INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2017

INCOME TAXES

Schedule of reconciliation of income tax expense attributable to income from operations with amounts computed by applying the U.S. federal tax rate to pretax income from continuing operations

	For the Three-Month Periods Ended September 30,									For the Nine-Month Periods Ended September 30,
	2017				2016					2017				2016
(in thousands)	Amount		%		Amount		%			Amount		%		Amount		%
Provision for income taxes at the statutory rate of 35%	$	(302)	35.0	%	$	10,900	35.0	%		$	20,866	35.0	%	$	41,677	35.0	%
Increase (reduction) in taxes resulting from:
Excess tax benefit on share-based compensation		(477)	55.3	%		—	0.0	%			(3,711)	(6.2)	%		—	0.0	%
Tax exempt interest income		(1,187)	137.7	%		(1,020)	(3.2)	%			(3,525)	(5.9)	%		(3,149)	(2.6)	%
Dividends received deduction		(553)	64.2	%		(626)	(2.0)	%			(1,488)	(2.5)	%		(1,676)	(1.4)	%
ESOP dividends paid deduction		(240)	27.9	%		(238)	(0.8)	%			(724)	(1.2)	%		(714)	(0.6)	%
Other items, net		163	(18.9)	%		(137)	(0.5)	%			429	0.7	%		205	0.1	%
Total tax expense (benefit)	$	(2,596)	301.2	%	$	8,879	28.5	%		$	11,847	19.9	%	$	36,343	30.5	%