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Junior Subordinated Debt (Tables)
6 Months Ended
Jun. 30, 2016
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):

 

Subordinated Debt Series

   Maturity
Date
     Face
Value
     Coupon Rate     As of June 30, 2016      December 31, 2015  
         (Variable)     Current     Recorded      Recorded  
         3 mo. LIBOR +     Coupon Rate     Book Value      Book Value  

TriCo Cap Trust I

     10/7/2033       $ 20,619         3.05     3.68   $ 20,619       $ 20,619   

TriCo Cap Trust II

     7/23/2034         20,619         2.55     3.19     20,619         20,619   

North Valley Trust II

     4/24/2033         6,186         3.25     3.89     5,075         5,055   

North Valley Trust III

     4/24/2034         5,155         2.80     3.44     3,985         3,966   

North Valley Trust IV

     3/15/2036         10,310         1.33     1.98     6,270         6,211   
     

 

 

        

 

 

    

 

 

 
      $ 62,889           $ 56,568       $ 56,470