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BORROWED FUNDS (Tables)
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Borrowed Funds

Borrowed funds at June 30, 2019 and December 31, 2018 are summarized, as follows:
 
 
June 30, 2019
 
December 31, 2018
 
 
 
 
Weighted
 
 
 
Weighted
 
 
 
 
Average
 
 
 
Average
(Dollars in thousands)
 
Principal
 
Rate
 
Principal
 
Rate
Short-term borrowings:
 
 

 
 

 
 

 
 

Advances from the FHLB
 
$
608,928

 
2.65
%
 
$
1,118,832

 
2.58
%
Total short-term borrowings:
 
608,928

 
2.65

 
1,118,832

 
2.58

Long-term borrowings:
 
 

 
 

 
 

 
 

Advances from the FHLB and other borrowings
 
295,886

 
2.36

 
309,466

 
2.17

Subordinated borrowings
 
74,143

 
7.00

 
74,054

 
7.00

Junior subordinated borrowing - Trust I
 
15,464

 
4.37

 
15,464

 
4.50

Junior subordinated borrowing - Trust II
 
7,320

 
4.11

 

 

Total long-term borrowings:
 
392,813

 
3.34

 
398,984

 
3.16

Total
 
$
1,001,741

 
2.92
%
 
$
1,517,816

 
2.73
%

Summary of Maturities of FHLBB Advances
A summary of maturities of FHLB advances as of June 30, 2019 is as follows:
 
 
June 30, 2019
 
 
 
 
Weighted Average
(In thousands, except rates)
 
Principal
 
Rate
Fixed rate advances maturing:
 
 

 
 

2019
 
$
640,219

 
2.59
%
2020
 
195,603

 
2.51

2021
 
31,476

 
2.49

2022
 
17,770

 
2.24

2023 and beyond
 
19,746

 
2.13

Total FHLB advances
 
$
904,814

 
2.55
%