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BORROWINGS AND RELATED INTEREST (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Federal Home Loan Bank Advances
The following table shows a summary of the advances and their terms, excluding accrued interest in the amount of $28 thousand and $8 thousand at June 30, 2022 and December 31, 2021, respectively:
June 30,December 31,
20222021
(In thousands)
Short-term fixed-rate advances from FHLB, with a weighted average interest rate of 1.21% (December 31, 2021 - 0.35%)
$27,558 $28,480 
Advances from FHLB mature as follows:
June 30,December 31,
20222021
(In thousands)
Under 90 days$27,558 $28,480