XML 112 R89.htm IDEA: XBRL DOCUMENT v3.22.4
Subordinated Debentures - Narrative (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Jul. 07, 2021
USD ($)
Apr. 15, 2021
USD ($)
Jun. 30, 2020
USD ($)
May 31, 2019
USD ($)
Sep. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
Dec. 31, 2022
USD ($)
loan
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Aug. 15, 2021
USD ($)
Jul. 31, 2021
USD ($)
Jul. 01, 2021
USD ($)
Aug. 31, 2014
USD ($)
Debt Instrument [Line Items]                          
Subordinated debentures             $ 331,204,000 $ 330,567,000          
Weighted average interest rate at year-end             5.32% 5.33%          
Increase to carrying value of subordinated debt             $ 637,000            
Gain (loss) on debt extinguishment             $ 0 $ (180,000) $ 0        
Subordinated notes                          
Debt Instrument [Line Items]                          
Number of subordinated debt instruments | loan             3            
Subordinated debentures             $ 331,204,000 330,567,000          
Face amount of debt instrument           $ 25,000,000 335,000,000            
Redemption price (as a percent)   103.00%                      
Gain (loss) on debt extinguishment   $ (647,000)                      
Purchase accounting adjustments   $ 103,000                      
Reduction in Tier 2 capital         $ 146,000,000 $ 20,000,000              
Redeemed amount of debt instrument         $ 145,400,000                
Subordinated notes | Opus                          
Debt Instrument [Line Items]                          
Face amount of debt instrument                       $ 135,000,000  
Fixed interest rate (as a percent)                       5.50%  
Subordinated notes | Subordinated notes due 2024, 5.75% per annum                          
Debt Instrument [Line Items]                          
Subordinated debentures             59,791,000 59,671,000          
Face amount of debt instrument             $ 60,000,000           $ 60,000,000
Fixed interest rate (as a percent)             5.75%           5.75%
Unamortized debt issuance costs             $ 209,000            
Effective rate (as a percent)             5.75%            
Subordinated notes | Subordinated notes due 2029, 4.875% per annum until May 15, 2024, 3-month LIBOR +4.9% thereafter                          
Debt Instrument [Line Items]                          
Subordinated debentures             $ 123,386,000 123,132,000          
Face amount of debt instrument       $ 125,000,000     $ 125,000,000            
Fixed interest rate (as a percent)       4.875%     4.875%            
Unamortized debt issuance costs             $ 1,600,000            
Public offering price       100.00%                  
Effective rate (as a percent)             4.875%            
Subordinated notes | Subordinated notes due 2029, 4.875% per annum until May 15, 2024, 3-month LIBOR +4.9% thereafter | LIBOR                          
Debt Instrument [Line Items]                          
Floating interest rate, basis points added to base rate (as a percent)       2.50%     4.90%            
Subordinated notes | Subordinated notes due 2030, 5.375% per annum until June 15, 2025, 3-month SOFR +5.17% thereafter                          
Debt Instrument [Line Items]                          
Subordinated debentures             $ 148,027,000 $ 147,764,000          
Face amount of debt instrument     $ 150,000,000       $ 150,000,000            
Fixed interest rate (as a percent)             5.375%            
Unamortized debt issuance costs             $ 2,000,000            
Effective rate (as a percent)             5.375%            
Offering price, percentage of aggregate principal amount     100.00%                    
Subordinated notes | Subordinated notes due 2030, 5.375% per annum until June 15, 2025, 3-month SOFR +5.17% thereafter | SOFR                          
Debt Instrument [Line Items]                          
Floating interest rate, basis points added to base rate (as a percent)     5.17%       0.0517%            
Subordinated notes | Subordinated Notes 7.125%, Due 2025                          
Debt Instrument [Line Items]                          
Fixed interest rate (as a percent)             7.125%            
Junior Subordinated Debt | Heritage Oaks Bank                          
Debt Instrument [Line Items]                          
Face amount of debt instrument                       $ 5,200,000  
Fixed interest rate (as a percent)                       1.92%  
Redeemed amount of debt instrument                     $ 5,200,000    
Junior Subordinated Debt | Santa Lucia Bancorp (CA) Capital Trust                          
Debt Instrument [Line Items]                          
Face amount of debt instrument $ 5,200,000                        
Fixed interest rate (as a percent) 1.66%                        
Redeemed amount of debt instrument                     $ 5,200,000    
Junior Subordinated Debt | Subordinated notes due 2024, 5.75% per annum                          
Debt Instrument [Line Items]                          
Percentage of Notes I qualified as Tier 2 Capital as remaining maturity is less than four years             20.00%            
Subordinated and Junior Subordinated Debt                          
Debt Instrument [Line Items]                          
Redemption amount $ 149,200,000                 $ 25,800,000      
Gain (loss) on debt extinguishment $ 970,000