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Pension and Other Postretirement Plans (Tables)
12 Months Ended
Dec. 31, 2022
Defined Benefit Pension Plans  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Obligations and Funded Status A detail of plan disclosures is provided below.
Obligations and Funded Status
 December 31,
 20222021
 (In thousands)
Changes in projected benefit obligations:  
Projected benefit obligations at beginning of year$22,056 23,927 
Service cost131119 
Interest cost581 528 
Actuarial (gain) loss(4,217)(805)
Benefits paid(1,574)(1,713)
Projected benefit obligations at end of year16,977 22,056 
Changes in plan assets:  
Fair value of plan assets at beginning of year23,241 20,833 
Actual return on plan assets(3,407)3,265 
Contributions250 856 
Benefits paid(1,574)(1,713)
Fair value of plan assets at end of year18,510 23,241 
Funded status at end of year$1,533 1,185 
Schedule of Amounts Recognized in Consolidated Financial Statements and in Accumulated Other Comprehensive Income
 December 31,
 20222021
 (In thousands)
Amounts recognized in the Company's Consolidated Financial Statements:  
Assets$1,533 1,185 
Liabilities— — 
Net amount recognized$1,533 1,185 
Amounts recognized in accumulated other comprehensive income (loss):
Net (gain) loss$4,273 3,642 
Prior service cost— — 
Net amount recognized$4,273 3,642 
Schedule of Components of Net Periodic Benefit Cost
Components of Net Periodic Benefit Cost
 Years Ended December 31,
 202220212020
 (In thousands)
Components of net periodic benefit costs:   
Interest cost$581 528 674 
Service cost131 119 107 
Expected return on plan assets(1,575)(1,425)(1,261)
Amortization of net loss (gain)134 539 580 
Net periodic benefit cost(729)(239)100 
Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss):   
Net loss (gain)765 (2,645)503 
Amortization of net loss (gain)(134)(539)(580)
Total recognized in other comprehensive income (loss)631 (3,184)(77)
Total recognized in net periodic benefit cost and other comprehensive income (loss)$(98)(3,423)23 
Schedule of Assumptions Used
Assumptions

 December 31,
 20222021
Weighted-average assumptions used to determine benefit obligations:  
Discount rate5.00 %2.75 %
Rate of compensation increasen/an/a

 December 31,
 202220212020
Weighted-average assumptions used to determine net periodic benefit cost:   
Discount rate2.75 %2.25 %3.00 %
Expected long-term return on plan assets7.00 %7.00 %7.00 %
Rate of compensation increasen/an/an/a
Schedule of Allocation of Plan Assets The following tables set forth the Company’s pension plan assets within the fair value hierarchy as of December 31, 2022 and 2021.
 December 31, 2022
 TotalLevel 1Level 2Level 3
 (In thousands)
Cash and cash equivalents$787 787 — — 
Equity securities: 
Domestic11,533 11,533 — — 
International117 117 — — 
Debt securities: 
U.S. government agencies601 — 601 — 
Corporate bonds5,471 — 5,471 — 
Other invested assets— — 
Total$18,510 12,438 6,072 — 

 December 31, 2021
 TotalLevel 1Level 2Level 3
 (In thousands)
Cash and cash equivalents$852 852 — — 
Equity securities: 
Domestic15,752 15,752 — — 
International163 163 — — 
Debt securities: 
Corporate bonds6,474 — 6,474 — 
Other invested assets— — — — 
Total$23,241 16,767 6,474 — 
Schedule of Pension Allocation by Type of Fund and Target Allocation
The plan’s weighted-average asset allocations by asset category have been as follows:

 December 31,
 202220212020
Asset Category:   
Equity securities63%68%67%
Debt securities33%28%28%
Cash and cash equivalents4%4%5%
Total100%100%100%
Schedule of Acceptable Ranges for Each Asset as per Investment Policy Statement The investment policy statement sets forth the following acceptable ranges for each asset's class.
 Acceptable Range
Asset Category: 
Equity securities
55-70%
Debt securities
30-40%
Cash and cash equivalents
0-15%
Schedule of Estimated Future Benefit Payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid (in thousands):

2023$1,503 
20241,455 
20251,459 
20261,405 
20271,410 
2028-20326,398 
Chairman and President Non-Qualified Defined Benefit Plans  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Obligations and Funded Status
Obligations and Funded Status

 December 31,
 20222021
 (In thousands)
Changes in projected benefit obligations:  
Projected benefit obligations at beginning of year$44,448 51,571 
Service cost1,038 1,235 
Interest cost1,114 1,044 
Actuarial (gain) loss(13,096)(7,420)
Benefits paid(1,982)(1,982)
Projected benefit obligations at end of year31,522 44,448 
Change in plan assets:  
Fair value of plan assets at beginning of year— — 
Contributions1,982 1,982 
Benefits paid(1,982)(1,982)
Fair value of plan assets at end of year— — 
Funded status at end of year$(31,522)(44,448)
Schedule of Amounts Recognized in Consolidated Financial Statements and in Accumulated Other Comprehensive Income
December 31,
 20222021
 (In thousands)
Amounts recognized in the Company's Consolidated Financial Statements:  
Assets$— — 
Liabilities(31,522)(44,448)
Net amount recognized$(31,522)(44,448)
Amounts recognized in accumulated other comprehensive income (loss):  
Net (gain) loss$(1,509)13,925 
Prior service cost286 345 
Net amount recognized$(1,223)14,270 
Schedule of Components of Net Periodic Benefit Cost
Components of Net Periodic Benefit Cost
 Years Ended December 31,
 202220212020
 (In thousands)
Components of net periodic benefit cost:   
Service cost$1,038 1,235 1,209 
Interest cost1,114 1,044 1,350 
Amortization of prior service cost59 59 59 
Amortization of net loss (gain)2,338 5,131 5,781 
Net periodic benefit cost4,549 7,469 8,399 
Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss):
Net loss (gain)(13,096)(7,420)21,736 
Amortization of prior service cost(59)(59)(59)
Amortization of net loss (gain)(2,338)(5,131)(5,781)
Total recognized in other comprehensive income (loss)(15,493)(12,610)15,896 
Total recognized in net periodic benefit cost and other comprehensive income (loss)$(10,944)(5,141)24,295 
Schedule of Assumptions Used
Assumptions
 December 31,
 20222021
Weighted-average assumptions used to determine benefit obligations:  
Discount rate5.00 %2.75 %
Rate of compensation increase8.00 %8.00 %

 December 31,
 202220212020
Weighted-average assumptions used to determine net periodic benefit costs:   
Discount rate2.75 %2.25 %3.00 %
Expected long-term return on plan assetsn/an/an/a
Rate of compensation increase8.00 %8.00 %8.00 %
Schedule of Estimated Future Benefit Payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid (in thousands):

2023$1,982 
20241,982 
20251,982 
20261,982 
20272,375 
2028-203211,814 
Defined Benefit Postretirement Healthcare Plans  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Obligations and Funded Status measurement date for the plans is December 31st. A detail of plan disclosures related to the plans is provided below:
Obligations and Funded Status

 December 31,
 20222021
 (In thousands)
Changes in projected benefit obligations:  
Projected benefit obligations at beginning of year$6,160 6,469 
Interest cost173 148 
Actuarial (gain) loss(1,927)(457)
Benefits paid— — 
Projected benefit obligations at end of year4,406 6,160 
Changes in plan assets:  
Fair value of plan assets at beginning of year— — 
Contributions— — 
Benefits paid— — 
Fair value of plan assets at end of year— — 
Funded status at end of year$(4,406)(6,160)
Schedule of Amounts Recognized in Consolidated Financial Statements and in Accumulated Other Comprehensive Income
 December 31,
 20222021
 (In thousands)
Amounts recognized in the Company's Consolidated Financial Statements:  
Assets$— — 
Liabilities(4,406)(6,160)
Net amount recognized$(4,406)(6,160)
Amounts recognized in accumulated other comprehensive income (loss):  
Net (gain) loss$(596)1,539 
Prior service cost— — 
Net amount recognized$(596)1,539 
Schedule of Components of Net Periodic Benefit Cost
Components of Net Periodic Benefit Cost

 Years Ended December 31,
 202220212020
 (In thousands)
Components of net periodic benefit cost:  
Interest cost$173 148 165 
Amortization of prior service cost— — — 
Amortization of net loss208 292 158 
Net periodic benefit cost381 440 323 
Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss):   
Net loss (gain)(1,927)(457)522 
Amortization of prior service cost— — — 
Amortization of net loss (gain)(208)(292)(158)
Total recognized in other comprehensive income (loss)(2,135)(749)364 
Total recognized in net periodic benefit cost and other comprehensive income (loss)$(1,754)(309)687 
Schedule of Assumptions Used
Assumptions

 December 31,
 20222021
Weighted-average assumptions used to determine benefit obligations:  
Discount rate5.00 %2.75 %
Expected long-term return on plan assetsn/an/a

 December 31,
 202220212020
Weighted-average assumptions used to determine net periodic benefit costs:   
Discount rate2.75 %2.25 %3.00 %
Expected long-term return on plan assetsn/an/an/a
Schedule of Estimated Future Benefit Payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid (in thousands):

2023$— 
2024— 
2025— 
2026157 
2027119 
2028-20321,416