Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]    
Net income $ 34,731 $ 29,014
Unrealized gains (losses):    
Net change in unrealized losses on debt securities available for sale (39,686) (5,710)
Net unrealized gain at time of transfer on securities transferred to held-to-maturity 113 0
Amortization of net unrealized gains on securities transferred to held-to-maturity (21) 0
Tax effect 8,315 1,199
Net change in unrealized gains (losses) on securities available for sale, net of tax (31,279) (4,511)
Other comprehensive loss, net of tax (31,279) (4,511)
Comprehensive income $ 3,452 $ 24,503