Subordinated Debt and Junior Subordinated Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Junior Subordinated Debt by Trust

The following table shows Wesbanco’s trust subsidiaries with outstanding Trust Preferred Securities as of December 31, 2023:

(in thousands)	Trust Preferred Securities		Common Securities		Junior Subordinated Debt		Stated Maturity Date	Optional Redemption Date
Wesbanco Capital Trust II (1)	$	13,000	$	410	$	13,410	6/30/2033	6/30/2008
Wesbanco Capital Statutory Trust III (2)		17,000		526		17,526	6/26/2033	6/26/2008
Wesbanco Capital Trust IV (3)		20,000		619		20,619	6/17/2034	6/17/2009
Wesbanco Capital Trust V (3)		20,000		619		20,619	6/17/2034	6/17/2009
Wesbanco Capital Trust VI (4)		15,000		464		15,464	3/17/2035	3/17/2010
Oak Hill Capital Trust 2 (5)		5,000		155		5,155	10/18/2034	10/18/2009
Oak Hill Capital Trust 3 (6)		8,000		248		8,248	10/18/2034	10/18/2009
Oak Hill Capital Trust 4 (7)		1,942		155		2,097	6/30/2035	6/30/2015
Community Bank Shares Statutory Trust I (3)		7,000		217		7,217	6/17/2034	6/17/2014
Community Bank Shares Statutory Trust II (8)		10,000		310		10,310	6/15/2036	6/15/2016
First Federal Statutory Trust II (9)		10,000		310		10,310	3/22/2037	3/15/2017
Total	$	126,942	$	4,033	$	130,975

(1)Variable rate based on the three-month CME Term SOFR including three-month CME Tenor Spread plus 3.15% with a current rate of 8.74% through March 30, 2024, adjustable quarterly.

(2)Variable rate based on the three-month CME Term SOFR including three-month CME Tenor Spread plus 3.10% with a current rate of 8.72% through March 26, 2024, adjustable quarterly.

(3)Variable rate based on the three-month CME Term SOFR including three-month CME Tenor Spread plus 2.65 % with a current rate of 8.29% through March 17, 2024, adjustable quarterly.

(4)Variable rate based on the three-month CME Term SOFR including three-month CME Tenor Spread plus 1.77% with a current rate of 7.41% through March 17, 2024, adjustable quarterly.

(5)Variable rate based on the three-month CME Term SOFR including three-month CME Tenor Spread plus 2.40% with a current rate of 8.06% through January 18, 2024, adjustable quarterly.

(6)Variable rate based on the three-month CME Term SOFR including three-month CME Tenor Spread plus 2.30% with a current rate of 7.96% through January 18, 2024, adjustable quarterly.

(7)Variable rate based on the three-month CME Term SOFR including three-month CME Tenor Spread plus 1.60% with a current rate of 7.15% through March 30, 2024, adjustable quarterly.

(8)Variable rate based on the three-month CME Term SOFR including three-month CME Tenor Spread plus 1.70% with a current rate of 7.35% through March 15, 2024, adjustable quarterly.

(9)Variable rate based on the three-month CME Term SOFR including three-month CME Tenor Spread plus 1.60% with a current rate of 7.25% through March 15, 2024, adjustable quarterly.