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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
6 Months Ended
Jun. 30, 2023
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]  
Activity in Accumulated Other Comprehensive Income (Loss)
The following table details activity in accumulated other comprehensive loss for the three months ended June 30, 2023.

(in thousands)
 
Unrealized
losses on
securities
   
Officers’
retirement
plan
   
Directors’
retirement
plan
   
Accumulated
other
comprehensive
loss
 
Balance as of March 31, 2023
 
$
(40,260
)
 
$
(308
)
 
$
53
 
$
(40,515
)
Current period other comprehensive loss
   
(3,690
)
   
     
     
(3,690
)
Balance as of June 30, 2023
 
$
(43,950
)
 
$
(308
)
 
$
53
 
$
(44,205
)

The following table details activity in accumulated other comprehensive loss for the six months ended June 30, 2023.

(in thousands)
 
Unrealized
losses on
securities
   
Officers’
retirement
plan
   
Directors’
retirement
plan
   
Accumulated
other
comprehensive
loss
 
Balance as of December 31, 2022
 
$
(46,273
)
 
$
(308
)
 
$
53
 
$
(46,528
)
Current period other comprehensive income
   
2,323
   
     
     
2,323
Balance as of June 30, 2023
 
$
(43,950
)
 
$
(308
)
 
$
53
 
$
(44,205
)

The following table details activity in accumulated other comprehensive loss for the three months ended June 30, 2022.

(in thousands)
 
Unrealized
gains on
securities
   
Officers’
retirement
plan
   
Directors’
retirement
plan
   
Accumulated
other
comprehensive
loss
 
Balance as of March 31, 2022
 
$
(22,727
)
 
$
(1,420
)
 
$
(13
)
 
$
(24,160
)
Current period other comprehensive loss
   
(10,641
)
   
     
     
(10,641
)
Balance as of June 30, 2022
 
$
(33,368
)
 
$
(1,420
)
 
$
(13
)
 
$
(34,801
)

The following table details activity in accumulated other comprehensive loss for the six months ended June 30, 2022.

(in thousands)
 
Unrealized
gains on
securities
   
Officers’
retirement
plan
   
Directors’
retirement
plan
   
Accumulated
other
comprehensive
loss
 
Balance as of December 31, 2021
 
$
(2,764
)
 
$
(1,420
)
 
$
(13
)
 
$
(4,197
)
Current period other comprehensive loss
   
(30,604
)
   
     
     
(30,604
)
Balance as of June 30, 2022
 
$
(33,368
)
 
$
(1,420
)
 
$
(13
)
 
$
(34,801
)