OTHER REAL ESTATE OWNED (Tables)

12 Months Ended

Dec. 31, 2021

Real Estate Owned, Disclosure of Detailed Components [Abstract]

Schedule Of Other Real Estate Assets And Foreclosed Properties [Table Text Block]

The following table presents the OREO inventory as of the dates indicated:

December 31, 

(In thousands)

2021

2020

OREO

OREO balances, carrying value:

Residential

(1)

$

29,533

$

32,418

Commercial

7,331

44,356

Construction

3,984

6,286

Total

$

40,848

$

83,060

(1)

Excludes $

22.2

 million and $

18.6

 million as of December 31, 2021 and 2020, respectively, of foreclosures that meet the conditions of ASC Subtopic 310-40

“Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure,” and are presented as a receivable as part of

other assets in the consolidated statements of financial condition.