The following table provides changes in the balances of each component of accumulated other comprehensive income, net of tax, for the three-month periods ended March 31, 2026 and 2025:
| | | | | | | | | | | | | | | | | | Three Months Ended
March 31, 2026 (in thousands) | Unrealized Gains and
Losses
On Available-for-Sale
Securities | | Postretirement
Benefits Plans | | Total | | Beginning balance at December 31, 2025 | $ | 992 | | | $ | 99 | | | $ | 1,091 | | | Other comprehensive (loss) income before calculations | (722) | | | 22 | | | (700) | | Amounts reclassified from accumulated other comprehensive income | (28) | | | — | | | (28) | | | Net current-period other comprehensive (loss) income | (750) | | | 22 | | | (728) | | | Ending balance | $ | 242 | | | $ | 121 | | | $ | 363 | |
| | | | | | | | | | | | | | | | | | Three Months Ended
March 31, 2025 (in thousands) | Unrealized Gains and
Losses
On Available-for-Sale
Securities | | Postretirement
Benefits Plans | | Total | | Beginning balance at December 31, 2024 | $ | 300 | | | $ | 55 | | | $ | 355 | | | Other comprehensive income before calculations | 177 | | | 56 | | | 233 | | Amounts reclassified from accumulated other comprehensive income | (3) | | | — | | | (3) | | | Net current-period other comprehensive income | 174 | | | 56 | | | 230 | | Ending balance | $ | 474 | | | $ | 111 | | | $ | 585 | |
The following table provides significant amounts reclassified out of each component of accumulated other comprehensive income for the three-month periods ended March 31, 2026 and 2025:
| | | | | | | | | | | | Three Months Ended
March 31, 2026 (in thousands) | | | | Details about Accumulated Other Comprehensive Income Components | Amount Reclassified from Accumulated Other Comprehensive Income | | Affected Line Item in the Consolidated Statements of Operations | | Unrealized gains and losses on available-for-sale securities: | | | | | Net realized gain on investments | $ | 34 | | | | | Write-down of securities | — | | | | | Total | $ | 34 | | | Net investment gains (losses) | | Tax | (6) | | | Provision for income taxes | | Net of Tax | $ | 28 | | | | | Reclassifications for the period | $ | 28 | | | |
| | | | | | | | | | | | Three Months Ended
March 31, 2025 (in thousands) | | | | Details about Accumulated Other Comprehensive Income Components | Amount Reclassified from Accumulated Other Comprehensive Income | | Affected Line Item in the Consolidated Statements of Operations | | Unrealized gains and losses on available-for-sale securities: | | | | | Net realized gain on investments | $ | 3 | | | | | Write-down of securities | — | | | | | Total | $ | 3 | | | Net investment gains (losses) | | Tax | — | | | Provision for income taxes | | Net of Tax | $ | 3 | | | | | Reclassifications for the period | $ | 3 | | | |
|