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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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Tabular disclosure of off-balance sheet risk expirations.

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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.

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