REPURCHASE AGREEMENTS (Tables)

6 Months Ended

Jun. 30, 2022

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 as of the dates indicated:

(In thousands)	June 30, 2022		December 31, 2021
Customer Repurchase Agreements(1)(2):
Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises	$	117,618	$	120,846
Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises	107,234		88,749
Obligations of states and political subdivisions	—		2,013
Total	$	224,852	$	211,608

(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.