XML 61 R39.htm IDEA: XBRL DOCUMENT v3.25.2

Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Components of Other Comprehensive Income (Loss) and Related Tax Effects

The components of OCI and related tax effects are as follows:

			Three months ended June 30,												Six months ended June 30,
(in thousands)			2025						2024						2025						2024
Unrealized holding gains (losses) on available for sale securities before reclassifications			$	12,792					$	1,106					$	43,018					$	(14,793)
Amounts reclassified out of AOCI:
Realized gain (loss) on debt securities			(4)						2,945						1,142						2,945
Total amounts reclassified out of accumulated other comprehensive income (loss)			(4)						—						1,142						—
Unrealized holding gains (losses) on available for sale securities after reclassifications			12,788						4,051						44,160						(11,848)
Tax effect			(3,780)						(1,199)						(13,054)						3,502
Unrealized holding gains (losses) on available for sale securities, net of tax			9,008						2,852						31,106						(8,346)
Change in unfunded status of the supplemental retirement plans before reclassifications			164						115						328						230
Amounts reclassified out of AOCI:
Amortization of actuarial losses			(164)						(115)						(328)						(230)
Total amounts reclassified out of accumulated other comprehensive loss			(164)						(115)						(328)						(230)
Total other comprehensive income (loss)			$	9,008					$	2,852					$	31,106					$	(8,346)

Components of Accumulated Other Comprehensive Loss

The components of AOCI, included in shareholders’ equity, are as follows:

(in thousands)			June 30, 2025						December 31, 2024
Net unrealized loss on available for sale securities			$	(189,488)					$	(233,648)
Tax effect			56,021						69,075
Unrealized holding loss on available for sale securities, net of tax			(133,467)						(164,573)
Unfunded status of the supplemental retirement plans			16,085						16,085
Tax effect			(4,756)						(4,756)
Unfunded status of the supplemental retirement plans, net of tax			11,329						11,329
Joint beneficiary agreement liability			782						782
Tax effect			—						—
Joint beneficiary agreement liability, net of tax			782						782
Accumulated other comprehensive loss			$	(121,356)					$	(152,462)

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481694/830-30-45-20

+ Details

Name:	us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-5

+ Details

Name:	us-gaap_ScheduleOfAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration