Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2025

The table below shows the activity and accumulated balances of components of other comprehensive loss.


	Unrealized gains/losses on AFS securities		Pension plan		Total
	(dollars in thousands)
Balance December 31, 2023	$	(255,195)	$	(12,397)	$	(267,592)
Other comprehensive income before reclassifications	92,666		23,714		116,380
Reclassification adjustment for net losses on AFS securities included in net income	51,249		—		51,249
Current period other comprehensive income, before tax	143,915		23,714		167,629
Income tax (expense)	(34,309)		(5,653)		(39,962)
Current period other comprehensive income, net of tax	109,606		18,061		127,667
Balance December 31, 2024	(145,589)		5,664		(139,925)
Other comprehensive income before reclassifications	136,831		17,820		154,651
Reclassification adjustment for net losses on AFS securities included in net income	6,920		—		6,920
Current period other comprehensive income, before tax	143,751		17,820		161,571
Income tax (expense)	(34,270)		(4,248)		(38,518)
Current period other comprehensive income, net of tax	109,481		13,572		123,053
Balance December 31, 2025	$	(36,108)	$	19,236	$	(16,872)