DERIVATIVE INSTRUMENTS AND OFFSETTING ASSETS AND LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2017

DERIVATIVE INSTRUMENTS AND OFFSETTING ASSETS AND LIABILITIES [Abstract]

Offsetting Of Derivative Assets And Liabilities

	June 30, 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	$                4,617	$                      -	$               4,617	$                  -	$                  -	$              4,617
Loan/lease interest rate swaps	5,287	-	5,287	-	-	5,287
Total financial assets	$                9,904	$                      -	$               9,904	$                  -	$                  -	$              9,904
	.
Financial liabilities:
Derivatives:
Forward commitments	$                   301	$                      -	$                  301	$                  -	$                  -	$                 301
Loan/lease interest rate swaps	5,287	-	5,287	-	(5,287)	-
Repurchase arrangements	399,815	-	399,815	(399,815)	-	-
Total financial liabilities	$            405,403	$                      -	$           405,403	$     (399,815)	$         (5,287)	$                 301

	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

	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