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Junior Subordinated Interest Deferrable Debentures (Tables)
3 Months Ended
Mar. 31, 2015
Junior Subordinated Deferrable Interest Debentures  
Junior subordinated deferrable interest debentures, major types of business trusts

The following table illustrates key information about each of the Capital and Common Securities and their interest rate at March 31, 2015:

 

 

 

Junior
Subordinated
Deferrable
Interest
Debentures

 

Repricing
Frequency

 

Interest Rate

 

Interest Rate
Index (1)

 

Maturity Date

 

Optional
Redemption Date(1)

 

 

 

(Dollars in

 

 

 

 

 

 

 

 

 

 

 

 

 

Thousands)

 

 

 

 

 

 

 

 

 

 

 

Trust VI

 

$

25,774 

 

Quarterly

 

3.71 

%

LIBOR + 3.45

 

November 2032

 

February 2008

 

Trust VIII

 

25,774 

 

Quarterly

 

3.30 

%

LIBOR + 3.05

 

October 2033

 

October 2008

 

Trust IX

 

41,238 

 

Quarterly

 

1.88 

%

LIBOR + 1.62

 

October 2036

 

October 2011

 

Trust X

 

34,021 

 

Quarterly

 

1.90 

%

LIBOR + 1.65

 

February 2037

 

February 2012

 

Trust XI

 

27,990 

 

Quarterly

 

1.88 

%

LIBOR + 1.62

 

July 2037

 

July 2012

 

Trust XII

 

20,619 

 

Quarterly

 

1.71 

%

LIBOR + 1.45

 

September 2037

 

September 2012

 

 

 

$

175,416 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

The Capital Securities may be redeemed in whole or in part on any interest payment date after the Optional Redemption Date.