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Deferred Compensation Plans | 12 Months Ended
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Dec. 31, 2024
Postemployment Benefits [Abstract] |
Deferred Compensation Plans | Deferred Compensation Plans Deferred compensation plans cover all directors and certain officers. Under the plans, the Corporation pays each participant, or their beneficiary, the value of the participant’s account over a maximum period of 10 years, beginning with the individual’s termination of service. A liability is accrued for the obligation under these plans. A summary of changes in the deferred compensation plan liability follows:
| December 31, 2024 |  | December 31, 2023 |  | December 31, 2022
Balance, beginning of year | $ | 4,108 |  |  | $ | 3,650 |  |  | $ | 3,675 |
Deferrals, dividends, and changes in fair value | 845 |  |  | 638 |  |  | (2) |
Deferred compensation payments | (241) |  |  | (180) |  |  | (23) |
Balance, end of year | $ | 4,712 |  |  | $ | 4,108 |  |  | $ | 3,650 |

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- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 710 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/710/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 712 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/712/tableOfContent Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/715/tableOfContent Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/718/tableOfContent + Details
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- References No definition available. + Details
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