| Schedule of Accumulated Other Comprehensive Income (Loss) |
The following table presents changes in accumulated other comprehensive income (loss) by component, net of tax, for the three months ended March 31, 2026, and March 31, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended March 31, 2026 | | Gains and Losses on Cash Flow Hedges | | Unrealized Gains and Losses on Available-for-Sale Securities | | Defined Benefit Pension Items | | Accumulated Other Comprehensive Income (Loss) | | Beginning Balance | $ | (64) | | | $ | (54,857) | | | $ | (4,039) | | | $ | (58,960) | | | Net unrealized gains (losses) | 1,286 | | | (9,882) | | | — | | | (8,596) | | | Less: net realized (gains) losses reclassified to earnings | (28) | | | (1,418) | | | — | | | (1,446) | | | Net change in pension plan benefits | — | | | — | | | — | | | — | | | Ending Balance | $ | 1,194 | | | $ | (66,157) | | | $ | (4,039) | | | $ | (69,002) | | | | | | | | | | | Three months ended March 31, 2025 | | Gains and Losses on Cash Flow Hedges | | Unrealized Gains and Losses on Available-for-Sale Securities | | Defined Benefit Pension Items | | Accumulated Other Comprehensive Income (Loss) | | Beginning Balance | $ | 911 | | | $ | (92,055) | | | $ | (4,576) | | | $ | (95,720) | | | Net unrealized gains (losses) | 370 | | | 7,688 | | | — | | | 8,058 | | | Less: net realized (gains) losses reclassified to earnings | (330) | | | (32) | | | — | | | (362) | | | Net change in pension plan benefits | — | | | — | | | — | | | — | | | Ending Balance | $ | 951 | | | $ | (84,399) | | | $ | (4,576) | | | $ | (88,024) | |
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| Schedule of Reclassification out of Accumulated Other Comprehensive Income (Loss) |
The following table presents amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three months ended March 31, 2026, and March 31, 2025 (in thousands). | | | | | | | | | | | | | | | | | | | | | | Details about Accumulated Other Comprehensive Income Components | | Amount Reclassified From Accumulated Other Comprehensive Income | | Affected Line Item in the Statements of Income | | Three months ended | | | March 31, 2026 | | March 31, 2025 | | | Cash flow hedges: | | | | | | | | Interest rate contracts | | $ | — | | | $ | — | | | Interest income | | Interest rate contracts | | 36 | | | 428 | | | Interest expense | | Tax effect | | (8) | | | (98) | | | Income tax expense (benefit) | | Net of tax | | $ | 28 | | | $ | 330 | | | | | | | | | | | | Available-for-sale securities: | | | | | | | | Realized gains (losses) on securities | | $ | 1,799 | | | $ | 1 | | | Net gains/(losses) on securities | | Realized gains (losses) on basis adjustment for fair value hedges | | 40 | | | 40 | | | Interest income | | Tax effect | | (421) | | | (9) | | | Income tax expense (benefit) | | Net of tax | | $ | 1,418 | | | $ | 32 | | | | | | | | | | | | Defined benefit pension plan: | | | | | | | | Amortization of actuarial gain / (loss) | | — | | | — | | | Pension and other employee benefits | | Tax effect | | — | | | — | | | Income tax expense (benefit) | | Net of tax | | $ | — | | | $ | — | | | | | | | | | | | | Total reclassifications, net of tax | | $ | 1,446 | | | $ | 362 | | | Net income |
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