Borrowings (Tables)

12 Months Ended

Dec. 31, 2015

Borrowings

Schedule of borrowings with the FHLB

The following table provides a summary of those borrowings as of December 31, 2015:

	Year of Maturity
	2016		2017		2018		2019		2020		Over 5 Years
		(dollars in thousands)
Federal Home Loan Bank borrowings	$	38,521	$	13,500	$	2,500	$	10,000	$	11,000	$	28,000
Weighted average interest rate		0.41%		1.19%		1.12%		1.72%		2.32%		2.41%

Summary of junior subordinated debentures outstanding

The following table provides detail of junior subordinated debentures outstanding at December 31, 2015:

	Amount Issued		Carrying Value		Current Rate		Issue Date		Scheduled Maturity		Rate Type
		(dollars in thousands)
Heritage Oaks Capital Trust II	$	5,248	$	5,248		2.33%		27-Oct-06		Aug-37		Variable 3-month LIBOR + 1.72%
Mission Community Capital Trust I	$	3,093	$	2,204		3.57%		14-Oct-03		Oct-33		Variable 3-month LIBOR + 2.95%
Santa Lucia Bancorp (CA) Capital Trust	$	5,155	$	2,986		2.10%		28-Apr-06		Jul-36		Variable 3-month LIBOR + 1.48%