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OTHER COMPREHENSIVE INCOME (LOSS)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2024 and 2023:
Three Months Ended
June 30, 2024June 30, 2023
Before-Tax
Amount
Tax Benefit
(Expense)
Net-of-Tax
Amount
Before-Tax
Amount
Tax Benefit
(Expense)
Net-of-Tax
Amount
Unrealized gains (losses) on securities:
Net unrealized gains (losses) arising during the period$669 $(166)$503 $(3,140)$863 $(2,277)
Reclassification adjustment for gains included in net income— — — (12)(9)
Reclassification for net loss on exchanged security, included in net income, net of tax168 (38)130 — — — 
Other comprehensive income (loss)$837 $(204)$633 $(3,152)$866 $(2,286)
Six Months Ended
June 30, 2024June 30, 2023
Before-Tax
Amount
Tax Benefit
(Expense)
Net-of-Tax
Amount
Before-Tax
Amount
Tax Benefit
(Expense)
Net-of-Tax
Amount
Unrealized (losses) gains on securities:
Net unrealized losses arising during the period$(223)$24 $(199)$(1,672)$460 $(1,212)
Reclassification adjustment for gains included in net income— — — (12)(9)
Reclassification for net loss on exchanged security, included in net income, net of tax168 (38)130 — — — 
Other comprehensive loss$(55)$(14)$(69)$(1,684)$463 $(1,221)
The changes in the accumulated balances for each component of other comprehensive income (loss), net of tax for the twelve months ended December 31, 2023 and the six months ended June 30, 2024 were as follows:
Unrealized
Gains (Losses)
on AFS
Securities
Other Accumulated
Comprehensive
Income (Loss), net of tax
Beginning Balance, January 1, 2023$(24,353)$(17,656)
Current year-to-date other comprehensive income352 328 
Ending balance, December 31, 2023$(24,001)$(17,328)
Current year-to-date other comprehensive loss(55)(69)
Ending balance, June 30, 2024$(24,056)$(17,397)
Reclassifications out of accumulated other comprehensive income (loss) for the three and six month periods ended June 30, 2024 and June 30, 2023 were as follows:
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
Details about Accumulated Other Comprehensive Income (Loss) ComponentsThree months ended June 30, 2024Six months ended June 30, 2024Affected Line Item on the Statement of Operations
Unrealized gains and losses
Debt security exchanged for equity security$(168)$(168)Net (losses) gains on investment securities
Tax effect38 38 Provision for income taxes
Total reclassifications for the period$(130)$(130)Net loss attributable to common stockholders

Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
Details about Accumulated Other Comprehensive Income (Loss) ComponentsThree months ended June 30, 2023Six months ended June 30, 2023Affected Line Item on the Statement of Operations
Unrealized gains and losses
Sale of securities$12 $12 Net (losses) gains on investment securities
Tax effect(3)(3)Provision for income taxes
Total reclassifications for the period$$Net income attributable to common stockholders