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Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

(10.) ACCUMULATED OTHER COMPREHENSIVE LOSS

The following tables present the components of other comprehensive (loss) income for the three and nine months ended September 30, 2025 and 2024 (in thousands):

		Pre-tax Amount				Tax Effect				Net-of-tax Amount
Three months ended September 30, 2025
Securities available for sale and transferred securities:
Change in unrealized loss during the period		$	8,375			$	2,145			$	6,230
Reclassification adjustment for net gains included in net income (1)			(692	)			(177	)			(515	)
Total securities available for sale and transferred securities			7,683				1,968				5,715
Hedging derivative instruments:
Change in unrealized gain during the period			(488	)			(125	)			(363	)
Pension obligations:
Amortization of prior service credit included in income			(134	)			(35	)			(99	)
Amortization of net actuarial loss included in income			274				71				203
Total pension obligations			140				36				104
Other comprehensive income		$	7,335			$	1,879			$	5,456
Nine months ended September 30, 2025
Securities available for sale and transferred securities:
Change in unrealized loss during the period		$	23,456			$	6,009			$	17,447
Reclassification adjustment for net gains included in net income (1)			(672	)			(172	)			(500	)
Total securities available for sale and transferred securities			22,784				5,837				16,947
Hedging derivative instruments:
Change in unrealized gain during the period			(1,898	)			(486	)			(1,412	)
Pension obligations:
Amortization of prior service credit included in income			(402	)			(102	)			(300	)
Amortization of net actuarial loss included in income			822				211				611
Total pension obligations			420				109				311
Other comprehensive income		$	21,306			$	5,460			$	15,846

(1) Includes amounts related to the amortization/accretion of unrealized net gains and losses related to the Company’s reclassification of available for sale investment securities to the held to maturity category. The unrealized net gains/losses will be amortized/accreted over the remaining life of the investment securities as an adjustment of yield.

(10.) ACCUMULATED OTHER COMPREHENSIVE LOSS (Continued)

		Pre-tax Amount				Tax Effect				Net-of-tax Amount
Three months ended September 30, 2024
Securities available for sale and transferred securities:
Change in unrealized loss during the period		$	34,176			$	8,756			$	25,420
Reclassification adjustment for net gains included in net income (1)			13				3				10
Total securities available for sale and transferred securities			34,189				8,759				25,430
Hedging derivative instruments:
Change in unrealized gain during the period			(2,488	)			(637	)			(1,851	)
Pension obligations:
Amortization of prior service credit included in income			(134	)			(34	)			(100	)
Amortization of net actuarial loss included in income			358				92				266
Total pension obligations			224				58				166
Other comprehensive income		$	31,925			$	8,180			$	23,745
Nine months ended September 30, 2024
Securities available for sale and transferred securities:
Change in unrealized loss during the period		$	25,228			$	6,463			$	18,765
Reclassification adjustment for net gains included in net income (1)			40				10				30
Total securities available for sale and transferred securities			25,268				6,473				18,795
Hedging derivative instruments:
Change in unrealized gain during the period			(1,856	)			(475	)			(1,381	)
Pension obligations:
Amortization of prior service credit included in income			(402	)			(103	)			(299	)
Amortization of net actuarial loss included in income			1,073				276				797
Total pension obligations			671				173				498
Other comprehensive income		$	24,083			$	6,171			$	17,912

(1) Includes amounts related to the amortization/accretion of unrealized net gains and losses related to the Company’s reclassification of available for sale investment securities to the held to maturity category. The unrealized net gains/losses will be amortized/accreted over the remaining life of the investment securities as an adjustment of yield.

(10.) ACCUMULATED OTHER COMPREHENSIVE LOSS (Continued)

Activity in accumulated other comprehensive income (loss), net of tax, for the three and nine months ended September 30, 2025 and 2024 was as follows (in thousands):

		Hedging Derivative Instruments				Securities Available for Sale and Transferred Securities				Pension and Post- retirement Obligations				Accumulated Other Comprehensive (Loss) Income
Three months ended September 30, 2025
Balance at beginning of period		$	2,036			$	(34,703	)		$	(9,547	)		$	(42,214	)
Other comprehensive (loss) income before reclassifications			(363	)			6,230				—				5,867
Amounts reclassified from accumulated other comprehensive income			—				(515	)			104				(411	)
Net current period other comprehensive (loss) income			(363	)			5,715				104				5,456
Balance at end of period		$	1,673			$	(28,988	)		$	(9,443	)		$	(36,758	)
Nine months ended September 30, 2025
Balance at beginning of period		$	3,085			$	(45,935	)		$	(9,754	)		$	(52,604	)
Other comprehensive (loss) income before reclassifications			(1,412	)			17,447				—				16,035
Amounts reclassified from accumulated other comprehensive income			—				(500	)			311				(189	)
Net current period other comprehensive (loss) income			(1,412	)			16,947				311				15,846
Balance at end of period		$	1,673			$	(28,988	)		$	(9,443	)		$	(36,758	)
Three months ended September 30, 2024
Balance at beginning of period		$	4,381			$	(118,541	)		$	(11,614	)		$	(125,774	)
Other comprehensive income (loss) before reclassifications			(1,851	)			25,420				—				23,569
Amounts reclassified from accumulated other comprehensive income			—				10				166				176
Net current period other comprehensive (loss) income			(1,851	)			25,430				166				23,745
Balance at end of period		$	2,530			$	(93,111	)		$	(11,448	)		$	(102,029	)
Nine months ended September 30, 2024
Balance at beginning of period		$	3,911			$	(111,906	)		$	(11,946	)		$	(119,941	)
Other comprehensive income (loss) before reclassifications			(1,381	)			18,765				—				17,384
Amounts reclassified from accumulated other comprehensive income			—				30				498				528
Net current period other comprehensive (loss) income			(1,381	)			18,795				498				17,912
Balance at end of period		$	2,530			$	(93,111	)		$	(11,448	)		$	(102,029	)

(10.) ACCUMULATED OTHER COMPREHENSIVE LOSS (Continued)

The following table presents the amounts reclassified out of each component of accumulated other comprehensive (loss) income for the three and nine months ended September 30, 2025 and 2024 (in thousands):

Details About Accumulated Other Comprehensive (Loss) Income Components		Amount Reclassified from Accumulated Other Comprehensive (Loss) Income								Affected Line Item in the Consolidated Statement of Operations
		Three months ended September 30,
		2025				2024
Realized gain on sale of investment securities		$	703			$	—			Net gain on sale or call of securities
Amortization of unrealized holding gain on investment securities transferred from available for sale to held to maturity			(11	)			(13	)		Interest income
			692				(13	)		Total before tax
			(177	)			3			Income tax expense
			515				(10	)		Net of tax
Amortization of pension and post-retirement items:
Prior service credit (1)			134				134			Salaries and employee benefits
Net actuarial losses (1)			(274	)			(358	)		Salaries and employee benefits
			(140	)			(224	)		Total before tax
			36				58			Income tax benefit
			(104	)			(166	)		Net of tax
Total reclassified for the period		$	411			$	(176	)
		Nine months ended
		September 30,
		2025				2024
Realized loss on sale of investment securities		$	706			$	—			Net gain on sale or call of securities
Amortization of unrealized holding gain on investment securities transferred from available for sale to held to maturity			(34	)			(40	)		Interest income
			672				(40	)		Total before tax
			(172	)			10			Income tax expense
			500				(30	)		Net of tax
Amortization of pension and post-retirement items:
Prior service credit (1)			402				402			Salaries and employee benefits
Net actuarial losses (1)			(822	)			(1,073	)		Salaries and employee benefits
			(420	)			(671	)		Total before tax
			109				173			Income tax benefit
			(311	)			(498	)		Net of tax
Total reclassified for the period		$	189			$	(528	)

(1) These items are included in the computation of net periodic pension expense. See Note 12, Employee Benefit Plans, for additional information.

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- References

No definition available.

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- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/220/tableOfContent

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