Basis of Accounting and Consolidation (Tables)

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Components of Accumulated Other Comprehensive loss

The components of accumulated other comprehensive loss included in stockholders’ equity as of June 30, 2023 and December 31, 2022 are as follows (in thousands):

	Unrealized Losses on Securities
June 30, 2023
Net unrealized losses on securities available-for-sale	$	(213,470	)
Tax benefit		61,904
Balance at June 30, 2023	$	(151,566	)
December 31, 2022
Net unrealized losses on securities available-for-sale	$	(213,387	)
Tax benefit		61,880
Balance at December 31, 2022	$	(151,507	)

Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income

Amounts reclassified from accumulated other comprehensive loss and the affected line items in the statements of income during the three and six months ended June 30, 2023 and 2022, were as follows (in thousands):

	Amounts Reclassified from Other Comprehensive Income (Loss)
	Three months ended June 30,						Six months ended June 30,
	2023			2022			2023			2022			Affected Line Item in the Statements of Income
Realized gain (loss) on available-for-sale securities	$	(6	)	$	2		$	(52	)	$	2		Securities (loss) gain, net
Tax effect		1			(1	)		14			(1	)	Income taxes
Total reclassifications out of accumulated other comprehensive income (loss)	$	(5	)	$	1		$	(38	)	$	1		Net reclassified amount