XML 41 R30.htm IDEA: XBRL DOCUMENT v3.24.1.u1
MORTGAGE LOAN SERVICING (Tables)
3 Months Ended
Mar. 31, 2024
MORTGAGE LOAN SERVICING  
Tabular disclosure of assumptions used in the calculation of fair value of MSR

March 31, 

December 31, 

    

2024

    

2023

  

Prepayment speed

7.50

7.60

%

Discount rate

9.94

9.81

Default rate

1.88

2.27

Schedule of summarized changes to mortgage servicing rights

Three Months Ended March 31, 

    

2024

2023

(in thousands)

Balance, beginning of period

$

46,111

$

48,138

Additions

211

634

Changes in fair value due to:

Reductions from loans paid off during the period

(353)

(371)

Changes in valuation inputs or assumptions

628

(1,321)

Balance, end of period

$

46,597

$

47,080