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BORROWED FUNDS (Details) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Borrowings and junior subordinated debentures    
Short-term borrowings $ 125,000 $ 1,118,832
Long-term borrowings 702,550 398,984
Total borrowings $ 827,550 $ 1,517,816
Weighted average rate on short-term borrowings (percent) 2.06% 2.58%
Weighted average rate on long-term borrowings (percent) 2.72% 3.16%
Weighted average interest rate (percent) 2.62% 2.73%
Advances from the FHLBB    
Borrowings and junior subordinated debentures    
Short-term borrowings $ 125,000 $ 1,118,832
Long-term borrowings $ 605,501 $ 309,466
Weighted average rate on short-term borrowings (percent) 2.06% 2.58%
Weighted average rate on long-term borrowings (percent) 2.16% 2.17%
Subordinated notes    
Borrowings and junior subordinated debentures    
Long-term borrowings $ 74,232 $ 74,054
Weighted average rate on long-term borrowings (percent) 7.00% 7.00%
Junior subordinated borrowing - Trust I    
Borrowings and junior subordinated debentures    
Long-term borrowings $ 15,464 $ 15,464
Weighted average rate on long-term borrowings (percent) 3.76% 4.50%
Junior subordinated borrowing - Trust II    
Borrowings and junior subordinated debentures    
Long-term borrowings $ 7,353 $ 0
Weighted average rate on long-term borrowings (percent) 3.59% 0.00%