| Table of Actual Regulatory Capital Amounts and Ratios |
The following table provides Trustmark’s and TB’s actual regulatory capital amounts and ratios under regulatory capital standards in effect at June 30, 2026 and December 31, 2025 ($ in thousands):
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Actual |
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Regulatory Capital |
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Minimum |
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To Be Well |
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Amount |
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Ratio |
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Requirement |
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Capitalized |
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At June 30, 2026: |
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Common Equity Tier 1 Capital (to Risk Weighted Assets) |
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Trustmark Corporation |
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$ |
1,865,035 |
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11.87 |
% |
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|
7.00 |
% |
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n/a |
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Trustmark Bank |
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1,952,935 |
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12.43 |
% |
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7.00 |
% |
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6.50 |
% |
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Tier 1 Capital (to Risk Weighted Assets) |
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Trustmark Corporation |
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$ |
1,925,035 |
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12.26 |
% |
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8.50 |
% |
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n/a |
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Trustmark Bank |
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1,952,935 |
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12.43 |
% |
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8.50 |
% |
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8.00 |
% |
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Total Capital (to Risk Weighted Assets) |
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Trustmark Corporation |
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$ |
2,272,877 |
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14.47 |
% |
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10.50 |
% |
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n/a |
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Trustmark Bank |
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2,128,658 |
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13.55 |
% |
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10.50 |
% |
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10.00 |
% |
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Tier 1 Leverage (to Average Assets) |
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Trustmark Corporation |
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$ |
1,925,035 |
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10.25 |
% |
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4.00 |
% |
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n/a |
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Trustmark Bank |
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1,952,935 |
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10.40 |
% |
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4.00 |
% |
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5.00 |
% |
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At December 31, 2025: |
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Common Equity Tier 1 Capital (to Risk Weighted Assets) |
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Trustmark Corporation |
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$ |
1,814,295 |
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11.72 |
% |
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7.00 |
% |
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n/a |
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Trustmark Bank |
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1,908,101 |
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12.33 |
% |
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7.00 |
% |
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6.50 |
% |
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Tier 1 Capital (to Risk Weighted Assets) |
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Trustmark Corporation |
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$ |
1,874,295 |
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12.11 |
% |
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8.50 |
% |
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n/a |
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Trustmark Bank |
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1,908,101 |
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12.33 |
% |
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8.50 |
% |
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8.00 |
% |
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Total Capital (to Risk Weighted Assets) |
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Trustmark Corporation |
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$ |
2,231,283 |
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14.41 |
% |
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10.50 |
% |
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n/a |
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Trustmark Bank |
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2,093,123 |
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13.52 |
% |
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10.50 |
% |
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10.00 |
% |
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Tier 1 Leverage (to Average Assets) |
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Trustmark Corporation |
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$ |
1,874,295 |
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10.18 |
% |
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4.00 |
% |
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n/a |
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Trustmark Bank |
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1,908,101 |
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10.37 |
% |
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4.00 |
% |
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5.00 |
% |
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| Net Change in Components of Accumulated Other Comprehensive Income (Loss) and the Related Tax Effects |
The following tables present the net change in the components of accumulated other comprehensive income (loss) and the related tax effects allocated to each component for the periods presented ($ in thousands).
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Three Months Ended June 30, 2026 |
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Three Months Ended June 30, 2025 |
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Before Tax
Amount |
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Tax (Expense)
Benefit |
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Net of Tax
Amount |
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Before Tax
Amount |
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Tax (Expense)
Benefit |
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Net of Tax
Amount |
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Securities available for sale and transferred
securities: |
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Net unrealized holding gains (losses) arising
during the period |
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$ |
(15,035 |
) |
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$ |
3,760 |
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$ |
(11,275 |
) |
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$ |
13,992 |
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$ |
(3,499 |
) |
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$ |
10,493 |
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Change in net unrealized holding loss on
securities transferred to held to maturity |
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2,600 |
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(650 |
) |
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1,950 |
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3,450 |
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(863 |
) |
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2,587 |
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Total securities available for sale
and transferred securities |
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(12,435 |
) |
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3,110 |
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(9,325 |
) |
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17,442 |
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(4,362 |
) |
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13,080 |
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Pension and other postretirement benefit plans: |
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Reclassification adjustments for changes
realized in net income: |
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Net change in prior service costs |
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— |
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— |
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— |
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3 |
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— |
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3 |
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Recognized net loss due to lump sum
settlements |
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(31 |
) |
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8 |
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(23 |
) |
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— |
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— |
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— |
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Change in net actuarial loss |
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73 |
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(19 |
) |
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54 |
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61 |
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(16 |
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45 |
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Total pension and other postretirement
benefit plans |
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42 |
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(11 |
) |
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31 |
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64 |
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(16 |
) |
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48 |
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Cash flow hedge derivatives: |
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Change in accumulated gain (loss) on effective
cash flow hedge derivatives |
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(8,208 |
) |
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2,052 |
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(6,156 |
) |
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4,098 |
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(1,024 |
) |
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3,074 |
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Reclassification adjustment for (gain) loss
realized in net income |
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|
805 |
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(201 |
) |
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|
604 |
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2,681 |
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(670 |
) |
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|
2,011 |
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Total cash flow hedge derivatives |
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(7,403 |
) |
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1,851 |
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(5,552 |
) |
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6,779 |
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(1,694 |
) |
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5,085 |
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Total other comprehensive income (loss) |
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$ |
(19,796 |
) |
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$ |
4,950 |
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$ |
(14,846 |
) |
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$ |
24,285 |
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$ |
(6,072 |
) |
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$ |
18,213 |
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Six Months Ended June 30, 2026 |
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Six Months Ended June 30, 2025 |
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Before Tax
Amount |
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Tax (Expense)
Benefit |
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Net of Tax
Amount |
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Before Tax
Amount |
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Tax (Expense)
Benefit |
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Net of Tax
Amount |
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Securities available for sale and transferred
securities: |
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Net unrealized holding gains (losses) arising
during the period |
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$ |
(31,721 |
) |
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$ |
7,931 |
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$ |
(23,790 |
) |
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$ |
46,591 |
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$ |
(11,648 |
) |
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$ |
34,943 |
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Change in net unrealized holding loss on
securities transferred to held to maturity |
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5,559 |
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(1,390 |
) |
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4,169 |
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6,875 |
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(1,719 |
) |
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5,156 |
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Total securities available for sale
and transferred securities |
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(26,162 |
) |
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6,541 |
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(19,621 |
) |
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53,466 |
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(13,367 |
) |
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40,099 |
|
Pension and other postretirement benefit plans: |
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Reclassification adjustments for changes
realized in net income: |
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Net change in prior service costs |
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— |
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— |
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— |
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7 |
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(1 |
) |
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6 |
|
Recognized net loss due to lump sum
settlements |
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(31 |
) |
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8 |
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(23 |
) |
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(50 |
) |
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12 |
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|
(38 |
) |
Change in net actuarial loss |
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|
158 |
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(40 |
) |
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|
118 |
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|
132 |
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(33 |
) |
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|
99 |
|
Total pension and other postretirement
benefit plans |
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|
127 |
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|
|
(32 |
) |
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|
95 |
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|
89 |
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|
(22 |
) |
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|
67 |
|
Cash flow hedge derivatives: |
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Change in accumulated gain (loss) on effective
cash flow hedge derivatives |
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|
(13,915 |
) |
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|
3,479 |
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|
|
(10,436 |
) |
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|
11,977 |
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|
(2,994 |
) |
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|
8,983 |
|
Reclassification adjustment for (gain) loss
realized in net income |
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|
1,740 |
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|
(435 |
) |
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1,305 |
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5,361 |
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(1,340 |
) |
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|
4,021 |
|
Total cash flow hedge derivatives |
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(12,175 |
) |
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|
3,044 |
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(9,131 |
) |
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|
17,338 |
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(4,334 |
) |
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|
13,004 |
|
Total other comprehensive income (loss) |
|
$ |
(38,210 |
) |
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$ |
9,553 |
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|
$ |
(28,657 |
) |
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$ |
70,893 |
|
|
$ |
(17,723 |
) |
|
$ |
53,170 |
|
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| Summary of Changes in Balances of Accumulated Other Comprehensive Income (Loss) |
The following table presents the changes in the balances of each component of accumulated other comprehensive income (loss) for the periods presented ($ in thousands). All amounts are presented net of tax.
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Securities
Available for Sale
and Transferred
Securities |
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Defined
Benefit
Pension Items |
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Cash Flow
Hedge
Derivatives |
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Total |
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Balance at January 1, 2026 |
$ |
(10,518 |
) |
|
$ |
(5,169 |
) |
|
$ |
2,062 |
|
|
$ |
(13,625 |
) |
Other comprehensive income (loss) before
reclassification |
|
(19,621 |
) |
|
|
— |
|
|
|
(10,436 |
) |
|
|
(30,057 |
) |
Amounts reclassified from accumulated other
comprehensive income (loss) |
|
— |
|
|
|
95 |
|
|
|
1,305 |
|
|
|
1,400 |
|
Net other comprehensive income (loss) |
|
(19,621 |
) |
|
|
95 |
|
|
|
(9,131 |
) |
|
|
(28,657 |
) |
Balance at June 30, 2026 |
$ |
(30,139 |
) |
|
$ |
(5,074 |
) |
|
$ |
(7,069 |
) |
|
$ |
(42,282 |
) |
|
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|
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|
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|
Balance at January 1, 2025 |
$ |
(66,885 |
) |
|
$ |
(4,721 |
) |
|
$ |
(12,053 |
) |
|
$ |
(83,659 |
) |
Other comprehensive income (loss) before
reclassification |
|
40,099 |
|
|
|
— |
|
|
|
8,983 |
|
|
|
49,082 |
|
Amounts reclassified from accumulated other
comprehensive income (loss) |
|
— |
|
|
|
67 |
|
|
|
4,021 |
|
|
|
4,088 |
|
Net other comprehensive income (loss) |
|
40,099 |
|
|
|
67 |
|
|
|
13,004 |
|
|
|
53,170 |
|
Balance at June 30, 2025 |
$ |
(26,786 |
) |
|
$ |
(4,654 |
) |
|
$ |
951 |
|
|
$ |
(30,489 |
) |
|