Other Comprehensive Loss

12 Months Ended

Dec. 31, 2023

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

(21)Other Comprehensive Income (Loss)

The table below presents the changes in the components of accumulated other comprehensive loss, net of taxes:

	Unfunded		Unrealized
	Pension		Loss on
(Dollars in thousands)	Liability		Securities		Total
December 31, 2023:
Balances at beginning of year	$	5,746	$	1,998	$	7,744
Other comprehensive income, net of taxes		(1,280)		(243)		(1,523)
Net current period other comprehensive income		(1,280)		(243)		(1,523)
Balances at end of year	$	4,466	$	1,755	$	6,221
December 31, 2022:
Balances at beginning of year	$	5,524	$	—	$	5,524
Other comprehensive loss, net of taxes		222		1,998		2,220
Net current period other comprehensive loss		222		1,998		2,220
Balances at end of year	$	5,746	$	1,998	$	7,744

The table below presents the tax effect on each component of other comprehensive income and loss:

	Year Ended December 31,
	2023						2022
	Pretax				After Tax		Pretax				After Tax
(Dollars in thousands)	Amount		Tax		Amount		Amount		Tax		Amount
Unfunded pension liability	$	(1,745)	$	465	$	(1,280)	$	302	$	(80)	$	222
Unrealized loss on securities		(331)		88		(243)		2,723		(725)		1,998
Total	$	(2,076)	$	553	$	(1,523)	$	3,025	$	(805)	$	2,220