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INCOME TAXES - Summary of Net Deferred Tax Asset And Liability (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022
--- | --- | ---
Deferred tax assets: |  |
Bad debts | $ 18,384 | $ 18,561
Pension and deferred compensation liability | 1,823 | 2,272
Nonaccrual loan interest | 494 | 256
Long-term incentive plan | 2,342 | 2,894
Lease liability | 1,199 | 1,354
Deferred loan fees | 781 | 572
Accrued legal reserve | 635 | 819
Net operating loss carryforward | 913 | 0
Other | 591 | 1,130
Deferred tax asset | 27,162 | 27,858
Deferred tax liabilities: |  |
Depreciation | 3,645 | 4,257
Loan servicing rights | 570 | 694
State taxes | 949 | 786
Intangible assets | 1,270 | 1,270
REIT spillover dividend | 2,140 | 1,290
Prepaid expenses | 801 | 988
Lease right of use | 1,199 | 1,354
Other | 480 | 585
Deferred tax liability | 11,054 | 11,224
Valuation allowance | 0 | 0
Net deferred tax asset | $ 16,108 | $ 16,634

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