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LOANS HELD FOR SALE (Tables)
6 Months Ended
Jun. 30, 2021
Receivables Held For Sale [Abstract]  
Loans Held For Sale Table [Text Block]

 

 

 

June 30, 2021

 

December 31, 2020

 

(In thousands)

 

 

Residential mortgage loans

$

28,695

 

$

50,289

 

Commercial and Industrial loans (1)

 

4,004

 

 

-

 

 

Total

$

32,699

 

$

50,289

 

 

 

 

 

 

 

 

 

 

(1)

During the first quarter of 2021, three criticized commercial loan participations totaling $28.2 million were transferred to held for sale. These transfers resulted in charge-offs of $0.7 million in the first quarter of 2021. Two of these participations totaling $24.0 million were sold during the first six months of 2021.