v3.25.2
Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
For the three and six months ended June 30, 2025 and 2024, the Company’s accumulated OCI (loss) includes the following three components: (i) unrealized holding gains (losses) on investment securities available-for-sale; (ii) change in the fair value of cash flow hedges; and (iii) adjustment of accumulated obligation for postretirement benefits.
 
Changes in accumulated OCI (loss) by component, net of tax, were as follows for the periods indicated:
 Three Months Ended June 30, 2025
 
Investment
Securities
 Available-for-Sale
Net Change in Fair Value of Cash Flow HedgesPostretirement
Benefits
Accumulated Other
Comprehensive
Income (Loss)
 (In Thousands)
Balance at March 31, 2025$(43,981)$(676)$2,159 $(42,498)
Other comprehensive income (loss)4,327 (157)(1,956)2,214 
Reclassification adjustment for (income) expense recognized in earnings— 397 509 906 
Balance at June 30, 2025$(39,654)$(436)$712 $(39,378)
 Three Months Ended June 30, 2024
 
Investment
Securities
 Available-for-Sale
Net Change in Fair Value of Cash Flow HedgesPostretirement
Benefits
Accumulated Other
Comprehensive
Income (Loss)
 (In Thousands)
Balance at March 31, 2024$(58,823)$(3,347)$1,329 $(60,841)
Other comprehensive income (loss)(910)(759)— (1,669)
Reclassification adjustment for (income) expense recognized in earnings— 817 — 817 
Balance at June 30, 2024$(59,733)$(3,289)$1,329 $(61,693)
 Six Months Ended June 30, 2025
 
Investment
Securities
 Available-for-Sale
Net Change in Fair Value of Cash Flow HedgesPostretirement
Benefits
Accumulated Other
Comprehensive
Income (Loss)
 (In Thousands)
Balance at December 31, 2024$(53,718)$(1,323)$2,159 $(52,882)
Other comprehensive income (loss)14,064 (2,115)(1,956)9,993 
Reclassification adjustment for (income) expense recognized in earnings— 3,002 509 3,511 
Balance at June 30, 2025$(39,654)$(436)$712 $(39,378)
 Six Months Ended June 30, 2024
 
Investment
Securities
 Available-for-Sale
Net Change in Fair Value of Cash Flow HedgesPostretirement
Benefits
Accumulated Other
Comprehensive
Income (Loss)
 (In Thousands)
Balance at December 31, 2023$(52,546)$(1,581)$1,329 $(52,798)
Other comprehensive income (loss)(7,187)(3,340)— (10,527)
Reclassification adjustment for (income) expense recognized in earnings— 1,632 — 1,632 
Balance at June 30, 2024$(59,733)$(3,289)$1,329 $(61,693)