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BORROWINGS (Tables)
9 Months Ended
Sep. 30, 2025
BORROWINGS  
Schedule of federal funds purchased and FHLBNY advances

Borrowings consisted of the following (in thousands):

Interest Expense

Interest Expense

At

At

Three months ended

    

Nine months ended

September 30, 

December 31, 

    

September 30, 

September 30, 

    

2025

    

2024

2025

    

2024

2025

    

2024

    

Federal funds purchased and securities sold under agreements to repurchase

$

125,000

$

210,000

$

1,257

$

$

3,927

$

151

Federal Home Loan Bank of New York advances

$

150,000

$

240,000

$

1,773

$

2,099

$

6,357

$

8,819

Secured and other borrowings:

Secured borrowings

$

17,355

$

7,441

N.M.

N.M.

N.M.

N.M.

Federal Reserve Bank term loan

$

$

$

$

1,228

$

$

3,522

N.M. – not meaningful