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BORROWINGS AND RELATED INTEREST (Tables)
3 Months Ended
Mar. 31, 2023
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 $528 thousand and $103 thousand at March 31, 2023 and December 31, 2022, respectively:
March 31,December 31,
20232022
(In thousands)
Short-term fixed-rate advances from FHLB, with a weighted average interest rate of 4.88% (December 31, 2022 - 4.46%)
$26,133 $26,613 
Long-term fixed-rate advance from FHLB, with a weighted average interest rate of 4.52%
200,000 — 
$226,133 $26,613 
Advances from FHLB mature as follows:
March 31,December 31,
20232022
(In thousands)
Under 90 days$26,133 $26,613 
Over one to three years200,000 — 
$226,133 $26,613