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OTHER BORROWINGS (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Other Borrowings
Other borrowings consist of the following:
(dollars in thousands)
March 31,
2019
 
December 31,
2018
FHLB borrowings:
 

 
 

Convertible Flipper Advance due May 22, 2019; current interest rate of 4.68%
$
1,505

 
$
1,514

Principal Reducing Advance due June 20, 2019; fixed interest rate of 1.274%
250

 
500

Fixed Rate Advance due December 9, 2030; fixed interest rate of 4.55%
1,431

 
1,434

Fixed Rate Advance due December 9, 2030; fixed interest rate of 4.55%
990

 
993

Principal Reducing Advance due September 29, 2031; fixed interest rate of 3.095%
1,822

 
1,858

Subordinated notes payable:
 

 
 

Subordinated notes payable due March 15, 2027 net of unamortized debt issuance cost of $1,041 and $1,074, respectively; fixed interest rate of 5.75% through March 14, 2022; variable interest rate thereafter at three-month LIBOR plus 3.616%
73,959

 
73,926

Other debt:
 

 
 

Advance from correspondent bank due October 5, 2019; secured by a loan receivable; fixed interest rate of 4.25%
13

 
20

Advance from correspondent bank due September 5, 2026; secured by a loan receivable; fixed interest rate of 2.09%
1,484

 
1,529

Advances under revolving credit agreement with a regional bank due September 26, 2020; secured by subsidiary bank stock; variable interest rate at 90-day LIBOR plus 3.50% (6.13% at March 31, 2019)
70,000

 
70,000

Total
$
151,454

 
$
151,774