v3.26.1
Comprehensive (Loss) Income (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Summary of Components of Other Comprehensive Income and Related Tax Effects
The components of OCI and related tax effects are as follows:
Three months ended June 30,Six months ended June 30,
(in thousands)2026202520262025
Unrealized holding (losses) gains on available for sale securities before reclassifications$(3,604)$12,792 $(10,183)$43,018 
Amounts reclassified out of AOCI:
Realized gain (loss) on debt securities— (4)(17)1,142 
Total amounts reclassified out of accumulated other comprehensive income (loss)— (4)(17)1,142 
Unrealized holding (losses) gains on available for sale securities after reclassifications(3,604)12,788 (10,200)44,160 
Tax effect1,065 (3,780)3,016 (13,054)
Unrealized holding (losses) gains on available for sale securities, net of tax(2,539)9,008 (7,184)31,106 
Change in unfunded status of the supplemental retirement plans before reclassifications174 164 348 328 
Amounts reclassified out of AOCI:
Amortization of actuarial losses(174)(164)(348)(328)
Total amounts reclassified out of accumulated other comprehensive loss(174)(164)(348)(328)
Total other comprehensive (loss) income$(2,539)$9,008 $(7,184)$31,106 
Summary of Components of Accumulated Other Comprehensive Income (Loss)
The components of AOCI, included in shareholders’ equity, are as follows:
(in thousands)June 30,
2026		December 31,
2025
Net unrealized loss on available for sale securities$(161,681)$(151,481)
Tax effect47,799 44,783 
Unrealized holding loss on available for sale securities, net of tax(113,882)(106,698)
Unfunded status of the supplemental retirement plans16,129 16,129 
Tax effect(4,768)(4,768)
Unfunded status of the supplemental retirement plans, net of tax11,361 11,361 
Joint beneficiary agreement liability732 732 
Tax effect— — 
Joint beneficiary agreement liability, net of tax732 732 
Accumulated other comprehensive loss $(101,789)$(94,605)