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BORROWED FUNDS (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Borrowed Funds

Borrowed funds at March 31, 2020 and December 31, 2019 are summarized, as follows:
 
 
March 31, 2020
 
December 31, 2019
 
 
 
 
Weighted
 
 
 
Weighted
 
 
 
 
Average
 
 
 
Average
(Dollars in thousands)
 
Principal
 
Rate
 
Principal
 
Rate
Short-term borrowings:
 
 

 
 

 
 

 
 

Advances from the FHLB
 
$
225,000

 
1.45
%
 
$
125,000

 
2.06
%
Total short-term borrowings:
 
225,000

 
1.45

 
125,000

 
2.06

Long-term borrowings:
 
 

 
 

 
 

 
 

Advances from the FHLB and other borrowings
 
719,053

 
2.07

 
605,501

 
2.16

Subordinated borrowings
 
74,277

 
7.00

 
74,232

 
7.00

Junior subordinated borrowing - Trust I
 
15,464

 
2.44

 
15,464

 
3.76

Junior subordinated borrowing - Trust II
 
7,366

 
3.53

 
7,353

 
3.59

Total long-term borrowings:
 
816,160

 
2.54

 
702,550

 
2.72

Total
 
$
1,041,160

 
2.30
%
 
$
827,550

 
2.62
%

Summary of Maturities of FHLBB Advances
A summary of maturities of FHLB advances as of March 31, 2020 is as follows:
 
 
March 31, 2020
 
 
 
 
Weighted Average
(In thousands, except rates)
 
Principal
 
Rate
Fixed rate advances maturing:
 
 

 
 

2020
 
$
468,180

 
2.02
%
2021
 
395,476

 
1.80

2022
 
59,136

 
1.92

2023
 
11,675

 
2.21

2023 and beyond
 
9,586

 
1.61

Total FHLB advances
 
$
944,053

 
1.92
%