FAIR VALUE OF FINANCIAL INSTRUMENTS (Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($)
$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
$ 950,996
|
$ 271,169
|
| Amount of transfers of assets measured on a recurring basis out of Level 1 of the fair value hierarchy into Level 2 |
0
|
0
|
| Amount of transfers of assets measured on a recurring basis out of Level 2 of the fair value hierarchy into Level 1 |
0
|
0
|
| Fair value assets measured at fair value on a non-recurring basis |
0
|
0
|
| Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value liability |
0
|
|
| Carrying Amount | Residential MBS | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
466,551
|
194,688
|
| Carrying Amount | Commercial MBS | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
17,627
|
33,492
|
| Carrying Amount | CRA mutual fund | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
2,273
|
2,313
|
| Carrying Amount | Derivative assets - interest rate cap | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
3,385
|
770
|
| Carrying Amount | Asset-backed Securities | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
4,613
|
|
| Carrying Amount | U.S. Government agency securities | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
66,334
|
37,916
|
| Carrying Amount | U.S. State and Municipal securities | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
11,499
|
|
| Fair Value, Inputs, Level 1 | CRA mutual fund | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
2,273
|
2,313
|
| Fair Value, Inputs, Level 2 | Residential MBS | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
466,551
|
194,688
|
| Fair Value, Inputs, Level 2 | Commercial MBS | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
17,627
|
33,492
|
| Fair Value, Inputs, Level 2 | CRA mutual fund | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
|
0
|
| Fair Value, Inputs, Level 2 | Derivative assets - interest rate cap | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
3,385
|
770
|
| Fair Value, Inputs, Level 2 | Asset-backed Securities | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
4,613
|
|
| Fair Value, Inputs, Level 2 | U.S. Government agency securities | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
66,334
|
$ 37,916
|
| Fair Value, Inputs, Level 2 | U.S. State and Municipal securities | Fair Value, Measurements, Recurring [Member] |
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
| Fair value |
$ 11,499
|
|