OTHER BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

OTHER BORROWINGS

Other borrowings consist of the following:

(Dollars in Thousands)	September 30, 2016		December 31, 2015		September 30, 2015
Daily Rate Credit from Federal Home Loan Bank with a variable interest rate (0.56% at September 30, 2016)	$	227,500	$	-	$	-
Advance from Federal Home Loan Bank with a fixed interest rate of 0.40%, due October 14, 2016		100,000	$	-		-
Advance from Federal Home Loan Bank with a fixed interest rate of 1.40%, due January 9, 2017		4,008	$	-		-
Advance from Federal Home Loan Bank with a fixed interest rate of 1.23%, due May 30, 2017		5,009	$	-		-
Advances under revolving credit agreement with a regional bank with interest at 90-day LIBOR plus 3.50% (4.34% at September 30, 2016, 3.92% at December 31, 2015, and 3.78% at September 30, 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		860		-		-
Advance from correspondent bank with a fixed interest rate of 4.25%, due October 15, 2019, secured by a loan receivable		84		-		-
Subordinated debt issued by The Prosperity Banking Company due September 2016 with an interest rate of 90-day LIBOR plus 1.75% (2.28% at December 31, 2015 and 2.09% at September 30, 2015)		-		15,000		15,000
Total	$	373,461	$	39,000	$	39,000