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Stockholders' Equity and Earnings per Common Share (Tables)
12 Months Ended
Dec. 31, 2023
Stockholders' Equity and Earnings Per Common Share [Abstract]  
Amounts Reclassified Out of Accumulated Other Comprehensive Loss, by Category
The following table presents amounts reclassified out of accumulated other comprehensive loss, by category, during the periods indicated:

    Years Ended
   
(dollars in thousands)
 
December 31,
 
Affected Line Item on
Consolidated Statement of Income
  2023
    2022
 
Sale of securities
                   
Realized loss on sale of securities
 
$
(134
)
 
$
(1,870
)
Loss on sale of securities, net
Tax effect
   
(28
)
   
(393
)
Income tax benefit

 
$
(106
)
 
$
(1,477
)
 
Changes in Accumulated Other Comprehensive Loss, by Category
The following table presents the changes in accumulated other comprehensive loss, by category, net of tax, for the periods indicated:

(dollars in thousands)
 
Unrealized Gains
(Losses) on
Available-for-Sale
Securities
   
Accumulated Other
Comprehensive (Loss)
Income
 
Year Ended December 31, 2023
           
Balance at beginning of period
 
$
(20,767
)
 
$
(20,767
)
Net other comprehensive income
   
3,237
     
3,237
 
Balance at end of period
 
$
(17,530
)
 
$
(17,530
)
                 
Year Ended December 31, 2022
               
Balance at beginning of period
 
$
1,675
   
$
1,675
 
Net other comprehensive loss
   
(22,442
)
   
(22,442
)
Balance at end of period
 
$
(20,767
)
 
$
(20,767
)
Component of Accumulated Other Comprehensive Income (Loss) on Pre-Tax and After-Tax
The following table presents the change in each component of accumulated other comprehensive income (loss), on a pre-tax and after-tax basis for the periods indicated.

   
Year Ended December 31, 2023
 
(dollars in thousands)
 
Pretax
   
Tax
   
Net-of-Tax
 
Unrealized gains on available-for-sale securities:
                 
Unrealized holding gains arising during the period
 
$
3,964
   
$
(833
)
 
$
3,131
 
Reclassification adjustment for net losses recognized in income
    134       (28 )     106  
      4,098       (861 )     3,237  
                         
Total change in accumulated other comprehensive income, net
 
$
4,098
   
$
(861
)
 
$
3,237
 

   
Year Ended December 31, 2022
 
(dollars in thousands)
 
Pretax
   
Tax
   
Net-of-Tax
 
Unrealized losses on available-for-sale securities:
                 
Unrealized holding losses arising during the period
 
$
(30,382
)
 
$
6,463
 
$
(23,919
)
Reclassification adjustment for losses recognized in income
    1,870       (393 )     1,477  

    (28,512 )     6,070       (22,442 )

                       
Total change in accumulated other comprehensive loss, net
 
$
(28,512
)
 
$
6,070
 
$
(22,442
)