XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.25.1

Accumulated Other Comprehensive Income (Loss) (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of accumulated other comprehensive income (loss) by component | The changes in accumulated other comprehensive income (loss) by component are as follows (in thousands):
| Three Months Ended March 31, 2025
| Unrealized Gains (Losses) on Securities |  |  |  | Unrealized Gains (Losses) on Derivatives |  |  |  | Retirement Plans |  | Total
Beginning balance, net of tax | $ | (112,199) |  |  |  |  | $ | 6,303 |  |  |  |  | $ | (19,002) |  |  | $ | (124,898) |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |
Other comprehensive income (loss) before reclassifications | (6,213) |  |  |  |  | (3,151) |  |  |  |  | — |  |  | (9,364) |
Reclassification adjustments included in net income | 2,568 |  |  |  |  | (2,573) |  |  |  |  | 614 |  |  | 609 |
Income tax (expense) benefit | 766 |  |  |  |  | 1,202 |  |  |  |  | (129) |  |  | 1,839 |
Net current-period other comprehensive income (loss), net of tax | (2,879) |  |  |  |  | (4,522) |  |  |  |  | 485 |  |  | (6,916) |
Ending balance, net of tax | $ | (115,078) |  |  |  |  | $ | 1,781 |  |  |  |  | $ | (18,517) |  |  | $ | (131,814) |
| Three Months Ended March 31, 2024
| Unrealized Gains (Losses) on Securities |  |  |  | Unrealized Gains (Losses) on Derivatives |  |  |  | Retirement Plans |  | Total
Beginning balance, net of tax | $ | (107,499) |  |  |  |  | $ | 12,803 |  |  |  |  | $ | (18,766) |  |  | $ | (113,462) |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |
Other comprehensive income (loss) before reclassifications | (5,887) |  |  |  |  | 13,616 |  |  |  |  | — |  |  | 7,729 |
Reclassification adjustments included in net income | 2,041 |  |  |  |  | (6,642) |  |  |  |  | 167 |  |  | (4,434) |
Income tax (expense) benefit | 807 |  |  |  |  | (1,465) |  |  |  |  | (34) |  |  | (692) |
Net current-period other comprehensive income (loss), net of tax | (3,039) |  |  |  |  | 5,509 |  |  |  |  | 133 |  |  | 2,603 |
Ending balance, net of tax | $ | (110,538) |  |  |  |  | $ | 18,312 |  |  |  |  | $ | (18,633) |  |  | $ | (110,859) |
Reclassifications out of accumulated other comprehensive income | The reclassification adjustments out of accumulated other comprehensive income (loss) included in net income are presented below (in thousands):
| Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
Unrealized gains and losses on securities transferred: |  |  |  |  |  |  |
Amortization of unrealized gains and losses (1) | $ | (2,014) |  |  | $ | (2,023) |  |  |  |  |
Tax (expense) benefit | 423 |  |  | 425 |  |  |  |  |
Net of tax | (1,591) |  |  | (1,598) |  |  |  |  |
Unrealized gains and losses on available for sale securities: |  |  |  |  |  |  |
Realized net gain (loss) on sale of securities (2) | (554) |  |  | (18) |  |  |  |  |
Tax (expense) benefit | 116 |  |  | 4 |  |  |  |  |
Net of tax | (438) |  |  | (14) |  |  |  |  |
Derivatives: |  |  |  |  |  |  |
Realized net gain (loss) on interest rate swap derivatives (3) | 2,573 |  |  | 6,642 |  |  |  |  |
Tax (expense) benefit | (540) |  |  | (1,395) |  |  |  |  |
Net of tax | 2,033 |  |  | 5,247 |  |  |  |  |
Amortization of pension plan: |  |  |  |  |  |  |
Net actuarial loss (4) | (614) |  |  | (167) |  |  |  |  |
Tax (expense) benefit | 129 |  |  | 34 |  |  |  |  |
Net of tax | (485) |  |  | (133) |  |  |  |  |
Total reclassifications for the period, net of tax | $ | (481) |  |  | $ | 3,502 |  |  |  |  |
(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 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.”

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
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