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Junior Subordinated Debt (Tables)
9 Months Ended
Sep. 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):

 

                   Coupon Rate     As of September 30, 2016      December 31, 2015  
     Maturity      Face      (Variable)     Current     Recorded      Recorded  

Subordinated Debt Series

   Date      Value      3 mo. LIBOR +     Coupon Rate     Book Value      Book Value  

TriCo Cap Trust I

     10/7/2033       $ 20,619         3.05     3.73   $ 20,619       $ 20,619   

TriCo Cap Trust II

     7/23/2034         20,619         2.55     3.26     20,619         20,619   

North Valley Trust II

     4/24/2033         6,186         3.25     4.01     5,085         5,055   

North Valley Trust III

     4/24/2034         5,155         2.80     3.51     3,995         3,966   

North Valley Trust IV

     3/15/2036         10,310         1.33     2.18     6,299         6,211   
     

 

 

        

 

 

    

 

 

 
      $ 62,889           $ 56,617       $ 56,470