OTHER REAL ESTATE OWNED

12 Months Ended

Dec. 31, 2016

Text Block [Abstract]

Other Real Estate Owned Disclosure [Text Block]

NOTE11–OTHER REAL ESTATE OWNED

The following table presents OREO inventory as of the dates indicated:
		December 31,
(In thousands)		2016		2015
OREO
OREO balances, carrying value:
Residential (1)		$	46,917	$	43,563
Commercial			78,698		87,849
Construction			12,066		15,389
Total		$	137,681	$	146,801
(1)	Excludes $15.0 million and $8.9 million as of December 31, 2016 and December 31, 2015, respectively, of foreclosures that meet the conditions of ASC 310-40 and are presented as a receivable (other assets) in the statements of financial condition.