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Subordinated Debentures (Tables)
 9 Months Ended
Sep. 30, 2014
Subordinated Borrowings [Abstract]  
Summary of Trust Preferred Securities and Debentures
The following table is a summary of trust preferred securities and Debentures at September 30, 2014:
Issuance Trust

Issuance
Date

Trust
Preferred
Security
Amount

Carrying Value of Subordinated
Debentures


Rate
Type

Initial
Rate

Coupon Rate at
September 30, 2014

Maturity
Date
 
 
 
 
(Dollars in thousands)
 
 
 
 
 
 
 
 
Nara Capital Trust III

6/5/2003

$
5,000


$
5,155


Variable

4.44
%

3.38
%

6/15/2033
Nara Statutory Trust IV

12/22/2003

5,000


5,155


Variable

4.02
%

3.08
%

1/7/2034
Nara Statutory Trust V

12/17/2003

10,000


10,310


Variable

4.12
%

3.19
%

12/17/2033
Nara Statutory Trust VI

3/22/2007

8,000


8,248


Variable

7.00
%

1.88
%

6/15/2037
Center Capital Trust I

12/30/2003

18,000


13,249


Variable

4.01
%

3.08
%
(1) 
1/7/2034
TOTAL ISSUANCE



$
46,000


$
42,117









(1) The Center Capital Trust I trust preferred security was assumed in the merger with Center Financial Corporation. The remaining discount
was $5.3 million at September 30, 2014 and the effective rate of the security, including the effect of the discount accretion, was 5.54% at
September 30, 2014.