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SUBORDINATED DEBENTURES (FY) (Tables)
12 Months Ended
Dec. 31, 2016
SUBORDINATED DEBENTURES [Abstract]  
Schedule of information regarding subordinated debentures

Summary information regarding subordinated debentures as of December 31 follows:

2016 and 2015
Entity Name
Issue
Date
Subordinated
Debentures
Trust
Preferred
Securities
Issued
Common
Stock
Issued
(In thousands)
IBC Capital Finance III
May 2007
$
12,372
 
$
12,000
 
$
372
 
IBC Capital Finance IV
September 2007
 
15,465
 
 
15,000
 
 
465
 
Midwest Guaranty Trust I
November 2002
 
7,732
 
 
7,500
 
 
232
 
$
35,569
 
$
34,500
 
$
1,069
 
Schedule of subordinated debentures and trust preferred securities

Other key terms for the subordinated debentures and trust preferred securities that were outstanding at December 31, 2016 and 2015 follow:

Entity Name
Maturity
Date
Interest Rate
First Permitted
Redemption Date
IBC Capital Finance III
July 30, 2037
3 month LIBOR plus 1.60%
July 30, 2012
IBC Capital Finance IV
September 15, 2037
3 month LIBOR plus 2.85%
September 15, 2012
Midwest Guaranty Trust I
November 7, 2032
3 month LIBOR plus 3.45%
November 7, 2007