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Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
The changes in accumulated other comprehensive income (loss) by component are as follows (in thousands):
Three Months Ended September 30, 2024
Unrealized Gains (Losses) on SecuritiesUnrealized Gains (Losses) on DerivativesRetirement PlansTotal
Beginning balance, net of tax$(109,881)$17,444 $(18,517)$(110,954)
Other comprehensive income (loss):
Other comprehensive income (loss) before reclassifications6,593 (13,658)(1,002)(8,067)
Reclassification adjustments included in net income4,048 (5,688)156 (1,484)
Income tax (expense) benefit(2,235)4,063 178 2,006 
Net current-period other comprehensive income (loss), net of tax8,406 (15,283)(668)(7,545)
Ending balance, net of tax$(101,475)$2,161 $(19,185)$(118,499)
Nine Months Ended September 30, 2024
Unrealized Gains (Losses) on Securities
Unrealized Gains (Losses) on DerivativesRetirement Plans
Total
Beginning balance, net of tax$(107,499)$12,803 $(18,766)$(113,462)
Other comprehensive income (loss):
Other comprehensive (loss) income before reclassifications(1,094)4,641 (1,002)2,545 
Reclassification adjustments included in net income8,720 (18,112)471 (8,921)
Income tax (expense) benefit(1,602)2,829 112 1,339 
Net current-period other comprehensive income (loss), net of tax6,024 (10,642)(419)(5,037)
Ending balance, net of tax$(101,475)$2,161 $(19,185)$(118,499)
Three Months Ended September 30, 2023
Unrealized Gains (Losses) on SecuritiesUnrealized Gains (Losses) on DerivativesRetirement PlansTotal
Beginning balance, net of tax$(125,929)$29,439 $(19,203)$(115,693)
Other comprehensive income (loss):
Other comprehensive income (loss) before reclassifications(52,882)7,377 — (45,505)
Reclassification adjustments included in net income1,997 (6,408)189 (4,222)
Income tax (expense) benefit10,686 (203)(40)10,443 
Net current-period other comprehensive income (loss), net of tax(40,199)766 149 (39,284)
Ending balance, net of tax$(166,128)$30,205 $(19,054)$(154,977)
Nine Months Ended September 30, 2023
Unrealized Gains (Losses) on SecuritiesUnrealized Gains (Losses) on DerivativesRetirement PlansTotal
Beginning balance, net of tax$(149,181)$31,227 $(19,502)$(137,456)
Other comprehensive income (loss):
Other comprehensive income (loss) before reclassifications(33,032)16,277 — (16,755)
Reclassification adjustments included in net income11,579 (17,570)567 (5,424)
Income tax (expense) benefit 4,506 271 (119)4,658 
Net current-period other comprehensive income (loss), net of tax(16,947)(1,022)448 (17,521)
Ending balance, net of tax$(166,128)$30,205 $(19,054)$(154,977)
The reclassification adjustments out of accumulated other comprehensive income (loss) included in net income are presented below (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Unrealized gains and losses on securities transferred:
Amortization of unrealized gains and losses (1)
$(2,119)$(2,008)$(6,210)$(5,989)
Tax benefit445 422 1,304 1,258 
Net of tax(1,674)(1,586)(4,906)(4,731)
Unrealized gains and losses on available for sale securities:
Realized net gain (loss) on sale of securities (2)
(1,929)11 (2,510)(5,590)
Tax (expense) benefit405 (2)527 1,174 
Net of tax(1,524)9 (1,983)(4,416)
Derivatives:
Realized net gain (loss) on interest rate swap derivatives (3)
5,688 6,408 18,112 17,570 
Tax benefit(1,195)(1,346)(3,804)(3,690)
Net of tax4,493 5,062 14,308 13,880 
Amortization of pension plan:
Net actuarial loss (4)
(156)(189)(471)(567)
Tax benefit33 40 99 119 
Net of tax(123)(149)(372)(448)
Total reclassifications for the period, net of tax$1,172 $3,336 $7,047 $4,285 
(1)    Included in interest income on the consolidated statements of income.
(2)    Listed as net gain (loss) on sale of securities AFS on the consolidated statements of income.
(3)    Included in interest expense for FHLB borrowings, other borrowings and deposits on the consolidated statements of income.
(4)    These AOCI components are included in the computation of net periodic pension cost (income) presented in “Note 8 – Employee Benefit Plans.”