BORROWED FUNDS (Tables)

9 Months Ended

Sep. 30, 2012

BORROWED FUNDS.

Schedule of borrowed funds

	September 30, 2012				December 31, 2011
			Weighted				Weighted
			Average				Average
(in thousands, except rates)	Principal		Rate		Principal		Rate
Short-term borrowings:
Advances from the FHLB	$	311,866	0.35	%	$	10,000	49.00	%
Long-term borrowings:
Advances from the FHLB	133,357		1.61	%	211,938		1.37	%
Private placement subordinated notes	74,138		6.88	%	—		—
Junior subordinated debentures	15,464		2.28	%	15,464		2.35	%
Other borrowings	2,023		3.50	%	—		—
Total	$	536,848	1.63	%	$	237,402	1.27	%

Summary of FHLBB advances

	September 30, 2012				December 31, 2011
			Weighted				Weighted
			Average				Average
(in thousands, except rates)	Principal		Rate		Principal		Rate
Fixed rate advances maturing:
2012	$	261,800	0.28	%	$	10,000	0.16	%
2013	13,406		0.63	%	16,727		1.44	%
2014	20,346		2.98	%	20,543		3.01	%
2016 and beyond	7,179		3.16	%	10,579		4.10	%
Total fixed rate advances	$	302,731	0.54	%	$	57,849	2.26	%
Variable rate advances maturing:
2012	$	4,990	1.30	%	$	34,940	0.59	%
2013	62,502		1.55	%	59,149		1.37	%
2014	10,000		0.47	%	10,000		0.64	%
2015	20,000		0.51	%	20,000		0.42	%
2016 and beyond	45,000		0.94	%	40,000		0.42	%
Total variable rate advances	$	142,492	1.12	%	$	164,089	0.81	%
Total	$	445,223	0.73	%	$	221,938	1.19	%