FHLBNY ADVANCES (Tables)

9 Months Ended

Sep. 30, 2022

FHLBNY ADVANCES [Abstract]

Summary of FHLBNY extinguishments

	Three Months Ended September 30,						Nine Months Ended September 30,
(Dollars in thousands)		2022			2021			2022			2021
FHLBNY advances extinguished	$	-		$	-		$	-		$	209,000
Weighted average rate		-	%		-	%		-	%		1.31	%
Loss on extinguishment of debt	$	-		$	-		$	-		$	1,751

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

	September 30, 2022
(Dollars in thousands)			Weighted
Contractual Maturity	Amount		Average Rate
Overnight, fixed rate at 3.29%	$	270,000	3.29	%
2022, fixed rate at rates from 2.38% to 3.40%		350,000	3.12
Total FHLBNY advances	$	620,000	3.19	%

	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	%