| Schedule of components of accumulated other comprehensive income (losses), net of tax |
The changes in each component of accumulated other comprehensive income (losses), net of tax, for the three and nine months ended September 30, 2026 and 2025, were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands) |
|
Benefit Plans |
|
|
Unrealized Losses
on Securities
Available for Sale |
|
|
Total |
|
|
Three Months Ended September 30, 2026 |
|
|
|
|
|
|
|
|
|
|
Balance at June 30, 2026 |
|
$ |
565 |
|
|
$ |
(310,700 |
) |
|
$ |
(310,135 |
) |
|
Other comprehensive loss before reclassifications |
|
|
— |
|
|
|
(229,475 |
) |
|
|
(229,475 |
) |
|
Net comprehensive loss |
|
|
— |
|
|
|
(229,475 |
) |
|
|
(229,475 |
) |
|
Balance at September 30, 2026 |
|
$ |
565 |
|
|
$ |
(540,175 |
) |
|
$ |
(539,610 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2025 |
|
|
|
|
|
|
|
|
|
|
Balance at June 30, 2025 |
|
$ |
578 |
|
|
$ |
(372,687 |
) |
|
$ |
(372,109 |
) |
|
Other comprehensive income before reclassifications |
|
|
— |
|
|
|
56,097 |
|
|
|
56,097 |
|
|
Net comprehensive income |
|
|
— |
|
|
|
56,097 |
|
|
|
56,097 |
|
|
Balance at September 30, 2025 |
|
$ |
578 |
|
|
$ |
(316,590 |
) |
|
$ |
(316,012 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2026 |
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2025 |
|
$ |
565 |
|
|
$ |
(283,946 |
) |
|
$ |
(283,381 |
) |
|
Other comprehensive loss before reclassifications |
|
|
— |
|
|
|
(256,229 |
) |
|
|
(256,229 |
) |
|
Net comprehensive loss |
|
|
— |
|
|
|
(256,229 |
) |
|
|
(256,229 |
) |
|
Nine Months Ended September 30, 2026 |
|
$ |
565 |
|
|
$ |
(540,175 |
) |
|
$ |
(539,610 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2025 |
|
|
|
|
|
|
|
|
|
|
Balance at December 31, 2024 |
|
$ |
578 |
|
|
$ |
(607,499 |
) |
|
$ |
(606,921 |
) |
|
Other comprehensive income before reclassifications |
|
|
— |
|
|
|
117,241 |
|
|
|
117,241 |
|
|
Amounts reclassified from accumulated other comprehensive loss |
|
|
— |
|
|
|
173,668 |
|
|
|
173,668 |
|
|
Net comprehensive income |
|
|
— |
|
|
|
290,909 |
|
|
|
290,909 |
|
|
Balance at September 30, 2025 |
|
$ |
578 |
|
|
$ |
(316,590 |
) |
|
$ |
(316,012 |
) |
|
|
| Schedule of reclassifications out of accumulated other comprehensive income (losses), net of tax |
The table below presents the reclassifications out of accumulated other comprehensive income (loss), net of tax:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amount Reclassified from Other Comprehensive Income (Loss) |
|
|
Amount Reclassified from Other Comprehensive Income (Loss) |
|
|
|
|
(Dollars in thousands) |
|
For the Three Months Ended September 30, |
|
|
For the Nine Months Ended September 30, |
|
|
|
|
Accumulated Other Comprehensive Loss Component |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
|
Income Statement
Line Item Affected |
|
Loss on sale of available for sale securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
228,811 |
|
|
Securities losses, net |
|
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(55,143 |
) |
|
Provision for income taxes |
|
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
173,668 |
|
|
Net income |
|
Total reclassifications for the period |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
173,668 |
|
|
|
|
|