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BORROWINGS AND RELATED INTEREST (Tables)
3 Months Ended
Mar. 31, 2024
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 $766 thousand and $768 thousand at March 31, 2024 and December 31, 2023, respectively:
March 31, 2024December 31, 2023
(In thousands)
Long-term fixed-rate advance from FHLB, with a weighted average interest rate of 4.52% (December 31, 2023 - 4.52%)
$200,000 $200,000 
Advances from FHLB mature as follows:
March 31, 2024December 31, 2023
(In thousands)
Over one to three years$200,000 $200,000