OTHER BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

OTHER BORROWINGS

Other borrowings consist of the following:

	December 31,
	2016		2015
	(dollars in thousands)
Daily Rate Credit from Federal Home Loan Bank with a variable interest rate (0.80% at December 31, 2016)	$	150,000	$	-
Advance from Federal Home Loan Bank with a fixed rate of 0.56%, due January 6, 2017		292,500		-
Advance from Federal Home Loan Bank with a fixed rate of 1.40%, due January 9, 2017		4,002		-
Advance from Federal Home Loan Bank with a fixed rate of 1.23%, due May 30, 2017		5,006		-
Advances under revolving credit agreement with a regional bank with interest at 90-day LIBOR plus 3.50% (4.43% at December 31, 2016 and 3.92% at December 31, 2015) due September 26, 2017, secured by subsidiary bank stock		38,000		24,000
Advances under revolving credit agreement with a regional bank with a fixed interest rate of 8.00% due January 7, 2017		850		-
Advance from correspondent bank with a fixed interest rate of 4.25%, due October 5, 2019, secured by a loan receivable		77		-
Advance from correspondent bank with a fixed interest rate of 2.09%, due September 5, 2026, secured by a loan receivable		1,886		-
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)		-		15,000
	$	492,321	$	39,000