XML 16 R48.htm IDEA: XBRL DOCUMENT v3.2.0.727
LOANS AND CREDIT QUALITY Loans and Credit Quality (Loans Held-For-Sale) (Details) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Loans Held-for-Sale [Abstract]    
Mortgage loans held-for-sale [1] $ 24,414 $ 42,215
Other loans held-for-sale [2] 29,849 72,946
Total loans held-for-sale $ 54,263 $ 115,161
[1] Comprised of residential mortgage loan originations intended to be sold in the secondary market. The Company accounts for these loans under the fair value option. Refer to Note 16 for additional information regarding mortgage loans held-for-sale.
[2] Amounts at June 30, 2015, represent commercial and commercial real estate loans carried at the lower of aggregate cost or fair value. Generally, the Company intends to sell these loans within 30-60 days from the date the intent to sell was established. Amounts at December 31, 2014, consist of $36.6 million of commercial, commercial real estate and construction loans carried at the lower of aggregate cost or fair value and $36.3 million of commercial, commercial real estate, construction, home equity and personal loans held-for-sale in connection with the sale of the Company's banking office located in Norcross, Georgia, which closed in January 2015.