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MORTGAGE SERVICING RIGHTS (Tables) | 3 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Mortgage Servicing Rights Activity | Mortgage servicing rights activity for the three month periods ended March 31, 2024 and March 31, 2023 were as follows:
|  | As of and for the Three Months Ended |  | As of and for the Three Months Ended |  |  |  |
|  | March 31, 2024 |  | March 31, 2023 |  |  |  |
Mortgage servicing rights: |  |  |  |  |  |  |  |
Mortgage servicing rights, beginning of period |  | $ | 3,865 |  |  | $ | 4,262 |  |  |  |  |
Increase in mortgage servicing rights resulting from transfers of financial assets |  | 57 |  |  | 16 |  |  |  |  |
Amortization during the period |  | (143) |  |  | (158) |  |  |  |  |
Mortgage servicing rights, end of period |  | 3,779 |  |  | 4,120 |  |  |  |  |
Valuation allowance: |  |  |  |  |  |  |  |
Valuation allowance, beginning of period |  | — |  |  | — |  |  |  |  |
Additions |  | (5) |  |  | — |  |  |  |  |
Recoveries |  | — |  |  | — |  |  |  |  |
Valuation allowance, end of period |  | (5) |  |  | — |  |  |  |  |
Mortgage servicing rights, net |  | $ | 3,774 |  |  | $ | 4,120 |  |  |  |  |
Fair value of mortgage servicing rights; end of period |  | $ | 5,442 |  |  | $ | 5,482 |  |  |  |  |

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- References No definition available. + Details
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