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COMMITMENTS AND CONTINGENCIES (Tables) | 12 Months Ended
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Dec. 31, 2024
COMMITMENTS AND CONTINGENCIES |
Schedule of off-balance-sheet financial instruments | The following off-balance-sheet financial instruments whose contract amounts represent credit risk, are outstanding (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | At December 31, 2024 | ​ | At December 31, 2023
​ | ​ | Fixed | ​ | Variable | ​ | Fixed | ​ | Variable
​ |  | Rate |  | Rate |  | Rate |  | Rate
Unused loan commitments | ​ | $ | 108,561 | ​ | $ | 586,821 | ​ | $ | 67,418 | ​ | $ | 527,730
Standby and commercial letters of credit | ​ | ​ | 31,920 | ​ | ​ | — | ​ | ​ | 59,532 | ​ | ​ | —
​ | ​ | $ | 140,481 | ​ | $ | 586,821 | ​ | $ | 126,950 | ​ | $ | 527,730

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- Definition Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) 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://fasb.org/us-gaap/role/ref/legacyRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-10 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
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