v3.26.1
BORROWINGS (Tables)
 3 Months Ended
Mar. 31, 2026
BORROWINGS [Abstract]  
Summary of Advances from FHLB [Table Text Block]
March 31, 2026
December 31, 2025
(In thousands)
Short-term
Fixed
-rate advances from the FHLB
(1)
$
90,000
$
-
Long-term
Fixed
-rate advances from the FHLB
(2)
200,000
290,000
$
290,000
$
290,000
(1)
Interest rate of
3.86
% as of March 31, 2026.
(2)
Weighted-average interest rate of
4.25
% and
4.32
% as of March 31, 2026 and December 31, 2025, respectively. Contractual maturity
date of November 2027 as of
March 31, 2026.
Advances from the FHLB mature as follows as of the indicated date:
March 31, 2026
(In thousands)
Three months or less
$
90,000
Over one year to two years
200,000
Total
(1)
$
290,000
(1) Average remaining term to maturity of
1.13
years.