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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Summary of Significant Accounting Policies [Abstract]  
Impact of ASC 326 Adoption The following table illustrates the impact of the adoption of the CECL model under ASC 326 on the Company’s consolidated statements of financial position as of January 1, 2023:


   
Pre-CECL
Adoption
   
Impact of CECL
Adoption
   
As Reported
Under CECL
 
   
(In thousands)
 
Assets:
                 
Allowance for credit losses on available-for-sale securities
 
$
   
$
   
$
 
Allowance for credit losses on loans
   
4,388
     
1,809
     
6,197
 
Deferred tax assets
   
11,872
     
508
     
12,380
 
Liabilities:
                       
Allowance for credit losses on off-balance sheet exposures
   
412
     
(45
)
   
367
 
Stockholders’ equity:
                       
Retained earnings
   
9,294
     
(1,256
)
   
8,038