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Subordinated Debt and Junior Subordinated Debt (Tables)
12 Months Ended
Dec. 31, 2019
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, 2019:

 

(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)

 

 

5,000

 

 

 

155

 

 

 

5,155

 

 

6/30/2035

 

6/30/2015

Community Bank Shares Statutory Trust I (3)

 

 

6,512

 

 

 

217

 

 

 

6,729

 

 

6/17/2034

 

6/17/2014

Community Bank Shares Statutory Trust II (8)

 

 

9,006

 

 

 

310

 

 

 

9,316

 

 

6/15/2036

 

6/15/2016

First Federal Statutory Trust II (9)

 

 

8,969

 

 

 

310

 

 

 

9,279

 

 

3/22/2037

 

3/15/2017

Regal MD Statutory Trust I (10)

 

 

4,000

 

 

 

124

 

 

 

4,124

 

 

3/17/2034

 

3/17/2014

Regal MD Statutory Trust II (11)

 

 

2,500

 

 

 

78

 

 

 

2,578

 

 

12/15/2035

 

12/15/2015

Total

 

$

133,987

 

 

$

4,235

 

 

$

138,222

 

 

 

 

 

 

(1)

Variable rate based on the three-month LIBOR plus 3.15% with a current rate of 5.11% through March 30, 2020, adjustable quarterly. 

(2)

Variable rate based on the three-month LIBOR plus 3.10% with a current rate of 5.05% through March 26, 2020, adjustable quarterly.

(3)

Variable rate based on the three-month LIBOR plus 2.65% with a current rate of 4.55% through March 17, 2020, adjustable quarterly.

(4)

Variable rate based on the three-month LIBOR plus 1.77% with a current rate of 3.67% through March 17, 2020, adjustable quarterly.

(5)

Variable rate based on the three-month LIBOR plus 2.40% with a current rate of 4.40% through January 18, 2020, adjustable quarterly.

(6)

Variable rate based on the three-month LIBOR plus 2.30% with a current rate of 4.30% through January 18, 2020, adjustable quarterly.

(7)

Variable rate based on the three-month LIBOR plus 1.60% with a current rate of 3.56% through March 30, 2020, adjustable quarterly.

(8)

Variable rate based on the three-month LIBOR plus 1.70% with a current rate of 3.59% through March 15, 2020, adjustable quarterly.

(9)

Variable rate based on the three-month LIBOR plus 1.60% with a current rate of 3.49% through March 15, 2020, adjustable quarterly.

(10)

Variable rate based on the three-month LIBOR plus 2.85% with a current rate of 4.75% through March 17, 2020, adjustable quarterly.

(11)

Variable rate based on the three-month LIBOR plus 1.60% with a current rate of 3.49% through March 15, 2020, adjustable quarterly.