DERIVATIVE INSTRUMENTS AND OFFSETTING ASSETS AND LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2017

DERIVATIVE INSTRUMENTS AND OFFSETTING ASSETS AND LIABILITIES [Abstract]

Offsetting Of Derivative Assets And Liabilities

	March 31, 2017
				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	$                5,642	$                      -	$               5,642	$                  -	$                  -	$              5,642
Loan/lease interest rate swaps	7,384	-	7,384	-	-	7,384
Total financial assets	$              13,026	$                      -	$             13,026	$                  -	$                  -	$            13,026
	.
Financial liabilities:
Derivatives:
Forward commitments	$                1,124	$                      -	$               1,124	$                  -	$                  -	$              1,124
Loan/lease interest rate swaps	7,384	-	7,384	-	(7,384)	-
Repurchase arrangements	375,832	-	375,832	(375,832)	-	-
Total financial liabilities	$            384,340	$                      -	$           384,340	$     (375,832)	$         (7,384)	$              1,124

	December 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	$                6,701	$                      -	$               6,701	$                  -	$                  -	$              6,701
Loan/lease interest rate swaps	9,175	-	9,175	-	-	9,175
Total financial assets	$              15,876	$                      -	$             15,876	$                  -	$                  -	$            15,876
Financial liabilities:
Derivatives:
Forward commitments	$                   448	$                      -	$                  448	$                  -	$                  -	$                 448
Loan/lease interest rate swaps	9,175	-	9,175	-	(9,175)	-
Repurchase arrangements	454,002	-	454,002	(454,002)	-	-
Total financial liabilities	$            463,625	$                      -	$           463,625	$     (454,002)	$         (9,175)	$                 448

	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