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LOAN SERVICING ACTIVITIES (Tables)
12 Months Ended
Dec. 31, 2023
LOAN SERVICING ACTIVITIES  
Summary of servicing rights asset activity

Year Ended December 31, 

(In thousands)

    

2023

    

2022

    

2021

Servicing right assets:

Beginning of year

$

3,349

$

3,856

$

1,710

Acquired in the Merger

2,070

Additions

 

458

 

659

 

885

Amortized to expense

(639)

(907)

(809)

Sold

(259)

End of year

3,168

3,349

3,856

Valuation allowance:

Beginning of year

(201)

(80)

Additions expensed

 

(36)

 

(121)

 

(80)

End of year

(237)

(201)

(80)

Servicing right assets, net

$

2,931

$

3,148

$

3,776