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GOODWILL, CORE DEPOSIT PREMIUM AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Gross Carrying Amount and Accumulated Amortization of Other Intangible Assets
The gross carrying amount of other intangible assets, which consists of core deposit intangibles and mortgage servicing rights, and the associated accumulated amortization at June 30, 2023, and December 31, 2022, are presented in the table below, in thousands:
 June 30, 2023December 31, 2022
 Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Amortizing intangible assets:    
Core deposit intangibles$101,185 $79,534 $21,651 $101,185 $76,031 $25,154 
Mortgage servicing rights— — — 13,700 5,860 7,840 
Total$101,185 $79,534 $21,651 $114,885 $81,891 $32,994 
Schedule of Estimated Future Amortization Expense of Amortizable Intangible Assets
The following table shows the estimated future amortization expense for amortizable intangible assets, in thousands:
 Core Deposit Intangibles
Six months ending December 31, 2023$3,236 
Year ending December 31,
20245,591 
20254,700 
20263,533 
20272,601 
20281,287 
Thereafter703 
Total$21,651 
Summary of Changes in Servicing Rights The following table summarizes, in thousands, the changes in capitalized mortgage servicing rights for the six months ended June 30, 2023, and June 30, 2022:
 20232022
Balance at January 1,$7,840 $6,412 
Originations24 904 
Amortization(210)(686)
Sale of mortgage servicing rights(7,654)— 
Valuation adjustment— 1,658 
Balance at period end$— $8,288 
Mortgage servicing rights, net to servicing portfolio— %1.13 %
Schedule of Servicing Asset at Fair Value and Amortized Cost
The following table summarizes, in thousands, the book value, the fair value of each tranche of the mortgage servicing rights and any recorded valuation allowance at December 31, 2022.
Book Value 15-Year TrancheFair Value 15-Year TrancheValuation Allowance
15-Year Tranche
Book Value 30-Year TrancheFair Value 30-Year TrancheValuation Allowance
30-Year Tranche
December 31, 2022$1,388 $1,388 $— $6,452 $6,452 $—