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BORROWINGS (Tables) | 12 Months Ended
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Dec. 31, 2023
BORROWINGS |
Schedule of federal funds purchased and FHLBNY advances | Federal funds purchased and FHLBNY advances consisted of the following (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Interest Expense
​ | ​ | At December 31, | ​ | At December 31, | ​ | Year Ended December 31,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022 |  | 2021
Federal funds purchased and securities sold under agreements to repurchase | ​ | $ | 99,000 | ​ | $ | 150,000 | ​ | $ | 5,651 | ​ | $ | 601 | ​ | $ | —
Federal Home Loan Bank of New York advances | ​ | $ | 440,000 | ​ | $ | 100,000 | ​ | $ | 17,321 | ​ | $ | 292 | ​ | $ | —

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- Definition Tabular disclosure of advances made and reported by Federal Home Loan Bank (FHLBank). + References No definition available. + Details
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