INVESTMENT SECURITIES - TRUST PREFERRED SECURITY (Details) - USD ($)
$ in Thousands |
3 Months Ended |
12 Months Ended |
Dec. 31, 2015 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Amortized cost and fair value of the investment securities portfolio by contractual maturity |
|
|
|
|
| Fair Value |
$ 517,058
|
$ 481,275
|
$ 517,058
|
|
| Amount of floating rate |
|
419,254
|
1,512,809
|
$ 876,854
|
| Private label mortgage backed security |
|
|
|
|
| Amortized cost and fair value of the investment securities portfolio by contractual maturity |
|
|
|
|
| Fair Value |
5,132
|
4,777
|
5,132
|
|
| Mortgage backed securities and CMOs |
|
|
|
|
| Amortized cost and fair value of the investment securities portfolio by contractual maturity |
|
|
|
|
| Gross unrealized losses on available for sale securities |
|
1,500
|
1,100
|
|
| Trust preferred security |
|
|
|
|
| Amortized cost and fair value of the investment securities portfolio by contractual maturity |
|
|
|
|
| Fair Value |
3,405
|
$ 3,200
|
$ 3,405
|
|
| Amount of floating rate |
$ 3,000
|
|
|
|
| Price as percentage of face value |
68.00%
|
|
|
|
| Weighted average yield (as a percent) |
4.27%
|
|
4.27%
|
|
| 3 Month London Interbank Offered Rate (LIBOR) | Trust preferred security |
|
|
|
|
| Amortized cost and fair value of the investment securities portfolio by contractual maturity |
|
|
|
|
| Interest rate - Basis Spread |
1.59%
|
|
1.59%
|
|