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BORROWED FUNDS - Schedule of Borrowed Funds (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Borrowings and junior subordinated debentures    
Principal, Short-term borrowings $ 260,000 $ 0
Principal, Long-term borrowings 246,586 125,509
Total borrowings $ 506,586 $ 125,509
Weighted average rate on short-term borrowings (as percent) 5.54% 0.00%
Weighted average rate on long-term borrowings (as percent) 5.33% 5.52%
Weighted Average Rate 5.44% 5.52%
Advances from the FHLBB    
Borrowings and junior subordinated debentures    
Principal, Short-term borrowings $ 260,000 $ 0
Principal, Long-term borrowings $ 125,223 $ 4,445
Weighted average rate on short-term borrowings (as percent) 5.54% 0.00%
Weighted average rate on long-term borrowings (as percent) 4.80% 0.71%
Subordinated notes    
Borrowings and junior subordinated debentures    
Principal, Long-term borrowings $ 98,335 $ 98,089
Weighted average rate on long-term borrowings (as percent) 5.50% 5.50%
Junior subordinated borrowing - Trust I    
Borrowings and junior subordinated debentures    
Principal, Long-term borrowings $ 15,464 $ 15,464
Weighted average rate on long-term borrowings (as percent) 7.49% 6.54%
Junior subordinated borrowing - Trust II    
Borrowings and junior subordinated debentures    
Principal, Long-term borrowings $ 7,564 $ 7,511
Weighted average rate on long-term borrowings (as percent) 7.35% 6.47%