FHLB ADVANCES AND LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2015

FEDERAL HOME LOAN BANK ADVANCES AND LONG-TERM DEBT

Schedule of the components of long-term debt

The following table presents the components of long-term debt as of December 31, 2015 and 2014:

($ in thousands)	December 31,
	2015		2014
Junior subordinated debt	$	146,084	$	145,848
Term loan	60,000		80,000
Total long-term debt	$	206,084	$	225,848

Summary of pertinent information related to outstanding junior subordinated debt issued by each Trust

The following table presents the outstanding junior subordinated debt issued by each trust:

				December 31, 2015				December 31, 2014
Issuer	Stated Maturity (1)	Stated Interest Rate	Current Rate	Aggregate Principal Amount of Trust Securities		Aggregate Principal Amount of the Junior Subordinated Debts		Aggregate Principal Amount of Trust Securities		Aggregate Principal Amount of the Junior Subordinated Debts
($ in thousands)
East West Capital Trust V	November 2034	3-month Libor + 1.80%	2.18%	$	464	$	15,000	$	464	$	15,000
East West Capital Trust VI	September 2035	3-month Libor + 1.50%	2.01%	619		20,000		619		20,000
East West Capital Trust VII	June 2036	3-month Libor + 1.35%	1.86%	928		30,000		928		30,000
East West Capital Trust VIII	June 2037	3-month Libor + 1.40%	1.85%	619		18,000		619		18,000
East West Capital Trust IX	September 2037	3-month Libor + 1.90%	2.41%	928		30,000		928		30,000
Metro Bank Trust	December 2035	3-month Libor + 1.55%	2.06%	1,083		35,000		1,083		35,000
Total				$	4,641	$	148,000	$	4,641	$	148,000

(1) All the above debt instruments are subject to call options where early redemption requires appropriate notice.