GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2011

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

Goodwill Carrying Amounts by Operating Segment

The following table presents the changes in the carrying amount of goodwill by operating segment for the years ended December 31, 2011 and 2010:

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

	2010
	Community		Insurance
	Banking		Agencies		Total
	(In thousands)
Balance as of January 1, 2010	$	217,618	$	52,479	$	270,097
Goodwill recorded during the year		-		-		-
Balance as of December 31, 2010	$	217,618	$	52,479	$	270,097

Carrying Value and Accumulated Amortization of Identifiable Intangible Assets

The following tables present information regarding the components of the Company's identifiable intangible assets included in the other assets category on the consolidated balance sheet for the years ended December 31, 2011 and 2010:

	Year ended				Year ended
	December 31, 2011				December 31, 2010
	Gross Carrying		Accumulated		Gross Carrying		Accumulated
	Amount		Amortization		Amount		Amortization
Amortized intangible assets:	(In thousands)
Core deposit intangibles	$	27,801	$	20,728	$	27,801	$	19,716
Customer relationship intangibles		32,749		23,935		32,511		21,661
Non-solicitation intangibles		75		38		600		600
Total	$	60,625	$	44,701	$	60,912	$	41,977
Unamortized intangible assets:
Trade names	$	688	$	-	$	688	$	-

Aggregate Amortization Expense

	Year ended
	December 31,
		2011		2010
Aggregate amortization expense for:	(In thousands)
Core deposit intangibles	$	1,012	$	1,308
Customer relationship intangibles		2,274		2,601
Non-solicitation intangibles		38		-
Total	$	3,324	$	3,909

Future Estimated Amortization Expense

The following table presents information regarding estimated amortization expense of the Company's amortizable identifiable intangible assets for the year ending December 31, 2012, and the succeeding four years:

	Core		Customer		Non-
	Deposit		Relationship		Solicitation
	Intangibles		Intangibles		Intangibles		Total
Estimated amortization expense:	(In thousands)
For the year ending December 31, 2012	$	946	$	1,974	$	37	$	2,957
For the year ending December 31, 2013		582		1,686		-		2,268
For the year ending December 31, 2014		526		1,435		-		1,961
For the year ending December 31, 2015		487		1,158		-		1,645
For the year ending December 31, 2016		451		893		-		1,344