OTHER BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

OTHER BORROWINGS

Other borrowings consist of the following:

	December 31,
	2015		2014
	(Dollars in Thousands)
Daily Rate Credit from Federal Home Loan Bank with a fixed interest rate of 0.36%.	$	-	$	35,000
Advances under revolving credit agreement with a regional bank with interest at 90-day LIBOR plus 3.50% (3.92% at December 31, 2015 and 3.73% at December 31, 2014) due in August 2016, secured by subsidiary bank stock.		24,000		24,000
Advance from correspondent bank with a fixed interest rate of 4.50%, due November 27, 2017, secured by subsidiary bank loan receivable.		-		4,881
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 1.99% at December 31, 2014).		15,000		15,000
	$	39,000	$	78,881