GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2011

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

Goodwill Carrying Amounts by Operating Segment

The carrying amounts of goodwill by operating segment for the nine months ended September 30, 2011 were as follows:

	Community		Insurance
	Banking		Agencies		Total
			(In thousands)
Balance as of December 31, 2010	$	217,618	$	52,479	$	270,097
Goodwill recorded during the period		-		1,200		1,200
Balance as of September 30, 2011	$	217,618	$	53,679	$	271,297

Carrying Value and Accumulated Amortization of Identifiable Intangible Assets

The following tables present information regarding the components of the Company's identifiable intangible assets for the dates and periods indicated:

	As of				As of
	September 30, 2011				December 31, 2010
	Gross Carrying		Accumulated		Gross Carrying		Accumulated
	Amount		Amortization		Amount		Amortization
Amortized intangible assets:	(In thousands)
Core deposit intangibles	$	27,801	$	20,480	$	27,801	$	19,716
Customer relationship intangibles		32,749		23,379		32,511		21,661
Non-solicitation intangibles		75		28		-		-
Total	$	60,625	$	43,887	$	60,312	$	41,377
Unamortized intangible assets:
Trade names	$	688	$	-	$	688	$	-

Aggregate Amortization Expense

	Three months ended				Nine months ended
	September 30,				September 30,
	2011		2010		2011		2010
Aggregate amortization expense for:	(In thousands)
Core deposit intangibles	$	248	$	324	$	764	$	986
Customer relationship intangibles		565		637		1,718		1,974
Non-solicitation intangibles		9		-		28		-
Total	$	822	$	961	$	2,510	$	2,960

Future Estimated Amortization Expense

The following table presents information regarding estimated amortization expense on the Company's amortizable identifiable intangible assets for the year ending December 31, 2011 and the succeeding four years:

			Customer		Non-
	Core Deposit		Relationship		Solicitation
	Intangibles		Intangibles		Intangibles		Total
Estimated Amortization Expense:	(In thousands)
For year ending December 31, 2011	$	1,016	$	2,274	$	38	$	3,328
For year ending December 31, 2012		946		1,974		37		2,957
For year ending December 31, 2013		582		1,686		-		2,268
For year ending December 31, 2014		526		1,435		-		1,961
For year ending December 31, 2015		157		1,158		-		1,315