XML 42 R23.htm IDEA: XBRL DOCUMENT
v3.25.0.1

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | 12 Months Ended
--- | ---
Dec. 31, 2024
Equity [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table summarizes the changes in the balances of each component of accumulated other comprehensive income (loss), net of tax, as of December 31, 2024 and 2023:
| Accumulated Other Comprehensive Income (Loss)
| Unrealized Gains (Losses) on Securities Available for Sale |  |  |  | Unrealized Gains (Losses) on Cash Flow Hedges |  | Unrealized Gains (Losses) on Defined Benefit Plans |  | Total
Balance at December 31, 2023 | $ | (173,654) |  |  |  |  | $ | — |  |  | $ | (2,316) |  |  | $ | (175,970) |
Other comprehensive income (loss) before reclassifications | (31,156) |  |  |  |  | — |  |  | 2,043 |  |  | (29,113) |
Amounts reclassified from accumulated other comprehensive income (loss) | 16,398 |  |  |  |  | — |  |  | — |  |  | 16,398 |
Period change | (14,758) |  |  |  |  | — |  |  | 2,043 |  |  | (12,715) |
Balance at December 31, 2024 | $ | (188,412) |  |  |  |  | $ | — |  |  | $ | (273) |  |  | $ | (188,685) |
Balance at December 31, 2022 | $ | (234,495) |  |  |  |  | $ | 130 |  |  | $ | (4,786) |  |  | $ | (239,151) |
Other comprehensive income (loss) before reclassifications | 55,366 |  |  |  |  | (142) |  |  | 2,405 |  |  | 57,629 |
Amounts reclassified from accumulated other comprehensive income (loss) | 5,475 |  |  |  |  | 12 |  |  | 65 |  |  | 5,552 |
Period change | 60,841 |  |  |  |  | (130) |  |  | 2,470 |  |  | 63,181 |
Balance at December 31, 2023 | $ | (173,654) |  |  |  |  | $ | — |  |  | $ | (2,316) |  |  | $ | (175,970) |
The following table presents the reclassification adjustments out of accumulated other comprehensive income (loss) that were included in net income in the Consolidated Statements of Income for the years ended December 31, 2024, 2023 and 2022:
| Amount Reclassified from Accumulated Other Comprehensive Income (Loss) For the Year Ended December 31, |  |
Details about Accumulated Other Comprehensive Income (Loss) Components | 2024 |  | 2023 |  | 2022 |  | Affected Line Item in the Statements of Income
Unrealized gains (losses) on available for sale securities (1) |  |  |  |  |  |  |
Realized securities gains (losses) reclassified into income | $ | (20,757) |  |  | $ | (6,930) |  |  | $ | 1,194 |  |  | Other income - net realized gains (losses) on sales of available for sale securities
Related income tax benefit (expense) | 4,359 |  |  | 1,455 |  |  | (251) |  |  | Income tax expense
| $ | (16,398) |  |  | $ | (5,475) |  |  | $ | 943 |  |  |
Unrealized gains (losses) on cash flow hedges (2) |  |  |  |  |  |  |
Interest rate contracts | $ | — |  |  | $ | (15) |  |  | $ | (521) |  |  | Interest expense - subordinated debentures and other borrowings
Related income tax benefit (expense) | — |  |  | 3 |  |  | 109 |  |  | Income tax expense
| $ | — |  |  | $ | (12) |  |  | $ | (412) |  |  |
Unrealized gains (losses) on defined benefit plans |  |  |  |  |  |  |
Amortization of net loss and prior service costs | $ | — |  |  | $ | (82) |  |  | $ | (82) |  |  | Other expenses - salaries and employee benefits
Related income tax benefit (expense) | — |  |  | 17 |  |  | 17 |  |  | Income tax expense
| $ | — |  |  | $ | (65) |  |  | $ | (65) |  |  |
Total reclassifications for the period, net of tax | $ | (16,398) |  |  | $ | (5,552) |  |  | $ | 466 |  |  |
(1) For additional detail related to unrealized gains (losses) on available for sale securities and related amounts reclassified from accumulated other comprehensive income see NOTE 4. INVESTMENT SECURITIES of these Notes to Consolidated Financial Statements. (2) For additional detail related to unrealized gains (losses) on cash flow hedges and related amounts reclassified from accumulated other comprehensive income see NOTE 12. DERIVATIVE FINANCIAL INSTRUMENTS of these Notes to Consolidated Financial Statements.

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration