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Accumulated Other Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2023
AOCI Attributable to Parent [Abstract]  
Schedule of Components in Accumulated Other Comprehensive Income (Loss)
The following table sets forth the components in accumulated other comprehensive income for the years ended December 31,:
202320222021
Securities available-for-sale:
Balance, beginning of year$(46,157)$1,664 $9,119 
Unrealized loss1,002 (63,302)(9,870)
Income tax effect(244)15,481 2,415 
Net unrealized loss758 (47,821)(7,455)
Reclassifications out of AOCI (1)— — — 
Other comprehensive loss, net of tax758 (47,821)(7,455)
Balance, end of year$(45,399)$(46,157)$1,664 
Fair value hedges of securities available-for-sale:
Balance, beginning of year$2,174 $— $— 
Unrealized gain289 2,879 — 
Income tax effect(71)(705)— 
Net unrealized gain218 2,174 — 
Balance, end of year$2,392 $2,174 $— 
(1) Reclassifications are reported in noninterest income on the Consolidated Statements of Income and Comprehensive Income