XML 71 R44.htm IDEA: XBRL DOCUMENT v2.4.1.9
Senior and Subordinated Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table presents the Company's senior and subordinated debt by issuance.
Senior and Subordinated Debt
(Dollar amounts in thousands)
 
 
 
 
As of December 31,
 
 
Interest Rate
 
2014
 
2013
Senior notes due in 2016
 
5.875%
 
$
114,768

 
$
114,645

Subordinated notes due in 2016
 
5.850%
 
38,495

 
38,491

Junior subordinated debentures:
 
 
 
 
 
 
First Midwest Capital Trust I ("FMCT") due in 2033
 
6.950%
 
37,797

 
37,796

Great Lakes Statutory Trust II ("GLST II") due in 2035
 
3 month LIBOR + 1.400%
 
4,202

 

Great Lakes Statutory Trust III ("GLST III") due in 2037
 
3 month LIBOR + 1.700%
 
5,607

 

Total junior subordinated debentures
 
 
 
47,606

 
37,796

Total senior and subordinated debt
 
 
 
$
200,869

 
$
190,932