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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Statement of Comprehensive Income [Abstract]    
Net income $ 5,225 $ 21,698
Other comprehensive (loss)/income:    
Unrealized losses on available-for-sale securities 0 (2,591)
Income tax effect 0 638
Amortization of net unrealized loss for the reclassification of available-for-sale securities transferred to held-to-maturity included in interest income 354 283
Income tax effect (93) (70)
Unrealized gain on cash flow hedge 77 0
Income tax effect (19) 0
Total other comprehensive income/(loss) 319 (1,740)
Comprehensive income $ 5,544 $ 19,958