Accumulated Other Comprehensive (Loss) Income

3 Months Ended

Mar. 31, 2025

Accumulated Other Comprehensive (Loss) Income

The following table shows the components of accumulated other comprehensive (loss) income, net of taxes, for the periods presented:


(Dollars in thousands)	Net Unrealized Losses on Available-for-Sale Investment Securities		Net Change Related to Derivatives Used for Cash Flow Hedges		Net Change Related to Defined Benefit Pension Plans		Accumulated Other Comprehensive Loss
Balance, December 31, 2024	$	(35,117)	$	(2,422)	$	(6,453)	$	(43,992)
Other comprehensive income	5,583		1,397		41		5,624
Reclassification adjustment recorded in earnings (1)	—		446		—		446
Balance, March 31, 2025	$	(29,534)	$	(1,976)	$	(6,412)	$	(37,922)

Balance, December 31, 2023	$	(34,321)	$	(4,566)	$	(11,759)	$	(50,646)
Other comprehensive (loss) income	(2,293)		(1,917)		116		(4,094)
Balance, March 31, 2024	$	(36,614)	$	(6,483)	$	(11,643)	$	(54,740)

(1) Represents reclassification to earnings as a reduction to interest income of amounts included in accumulated other comprehensive income on the condensed consolidated balance sheet related to the interest rate swap terminated on August 2, 2024.