Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income/(Loss)

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Accumulated Other Comprehensive Income/(Loss)
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Accumulated Other Comprehensive Income/(Loss)

Note 13 – Accumulated Other Comprehensive Income/(Loss)

 

The following table summarizes the changes in accumulated other comprehensive income/(loss) by components during the years ended December 31, 2023 and 2022:

 

    Net Unrealized Gains/(Losses) on Available-for-Sale Securities     Accumulated Other Comprehensive Income/(Loss)  
Balance, December 31, 2021   $ (145 )   $ (145 )
Net unrealized loss on securities available-for-sale     (679 )     (679 )
Balance, December 31, 2022   $ (824 )   $ (824 )
Net unrealized gain on securities available-for-sale     603       603  
Balance, December 31, 2023   $ (221 )   $ (221 )

 

All components of accumulated other comprehensive income/(loss) are net of tax.