FHLBNY ADVANCES (Tables)

6 Months Ended

Jun. 30, 2022

FHLBNY ADVANCES [Abstract]

Summary of FHLBNY extinguishments

	Three Months Ended June 30,						Six Months Ended June 30,
(Dollars in thousands)		2022			2021			2022			2021
FHLBNY advances extinguished	$	-		$	78,900		$	-		$	209,000
Weighted average rate		-	%		0.33	%		-	%		1.31	%
Loss on extinguishment of debt	$	-		$	157		$	-		$	1,751

Schedule of contractual maturities and weighted average interest rates of FHLBNY advances

	June 30, 2022
(Dollars in thousands)			Weighted
Contractual Maturity	Amount		Average Rate
2022, fixed rate at rates from 1.63% to 1.64%	$	100,000	1.63	%
Total FHLBNY advances	$	100,000	1.63	%

	December 31, 2021
(Dollars in thousands)			Weighted
Contractual Maturity	Amount		Average Rate
2022, fixed rate at 0.35%	$	25,000	0.35	%
Total FHLBNY advances	$	25,000	0.35	%