Borrowings (Tables)

12 Months Ended

Dec. 31, 2016

Borrowings

Schedule of borrowings with the FHLB

The following table provides a summary of those borrowings as of December 31, 2016:

	Year of Maturity
	2017		2018		2019		2020		2021		Over 5 Years
		(dollars in thousands)
Federal Home Loan Bank borrowings	$	43,500	$	2,500	$	10,000	$	13,500	$	10,000	$	28,000
Weighted average interest rate		0.75%		1.12%		1.72%		2.18%		2.02%		2.31%

Summary of junior subordinated debentures outstanding

	As of December 31, 2016
	Amount Issued		Carrying Value		Current Rate		Issue Date		Scheduled Maturity		Rate Type
		(dollars in thousands)
Heritage Oaks Capital Trust II	$	5,248	$	5,248		2.72%		27-Oct-06		Aug-37		Variable 3-month LIBOR + 1.72%
Mission Community Capital Trust I	$	3,093	$	2,254		3.83%		14-Oct-03		Oct-33		Variable 3-month LIBOR + 2.95%
Santa Lucia Bancorp (CA) Capital Trust	$	5,155	$	3,110		2.36%		28-Apr-06		Jul-36		Variable 3-month LIBOR + 1.48%