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Other Comprehensive (Loss) Income (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Tax Effects Allocated to Each Component of Other Comprehensive (Loss) Income

The tax effects allocated to each component of other comprehensive (loss) income were as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

 

 

Before Tax Amount

 

 

Tax Effect

 

 

Net of Tax Amount

 

 

Before Tax Amount

 

 

Tax Effect

 

 

Net of Tax Amount

 

 

 

(Dollars in thousands)

 

Other comprehensive loss:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Change in unrealized loss during period

 

$

(1,184

)

 

$

249

 

 

$

(935

)

 

$

(4

)

 

$

1

 

 

$

(3

)

Total securities available for sale

 

 

(1,184

)

 

 

249

 

 

 

(935

)

 

 

(4

)

 

 

1

 

 

 

(3

)

Total other comprehensive loss

 

$

(1,184

)

 

$

249

 

 

$

(935

)

 

$

(4

)

 

$

1

 

 

$

(3

)

Activity in Accumulated Other Comprehensive Loss Associated with Securities Available for Sale, Net of Tax

Activity in accumulated other comprehensive loss associated with securities available for sale, net of tax, was as follows:

 

 

 

Securities Available
for Sale

 

 

Accumulated Other Comprehensive Income (Loss)

 

 

 

(Dollars in thousands)

 

Balance at December 31, 2023

 

$

(1,398

)

 

$

(1,398

)

Other comprehensive loss

 

 

(935

)

 

 

(935

)

Balance at March 31, 2024

 

$

(2,333

)

 

$

(2,333

)

 

 

 

 

 

 

 

Balance at December 31, 2022

 

$

(3,473

)

 

$

(3,473

)

Other comprehensive loss

 

 

(3

)

 

 

(3

)

Balance at March 31, 2023

 

$

(3,476

)

 

$

(3,476

)