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OTHER BORROWED FUNDS (Tables)
3 Months Ended
Mar. 31, 2021
OTHER BORROWED FUNDS [Abstract]  
Advances from Federal Home Loan Bank
At period-end, advances from the Federal Home Loan Bank were as follows (dollars in thousands):

Principal Terms
 
Advance
Amount
 
Range of Maturities
 
Weighted
Average
Interest Rate
 
March 31, 2021
       
Single maturity fixed rate advances
 
$
40,000
 
April 2021 to July 2024
  
2.50
%
Putable advances
  
30,000
 
November 2024 to February 2030
  
1.36
%
  
$
70,000
      

Principal Terms
 
Advance
Amount
 
Range of Maturities
 
Weighted
Average
Interest Rate
 
December 31, 2020
       
Single maturity fixed rate advances
 
$
40,000
 
April 2021 to July 2024
  
2.50
%
Putable advances
  
30,000
 
November 2024 to February 2030
  
1.36
%
  
$
70,000
      
Repayments of FHLB Advances
Scheduled repayments of FHLB advances as of March 31, 2021 were as follows (in thousands):

2021
 
$
10,000
 
2022
  
 
2023
  
10,000
 
2024
  
40,000
 
2025
  
 
Thereafter
  
10,000
 
  
$
70,000