v3.26.1
Accumulated Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jun. 30, 2026
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income (Loss) Balances, Net of Tax
The following is a summary of the accumulated other comprehensive income (loss) balances, net of tax:

   
Three months ended June 30, 2026
  
(dollars in thousands)
  
Balance at
4/1/2026
    
Other
Comprehensive
loss-Before
Reclassifications
    
Amount
reclassified
from Accumulated
other Comprehensive
Income
    
Other
Comprehensive loss-
Three months ended
6/30/2026
    
Balance at
6/30/2026
  
                               
Net unrealized holding loss on securities available for sale, net of tax
  
$
(13,321
)
  
$
(734
)
  
$
-
    
$
(734
)
  
$
(14,055
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
26,962
      
-
      
-
      
-
      
26,962
  
Net change in net actuarial gain and prior service cost on pension and postretirement benefit plans, net of tax
    
(5,400
)
    
-
      
(540
)
    
(540
)
    
(5,940
)
                                         
Accumulated other comprehensive income (loss), net of tax
  
$
8,241
    
$
(734
)
  
$
(540
)
  
$
(1,274
)
  
$
6,967
  

   
Three months ended June 30, 2025
  
(dollars in thousands)
  
Balance at
4/1/2025

Other
Comprehensive
loss-Before
Reclassifications

Amount
reclassified
from Accumulated
other Comprehensive
Income

Other Comprehensive
income-
Three months ended
6/30/2025


Balance at
6/30/2025
  
                               
Net unrealized holding loss on securities available for sale, net of tax
  
$
(17,765
)
  
$
2,336
    
$
-
    
$
2,336
    
$
(15,429
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
21,266
      
-
      
-
      
-
      
21,266
  
Net change in net actuarial gain and prior service cost on pension and postretirement benefit plans, net of tax
    
(3,633
)
    
-
      
(541
)
    
(541
)
    
(4,174
)
                                         
Accumulated other comprehensive (loss) income, net of tax
  
$
(132
)
  
$
2,336
    
$
(541
)
  
$
1,795
    
$
1,663
  

   
Six months ended June 30, 2026
  
(dollars in thousands)
    
Balance at
1/1/2026
    
Other
Comprehensive
loss-Before
Reclassifications
    
Amount
reclassified
from Accumulated
Other Comprehensive
Income		    
Other Comprehensive
loss-
Six months ended
6/30/2026		      
Balance at
6/30/2026
  
Net unrealized holding loss on securities available for sale, net of tax
  
$
(12,055
)
  
$
(2,000
)
    
-
    
$
(2,000
)
  
$
(14,055
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
26,962
      
-
      
-
      
-
      
26,962
  
Net change in net actuarial gain and prior service cost on pension and postretirement benefit plans, net of tax
    
(4,883
)
    
-
      
(1,057
)
    
(1,057
)
    
(5,940
)
                                         
Accumulated other comprehensive income (loss), net of tax
  
$
10,024
    
$
(2,000
)
  
$
(1,057
)
  
$
(3,057
)
  
$
6,967
  

   
Six months ended June 30, 2025
  
(dollars in thousands)
  
Balance at
1/1/2025
    
Other
Comprehensive
income-Before
Reclassifications
    
Amount
reclassified
from Accumulated
Other Comprehensive
Income
    
Other Comprehensive
income-
Six months ended
6/30/2025
    
Balance at
6/30/2025
  
                               
Net unrealized holding loss on securities available for sale, net of tax
  
$
(21,713
)
  
$
6,284
    
$
-
    
$
6,284
    
$
(15,429
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
21,266
      
-
      
-
      
-
      
21,266
  
Net change in net actuarial gain and prior service credit on pension and postretirement benefit plans, net of tax
    
(3,414
)
    
-
      
(760
)
    
(760
)
    
(4,174
)
                                         
Accumulated other comprehensive (loss) income, net of tax
  
$
(3,861
)
  
$
6,284
    
$
(760
)
  
$
5,524
    
$
1,663
  
Reclassifications out of Accumulated Other Comprehensive Income (Loss)
The following represents the reclassifications out of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2026 and 2025:

(dollars in thousands)
 
Three months ended
June 30,

Six months ended
June 30,
 
 
 
  
2026
    
2025
    
2026
    
2025
  
Affected Line Item in Financial Statements
Amortization of pension and postretirement benefit items:
                        
     
Amortization of net actuarial gain
  
$
733
    
$
737
    
$
1,434
    
$
1,034
  
Salaries and employee benefits
Amortization of prior service cost
    
(3
)
    
(4
)
    
(6
)
    
(7
)
Salaries and employee benefits
Income tax benefit
    
(190
)
    
(192
)
    
(371
)
    
(267
)
Income taxes
Net of tax
    
540
      
541
      
1,057
      
760
  
 
 
                                
      
Total reclassifications, net of tax
  
$
540
    
$
541
    
$
1,057
    
$
760