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TRANSACTIONS WITH RELATED PARTIES Activity of Loans to Related Parties (Tables)
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions [Table Text Block]
The following information represents annual activity of loans to related parties for the periods indicated:
202320222021
 (Dollars in thousands)
Principal balance of loans outstanding at beginning of year$26,721 $45,033 $26,343 
Loan advances (1)911 40,427 57,983 
Loan payments/payoffs (1,336)(43,147)(39,293)
Reduction for retired directors and/or changes in director status(14,369)(15,592)— 
Principal balance of loans outstanding at end of year$11,927 $26,721 $45,033 
(1)The 2021 amount includes $10.6 million of loans associated with a new director, which represent the outstanding loans balances at the effective date of appointment.