DERIVATIVE INSTRUMENTS AND OFFSETTING ASSETS AND LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2016

DERIVATIVE INSTRUMENTS AND OFFSETTING ASSETS AND LIABILITIES [Abstract]

Offsetting Of Derivative Assets And Liabilities

	June 30, 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	$                8,840	$                      -	$               8,840	$                  -	$                  -	$          8,840
Loan/lease interest rate swaps	16,612	-	16,612	-	-	16,612
Total financial assets	$              25,452	$                      -	$             25,452	$                  -	$                  -	$        25,452
	.
Financial liabilities:
Derivatives:
Forward commitments	$                3,569	$                      -	$               3,569	$                  -	$                  -	$          3,569
Loan/lease interest rate swaps	16,854	-	16,854	-	(16,854)	-
Repurchase arrangements	415,949	-	415,949	(415,949)	-	-
Total financial liabilities	$            436,372	$                      -	$           436,372	$     (415,949)	$       (16,854)	$          3,569

	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	15,614	-	15,614	-	-	15,614
Total financial assets	$              19,508	$                      -	$             19,508	$                  -	$                  -	$        19,508
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

	June 30, 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	$                7,013	$                      -	$               7,013	$                  -	$                  -	$          7,013
Loan/lease interest rate swaps	18,294	-	18,294	-	-	18,294
Total financial assets	$              25,307	$                      -	$             25,307	$                  -	$                  -	$        25,307
Financial liabilities:
Derivatives:
Forward commitments	$                   304	$                      -	$                  304	$                  -	$                  -	$             304
Loan/lease interest rate swaps	18,565	-	18,565	-	(18,565)	-
Repurchase arrangements	375,980	-	375,980	(375,980)	-	-
Total financial liabilities	$            394,849	$                      -	$           394,849	$     (375,980)	$       (18,565)	$             304