BANK OWNED LIFE INSURANCE AND ANNUITIES (Tables)

12 Months Ended

Dec. 31, 2023

BANK OWNED LIFE INSURANCE AND ANNUITIES

Summary of Changes in Cash Value of BOLI and Annuities

(Dollars in thousands)	Life		Deferred
	Insurance		Annuities		Total
Balance as of January 1, 2022	$	16,261	$	591	$	16,852
Earnings		198		21		219
Premiums on existing policies		8		12		20
Annuity payments received		10		—		10
Death Benefits received		(1,847)		(57)		(1,904)
Balance as of December 31, 2022		14,630		567		15,197
Earnings		204		18		222
Premiums on existing policies		19		12		31
Annuity payments received		—		—		—
Death Benefits received		(460)		(149)		(609)
Balance as of December 31, 2023	$	14,393	$	448	$	14,841