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TRANSACTIONS WITH RELATED PARTIES Activity of Loans to Related Parties (Tables) | 12 Months Ended
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Dec. 31, 2021
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:
| 2021 |  | 2020
| (Dollars in thousands)
Principal balance of loans outstanding at beginning of year | $ | 26,343 |  |  | $ | 55,830 |
Loan advances (1) | 57,983 |  |  | 45,308 |
Loan payments/payoffs | (39,293) |  |  | (74,795) |
Principal balance of loans outstanding at end of year | $ | 45,033 |  |  | $ | 26,343 |
(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.

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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