	March 31, 2015
							Total Loans
			Past Due				> 90 Days
	30-59 Days	60-89 Days	90 Days	Total Past		Total Loans	Past Due and
	Past Due	Past Due	or More	Due	Current	Receivable	Still Accruing
(In Thousands)
One- to four-family
residential construction	$—	$—	$—	$—	$37,199	$37,199	$—
Subdivision construction	—	—	56	56	35,397	35,453	—
Land development	3,398	11	—	3,409	44,312	47,721	—
Commercial construction	—	—	—	—	445,781	445,781	—
Owner occupied one- to four-
family residential	1,032	41	827	1,900	92,380	94,280	90
Non-owner occupied one- to
four-family residential	149	—	312	461	144,840	145,301	—
Commercial real estate	915	—	3,134	4,049	961,924	965,973	—
Other residential	2,876	—	—	2,876	392,754	395,630	—
Commercial business	373	—	305	678	366,141	366,819	—
Industrial revenue bonds	—	—	—	—	41,198	41,198	—
Consumer auto	1,581	122	350	2,053	346,282	348,335	—
Consumer other	975	219	764	1,958	74,370	76,328	430
Home equity lines of credit	224	29	327	580	67,526	68,106	—
Acquired FDIC-covered
loans, net of discounts	7,107	625	13,165	20,897	254,113	275,010	78
Acquired loans no longer
covered by loss sharing
agreements, net of
discounts	359	—	236	595	46,110	46,705	—
Acquired non-covered loans,
net of discounts	1,311	230	9,281	10,822	105,611	116,433	—
	20,300	1,277	28,757	50,334	3,455,938	3,506,272	598
Less FDIC-supported loans,
and acquired non-covered
loans, net of discounts	8,777	855	22,682	32,314	405,834	438,148	78

Total	$11,523	$422	$6,075	$18,020	$3,050,104	$3,068,124	$520

	December 31, 2014
							Total Loans
						Total	> 90 Days Past
	30-59 Days	60-89 Days	Over 90	Total Past		Loans	Due and
	Past Due	Past Due	Days	Due	Current	Receivable	Still Accruing
(In Thousands)
One- to four-family
residential construction	$—	$—	$—	$—	$40,361	$40,361	$—
Subdivision construction	109	—	—	109	28,484	28,593	—
Land development	110	—	255	365	51,731	52,096	—
Commercial construction	—	—	—	—	392,929	392,929	—
Owner occupied one- to four-
family residential	2,037	441	1,029	3,507	84,042	87,549	170
Non-owner occupied one- to
four-family residential	583	—	296	879	142,172	143,051	—
Commercial real estate	6,887	—	4,699	11,586	934,290	945,876	187
Other residential	—	—	—	—	392,414	392,414	—
Commercial business	59	—	411	470	353,542	354,012	—
Industrial revenue bonds	—	—	—	—	41,061	41,061	—
Consumer auto	1,801	244	316	2,361	320,992	323,353	—
Consumer other	1,301	260	801	2,362	75,667	78,029	397
Home equity lines of credit	89	—	340	429	65,843	66,272	22
Acquired FDIC-covered loans, net of discounts	6,236	1,062	16,419	23,717	262,891	286,608	194
Acquired loans no longer covered by FDIC loss sharing agreements,
net of discounts	754	46	243	1,043	48,902	49,945	—
Acquired non-covered loans, net of discounts	2,638	640	11,248	14,526	107,456	121,982	—
	22,604	2,693	36,057	61,354	3,342,777	3,404,131	970
Less FDIC-supported loans,
and acquired non-covered loans, net of discounts	9,628	1,748	27,910	39,286	419,249	458,535	194

Total	$12,976	$945	$8,147	$22,068	$2,923,528	$2,945,596	$776

Nonaccruing loans (excluding FDIC-supported loans, net of discount and acquired non-covered loans, net of discount) are summarized as follows:

	March 31,	December 31,
	2015	2014

(In Thousands)
One- to four-family residential construction	$—	$—
Subdivision construction	56	—
Land development	—	255
Commercial construction	—	—
Owner occupied one- to four-family residential	737	859
Non-owner occupied one- to four-family residential	312	296
Commercial real estate	3,134	4,512
Other residential	—	—
Commercial business	305	411
Industrial revenue bonds	—	—
Consumer auto	350	316
Consumer other	334	404
Home equity lines of credit	327	318

Total	$5,555	$7,371

The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended March 31, 2015. Also presented is the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of March 31, 2015:

	One- to Four-
	Family
	Residential and	Other	Commercial	Commercial	Commercial
	Construction	Residential	Real Estate	Construction	Business	Consumer	Total
(In Thousands)
Allowance for loan losses
Balance January 1, 2015	$3,455	$2,941	$19,773	$3,562	$3,679	$5,025	$38,435
Provision (benefit) charged to expense	556	(140)	385	(113)	467	145	1,300
Losses charged off	(140)	(3)	(2)	(197)	(224)	(1,147)	(1,713)
Recoveries	114	11	60	104	23	737	1,049
Balance March 31, 2015	$3,985	$2,809	$20,216	$3,356	$3,945	$4,760	$39,071

Ending balance:

Individually evaluated for
impairment	$707	$—	$2,271	$1,414	$686	$221	$5,299
Collectively evaluated for
impairment	$3,068	$2,768	$16,547	$1,704	$3,228	$4,235	$31,550
Loans acquired and
accounted for under ASC
310-30	$210	$41	$1,398	$238	$31	$304	$2,222

Loans
Individually evaluated for
impairment	$10,937	$9,768	$26,644	$7,387	$2,270	$1,408	$58,414
Collectively evaluated for
impairment	$301,296	$385,862	$939,329	$486,115	$405,747	$491,361	$3,009,710
Loans acquired and
accounted for under ASC
310-30	$225,253	$45,989	$100,087	$2,132	$16,572	$48,115	$438,148

The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended March 31, 2014:

	One- to Four-
	Family
	Residential and	Other	Commercial	Commercial	Commercial
	Construction	Residential	Real Estate	Construction	Business	Consumer	Total
(In Thousands)
Allowance for loan losses
Balance January 1, 2014	$6,235	$2,678	$16,939	$4,464	$6,451	$3,349	$40,116
Provision (benefit) charged to expense	(548)	(687)	1,641	2,582	(2,307)	1,010	1,691
Losses charged off	(1,192)	—	(381)	(35)	(1,949)	(1,020)	(4,577)
Recoveries	143	7	244	60	146	445	1,045
Balance March 31, 2014	$4,638	$1,998	$18,443	$7,071	$2,341	$3,784	$38,275

The following table presents the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of December 31, 2014:

	One- to Four-
	Family
	Residential and	Other	Commercial	Commercial	Commercial
	Construction	Residential	Real Estate	Construction	Business	Consumer	Total
(In Thousands)
Allowance for loan losses
Individually evaluated for
impairment	$829	$—	$1,751	$1,507	$823	$232	$5,142
Collectively evaluated for
impairment	$2,532	$2,923	$16,671	$1,905	$2,805	$4,321	$31,157
Loans acquired and
accounted for under ASC
310-30	$94	$18	$1,351	$150	$51	$472	$2,136

Loans
Individually evaluated for
impairment	$11,488	$9,804	$28,641	$7,601	$2,725	$1,480	$61,739
Collectively evaluated for
impairment	$288,066	$382,610	$917,235	$437,424	$392,348	$466,174	$2,883,857
Loans acquired and
accounted for under ASC
310-30	$234,158	$48,470	$107,278	$1,937	$17,789	$48,903	$458,535

The portfolio segments used in the preceding three tables correspond to the loan classes used in all other tables in Note 7 as follows:

· The one-to four-family residential and construction segment includes the one- to four-family residential construction, subdivision construction, owner occupied one- to four-family residential and non-owner occupied one- to four-family residential classes

· The commercial real estate segment includes the commercial real estate and industrial revenue bonds classes

· The commercial construction segment includes the land development and commercial construction classes

· The consumer segment includes the consumer auto, consumer other and home equity lines of credit classes

A loan is considered impaired, in accordance with the impairment accounting guidance (FASB ASC 310-10-35-16), when based on current information and events, it is probable the Company will be unable to collect all amounts due from the borrower in accordance with the contractual terms of the loan. Impaired loans include not only nonperforming loans but also include loans modified in troubled debt restructurings where concessions have been granted to borrowers experiencing financial difficulties.

Impaired loans (excluding FDIC-supported loans, net of discount and acquired non-covered loans, net of discount), are summarized as follows:

	At or for the Three Months Ended March 31, 2015
		Unpaid
	Recorded	Principal	Specific
	Balance	Balance	Allowance
(In Thousands)
One- to four-family residential construction	$853	$853	$—
Subdivision construction	4,434	4,487	280
Land development	7,387	7,395	1,414
Commercial construction	—	—	—
Owner occupied one- to four-family residential	3,841	4,093	353
Non-owner occupied one- to four-family residential	1,809	2,021	74
Commercial real estate	26,644	27,979	2,271
Other residential	9,768	9,768	—
Commercial business	2,270	2,345	686
Industrial revenue bonds	—	—	—
Consumer auto	446	501	67
Consumer other	546	693	82
Home equity lines of credit	416	440	72

Total	$58,414	$60,575	$5,299

	At or for the Three Months Ended March 31, 2014
		Unpaid
	Recorded	Principal	Specific
	Balance	Balance	Allowance
(In Thousands)
One- to four-family residential construction	$—	$—	$—
Subdivision construction	2,420	2,733	469
Land development	12,616	13,033	2,791
Commercial construction	—	—	—
Owner occupied one- to four-family residential	5,366	5,489	727
Non-owner occupied one- to four-family residential	3,716	3,845	198
Commercial real estate	29,664	32,010	1,503
Other residential	10,942	10,942	—
Commercial business	2,073	3,580	174
Industrial revenue bonds	2,698	2,805	—
Consumer auto	120	144	18
Consumer other	647	694	97
Home equity lines of credit	455	591	78

Total	$70,717	$75,866	$6,055

	At or for the Three Months Ended March 31, 2014
	Average
	Investment in	Interest
	Impaired	Income
	Loans	Recognized
(In Thousands)
One- to four-family residential construction	$—	$—
Subdivision construction	3,130	22
Land development	12,620	101
Commercial construction	—	—
Owner occupied one- to four-family residential	5,534	52
Non-owner occupied one- to four-family residential	3,721	41
Commercial real estate	31,123	330
Other residential	10,957	90
Commercial business	3,961	21
Industrial revenue bonds	2,698	—
Consumer auto	172	2
Consumer other	677	18
Home equity lines of credit	528	14

Total	$75,121	$691

	At or for the Year Ended December 31, 2014
		Unpaid
	Recorded	Principal	Specific
	Balance	Balance	Allowance

One- to four-family residential construction	$1,312	$1,312	$—
Subdivision construction	4,540	4,540	344
Land development	7,601	8,044	1,507
Commercial construction	—	—	—
Owner occupied one- to four-family
residential	3,747	4,094	407
Non-owner occupied one- to four-family residential	1,889	2,113	78
Commercial real estate	28,641	30,781	1,751
Other residential	9,804	9,804	—
Commercial business	2,725	2,750	823
Industrial revenue bonds	—	—	—
Consumer auto	420	507	63
Consumer other	629	765	94
Home equity lines of credit	431	476	75

Total	$61,739	$65,186	$5,142

	At or for the Three Months Ended March 31, 2015
	Average
	Investment in	Interest
	Impaired	Income
	Loans	Recognized
(In Thousands)
One- to four-family residential construction	$971	$16
Subdivision construction	4,482	51
Land development	7,510	67
Commercial construction	—	—
Owner occupied one- to four-family residential	3,984	61
Non-owner occupied one- to four-family residential	1,785	11
Commercial real estate	26,636	201
Other residential	9,780	111
Commercial business	2,469	113
Industrial revenue bonds	—	—
Consumer auto	425	10
Consumer other	582	11
Home equity lines of credit	406	9

Total	$59,030	$661

	At or for the Year Ended December 31, 2014
	Average
	Investment	Interest
	in Impaired	Income
	Loans	Recognized

One- to four-family residential construction	$173	$76
Subdivision construction	2,593	226
Land development	9,691	292
Commercial construction	—	—
Owner occupied one- to four-family
residential	4,808	212
Non-owner occupied one- to four-family residential	4,010	94
Commercial real estate	29,808	1,253
Other residential	10,469	407
Commercial business	2,579	158
Industrial revenue bonds	2,644	—
Consumer auto	219	37
Consumer other	676	71
Home equity lines of credit	461	25

Total	$68,131	$2,851

At March 31, 2015, $20.5 million of impaired loans had specific valuation allowances totaling $5.3 million. At December 31, 2014, $20.0 million of impaired loans had specific valuation allowances totaling $5.1 million.

Included in certain loan categories in the impaired loans are troubled debt restructurings that were classified as impaired. Troubled debt restructurings are loans that are modified by granting concessions to borrowers experiencing financial difficulties. These concessions could include a reduction in the interest rate on the loan, payment extensions, forgiveness of principal, forbearance or other actions intended to maximize collection. The types of concessions made are factored into the estimation of the allowance for loan losses for troubled debt restructurings primarily using a discounted cash flows or collateral adequacy approach.

The following tables present newly restructured loans during the three months ended March 31, 2015 by type of modification:

At March 31, 2015, the Company had $46.9 million of loans that were modified in troubled debt restructurings and impaired, as follows: $8.0 million of construction and land development loans, $13.7 million of single family and multi-family residential mortgage loans, $23.2 million of commercial real estate loans, $1.6 million of commercial business loans and $278,000 of consumer loans. Of the total troubled debt restructurings at March 31, 2015, $44.4 million were accruing interest and $17.5 million were classified as substandard using the Company’s internal grading system, which is described below. The Company had no troubled debt restructurings which were modified in the previous 12 months and subsequently defaulted during the three months ended March 31, 2015. When loans modified as troubled debt restructuring have subsequent payment defaults, the defaults are factored into the determination of the allowance for loan losses to ensure specific valuation allowances reflect amounts considered uncollectible. At December 31, 2014, the Company had $47.6 million of loans that were modified in troubled debt restructurings and impaired, as follows: $8.3 million of construction and land development loans, $13.8 million of single family and multi-family residential mortgage loans, $23.3 million of commercial real estate loans, $1.9 million of commercial business loans and $324,000 of consumer loans. Of the total troubled debt restructurings at December 31, 2014, $39.2 million were accruing interest and $18.3 million were classified as substandard using the Company’s internal grading system.

During the three months ended March 31, 2015, loans designated as troubled debt restructurings totaling $767,000 met the criteria for placement back on accrual status. The $767,000 consisted of $711,000 of residential mortgage loans, $29,000 of commercial business loans, $21,000 of consumer loans and $6,000 of construction and land development loans. The criteria is generally a minimum of six months of payment performance under original or modified terms.

The Company reviews the credit quality of its loan portfolio using an internal grading system that classifies loans as “Satisfactory,” “Watch,” “Special Mention,” “Substandard” and “Doubtful.” Substandard loans are characterized by the distinct possibility that the Bank will sustain some loss if certain deficiencies are not corrected. Doubtful loans are those having all the weaknesses inherent to those classified Substandard with the added characteristics that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Special mention loans possess potential weaknesses that deserve management’s close attention but do not expose the Bank to a degree of risk that warrants substandard classification. Loans classified as watch are being monitored because of indications of potential weaknesses or deficiencies that may require future classification as special mention or substandard. Loans not meeting any of the criteria previously described are considered satisfactory. The FDIC-covered loans are evaluated using this internal grading system. These loans are accounted for in pools and are currently substantially covered through loss sharing agreements with the FDIC. Minimal adverse classification in the loan pools was identified as of March 31, 2015 and December 31, 2014, respectively. The acquired non-covered loans are also evaluated using this internal grading system. These loans are accounted for in pools and minimal adverse classification in the loan pools was identified as of March 31, 2015. See Note 8 for further discussion of the acquired loan pools and loss sharing agreements.

The Company evaluates the loan risk internal grading system definitions and allowance for loan loss methodology on an ongoing basis. In the fourth quarter of 2014, the Company began using a three-year average of historical losses for the general component of the allowance for loan loss calculation. The Company had previously used a five-year average. For interim periods, the Company uses three full years plus the interim period’s annualized average losses for the general component of the allowance for loan loss calculation. The Company believes that the three-year average provides a better representation of the current risks in the loan portfolio. This change was made after consultation with our regulators and other third-party consultants, as well as a review of the practices used by the Company’s peers. This change did not materially affect the level of the allowance for loan losses. The general component of the allowance for loan losses is affected by several factors, including, but not limited to, average historical losses, the average life of the loan, the current composition of the loan portfolio, current and expected economic conditions, collateral values and internal risk ratings. Management considers all these factors in determining the adequacy of its allowance for loan losses. No other significant changes were made to the loan risk grading system definitions and allowance for loan loss methodology during the past year.

		March 31, 2015
			Special
	Satisfactory	Watch	Mention	Substandard	Doubtful	Total
(In Thousands)
One- to four-family residential
construction	$36,345	$—	$—	$854	$—	$37,199
Subdivision construction	31,234	20	—	4,199	—	35,453
Land development	36,864	5,000	—	5,857	—	47,721
Commercial construction	445,781	—	—	—	—	445,781
Owner occupied one- to four-
family residential	91,910	601	—	1,769	—	94,280
Non-owner occupied one- to four-
family residential	143,667	437	—	1,197	—	145,301
Commercial real estate	923,330	31,991	—	10,652	—	965,973
Other residential	384,066	9,608	—	1,956	—	395,630
Commercial business	365,215	229	—	1,375	—	366,819
Industrial revenue bonds	40,579	619	—	—	—	41,198
Consumer auto	347,954	—	—	381	—	348,335
Consumer other	75,883	—	—	445	—	76,328
Home equity lines of credit	67,690	—	—	416	—	68,106
Acquired FDIC-covered loans,
net of discounts	274,470	—	—	540	—	275,010
Acquired loans no longer covered
by FDIC loss sharing
agreements, net of discounts	45,651	—	—	1,054	—	46,705
Acquired non-covered loans,
net of discounts	116,301	—	—	132	—	116,433

Total	$3,426,940	$48,505	$—	$30,827	$—	$3,506,272

	December 31, 2014
			Special
	Satisfactory	Watch	Mention	Substandard	Doubtful	Total
(In Thousands)
One- to four-family residential
construction	$39,049	$—	$—	$1,312	$—	$40,361
Subdivision construction	24,269	21	—	4,303	—	28,593
Land development	41,035	5,000	—	6,061	—	52,096
Commercial construction	392,929	—	—	—	—	392,929
Owner occupied one- to-four-
family residential	85,041	745	—	1,763	—	87,549
Non-owner occupied one- to-
four-family residential	141,198	580	—	1,273	—	143,051
Commercial real estate	901,167	32,155	—	12,554	—	945,876
Other residential	380,811	9,647	—	1,956	—	392,414
Commercial business	351,744	423	—	1,845	—	354,012
Industrial revenue bonds	40,037	1,024	—	—	—	41,061
Consumer auto	323,002	—	—	351	—	323,353
Consumer other	77,507	3	—	519	—	78,029
Home equity lines of credit	65,841	—	—	431	—	66,272
Acquired FDIC-covered loans,
net of discounts	286,049	—	—	559	—	286,608
Acquired loans no longer covered
by FDIC loss sharing
agreements, net of discounts	48,592	—	—	1,353	—	49,945
Acquired non-covered loans,
net of discounts	121,982	—	—	—	—	121,982

Total	$3,320,253	$49,598	$—	$34,280	$—	$3,404,131