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Consolidated Statements of Comprehensive (Loss) Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net income $ 1,854 $ 9,620 $ 7,494
Other comprehensive income (loss)      
Unrealized holding gains (losses) during the period 7,340 (96,677) (22,608)
Income tax effect (1,831) 24,121 5,641
Net unrealized gains (losses) 5,509 (72,556) (16,967)
Amortization of net unrealized losses on securities transferred from AFS to HTM 4,546 1,707 0
Income tax effect (1,134) (426) 0
Net unrealized losses amortized on securities transferred from AFS to HTM 3,412 1,281 0
Unrealized holding losses during the period (866) 0 0
Income tax effect 215 0 0
Net unrealized losses (651) 0 0
Reclassification adjustment for (losses) gains included in net income (1,984) 0 1,378
Income tax effect 495 0 (344)
Net (losses) gains included in net income (1,489) 0 1,034
Total other comprehensive income (loss) (6,781) 71,275 15,933
Comprehensive income (loss) $ 8,635 $ (61,655) $ (8,439)