XML 115 R98.htm IDEA: XBRL DOCUMENT v3.6.0.2
Senior and Subordinated Debt (Details) - Senior and Subordinated Debt - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Nov. 22, 2016
Sep. 29, 2016
Apr. 01, 2016
Debt Instrument [Line Items]          
Senior notes $ 0 $ 114,891      
Subordinated notes 146,573 38,499      
Total junior subordinated debentures 48,030 47,818      
Senior and subordinated debt 194,603 201,208      
Great Lakes Statutory Trust II (GLST II)          
Debt Instrument [Line Items]          
Debt instrument, unamortized discount 1,800 1,900      
Great Lakes Statutory Trust III (GLST III)          
Debt Instrument [Line Items]          
Debt instrument, unamortized discount $ 2,400 $ 2,500      
Senior notes          
Debt Instrument [Line Items]          
Issuance date Nov. 22, 2011        
Maturity date Nov. 22, 2016        
Interest rate   5.875% 5.875%    
Senior notes     $ 115,000    
Subordinated notes due in 2026          
Debt Instrument [Line Items]          
Issuance date Sep. 29, 2016        
Maturity date Sep. 29, 2026        
Interest rate 5.875%     5.875%  
Subordinated notes $ 146,573 $ 0      
Subordinated notes due in 2016          
Debt Instrument [Line Items]          
Issuance date Mar. 01, 2006        
Maturity date Apr. 01, 2016        
Interest rate   5.85%     5.85%
Subordinated notes $ 0 $ 38,499     $ 38,500
Junior Subordinated Debentures, First Midwest Capital Trust I | First Midwest Capital Trust I (FMCT)          
Debt Instrument [Line Items]          
Issuance date Nov. 11, 2003        
Maturity date Dec. 01, 2033        
Interest rate 6.95% 6.95%      
Total junior subordinated debentures $ 37,800 $ 37,799      
Junior Subordinated Debentures, Great Lakes Statutory Trust II | Great Lakes Statutory Trust II (GLST II)          
Debt Instrument [Line Items]          
Issuance date [1] Dec. 15, 2005        
Maturity date [1] Dec. 15, 2035        
Basis spread on variable interest rate [1],[2] 1.40% 1.40%      
Total junior subordinated debentures [1] $ 4,391 $ 4,296      
Junior Subordinated Debentures, Great Lakes Statutory Trust III | Great Lakes Statutory Trust III (GLST III)          
Debt Instrument [Line Items]          
Issuance date [1] Jun. 15, 2007        
Maturity date [1] Sep. 15, 2037        
Basis spread on variable interest rate [1],[2] 1.70% 1.70%      
Total junior subordinated debentures [1] $ 5,839 $ 5,723      
[1] The junior subordinated debentures related to GLST II and GLST III were assumed by the Company through the Great Lakes acquisition. As of December 31, 2016, these amounts include acquisition adjustments which resulted in a discount of $1.8 million to GLST II and $2.4 million to GLST III. The acquisition adjustments totaled $1.9 million and $2.5 million to GLST II and GLST III, respectively, as of December 31, 2015.
[2] The interest rates are a variable rate based on the three-month LIBOR plus 1.400% and 1.700% for GLST II and GLST III, respectively.