Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Other Comprehensive Income (Loss)

The following tables present the components of other comprehensive income (loss), both gross and net of tax, for the three months ended March 31, 2026 and 2025:


	For the Three Months Ended March 31,
	2026						2025
	Before Tax		Tax Effect		After Tax		Before Tax		Tax Effect		After Tax
	(In thousands)
Components of other comprehensive income (loss):
Unrealized (loss) gain on debt securities available for sale:	$	(4,844)	$	1,344	$	(3,500)	$	15,884	$	(4,420)	$	11,464
Accretion of unrealized gain (loss) on debt securities reclassified as held to maturity	7		(2)		5		(13)		4		(9)

	(4,837)		1,342		(3,495)		15,871		(4,416)		11,455
Derivatives:
Unrealized gain (loss) on swap contracts accounted for as cash flow hedges	2,140		(594)		1,546		(2,966)		825		(2,141)
	2,140		(594)		1,546		(2,966)		825		(2,141)

Employee benefit plans:
Amortization of prior service cost included in net income	(31)		9		(22)		(34)		9		(25)
Reclassification adjustment of actuarial net gain included in net income	1		(1)		—		23		(6)		17
Change in funded status of retirement obligations	41		(11)		30		16		(4)		12
	11		(3)		8		5		(1)		4
Total other comprehensive income (loss)	$	(2,686)	$	745	$	(1,941)	$	12,910	$	(3,592)	$	9,318

Components of Other Comprehensive Income (Loss)

The following tables present the changes in the components of accumulated other comprehensive income (loss), net of tax, for the three months ended March 31, 2026 and 2025:


	For the Three Months Ended March 31,
	2026								2025
	Unrealized (Losses) on Debt Securities Available for Sale		Unrealized (Losses) on Swaps		Employee Benefit Plans		Accumulated Other Comprehensive (Loss)		Unrealized (Losses) on Debt Securities Available for Sale		Unrealized Gains on Swaps		Employee Benefit Plans		Accumulated Other Comprehensive (Loss)
	(In thousands)

Balance at beginning of period	$	(56,808)	$	(1,908)	$	(17,256)	$	(75,972)	$	(83,523)	$	1,365	$	(28,210)	$	(110,368)
Current period changes in other comprehensive income (loss)	(3,495)		1,546		8		(1,941)		11,455		(2,141)		4		9,318
Total other comprehensive income (loss)	$	(60,303)	$	(362)	$	(17,248)	$	(77,913)	$	(72,068)	$	(776)	$	(28,206)	$	(101,050)

Reclassification out of AOCI

The following tables reflect amounts reclassified from accumulated other comprehensive income (loss) to the Consolidated Statements of Income and the affected line item in the statement where net income is presented for the three months ended March 31, 2026 and 2025:


	Accumulated Other Comprehensive Income (Loss) Components
	For the Three Months Ended March 31,				Affected Line Items in the Consolidated Statements of Income
	2026		2025
	(In thousands)


Reclassification adjustment of actuarial net gain included in net income	$	1	$	23	Other non-interest expense

Income tax expense	(1)		(6)
Net of tax	$	—	$	17