Subordinated Debt and Junior Subordinated Debt (Tables)

12 Months Ended

Dec. 31, 2020

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, 2020:

(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)		6,642		217		6,859	6/17/2034	6/17/2014
Community Bank Shares Statutory Trust II (8)		9,271		310		9,581	6/15/2036	6/15/2016
First Federal Statutory Trust II (9)		9,244		310		9,554	3/22/2037	3/15/2017
Total	$	128,157	$	4,033	$	132,190

(1) Variable rate based on the three-month LIBOR plus 3.15% with a current rate of 3.39% through March 30, 2021, adjustable quarterly. 

(2) Variable rate based on the three-month LIBOR plus 3.10% with a current rate of 3.35% through March 26, 2021, adjustable quarterly.

(3) Variable rate based on the three-month LIBOR plus 2.65 % with a current rate of 2.88 % through March 17, 2021, adjustable quarterly.

(4) Variable rate based on the three-month LIBOR plus 1.77 % with a current rate of 2.00% through March 17, 2021, adjustable quarterly.

(5) Variable rate based on the three-month LIBOR plus 2.40% with a current rate of 2.62% through January 18, 2021, adjustable quarterly.

(6) Variable rate based on the three-month LIBOR plus 2.30% with a current rate of 2.52% through January 18, 2021, adjustable quarterly.

(7) Variable rate based on the three-month LIBOR plus 1.60% with a current rate of 1.84% through March 30, 2021, adjustable quarterly.

(8) Variable rate based on the three-month LIBOR plus 1.70% with a current rate of 1.92% through March 15, 2021, adjustable quarterly.

(9) Variable rate based on the three-month LIBOR plus 1.60% with a current rate of 1.82% through March 15, 2021, adjustable quarterly.