MORTGAGE SERVICING RIGHTS (Tables)

9 Months Ended

Sep. 30, 2025

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):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2025			2024			2025			2024
Beginning balance	$	25,134		$	26,426		$	26,292		$	26,569
Additions		249			207			832			689
Valuation adjustment		(925	)		(2,060	)		(2,666	)		(2,685	)
Ending balance	$	24,458		$	24,573		$	24,458		$	24,573

	September 30,			December 31,
	2025			2024
Mortgage loans serviced for others	$	1,832,082		$	1,903,854
Mortgage servicing rights assets as a percentage of serviced mortgage loans		1.33	%		1.38	%

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:

	September 30,			December 31,
	2025			2024
Weighted average constant prepayment rate		8.22	%		7.16	%
Weighted average discount rate		9.70	%		10.17	%
Weighted average life in years		7.66			8.09