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Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Comprehensive Income (Loss)

Note 6 -- Comprehensive Income (Loss)

Comprehensive income (loss) includes net income (loss) and other comprehensive income or loss, which for the Company includes changes in unrealized gains or losses of investments carried at fair value and changes to any credit losses related to these investments. Reclassification adjustments for realized (gains) losses are reflected in net realized investment gains (losses) on the consolidated statements of income. The components of other comprehensive income or loss and the related tax effects allocated to each component were as follows:

 

 

 

Year Ended December 31, 2023

 

 

 

Before Tax

 

 

Income Tax
Effect

 

 

Net of Tax

 

Net unrealized gains

 

$

4,818

 

 

$

(1,372

)

 

$

6,190

 

Reclassification adjustment for net realized losses

 

 

1,029

 

 

 

258

 

 

 

771

 

Total other comprehensive income

 

$

5,847

 

 

$

(1,114

)

 

$

6,961

 

 

 

 

Year Ended December 31, 2022

 

 

 

 

 

 

Income Tax

 

 

 

 

 

 

Before Tax

 

 

Effect

 

 

Net of Tax

 

Net unrealized losses

 

$

(11,355

)

 

$

(263

)

 

$

(11,092

)

Reclassification adjustment for net realized losses

 

 

429

 

 

 

109

 

 

 

320

 

Total other comprehensive loss

 

$

(10,926

)

 

$

(154

)

 

$

(10,772

)

 

 

 

Year Ended December 31, 2021

 

 

 

 

 

 

Income Tax

 

 

 

 

 

 

Before Tax

 

 

Effect

 

 

Net of Tax

 

Net unrealized losses

 

$

(692

)

 

$

(170

)

 

$

(522

)

Call and repayment gains charged to investment income

 

 

(36

)

 

 

(9

)

 

 

(27

)

Reclassification adjustment for net realized gains

 

 

(687

)

 

 

(168

)

 

 

(519

)

Total other comprehensive loss

 

$

(1,415

)

 

$

(347

)

 

$

(1,068

)