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INCOME TAXES (Schedule of Tax Effects of Temporary Differences that Give Rise to Significant Portions of Deferred Tax Assets and Deferred Tax Liabilities) (Details) - USD ($) $ in Thousands | Dec. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Deferred tax assets: |  |
Allowance for credit losses | $ 19,430 | $ 17,540
Tax net operating loss carryforward | 134 | 262
Capital loss carryforward | 1,548 | 1,763
Organization costs | 3 | 7
Unrealized loss on securities available for sale | 27,182 | 25,408
Unrealized loss on equity security | 558 | 488
Stock compensation expense | 6,081 | 2,621
Nonaccrual interest | 31 | 115
Accrued compensation | 7,923 | 7,201
Accrued expenses | 833 | 1,079
Discount accretion | 1,441 |
Lease liabilities | 11,486 | 3,328
Finance lease | 516 | 672
Other | 1,170 | 1,080
Total gross deferred tax assets | 78,336 | 61,564
Deferred tax liabilities: |  |
Lease financing | 38,343 | 48,002
Cash flow hedge | 2,078 | 1,883
Deferred loan origination costs and fees | 2,090 | 1,878
Deferred income | 4,420 | 4,479
Amortization of intangible assets | 2,451 | 1,245
Lease right-of-use asset | 10,619 | 3,126
Other | 406 | 446
Total gross deferred tax liabilities | 60,407 | 61,059
Net deferred tax asset/(liability) before valuation allowance | 17,929 | 505
Valuation allowance | (1,548) |
Net deferred tax asset/(liability) | $ 16,381 | $ 505

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