Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Comprehensive Income (Loss)

v3.24.1
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Net income $ 8,380 $ 8,380 $ 15,080
Net change in net unrealized gains and losses on securities available-for-sale:      
Unrealized gain (loss) arising during the period   16,630 (89,323)
Less: reclassification adjustment for losses (gains) included in net income   48 (662)
Net securities gain (loss) during the period   16,678 (89,985)
Tax effect   (3,991) 21,409
Other comprehensive income (loss), net of tax   12,687 (68,576)
Comprehensive income (loss), net of tax   $ 21,067 $ (53,496)