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LITIGATION
12 Months Ended
Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
LITIGATION

Note 19 - litigation

The Company and its subsidiaries are subject in the ordinary course of business to various pending or threatened legal proceedings in which claims for monetary damages are asserted. After consultation with legal counsel, management does not anticipate that the ultimate liability, if any, arising out of these legal matters will have a material adverse effect on the Company’s financial condition, operating results or liquidity.

In 2014, as a result of an adverse jury verdict the Company accrued $6.5 million for litigation expenses associated with the actions of an employee of from an institution that was acquired in 2012. During 2015, as a result of a settlement of all claims, including claims for a contribution from its insurer relating to this litigation, the Company reversed $4.5 million in previously accrued litigation expenses.