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Other Comprehensive Income (Loss) (Tables) | 12 Months Ended
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Dec. 31, 2024
Equity [Abstract] |
Components of Other Comprehensive Income (Loss) | The following table presents the components of other comprehensive income (loss), net of tax, as of December 31, 2024, 2023 and 2022:
|  | Before Tax |  |  | Tax Effect |  |  | Net of Tax |
Year Ended December 31, 2024 |  |  |  |  |  |  |  |  |
Net unrealized losses on investment securities: |  |  |  |  |  |  |  |  |
Other comprehensive loss before reclassifications |  | $ | (7,338 | ) |  | $ | (1,537 | ) |  | $ | (5,801 | )
Amounts reclassified from accumulated other comprehensive loss |  |  | (33 | ) |  |  | (7 | ) |  |  | (26 | )
Net unrealized losses on investment securities |  |  | (7,371 | ) |  |  | (1,544 | ) |  |  | (5,827 | )
Defined benefit plans: |  |  |  |  |  |  |  |  |
Other comprehensive income before reclassifications |  |  | — |  |  |  | — |  |  |  | — |
Amounts reclassified from accumulated other comprehensive loss |  |  | — |  |  |  | — |  |  |  | — |
Defined benefit plans, net |  |  | — |  |  |  | — |  |  |  | — |
Other comprehensive loss |  | $ | (7,371 | ) |  | $ | (1,544 | ) |  | $ | (5,827 | )
Year Ended December 31, 2023 |  |  |  |  |  |  |  |  |
Net unrealized gains on investment securities: |  |  |  |  |  |  |  |  |
Other comprehensive gain before reclassifications |  | $ | 12,330 |  |  | $ | 2,583 |  |  | $ | 9,747 |
Amounts reclassified from accumulated other comprehensive loss |  |  | — |  |  |  | — |  |  |  | — |
Net unrealized gains on investment securities |  |  | 12,330 |  |  |  | 2,583 |  |  |  | 9,747 |
Defined benefit plans: |  |  |  |  |  |  |  |  |
Other comprehensive income before reclassifications |  |  | 972 |  |  |  | 204 |  |  |  | 768 |
Amounts reclassified from accumulated other comprehensive loss |  |  | — |  |  |  | — |  |  |  | — |
Defined benefit plans, net |  |  | 972 |  |  |  | 204 |  |  |  | 768 |
Other comprehensive loss |  | $ | 13,302 |  |  | $ | 2,787 |  |  | $ | 10,515 |
Year Ended December 31, 2022 |  |  |  |  |  |  |  |  |
Net unrealized losses on investment securities: |  |  |  |  |  |  |  |  |
Other comprehensive loss before reclassifications |  | $ | (85,517 | ) |  | $ | (18,079 | ) |  | $ | (67,438 | )
Amounts reclassified from accumulated other comprehensive loss |  |  | (10 | ) |  |  | (2 | ) |  |  | (8 | )
Net unrealized losses on investment securities |  |  | (85,527 | ) |  |  | (18,081 | ) |  |  | (67,446 | )
Defined benefit plans: |  |  |  |  |  |  |  |  |
Other comprehensive income before reclassifications |  |  | 736 |  |  |  | 155 |  |  |  | 581 |
Amounts reclassified from accumulated other comprehensive loss |  |  | — |  |  |  | — |  |  |  | — |
Defined benefit plans, net |  |  | 736 |  |  |  | 155 |  |  |  | 581 |
Other comprehensive loss |  | $ | (84,791 | ) |  | $ | (17,926 | ) |  | $ | (66,865 | )
The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax, as of December 31, 2024, 2023 and 2022.
|  | For the Year Ended December 31, 2024 |  |  | For the Year Ended December 31, 2023 |  |  | For the Year Ended December 31, 2022 |
|  | Unrealized Gains and Losses on Available for Sale Securities |  |  | Defined Benefit Pension Items |  |  | Total |  |  | Unrealized Gains and Losses on Available for Sale Securities |  |  | Defined Benefit Pension Items |  |  | Total |  |  | Unrealized Gains and Losses on Available for Sale Securities |  |  | Defined Benefit Pension Items |  |  | Total |
Beginning balance |  | $ | (43,024 | ) |  | $ | (4,506 | ) |  | $ | (47,530 | ) |  | $ | (52,771 | ) |  | $ | (5,274 | ) |  | $ | (58,045 | ) |  | $ | 14,675 |  |  | $ | (5,855 | ) |  | $ | 8,820 |
Other comprehensive income (loss) before classifications |  |  | (5,801 | ) |  |  | — |  |  |  | (5,801 | ) |  |  | 9,747 |  |  |  | 768 |  |  |  | 10,515 |  |  |  | (67,438 | ) |  |  | 581 |  |  |  | (66,857 | )
Amounts reclassified from accumulated other comprehensive income (loss) |  |  | (26 | ) |  |  | — |  |  |  | (26 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (8 | ) |  |  | — |  |  |  | (8 | )
Net current-period other comprehensive income(loss) |  |  | (5,827 | ) |  |  | — |  |  |  | (5,827 | ) |  |  | 9,747 |  |  |  | 768 |  |  |  | 10,515 |  |  |  | (67,446 | ) |  |  | 581 |  |  |  | (66,865 | )
Ending balance |  | $ | (48,851 | ) |  | $ | (4,506 | ) |  | $ | (53,357 | ) |  | $ | (43,024 | ) |  | $ | (4,506 | ) |  | $ | (47,530 | ) |  | $ | (52,771 | ) |  | $ | (5,274 | ) |  | $ | (58,045 | )
Amounts Reclassified Out of Each Component of Accumulated Other Comprehensive Loss | The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss as of December 31, 2024, 2023 and 2022.
|  | Amount Reclassified from Accumulated Other Comprehensive Loss (a) |  |  |  |
|  | For the year ended December 31, |  |  |  |
Details about Accumulated Other Comprehensive Income (Loss) Components |  | 2024 |  |  |  | 2023 |  |  |  | 2022 |  |  |  | Affected Line Item in the Statement Where Net Income is Presented
Unrealized gains (losses) on available for sale securities |  | $ | 33 |  |  |  | $ | — |  |  |  | $ | 10 |  |  |  | Net gain on sale of securities
Tax effect |  |  | (7 | ) |  |  |  | — |  |  |  |  | (2 | ) |  |  | Income taxes
|  |  | 26 |  |  |  |  | — |  |  |  |  | 8 |  |  |  |
Amortization of defined benefit pension items |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial losses |  |  | — |  | (b) |  |  | — |  | (b) |  |  | — |  | (b) |  | Other operating expenses
Tax effect |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  | Income taxes
|  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |
Total reclassifications for the period |  | $ | 26 |  |  |  | $ | — |  |  |  | $ | 8 |  |  |  |
(a) Amounts in parentheses indicate expenses and other amounts indicate income. (b) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension cost.

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