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OTHER COMPREHENSIVE INCOME (LOSS)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
OTHER COMPREHENSIVE INCOME (LOSS) OTHER COMPREHENSIVE INCOME (LOSS)
The following tables show the tax effects allocated to each component of other comprehensive income (loss) for the three months ended March 31, 2024 and 2023:
Three Months Ended
March 31, 2024March 31, 2023
Before-Tax
Amount
Tax Benefit
(Expense)
Net-of-Tax
Amount
Before-Tax
Amount
Tax Benefit
(Expense)
Net-of-Tax
Amount
Unrealized (losses) gains on securities:
Net unrealized (losses) gains arising during the period$(891)$189 $(702)$1,469 $(404)$1,065 
Other comprehensive (loss) income$(891)$189 $(702)$1,469 $(404)$1,065 
The changes in the accumulated balances for each component of other comprehensive income (loss), net of tax for the twelve months ended December 31, 2023 and the three months ended March 31, 2024 were as follows:
Unrealized
Gains (Losses)
on AFS
Securities
Other Accumulated
Comprehensive
Income (Loss), net of tax
Beginning Balance, January 1, 2023$(24,353)$(17,656)
Current year-to-date other comprehensive gain352 328 
Ending balance, December 31, 2023$(24,001)$(17,328)
Current year-to-date other comprehensive loss(891)(702)
Ending balance, March 31, 2024$(24,892)$(18,030)

Reclassifications out of accumulated other comprehensive income (loss) for the three month periods ended March 31, 2024 and March 31, 2023 were as follows:
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
Details about Accumulated Other Comprehensive Income (Loss) ComponentsThree months ended March 31, 2024Three months ended March 31, 2023(1)Affected Line Item on the Statement of Operations
Unrealized gains and losses
Sale of securities$— $— Net gains (losses) on investment securities
Tax effect— — Provision for income taxes
Total reclassifications for the period$— $— Net income attributable to common stockholders