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LOANS HELD FOR SALE (Tables)
6 Months Ended
Jun. 30, 2023
LOANS HELD FOR SALE  
Schedule of activity of consumer loans held for sale and carried at fair value

    

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(in thousands)

2023

    

2022

    

2023

    

2022

Balance, beginning of period

$

4,688

$

11,709

$

4,706

$

19,747

Origination of consumer loans held for sale

 

30,147

 

98,704

 

52,944

 

195,436

Proceeds from the sale of consumer loans held for sale

 

(29,889)

 

(94,435)

 

(53,449)

 

(201,083)

Net gain on sale of consumer loans held for sale

 

811

 

1,481

 

1,556

 

3,359

Balance, end of period

$

5,757

$

17,459

$

5,757

$

17,459

Schedule of activity of consumer loans held for sale and carried at lower of cost or fair value

    

Three Months Ended

 

Six Months Ended

    

June 30, 

June 30, 

(in thousands)

2023

    

2022

    

2023

    

2022

Balance, beginning of period

$

12,744

$

3,026

$

13,169

$

2,937

Origination of consumer loans held for sale

 

232,257

 

184,078

 

416,682

 

332,560

Proceeds from the sale of consumer loans held for sale

 

(231,412)

 

(174,994)

 

(418,051)

 

(324,626)

Net gain on sale of consumer loans held for sale

 

2,198

 

1,667

 

3,987

 

2,906

Balance, end of period

$

15,787

$

13,777

$

15,787

$

13,777