INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2016

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 March 31,
	2016				2015
(in thousands)	Amount		%		Amount		%
Provision for income taxes at the statutory rate of 35%	$	15,958	35.0	%	$	15,580	35.0	%
Increase (reduction) in taxes resulting from:
Tax exempt interest income		(1,100)	(2.4)	%		(962)	(2.2)	%
Dividends received deduction		(565)	(1.2)	%		(577)	(1.3)	%
ESOP dividends paid deduction		(232)	(0.5)	%		(220)	(0.5)	%
Other items, net		139	0.2	%		94	0.3	%
Total tax expense	$	14,200	31.1	%	$	13,915	31.3	%