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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | The provision for income taxes is summarized below:
Current Tax Expense: | 2023 |  | 2022 |  | 2021
Federal | $ | 4,611 |  |  | $ | 12,263 |  |  | $ | 10,957 |
State | 1,035 |  |  | 3,103 |  |  | 2,645 |
Total Current Tax Expense | 5,646 |  |  | 15,366 |  |  | 13,602 |
Deferred Tax Expense (Benefit): |  |  |  |  |
Federal | 1,825 |  |  | (798) |  |  | 712 |
State | (26) |  |  | (454) |  |  | 233 |
Total Deferred Tax Expense (Benefit) | 1,799 |  |  | (1,252) |  |  | 945 |
Total Provision for Income Taxes | $ | 7,445 |  |  | $ | 14,114 |  |  | $ | 14,547 |
Schedule of Effective Income Tax Rate Reconciliation | The provisions for income taxes differed from the amounts computed by applying the U.S. Federal Income Tax Rate of 21% to pre-tax income as a result of the following:
|  | 2023 |  |  | 2022 |  |  |  | 2021
Statutory Federal Tax Rate |  |  | 21.0 | % |  |  |  | 21.0 | % |  |  |  | 21.0 | %
(Decrease) Increase Resulting From: |  |  |  |  |  |  |  |  |  |  |
Tax-Exempt Income |  |  | (2.3) |  |  |  |  | (1.4) |  |  |  |  | (1.5) |
State Taxes, Net of Federal Income Tax Benefit |  |  | 2.3 |  |  |  |  | 3.4 |  |  |  |  | 3.4 |
Other Items, Net |  |  | (1.2) |  |  |  |  | (0.6) |  |  |  |  | (0.3) |
Effective Tax Rate |  |  | 19.8 | % |  |  |  | 22.4 | % |  |  |  | 22.6 | %
Schedule of Deferred Tax Assets and Liabilities | The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2023 and 2022 are presented below:
| 2023 |  | 2022
Deferred Tax Assets: |  |  |
Net Unrealized Losses on Securities Available-for-Sale Included in Accumulated Other Comprehensive Income | $ | 11,003 |  |  | $ | 16,914 |
Allowance for Credit Losses | 8,475 |  |  | 8,199 |
Lease liabilities | 2,635 |  |  | 2,821 |
Pension and Deferred Compensation Plans | 3,708 |  |  | 3,571 |
Pension Liability Included in Accumulated Other Comprehensive Income | 1,210 |  |  | 1,692 |
Historic Tax Credit | 363 |  |  | 749 |
Other | 781 |  |  | 745 |
Total Gross Deferred Tax Assets | 28,175 |  |  | 34,691 |
Valuation Allowance for Deferred Tax Assets | — |  |  | — |
Total Gross Deferred Tax Assets, Net of Valuation Allowance | $ | 28,175 |  |  | $ | 34,691 |
Deferred Tax Liabilities: |  |  |
Pension Plans | $ | 5,489 |  |  | $ | 5,606 |
Depreciation | 5,094 |  |  | 3,165 |
ROU assets | 2,426 |  |  | 2,646 |
Deferred Income | 3,905 |  |  | 3,266 |
Net Unrealized Gains on Equity Securities | 207 |  |  | 272 |
Goodwill | 3,379 |  |  | 3,416 |
Gain on Cash Flow Hedge Agreements Included in Accumulated Other Comprehensive Income | 590 |  |  | 1,404 |
Total Gross Deferred Tax Liabilities | $ | 21,090 |  |  | $ | 19,775 |
Deferred Tax Asset, Net | $ | 7,085 |  |  | $ | 14,916 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
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