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COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands | Mar. 31, 2021 | Dec. 31, 2020
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Standby letters of credit |  |
COMMITMENTS AND CONTINGENCIES |  |
Financial instruments off-balance sheet credit risks | $ 10,235 | $ 10,031
Commitments to extend credit |  |
COMMITMENTS AND CONTINGENCIES |  |
Financial instruments off-balance sheet credit risks | $ 523,646 | $ 530,191

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- Definition The fair value of financial assets, which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611 + Details
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