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LOANS HELD FOR SALE (Tables)

3 Months Ended

Mar. 31, 2024

LOANS HELD FOR SALE

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

​

​	​	​	​	​	​	​	​
​		Three Months Ended					​
​	​	March 31,					​
(in thousands)	​	2024			2023		​
​	​	​	​	​	​	​	​
Balance, beginning of period	​	$	7,914	​	$	4,706	​
Origination of consumer loans held for sale	​		35,159	​		22,797	​
Proceeds from the sale of consumer loans held for sale	​		(38,011)	​		(23,560)	​
Net gain on sale of consumer loans held for sale	​		1,031	​		745	​
Balance, end of period	​	$	6,093	​	$	4,688	​

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

​

​	​	​	​	​	​	​	​
​		Three Months Ended
​	​	March 31,					​
(in thousands)	​	2024			2023		​
​	​	​	​	​	​	​	​
Balance, beginning of period	​	$	16,094	​	$	13,169	​
Origination of consumer loans held for sale	​		153,188	​		184,425	​
Proceeds from the sale of consumer loans held for sale	​		(158,573)	​		(186,639)	​
Net gain on sale of consumer loans held for sale	​		2,374	​		1,789	​
Balance, end of period	​	$	13,083	​	$	12,744	​

​

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- Definition

Tabular disclosure of loans held for sale at fair value.

+ References

No definition available.

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- Definition

Tabular disclosure of loans held for sale at lower of cost or fair value.

+ References

No definition available.

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