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MORTGAGE SERVICING RIGHTS (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in other intangible assets

The following table presents changes in our mortgage servicing rights for the periods presented:

(Dollars in thousands)									Mortgage Servicing Rights
Balance as of December 31, 2020									$	11,865
Additions									1,341
Amortization									(3,468)
Balance as of December 31, 2021									9,738
Additions									631
Amortization									(1,295)
Balance as of December 31, 2022									$	9,074

Schedule of gross carrying value and accumulated amortization related to intangible assets

The gross carrying value, accumulated amortization, and net carrying value related to our mortgage servicing rights as of December 31, 2022 and 2021 are presented below:

			December 31, 2022																		December 31, 2021
(Dollars in thousands)			Gross Carrying Value						Accumulated Amortization						Net Carrying Value						Gross Carrying Value						Accumulated Amortization						Net Carrying Value
Mortgage servicing rights			$	69,413					$	(60,339)					$	9,074					$	72,250					$	(62,512)					$	9,738
Total			$	69,413					$	(60,339)					$	9,074					$	72,250					$	(62,512)					$	9,738

Schedule of estimated amortization expense

Based on our mortgage servicing rights held as of December 31, 2022, estimated amortization expense for the next five succeeding fiscal years and all years thereafter are as follows:

(Dollars in thousands)
Year Ending December 31:
2023			$	994
2024			950
2025			844
2026			749
2027			656
Thereafter			4,881
Total			$	9,074

Schedule of fair market value and key assumptions used in determining the fair market value of our mortgage servicing rights

The following table presents the fair market value and key assumptions used in determining the fair market value of our mortgage servicing rights:

			Year Ended December 31,
(Dollars in thousands)			2022						2021
Fair market value, beginning of period			$	10,504					$	12,003
Fair market value, end of period			12,061						10,504
Weighted-average discount rate			9.5		%				9.5		%
Weighted-average prepayment speed assumption			10.4		%				19.0		%

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