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Junior Subordinated Debentures Held by Trusts that Issued Capital Debt (Tables)
12 Months Ended
Dec. 31, 2014
Text Block [Abstract]  
Summary of Capital Securities and Junior Subordinated Debentures

The following is a summary of the outstanding capital securities issued by each Issuer Trust and the junior subordinated debentures issued by the Company to each Issuer Trust as of December 31, 2014.

SUMMARY OF CAPITAL SECURITIES AND JUNIOR SUBORDINATED DEBENTURES

 

December 31, 2014

   Capital Securities    Junior Subordinated Debentures

Issuer Trust

   Issuance Date    Stated
Value
    

Distribution Rate

   Principal
Amount
     Maturity    Redeemable
Beginning

Sun Capital Trust V

   December 18, 2003    $ 15,000      

3-mo LIBOR plus 2.80%

   $ 15,464       December 30, 2033    December 30, 2008

Sun Capital Trust VI

   December 19, 2003      25,000      

3-mo LIBOR plus 2.80%

     25,774       January 23, 2034    January 23, 2009

Sun Statutory Trust VII

   January 17, 2006      30,000      

3-mo LIBOR plus 1.35%

     30,928       March 15, 2036    March 15, 2011

Sun Capital Trust VII

   April 19, 2007      10,000      

3-mo LIBOR plus 1.53%

     10,310       June 30, 2037    June 30, 2012

Sun Capital Trust VIII

   July 5, 2007      10,000      

3-mo LIBOR plus 1.39%

     10,310       October 1, 2037    October 1, 2012
     

 

 

       

 

 

       
$ 90,000    $ 92,786