INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2015

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 June 30,								For the Six-Month Periods Ended June 30,
	2015				2014				2015				2014
(in thousands)	Amount		%		Amount		%		Amount		%		Amount		%
Provision for income taxes at the statutory rate of 35%	$	19,127	35	%	$	18,348	35	%	$	34,707	35	%	$	33,045	35	%
Increase (reduction) in taxes resulting from:
Tax exempt interest income		(1,054)	(2)	%		(1,048)	(2)	%		(2,016)	(2)	%		(2,082)	(2)	%
Dividends received deduction		(535)	(1)	%		(533)	(1)	%		(1,112)	(1)	%		(1,131)	(1)	%
ESOP dividends paid deduction		(238)	—	%		(220)	(1)	%		(458)	—	%		(421)	(1)	%
Other items, net		165	—	%		151	—	%		259	—	%		309	—	%
Total tax expense	$	17,465	32	%	$	16,698	31	%	$	31,380	32	%	$	29,720	31	%