Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2014

Debt Disclosure [Abstract]

Long-term debt

Long-term debt as of December 31, 2014 and 2013 is summarized as follows:

	2014		2013
Federal Home Loan Bank advances	$	61,611	$	75,405
Other long-term debt	237		—
Junior subordinated debentures	94,574		94,187
Total long-term debt	$	156,422	$	169,592

Debentures

The following table provides details on the debentures as of December 31, 2014:

	Principal Amount		Interest Rate		Year of Maturity	Amount Included in Tier 1 Capital
PHC Statutory Trust I	$	20,619	3.09	%	2033	$	20,000
PHC Statutory Trust II	31,959		2.11		2035	31,000
Heritage Financial Statutory Trust I	10,310		10.20		2031	10,000
Capital Bancorp Capital Trust I	12,372		1.76		2035	12,000
First M&F Statutory Trust I	30,928		1.57		2036	18,359

Aggregate stated maturities of long-term debt outstanding

The aggregate stated maturities of long-term debt outstanding at December 31, 2014, are summarized as follows:

2015	$	5,702
2016	940
2017	—
2018	42,840
2019	2,415
Thereafter	104,525
Total	$	156,422