CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2013

CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

Composition of cash and cash equivalents

	December 31,
	2013		2012
	(Dollars in thousands)
Cash and amounts due from banks	$	693,387	$	933,050
Cash equivalents:
Money market funds	605		3,526
Other short-term investments	201,828		386,530
Total cash and cash equivalents	$	895,820	$	1,323,106

Schedule of short-term investments

	December 31,
	2013		2012
	(Dollars in thousands)
Balance at end of year	$	257,473	$	366,378
Average balance outstanding during the year	334,049		242,937
Maximum balance outstanding at any month-end	384,375		367,283
Weighted average interest rate at end of year	3.23%		2.64%