v3.26.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Pension and other post-retirement obligations:          
Amortization of actuarial losses (gains) included in net periodic pension cost, gross $ 4 $ (50) $ 10 $ (101)  
Tax effect (1) 12 (3) 25  
Amortization of actuarial losses (gains) included in net periodic pension cost, net 3 (38) 7 (76)  
Amortization of prior service cost included in net periodic pension cost, gross 87 112 172 224  
Tax effect (22) (28) (43) (56)  
Amortization of prior service cost included in net periodic pension cost, net 65 84 129 168  
Other comprehensive income related to pension and other post-retirement obligations, net of taxes 68 46 136 92  
Net unrealized holding (losses) gains on investment securities:          
Net unrealized holding (losses) gains on investment securities, gross 10,975 24,307 5,531 81,534  
Tax effect (2,773) (6,074) (1,398) (20,376)  
Other comprehensive gain (loss) related to unrealized gains on investment securities, net of taxes 8,202 18,233 4,133 61,158  
Derivatives designated as hedging instruments:          
Net unrealized losses on cash flow hedges, gross (2,719) 0 (4,111) 0  
Tax effect 683 0 1,035 0  
Net unrealized losses on cash flow hedges, net (2,036) 0 (3,076) 0  
Reclassification adjustment for realized losses included in net income on cash flow hedges, gross 175 0 227 0  
Tax effect (44) 0 (57) 0  
Reclassification adjustment for realized losses included in net income on cash flow hedges, net of taxes 131 0 170 0  
Other comprehensive loss related to cash flow hedges, net of taxes (1,905) 0 (2,906) 0  
Other comprehensive (loss) income, net of taxes 6,365 18,279 1,363 61,250  
Net income 61,334 51,331 118,552 100,945  
Comprehensive income 67,699 $ 69,610 119,915 $ 162,195  
Accumulated Other Comprehensive Loss by Component:          
Unrecognized prior service cost and net actuarial losses on pension and other post-retirement obligations (8,370)   (8,370)   $ (8,552)
Tax effect 1,982   1,982   2,028
Net unrecognized prior service cost and net actuarial losses on pension and other post-retirement obligations (6,388)   (6,388)   (6,524)
Unrealized loss on investment securities (537,193)   (537,193)   (542,724)
Tax effect 128,860   128,860   130,258
Net unrealized loss on investment securities (408,333)   (408,333)   (412,466)
Unrealized loss on cash flow hedges (3,884)   (3,884)   0
Tax effect 978   978   0
Net unrealized loss on cash flow hedges (2,906)   (2,906)   0
Accumulated other comprehensive loss $ (417,627)   $ (417,627)   $ (418,990)