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

9 Months Ended

Sep. 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 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)