Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2023

Stockholders' Equity Note [Abstract]

Other Comprehensive Income (Loss)

Other Comprehensive Income (Loss)

The components of Accumulated OCI, net of tax, at December 31 were:

	2023		2022
	(Dollars in thousands)
Net unrealized loss on investment securities AFS	$	(31,955)	$	(37,419)

The following table discloses the tax effects allocated to each component of OCI for the years ended:

	December 31, 2023						December 31, 2022
	Before-Tax Amount		Tax Expense		Net-of-Tax Amount		Before-Tax Amount		Tax Benefit/Expense		Net-of-Tax Amount
	(Dollars in thousands)
Investment securities AFS:
Net unrealized holding gains (losses) arising during the year on investment securities AFS	$	6,416	$	(952)	$	5,464	$	(45,370)	$	9,528	$	(35,842)
Reclassification adjustment for net gains on investment securities AFS realized in net income	—		—		—		(31)		6		(25)
Total other comprehensive income (loss)	$	6,416	$	(952)	$	5,464	$	(45,401)	$	9,534	$	(35,867)

The following table discloses information concerning the reclassification adjustments from OCI for the years ended December 31:

Reclassification Adjustment Description	2023		2022		Affected Line Item in Consolidated Statements of Income
	(Dollars in thousands)
Investment securities AFS:
Net gains on investment securities AFS	$	—	$	(31)	Net gains on sales of investment securities AFS
Tax expense	—		6		Provision for income taxes
Total reclassifications	$	—	$	(25)	Net income