OTHER BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

OTHER BORROWINGS

Other borrowings consist of the following:

(Dollars in Thousands)	March 31, 2016		December 31, 2015		March 31, 2015
Daily Rate Credit from Federal Home Loan Bank with a fixed interest rate of 0.51%	$	47,000	$	-	$	-
Advance from Federal Home Loan Bank with a fixed interest rate of 2.81%, due July 15, 2016	$	2,518	$	-	$	-
Advance from Federal Home Loan Bank with a fixed interest rate of 1.40%, due January 9, 2017	$	4,020	$	-	$	-
Advance from Federal Home Loan Bank with a fixed interest rate of 1.23%, due May 30, 2017	$	5,017	$	-	$	-
Advances under revolving credit agreement with a regional bank with interest at 90-day LIBOR plus 3.50% (3.78% at March 31, 2016, 3.92% at December 31, 2015 and 3.73% at March 31, 2015) due in August 2017, secured by subsidiary bank stock		36,000		24,000		24,000
Advances under revolving credit agreement with a regional bank with a fixed interest rate of 8.00% due January 2017		879		-		-
Advance from correspondent bank with a fixed interest rate of 4.50%, due November 27, 2017, secured by subsidiary bank loan receivable		-		-		4,851
Advance from correspondent bank with a fixed interest rate of 4.25%, due October 15, 2019, secured by subsidiary bank loan receivable		97		-		-
Subordinated debt issued by The Prosperity Banking Company due September 2016 with an interest rate of 90-day LIBOR plus 1.75% (2.38% at March 31, 2016, 2.28% at December 31, 2015 and 2.02% at March 31, 2015)		15,000		15,000		15,000
Total	$	110,531	$	39,000	$	43,851