0000883948--12-31Q2202082063000false0000883948us-gaap:ReserveForOffBalanceSheetActivitiesMember2020-06-300000883948us-gaap:ReserveForOffBalanceSheetActivitiesMember2019-12-310000883948aub:XenithMember2018-01-0100008839482016-12-310000883948us-gaap:PreferredStockMember2020-04-012020-06-300000883948us-gaap:CommonStockMember2020-04-012020-06-300000883948us-gaap:CommonStockMember2020-01-012020-03-310000883948us-gaap:CommonStockMember2019-04-012019-06-300000883948us-gaap:CommonStockMember2019-01-012019-03-310000883948aub:DepositarySharesMember2020-06-092020-06-090000883948us-gaap:RetainedEarningsMember2020-06-300000883948us-gaap:PreferredStockMember2020-06-300000883948us-gaap:CommonStockMember2020-06-300000883948us-gaap:AdditionalPaidInCapitalMember2020-06-300000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-06-300000883948us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-06-300000883948us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-06-300000883948aub:UnrealizedGainLossOnBankOwnedLifeInsuranceMember2020-06-300000883948aub:AccumulatedNetInvestmentGainLossTransferredToHeldToMaturityAttributableToParentMember2020-06-300000883948us-gaap:RetainedEarningsMember2020-03-310000883948us-gaap:CommonStockMember2020-03-310000883948us-gaap:AdditionalPaidInCapitalMember2020-03-310000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-03-310000883948us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-03-310000883948us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-03-310000883948aub:UnrealizedGainLossOnBankOwnedLifeInsuranceMember2020-03-310000883948aub:AccumulatedNetInvestmentGainLossTransferredToHeldToMaturityAttributableToParentMember2020-03-310000883948us-gaap:RetainedEarningsMember2019-12-310000883948us-gaap:CommonStockMember2019-12-310000883948us-gaap:AdditionalPaidInCapitalMember2019-12-310000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-12-310000883948us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-12-310000883948us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2019-12-310000883948aub:UnrealizedGainLossOnBankOwnedLifeInsuranceMember2019-12-310000883948aub:AccumulatedNetInvestmentGainLossTransferredToHeldToMaturityAttributableToParentMember2019-12-310000883948us-gaap:RetainedEarningsMember2019-06-300000883948us-gaap:CommonStockMember2019-06-300000883948us-gaap:AdditionalPaidInCapitalMember2019-06-300000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-06-300000883948us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-06-300000883948us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2019-06-300000883948aub:UnrealizedGainLossOnBankOwnedLifeInsuranceMember2019-06-300000883948aub:AccumulatedNetInvestmentGainLossTransferredToHeldToMaturityAttributableToParentMember2019-06-300000883948us-gaap:RetainedEarningsMember2019-03-310000883948us-gaap:CommonStockMember2019-03-310000883948us-gaap:AdditionalPaidInCapitalMember2019-03-310000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-03-310000883948us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-03-310000883948us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2019-03-310000883948aub:UnrealizedGainLossOnBankOwnedLifeInsuranceMember2019-03-310000883948aub:AccumulatedNetInvestmentGainLossTransferredToHeldToMaturityAttributableToParentMember2019-03-3100008839482019-03-310000883948us-gaap:RetainedEarningsMember2018-12-310000883948us-gaap:CommonStockMember2018-12-310000883948us-gaap:AdditionalPaidInCapitalMember2018-12-310000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-12-310000883948us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2018-12-310000883948us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2018-12-310000883948aub:UnrealizedGainLossOnBankOwnedLifeInsuranceMember2018-12-310000883948aub:AccumulatedNetInvestmentGainLossTransferredToHeldToMaturityAttributableToParentMember2018-12-310000883948us-gaap:FinancialServiceOtherMember2020-04-012020-06-300000883948us-gaap:DepositAccountMember2020-04-012020-06-300000883948us-gaap:AssetManagement1Member2020-04-012020-06-300000883948aub:InterchangeFeesNetMember2020-04-012020-06-300000883948us-gaap:FinancialServiceOtherMember2020-01-012020-06-300000883948us-gaap:DepositAccountMember2020-01-012020-06-300000883948us-gaap:AssetManagement1Member2020-01-012020-06-300000883948aub:InterchangeFeesNetMember2020-01-012020-06-300000883948us-gaap:FinancialServiceOtherMember2019-04-012019-06-300000883948us-gaap:DepositAccountMember2019-04-012019-06-300000883948us-gaap:AssetManagement1Member2019-04-012019-06-300000883948aub:InterchangeFeesNetMember2019-04-012019-06-300000883948us-gaap:FinancialServiceOtherMember2019-01-012019-06-300000883948us-gaap:DepositAccountMember2019-01-012019-06-300000883948us-gaap:AssetManagement1Member2019-01-012019-06-300000883948aub:InterchangeFeesNetMember2019-01-012019-06-300000883948us-gaap:FinancialServiceOtherMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-04-012020-06-300000883948aub:TrustAssetManagementFeesMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-04-012020-06-300000883948aub:RegisteredAdvisorManagementFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-04-012020-06-300000883948aub:OverdraftFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-04-012020-06-300000883948aub:MaintenanceFeesOtherMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-04-012020-06-300000883948aub:InterchangeFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-04-012020-06-300000883948aub:BrokerageManagementFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-04-012020-06-300000883948us-gaap:FinancialServiceOtherMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-01-012020-06-300000883948aub:TrustAssetManagementFeesMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-01-012020-06-300000883948aub:RegisteredAdvisorManagementFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-01-012020-06-300000883948aub:OverdraftFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-01-012020-06-300000883948aub:MaintenanceFeesOtherMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-01-012020-06-300000883948aub:InterchangeFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-01-012020-06-300000883948aub:BrokerageManagementFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-01-012020-06-300000883948us-gaap:FinancialServiceOtherMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-04-012019-06-300000883948aub:TrustAssetManagementFeesMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-04-012019-06-300000883948aub:RegisteredAdvisorManagementFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-04-012019-06-300000883948aub:OverdraftFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-04-012019-06-300000883948aub:MaintenanceFeesOtherMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-04-012019-06-300000883948aub:InterchangeFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-04-012019-06-300000883948aub:BrokerageManagementFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-04-012019-06-300000883948us-gaap:FinancialServiceOtherMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-01-012019-06-300000883948aub:TrustAssetManagementFeesMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-01-012019-06-300000883948aub:RegisteredAdvisorManagementFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-01-012019-06-300000883948aub:OverdraftFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-01-012019-06-300000883948aub:MaintenanceFeesOtherMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-01-012019-06-300000883948aub:InterchangeFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-01-012019-06-300000883948aub:BrokerageManagementFeesNetMemberus-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-01-012019-06-300000883948aub:TrustPreferredCapitalNotesMember2020-01-012020-06-3000008839482012-08-232012-08-230000883948us-gaap:SeriesAPreferredStockMember2020-06-090000883948aub:DepositarySharesMemberus-gaap:SubsequentEventMember2020-07-242020-07-240000883948us-gaap:RepurchaseAgreementsMemberus-gaap:HeldtomaturitySecuritiesMember2020-06-300000883948us-gaap:RepurchaseAgreementsMemberus-gaap:AvailableforsaleSecuritiesMember2020-06-300000883948us-gaap:HeldtomaturitySecuritiesMemberaub:PaycheckProtectionProgramLiquidityFacilityMember2020-06-300000883948us-gaap:FederalHomeLoanBankAdvancesMemberus-gaap:HeldtomaturitySecuritiesMember2020-06-300000883948us-gaap:FederalHomeLoanBankAdvancesMemberus-gaap:AvailableforsaleSecuritiesMember2020-06-300000883948us-gaap:DerivativeMemberus-gaap:HeldtomaturitySecuritiesMember2020-06-300000883948us-gaap:DerivativeMemberus-gaap:AvailableforsaleSecuritiesMember2020-06-300000883948us-gaap:DepositsMemberus-gaap:HeldtomaturitySecuritiesMember2020-06-300000883948us-gaap:DepositsMemberus-gaap:AvailableforsaleSecuritiesMember2020-06-300000883948us-gaap:AvailableforsaleSecuritiesMemberaub:PaycheckProtectionProgramLiquidityFacilityMember2020-06-300000883948aub:OtherPurposeMemberus-gaap:HeldtomaturitySecuritiesMember2020-06-300000883948aub:OtherPurposeMemberus-gaap:AvailableforsaleSecuritiesMember2020-06-300000883948aub:FederalFundsMemberus-gaap:HeldtomaturitySecuritiesMember2020-06-300000883948aub:FederalFundsMemberus-gaap:AvailableforsaleSecuritiesMember2020-06-300000883948us-gaap:RepurchaseAgreementsMemberus-gaap:HeldtomaturitySecuritiesMember2019-12-310000883948us-gaap:RepurchaseAgreementsMemberus-gaap:AvailableforsaleSecuritiesMember2019-12-310000883948us-gaap:FederalHomeLoanBankAdvancesMemberus-gaap:HeldtomaturitySecuritiesMember2019-12-310000883948us-gaap:FederalHomeLoanBankAdvancesMemberus-gaap:AvailableforsaleSecuritiesMember2019-12-310000883948us-gaap:DerivativeMemberus-gaap:HeldtomaturitySecuritiesMember2019-12-310000883948us-gaap:DerivativeMemberus-gaap:AvailableforsaleSecuritiesMember2019-12-310000883948us-gaap:DepositsMemberus-gaap:HeldtomaturitySecuritiesMember2019-12-310000883948us-gaap:DepositsMemberus-gaap:AvailableforsaleSecuritiesMember2019-12-310000883948aub:OtherPurposeMemberus-gaap:HeldtomaturitySecuritiesMember2019-12-310000883948aub:OtherPurposeMemberus-gaap:AvailableforsaleSecuritiesMember2019-12-310000883948aub:FederalFundsMemberus-gaap:HeldtomaturitySecuritiesMember2019-12-310000883948aub:FederalFundsMemberus-gaap:AvailableforsaleSecuritiesMember2019-12-310000883948us-gaap:HeldtomaturitySecuritiesMember2019-12-310000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-01-012020-03-310000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-01-012019-03-310000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-04-012020-06-300000883948us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-04-012020-06-300000883948us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-04-012020-06-300000883948aub:UnrealizedGainLossOnBankOwnedLifeInsuranceMember2020-04-012020-06-300000883948aub:AccumulatedNetInvestmentGainLossTransferredToHeldToMaturityAttributableToParentMember2020-04-012020-06-300000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-01-012020-06-300000883948us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-01-012020-06-300000883948us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-01-012020-06-300000883948aub:UnrealizedGainLossOnBankOwnedLifeInsuranceMember2020-01-012020-06-300000883948aub:AccumulatedNetInvestmentGainLossTransferredToHeldToMaturityAttributableToParentMember2020-01-012020-06-300000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-04-012019-06-300000883948us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-04-012019-06-300000883948us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2019-04-012019-06-300000883948aub:UnrealizedGainLossOnBankOwnedLifeInsuranceMember2019-04-012019-06-300000883948aub:AccumulatedNetInvestmentGainLossTransferredToHeldToMaturityAttributableToParentMember2019-04-012019-06-300000883948us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-01-012019-06-300000883948us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-01-012019-06-300000883948us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2019-01-012019-06-300000883948aub:UnrealizedGainLossOnBankOwnedLifeInsuranceMember2019-01-012019-06-300000883948aub:AccumulatedNetInvestmentGainLossTransferredToHeldToMaturityAttributableToParentMember2019-01-012019-06-300000883948us-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-04-012020-06-300000883948us-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2020-01-012020-06-300000883948us-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-04-012019-06-300000883948us-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member2019-01-012019-06-300000883948us-gaap:AccountingStandardsUpdate201613Member2020-01-012020-06-300000883948us-gaap:AccountingStandardsUpdate201602Memberus-gaap:RetainedEarningsMember2020-01-012020-03-310000883948us-gaap:AccountingStandardsUpdate201602Member2020-01-012020-03-310000883948aub:OtherCommercialMemberaub:PaycheckProtectionProgramPppMember2020-06-300000883948aub:CommercialAndIndustrialMemberaub:PaycheckProtectionProgramPppMember2020-06-300000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:ConstructionLoansMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:ConstructionLoansMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:ConstructionLoansMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:ConstructionLoansMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:CommercialPortfolioSegmentMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:AutomobileLoanMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:AutomobileLoanMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:AutomobileLoanMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:AutomobileLoanMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMembersrt:MultifamilyMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMembersrt:MultifamilyMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMembersrt:MultifamilyMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMembersrt:MultifamilyMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyRevolvingMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyRevolvingMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyRevolvingMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyRevolvingMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyConsumerMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyConsumerMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyConsumerMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyConsumerMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyCommercialMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyCommercialMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyCommercialMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyCommercialMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:OtherCommercialMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:OtherCommercialMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:OtherCommercialMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:OtherCommercialMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:ConsumerSegmentMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:ConsumerSegmentMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:ConsumerSegmentMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:ConsumerSegmentMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateOwnerOccupiedMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateOwnerOccupiedMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateOwnerOccupiedMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateOwnerOccupiedMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialAndIndustrialMemberus-gaap:SubstandardMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialAndIndustrialMemberus-gaap:SpecialMentionMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialAndIndustrialMemberus-gaap:PassMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialAndIndustrialMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:ConstructionLoansMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:ConstructionLoansMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:ConstructionLoansMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:ConstructionLoansMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:AutomobileLoanMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:AutomobileLoanMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:AutomobileLoanMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:AutomobileLoanMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMembersrt:MultifamilyMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMembersrt:MultifamilyMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMembersrt:MultifamilyMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMembersrt:MultifamilyMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyRevolvingMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyRevolvingMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyRevolvingMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyRevolvingMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyConsumerMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyConsumerMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyConsumerMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyConsumerMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyCommercialMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyCommercialMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyCommercialMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyCommercialMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:OtherCommercialMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:OtherCommercialMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:OtherCommercialMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:OtherCommercialMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:ConsumerSegmentMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:ConsumerSegmentMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:ConsumerSegmentMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:ConsumerSegmentMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialRealEstateOwnerOccupiedMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialRealEstateOwnerOccupiedMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialRealEstateOwnerOccupiedMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialRealEstateOwnerOccupiedMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialAndIndustrialMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialAndIndustrialMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialAndIndustrialMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialAndIndustrialMemberus-gaap:DoubtfulMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:CommercialPortfolioSegmentMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:SubstandardMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:SpecialMentionMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:PassMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:DoubtfulMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:ConstructionLoansMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberus-gaap:AutomobileLoanMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMembersrt:MultifamilyMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyRevolvingMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyConsumerMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:Residential1To4FamilyCommercialMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:OtherCommercialMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:ConsumerSegmentMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialRealEstateOwnerOccupiedMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialRealEstateNonOwnerOccupiedMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMemberaub:CommercialAndIndustrialMember2019-12-310000883948aub:ExcludingReceivablesAcquiredWithDeterioratedCreditQualityMember2019-12-310000883948srt:RestatementAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Memberus-gaap:UnfundedLoanCommitmentMember2020-01-010000883948us-gaap:UnfundedLoanCommitmentMember2020-01-010000883948us-gaap:UnfundedLoanCommitmentMemberus-gaap:PreviousAccountingGuidanceMember2019-12-310000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2020-06-300000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2020-06-300000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2020-06-300000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2020-06-300000883948us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMember2020-06-300000883948us-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateSwapMember2020-06-300000883948us-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwapMember2020-06-300000883948us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:InterestRateSwapMember2020-06-300000883948us-gaap:InterestRateSwapMember2020-06-300000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2019-12-310000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2019-12-310000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2019-12-310000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2019-12-310000883948us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMember2019-12-310000883948us-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateSwapMember2019-12-310000883948us-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwapMember2019-12-310000883948us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:InterestRateSwapMember2019-12-310000883948us-gaap:InterestRateSwapMember2019-12-310000883948aub:PaycheckProtectionProgramPppMember2020-04-012020-06-300000883948us-gaap:ConstructionLoansMember2019-04-012019-06-300000883948us-gaap:AutomobileLoanMember2019-04-012019-06-300000883948aub:Residential1To4FamilyRevolvingMember2019-04-012019-06-300000883948aub:Residential1To4FamilyConsumerMember2019-04-012019-06-300000883948aub:Residential1To4FamilyCommercialMember2019-04-012019-06-300000883948aub:OtherCommercialMember2019-04-012019-06-300000883948aub:ConsumerSegmentMember2019-04-012019-06-300000883948aub:CommercialRealEstateOwnerOccupiedMember2019-04-012019-06-300000883948aub:CommercialRealEstateNonOwnerOccupiedMember2019-04-012019-06-300000883948aub:CommercialAndIndustrialMember2019-04-012019-06-300000883948aub:OtherCommercialMember2019-01-012019-06-300000883948aub:ConsumerSegmentMember2019-01-012019-06-300000883948us-gaap:HeldtomaturitySecuritiesMember2020-01-012020-06-300000883948aub:MoodySNotRatedNonAgencyMemberaub:StandardPoorsNotRatedNonAgencyMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2020-06-300000883948aub:MoodySNotRatedNonAgencyMemberaub:StandardPoorsNotRatedNonAgencyMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-06-300000883948aub:MoodySNotRatedNonAgencyMemberaub:StandardPoorsNotRatedNonAgencyMemberus-gaap:MortgageBackedSecuritiesMember2020-06-300000883948aub:MoodySNotRatedAgencyMemberaub:StandardPoorsNotRatedAgencyMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2020-06-300000883948aub:MoodySNotRatedAgencyMemberaub:StandardPoorsNotRatedAgencyMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-06-300000883948aub:MoodySNotRatedAgencyMemberaub:StandardPoorsNotRatedAgencyMemberus-gaap:MortgageBackedSecuritiesMember2020-06-300000883948aub:MoodysAaaAaRatingMemberaub:StandardPoorsAaaAaRatingMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2020-06-300000883948aub:MoodysAaaAaRatingMemberaub:StandardPoorsAaaAaRatingMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-06-300000883948aub:MoodysAaaAaRatingMemberaub:StandardPoorsAaaAaRatingMemberus-gaap:MortgageBackedSecuritiesMember2020-06-300000883948aub:MoodySNotRatedNonAgencyMemberaub:StandardPoorsNotRatedNonAgencyMember2020-06-300000883948aub:MoodySNotRatedAgencyMemberaub:StandardPoorsNotRatedAgencyMember2020-06-300000883948aub:MoodysAaaAaRatingMemberaub:StandardPoorsAaaAaRatingMember2020-06-300000883948us-gaap:MortgageBackedSecuritiesMember2020-06-300000883948us-gaap:LoansMember2020-06-300000883948us-gaap:AvailableforsaleSecuritiesMember2020-06-300000883948us-gaap:LoansMember2019-12-310000883948us-gaap:AvailableforsaleSecuritiesMember2019-12-310000883948srt:MinimumMemberus-gaap:OtherIntangibleAssetsMember2020-01-012020-06-300000883948srt:MinimumMemberus-gaap:CoreDepositsMember2020-01-012020-06-300000883948srt:MaximumMemberus-gaap:OtherIntangibleAssetsMember2020-01-012020-06-300000883948srt:MaximumMemberus-gaap:CoreDepositsMember2020-01-012020-06-300000883948us-gaap:ConstructionLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-06-300000883948us-gaap:ConstructionLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948aub:Residential1To4FamilyCommercialMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-06-300000883948aub:Residential1To4FamilyCommercialMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948aub:OtherCommercialMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948aub:CommercialRealEstateOwnerOccupiedMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-06-300000883948aub:CommercialRealEstateOwnerOccupiedMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948aub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-06-300000883948aub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948aub:CommercialAndIndustrialMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-06-300000883948aub:CommercialAndIndustrialMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948us-gaap:FinancingReceivables60To89DaysPastDueMember2020-06-300000883948us-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:ConstructionLoansMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:ConstructionLoansMemberaub:FinancingReceivables30To89DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMembersrt:MultifamilyMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMembersrt:MultifamilyMemberaub:FinancingReceivables30To89DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyRevolvingMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyRevolvingMemberaub:FinancingReceivables30To89DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyConsumerMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyConsumerMemberaub:FinancingReceivables30To89DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyCommercialMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyCommercialMemberaub:FinancingReceivables30To89DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:OtherCommercialMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:OtherCommercialMemberaub:FinancingReceivables30To89DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:ConsumerSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateOwnerOccupiedMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateOwnerOccupiedMemberaub:FinancingReceivables30To89DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateNonOwnerOccupiedMemberaub:FinancingReceivables30To89DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialAndIndustrialMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:FinancingReceivables30To89DaysPastDueMember2019-12-310000883948us-gaap:ConstructionLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948us-gaap:ConstructionLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948us-gaap:AutomobileLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948us-gaap:AutomobileLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948srt:MultifamilyMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948srt:MultifamilyMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948aub:Residential1To4FamilyRevolvingMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948aub:Residential1To4FamilyRevolvingMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948aub:Residential1To4FamilyConsumerMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948aub:Residential1To4FamilyConsumerMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948aub:Residential1To4FamilyCommercialMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948aub:Residential1To4FamilyCommercialMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948aub:OtherCommercialMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948aub:OtherCommercialMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948aub:ConsumerSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948aub:ConsumerSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948aub:CommercialRealEstateOwnerOccupiedMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948aub:CommercialRealEstateOwnerOccupiedMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948aub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948aub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948aub:CommercialAndIndustrialMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948aub:CommercialAndIndustrialMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948us-gaap:FinancingReceivables60To89DaysPastDueMember2019-12-310000883948us-gaap:FinancingReceivables30To59DaysPastDueMember2019-12-310000883948us-gaap:ConstructionLoansMember2020-01-010000883948us-gaap:AutomobileLoanMember2020-01-010000883948srt:MultifamilyMember2020-01-010000883948aub:Residential1To4FamilyRevolvingMember2020-01-010000883948aub:Residential1To4FamilyConsumerMember2020-01-010000883948aub:Residential1To4FamilyCommercialMember2020-01-010000883948aub:OtherCommercialMember2020-01-010000883948aub:ConsumerSegmentMember2020-01-010000883948aub:CommercialRealEstateOwnerOccupiedMember2020-01-010000883948aub:CommercialRealEstateNonOwnerOccupiedMember2020-01-010000883948aub:CommercialAndIndustrialMember2020-01-010000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:OtherCommercialMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:ConsumerSegmentMember2019-12-310000883948aub:OtherCommercialMember2019-12-310000883948aub:ConsumerSegmentMember2019-12-310000883948us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-06-300000883948us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-06-300000883948us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables1To29DaysPastDueMember2020-06-300000883948us-gaap:ConsumerPortfolioSegmentMemberaub:FinancingReceivablesInNonaccrualStatusMember2020-06-300000883948us-gaap:ConstructionLoansMemberus-gaap:SubstandardMember2020-06-300000883948us-gaap:ConstructionLoansMemberus-gaap:SpecialMentionMember2020-06-300000883948us-gaap:ConstructionLoansMemberus-gaap:PassMember2020-06-300000883948us-gaap:CommercialPortfolioSegmentMemberus-gaap:SubstandardMember2020-06-300000883948us-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2020-06-300000883948us-gaap:CommercialPortfolioSegmentMemberus-gaap:PassMember2020-06-300000883948us-gaap:AutomobileLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-06-300000883948us-gaap:AutomobileLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-06-300000883948us-gaap:AutomobileLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948us-gaap:AutomobileLoanMemberus-gaap:FinancingReceivables1To29DaysPastDueMember2020-06-300000883948us-gaap:AutomobileLoanMemberaub:FinancingReceivablesInNonaccrualStatusMember2020-06-300000883948srt:MultifamilyMemberus-gaap:SubstandardMember2020-06-300000883948srt:MultifamilyMemberus-gaap:SpecialMentionMember2020-06-300000883948srt:MultifamilyMemberus-gaap:PassMember2020-06-300000883948aub:Residential1To4FamilyRevolvingMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-06-300000883948aub:Residential1To4FamilyRevolvingMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-06-300000883948aub:Residential1To4FamilyRevolvingMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948aub:Residential1To4FamilyRevolvingMemberus-gaap:FinancingReceivables1To29DaysPastDueMember2020-06-300000883948aub:Residential1To4FamilyRevolvingMemberaub:FinancingReceivablesInNonaccrualStatusMember2020-06-300000883948aub:Residential1To4FamilyConsumerMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-06-300000883948aub:Residential1To4FamilyConsumerMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-06-300000883948aub:Residential1To4FamilyConsumerMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948aub:Residential1To4FamilyConsumerMemberus-gaap:FinancingReceivables1To29DaysPastDueMember2020-06-300000883948aub:Residential1To4FamilyConsumerMemberaub:FinancingReceivablesInNonaccrualStatusMember2020-06-300000883948aub:Residential1To4FamilyCommercialMemberus-gaap:SubstandardMember2020-06-300000883948aub:Residential1To4FamilyCommercialMemberus-gaap:SpecialMentionMember2020-06-300000883948aub:Residential1To4FamilyCommercialMemberus-gaap:PassMember2020-06-300000883948aub:OtherCommercialMemberus-gaap:SubstandardMember2020-06-300000883948aub:OtherCommercialMemberus-gaap:SpecialMentionMember2020-06-300000883948aub:OtherCommercialMemberus-gaap:PassMember2020-06-300000883948aub:ConsumerSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-06-300000883948aub:ConsumerSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-06-300000883948aub:ConsumerSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-06-300000883948aub:ConsumerSegmentMemberus-gaap:FinancingReceivables1To29DaysPastDueMember2020-06-300000883948aub:ConsumerSegmentMemberaub:FinancingReceivablesInNonaccrualStatusMember2020-06-300000883948aub:CommercialRealEstateOwnerOccupiedMemberus-gaap:SubstandardMember2020-06-300000883948aub:CommercialRealEstateOwnerOccupiedMemberus-gaap:SpecialMentionMember2020-06-300000883948aub:CommercialRealEstateOwnerOccupiedMemberus-gaap:PassMember2020-06-300000883948aub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:SubstandardMember2020-06-300000883948aub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:SpecialMentionMember2020-06-300000883948aub:CommercialRealEstateNonOwnerOccupiedMemberus-gaap:PassMember2020-06-300000883948aub:CommercialAndIndustrialMemberus-gaap:SubstandardMember2020-06-300000883948aub:CommercialAndIndustrialMemberus-gaap:SpecialMentionMember2020-06-300000883948aub:CommercialAndIndustrialMemberus-gaap:PassMember2020-06-300000883948us-gaap:ConstructionLoansMember2020-06-300000883948us-gaap:AutomobileLoanMember2020-06-300000883948srt:MultifamilyMember2020-06-300000883948aub:Residential1To4FamilyRevolvingMember2020-06-300000883948aub:Residential1To4FamilyConsumerMember2020-06-300000883948aub:Residential1To4FamilyCommercialMember2020-06-300000883948aub:OtherCommercialMember2020-06-300000883948aub:ConsumerSegmentMember2020-06-300000883948aub:CommercialRealEstateOwnerOccupiedMember2020-06-300000883948aub:CommercialRealEstateNonOwnerOccupiedMember2020-06-300000883948aub:CommercialAndIndustrialMember2020-06-300000883948aub:TroubledDebtRestructuringsMember2020-06-300000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember2020-01-012020-06-300000883948us-gaap:ConsumerPortfolioSegmentMember2020-04-012020-06-300000883948us-gaap:CommercialPortfolioSegmentMember2020-04-012020-06-300000883948us-gaap:ConstructionLoansMember2019-01-012019-06-300000883948us-gaap:AutomobileLoanMember2019-01-012019-06-300000883948srt:MultifamilyMember2019-01-012019-06-300000883948aub:Residential1To4FamilyRevolvingMember2019-01-012019-06-300000883948aub:Residential1To4FamilyConsumerMember2019-01-012019-06-300000883948aub:Residential1To4FamilyCommercialMember2019-01-012019-06-300000883948aub:ConsumerAndAllOtherLoansMember2019-01-012019-06-300000883948aub:CommercialRealEstateOwnerOccupiedMember2019-01-012019-06-300000883948aub:CommercialRealEstateNonOwnerOccupiedMember2019-01-012019-06-300000883948aub:CommercialAndIndustrialMember2019-01-012019-06-300000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember2020-06-300000883948us-gaap:ConsumerPortfolioSegmentMember2020-03-310000883948us-gaap:CommercialPortfolioSegmentMember2020-03-3100008839482020-03-310000883948srt:RestatementAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Memberus-gaap:ConsumerPortfolioSegmentMember2020-01-010000883948srt:RestatementAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Memberus-gaap:CommercialPortfolioSegmentMember2020-01-010000883948srt:RestatementAdjustmentMemberus-gaap:AccountingStandardsUpdate201613Member2020-01-010000883948us-gaap:ConsumerPortfolioSegmentMember2020-01-010000883948us-gaap:CommercialPortfolioSegmentMember2020-01-0100008839482020-01-010000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:ConstructionLoansMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberus-gaap:AutomobileLoanMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMembersrt:MultifamilyMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyRevolvingMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyConsumerMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:Residential1To4FamilyCommercialMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:ConsumerAndAllOtherLoansMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateOwnerOccupiedMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialRealEstateNonOwnerOccupiedMember2019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMemberaub:CommercialAndIndustrialMember2019-12-310000883948us-gaap:ConsumerPortfolioSegmentMemberus-gaap:PreviousAccountingGuidanceMember2019-12-310000883948us-gaap:CommercialPortfolioSegmentMemberus-gaap:PreviousAccountingGuidanceMember2019-12-310000883948us-gaap:PreviousAccountingGuidanceMember2019-12-310000883948us-gaap:ConsumerPortfolioSegmentMember2019-12-310000883948us-gaap:ConstructionLoansMember2019-12-310000883948us-gaap:CommercialPortfolioSegmentMember2019-12-310000883948us-gaap:AutomobileLoanMember2019-12-310000883948srt:MultifamilyMember2019-12-310000883948aub:Residential1To4FamilyRevolvingMember2019-12-310000883948aub:Residential1To4FamilyConsumerMember2019-12-310000883948aub:Residential1To4FamilyCommercialMember2019-12-310000883948aub:ConsumerAndAllOtherLoansMember2019-12-310000883948aub:CommercialRealEstateOwnerOccupiedMember2019-12-310000883948aub:CommercialRealEstateNonOwnerOccupiedMember2019-12-310000883948aub:CommercialAndIndustrialMember2019-12-310000883948us-gaap:ConstructionLoansMember2019-06-300000883948us-gaap:AutomobileLoanMember2019-06-300000883948srt:MultifamilyMember2019-06-300000883948aub:Residential1To4FamilyRevolvingMember2019-06-300000883948aub:Residential1To4FamilyConsumerMember2019-06-300000883948aub:Residential1To4FamilyCommercialMember2019-06-300000883948aub:ConsumerAndAllOtherLoansMember2019-06-300000883948aub:CommercialRealEstateOwnerOccupiedMember2019-06-300000883948aub:CommercialRealEstateNonOwnerOccupiedMember2019-06-300000883948aub:CommercialAndIndustrialMember2019-06-300000883948us-gaap:ConstructionLoansMember2018-12-310000883948us-gaap:AutomobileLoanMember2018-12-310000883948srt:MultifamilyMember2018-12-310000883948aub:Residential1To4FamilyRevolvingMember2018-12-310000883948aub:Residential1To4FamilyConsumerMember2018-12-310000883948aub:Residential1To4FamilyCommercialMember2018-12-310000883948aub:ConsumerAndAllOtherLoansMember2018-12-310000883948aub:CommercialRealEstateOwnerOccupiedMember2018-12-310000883948aub:CommercialRealEstateNonOwnerOccupiedMember2018-12-310000883948aub:CommercialAndIndustrialMember2018-12-310000883948aub:AdjustableRateCreditThreeMember2020-06-300000883948aub:AdjustableRateCreditOneMember2020-06-300000883948aub:AdjustableRateCreditFourMember2020-06-300000883948aub:AdjustableRateCreditFiveMember2020-06-300000883948us-gaap:InterestRateFloorMember2020-06-300000883948aub:FixedRateCreditMember2020-06-300000883948aub:FixedRateConvertibleMember2020-06-300000883948us-gaap:InterestRateFloorMember2019-12-310000883948aub:FixedRateHybridOneMember2019-12-310000883948aub:FixedRateCreditMember2019-12-310000883948aub:FixedRateConvertibleMember2019-12-310000883948aub:AdjustableRateCreditTwoMember2019-12-310000883948aub:AdjustableRateCreditThreeMember2019-12-310000883948aub:AdjustableRateCreditOneMember2019-12-310000883948aub:AdjustableRateCreditFourMember2019-12-310000883948aub:AdjustableRateCreditFiveMember2019-12-310000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2020-06-300000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-06-300000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2020-06-300000883948us-gaap:FairValueMeasurementsRecurringMember2020-06-300000883948us-gaap:StandbyLettersOfCreditMember2020-06-300000883948us-gaap:CommitmentsToExtendCreditMember2020-06-300000883948us-gaap:StandbyLettersOfCreditMember2019-12-310000883948us-gaap:CommitmentsToExtendCreditMember2019-12-310000883948us-gaap:SubsequentEventMember2020-07-242020-07-240000883948us-gaap:RetainedEarningsMember2020-04-012020-06-300000883948us-gaap:RetainedEarningsMember2020-01-012020-03-310000883948us-gaap:RetainedEarningsMember2019-04-012019-06-300000883948us-gaap:RetainedEarningsMember2019-01-012019-03-310000883948us-gaap:SeriesAPreferredStockMemberus-gaap:SubsequentEventMember2020-07-242020-07-240000883948aub:MortgageMemberus-gaap:SegmentDiscontinuedOperationsMember2019-04-012019-06-300000883948aub:MortgageMemberus-gaap:SegmentDiscontinuedOperationsMember2019-01-012019-06-300000883948us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-06-300000883948aub:PayFixedReceiveFloatingInterestRateSwapsMemberus-gaap:NondesignatedMember2020-06-300000883948us-gaap:CashFlowHedgingMember2020-01-012020-06-300000883948us-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-06-300000883948aub:PayFloatingReceiveFixedInterestRateSwapsMemberus-gaap:NondesignatedMember2020-06-300000883948us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-12-310000883948us-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-12-310000883948aub:PayFloatingReceiveFixedInterestRateSwapsMemberus-gaap:NondesignatedMember2019-12-310000883948aub:PayFixedReceiveFloatingInterestRateSwapsMemberus-gaap:NondesignatedMember2019-12-310000883948us-gaap:AvailableforsaleSecuritiesMemberus-gaap:FairValueHedgingMember2020-06-300000883948us-gaap:FairValueHedgingMember2020-06-300000883948us-gaap:AvailableforsaleSecuritiesMemberus-gaap:FairValueHedgingMember2019-12-310000883948us-gaap:FairValueHedgingMember2019-12-310000883948us-gaap:AvailableforsaleSecuritiesMember2020-01-012020-06-300000883948us-gaap:SubordinatedDebtMember2019-12-310000883948us-gaap:SubordinatedDebtMember2020-01-012020-06-300000883948aub:VfgLimitedLiabilityTrustIIndentureMember2020-01-012020-06-300000883948aub:StatutoryTrustTwoMember2020-01-012020-06-300000883948aub:StatutoryTrustOneMember2020-01-012020-06-300000883948aub:MFCCapitalTrustIIMember2020-01-012020-06-300000883948aub:GatewayCapitalStatutoryTrustIVMember2020-01-012020-06-300000883948aub:GatewayCapitalStatutoryTrustIMember2020-01-012020-06-300000883948aub:GatewayCapitalStatutoryTrustIIMember2020-01-012020-06-300000883948aub:GatewayCapitalStatutoryTrustIIIMember2020-01-012020-06-300000883948aub:FnbStatutoryTrustIiIndentureMember2020-01-012020-06-300000883948aub:FixedRateCreditMember2020-01-012020-06-300000883948aub:FixedRateConvertibleMember2020-01-012020-06-300000883948aub:AdjustableRateCreditThreeMember2020-01-012020-06-300000883948aub:AdjustableRateCreditOneMember2020-01-012020-06-300000883948aub:AdjustableRateCreditFourMember2020-01-012020-06-300000883948aub:AdjustableRateCreditFiveMember2020-01-012020-06-300000883948aub:FixedRateHybridOneMember2019-01-012019-12-310000883948aub:FixedRateCreditMember2019-01-012019-12-310000883948aub:FixedRateConvertibleMember2019-01-012019-12-310000883948aub:AdjustableRateCreditTwoMember2019-01-012019-12-310000883948aub:AdjustableRateCreditThreeMember2019-01-012019-12-310000883948aub:AdjustableRateCreditOneMember2019-01-012019-12-310000883948aub:AdjustableRateCreditFourMember2019-01-012019-12-310000883948aub:AdjustableRateCreditFiveMember2019-01-012019-12-310000883948us-gaap:SubordinatedDebtMember2016-10-012016-12-310000883948aub:VfgLimitedLiabilityTrustIIndentureMember2020-06-300000883948aub:StatutoryTrustTwoMember2020-06-300000883948aub:StatutoryTrustOneMember2020-06-300000883948aub:MFCCapitalTrustIIMember2020-06-300000883948aub:GatewayCapitalStatutoryTrustIVMember2020-06-300000883948aub:GatewayCapitalStatutoryTrustIMember2020-06-300000883948aub:GatewayCapitalStatutoryTrustIIMember2020-06-300000883948aub:GatewayCapitalStatutoryTrustIIIMember2020-06-300000883948aub:FnbStatutoryTrustIiIndentureMember2020-06-300000883948aub:XenithMemberus-gaap:SubordinatedDebtMember2018-01-010000883948us-gaap:SubordinatedDebtMember2016-12-310000883948us-gaap:SubordinatedDebtMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:VfgLimitedLiabilityTrustIIndentureMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:StatutoryTrustTwoMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:StatutoryTrustOneMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:MFCCapitalTrustIIMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:GatewayCapitalStatutoryTrustIVMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:GatewayCapitalStatutoryTrustIMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:GatewayCapitalStatutoryTrustIIMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:GatewayCapitalStatutoryTrustIIIMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:FnbStatutoryTrustIiIndentureMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:AdjustableRateCreditThreeMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:AdjustableRateCreditOneMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:AdjustableRateCreditFourMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:AdjustableRateCreditFiveMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-01-012020-06-300000883948aub:AdjustableRateCreditTwoMemberus-gaap:LondonInterbankOfferedRateLIBORMember2019-01-012019-12-310000883948aub:AdjustableRateCreditThreeMemberus-gaap:LondonInterbankOfferedRateLIBORMember2019-01-012019-12-310000883948aub:AdjustableRateCreditOneMemberus-gaap:LondonInterbankOfferedRateLIBORMember2019-01-012019-12-310000883948aub:AdjustableRateCreditFourMemberus-gaap:LondonInterbankOfferedRateLIBORMember2019-01-012019-12-310000883948aub:AdjustableRateCreditFiveMemberus-gaap:LondonInterbankOfferedRateLIBORMember2019-01-012019-12-310000883948us-gaap:UnfundedLoanCommitmentMember2020-01-012020-06-300000883948us-gaap:CommonClassAMemberus-gaap:SubsequentEventMember2020-07-242020-07-240000883948us-gaap:AvailableforsaleSecuritiesMemberus-gaap:FairValueHedgingMember2020-01-012020-06-300000883948us-gaap:FairValueHedgingMember2020-01-012020-06-300000883948us-gaap:AvailableforsaleSecuritiesMember2020-01-012020-06-300000883948us-gaap:AvailableforsaleSecuritiesMemberus-gaap:FairValueHedgingMember2019-01-012019-12-310000883948us-gaap:FairValueHedgingMember2019-01-012019-12-310000883948us-gaap:AvailableforsaleSecuritiesMember2019-01-012019-12-310000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember2019-06-300000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember2018-12-310000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2019-12-310000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2019-12-310000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2019-12-310000883948us-gaap:FairValueMeasurementsRecurringMember2019-12-3100008839482019-06-3000008839482018-12-310000883948aub:AccessNationalBankMember2020-01-012020-06-300000883948aub:AccessNationalBankMember2019-04-012019-06-300000883948aub:AccessNationalBankMember2019-01-012019-06-300000883948aub:AccessNationalBankMember2019-02-012019-02-010000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2020-06-300000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-06-300000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesMember2020-06-300000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateBondSecuritiesMember2020-06-300000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedSecuritiesOtherMember2020-06-300000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2020-06-300000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-06-300000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesMember2020-06-300000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateBondSecuritiesMember2020-06-300000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedSecuritiesOtherMember2020-06-300000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2020-06-300000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-06-300000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesMember2020-06-300000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateBondSecuritiesMember2020-06-300000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedSecuritiesOtherMember2020-06-300000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2020-06-300000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-06-300000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesMember2020-06-300000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateBondSecuritiesMember2020-06-300000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedSecuritiesOtherMember2020-06-300000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2019-12-310000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesMember2019-12-310000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateBondSecuritiesMember2019-12-310000883948us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedSecuritiesOtherMember2019-12-310000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2019-12-310000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2019-12-310000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesMember2019-12-310000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateBondSecuritiesMember2019-12-310000883948us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedSecuritiesOtherMember2019-12-310000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2019-12-310000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesMember2019-12-310000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateBondSecuritiesMember2019-12-310000883948us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedSecuritiesOtherMember2019-12-310000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USStatesAndPoliticalSubdivisionsMember2019-12-310000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2019-12-310000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesMember2019-12-310000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateBondSecuritiesMember2019-12-310000883948us-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedSecuritiesOtherMember2019-12-310000883948us-gaap:CommercialMortgageBackedSecuritiesMemberaub:NonAgencySecuritiesMember2019-12-310000883948us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:AgencySecuritiesMember2020-06-300000883948us-gaap:ResidentialMortgageBackedSecuritiesMemberaub:NonAgencySecuritiesMember2020-06-300000883948us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:AgencySecuritiesMember2020-06-300000883948us-gaap:CommercialMortgageBackedSecuritiesMemberaub:NonAgencySecuritiesMember2020-06-300000883948us-gaap:USStatesAndPoliticalSubdivisionsMember2020-06-300000883948us-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-06-300000883948us-gaap:ResidentialMortgageBackedSecuritiesMember2020-06-300000883948us-gaap:CorporateBondSecuritiesMember2020-06-300000883948us-gaap:CommercialMortgageBackedSecuritiesMember2020-06-300000883948us-gaap:CollateralizedSecuritiesOtherMember2020-06-300000883948us-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:AgencySecuritiesMember2019-12-310000883948us-gaap:ResidentialMortgageBackedSecuritiesMemberaub:NonAgencySecuritiesMember2019-12-310000883948us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:AgencySecuritiesMember2019-12-310000883948us-gaap:USStatesAndPoliticalSubdivisionsMember2019-12-310000883948us-gaap:USGovernmentAgenciesDebtSecuritiesMember2019-12-310000883948us-gaap:ResidentialMortgageBackedSecuritiesMember2019-12-310000883948us-gaap:CorporateBondSecuritiesMember2019-12-310000883948us-gaap:CommercialMortgageBackedSecuritiesMember2019-12-310000883948us-gaap:CollateralizedSecuritiesOtherMember2019-12-310000883948us-gaap:FairValueMeasurementsNonrecurringMember2020-06-300000883948us-gaap:FairValueMeasurementsNonrecurringMember2019-12-310000883948aub:CoreDepositsAndOtherIntangibleAssetsMember2020-04-012020-06-300000883948aub:CoreDepositsAndOtherIntangibleAssetsMember2020-01-012020-06-300000883948aub:CoreDepositsAndOtherIntangibleAssetsMember2019-04-012019-06-300000883948aub:CoreDepositsAndOtherIntangibleAssetsMember2019-01-012019-06-300000883948us-gaap:AccountingStandardsUpdate201613Member2020-01-010000883948us-gaap:AdditionalPaidInCapitalMember2020-04-012020-06-300000883948us-gaap:AdditionalPaidInCapitalMember2020-01-012020-03-3100008839482020-01-012020-03-310000883948us-gaap:AdditionalPaidInCapitalMember2019-04-012019-06-300000883948us-gaap:AdditionalPaidInCapitalMember2019-01-012019-03-3100008839482019-01-012019-03-310000883948us-gaap:HeldtomaturitySecuritiesMember2020-06-300000883948us-gaap:FairValueInputsLevel3Member2020-06-300000883948us-gaap:FairValueInputsLevel2Member2020-06-300000883948us-gaap:FairValueInputsLevel1Member2020-06-300000883948us-gaap:CarryingReportedAmountFairValueDisclosureMember2020-06-300000883948us-gaap:FairValueInputsLevel3Member2019-12-310000883948us-gaap:FairValueInputsLevel2Member2019-12-310000883948us-gaap:FairValueInputsLevel1Member2019-12-310000883948us-gaap:CarryingReportedAmountFairValueDisclosureMember2019-12-310000883948us-gaap:SeriesAPreferredStockMember2020-01-012020-06-300000883948us-gaap:CommonClassAMember2020-01-012020-06-3000008839482020-07-290000883948aub:PaycheckProtectionProgramPppMember2020-06-300000883948us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-01-012020-06-300000883948aub:AcquiredPerformingLoanPortfolioMember2019-12-310000883948aub:DepositarySharesMember2020-06-090000883948us-gaap:SeriesAPreferredStockMember2020-06-092020-06-090000883948srt:MinimumMemberaub:PaycheckProtectionProgramPppMember2020-04-012020-06-300000883948us-gaap:SubordinatedDebtMember2020-06-300000883948us-gaap:FederalHomeLoanBankAdvancesMember2020-06-300000883948aub:TrustPreferredCapitalNotesMember2020-06-300000883948srt:MinimumMember2020-01-012020-06-300000883948srt:MaximumMember2020-01-012020-06-300000883948us-gaap:ConstructionLoansMemberaub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2020-04-012020-06-300000883948aub:Residential1To4FamilyRevolvingMemberaub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2020-04-012020-06-300000883948aub:Residential1To4FamilyConsumerMemberaub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2020-04-012020-06-300000883948aub:Residential1To4FamilyConsumerMemberaub:TroubleDebtRestructuringTermModificationAtMarketRateMember2020-04-012020-06-300000883948aub:ConsumerSegmentMemberaub:TroubleDebtRestructuringTermModificationAtMarketRateMember2020-04-012020-06-300000883948aub:CommercialAndIndustrialMemberaub:TroubleDebtRestructuringTermModificationAtMarketRateMember2020-04-012020-06-300000883948us-gaap:InterestRateBelowMarketReductionMember2020-04-012020-06-300000883948aub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2020-04-012020-06-300000883948aub:TroubleDebtRestructuringTermModificationAtMarketRateMember2020-04-012020-06-300000883948aub:ModifiedToInterestOnlyAtMarketRateMember2020-04-012020-06-3000008839482020-04-012020-06-300000883948us-gaap:ConstructionLoansMemberaub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2020-01-012020-06-300000883948aub:Residential1To4FamilyRevolvingMemberaub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2020-01-012020-06-300000883948aub:Residential1To4FamilyConsumerMemberaub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2020-01-012020-06-300000883948aub:Residential1To4FamilyConsumerMemberaub:TroubleDebtRestructuringTermModificationAtMarketRateMember2020-01-012020-06-300000883948aub:ConsumerSegmentMemberaub:TroubleDebtRestructuringTermModificationAtMarketRateMember2020-01-012020-06-300000883948aub:CommercialAndIndustrialMemberaub:TroubleDebtRestructuringTermModificationAtMarketRateMember2020-01-012020-06-300000883948us-gaap:InterestRateBelowMarketReductionMember2020-01-012020-06-300000883948aub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2020-01-012020-06-300000883948aub:TroubleDebtRestructuringTermModificationAtMarketRateMember2020-01-012020-06-300000883948aub:ModifiedToInterestOnlyAtMarketRateMember2020-01-012020-06-300000883948aub:Residential1To4FamilyConsumerMemberaub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2019-04-012019-06-300000883948aub:Residential1To4FamilyConsumerMemberaub:TroubleDebtRestructuringTermModificationAtMarketRateMember2019-04-012019-06-300000883948aub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2019-04-012019-06-300000883948aub:TroubleDebtRestructuringTermModificationAtMarketRateMember2019-04-012019-06-300000883948aub:Residential1To4FamilyConsumerMemberaub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2019-01-012019-06-300000883948aub:Residential1To4FamilyConsumerMemberaub:TroubleDebtRestructuringTermModificationAtMarketRateMember2019-01-012019-06-300000883948aub:Residential1To4FamilyCommercialMemberaub:TroubleDebtRestructuringTermModificationAtMarketRateMember2019-01-012019-06-300000883948aub:ConsumerSegmentMemberaub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2019-01-012019-06-300000883948aub:ConsumerSegmentMemberaub:TroubleDebtRestructuringTermModificationAtMarketRateMember2019-01-012019-06-300000883948aub:TroubleDebtRestructuringTermModificationBelowMarketRateMember2019-01-012019-06-300000883948aub:TroubleDebtRestructuringTermModificationAtMarketRateMember2019-01-012019-06-300000883948us-gaap:PerformingFinancingReceivableMemberus-gaap:ConstructionLoansMember2020-06-300000883948us-gaap:PerformingFinancingReceivableMemberaub:Residential1To4FamilyRevolvingMember2020-06-300000883948us-gaap:PerformingFinancingReceivableMemberaub:Residential1To4FamilyConsumerMember2020-06-300000883948us-gaap:PerformingFinancingReceivableMemberaub:Residential1To4FamilyCommercialMember2020-06-300000883948us-gaap:PerformingFinancingReceivableMemberaub:OtherCommercialMember2020-06-300000883948us-gaap:PerformingFinancingReceivableMemberaub:ConsumerSegmentMember2020-06-300000883948us-gaap:PerformingFinancingReceivableMemberaub:CommercialRealEstateOwnerOccupiedMember2020-06-300000883948us-gaap:PerformingFinancingReceivableMemberaub:CommercialRealEstateNonOwnerOccupiedMember2020-06-300000883948us-gaap:PerformingFinancingReceivableMemberaub:CommercialAndIndustrialMember2020-06-300000883948us-gaap:NonperformingFinancingReceivableMemberaub:Residential1To4FamilyRevolvingMember2020-06-300000883948us-gaap:NonperformingFinancingReceivableMemberaub:Residential1To4FamilyConsumerMember2020-06-300000883948us-gaap:NonperformingFinancingReceivableMemberaub:Residential1To4FamilyCommercialMember2020-06-300000883948us-gaap:NonperformingFinancingReceivableMemberaub:CommercialRealEstateOwnerOccupiedMember2020-06-300000883948us-gaap:NonperformingFinancingReceivableMemberaub:CommercialAndIndustrialMember2020-06-300000883948us-gaap:PerformingFinancingReceivableMember2020-06-300000883948us-gaap:NonperformingFinancingReceivableMember2020-06-300000883948us-gaap:PerformingFinancingReceivableMemberus-gaap:ConstructionLoansMember2019-12-310000883948us-gaap:PerformingFinancingReceivableMemberaub:Residential1To4FamilyRevolvingMember2019-12-310000883948us-gaap:PerformingFinancingReceivableMemberaub:Residential1To4FamilyConsumerMember2019-12-310000883948us-gaap:PerformingFinancingReceivableMemberaub:Residential1To4FamilyCommercialMember2019-12-310000883948us-gaap:PerformingFinancingReceivableMemberaub:OtherCommercialMember2019-12-310000883948us-gaap:PerformingFinancingReceivableMemberaub:ConsumerSegmentMember2019-12-310000883948us-gaap:PerformingFinancingReceivableMemberaub:CommercialRealEstateOwnerOccupiedMember2019-12-310000883948us-gaap:PerformingFinancingReceivableMemberaub:CommercialRealEstateNonOwnerOccupiedMember2019-12-310000883948us-gaap:PerformingFinancingReceivableMemberaub:CommercialAndIndustrialMember2019-12-310000883948us-gaap:NonperformingFinancingReceivableMemberaub:Residential1To4FamilyRevolvingMember2019-12-310000883948us-gaap:NonperformingFinancingReceivableMemberaub:Residential1To4FamilyConsumerMember2019-12-310000883948us-gaap:NonperformingFinancingReceivableMemberaub:CommercialRealEstateOwnerOccupiedMember2019-12-310000883948us-gaap:NonperformingFinancingReceivableMemberaub:CommercialAndIndustrialMember2019-12-310000883948us-gaap:PerformingFinancingReceivableMember2019-12-310000883948us-gaap:NonperformingFinancingReceivableMember2019-12-310000883948us-gaap:ConsumerPortfolioSegmentMember2020-06-300000883948us-gaap:CommercialPortfolioSegmentMember2020-06-300000883948us-gaap:ConsumerPortfolioSegmentMember2020-01-012020-06-300000883948us-gaap:CommercialPortfolioSegmentMember2020-01-012020-06-300000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember2019-12-3100008839482019-01-012019-12-310000883948us-gaap:CashFlowHedgingMember2020-06-300000883948us-gaap:AvailableforsaleSecuritiesMember2020-06-300000883948us-gaap:AvailableforsaleSecuritiesMember2019-12-3100008839482019-04-012019-06-300000883948us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember2019-01-012019-06-300000883948us-gaap:RepurchaseAgreementsMember2020-06-300000883948us-gaap:FederalHomeLoanBankAdvancesMember2020-06-300000883948us-gaap:DerivativeMember2020-06-300000883948us-gaap:DepositsMember2020-06-300000883948aub:PaycheckProtectionProgramLiquidityFacilityMember2020-06-300000883948aub:OtherPurposeMember2020-06-300000883948aub:FederalFundsMember2020-06-3000008839482020-06-300000883948us-gaap:RepurchaseAgreementsMember2019-12-310000883948us-gaap:FederalHomeLoanBankAdvancesMember2019-12-310000883948us-gaap:DerivativeMember2019-12-310000883948us-gaap:DepositsMember2019-12-310000883948aub:OtherPurposeMember2019-12-310000883948aub:FederalFundsMember2019-12-3100008839482019-12-310000883948aub:StellaroneBankAndXenithMemberaub:TrustPreferredCapitalNotesMember2020-01-012020-06-300000883948aub:AccessNationalBankMember2019-02-0100008839482019-01-012019-06-3000008839482020-01-012020-06-30iso4217:USDxbrli:sharesaub:securityxbrli:pureaub:loanaub:itemaub:leaseiso4217:USDxbrli:shares

Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended June 30, 2020

OR

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number: 000-20293

ATLANTIC UNION BANKSHARES CORPORATION

(Exact name of registrant as specified in its charter)

Virginia

54-1598552

(State or other jurisdiction of

(I.R.S. Employer

incorporation or organization)

Identification No.)

1051 East Cary Street

Suite 1200

Richmond, Virginia 23219

(Address of principal executive offices) (Zip Code)

(804) 633-5031

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

    

Trading symbol(s)

    

Name of each exchange on which registered

Common Stock, par value $1.33 per share

AUB

The NASDAQ Global Select Market

Depositary Shares, Each Representing a 1/400th Interest in a Share of 6.875% Perpetual Non-Cumulative Preferred Stock, Series A

AUBAP

The NASDAQ Global Select Market

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.              Yes No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).             Yes No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer

Accelerated filer

Non-accelerated filer

Smaller reporting company

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes No

The number of shares of common stock outstanding as of July 29, 2020 was 78,711,847.

Table of Contents

ATLANTIC UNION BANKSHARES CORPORATION

FORM 10-Q

INDEX

ITEM

    

    

PAGE

PART I - FINANCIAL INFORMATION

Item 1.

Financial Statements

Consolidated Balance Sheets as of June 30, 2020 (unaudited) and December 31, 2019 (audited)

2

Consolidated Statements of Income (unaudited) for the three and six months ended June 30, 2020 and 2019

3

Consolidated Statements of Comprehensive Income (unaudited) for the three and six months ended June 30, 2020 and 2019

4

Consolidated Statements of Changes in Stockholders’ Equity (unaudited) for the three and six months ended June 30, 2020 and 2019

5

Consolidated Statements of Cash Flows (unaudited) for the six months ended June 30, 2020 and 2019

7

Notes to Consolidated Financial Statements (unaudited)

9

Review Report of Independent Registered Public Accounting Firm

58

Item 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

59

Item 3.

Quantitative and Qualitative Disclosures About Market Risk

91

Item 4.

Controls and Procedures

93

PART II - OTHER INFORMATION

Item 1.

Legal Proceedings

94

Item 1A.

Risk Factors

94

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds

96

Item 6.

Exhibits

97

Signatures

98

Table of Contents

Glossary of Acronyms and Defined Terms

2019 Form 10-K

Annual Report on Form 10-K for the year ended December 31, 2019

Access

Access National Corporation and its subsidiaries

ACL

Allowance for credit losses

AFS

Available for sale

ALCO

Asset Liability Committee

ALLL

Allowance for loan and lease losses, a component of ACL

AOCI

Accumulated other comprehensive income (loss)

ASC

Accounting Standards Codification

ASC 326

ASU 2016-13, Financial Instruments and Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

ASC 820

ASC 820, Fair Value Measurements and Disclosures

ASC 842

ASU 2016-02, Leases (Topic 842)

ASU

Accounting Standards Update

ATM

Automated teller machine

the Bank

Atlantic Union Bank (formerly, Union Bank & Trust)

BOLI

Bank-owned life insurance

bps

Basis points

BSA

Bank Secrecy Act

CARES Act

Coronavirus Aid, Relief, and Economic Security Act

CCPs

Central Counterparty Clearinghouses

CECL

Current expected credit losses

CME

Chicago Mercantile Exchange

the Company

Atlantic Union Bankshares Corporation (formerly, Union Bankshares Corporation) and its subsidiaries

COVID-19

Novel strain of coronavirus first identified in December 2019 in Wuhan, China

Depositary Shares

Depositary shares, each representing a 1/400th ownership interest in a share of the Company’s Series A preferred stock , with a liquidation preference of $10,000 per share of Series A preferred stock (equivalent to $25 per depositary share)

Dodd-Frank Act

Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010

EPS

Earnings per share

Exchange Act

Securities Exchange Act of 1934, as amended

FASB

Financial Accounting Standards Board

FCMs

Futures Commission Merchants

FDIC

Federal Deposit Insurance Corporation

Federal Reserve

Board of Governors of the Federal Reserve System

Federal Reserve Act

Federal Reserve Act of 1913, as amended

Federal Reserve Bank

Federal Reserve Bank of Richmond

FHLB

Federal Home Loan Bank of Atlanta

FOMC

Federal Open Markets Committee

FTE

Fully taxable equivalent

GAAP or U.S. GAAP

Accounting principles generally accepted in the United States

HTM

Held to maturity

IDC

Interactive Data Corporation

LCH

London Clearing House

LIBOR

London Interbank Offered Rate

March 22 Joint Guidance

The five federal bank regulatory agencies and the Conference of State Bank Supervisors guidance

MSLP

Main Street Lending Program

MBS

Mortgage Backed Securities

MD&A

Management’s Discussion and Analysis of Financial Condition and Results of Operations

NOW

Negotiable order of withdrawal

Table of Contents

NPA

Nonperforming assets

NSF

Nonsufficient funds

OCI

Other comprehensive income

OREO

Other real estate owned

OTTI

Other than temporary impairment

PCD

Purchased credit deteriorated

PCI

Purchased credit impaired

PD/LGD

Probability of default/loss given default

PPPLF

Paycheck Protection Program Liquidity Facility

PPP

Paycheck Protection Program

Quarterly Report

Quarterly Report on Form 10-Q for the quarter ended June 30, 2020

ROA

Return on average assets

ROE

Return on average common equity

ROTCE

Return on average tangible common equity

ROU Asset

Right of Use Asset

RUC

Reserve for unfunded commitments

RVI

Residual value insurance

SBA

Small Business Administration

SEC

Securities and Exchange Commission

Series A preferred stock

6.875% Perpetual Non-Cumulative Preferred Stock, Series A, par value $10.00 per share

SSFA

Simplified supervisory formula approach

TDR

Troubled debt restructuring

Topic 606

ASU No. 2014-09, “Revenue from Contracts with Customers: Topic 606”

TFSB

The Federal Savings Bank

UMG

Union Mortgage Group, Inc.

WHO

World Health Organization

Xenith

Xenith Bankshares, Inc.

Table of Contents

PART I – FINANCIAL INFORMATION

ITEM 1 – FINANCIAL STATEMENTS

ATLANTIC UNION BANKSHARES CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(Dollars in thousands, except share data)

June 30,

December 31,

2020

    

2019

ASSETS

(unaudited)

(audited)

Cash and cash equivalents:

Cash and due from banks

$

202,947

$

163,050

Interest-bearing deposits in other banks

636,211

234,810

Federal funds sold

2,862

38,172

Total cash and cash equivalents

842,020

436,032

Securities available for sale, at fair value

2,019,164

1,945,445

Securities held to maturity, at carrying value

547,561

555,144

Restricted stock, at cost

105,832

130,848

Loans held for sale, at fair value

55,067

55,405

Loans held for investment, net of deferred fees and costs

14,308,646

12,610,936

Less allowance for loan and lease losses

169,977

42,294

Total loans held for investment, net

14,138,669

12,568,642

Premises and equipment, net

164,321

161,073

Goodwill

935,560

935,560

Amortizable intangibles, net

65,105

73,669

Bank owned life insurance

327,075

322,917

Other assets

551,943

378,255

Total assets

$

19,752,317

$

17,562,990

LIABILITIES

Noninterest-bearing demand deposits

$

4,345,960

$

2,970,139

Interest-bearing deposits

11,259,179

10,334,842

Total deposits

15,605,139

13,304,981

Securities sold under agreements to repurchase

77,216

66,053

Other short-term borrowings

370,200

Long-term borrowings

1,047,814

1,077,495

Other liabilities

403,922

231,159

Total liabilities

17,134,091

15,049,888

Commitments and contingencies (Note 8)

STOCKHOLDERS' EQUITY

Preferred stock, $10.00 par value

173

Common stock, $1.33 par value

104,126

105,827

Additional paid-in capital

1,911,985

1,790,305

Retained earnings

540,638

581,395

Accumulated other comprehensive income (loss)

61,304

35,575

Total stockholders' equity

2,618,226

2,513,102

Total liabilities and stockholders' equity

$

19,752,317

$

17,562,990

Common shares outstanding

78,713,056

80,001,185

Common shares authorized

200,000,000

200,000,000

Preferred shares outstanding

17,250

Preferred shares authorized

500,000

500,000

See accompanying notes to consolidated financial statements.

-2-

Table of Contents

ATLANTIC UNION BANKSHARES CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

(Dollars in thousands, except share and per share data)

Three Months Ended

Six Months Ended

June 30,

June 30,

June 30,

June 30,

2020

    

2019

    

2020

    

2019

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Interest and dividend income:

Interest and fees on loans

$

143,234

$

158,838

$

294,361

$

302,952

Interest on deposits in other banks

155

544

1,017

1,017

Interest and dividends on securities:

Taxable

11,267

13,353

22,895

26,434

Nontaxable

8,211

8,390

15,920

16,374

Total interest and dividend income

162,867

181,125

334,193

346,777

Interest expense:

Interest on deposits

19,861

28,809

48,375

53,239

Interest on short-term borrowings

186

5,563

1,526

12,114

Interest on long-term borrowings

5,515

8,159

11,979

15,283

Total interest expense

25,562

42,531

61,880

80,636

Net interest income

137,305

138,594

272,313

266,141

Provision for credit losses

34,200

5,300

94,396

9,092

Net interest income after provision for credit losses

103,105

133,294

177,917

257,049

Noninterest income:

Service charges on deposit accounts

4,930

7,499

12,508

14,656

Other service charges, commissions and fees

1,354

1,702

2,978

3,367

Interchange fees

1,697

5,612

3,321

10,656

Fiduciary and asset management fees

5,515

5,698

11,499

10,752

Mortgage banking income

5,826

2,785

7,847

4,240

Gains on securities transactions

10,339

51

12,275

202

Bank owned life insurance income

2,027

2,075

4,076

4,129

Loan-related interest rate swap fees

5,484

3,716

9,432

5,176

Other operating income

(1,240)

1,440

902

2,337

Total noninterest income

35,932

30,578

64,838

55,515

Noninterest expenses:

Salaries and benefits

49,896

50,390

100,013

98,398

Occupancy expenses

7,224

7,534

14,357

14,935

Furniture and equipment expenses

3,406

3,542

7,147

6,938

Printing, postage, and supplies

999

1,252

2,289

2,494

Technology and data processing

6,454

5,739

12,623

11,415

Professional services

2,989

2,630

6,297

5,587

Marketing and advertising expense

2,043

2,908

4,782

5,291

FDIC assessment premiums and other insurance

2,907

2,601

5,768

5,239

Other taxes

4,120

4,044

8,240

7,808

Loan-related expenses

2,501

2,396

5,198

4,685

OREO and credit-related expenses

411

1,473

1,099

2,157

Amortization of intangible assets

4,223

4,937

8,624

9,154

Training and other personnel costs

876

1,477

2,446

2,621

Merger-related costs

6,371

24,493

Rebranding expense

4,012

4,420

Loss on debt extinguishment

10,306

10,306

Other expenses

4,459

4,302

9,270

6,700

Total noninterest expenses

102,814

105,608

198,459

212,335

Income from continuing operations before income taxes

36,223

58,264