Like most meanings in the Bible this can change depending on context to a meaning perverted into the opposite. Instead of a mind full of knowledge and love of the neighbor, the love can be twisted around to pride in one's own self-intelligence and lead toward evil instead of good. The elders and chief priests who sat in judgment on Jesus in Caiaphas' house show the other side of the representation. Elders are mentioned in the Bible mainly in two ways: First the elders of Israel: and second the 24 elders seated about the throne of God in Revelation. In both cases, they mean wisdom, which comes from using the truths we've learned to do what's right in our everyday lives. The elders of Israel mean the chief things of wisdom in the church called Israel. The elders mentioned in Revelation 4 mean the wisdom of the highest heavens, and by extension the whole of the heavens.

356. Internal Meaning of Psalm 106

Of the church instituted among the Jewish nation: it became perverted and revolted. (3)

1-5 Prayer of the Lord to the Father to give help, that He might see the church established. (13, 11, 3)

6-8 Although those who were of the church beheld Divine miracles, they backslid, and yet they were preserved, (3)

9-34 as at the sea Suph and afterwards in the desert (many [instances here recounted]), nevertheless they rebelled. (3)

35-39 They totally destroyed and profaned the truths and goods of the church. (3)

40-43 Therefore the church with them was forsaken by the Lord, and destroyed. (3)

44-46 Then those who were out of the church were heard, (11)

47-48 and a church constituted of them will arise and will worship the Lord. (11, 8)