OFFSETTING OF ASSETS AND LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2021

Offsetting [Abstract]

Offsetting Assets [Table Text Block]

Offsetting of Financial Assets and Derivative Assets

As of December 31, 2021

Gross Amounts Not Offset

in the Statement of

Financial Condition

Net Amounts of

Assets Presented in

the Statement of

Financial

Condition

Gross

Amounts of

Recognized

Assets

Gross Amounts

Offset in the

Statement of

Financial

Condition

Financial

Instruments

Cash

Collateral

Net Amount

(In thousands)

Description

Derivatives

$

8

$

-

$

8

$

-

$

(8)

$

-

As of December 31, 2020

Gross Amounts Not Offset

in the Statement of

Financial Condition

Net Amounts of

Assets Presented in

the Statement of

Financial

Condition

Gross

Amounts of

Recognized 

Assets

Gross Amounts

Offset in the

Statement of

Financial

Condition

Financial

Instruments

Cash

Collateral

Net Amount

(In thousands)

Description

Derivatives

$

89

$

-

$

89

$

-

$

(89)

$

-

Offsetting Liabilities [Table Text Block]

Offsetting of Financial Liabilities and Derivative Liabilities

As of December 31, 2021

Gross Amounts Not Offset

in the Statement of Financial

Condition

Net Amounts of

Liabilities

Presented in the

Statement of

Financial

Condition

Gross Amounts

of Recognized 

Liabilities

Gross

Amounts

Offset in the

Statement of

Financial

Condition

Financial

Instruments

Cash

Collateral

Net

Amount

(In thousands)

Description

Derivatives

$

1,170

$

-

$

1,170

$

(1,170)

$

-

$

-

Securities sold under agreements to repurchase

300,000

-

300,000

(300,000)

-

-

Total

$

301,170

$

-

$

301,170

$

(301,170)

$

-

$

-

As of December 31, 2020

Gross Amounts Not Offset

in the Statement of Financial

Condition

Net Amounts of

Liabilities

Presented in the

Statement of

Financial

Condition

Gross Amounts

of Recognized 

Liabilities

Gross

Amounts

Offset in the

Statement of

Financial

Condition

Financial

Instruments

Cash

Collateral

Net

Amount

(In thousands)

Description

Derivatives

$

1,919

$

-

$

1,919

$

(1,919)

$

-

$

-

Securities sold under agreements to repurchase

300,000

-

300,000

(300,000)

-

-

Total

$

301,919

$

-

$

301,919

$

(301,919)

$

-

$

-