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Subordinated Debentures (Tables)
12 Months Ended
Dec. 31, 2019
Debt Instruments [Abstract]  
Summary of Subordinated Debentures
The Company’s subordinated debentures are reflected in the table below. The amounts include fair value adjustments from acquisitions.
December 31, 2019Rate StructureMaturity
Date
(Dollars in thousands)BalanceRate
Subordinated debentures owed to trust subsidiaries
First Company Statutory Trust 2001$3,395  5.227 %3 month LIBOR plus 3.30%07/31/2031
First Company Statutory Trust 20032,497  5.197 %3 month LIBOR plus 3.25%03/26/2033
Glacier Capital Trust II46,393  4.736 %3 month LIBOR plus 2.75%04/07/2034
Citizens (ID) Statutory Trust I5,155  4.550 %3 month LIBOR plus 2.65%06/17/2034
Glacier Capital Trust III36,083  3.276 %3 month LIBOR plus 1.29%04/07/2036
Glacier Capital Trust IV30,928  3.464 %3 month LIBOR plus 1.57%09/15/2036
Bank of the San Juans Bancorporation Trust I1,970  3.734 %3 month LIBOR plus 1.82%03/01/2037
FNB (UT) Statutory Trust I4,124  5.061 %3 month LIBOR plus 3.10%06/26/2033
FNB (UT) Statutory Trust II1,752  3.614 %3 month LIBOR plus 1.72%12/15/2036
Total subordinated debentures owed to trust subsidiaries
132,297  
Tier 2 subordinated debentures7,617  6.625 %Fixed10/01/2025
Total subordinated debentures$139,914