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MORTGAGE SERVICING RIGHTS (Tables)
 12 Months Ended
Dec. 31, 2023
MORTGAGE SERVICING RIGHTS [Abstract]  
Change in Fair Value of Mortgage Servicing Rights Asset and Other Information
The following table reflects the changes in fair value of the Company’s mortgage servicing rights asset included in the Consolidated Balance Sheets, and other information related to the serviced portfolio for the periods or dates presented (dollars in thousands):

    Year Ended December 31,  
   
2023
    
2022
    
2021
  
Beginning balance
  
$
27,474
    
$
19,700
    
$
9,049
  
Additions
    
1,470
      
3,069
      
9,196
  
Valuation adjustment
    
(2,375
)
    
4,705
      
1,455
  
Ending balance
  
$
26,569
    
$
27,474
    
$
19,700
  

    December 31,
 
    2023
    2022
 
Mortgage loans serviced for others
  
$
2,001,476
    
$
2,046,490
  
Mortgage servicing rights assets as a percentage of serviced mortgage loans
    
1.33
%
    
1.34
%
Key Assumptions Used in Measuring Fair Value of Mortgage Servicing Rights
The following table reflects the key assumptions used in measuring the fair value of the Company’s mortgage servicing rights as of the dates indicated:

    December 31,
 
   
2023
    
2022
  
Weighted average constant prepayment rate
    
7.46
%
    
7.47
%
Weighted average discount rate
    
10.66
%
    
9.15
%
Weighted average life in years
    
8.09
      
7.91