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MORTGAGE SERVICING RIGHTS (Tables)
 9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of gross carrying value and accumulated amortization related to intangible assets
The following table presents changes in mortgage servicing rights ("MSR") for the periods presented:

(dollars in thousands)
Balance at December 31, 2022$9,074 
Additions261 
Amortization(538)
Balance at September 30, 2023$8,797 
Balance at December 31, 2021$9,738 
Additions593 
Amortization(1,115)
Balance at September 30, 2022$9,216 
The following table presents carrying values and accumulated amortization related to MSR as of the dates presented:

 September 30, 2023December 31, 2022
(dollars in thousands)Gross
Carrying
Value		Accumulated
Amortization		Net
Carrying
Value		Gross
Carrying
Value		Accumulated
Amortization		Net
Carrying
Value
Mortgage servicing rights$69,674 $(60,877)$8,797 $69,413 $(60,339)$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 MSR:

(dollars in thousands)September 30, 2023September 30, 2022
Fair market value, beginning of year$12,061 $10,504 
Fair market value, end of period12,840 12,289 
Weighted average discount rate9.5 %9.5 %
Weighted average prepayment speed assumption10.8 %9.9 %
Schedule of estimated amortization expense
The following table presents the estimated amortization expense for the remainder of fiscal year 2023, the next five succeeding fiscal years, and all years thereafter, based on MSR held as of September 30, 2023:

(dollars in thousands)
Year Ending December 31,
2023 (remainder)$185 
2024848 
2025784 
2026709 
2027640 
2028569 
Thereafter5,062 
Total$8,797