MORTGAGE BANKING ACTIVITIES - (Capitalized mortgage servicing rights) (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
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Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
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Servicing Asset at Fair Value, Amount [Roll Forward | |||
Beginning Balance | $ 3,774 | $ 3,452 | $ 910 |
Additions due to loans sold with servicing retained | 4,474 | 1,416 | 3,448 |
Deletions and amortization | (1,732) | (1,344) | (656) |
Valuation Allowance reversal | 0 | 250 | (250) |
Sale of Servicing Rights | (449) | 0 | 0 |
Ending Balance | $ 6,067 | $ 3,774 | $ 3,452 |
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- Definition Increase decrease in valuation Allowance for Impairment of Recognized Servicing Assets, Deductions for Recoveries. No definition available.
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- References No definition available.
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- Definition The value of new servicing assets, subsequently measured at fair value, acquired or created during the current period through purchases or from transfers of financial assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value of an asset representing net future revenue from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Decrease in servicing assets subsequently measured at fair value resulting from conveyance of servicing rights to unrelated parties. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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