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FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK (Tables)
12 Months Ended
Dec. 31, 2019
FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK  
Schedule of off-balance-sheet financial instruments

The Bank had outstanding the following off-balance-sheet financial instruments whose contract amounts represent credit risk as of December 31, 2019 and 2018 (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2019

 

At December 31, 2018

 

 

 

 

Variable

 

 

 

Variable

 

    

Fixed Rate

    

Rate

    

Fixed Rate

    

Rate

Undrawn lines of credit

 

$

17,204

 

$

193,767

 

$

7,737

 

$

130,547

Letters of credit

 

 

47,743

 

 

 —

 

 

34,351

 

 

 —

 

 

$

64,947

 

$

193,767

 

$

42,088

 

$

130,547