Comprehensive Income (Tables)

The following table presents the components of other comprehensive income (loss) for the three and six month periods ended June 30, 2025 and 2024:


Schedule of Comprehensive Income (Loss)
	Three Months Ended June 30,						Six Months Ended June 30,
			Tax						Tax
	Before-Tax		(Expense)		Net-of-Tax		Before-Tax		(Expense)		Net-of-Tax
	Amount		Benefit		Amount		Amount		Benefit		Amount
2025
Net Unrealized Securities Holding Gain on Securities Available-for-Sale Arising During the Period	$	4,387	$	(1,131)	$	3,256	$	13,032	$	(3,360)	$	9,672
Net Unrealized (Loss) on Cash Flow Swap	(208)		54		(154)		(1,762)		454		(1,308)



Reclassification of Net Unrealized (Gain) on Cash Flow Hedge Agreements to Interest Expense	(558)		144		(414)		(988)		255		(733)
Amortization of Net Retirement Plan Actuarial (Gain)	(159)		41		(118)		(255)		66		(189)
Amortization of Net Retirement Plan Prior Service Cost	83		(22)		61		166		(44)		122
Other Comprehensive Income	$	3,545	$	(914)	$	2,631	$	10,193	$	(2,629)	$	7,564

2024
Net Unrealized Securities Holding Gain (Loss) on Securities Available-for-Sale Arising During the Period	$	1,014	$	(263)	$	751	$	(1,048)	$	269	$	(779)
Net Unrealized Gain on Cash Flow Swap	680		(175)		505		3,901		(1,006)		2,895
Reclassification of Net Unrealized (Gain) on Cash Flow Hedge Agreements to Interest Expense	(215)		56		(159)		(428)		111		(317)


Amortization of Net Retirement Plan Actuarial (Gain)	(91)		25		(66)		(157)		41		(116)
Amortization of Net Retirement Plan Prior Service Cost	68		(17)		51		137		(36)		101
Other Comprehensive Income	$	1,456	$	(374)	$	1,082	$	2,405	$	(621)	$	1,784

The following table presents the changes in accumulated other comprehensive (loss) income by component:


Changes in Accumulated Other Comprehensive (Loss) Income by Component (1)

	Unrealized Loss on Available-for-Sale Securities		Unrealized Gain on Cash Flow Swap		Defined Benefit Plan Items				Total
					Net Actuarial Gain (Loss)		Net Prior Service Cost


For the quarter-to-date periods ended:
March 31, 2025	$	(20,876)	$	3,204	$	4,856	$	(704)	$	(13,520)
Other comprehensive income or loss before reclassifications	3,256		(154)		—		—		3,102
Amounts reclassified from accumulated other comprehensive income or loss	—		(414)		(118)		61		(471)
Net current-period other comprehensive income or loss	3,256		(568)		(118)		61		2,631

June 30, 2025	$	(17,620)	$	2,636	$	4,738	$	(643)	$	(10,889)

March 31, 2024	$	(33,178)	$	3,943	$	(2,889)	$	(590)	$	(32,714)
Other comprehensive income or loss before reclassifications	751		505		—		—		1,256
Amounts reclassified from accumulated other comprehensive income or loss	—		(159)		(66)		51		(174)
Net current-period other comprehensive income or loss	751		346		(66)		51		1,082

June 30, 2024	$	(32,427)	$	4,289	$	(2,955)	$	(539)	$	(31,632)

For the Year-To-Date periods ended:

December 31, 2024	$	(27,292)	$	4,677	$	4,927	$	(765)	$	(18,453)
Other comprehensive income or loss before reclassifications	9,672		(1,308)		—		—		8,364
Amounts reclassified from accumulated other comprehensive income or loss	—		(733)		(189)		122		(800)
Net current-period other comprehensive income or loss	9,672		(2,041)		(189)		122		7,564

June 30, 2025	$	(17,620)	$	2,636	$	4,738	$	(643)	$	(10,889)

December 31, 2023	$	(31,648)	$	1,711	$	(2,839)	$	(640)	$	(33,416)
Other comprehensive income or loss before reclassifications	(779)		2,895		—		—		2,116
Amounts reclassified from accumulated other comprehensive income or loss	—		(317)		(116)		101		(332)
Net current-period other comprehensive income or loss	(779)		2,578		(116)		101		1,784
June 30, 2024	$	(32,427)	$	4,289	$	(2,955)	$	(539)	$	(31,632)

The following table presents the reclassifications out of accumulated other comprehensive income or loss:


Reclassifications Out of Accumulated Other Comprehensive Income or Loss

Details about Accumulated Other Comprehensive Income or Loss Components	Amounts Reclassified from Accumulated Other Comprehensive Income or Loss			Affected Line Item in the Statement Where Net Income Is Presented

For the quarter-to-date periods ended:
June 30, 2025





Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	$	558		Interest expense
Amortization of defined benefit pension items:
Prior-service costs	(83)		(1)	Salaries and Employee Benefits
Actuarial gain	159		(1)	Salaries and Employee Benefits
	634			Total before Tax
	(163)			Provision for Income Taxes
Total reclassifications for the period	$	471		Net of Tax


June 30, 2024
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	$	215		Interest expense
Amortization of defined benefit pension items:
Prior-service costs	$	(68)	(1)	Salaries and Employee Benefits
Actuarial gain	91		(1)	Salaries and Employee Benefits
	238			Total before Tax
	(64)			Provision for Income Taxes
Total reclassifications for the period	$	174		Net of Tax

For the Year-to-date periods ended:
June 30, 2025
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	$	988		Interest expense
Amortization of defined benefit pension items:
Prior-service costs	(166)		(1)	Salaries and Employee Benefits
Actuarial gain	255		(1)	Salaries and Employee Benefits
	1,077			Total before Tax
	(277)			Provision for Income Taxes
Total reclassifications for the period	$	800		Net of Tax

June 30, 2024
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	$	428		Interest expense
Amortization of defined benefit pension items:
Prior-service costs	(137)		(1)	Salaries and Employee Benefits
Actuarial gain	157		(1)	Salaries and Employee Benefits
	448			Total before Tax
	(116)			Provision for Income Taxes
Total reclassifications for the period	$	332		Net of Tax

(1) These accumulated other comprehensive gain or loss components are included in the computation of net periodic pension cost.