BORROWED FUNDS (Tables)

12 Months Ended

Dec. 31, 2012

BORROWED FUNDS

Schedule of borrowed funds

	2012				2011
			Weighted				Weighted
			Average				Average
(in thousands, except rates)	Principal		Rate		Principal		Rate
Short-term borrowings:
Advances from the FHLBB	$	153,150	0.28	%	$	10,000	0.49	%
Other Borrowings	10,000		1.96		—		—
Total short-term borrowings:	163,150		0.38		10,000		0.49
Long-term borrowings:
Advances from the FHLBB	195,321		1.18		211,938		1.37
Private placement subordinated notes	74,153		7.00		—		—
Junior subordinated debentures	15,464		2.16		15,464		2.35
Total long-term borrowings:	284,938		2.76		227,402		1.44
Total	$	448,088	1.89	%	$	237,402	1.27

Summary of FHLBB advances

	2012				2011
			Weighted				Weighted
(In thousands)	Amount		Average Rate		Amount		Average Rate
Fixed rate advances maturing:
2013	$	186,448	0.32	%	$	10,000	0.16	%
2014	20,280		3.04		16,727		1.44
2015	—		—		20,543		3.01
2016	1,645		0.80		—		—
2017 and beyond	5,478		3.87		10,579		4.10
Total fixed rate advances	213,851		0.67		57,849		2.26
Variable rate advances maturing:
2013	59,620		1.33		34,940		0.59
2014	10,000		0.39		59,149		1.37
2015	20,000		0.41		10,000		0.64
2016	10,000		0.41		20,000		0.42
2017 and beyond	35,000		0.97		40,000		0.42
Total variable rate advances	134,620		0.96		164,089		0.81
Total FHLBB advances	$	348,471	0.78	%	$	221,938	1.19	%