XML 44 R23.htm IDEA: XBRL DOCUMENT v3.25.2
Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
Information regarding accumulated other comprehensive income (loss) for the six months ended June 30, 2025 and 2024 is as follows:
Accumulated Other Comprehensive Income (Loss)
PNMCorporate and Other
TXNM
Unrealized
Gains on
Available-for-Sale Debt
Securities
Pension
Liability
Adjustment
Fair Value
Adjustment
for Cash
Flow Hedges
TotalTotal
(In thousands)
Balance at December 31, 2024
$214 $(75,922)$(75,708)$— $(75,708)
Amounts reclassified from AOCI (pre-tax)
(338)2,749 2,411 — 2,411 
Income tax impact of amounts reclassified
86 (698)(612)— (612)
Other OCI changes (pre-tax)
504 — 504 (2,493)(1,989)
Income tax impact of other OCI changes
(128)— (128)633 505 
Net after-tax change
124 2,051 2,175 (1,860)315 
Balance at June 30, 2025$338 $(73,871)$(73,533)$(1,860)$(75,393)

Balance at December 31, 2023
$10,652 $(77,157)$(66,505)$3,665 $(62,840)
 Amounts reclassified from AOCI (pre-tax)
(12,566)2,433 (10,133)5,563 (4,570)
Income tax impact of amounts reclassified
3,192 (618)2,574 (1,413)1,161 
 Other OCI changes (pre-tax)
(587)— (587)(4,307)(4,894)
Income tax impact of other OCI changes
149 — 149 1,094 1,243 
Net after-tax change
(9,812)1,815 (7,997)937 (7,060)
Balance at June 30, 2024$840 $(75,342)$(74,502)$4,602 $(69,900)

The Condensed Consolidated Statements of Earnings include pre-tax amounts reclassified from AOCI related to Unrealized Gains on Available-for-Sale Debt Securities in gains on investment securities and Fair Value Adjustment for Cash Flow Hedges in interest charges. The income tax impacts of all amounts reclassified from AOCI are included in income taxes in the Condensed Consolidated Statements of Earnings.