XML 65 R56.htm IDEA: XBRL DOCUMENT v2.4.1.9
Junior Subordinated Debt (Tables)
3 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
Summary of Terms and Recorded Balance of Subordinated Debenture

The following table summarizes the terms and recorded balance of each subordinated debenture as of the date indicated (dollars in thousands):

 

                   Coupon Rate
(Variable)
3 mo. LIBOR +
    As of March 31, 2015  

Subordinated Debt Series

   Maturity
Date
     Face
Value
       Current
Coupon Rate
    Recorded
Book Value
 

TriCo Cap Trust I

     10/7/2033       $ 20,619         3.05     3.30   $ 20,619   

TriCo Cap Trust II

     7/23/2034         20,619         2.55     2.81     20,619   

North Valley Trust II

     4/24/2033         6,186         3.25     3.50     5,025   

North Valley Trust III

     4/24/2034         5,155         2.80     3.06     3,936   

North Valley Trust IV

     3/15/2036         10,310         1.33     1.60     6,121   
     

 

 

        

 

 

 
$ 62,889    $ 56,320