Borrowed Funds (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Summary of Debt

Details of the debt transactions are as follows:

(In thousands)	March 31, 2020			December 31, 2019
Cadence Bancorporation:
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
4.750% subordinated notes, due June 2029, callable in 2024		85,000			85,000
Total — Cadence Bancorporation		210,000			210,000
Cadence Bank:
6.250% subordinated notes, due June 28, 2029, callable in 2024		25,000			25,000
Debt issue costs and unamortized premium		(2,013	)		(2,350	)
Total senior and subordinated debt	$	232,987		$	232,650

Summary of Junior Subordinated Debt

The following is a list of junior subordinated debt:

(In thousands)	March 31, 2020			December 31, 2019
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		(13,268	)		(13,174	)
Total junior subordinated debentures	$	37,351		$	37,445