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Changes in Accumulated Other Comprehensive (Loss) Balances
9 Months Ended
Sep. 30, 2023
Changes in Accumulated Other Comprehensive (Loss) Income Balances [Abstract]  
Changes in Accumulated Other Comprehensive (Loss) Balances

20. Changes in Accumulated Other Comprehensive Loss Balances

The changes in accumulated other comprehensive (loss) balances as of September 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 recognized net actuarial loss

​

 

78

​

 

—

​

 

78

Tax effect on change in recognized net actuarial loss

​

 

(16)

​

 

—

​

 

(16)

Unrealized holding losses arising during the period

​

 

—

​

 

(11,189)

​

 

(11,189)

Tax effect on unrealized losses arising during the period

​

 

—

​

 

2,350

​

 

2,350

Reclassification adjustment for net investment gains included in net income

​

 

—

​

 

(526)

​

 

(526)

Tax effect on reclassification adjustment for net investment gains included in net income

​

 

—

​

 

110

​

 

110

Change in other comprehensive income (loss), net of tax

​

 

62

​

 

(9,255)

​

 

(9,193)

Balance at September 30, 2022

​

$

(2,579)

​

$

(7,649)

​

$

(10,228)

​

​

​

​

​

​

​

​

​

​

Balance at January 1, 2023

​

$

(2,656)

​

$

(5,836)

​

$

(8,492)

Other comprehensive loss:

​

 

  

​

 

  

​

 

  

Change in recognized net actuarial loss

​

 

93

​

 

—

​

 

93

Unrealized holding gains arising during the period

​

 

—

​

 

3,047

​

 

3,047

Reclassification adjustment for net investment losses included in net income

​

 

—

​

 

1,184

​

 

1,184

Change in other comprehensive income, net of tax

​

 

93

​

 

4,231

​

 

4,324

Correction of immaterial error related to tax effect (see Note 3)

​

​

3

​

​

(515)

​

​

(512)

Balance at September 30, 2023

​

$

(2,560)

​

$

(2,120)

​

$

(4,680)

​