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SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables) | 12 Months Ended
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Dec. 31, 2017
Schedule Of Repurchase Agreements [Table Text Block] |
|  | December, 31
|  | 2017 |  | 2016
| (Dollars in thousands) |  |  |  |  |
| Shot-term fixed-rate repurchase agreement with a rate of 1.53% | $ | 100,000 |  | $ | -
| Long -term fixed-rate repurchase agreements, interest ranging from 1.96% to 2.26% |  |  |  |  |
| (December 31, 2016: 1.96% to 2.83%) (1)(2) |  | 200,000 |  |  | 300,000
|  | $ | 300,000 |  | $ | 300,000
(1) | Reported net of securities purchased under agreements to repurchase (reverse repurchase agreements) by counterparty, when applicable, pursuant to ASC 210-20-45-11.
(2) | As of December 31, 2017, includes $200 million with an average rate of 2.11% that lenders have the right to call before their contractual maturities at various dates beginning on February 6, 2018. Subsequent to December 31, 2017, no lender has exercised its call option on repurchase agreements.
Schedule of Repurchase Agreement Maturity [Table Text Block] |
Repurchase agreements mature as follows:
|  | December 31, 2017
| (In thousands) |
| Less than one month | $ | 100,000
| Over four to five years |  | 200,000
| Total | $ | 300,000
Schedule of Securities Sold Under Repurchase Agreements [Table Text Block] |
The following securities were sold under agreements to repurchase: |
|  | December 31, 2017 |
|  | Amortized |  |  |  |  |  | Approximate |  | Weighted
|  | Cost of |  |  |  |  |  | Fair Value |  | Average
|  | Underlying |  |  | Balance of |  |  | of Underlying |  | Interest Rate
Underlying Securities |  | Securities |  |  | Borrowing |  |  | Securities |  | of Security
(In thousands) |  |  |
U.S. government-sponsored agencies | $ | 132,637 |  | $ | 127,801 |  | $ | 131,271 |  |  | 1.39 | %
Mortgage-backed securities |  | 222,325 |  |  | 172,199 |  |  | 218,852 |  |  | 2.29 | %
Total | $ | 354,962 |  | $ | 300,000 |  | $ | 350,123 |  |  |  |
Accrued interest receivable | $ | 1,060 |  |  |  |  |  |  |  |  |  |
|  | December 31, 2016 |
|  | Amortized |  |  |  |  |  | Approximate |  |  | Weighted |
|  | Cost of |  |  |  |  |  | Fair Value |  |  | Average |
|  | Underlying |  |  | Balance of |  |  | of Underlying |  |  | Interest Rate |
Underlying Securities |  | Securities |  |  | Borrowing |  |  | Securities |  |  | of Security |
(In thousands) |  |  |
U.S. government-sponsored agencies | $ | 126,205 |  | $ | 123,175 |  | $ | 125,417 |  |  | 1.30 | %
Mortgage-backed securities |  | 215,352 |  |  | 176,825 |  |  | 213,973 |  |  | 2.20 | %
Total | $ | 341,557 |  | $ | 300,000 |  | $ | 339,390 |  |  |  |
Accrued interest receivable | $ | 1,400 |  |  |  |  |  |  |  |  |  |
Repurchase Agreements Grouped by Counterparty [Table Text Block] |
Repurchase agreements as of December 31, 2017, grouped by counterparty, were as follows:
| (Dollars in thousands) |  |  |  |  | Weighted-Average
| Counterparty |  | Amount |  | Maturity (In Months)
| Citigroup Global Markets |  | $ | 100,000 |  | 1
| JP Morgan Chase |  |  | 200,000 |  | 49
|  |  | $ | 300,000 |  |

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- Definition Schedule of repurchase agreement counterparty. + References No definition available. + Details
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- Definition The entire disclosure for repurchase agreements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(m)(1)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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- Definition Tabular disclosure, as of the most recent balance sheet date, of securities or other assets sold under repurchase agreements when this amount exceeds 10 percent of total assets. Disclosure may include the following: the type of securities or assets sold under agreements to repurchase, the carrying amount, market value (including accrued interest plus any cash or other assets on deposit. The information is segregated into securities maturing (1) overnight; (2) term up to 30 days; (3) term of 30 to 90 days; (4) term over 90 days; (5) demand. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(m)(1)(i)(A)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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