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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Credit-Related Financial Instruments
Credit-related financial instruments at March 31, 2023 and December 31, 2022 were as follows:
March 31,December 31,
20232022
(In thousands)
Commitments to extend credit$1,423,670 $1,403,118 
Commercial letters of credit224 1,082 
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 March 31, 2023 and December 31, 2022, is as follows:
March 31,December 31,
20232022
(In thousands)
Standby letters of credit and financial guarantees$24,740 $24,749 
Loans sold with recourse108,572 110,891