SHORT-TERM BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Summary of Outstanding Balances and Related Information for Short-Term Borrowings

The outstanding balances and related information for short-term borrowings are summarized as follows at December 31, 2023 and 2022:

(In Thousands)	2023			2022
Repurchase Agreements:
Balance at year end	$	3,631		$	5,153
Maximum amount outstanding at any month end	5,153			6,634
Average balance outstanding during the year	4,110			5,216
Weighted-average interest rate:
At year end	0.45		%	0.29		%
Paid during the year	0.57		%	0.16		%
Overnight:
Balance at year end	$	92,295		$	148,196
Maximum amount outstanding at any month end	178,010			148,196
Average balance outstanding during the year	126,742			24,099
Weighted-average interest rate:
At year end	5.68		%	4.45		%
Paid during the year	5.45		%	4.14		%
Short-Term:
Balance at year end	$	50,000		$	—
Maximum amount outstanding at any month end	50,000			—
Average balance outstanding during the year	26,288			—
Weighted-average interest rate:
At year end	5.62		%	—		%
Paid during the year	5.59		%	—		%

Summary of Remaining Contractual Maturity of Repurchase Agreements

The remaining contractual maturity of repurchase agreements in the consolidated balance sheets as of December 31, 2023 and 2022 is presented in the following tables.

	2023		2022
	Remaining Contractual Maturity of the Agreements
(In Thousands)	Overnight and Continuous		Overnight and Continuous
Repurchase Agreements:
State and political securities	$	7,976	$	6,193
Other debt securities	—		972
Total carrying value of collateral pledged	$	7,976	$	7,165
Total liability recognized for repurchase agreements	$	3,631	$	5,153