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COMMITMENTS AND CONTINGENCIES (Tables) | 12 Months Ended
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Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract] |
Schedule of loan commitments not reflected in financial statements | The following commitments exist at December 31, 2021 and 2020, which are not reflected in the accompanying consolidated financial statements:
|  | As of December 31,
|  | 2021 |  |  | 2020
|  |  | (Dollars in Thousands)
Origination of mortgage loans: |  |  |  |  |  |  |
Fixed rate |  |  | $ | 1,847 |  |  |  |  | $ | 5,517 |
Variable rate |  |  | 14,456 |  |  |  |  | 23,144 |
Undisbursed home equity credit lines |  |  | 33,265 |  |  |  |  | 33,786 |
Undisbursed construction credit lines |  |  | 17,700 |  |  |  |  | 16,264 |
Undisbursed commercial credit lines |  |  | 1,792 |  |  |  |  | 1,594 |
Performance standby letters of credit |  |  | 671 |  |  |  |  | 671 |
Overdraft protection credit lines |  |  | 19,038 |  |  |  |  | 10,548 |
Commitments to purchase investments |  |  | 1,000 |  |  |  |  | — |

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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=123594938&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=123594938&loc=d3e13433-108611 + Details
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