XML 54 R21.htm IDEA: XBRL DOCUMENT v3.2.0.727
Borrowings (Tables)
 6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following is a summary of the contractual terms of the subordinated debentures due to the Trusts as of June 30, 2015:

(in thousands; unaudited)
 
 
Subordinated debentures due to NorCal Community Bancorp Trust I on October 7, 2033 with interest payable quarterly, based on 3-month LIBOR plus 3.05%, repricing quarterly (3.33% as of June 30, 2015), redeemable, in whole or in part, on any interest payment date
 
$
4,124

Subordinated debentures due to NorCal Community Bancorp Trust II on March 15, 2036 with interest payable quarterly, based on 3-month LIBOR plus 1.40%, repricing quarterly (1.69% as of June 30, 2015), redeemable, in whole or in part, on any interest payment date
 
4,124

   Total
 
$
8,248