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OTHER BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2014
Banking and Thrift [Abstract]  
Schedule of maturities of the Company's Federal Home Loan Bank advances

As of December 31, 2014 and 2013, maturities of the Company’s Federal Home Loan Bank Advances are approximately as follows:

 

 

          December 31,  
Maturity   Rate     2014     2013  
                         
August-2026 (1)    N/A       $ 254,084     $ 273,079  

  

 

(1) Represents an Affordable Housing Program (AHP) award used to subsidize loans for homeownership or rental initiatives. The AHP is a principal reducing credit, scheduled to mature on August 17, 2026 with an interest rate of zero.