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BORROWED FUNDS (Details) - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Borrowings and junior subordinated debentures    
Short-term borrowings $ 1,082,044 $ 1,071,200
Long-term borrowings 231,953 192,118
Total borrowings $ 1,313,997 $ 1,263,318
Weighted average rate on short-term borrowings (percent) 0.72% 0.43%
Weighted average rate on long-term borrowings (percent) 3.35% 3.88%
Weighted average interest rate (percent) 1.19% 0.96%
Advances from the FHLBB    
Borrowings and junior subordinated debentures    
Short-term borrowings $ 1,072,044 $ 1,071,200
Long-term borrowings $ 142,792 $ 103,135
Weighted average rate on short-term borrowings (percent) 0.71% 0.43%
Weighted average rate on long-term borrowings (percent) 1.53% 1.89%
Other Borrowings    
Borrowings and junior subordinated debentures    
Short-term borrowings $ 10,000 $ 0
Weighted average rate on short-term borrowings (percent) 2.42% 0.00%
Subordinated notes    
Borrowings and junior subordinated debentures    
Long-term borrowings $ 73,697 $ 73,519
Weighted average rate on long-term borrowings (percent) 7.00% 7.00%
Junior subordinated notes    
Borrowings and junior subordinated debentures    
Long-term borrowings $ 15,464 $ 15,464
Weighted average rate on long-term borrowings (percent) 2.77% 2.23%