v3.26.1
Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2026
Statement of Comprehensive Income [Abstract]  
Other Comprehensive Income (Loss) Accumulated Other Comprehensive Loss
Other comprehensive income (loss) components, net of tax, are shown in the following table for the three-month and six-month periods ended June 30, 2026 and 2025:


(in thousands)
Changes in pension plan assets and benefit obligationsUnrealized (losses) gains on debt securities AFSTotal
Beginning balance at April 1, 2026$19,607 $(28,161)$(8,554)
Other comprehensive loss before reclassifications (8,347)(8,347)
Net current period other comprehensive loss (8,347)(8,347)
Ending balance at June 30, 2026$19,607 $(36,508)$(16,901)
Beginning balance at April 1, 2025$16,754 $(51,413)$(34,659)
Other comprehensive income before reclassifications — 3,152 3,152 
Net current period other comprehensive income— 3,152 3,152 
Ending balance at June 30, 2025$16,754 $(48,261)$(31,507)

(in thousands)
Changes in pension plan assets and benefit obligationsUnrealized (losses) gains on debt securities AFSTotal
Beginning balance at January 1, 2026$19,607 $(32,346)$(12,739)
Other comprehensive loss before reclassifications (3,306)(3,306)
Amounts reclassified from accumulated other comprehensive loss (856)(856)
Net current period other comprehensive loss (4,162)(4,162)
Ending balance at June 30, 2026$19,607 $(36,508)$(16,901)
Beginning balance at January 1, 2025$16,754 $(62,929)$(46,175)
Other comprehensive income before reclassifications — 14,668 14,668 
Net current period other comprehensive income— 14,668 14,668 
Ending balance at June 30, 2025$16,754 $(48,261)$(31,507)

The following table provides information concerning amounts reclassified out of accumulated other comprehensive loss for the three-month and six-month periods ended June 30, 2026 and 2025:

Three Months Ended
June 30,
Six Months Ended
June 30,
(In thousands)2026202520262025Affected Line Item in the Consolidated Condensed Statements of Income
Unrealized losses on AFS debt securities
Net gain on the sale of debt securities$ $— $(1,084)$— Gain on the sale of debt securities, net
Income before income taxes — (1,084)— Income before income taxes
Income tax effect — (228)— Income taxes
  Net of income tax benefit$ $ $(856)$ Net income