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Other Comprehensive (Loss) Income
 6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Other Comprehensive (Loss) Income Other Comprehensive (Loss) Income
The following table presents the components of other comprehensive (loss) income, both gross and net of tax, for the three and six months ended June 30, 2023 and 2022 (in thousands):
Three months ended June 30,
20232022
Before
Tax		Tax
Effect		After
Tax		Before
Tax		Tax
Effect		After
Tax
Components of Other Comprehensive Income:
Unrealized gains and losses on available for sale debt securities:
Net unrealized (losses) gains arising during the period$(20,178)5,452 (14,726)(62,477)16,744 (45,733)
Reclassification adjustment for gains included in net income— — — (58)16 (42)
Total(20,178)5,452 (14,726)(62,535)16,760 (45,775)
Unrealized gains and losses on derivatives (cash flow hedges):
Net unrealized gains (losses) arising during the period5,002 (1,352)3,6503,110 (834)2,276 
Reclassification adjustment for gains included in net income(4,124)1,114 (3,010)(162)44 (118)
Total878 (238)640 2,948 (790)2,158 
Amortization related to post-retirement obligations(358)97 (261)(322)86 (236)
Total other comprehensive (loss) income$(19,658)5,311 (14,347)(59,909)16,056 (43,853)
Six months ended June 30,
20232022
Before
Tax		Tax
Effect		After
Tax		Before
Tax		Tax
Effect		After
Tax
Components of Other Comprehensive Income:
Unrealized gains and losses on available for sale debt securities:
Net unrealized gains (losses) arising during the period$7,641 (1,503)6,138 (178,558)47,854 (130,704)
Reclassification adjustment for gains included in net income— — — (58)16 (42)
Total7,641 (1,503)6,138 (178,616)47,870 (130,746)
Unrealized gains and losses on derivatives (cash flow hedges):
Net unrealized gains (losses) arising during the period4,219 (1,186)3,033 16,703 (4,476)12,227 
Reclassification adjustment for (gains) losses included in net income(8,343)2,254 (6,089)504 (135)369 
Total(4,124)1,068 (3,056)17,207 (4,611)12,596 
Amortization related to post-retirement obligations(727)197 (530)(700)188 (512)
Total other comprehensive income (loss)$2,790 (238)2,552 (162,109)43,447 (118,662)
The following tables present the changes in the components of accumulated other comprehensive (loss), net of tax, for the three and six months ended June 30, 2023 and 2022 (in thousands):
Changes in Accumulated Other Comprehensive (Loss) by Component, net of tax
for the three months ended June 30,
20232022
Unrealized
Losses on
Available for Sale Debt Securities		Post- Retirement
Obligations		Unrealized Gains on Derivatives (cash flow hedges)Accumulated
Other
Comprehensive
Loss		Unrealized Gains on
 Available for Sale Debt Securities		Post-  Retirement
Obligations		Unrealized Losses on Derivatives (cash flow hedges)Accumulated
Other
Comprehensive Loss
Balance at
March 31,		$(165,750)1,303 16,301 (148,146)(85,182)2,705 14,531 (67,946)
Current - period other comprehensive (loss)(14,726)(261)640 (14,347)(45,775)(236)2,158 (43,853)
Balance at June 30,$(180,476)1,042 16,941 (162,493)(130,957)2,469 16,689 (111,799)
Changes in Accumulated Other Comprehensive (Loss) by Component, net of tax
for the six months ended June 30,
20232022
Unrealized
Losses on
Available for Sale Debt Securities		Post-  Retirement
Obligations		Unrealized Gains on Derivatives (cash flow hedges)Accumulated
Other
Comprehensive
Income (Loss)		Unrealized Gains (Losses) on
 Available for Sale Debt Securities		Post- Retirement
Obligations		Unrealized Gains (Losses) on Derivatives (cash flow hedges)Accumulated
Other
Comprehensive Income (Loss)
Balance at December 31,$(186,614)1,572 19,997 (165,045)(211)2,981 4,093 6,863 
Current - period other comprehensive income (loss)6,138 (530)(3,056)2,552 (130,746)(512)12,596 (118,662)
Balance at June 30,$(180,476)1,042 16,941 (162,493)(130,957)2,469 16,689 (111,799)
The following tables summarize the reclassifications from accumulated other comprehensive (loss) to the consolidated statements of income for the three and six months ended June 30, 2023 and 2022 (in thousands):
Reclassifications From Accumulated Other Comprehensive
Income ("AOCI")
Amount reclassified from AOCI for the three months ended June 30,Affected line item in the Consolidated
Statement of Income
20232022
Details of AOCI:
Available for sale debt securities:
Realized net gains on the sale of securities available for sale$— (58)Net gain on securities transactions
— 16 Income tax expense
$— (42)Net of tax
Cash flow hedges:
Realized net gains on derivatives$(4,124)(162)Interest expense
1,114 44 Income tax expense
$(3,010)(118)
Post-retirement obligations:
Amortization of actuarial gains$(356)(326)
Compensation and employee benefits (1)
96 84 Income tax expense
Total reclassification$(260)(242)Net of tax
Total reclassifications$(3,270)(402)Net of tax
Reclassifications From Accumulated Other Comprehensive
Income ("AOCI")
Amount reclassified from AOCI for the six months ended June 30,Affected line item in the Consolidated
Statement of Income
20232022
Details of AOCI:
Available for sale debt securities:
Realized net gains on the sale of securities available for sale$— (58)Net gain on securities transactions
— 16 Income tax expense
$— (42)Net of tax
Cash flow hedges:
Realized net (gains) losses on derivatives$(8,343)504 Interest expense
2,254 (136)Income tax expense
$(6,089)368 
Post-retirement obligations:
Amortization of actuarial gains$(712)(652)
Compensation and employee benefits (1)
192 171 Income tax expense
Total reclassification$(520)(481)Net of tax
Total reclassifications$(6,609)(155)Net of tax
(1) This item is included in the computation of net periodic benefit cost. See Note 7. Components of Net Periodic Benefit Cost.