CONDENSED PARENT COMPANY INFORMATION (Tables)

12 Months Ended

Dec. 31, 2014

CONDENSED PARENT COMPANY INFORMATION [Abstract]

Condensed Parent Company Information

Condensed Balance Sheets	December 31,
	2014	2013
Assets:	(In thousands)
Cash on deposit with subsidiary bank	$          93,270	$          56,751
Investment in subsidiaries	1,576,708	1,527,137
Other assets	10,404	11,525
Total assets	$     1,680,382	$     1,595,413
Liabilities and shareholders' equity:
Total liabilities	$          74,323	$          82,283
Shareholders' equity	1,606,059	1,513,130
Total liabilities and shareholders' equity	$     1,680,382	$     1,595,413

	Year Ended December 31,
Condensed Statements of Income	2014	2013	2012
	(In thousands)
Dividends from subsidiaries	$          60,000	$          35,000	$                   -
Other operating income	585	1,775	1,253
Total income	60,585	36,775	1,253
Operating expenses	6,867	15,033	16,931
Income (loss) before tax benefit and equity in undistributed earnings	53,718	21,742	(15,678)
Income tax benefit	2,420	5,860	5,732
Income (loss) before equity in undistributed earnings
of subsidiaries	56,138	27,602	(9,946)
Equity in undistributed earnings of subsidiaries	60,612	66,513	94,241
Net income	$        116,750	$          94,115	$          84,295

	Year Ended December 31,
Condensed Statements of Cash Flows	2014	2013	2012
	(In thousands)
Operating activities:
Net income	$        116,750	$          94,115	$          84,295
Adjustments to reconcile net income
to net cash provided by (used in) operating activities	(61,862)	(62,419)	(95,231)
Net cash provided by (used in) operating activities	54,888	31,696	(10,936)
Financing activities:
Cash dividends	(23,983)	(11,383)	(3,778)
Redemption of junior subordinated debt	(8,248)	(128,866)	-
Advance of long-term debt	8,000	50,000	-
Repayment of long-term debt	(8,066)	(1,786)	-
Common stock transactions, net	13,928	2,696	112,008
Net cash (used in) provided by financing activities	(18,369)	(89,339)	108,230
Increase (decrease)  in cash and cash equivalents	36,519	(57,643)	97,294
Cash and cash equivalents at beginning of year	56,751	114,394	17,100
Cash and cash equivalents at end of year	$          93,270	$          56,751	$        114,394