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Accumulated Other Comprehensive Loss
 9 Months Ended
Sep. 30, 2025
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss
Note 8 – Accumulated Other Comprehensive Loss

The following tables present the changes in accumulated other comprehensive loss by component, net of tax, for the three and nine months ended September 30, 2025 and 2024 (in thousands):
   
Three months ended September 30, 2025
  
   
Unrealized gain
(loss) on available
for sale securities
(a)
    
Defined Benefit
Pension Items
(a)
    
Unrealized loss
on interest rate
 swap (a)
    
Total
  
Balance as of June 30, 2025
  
$
(23,111
)
  
$
(304
)
  
$
2,389
    
$
(21,026
)
Other comprehensive income before reclassifications (net of tax)
    
6,609
      
-
      
485
      
7,094
  
Amounts reclassified from accumulated other Comprehensive loss (net of tax)
    
-
      
-
      
(718
)
    
(718
)
Net current period other comprehensive income (loss)
    
6,609
      
-
      
(233
)
    
6,376
  
Balance as of September 30, 2025
  
$
(16,502
)
  
$
(304
)
  
$
2,156
    
$
(14,650
)


 
Nine months ended September 30, 2025
  
Balance as of December 31, 2024
  
$
(26,564
)
  
$
(304
)
  
$
3,347
    
$
(23,521
)
Other comprehensive income (loss) before reclassifications (net of tax)
    
10,062
      
-
      
(95
)
    
9,967
  
Amounts reclassified from accumulated other comprehensive loss (net of tax)
    
-
      
-
      
(1,096
)
    
(1,096
)
Net current period other comprehensive income (loss)
    
10,062
      
-
      
(1,191
)
    
8,871
  
Balance as of September 30, 2025
  
$
(16,502
)
  
$
(304
)
  
$
2,156
    
$
(14,650
)

   
Three months ended September 30, 2024
  
Balance as of June 30, 2024
  
$
(29,158
)
  
$
(959
)
  
$
4,185
    
$
(25,932
)
Other comprehensive income (loss) before reclassifications (net of tax)
    
8,170
      
-
      
(657
)
    
7,513
  
Amounts reclassified from accumulated other comprehensive income (loss) (net of tax)
    
-
      
6
      
(503
)
    
(497
)
Net current period other comprehensive income (loss)
    
8,170
      
6
      
(1,160
)
    
7,016
  
Balance as of September 30, 2024
  
$
(20,988
)
  
$
(953
)
  
$
3,025
    
$
(18,916
)


 
Nine months ended September 30, 2024
  
   
Unrealized gain (loss)
on available for sale
securities (a)
    
Defined Benefit
Pension Items (a)
    
Unrealized loss
on interest rate
swap (a)
    
Total
  
Balance as of December 31, 2023
  
$
(28,238
)
  
$
(972
)
  
$
4,299
    
$
(24,911
)
Other comprehensive income before reclassifications (net of tax)
    
7,250
      
-
      
230
      
7,480
  
Amounts reclassified from accumulated other comprehensive income (loss) (net of tax)
    
-
      
19
      
(1,504
)
    
(1,485
)
Net current period other comprehensive income (loss)
    
7,250
      
19
      
(1,274
)
    
5,995
  
Balance as of September 30, 2024
  
$
(20,988
)
  
$
(953
)
  
$
3,025
    
$
(18,916
)
(a) Amounts in parentheses indicate debits on the Consolidated Balance Sheet.

The following table presents the significant amounts reclassified out of each component of accumulated other comprehensive loss for the three and nine months ended September 30, 2025 and 2024 (in thousands):
Details about accumulated other
comprehensive income (loss)
  
Amount reclassified from accumulated comprehensive
income (loss) (a)
  
Affected line item in the Consolidated
Statement of Income

 
Three Months Ended September 30,
    
   
2025
    
2024
    
Unrealized gains and losses on available for sale securities
  
       

 
$
-
    
$
-
  
Available for sale securities gains, net
     
-
      
-
  
Provision for income taxes
   
$
-
    
$
-
  
Net of tax
Defined benefit pension items
                    
   
$
-
    
$
(8
)
Other expenses
     
-
      
2
  
Provision for income taxes
   
$
-
    
$
(6
)
Net of tax
Unrealized gain (loss) on interest rate swap
  
$
353
    
$
636
  
Interest expense
     
(75
)
    
(133
)
Provision for income taxes
   
$
278
    
$
503
  
Net of tax
                      
Total reclassifications
  
$
278
    
$
497
    

   
Nine Months Ended September 30,
  

 
2025
    
2024
    
Unrealized gains and losses on available for sale securities
                    

 
$
-
    
$
-
  
Available for sale securities gains, net

   
-
      
-
  
Provision for income taxes

 
$
-
    
$
-
  
Net of tax
Defined benefit pension items
                        

 
$
-
    
$
(24
)
Other expenses

   
-
      
5
  
Provision for income taxes

 
$
-
    
$
(19
)
Net of tax
Unrealized gain (loss) on interest rate swap
  
$
1,388
    
$
1,904
  
Interest expense

   
(292
)
    
(400
)
Provision for income taxes

 
$
1,096
    
$
1,504
  
Net of tax

                         
Total reclassifications
  
$
1,096
    
$
1,485
    
(a) Amounts in parentheses indicate expenses and other amounts indicate income on the Consolidated Statement of Income