XML 31 R18.htm IDEA: XBRL DOCUMENT

Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2025

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

10. Accumulated Other Comprehensive Loss

The following tables present the changes in each component of accumulated other comprehensive loss, net of tax, for the three and six months ended June 30, 2025 and 2024 (in thousands):


		Three months ended June 30, 2025												Three months ended June 30, 2024
		Net												Net
		Unrealized												Unrealized
		Gains and												Gains and
		Losses on						Defined						Losses on						Defined
		Investment			Interest			Benefit						Investment			Interest			Benefit
		Securities			Rate			Pension						Securities			Rate			Pension
		AFS⁽¹⁾			Hedge⁽¹⁾			Items⁽¹⁾			Total⁽¹⁾			AFS⁽¹⁾			Hedge⁽¹⁾			Items⁽¹⁾			Total⁽¹⁾
Beginning balance		$	(11,208)		$	(160)		$	(1,616)		$	(12,984)		$	(13,971)		$	278		$	(6,025)		$	(19,718)
Other comprehensive income (loss) before reclassifications			901			57			—			958			(119)			228			1,880			1,989
Amounts reclassified from accumulated other comprehensive loss			—			(19)			—			(19)			—			(157)			297			140
Net current period other comprehensive income (loss)			901			38			—			939			(119)			71			2,177			2,129
Ending balance		$	(10,307)		$	(122)		$	(1,616)		$	(12,045)		$	(14,090)		$	349		$	(3,848)		$	(17,589)

(1)	Amounts in parentheses indicate debits on the Consolidated Balance Sheets.


		Six months ended June 30, 2025												Six months ended June 30, 2024
		Net												Net
		Unrealized												Unrealized
		Gains and												Gains and
		Losses on						Defined						Losses on						Defined
		Investment			Interest			Benefit						Investment			Interest			Benefit
		Securities			Rate			Pension						Securities			Rate			Pension
		AFS⁽¹⁾			Hedge⁽¹⁾			Items⁽¹⁾			Total⁽¹⁾			AFS⁽¹⁾			Hedge⁽¹⁾			Items⁽¹⁾			Total⁽¹⁾
Beginning balance		$	(13,332)		$	(135)		$	(1,616)		$	(15,083)		$	(13,730)		$	(352)		$	(5,894)		$	(19,976)
Other comprehensive income (loss) before reclassifications			3,025			48			—			3,073			(360)			1,016			1,749			2,405
Amounts reclassified from accumulated other comprehensive loss			—			(35)			—			(35)			—			(315)			297			(18)
Net current period other comprehensive income (loss)			3,025			13			—			3,038			(360)			701			2,046			2,387
Ending balance		$	(10,307)		$	(122)		$	(1,616)		$	(12,045)		$	(14,090)		$	349		$	(3,848)		$	(17,589)

(1) Amounts in parentheses indicate debits on the Consolidated Balance Sheets.

The following tables present the amounts reclassified out of each component of accumulated other comprehensive loss for the three and six months ended June 30, 2025 and 2024 (in thousands):


		Amount reclassified from accumulated
		other comprehensive loss⁽¹⁾
		For the three			For the three
Details about accumulated other		months ended			months ended			Affected line item in the
comprehensive loss components		June 30, 2025			June 30, 2024			statement of operations
Interest rate hedge
		$	(24)		$	(199)		Interest expense - Deposits
			5			42		Provision (credit) for income taxes
		$	(19)		$	(157)
Amortization of estimated defined benefit pension plan loss⁽²⁾
		$	—		$	376		Other expense
			—			(79)		Provision (credit) for income taxes
		$	—		$	297
Total reclassifications for the period		$	(19)		$	140


		Amount reclassified from accumulated
		other comprehensive loss⁽¹⁾
		For the six			For the six
Details about accumulated other		months ended			months ended			Affected line item in the
comprehensive loss components		June 30, 2025			June 30, 2024			statement of operations
Interest rate hedge
		$	(44)		$	(399)		Interest expense - Deposits
			9			84		Provision (credit) for income taxes
		$	(35)		$	(315)
Amortization of estimated defined benefit pension plan loss⁽²⁾
		$	—		$	376		Other expense
			—			(79)		Provision (credit) for income taxes
		$	—		$	297
Total reclassifications for the period		$	(35)		$	(18)

(1) Amounts in parentheses indicate credits.

(2) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 15 for additional details).