OTHER REAL ESTATE OWNED

3 Months Ended

Mar. 31, 2020

Real Estate Owned Disclosure Of Detailed Components [Abstract]

OTHER REAL ESTATE OWNED [Text Block]

NOTE 10 – OTHER REAL ESTATE OWNED

The following table presents the OREO inventory as of the dates indicated:
	March 31,			December 31,
	2020		2019
(In thousands)
OREO
OREO balances, carrying value:
Residential (1)	$	46,427	$	46,912
Commercial		45,878		47,271
Construction		7,369		7,443
Total	$	99,674	$	101,626

Excludes $19.1 million and $16.7 million as of March 31, 2020 and December 31, 2019, respectively, of foreclosures that meet the conditions of ASC Topic 310-40 “Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure,” and are presented as a receivable (other assets) in the consolidated statements of financial condition.