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BORROWED FUNDS (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Borrowed Funds
Borrowed funds at December 31, 2018 and December 31, 2017 are summarized, as follows:
 
 
December 31, 2018
 
December 31, 2017
(in thousands, except ratios)
 
Amount
 
Weighted Average Rate
 
Amount
 
Weighted Average Rate
Short-term borrowings
 
 

 
 

 
 

 
 

Advances from the FHLB
 
$
611,683

 
2.47
%
 
$
608,792

 
1.49
%
Other borrowings
 
36,211

 
1.09

 
40,706

 
0.59

Total short-term borrowings
 
647,894

 
2.39

 
649,498

 
1.43

Long-term borrowings
 
 
 
 
 
 
 
 
Advances from the FHLB
 
32,929

 
1.86

 
137,190

 
1.72

Subordinated borrowings
 
37,973

 
5.58

 
38,033

 
4.88

Junior subordinated borrowings
 
5,000

 
5.96

 
5,000

 
4.89

Total long-term borrowings
 
75,902

 
3.99

 
180,223

 
2.47

Total
 
$
723,796

 
2.56
%
 
$
829,721

 
1.66
%
Summary of Maturities of FHLBB Advances
A summary of maturities of FHLB advances as of December 31, 2018 is as follows:
 
 
December 31, 2018
(in thousands, except rates)
 
Amount
 
Weighted
Average Rate
Fixed rate advances maturing:
 
 

 
 

2019
 
$
611,683

 
2.47
%
2020
 
29,956

 
1.87

2021
 
1,648

 
2.34

2022
 

 

2023
 
1,000

 

2024 and thereafter
 
325

 
3.97

Total FHLB advances
 
$
644,612

 
2.44
%