ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Advances from FHLB [Table Text Block]

The following is a summary of the advances from the FHLB:
		December 31,		December 31,
		2016		2015
	(In thousands)
	Short-term fixed-rate advances from FHLB, with a weighted-average
	interest rate of 0.78%	$	170,000	$	-
	Long-term fixed-rate advances from FHLB, with a weighted-average
	interest rate of 1.49% (December 31, 2015 - 1.30%)		500,000		455,000
		$	670,000	$	455,000

Advances from FHLB Mature [Table Text Block]

Advances from FHLB mature as follows:
		December 31,
		2016
	(In thousands)
	Within 30 days	$	170,000
	One to six months		-
	Six months to one year		200,000
	Over one to three years		300,000
	Total	$	670,000