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OTHER BORROWINGS | 12 Months Ended
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Dec. 31, 2017
OTHER BORROWINGS [Text Block] | N OTE 20 – O THER BORROWINGS Other borrowings, as of the indicated dates, consist of:
|  | December 31, |  | December 31,
(In thousands) | 2017 |  | 2016
Junior subordinated debentures due in 2034, |  |  |  |  |
interest-bearing at a floating rate of 2.75% |  |  |  |  |
over 3-month LIBOR (4.35% as of December 31, 2017 |  |  |  |  |
and 3.74% as of December 31, 2016) (1) | $ | 90,078 |  | $ | 97,630
Junior subordinated debentures due in 2034, |  |  |  |  |
interest-bearing at a floating rate of 2.50% |  |  |  |  |
over 3-month LIBOR (4.12% as of December 31, 2017 |  |  |  |  |
and 3.50% as of December 31, 2016) |  | 118,557 |  |  | 118,557
|  | $ | 208,635 |  | $ | 216,187
(1) | Refer to Note 16 - "Non-Consolidated Variable Interest Entities and Servicing Assets - Trust Preferred Securities" for additional information about the Corporation's repurchase and cancellation of $7.3 million of trust-preferred securities associated with these junior subordinated debentures.

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- Definition The entire disclosure for borrowings under subordinated debt agreements that qualify as available in computing net capital under SEC's uniform net capital rule, including restrictive covenants, collateral, interest rates and due dates, amounts due by date and amount owed in total. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6479118&loc=d3e64650-112822 + Details
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Period Type: | duration