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SECURITIES (Tables)
 3 Months Ended
Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Summary of amortized cost of securities available for sale and their estimated fair value
The amortized cost of securities available for sale and their estimated fair values at March 31, 2022 and December 31, 2021 are as follows:

Amortized
Cost		Gross Unrealized GainsGross Unrealized LossesEstimated
Fair
Value
(In thousands)
March 31, 2022
Available for sale
U.S. Treasury Note$46,939 $— $(1,666)$45,273 
Corporate Bonds86,560 415 (1,749)85,226 
U.S. Government agency obligations22,885 23 (544)22,364 
Obligations issued by U.S. states and their political subdivisions
19,115 293 (210)19,198 
Mortgage-backed securities:
Residential one-to-four family
178,941 5 (10,607)168,339 
Multifamily
29,604 36 (427)29,213 
Asset-backed securities6,269 — (268)6,001 
Total available-for-sale$390,313 $772 $(15,471)$375,614 
    
December 31, 2021
Available for sale
U.S. Treasury Note$36,933 $4 $(105)$36,832 
Corporate Bonds86,118 1,791 (290)87,619 
U.S. Government agency obligations23,462 46 (179)23,329 
Obligations issued by U.S. states and their political subdivisions
19,172 1,152 — 20,324 
Mortgage-backed securities:
Residential one-to-four family
116,166 140 (1,905)114,401 
Multifamily
35,412 598 (94)35,916 
Asset-backed securities6,538 3 (70)6,471 
Total available-for-sale$323,801 $3,734 $(2,643)$324,892 
Summary of amortized cost of securities held to maturity and their estimated fair value
The amortized cost of securities held-to-maturity and their estimated fair values at March 31, 2022 and December 31, 2021, are as follows:
Amortized CostGross Unrecognized GainsGross Unrecognized LossesEstimated
Fair
Value
(In thousands)
March 31, 2022
Held-to-maturity
     Asset-backed securities$15,238 $— $(1,306)$13,932 
     Corporate bonds14,600 1 (540)14,061 
Total held-to-maturity$29,838 $1 $(1,846)$27,993 
Amortized CostGross Unrecognized GainsGross Unrecognized LossesEstimated
Fair
Value
(In thousands)
December 31, 2021
Held-to-maturity
Corporate bonds$8,000 $— $(59)$7,941 
     Asset-backed securities15,281 — (373)14,908 
Total Held-to-maturity$23,281 $— $(432)$22,849 
Summary of amortized cost and fair value of debt securities shown by contractual maturity
The amortized cost and fair value of debt securities are shown below by contractual maturity. Expected maturities on mortgage-backed securities may differ from contractual maturities as borrowers may have the right to call or prepay obligations with or without penalties. Securities not due at a single maturity are shown separately.

March 31, 2022
Amortized CostEstimated Fair Value
(In thousands)
Available-for-sale
Due in one year or less$5,420 $5,440 
Due from one year to five years97,836 95,474 
Due from five to ten years55,726 54,965 
Due after ten years16,517 16,182 
Mortgage-backed and asset-backed securities214,814 203,553 
Total$390,313 $375,614 
Held-to-maturity
  Due from one year to five years$6,058 $5,594 
  Due from five to ten years 21,780 20,410 
Due after ten years2,000 1,989 
Total$29,838 $27,993 
Summary of available-for-sale securities with unrealized losses
The following tables summarize available-for-sale securities with unrealized losses at March 31, 2022 and December 31, 2021, aggregated by major security type and length of time in a continuous loss position.

Less than 12 Months12 Months or MoreTotal
Unrealized LossesEstimated
Fair Value		Unrealized LossesEstimated
Fair Value		Unrealized LossesEstimated
Fair Value
(In thousands)
March 31, 2022
Available for sale
U.S. Treasury Note$(1,083)$38,949 $(583)$6,324 $(1,666)$45,273 
Corporate Bonds(1,381)45,434 (368)4,988 (1,749)50,422 
U.S. Government agency obligations(356)9,643 (188)7,419 (544)17,062 
Obligations issued by U.S. states and their political subdivisions(210)2,925 — — (210)2,925 
Mortgage-backed securities:
Residential one-to-four family(6,795)129,328 (3,812)38,897 (10,607)168,225 
Multifamily(304)12,654 (124)784 (427)13,438 
Asset-backed securities(139)4,601 (128)1,400 (268)6,001 
Total available-for-sale$(10,268)$243,534 $(5,203)$59,812 $(15,471)$303,346 
December 31, 2021
Available for sale
U.S. Treasury Note$(105)$16,814 $— $— $(105)$16,814 
Corporate Bonds(290)17,183 — — (290)17,183 
U.S. Government agency obligations(49)9,951 (130)7,980 (179)17,931 
Mortgage-backed securities:
Residential one-to-four family(1,761)104,805 (144)3,009 (1,905)107,814 
Multifamily— — (94)910 (94)910 
Asset-backed securities(70)4,458 — — (70)4,458 
Total available-for-sale$(2,275)$153,211 $(368)$11,899 $(2,643)$165,110