Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Summary of Securities Sold Under Agreements to Repurchase

Information concerning the Company’s securities sold under agreements to repurchase as of December 31, 2018 and 2017 is summarized as follows:

	December 31,
(In thousands)	2018			2017
Balance at period end	$	1,106		$	1,026
Average balance during the period		1,630			3,371
Average interest rate during the period		0.25	%		0.25	%
Maximum month-end balance during the period	$	2,384		$	6,286

Summary of Debt

Details of the debt transactions are as follows:

(In thousands)	2018			2017
Cadence Bancorporation:
4.875% senior notes, due June 28, 2019	$	145,000		$	145,000
5.375% senior notes, due June 28, 2021		50,000			50,000
7.250% subordinated notes, due June 28, 2029, callable in 2024		35,000			35,000
6.500% subordinated notes, due March 2025, callable in 2020		40,000			40,000
Total — Cadence Bancorporation		270,000			270,000
Cadence Bank:
6.250% subordinated notes, due June 28, 2029, callable in 2024		25,000			25,000
Debt issue cost and unamortized premium		(1,211	)		(1,606	)
Purchased 4.875% senior notes, due June 28, 2019		(10,078	)		(10,078	)
Total	$	283,711		$	283,316

Summary of Junior Subordinated Debt

The following is a list of junior subordinated debt:

	December 31,
(In thousands)	2018			2017
Junior subordinated debentures, 3 month LIBOR plus 2.85%, due 2033	$	30,000		$	30,000
Junior subordinated debentures, 3 month LIBOR plus 2.95%, due 2033		5,155			5,155
Junior subordinated debentures, 3 month LIBOR plus 1.75%, due 2037		15,464			15,464
Total par value		50,619			50,619
Purchase accounting adjustment, net of amortization		(13,666	)		(14,147	)
Total junior subordinated debentures	$	36,953		$	36,472