FHLBNY ADVANCES (Tables)

12 Months Ended

Dec. 31, 2015

FHLBNY ADVANCES [Abstract]

Summary of Future Maturities of FHLBNY Advances Outstanding

The following table presents a summary of future maturities of FHLBNY Advances outstanding at December 31, 2015:

Year Ending December 31,	Maturing Balance		Weighted Average Interest Rate
2016	$	613,500		0.79	%
2017		302,075		2.04
2018		92,100		1.56
2019		96,250		1.65
2020		49,800		2.02
2021 and beyond		13,000		2.68
TOTAL	$	1,166,725		1.32	%