Exhibit 99.1

Park Sterling Corporation Announces

Results for Third Quarter 2014 – Reports Record

Total Revenues and Record Organic Loan Growth

Charlotte, NC – October 30, 2014 – Park Sterling Corporation (NASDAQ: PSTB), the holding company for Park Sterling Bank, today released unaudited results of operations and other financial information for the third quarter of 2014. Highlights at and for the three months ended September 30, 2014 include:

Highlights

“Operating results for the third quarter reflect continued strong performance from Park Sterling’s growth strategies,” said James C. Cherry, Chief Executive Officer. “For the three months ended September 30, 2014, we reported record revenues of $23.9 million, representing a 14% annualized growth rate, driven in part by record organic loan growth of $78.5 million, representing a 21% annualized growth rate. We are particularly pleased that this revenue growth occurred across so many of our non-credit product lines, including deposit service charges, mortgage banking, wealth management and capital markets. We believe these results confirm the attractiveness of our diversified business model, our recent hiring initiatives and our partnership with Provident Community Bancshares, Inc. (“Provident Community”), which was acquired on May 1, 2014.

Importantly, this strong revenue growth enabled us to report an increase in adjusted net income, which excludes merger-related expenses and gain or loss on sale of securities, while absorbing the negative impact of two items. First, we recorded a $607,000 increase in expense related to our FDIC loss share agreements, including amortization of the indemnification asset and higher true-up liability expense, reflecting underlying loan performance that continues to exceed our original expectations. Second, we were negatively impacted in the third quarter by the absence of last quarter’s $936,000 non-recurring gain from selling MasterCard Class A shares. Despite the negative comparative impact of these two items, Park Sterling reported a 3% increase in adjusted net income to $4.0 million, or $0.09 per share, for the quarter.

One of Park Sterling’s most exciting events this quarter was the September launch of our brand marketing campaign under the theme “Answers You Can Bank On^SM.” We believe this theme accurately reflects our culture and strategy of providing customers with a broad range of innovative financial solutions, tailored to meet their individual needs and delivered through local bankers. The campaign, which is focused on the Charlotte-Concord-Gastonia MSA and Greenville-Anderson-Mauldin MSA, includes radio, print and digital advertising. It also includes both general brand awareness and specific product capabilities, such as our mobile platform’s debit card on-off and Picture Pay™ bill paying capabilities. The early results are very positive in terms of press coverage, anecdotal feedback and digital click through rates.

In other activity, we completed our operational integration of Provident Community in late August and now operate on one platform and through one brand. We continued to add experienced bankers across our platform, including hires in commercial banking, wealth management and mortgage banking, as part of our organic growth initiatives. Finally, in October, we announced our second de novo branch location in Greater Richmond.

Yesterday our board declared a quarterly dividend of $0.02 per common share, payable on November 26, 2014 to all shareholders of record as of the close of business on November 12, 2014. Any future dividends will be subject to board approval. In addition, our board approved a two year extension of our 2.2 million share repurchase program, which represents approximately 5% of issued and outstanding shares, to November 1, 2016. The intent of this program is to both help offset the potential dilutive effect of employee equity-based awards and to take advantage of opportunities to repurchase Park Sterling shares when doing so is believed to produce an attractive return for our shareholders relative to the company’s other investment opportunities.

Overall, we are very pleased to report the company’s strong operating results this quarter and believe that Park Sterling is well positioned to continue pursuing our vision of building a full-service regional banking franchise across the Carolinas, Virginia and North Georgia.”

Financial Results

Income Statement – Three Months Ended September 30, 2014

Park Sterling reported net income of $2.5 million, or $0.06 per share, for the three months ended September 30, 2014 (“2014Q3”). This compares to net income of $3.4 million, or $0.08 per share, for the three months ended June 30, 2014 (“2014Q2”) and net income of $4.2 million, or $0.10 per share, for the three months ended September 30, 2013 (“2013Q3”). The $975,000, or 28%, decrease in net income from 2014Q2 resulted primarily from a $1.6 million increase in merger-related expenses, associated with the operational conversion of Provident Community and a related branch consolidation, which was partially offset by a $119,000 increase in reversal of provision expense. Total revenues, which include net interest income and noninterest income, increased $813,000, or 14% annualized, to $23.9 million in 2014Q3 driven by organic growth and a full quarter of Provident Community results. The $1.8 million, or 42%, decrease in net income from 2013Q3 resulted primarily from a $2.1 million increase in merger-related expenses.

Park Sterling reported adjusted net income, which excludes merger-related expenses and gain or loss on sale of securities, of $4.0 million, or $0.09 per share, in 2014Q3. This compares to adjusted net income of $3.8 million, or $0.09 per share, in 2014Q2 and adjusted net income of $4.3 million, or $0.10 per share, in 2013Q3. The $127,000, or 3%, increase in adjusted net income from 2014Q2 resulted primarily from the increased revenues and larger reversal of provision expense noted above, which were partially offset by a $777,000, or 4%, increase in adjusted noninterest expenses, which exclude merger-related expenses. The increase in adjusted noninterest expenses reflects hiring initiatives related to the company’s organic growth strategies as well as a full quarter of Provident Community results. The $357,000, or 8%, decrease in adjusted net income from 2013Q3 resulted primarily from a $2.9 million increase in adjusted noninterest expenses, which was partially offset by a $2.3 million increase in total revenues and a $65,000 increase in reversal of provision expense.

Net interest income totaled $20.7 million in 2014Q3, which represents a $1.7 million, or 9%, increase from $19.1 million in 2014Q2 and a $2.4, or 13%, increase from $18.3 million in 2013Q3. Average total earning assets increased $128.4 million, or 7%, to $2.07 billion in 2014Q3 compared to $1.94 billion in 2014Q2, reflecting organic growth and a full quarter of Provident Community results. This growth included a $118.5 million, or 8%, increase in average loans (including loans held for sale) and a $59.6 million, or 14%, increase in average marketable securities, which were partially offset by a $49.7 million, or 44%, decrease in average other earning assets. The large decrease in average other earning assets reflects deployment of cash into loans and marketable securities. Average total earning assets increased $319.0 million, or 18%, in 2014Q3 compared to $1.75 billion in 2013Q3, again reflecting organic growth and the Provident Community acquisition. This growth included a $196.6 million, or 15%, increase in average loans (including loans held for sale) and a $144.8 million, or 42%, increase in average marketable securities, which were partially offset by a $22.4 million, or 26%, decrease in average other earning assets.

Net interest margin was 3.98% in 2014Q3, representing a 3 basis point increase from 3.95% in 2014Q2 and an 18 basis point decrease from 4.16% in 2013Q3. The increase in net interest margin from 2014Q2 resulted primarily from a 9 basis point decrease in the cost of average total interest-bearing liabilities to 0.44% from 0.53%. This included a 4 basis point decrease in the cost of average total interest-bearing deposits to 0.35% and a 152 basis point decrease in the cost of average borrowed funds to 1.39%, reflecting the full redemption of $6.9 million of 11% subordinated notes on June 30, 2014. The yield on average total earning assets decreased 4 basis points to 4.34% in 2014Q3 from 4.38% in 2014Q2. This included a 22 basis point decrease in yield on average loans (including fees) to 5.16%, which was partially offset by an 8 basis point increase in yield on average marketable securities to 2.22% and a 31 basis point increase in yield on average other earning assets to 0.80%, as well as by a shift in mix from other earning assets to marketable securities. The decrease in net interest margin from 2013Q3 resulted primarily from a 25 basis point decrease in yield on average loans (including fees) and a 4 basis point increase in cost of average total interest-bearing liabilities.

Adjusted net interest margin, which excludes accelerated accretion, was 3.95% in 2014Q3, representing a 2 basis point increase from 3.93% in 2014Q2 and a 9 basis point decrease from 4.04% in 2013Q3. Accelerated accretion ($173,000 in 2014Q3, $86,000 in 2014Q2 and $529,000 in 2013Q3) reflects enhanced accretion of credit and interest rate marks resulting from borrowers repaying performing acquired loans faster than required by their contractual terms and/or restructuring loans in such a way as to effectively result in a new loan under the contractual cash flow method of accounting, both of which result in the associated remaining credit and interest rate marks being fully accreted into interest income. The increase in adjusted net interest margin from 2014Q2 resulted primarily from the decrease in cost of average total interest-bearing liabilities discussed above. The decrease in adjusted net interest margin from 2013Q3 resulted primarily from the decrease in yield on average loans (including fees) discussed above.

The company reported a $484,000 net release in provision for loan losses in 2014Q3, compared to a net release of $365,000 in 2014Q2 and a net release of $419,000 in 2013Q3. The 2014Q3 release was driven by a $764,000 net loan loss recovery for the period, which was partially offset by $284,000 of provision expense associated with growth in non-acquired loans. The 2014Q2 release was driven by a $530,000 recovery from returning a previously impaired covered PCI pool to non-impaired status, as accounted for under ASC 310-30 (formerly SOP 03-3), including the impact on the related indemnification asset, which was partially offset by $165,000 of provision expense associated with growth in non-acquired loans. The 2013Q3 release was driven by returning a previously impaired covered PCI pool to non-impaired status.

Noninterest income decreased $840,000, or 21%, to $3.1 million in 2014Q3 compared to $4.0 million in 2014Q2. This decrease was driven by a $607,000, or 82%, increase in FDIC loss-share related expenses (amortization of the indemnification asset and true-up liability expense) and a $779,000, or 75%, decrease in other noninterest income reflecting the absence of the prior quarter’s $936,000 gain from selling MasterCard Class A shares. Customer-related revenues posted strong growth in 2014Q3 due to organic initiatives and a full quarter of Provident Community results, including a $136,000, or 14%, increase in service charges on deposit accounts, a $169,000, or 26%, increase in mortgage banking income, a $10,000, or 1%, increase in income from wealth management activities, and a $329,000, or 940%, increase in income from the company’s new capital markets activities, which is focused on interest rate and currency risk management products, loan syndications and debt placements. Compared to 2013Q3, noninterest income decreased $119,000, or 4%, primarily due to a $1.3 million increase in amortization related to the FDIC indemnification asset, which more than offset strong growth in customer-related revenues.

Expenses related to the company’s FDIC loss share agreements, which include amortization of the indemnification asset and true-up liability expense, totaled $1.3 million in 2014Q3, compared to $738,000 in 2014Q2 and $45,000 in 2013Q3. This increasing expense reflects reductions in the company’s loss share reimbursement expectations given better than originally forecast performance of the underlying covered loans. The company reported a $5.1 million indemnification asset at 2014Q3, approximately 67% of which relates to the Bank of Hiawassee (“BOH”) loss share agreement and 33% to the New Horizons Bank (“NHB”) loss share agreement, compared to $7.0 million at 2014Q2 and $14.0 million at 2013Q3. The commercial components of the BOH and NHB loss share agreements, which account for approximately 63% of covered loans, expire in March 2015 and April 2016, respectively. The company expects expenses related to loss share agreements to remain elevated through 2014 and then to taper as expiration of the BOH commercial agreement approaches.

Noninterest expense increased $2.4 million, or 13%, to $20.6 million in 2014Q3, compared to $18.2 million in 2014Q2, and increased $5.0 million, or 32%, compared to $15.7 million in 2013Q3. Adjusted noninterest expenses, which exclude merger-related expenses ($2.2 million in 2014Q3, $594,000 in 2014Q2 and $167,000 in 2013Q3), increased $777,000, or 4%, to $18.4 million in 2014Q3, compared to $17.6 million in 2014Q2 and increased $2.9 million, or 19%, compared to $15.5 million in 2013Q3. The increase in adjusted noninterest expenses from 2014Q2 resulted from both hiring initiatives and a full quarter of Provident Community results, and included a $524,000, or 5%, increase in personnel expenses, a $278,000, or 12%, increase in occupancy and equipment, a $55,000, or 4%, increase in data processing and service fees, a $73,000, or 20%, increase in deposit charges and FDIC insurance, and a $290,000, or 140%, increase in advertising and promotion expense related to the company’s new brand marketing campaign. In addition, net cost of operation of OREO increased $129,000, or 62%, due to a bulk auction of smaller properties. The increase in adjusted noninterest expenses from 2013Q3 again resulted primarily from hiring initiatives and the Provident Community acquisition.

The company’s effective tax rate was relatively flat at 33.84% in 2014Q3, compared to 33.94% in 2014Q2 and 33.32% in 2013Q3.

Balance Sheet

Total assets increased $80.7 million, or 4%, to $2.33 billion at 2014Q3, compared to total assets of $2.25 billion at 2014Q2, driven primarily by organic loan growth. Cash and equivalents decreased $10.2 million, or 15%, to $58.9 million, due to the deployment of excess cash into loans and securities. Total securities, including non-marketable securities, increased $19.7 million, or 4%, to $494.5 million. Total securities include two investments in senior tranches of collateralized loan obligations (“CLOs”) totaling $14.8 million, with respect to which the collateral eligibility provisions have not yet been amended to comply with the new bank investment criteria under the Volcker Rule. The two securities had a net unrealized loss of $179,000 at 2014Q3 that could result in the company recognizing other than temporary impairment should they ultimately be determined not to comply with the Volcker Rule. The company recognized a loss of $33,000 on the sale of an additional CLO during 2014Q2 given expectations that it would not be amended to comply with the Volcker Rule.   

Total loans, excluding loans held for sale, increased $78.5 million to $1.55 billion at 2014Q3, representing 21% annualized organic growth compared to $1.47 billion at 2014Q2. The company’s metropolitan markets, which include Charlotte, Raleigh and Wilmington, North Carolina, Greenville and Charleston, South Carolina and Richmond, Virginia, reported organic growth of $76.9 million, or 43% annualized, to $784.1 million, due to continued success in origination efforts. The community markets reported a $6.9 million, or 7% annualized, decrease in total loans to $411.9 million, due primarily to runoff in acquired loans. The company’s central business units, which primarily include mortgage, wealth management, builder finance and special assets, reported organic growth of $8.5 million, or 10% annualized, to $356.2 million, as increases in origination activities more than offset reductions in special asset loans.

The company’s loan mix shifted modestly at 2014Q3 compared to 2014Q2. The combination of commercial and industrial and owner-occupied real estate loans increased to 33% from 31% of total loans. Investor owned commercial real estate decreased from 31% to 30% of total loans. Acquisition, construction and development held flat at 9% of total loans. Total consumer loans decreased from 29% to 28% of total loans, with residential mortgages and home equity lines of credit remaining at 13% and 10%, respectively.

In terms of accounting designations, compared to 2014Q2, non-acquired loans, which include certain renewed and/or restructured acquired performing loans that are re-designated as non-acquired, increased $114.6 million, or 13%, to $1.02 billion. Acquired performing loans decreased $21.6 million, or 5%, to $388.0 million, and PCI loans decreased $14.5 million, or 9%, to $148.7 million. In terms of net acquisition accounting fair market value adjustments (or “marks”), at 2014Q3, non-covered performing acquired loans totaled $386.1 million and included a $3.6 million, or 0.92%, mark; non-covered PCI loans totaled $101.5 million and included a $25.0 million, or 19.7%, mark; and covered PCI loans totaled $49.0 million and included a $10.4 million, or 17.5%, mark.

Total deposits increased $1.9 million, or 0%, to $1.86 billion at 2014Q3, compared to 2014Q2. Noninterest bearing demand deposits decreased $9.8 million, or 3%, to $322.1 million (17% of total deposits). Non-brokered money market, NOW and savings deposits increased $41.9 million, or 5%, to $920.3 million (49% of total deposits). Non-brokered time deposits decreased $26.7 million, or 5%, to $482.6 million (26% of total deposits). Finally, brokered deposits, which include $64.1 million in broker-dealer sweep accounts utilized to partially fund an investment strategy initiated in 2013Q4, decreased $3.6 million, or 2%, to $139.6 million (8% of total deposits). Core deposits, which exclude time deposits greater than $250,000 and brokered deposits, continued to represent 90% of total deposits at 2014Q3.

Total borrowings increased $76.6 million, or 88%, to $163.4 million at 2014Q3 compared to $86.8 million at 2014Q2. This included an $85.0 million increase in FHLB borrowings to $140.0 million, which was used to fund organic loan growth and fully repay $8.6 million in short-term repurchase agreements, given a current net cost advantage over other sources of wholesale funding.

Total shareholders’ equity increased $1.6 million, or 1%, to $271.1 million at 2014Q3 compared to $269.5 million at 2014Q2, driven by retained earnings. The company did not repurchase any shares in 2014Q3 under its previously announced 2.2 million share repurchase authorization. The company’s ratio of tangible common equity to tangible assets decreased to 10.06% at 2014Q3 from 10.34% at 2014Q2, reflecting the increase in total assets resulting from organic loan growth. The company’s Tier 1 leverage ratio similarly decreased to 10.09% at 2014Q3 from 10.60% at 2014Q2.

Asset Quality

Asset quality ratios remained strong in the third quarter. Nonperforming loans increased $3.2 million, or 33%, to $12.7 million at 2014Q3, representing 0.82% of total loans compared to 0.65% of total loans at 2014Q2. However, this increase included a $1.8 million 90+ day past due relationship that repaid in full on October 1, 2014. Nonperforming assets increased $429,000, or 2%, to $26.0 million at 2014Q3, including the same past due relationship that subsequently repaid in full, but decreased to 1.12% of total assets from 1.14% at 2014Q2. Nonperforming assets include $4.7 million of covered OREO representing 18% of total nonperforming assets at 2014Q3, compared to $5.2 million of covered OREO representing 20% of total nonperforming assets at 2014Q2. The company currently expects 80% of losses and associated expenses on covered OREO to be reimbursed under its FDIC loss share agreements.

The company reported a net recovery of $764,000, or 0.20% of average loans (annualized), in 2014Q3, compared to a net recovery of $460,000, or 0.13% of average loans (annualized), in 2014Q2 and net charge-offs of $1.8 million, or 0.53% of average loans (annualized), in 2013Q3. The allowance for loan losses increased $280,000, or 3%, to $9.5 million at 2014Q3, compared to $9.2 million at 2014Q2, but decreased to 0.61% of total loans from 0.62% of total loans as a result of the previously discussed increase in total loans. The increase in allowance included (i) a $1.7 million, or 27%, decrease to $4.5 million in the quantitative component, reflecting significantly improved portfolio performance in recent quarters; (ii) a $1.6 million, or 77%, increase to $3.6 million in the qualitative component, reflecting management’s judgment regarding inherent loss in the portfolio not captured by historical losses; and (iii) a $378,000, or 39%, increase to $1.3 million in the specific component.

During the first quarter of 2011, and as contemplated in Park Sterling Bank’s 2010 public offering, 568,260 shares of restricted stock were issued but will not vest until the company’s share price achieves certain performance thresholds above the equity offering price (these restricted stock awards, of which 554,400 remained outstanding at 2014Q3, vest one-third each when the share price reaches, for 30 consecutive days, $8.125, $9.10 and $10.40 per share, respectively). These performance thresholds have not yet been achieved. Accordingly, these additional shares have been excluded from earnings and tangible book value per share calculations.

Conference Call

A conference call will be held at 8:30 a.m., Eastern Time this morning (October 30, 2014). The conference call can be accessed by dialing (877) 512-1104 and requesting the Park Sterling Corporation earnings call. Listeners should dial in 10 minutes prior to the start of the call. The live webcast and presentation slides will be available on www.parksterlingbank.com under Investor Relations, “Investor Presentations.”

A replay of the webcast will be available on www.parksterlingbank.com under Investor Relations, “Investor Presentations” shortly following the call. A replay of the conference call can be accessed approximately one hour after the call by dialing (877) 344-7529 and requesting conference number 10052522.

About Park Sterling Corporation

Park Sterling Corporation, the holding company for Park Sterling Bank, is headquartered in Charlotte, North Carolina. Park Sterling, a regional community-focused financial services company with approximately $2.3 billion in assets, is the largest community bank headquartered in the Charlotte area and has 53 banking offices stretching across the Carolinas and into North Georgia, as well as in Richmond, Virginia. The bank serves professionals, individuals, and small and mid-sized businesses by offering a full array of financial services, including deposit, mortgage banking, cash management, consumer and business finance, and wealth management services under the marketing campaign “Answers You Can Bank On^SM.” Park Sterling prides itself on being large enough to help customers achieve their financial aspirations, yet small enough to care that they do. Park Sterling is focused on building a banking franchise that is noted for sound risk management, customized product solutions and exceptional customer service. For more information, visit www.parksterlingbank.com. Park Sterling Corporation shares are traded on NASDAQ under the symbol PSTB.

Non-GAAP Financial Measures

Tangible assets, tangible common equity, tangible book value, adjusted net income available to common shareholders, adjusted net interest margin, adjusted noninterest income, adjusted noninterest expenses, adjusted allowance for loan losses, adjusted net charge-offs/ recoveries, and related ratios and per share measures, including adjusted return on average assets and adjusted return on average equity, as used throughout this release, are non-GAAP financial measures. For additional information, see “Reconciliation of Non-GAAP Financial Measures” in the accompanying tables.

Cautionary Statement Regarding Forward Looking Statements

This news release contains, and Park Sterling and its management may make, certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts and often use words such as “may,” “plan,” “contemplate,” “anticipate,” “believe,” “intend,” “continue,” expect,” “project,” “predict,” “estimate,” “could,” “should,” “would,” “will,” “goal,” “target” and similar expressions. These forward-looking statements express management's current expectations or forecasts of future events and, by their nature, are subject to risks and uncertainties and there are a number of factors that could cause actual results to differ materially from those in such statements. Factors that might cause such a difference include, but are not limited to: failure to realize synergies and other financial benefits from the merger with Provident Community within the expected time frames; increases in expected costs or decreases in expected savings or difficulties related to merger integration matters; inability to identify and successfully negotiate and complete additional combinations with other potential merger partners or to successfully integrate such businesses into Park Sterling, including the company’s ability to adequately estimate or to realize the benefits and cost savings from and limit any unexpected liabilities acquired as a result of any such business combinations; failure to generate an adequate return on investment related to the Richmond branches or other hiring initiatives; inability to generate future organic growth in loan balances or retail banking, wealth management, mortgage banking or capital markets results through the hiring of new personnel, development of new products, opening of de novo branches or otherwise; variability in the performance of covered loans and associated loss-share related expenses; the effects of negative or soft economic conditions, including stress in the commercial real estate markets or failure of continued recovery in the residential real estate markets; changes in consumer and investor confidence and the related impact on financial markets and institutions; changes in interest rates; failure of assumptions underlying noninterest expense levels; failure of assumptions underlying the establishment of allowances for loan losses; deterioration in the credit quality of the loan portfolio or in the value of the collateral securing those loans; deterioration in the value of securities held in the investment securities portfolio; the possibility of recognizing other than temporary impairments on holdings of collateralized loan obligation securities as a result of the Volcker Rule; the impacts on Park Sterling of a potential increasing rate environment; the potential impacts of any government shutdown or debt ceiling impasse, including the risk of a U.S. credit rating downgrade or default, or continued global economic instability, which could cause disruptions in the financial markets, impact interest rates, and cause other potential unforeseen consequences; fluctuations in the market price of the common stock, regulatory, legal and contractual requirements of Park Sterling, other uses of capital, the company’s financial performance, market conditions generally, and future actions by the board of directors, in each case impacting repurchases of common stock or declaration of dividends; legal and regulatory developments, including changes in the federal risk-based capital rules; increased competition from both banks and nonbanks; changes in accounting standards, rules and interpretations, inaccurate estimates or assumptions in accounting, including acquisition accounting fair market value assumptions and accounting for purchased credit-impaired loans, and the impact on Park Sterling’s financial statements; and management’s ability to effectively manage credit risk, market risk, operational risk, legal risk, and regulatory and compliance risk.

You should not place undue reliance on any forward-looking statement and should consider all of the above uncertainties and risks, as well as those more fully discussed in any of Park Sterling’s filings with the SEC. Forward-looking statements speak only as of the date they are made, and Park Sterling undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.

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For additional information contact:

David Gaines

Chief Financial Officer

(704) 716-2134

david.gaines@parksterlingbank.com

Non-GAAP Financial Measures

Tangible assets, tangible common equity, tangible book value, adjusted net income available to common shareholders, adjusted net interest margin, adjusted noninterest income, adjusted noninterest expenses, adjusted allowance for loan losses, adjusted net charge-offs (recoveries), and related ratios and per share measures, including adjusted return on average assets and adjusted return on average equity, as used throughout this release, are non-GAAP financial measures. Management uses (i) tangible assets, tangible common equity and tangible book value (which exclude goodwill and other intangibles from equity and assets), and related ratios, to evaluate the adequacy of shareholders’ equity and to facilitate comparisons with peers; (ii) adjusted allowance for loan losses (which includes net FMV adjustments related to acquired loans) as supplemental information for comparing the combined allowance and fair market value adjustments to the combined acquired and non-acquired loan portfolios (fair market value adjustments are available only for losses on acquired loans); (iii) adjusted net charge-offs/ recoveries (which exclude the impact of acquisition accounting related to PCI loans) to evaluate both its asset quality and asset quality trends, and to facilitate comparisons with peers; and (iii) adjusted net income, adjusted noninterest income and adjusted noninterest expenses (which exclude merger-related expenses and gain or loss on sale of securities, as applicable), adjusted net interest margin (which excludes accelerated accretion of net acquisition accounting fair market value adjustments), and adjusted return on average assets and adjusted return on average equity (which exclude merger-related expenses and gain on or loss sale of securities) to evaluate core earnings and to facilitate comparisons with peers.