REPURCHASE AGREEMENTS (Tables)

6 Months Ended

Jun. 30, 2020

Banking and Thrift, Other Disclosures [Abstract]

Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets

The table below sets forth information regarding the Company’s repurchase agreements accounted for as secured borrowings and types of collateral for the dates indicated:

(In thousands)	June 30, 2020		December 31, 2019
Customer Repurchase Agreements(1)(2):
Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises	$	82,069	$	118,969
Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises	112,017		117,654
Obligations of states and political subdivisions	1,912		1,361
Total	$	195,998	$	237,984

(1) Presented within short-term borrowings on the consolidated statements of condition.

(2) All customer repurchase agreements mature continuously or overnight for the dates indicated.