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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2022
Commitments And Contingencies Disclosure [Abstract]  
Summary of Financial Instrument Liabilities Represent Off-Balance Sheet Credit Risk

Amounts of financial instrument liabilities whose contract amounts represent off-balance sheet credit risk are as follows as of September 30, 2022:

 

 

 

September 30, 2022

 

 

December 31, 2021

 

 

 

(In Thousands)

 

Commitments to originate loans

 

$

48,962

 

 

$

24,658

 

Commitments to purchase loans

 

 

1,913

 

 

 

-

 

Unadvanced funds on lines of credit

 

 

60,149

 

 

 

45,548

 

Unadvanced funds on construction loans

 

 

66,871

 

 

 

37,352

 

Letters of credit

 

 

13

 

 

 

13

 

 

 

$

177,908

 

 

$

107,571