BORROWINGS (Tables)

6 Months Ended

Jun. 30, 2025

BORROWINGS

Schedule of federal funds purchased and FHLBNY advances

Borrowings consisted of the following (in thousands):

					Interest Expense				Interest Expense
	At		At		Three months ended				Six months ended
	June 30,		December 31,		June 30,				June 30,
	2025		2024		2025		2024		2025		2024
Federal funds purchased and securities sold under agreements to repurchase	$	50,000	$	210,000	$	1,260	$	—	$	2,670	$	151
Federal Home Loan Bank of New York advances	$	150,000	$	240,000	$	1,829	$	2,330	$	4,584	$	6,719
Secured and other borrowings:
Secured borrowings	$	17,366	$	7,441		N/A		N/A		N/A		N/A
Federal Reserve Bank term loan	$	—	$	—	$	—	$	1,214	$	—	$	2,295

N.A. – not applicable