BORROWED FUNDS (Tables)

3 Months Ended

Mar. 31, 2015

BORROWED FUNDS

Schedule of borrowed funds

	March 31, 2015				December 31, 2014
			Weighted				Weighted
			Average				Average
(dollars in thousands)	Principal		Rate		Principal		Rate
Short-term borrowings:
Advances from the FHLBB	$	884,500	0.25	%	$	890,900	0.24	%
Other Borrowings	10,000		1.83		10,000		1.80
Total short-term borrowings:	894,500		0.25		900,900		0.23
Long-term borrowings:
Advances from the FHLBB	61,618		0.91		61,676		0.93
Subordinated borrowings	74,301		7.00		74,283		7.00
Junior subordinated borrowings	15,464		2.11		15,464		2.08
Total long-term borrowings:	151,383		4.02		151,423		4.03
Total	$	1,045,883	0.80	%	$	1,052,323	0.79	%

Summary of maturities of FHLBB advances

	March 31, 2015				December 31, 2014
			Weighted				Weighted
			Average				Average
(in thousands, except rates)	Principal		Rate		Principal		Rate
Fixed rate advances maturing:
2015	$	934,500	0.25	%	$	940,900	0.24	%
2016	1,503		0.03		1,519		0.88
2017	5,000		4.33		5,000		4.33
2018	—		0.00		—		0.00
2019 and beyond	5,115		3.91		5,157		3.85
Total FHLBB advances	$	946,118	0.29	%	$	952,576	0.28	%