Central Pacific Financial (CPF) 10-Q 2 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 27, 2017
Document and Entity Information
Entity Registrant Name	CENTRAL PACIFIC FINANCIAL CORP
Entity Central Index Key	701,347
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		30,439,187

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 85,975	$ 75,272
Interest-bearing deposits in other banks	54,576	9,069
Investment securities:
Available-for-sale, at fair value	1,315,895	1,243,847
Held-to-maturity, at amortized cost; fair value of: $203,334 at June 30, 2017 and $214,366 at December 31, 2016	204,588	217,668
Total investment securities	1,520,483	1,461,515
Loans held for sale	13,288	31,881
Loans and leases	3,591,735	3,524,890
Allowance for loan and lease losses	(52,828)	(56,631)
Net loans and leases	3,538,907	3,468,259
Premises and equipment, net	49,252	48,258
Accrued interest receivable	15,636	15,675
Investment in unconsolidated subsidiaries	6,189	6,889
Other real estate owned	1,008	791
Mortgage servicing rights	15,932	15,779
Core deposit premium	3,343	4,680
Bank-owned life insurance	156,053	155,593
Federal Home Loan Bank stock	6,492	11,572
Other assets	66,001	79,003
Total Assets	5,533,135	5,384,236
Deposits:
Noninterest-bearing demand	1,383,754	1,265,246
Interest-bearing demand	917,956	862,991
Savings and money market	1,453,108	1,390,600
Time	1,131,564	1,089,364
Total deposits	4,886,382	4,608,201
Short-term borrowings	0	135,000
Long-term debt	92,785	92,785
Other liabilities	41,013	43,575
Total Liabilities	5,020,180	4,879,561
Equity
Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding: none at June 30, 2017 and December 31, 2016	0	0
Common stock, no par value, authorized 185,000,000 shares; issued and outstanding: 30,514,799 at June 30, 2017 and 30,796,243 at December 31, 2016	519,383	530,932
Surplus	84,592	84,180
Accumulated deficit	(94,269)	(108,941)
Accumulated other comprehensive income	3,224	(1,521)
Total Shareholders' Equity	512,930	504,650
Non-controlling interest	25	25
Total Equity	512,955	504,675
Total Liabilities and Equity	$ 5,533,135	$ 5,384,236

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Held to maturity, fair value (in dollars)	$ 203,334	$ 214,366
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, authorized shares	1,000,000	1,000,000
Preferred stock, issued shares	0	0
Preferred stock, outstanding shares	0	0
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, authorized shares	185,000,000	185,000,000
Common stock, issued shares	30,514,799	30,796,243
Common stock, outstanding shares	30,514,799	30,796,243

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest income:
Interest and fees on loans and leases	$ 35,531	$ 32,878	$ 70,488	$ 64,671
Interest and dividends on investment securities:
Taxable interest	8,481	7,953	16,616	16,349
Tax-exempt interest	974	995	1,953	1,991
Dividends	12	10	24	20
Interest on deposits in other banks	61	11	135	28
Dividends on Federal Home Loan Bank stock	21	23	77	60
Total interest income	45,080	41,870	89,293	83,119
Interest on deposits:
Demand	154	123	294	234
Savings and money market	259	269	516	532
Time	2,136	957	3,853	1,855
Interest on short-term borrowings	46	177	77	227
Interest on long-term debt	856	735	1,669	1,451
Total interest expense	3,451	2,261	6,409	4,299
Net interest income	41,629	39,609	82,884	78,820
Provision (credit) for loan and lease losses	(2,282)	(1,382)	(2,362)	(2,129)
Net interest income after credit for loan and lease losses	43,911	40,991	85,246	80,949
Other operating income:
Mortgage banking	1,957	1,423	3,900	2,663
Service charges on deposit accounts	2,120	1,908	4,156	3,872
Other service charges and fees	3,053	3,028	5,801	5,795
Income from fiduciary activities	964	857	1,828	1,697
Equity in earnings of unconsolidated subsidiaries	151	184	212	274
Fees on foreign exchange	130	126	293	274
Investment securities gains (losses)	(1,640)	0	(1,640)	0
Income from bank-owned life insurance	583	1,232	1,700	1,857
Loan placement fees	146	133	280	179
Net gain on sales of foreclosed assets	84	241	186	549
Other	322	805	1,168	1,433
Total other operating income	7,870	9,937	17,884	18,593
Other operating expense:
Salaries and employee benefits	17,983	17,850	35,370	34,787
Net occupancy	3,335	3,557	6,749	6,871
Equipment	967	769	1,809	1,580
Amortization of core deposit premium	669	668	1,337	1,337
Communication expense	891	919	1,791	1,878
Legal and professional services	1,987	1,723	3,779	3,336
Computer software expense	2,190	2,222	4,442	4,926
Advertising expense	390	433	782	1,067
Foreclosed asset expense	63	49	99	64
Other	3,860	4,270	7,637	7,980
Total other operating expense	32,335	32,460	63,795	63,826
Income before income taxes	19,446	18,468	39,335	35,716
Income tax expense	7,421	6,331	14,231	12,398
Net income	$ 12,025	$ 12,137	$ 25,104	$ 23,318
Per common share data:
Basic earnings per common share (in dollars per share)	$ 0.39	$ 0.39	$ 0.82	$ 0.75
Diluted earnings per common share (in dollars per share)	0.39	0.39	0.81	0.74
Cash dividends declared (in dollars per share)	$ 0.18	$ 0.14	$ 0.34	$ 0.28
Shares used in computation:
Basic shares (in shares)	30,568,247	31,060,593	30,641,165	31,162,013
Diluted shares (in shares)	30,803,725	31,262,525	30,879,923	31,359,568

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 12,025	$ 12,137	$ 25,104	$ 23,318
Other comprehensive income, net of tax:
Net change in unrealized gain on investment securities	2,795	5,866	4,919	17,719
Minimum pension liability adjustment	190	249	(174)	499
Total other comprehensive income, net of tax	2,985	6,115	4,745	18,218
Comprehensive income	$ 15,010	$ 18,252	$ 29,849	$ 41,536

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Common Shares Outstanding	Common Stock	Surplus	Accumulated Deficit	Accumulated Other Comprehensive Income	Non- Controlling Interest
Balance at beginning of period at Dec. 31, 2015	$ 494,639		$ 548,878	$ 82,847	$ (137,314)	$ 203	$ 25
Balance (in shares) at Dec. 31, 2015		31,361,452
Increase (Decrease) in Shareholders' Equity
Net income	23,318				23,318
Other comprehensive income	18,218					18,218
Cash dividends	(8,734)				(8,734)
Net shares of common stock sold by directors' deferred compensation plan	(99)		(99)
Shares of common stock repurchased and other related costs	$ (10,544)		(10,544)
Shares of common stock repurchased and other related costs (in shares)	(233,722)	(492,922)
Share-based compensation	$ 834		199	635
Share-based compensation (in shares)		168,365
Non-controlling interest	(16)						(16)
Balance at end of period at Jun. 30, 2016	517,616		538,434	83,482	(122,730)	18,421	9
Balance (in shares) at Jun. 30, 2016		31,036,895
Balance at beginning of period at Mar. 31, 2016						12,306
Increase (Decrease) in Shareholders' Equity
Net income	12,137
Other comprehensive income	6,115					6,115
Balance at end of period at Jun. 30, 2016	517,616		538,434	83,482	(122,730)	18,421	9
Balance (in shares) at Jun. 30, 2016		31,036,895
Balance at beginning of period at Dec. 31, 2016	$ 504,675		530,932	84,180	(108,941)	(1,521)	25
Balance (in shares) at Dec. 31, 2016	30,796,243	30,796,243
Increase (Decrease) in Shareholders' Equity
Net income	$ 25,104				25,104
Other comprehensive income	4,745					4,745
Cash dividends	(10,432)				(10,432)
Net shares of common stock sold by directors' deferred compensation plan	(341)		(341)
Shares of common stock repurchased and other related costs	$ (11,208)		(11,208)
Shares of common stock repurchased and other related costs (in shares)	(362,371)	(362,371)
Share-based compensation	$ 412		0	412			0
Share-based compensation (in shares)		80,927
Non-controlling interest	0						0
Balance at end of period at Jun. 30, 2017	$ 512,955		519,383	84,592	(94,269)	3,224	25
Balance (in shares) at Jun. 30, 2017	30,514,799	30,514,799
Balance at beginning of period at Mar. 31, 2017						239
Increase (Decrease) in Shareholders' Equity
Net income	$ 12,025
Other comprehensive income	2,985					2,985
Balance at end of period at Jun. 30, 2017	$ 512,955		$ 519,383	$ 84,592	$ (94,269)	$ 3,224	$ 25
Balance (in shares) at Jun. 30, 2017	30,514,799	30,514,799

CONSOLIDATED STATEMENTS OF CHA7

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - $ / shares	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Statement of Stockholders' Equity [Abstract]
Cash dividends (in dollars per share)	$ 0.34	$ 0.28
Common stock (purchased) sold by directors' deferred compensation plan (in net shares)	10,620	5,000
Shares of common stock repurchased	362,371	233,722

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income	$ 25,104	$ 23,318
Adjustments to reconcile net income to net cash provided by operating activities:
Provision (credit) for loan and lease losses	(2,362)	(2,129)
Depreciation and amortization	3,150	2,974
Write down of other real estate, net of gain on sale	(165)	(222)
Amortization of core deposit premium and mortgage servicing rights	2,404	4,601
Net amortization of investment securities	5,826	5,801
Share-based compensation	412	635
Net loss on investment securities	1,640	0
Net gain on sales of residential loans	(2,396)	(3,311)
Proceeds from sales of loans held for sale	168,624	193,848
Originations of loans held for sale	(147,635)	(186,349)
Equity in earnings of unconsolidated subsidiaries	(212)	(274)
Net increase in cash surrender value of bank-owned life insurance	(2,170)	(1,994)
Deferred income taxes	13,648	12,398
Net tax benefits from share-based compensation	583	0
Net change in other assets and liabilities	(8,279)	1,373
Net cash provided by operating activities	58,172	50,669
Cash flows from investing activities:
Proceeds from maturities of and calls on investment securities available for sale	86,372	81,894
Proceeds from sales of investment securities available for sale	96,019	0
Purchases of investment securities available for sale	(253,372)	(46,215)
Proceeds from maturities of and calls on investment securities held to maturity	12,715	13,289
Net loan proceeds (originations)	(17,715)	(115,771)
Purchases of loan portfolios	(50,725)	(77,702)
Proceeds from sale of other real estate	102	1,789
Proceeds from bank-owned life insurance	1,710	1,283
Purchases of premises and equipment	(4,144)	(2,183)
Net return of capital from unconsolidated subsidiaries	455	412
Contributions to unconsolidated subsidiaries	0	(5)
Net (purchases) proceeds from redemption of FHLB stock	5,080	(6,612)
Net cash used in investing activities	(123,503)	(149,821)
Cash flows from financing activities:
Net increase (decrease) in deposits	278,181	(28,297)
Net (decrease) increase in short-term borrowings	(135,000)	157,000
Cash dividends paid on common stock	(10,432)	(8,734)
Repurchases of common stock and other related costs	(11,208)	(10,544)
Net proceeds from issuance of common stock and stock option exercises	0	199
Net cash provided by financing activities	121,541	109,624
Net increase in cash and cash equivalents	56,210	10,472
Cash and cash equivalents at beginning of period	84,341	80,194
Cash and cash equivalents at end of period	140,551	90,666
Cash received during the period for:
Income taxes	5,461	3,986
Supplemental disclosure of non-cash investing and financing activities:	4,000	0
Transfer of Portfolio Loans and Leases to Other Real Estate	154	637
Cash received during the period for:
Income taxes	0	1,605
Supplemental disclosure of non-cash investing and financing activities:
Net change in common stock held by directors’ deferred compensation plan	$ 341	$ 99

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited consolidated financial statements of Central Pacific Financial Corp. and Subsidiaries (herein referred to as the "Company," "we," "us" or "our") have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. These interim condensed consolidated financial statements and notes should be read in conjunction with the Company's consolidated financial statements and notes thereto filed on Form 10-K for the fiscal year ended December 31, 2016 . In the opinion of management, all adjustments necessary for a fair presentation have been made and include all normal recurring adjustments. Interim results of operations are not necessarily indicative of results to be expected for the year. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. In December 2015, we acquired a 50% ownership interest in a mortgage loan origination and brokerage company, One Hawaii HomeLoans, LLC. The bank concluded that the investment meets the consolidation requirements under Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 810, "Consolidation." The bank concluded that the entity meets the definition of a variable interest entity and that we are the primary beneficiary of the variable interest entity. Accordingly, the investment has been consolidated into our financial statements. We have 50% ownership interests in four other mortgage loan origination and brokerage companies which are accounted for using the equity method and are included in investment in unconsolidated subsidiaries: Pacific Access Mortgage, LLC, Gentry HomeLoans, LLC, Haseko HomeLoans, LLC and Island Pacific HomeLoans, LLC. We also have non-controlling equity investments in affiliates that are accounted for under the cost method and are included in investment in unconsolidated subsidiaries. Our investments in unconsolidated subsidiaries accounted for under the equity and cost methods were $0.4 million and $5.8 million , respectively, at June 30, 2017 and $0.7 million and $6.2 million , respectively, at December 31, 2016 . Our policy for determining impairment of these investments includes an evaluation of whether a loss in value of an investment is other than temporary. Evidence of a loss in value includes absence of an ability to recover the carrying amount of the investment or the inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment. We perform impairment tests whenever indicators of impairment are present. If the value of an investment declines and it is considered other than temporary, the investment is written down to its respective fair value in the period in which this determination is made. The Company sponsors the Central Pacific Bank Foundation, which is not consolidated in the Company's financial statements. Consolidated Statements of Income Reclassification On December 31, 2016, the Company elected to reclassify loan servicing fees, amortization of mortgage servicing rights, net gain on sale of residential mortgage loans, and unrealized gain (loss) on interest rate locks into a single line item called "mortgage banking income" in the Company's consolidated statements of income. Loan servicing fees and net gain on sale of residential mortgage loans were previously recorded in its own line in the other operating income section of the consolidated statements of income, while unrealized gain (loss) on interest rate locks was included as a component of other operating income - other. The amortization of mortgage servicing rights was previously recorded as a component of amortization and impairment of other intangible assets in the other operating expense section of the Company's consolidated statements of income. The components of mortgage banking income are disclosed in Note 12 - Mortgage Banking Income to the consolidated financial statements. The Company believes the reclassification provides a better presentation of revenues and costs of our mortgage banking activities. Prior year comparative financial statements have been adjusted retrospectively.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2017
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS In March 2016, the FASB issued ASU 2016-09, "Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting." ASU 2016-09 simplifies the accounting for share-based payments. Specifically, the amendments: 1) require entities to record all excess tax benefits and tax deficiencies as an income tax benefit or expense in the income statement; 2) change the classification of excess tax benefits to an operating activity in the statement of cash flows; 3) allows entities to elect an accounting policy to either estimate the number of forfeitures or account for forfeitures when they occur; and 4) allows entities to withhold up to the maximum individual statutory tax rate without classifying the awards as a liability. We adopted ASU 2016-09 effective January 1, 2017 and elected to recognize forfeitures as they occur. The Company’s adoption was prospective, therefore, prior periods have not been adjusted. The adoption of ASU 2016-09 could result in greater volatility to reported income tax expense related to excess tax benefits and tax deficiencies for employee share-based payments. The volatility results from changes in the share price and timing of exercise of share options and vesting of share awards. For the six months ended June 30, 2017 , the adoption of ASU 2016-09 resulted in a decrease to the provision for income taxes due to the tax benefit from the vesting of restricted stock units. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)." ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. This ASU will replace most existing revenue recognition guidance in GAAP when it becomes effective. ASU 2014-09 was initially effective for the Company's reporting period beginning on January 1, 2017. However, in August 2015, the FASB issued ASU 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date" which defers the effective date by one year. For financial reporting purposes, the standard allows for either a full retrospective or modified retrospective adoption. The FASB has also issued additional updates to provide further clarification to specific implementation issues associated with ASU 2014-09. These updates include ASU 2016-08, "Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations," ASU 2016-10, "Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing," ASU 2016-12, "Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients," and ASU 2016-20 "Technical Corrections and Improvements to Topic 606." Our revenue is comprised of net interest income on financial assets and financial liabilities, which is explicitly excluded from the scope of of ASU 2014-09, and other operating income. We expect that ASU 2014-09 may require us to change how we recognize certain recurring revenue streams; however, we do not expect these changes to have a material impact on our financial statements. We continue to evaluate the impact of ASU 2014-09 on components of other operating income. This includes reviewing the contracts potentially impacted by the ASU in revenue streams such as trust and asset management fees, deposit related fees, and commissions income. Additionally, we continue to follow implementation issues relevant to the banking industry, and consider the disclosure requirements upon implementation. We expect to adopt the standard beginning January 1, 2018 under the modified retrospective approach with a cumulative effect adjustment to opening retained earnings, if such adjustment is deemed to be significant. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities . " ASU 2016-01 changes the income statement impact of equity investments, and the recognition of changes in fair value of financial liabilities when the fair value option is selected. ASU 2016-01 is effective for the Company's reporting period beginning January 1, 2018. We do not expect the adoption of this guidance to have a material impact on our consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842) . " ASU 2016-02 increases transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The new standard establishes a right-of-use model (ROU) that requires a lessee to recognize a ROU asset and lease liability on the balance sheet for all leases with a term of longer than 12 months. ASU 2016-02 is effective for the Company's reporting period beginning January 1, 2019 and must be applied using the modified retrospective approach. Based on preliminary evaluation, the new pronouncement will not have a material impact on our consolidated financial statements as the projected minimum lease payments under existing leases subject to the new pronouncement are less than one percent of our current total assets as of December 31, 2016 . In June 2016, the FASB issued ASU 2016-13, "Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments." The ASU requires an organization to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. Additionally, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. This update will be effective for the Company's reporting period beginning January 1, 2020. We are currently evaluating the potential impact the update will have on our consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments." ASU 2016-15 provides guidance on eight statement of cash flow classification issues and is intended to reduce the current and future diversity in practice described in the amendments. Current GAAP is either unclear or does not include specific guidance on the eight statement of cash flow classification issues included in ASU 2016-15. ASU 2016-15 is effective for the Company's reporting period beginning January 1, 2018. Early adoption is permitted, provided that all of the amendments are adopted in the same period. We do not plan to early adopt ASU 2016-15. The amendments in ASU 2016-15 should be applied using a retrospective transition method to each period presented. If it is impracticable to apply the amendments retrospectively for some of the issues, the amendments for those issues would be applied prospectively as of the earliest date practicable. Among other things, the update clarifies the appropriate classification for proceeds from settlement of bank owned life insurance ("BOLI") policies. Based on preliminary evaluation, our current practice is consistent with the update and we thus do not expect the update to have a reclassification impact. Additionally, we do not expect other changes in classification resulting from this update to be significant.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	3. INVESTMENT SECURITIES A summary of held-to-maturity and available-for-sale investment securities are as follows: (dollars in thousands) Amortized Gross Gross Fair June 30, 2017 Held-to-Maturity: Mortgage-backed securities: Residential - U.S. Government-sponsored entities $ 112,053 $ 110 $ (1,839 ) $ 110,324 Commercial - U.S. Government-sponsored entities 92,535 475 — 93,010 Total $ 204,588 $ 585 $ (1,839 ) $ 203,334 Available-for-Sale: Debt securities: States and political subdivisions $ 182,853 $ 3,350 $ (521 ) $ 185,682 Corporate securities 92,827 1,325 (80 ) 94,072 U.S. Treasury obligations and direct obligations of U.S Government agencies 26,395 114 (3 ) 26,506 Mortgage-backed securities: Residential - U.S. Government-sponsored entities 791,720 3,526 (6,908 ) 788,338 Commercial - U.S. Government agencies and sponsored entities 32,659 73 (184 ) 32,548 Residential - Non-government agencies 48,420 773 (239 ) 48,954 Commercial - Non-government agencies 135,153 3,945 (112 ) 138,986 Other 694 115 — 809 Total $ 1,310,721 $ 13,221 $ (8,047 ) $ 1,315,895 (dollars in thousands) Amortized Gross Gross Fair December 31, 2016 Held-to-Maturity: Mortgage-backed securities: Residential - U.S. Government-sponsored entities $ 124,082 $ 92 $ (2,474 ) $ 121,700 Commercial - U.S. Government-sponsored entities 93,586 — (920 ) 92,666 Total $ 217,668 $ 92 $ (3,394 ) $ 214,366 Available-for-Sale: Debt securities: States and political subdivisions $ 184,836 $ 2,002 $ (1,797 ) $ 185,041 Corporate securities 98,596 974 (181 ) 99,389 Mortgage-backed securities: Residential - U.S. Government-sponsored entities 775,803 3,698 (9,515 ) 769,986 Residential - Non-government agencies 51,681 627 (761 ) 51,547 Commercial - Non-government agencies 135,248 2,387 (411 ) 137,224 Other 564 96 — 660 Total $ 1,246,728 $ 9,784 $ (12,665 ) $ 1,243,847 The amortized cost and estimated fair value of investment securities at June 30, 2017 by contractual maturity are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. June 30, 2017 (dollars in thousands) Amortized Cost Fair Value Held-to-Maturity: Mortgage-backed securities: Residential - U.S. Government-sponsored entities $ 112,053 $ 110,324 Commercial - U.S. Government-sponsored entities 92,535 93,010 Total $ 204,588 $ 203,334 Available-for-Sale: Due in one year or less $ 8,807 $ 8,866 Due after one year through five years 144,860 146,731 Due after five years through ten years 53,401 54,410 Due after ten years 95,007 96,253 Mortgage-backed securities: Residential - U.S. Government-sponsored entities 791,720 788,338 Commercial - U.S. Government agencies and sponsored entities 32,659 32,548 Residential - Non-government agencies 48,420 48,954 Commercial - Non-government agencies 135,153 138,986 Other 694 809 Total $ 1,310,721 $ 1,315,895 In the second quarter of 2017, we completed an investment portfolio repositioning strategy designed to enhance potential prospective earnings and improve net interest margin. In connection with the repositioning, we sold $97.7 million in lower-yielding available-for-sale securities, and purchased $97.4 million in higher yielding, longer duration investment securities. The investment securities sold had a duration of 3.3 and an average yield of 1.91% . Gross proceeds of the sale of $96.0 million were immediately reinvested back into investment securities with a duration of 4.6 and an average yield of 2.57% . The new securities were classified in the available-for-sale portfolio. There were no gross realized gains on the sale of the investment securities. Gross realized losses on the sale of the investment securities were $1.6 million . The specific identification method was used as the basis for determining the cost of all securities sold. We did not sell any available-for-sale securities during the three months ended March 31, 2017. We also did not sell any available-for-sale securities during the six months ended June 30, 2016 . Investment securities of $1.02 billion and $1.05 billion at June 30, 2017 and December 31, 2016 , respectively, were pledged to secure public funds on deposit and other long-term debt and short-term borrowings. Provided below is a summary of the 138 and 242 investment securities which were in an unrealized loss position at June 30, 2017 and December 31, 2016 , respectively, segregated by continuous length of impairment. Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized June 30, 2017 Debt securities: States and political subdivisions $ 38,303 $ (497 ) $ 1,126 $ (24 ) $ 39,429 $ (521 ) Corporate securities — — 5,353 (80 ) 5,353 (80 ) U.S. Treasury obligations and direct obligations of U.S Government agencies 3,380 (3 ) — — 3,380 (3 ) Mortgage-backed securities: Residential - U.S. Government-sponsored entities 547,203 (8,383 ) 10,747 (364 ) 557,950 (8,747 ) Residential - Non-government agencies 10,506 (239 ) — — 10,506 (239 ) Commercial - U.S. Government agencies and sponsored entities 11,548 (184 ) — — 11,548 (184 ) Commercial - Non-government agencies 9,498 (112 ) — — 9,498 (112 ) Total temporarily impaired securities $ 620,438 $ (9,418 ) $ 17,226 $ (468 ) $ 637,664 $ (9,886 ) Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2016 Debt securities: States and political subdivisions $ 85,288 $ (1,797 ) $ — $ — $ 85,288 $ (1,797 ) Corporate securities 20,357 (181 ) — — 20,357 (181 ) Mortgage-backed securities: Residential - U.S. Government-sponsored entities 648,923 (11,766 ) 3,978 (223 ) 652,901 (11,989 ) Residential - Non-government agencies 30,596 (761 ) — — 30,596 (761 ) Commercial - U.S. Government-sponsored entities 92,666 (920 ) — — 92,666 (920 ) Commercial - Non-government agencies 52,880 (411 ) — — 52,880 (411 ) Total temporarily impaired securities $ 930,710 $ (15,836 ) $ 3,978 $ (223 ) $ 934,688 $ (16,059 ) Other-Than-Temporary Impairment ("OTTI") Unrealized losses for all investment securities are reviewed to determine whether the losses are deemed "other-than-temporary." Investment securities are evaluated for OTTI on at least a quarterly basis and more frequently when economic or market conditions warrant such an evaluation to determine whether a decline in their value below amortized cost is other-than-temporary. In conducting this assessment, we evaluate a number of factors including, but not limited to: • The length of time and the extent to which fair value has been less than the amortized cost basis; • Adverse conditions specifically related to the security, an industry, or a geographic area; • The historical and implied volatility of the fair value of the security; • The payment structure of the debt security and the likelihood of the issuer being able to make payments; • Failure of the issuer to make scheduled interest or principal payments; • Any rating changes by a rating agency; and • Recoveries or additional declines in fair value subsequent to the balance sheet date. The term "other-than-temporary" is not intended to indicate that the decline is permanent, but indicates that the prospects for a near-term recovery of value are not necessarily favorable, or that there is a general lack of evidence to support a realizable value equal to or greater than the carrying value of the investment. Once a decline in value is determined to be other-than-temporary, the value of the security is reduced and a corresponding charge to earnings is recognized for anticipated credit losses. Because we have no intent to sell securities in an unrealized loss position and it is not more likely than not that we will be required to sell such securities before recovery of its amortized cost basis, we do not consider our investments to be other-than-temporarily impaired.

LOANS AND LEASES

LOANS AND LEASES	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
LOANS AND LEASES	4. LOANS AND LEASES Loans and leases, excluding loans held for sale, consisted of the following: (dollars in thousands) June 30, 2017 December 31, 2016 Commercial, financial and agricultural $ 499,693 $ 509,987 Real estate: Construction 94,324 101,729 Residential mortgage 1,246,159 1,213,983 Home equity 394,721 361,210 Commercial mortgage 896,221 886,615 Consumer: Automobiles 256,858 212,926 Other consumer 201,392 235,684 Leases 523 677 Gross loans and leases 3,589,891 3,522,811 Net deferred costs 1,844 2,079 Total loans and leases, net of deferred costs $ 3,591,735 $ 3,524,890 During the six months ended June 30, 2017 , we foreclosed on one loan totaling $0.1 million . We did not transfer any loans to the held-for-sale category. In addition, we did not sell any portfolio loans during the six months ended June 30, 2017 . During the six months ended June 30, 2016 , we foreclosed on one portfolio loan totaling $0.5 million . We did not transfer any loans to the held-for-sale category. In addition, we did not sell any portfolio loans during the six months ended June 30, 2016 . In May 2017 , we purchased an indirect auto loan portfolio totaling $26.6 million which included a $0.9 million premium over the $25.7 million outstanding balance. At the time of purchase, the auto loans had a weighted average remaining term of 77 months and a weighted average yield, net of the premium paid and servicing costs, of 2.67% . In March 2017 , we purchased a direct auto loan portfolio totaling $24.1 million which included a $0.4 million premium over the $23.8 million outstanding balance. At the time of purchase, the auto loans had a weighted average remaining term of 55 months and a weighted average yield, net of the premium paid and servicing costs, of 2.60% . In May 2016 , we purchased an indirect auto loan portfolio totaling $18.0 million which included a $0.5 million premium over the $17.5 million outstanding balance. At the time of purchase, the auto loans had a weighted average remaining term of 75 months and a weighted average yield, net of the premium paid and servicing costs, of 2.50% . During the second quarter of 2016, we also purchased unsecured consumer loans totaling $6.9 million , which represented the outstanding balance at the time of purchases. At the time of purchases, the unsecured consumer loans had a weighted average remaining term of 37 months and a weighted average yield net of servicing costs of 5.57% . In March 2016 , we purchased a direct auto loan portfolio totaling $23.2 million which included a $0.3 million premium over the $22.9 million outstanding balance. At the time of purchase, the auto loans had a weighted average remaining term of 56 months and a weighted average yield, net of the premium paid and servicing costs, of 2.63% . During the first quarter of 2016, we also purchased unsecured consumer loans totaling $28.8 million , which represented the outstanding balance at the time of purchases. At the time of purchases, the unsecured consumer loans had a weighted average remaining term of 38 months and a weighted average yield net of servicing costs of 5.55% . Impaired Loans The following tables present by class, the balance in the allowance for loan and lease losses (the "Allowance") and the recorded investment in loans and leases based on the Company's impairment measurement method as of June 30, 2017 and December 31, 2016 : Real Estate (dollars in thousands) Comml, Fin & Ag Constr Resi Mortgage Home Equity Comml Mortgage Consumer - Auto Consumer - Other Leases Total June 30, 2017 Allowance: Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 8,598 3,212 14,034 3,370 18,184 2,780 2,650 — 52,828 Total ending balance $ 8,598 $ 3,212 $ 14,034 $ 3,370 $ 18,184 $ 2,780 $ 2,650 $ — $ 52,828 Loans and leases: Individually evaluated for impairment $ 1,265 $ 2,757 $ 17,225 $ 1,509 $ 5,302 $ — $ — $ — $ 28,058 Collectively evaluated for impairment 498,428 91,567 1,228,934 393,212 890,919 256,858 201,392 523 3,561,833 Subtotal 499,693 94,324 1,246,159 394,721 896,221 256,858 201,392 523 3,589,891 Net deferred costs (income) 199 (487 ) 3,458 (1 ) (1,209 ) — (116 ) — 1,844 Total loans and leases, net of deferred costs (income) $ 499,892 $ 93,837 $ 1,249,617 $ 394,720 $ 895,012 $ 256,858 $ 201,276 $ 523 $ 3,591,735 Real Estate (dollars in thousands) Comml, Fin & Ag Constr Resi Mortgage Home Equity Comml Mortgage Consumer - Auto Consumer - Other Leases Total December 31, 2016 Allowance: Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 8,637 4,224 15,055 3,502 19,104 3,000 3,109 — 56,631 Total ending balance $ 8,637 $ 4,224 $ 15,055 $ 3,502 $ 19,104 $ 3,000 3,109 $ — $ 56,631 Loans and leases: Individually evaluated for impairment $ 1,877 $ 2,936 $ 19,940 $ 333 $ 5,637 $ — $ — $ — $ 30,723 Collectively evaluated for impairment 508,110 98,793 1,194,043 360,877 880,978 212,926 235,684 677 3,492,088 Subtotal 509,987 101,729 1,213,983 361,210 886,615 212,926 235,684 677 3,522,811 Net deferred costs (income) 453 (191 ) 3,251 (1 ) (1,176 ) — (257 ) — 2,079 Total loans and leases, net of deferred costs (income) $ 510,440 $ 101,538 $ 1,217,234 $ 361,209 $ 885,439 $ 212,926 235,427 $ 677 $ 3,524,890 There were no impaired loans with an allowance recorded as of June 30, 2017 and December 31, 2016 . The following table presents by class, information related to impaired loans as of June 30, 2017 and December 31, 2016 : June 30, 2017 December 31, 2016 Unpaid Recorded Allowance Unpaid Recorded Allowance (dollars in thousands) Impaired loans with no related Allowance recorded: Commercial, financial & agricultural $ 1,376 $ 1,265 $ — $ 1,988 $ 1,877 $ — Real estate: Construction 8,107 2,757 — 9,056 2,936 — Residential mortgage 18,284 17,225 — 21,568 19,940 — Home equity 1,509 1,509 — 333 333 — Commercial mortgage 5,302 5,302 — 5,637 5,637 — Total impaired loans $ 34,578 $ 28,058 $ — $ 38,582 $ 30,723 $ — The following table presents by class, the average recorded investment and interest income recognized on impaired loans for the three and six months ended June 30, 2017 and 2016 : Three Months Ended Six Months Ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (dollars in thousands) Average Interest Average Interest Average Interest Average Interest Commercial, financial & agricultural $ 1,291 $ 4 $ 2,176 $ 10 $ 1,624 $ 4 $ 1,799 $ 10 Real estate: Construction 2,783 24 3,917 34 2,841 48 3,982 70 Residential mortgage 17,658 1,070 22,718 9 18,597 1,167 22,235 7 Home equity 1,482 1 723 — 1,310 1 639 — Commercial mortgage 5,346 46 8,786 37 5,445 93 9,463 71 Total $ 28,560 $ 1,145 $ 38,320 $ 90 $ 29,817 $ 1,313 $ 38,118 $ 158 Foreclosure Proceedings The Company had $1.3 million and $0.3 million of residential mortgage loans collateralized by residential real estate property that were in the process of foreclosure at June 30, 2017 and December 31, 2016 , respectively. Aging Analysis of Accruing and Non-Accruing Loans and Leases For all loan types, the Company determines delinquency status by considering the number of days full payments required by the contractual terms of the loan are past due. The following tables present by class, the aging of the recorded investment in past due loans and leases as of June 30, 2017 and December 31, 2016 : (dollars in thousands) Accruing Accruing Accruing Nonaccrual Total Loans and Total June 30, 2017 Commercial, financial & agricultural $ 225 $ 53 $ — $ 1,000 $ 1,278 $ 498,614 $ 499,892 Real estate: Construction — — — — — 93,837 93,837 Residential mortgage — 1,887 — 4,691 6,578 1,243,039 1,249,617 Home equity 216 183 — 1,509 1,908 392,812 394,720 Commercial mortgage 83 — — 834 917 894,095 895,012 Consumer: Automobiles 972 244 130 — 1,346 255,512 256,858 Other consumer 708 368 123 — 1,199 200,077 201,276 Leases — — — — — 523 523 Total $ 2,204 $ 2,735 $ 253 $ 8,034 $ 13,226 $ 3,578,509 $ 3,591,735 (dollars in thousands) Accruing Accruing Accruing Nonaccrual Total Loans and Total December 31, 2016 Commercial, financial & agricultural $ 761 $ 80 $ — $ 1,877 $ 2,718 $ 507,722 $ 510,440 Real estate: Construction — — — — — 101,538 101,538 Residential mortgage 5,014 478 — 5,322 10,814 1,206,420 1,217,234 Home equity 43 280 1,120 333 1,776 359,433 361,209 Commercial mortgage 127 — — 864 991 884,448 885,439 Consumer: Automobiles 743 353 208 — 1,304 211,622 212,926 Other consumer 639 272 63 — 974 234,453 235,427 Leases — — — — — 677 677 Total $ 7,327 $ 1,463 $ 1,391 $ 8,396 $ 18,577 $ 3,506,313 $ 3,524,890 Modifications Troubled debt restructurings ("TDRs") included in nonperforming assets at June 30, 2017 totaled $3.8 million and consisted of 12 Hawaii residential mortgage loans with a combined principal balance of $2.8 million and two Hawaii commercial, financial and agricultural loans with a combined principal balance of $1.0 million . Concessions made to the original contractual terms of these loans consisted primarily of the deferral of interest and/or principal payments due to deterioration in the borrowers' financial condition. The principal balances on these TDRs had matured and/or were in default at the time of restructure and we have no commitments to lend additional funds to any of these borrowers. There were $14.2 million of TDRs still accruing interest at June 30, 2017 , none of which were more than 90 days delinquent. At December 31, 2016 , there were $20.3 million of TDRs still accruing interest, none of which were more than 90 days delinquent. Some loans modified in a TDR may already be on nonaccrual status and partial charge-offs may have already been taken against the outstanding loan balance. Thus, these loans have already been identified as impaired and have already been evaluated under the Company's allowance for loan and lease losses (the "Allowance") methodology. Loans that were not on nonaccrual status when modified in a TDR may have the financial effect of increasing the specific allowance associated with the loan. The loans modified in a TDR did not have a material effect on our provision for loan and lease losses (the "Provision") and the Allowance during the three and six months ended June 30, 2017 . The following table presents by class, information related to loans modified in a TDR during the period presented. No loans were modified in a TDR during the three months ended June 30, 2017 or the three and six months ended June 30, 2016 . (dollars in thousands) Number of Recorded Increase in the Six Months Ended June 30, 2017 Commercial, financial & agricultural 1 653 — No loans were modified as a TDR within the previous twelve months that subsequently defaulted during the three and six months ended June 30, 2017 and 2016 . Credit Quality Indicators The Company categorizes loans and leases into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans and leases individually by classifying the loans and leases as to credit risk. This analysis includes non-homogeneous loans and leases, such as commercial and commercial real estate loans. This analysis is performed on a quarterly basis. The Company uses the following definitions for risk ratings: Special Mention. Loans and leases classified as special mention, while still adequately protected by the borrower's capital adequacy and payment capability, exhibit distinct weakening trends and/or elevated levels of exposure to external conditions. If left unchecked or uncorrected, these potential weaknesses may result in deteriorated prospects of repayment. These exposures require management's close attention so as to avoid becoming undue or unwarranted credit exposures. Substandard. Loans and leases classified as substandard are inadequately protected by the borrower's current financial condition and payment capability or of the collateral pledged, if any. Loans and leases so classified have a well-defined weakness or weaknesses that jeopardize the orderly repayment of debt. They are characterized by the distinct possibility that the bank will sustain some loss if the deficiencies are not corrected. Doubtful. Loans and leases classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or orderly repayment in full, on the basis of current existing facts, conditions and values, highly questionable and improbable. Possibility of loss is extremely high, but because of certain important and reasonably specific factors that may work to the advantage and strengthening of the exposure, its classification as an estimated loss is deferred until its more exact status may be determined. Loss. Loans and leases classified as loss are considered to be non-collectible and of such little value that their continuance as bankable assets is not warranted. This does not mean the loan has absolutely no recovery value, but rather it is neither practical nor desirable to defer writing off the loan, even though partial recovery may be obtained in the future. Losses are taken in the period in which they surface as uncollectible. Loans and leases not meeting the criteria above are considered to be pass-rated. The following table presents by class and credit indicator, the recorded investment in the Company's loans and leases as of June 30, 2017 and December 31, 2016 : (dollars in thousands) Pass Special Substandard Loss Subtotal Net Total June 30, 2017 Commercial, financial & agricultural $ 475,393 $ 2,106 $ 22,194 $ — $ 499,693 $ 199 $ 499,892 Real estate: Construction 83,720 10,604 — — 94,324 (487 ) 93,837 Residential mortgage 1,241,362 — 4,797 — 1,246,159 3,458 1,249,617 Home equity 393,212 — 1,509 — 394,721 (1 ) 394,720 Commercial mortgage 861,699 22,622 11,900 — 896,221 (1,209 ) 895,012 Consumer: Automobiles 256,728 — 66 64 256,858 — 256,858 Other consumer 201,202 — 190 — 201,392 (116 ) 201,276 Leases 523 — — — 523 — 523 Total $ 3,513,839 $ 35,332 $ 40,656 $ 64 $ 3,589,891 $ 1,844 $ 3,591,735 (dollars in thousands) Pass Special Substandard Loss Subtotal Net Total December 31, 2016 Commercial, financial & agricultural $ 502,305 $ 2,632 $ 5,050 $ — $ 509,987 $ 453 $ 510,440 Real estate: Construction 91,812 9,896 21 — 101,729 (191 ) 101,538 Residential mortgage 1,208,552 109 5,322 — 1,213,983 3,251 1,217,234 Home equity 359,757 — 1,453 — 361,210 (1 ) 361,209 Commercial mortgage 852,872 18,845 14,898 — 886,615 (1,176 ) 885,439 Consumer: Automobiles 212,718 — 50 158 212,926 — 212,926 Other consumer 235,544 — 140 — 235,684 (257 ) 235,427 Leases 677 — — — 677 — 677 Total $ 3,464,237 $ 31,482 $ 26,934 $ 158 $ 3,522,811 $ 2,079 $ 3,524,890 In accordance with applicable Interagency Guidance issued by our primary bank regulators, we define subprime borrowers as typically having weakened credit histories that include payment delinquencies and possibly more severe problems such as charge-offs, judgments, and bankruptcies. They may also display reduced repayment capacity as measured by credit scores, debt-to-income ratios, or other criteria that may encompass borrowers with incomplete credit histories. Subprime loans are loans to borrowers displaying one or more of these characteristics at the time of origination or purchase. Such loans have a higher risk of default than loans to prime borrowers. At June 30, 2017 and December 31, 2016 , we did not have any loans that we considered to be subprime.

ALLOWANCE FOR LOAN AND LEASE LO

ALLOWANCE FOR LOAN AND LEASE LOSSES	6 Months Ended
	Jun. 30, 2017
ALLOWANCE FOR LOAN AND LEASE LOSSES
ALLOWANCE FOR LOAN AND LEASE LOSSES	5. ALLOWANCE FOR LOAN AND LEASE LOSSES The following table presents by class, the activity in the Allowance for the periods indicated: Real Estate Commercial, Construction Residential Mortgage Home Equity Commercial Mortgage Consumer - Auto Consumer - Other Leases Unallocated Total (dollars in thousands) Three Months Ended June 30, 2017 Beginning balance $ 8,346 $ 3,718 $ 14,892 $ 3,425 $ 19,187 $ 2,976 $ 2,825 $ — $ — $ 55,369 Provision (credit) for loan and lease losses 353 (562 ) (1,495 ) (82 ) (1,131 ) (128 ) 763 — — (2,282 ) 8,699 3,156 13,397 3,343 18,056 2,848 3,588 — — 53,087 Charge-offs 337 — — — — 352 1,118 — — 1,807 Recoveries 236 56 637 27 128 284 180 — — 1,548 Net charge-offs (recoveries) 101 (56 ) (637 ) (27 ) (128 ) 68 938 — — 259 Ending balance $ 8,598 $ 3,212 $ 14,034 $ 3,370 $ 18,184 $ 2,780 $ 2,650 $ — $ — $ 52,828 Three Months Ended June 30, 2016 Beginning balance $ 7,000 $ 4,128 $ 14,696 $ 3,309 $ 25,173 $ 2,723 $ 3,120 $ — $ 2,000 $ 62,149 Provision (credit) for loan and lease losses (3,006 ) (314 ) (677 ) 133 2,261 (158 ) 379 — — (1,382 ) 3,994 3,814 14,019 3,442 27,434 2,565 3,499 — 2,000 60,767 Charge-offs 272 — — — — 358 777 — — 1,407 Recoveries 720 9 173 4 14 366 118 — — 1,404 Net charge-offs (recoveries) (448 ) (9 ) (173 ) (4 ) (14 ) (8 ) 659 — — 3 Ending balance $ 4,442 $ 3,823 $ 14,192 $ 3,446 $ 27,448 $ 2,573 $ 2,840 $ — $ 2,000 $ 60,764 Real Estate Commercial, Construction Residential Mortgage Home Equity Commercial Mortgage Consumer - Auto Consumer - Other Leases Unallocated Total (dollars in thousands) Six Months Ended June 30, 2017 Beginning balance $ 8,637 $ 4,224 $ 15,055 $ 3,502 $ 19,104 $ 3,000 $ 3,109 $ — $ — $ 56,631 Provision (credit) for loan and lease losses 287 (1,089 ) (1,754 ) (161 ) (1,059 ) 174 1,240 — — (2,362 ) 8,924 3,135 13,301 3,341 18,045 3,174 4,349 — — 54,269 Charge-offs 837 — — — — 872 2,095 — — 3,804 Recoveries 511 77 733 29 139 478 396 — — 2,363 Net charge-offs (recoveries) 326 (77 ) (733 ) (29 ) (139 ) 394 1,699 — — 1,441 Ending balance $ 8,598 $ 3,212 $ 14,034 $ 3,370 $ 18,184 $ 2,780 $ 2,650 $ — $ — $ 52,828 Six Months Ended June 30, 2016 Beginning balance $ 6,905 $ 8,454 $ 14,642 $ 3,096 $ 21,847 $ 2,891 $ 3,339 $ — $ 2,140 $ 63,314 Provision (credit) for loan and lease losses (2,908 ) (4,649 ) (656 ) 342 5,574 (139 ) 447 — (140 ) (2,129 ) 3,997 3,805 13,986 3,438 27,421 2,752 3,786 — 2,000 61,185 Charge-offs 624 — — — — 738 1,509 — — 2,871 Recoveries 1,069 18 206 8 27 559 563 — — 2,450 Net charge-offs (recoveries) (445 ) (18 ) (206 ) (8 ) (27 ) 179 946 — — 421 Ending balance $ 4,442 $ 3,823 $ 14,192 $ 3,446 $ 27,448 $ 2,573 $ 2,840 $ — $ 2,000 $ 60,764 Loans held for sale and other real estate assets are not included in our assessment of the Allowance. Our Provision was a credit of $2.3 million and $2.4 million in the three and six months ended June 30, 2017 , compared to a credit of $1.4 million and $2.1 million in the three and six months ended June 30, 2016 . In determining the amount of our Allowance, we rely on an analysis of our loan portfolio, our experience and our evaluation of general economic conditions, as well as regulatory requirements and input. If our assumptions prove to be incorrect, our current Allowance may not be sufficient to cover future loan losses and we may experience significant increases to our Provision.

SECURITIZATIONS

SECURITIZATIONS	6 Months Ended
	Jun. 30, 2017
Transfers and Servicing [Abstract]
SECURITIZATIONS	6. SECURITIZATIONS In prior years, we securitized certain residential mortgage loans with a U.S. Government sponsored entity and continue to service the residential mortgage loans. The servicing assets were recorded at their respective fair values at the time of securitization. All unsold mortgage-backed securities from prior securitizations were categorized as available for sale securities and were therefore recorded at their fair values of $1.5 million and $2.0 million at June 30, 2017 and December 31, 2016 , respectively. The fair values of these mortgage-backed securities were based on quoted prices of similar instruments in active markets. Unrealized gains of $0.1 million and $0.1 million on unsold mortgage-backed securities were recorded in accumulated other comprehensive income ("AOCI") at June 30, 2017 and December 31, 2016 , respectively.

INVESTMENTS IN UNCONSOLIDATED S

INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES	6 Months Ended
	Jun. 30, 2017
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES	7. INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES The components of the Company's investments in unconsolidated subsidiaries were as follows: (dollars in thousands) June 30, 2017 December 31, 2016 Investments in low income housing tax credit partnerships $ 2,896 $ 3,353 Trust preferred investments 2,792 2,792 Investments in affiliates 447 690 Other 54 54 Total $ 6,189 $ 6,889 The Company had $1.7 million in unfunded low income housing commitments as of June 30, 2017 and December 31, 2016 , of which $1.0 million is expected to be paid in 2018 and $0.7 million is expected to be paid in 2019 . Investments in low income housing tax credit ("LIHTC") partnerships are accounted for using the cost method. The following table presents amortization and tax credits recognized associated with our investments in LIHTC partnerships for the three and six months ended June 30, 2017 and June 30, 2016 : (dollars in thousands) Three Months Ended Three Months Ended Six Months Ended Six Months Ended Cost method: Amortization expense recognized in other operating expense $ 223 $ 258 $ 456 $ 515 Tax credits recognized in income tax expense 260 292 526 585

OTHER INTANGIBLE ASSETS

OTHER INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2017
OTHER INTANGIBLE ASSETS
OTHER INTANGIBLE ASSETS	8. CORE DEPOSIT PREMIUM AND MORTGAGE SERVICING RIGHTS The following table presents changes in core deposit premium and mortgage servicing rights for the six months ended June 30, 2017 : (dollars in thousands) Core Mortgage Total Balance, beginning of period $ 4,680 $ 15,779 $ 20,459 Additions — 1,220 1,220 Amortization (1,337 ) (1,067 ) (2,404 ) Balance, end of period $ 3,343 $ 15,932 $ 19,275 Income generated as the result of new mortgage servicing rights is reported as gains on sales of loans and totaled $0.6 million and $1.2 million for the three and six months ended June 30, 2017 , compared to $0.7 million and $1.2 million for the three and six months ended June 30, 2016 . Amortization of mortgage servicing rights was $0.5 million and $1.1 million for the three and six months ended June 30, 2017 , compared to $1.8 million and $3.3 million for the three and six months ended June 30, 2016 . The following table presents the fair market value and key assumptions used in determining the fair market value of our mortgage servicing rights: Six Months Ended June 30, (dollars in thousands) 2017 2016 Fair market value, beginning of period $ 18,087 $ 18,345 Fair market value, end of period 17,024 16,123 Weighted average discount rate 9.5 % 9.5 % Forecasted constant prepayment rate assumption 16.1 16.5 The gross carrying value and accumulated amortization related to our core deposit premium and mortgage servicing rights are presented below: June 30, 2017 December 31, 2016 (dollars in thousands) Gross Accumulated Net Gross Accumulated Net Core deposit premium $ 44,642 $ (41,299 ) $ 3,343 $ 44,642 $ (39,962 ) $ 4,680 Mortgage servicing rights 63,269 (47,337 ) 15,932 62,049 (46,270 ) 15,779 Total $ 107,911 $ (88,636 ) $ 19,275 $ 106,691 $ (86,232 ) $ 20,459 Based on the core deposit premium and mortgage servicing rights held as of June 30, 2017 , estimated amortization expense for the remainder of fiscal year 2017 , the next five succeeding fiscal years and all years thereafter are as follows: Estimated Amortization Expense (dollars in thousands) Core Mortgage Total 2017 (remainder) $ 1,337 $ 1,293 $ 2,630 2018 2,006 2,148 4,154 2019 — 1,767 1,767 2020 — 1,448 1,448 2021 — 1,201 1,201 2022 — 1,039 1,039 Thereafter — 7,036 7,036 $ 3,343 $ 15,932 $ 19,275 We perform an impairment assessment of our core deposit premium and mortgage servicing rights whenever events or changes in circumstance indicate that the carrying value of those assets may not be recoverable. Our impairment assessments involve, among other valuation methods, the estimation of future cash flows and other methods of determining fair value. Estimating future cash flows and determining fair values is subject to judgment and often involves the use of significant estimates and assumptions. The variability of the factors we use to perform our impairment tests depend on a number of conditions, including the uncertainty about future events and cash flows. All such factors are interdependent and, therefore, do not change in isolation. Accordingly, our accounting estimates may materially change from period to period due to changing market factors.

DERIVATIVES

DERIVATIVES	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	9. DERIVATIVES We utilize various designated and undesignated derivative financial instruments to reduce our exposure to movements in interest rates including interest rate swaps, interest rate lock commitments and forward sale commitments. We measure all derivatives at fair value on our consolidated balance sheet. In each reporting period, we record the derivative instruments in other assets or other liabilities depending on whether the derivatives are in an asset or liability position. For derivative instruments that are designated as cash flow hedging instruments, we record the effective portion of the changes in the fair value of the derivative in AOCI, net of tax, until earnings are affected by the variability of cash flows of the hedged transaction. We immediately recognize the portion of the gain or loss in the fair value of the derivative that represents hedge ineffectiveness in current period earnings. For derivative instruments that are not designated as hedging instruments, changes in the fair value of the derivative are included in current period earnings. At June 30, 2017 , we were not party to any derivatives designated as part of a fair value or cash flow hedge. Interest Rate Lock and Forward Sale Commitments We enter into interest rate lock commitments on certain mortgage loans that are intended to be sold. To manage interest rate risk on interest rate lock commitments, we also enter into forward loan sale commitments. The interest rate locks and forward loan sale commitments are accounted for as undesignated derivatives and are recorded at their respective fair values in other assets or other liabilities, with changes in fair value recorded in current period earnings. These instruments serve to reduce our exposure to movements in interest rates. At June 30, 2017 , we were a party to interest rate lock and forward sale commitments on $3.3 million and $15.1 million of mortgage loans, respectively. The following table presents the location of all assets and liabilities associated with our derivative instruments within the consolidated balance sheets: Derivatives Financial Instruments Not Designated as Hedging Instruments Balance Sheet Asset Derivatives Liability Derivatives Fair Value at Fair Value at (dollars in thousands) June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 Interest rate lock and forward sale commitments Other assets / other liabilities $ 51 $ 260 $ 36 $ 118 The following table presents the impact of derivative instruments and their location within the consolidated statements of income: Derivatives Financial Instruments Location of Gain (Loss) Amount of Gain (Loss) (dollars in thousands) Three Months Ended June 30, 2017 Interest rate lock and forward sale commitments Mortgage banking income $ 80 Loans held for sale Other income (3 ) Three Months Ended June 30, 2016 Interest rate lock and forward sale commitments Mortgage banking income (29 ) Six Months Ended June 30, 2017 Interest rate lock and forward sale commitments Mortgage banking income (127 ) Loans held for sale Other income (3 ) Six Months Ended June 30, 2016 Interest rate lock and forward sale commitments Mortgage banking income (108 )

SHORT-TERM BORROWINGS AND LONG-

SHORT-TERM BORROWINGS AND LONG-TERM DEBT	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
SHORT-TERM BORROWINGS AND LONG-TERM DEBT	10. SHORT-TERM BORROWINGS AND LONG-TERM DEBT The bank is a member of the Federal Home Loan Bank of Des Moines (the "FHLB") and maintained a $1.47 billion line of credit as of June 30, 2017 , compared to $1.41 billion at December 31, 2016 . At June 30, 2017 , $1.47 billion was undrawn under this arrangement, compared to $1.28 billion at December 31, 2016 . There were no short-term borrowings under this arrangement at June 30, 2017 , compared to $135.0 million at December 31, 2016 . There were no long-term borrowings under this arrangement at June 30, 2017 and December 31, 2016 . FHLB advances available at June 30, 2017 were secured by certain real estate loans with a carrying value of $1.91 billion in accordance with the collateral provisions of the Advances, Security and Deposit Agreement with the FHLB. At June 30, 2017 and December 31, 2016 , our bank had additional unused borrowings available at the Federal Reserve discount window of $68.6 million and $63.7 million , respectively. As of June 30, 2017 and December 31, 2016 , certain commercial and commercial real estate loans with a carrying value totaling $128.7 million and $129.9 million , respectively, were pledged as collateral on our line of credit with the Federal Reserve discount window. The Federal Reserve does not have the right to sell or repledge these loans.

EQUITY

EQUITY	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
EQUITY	11. EQUITY As a Hawaii state-chartered bank, Central Pacific Bank may only pay dividends to the extent it has retained earnings as defined under Hawaii banking law ("Statutory Retained Earnings"), which differs from GAAP retained earnings. As of June 30, 2017 , the bank had Statutory Retained Earnings of $88.6 million . Dividends are payable at the discretion of the Board of Directors and there can be no assurance that the Board of Directors will continue to pay dividends at the same rate, or at all, in the future. Our ability to pay cash dividends to our shareholders is subject to restrictions under federal and Hawaii law, including restrictions imposed by the FRB and covenants set forth in various agreements we are a party to, including covenants set forth in our subordinated debentures. In January 2016, the Board of Directors authorized the repurchase of up to $30.0 million of the Company's common stock from time to time in the open market or in privately negotiated transactions, pursuant to a newly authorized share repurchase program (the "2016 Repurchase Plan"). In January 2017, prior to the 2017 Repurchase Plan being approved, 1,750 shares of common stock, at a cost of $0.1 million , were repurchased under the 2016 Repurchase Plan. On January 24, 2017, the Board of Directors also authorized the repurchase of up to $30.0 million of the Company's common stock from time to time in the open market or in privately negotiated transactions, pursuant to a newly authorized share repurchase program (the "2017 Repurchase Plan"). The 2017 Repurchase Plan replaces and supersedes in its entirety the 2016 Repurchase Plan. In the six months ended June 30, 2017 , 360,621 shares of common stock, at a cost of $11.2 million , were repurchased under the 2017 Repurchase Plan.

MORTGAGE BANKING INCOME

MORTGAGE BANKING INCOME	6 Months Ended
	Jun. 30, 2017
Other Income and Expenses [Abstract]
MORTGAGE BANKING INCOME	12. MORTGAGE BANKING INCOME Noninterest income from the Company's mortgage banking activities include the following components for the periods indicated: Three Months Ended Six Months Ended (dollars in thousands) 2017 2016 2017 2016 Mortgage banking income: Loan servicing fees $ 1,340 $ 1,362 $ 2,698 $ 2,724 Amortization of mortgage servicing rights (547 ) (1,755 ) (1,067 ) (3,264 ) Gain on sale of residential mortgage loans 1,084 1,845 2,396 3,311 Unrealized gain (loss) on interest rate locks 80 (29 ) (127 ) (108 ) Total mortgage banking income $ 1,957 $ 1,423 $ 3,900 $ 2,663

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
SHARE-BASED COMPENSATION	13. SHARE-BASED COMPENSATION Restricted Stock Awards and Units The table below presents the activity of restricted stock awards and units for the six months ended June 30, 2017 : Shares Weighted Non-vested restricted stock awards and units, beginning of period 437,697 $ 22.01 Changes during the period: Granted 103,746 31.69 Vested (117,286 ) 19.08 Forfeited (18,729 ) 24.72 Non-vested restricted stock awards and units, end of period 405,428 25.21

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	6 Months Ended
	Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	15. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following tables present the components of other comprehensive income for the three and six months ended June 30, 2017 and 2016 , by component: (dollars in thousands) Before Tax Tax Effect Net of Tax Three Months Ended June 30, 2017 Net unrealized gains on investment securities: Net unrealized gains arising during the period $ 3,001 $ 1,193 $ 1,808 Less: Reclassification adjustment for losses realized in net income 1,640 653 987 Net unrealized gains on investment securities 4,641 1,846 2,795 Defined benefit plans: Amortization of net actuarial loss 325 222 103 Amortization of net transition obligation 5 2 3 Amortization of prior service cost 4 2 2 Settlement 138 56 82 Defined benefit plans, net 472 282 190 Other comprehensive income $ 5,113 $ 2,128 $ 2,985 (dollars in thousands) Before Tax Tax Effect Net of Tax Three Months Ended June 30, 2016 Net unrealized gains on investment securities: Net unrealized gains arising during the period $ 9,737 $ 3,871 $ 5,866 Less: Reclassification adjustment for losses realized in net income — — — Net unrealized gains on investment securities 9,737 3,871 5,866 Defined benefit plans: Amortization of net actuarial loss 366 124 242 Amortization of net transition obligation 4 1 3 Amortization of prior service cost 5 1 4 Defined benefit plans, net 375 126 249 Other comprehensive inco me $ 10,112 $ 3,997 $ 6,115 (dollars in thousands) Before Tax Tax Effect Net of Tax Six Months Ended June 30, 2017 Net unrealized gains on investment securities: Net unrealized gains arising during the period $ 6,528 $ 2,596 $ 3,932 Less: Reclassification adjustment for losses realized in net income 1,640 653 987 Net unrealized gains on investment securities 8,168 3,249 4,919 Defined benefit plans: Net actuarial losses arising during the period (1,042 ) (415 ) (627 ) Amortization of net actuarial loss 647 287 360 Amortization of net transition obligation 9 3 6 Amortization of prior service cost 8 3 5 Settlement 138 56 82 Defined benefit plans, net (240 ) (66 ) (174 ) Other comprehensive inco me $ 7,928 $ 3,183 $ 4,745 (dollars in thousands) Before Tax Tax Effect Net of Tax Six Months Ended June 30, 2016 Net unrealized gains on investment securities: Net unrealized gains arising during the period $ 29,420 $ 11,701 $ 17,719 Less: Reclassification adjustment for losses realized in net income — — — Net unrealized gains on investment securities 29,420 11,701 17,719 Defined benefit plans: Net actuarial losses arising during the period — — — Amortization of net actuarial loss 733 248 485 Amortization of net transition obligation 8 2 6 Amortization of prior service cost 10 2 8 Defined benefit plans, net 751 252 499 Other comprehensive inco me $ 30,171 $ 11,953 $ 18,218 The following tables present the changes in each component of accumulated other comprehensive income (loss) ("AOCI"), net of tax, for the three and six months ended June 30, 2017 and 2016 : (dollars in thousands) Investment Defined Accumulated Three Months Ended June 30, 2017 Balance at beginning of period $ 6,853 $ (6,614 ) $ 239 Other comprehensive income before reclassificatio ns 1,808 — 1,808 Amounts reclassified from AOCI 987 190 1,177 Total other comprehensive income 2,795 190 2,985 Balance at end of period $ 9,648 $ (6,424 ) $ 3,224 (dollars in thousands) Investment Defined Accumulated Three Months Ended June 30, 2016 Balance at beginning of period $ 21,034 $ (8,728 ) $ 12,306 Other comprehensive income before reclassifications 5,866 — 5,866 Amounts reclassified from AOCI — 249 249 Total other comprehensive income 5,866 249 6,115 Balance at end of period $ 26,900 $ (8,479 ) $ 18,421 (dollars in thousands) Investment Defined Accumulated Six Months Ended June 30, 2017 Balance at beginning of period $ 4,729 $ (6,250 ) $ (1,521 ) Other comprehensive loss before reclassifications 3,932 (627 ) 3,305 Amounts reclassified from AOCI 987 453 1,440 Total other comprehensive income (loss) 4,919 (174 ) 4,745 Balance at end of period $ 9,648 $ (6,424 ) $ 3,224 (dollars in thousands) Investment Defined Accumulated Six Months Ended June 30, 2016 Balance at beginning of period $ 9,181 $ (8,978 ) $ 203 Other comprehensive income before reclassifications 17,719 — 17,719 Amounts reclassified from AOCI — 499 499 Total other comprehensive income 17,719 499 18,218 Balance at end of period $ 26,900 $ (8,479 ) $ 18,421 The following table presents the amounts reclassified out of each component of AOCI for the three and six months ended June 30, 2017 and 2016 : Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented Details about AOCI Components Three months ended June 30, (dollars in thousands) 2017 2016 Sale of investment securities available for sale $ (1,640 ) $ — Investment securities losses 653 — Tax benefit $ (987 ) $ — Net of tax Amortization of defined benefit retirement and supplemental executive retirement plan items Net actuarial loss $ (325 ) $ (366 ) (1) Net transition obligation (5 ) (4 ) (1) Prior service cost (4 ) (5 ) (1) Settlement (138 ) — (1) (472 ) (375 ) Total before tax 282 126 Tax benefit $ (190 ) $ (249 ) Net of tax Total reclassifications for the period $ (1,177 ) $ (249 ) Net of tax Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented Details about AOCI Components Six months ended June 30, (dollars in thousands) 2017 2016 Sale of investment securities available for sale $ (1,640 ) $ — Investment securities losses 653 — Tax benefit $ (987 ) $ — Net of tax Amortization of defined benefit retirement and supplemental executive retirement plan items Net actuarial loss $ (647 ) $ (733 ) (1) Net transition obligation (9 ) (8 ) (1) Prior service cost (8 ) (10 ) (1) Settlement (138 ) — (1) (802 ) (751 ) Total before tax 349 252 Tax benefit $ (453 ) $ (499 ) Net of tax Total reclassifications for the period $ (1,440 ) $ (499 ) Net of tax (1) These AOCI components are included in the computation of net periodic pension cost (see Note 14 - Pension and Supplemental Executive Retirement Plans for additional details).

PENSION AND SUPPLEMENTAL EXECUT

PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS	6 Months Ended
	Jun. 30, 2017
Retirement Benefits [Abstract]
PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS	14. PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS Central Pacific Bank has a defined benefit retirement plan (the "Pension Plan") which covers certain eligible employees. The plan was curtailed effective December 31, 2002, and accordingly, plan benefits were fixed as of that date. The following table sets forth the components of net periodic benefit cost for the Pension Plan for the periods indicated: Three Months Ended Six Months Ended (dollars in thousands) 2017 2016 2017 2016 Interest cost $ 233 $ 344 $ 462 $ 687 Expected return on plan assets (264 ) (439 ) (528 ) (878 ) Amortization of net actuarial loss 300 354 596 708 Net periodic cost $ 269 $ 259 $ 530 $ 517 Our bank also established Supplemental Executive Retirement Plans ("SERPs"), which provide certain (current and former) officers of our bank with supplemental retirement benefits. We have not entered into a SERP since December 31, 2008. In the second quarter of 2017, the Company settled a portion of the SERP obligation of a former executive. As a result of the settlement, the Company remeasured the related SERP obligation and net periodic benefit cost and recognized a pro-rata net actuarial loss of $0.1 million in SERP expense and other comprehensive income. The following table sets forth the components of net periodic benefit cost for the SERPs for the periods indicated: Three Months Ended Six Months Ended (dollars in thousands) 2017 2016 2017 2016 Interest cost $ 100 $ 117 $ 215 $ 233 Amortization of net actuarial loss 25 12 51 25 Amortization of net transition obligation 5 4 9 8 Amortization of prior service cost 4 5 8 10 Settlement 138 — 138 — Net periodic cost $ 272 $ 138 $ 421 $ 276

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE	16. EARNINGS PER SHARE The following table presents the information used to compute basic and diluted earnings per common share for the periods indicated: Three Months Ended Six Months Ended (dollars in thousands, except per share data) 2017 2016 2017 2016 Net income $ 12,025 $ 12,137 $ 25,104 $ 23,318 Weighted average shares outstanding - basic 30,568,247 31,060,593 30,641,165 31,162,013 Dilutive effect of employee stock options and awards 235,478 201,932 238,758 197,555 Weighted average shares outstanding - diluted 30,803,725 31,262,525 30,879,923 31,359,568 Basic earnings per common share $ 0.39 $ 0.39 $ 0.82 $ 0.75 Diluted earnings per common share $ 0.39 $ 0.39 $ 0.81 $ 0.74 A total of 33 and 25 potentially dilutive shares of common stock have been excluded from the dilutive share calculation for the three and six months ended June 30, 2017 , respectively, as their effect was anti-dilutive, compared to 8,227 and 9,439 potentially dilutive shares of common stock for the three and six months ended June 30, 2016 , respectively.

FAIR VALUE OF FINANCIAL ASSETS

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES	17. FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES Disclosures about Fair Value of Financial Instruments Fair value estimates, methods and assumptions are set forth below for our financial instruments. Short-Term Financial Instruments The carrying values of short-term financial instruments are deemed to approximate fair values. Such instruments are considered readily convertible to cash and include cash and due from banks, interest-bearing deposits in other banks, accrued interest receivable, short-term borrowings, and accrued interest payable. Investment Securities The fair value of investment securities is based on market price quotations received from third-party pricing services. The third-party pricing services utilize pricing models supported with timely market data information. Where quoted market prices are not available, fair values are based on quoted market prices of comparable securities. Loans Fair values of loans are estimated based on discounted cash flows of portfolios of loans with similar financial characteristics including the type of loan, interest terms and repayment history. Fair values are calculated by discounting scheduled cash flows through estimated maturities using estimated market discount rates. Estimated market discount rates are reflective of credit and interest rate risks inherent in the Company's various loan types and are derived from available market information, as well as specific borrower information. The fair value of loans are not based on the notion of exit price. Loans Held for Sale The fair value of loans classified as held for sale are generally based upon quoted prices for similar assets in active markets, acceptance of firm offer letters with agreed upon purchase prices, discounted cash flow models that take into account market observable assumptions, or independent appraisals of the underlying collateral securing the loans. We report the fair values of Hawaii and U.S. Mainland construction and commercial real estate loans net of applicable selling costs on our consolidated balance sheets. Mortgage Servicing Rights Initial fair value of the servicing right is calculated by a discounted cash flow model prepared by a third-party service provider based on market value assumptions at the time of origination. We assess the servicing right for impairment using current market value assumptions at each reporting period. Critical assumptions used in the discounted cash flow model include mortgage prepayment speeds, discount rates, costs to service, and ancillary income. Variations in our assumptions could materially affect the estimated fair values. Changes to our assumptions are made when current trends and market data indicate that new trends have developed. Current market value assumptions based on loan product types (fixed rate, adjustable rate and balloon loans) include average discount rates and prepayment speeds. Many of these assumptions are subjective and require a high level of management judgment. Our mortgage servicing rights portfolio and valuation assumptions are periodically reviewed by management. Other Interest-Earning Assets The equity investment in common stock of the FHLB, which is redeemable for cash at par value, is reported at its par value. Deposit Liabilities The fair values of deposits with no stated maturity, such as noninterest-bearing demand deposits and interest-bearing demand and savings accounts, are equal to the amount payable on demand. The fair value of time deposits is estimated using discounted cash flow analyses. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. Long-Term Debt The fair value of our long-term debt is estimated by discounting scheduled cash flows over the contractual borrowing period at the estimated market rate for similar borrowing arrangements. Off-Balance Sheet Financial Instruments The fair values of off-balance sheet financial instruments are estimated based on the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties, current settlement values or quoted market prices of comparable instruments. For derivative financial instruments, the fair values are based upon current market values, if available. If there are no relevant comparables, fair values are based on pricing models using current assumptions for interest rate swaps and options. Limitations Fair value estimates are made at a specific point in time based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time our entire holdings of a particular financial instrument. Because no market exists for a significant portion of our financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of future business and the value of assets and liabilities that are not considered financial instruments. For example, significant assets and liabilities that are not considered financial assets or liabilities include deferred tax assets, premises and equipment and intangible assets. Fair Value Measurement Using (dollars in thousands) Carrying Estimated Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant June 30, 2017 Financial assets Cash and due from banks $ 85,975 $ 85,975 $ 85,975 $ — $ — Interest-bearing deposits in other banks 54,576 54,576 54,576 — — Investment securities 1,520,483 1,519,229 809 1,506,231 12,189 Loans held for sale 13,288 13,288 — 13,288 — Net loans and leases 3,538,907 3,505,125 — 28,058 3,477,067 Mortgage servicing rights 15,932 17,024 — — 17,024 Federal Home Loan Bank stock 6,492 6,492 6,492 — — Accrued interest receivable 15,636 15,636 15,636 — — Financial liabilities Deposits: Noninterest-bearing demand 1,383,754 1,383,754 1,383,754 — — Interest-bearing demand and savings and money market 2,371,064 2,371,064 2,371,064 — — Time 1,131,564 1,127,639 — — 1,127,639 Short-term borrowings — — — — — Long-term debt 92,785 69,265 — 69,265 — Accrued interest payable (included in other liabilities) 2,504 2,504 2,504 — — Off-balance sheet financial instruments Commitments to extend credit 890,045 1,123 — 1,123 — Standby letters of credit and financial guarantees written 19,329 290 — 290 — Derivatives: Interest rate lock commitments 3,347 (15 ) — (15 ) — Forward sale commitments 15,145 30 — 30 — Fair Value Measurement Using (dollars in thousands) Carrying Estimated Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant December 31, 2016 Financial assets Cash and due from banks $ 75,272 $ 75,272 $ 75,272 $ — $ — Interest-bearing deposits in other banks 9,069 9,069 9,069 — — Investment securities 1,461,515 1,458,213 660 1,445,357 12,196 Loans held for sale 31,881 31,881 — 31,881 — Net loans and leases 3,468,259 3,426,976 — 30,723 3,396,253 Mortgage servicing rights 15,779 18,087 — — 18,087 Federal Home Loan Bank stock 11,572 11,572 11,572 — — Accrued interest receivable 15,675 15,675 15,675 — — Financial liabilities Deposits: Noninterest-bearing demand 1,265,246 1,265,246 1,265,246 — — Interest-bearing demand and savings and money market 2,253,591 2,253,591 2,253,591 — — Time 1,089,364 1,088,436 — — 1,088,436 Short-term borrowings 135,000 135,000 — 135,000 — Long-term debt 92,785 68,186 — 68,186 — Accrued interest payable (included in other liabilities) 1,556 1,556 1,556 — — Off-balance sheet financial instruments Commitments to extend credit 825,304 1,046 — 1,046 — Standby letters of credit and financial guarantees written 16,043 241 — 241 — Derivatives: Interest rate lock commitments 879 6 — 6 — Forward sale commitments 32,497 136 — 136 — Fair Value Measurements We group our financial assets and liabilities at fair value into three levels based on the markets in which the financial assets and liabilities are traded and the reliability of the assumptions used to determine fair value as follows: • Level 1 — Valuation is based upon quoted prices (unadjusted) for identical assets or liabilities traded in active markets. A quoted price in an active market provides the most reliable evidence of fair value and shall be used to measure fair value whenever available. • Level 2 — Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. • Level 3 — Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect our own estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of discounted cash flow models and similar techniques that requires the use of significant judgment or estimation. We base our fair values on the price that we would expect to receive if an asset were sold or pay to transfer a liability in an orderly transaction between market participants at the measurement date. We also maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements. We use fair value measurements to record adjustments to certain financial assets and liabilities and to determine fair value disclosures. Available for sale securities and derivatives are recorded at fair value on a recurring basis. From time to time, we may be required to record other financial assets at fair value on a nonrecurring basis such as loans held for sale, impaired loans and mortgage servicing rights. These nonrecurring fair value adjustments typically involve application of the lower of cost or fair value accounting or write-downs of individual assets. There were no transfers of financial assets and liabilities between Level 1 and Level 2 of the fair value hierarchy during the three and six months ended June 30, 2017 . The following tables presents the fair value of assets and liabilities measured on a recurring basis as of June 30, 2017 and December 31, 2016 : Fair Value at Reporting Date Using (dollars in thousands) Fair Value Quoted Significant Significant June 30, 2017 Available for sale securities: Debt securities: States and political subdivisions $ 185,682 $ — $ 173,493 $ 12,189 Corporate securities 94,072 — 94,072 — U.S. Treasury obligations and direct obligations of U.S Government agencies 26,506 — 26,506 — Mortgage-backed securities: Residential - U.S. Government sponsored entities 788,338 — 788,338 — Commercial - U.S. Government agencies and sponsored entities 32,548 — 32,548 — Residential - Non-government agencies 48,954 — 48,954 — Commercial - Non-government agencies 138,986 — 138,986 — Other 809 809 — — Total available for sale securities 1,315,895 809 1,302,897 12,189 Derivatives: Interest rate lock and forward sale commitments 15 — 15 — Total $ 1,315,910 $ 809 $ 1,302,912 $ 12,189 Fair Value at Reporting Date Using (dollars in thousands) Fair Value Quoted Significant Significant December 31, 2016 Available for sale securities: Debt securities: States and political subdivisions $ 185,041 $ — $ 172,845 $ 12,196 Corporate securities 99,389 — 99,389 — Mortgage-backed securities: Residential - U.S. Government sponsored entities 769,986 — 769,986 — Residential - Non-government agencies 51,547 — 51,547 — Commercial - Non-government agencies 137,224 — 137,224 — Other 660 660 — — Total available for sale securities 1,243,847 660 1,230,991 12,196 Derivatives: Interest rate lock and forward sale commitments 142 — 142 — Total $ 1,243,989 $ 660 $ 1,231,133 $ 12,196 For the six months ended June 30, 2017 and 2016 , the changes in Level 3 assets and liabilities measured at fair value on a recurring basis are summarized as follows: (dollars in thousands) Available for Sale Balance at December 31, 2016 $ 12,196 Principal payments received (183 ) Unrealized net gain included in other comprehensive income 176 Balance at June 30, 2017 $ 12,189 Balance at December 31, 2015 $ 12,479 Principal payments received (166 ) Unrealized net gain included in other comprehensive income 1,002 Balance at June 30, 2016 $ 13,315 Within the state and political subdivisions debt securities category, the Company holds four mortgage revenue bonds issued by the City & County of Honolulu with an aggregate fair value of $12.2 million and $13.3 million at June 30, 2017 and June 30, 2016 , respectively. The Company estimates the fair value of its mortgage revenue bonds by using a discounted cash flow model to calculate the present value of estimated future principal and interest payments. The significant unobservable input used in the fair value measurement of the Company's mortgage revenue bonds is the weighted average discount rate. As of June 30, 2017 , the weighted average discount rate utilized was 4.54% , compared to 3.00% at December 31, 2016 , which was derived by incorporating a credit spread over the FHLB Fixed-Rate Advance curve. Significant increases (decreases) in the weighted average discount rate could result in a significantly lower (higher) fair value measurement. The following table presents the fair value of assets measured on a nonrecurring basis and the level of valuation assumptions used to determine the respective fair values as of June 30, 2017 and December 31, 2016 : Fair Value Measurements Using (dollars in thousands) Fair Value Quoted Prices Significant Significant June 30, 2017 Impaired loans (1) $ 28,058 $ — $ 28,058 $ — Mortgage servicing rights 17,024 — — 17,024 Other real estate (2) 1,008 — 1,008 — December 31, 2016 Impaired loans (1) $ 30,723 $ — $ 30,723 $ — Mortgage servicing rights 18,087 — — 18,087 Other real estate (2) 791 — 791 — (1) Represents carrying value and related write-downs of loans for which adjustments are based on agreed upon purchase prices for the loans or the appraised value of the collateral. (2) Represents other real estate that is carried at the lower of carrying value or fair value less costs to sell. Fair value is generally based upon independent market prices or appraised values of the collateral.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
SEGMENT INFORMATION	18. SEGMENT INFORMATION We have the following three reportable segments: Banking Operations, Treasury and All Others. These segments are consistent with our internal functional reporting lines and are managed separately because each unit has different target markets, technological requirements, and specialized skills. The Banking Operations segment includes construction and real estate development lending, commercial lending, residential mortgage lending, indirect auto lending, trust services, retail brokerage services and our retail branch offices, which provide a full range of deposit and loan products, as well as various other banking services. The Treasury segment is responsible for managing the Company's investment securities portfolio and wholesale funding activities. The All Others segment consists of all activities not captured by the Banking Operations or Treasury segments described above and includes activities such as electronic banking, data processing and management of bank owned properties. The accounting policies of the segments are consistent with the Company's accounting policies that are described in Note 1 - Summary of Significant Accounting Policies to the consolidated financial statements in the Annual Report on Form 10-K for the year ended December 31, 2016 filed with the SEC. The majority of the Company's net income is derived from net interest income. Accordingly, management focuses primarily on net interest income, rather than gross interest income and expense amounts, in evaluating segment profitability. Intersegment net interest income (expense) was allocated to each segment based upon a funds transfer pricing process that assigns costs of funds to assets and earnings credits to liabilities based on market interest rates that reflect interest rate sensitivity and maturity characteristics. All administrative and overhead expenses are allocated to the segments at cost. Cash, investment securities, loans and leases and their related balances are allocated to the segment responsible for acquisition and maintenance of those assets. Segment assets also include all premises and equipment used directly in segment operations. Segment profits and assets are provided in the following table for the periods indicated. (dollars in thousands) Banking Treasury All Others Total Three Months Ended June 30, 2017 Net interest income $ 34,558 $ 7,071 $ — $ 41,629 Inter-segment net interest income (expense) 8,161 (6,339 ) (1,822 ) — Credit for loan and lease losses 2,282 — — 2,282 Other operating income 5,844 (933 ) 2,959 7,870 Other operating expense (14,835 ) (322 ) (17,178 ) (32,335 ) Administrative and overhead expense allocation (15,021 ) (228 ) 15,249 — Income before taxes 20,989 (751 ) (792 ) 19,446 Income tax (expense) benefit (7,964 ) 240 303 (7,421 ) Net income (loss) $ 13,025 $ (511 ) $ (489 ) $ 12,025 (dollars in thousands) Banking Treasury All Others Total Three Months Ended June 30, 2016 Net interest income $ 31,985 $ 7,624 $ — $ 39,609 Inter-segment net interest income (expense) 9,435 (6,900 ) (2,535 ) — Credit for loan and lease losses 1,382 — — 1,382 Other operating income 6,493 1,397 2,047 9,937 Other operating expense (14,904 ) (439 ) (17,117 ) (32,460 ) Administrative and overhead expense allocation (16,709 ) (194 ) 16,903 — Income before taxes 17,682 1,488 (702 ) 18,468 Income tax (expense) benefit (6,078 ) (513 ) 260 (6,331 ) Net income (loss) $ 11,604 $ 975 $ (442 ) $ 12,137 (dollars in thousands) Banking Treasury All Others Total Six Months Ended June 30, 2017 Net interest income $ 68,648 $ 14,236 $ — $ 82,884 Inter-segment net interest income (expense) 16,088 (12,529 ) (3,559 ) — Credit for loan and lease losses 2,362 — — 2,362 Other operating income 11,568 328 5,988 17,884 Other operating expense (29,853 ) (710 ) (33,232 ) (63,795 ) Administrative and overhead expense allocation (28,725 ) (430 ) 29,155 — Income before taxes 40,088 895 (1,648 ) 39,335 Income tax (expense) benefit (14,504 ) (324 ) 597 (14,231 ) Net income (loss) $ 25,584 $ 571 $ (1,051 ) $ 25,104 (dollars in thousands) Banking Treasury All Others Total Six Months Ended June 30, 2016 Net interest income $ 62,936 $ 15,884 $ — $ 78,820 Inter-segment net interest income (expense) 19,993 (13,917 ) (6,076 ) — Credit for loan and lease losses 2,129 — — 2,129 Other operating income 12,027 2,142 4,424 18,593 Other operating expense (29,647 ) (827 ) (33,352 ) (63,826 ) Administrative and overhead expense allocation (28,141 ) (390 ) 28,531 — Income before taxes 39,297 2,892 (6,473 ) 35,716 Income tax (expense) benefit (13,644 ) (1,004 ) 2,250 (12,398 ) Net income $ 25,653 $ 1,888 $ (4,223 ) $ 23,318 (dollars in thousands) Banking Treasury All Others Total At June 30, 2017: Investment securities $ — $ 1,520,483 $ — $ 1,520,483 Loans and leases (including loans held for sale) 3,605,023 — — 3,605,023 Other 40,235 284,343 83,051 407,629 Total assets $ 3,645,258 $ 1,804,826 $ 83,051 $ 5,533,135 (dollars in thousands) Banking Treasury All Others Total At December 31, 2016: Investment securities $ — $ 1,461,515 $ — $ 1,461,515 Loans and leases (including loans held for sale) 3,556,771 — — 3,556,771 Other 56,482 241,387 68,081 365,950 Total assets $ 3,613,253 $ 1,702,902 $ 68,081 $ 5,384,236

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
LEGAL PROCEEDINGS	19. LEGAL PROCEEDINGS We are involved in legal actions arising in the ordinary course of business. Management, after consultation with our legal counsel, believes the ultimate disposition of those matters will not have a material adverse effect on our consolidated financial statements.

RECENT ACCOUNTING PRONOUNCEME28

RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	6 Months Ended
	Jun. 30, 2017
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	RECENT ACCOUNTING PRONOUNCEMENTS In March 2016, the FASB issued ASU 2016-09, "Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting." ASU 2016-09 simplifies the accounting for share-based payments. Specifically, the amendments: 1) require entities to record all excess tax benefits and tax deficiencies as an income tax benefit or expense in the income statement; 2) change the classification of excess tax benefits to an operating activity in the statement of cash flows; 3) allows entities to elect an accounting policy to either estimate the number of forfeitures or account for forfeitures when they occur; and 4) allows entities to withhold up to the maximum individual statutory tax rate without classifying the awards as a liability. We adopted ASU 2016-09 effective January 1, 2017 and elected to recognize forfeitures as they occur. The Company’s adoption was prospective, therefore, prior periods have not been adjusted. The adoption of ASU 2016-09 could result in greater volatility to reported income tax expense related to excess tax benefits and tax deficiencies for employee share-based payments. The volatility results from changes in the share price and timing of exercise of share options and vesting of share awards. For the six months ended June 30, 2017 , the adoption of ASU 2016-09 resulted in a decrease to the provision for income taxes due to the tax benefit from the vesting of restricted stock units. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)." ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. This ASU will replace most existing revenue recognition guidance in GAAP when it becomes effective. ASU 2014-09 was initially effective for the Company's reporting period beginning on January 1, 2017. However, in August 2015, the FASB issued ASU 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date" which defers the effective date by one year. For financial reporting purposes, the standard allows for either a full retrospective or modified retrospective adoption. The FASB has also issued additional updates to provide further clarification to specific implementation issues associated with ASU 2014-09. These updates include ASU 2016-08, "Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations," ASU 2016-10, "Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing," ASU 2016-12, "Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients," and ASU 2016-20 "Technical Corrections and Improvements to Topic 606." Our revenue is comprised of net interest income on financial assets and financial liabilities, which is explicitly excluded from the scope of of ASU 2014-09, and other operating income. We expect that ASU 2014-09 may require us to change how we recognize certain recurring revenue streams; however, we do not expect these changes to have a material impact on our financial statements. We continue to evaluate the impact of ASU 2014-09 on components of other operating income. This includes reviewing the contracts potentially impacted by the ASU in revenue streams such as trust and asset management fees, deposit related fees, and commissions income. Additionally, we continue to follow implementation issues relevant to the banking industry, and consider the disclosure requirements upon implementation. We expect to adopt the standard beginning January 1, 2018 under the modified retrospective approach with a cumulative effect adjustment to opening retained earnings, if such adjustment is deemed to be significant. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities . " ASU 2016-01 changes the income statement impact of equity investments, and the recognition of changes in fair value of financial liabilities when the fair value option is selected. ASU 2016-01 is effective for the Company's reporting period beginning January 1, 2018. We do not expect the adoption of this guidance to have a material impact on our consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842) . " ASU 2016-02 increases transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The new standard establishes a right-of-use model (ROU) that requires a lessee to recognize a ROU asset and lease liability on the balance sheet for all leases with a term of longer than 12 months. ASU 2016-02 is effective for the Company's reporting period beginning January 1, 2019 and must be applied using the modified retrospective approach. Based on preliminary evaluation, the new pronouncement will not have a material impact on our consolidated financial statements as the projected minimum lease payments under existing leases subject to the new pronouncement are less than one percent of our current total assets as of December 31, 2016 . In June 2016, the FASB issued ASU 2016-13, "Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments." The ASU requires an organization to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. Additionally, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. This update will be effective for the Company's reporting period beginning January 1, 2020. We are currently evaluating the potential impact the update will have on our consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments." ASU 2016-15 provides guidance on eight statement of cash flow classification issues and is intended to reduce the current and future diversity in practice described in the amendments. Current GAAP is either unclear or does not include specific guidance on the eight statement of cash flow classification issues included in ASU 2016-15. ASU 2016-15 is effective for the Company's reporting period beginning January 1, 2018. Early adoption is permitted, provided that all of the amendments are adopted in the same period. We do not plan to early adopt ASU 2016-15. The amendments in ASU 2016-15 should be applied using a retrospective transition method to each period presented. If it is impracticable to apply the amendments retrospectively for some of the issues, the amendments for those issues would be applied prospectively as of the earliest date practicable. Among other things, the update clarifies the appropriate classification for proceeds from settlement of bank owned life insurance ("BOLI") policies. Based on preliminary evaluation, our current practice is consistent with the update and we thus do not expect the update to have a reclassification impact. Additionally, we do not expect other changes in classification resulting from this update to be significant.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Summary of available for sale and held to maturity investment securities	A summary of held-to-maturity and available-for-sale investment securities are as follows: (dollars in thousands) Amortized Gross Gross Fair June 30, 2017 Held-to-Maturity: Mortgage-backed securities: Residential - U.S. Government-sponsored entities $ 112,053 $ 110 $ (1,839 ) $ 110,324 Commercial - U.S. Government-sponsored entities 92,535 475 — 93,010 Total $ 204,588 $ 585 $ (1,839 ) $ 203,334 Available-for-Sale: Debt securities: States and political subdivisions $ 182,853 $ 3,350 $ (521 ) $ 185,682 Corporate securities 92,827 1,325 (80 ) 94,072 U.S. Treasury obligations and direct obligations of U.S Government agencies 26,395 114 (3 ) 26,506 Mortgage-backed securities: Residential - U.S. Government-sponsored entities 791,720 3,526 (6,908 ) 788,338 Commercial - U.S. Government agencies and sponsored entities 32,659 73 (184 ) 32,548 Residential - Non-government agencies 48,420 773 (239 ) 48,954 Commercial - Non-government agencies 135,153 3,945 (112 ) 138,986 Other 694 115 — 809 Total $ 1,310,721 $ 13,221 $ (8,047 ) $ 1,315,895 (dollars in thousands) Amortized Gross Gross Fair December 31, 2016 Held-to-Maturity: Mortgage-backed securities: Residential - U.S. Government-sponsored entities $ 124,082 $ 92 $ (2,474 ) $ 121,700 Commercial - U.S. Government-sponsored entities 93,586 — (920 ) 92,666 Total $ 217,668 $ 92 $ (3,394 ) $ 214,366 Available-for-Sale: Debt securities: States and political subdivisions $ 184,836 $ 2,002 $ (1,797 ) $ 185,041 Corporate securities 98,596 974 (181 ) 99,389 Mortgage-backed securities: Residential - U.S. Government-sponsored entities 775,803 3,698 (9,515 ) 769,986 Residential - Non-government agencies 51,681 627 (761 ) 51,547 Commercial - Non-government agencies 135,248 2,387 (411 ) 137,224 Other 564 96 — 660 Total $ 1,246,728 $ 9,784 $ (12,665 ) $ 1,243,847
Schedule of amortized cost and estimated fair value of investment securities by contractual maturity	The amortized cost and estimated fair value of investment securities at June 30, 2017 by contractual maturity are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. June 30, 2017 (dollars in thousands) Amortized Cost Fair Value Held-to-Maturity: Mortgage-backed securities: Residential - U.S. Government-sponsored entities $ 112,053 $ 110,324 Commercial - U.S. Government-sponsored entities 92,535 93,010 Total $ 204,588 $ 203,334 Available-for-Sale: Due in one year or less $ 8,807 $ 8,866 Due after one year through five years 144,860 146,731 Due after five years through ten years 53,401 54,410 Due after ten years 95,007 96,253 Mortgage-backed securities: Residential - U.S. Government-sponsored entities 791,720 788,338 Commercial - U.S. Government agencies and sponsored entities 32,659 32,548 Residential - Non-government agencies 48,420 48,954 Commercial - Non-government agencies 135,153 138,986 Other 694 809 Total $ 1,310,721 $ 1,315,895
Schedule of investment securities in an unrealized loss position	Provided below is a summary of the 138 and 242 investment securities which were in an unrealized loss position at June 30, 2017 and December 31, 2016 , respectively, segregated by continuous length of impairment. Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized June 30, 2017 Debt securities: States and political subdivisions $ 38,303 $ (497 ) $ 1,126 $ (24 ) $ 39,429 $ (521 ) Corporate securities — — 5,353 (80 ) 5,353 (80 ) U.S. Treasury obligations and direct obligations of U.S Government agencies 3,380 (3 ) — — 3,380 (3 ) Mortgage-backed securities: Residential - U.S. Government-sponsored entities 547,203 (8,383 ) 10,747 (364 ) 557,950 (8,747 ) Residential - Non-government agencies 10,506 (239 ) — — 10,506 (239 ) Commercial - U.S. Government agencies and sponsored entities 11,548 (184 ) — — 11,548 (184 ) Commercial - Non-government agencies 9,498 (112 ) — — 9,498 (112 ) Total temporarily impaired securities $ 620,438 $ (9,418 ) $ 17,226 $ (468 ) $ 637,664 $ (9,886 ) Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2016 Debt securities: States and political subdivisions $ 85,288 $ (1,797 ) $ — $ — $ 85,288 $ (1,797 ) Corporate securities 20,357 (181 ) — — 20,357 (181 ) Mortgage-backed securities: Residential - U.S. Government-sponsored entities 648,923 (11,766 ) 3,978 (223 ) 652,901 (11,989 ) Residential - Non-government agencies 30,596 (761 ) — — 30,596 (761 ) Commercial - U.S. Government-sponsored entities 92,666 (920 ) — — 92,666 (920 ) Commercial - Non-government agencies 52,880 (411 ) — — 52,880 (411 ) Total temporarily impaired securities $ 930,710 $ (15,836 ) $ 3,978 $ (223 ) $ 934,688 $ (16,059 )

LOANS AND LEASES (Tables)

LOANS AND LEASES (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule of loans and leases, excluding loans held for sale	Loans and leases, excluding loans held for sale, consisted of the following: (dollars in thousands) June 30, 2017 December 31, 2016 Commercial, financial and agricultural $ 499,693 $ 509,987 Real estate: Construction 94,324 101,729 Residential mortgage 1,246,159 1,213,983 Home equity 394,721 361,210 Commercial mortgage 896,221 886,615 Consumer: Automobiles 256,858 212,926 Other consumer 201,392 235,684 Leases 523 677 Gross loans and leases 3,589,891 3,522,811 Net deferred costs 1,844 2,079 Total loans and leases, net of deferred costs $ 3,591,735 $ 3,524,890
Schedule of balance in the allowance for loan and lease losses and the recorded investment in loans and leases based on the impairment measurement methods, by class	The following tables present by class, the balance in the allowance for loan and lease losses (the "Allowance") and the recorded investment in loans and leases based on the Company's impairment measurement method as of June 30, 2017 and December 31, 2016 : Real Estate (dollars in thousands) Comml, Fin & Ag Constr Resi Mortgage Home Equity Comml Mortgage Consumer - Auto Consumer - Other Leases Total June 30, 2017 Allowance: Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 8,598 3,212 14,034 3,370 18,184 2,780 2,650 — 52,828 Total ending balance $ 8,598 $ 3,212 $ 14,034 $ 3,370 $ 18,184 $ 2,780 $ 2,650 $ — $ 52,828 Loans and leases: Individually evaluated for impairment $ 1,265 $ 2,757 $ 17,225 $ 1,509 $ 5,302 $ — $ — $ — $ 28,058 Collectively evaluated for impairment 498,428 91,567 1,228,934 393,212 890,919 256,858 201,392 523 3,561,833 Subtotal 499,693 94,324 1,246,159 394,721 896,221 256,858 201,392 523 3,589,891 Net deferred costs (income) 199 (487 ) 3,458 (1 ) (1,209 ) — (116 ) — 1,844 Total loans and leases, net of deferred costs (income) $ 499,892 $ 93,837 $ 1,249,617 $ 394,720 $ 895,012 $ 256,858 $ 201,276 $ 523 $ 3,591,735 Real Estate (dollars in thousands) Comml, Fin & Ag Constr Resi Mortgage Home Equity Comml Mortgage Consumer - Auto Consumer - Other Leases Total December 31, 2016 Allowance: Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 8,637 4,224 15,055 3,502 19,104 3,000 3,109 — 56,631 Total ending balance $ 8,637 $ 4,224 $ 15,055 $ 3,502 $ 19,104 $ 3,000 3,109 $ — $ 56,631 Loans and leases: Individually evaluated for impairment $ 1,877 $ 2,936 $ 19,940 $ 333 $ 5,637 $ — $ — $ — $ 30,723 Collectively evaluated for impairment 508,110 98,793 1,194,043 360,877 880,978 212,926 235,684 677 3,492,088 Subtotal 509,987 101,729 1,213,983 361,210 886,615 212,926 235,684 677 3,522,811 Net deferred costs (income) 453 (191 ) 3,251 (1 ) (1,176 ) — (257 ) — 2,079 Total loans and leases, net of deferred costs (income) $ 510,440 $ 101,538 $ 1,217,234 $ 361,209 $ 885,439 $ 212,926 235,427 $ 677 $ 3,524,890
Schedule of impaired loans, by class	The following table presents by class, information related to impaired loans as of June 30, 2017 and December 31, 2016 : June 30, 2017 December 31, 2016 Unpaid Recorded Allowance Unpaid Recorded Allowance (dollars in thousands) Impaired loans with no related Allowance recorded: Commercial, financial & agricultural $ 1,376 $ 1,265 $ — $ 1,988 $ 1,877 $ — Real estate: Construction 8,107 2,757 — 9,056 2,936 — Residential mortgage 18,284 17,225 — 21,568 19,940 — Home equity 1,509 1,509 — 333 333 — Commercial mortgage 5,302 5,302 — 5,637 5,637 — Total impaired loans $ 34,578 $ 28,058 $ — $ 38,582 $ 30,723 $ —
Schedule of average recorded investment and interest income recognized on impaired loans, by class	The following table presents by class, the average recorded investment and interest income recognized on impaired loans for the three and six months ended June 30, 2017 and 2016 : Three Months Ended Six Months Ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (dollars in thousands) Average Interest Average Interest Average Interest Average Interest Commercial, financial & agricultural $ 1,291 $ 4 $ 2,176 $ 10 $ 1,624 $ 4 $ 1,799 $ 10 Real estate: Construction 2,783 24 3,917 34 2,841 48 3,982 70 Residential mortgage 17,658 1,070 22,718 9 18,597 1,167 22,235 7 Home equity 1,482 1 723 — 1,310 1 639 — Commercial mortgage 5,346 46 8,786 37 5,445 93 9,463 71 Total $ 28,560 $ 1,145 $ 38,320 $ 90 $ 29,817 $ 1,313 $ 38,118 $ 158
Schedule of aging of the recorded investment in past due loans and leases, by class	The following tables present by class, the aging of the recorded investment in past due loans and leases as of June 30, 2017 and December 31, 2016 : (dollars in thousands) Accruing Accruing Accruing Nonaccrual Total Loans and Total June 30, 2017 Commercial, financial & agricultural $ 225 $ 53 $ — $ 1,000 $ 1,278 $ 498,614 $ 499,892 Real estate: Construction — — — — — 93,837 93,837 Residential mortgage — 1,887 — 4,691 6,578 1,243,039 1,249,617 Home equity 216 183 — 1,509 1,908 392,812 394,720 Commercial mortgage 83 — — 834 917 894,095 895,012 Consumer: Automobiles 972 244 130 — 1,346 255,512 256,858 Other consumer 708 368 123 — 1,199 200,077 201,276 Leases — — — — — 523 523 Total $ 2,204 $ 2,735 $ 253 $ 8,034 $ 13,226 $ 3,578,509 $ 3,591,735 (dollars in thousands) Accruing Accruing Accruing Nonaccrual Total Loans and Total December 31, 2016 Commercial, financial & agricultural $ 761 $ 80 $ — $ 1,877 $ 2,718 $ 507,722 $ 510,440 Real estate: Construction — — — — — 101,538 101,538 Residential mortgage 5,014 478 — 5,322 10,814 1,206,420 1,217,234 Home equity 43 280 1,120 333 1,776 359,433 361,209 Commercial mortgage 127 — — 864 991 884,448 885,439 Consumer: Automobiles 743 353 208 — 1,304 211,622 212,926 Other consumer 639 272 63 — 974 234,453 235,427 Leases — — — — — 677 677 Total $ 7,327 $ 1,463 $ 1,391 $ 8,396 $ 18,577 $ 3,506,313 $ 3,524,890
Schedule of information related to loans modified in a TDR, by class	The following table presents by class, information related to loans modified in a TDR during the period presented. No loans were modified in a TDR during the three months ended June 30, 2017 or the three and six months ended June 30, 2016 . (dollars in thousands) Number of Recorded Increase in the Six Months Ended June 30, 2017 Commercial, financial & agricultural 1 653 —
Schedule of recorded investment in loans and leases, by class and credit indicator	The following table presents by class and credit indicator, the recorded investment in the Company's loans and leases as of June 30, 2017 and December 31, 2016 : (dollars in thousands) Pass Special Substandard Loss Subtotal Net Total June 30, 2017 Commercial, financial & agricultural $ 475,393 $ 2,106 $ 22,194 $ — $ 499,693 $ 199 $ 499,892 Real estate: Construction 83,720 10,604 — — 94,324 (487 ) 93,837 Residential mortgage 1,241,362 — 4,797 — 1,246,159 3,458 1,249,617 Home equity 393,212 — 1,509 — 394,721 (1 ) 394,720 Commercial mortgage 861,699 22,622 11,900 — 896,221 (1,209 ) 895,012 Consumer: Automobiles 256,728 — 66 64 256,858 — 256,858 Other consumer 201,202 — 190 — 201,392 (116 ) 201,276 Leases 523 — — — 523 — 523 Total $ 3,513,839 $ 35,332 $ 40,656 $ 64 $ 3,589,891 $ 1,844 $ 3,591,735

ALLOWANCE FOR LOAN AND LEASE 31

ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	6 Months Ended
	Jun. 30, 2017
ALLOWANCE FOR LOAN AND LEASE LOSSES
Schedule of activity in the allowance, by class	The following table presents by class, the activity in the Allowance for the periods indicated: Real Estate Commercial, Construction Residential Mortgage Home Equity Commercial Mortgage Consumer - Auto Consumer - Other Leases Unallocated Total (dollars in thousands) Three Months Ended June 30, 2017 Beginning balance $ 8,346 $ 3,718 $ 14,892 $ 3,425 $ 19,187 $ 2,976 $ 2,825 $ — $ — $ 55,369 Provision (credit) for loan and lease losses 353 (562 ) (1,495 ) (82 ) (1,131 ) (128 ) 763 — — (2,282 ) 8,699 3,156 13,397 3,343 18,056 2,848 3,588 — — 53,087 Charge-offs 337 — — — — 352 1,118 — — 1,807 Recoveries 236 56 637 27 128 284 180 — — 1,548 Net charge-offs (recoveries) 101 (56 ) (637 ) (27 ) (128 ) 68 938 — — 259 Ending balance $ 8,598 $ 3,212 $ 14,034 $ 3,370 $ 18,184 $ 2,780 $ 2,650 $ — $ — $ 52,828 Three Months Ended June 30, 2016 Beginning balance $ 7,000 $ 4,128 $ 14,696 $ 3,309 $ 25,173 $ 2,723 $ 3,120 $ — $ 2,000 $ 62,149 Provision (credit) for loan and lease losses (3,006 ) (314 ) (677 ) 133 2,261 (158 ) 379 — — (1,382 ) 3,994 3,814 14,019 3,442 27,434 2,565 3,499 — 2,000 60,767 Charge-offs 272 — — — — 358 777 — — 1,407 Recoveries 720 9 173 4 14 366 118 — — 1,404 Net charge-offs (recoveries) (448 ) (9 ) (173 ) (4 ) (14 ) (8 ) 659 — — 3 Ending balance $ 4,442 $ 3,823 $ 14,192 $ 3,446 $ 27,448 $ 2,573 $ 2,840 $ — $ 2,000 $ 60,764 Real Estate Commercial, Construction Residential Mortgage Home Equity Commercial Mortgage Consumer - Auto Consumer - Other Leases Unallocated Total (dollars in thousands) Six Months Ended June 30, 2017 Beginning balance $ 8,637 $ 4,224 $ 15,055 $ 3,502 $ 19,104 $ 3,000 $ 3,109 $ — $ — $ 56,631 Provision (credit) for loan and lease losses 287 (1,089 ) (1,754 ) (161 ) (1,059 ) 174 1,240 — — (2,362 ) 8,924 3,135 13,301 3,341 18,045 3,174 4,349 — — 54,269 Charge-offs 837 — — — — 872 2,095 — — 3,804 Recoveries 511 77 733 29 139 478 396 — — 2,363 Net charge-offs (recoveries) 326 (77 ) (733 ) (29 ) (139 ) 394 1,699 — — 1,441 Ending balance $ 8,598 $ 3,212 $ 14,034 $ 3,370 $ 18,184 $ 2,780 $ 2,650 $ — $ — $ 52,828 Six Months Ended June 30, 2016 Beginning balance $ 6,905 $ 8,454 $ 14,642 $ 3,096 $ 21,847 $ 2,891 $ 3,339 $ — $ 2,140 $ 63,314 Provision (credit) for loan and lease losses (2,908 ) (4,649 ) (656 ) 342 5,574 (139 ) 447 — (140 ) (2,129 ) 3,997 3,805 13,986 3,438 27,421 2,752 3,786 — 2,000 61,185 Charge-offs 624 — — — — 738 1,509 — — 2,871 Recoveries 1,069 18 206 8 27 559 563 — — 2,450 Net charge-offs (recoveries) (445 ) (18 ) (206 ) (8 ) (27 ) 179 946 — — 421 Ending balance $ 4,442 $ 3,823 $ 14,192 $ 3,446 $ 27,448 $ 2,573 $ 2,840 $ — $ 2,000 $ 60,764

INVESTMENTS IN UNCONSOLIDATED32

INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)	6 Months Ended
	Jun. 30, 2017
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
Schedule of investment in unconsolidated subsidiaries	The following table presents amortization and tax credits recognized associated with our investments in LIHTC partnerships for the three and six months ended June 30, 2017 and June 30, 2016 : (dollars in thousands) Three Months Ended Three Months Ended Six Months Ended Six Months Ended Cost method: Amortization expense recognized in other operating expense $ 223 $ 258 $ 456 $ 515 Tax credits recognized in income tax expense 260 292 526 585 The components of the Company's investments in unconsolidated subsidiaries were as follows: (dollars in thousands) June 30, 2017 December 31, 2016 Investments in low income housing tax credit partnerships $ 2,896 $ 3,353 Trust preferred investments 2,792 2,792 Investments in affiliates 447 690 Other 54 54 Total $ 6,189 $ 6,889

OTHER INTANGIBLE ASSETS (Tables

OTHER INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2017
OTHER INTANGIBLE ASSETS
Schedule of gross carrying value and accumulated amortization related to intangible assets	The gross carrying value and accumulated amortization related to our core deposit premium and mortgage servicing rights are presented below: June 30, 2017 December 31, 2016 (dollars in thousands) Gross Accumulated Net Gross Accumulated Net Core deposit premium $ 44,642 $ (41,299 ) $ 3,343 $ 44,642 $ (39,962 ) $ 4,680 Mortgage servicing rights 63,269 (47,337 ) 15,932 62,049 (46,270 ) 15,779 Total $ 107,911 $ (88,636 ) $ 19,275 $ 106,691 $ (86,232 ) $ 20,459 The following table presents changes in core deposit premium and mortgage servicing rights for the six months ended June 30, 2017 : (dollars in thousands) Core Mortgage Total Balance, beginning of period $ 4,680 $ 15,779 $ 20,459 Additions — 1,220 1,220 Amortization (1,337 ) (1,067 ) (2,404 ) Balance, end of period $ 3,343 $ 15,932 $ 19,275
Schedule of fair market value and key assumptions used in determining the fair market value of our mortgage servicing rights	The following table presents the fair market value and key assumptions used in determining the fair market value of our mortgage servicing rights: Six Months Ended June 30, (dollars in thousands) 2017 2016 Fair market value, beginning of period $ 18,087 $ 18,345 Fair market value, end of period 17,024 16,123 Weighted average discount rate 9.5 % 9.5 % Forecasted constant prepayment rate assumption 16.1 16.5
Schedule of estimated amortization expense	Based on the core deposit premium and mortgage servicing rights held as of June 30, 2017 , estimated amortization expense for the remainder of fiscal year 2017 , the next five succeeding fiscal years and all years thereafter are as follows: Estimated Amortization Expense (dollars in thousands) Core Mortgage Total 2017 (remainder) $ 1,337 $ 1,293 $ 2,630 2018 2,006 2,148 4,154 2019 — 1,767 1,767 2020 — 1,448 1,448 2021 — 1,201 1,201 2022 — 1,039 1,039 Thereafter — 7,036 7,036 $ 3,343 $ 15,932 $ 19,275

DERIVATIVES (Tables)

DERIVATIVES (Tables)	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of the location of all assets and liabilities associated with derivative instruments within the consolidated balance sheets	The following table presents the location of all assets and liabilities associated with our derivative instruments within the consolidated balance sheets: Derivatives Financial Instruments Not Designated as Hedging Instruments Balance Sheet Asset Derivatives Liability Derivatives Fair Value at Fair Value at (dollars in thousands) June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 Interest rate lock and forward sale commitments Other assets / other liabilities $ 51 $ 260 $ 36 $ 118
Schedule of the impact of derivative instruments and their location within the consolidated statements of income	The following table presents the impact of derivative instruments and their location within the consolidated statements of income: Derivatives Financial Instruments Location of Gain (Loss) Amount of Gain (Loss) (dollars in thousands) Three Months Ended June 30, 2017 Interest rate lock and forward sale commitments Mortgage banking income $ 80 Loans held for sale Other income (3 ) Three Months Ended June 30, 2016 Interest rate lock and forward sale commitments Mortgage banking income (29 ) Six Months Ended June 30, 2017 Interest rate lock and forward sale commitments Mortgage banking income (127 ) Loans held for sale Other income (3 ) Six Months Ended June 30, 2016 Interest rate lock and forward sale commitments Mortgage banking income (108 )

MORTGAGE BANKING INCOME (Tables

MORTGAGE BANKING INCOME (Tables)	6 Months Ended
	Jun. 30, 2017
Other Income and Expenses [Abstract]
Schedule of Other Operating Cost and Expense, by Component	Noninterest income from the Company's mortgage banking activities include the following components for the periods indicated: Three Months Ended Six Months Ended (dollars in thousands) 2017 2016 2017 2016 Mortgage banking income: Loan servicing fees $ 1,340 $ 1,362 $ 2,698 $ 2,724 Amortization of mortgage servicing rights (547 ) (1,755 ) (1,067 ) (3,264 ) Gain on sale of residential mortgage loans 1,084 1,845 2,396 3,311 Unrealized gain (loss) on interest rate locks 80 (29 ) (127 ) (108 ) Total mortgage banking income $ 1,957 $ 1,423 $ 3,900 $ 2,663

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of activity of restricted stock awards and units	The table below presents the activity of restricted stock awards and units for the six months ended June 30, 2017 : Shares Weighted Non-vested restricted stock awards and units, beginning of period 437,697 $ 22.01 Changes during the period: Granted 103,746 31.69 Vested (117,286 ) 19.08 Forfeited (18,729 ) 24.72 Non-vested restricted stock awards and units, end of period 405,428 25.21

ACCUMULATED OTHER COMPREHENSI37

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	6 Months Ended
	Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of components of other comprehensive income (loss)	The following tables present the components of other comprehensive income for the three and six months ended June 30, 2017 and 2016 , by component: (dollars in thousands) Before Tax Tax Effect Net of Tax Three Months Ended June 30, 2017 Net unrealized gains on investment securities: Net unrealized gains arising during the period $ 3,001 $ 1,193 $ 1,808 Less: Reclassification adjustment for losses realized in net income 1,640 653 987 Net unrealized gains on investment securities 4,641 1,846 2,795 Defined benefit plans: Amortization of net actuarial loss 325 222 103 Amortization of net transition obligation 5 2 3 Amortization of prior service cost 4 2 2 Settlement 138 56 82 Defined benefit plans, net 472 282 190 Other comprehensive income $ 5,113 $ 2,128 $ 2,985 (dollars in thousands) Before Tax Tax Effect Net of Tax Three Months Ended June 30, 2016 Net unrealized gains on investment securities: Net unrealized gains arising during the period $ 9,737 $ 3,871 $ 5,866 Less: Reclassification adjustment for losses realized in net income — — — Net unrealized gains on investment securities 9,737 3,871 5,866 Defined benefit plans: Amortization of net actuarial loss 366 124 242 Amortization of net transition obligation 4 1 3 Amortization of prior service cost 5 1 4 Defined benefit plans, net 375 126 249 Other comprehensive inco me $ 10,112 $ 3,997 $ 6,115 (dollars in thousands) Before Tax Tax Effect Net of Tax Six Months Ended June 30, 2017 Net unrealized gains on investment securities: Net unrealized gains arising during the period $ 6,528 $ 2,596 $ 3,932 Less: Reclassification adjustment for losses realized in net income 1,640 653 987 Net unrealized gains on investment securities 8,168 3,249 4,919 Defined benefit plans: Net actuarial losses arising during the period (1,042 ) (415 ) (627 ) Amortization of net actuarial loss 647 287 360 Amortization of net transition obligation 9 3 6 Amortization of prior service cost 8 3 5 Settlement 138 56 82 Defined benefit plans, net (240 ) (66 ) (174 ) Other comprehensive inco me $ 7,928 $ 3,183 $ 4,745
Schedule of changes in each component of AOCI, net of tax	The following tables present the changes in each component of accumulated other comprehensive income (loss) ("AOCI"), net of tax, for the three and six months ended June 30, 2017 and 2016 : (dollars in thousands) Investment Defined Accumulated Three Months Ended June 30, 2017 Balance at beginning of period $ 6,853 $ (6,614 ) $ 239 Other comprehensive income before reclassificatio ns 1,808 — 1,808 Amounts reclassified from AOCI 987 190 1,177 Total other comprehensive income 2,795 190 2,985 Balance at end of period $ 9,648 $ (6,424 ) $ 3,224 (dollars in thousands) Investment Defined Accumulated Three Months Ended June 30, 2016 Balance at beginning of period $ 21,034 $ (8,728 ) $ 12,306 Other comprehensive income before reclassifications 5,866 — 5,866 Amounts reclassified from AOCI — 249 249 Total other comprehensive income 5,866 249 6,115 Balance at end of period $ 26,900 $ (8,479 ) $ 18,421 (dollars in thousands) Investment Defined Accumulated Six Months Ended June 30, 2017 Balance at beginning of period $ 4,729 $ (6,250 ) $ (1,521 ) Other comprehensive loss before reclassifications 3,932 (627 ) 3,305 Amounts reclassified from AOCI 987 453 1,440 Total other comprehensive income (loss) 4,919 (174 ) 4,745 Balance at end of period $ 9,648 $ (6,424 ) $ 3,224 (dollars in thousands) Investment Defined Accumulated Six Months Ended June 30, 2016 Balance at beginning of period $ 9,181 $ (8,978 ) $ 203 Other comprehensive income before reclassifications 17,719 — 17,719 Amounts reclassified from AOCI — 499 499 Total other comprehensive income 17,719 499 18,218 Balance at end of period $ 26,900 $ (8,479 ) $ 18,421
Schedule of amounts reclassified out of each component of AOCI	The following table presents the amounts reclassified out of each component of AOCI for the three and six months ended June 30, 2017 and 2016 : Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented Details about AOCI Components Three months ended June 30, (dollars in thousands) 2017 2016 Sale of investment securities available for sale $ (1,640 ) $ — Investment securities losses 653 — Tax benefit $ (987 ) $ — Net of tax Amortization of defined benefit retirement and supplemental executive retirement plan items Net actuarial loss $ (325 ) $ (366 ) (1) Net transition obligation (5 ) (4 ) (1) Prior service cost (4 ) (5 ) (1) Settlement (138 ) — (1) (472 ) (375 ) Total before tax 282 126 Tax benefit $ (190 ) $ (249 ) Net of tax Total reclassifications for the period $ (1,177 ) $ (249 ) Net of tax Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented Details about AOCI Components Six months ended June 30, (dollars in thousands) 2017 2016 Sale of investment securities available for sale $ (1,640 ) $ — Investment securities losses 653 — Tax benefit $ (987 ) $ — Net of tax Amortization of defined benefit retirement and supplemental executive retirement plan items Net actuarial loss $ (647 ) $ (733 ) (1) Net transition obligation (9 ) (8 ) (1) Prior service cost (8 ) (10 ) (1) Settlement (138 ) — (1) (802 ) (751 ) Total before tax 349 252 Tax benefit $ (453 ) $ (499 ) Net of tax Total reclassifications for the period $ (1,440 ) $ (499 ) Net of tax (1) These AOCI components are included in the computation of net periodic pension cost (see Note 14 - Pension and Supplemental Executive Retirement Plans for additional details).

PENSION AND SUPPLEMENTAL EXEC38

PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (Tables)	6 Months Ended
	Jun. 30, 2017
Pension Plan
PENSION PLANS
Schedule of components of net periodic benefit cost	The following table sets forth the components of net periodic benefit cost for the Pension Plan for the periods indicated: Three Months Ended Six Months Ended (dollars in thousands) 2017 2016 2017 2016 Interest cost $ 233 $ 344 $ 462 $ 687 Expected return on plan assets (264 ) (439 ) (528 ) (878 ) Amortization of net actuarial loss 300 354 596 708 Net periodic cost $ 269 $ 259 $ 530 $ 517
SERPs
PENSION PLANS
Schedule of components of net periodic benefit cost	The following table sets forth the components of net periodic benefit cost for the SERPs for the periods indicated: Three Months Ended Six Months Ended (dollars in thousands) 2017 2016 2017 2016 Interest cost $ 100 $ 117 $ 215 $ 233 Amortization of net actuarial loss 25 12 51 25 Amortization of net transition obligation 5 4 9 8 Amortization of prior service cost 4 5 8 10 Settlement 138 — 138 — Net periodic cost $ 272 $ 138 $ 421 $ 276

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Schedule of information used to compute basic and diluted earnings per share	The following table presents the information used to compute basic and diluted earnings per common share for the periods indicated: Three Months Ended Six Months Ended (dollars in thousands, except per share data) 2017 2016 2017 2016 Net income $ 12,025 $ 12,137 $ 25,104 $ 23,318 Weighted average shares outstanding - basic 30,568,247 31,060,593 30,641,165 31,162,013 Dilutive effect of employee stock options and awards 235,478 201,932 238,758 197,555 Weighted average shares outstanding - diluted 30,803,725 31,262,525 30,879,923 31,359,568 Basic earnings per common share $ 0.39 $ 0.39 $ 0.82 $ 0.75 Diluted earnings per common share $ 0.39 $ 0.39 $ 0.81 $ 0.74

FAIR VALUE OF FINANCIAL ASSET40

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Schedule of carrying amount and estimated fair value of financial instruments	Fair Value Measurement Using (dollars in thousands) Carrying Estimated Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant June 30, 2017 Financial assets Cash and due from banks $ 85,975 $ 85,975 $ 85,975 $ — $ — Interest-bearing deposits in other banks 54,576 54,576 54,576 — — Investment securities 1,520,483 1,519,229 809 1,506,231 12,189 Loans held for sale 13,288 13,288 — 13,288 — Net loans and leases 3,538,907 3,505,125 — 28,058 3,477,067 Mortgage servicing rights 15,932 17,024 — — 17,024 Federal Home Loan Bank stock 6,492 6,492 6,492 — — Accrued interest receivable 15,636 15,636 15,636 — — Financial liabilities Deposits: Noninterest-bearing demand 1,383,754 1,383,754 1,383,754 — — Interest-bearing demand and savings and money market 2,371,064 2,371,064 2,371,064 — — Time 1,131,564 1,127,639 — — 1,127,639 Short-term borrowings — — — — — Long-term debt 92,785 69,265 — 69,265 — Accrued interest payable (included in other liabilities) 2,504 2,504 2,504 — — Off-balance sheet financial instruments Commitments to extend credit 890,045 1,123 — 1,123 — Standby letters of credit and financial guarantees written 19,329 290 — 290 — Derivatives: Interest rate lock commitments 3,347 (15 ) — (15 ) — Forward sale commitments 15,145 30 — 30 — Fair Value Measurement Using (dollars in thousands) Carrying Estimated Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant December 31, 2016 Financial assets Cash and due from banks $ 75,272 $ 75,272 $ 75,272 $ — $ — Interest-bearing deposits in other banks 9,069 9,069 9,069 — — Investment securities 1,461,515 1,458,213 660 1,445,357 12,196 Loans held for sale 31,881 31,881 — 31,881 — Net loans and leases 3,468,259 3,426,976 — 30,723 3,396,253 Mortgage servicing rights 15,779 18,087 — — 18,087 Federal Home Loan Bank stock 11,572 11,572 11,572 — — Accrued interest receivable 15,675 15,675 15,675 — — Financial liabilities Deposits: Noninterest-bearing demand 1,265,246 1,265,246 1,265,246 — — Interest-bearing demand and savings and money market 2,253,591 2,253,591 2,253,591 — — Time 1,089,364 1,088,436 — — 1,088,436 Short-term borrowings 135,000 135,000 — 135,000 — Long-term debt 92,785 68,186 — 68,186 — Accrued interest payable (included in other liabilities) 1,556 1,556 1,556 — — Off-balance sheet financial instruments Commitments to extend credit 825,304 1,046 — 1,046 — Standby letters of credit and financial guarantees written 16,043 241 — 241 — Derivatives: Interest rate lock commitments 879 6 — 6 — Forward sale commitments 32,497 136 — 136 —
Schedule of balances of assets and liabilities measured at fair value on a recurring basis	The following tables presents the fair value of assets and liabilities measured on a recurring basis as of June 30, 2017 and December 31, 2016 : Fair Value at Reporting Date Using (dollars in thousands) Fair Value Quoted Significant Significant June 30, 2017 Available for sale securities: Debt securities: States and political subdivisions $ 185,682 $ — $ 173,493 $ 12,189 Corporate securities 94,072 — 94,072 — U.S. Treasury obligations and direct obligations of U.S Government agencies 26,506 — 26,506 — Mortgage-backed securities: Residential - U.S. Government sponsored entities 788,338 — 788,338 — Commercial - U.S. Government agencies and sponsored entities 32,548 — 32,548 — Residential - Non-government agencies 48,954 — 48,954 — Commercial - Non-government agencies 138,986 — 138,986 — Other 809 809 — — Total available for sale securities 1,315,895 809 1,302,897 12,189 Derivatives: Interest rate lock and forward sale commitments 15 — 15 — Total $ 1,315,910 $ 809 $ 1,302,912 $ 12,189 Fair Value at Reporting Date Using (dollars in thousands) Fair Value Quoted Significant Significant December 31, 2016 Available for sale securities: Debt securities: States and political subdivisions $ 185,041 $ — $ 172,845 $ 12,196 Corporate securities 99,389 — 99,389 — Mortgage-backed securities: Residential - U.S. Government sponsored entities 769,986 — 769,986 — Residential - Non-government agencies 51,547 — 51,547 — Commercial - Non-government agencies 137,224 — 137,224 — Other 660 660 — — Total available for sale securities 1,243,847 660 1,230,991 12,196 Derivatives: Interest rate lock and forward sale commitments 142 — 142 — Total $ 1,243,989 $ 660 $ 1,231,133 $ 12,196
Schedule of changes in Level 3 assets and liabilities measured at fair value on a recurring basis	For the six months ended June 30, 2017 and 2016 , the changes in Level 3 assets and liabilities measured at fair value on a recurring basis are summarized as follows: (dollars in thousands) Available for Sale Balance at December 31, 2016 $ 12,196 Principal payments received (183 ) Unrealized net gain included in other comprehensive income 176 Balance at June 30, 2017 $ 12,189 Balance at December 31, 2015 $ 12,479 Principal payments received (166 ) Unrealized net gain included in other comprehensive income 1,002 Balance at June 30, 2016 $ 13,315
Schedule of level of valuation assumptions used to determine the fair value of assets measured on a nonrecurring basis	the level of valuation assumptions used to determine the respective fair values as of June 30, 2017 and December 31, 2016 : Fair Value Measurements Using (dollars in thousands) Fair Value Quoted Prices Significant Significant June 30, 2017 Impaired loans (1) $ 28,058 $ — $ 28,058 $ — Mortgage servicing rights 17,024 — — 17,024 Other real estate (2) 1,008 — 1,008 — December 31, 2016 Impaired loans (1) $ 30,723 $ — $ 30,723 $ — Mortgage servicing rights 18,087 — — 18,087 Other real estate (2) 791 — 791 — (1) Represents carrying value and related write-downs of loans for which adjustments are based on agreed upon purchase prices for the loans or the appraised value of the collateral. (2) Represents other real estate that is carried at the lower of carrying value or fair value less costs to sell. Fair value is generally based upon independent market prices or appraised values of the collateral.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Schedule of segment profits (losses) and assets	Segment profits and assets are provided in the following table for the periods indicated. (dollars in thousands) Banking Treasury All Others Total Three Months Ended June 30, 2017 Net interest income $ 34,558 $ 7,071 $ — $ 41,629 Inter-segment net interest income (expense) 8,161 (6,339 ) (1,822 ) — Credit for loan and lease losses 2,282 — — 2,282 Other operating income 5,844 (933 ) 2,959 7,870 Other operating expense (14,835 ) (322 ) (17,178 ) (32,335 ) Administrative and overhead expense allocation (15,021 ) (228 ) 15,249 — Income before taxes 20,989 (751 ) (792 ) 19,446 Income tax (expense) benefit (7,964 ) 240 303 (7,421 ) Net income (loss) $ 13,025 $ (511 ) $ (489 ) $ 12,025 (dollars in thousands) Banking Treasury All Others Total Three Months Ended June 30, 2016 Net interest income $ 31,985 $ 7,624 $ — $ 39,609 Inter-segment net interest income (expense) 9,435 (6,900 ) (2,535 ) — Credit for loan and lease losses 1,382 — — 1,382 Other operating income 6,493 1,397 2,047 9,937 Other operating expense (14,904 ) (439 ) (17,117 ) (32,460 ) Administrative and overhead expense allocation (16,709 ) (194 ) 16,903 — Income before taxes 17,682 1,488 (702 ) 18,468 Income tax (expense) benefit (6,078 ) (513 ) 260 (6,331 ) Net income (loss) $ 11,604 $ 975 $ (442 ) $ 12,137 (dollars in thousands) Banking Treasury All Others Total Six Months Ended June 30, 2017 Net interest income $ 68,648 $ 14,236 $ — $ 82,884 Inter-segment net interest income (expense) 16,088 (12,529 ) (3,559 ) — Credit for loan and lease losses 2,362 — — 2,362 Other operating income 11,568 328 5,988 17,884 Other operating expense (29,853 ) (710 ) (33,232 ) (63,795 ) Administrative and overhead expense allocation (28,725 ) (430 ) 29,155 — Income before taxes 40,088 895 (1,648 ) 39,335 Income tax (expense) benefit (14,504 ) (324 ) 597 (14,231 ) Net income (loss) $ 25,584 $ 571 $ (1,051 ) $ 25,104 (dollars in thousands) Banking Treasury All Others Total Six Months Ended June 30, 2016 Net interest income $ 62,936 $ 15,884 $ — $ 78,820 Inter-segment net interest income (expense) 19,993 (13,917 ) (6,076 ) — Credit for loan and lease losses 2,129 — — 2,129 Other operating income 12,027 2,142 4,424 18,593 Other operating expense (29,647 ) (827 ) (33,352 ) (63,826 ) Administrative and overhead expense allocation (28,141 ) (390 ) 28,531 — Income before taxes 39,297 2,892 (6,473 ) 35,716 Income tax (expense) benefit (13,644 ) (1,004 ) 2,250 (12,398 ) Net income $ 25,653 $ 1,888 $ (4,223 ) $ 23,318 (dollars in thousands) Banking Treasury All Others Total At June 30, 2017: Investment securities $ — $ 1,520,483 $ — $ 1,520,483 Loans and leases (including loans held for sale) 3,605,023 — — 3,605,023 Other 40,235 284,343 83,051 407,629 Total assets $ 3,645,258 $ 1,804,826 $ 83,051 $ 5,533,135 (dollars in thousands) Banking Treasury All Others Total At December 31, 2016: Investment securities $ — $ 1,461,515 $ — $ 1,461,515 Loans and leases (including loans held for sale) 3,556,771 — — 3,556,771 Other 56,482 241,387 68,081 365,950 Total assets $ 3,613,253 $ 1,702,902 $ 68,081 $ 5,384,236

SUMMARY OF SIGNIFICANT ACCOUN42

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Acquired Indefinite-lived Intangible Assets [Line Items]
Equity Method Investments	$ 0.4	$ 0.7
Cost Method Investments	$ 5.8	$ 6.2
Gentry Home Loans L L C
Acquired Indefinite-lived Intangible Assets [Line Items]
Percentage of equity method investment ownership interest	50.00%
Pacific Access Mortgage L L C
Acquired Indefinite-lived Intangible Assets [Line Items]
Percentage of equity method investment ownership interest	50.00%
Haseko Home Loans L L C
Acquired Indefinite-lived Intangible Assets [Line Items]
Percentage of equity method investment ownership interest	50.00%
Island Pacific HomeLoans, LLC
Acquired Indefinite-lived Intangible Assets [Line Items]
Percentage of equity method investment ownership interest	50.00%
Primary Beneficiary | One Hawaii HomeLoans, LLC
Acquired Indefinite-lived Intangible Assets [Line Items]
Ownership interest acquired		50.00%

INVESTMENT SECURITIES (Availabl

INVESTMENT SECURITIES (Available for Sale and Held to Maturity Investment Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Held-to-Maturity:
Amortized Cost	$ 204,588	$ 217,668
Gross unrealized gains	585	92
Gross unrealized losses	(1,839)	(3,394)
Fair value	203,334	214,366
Available for Sale
Amortized cost	1,310,721	1,246,728
Gross unrealized gains	13,221	9,784
Gross unrealized losses	(8,047)	(12,665)
Fair value	1,315,895	1,243,847
Residential - U.S. Government-sponsored entities
Held-to-Maturity:
Amortized Cost	112,053	124,082
Gross unrealized gains	110	92
Gross unrealized losses	(1,839)	(2,474)
Fair value	110,324	121,700
Available for Sale
Amortized cost	791,720	775,803
Gross unrealized gains	3,526	3,698
Gross unrealized losses	(6,908)	(9,515)
Fair value	788,338	769,986
Commercial - U.S. Government agencies and sponsored entities
Available for Sale
Amortized cost	32,659
Gross unrealized gains	73
Gross unrealized losses	(184)
Fair value	32,548
Commercial - U.S. Government-sponsored entities
Held-to-Maturity:
Amortized Cost	92,535	93,586
Gross unrealized gains	475	0
Gross unrealized losses	0	(920)
Fair value	93,010	92,666
States and political subdivisions
Available for Sale
Amortized cost	182,853	184,836
Gross unrealized gains	3,350	2,002
Gross unrealized losses	(521)	(1,797)
Fair value	185,682	185,041
Corporate securities
Available for Sale
Amortized cost	92,827	98,596
Gross unrealized gains	1,325	974
Gross unrealized losses	(80)	(181)
Fair value	94,072	99,389
U.S. Treasury obligations and direct obligations of U.S Government agencies
Available for Sale
Amortized cost	26,395
Gross unrealized gains	114
Gross unrealized losses	(3)
Fair value	26,506
Residential - Non-government agencies
Available for Sale
Amortized cost	48,420	51,681
Gross unrealized gains	773	627
Gross unrealized losses	(239)	(761)
Fair value	48,954	51,547
Commercial - Non-government agencies
Available for Sale
Amortized cost	135,153	135,248
Gross unrealized gains	3,945	2,387
Gross unrealized losses	(112)	(411)
Fair value	138,986	137,224
Other
Available for Sale
Amortized cost	694	564
Gross unrealized gains	115	96
Gross unrealized losses	0	0
Fair value	$ 809	$ 660

INVESTMENT SECURITIES (Amortize

INVESTMENT SECURITIES (Amortized Cost and Estimated Fair Value of Investment Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Held to Maturity, Amortized Cost
Mortgage-backed securities	$ 204,588
Held to Maturity, Estimated Fair Value
Mortgage-backed securities	203,334
Available for Sale, Amortized Cost
Due in one year or less	8,807
Due after one year through five years	144,860
Due after five years through ten years	53,401
Due after ten years	95,007
Total	1,310,721
Available for Sale, Estimated Fair Value
Due in one year or less	8,866
Due after one year through five years	146,731
Due after five years through ten years	54,410
Due after ten years	96,253
Available-for-sale, at fair value	1,315,895	$ 1,243,847
Residential - U.S. Government-sponsored entities
Held to Maturity, Amortized Cost
Mortgage-backed securities	112,053
Held to Maturity, Estimated Fair Value
Mortgage-backed securities	110,324
Available for Sale, Amortized Cost
Mortgage-backed securities	791,720
Available for Sale, Estimated Fair Value
Mortgage-backed securities	788,338
Available-for-sale, at fair value	788,338	769,986
Commercial - U.S. Government agencies and sponsored entities
Available for Sale, Amortized Cost
Mortgage-backed securities	32,659
Available for Sale, Estimated Fair Value
Mortgage-backed securities	32,548
Available-for-sale, at fair value	32,548
Commercial - U.S. Government-sponsored entities
Held to Maturity, Amortized Cost
Mortgage-backed securities	92,535
Held to Maturity, Estimated Fair Value
Mortgage-backed securities	93,010
Residential - Non-government agencies
Available for Sale, Amortized Cost
Mortgage-backed securities	48,420
Available for Sale, Estimated Fair Value
Mortgage-backed securities	48,954
Available-for-sale, at fair value	48,954	51,547
Commercial - Non-government agencies
Available for Sale, Amortized Cost
Mortgage-backed securities	135,153
Available for Sale, Estimated Fair Value
Mortgage-backed securities	138,986
Available-for-sale, at fair value	138,986	137,224
Other
Available for Sale, Amortized Cost
Other	694
Available for Sale, Estimated Fair Value
Other	809
Available-for-sale, at fair value	$ 809	$ 660

INVESTMENT SECURITIES (Narrativ

INVESTMENT SECURITIES (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Available-for-sale securities sold	$ 97,700
Purchases of investment securities available for sale	$ 97,400	$ 253,372	$ 46,215
Average term of securities sold	3 years 3 months 18 days
Average yield of securities sold	1.91%
Gross proceeds from available-for-sale investment securities	$ 96,000
Average term of securities acquired	4 years 7 months 6 days
Average yield of securities acquired	2.57%
Gross realized losses on sale of available-for-sale investment securities	$ 1,600
Investment securities pledged as collateral	$ 1,020,000	$ 1,020,000		$ 1,050,000

INVESTMENT SECURITIES (Investme

INVESTMENT SECURITIES (Investment Securities at an Unrealized Loss Position) (Details) $ in Thousands	Jun. 30, 2017USD ($)security	Dec. 31, 2016USD ($)security
Investments, Debt and Equity Securities [Abstract]
Number of investment securities in an unrealized loss position | security	138	242
Total temporary impaired securities
Less than 12 months, Fair Value	$ 620,438	$ 930,710
Less than 12 months, Unrealized Losses	(9,418)	(15,836)
12 months or longer, Fair Value	17,226	3,978
12 months or longer, Unrealized Losses	(468)	(223)
Total, Fair Value	637,664	934,688
Total, Unrealized Losses	(9,886)	(16,059)
States and political subdivisions
Total temporary impaired securities
Less than 12 months, Fair Value	38,303	85,288
Less than 12 months, Unrealized Losses	(497)	(1,797)
12 months or longer, Fair Value	1,126	0
12 months or longer, Unrealized Losses	(24)	0
Total, Fair Value	39,429	85,288
Total, Unrealized Losses	(521)	(1,797)
Corporate securities
Total temporary impaired securities
Less than 12 months, Fair Value	0	20,357
Less than 12 months, Unrealized Losses	0	(181)
12 months or longer, Fair Value	5,353	0
12 months or longer, Unrealized Losses	(80)	0
Total, Fair Value	5,353	20,357
Total, Unrealized Losses	(80)	(181)
U.S. Treasury obligations and direct obligations of U.S Government agencies
Total temporary impaired securities
Less than 12 months, Fair Value	3,380
Less than 12 months, Unrealized Losses	(3)
12 months or longer, Fair Value	0
12 months or longer, Unrealized Losses	0
Total, Fair Value	3,380
Total, Unrealized Losses	(3)
Residential - U.S. Government-sponsored entities
Total temporary impaired securities
Less than 12 months, Fair Value	547,203	648,923
Less than 12 months, Unrealized Losses	(8,383)	(11,766)
12 months or longer, Fair Value	10,747	3,978
12 months or longer, Unrealized Losses	(364)	(223)
Total, Fair Value	557,950	652,901
Total, Unrealized Losses	(8,747)	(11,989)
Residential - Non-government agencies
Total temporary impaired securities
Less than 12 months, Fair Value	10,506	30,596
Less than 12 months, Unrealized Losses	(239)	(761)
12 months or longer, Fair Value	0	0
12 months or longer, Unrealized Losses	0	0
Total, Fair Value	10,506	30,596
Total, Unrealized Losses	(239)	(761)
Commercial - U.S. Government-sponsored entities
Total temporary impaired securities
Less than 12 months, Fair Value	11,548	92,666
Less than 12 months, Unrealized Losses	(184)	(920)
12 months or longer, Fair Value	0	0
12 months or longer, Unrealized Losses	0	0
Total, Fair Value	11,548	92,666
Total, Unrealized Losses	(184)	(920)
Commercial - Non-government agencies
Total temporary impaired securities
Less than 12 months, Fair Value	9,498	52,880
Less than 12 months, Unrealized Losses	(112)	(411)
12 months or longer, Fair Value	0	0
12 months or longer, Unrealized Losses	0	0
Total, Fair Value	9,498	52,880
Total, Unrealized Losses	$ (112)	$ (411)

LOANS AND LEASES (Loans and Lea

LOANS AND LEASES (Loans and Leases) (Details) $ in Thousands	1 Months Ended				6 Months Ended
	May 31, 2017USD ($)	Mar. 31, 2017USD ($)	May 31, 2016USD ($)	Mar. 31, 2016USD ($)	Jun. 30, 2017USD ($)loan	Jun. 30, 2016USD ($)loan	Dec. 31, 2016USD ($)
LOANS AND LEASES
Loans and leases, gross					$ 3,589,891		$ 3,522,811
Net deferred costs					1,844		2,079
Total loans and leases, net of deferred costs					$ 3,591,735		3,524,890
Number of loans foreclosed during period | loan					1	1
Foreclosures during period					$ 100	$ 500
Number of loans transferred to held-for-sale | loan					0	0
Number of loans sold | loan					0	0
Commercial, Financial & Agricultural
LOANS AND LEASES
Loans and leases, gross					$ 499,693		509,987
Net deferred costs					199		453
Total loans and leases, net of deferred costs					499,892		510,440
Real Estate | Construction
LOANS AND LEASES
Loans and leases, gross					94,324		101,729
Net deferred costs					(487)		(191)
Total loans and leases, net of deferred costs					93,837		101,538
Real Estate | Home Equity
LOANS AND LEASES
Loans and leases, gross					394,721		361,210
Net deferred costs					(1)		(1)
Total loans and leases, net of deferred costs					394,720		361,209
Real Estate | Residential Mortgage
LOANS AND LEASES
Loans and leases, gross					1,246,159		1,213,983
Net deferred costs					3,458		3,251
Total loans and leases, net of deferred costs					1,249,617		1,217,234
Real Estate | Commercial Mortgage
LOANS AND LEASES
Loans and leases, gross					896,221		886,615
Net deferred costs					(1,209)		(1,176)
Total loans and leases, net of deferred costs					895,012		885,439
Consumer
LOANS AND LEASES
Payments to acquire loans receivable			$ 6,900	$ 28,800
Weighted average remaining term			37 months	38 months
Consumer | Weighted average
LOANS AND LEASES
Weighted average yield	2.67%	2.60%	2.50%	2.63%
Consumer | Automobiles
LOANS AND LEASES
Loans and leases, gross					256,858		212,926
Net deferred costs					0		0
Total loans and leases, net of deferred costs					256,858		212,926
Payments to acquire loans receivable	$ 26,600	$ 24,100	$ 18,000	$ 23,200
Premium over loan outstanding balance	900	400	500	300
Consumer | Other consumer
LOANS AND LEASES
Loans and leases, gross					201,392		235,684
Net deferred costs					(116)		(257)
Total loans and leases, net of deferred costs					201,276		235,427
Consumer | Uncollateralized | Automobiles
LOANS AND LEASES
Loans and leases, gross	$ 25,700	$ 23,800	$ 17,500	$ 22,900
Weighted average remaining term	77 months	55 months	75 months	56 months
Weighted average yield				5.55%
Consumer | Uncollateralized | Automobiles | Weighted average
LOANS AND LEASES
Weighted average yield			5.57%
Leases
LOANS AND LEASES
Loans and leases, gross					523		677
Net deferred costs					0		0
Total loans and leases, net of deferred costs					523		677
Special Mention
LOANS AND LEASES
Loans and leases, gross					35,332		31,482
Special Mention | Commercial, Financial & Agricultural
LOANS AND LEASES
Loans and leases, gross					2,106		2,632
Special Mention | Real Estate | Construction
LOANS AND LEASES
Loans and leases, gross					10,604		9,896
Special Mention | Real Estate | Home Equity
LOANS AND LEASES
Loans and leases, gross					0		0
Special Mention | Real Estate | Residential Mortgage
LOANS AND LEASES
Loans and leases, gross					0		109
Special Mention | Real Estate | Commercial Mortgage
LOANS AND LEASES
Loans and leases, gross					22,622		18,845
Special Mention | Consumer | Automobiles
LOANS AND LEASES
Loans and leases, gross					0		0
Special Mention | Consumer | Other consumer
LOANS AND LEASES
Loans and leases, gross					0		0
Special Mention | Leases
LOANS AND LEASES
Loans and leases, gross					0		0
Substandard
LOANS AND LEASES
Loans and leases, gross					40,656		26,934
Substandard | Commercial, Financial & Agricultural
LOANS AND LEASES
Loans and leases, gross					22,194		5,050
Substandard | Real Estate | Construction
LOANS AND LEASES
Loans and leases, gross					0		21
Substandard | Real Estate | Home Equity
LOANS AND LEASES
Loans and leases, gross					1,509		1,453
Substandard | Real Estate | Residential Mortgage
LOANS AND LEASES
Loans and leases, gross					4,797		5,322
Substandard | Real Estate | Commercial Mortgage
LOANS AND LEASES
Loans and leases, gross					11,900		14,898
Substandard | Consumer | Automobiles
LOANS AND LEASES
Loans and leases, gross					66		50
Substandard | Consumer | Other consumer
LOANS AND LEASES
Loans and leases, gross					190		140
Substandard | Leases
LOANS AND LEASES
Loans and leases, gross					0		0
Loss
LOANS AND LEASES
Loans and leases, gross					64		158
Loss | Commercial, Financial & Agricultural
LOANS AND LEASES
Loans and leases, gross					0		0
Loss | Real Estate | Construction
LOANS AND LEASES
Loans and leases, gross					0		0
Loss | Real Estate | Home Equity
LOANS AND LEASES
Loans and leases, gross					0		0
Loss | Real Estate | Residential Mortgage
LOANS AND LEASES
Loans and leases, gross					0		0
Loss | Real Estate | Commercial Mortgage
LOANS AND LEASES
Loans and leases, gross					0		0
Loss | Consumer | Automobiles
LOANS AND LEASES
Loans and leases, gross					64		158
Loss | Consumer | Other consumer
LOANS AND LEASES
Loans and leases, gross					0		0
Loss | Leases
LOANS AND LEASES
Loans and leases, gross					0		0
Pass
LOANS AND LEASES
Loans and leases, gross					3,513,839		3,464,237
Pass | Commercial, Financial & Agricultural
LOANS AND LEASES
Loans and leases, gross					475,393		502,305
Pass | Real Estate | Construction
LOANS AND LEASES
Loans and leases, gross					83,720		91,812
Pass | Real Estate | Home Equity
LOANS AND LEASES
Loans and leases, gross					393,212		359,757
Pass | Real Estate | Residential Mortgage
LOANS AND LEASES
Loans and leases, gross					1,241,362		1,208,552
Pass | Real Estate | Commercial Mortgage
LOANS AND LEASES
Loans and leases, gross					861,699		852,872
Pass | Consumer | Automobiles
LOANS AND LEASES
Loans and leases, gross					256,728		212,718
Pass | Consumer | Other consumer
LOANS AND LEASES
Loans and leases, gross					201,202		235,544
Pass | Leases
LOANS AND LEASES
Loans and leases, gross					$ 523		$ 677

LOANS AND LEASES (Allowance for

LOANS AND LEASES (Allowance for Loan and Lease Losses) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Allowance:
Ending balance attributable to loans : Individually evaluated for impairment	$ 0		$ 0
Ending balance attributable to loans : Collectively evaluated for impairment	52,828		56,631
Total ending balance	52,828	$ 55,369	56,631	$ 60,764	$ 62,149	$ 63,314
Loans and leases :
Individually evaluated for impairment	28,058		30,723
Collectively evaluated for impairment	3,561,833		3,492,088
Loans and leases	3,589,891		3,522,811
Net deferred costs	1,844		2,079
Total loans and leases, net of deferred costs	3,591,735		3,524,890
Commercial, Financial & Agricultural
Allowance:
Ending balance attributable to loans : Individually evaluated for impairment	0		0
Ending balance attributable to loans : Collectively evaluated for impairment	8,598		8,637
Total ending balance	8,598	8,346	8,637	4,442	7,000	6,905
Loans and leases :
Individually evaluated for impairment	1,265		1,877
Collectively evaluated for impairment	498,428		508,110
Loans and leases	499,693		509,987
Net deferred costs	199		453
Total loans and leases, net of deferred costs	499,892		510,440
Leases
Allowance:
Ending balance attributable to loans : Individually evaluated for impairment	0		0
Ending balance attributable to loans : Collectively evaluated for impairment	0		0
Total ending balance	0	0	0	0	0	0
Loans and leases :
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	523		677
Loans and leases	523		677
Net deferred costs	0		0
Total loans and leases, net of deferred costs	523		677
Unallocated
Allowance:
Total ending balance	0	0	0	2,000	2,000	2,140
Construction | Real Estate
Allowance:
Ending balance attributable to loans : Individually evaluated for impairment	0		0
Ending balance attributable to loans : Collectively evaluated for impairment	3,212		4,224
Total ending balance	3,212	3,718	4,224	3,823	4,128	8,454
Loans and leases :
Individually evaluated for impairment	2,757		2,936
Collectively evaluated for impairment	91,567		98,793
Loans and leases	94,324		101,729
Net deferred costs	(487)		(191)
Total loans and leases, net of deferred costs	93,837		101,538
Residential Mortgage | Real Estate
Allowance:
Ending balance attributable to loans : Individually evaluated for impairment	0		0
Ending balance attributable to loans : Collectively evaluated for impairment	14,034		15,055
Total ending balance	14,034	14,892	15,055	14,192	14,696	14,642
Loans and leases :
Individually evaluated for impairment	17,225		19,940
Collectively evaluated for impairment	1,228,934		1,194,043
Loans and leases	1,246,159		1,213,983
Net deferred costs	3,458		3,251
Total loans and leases, net of deferred costs	1,249,617		1,217,234
Home Equity | Real Estate
Allowance:
Ending balance attributable to loans : Individually evaluated for impairment	0		0
Ending balance attributable to loans : Collectively evaluated for impairment	3,370		3,502
Total ending balance	3,370	3,425	3,502	3,446	3,309	3,096
Loans and leases :
Individually evaluated for impairment	1,509		333
Collectively evaluated for impairment	393,212		360,877
Loans and leases	394,721		361,210
Net deferred costs	(1)		(1)
Total loans and leases, net of deferred costs	394,720		361,209
Commercial Mortgage | Real Estate
Allowance:
Ending balance attributable to loans : Individually evaluated for impairment	0		0
Ending balance attributable to loans : Collectively evaluated for impairment	18,184		19,104
Total ending balance	18,184	19,187	19,104	27,448	25,173	21,847
Loans and leases :
Individually evaluated for impairment	5,302		5,637
Collectively evaluated for impairment	890,919		880,978
Loans and leases	896,221		886,615
Net deferred costs	(1,209)		(1,176)
Total loans and leases, net of deferred costs	895,012		885,439
Automobiles | Consumer
Allowance:
Ending balance attributable to loans : Individually evaluated for impairment	0		0
Ending balance attributable to loans : Collectively evaluated for impairment	2,780		3,000
Total ending balance	2,780	2,976	3,000	2,573	2,723	2,891
Loans and leases :
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	256,858		212,926
Loans and leases	256,858		212,926
Net deferred costs	0		0
Total loans and leases, net of deferred costs	256,858		212,926
Other consumer | Consumer
Allowance:
Ending balance attributable to loans : Individually evaluated for impairment	0		0
Ending balance attributable to loans : Collectively evaluated for impairment	2,650		3,109
Total ending balance	2,650	$ 2,825	3,109	$ 2,840	$ 3,120	$ 3,339
Loans and leases :
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	201,392		235,684
Loans and leases	201,392		235,684
Net deferred costs	(116)		(257)
Total loans and leases, net of deferred costs	$ 201,276		$ 235,427

LOANS AND LEASES (Impaired Loan

LOANS AND LEASES (Impaired Loans) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Unpaid Principal Balance
Total	$ 34,578		$ 34,578		$ 38,582
Recorded Investment
Total	28,058		28,058		30,723
Allowance Allocated
Impaired loans with an allowance recorded	0		0		0
Average recorded investment on impaired loans
Average Recorded Investment	28,560	$ 38,320	29,817	$ 38,118
Interest income recognized on impaired loans
Interest Income Recognized	1,145	90	1,313	158
Commercial, Financial & Agricultural
Unpaid Principal Balance
Impaired loans with no related allowance recorded	1,376		1,376		1,988
Recorded Investment
Impaired loans with no related allowance recorded	1,265		1,265		1,877
Average recorded investment on impaired loans
Average Recorded Investment	1,291	2,176	1,624	1,799
Interest income recognized on impaired loans
Interest Income Recognized	4	10	4	10
Construction | Real Estate
Unpaid Principal Balance
Impaired loans with no related allowance recorded	8,107		8,107		9,056
Recorded Investment
Impaired loans with no related allowance recorded	2,757		2,757		2,936
Average recorded investment on impaired loans
Average Recorded Investment	2,783	3,917	2,841	3,982
Interest income recognized on impaired loans
Interest Income Recognized	24	34	48	70
Residential Mortgage | Real Estate
Unpaid Principal Balance
Impaired loans with no related allowance recorded	18,284		18,284		21,568
Recorded Investment
Impaired loans with no related allowance recorded	17,225		17,225		19,940
Average recorded investment on impaired loans
Average Recorded Investment	17,658	22,718	18,597	22,235
Interest income recognized on impaired loans
Interest Income Recognized	1,070	9	1,167	7
Loans in the process of foreclosure	1,300		1,300		300
Home Equity | Real Estate
Unpaid Principal Balance
Impaired loans with no related allowance recorded	1,509		1,509		333
Recorded Investment
Impaired loans with no related allowance recorded	1,509		1,509		333
Average recorded investment on impaired loans
Average Recorded Investment	1,482	723	1,310	639
Interest income recognized on impaired loans
Interest Income Recognized	1	0	1	0
Commercial Mortgage | Real Estate
Unpaid Principal Balance
Impaired loans with no related allowance recorded	5,302		5,302		5,637
Recorded Investment
Impaired loans with no related allowance recorded	5,302		5,302		$ 5,637
Average recorded investment on impaired loans
Average Recorded Investment	5,346	8,786	5,445	9,463
Interest income recognized on impaired loans
Interest Income Recognized	$ 46	$ 37	$ 93	$ 71

LOANS AND LEASES (Aging of Reco

LOANS AND LEASES (Aging of Recorded Investment) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Nonaccrual Loans	$ 8,034	$ 8,396
Total Past Due and Nonaccrual	13,226	18,577
Loans and Leases Not Past Due	3,578,509	3,506,313
Total loans and leases, net of deferred costs	3,591,735	3,524,890
Commercial, Financial & Agricultural
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Nonaccrual Loans	1,000	1,877
Total Past Due and Nonaccrual	1,278	2,718
Loans and Leases Not Past Due	498,614	507,722
Total loans and leases, net of deferred costs	499,892	510,440
Leases
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Nonaccrual Loans	0	0
Total Past Due and Nonaccrual	0	0
Loans and Leases Not Past Due	523	677
Total loans and leases, net of deferred costs	523	677
Accruing Loans 30 - 59 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	2,204	7,327
Accruing Loans 30 - 59 Days Past Due | Commercial, Financial & Agricultural
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	225	761
Accruing Loans 30 - 59 Days Past Due | Leases
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	0
Accruing Loans 60 - 89 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	2,735	1,463
Accruing Loans 60 - 89 Days Past Due | Commercial, Financial & Agricultural
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	53	80
Accruing Loans 60 - 89 Days Past Due | Leases
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	0
Accruing Loans Greater Than 90 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	253	1,391
Accruing Loans Greater Than 90 Days Past Due | Commercial, Financial & Agricultural
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	0
Accruing Loans Greater Than 90 Days Past Due | Leases
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	0
Residential Mortgage | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Nonaccrual Loans	4,691	5,322
Total Past Due and Nonaccrual	6,578	10,814
Loans and Leases Not Past Due	1,243,039	1,206,420
Total loans and leases, net of deferred costs	1,249,617	1,217,234
Residential Mortgage | Accruing Loans 30 - 59 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	5,014
Residential Mortgage | Accruing Loans 60 - 89 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	1,887	478
Residential Mortgage | Accruing Loans Greater Than 90 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	0
Construction | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Nonaccrual Loans	0	0
Total Past Due and Nonaccrual	0	0
Loans and Leases Not Past Due	93,837	101,538
Total loans and leases, net of deferred costs	93,837	101,538
Construction | Accruing Loans 30 - 59 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	0
Construction | Accruing Loans 60 - 89 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	0
Construction | Accruing Loans Greater Than 90 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	0
Home Equity | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Nonaccrual Loans	1,509	333
Total Past Due and Nonaccrual	1,908	1,776
Loans and Leases Not Past Due	392,812	359,433
Total loans and leases, net of deferred costs	394,720	361,209
Home Equity | Accruing Loans 30 - 59 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	216	43
Home Equity | Accruing Loans 60 - 89 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	183	280
Home Equity | Accruing Loans Greater Than 90 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	1,120
Commercial Mortgage | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Nonaccrual Loans	834	864
Total Past Due and Nonaccrual	917	991
Loans and Leases Not Past Due	894,095	884,448
Total loans and leases, net of deferred costs	895,012	885,439
Commercial Mortgage | Accruing Loans 30 - 59 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	83	127
Commercial Mortgage | Accruing Loans 60 - 89 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	0
Commercial Mortgage | Accruing Loans Greater Than 90 Days Past Due | Real Estate
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	0	0
Automobiles | Consumer
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Nonaccrual Loans	0	0
Total Past Due and Nonaccrual	1,346	1,304
Loans and Leases Not Past Due	255,512	211,622
Total loans and leases, net of deferred costs	256,858	212,926
Automobiles | Accruing Loans 30 - 59 Days Past Due | Consumer
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	972	743
Automobiles | Accruing Loans 60 - 89 Days Past Due | Consumer
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	244	353
Automobiles | Accruing Loans Greater Than 90 Days Past Due | Consumer
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	130	208
Consumer - Other | Consumer
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Nonaccrual Loans	0	0
Total Past Due and Nonaccrual	1,199	974
Loans and Leases Not Past Due	200,077	234,453
Total loans and leases, net of deferred costs	201,276	235,427
Consumer - Other | Accruing Loans 30 - 59 Days Past Due | Consumer
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	708	639
Consumer - Other | Accruing Loans 60 - 89 Days Past Due | Consumer
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	368	272
Consumer - Other | Accruing Loans Greater Than 90 Days Past Due | Consumer
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Past Due, Accuing Loans	$ 123	$ 63

LOANS AND LEASES (Modifications

LOANS AND LEASES (Modifications) (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017USD ($)loan	Jun. 30, 2016loan	Jun. 30, 2017USD ($)loancontract	Jun. 30, 2016loan	Dec. 31, 2016USD ($)
Loans modified as a TDR within the previous twelve months that subsequently defaulted
Number of loans were modified as a TDR within the previous twelve months that subsequently defaulted | loan	0	0	0	0
Accruing Loans Greater Than 90 Days Past Due
Information related to loans modified in a TDR
Financing Receivable, Recorded Investment, Past Due	$ 253,000		$ 253,000		$ 1,391,000
Commercial, Financial & Agricultural | Accruing Loans Greater Than 90 Days Past Due
Information related to loans modified in a TDR
Financing Receivable, Recorded Investment, Past Due	0		0		0
Nonperforming Financial Instruments
Information related to loans modified in a TDR
Commitments to lend additional funds	0		0
Amount of TDRs still accruing interest	14,200,000		$ 14,200,000		$ 20,300,000
Holding period limit for accruing interest on TDRs			90 days		90 days
Nonperforming Financial Instruments | HAWAII
Information related to loans modified in a TDR
Principal balances of troubled debt restructurings included in nonperforming assets	3,800,000		$ 3,800,000
Nonperforming Financial Instruments | Accruing Loans Greater Than 90 Days Past Due
Information related to loans modified in a TDR
Financing Receivable, Recorded Investment, Past Due	0		$ 0		$ 0
Nonperforming Financial Instruments | Commercial, Financial & Agricultural | HAWAII
Information related to loans modified in a TDR
Number of TDRs included in nonperforming assets | loan			2
Principal balances of troubled debt restructurings included in nonperforming assets	1,000,000		$ 1,000,000
Nonperforming Financial Instruments | Resi Mortgage | HAWAII
Information related to loans modified in a TDR
Number of TDRs included in nonperforming assets | loan			12
Principal balances of troubled debt restructurings included in nonperforming assets	2,800,000		$ 2,800,000
Residential Mortgage | Real Estate
Information related to loans modified in a TDR
Number of TDRs included in nonperforming assets | contract			1
Recorded Investment			$ 653,000
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down			0
Residential Mortgage | Real Estate | Accruing Loans Greater Than 90 Days Past Due
Information related to loans modified in a TDR
Financing Receivable, Recorded Investment, Past Due	0		0		0
Commercial Mortgage | Real Estate | Accruing Loans Greater Than 90 Days Past Due
Information related to loans modified in a TDR
Financing Receivable, Recorded Investment, Past Due	$ 0		$ 0		$ 0

LOANS AND LEASES (Class and Cre

LOANS AND LEASES (Class and Credit Indicator) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	$ 3,589,891	$ 3,522,811
Net deferred costs	1,844	2,079
Total loans and leases, net of deferred costs	3,591,735	3,524,890
Commercial, Financial & Agricultural
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	499,693	509,987
Net deferred costs	199	453
Total loans and leases, net of deferred costs	499,892	510,440
Leases
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	523	677
Net deferred costs	0	0
Total loans and leases, net of deferred costs	523	677
Pass
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	3,513,839	3,464,237
Pass | Commercial, Financial & Agricultural
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	475,393	502,305
Pass | Leases
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	523	677
Special Mention
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	35,332	31,482
Special Mention | Commercial, Financial & Agricultural
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	2,106	2,632
Special Mention | Leases
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	0
Substandard
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	40,656	26,934
Substandard | Commercial, Financial & Agricultural
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	22,194	5,050
Substandard | Leases
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	0
Loss
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	64	158
Loss | Commercial, Financial & Agricultural
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	0
Loss | Leases
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	0
Construction | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	94,324	101,729
Net deferred costs	(487)	(191)
Total loans and leases, net of deferred costs	93,837	101,538
Construction | Pass | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	83,720	91,812
Construction | Special Mention | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	10,604	9,896
Construction | Substandard | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	21
Construction | Loss | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	0
Residential Mortgage | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	1,246,159	1,213,983
Net deferred costs	3,458	3,251
Total loans and leases, net of deferred costs	1,249,617	1,217,234
Residential Mortgage | Pass | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	1,241,362	1,208,552
Residential Mortgage | Special Mention | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	109
Residential Mortgage | Substandard | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	4,797	5,322
Residential Mortgage | Loss | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	0
Home Equity | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	394,721	361,210
Net deferred costs	(1)	(1)
Total loans and leases, net of deferred costs	394,720	361,209
Home Equity | Pass | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	393,212	359,757
Home Equity | Special Mention | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	0
Home Equity | Substandard | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	1,509	1,453
Home Equity | Loss | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	0
Commercial Mortgage | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	896,221	886,615
Net deferred costs	(1,209)	(1,176)
Total loans and leases, net of deferred costs	895,012	885,439
Commercial Mortgage | Pass | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	861,699	852,872
Commercial Mortgage | Special Mention | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	22,622	18,845
Commercial Mortgage | Substandard | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	11,900	14,898
Commercial Mortgage | Loss | Real Estate
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	0
Automobiles | Consumer
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	256,858	212,926
Net deferred costs	0	0
Total loans and leases, net of deferred costs	256,858	212,926
Automobiles | Pass | Consumer
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	256,728	212,718
Automobiles | Special Mention | Consumer
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	0
Automobiles | Substandard | Consumer
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	66	50
Automobiles | Loss | Consumer
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	64	158
Other consumer | Consumer
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	201,392	235,684
Net deferred costs	(116)	(257)
Total loans and leases, net of deferred costs	201,276	235,427
Other consumer | Pass | Consumer
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	201,202	235,544
Other consumer | Special Mention | Consumer
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	0	0
Other consumer | Substandard | Consumer
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	190	140
Other consumer | Loss | Consumer
Recorded investment in the loans and leases, by class and credit indicator
Loans and leases, gross	$ 0	$ 0

ALLOWANCE FOR LOAN AND LEASE 53

ALLOWANCE FOR LOAN AND LEASE LOSSES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Changes in the allowance
Beginning balance	$ 55,369	$ 62,149	$ 56,631	$ 63,314
Provision (credit) for loan and lease losses	(2,282)	(1,382)	(2,362)	(2,129)
Subtotal	53,087	60,767	54,269	61,185
Charge-offs	1,807	1,407	3,804	2,871
Recoveries	1,548	1,404	2,363	2,450
Net charge-offs (recoveries)	259	3	1,441	421
Ending balance	52,828	60,764	52,828	60,764
Commercial, Financial & Agricultural
Changes in the allowance
Beginning balance	8,346	7,000	8,637	6,905
Provision (credit) for loan and lease losses	353	(3,006)	287	(2,908)
Subtotal	8,699	3,994	8,924	3,997
Charge-offs	337	272	837	624
Recoveries	236	720	511	1,069
Net charge-offs (recoveries)	101	(448)	326	(445)
Ending balance	8,598	4,442	8,598	4,442
Leases
Changes in the allowance
Beginning balance	0	0	0	0
Provision (credit) for loan and lease losses	0	0	0	0
Subtotal	0	0	0	0
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net charge-offs (recoveries)	0	0	0	0
Ending balance	0	0	0	0
Unallocated
Changes in the allowance
Beginning balance	0	2,000	0	2,140
Provision (credit) for loan and lease losses	0	0	0	(140)
Subtotal	0	2,000	0	2,000
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net charge-offs (recoveries)	0	0	0	0
Ending balance	0	2,000	0	2,000
Construction | Real Estate
Changes in the allowance
Beginning balance	3,718	4,128	4,224	8,454
Provision (credit) for loan and lease losses	(562)	(314)	(1,089)	(4,649)
Subtotal	3,156	3,814	3,135	3,805
Charge-offs	0	0	0	0
Recoveries	56	9	77	18
Net charge-offs (recoveries)	(56)	(9)	(77)	(18)
Ending balance	3,212	3,823	3,212	3,823
Residential Mortgage | Real Estate
Changes in the allowance
Beginning balance	14,892	14,696	15,055	14,642
Provision (credit) for loan and lease losses	(1,495)	(677)	(1,754)	(656)
Subtotal	13,397	14,019	13,301	13,986
Charge-offs	0	0	0	0
Recoveries	637	173	733	206
Net charge-offs (recoveries)	(637)	(173)	(733)	(206)
Ending balance	14,034	14,192	14,034	14,192
Home Equity | Real Estate
Changes in the allowance
Beginning balance	3,425	3,309	3,502	3,096
Provision (credit) for loan and lease losses	(82)	133	(161)	342
Subtotal	3,343	3,442	3,341	3,438
Charge-offs	0	0	0	0
Recoveries	27	4	29	8
Net charge-offs (recoveries)	(27)	(4)	(29)	(8)
Ending balance	3,370	3,446	3,370	3,446
Commercial Mortgage | Real Estate
Changes in the allowance
Beginning balance	19,187	25,173	19,104	21,847
Provision (credit) for loan and lease losses	(1,131)	2,261	(1,059)	5,574
Subtotal	18,056	27,434	18,045	27,421
Charge-offs	0	0	0	0
Recoveries	128	14	139	27
Net charge-offs (recoveries)	(128)	(14)	(139)	(27)
Ending balance	18,184	27,448	18,184	27,448
Consumer - Auto | Consumer
Changes in the allowance
Beginning balance	2,976	2,723	3,000	2,891
Provision (credit) for loan and lease losses	(128)	(158)	174	(139)
Subtotal	2,848	2,565	3,174	2,752
Charge-offs	352	358	872	738
Recoveries	284	366	478	559
Net charge-offs (recoveries)	68	(8)	394	179
Ending balance	2,780	2,573	2,780	2,573
Consumer - Other | Consumer
Changes in the allowance
Beginning balance	2,825	3,120	3,109	3,339
Provision (credit) for loan and lease losses	763	379	1,240	447
Subtotal	3,588	3,499	4,349	3,786
Charge-offs	1,118	777	2,095	1,509
Recoveries	180	118	396	563
Net charge-offs (recoveries)	938	659	1,699	946
Ending balance	$ 2,650	$ 2,840	$ 2,650	$ 2,840

SECURITIZATIONS (Details)

SECURITIZATIONS (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
SECURITIZATIONS
Mortgage servicing rights	$ 15,932	$ 15,779
Significant Other Observable Inputs (Level 2)
SECURITIZATIONS
Mortgage servicing rights	0	0
Real estate, Mortgage - residential | Significant Other Observable Inputs (Level 2)
SECURITIZATIONS
Mortgage servicing rights	1,500	2,000
Unrealized gains recorded in AOCI	$ 100	$ 100

INVESTMENTS IN UNCONSOLIDATED55

INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2016
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures, Investments in Low Income Housing Tax Credit Partnerships	$ 2,896		$ 2,896				$ 3,353
Trust preferred investments	2,792		2,792				2,792
Investments in affiliates	447		447				690
Other	54		54				54
Investment in unconsolidated subsidiaries	6,189		6,189				$ 6,889
Other Commitment	1,700		1,700
Estimated Affordable Housing Program Expense [Line Items]
Amortization expense in pretax income	223	$ 258	456	$ 515
Income tax credits and adjustments	$ 260	$ 292	$ 526	$ 585
Scenario, Forecast [Member]
Estimated Affordable Housing Program Expense [Line Items]
Expected to be paid					$ 700	$ 1,000

OTHER INTANGIBLE ASSETS (Detail

OTHER INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016
OTHER INTANGIBLE ASSETS
Income generated as a result of new mortgage servicing rights reported as gains on sale of loans	$ 1,084	$ 1,845	$ 2,396	$ 3,311
Changes in other intangible assets
Balance, beginning of period			20,459
Additions			1,220
Amortization			(2,404)
Balance, end of period	19,275		19,275
Gross carrying value, accumulated amortization and net carrying value related to intangible assets
Gross Carrying Value					$ 107,911	$ 106,691
Accumulated Amortization					(88,636)	(86,232)
Other intangible assets	19,275		20,459		19,275	20,459
Estimated Amortization Expense
2017 (remainder)					2,630
2,018					4,154
2,019					1,767
2,020					1,448
2,021					1,201
2,022					1,039
Thereafter					7,036
Other intangible assets	19,275		20,459		19,275	20,459
Core Deposit Premium
Changes in other intangible assets
Balance, beginning of period			4,680
Additions			0
Amortization			(1,337)
Balance, end of period	3,343		3,343
Gross carrying value, accumulated amortization and net carrying value related to intangible assets
Gross Carrying Value					44,642	44,642
Accumulated Amortization					(41,299)	(39,962)
Other intangible assets	3,343		4,680		3,343	4,680
Estimated Amortization Expense
2017 (remainder)					1,337
2,018					2,006
2,019					0
2,020					0
2,021					0
2,022					0
Thereafter					0
Other intangible assets	3,343		4,680		3,343	4,680
Mortgage Servicing Rights
OTHER INTANGIBLE ASSETS
Income generated as a result of new mortgage servicing rights reported as gains on sale of loans	600	700	1,200	1,200
Changes in other intangible assets
Balance, beginning of period			15,779
Additions			1,220
Amortization	(500)	(1,800)	(1,067)	(3,300)
Balance, end of period	15,932		15,932
Fair market value and key assumptions used in determining the fair market value
Fair market value, beginning of period			18,087	18,345
Fair market value, end of period	17,024	$ 16,123	$ 17,024	$ 16,123
Weighted average discount rate			9.50%	9.50%
Forecasted constant prepayment rate assumption			16.10%	16.50%
Gross carrying value, accumulated amortization and net carrying value related to intangible assets
Gross Carrying Value					63,269	62,049
Accumulated Amortization					(47,337)	(46,270)
Other intangible assets	15,932		$ 15,779		15,932	15,779
Estimated Amortization Expense
2017 (remainder)					1,293
2,018					2,148
2,019					1,767
2,020					1,448
2,021					1,201
2,022					1,039
Thereafter					7,036
Other intangible assets	$ 15,932		$ 15,779		$ 15,932	$ 15,779

DERIVATIVES (Details)

DERIVATIVES (Details) - Derivatives Not Designated as Hedging Instruments $ in Millions	Jun. 30, 2017USD ($)
Interest rate lock commitments
DERIVATIVES
Mortgage loans hedged	$ 3.3
Forward sale commitments
DERIVATIVES
Mortgage loans hedged	$ 15.1

DERIVATIVES (Balance Sheet) (De

DERIVATIVES (Balance Sheet) (Details) - Derivatives Not Designated as Hedging Instruments - Interest rate lock and forward sale commitments - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Asset Derivatives
Fair Value	$ 51	$ 260
Liability Derivatives
Fair Value	$ 36	$ 118

DERIVATIVES (Income Statement)

DERIVATIVES (Income Statement) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
DERIVATIVES
Unrealized gain (loss) on interest rate locks	$ 80	$ (29)	$ (127)	$ (108)
Mortgage banking income | Derivatives Not Designated as Hedging Instruments | Derivatives Not in Cash Flow Hedging Relationship | Interest rate lock and forward sale commitments
DERIVATIVES
Unrealized gain (loss) on interest rate locks	80	$ (29)	$ (127)	$ (108)
Other income | Derivatives Not Designated as Hedging Instruments | Derivatives Not in Cash Flow Hedging Relationship | Loans held-for-sale
DERIVATIVES
Unrealized gain (loss) on interest rate locks	$ 0

SHORT-TERM BORROWINGS AND LON60

SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
LONG-TERM DEBT
Short-term borrowings	$ 0	$ 135,000,000
Long term borrowings	92,785,000	92,785,000
Investment securities pledged as collateral	1,020,000,000	1,050,000,000
Federal Home Loan Bank Borrowings
LONG-TERM DEBT
Line of Credit, maximum borrowing capacity	1,471,055,478	1,412,190,268
Unused borrowings available	1,470,000,000	1,280,000,000
Short-term borrowings	0	135,000,000
Long term borrowings		0
Commercial real estate and commercial loans pledged as collateral	1,910,000,000
Federal Reserve discount window line of credit
LONG-TERM DEBT
Unused borrowings available	68,600,000	63,700,000
Commercial real estate and commercial loans pledged as collateral	$ 128,700,000	$ 129,900,000

EQUITY (Details)

EQUITY (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jan. 31, 2017	Dec. 31, 2016	Jan. 31, 2016
EQUITY
Par value (in dollars per share)	$ 0		$ 0			$ 0
Shares of common stock repurchased			362,371	233,722
Common stock, par value (in dollars per share)	$ 0		$ 0			$ 0
Other operating expense	$ 3,860,000	$ 4,270,000	$ 7,637,000	$ 7,980,000
Central Pacific Bank
EQUITY
Statutory retained earnings	88,600,000		88,600,000
Common Stock | 2016 Repurchase Plan
EQUITY
Up to value of shares repurchased			$ 100,000
Shares of common stock repurchased			1,750
Amount authorized under the Repurchase Plan					$ 30,000,000		$ 30,000,000
Common Stock | 2017 Repurchase Plan
EQUITY
Up to value of shares repurchased	$ 11,200,000
Shares of common stock repurchased	360,621

MORTGAGE BANKING INCOME (Detail

MORTGAGE BANKING INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Other Income and Expenses [Abstract]
Loan servicing fees	$ 1,340	$ 1,362	$ 2,698	$ 2,724
Amortization of mortgage servicing rights	(547)	(1,755)	(1,067)	(3,264)
Gain on sale of residential mortgage loans	1,084	1,845	2,396	3,311
Unrealized gain (loss) on interest rate locks	80	(29)	(127)	(108)
Total mortgage banking income	$ 1,957	$ 1,423	$ 3,900	$ 2,663

SHARE-BASED COMPENSATION (Detai

SHARE-BASED COMPENSATION (Details) - Restricted Stock Awards and Units	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Activity of nonvested shares
Nonvested restricted stock awards and units, beginning of period (in shares) | shares	437,697
Changes during the period:
Granted (in shares) | shares	103,746
Vested (in shares) | shares	(117,286)
Forfeited (in shares) | shares	(18,729)
Nonvested restricted stock awards and units, end of period (in shares) | shares	405,428
Weighted Average Grant Date Fair Value
Nonvested restricted stock awards and units, beginning of period (in dollars per share) | $ / shares	$ 22.01
Changes during the period:
Granted (in dollars per share) | $ / shares	31.69
Vested (in dollars per share) | $ / shares	19.08
Forfeited (in dollars per share) | $ / shares	24.72
Nonvested restricted stock awards and units, end of period (in dollars per share) | $ / shares	$ 25.21

ACCUMULATED OTHER COMPREHENSI64

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Components of Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Before Tax
Net actuarial losses arising during the period, before tax			$ (1,042)	$ 0
Other comprehensive income (loss), before tax	$ 5,113	$ 10,112	7,928	30,171
Tax Effect
Net actuarial losses arising during the period, tax			(415)	0
Other comprehensive income, tax	2,128	3,997	3,183	11,953
Net of Tax
Net actuarial losses arising during the period, net of tax			627	0
Total other comprehensive income, net of tax	2,985	6,115	4,745	18,218
Net unrealized gains on investment securities
Before Tax
Other comprehensive income (loss) before reclassification, before tax	3,001	9,737	6,528	29,420
Reclassification from AOCI, before tax	1,640	0	1,640	0
Other comprehensive income (loss), before tax	4,641	9,737	8,168	29,420
Tax Effect
Other comprehensive income (loss) before reclassifications, tax	1,193	3,871	2,596	11,701
Reclassification from AOCI, tax	653	0	653	0
Other comprehensive income, tax	1,846	3,871	3,249	11,701
Net of Tax
Other comprehensive income (loss), before reclassifications, net of tax	1,808	5,866	3,932	17,719
Reclassification from AOCI, net of tax	(987)	0	(987)	0
Total other comprehensive income, net of tax	2,795	5,866	4,919	17,719
Amortization of net actuarial loss
Before Tax
Reclassification from AOCI, before tax	325	366	647	733
Tax Effect
Reclassification from AOCI, tax	222	124	287	248
Net of Tax
Reclassification from AOCI, net of tax	(103)	(242)	(360)	(485)
Amortization of net transition obligation
Before Tax
Reclassification from AOCI, before tax	5	4	9	8
Tax Effect
Reclassification from AOCI, tax	2	1	3	2
Net of Tax
Reclassification from AOCI, net of tax	(3)	(3)	(6)	(6)
Amortization of prior service cost
Before Tax
Reclassification from AOCI, before tax	4	5	8	10
Tax Effect
Reclassification from AOCI, tax	2	1	3	2
Net of Tax
Reclassification from AOCI, net of tax	(2)	(4)	(5)	(8)
Settlement
Before Tax
Reclassification from AOCI, before tax	138		138
Tax Effect
Reclassification from AOCI, tax	56		56
Net of Tax
Reclassification from AOCI, net of tax	(82)		(82)
Defined benefit plans, net
Before Tax
Reclassification from AOCI, before tax	472	375	(240)	751
Tax Effect
Reclassification from AOCI, tax	282	126	(66)	252
Net of Tax
Other comprehensive income (loss), before reclassifications, net of tax	0	0	(627)	0
Reclassification from AOCI, net of tax	(190)	(249)	(453)	(499)
Total other comprehensive income, net of tax	$ 190	$ 249	$ (174)	$ 499

ACCUMULATED OTHER COMPREHENSI65

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Components of AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Changes in each component of AOCI, net of tax
Balance at beginning of period			$ 504,675	$ 494,639
Total other comprehensive income, net of tax	$ 2,985	$ 6,115	4,745	18,218
Balance at end of period	512,955	517,616	512,955	517,616
Investment Securities
Changes in each component of AOCI, net of tax
Balance at beginning of period	6,853	21,034	4,729	9,181
Other comprehensive income/loss before reclassifications	1,808	5,866	3,932	17,719
Amounts reclassified from AOCI	987	0	987	0
Total other comprehensive income, net of tax	2,795	5,866	4,919	17,719
Balance at end of period	9,648	26,900	9,648	26,900
Defined Benefit Plans
Changes in each component of AOCI, net of tax
Balance at beginning of period	(6,614)	(8,728)	(6,250)	(8,978)
Other comprehensive income/loss before reclassifications	0	0	(627)	0
Amounts reclassified from AOCI	190	249	453	499
Total other comprehensive income, net of tax	190	249	(174)	499
Balance at end of period	(6,424)	(8,479)	(6,424)	(8,479)
Accumulated Other Comprehensive Income
Changes in each component of AOCI, net of tax
Balance at beginning of period	239	12,306	(1,521)	203
Other comprehensive income/loss before reclassifications	1,808	5,866	3,305	17,719
Amounts reclassified from AOCI	1,177	249	1,440	499
Total other comprehensive income, net of tax	2,985	6,115	4,745	18,218
Balance at end of period	$ 3,224	$ 18,421	$ 3,224	$ 18,421

ACCUMULATED OTHER COMPREHENSI66

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Reclassified out of AOCI) (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Amounts reclassified out of each component of accumulated other comprehensive income
Investment securities losses	$ (1,640)	$ 0	$ (1,640)	$ 0
Tax benefit	(7,421)	(6,331)	(14,231)	(12,398)
Net income	12,025	12,137	25,104	23,318
Amount Reclassified from AOCI
Amounts reclassified out of each component of accumulated other comprehensive income
Net income	(1,177)	(249)	(1,440)	(499)
Amortization of defined benefit plan items, before tax			(138)	0
Investment Securities
Amounts reclassified out of each component of accumulated other comprehensive income
Reclassification from AOCI, net of tax	(987)	0	(987)	0
Investment Securities | Amount Reclassified from AOCI
Amounts reclassified out of each component of accumulated other comprehensive income
Investment securities losses	(1,640)	0	(1,640)	0
Tax benefit	653	0	653	0
Net income	(987)	0	(987)	0
Defined Benefit Plans
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization of defined benefit plan items, before tax	(472)	(375)	240	(751)
Amortization of defined benefit plan items, tax	282	126	(66)	252
Reclassification from AOCI, net of tax	(190)	(249)	(453)	(499)
Defined Benefit Plans | Amount Reclassified from AOCI
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization of defined benefit plan items, before tax	(472)	(375)	(802)	(751)
Amortization of defined benefit plan items, tax	282	126	349	252
Reclassification from AOCI, net of tax	(190)	(249)	(453)	(499)
Net actuarial loss
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization of defined benefit plan items, before tax	(325)	(366)	(647)	(733)
Amortization of defined benefit plan items, tax	222	124	287	248
Reclassification from AOCI, net of tax	(103)	(242)	(360)	(485)
Net actuarial loss | Amount Reclassified from AOCI
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization of defined benefit plan items, before tax	(325)	(366)	(647)	(733)
Net transition obligation
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization of defined benefit plan items, before tax	(5)	(4)	(9)	(8)
Amortization of defined benefit plan items, tax	2	1	3	2
Reclassification from AOCI, net of tax	(3)	(3)	(6)	(6)
Net transition obligation | Amount Reclassified from AOCI
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization of defined benefit plan items, before tax	(5)	(4)	(9)	(8)
Prior service cost
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization of defined benefit plan items, before tax	(4)	(5)	(8)	(10)
Amortization of defined benefit plan items, tax	2	1	3	2
Reclassification from AOCI, net of tax	(2)	(4)	(5)	(8)
Prior service cost | Amount Reclassified from AOCI
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization of defined benefit plan items, before tax	(4)	$ (5)	(8)	(10)
Settlement
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization of defined benefit plan items, before tax	(138)		(138)
Amortization of defined benefit plan items, tax	56		56
Reclassification from AOCI, net of tax	$ (82)		(82)
Settlement | Amount Reclassified from AOCI
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization of defined benefit plan items, before tax			$ (138)	$ 0

PENSION AND SUPPLEMENTAL EXEC67

PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Pension Plan
Components of net periodic benefit cost
Interest cost	$ 233	$ 344	$ 462	$ 687
Expected return on plan assets	(264)	(439)	(528)	(878)
Amortization of net actuarial loss	300	354	596	708
Net periodic cost	269	259	530	517
SERPs
Components of net periodic benefit cost
Interest cost	100	117	215	233
Amortization of net actuarial loss	25	12	51	25
Amortization of net transition obligation	5	4	9	8
Amortization of prior service cost	4	5	8	10
Settlement	138	0	138	0
Net periodic cost	$ 272	$ 138	$ 421	$ 276

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
SHARE-BASED COMPENSATION
Net income	$ 12,025	$ 12,137	$ 25,104	$ 23,318
Weighted average shares outstanding - basic	30,568,247	31,060,593	30,641,165	31,162,013
Weighted average shares outstanding - diluted	30,803,725	31,262,525	30,879,923	31,359,568
Basic earnings per common share (in dollars per share)	$ 0.39	$ 0.39	$ 0.82	$ 0.75
Diluted earnings per common share (in dollars per share)	$ 0.39	$ 0.39	$ 0.81	$ 0.74
Antidilutive securities excluded from the dilutive share calculation (in shares)	33	8,227	25	9,439
Stock Option
SHARE-BASED COMPENSATION
Dilutive effect of share-based compensation arrangements	235,478	201,932	238,758	197,555

FAIR VALUE OF FINANCIAL ASSET69

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Schedule of Carrying Amount and Estimated Fair Value of Financial Instruments) (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Financial assets
Cash and due from banks	$ 85,975,000	$ 75,272,000
Interest-bearing deposits in other banks	54,576,000	9,069,000
Loans held for sale	13,288,000	31,881,000
Mortgage servicing rights	15,932,000	15,779,000
Federal Home Loan Bank stock	6,492,000	11,572,000
Accrued interest receivable	15,636,000	15,675,000
Deposits:
Noninterest-bearing deposits	1,383,754,000	1,265,246,000
Time deposits	1,131,564,000	1,089,364,000
Transfers of financial assets from Level 1 to Level 2	0
Transfers of financial assets from Level 2 to Level 1	0
Transfers of financial liabilities from Level 1 to Level 2	0
Transfers of financial liabilities from Level 2 to Level 1	0
Carrying Amount
Financial assets
Cash and due from banks	85,975,000	75,272,000
Interest-bearing deposits in other banks	54,576,000	9,069,000
Investment securities	1,520,483,000	1,461,515,000
Loans held for sale	13,288,000	31,881,000
Net loans and leases	3,538,907,000	3,468,259,000
Mortgage servicing rights	15,932,000	15,779,000
Federal Home Loan Bank stock	6,492,000	11,572,000
Accrued interest receivable	15,636,000	15,675,000
Deposits:
Noninterest-bearing deposits	1,383,754,000	1,265,246,000
Interest-bearing demand and savings deposits	2,371,064,000	2,253,591,000
Time deposits	1,131,564,000	1,089,364,000
Short-term debt	0	135,000,000
Long-term debt	92,785,000	92,785,000
Accrued interest payable (included in other liabilities)	2,504,000	1,556,000
Carrying Amount | Commitments to extend credit
Deposits:
Off-balance sheet financial instruments	890,045,000	825,304,000
Carrying Amount | Standby letters of credit and financial guarantees written
Deposits:
Off-balance sheet financial instruments	19,329,000	16,043,000
Carrying Amount | Interest rate lock commitments
Deposits:
Off-balance sheet financial instruments	3,347,000	879,000
Carrying Amount | Forward sale commitments
Deposits:
Off-balance sheet financial instruments	15,145,000	32,497,000
Estimated Fair Value
Financial assets
Cash and due from banks	85,975,000	75,272,000
Interest-bearing deposits in other banks	54,576,000	9,069,000
Investment securities	1,519,229,000	1,458,213,000
Loans held for sale	13,288,000	31,881,000
Net loans and leases	3,505,125,000	3,426,976,000
Mortgage servicing rights	17,024,000	18,087,000
Federal Home Loan Bank stock	6,492,000	11,572,000
Accrued interest receivable	15,636,000	15,675,000
Deposits:
Noninterest-bearing deposits	1,383,754,000	1,265,246,000
Interest-bearing demand and savings deposits	2,371,064,000	2,253,591,000
Time deposits	1,127,639,000	1,088,436,000
Short-term debt	0	135,000,000
Long-term debt	69,265,000	68,186,000
Accrued interest payable (included in other liabilities)	2,504,000	1,556,000
Estimated Fair Value | Commitments to extend credit
Deposits:
Off-balance sheet financial instruments	1,123,000	1,046,000
Estimated Fair Value | Standby letters of credit and financial guarantees written
Deposits:
Off-balance sheet financial instruments	290,000	241,000
Estimated Fair Value | Interest rate lock commitments
Deposits:
Off-balance sheet financial instruments	(15,000)	6,000
Estimated Fair Value | Forward sale commitments
Deposits:
Off-balance sheet financial instruments	30,000	136,000
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets
Cash and due from banks	85,975,000	75,272,000
Interest-bearing deposits in other banks	54,576,000	9,069,000
Investment securities	809,000	660,000
Loans held for sale	0	0
Net loans and leases	0	0
Mortgage servicing rights	0	0
Federal Home Loan Bank stock	6,492,000	11,572,000
Accrued interest receivable	15,636,000	15,675,000
Deposits:
Noninterest-bearing deposits	1,383,754,000	1,265,246,000
Interest-bearing demand and savings deposits	2,371,064,000	2,253,591,000
Time deposits	0	0
Short-term debt	0	0
Long-term debt	0	0
Accrued interest payable (included in other liabilities)	2,504,000	1,556,000
Quoted Prices in Active Markets for Identical Assets (Level 1) | Commitments to extend credit
Deposits:
Off-balance sheet financial instruments	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Standby letters of credit and financial guarantees written
Deposits:
Off-balance sheet financial instruments	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Interest rate lock commitments
Deposits:
Off-balance sheet financial instruments	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Forward sale commitments
Deposits:
Off-balance sheet financial instruments	0	0
Significant Other Observable Inputs (Level 2)
Financial assets
Cash and due from banks	0	0
Interest-bearing deposits in other banks	0	0
Investment securities	1,506,231,000	1,445,357,000
Loans held for sale	13,288,000	31,881,000
Net loans and leases	28,058,000	30,723,000
Mortgage servicing rights	0	0
Federal Home Loan Bank stock	0	0
Accrued interest receivable	0	0
Deposits:
Noninterest-bearing deposits	0	0
Interest-bearing demand and savings deposits	0	0
Time deposits	0	0
Short-term debt	0	135,000,000
Long-term debt	69,265,000	68,186,000
Accrued interest payable (included in other liabilities)	0	0
Significant Other Observable Inputs (Level 2) | Commitments to extend credit
Deposits:
Off-balance sheet financial instruments	1,123,000	1,046,000
Significant Other Observable Inputs (Level 2) | Standby letters of credit and financial guarantees written
Deposits:
Off-balance sheet financial instruments	290,000	241,000
Significant Other Observable Inputs (Level 2) | Interest rate lock commitments
Deposits:
Off-balance sheet financial instruments	(15,000)	6,000
Significant Other Observable Inputs (Level 2) | Forward sale commitments
Deposits:
Off-balance sheet financial instruments	30,000	136,000
Significant Unobservable Inputs (Level 3)
Financial assets
Cash and due from banks	0	0
Interest-bearing deposits in other banks	0	0
Investment securities	12,189,000	12,196,000
Loans held for sale	0	0
Net loans and leases	3,477,067,000	3,396,253,000
Mortgage servicing rights	17,024,000	18,087,000
Federal Home Loan Bank stock	0	0
Accrued interest receivable	0	0
Deposits:
Noninterest-bearing deposits	0	0
Interest-bearing demand and savings deposits	0	0
Time deposits	1,127,639,000	1,088,436,000
Short-term debt	0	0
Long-term debt	0	0
Accrued interest payable (included in other liabilities)	0	0
Significant Unobservable Inputs (Level 3) | Commitments to extend credit
Deposits:
Off-balance sheet financial instruments	0	0
Significant Unobservable Inputs (Level 3) | Standby letters of credit and financial guarantees written
Deposits:
Off-balance sheet financial instruments	0	0
Significant Unobservable Inputs (Level 3) | Interest rate lock commitments
Deposits:
Off-balance sheet financial instruments	0	0
Significant Unobservable Inputs (Level 3) | Forward sale commitments
Deposits:
Off-balance sheet financial instruments	$ 0	$ 0

FAIR VALUE OF FINANCIAL ASSET70

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets and liabilities measured at fair value
Available-for-sale, at fair value	$ 1,315,895	$ 1,243,847
States and political subdivisions
Assets and liabilities measured at fair value
Available-for-sale, at fair value	185,682	185,041
Corporate securities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	94,072	99,389
U.S. Treasury obligations and direct obligations of U.S Government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	26,506
Residential - U.S. Government-sponsored entities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	788,338	769,986
Commercial - U.S. Government agencies and sponsored entities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	32,548
Residential - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	48,954	51,547
Commercial - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	138,986	137,224
Other
Assets and liabilities measured at fair value
Available-for-sale, at fair value	809	660
Recurring basis
Assets and liabilities measured at fair value
Available-for-sale, at fair value	1,315,895	1,243,847
Total	1,315,910	1,243,989
Recurring basis | Derivative - Interest Rate Contracts
Assets and liabilities measured at fair value
Derivatives: Interest rate lock and forward sale commitments	15	142
Recurring basis | States and political subdivisions
Assets and liabilities measured at fair value
Available-for-sale, at fair value	185,682	185,041
Recurring basis | Corporate securities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	94,072	99,389
Recurring basis | U.S. Treasury obligations and direct obligations of U.S Government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	26,506
Recurring basis | Residential - U.S. Government-sponsored entities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	788,338	769,986
Recurring basis | Commercial - U.S. Government agencies and sponsored entities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	32,548
Recurring basis | Residential - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	48,954	51,547
Recurring basis | Commercial - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	138,986	137,224
Recurring basis | Other
Assets and liabilities measured at fair value
Available-for-sale, at fair value	809	660
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets and liabilities measured at fair value
Available-for-sale, at fair value	809	660
Total	809	660
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Derivative - Interest Rate Contracts
Assets and liabilities measured at fair value
Derivatives: Interest rate lock and forward sale commitments	0	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | States and political subdivisions
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate securities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Treasury obligations and direct obligations of U.S Government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Residential - U.S. Government-sponsored entities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial - U.S. Government agencies and sponsored entities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Residential - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other
Assets and liabilities measured at fair value
Available-for-sale, at fair value	809	660
Recurring basis | Significant Other Observable Inputs (Level 2)
Assets and liabilities measured at fair value
Available-for-sale, at fair value	1,302,897	1,230,991
Total	1,302,912	1,231,133
Recurring basis | Significant Other Observable Inputs (Level 2) | Derivative - Interest Rate Contracts
Assets and liabilities measured at fair value
Derivatives: Interest rate lock and forward sale commitments	15	142
Recurring basis | Significant Other Observable Inputs (Level 2) | States and political subdivisions
Assets and liabilities measured at fair value
Available-for-sale, at fair value	173,493	172,845
Recurring basis | Significant Other Observable Inputs (Level 2) | Corporate securities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	94,072	99,389
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. Treasury obligations and direct obligations of U.S Government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	26,506
Recurring basis | Significant Other Observable Inputs (Level 2) | Residential - U.S. Government-sponsored entities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	788,338	769,986
Recurring basis | Significant Other Observable Inputs (Level 2) | Commercial - U.S. Government agencies and sponsored entities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	32,548
Recurring basis | Significant Other Observable Inputs (Level 2) | Residential - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	48,954	51,547
Recurring basis | Significant Other Observable Inputs (Level 2) | Commercial - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	138,986	137,224
Recurring basis | Significant Other Observable Inputs (Level 2) | Other
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0	0
Recurring basis | Significant Unobservable Inputs (Level 3)
Assets and liabilities measured at fair value
Available-for-sale, at fair value	12,189	12,196
Total	12,189	12,196
Recurring basis | Significant Unobservable Inputs (Level 3) | Derivative - Interest Rate Contracts
Assets and liabilities measured at fair value
Derivatives: Interest rate lock and forward sale commitments	0	0
Recurring basis | Significant Unobservable Inputs (Level 3) | States and political subdivisions
Assets and liabilities measured at fair value
Available-for-sale, at fair value	12,189	12,196
Recurring basis | Significant Unobservable Inputs (Level 3) | Corporate securities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0	0
Recurring basis | Significant Unobservable Inputs (Level 3) | U.S. Treasury obligations and direct obligations of U.S Government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0
Recurring basis | Significant Unobservable Inputs (Level 3) | Residential - U.S. Government-sponsored entities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0	0
Recurring basis | Significant Unobservable Inputs (Level 3) | Commercial - U.S. Government agencies and sponsored entities
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0
Recurring basis | Significant Unobservable Inputs (Level 3) | Residential - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0	0
Recurring basis | Significant Unobservable Inputs (Level 3) | Commercial - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale, at fair value	0	0
Recurring basis | Significant Unobservable Inputs (Level 3) | Other
Assets and liabilities measured at fair value
Available-for-sale, at fair value	$ 0	$ 0

FAIR VALUE OF FINANCIAL ASSET71

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Change in Level 3 Assets and Liabilities) (Details 3) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)security	Jun. 30, 2016USD ($)
States and political subdivisions
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Aggregate fair value / Balance at the beginning of the period	$ 12,196	$ 12,479
Principal payments received	(183)	(166)
Unrealized net gain included in other comprehensive income	176	1,002
Mortgage revenue bonds
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Aggregate fair value / Balance at the end of the period	$ 12,189	$ 13,315
Additional disclosures
Number of investment securities held | security	4
Mortgage revenue bonds | Weighted average
Additional disclosures
Discount rate (as a percent)	4.54%

FAIR VALUE OF FINANCIAL ASSET72

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Assets and Liabilities Measured at Fair Value) (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets measured at fair value on a nonrecurring basis
Mortgage servicing rights	$ 15,932	$ 15,779
Other real estate owned	1,008	791
Nonrecurring basis
Assets measured at fair value on a nonrecurring basis
Impaired loans	28,058	30,723
Mortgage servicing rights	17,024	18,087
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets measured at fair value on a nonrecurring basis
Mortgage servicing rights	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Nonrecurring basis
Assets measured at fair value on a nonrecurring basis
Impaired loans	0	0
Mortgage servicing rights	0	0
Other real estate owned	0	0
Significant Other Observable Inputs (Level 2)
Assets measured at fair value on a nonrecurring basis
Mortgage servicing rights	0	0
Significant Other Observable Inputs (Level 2) | Nonrecurring basis
Assets measured at fair value on a nonrecurring basis
Impaired loans	28,058	30,723
Mortgage servicing rights	0	0
Other real estate owned	1,008	791
Significant Unobservable Inputs (Level 3)
Assets measured at fair value on a nonrecurring basis
Mortgage servicing rights	17,024	18,087
Significant Unobservable Inputs (Level 3) | Nonrecurring basis
Assets measured at fair value on a nonrecurring basis
Impaired loans	0	0
Mortgage servicing rights	17,024	18,087
Other real estate owned	$ 0	$ 0

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)segment	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			3
SEGMENT INFORMATION
Net interest income (expense)	$ 41,629	$ 39,609	$ 82,884	$ 78,820
Provision (credit) for loan and lease losses	2,282	1,382	2,362	2,129
Other operating income	7,870	9,937	17,884	18,593
Other operating expense	(32,335)	(32,460)	(63,795)	(63,826)
Income before income taxes	19,446	18,468	39,335	35,716
Income tax (expenses) benefit	(7,421)	(6,331)	(14,231)	(12,398)
Net income	12,025	12,137	25,104	23,318
Investment securities	1,520,483		1,520,483		$ 1,461,515
Total Assets	5,533,135		5,533,135		5,384,236
Banking Operations
SEGMENT INFORMATION
Net income	13,025	11,604	25,584	25,653
Total Assets	3,645,258		3,645,258		3,613,253
Treasury
SEGMENT INFORMATION
Net income	(511)	975	571	1,888
Total Assets	1,804,826		1,804,826		1,702,902
All Others
SEGMENT INFORMATION
Net income	(489)	(442)	(1,051)	(4,223)
Total Assets	83,051		83,051		68,081
Intersegment elimination
SEGMENT INFORMATION
Net interest income (expense)	0	0	0	0
Intersegment elimination | Banking Operations
SEGMENT INFORMATION
Net interest income (expense)	8,161	9,435	16,088	19,993
Intersegment elimination | Treasury
SEGMENT INFORMATION
Net interest income (expense)	(6,339)	(6,900)	(12,529)	(13,917)
Intersegment elimination | All Others
SEGMENT INFORMATION
Net interest income (expense)	(1,822)	(2,535)	(3,559)	(6,076)
Operating segments
SEGMENT INFORMATION
Net interest income (expense)	41,629	39,609	82,884	78,820
Provision (credit) for loan and lease losses	2,282	1,382	2,362	2,129
Other operating income	7,870	9,937	17,884	18,593
Other operating expense	(32,335)	(32,460)	(63,795)	(63,826)
Administrative and overhead expense allocation	0	0	0	0
Income before income taxes	19,446	18,468	39,335	35,716
Income tax (expenses) benefit	(7,421)	(6,331)	(14,231)	(12,398)
Investment securities	1,520,483		1,520,483		1,461,515
Loans and leases (including loans held for sale)	3,605,023		3,605,023		3,556,771
Other	407,629		407,629		365,950
Operating segments | Banking Operations
SEGMENT INFORMATION
Net interest income (expense)	34,558	31,985	68,648	62,936
Provision (credit) for loan and lease losses	2,282	1,382	2,362	2,129
Other operating income	5,844	6,493	11,568	12,027
Other operating expense	(14,835)	(14,904)	(29,853)	(29,647)
Administrative and overhead expense allocation	(15,021)	(16,709)	(28,725)	(28,141)
Income before income taxes	20,989	17,682	40,088	39,297
Income tax (expenses) benefit	(7,964)	(6,078)	(14,504)	(13,644)
Investment securities	0		0		0
Loans and leases (including loans held for sale)	3,605,023		3,605,023		3,556,771
Other	40,235		40,235		56,482
Operating segments | Treasury
SEGMENT INFORMATION
Net interest income (expense)	7,071	7,624	14,236	15,884
Provision (credit) for loan and lease losses	0	0	0	0
Other operating income	(933)	1,397	328	2,142
Other operating expense	(322)	(439)	(710)	(827)
Administrative and overhead expense allocation	(228)	(194)	(430)	(390)
Income before income taxes	(751)	1,488	895	2,892
Income tax (expenses) benefit	240	(513)	(324)	(1,004)
Investment securities	1,520,483		1,520,483		1,461,515
Loans and leases (including loans held for sale)	0		0		0
Other	284,343		284,343		241,387
Operating segments | All Others
SEGMENT INFORMATION
Net interest income (expense)	0	0	0	0
Provision (credit) for loan and lease losses	0	0	0	0
Other operating income	2,959	2,047	5,988	4,424
Other operating expense	(17,178)	(17,117)	(33,232)	(33,352)
Administrative and overhead expense allocation	15,249	16,903	29,155	28,531
Income before income taxes	(792)	(702)	(1,648)	(6,473)
Income tax (expenses) benefit	303	$ 260	597	$ 2,250
Investment securities	0		0		0
Loans and leases (including loans held for sale)	0		0		0
Other	$ 83,051		$ 83,051		$ 68,081