INCOME TAXES (Tables)

9 Months Ended

Sep. 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 September 30,								For the Nine-Month Periods Ended September 30,
	2015				2014				2015				2014
(in thousands)	Amount		%		Amount		%		Amount		%		Amount		%
Provision for income taxes at the statutory rate of 35%	$	18,178	35.0	%	$	17,008	35.0	%	$	52,885	35.0	%	$	50,053	35.0	%
Increase (reduction) in taxes resulting from:
Tax exempt interest income		(1,082)	(2.1)	%		(1,033)	(2.1)	%		(3,098)	(2.0)	%		(3,115)	(2.2)	%
Dividends received deduction		(603)	(1.2)	%		(633)	(1.3)	%		(1,715)	(1.1)	%		(1,764)	(1.2)	%
ESOP dividends paid deduction		(234)	(0.4)	%		(218)	(0.4)	%		(693)	(0.5)	%		(639)	(0.5)	%
Other items, net		(230)	(0.4)	%		216	0.4	%		30	0.0	%		525	0.4	%
Total tax expense	$	16,029	30.9	%	$	15,340	31.6	%	$	47,409	31.4	%	$	45,060	31.5	%