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OTHER REAL ESTATE OWNED (Tables)
 6 Months Ended
Jun. 30, 2022
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
Schedule Of Other Real Estate Assets And Foreclosed Properties [Table Text Block]

The following table presents the OREO inventory as of the indicated dates:

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

December 31,

 

 

2022

 

2021

(In thousands)

 

 

 

OREO

 

 

 

 

 

 

OREO balances, carrying value:

 

 

 

 

 

 

 

Residential (1)

 

$

31,780

 

$

29,533

 

Commercial

 

 

7,269

 

 

7,331

 

Construction

 

 

2,657

 

 

3,984

 

Total

 

$

41,706

 

$

40,848

 

 

 

(1)

Excludes $25.7 million and $22.2 million as of June 30, 2022 and December 31, 2021, respectively, of foreclosures that meet the conditions of ASC Subtopic 310-40 "Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure," and are presented as a receivable as part of other assets in the consolidated statements of financial condition.