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OFF-BALANCE SHEET RISK (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Notes Tables |
Schedule of financial instruments whose contract amounts represent credit risk | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(In Thousands) |  | 2020 |  | 2019
Commitments to extend credit | ​ | $ | 317,470 | ​ | $ | 256,896
Standby letters of credit | ​ |  | 9,107 | ​ |  | 8,446
Schedule of expirations of standby letters of credit | ​
​ | ​ | ​ | ​
Year of Expiration |  | (In Thousands)
2021 | ​ | $ | 8,701
2022 | ​ |  | 406
Total | ​ | $ | 9,107

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611 + Details
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