v3.26.1
Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss
The following tables present the after-tax changes in the balances of each component of accumulated other comprehensive loss for the three and six months ended June 30, 2026 and 2025:
Components of Accumulated Other Comprehensive LossTotal
Accumulated
Other
Comprehensive
Loss
Unrealized Gains
and Losses on
AFS Securities
Unrealized Gains
and Losses on
Derivatives
Defined Benefit
Pension and Postretirement Benefit Plans
(in thousands)
March 31, 2026$(87,665)$297 $(10,235)$(97,603)
Other comprehensive (loss) gain before reclassification (4,031)— 2,299 (1,732)
Amounts reclassified to earnings— (125)(157)(282)
Other comprehensive (loss) income, net(4,031)(125)2,142 (2,014)
June 30, 2026$(91,696)$172 $(8,093)$(99,617)
March 31, 2025$(106,686)$1,027 $(22,593)$(128,252)
Other comprehensive income before reclassification8,496 — — 8,496 
Amounts reclassified to earnings— (221)88 (133)
Other comprehensive income (loss), net8,496 (221)88 8,363 
June 30, 2025$(98,190)$806 $(22,505)$(119,889)
Components of Accumulated Other Comprehensive LossTotal
Accumulated
Other
Comprehensive
Loss
Unrealized Gains
and Losses on
AFS Securities
Unrealized Gains
and Losses on
Derivatives
Defined Benefit
Pension and Postretirement Benefit Plans
(in thousands)
December 31, 2025$(64,553)$420 $(10,246)$(74,379)
Other comprehensive (loss) gain before reclassification(27,136)— 2,299 (24,837)
Amounts reclassified to earnings(7)(248)(146)(401)
Other comprehensive (loss) income, net(27,143)(248)2,153 (25,238)
June 30, 2026$(91,696)$172 $(8,093)$(99,617)
December 31, 2024$(133,898)$1,245 $(22,681)$(155,334)
Other comprehensive income before reclassification35,708 — — 35,708 
Amounts reclassified to earnings— (439)176 (263)
Other comprehensive income (loss), net35,708 (439)176 35,445 
June 30, 2025$(98,190)$806 $(22,505)$(119,889)
Reclassification from Each Component of Accumulated Other Comprehensive Loss
The following table presents amounts reclassified from each component of accumulated other comprehensive loss on a gross and net of tax basis for the three and six months ended June 30, 2026 and 2025:
Amounts Reclassified from
Accumulated Other Comprehensive Loss
Three Months Ended
June 30,
Six Months Ended
June 30,
Components of Accumulated Other Comprehensive Loss2026202520262025Income Statement Line Item
(in thousands)
Unrealized gains on AFS securities before tax$— $— $10 $— Gains (losses) on securities transactions, net
Tax effect— — (3)— 
Total net of tax— — — 
Unrealized gains on derivatives (cash flow hedges) before tax173 304 344 605 Interest and fees on loans
Tax effect(48)(83)(96)(166)
Total net of tax125 221 248 439 
Defined benefit pension and postretirement benefit plans:
Pension settlement gain234 — 234 — Other non-interest expense
Tax effect(65)— (65)— 
Total net of tax169 — 169 — 
Amortization of actuarial net losses(16)(121)(31)(242)Other non-interest expense
Tax effect33 66 
Total net of tax(12)(88)(23)(176)
Total reclassifications, net of tax$282 $133 $401 $263