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Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2025
			Unrealized Gains (Losses) on Securities												Unrealized Gains (Losses) on Derivatives												Retirement Plans						Total
Beginning balance, net of tax			$	(123,451)											$	(3)											$	(18,031)					$	(141,485)
Other comprehensive income (loss):
Other comprehensive income (loss) before reclassifications			16,327												828												—						17,155
Reclassification adjustments included in net income			26,474												(1,988)												614						25,100
Income tax (expense) benefit			(8,989)												243												(128)						(8,874)
Net current-period other comprehensive income (loss), net of tax			33,812												(917)												486						33,381
Ending balance, net of tax			$	(89,639)											$	(920)											$	(17,545)					$	(108,104)
			Nine Months Ended September 30, 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 (loss) income before reclassifications			(2,504)												(2,715)												—						(5,219)
Reclassification adjustments included in net income			31,061												(6,427)												1,844						26,478
Income tax (expense) benefit			(5,997)												1,919												(387)						(4,465)
Net current-period other comprehensive income (loss), net of tax			22,560												(7,223)												1,457						16,794
Ending balance, net of tax			$	(89,639)											$	(920)											$	(17,545)					$	(108,104)

			Three Months Ended September 30, 2024
			Unrealized Gains (Losses) on Securities												Unrealized Gains (Losses) on Derivatives												Retirement Plans						Total
Beginning balance, net of tax			$	(109,881)											$	17,444											$	(18,517)					$	(110,954)
Other comprehensive income (loss):
Other comprehensive income (loss) before reclassifications			6,593												(13,658)												(1,002)						(8,067)
Reclassification adjustments included in net income			4,048												(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 tax			8,406												(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 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			(1,094)												4,641												(1,002)						2,545
Reclassification adjustments included in net income			8,720												(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 tax			6,024												(10,642)												(419)						(5,037)
Ending balance, net of tax			$	(101,475)											$	2,161											$	(19,185)					$	(118,499)

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 September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
Unrealized gains and losses on securities transferred:
Amortization of unrealized gains and losses (1)			$	(2,079)					$	(2,119)					$	(6,112)					$	(6,210)
Tax (expense) benefit			437						445						1,284						1,304
Net of tax			(1,642)						(1,674)						(4,828)						(4,906)
Unrealized gains and losses on available for sale securities:
Realized net gain (loss) on sale of securities (2)			(24,395)						(1,929)						(24,949)						(2,510)
Tax (expense) benefit			5,123						405						5,239						527
Net of tax			(19,272)						(1,524)						(19,710)						(1,983)
Derivatives:
Realized net gain (loss) on interest rate swap derivatives (3)			1,988						5,688						6,427						18,112
Tax (expense) benefit			(417)						(1,195)						(1,349)						(3,804)
Net of tax			1,571						4,493						5,078						14,308
Amortization of pension plan:
Net actuarial loss (4)			(614)						(156)						(1,844)						(471)
Tax (expense) benefit			128						33						387						99
Net of tax			(486)						(123)						(1,457)						(372)
Total reclassifications for the period, net of tax			$	(19,829)					$	1,172					$	(20,917)					$	7,047

(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.”

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- References

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- Definition

Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

+ References

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- 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

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