Changes in Accumulated Other Comprehensive (Loss) Balances (Tables)

6 Months Ended

Jun. 30, 2023

Changes in Accumulated Other Comprehensive (Loss) Income Balances [Abstract]

Schedule of changes in accumulated other comprehensive (loss)

The changes in accumulated other comprehensive (loss) balances as of June 30, 2023 and 2022 were as follows (in thousands):

	Pension				Accumulated Other
	Asset		Unrealized		Comprehensive
	(Liability)		Gains (Loss)		Income (Loss)
Balance at January 1, 2022	$	(2,641)	$	1,606	$	(1,035)
Other comprehensive loss:
Change in net actuarial loss decrease		54		—		54
Tax effect on change in net actuarial loss decrease		(12)		—		(12)
Unrealized holding gains arising during the period		—		(8,826)		(8,826)
Tax effect on unrealized gains arising during the period		—		1,853		1,853
Reclassification adjustment for gains included in net realized gains		—		(23)		(23)
Tax effect on reclassification adjustment for gains included in income tax expense		—		5		5
Other comprehensive loss, net of tax		42		(6,991)		(6,949)
Balance at June 30, 2022	$	(2,599)	$	(5,385)	$	(7,984)
Balance at January 1, 2023	$	(2,656)	$	(5,836)	$	(8,492)
Other comprehensive loss:
Change in net actuarial loss increase		62		—		62
Tax effect on change in net actuarial loss increase		(13)		—		(13)
Unrealized holding gains arising during the period		—		2,396		2,396
Tax effect on unrealized gains arising during the period		—		(503)		(503)
Reclassification adjustment for gains included in net realized gains		—		1,343		1,343
Tax effect on reclassification adjustment for gains included in income tax expense		—		(282)		(282)
Other comprehensive loss, net of tax		49		2,954		3,003
Balance at June 30, 2023	$	(2,607)	$	(2,882)	$	(5,489)