MORTGAGE SERVICING RIGHTS

12 Months Ended

Dec. 31, 2025

MORTGAGE SERVICING RIGHTS [Abstract]

MORTGAGE SERVICING RIGHTS

9.  MORTGAGE SERVICING RIGHTS

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,
	2025			2024			2023
Beginning balance	$	26,292		$	26,569		$	27,474
Additions		1,080			958			1,470
Valuation adjustment		(3,331	)		(1,235	)		(2,375	)
Ending balance	$	24,041		$	26,292		$	26,569

	December 31,
	2025			2024
Mortgage loans serviced for others	$	1,810,579		$	1,903,854
Mortgage servicing rights assets as a percentage of serviced mortgage loans		1.33	%		1.38	%

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,
	2025			2024
Weighted average constant prepayment rate		8.81	%		7.16	%
Weighted average discount rate		9.70	%		10.17	%
Weighted average life in years		7.43			8.09