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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Consolidated Statements of Comprehensive Income (Unaudited)        
Net income, Pre-Tax Amount $ 2,042 $ 1,549 $ 3,598 $ 3,529
Tax effect (296) (151) (497) (398)
Net income 1,746 1,398 3,101 3,131
Other comprehensive income (loss):        
Unrealized holding gain (loss) arising during the period, Pre-Tax Amount 226 (2,277) 392 (2,241)
Unrealized holding gain (loss) arising during the period, Tax Effect (47) 477 (82) 470
Unrealized holding gain (loss) arising during the period, Net-of-Tax Amount 179 (1,800) 310 (1,771)
Amortization of unrealized holding losses on held to maturity securities, Pre-Tax Amount [1],[2] 1,227 1,173 2,408 2,346
Amortization of unrealized holding losses on held to maturity securities, Tax Effect [1],[2] (266) (255) (521) (510)
Amortization of unrealized holding losses on held to maturity securities, Net-of-Tax Amount [1],[2] 961 918 1,887 1,836
Unrealized gain on cash flow hedge, Pre-Tax Amount   1   2
Unrealized gain on cash flow hedge, Tax Effect   (1)   (1)
Unrealized gain on cash flow hedge, Net-of-Tax Amount       1
Reclassification adjustment for gain included in net income, Pre-Tax Amount [2],[3]   (55)   (269)
Reclassification adjustment for gain included in net income, Tax Effect [2],[3]   12   57
Reclassification adjustment for gain included in net income, Net-of-Tax [2],[3]   (43)   (212)
Other comprehensive income (loss), Pre-Tax Amount 1,453 (1,158) 2,800 (162)
Other comprehensive income (loss), Tax Effect (313) 233 (603) 16
Net current period other comprehensive income (loss) 1,140 (925) 2,197 (146)
Total comprehensive income (loss), Pre-Tax Amount 3,495 391 6,398 3,367
Total comprehensive income (loss), Tax Effect (609) 82 (1,100) (382)
Total comprehensive income (loss), Net-of-Tax Amount $ 2,886 $ 473 $ 5,298 $ 2,985
[1] Amounts included in interest income on the Consolidated Statements of Income.
[2] Income tax amounts are included in the provision for income taxes on the Consolidated Statements of Income.
[3] Amounts are included in interest expense on short-term borrowings and repurchase agreements and in other non-interest income on the Consolidated Statements of Income.