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RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2022
RELATED PARTY TRANSACTIONS [Abstract]  
Summary of Loan Activity with Officers, Directors, Stockholders and Associates

Certain executive officers and directors of the Company, or companies in which they have 10 percent or more beneficial ownership, were indebted to the Bank. A summary of loan activity for the years ended December 31, 2022 and 2021 with officers, directors, stockholders and associates of such persons is listed below (in thousands):

 
Year Ended December 31,
 
   
2022
   
2021
 
Balance, beginning of year
 
$
11,680
   
$
12,970
 
New loans
   
5,199
     
5,341
 
Repayments
   
(7,287
)
   
(6,631
)
Balance, end of year
 
$
9,592
   
$
11,680