BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2024

BORROWINGS

Schedule of federal funds purchased and FHLBNY advances

Borrowings consisted of the following (in thousands):

					Interest Expense
	At		At		Three months ended				Nine months ended
	September 30,		December 31,		September 30,				September 30,
	2024		2023		2024		2023		2024		2023
Federal funds purchased and securities sold under agreements to repurchase	$	—	$	99,000	$	—	$	2,160	$	151	$	5,112
Federal Home Loan Bank of New York advances	$	150,000	$	440,000	$	2,099	$	5,580	$	8,819	$	12,114
Secured and other borrowings:
Secured borrowings	$	7,478	$	7,585		N.A.		N.A.		N.A.		N.A.
Federal Reserve Bank term loan	$	100,000	$	—	$	1,228	$	—	$	3,522	$	—