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PREMISES AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2011
PREMISES AND EQUIPMENT  
Schedule of premises and equipment

 

 

 
  December 31,  
 
  2011   2010  
 
  (In thousands)
 

Land

  $ 15,545   $ 15,545  

Office buildings

    92,041     108,131  

Leasehold improvements

    25,084     24,534  

Furniture, fixtures and equipment

    45,918     48,430  
           

Total cost

    178,588     196,640  

Accumulated depreciation and amortization

    (59,662 )   (60,721 )
           

Net book value

  $ 118,926   $ 135,919