| Schedule of of Comprehensive Income (Loss) |
The following tables present a reconciliation of the changes in the components of other comprehensive income and loss for the periods indicated, including the amount of tax (expense) benefit allocated to each component: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended | | | | March 31, 2026 | | March 31, 2025 | | | (In thousands) | | Pre-Tax
Amount | | Tax (Expense)
Benefit | | After-Tax
Amount | | Pre-Tax
Amount | | Tax (Expense)
Benefit | | After-Tax
Amount | | | Debt Securities: | | | | | | | | | | | | | | | Change in fair value | | $ | (2,566) | | | $ | 584 | | | $ | (1,982) | | | $ | 17,239 | | | $ | (3,975) | | | $ | 13,264 | | | Less: reclassification adjustment for amortization of securities transferred from AFS to HTM | | (1,614) | | | 368 | | | (1,246) | | | (1,524) | | | 386 | | | (1,138) | | | | | | | | | | | | | | | | | | Net change in fair value | | (952) | | | 216 | | | (736) | | | 18,763 | | | (4,361) | | | 14,402 | | | | Cash Flow Hedges: | | | | | | | | | | | | | | | Change in fair value | | 1,013 | | | (231) | | | 782 | | | (1,861) | | | 424 | | | (1,437) | | | Less: reclassified AOCI gain into interest expense(1) | | 282 | | | (64) | | | 218 | | | 736 | | | (168) | | | 568 | | | | | | | | | | | | | | | | | | Net change in fair value | | 731 | | | (167) | | | 564 | | | (2,597) | | | 592 | | | (2,005) | | | | Postretirement Plans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortization of settlement recognition of net loss and prior service credit(2) | | (14) | | | 3 | | | (11) | | | (8) | | | 2 | | | (6) | | | Other comprehensive income | | $ | (235) | | | $ | 52 | | | $ | (183) | | | $ | 16,158 | | | $ | (3,767) | | | $ | 12,391 | | |
(1) Reclassified into interest on borrowings and/or junior subordinated debentures on the consolidated statements of income. Refer to Note 8 of the consolidated financial statements for further details. (2) Reclassified into other expenses on the consolidated statements of income.
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| Schedule of Accumulated Other Comprehensive Income (Loss) |
The following table presents the changes in each component of AOCI, after tax, for the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | | Net Unrealized Gains (Losses) on Debt Securities(1) | | Net Unrealized Gains (Losses) on Cash Flow Hedges(1) | | Defined Benefit Postretirement Plans(1) | | AOCI(1) | As of or For the Three Months Ended March 31, 2026 | | | | | | | | | Balance at December 31, 2025 | | $ | (70,405) | | | $ | 5,478 | | | $ | 539 | | | $ | (64,388) | | Other comprehensive (loss) income before reclassifications | | (1,982) | | | 782 | | | — | | | (1,200) | | | Less: Amounts reclassified from AOCI | | (1,246) | | | 218 | | | 11 | | | (1,017) | | Other comprehensive (loss) income | | (736) | | | 564 | | | (11) | | | (183) | | Balance at March 31, 2026 | | $ | (71,141) | | | $ | 6,042 | | | $ | 528 | | | $ | (64,571) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of or For the Three Months Ended March 31, 2025 | | | | | | | | | Balance at December 31, 2024 | | $ | (104,015) | | | $ | 8,958 | | | $ | 411 | | | $ | (94,646) | | Other comprehensive income (loss) before reclassifications | | 13,264 | | | (1,437) | | | — | | | 11,827 | | | Less: Amounts reclassified from AOCI | | (1,138) | | | 568 | | | 6 | | | (564) | | Other comprehensive income (loss) | | 14,402 | | | (2,005) | | | (6) | | | 12,391 | | Balance at March 31, 2025 | | $ | (89,613) | | | $ | 6,953 | | | $ | 405 | | | $ | (82,255) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(1) All amounts are net of tax.
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