JUNIOR SUBORDINATED DEBENTURES (Detail Textuals 1) - USD ($)
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1 Months Ended |
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Apr. 30, 2016 |
Apr. 30, 2013 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Jul. 24, 2004 |
| Debt Instrument [Line Items] |
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| Junior subordinated debentures |
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$ 24,732,000
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$ 12,527,000
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$ 6,200,000
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| Discount accreted to interest expense over the remaining life of the debentures |
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|
200,000
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200,000
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$ 200,000
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| Trust preferred securities |
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| Debt Instrument [Line Items] |
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| Carrying value of trust preferred securities |
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23,700,000
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12,000,000
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| Mid-Wisconsin |
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| Debt Instrument [Line Items] |
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| Junior subordinated debentures |
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$ 10,300,000
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| Trust preferred securities issued during period |
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$ 10,000,000
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| Base rate, description |
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three-month LIBOR
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| Basis spread |
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1.43%
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| Debentures, description |
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The debentures may be called at par plus any accrued but unpaid interest, in part or in full, on or after December 15, 2010 or within 120 days of certain events.
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| Fair value of debentures |
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$ 5,800,000
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| Discount accreted to interest expense over the remaining life of the debentures |
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$ 4,500
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| Maturity date of trust preferred securities and debentures |
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Dec. 15, 2035
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| Mid-Wisconsin | Trust preferred securities |
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| Debt Instrument [Line Items] |
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| Carrying value of trust preferred securities |
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6,500,000
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$ 6,300,000
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$ 6,100,000
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| Baylake Corp |
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| Debt Instrument [Line Items] |
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| Junior subordinated debentures |
$ 16,600,000
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$ 12,000,000
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| Trust preferred securities issued during period |
$ 16,100,000
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| Base rate, description |
three-month LIBOR plus 1.35
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| Basis spread |
1.35%
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| Debentures, description |
The debentures may be redeemed on any interest payment date at par in part or in full, on or after June 30, 2011.
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| Fair value of debentures |
$ 11,800,000
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| Floor rate |
2.35%
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| Maturity date of trust preferred securities and debentures |
Sep. 30, 2036
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