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OTHER REAL ESTATE OWNED (Tables)
3 Months Ended
Mar. 31, 2023
OTHER REAL ESTATE OWNED [Abstract]  
Schedule Of Other Real Estate Assets And Foreclosed Properties [Table Text Block]
The following table presents the OREO inventory as of the indicated dates:
March 31, 2023
December 31, 2022
(In thousands)
OREO balances, carrying value:
Residential
(1)
$
24,984
$
24,025
Commercial
6,114
5,852
Construction
1,764
1,764
Total
$
32,862
$
31,641
(1)
Excludes $
22.6
 
million and $
23.5
 
million as of March 31,
 
2023 and December 31,
 
2022, respectively,
 
of foreclosures that met
 
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.