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BORROWINGS (Tables)
 12 Months Ended
Dec. 31, 2024
BORROWINGS  
Schedule of federal funds purchased and FHLBNY advances

Federal funds purchased and FHLBNY advances consisted of the following (in thousands):

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Interest Expense

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At

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At

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Year ended

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December 31, 

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December 31, 

    

December 31, 

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2024

    

2023

​

2024

    

2023

    

2022

Federal funds purchased and securities sold under agreements to repurchase

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$

210,000

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$

99,000

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$

769

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$

5,651

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$

601

Federal Home Loan Bank of New York advances

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$

240,000

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$

440,000

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$

11,659

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$

17,321

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$

292

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Secured and other borrowings:

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Secured borrowings

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$

7,441

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$

7,585

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N/A

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N/A

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N/A

Federal Reserve Bank term loan

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$

—

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$

—

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$

4,096

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$

—

​

$

—