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OTHER COMPREHENSIVE INCOME (LOSS)
9 Months Ended
Sep. 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 nine months ended September 30, 2024 and 2023:
Three Months Ended
September 30, 2024September 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$4,605 $(1,053)$3,552 $(3,701)$839 $(2,862)
Other comprehensive income (loss)$4,605 $(1,053)$3,552 $(3,701)$839 $(2,862)
Nine Months Ended
September 30, 2024September 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$4,383 $(1,030)$3,353 $(5,373)$1,299 $(4,074)
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)$4,551 $(1,068)$3,483 $(5,385)$1,302 $(4,083)
The changes in the accumulated balances for each component of other comprehensive income (loss), net of tax for the twelve months ended December 31, 2023 and the nine months ended September 30, 2024 were as follows:
Unrealized
Gains (Losses)
on AFS
Securities
Other Accumulated
Comprehensive
Income (Loss), net of tax
Ending Balance, December 31, 2022$(24,353)$(17,656)
Current year-to-date other comprehensive income352 328 
Ending balance, December 31, 2023$(24,001)$(17,328)
Current year-to-date other comprehensive income4,551 3,483 
Ending balance, September 30, 2024$(19,450)$(13,845)

Reclassifications out of accumulated other comprehensive income (loss) for the three and nine month periods ended September 30, 2024 and September 30, 2023 were as follows:
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
Details about Accumulated Other Comprehensive Income (Loss) ComponentsThree months ended September 30, 2024Nine months ended September 30, 2024Affected Line Item on the Statement of Operations
Unrealized gains and losses
Debt security exchanged for equity security$— $(168)Net (losses) gains on investment securities
Tax effect— 38 Provision for income taxes
Total reclassifications for the period$— $(130)Net loss attributable to common stockholders
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
Details about Accumulated Other Comprehensive Income (Loss) ComponentsThree months ended September 30, 2023Nine months ended September 30, 2023Affected Line Item on the Statement of Operations
Unrealized gains and losses
Sale of securities$— $12 Net (losses) gains on investment securities
Tax effect— (3)Provision for income taxes
Total reclassifications for the period$— $Net income attributable to common stockholders