Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2024

Other Comprehensive Income (Loss), Tax [Abstract]

Other Comprehensive Income (Loss)

Note 11. Other Comprehensive Income (Loss)

The following table presents the changes in each component of accumulated other comprehensive income (loss) as of June 30, 2024 and June 30, 2023 (dollars in thousands).

	AFS Securities			Total
Accumulated other comprehensive loss at December 31, 2023	$	(40,044	)	$	(40,044	)
Other comprehensive loss arising during the period		(3,730	)		(3,730	)
Related income tax effects		783			783
		(2,947	)		(2,947	)
Reclassification into net income		4			4
Related income tax effects		(1	)		(1	)
		3			3
Accumulated other comprehensive loss at June 30, 2024	$	(42,988	)	$	(42,988	)
	AFS Securities			Interest Rate Swap			Total
Accumulated other comprehensive loss at December 31, 2022	$	(49,024	)	$	400		$	(48,624	)
Other comprehensive income (loss) arising during the period		3,647			(46	)		3,601
Related income tax effects		(766	)		9			(757	)
		2,881			(37	)		2,844
Reclassification into net income		206			(460	)		(254	)
Related income tax effects		(43	)		97			54
		163			(363	)		(200	)
Accumulated other comprehensive loss at June 30, 2023	$	(45,980	)	$	-		$	(45,980	)