v3.25.2
Other Comprehensive Income
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Other Comprehensive Income Other Comprehensive Income
(In Thousands)
Changes in the components of other comprehensive income, net of tax, were as follows for the periods presented:
 
Pre-TaxTax Expense
(Benefit)
Net of Tax
Three months ended June 30, 2025
Securities available for sale:
Unrealized holding gains on securities$9,040 $2,282 $6,758 
Amortization of unrealized holding losses on securities transferred to the held to maturity category2,840 727 2,113 
Total securities available for sale11,880 3,009 8,871 
Derivative instruments:
Unrealized holding losses on derivative instruments(1,835)(470)(1,365)
Total derivative instruments(1,835)(470)(1,365)
Defined benefit pension and post-retirement benefit plans:
Amortization of net actuarial loss recognized in net periodic pension cost100 26 74 
Total defined benefit pension and post-retirement benefit plans100 26 74 
Total other comprehensive income$10,145 $2,565 $7,580 
Three months ended June 30, 2024
Securities available for sale:
Unrealized holding gains on securities$648 $180 $468 
Amortization of unrealized holding losses on securities transferred to the held to maturity category3,252 831 2,421 
Total securities available for sale3,900 1,011 2,889 
Derivative instruments:
Unrealized holding losses on derivative instruments(188)(47)(141)
Total derivative instruments(188)(47)(141)
Defined benefit pension and post-retirement benefit plans:
Amortization of net actuarial loss recognized in net periodic pension cost105 26 79 
Total defined benefit pension and post-retirement benefit plans105 26 79 
Total other comprehensive income$3,817 $990 $2,827 
Pre-TaxTax Expense
(Benefit)
Net of Tax
Six months ended June 30, 2025
Securities available for sale:
Unrealized holding gains on securities$35,727 $8,999 $26,728 
Amortization of unrealized holding losses on securities transferred to the held to maturity category5,884 1,506 4,378 
Total securities available for sale41,611 10,505 31,106 
Derivative instruments:
Unrealized holding losses on derivative instruments(3,612)(925)(2,687)
Total derivative instruments(3,612)(925)(2,687)
Defined benefit pension and post-retirement benefit plans:
Amortization of net actuarial loss recognized in net periodic pension cost199 51 148 
Total defined benefit pension and post-retirement benefit plans199 51 148 
Total other comprehensive income$38,198 $9,631 $28,567 
Six months ended June 30, 2024
Securities available for sale:
Unrealized holding losses on securities$(5,544)$(1,378)$(4,166)
Amortization of unrealized holding losses on securities transferred to the held to maturity category6,527 1,668 4,859 
Total securities available for sale983 290 693 
Derivative instruments:
Unrealized holding losses on derivative instruments(953)(242)(711)
Total derivative instruments(953)(242)(711)
Defined benefit pension and post-retirement benefit plans:
Amortization of net actuarial loss recognized in net periodic pension cost211 53 158 
Total defined benefit pension and post-retirement benefit plans211 53 158 
Total other comprehensive income$241 $101 $140 

The accumulated balances for each component of other comprehensive loss, net of tax, were as follows as of the dates presented:
 
June 30,
2025
December 31, 2024
Unrealized losses on securities$(121,828)$(152,934)
Unrealized gains on derivative instruments14,742 17,429 
Unrecognized losses on defined benefit pension and post-retirement benefit plans obligations(6,955)(7,103)
Total accumulated other comprehensive loss$(114,041)$(142,608)