Note 16 - Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

NOTE 16 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Changes in accumulated other comprehensive loss for 2024 and 2023 were as follows (in thousands):

	2024									2023
	Unrealized Gains			Changes in						Unrealized Gains			Changes in
	(Losses) on			Pension Plan Assets						(Losses) on			Pension Plan Assets
	Available-for-Sale			and Benefit						Available-for-Sale			and Benefit
	Securities			Obligations			Total			Securities			Obligations			Total
Balance at beginning of year	$	(22,281	)		(55	)		(22,336	)		(29,927	)		(27	)		(29,954	)
Other comprehensive income (loss), net of taxes		2,922			56			2,978			7,646			(28	)		7,618
Reclassifications		169			—			169			—			—			—
Balance at end of year	$	(19,190	)		1			(19,189	)		(22,281	)		(55	)		(22,336	)

Reclassifications out of accumulated other comprehensive loss for 2024 and 2023 and the affected line items in the consolidated statements of income were as follows (in thousands):

	2024			2023		Affected Line Item in the Consolidated Statements of Income
Realized losses from sales of debt securities, available-for-sale	$	(214	)		—	Net losses on sales of debt securities, available-for-sale
Income tax benefit		(45	)		—	Provision for income taxes
Reclassification adjustment, net of taxes	$	(169	)		—