TRUST PREFERRED SECURITIES (Tables)

12 Months Ended

Dec. 31, 2017

Trust Preferred Securities Tables

Schedule of subordinated debt transactions

The following table details the subordinated debt transactions outstanding:

						December 31,
	Shares	12/31/2017		Maturity
	Issued	Interest Rate	Interest Rate (1)	Date		2017		2016
						(Dollars in thousands)
NPB Capital Trust I	341	3.96%	3 Month LIBOR plus 2.60%	7/7/2034	$	11,341	$	11,341
NPB Capital Trust 2	155	3.13%	3 Month LIBOR plus 1.77%	10/7/2036		5,155		5,155
					$	16,496	$	16,496

(1) Interest rate on both NPB Capital Trust I and NPB Capital Trust 2 are a floating rate, which resets quarterly.