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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2024

Retirement Benefits [Abstract]

Schedule of Changes in Benefit Obligation and Plan Assets

The following table summarizes changes in the benefit obligation and plan assets for each postretirement benefit plan as of the dates indicated:

						SERP												Other Postretirement Benefits
						December 31,												December 31,
(In thousands)						2024						2023						2024						2023
Benefit obligations:
Beginning of year						$	15,488					$	15,042					$	3,215					$	3,261
Service cost						—						281						9						11
Interest cost						723						756						153						162
Actuarial (gain) loss						(825)						(65)						(31)						(48)
Benefits paid						(1,293)						(526)						(183)						(171)
End of year						$	14,093					$	15,488					$	3,163					$	3,215
Fair value of plan assets:
Beginning of year						—						—						—						—
Employer contributions						1,293						526						183						171
Benefits paid						(1,293)						(526)						(183)						(171)
End of year						—						—						—						—
Unfunded status at end of year(1)						$	14,093					$	15,488					$	3,163					$	3,215
Amounts recognized in AOCI, net of tax:
Net actuarial loss (gain)						$	(287)					$	361					$	(38)					$	(57)
Prior service credit						—						—						(86)						(65)
Total						$	(287)					$	361					$	(124)					$	(122)

(1)    Presented within other liabilities on the consolidated statements of condition.

Schedule of Net Period Benefit Cost and Other Amounts Recognized in Other Comprehensive Income

The components of net periodic benefit cost and other amounts recognized in OCI, before taxes, were as follows for the periods indicated:

						SERP																		Other Postretirement Benefits
						For the Year Ended December 31,																		For the Year Ended December 31,
(In thousands)						2024						2023						2022						2024						2023						2022
Net periodic benefit cost:
Service cost(1)						$	—					$	281					$	534					$	9					$	11					$	21
Interest cost(2)						723						756						460						153						162						111
Recognized net actuarial loss (gain)(2)						—						—						859						(4)						(3)						88
Amortization of prior service credit(2)						—						—						—						(24)						(24)						(24)
Net periodic benefit cost						723						1,037						1,853						134						146						196
Changes in funded status recognized in OCI, before taxes:
Net actuarial (gain) loss arising during period						(825)						(65)						(1,996)						(31)						(49)						(863)
Reclassifications to net periodic benefit cost:
Amortization of net unrecognized actuarial (loss) gain						—						—						(859)						4						3						(88)
Amortization of prior service credit						—						—						—						24						24						24
Total recognized in OCI, before taxes						(825)						(65)						(2,855)						(3)						(22)						(927)
Total recognized in net periodic benefit cost and OCI, before taxes						$	(102)					$	972					$	(1,002)					$	131					$	124					$	(731)

(1)    Presented in salaries and employee benefits on the consolidated statements of income.

(2)    Presented in other expenses on the consolidated statements of income.

Schedule of Assumptions Used in Determining Benefit Obligations and Net Period Benefit Costs

The following assumptions were used in determining benefit obligations and net period benefit costs. Effective December 31, 2023, the SERP no longer has active participants and rate of compensation increases assumptions are no longer used.

			SERP																		Other Postretirement Benefits
			2024						2023						2022						2024						2023						2022
Weighted-average assumptions as of end of year:
Discount rate for benefit obligation			5.6		%				4.9		%				5.1		%				5.4		%				5.0		%				5.2		%
Discount rate for net periodic benefit cost			4.9		%				5.1		%				2.8		%				5.0		%				5.2		%				2.8		%
Rate of compensation increase for benefit obligation(1)			N/A						N/A						3.0		%				N/A						N/A						N/A
Rate of compensation increase for net periodic benefit cost(1)			N/A						N/A						3.0		%				N/A						N/A						N/A
Health care cost trend rate assumed for future years			N/A						N/A						N/A						4.5% - 7.5%						4.5% - 7.5%						4.5% - 6.5%

(1)    Effective December 31, 2023, there were no active participants in the SERP.

Schedule of Estimated Future Benefit Payments

The expected benefit payments for the next ten years are presented in the following table:

(In thousands)						SERP						Other Postretirement Benefits
2025						$	1,201					$	285
2026						$	1,201					$	272
2027						$	1,177					$	255
2028						$	1,194					$	267
2029						$	1,194					$	270
Next 5 years						$	5,650					$	1,132

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Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate.

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Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans.

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