TIME DEPOSITS AND SHORT-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2011

TIME DEPOSITS AND SHORT-TERM DEBT [Abstract]

Maturities of Time Deposits

For time deposits with a remaining maturity of more than one year at December 31, 2011, the aggregate amount of time deposits maturing in each of the following five years is presented in the following table:

Maturing in	Amount
	(In thousands)
2013	$355,323
2014	356,342
2015	212,470
2016	122,852
2017	69
Thereafter	173
Total	$1,047,229

Short-Term Debt Disclosure

The following tables present information relating to short-term debt for the years ended December 31, 2011, 2010 and 2009:

	2011
											Maximum
	End of Period					Daily Average					Outstanding
			Interest					Interest			at any
	Balance		Rate			Balance		Rate			Month End
	(Dollars in thousands)
Securities sold under agreement to repurchase	$	373,933		0.07	%	$	435,931		0.10	%	$	493,157
Short-term FHLB advances		1,500		4.71			1,580		5.72			2,723
Total	$	375,433				$	437,511				$	495,880

	2010
											Maximum
	End of Period					Daily Average					Outstanding
			Interest					Interest			at any
	Balance		Rate			Balance		Rate			Month End
	(Dollars in thousands)
Federal funds purchased	$	-		-	%	$	877		0.11	%	$	-
Securities sold under agreement to repurchase		440,593		0.15			486,621		0.17			514,659
Short-term FHLB advances		2,727		5.72			51,638		1.03			152,738
Total	$	443,320				$	539,136				$	667,397

	2009
											Maximum
	End of Period					Daily Average					Outstanding
			Interest					Interest			at any
	Balance		Rate			Balance		Rate			Month End
	(Dollars in thousands)
Federal funds purchased	$	-		-	%	$	163,860		0.20	%	$	558,000
Securities sold under agreement to repurchase		539,870		0.21			695,381		0.19			816,374
Federal Reserve discount window borrowings		-		-			240,268		0.24			450,000
Short-term FHLB advances		203,500		3.13			75,684		0.19			203,500
Total	$	743,370				$	1,175,193				$	2,027,874