GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2022

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

Gross Carrying Value and Accumulated Amortization of Intangible Assets

The following table provides the gross carrying value and accumulated amortization of intangible assets as of December 31, 2022 and 2021 (in thousands):

	December 31, 2022							December 31, 2021
	Gross carrying value		Accumulated amortization			Net carrying value		Gross carrying value		Accumulated amortization			Net carrying value
Amortized intangible assets (1):
MSRs	$	2,336	$	(1,362	)	$	974	$	2,499	$	(1,326	)	$	1,173
Core deposit intangibles		1,943		(1,645	)		298		1,943		(1,489	)		454
Total amortized intangible assets	$	4,279	$	(3,007	)	$	1,272	$	4,442	$	(2,815	)	$	1,627
Unamortized intangible assets:
Goodwill	$	31,376						$	31,376
(1) Excludes fully amortized intangible assets

Future Amortization Expense for Amortized Intangible Assets

The following table provides the current year and estimated future amortization expense for the next five years of amortized intangible assets (in thousands). We based our projections of amortization expense shown below on existing asset balances at December 31, 2022. Future amortization expense may vary from these projections:

	MSRs		Core deposit intangibles		Total
Year ended December 31, 2022	$	305	$	156	$	461
Estimate for year ended December 31,
2023		267		121		388
2024		211		86		297
2025		162		50		212
2026		121		17		138
2027		88		12		100
2028 and thereafter		125		12		137
Total		974		298		1,272