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FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS (Narrative) (Details) - USD ($) $ in Thousands | 6 Months Ended |
--- | --- | ---
Jun. 30, 2020 | Dec. 31, 2019
Debt Instrument [Line Items] |  |
Advances from Federal Home Loan Banks | $ 105,000 | $ 105,000
FHLB interest rate | 3.20% | 3.20%
FHLB advance | $ 15,000 |
FHLB advance rate | 0.46% |
Cash flow hedge, term | 4 years |
Overnight borrowings with FHLB | $ 15,000 | $ 128,100
Unused commitments from FHLB | 1,800,000 |
Unused short-term or overnight borrowings from correspondent banks | 22,000 |
Unused short-term or overnight borrowings from FRB | 1,000,000 |
Borrowings from the federal reserve’s PPPLF | $ 535,837 |
Paycheck protection program liquidity facility interest rate | 0.35% |
Paycheck protection program liquidity facility term | 2 years |
Interest Rate Swap [Member] |  |
Debt Instrument [Line Items] |  |
FHLB advance | $ 15,000 |
Federal Reserve Bank of New York [Member] |  |
Debt Instrument [Line Items] |  |
Overnight borrowings with FHLB | 0 | 0
Residential Mortgage [Member] |  |
Debt Instrument [Line Items] |  |
Mortgages pledged as collateral for advances | 354,400 | 347,500
Multifamily Property [Member] |  |
Debt Instrument [Line Items] |  |
Mortgages pledged as collateral for advances | 761,700 | 773,100
Securities [Member] |  |
Debt Instrument [Line Items] |  |
Mortgages pledged as collateral for advances | $ 158,400 | $ 154,300

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- Definition Amount of borrowings as of the balance sheet date from the Federal Home Loan Bank, which are primarily used to cover shortages in the required reserve balance and liquidity shortages. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6479118&loc=d3e64650-112822 + Details
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