Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2026

11. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes the changes in accumulated other comprehensive income (loss) by component, net of tax, for the periods indicated:


	Three Months Ended March 31,
	Unrealized holding gains (losses) on AFS securities		Unrealized holding gains (losses) on SERP		Unrealized holding gains (losses) on junior subordinated debt		Total
	(in millions)
Balance, December 31, 2025	$	(340.7)	$	—	$	(3.5)	$	(344.2)
Other comprehensive (loss) income before reclassifications	(74.2)		(0.3)		1.0		(73.5)
Amounts reclassified from AOCI	(37.8)		—		—		(37.8)
Net current-period other comprehensive (loss) income	(112.0)		(0.3)		1.0		(111.3)
Balance, March 31, 2026	$	(452.7)	$	(0.3)	$	(2.5)	$	(455.5)

Balance, December 31, 2024	$	(534.7)	$	(0.4)	$	1.4	$	(533.7)
Other comprehensive income before reclassifications	55.7		—		1.1		56.8
Amounts reclassified from AOCI	(1.6)		—		—		(1.6)
Net current-period other comprehensive income	54.1		—		1.1		55.2
Balance, March 31, 2025	$	(480.6)	$	(0.4)	$	2.5	$	(478.5)