| Schedule of Component of Accumulated Other Comprehensive (Loss) |
The following tables summarize the change in each component of accumulated other comprehensive (loss), net of the related tax impact: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, 2026 | | Six months ended June 30, 2026 | | (In thousands) | Investment Securities Available-
for-Sale | Derivative
Financial Instruments | Defined Benefit Pension and Other Postretirement Benefit Plans | Total | | Investment Securities Available-for-Sale | Derivative Financial Instruments | Defined Benefit Pension and Other Postretirement Benefit Plans | Total | | Balance, beginning of period | $ | (408,728) | | $ | (1,391) | | $ | (20,430) | | $ | (430,549) | | | $ | (334,113) | | $ | 3,741 | | $ | (20,472) | | $ | (350,844) | | | Other comprehensive (loss) before reclassifications | (11,246) | | (5,733) | | — | | (16,979) | | | (85,861) | | (10,620) | | — | | (96,481) | | | Amounts reclassified from accumulated other comprehensive (loss) income | — | | (232) | | 41 | | (191) | | | — | | (477) | | 83 | | (394) | | | Other comprehensive (loss) income, net of tax | (11,246) | | (5,965) | | 41 | | (17,170) | | | (85,861) | | (11,097) | | 83 | | (96,875) | | | Balance, end of period | $ | (419,974) | | $ | (7,356) | | $ | (20,389) | | $ | (447,719) | | | $ | (419,974) | | $ | (7,356) | | $ | (20,389) | | $ | (447,719) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, 2025 | | Six months ended June 30, 2025 | | (In thousands) | Investment Securities Available-
for-Sale | Derivative
Financial Instruments | Defined Benefit Pension and Other Postretirement Benefit Plans | Total | | Investment Securities Available-for-Sale | Derivative Financial Instruments | Defined Benefit Pension and Other Postretirement Benefit Plans | Total | | Balance, beginning of period | $ | (423,737) | | $ | 524 | | $ | (26,188) | | $ | (449,401) | | | $ | (520,318) | | $ | (9,600) | | $ | (26,465) | | $ | (556,383) | | | Other comprehensive income before reclassifications | 8,858 | | 44 | | — | | 8,902 | | | 105,824 | | 7,796 | | — | | 113,620 | | | Amounts reclassified from accumulated other comprehensive (loss) income | — | | 1,960 | | 277 | | 2,237 | | | (385) | | 4,332 | | 554 | | 4,501 | | | Other comprehensive income, net of tax | 8,858 | | 2,004 | | 277 | | 11,139 | | | 105,439 | | 12,128 | | 554 | | 118,121 | | | Balance, end of period | $ | (414,879) | | $ | 2,528 | | $ | (25,911) | | $ | (438,262) | | | $ | (414,879) | | $ | 2,528 | | $ | (25,911) | | $ | (438,262) | |
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| Schedule of Accumulated Other Comprehensive (Loss) |
The following table further summarizes the amounts reclassified from accumulated other comprehensive (loss): | | | | | | | | | | | | | | | | | | | | | | | | | | | Accumulated Other Comprehensive
(Loss) Components | Three months ended | | Six months ended | Associated Line Item on the Condensed Consolidated Statements of Income | | June 30, | | June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | (In thousands) | | | | | | | | | | Investment securities available-for-sale: | | | | | | | | | Net gains (1) | $ | — | | | $ | — | | | $ | — | | | $ | 528 | | Gain on sale of investment securities, net (2) | | | | | | | | | | | | | | | | | | | | Tax (expense) | — | | | — | | | — | | | (143) | | Income tax expense | | Net of tax | $ | — | | | $ | — | | | $ | — | | | $ | 385 | | | | Derivative financial instruments: | | | | | | | | | Interest payments (3) | $ | 320 | | | $ | (2,689) | | | $ | 656 | | | $ | (5,944) | | Interest and fees on loans and leases | | | | | | | | | | | | | | | | | | | | Tax (expense) benefit | (88) | | | 729 | | | (179) | | | 1,612 | | Income tax expense | | Net of tax | $ | 232 | | | $ | (1,960) | | | $ | 477 | | | $ | (4,332) | | | | Defined benefit pension and other postretirement benefit plans: | | | | | | | | | | Net actuarial (losses) | $ | (57) | | | $ | (380) | | | $ | (115) | | | $ | (760) | | Other expense | | | | | | | | | | | Tax benefit | 16 | | | 103 | | | 32 | | | 206 | | Income tax expense | | Net of tax | $ | (41) | | | $ | (277) | | | $ | (83) | | | $ | (554) | | |
(1)Reclassification adjustments for investment securities available-for-sale that were sold are determined by reference to the unrealized gain or loss reported in the month prior to sale. (2)Gains and losses realized on sales of investment securities available-for-sale are generally included as a component of non-interest income on the accompanying Condensed Consolidated Statements of Income unless any portion or all of the loss is due to credit related factors, in which the amount is then included in the Provision for credit losses. None of the gross losses realized on sale of available-for-sale securities during the six months ended June 30, 2025, were due to credit related factors. (3)Over the next 12 months, an estimated $5.5 million related to cash flow hedge gain or loss will be reclassified from AOCL, decreasing Interest and fees on loans and leases as hedge interest payments are made.
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