OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Jun. 30, 2026

OTHER COMPREHENSIVE INCOME (LOSS)

Schedule of tax effect on each component of other comprehensive income (loss)

The following table presents the tax effect on each component of “Other comprehensive income (loss)” for the three months ended June 30, 2026 and 2025 (in thousands):


		For the Three Months Ended									For the Three Months Ended
		June 30, 2026									June 30, 2025
		Before Tax Amount			Tax Benefit (Expense)			Net of Tax Amount			Before Tax Amount			Tax Benefit (Expense)			Net of Tax Amount
Unrealized holding gains (losses) on investments		$	837		$	(186)		$	651		$	371		$	(82)		$	289
Other comprehensive income (loss)		$	837		$	(186)		$	651		$	371		$	(82)		$	289

The following table presents the tax effect on each component of “Other comprehensive income (loss)” for the six months ended June 30, 2026 and 2025 (in thousands):


		For the Six Months Ended									For the Six Months Ended
		June 30, 2026									June 30, 2025
		Before Tax Amount			Tax Benefit (Expense)			Net of Tax Amount			Before Tax Amount			Tax Benefit (Expense)			Net of Tax Amount
Unrealized holding gains (losses) on investments		$	313		$	(70)		$	243		$	839		$	(186)		$	653
Other comprehensive income (loss)		$	313		$	(70)		$	243		$	839		$	(186)		$	653

Schedule of accumulated other comprehensive income (loss)

The “Accumulated other comprehensive income (loss)” is detailed in the following table, net of tax (in thousands).


Accumulated Other Comprehensive Income (Loss)		Unrealized holding gains (losses) on investments			Defined benefit pension plan net gains (loss)			Total
Balance at December 31, 2024		$	(1,199)		$	6,150		$	4,951
Other comprehensive income (loss) before reclassification			(441)			—			(441)
Amounts reclassified from accumulated other comprehensive income (loss)			805			—			805
Balance at March 31, 2025		$	(835)		$	6,150		$	5,315
Other comprehensive income (loss) before reclassification			(1,130)			—			(1,130)
Amounts reclassified from accumulated other comprehensive income (loss)			1,419			—			1,419
Balance at June 30, 2025		$	(546)		$	6,150		$	5,604

Balance at December 31, 2025		$	(129)		$	7,308		$	7,179
Other comprehensive income (loss) before reclassification			(1,106)			—			(1,106)
Amounts reclassified from accumulated other comprehensive income (loss)			698			—			698
Balance at March 31, 2026		$	(537)		$	7,308		$	6,771
Other comprehensive income (loss) before reclassification			521			—			521
Amounts reclassified from accumulated other comprehensive income (loss)			130			—			130
Balance at June 30, 2026		$	114		$	7,308		$	7,422