LOAN SERVICING RIGHTS (Tables)

12 Months Ended

Dec. 31, 2020

Transfers and Servicing [Abstract]

Schedule of other mortgage notes serviced and changes in our mortgage servicing rights

Changes in our commercial FHA loan servicing rights for the years ended December 31, 2020, 2019 and 2018 are summarized as follows:

(dollars in thousands)	2020		2019		2018
Loan servicing rights:
Balance, beginning of period	$	57,637	$	56,252	$	55,714
Originated servicing	1,128		4,124		3,174
Amortization	(3,162)		(2,739)		(2,636)
Permanent impairment	(17,281)		—		—
Balance, end of period	38,322		57,637		56,252
Valuation allowances:
Balance, beginning of period	4,944		2,805		3,254
Additions	12,337		2,698		931
Reductions	(17,281)		(559)		(1,380)
Balance, end of period	—		4,944		2,805
Loan servicing rights, net	$	38,322	$	52,693	$	53,447
Fair value:
At beginning of period	$	52,693	$	53,447	$	52,460
At end of period	$	38,322	$	52,693	$	53,447