BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Summary of Short-Term Borrowings

Following is a summary of short-term borrowings:

(in thousands)	September 30, 2017		December 31, 2016
Securities sold under repurchase agreements	$	309,779	$	313,062
Federal Home Loan Bank advances	2,065,000		1,025,000
Federal funds purchased	1,362,000		1,037,000
Subordinated notes	135,522		127,948
Total short-term borrowings	$	3,872,301	$	2,503,010

Summary of Long-Term Borrowings

Following is a summary of long-term borrowings:

(in thousands)	September 30, 2017		December 31, 2016
Federal Home Loan Bank advances	$	300,074	$	305,110
Subordinated notes	88,029		87,147
Junior subordinated debt	110,226		48,600
Other subordinated debt	160,454		98,637
Total long-term borrowings	$	658,783	$	539,494

Junior Subordinated Debt Trusts

The following table provides information relating to the Trusts as of September 30, 2017:

(dollars in thousands)	Trust Preferred Securities		Common Securities		Junior Subordinated Debt		Stated Maturity Date			Interest Rate and Rate Reset Factor
F.N.B. Statutory Trust II	$	21,500	$	665	$	22,165	6/15/2036	2.97	%	LIBOR + 165 basis points (bps)
Omega Financial Capital Trust I	26,000		1,114		26,464		10/18/2034	3.49	%	LIBOR + 219 bps
Yadkin Valley Statutory Trust I	25,000		774		20,801		12/15/2037	2.64	%	LIBOR + 132 bps
FNB Financial Services Capital Trust I	25,000		774		21,747		9/30/2035	2.76	%	LIBOR + 146 bps
American Community Capital Trust II	10,000		310		10,450		12/15/2033	4.10	%	LIBOR + 280 bps
Crescent Financial Capital Trust I	8,000		248		8,599		10/7/2033	4.40	%	LIBOR + 310 bps
Total	$	115,500	$	3,885	$	110,226