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MORTGAGE SERVICING RIGHTS (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Mortgage Servicing Rights Activity

Mortgage servicing rights activity for the three and nine month periods ended September 30, 2023 and September 30, 2022 were as follows:


						As of and for the Three Months Ended						As of and for the Three Months Ended						As of and for the Nine Months Ended						As of and for the Nine Months Ended
						September 30, 2023						September 30, 2022						September 30, 2023						September 30, 2022
Mortgage servicing rights:
Mortgage servicing rights, beginning of period						$	4,008					$	4,520					$	4,262					$	4,727

Increase in mortgage servicing rights resulting from transfers of financial assets						86						48						138						275
Amortization during the period						(150)						(197)						(456)						(631)
Mortgage servicing rights, end of period						3,944						4,371						3,944						4,371
Valuation allowance:
Valuation allowance, beginning of period						—						—						—						(566)
Additions						—						—						—						—
Recoveries						—						—						—						566

Valuation allowance, end of period						—						—						—						—
Mortgage servicing rights, net						$	3,944					$	4,371					$	3,944					$	4,371
Fair value of mortgage servicing rights; end of period						$	5,701					$	5,795					$	5,701					$	5,795