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OTHER COMPREHENSIVE INCOME (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Tax Effects Allocated to Each Component of Other Comprehensive Income
The following table shows the tax effects allocated to each component of other comprehensive income:
For the year ended, December 31,For the year ended, December 31,
20242023
Before-Tax
Amount
Tax Benefit
(Expense)
Net-of-Tax
Amount
Before-Tax
Amount
Tax Benefit
(Expense)
Net-of-Tax
Amount
Unrealized gains on securities:
Net unrealized gains arising during the period$1,080 $(302)$778 $364 $(27)$337 
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$1,248 $(340)$908 $352 $(24)$328 
Schedule of Changes in Accumulated Balances for Each Component of Other Comprehensive Income
The changes in the accumulated balances for each component of other comprehensive income, net of tax for the years ended December 31, 2024 and December 31, 2023, were as follows:
Unrealized Gains (Losses) on AFS SecuritiesOther Accumulated
Comprehensive
Income (Loss), net of tax
Ending Balance, December 31, 2022$(24,353)$(17,656)
Current year-to-date other comprehensive income352 328 
Ending balance, December 31, 2023$(24,001)$(17,328)
Current year-to-date other comprehensive income1,248 908 
Ending balance, December 31, 2024$(22,753)$(16,420)
Schedule of Reclassifications out of Accumulated Other Comprehensive Income
Reclassifications out of accumulated other comprehensive income for the twelve months ended December 31, 2024 were as follows:
Details about Accumulated Other Comprehensive Income (Loss) ComponentsAmounts Reclassified from Accumulated Other Comprehensive Income (Loss)(1)Affected Line Item on the Statement of Operations
Unrealized gains and losses
Debt security exchanged for equity security$(168)Net (losses) gains on investment securities
Tax effect38 Provision for income taxes
Total reclassifications for the period$(130)Net loss attributable to common shareholders
(1)    Amounts in parentheses indicate decreases to profit/loss.
Reclassifications out of accumulated other comprehensive income (loss) for the twelve months ended December 31, 2023 were as follows:
Details about Accumulated Other Comprehensive Income (Loss) ComponentsAmounts Reclassified from Accumulated Other Comprehensive Income (Loss)(1)Affected Line Item on the Statement of Operations
Unrealized gains and losses
Sale of securities$12 Net gains (losses) on investment securities
Tax effect(3)Provision for income taxes
Total reclassifications for the period$Net income attributable to common shareholders
(1)    Amounts in parentheses indicate decreases to profit/loss.