Borrowings (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Summary of Short-Term Borrowings

Following is a summary of short-term borrowings:

(in thousands)	March 31, 2017		December 31, 2016
Securities sold under repurchase agreements	$	310,751	$	313,062
Federal Home Loan Bank advances		1,960,000		1,025,000
Federal funds purchased		1,185,000		1,037,000
Subordinated notes		130,212		127,948
Total short-term borrowings	$	3,585,963	$	2,503,010

Summary of Long-Term Borrowings

Following is a summary of long-term borrowings:

(in thousands)	March 31, 2017		December 31, 2016
Federal Home Loan Bank advances	$	330,098	$	305,110
Subordinated notes		87,558		87,147
Junior subordinated debt		109,987		48,600
Other subordinated debt		168,563		98,637
Total long-term borrowings	$	696,206	$	539,494

Junior Subordinated Debt Trusts

The following table provides information relating to the Trusts as of March 31, 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		6/15/36		2.78	%	LIBOR + 165 basis points (bps)
Omega Financial Capital Trust I		26,000		1,114		26,445		10/18/34		3.21	%	LIBOR + 219 bps
Yadkin Valley Statutory Trust I		25,000		774		20,677		12/15/37		2.45	%	LIBOR + 132 bps
FNB Financial Services Capital Trust I		25,000		774		21,635		9/30/35		2.59	%	LIBOR + 146 bps
American Community Capital Trust II		10,000		310		10,455		12/15/33		3.80	%	LIBOR + 280 bps
Crescent Financial Capital Trust I		8,000		248		8,610		10/07/33		4.12	%	LIBOR + 310 bps
Total	$	115,500	$	3,885	$	109,987