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OTHER REAL ESTATE OWNED (Tables)
12 Months Ended
Dec. 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:
December 31, 2023
December 31, 2022
(In thousands)
OREO balances, carrying value:
Residential
(1)
$
20,261
$
24,025
Construction
1,601
1,764
Commercial
10,807
5,852
Total
$
32,669
$
31,641
(1)
Excludes $
16.6
 
million and $
23.5
 
million as of December 31, 2023
 
and 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.