EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Computation of Earnings Per Share

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2015			2014			2015			2014
	(Dollars in thousands, except per share data)
Net income per consolidated statements of income	$	4,125		$	42,404		$	7,811		$	44,498
Net income allocated to participating securities		(25	)		(235	)		(39	)		(232	)
Net income allocated to common stock	$	4,100		$	42,169		$	7,772		$	44,266
Basic earnings per common share computation:
Distributed earnings allocated to common stock	$	490		$	—		$	979		$	—
Undistributed earnings allocated to common stock		3,610			42,169			6,793			44,266
Net income allocated to common stock	$	4,100		$	42,169		$	7,772		$	44,266
Weighted average common shares outstanding, including shares    considered participating securities		48,649			50,554			48,968			50,481
Less: Average participating securities		(290	)		(280	)		(244	)		(263	)
Weighted average shares		48,359			50,274			48,724			50,218
Basic earnings per common share	$	0.08		$	0.84		$	0.16		$	0.88
Diluted earnings per common share computation:
Net income allocated to common stock	$	4,100		$	42,169		$	7,772		$	44,266
Weighted average common shares outstanding for basic    earnings per common share		48,359			50,274			48,724			50,218
Add: Dilutive effects of assumed exercises of stock options		275			222			273			221
Weighted average shares and dilutive potential common shares		48,634			50,496			48,997			50,439
Diluted earnings per common share	$	0.08		$	0.84		$	0.16		$	0.88