XML 77 R58.htm IDEA: XBRL DOCUMENT
v3.25.1

Accumulated Other Comprehensive Income (Loss) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table presents changes in accumulated other comprehensive income (loss) by component, net of tax, for the years ending December 31, 2024, December 31, 2023, and December 31, 2022 (in thousands):
| December 31, 2024
| Gains and Losses on Cash Flow Hedges |  | Unrealized Gains and Losses on Available-for-Sale Securities |  | Defined Benefit Pension Items |  | Accumulated Other Comprehensive Income
Beginning Balance | $ | (490) |  |  | $ | (97,259) |  |  | $ | (5,745) |  |  | $ | (103,494) |
Net unrealized gains (losses) | 3,082 |  |  | 6,372 |  |  | — |  |  | 9,454 |
Less: net realized (gains) losses reclassified to earnings | (1,681) |  |  | (1,168) |  |  | — |  |  | (2,849) |
Net change in pension plan benefits | — |  |  | — |  |  | 1,169 |  |  | 1,169 |
Ending Balance | $ | 911 |  |  | $ | (92,055) |  |  | $ | (4,576) |  |  | $ | (95,720) |
| December 31, 2023
| Gains and Losses on Cash Flow Hedges |  | Unrealized Gains and Losses on Available-for-Sale Securities |  | Defined Benefit Pension Items |  | Accumulated Other Comprehensive Income
Beginning Balance | $ | (1,589) |  |  | $ | (130,875) |  |  | $ | (7,031) |  |  | $ | (139,495) |
Net unrealized gains (losses) | (283) |  |  | 32,718 |  |  | — |  |  | 32,435 |
Less: net realized (gains) losses reclassified to earnings | 1,382 |  |  | 898 |  |  | — |  |  | 2,280 |
Net change in pension plan benefits | — |  |  | — |  |  | 1,286 |  |  | 1,286 |
Ending Balance | $ | (490) |  |  | $ | (97,259) |  |  | $ | (5,745) |  |  | $ | (103,494) |
| December 31, 2022
| Gains and Losses on Cash Flow Hedges |  | Unrealized Gains and Losses on Available-for-Sale Securities |  | Defined Benefit Pension Items |  | Accumulated Other Comprehensive Income
Beginning Balance | $ | — |  |  | $ | 12,975 |  |  | $ | (6,020) |  |  | $ | 6,955 |
Net unrealized gains (losses) | (1,721) |  |  | (144,209) |  |  | — |  |  | (145,930) |
Less: net realized (gains) losses reclassified to earnings | 132 |  |  | 359 |  |  | — |  |  | 491 |
Net change in pension plan benefits | — |  |  | — |  |  | (1,011) |  |  | (1,011) |
Ending Balance | $ | (1,589) |  |  | $ | (130,875) |  |  | $ | (7,031) |  |  | $ | (139,495) |
Schedule of Reclassification out of Accumulated Other Comprehensive Income (Loss) | The following table presents amounts reclassified out of each component of accumulated other comprehensive income (loss) for the years ending December 31, 2024, December 31, 2023, and December 31, 2022 (in thousands).
Details about Accumulated Other Comprehensive Income Components |  | Amount Reclassified From Accumulated Other Comprehensive Income |  | Affected Line Item in the Statements of Income
| December 31, 2024 |  | December 31, 2023 |  | December 31, 2022 |
Cash flow hedges: |  |  |  |  |  |  |  |
Interest rate contracts |  | $ | (611) |  |  | $ | (1,749) |  |  | $ | (167) |  |  | Interest income
Interest rate contracts |  | 2,794 |  |  | — |  |  | — |  |  | Interest expense
Tax effect |  | (502) |  |  | 367 |  |  | 35 |  |  | Income tax expense (benefit)
Net of Tax |  | $ | 1,681 |  |  | $ | (1,382) |  |  | $ | (132) |  |  |
Available-for-sale securities: |  |  |  |  |  |  |  |
Realized gains (losses) on securities |  | $ | 1,357 |  |  | $ | (112) |  |  | $ | (454) |  |  | Net gains/(losses) on securities
Realized gains (losses) on basis adjustment for fair value hedges |  | 160 |  |  | (1,025) |  |  | — |  |  | Interest income
Tax effect |  | (349) |  |  | 239 |  |  | 95 |  |  | Income tax expense (benefit)
Net of Tax |  | $ | 1,168 |  |  | $ | (898) |  |  | $ | (359) |  |  |
Defined benefit pension plan: |  |  |  |  |  |  |  |
Amortization of actuarial gain / (loss) |  | $ | (1,518) |  |  | $ | (1,628) |  |  | $ | 1,280 |  |  | Pension and other employee benefits
Tax effect |  | 349 |  |  | 342 |  |  | (269) |  |  | Income tax expense (benefit)
Net of Tax |  | $ | (1,169) |  |  | $ | (1,286) |  |  | $ | 1,011 |  |  |
Total reclassifications, net of tax |  | $ | 1,680 |  |  | $ | (3,566) |  |  | $ | 520 |  |  | Net income

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 information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
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