Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure Of Other Comprehensive Income Loss [Abstract]

Schedule of Accumulated Other Comprehensive (Loss) Income

The Company reports certain items as “other comprehensive income” and reflects total accumulated other comprehensive (loss) income (“AOCI”) in the consolidated financial statements for all years containing elements of other comprehensive income or loss. The following table presents a reconciliation of the changes in the components of other comprehensive income or loss for the dates indicated, including the amount of income tax expense or benefit allocated to each component of other comprehensive income or loss:

	Year Ended December 31,
Reclassification Adjustment	2022			2021			Affected Line Item in Statements of (Loss) Income
	(Dollars in thousands)
Losses (gains) on sale of securities    available-for-sale	$	747		$	(535	)	Securities losses (gains), net
Tax effect		(202	)		145		Income tax (benefit) expense
		545			(390	)	Net (loss) income
Net amortization of bond premiums		1,009			699		Interest on debt securities
Tax effect		(274	)		(189	)	Income tax (benefit) expense
		735			510		Net (loss) income
Net interest (income) expense on swaps		(115	)		48		Interest expense on borrowings
Tax effect		31			(13	)	Income tax (benefit) expense
		(84	)		35		Net (loss) income
Total reclassification adjustments	$	1,196		$	155

Summary of Changes in Component of AOCI

The following tables present the changes in each component of AOCI for the periods indicated:

(Dollars in thousands)	Net Unrealized (Losses) Gains on AFS Securities(1)			Net Unrealized Gains (Losses) on Cash Flow Hedges(1)			AOCI(1)
Balance at December 31, 2020	$	1,481		$	(100	)	$	1,381
Other comprehensive (loss) income before      reclassification		(1,026	)		211			(815	)
Amounts reclassified from AOCI		120			35			155
Other comprehensive (loss) income		(906	)		246			(660	)
Balance at December 31, 2021	$	575		$	146		$	721
Balance at December 31, 2021	$	575		$	146		$	721
Other comprehensive (loss) income before      reclassification		(12,283	)		639			(11,644	)
Amounts reclassified from AOCI		1,280			(84	)		1,196
Other comprehensive (loss) income		(11,003	)		555			(10,448	)
Balance at December 31, 2022	$	(10,428	)	$	701		$	(9,727	)

(1)All amounts are net of tax