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Junior Subordinated Debt (Tables)
3 Months Ended
Mar. 31, 2018
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

                 Coupon Rate     As of March 31, 2018      December 31, 2017  
   Maturity      Face      (Variable)     Current     Recorded      Recorded  
   Date      Value      3 mo. LIBOR +     Coupon Rate     Book Value      Book Value  

TriCo Cap Trust I

     10/7/2033      $ 20,619        3.05     4.77   $ 20,619      $ 20,619  

TriCo Cap Trust II

     7/23/2034        20,619        2.55     4.29     20,619        20,619  

North Valley Trust II

     4/24/2033        6,186        3.25     5.02     5,145        5,135  

North Valley Trust III

     4/24/2034        5,155        2.80     4.54     4,050        4,041  

North Valley Trust IV

     3/15/2036        10,310        1.33     3.45     6,472        6,444  
     

 

 

        

 

 

    

 

 

 
      $ 62,889          $ 56,905      $ 56,858