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FAIR VALUE OF FINANCIAL INSTRUMENTS (Qualitative Information for Assets and Liabilities) (Details) $ in Thousands | 6 Months Ended |  |  |  |
--- | --- | --- | --- | --- | ---
Jun. 30, 2022 USD ($) | Jun. 30, 2021 USD ($) | Mar. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Mar. 31, 2021 USD ($) | Dec. 31, 2020 USD ($)
Fair Value |  |  |  |  |  |
Investment securities available-for-sale | $ 1,159,570 |  |  | $ 510,713 |  |
Servicing assets | 49,280 | $ 47,712 | $ 49,446 | 48,973 | $ 47,911 | $ 47,295
Other repossessed assets | $ 2,533 |  |  | $ 1,945 |  |
Minimum |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Constant prepayment rate | 3.60% | 4.82% |  |  |  |
Maximum |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Constant prepayment rate | 22.71% | 25.64% |  |  |  |
Level 3 | Cash flow valuation | Other debt securities available for sale |  |  |  |  |  |
Fair Value |  |  |  |  |  |
Investment securities available-for-sale | $ 1,581 |  |  |  |  |
Level 3 | Cash flow valuation | Other debt securities available for sale | Recovery Rate |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Other debt securities, measurement input | 0.3308 |  |  |  |  |
Level 3 | Cash flow valuation | Servicing Assets |  |  |  |  |  |
Fair Value |  |  |  |  |  |
Servicing assets | $ 49,280 |  |  |  |  |
Level 3 | Cash flow valuation | Minimum | Other debt securities available for sale |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Credit rating | Baa1 |  |  |  |  |
Level 3 | Cash flow valuation | Minimum | Other debt securities available for sale | Probability of Default Rate |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Other debt securities, measurement input | 0.0015 |  |  |  |  |
Level 3 | Cash flow valuation | Minimum | Servicing Assets |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Constant prepayment rate | 3.60% |  |  |  |  |
Discount rate | 10.00% |  |  |  |  |
Level 3 | Cash flow valuation | Maximum | Other debt securities available for sale |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Credit rating | Baa3 |  |  |  |  |
Level 3 | Cash flow valuation | Maximum | Other debt securities available for sale | Probability of Default Rate |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Other debt securities, measurement input | 0.0212 |  |  |  |  |
Level 3 | Cash flow valuation | Maximum | Servicing Assets |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Constant prepayment rate | 22.71% |  |  |  |  |
Discount rate | 15.50% |  |  |  |  |
Level 3 | Cash flow valuation | Weighted Average | Other debt securities available for sale |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Credit rating | Baa2 |  |  |  |  |
Level 3 | Cash flow valuation | Weighted Average | Other debt securities available for sale | Probability of Default Rate |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Other debt securities, measurement input | 0.0015 |  |  |  |  |
Level 3 | Cash flow valuation | Weighted Average | Other debt securities available for sale | Recovery Rate |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Other debt securities, measurement input | 0.3308 |  |  |  |  |
Level 3 | Cash flow valuation | Weighted Average | Servicing Assets |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Constant prepayment rate | 5.90% |  |  |  |  |
Discount rate | 11.45% |  |  |  |  |
Level 3 | Fair value of property or collateral | Collateralized loan obligations |  |  |  |  |  |
Fair Value |  |  |  |  |  |
Collateral dependent loans | $ 21,565 |  |  |  |  |
Level 3 | Fair value of property or collateral | Foreclosed real estate |  |  |  |  |  |
Fair Value |  |  |  |  |  |
Foreclosed real estate | 15,061 |  |  |  |  |
Level 3 | Fair value of property or collateral | Other repossessed assets |  |  |  |  |  |
Fair Value |  |  |  |  |  |
Other repossessed assets | $ 2,533 |  |  |  |  |
Level 3 | Fair value of property or collateral | Minimum | Collateralized loan obligations |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Appraised value less disposition costs | 10.20% |  |  |  |  |
Level 3 | Fair value of property or collateral | Minimum | Foreclosed real estate |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Appraised value less disposition costs | 10.20% |  |  |  |  |
Level 3 | Fair value of property or collateral | Minimum | Other repossessed assets |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Estimated net realizable value less disposition costs | 20.00% |  |  |  |  |
Level 3 | Fair value of property or collateral | Maximum | Collateralized loan obligations |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Appraised value less disposition costs | 33.20% |  |  |  |  |
Level 3 | Fair value of property or collateral | Maximum | Foreclosed real estate |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Appraised value less disposition costs | 33.20% |  |  |  |  |
Level 3 | Fair value of property or collateral | Maximum | Other repossessed assets |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Estimated net realizable value less disposition costs | 90.00% |  |  |  |  |
Level 3 | Fair value of property or collateral | Weighted Average | Collateralized loan obligations |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Appraised value less disposition costs | 17.16% |  |  |  |  |
Level 3 | Fair value of property or collateral | Weighted Average | Foreclosed real estate |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Appraised value less disposition costs | 11.69% |  |  |  |  |
Level 3 | Fair value of property or collateral | Weighted Average | Other repossessed assets |  |  |  |  |  |
Unobservable Input |  |  |  |  |  |
Estimated net realizable value less disposition costs | 61.76% |  |  |  |  |

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- Definition Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt. + References No definition available. + Details
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