DERIVATIVE INSTRUMENTS AND OFFSETTING ASSETS AND LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2016

DERIVATIVE INSTRUMENTS AND OFFSETTING ASSETS AND LIABILITIES [Abstract]

Offsetting Of Derivative Assets And Liabilities

	March 31, 2016
				Gross Amounts Not Offset
				in the Consolidated
				Balance Sheet
					Financial
	Gross Amount	Gross Amount	Net Amount	Financial	Collateral	Net
	Recognized	Offset	Recognized	Instruments	Pledged	Amount
	(In thousands)
Financial assets:
Derivatives:
Forward commitments	$                6,436	$                      -	$               6,436	$                  -	$                  -	$          6,436
Loan/lease interest rate swaps	17,285	-	17,285	-	-	17,285
Total financial assets	$              23,721	$                      -	$             23,721	$                  -	$                  -	$        23,721
	.
Financial liabilities:
Derivatives:
Forward commitments	$                1,804	$                      -	$               1,804	$                  -	$                  -	$          1,804
Loan/lease interest rate swaps	17,285	-	17,285	-	(17,285)	-
Repurchase arrangements	431,089	-	431,089	(431,089)	-	-
Total financial liabilities	$            450,178	$                      -	$           450,178	$     (431,089)	$       (17,285)	$          1,804

	December 31, 2015
				Gross Amounts Not Offset
				in the Consolidated
				Balance Sheet
					Financial
	Gross Amount	Gross Amount	Net Amount	Financial	Collateral	Net
	Recognized	Offset	Recognized	Instruments	Pledged	Amount
	(In thousands)
Financial assets:
Derivatives:
Forward commitments	$                3,894	$                      -	$               3,894	$                  -	$                  -	$          3,894
Loan/lease interest rate swaps	15,856	-	15,856	-	-	15,856
Total financial assets	$              19,750	$                      -	$             19,750	$                  -	$                  -	$        19,750
Financial liabilities:
Derivatives:
Forward commitments	$                   395	$                      -	$                  395	$                  -	$                  -	$             395
Loan/lease interest rate swaps	15,856	-	15,856	-	(15,856)	-
Repurchase arrangements	405,937	-	405,937	(405,937)	-	-
Total financial liabilities	$            422,188	$                      -	$           422,188	$     (405,937)	$       (15,856)	$             395

	March 31, 2015
				Gross Amounts Not Offset
				in the Consolidated
				Balance Sheet
					Financial
	Gross Amount	Gross Amount	Net Amount	Financial	Collateral	Net
	Recognized	Offset	Recognized	Instruments	Pledged	Amount
	(In thousands)
Financial assets:
Derivatives:
Forward commitments	$                5,319	$                      -	$               5,319	$                  -	$                  -	$          5,319
Loan/lease interest rate swaps	22,178	-	22,178	-	-	22,178
Total financial assets	$              27,497	$                      -	$             27,497	$                  -	$                  -	$        27,497
Financial liabilities:
Derivatives:
Forward commitments	$                1,546	$                      -	$               1,546	$                  -	$                  -	$          1,546
Loan/lease interest rate swaps	22,178	-	22,178	-	(22,178)	-
Repurchase arrangements	384,829	-	384,829	(384,829)	-	-
Total financial liabilities	$            408,553	$                      -	$           408,553	$     (384,829)	$       (22,178)	$          1,546