REPURCHASE AGREEMENTS (Tables)

3 Months Ended

Mar. 31, 2021

Banking and Thrift, Other Disclosures [Abstract]

Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets

The table below sets forth information regarding the Company’s repurchase agreements accounted for as secured borrowings and types of collateral for the dates indicated:

(In thousands)	March 31, 2021		December 31, 2020
Customer Repurchase Agreements(1)(2):
Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises	$	106,135	$	70,902
Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises	78,790		90,015
Obligations of states and political subdivisions	1,483		1,522
Total	$	186,408	$	162,439

(1)    Presented within short-term borrowings on the consolidated statements of condition.

(2)    All customer repurchase agreements mature continuously or overnight for the dates indicated.