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BORROWED FUNDS (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Borrowed Funds
Borrowed funds at December 31, 2017 and December 31, 2016 are summarized, as follows:
 
 
December 31, 2017
 
December 31, 2016
(in thousands, except ratios)
 
Amount
 
Weighted
Average
Rate
 
Amount
 
Weighted
Average
Rate
Short-term borrowings
 
 

 
 

 
 

 
 

Advances from the FHLB
 
$
608,792

 
1.49
%
 
$
372,700

 
0.97
%
Other borrowings
 
40,706

 
0.59

 
21,780

 
0.29

Total short-term borrowings
 
649,498

 
1.43

 
394,480

 
0.93

Long-term borrowings
 
 
 
 
 
 
 
 
Advances from the FHLB
 
137,190

 
1.72

 
137,116

 
1.59

Subordinated borrowings
 
38,033

 
4.88

 

 

Junior subordinated borrowings
 
5,000

 
4.89

 
5,000

 
4.41

Total long-term borrowings
 
180,223

 
2.47

 
142,116

 
1.69

Total
 
$
829,721

 
1.66
%
 
$
536,596

 
1.13
%
Summary of Maturities of FHLBB Advances
A summary of maturities of FHLB advances as of December 31, 2017 is as follows:
 
 
December 31, 2017
(in thousands, except rates)
 
Amount
 
Weighted
Average Rate
Fixed rate advances maturing:
 
 

 
 

2018
 
$
608,792

 
1.49
%
2019
 
104,954

 
1.66

2020
 
29,920

 
1.87

2021
 
1,633

 
2.32

2022
 

 

2023 and thereafter
 
683

 
2.80

Total FHLB advances
 
$
745,982

 
1.53
%