Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2024

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table summarizes activity in the unrealized gain or loss on available for sale securities included in OCI for the nine months and quarters ended September 30, 2024 and 2023.

	For the nine months ended September 30,				For the quarter ended September 30,
	2024		2023		2024		2023
Balance at beginning of period	$	(39,575,000)	$	(44,718,000)	$	(42,816,000)	$	(43,781,000)
Unrealized (losses) gains arising during the period	6,558,000		(11,562,000)		10,660,000		(12,748,000)
Related deferred taxes	(1,377,000)		2,428,000		(2,238,000)		2,677,000
Net change	5,181,000		(9,134,000)		8,422,000		(10,071,000)
Balance at end of period	$	(34,394,000)	$	(53,852,000)	$	(34,394,000)	$	(53,852,000)

The following table summarizes activity in the unrealized loss on securities transferred from available for sale to held to maturity included in OCI for the nine months and quarters ended September 30, 2024 and 2023.

	For the nine months ended September 30,				For the quarter ended September 30,
	2024		2023		2024		2023
Balance at beginning of period	$	(56,000)	$	(64,000)	$	(54,000)	$	(59,000)
Amortization of net unrealized gains	9,000		7,000		6,000		1,000
Related deferred taxes	(2,000)		(1,000)		(1,000)		—
Net change	7,000		6,000		5,000		1,000
Balance at end of period	$	(49,000)	$	(58,000)	$	(49,000)	$	(58,000)

The following table presents the effect of the Company's derivative financial instruments included in OCI for the nine months and quarters ended September 30, 2024 and 2023.

	For the nine months ended September 30,				For the quarter ended September 30,
	2024		2023		2024		2023
Balance at beginning of period	$	300,000	$	544,000	$	733,000	$	680,000
Unrealized gains (losses) on cash flow hedging derivatives arising during the period	(552,000)		1,096,000		(1,100,000)		924,000
Related deferred taxes	116,000		(230,000)		231,000		(194,000)
Net change	(436,000)		866,000		(869,000)		730,000
Balance at end of period	$	(136,000)	$	1,410,000	$	(136,000)	$	1,410,000