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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | The provision for income taxes is summarized below:
Current Tax Expense: | 2024 |  | 2023 |  | 2022
Federal | $ | 7,187 |  |  | $ | 4,611 |  |  | $ | 12,263 |
State | 1,251 |  |  | 1,035 |  |  | 3,103 |
Total Current Tax Expense | 8,438 |  |  | 5,646 |  |  | 15,366 |
Deferred Tax (Benefit) Expense: |  |  |  |  |
Federal | (631) |  |  | 1,825 |  |  | (798) |
State | (158) |  |  | (26) |  |  | (454) |
Total Deferred Tax (Benefit) Expense | (789) |  |  | 1,799 |  |  | (1,252) |
Total Provision for Income Taxes | $ | 7,649 |  |  | $ | 7,445 |  |  | $ | 14,114 |
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:
|  | 2024 |  |  | 2023 |  |  |  | 2022
Statutory Federal Tax Rate |  |  | 21.0 | % |  |  |  | 21.0 | % |  |  |  | 21.0 | %
(Decrease) Increase Resulting From: |  |  |  |  |  |  |  |  |  |  |
Tax-Exempt Investment Income |  |  | (2.1) |  |  |  |  | (2.3) |  |  |  |  | (1.4) |
State Taxes, Net of Federal Income Tax Benefit |  |  | 2.3 |  |  |  |  | 2.3 |  |  |  |  | 3.4 |
Bank Owned Life Insurance |  |  | (0.9) |  |  |  |  | (1.0) |  |  |  |  | (0.5) |
Other Items, Net |  |  | 0.2 |  |  |  |  | (0.2) |  |  |  |  | (0.1) |
Effective Tax Rate |  |  | 20.5 | % |  |  |  | 19.8 | % |  |  |  | 22.4 | %
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, 2024 and 2023 are presented below:
| 2024 |  | 2023
Deferred Tax Assets: |  |  |
Net Unrealized Losses on Securities Available-for-Sale Included in Accumulated Other Comprehensive Income | $ | 9,427 |  |  | $ | 11,003 |
Allowance for Credit Losses | 9,068 |  |  | 8,475 |
Lease liabilities | 2,539 |  |  | 2,635 |
Pension and Deferred Compensation Plans | 3,460 |  |  | 3,708 |
Pension Liability Included in Accumulated Other Comprehensive Income | — |  |  | 1,210 |
Historic Tax Credit | — |  |  | 363 |
Other | 773 |  |  | 781 |
Total Gross Deferred Tax Assets | 25,267 |  |  | 28,175 |
Valuation Allowance for Deferred Tax Assets | — |  |  | — |
Total Gross Deferred Tax Assets, Net of Valuation Allowance | $ | 25,267 |  |  | $ | 28,175 |
Deferred Tax Liabilities: |  |  |
Pension Plans | $ | 5,397 |  |  | $ | 5,489 |
Depreciation | 4,692 |  |  | 5,094 |
ROU assets | 2,298 |  |  | 2,426 |
Deferred Income | 3,524 |  |  | 3,905 |
Prepaid Pension Included in Accumulated Other Comprehensive Income | 1,445 |  |  | — |
Net Unrealized Gains on Equity Securities | 241 |  |  | 207 |
Goodwill | 3,373 |  |  | 3,379 |
Gain on Cash Flow Hedge Agreements Included in Accumulated Other Comprehensive Income | 1,620 |  |  | 590 |
Other | 64 |  |  | — |
Total Gross Deferred Tax Liabilities | $ | 22,654 |  |  | $ | 21,090 |
Deferred Tax Asset, Net | $ | 2,613 |  |  | $ | 7,085 |

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