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LOANS HELD FOR SALE (Tables)
6 Months Ended
Jun. 30, 2024
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)

2024

    

2023

    

2024

    

2023

Balance, beginning of period

$

6,093

$

4,688

$

7,914

$

4,706

Origination of consumer loans held for sale

 

42,241

 

30,147

 

77,400

 

52,944

Proceeds from the sale of consumer loans held for sale

 

(41,080)

 

(29,889)

 

(79,091)

 

(53,449)

Net gain on sale of consumer loans held for sale

 

1,087

 

811

 

2,118

 

1,556

Balance, end of period

$

8,341

$

5,757

$

8,341

$

5,757

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)

2024

    

2023

    

2024

    

2023

Balance, beginning of period

$

13,083

$

12,744

$

16,094

$

13,169

Origination of consumer loans held for sale

 

359,900

 

232,257

 

513,088

 

416,682

Proceeds from the sale of consumer loans held for sale

 

(351,675)

 

(231,412)

 

(510,248)

 

(418,051)

Net gain on sale of consumer loans held for sale

 

2,552

 

2,198

 

4,926

 

3,987

Balance, end of period

$

23,860

$

15,787

$

23,860

$

15,787