Other Borrowings (Tables)

6 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

Summary of Other Borrowings

Other borrowings consist of the following:

(Dollars in Thousands)	June 30, 2015		December 31, 2014		June 30, 2014
Daily Rate Credit from Federal Home Loan Bank with a fixed interest rate of 0.36%	$	—	$	35,000	$	40,000
Advance from Federal Home Loan Bank with a fixed interest rate of 0.20%, due July 2, 2014		—		—		5,000
Advance from Federal Home Loan Bank with a fixed interest rate of 0.21%, due July 16, 2014		—		—		5,000
Advance from Federal Home Loan Bank with a fixed interest rate of 0.19%, due July 23, 2014		—		—		3,000
Advances under revolving credit agreement with a regional bank with interest at 90-day LIBOR plus 3.50% (3.78% at June 30, 2015 and 3.73% at December 31, 2014) due in August 2016, secured by subsidiary bank stock		24,000		24,000		—
Advances under revolving credit agreement with a regional bank with interest at 90-day LIBOR plus 4.00% (4.23% at June 30, 2014) due in August 2016, secured by subsidiary bank stock		—		—		22,500
Advance from correspondent bank with a fixed interest rate of 4.50%, due November 27, 2017, secured by subsidiary bank loan receivable		—		4,881		4,936
Subordinated debt issued by Prosperity Bank due June 2016 with an interest rate of 90-day LIBOR plus 1.60% (1.84% at June 30, 2014)		—		—		5,000
Subordinated debt issued by The Prosperity Banking Company due September 2016 with an interest rate of 90-day LIBOR plus 1.75% (2.04% at June 30, 2015, 1.99% at December 31, 2014 and 1.98% at June 30, 2014)		15,000		15,000		14,857
Total	$	39,000	$	78,881	$	100,293