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Cash Value of Life Insurance (Tables) | 12 Months Ended
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Dec. 31, 2023
Cash Value of Life Insurance [Abstract] |
Summary of Activity in Balance of Cash Value of Life Insurance | A summary of the activity in the balance of cash value of life insurance follows:
| Year ended December 31,
(in thousands) | 2023 |  | 2022
Beginning balance | $ | 133,742 |  |  | $ | 117,857 |
Acquired policies from business combination | — |  |  | 13,609 |
Increase in cash value of life insurance | 3,150 |  |  | 2,858 |
Gain on death benefit | — |  |  | 309 |
Insurance proceeds receivable reclassified to other assets | — |  |  | (891) |
Ending balance | $ | 136,892 |  |  | $ | 133,742 |
End of period death benefit | $ | 224,021 |  |  | $ | 223,427 |
Number of policies owned | 216 |  |  | 216 |
Insurance companies used | 14 |  |  | 14 |
Current and former employees and directors covered | 79 |  |  | 79 |

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- Definition Summary of the activity in the balance of cash value of life insurance. + References No definition available. + Details
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