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Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Other Comprehensive Income (Loss) Other Comprehensive Income (Loss)
The following table presents the components of other comprehensive income (loss), both gross and net of tax, for the three and six months ended June 30, 2024 and 2023 (in thousands):
Three months ended June 30,
20242023
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$16,718 (5,157)11,561 (20,178)5,452 (14,726)
Reclassification adjustment for losses included in net income2,973 (917)2,056 — — — 
Total19,691 (6,074)13,617 (20,178)5,452 (14,726)
Unrealized gains and losses on derivatives (cash flow hedges):
Net unrealized gains arising during the period1,361 (420)9415,002 (1,352)3,650 
Reclassification adjustment for (gains) included in net income(3,734)1,152 (2,582)(4,124)1,114 (3,010)
Total(2,373)732 (1,641)878 (238)640 
Amortization related to post-retirement obligations(514)159 (355)(358)97 (261)
Total other comprehensive income (loss) $16,804 (5,183)11,621 (19,658)5,311 (14,347)
Six months ended June 30,
20242023
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 arising during the period $2,319 (715)1,604 7,641 (1,503)6,138 
Reclassification adjustment for losses included in net income2,973 (917)2,056 — — — 
Total5,292 (1,632)3,660 7,641 (1,503)6,138 
Unrealized gains and losses on derivatives (cash flow hedges):
Net unrealized gains arising during the period5,993 (1,849)4,144 4,219 (1,186)3,033 
Reclassification adjustment for (gains) included in net income(7,909)2,440 (5,469)(8,343)2,254 (6,089)
Total(1,916)591 (1,325)(4,124)1,068 (3,056)
Amortization related to post-retirement obligations(1,712)528 (1,184)(727)197 (530)
Total other comprehensive income (loss)$1,664 (513)1,151 2,790 (238)2,552 
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, 2024 and 2023 (in thousands):
Changes in Accumulated Other Comprehensive (Loss) by Component, net of tax
for the three months ended June 30,
20242023
Unrealized
Losses on
Available for Sale Debt Securities		Post- Retirement
Obligations		Unrealized Gains on Derivatives (cash flow hedges)Accumulated
Other
Comprehensive
(Loss)		Unrealized Losses on
 Available for Sale Debt Securities		Post-  Retirement
Obligations		Unrealized Gains on Derivatives (cash flow hedges)Accumulated
Other
Comprehensive (Loss)
Balance as of
March 31,		$(164,446)3,108 9,753 (151,585)(165,750)1,303 16,301 (148,146)
Current - period other comprehensive income (loss)13,617 (355)(1,641)11,621 (14,726)(261)640 (14,347)
Balance as of June 30,$(150,829)2,753 8,112 (139,964)(180,476)1,042 16,941 (162,493)
Changes in Accumulated Other Comprehensive (Loss) by Component, net of tax
for the six months ended June 30,
20242023
Unrealized
Losses on
Available for Sale Debt Securities		Post-  Retirement
Obligations		Unrealized Gains on Derivatives (cash flow hedges)Accumulated
Other
Comprehensive
Income (Loss)		Unrealized Losses on
 Available for Sale Debt Securities		Post- Retirement
Obligations		Unrealized Gains on Derivatives (cash flow hedges)Accumulated
Other
Comprehensive Income (Loss)
Balance as of December 31,$(154,489)3,937 9,437 (141,115)(186,614)1,572 19,997 (165,045)
Current - period other comprehensive income (loss)3,660 (1,184)(1,325)1,151 6,138 (530)(3,056)2,552 
Balance as of June 30,$(150,829)2,753 8,112 (139,964)(180,476)1,042 16,941 (162,493)
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, 2024 and 2023 (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
20242023
Details of AOCI:
Available for sale debt securities:
Realized net losses on the sale of securities available for sale$2,973 — Net loss on securities transactions
(917)— Income tax expense
$2,056 — Net of tax
Cash flow hedges:
Realized net gains on derivatives$(3,734)(4,124)Interest expense
1,152 1,114 Income tax expense
$(2,582)(3,010)
Post-retirement obligations:
Amortization of actuarial gains$(514)(356)
Compensation and employee benefits (1)
159 96 Income tax expense
$(355)(260)Net of tax
Total reclassifications$(881)(3,270)Net of tax
Reclassifications From Accumulated Other Comprehensive
Income
Amount reclassified from AOCI for the six months ended June 30,Affected line item in the Consolidated
Statement of Income
20242023
Details of AOCI:
Available for sale debt securities:
Realized net losses on the sale of securities available for sale$2,973 — Net loss on securities transactions
(917)— Income tax expense
$2,056 — Net of tax
Cash flow hedges:
Realized net gains on derivatives$(7,909)(8,343)Interest expense
2,440 2,254 Income tax expense
$(5,469)(6,089)
Post-retirement obligations:
Amortization of actuarial gains$(1,030)(712)
Compensation and employee benefits (1)
318 192 Income tax expense
$(712)(520)Net of tax
Total reclassifications$(4,125)(6,609)Net of tax
(1)     This item is included in the computation of net periodic benefit cost. See Note 8. Components of Net Periodic Benefit Cost.