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Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2024

Retirement Benefits [Abstract]

Changes in the projected benefit obligation, plan assets and Accrued pension benefit costs

Changes in the projected benefit obligation and plan assets during each year, the funded status of the plan, and the net amount recognized in our consolidated balance sheets using an actuarial measurement date of December 31, are summarized as follows during the years ended December 31:

			2024						2023
Change in benefit obligation
Benefit obligation, beginning balance			$	6,628					$	6,896
Interest cost			294						317
Actuarial loss (gain)			(76)						(241)
Benefits paid, including plan expenses			(443)						(344)
Benefit obligation, ending balance			6,403						6,628
Change in plan assets
Fair value of plan assets, beginning balance			7,066						6,582
Investment return (loss)			680						828
Contributions			—						—
Benefits paid, including plan expenses			(443)						(344)
Fair value of plan assets, ending balance			7,303						7,066
Surplus (deficiency) in funded status, ending balance			$	900					$	438
Accumulated benefit obligation, ending balance			$	6,403					$	6,628

			2024						2023
Change in accrued pension benefit costs
Accrued benefit cost, beginning balance			$	438					$	(314)
Contributions			—						—
Net periodic benefit (cost) credit			82						(95)
Net change in unrecognized actuarial loss and prior service cost			380						847
Prepaid (accrued) pension liability, ending balance			$	900					$	438

Components of net periodic benefit cost

The components of net periodic benefit cost are as follows for the years ended December 31:

			2024						2023						2022
Interest cost on benefit obligation			$	294					$	317					$	224
Expected return on plan assets			(402)						(371)						(490)
Amortization of unrecognized actuarial net loss			26						149						216
Settlement loss			—						—						109
Net periodic benefit cost (credit)			$	(82)					$	95					$	59

Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income are as follows for the years ended December 31:

			2024						2023						2022
Transition (asset) obligation			$	—					$	—					$	—
Net (gain) loss			502						882						1,729
Past service (credit) cost			—						—						—
Accumulated other comprehensive income			$	502					$	882					$	1,729

Actuarial assumptions used

The actuarial assumptions used in determining the benefit obligation are as follows for the years ended December 31:

			2024						2023						2022
Discount rate			5.32		%				4.69		%				4.88		%
Expected long-term rate of return on plan assets			6.00		%				6.00		%				6.00		%

The actuarial weighted average assumptions used in determining the net periodic pension costs are as follows for the years ended December 31:

			2024						2023						2022
Discount rate			4.69		%				4.88		%				2.43		%
Expected long-term rate of return on plan assets			6.00		%				6.00		%				6.00		%

Fair values of the Corporations pension plan assets by asset category

The fair values of our pension plan assets by asset category were as follows as of December 31:

			2024												2023
			Total						(Level 2)						Total						(Level 2)
Short-term investments			$	234					$	234					$	103					$	103
Common collective trusts
Fixed income			3,322						3,322						3,273						3,273
Equity investments			3,747						3,747						3,690						3,690
Total			$	7,303					$	7,303					$	7,066					$	7,066

Summary of Estimated future benefit payments

Estimated future benefit payments are as follows for the next ten years:

						Estimated Benefit Payments
2025						$	915
2026						724
2027						553
2028						546
2029						532
2030 - 2034						2,356

Components of shares eligible to be issued under the Directors Plan

The components of shares eligible to be issued under the Directors Plan were as follows as of December 31:

			2024												2023
			Eligible Shares						Market Value						Eligible Shares						Market Value
Unissued			101,493						$	2,638					154,119						$	3,313
Shares held in Rabbi Trust			142,535						3,704						150,581						3,237

Changes in Nonvested Restricted Stock Awards

A summary of changes in nonvested restricted stock awards follows for the years ended December 31:

			2024												2023
			Number of Shares						Fair Value						Number of Shares						Fair Value
Beginning balance			27,072						$	592					27,072						$	592
Granted			3,901						76						—						—
Vested			(16,240)						(345)						—						—
Forfeited			—						—						—						—
Ending balance			14,733						$	323					27,072						$	592

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Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans.

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Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

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