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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Credit-Related Financial Instruments
Credit-related financial instruments at December 31, 2022 and 2021 were as follows:
December 31,
20222021
(In thousands)
Commitments to extend credit$1,403,118 $1,365,273 
Commercial letters of credit1,082 48,196 
The summary of instruments that are considered financial guarantees in accordance with the authoritative guidance related to guarantor’s accounting and disclosure requirements for guarantees, including indirect guarantees of indebtedness of others, at December 31, 2022 and 2021, is as follows:
December 31,
20222021
(In thousands)
Standby letters of credit and financial guarantees$24,749 $25,203 
Loans sold with recourse110,891 121,778