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Borrowings (Tables)
9 Months Ended
Sep. 30, 2016
Debt Disclosure [Abstract]  
Summary of Junior Subordinated Debentures

The following provides a summary of the Company’s junior subordinated debentures as of September 30, 2016:

(Dollars in thousands)

 

Face Value

 

 

Carrying Value

 

 

Maturity Date

 

Interest Rate

National Bancshares Capital Trust II

 

$

15,464

 

 

$

12,728

 

 

September 2033

 

LIBOR + 3.00%

National Bancshares Capital Trust III

 

$

17,526

 

 

$

12,165

 

 

July 2036

 

LIBOR + 1.64%

ColoEast Capital Trust I

 

$

5,155

 

 

$

3,344

 

 

September 2035

 

LIBOR + 1.60%

ColoEast Capital Trust II

 

$

6,700

 

 

$

4,403

 

 

March 2037

 

LIBOR + 1.79%