principal Balance	628	594
Impaired Financing Receivable, Related Allowance	0	0
Real Estate-Home Equity Secured for Personal Purpose [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	360	525
Impaired loans with no related allowance, Unpaid Principal Balance	367	528
Total impaired loans, Recorded Investment	360	525
Total impaired loans, Unpaid Principal Balance	367	528
Impaired Financing Receivable, Related Allowance	$ 0	$ 0

XML

Loans and Leases - Average Recorded Investment in Impaired Loans and Leases and Analysis of Interest on Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	$ 33,661	$ 42,412	$ 37,442	$ 45,290
Interest Income Recognized	270	346	835	1,112
Additional Interest Income That Would Have Been Recognized Under Original Terms	213	213	686	641
Interest income, cash basis for nonaccrual loans	0	0	4	7
Interest income, accrual method	270	346	831	1,105
Commercial, Financial and Agricultural [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	10,211	12,880	11,030	13,233
Interest Income Recognized	52	62	162	204
Additional Interest Income That Would Have Been Recognized Under Original Terms	92	108	263	281
Real Estate-Commercial [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	18,583	25,309	21,120	27,346
Interest Income Recognized	201	273	618	859
Additional Interest Income That Would Have Been Recognized Under Original Terms	69	58	223	186
Real Estate-Construction [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	365	0	219	0
Interest Income Recognized	0	0	0	0
Additional Interest Income That Would Have Been Recognized Under Original Terms	5	0	15	0
Real Estate-Residential Secured for Business Purpose [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	3,579	3,178	4,053	3,818
Interest Income Recognized	16	11	53	47
Additional Interest Income That Would Have Been Recognized Under Original Terms	34	34	139	141
Real Estate Residential Secured For Personal Purpose [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	635	447	629	485
Interest Income Recognized	1	0	2	2
Additional Interest Income That Would Have Been Recognized Under Original Terms	8	6	31	15
Real Estate-Home Equity Secured for Personal Purpose [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	288	598	391	408
Interest Income Recognized	0	0	0	0
Additional Interest Income That Would Have Been Recognized Under Original Terms	$ 5	$ 7	$ 15	$ 18

XML

Loans and Leases - Troubled Debt Restructured Loans (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017 USD ($) loan	Sep. 30, 2016 USD ($) loan	Sep. 30, 2017 USD ($) loan	Sep. 30, 2016 USD ($) loan
Accrual Troubled Debt Restructuring Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	0	0	3	2
Pre- Restructuring Outstanding Recorded Investment	$ 0	$ 0	$ 9,206	$ 1,960
Post- Restructuring Outstanding Recorded Investment	0	0	9,206	1,960
Related Reserve	$ 0	$ 0	$ 0	$ 0
Nonaccrual Troubled Debt Restructuring Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	0	1	1	1
Pre- Restructuring Outstanding Recorded Investment	$ 0	$ 34	$ 328	$ 34
Post- Restructuring Outstanding Recorded Investment	0	34	328	34
Related Reserve	$ 0	$ 0	$ 0	$ 0
Commercial, Financial and Agricultural [Member] | Accrual Troubled Debt Restructuring Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | loan			0	1
Pre- Restructuring Outstanding Recorded Investment			$ 0	$ 1,545
Post- Restructuring Outstanding Recorded Investment			0	1,545
Related Reserve			$ 0	$ 0
Real Estate-Commercial [Member] | Accrual Troubled Debt Restructuring Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | loan			3	0
Pre- Restructuring Outstanding Recorded Investment			$ 9,206	$ 0
Post- Restructuring Outstanding Recorded Investment			9,206	0
Related Reserve			$ 0	$ 0
Real Estate-Commercial [Member] | Nonaccrual Troubled Debt Restructuring Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | loan			1	0
Pre- Restructuring Outstanding Recorded Investment			$ 328	$ 0
Post- Restructuring Outstanding Recorded Investment			328	0
Related Reserve			$ 0	$ 0
Real Estate-Residential Secured for Business Purpose [Member] | Accrual Troubled Debt Restructuring Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | loan			0	1
Pre- Restructuring Outstanding Recorded Investment			$ 0	$ 415
Post- Restructuring Outstanding Recorded Investment			0	415
Related Reserve			$ 0	$ 0
Real Estate Residential Secured For Personal Purpose [Member] | Nonaccrual Troubled Debt Restructuring Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	0	1	0	1
Pre- Restructuring Outstanding Recorded Investment	$ 0	$ 34	$ 0	$ 34
Post- Restructuring Outstanding Recorded Investment	0	34	0	34
Related Reserve	$ 0	$ 0	$ 0	$ 0

XML

Loans and Leases - Concessions Granted on Accruing and Nonaccrual Loans Restructured (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017 USD ($) loan	Sep. 30, 2016 USD ($) loan	Sep. 30, 2017 USD ($) loan	Sep. 30, 2016 USD ($) loan
Accrual Troubled Debt Restructuring Loans [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan	0	0	3	2
Amount | $	$ 0	$ 0	$ 9,206	$ 1,960
Accrual Troubled Debt Restructuring Loans [Member] | Interest Only Terms Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan	0	0	0	1
Amount | $	$ 0	$ 0	$ 0	$ 415
Accrual Troubled Debt Restructuring Loans [Member] | Extended Maturity [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan	0	0	0	0
Amount | $	$ 0	$ 0	$ 0	$ 0
Accrual Troubled Debt Restructuring Loans [Member] | Amortization Period Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan	0	0	3	1
Amount | $	$ 0	$ 0	$ 9,206	$ 1,545
Nonaccrual Troubled Debt Restructuring Loans [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan	0	1	1	1
Amount | $	$ 0	$ 34	$ 328	$ 34
Nonaccrual Troubled Debt Restructuring Loans [Member] | Interest Only Terms Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan	0	0	0	0
Amount | $	$ 0	$ 0	$ 0	$ 0
Nonaccrual Troubled Debt Restructuring Loans [Member] | Extended Maturity [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan	0	1	1	1
Amount | $	$ 0	$ 34	$ 328	$ 34
Nonaccrual Troubled Debt Restructuring Loans [Member] | Amortization Period Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan	0	0	0	0
Amount | $	$ 0	$ 0	$ 0	$ 0
Real Estate-Commercial [Member] | Accrual Troubled Debt Restructuring Loans [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan			3	0
Amount | $			$ 9,206
Real Estate-Commercial [Member] | Accrual Troubled Debt Restructuring Loans [Member] | Interest Only Terms Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan			0
Amount | $			$ 0
Real Estate-Commercial [Member] | Accrual Troubled Debt Restructuring Loans [Member] | Extended Maturity [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan			0
Amount | $			$ 0
Real Estate-Commercial [Member] | Accrual Troubled Debt Restructuring Loans [Member] | Amortization Period Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan			3
Amount | $			$ 9,206
Real Estate-Commercial [Member] | Nonaccrual Troubled Debt Restructuring Loans [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan			1	0
Amount | $			$ 328
Real Estate-Commercial [Member] | Nonaccrual Troubled Debt Restructuring Loans [Member] | Interest Only Terms Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan			0
Amount | $			$ 0
Real Estate-Commercial [Member] | Nonaccrual Troubled Debt Restructuring Loans [Member] | Extended Maturity [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan			1
Amount | $			$ 328
Real Estate-Commercial [Member] | Nonaccrual Troubled Debt Restructuring Loans [Member] | Amortization Period Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan			0
Amount | $			$ 0
Real Estate-Residential Secured for Business Purpose [Member] | Accrual Troubled Debt Restructuring Loans [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan			0	1
Amount | $				$ 415
Real Estate-Residential Secured for Business Purpose [Member] | Accrual Troubled Debt Restructuring Loans [Member] | Interest Only Terms Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan				1
Amount | $				$ 415
Real Estate-Residential Secured for Business Purpose [Member] | Accrual Troubled Debt Restructuring Loans [Member] | Extended Maturity [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan				0
Amount | $				$ 0
Real Estate-Residential Secured for Business Purpose [Member] | Accrual Troubled Debt Restructuring Loans [Member] | Amortization Period Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan				0
Amount | $				$ 0
Commercial, Financial and Agricultural [Member] | Accrual Troubled Debt Restructuring Loans [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan			0	1
Amount | $				$ 1,545
Commercial, Financial and Agricultural [Member] | Accrual Troubled Debt Restructuring Loans [Member] | Interest Only Terms Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan				0
Amount | $				$ 0
Commercial, Financial and Agricultural [Member] | Accrual Troubled Debt Restructuring Loans [Member] | Extended Maturity [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan				0
Amount | $				$ 0
Commercial, Financial and Agricultural [Member] | Accrual Troubled Debt Restructuring Loans [Member] | Amortization Period Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan				1
Amount | $				$ 1,545
Real Estate Residential Secured For Personal Purpose [Member] | Nonaccrual Troubled Debt Restructuring Loans [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan	0	1	0	1
Amount | $		$ 34		$ 34
Real Estate Residential Secured For Personal Purpose [Member] | Nonaccrual Troubled Debt Restructuring Loans [Member] | Interest Only Terms Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan		0		0
Amount | $		$ 0		$ 0
Real Estate Residential Secured For Personal Purpose [Member] | Nonaccrual Troubled Debt Restructuring Loans [Member] | Extended Maturity [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan		1		1
Amount | $		$ 34		$ 34
Real Estate Residential Secured For Personal Purpose [Member] | Nonaccrual Troubled Debt Restructuring Loans [Member] | Amortization Period Extension [Member]
Concessions granted on accruing and non-accrual loans restructured
No. of Loans | loan		0		0
Amount | $		$ 0		$ 0

XML

Loans and Leases - Accruing and Nonaccruing Troubled Debt Restructured Loans with Payment Defaults (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017 USD ($) loan	Sep. 30, 2016 USD ($) loan	Sep. 30, 2017 USD ($) loan	Sep. 30, 2016 USD ($) loan
Accrual Troubled Debt Restructuring Loans [Member]
Accruing and nonaccrual troubled debt restructured loans with payment default
Number of Loans | loan	0	0	0	0
Recorded Investment | $	$ 0	$ 0	$ 0	$ 0
Nonaccrual Troubled Debt Restructuring Loans [Member]
Accruing and nonaccrual troubled debt restructured loans with payment default
Number of Loans | loan	0	1	0	1
Recorded Investment | $	$ 0	$ 34	$ 0	$ 34
Nonaccrual Troubled Debt Restructuring Loans [Member] | Real Estate Residential Secured For Personal Purpose [Member]
Accruing and nonaccrual troubled debt restructured loans with payment default
Number of Loans | loan	0	1	0	1
Recorded Investment | $	$ 0	$ 34	$ 0	$ 34

XML

Loans and Leases - Mortgages in Process of Foreclosure (Details) - Residential Real Estate [Member] - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Financing Receivable, Modifications [Line Items]
Mortgage Loans in Process of Foreclosure, Amount	$ 0	$ 180
Real Estate-Home Equity Secured for Personal Purpose [Member]
Financing Receivable, Modifications [Line Items]
Mortgage Loans in Process of Foreclosure, Amount	$ 0	$ 180

XML

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Range of discount rates used for valuation of mortgage servicing rights	10.00%	10.00%
Mortgage Servicing Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Aggregate fair value of servicing rights	$ 9,500	$ 9,500
SBA Servicing Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Aggregate fair value of servicing rights	$ 16	$ 0

XML

Goodwill and Other Intangible Assets - Summary of Changes in Carrying Amount of Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2017 USD ($)
Goodwill [Line Items]
Goodwill, Beginning Balance	$ 172,559
Goodwill, Acquired During Period	0
Goodwill, Ending Balance	172,559
Banking [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	138,476
Goodwill, Acquired During Period	0
Goodwill, Ending Balance	138,476
Wealth Management [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	15,434
Goodwill, Acquired During Period	0
Goodwill, Ending Balance	15,434
Insurance [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	18,649
Goodwill, Acquired During Period	0
Goodwill, Ending Balance	$ 18,649

XML

Goodwill and Other Intangible Assets - Components of Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 35,353	$ 34,248
Accumulated Amortization and Fair Value Adjustments	20,786	17,597
Net Carrying Amount	14,567	16,651
Covenants Not To Compete [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	710	710
Accumulated Amortization and Fair Value Adjustments	495	205
Net Carrying Amount	215	505
Core Deposits [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	6,788	6,788
Accumulated Amortization and Fair Value Adjustments	1,864	1,004
Net Carrying Amount	4,924	5,784
Customer Related Intangibles [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	12,381	12,381
Accumulated Amortization and Fair Value Adjustments	9,509	8,504
Net Carrying Amount	2,872	3,877
Servicing Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	15,474	14,369
Accumulated Amortization and Fair Value Adjustments	8,918	7,884
Net Carrying Amount	$ 6,556	$ 6,485

XML

Goodwill and Other Intangible Assets - Estimated Amortization Expense for Covenants Not To Compete and Core Deposit and Customer Related Intangibles (Details) $ in Thousands	Sep. 30, 2017 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2017	$ 674
2018	2,115
2019	1,565
2020	1,200
2021	923
Thereafter	$ 1,534

XML

Goodwill and Other Intangible Assets - Changes in Servicing Rights (Details) - Servicing Rights [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Beginning of period	$ 6,548	$ 5,896	$ 6,485	$ 5,877
Servicing rights capitalized	376	652	1,106	1,429
Acquired servicing rights	0	87	0	87
Amortization of servicing rights	(368)	(468)	(1,035)	(1,226)
Changes in valuation allowance	0	0	0	0
End of period	6,556	6,167	6,556	6,167
Residential mortgage and SBA loans serviced for others	$ 997,169	$ 933,470	$ 997,169	$ 933,470

XML

Goodwill and Other Intangible Assets - Estimated Amortization Expense of Servicing Rights (Details) $ in Thousands	Sep. 30, 2017 USD ($)
Finite-Lived Intangible Assets [Line Items]
Remainder of 2017	$ 674
2018	2,115
2019	1,565
2020	1,200
2021	923
Thereafter	1,534
Servicing Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Remainder of 2017	989
2018	857
2019	737
2020	632
2021	542
Thereafter	$ 2,799

XML

Borrowings - Additional Information (Detail) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 1,400,000,000
Outstanding short term letters of credit	328,800,000	$ 148,500,000
Amount of maintained federal fund lines of credit with correspondent banks	367,000,000	302,000,000
Investment securities collateral for Federal Reserve Bank Discount Window Lending program	52,500,000	55,700,000
Outstanding amount of federal fund line of credit with Federal Reserve Bank of Philadelphia	0	$ 0
Amount of maintained line of credit with correspondent bank - parent company	10,000,000
Outstanding amount of line of credit with correspondent bank - parent company	0
Securities Sold under Agreements to Repurchase [Member]
Debt Instrument [Line Items]
Long-term debt with fixed interest rate	5,100,000
Securities Sold under Agreements to Repurchase [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Long-term debt with variable interest rate	$ 25,800,000

XML

Borrowings - Summary of Borrowings By Type (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Schedule of Borrowings [Line Items]
Balance at End of Period	$ 32,091	$ 196,171
Balance at End of Period	206,168	127,522
Federal Home Loan Bank Advances [Member]
Schedule of Borrowings [Line Items]
Balance at End of Period	$ 175,256	$ 96,248
Weighted Average Interest Rate	1.50%	0.94%
Securities Sold under Agreements to Repurchase [Member]
Schedule of Borrowings [Line Items]
Balance at End of Period	$ 30,912	$ 31,274
Weighted Average Interest Rate	1.39%	0.91%
Subordinated Debt [Member]
Schedule of Borrowings [Line Items]
Balance at End of Period	$ 94,270	$ 94,087
Weighted Average Interest Rate	5.35%	5.36%
Federal Home Loan Bank Advances [Member]
Schedule of Borrowings [Line Items]
Balance at End of Period	$ 11,000	$ 91,300
Weighted Average Interest Rate	1.27%	0.74%
Federal Funds Purchased [Member]
Schedule of Borrowings [Line Items]
Balance at End of Period	$ 0	$ 80,000
Weighted Average Interest Rate	0.00%	0.81%
Securities Sold under Agreements to Repurchase [Member]
Schedule of Borrowings [Line Items]
Balance at End of Period	$ 21,091	$ 24,871
Weighted Average Interest Rate	0.05%	0.05%

XML

Borrowings - Schedule of Maturities of Long-term FHLB Advances (Details) $ in Thousands	Sep. 30, 2017 USD ($)
Federal Home Loan Bank, Advances, Fiscal Year Maturity [Abstract]
Remainder of 2017	$ 50,204
2018	10,052
2019	10,000
2020	40,000
2021	55,000
Thereafter	10,000
Total Advances	$ 175,256
Federal Home Loan Bank, Advances, Maturities Summary, Average Interest Rate of Amounts Due [Abstract]
Remainder of 2017 Weighted average interest rate	0.93%
2018 Weighted average interest rate	0.69%
2019 Weighted average interest rate	1.35%
2020 Weighted average interest rate	1.70%
2021 Weighted average interest rate	1.94%
Thereafter Weighted average interest rate	2.09%
Weighted average interest rate	1.50%

XML

Borrowings - Schedule of Maturities of Other Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Long-term Debt, Fiscal Year Maturity [Abstract]
Balance at End of Period	$ 206,168	$ 127,522
Securities Sold under Agreements to Repurchase [Member]
Long-term Debt, Fiscal Year Maturity [Abstract]
Remainder of 2017	0
2018	10,244
2019	10,304
2020	10,364
2021	0
Thereafter	0
Balance at End of Period	$ 30,912	$ 31,274
Long-term Debt, Other Disclosures [Abstract]
Remainder of 2017 Weighted average interest rate	0.00%
2018 Weighted average interest rate	1.06%
2019 Weighted average interest rate	1.55%
2020 Weighted average interest rate	1.56%
2021 Weighted average interest rate	0.00%
Thereafter Weighted average interest rate	0.00%
Weighted average interest rate	1.39%	0.91%

XML

Retirement Plans and Other Postretirement Benefits - Narrative (Details) - USD ($) $ in Thousands		9 Months Ended
	Jul. 24, 2017	Sep. 30, 2017	Dec. 31, 2016
Defined Benefit Plan Disclosure [Line Items]
Employee hire date no longer eligible for noncontributory retirement plan		Dec. 08, 2009
Defined benefit plan, contributions by employer	$ 2,000
Other Post Retirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected employer contributions for next fiscal year			$ 121
Defined benefit plan, contributions by employer		$ 86
Defined benefit plan, benefits paid		86
Nonqualified Plan [Member] | Retirement Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected employer contributions for next fiscal year			$ 160
Defined benefit plan, contributions by employer		120
Defined benefit plan, benefits paid		$ 2,000

XML

Retirement Plans and Other Postretirement Benefits - Components of Net Periodic Benefit Cost (Income) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Retirement Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 124	$ 160	$ 399	$ 501
Interest cost	487	516	1,439	1,553
Expected return on plan assets	(797)	(731)	(2,298)	(2,238)
Amortization of net actuarial loss	309	313	886	958
Accretion of prior service cost	(71)	(71)	(212)	(212)
Net periodic benefit cost	52	187	214	562
Other Post Retirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	12	11	36	34
Interest cost	29	23	88	89
Expected return on plan assets	0	0	0	0
Amortization of net actuarial loss	11	17	32	30
Accretion of prior service cost	0	0	0	0
Net periodic benefit cost	$ 52	$ 51	$ 156	$ 153

XML

Stock-Based Incentive Plan - Additional Information (Detail) - shares	Jul. 01, 2016	Jan. 01, 2015	Sep. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share awards authorized for issuance			3,355,786
Fox Chase Bank [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized	857,191
Valley Green Bank [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized		473,483

XML

Stock-Based Incentive Plan - Status of Options Granted Under Long-Term Incentive Plan (Detail) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2017 USD ($) $ / shares shares
Shares Under Option
Shares Under Option, Outstanding, Beginning balance | shares	504,908
Shares Under Option, Granted | shares	191,297
Shares Under Option, Expired | shares	(73,000)
Shares Under Option, Forfeited | shares	(14,500)
Shares Under Option, Exercised | shares	(84,870)
Share Under Option, Outstanding, Ending balance | shares	523,835
Shares Under Options, Exercisable at September 30, 2017 | shares	168,693
Weighted Average Exercise Price Per Share [Abstract]
Weighted Average Exercise Price Per Share, Outstanding, Beginning balance | $ / shares	$ 19.06
Weighted Average Exercise Price Per Share, Granted | $ / shares	28.15
Weighted Average Exercise Price Per Share, Expired | $ / shares	22.70
Weighted Average Exercise Price Per Share, Forfeited | $ / shares	22.85
Weighted Average Exercise Price Per Share, Exercised | $ / shares	17.99
Weighted Average Exercise Price Per Share, Outstanding, Ending balance | $ / shares	21.91
Weighted Average Exercise Price Per Share, Exercisable at September 30, 2017 | $ / shares	$ 17.91
Weighted Average Remaining Contractual Life, Outstanding at September 30, 2017	7 years 7 months 6 days
Weighted Average Remaining Contractual Life, Exercisable at September 30, 2017	5 years 8 months 12 days
Aggregate Intrinsic Value, Outstanding at September 30, 2017 | $	$ 5,287
Aggregate Intrinsic Value, Exercisable at September 30, 2017 | $	$ 2,377

XML

Stock-Based Incentive Plan - Summary of Nonvested Stock Options (Details) - $ / shares	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares [Roll Forward]
Nonvested Stock Options, Beginning balance	308,940
Nonvested Stock Options, Granted	191,297
Nonvested Stock Options, Vested	(130,595)
Nonvested Stock Options, Forfeited	(14,500)
Nonvested Stock Options, Ending balance	355,142
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted Average Grant Date Fair Value, Beginning balance	$ 6.15
Weighted Average Grant Date Fair Value, Granted	6.72	$ 6.23
Weighted Average Grant Date Fair Value, Vested	6.06
Weighted Average Grant Date Fair Value, Forfeited	6.44
Weighted Average Grant Date Fair Value, Ending balance	$ 6.47

XML

Stock-Based Incentive Plan - Aggregated Assumptions Used to Estimate Fair Value of Options Granted (Detail) - $ / shares	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected option life in years	6 years 10 months 24 days
Expected option life in years - weighted average		7 years 10 months 24 days
Risk free interest rate	2.30%
Risk free interest rate - weighted average		1.87%
Expected dividend yield	2.84%
Expected dividend yield - weighted average		4.06%
Expected volatility	29.75%
Expected volatility - weighted average		45.82%
Fair value of options	$ 6.72	$ 6.23
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected option life in years		7 years 7 months 6 days
Risk free interest rate		1.38%
Expected dividend yield		3.80%
Expected volatility		37.71%
Fair value of options		$ 5.40
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected option life in years		8 years 2 months 12 days
Risk free interest rate		1.89%
Expected dividend yield		4.19%
Expected volatility		46.22%
Fair value of options		$ 6.27

XML

Stock-Based Incentive Plan - Summary of Nonvested Restricted Stock Awards (Detail)	9 Months Ended
	Sep. 30, 2017 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested Share Awards, Beginning balance | shares	285,158
Nonvested Share Awards, Granted | shares	61,823
Nonvested Share Awards, Vested | shares	(99,955)
Nonvested Share Awards, Forfeited | shares	(16,000)
Nonvested Share awards, Ending balance | shares	231,026
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted Average Grant Date Fair Value, Beginning balance | $ / shares	$ 19.74
Weighted Average Grant Date Fair Value, Granted | $ / shares	28.08
Weighted Average Grant Date Fair Value, Vested | $ / shares	19.76
Weighted Average Grant Date Fair Value, Forfeited | $ / shares	19.93
Weighted Average Grant Date Fair Value, Ending balance | $ / shares	$ 21.95

XML

Stock-Based Incentive Plan - Certain Information Regarding Restricted Stock (Detail) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	61,823
Weighted average grant date fair value	$ 28.08
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	61,823	176,255
Weighted average grant date fair value	$ 28.08	$ 20.60
Intrinsic value of awards vested	$ 2,914	$ 971

XML

Stock-Based Incentive Plan - Schedule of Unrecognized Compensation Cost, Nonvested Awards (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2017 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Cost	$ 4,477
Weighted-Average Period Remaining (Years)	1 year 8 months 12 days
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Cost	$ 1,532
Weighted-Average Period Remaining (Years)	1 year 10 months 24 days
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Cost	$ 2,945
Weighted-Average Period Remaining (Years)	1 year 7 months 6 days

XML

Stock-Based Incentive Plan - Compensation Expense Related to Stock Incentive Plans Recognized (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Stock-based compensation expense:
Total Expense	$ 2,597	$ 1,457
Tax benefit on nonqualified stock option expense, restricted stock awards and disqualifying dispositions of incentive stock options	1,263	407
Stock Options [Member]
Stock-based compensation expense:
Total Expense	678	463
Restricted Stock Awards [Member]
Stock-based compensation expense:
Total Expense	1,872	944
Employee Stock Purchase Plan [Member]
Stock-based compensation expense:
Total Expense	$ 47	$ 50

XML

Accumulated Other Comprehensive (Loss) Income - Components of Accumulated Other Comprehensive (Loss) Income, Net of Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]
Beginning balance			$ (19,454)	$ (16,708)
Net Change	$ 839	$ 166	3,111	2,504
Ending balance	(16,343)	(14,204)	(16,343)	(14,204)
Net Unrealized Holding (Losses) Gains on Available-for-Sale Investment Securities [Member]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]
Beginning balance			(4,988)	(592)
Net Change			2,624	2,381
Ending balance	(2,364)	1,789	(2,364)	1,789
Net Change Related to Derivative Used for Cash Flow Hedge [Member]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]
Beginning balance			(141)	(285)
Net Change			28	(382)
Ending balance	(113)	(667)	(113)	(667)
Net Change Related to Defined Benefit Pension Plan [Member]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax [Abstract]
Beginning balance			(14,325)	(15,831)
Net Change			459	505
Ending balance	$ (13,866)	$ (15,326)	$ (13,866)	$ (15,326)

XML

Derivative Instruments and Hedging Activities - Narrative (Details) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2017 USD ($) instrument	Dec. 31, 2014 USD ($)	Dec. 31, 2016 USD ($)
Derivative [Line Items]
Loans receivable with fixed rates of interest maturity period		10 years
Loans receivable with fixed rates		$ 29,100
Designated as Hedging Instrument [Member]
Derivative [Line Items]
Notional Amount	$ 19,419		$ 19,993
Derivative Liabilities	202		254
Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Notional Amount	144,312		107,448
Derivative Liabilities	$ 180		74
Interest Rate Swap [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Loans receivable with fixed rates of interest maturity period	15 years
Derivative fixed interest rate	7.43%
Notional Amount	$ 549		622
Loans receivable fixed interest rate (percentage)	7.43%
Interest Rate Swap [Member] | Not Designated as Hedging Instrument [Member] | Other Liabilities [Member]
Derivative [Line Items]
Derivative Liabilities	$ 47		65
Credit Risk Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Notional Amount	$ 66,140		27,919
Derivative number of instruments held | instrument	14
Underlying derivative at fair value	$ 132
Credit Risk Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Liabilities [Member]
Derivative [Line Items]
Derivative Liabilities	132		9
Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative asset notional amount		$ 20,000
Derivative fixed interest rate		2.10%
Interest rate cash flow hedge gain (loss) to be reclassified during next 12 months	108
Cash Flow Hedging [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Notional Amount	18,021		18,566
Cash Flow Hedging [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Other Liabilities [Member]
Derivative [Line Items]
Derivative Liabilities	$ 174		217
Fair Value Hedging [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Loans receivable with fixed rates of interest maturity period	10 years
Derivative fixed interest rate	5.83%
Notional Amount	$ 1,398		1,427
Loans receivable fixed interest rate (percentage)	5.83%
Fair Value Hedging [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Other Liabilities [Member]
Derivative [Line Items]
Derivative Liabilities	$ 28		$ 37
Minimum [Member] | Credit Risk Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative remaining maturity	1 year
Maximum [Member] | Credit Risk Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative remaining maturity	10 years
One-Month LIBOR [Member] | Interest Rate Swap [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative basis spread on variable rate	2.24%
One-Month LIBOR [Member] | Fair Value Hedging [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative basis spread on variable rate	3.50%

XML

Derivative Instruments and Hedging Activities - Derivatives Designated as Hedging Instruments (Detail) - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	$ 19,419		$ 19,419		$ 19,993
Derivative Assets	0		0		0
Derivative Liabilities	202		202		254
Net loss	(41)	$ (76)	(143)	$ (237)
Gain (loss) recognized in other comprehensive income (loss)			(113)		(141)
Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	18,021		18,021		18,566
Gain (loss) recognized in other comprehensive income (loss)			(113)		(141)
Interest Rate Swap [Member] | Cash Flow Hedging [Member] | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Net loss	41	76	148	237
Interest Rate Swap [Member] | Cash Flow Hedging [Member] | Other Assets [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Assets	0		0		0
Interest Rate Swap [Member] | Cash Flow Hedging [Member] | Other Liabilities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Liabilities	174		174		217
Interest Rate Swap [Member] | Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	1,398		1,398		1,427
Interest Rate Swap [Member] | Fair Value Hedging [Member] | Other Noninterest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Net loss	0	$ 0	5	$ 0
Interest Rate Swap [Member] | Fair Value Hedging [Member] | Other Assets [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Assets	0		0		0
Interest Rate Swap [Member] | Fair Value Hedging [Member] | Other Liabilities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Liabilities	$ 28		$ 28		$ 37

XML

Derivative Instruments and Hedging Activities - Derivatives Not Designated as Hedging Instruments (Detail) - Not Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Notional Amount	$ 144,312		$ 144,312		$ 107,448
Derivative Assets	1,234		1,234		1,058
Derivative Liabilities	180		180		74
Derivative instruments not designated as hedging instruments gain (loss), net	(270)	$ 203	324	$ 1,138
Interest Rate Swap [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Notional Amount	549		549		622
Interest Rate Swap [Member] | Other Assets [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Derivative Assets	0		0		0
Interest Rate Swap [Member] | Other Liabilities [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Derivative Liabilities	47		47		65
Credit Risk Contract [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Notional Amount	66,140		66,140		27,919
Credit Risk Contract [Member] | Other Noninterest Income [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	25	21	149	21
Credit Risk Contract [Member] | Other Assets [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Derivative Assets	0		0		0
Credit Risk Contract [Member] | Other Liabilities [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Derivative Liabilities	132		132		9
Interest Rate Locks with Customers [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Notional Amount	37,661		37,661		36,541
Interest Rate Locks with Customers [Member] | Mortgage Banking Activities [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	(129)	(257)	433	1,086
Interest Rate Locks with Customers [Member] | Other Assets [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Derivative Assets	1,234		1,234		801
Interest Rate Locks with Customers [Member] | Other Liabilities [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Derivative Liabilities	0		0		0
Forward Loan Sale Commitments [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Notional Amount	39,962		39,962		42,366
Forward Loan Sale Commitments [Member] | Mortgage Banking Activities [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Derivative instruments not designated as hedging instruments gain (loss), net	(166)	$ 439	(258)	$ 31
Forward Loan Sale Commitments [Member] | Other Assets [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Derivative Assets	0		0		257
Forward Loan Sale Commitments [Member] | Other Liabilities [Member]
Derivative Notional Amount And Fair Value By Balance Sheet Not Designated As Hedging Instrument [Line Items]
Derivative Liabilities	$ 1		$ 1		$ 0

XML

Fair Value Disclosures - Narrative (Details)	3 Months Ended	9 Months Ended		12 Months Ended
	Jun. 30, 2017 USD ($)	Sep. 30, 2017 USD ($) loan property	Sep. 30, 2016 USD ($)	Dec. 31, 2016 USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Reversal of other noninterest expense	$ 301,000
Adjustment of Contingent Consideration		$ (260,000)	$ 853,000
Valuation adjustments for loans held for sale		0		$ 0
Carrying value of impaired loans and leases held for investment		30,560,000
Valuation allowance of impaired loans held for investment		88,000		235,000
Servicing rights carrying amount before valuation allowance		6,600,000		6,500,000
Servicing rights valuation allowance		$ 0		0
Number of properties written-down | property		2
OREO write-downs		$ 199,000
Number of properties sold | property		7
Net gains on sales of other real estate owned		$ 383,000
Sterner Insurance Associates Inc [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Adjustment of Contingent Consideration		(301,000)	501,000
Girard Partners [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Adjustment of Contingent Consideration		41,000	284,000
John T. Fretz Insurance Agency [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Adjustment of Contingent Consideration			$ 68,000
Held for Investment [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying value of impaired loans and leases held for investment		30,600,000		43,915,000
Valuation allowance of impaired loans held for investment		88,000		235,000
Lease Financings [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying value of impaired loans and leases held for investment		1,300,000		$ 0
Valuation allowance of impaired loans held for investment		$ 0
Interest Rate Swap [Member] | Derivative Financial Instruments, Liabilities [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Number of loans with unrealized gain | loan		2
Unrealized gain on loans		$ 75,000

XML

Fair Value Disclosures - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Assets:
Total available-for-sale securities	$ 398,280	$ 443,637
Total assets	2,014		$ 2,234
Fair Value Measured on Recurring Basis [Member]
Assets:
Total available-for-sale securities	398,280	443,637
Loans	2,014	2,138
Total assets	401,528	446,833
Liabilities:
Total liabilities	741	6,327
Fair Value Measured on Recurring Basis [Member] | Contingent Consideration Liability [Member]
Liabilities:
Derivative liabilities	359	5,999
Fair Value Measured on Recurring Basis [Member] | Interest Rate Swap [Member]
Liabilities:
Derivative liabilities	249	319
Fair Value Measured on Recurring Basis [Member] | Credit Risk Contract [Member]
Liabilities:
Derivative liabilities	132	9
Fair Value Measured on Recurring Basis [Member] | Forward Loan Sale Commitments [Member]
Liabilities:
Derivative liabilities	1
Fair Value Measured on Recurring Basis [Member] | U.S. Government Corporations and Agencies [Member]
Assets:
Total available-for-sale securities	17,090	32,266
Fair Value Measured on Recurring Basis [Member] | State and Political Subdivisions [Member]
Assets:
Total available-for-sale securities	80,725	88,350
Fair Value Measured on Recurring Basis [Member] | Residential Mortgage-Backed Securities [Member]
Assets:
Total available-for-sale securities	174,570	198,570
Fair Value Measured on Recurring Basis [Member] | Collateralized Mortgage Obligations [Member]
Assets:
Total available-for-sale securities	3,842	4,554
Fair Value Measured on Recurring Basis [Member] | Corporate Bonds [Member]
Assets:
Total available-for-sale securities	114,429	108,198
Fair Value Measured on Recurring Basis [Member] | Money Market Mutual Funds [Member]
Assets:
Total available-for-sale securities	6,624	10,784
Fair Value Measured on Recurring Basis [Member] | Equity Securities [Member]
Assets:
Total available-for-sale securities	1,000	915
Fair Value Measured on Recurring Basis [Member] | Interest Rate Locks with Customers [Member]
Assets:
Derivative assets	1,234	801
Fair Value Measured on Recurring Basis [Member] | Forward Loan Sale Commitments [Member]
Assets:
Derivative assets		257
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member]
Assets:
Total available-for-sale securities	7,624	11,699
Loans	0	0
Total assets	7,624	11,699
Liabilities:
Total liabilities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | Contingent Consideration Liability [Member]
Liabilities:
Derivative liabilities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | Interest Rate Swap [Member]
Liabilities:
Derivative liabilities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | Credit Risk Contract [Member]
Liabilities:
Derivative liabilities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | Forward Loan Sale Commitments [Member]
Liabilities:
Derivative liabilities	0
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | U.S. Government Corporations and Agencies [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | State and Political Subdivisions [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | Residential Mortgage-Backed Securities [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | Collateralized Mortgage Obligations [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | Corporate Bonds [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | Money Market Mutual Funds [Member]
Assets:
Total available-for-sale securities	6,624	10,784
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | Equity Securities [Member]
Assets:
Total available-for-sale securities	1,000	915
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | Interest Rate Locks with Customers [Member]
Assets:
Derivative assets	0	0
Fair Value Measured on Recurring Basis [Member] | Level 1 [Member] | Forward Loan Sale Commitments [Member]
Assets:
Derivative assets		0
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member]
Assets:
Total available-for-sale securities	362,111	403,160
Loans	0	0
Total assets	363,345	404,218
Liabilities:
Total liabilities	250	319
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | Contingent Consideration Liability [Member]
Liabilities:
Derivative liabilities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | Interest Rate Swap [Member]
Liabilities:
Derivative liabilities	249	319
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | Credit Risk Contract [Member]
Liabilities:
Derivative liabilities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | Forward Loan Sale Commitments [Member]
Liabilities:
Derivative liabilities	1
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | U.S. Government Corporations and Agencies [Member]
Assets:
Total available-for-sale securities	17,090	32,266
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | State and Political Subdivisions [Member]
Assets:
Total available-for-sale securities	80,725	88,350
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | Residential Mortgage-Backed Securities [Member]
Assets:
Total available-for-sale securities	174,570	198,570
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | Collateralized Mortgage Obligations [Member]
Assets:
Total available-for-sale securities	3,842	4,554
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | Corporate Bonds [Member]
Assets:
Total available-for-sale securities	85,884	79,420
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | Money Market Mutual Funds [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | Equity Securities [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | Interest Rate Locks with Customers [Member]
Assets:
Derivative assets	1,234	801
Fair Value Measured on Recurring Basis [Member] | Level 2 [Member] | Forward Loan Sale Commitments [Member]
Assets:
Derivative assets		257
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member]
Assets:
Total available-for-sale securities	28,545	28,778
Loans	2,014	2,138
Total assets	30,559	30,916
Liabilities:
Total liabilities	491	6,008
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | Contingent Consideration Liability [Member]
Liabilities:
Derivative liabilities	359	5,999
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | Interest Rate Swap [Member]
Liabilities:
Derivative liabilities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | Credit Risk Contract [Member]
Liabilities:
Derivative liabilities	132	9
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | Forward Loan Sale Commitments [Member]
Liabilities:
Derivative liabilities	0
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | U.S. Government Corporations and Agencies [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | State and Political Subdivisions [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | Residential Mortgage-Backed Securities [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | Collateralized Mortgage Obligations [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | Corporate Bonds [Member]
Assets:
Total available-for-sale securities	28,545	28,778
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | Money Market Mutual Funds [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | Equity Securities [Member]
Assets:
Total available-for-sale securities	0	0
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | Interest Rate Locks with Customers [Member]
Assets:
Derivative assets	$ 0	0
Fair Value Measured on Recurring Basis [Member] | Level 3 [Member] | Forward Loan Sale Commitments [Member]
Assets:
Derivative assets		$ 0

XML

Fair Value Disclosures - Level 3 Roll Forward (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Net Asset (Liability) Value [Roll Forward]
Beginning balance	$ 30,907	$ 0
Purchases/additions	(272)	2,293
Sales	0	0
Payments received	(102)	(32)
Premium amortization, net	0	0
(Decrease) increase in value	(106)	(43)
Ending balance	30,427	2,218
Derivative Financial Instruments, Liabilities [Member] | Credit Risk Contract [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	(9)	0
Purchases/additions	(272)	(20)
Sales	0	0
Payments received	0	0
Premium amortization, net	0	0
(Decrease) increase in value	149	4
Ending balance	(132)	(16)
Corporate Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	28,778
Purchases/additions	0
Sales	0
Payments received	0
Premium amortization, net	0
(Decrease) increase in value	(233)
Ending balance	28,545
Loans [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	2,138	0
Purchases/additions	0	2,313
Sales	0	0
Payments received	(102)	(32)
Premium amortization, net	0	0
(Decrease) increase in value	(22)	(47)
Ending balance	$ 2,014	$ 2,234

XML

Fair Value Disclosures - Change in Contingent Consideration Liability (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Change in Contingent Consideration Liability [Roll Forward]
Beginning Balance	$ 5,999	$ 5,577
Contingent Consideration from New Acquisition	0	0
Payment of Contingent Consideration	5,380	2,519
Adjustment of Contingent Consideration	(260)	853
Ending Balance	359	3,911
Sterner Insurance Associates Inc [Member]
Change in Contingent Consideration Liability [Roll Forward]
Beginning Balance	331	1,144
Contingent Consideration from New Acquisition	0	0
Payment of Contingent Consideration	30	1,325
Adjustment of Contingent Consideration	(301)	501
Ending Balance	0	320
Girard Partners [Member]
Change in Contingent Consideration Liability [Roll Forward]
Beginning Balance	5,668	4,241
Contingent Consideration from New Acquisition	0	0
Payment of Contingent Consideration	5,350	934
Adjustment of Contingent Consideration	41	284
Ending Balance	$ 359	3,591
John T. Fretz Insurance Agency [Member]
Change in Contingent Consideration Liability [Roll Forward]
Beginning Balance		192
Contingent Consideration from New Acquisition		0
Payment of Contingent Consideration		260
Adjustment of Contingent Consideration		68
Ending Balance		$ 0

XML

Fair Value Disclosures - Assets Measured at Fair Value on Non-recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	$ 2,014		$ 2,234
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans held for investment	30,472	$ 43,680
Impaired leases held for investment	1,250
Other real estate owned	1,763	4,969
Total assets	33,485	48,649
Fair Value, Measurements, Nonrecurring [Member] | Level 1 [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans held for investment	0	0
Impaired leases held for investment	0
Other real estate owned	0	0
Total assets	0	0
Fair Value, Measurements, Nonrecurring [Member] | Level 2 [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans held for investment	0	0
Impaired leases held for investment	0
Other real estate owned	0	0
Total assets	0	0
Fair Value, Measurements, Nonrecurring [Member] | Level 3 [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans held for investment	30,472	43,680
Impaired leases held for investment	1,250
Other real estate owned	1,763	4,969
Total assets	$ 33,485	$ 48,649

XML

Fair Value Disclosures - Assets, Liabilities and Off-balance Sheet Items Not Measured at Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Assets:
Held-to-maturity securities	$ 45,633	$ 24,871
Total assets	2,014		$ 2,234
Deposits:
Time deposits	571,160	626,189
Subordinated notes	94,270	94,087
Fair Value [Member]
Assets:
Cash and short-term interest-earning assets	79,490	57,825
Held-to-maturity securities	45,633	24,871
Loans held for sale	2,265	5,943
Net loans and leases held for investment	3,405,465	3,193,886
Servicing rights	9,562	9,548
Total assets	3,542,415	3,292,073
Deposits:
Demand and savings deposits, non-maturity	2,947,430	2,631,378
Time deposits	570,749	628,096
Total deposits	3,518,179	3,259,474
Short-term borrowings	32,091	195,572
Long-term debt	207,770	130,157
Subordinated notes	97,963	95,188
Total liabilities	3,856,003	3,680,391
Off-Balance-Sheet:
Commitments to extend credit	(2,363)	(2,218)
Fair Value [Member] | Level 1 [Member]
Assets:
Cash and short-term interest-earning assets	79,490	57,825
Held-to-maturity securities	0	0
Loans held for sale	0	0
Net loans and leases held for investment	0	0
Servicing rights	0	0
Total assets	79,490	57,825
Deposits:
Demand and savings deposits, non-maturity	2,947,430	2,631,378
Time deposits	0	0
Total deposits	2,947,430	2,631,378
Short-term borrowings	0	0
Long-term debt	0	0
Subordinated notes	0	0
Total liabilities	2,947,430	2,631,378
Off-Balance-Sheet:
Commitments to extend credit	0	0
Fair Value [Member] | Level 2 [Member]
Assets:
Cash and short-term interest-earning assets	0	0
Held-to-maturity securities	45,633	24,871
Loans held for sale	2,265	5,943
Net loans and leases held for investment	0	0
Servicing rights	0	0
Total assets	47,898	30,814
Deposits:
Demand and savings deposits, non-maturity	0	0
Time deposits	570,749	628,096
Total deposits	570,749	628,096
Short-term borrowings	32,091	195,572
Long-term debt	207,770	130,157
Subordinated notes	97,963	95,188
Total liabilities	908,573	1,049,013
Off-Balance-Sheet:
Commitments to extend credit	(2,363)	(2,218)
Fair Value [Member] | Level 3 [Member]
Assets:
Cash and short-term interest-earning assets	0	0
Held-to-maturity securities	0	0
Loans held for sale	0	0
Net loans and leases held for investment	3,405,465	3,193,886
Servicing rights	9,562	9,548
Total assets	3,415,027	3,203,434
Deposits:
Demand and savings deposits, non-maturity	0	0
Time deposits	0	0
Total deposits	0	0
Short-term borrowings	0	0
Long-term debt	0	0
Subordinated notes	0	0
Total liabilities	0	0
Off-Balance-Sheet:
Commitments to extend credit	0	0
Carrying Amount [Member]
Assets:
Cash and short-term interest-earning assets	79,490	57,825
Held-to-maturity securities	45,542	24,881
Federal Home Loan Bank, Federal Reserve Bank and other stock	27,244	24,869
Loans held for sale	2,228	5,890
Net loans and leases held for investment	3,432,885	3,222,569
Servicing rights	6,556	6,485
Total assets	3,593,945	3,342,519
Deposits:
Demand and savings deposits, non-maturity	2,947,430	2,631,378
Time deposits	571,160	626,189
Total deposits	3,518,590	3,257,567
Short-term borrowings	32,091	196,171
Long-term debt	206,168	127,522
Subordinated notes	94,270	94,087
Total liabilities	3,851,119	3,675,347
Off-Balance-Sheet:
Commitments to extend credit	$ 0	$ 0

XML

Segment Reporting (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017 USD ($)	Sep. 30, 2016 USD ($)	Sep. 30, 2017 USD ($) segment	Sep. 30, 2016 USD ($)	Dec. 31, 2016 USD ($)
Segment Reporting [Abstract]
Reportable business segments | segment			3
Segment Reporting Information [Line Items]
Total assets	$ 4,417,363	$ 4,140,444	$ 4,417,363	$ 4,140,444	$ 4,230,528
Interest income	42,172	36,705	120,598	88,551
Interest expense	5,285	3,836	14,128	8,498
Net interest income	36,887	32,869	106,470	80,053
Provision for loan and lease losses	2,689	1,415	7,900	2,571
Noninterest income	14,109	14,137	45,088	41,969
Intangible expenses	690	854	1,895	2,611
Acquisition-related and integration costs and restructuring charges		14,064		15,469
Other noninterest expense	32,005	32,148	95,378	85,471
Intersegment (revenue) expense	0	0	0	0
Income before income taxes	15,612	(1,475)	46,385	15,900
Income tax expense (benefit)	4,416	(1,533)	12,555	3,313
Net income	11,196	58	33,830	12,587
Capital expenditures	768	3,500	7,412	7,694
Banking [Member]
Segment Reporting Information [Line Items]
Total assets	4,327,920	4,045,419	4,327,920	4,045,419	4,137,873
Interest income	42,161	36,697	120,575	88,526
Interest expense	5,285	3,836	14,128	8,210
Net interest income	36,876	32,861	106,447	80,316
Provision for loan and lease losses	2,689	1,415	7,900	2,571
Noninterest income	4,993	5,802	16,945	15,842
Intangible expenses	357	403	1,151	527
Acquisition-related and integration costs and restructuring charges		14,156		14,204
Other noninterest expense	24,479	23,580	71,173	62,016
Intersegment (revenue) expense	(611)	(292)	(1,669)	(1,282)
Income before income taxes	14,955	(599)	44,837	18,122
Income tax expense (benefit)	4,166	(1,375)	12,086	3,273
Net income	10,789	776	32,751	14,849
Capital expenditures	582	2,814	6,921	6,134
Wealth Management [Member]
Segment Reporting Information [Line Items]
Total assets	34,903	32,721	34,903	32,721	35,061
Interest income	4	1	6	4
Interest expense	0	0	0	0
Net interest income	4	1	6	4
Provision for loan and lease losses	0	0	0	0
Noninterest income	5,428	4,902	15,965	14,286
Intangible expenses	168	231	506	838
Acquisition-related and integration costs and restructuring charges		0		0
Other noninterest expense	3,472	3,437	10,404	9,742
Intersegment (revenue) expense	261	133	693	563
Income before income taxes	1,531	1,102	4,368	3,147
Income tax expense (benefit)	611	413	1,738	1,191
Net income	920	689	2,630	1,956
Capital expenditures	5	5	27	29
Insurance [Member]
Segment Reporting Information [Line Items]
Total assets	25,139	23,830	25,139	23,830	24,472
Interest income	0	0	0	0
Interest expense	0	0	0	0
Net interest income	0	0	0	0
Provision for loan and lease losses	0	0	0	0
Noninterest income	3,620	3,396	11,913	11,736
Intangible expenses	165	220	238	1,246
Acquisition-related and integration costs and restructuring charges		0		0
Other noninterest expense	2,803	2,906	8,718	8,962
Intersegment (revenue) expense	350	159	976	719
Income before income taxes	302	111	1,981	809
Income tax expense (benefit)	128	61	837	357
Net income	174	50	1,144	452
Capital expenditures	3	9	202	30
Other Segments [Member]
Segment Reporting Information [Line Items]
Total assets	29,401	38,474	29,401	38,474	$ 33,122
Interest income	7	7	17	21
Interest expense	0	0	0	288
Net interest income	7	7	17	(267)
Provision for loan and lease losses	0	0	0	0
Noninterest income	68	37	265	105
Intangible expenses	0	0	0	0
Acquisition-related and integration costs and restructuring charges		(92)		1,265
Other noninterest expense	1,251	2,225	5,083	4,751
Intersegment (revenue) expense	0	0	0	0
Income before income taxes	(1,176)	(2,089)	(4,801)	(6,178)
Income tax expense (benefit)	(489)	(632)	(2,106)	(1,508)
Net income	(687)	(1,457)	(2,695)	(4,670)
Capital expenditures	$ 178	$ 672	$ 262	$ 1,501

XML

Restructuring Charges - Narrative (Details) $ in Thousands	3 Months Ended		9 Months Ended		24 Months Ended
	Sep. 30, 2017 USD ($)	Sep. 30, 2016 USD ($)	Sep. 30, 2017 USD ($)	Sep. 30, 2016 USD ($)	Dec. 31, 2016 USD ($) center
Restructuring Cost and Reserve [Line Items]
Restructuring recoveries	$ 0	$ (85)	$ 0	$ (85)
Facility closing [Member]
Restructuring Cost and Reserve [Line Items]
Number of financial centers closed | center					5
Banking [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring recoveries					$ 3,400

XML

Restructuring Charges - Roll-Forward of Accrued Restructuring Expense (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2017 USD ($)
Restructuring Reserve [Roll Forward]
Accrued at January 1, 2017	$ 1,210
Payments	(883)
Non-cash settlement	(228)
Accrued at September 30, 2017	99
Severance expenses [Member]
Restructuring Reserve [Roll Forward]
Accrued at January 1, 2017	901
Payments	(832)
Non-cash settlement	0
Accrued at September 30, 2017	69
Write-downs and retirements of fixed assets [Member]
Restructuring Reserve [Roll Forward]
Accrued at January 1, 2017	228
Payments	0
Non-cash settlement	(228)
Accrued at September 30, 2017	0
Lease cancellations [Member]
Restructuring Reserve [Roll Forward]
Accrued at January 1, 2017	81
Payments	(51)
Non-cash settlement	0
Accrued at September 30, 2017	$ 30

XML

Contingencies - Additional Information (Details) - USD ($) $ in Thousands			3 Months Ended	9 Months Ended
	Mar. 31, 2018	Sep. 25, 2017	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Legal Matters and Other Contingencies [Line Items]
Loans and Leases Receivable				$ 2,890,981	$ 2,390,832
Software Lease [Member]
Legal Matters and Other Contingencies [Line Items]
Litigation Settlement, Settlement Agreement Date		September 25, 2017
Litigation Settlement, Amount Awarded from Other Party		$ 1,000
Litigation Settlement, Subject to Election, Payment Per Guarantor				43
Accounts receivable				2,300
Other Assets				1,000
Maximum [Member] | Software Lease [Member]
Legal Matters and Other Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party		$ 1,300
Litigation Settlement, Not Subject to Election, Payment Per Guarantor				228
Minimum [Member] | Software Lease [Member]
Legal Matters and Other Contingencies [Line Items]
Litigation Settlement, Not Subject to Election, Payment Per Guarantor				108
Non-Accrual [Member] | Software Lease [Member]
Legal Matters and Other Contingencies [Line Items]
Loans and Leases Receivable				$ 1,300
Scenario, Forecast [Member]
Legal Matters and Other Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party			$ 1,000
Scenario, Forecast [Member] | Software Lease [Member]
Legal Matters and Other Contingencies [Line Items]
Litigation Settlement, Election Process Completion, Date	Mar. 31, 2018