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ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) (Tables)
12 Months Ended
Dec. 31, 2021
Federal Home Loan Bank, Advances, Fixed Rate [Abstract]  
Summary of Advances from FHLB [Table Text Block]
The following is a summary of the advances from the FHLB as of the indicated dates:
December 31,
 
December 31,
2021
2020
(In thousands)
Long-term
Fixed
-rate advances from FHLB (1)
$
200,000
$
440,000
(1)
Weighted-average interest rate
 
of
2.16
% and
2.26
% as of December 31, 2021 and 2020, respectively.
Advances from FHLB mature as follows as of the indicated date:
December 31, 2021
(In thousands)
Over six months to one year
$
200,000