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OTHER BORROWINGS
3 Months Ended
Mar. 31, 2015
OTHER BORROWINGS

NOTE 18 – OTHER BORROWINGS

 

Other borrowings, as of the indicated dates, consist of:

 

 March 31,  December 31,
 2015 2014
 (In thousands)
Junior subordinated debentures due in 2034,     
interest-bearing at a floating rate of 2.75%     
over 3-month LIBOR (3.02% as of March 31, 2015     
and 2.99% as of December 31, 2014)$ 103,093 $ 103,093
      
Junior subordinated debentures due in 2034,     
interest-bearing at a floating rate of 2.50%     
over 3-month LIBOR (2.77% as of March 31, 2015     
and 2.75% as of December 31, 2014)  128,866   128,866
 $ 231,959 $ 231,959