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GOODWILL, CORE DEPOSIT INTANGIBLES AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 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 consisted of core deposit intangibles and mortgage servicing rights, and the associated accumulated amortization at December 31, 2023, and December 31, 2022, are presented in the table below, in thousands:
 December 31, 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 $82,770 $18,415 $101,185 $76,031 $25,154 
Mortgage servicing rights— — — 13,700 5,860 7,840 
Total$101,185 $82,770 $18,415 $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
Year ending December 31,
2024$5,591 
20254,700 
20263,533 
20272,601 
20281,287 
Thereafter703 
Total$18,415 
Summary of Changes in Servicing Rights
The following table summarizes, in thousands, the changes in capitalized mortgage servicing rights for the twelve months ended December 31, 2023, and December 31, 2022:
 20232022
Balance at January 1,$7,840 $6,412 
Originations24 1,425 
Amortization(210)(1,139)
Sale of mortgage servicing rights(7,654)(516)
Valuation adjustment— 1,658 
Balance at December 31,$— $7,840 
Fair value of mortgage servicing rights $— $7,840 
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
Tranche
Fair Value
15-Year
Tranche
Valuation
Allowance
15-Year
Tranche
Book Value
30-Year
Tranche
Fair Value
30-Year
Tranche
Valuation
Allowance
30-Year
Tranche
December 31, 2022$1,388 $1,388 $— $6,452 $6,452 $—