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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The following table depicts the fair value adjustment recorded related to the notional amount of derivatives outstanding as well as the notional amount of the interest rate swap agreements.
Derivatives Not Designated as Hedging Instruments - Interest Rate Swap Agreements
December 31, 2022December 31, 2021
Fair value adjustment included in other assets $7,506 $2,083 
Fair value adjustment included in other liabilities7,506 2,083 
Notional amount127,763 172,668 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The following table indicates the effect of cash flow hedge accounting on AOCI and on the consolidated statement of income.
Derivatives Designated as Hedging Instruments - Cash Flow Hedge Agreements
December 31, 2022December 31, 2021
Amount of gain recognized in AOCI$3,467 $1,249 
Amount of (loss) gain reclassified from AOCI interest expense(204)126