Shareholders’ equity is affected by transactions and valuations of asset and liability positions that require adjustments to accumulated other comprehensive income (loss). The following table summarizes the changes within each classification of AOCI:


	Three months ended March 31, 2026
	Total other comprehensive income (loss)										Total accumulated other comprehensive income (loss)
(Dollars in thousands)	Prior to reclass		Reclass from		Pre-tax		Tax effect		Net of tax		Beginning balance		Net activity		Ending balance
Unrealized gain (loss) on debt securities	$	(36,491)	$	(1,022)	$	(35,469)	$	7,813	$	(27,656)	$	(163,923)	$	(27,656)	$	(191,579)
Unrealized gain (loss) on derivatives	(265)		(199)		(66)		15		(51)		94		(51)		43
Retirement obligation	0		(525)		525		(121)		404		(25,069)		404		(24,665)
Foreign currency translation	(185)		0		(185)		0		(185)		(1,044)		(185)		(1,229)
Total	$	(36,941)	$	(1,746)	$	(35,195)	$	7,707	$	(27,488)	$	(189,942)	$	(27,488)	$	(217,430)


	Three months ended March 31, 2025
	Total other comprehensive income (loss)										Total accumulated other comprehensive income (loss)
(Dollars in thousands)	Prior to reclass		Reclass from		Pre-tax		Tax effect		Net of tax		Beginning balance		Net activity		Ending balance
Unrealized gain (loss) on debt securities	$	33,525	$	(9,913)	$	43,438	$	(9,568)	$	33,870	$	(256,514)	$	33,870	$	(222,644)
Unrealized gain (loss) on derivatives	1,825		(199)		2,024		(468)		1,556		(1,176)		1,556		380
Retirement obligation	0		(625)		625		(145)		480		(30,480)		480		(30,000)
Foreign currency translation	5		0		5		0		5		(1,629)		5		(1,624)
Total	$	35,355	$	(10,737)	$	46,092	$	(10,181)	$	35,911	$	(289,799)	$	35,911	$	(253,888)

The following table presents the activity reclassified from accumulated other comprehensive income into income during the three month periods ended March 31, 2026 and 2025, respectively:


		Amount reclassified from accumulated other comprehensive income (loss)
	Three months ended
	March 31,
(Dollars in thousands)		2026		2025		Affected Line Item in the Consolidated Statements of Income
Gains and losses on cash flow hedges
Interest rate contracts		$	(199)	$	(199)	Interest income - Loans and leases, including fees
Realized gain (loss) on securities available-for-sale		(1,022)		(9,913)		Net gain (loss) on investments securities



Recognized net actuarial loss on defined benefit pension plan (1)		(525)		(625)		Other noninterest expense
Total reclassifications for the period, before tax		$	(1,746)	$	(10,737)