GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2011

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

Goodwill Carrying Amounts by Operating Segment

The carrying amounts of goodwill by operating segment for the six months ended June 30, 2011 were as follows:

	Community		Insurance
	Banking		Agencies		Total
	(In thousands)
Balance as of December 31, 2010	$	217,618	$	52,479	$	270,097
Goodwill recorded during the period		-		1,200		1,200
Balance as of June 30, 2011	$	217,618	$	53,679	$	271,297

Carrying Value and Accumulated Amortization of Identifiable Intangible Assets

The following tables present information regarding the components of the Company's identifiable intangible assets for the dates and periods indicated:

	As of				As of
	June 30, 2011				December 31, 2010
	Gross Carrying		Accumulated		Gross Carrying		Accumulated
	Amount		Amortization		Amount		Amortization
Amortized intangible assets:	(In thousands)
Core deposit intangibles	$	27,801	$	20,231	$	27,801	$	19,716
Customer relationship intangibles		32,749		22,814		32,511		21,661
Non-solicitation intangibles		75		19		-		-
Total	$	60,625	$	43,064	$	60,312	$	41,377
Unamortized intangible assets:
Trade names	$	688	$	-	$	688	$	-

Aggregate Amortization Expense

Three months ended					Six months ended
	June 30,					June 30,
	2011		2010			2011		2010
Aggregate amortization expense for:	(In thousands)
Core deposit intangibles	$	248	$	323		$	515	$	662
Customer relationship intangibles		575		661			1,153		1,337
Non-solicitation intangibles		9		-			19		-
Total	$	832	$	984		$	1,687	$	1,999

Future Estimated Amortization Expense

 The following table presents information regarding estimated amortization expense on the Company's amortizable identifiable intangible assets for the year ending December 31, 2011 and the succeeding four years:

			Customer		Non-
	Core Deposit		Relationship		Solicitation
	Intangibles		Intangibles		Intangibles		Total
Estimated Amortization Expense:	(In thousands)
For year ending December 31, 2011	$	1,016	$	2,223	$	38	$	3,277
For year ending December 31, 2012		946		1,905		37		2,888
For year ending December 31, 2013		582		1,632		-		2,214
For year ending December 31, 2014		526		1,398		-		1,924
For year ending December 31, 2015		157		1,136		-		1,293