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Retirement Agreements and Other Postretirement Benefit Plan (Tables)
 12 Months Ended
Dec. 31, 2023
Retirement Benefits [Abstract]  
Components Of Net Periodic Benefits Cost
Cost of the Company’s postretirement benefits included the following components and is presented in the personnel expenses line of its Consolidated Statements of Operations:
(in thousands)20232022
Net periodic benefit cost
Service cost – benefits earned during the year$— $— 
Interest cost on the projected benefit obligation65 26 
Amortization of unrecognized prior service cost— — 
Amortization of unrecognized (gain) loss(37)12 
Net periodic benefits cost at end of year$28 $38 
Schedule of Net Funded Status On The Balance Sheet The effects of the funded status on the Company’s Consolidated Balance Sheets at December 31, 2023 and 2022 are presented in the following table:
(in thousands)20232022
Funded status
Actuarial present value of future benefits:
Fully eligible active employees$(906)$(928)
Non-eligible active employees— — 
Plan assets— — 
Funded status of accumulated postretirement benefit obligation, recognized in accounts payable and accrued liabilities$(906)$(928)
Development Of The Accumulated Postretirement Benefit Obligation
Development of the accumulated postretirement benefit obligation for the years ended December 31, 2023 and 2022 includes the following:
(in thousands)20232022
Accrued postretirement benefit obligation at beginning of year$(928)$(1,118)
Service cost – benefits earned during the year— — 
Interest cost on projected benefit obligation(65)(26)
Actuarial gain87 216 
Accrued postretirement benefit obligation at end of year$(906)$(928)
Changes in Amounts Related to Accumulated Other Comprehensive Income, Pre-Tax
The changes in amounts related to accumulated other comprehensive income, pre-tax, are as follows:
(in thousands)20232022
Balance at beginning of year$44 $(184)
Components of accumulated other comprehensive income:
Unrecognized prior service cost— — 
Amortization of gain (loss), net(37)12 
Actuarial gain61 216 
Balance at end of year$68 $44