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Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2025
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income (Loss)
(7) Accumulated Other Comprehensive Income (Loss)

The following is a summary of the accumulated other comprehensive income (loss) balances, net of tax:

 
  
Three months ended June 30, 2025
  
                Amount    
       
          Other     reclassified     Other        
          Comprehensive     from Accumulated     Comprehensive income-        
    Balance at     income-Before     Other Comprehensive     Three months ended     Balance at  
(dollars in thousands)
  
4/1/2025
    
Reclassifications
    
Loss
    
6/30/2025
    
6/30/2025
  
 
                              
Net unrealized holding gain 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 income (loss), net of tax
  
$
(132
)
    
2,336
      
(541
)
    
1,795
      
1,663

    Three months ended June 30, 2024  
                Amount    
       
          Other     reclassified     Other        
          Comprehensive     from Accumulated     Comprehensive loss-        
    Balance at     income-Before     Other Comprehensive     Three months ended     Balance at  
(dollars in thousands)
  
4/1/2024
    
Reclassifications
    
Loss
    
6/30/2024
    
6/30/2024
  
                               
Net unrealized holding loss on securities available for
sale, net of tax
  
$
(25,277
)
    
642
      
-
      
642
      
(24,635
)
Net change in overfunded position in pension and
postretirement plans arising during the year, net of tax
    
13,476
      
-
      
-
      
-
      
13,476
  
Net change in net actuarial gain and prior service cost on
pension and postretirement benefit plans, net of tax
    
(2,962
)
    
-
      
(147
)
    
(147
)
    
(3,109
)
                                         
Accumulated other comprehensive loss, net of tax
  
$
(14,763
)
    
642
      
(147
)
    
495
      
(14,268
)

 
  
Six months ended June 30, 2025
  
                Amount            
          Other     reclassified     Other Comprehensive        
          Comprehensive     from Accumulated     income-        
    Balance at     income-Before     Other Comprehensive     Six months ended     Balance at  
(dollars in thousands)
  
1/1/2025
    
Reclassifications
    
Loss
    
6/30/2025
    
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 cost on
pension and postretirement benefit plans, net of tax
    
(3,414
)
    
-
      
(760
)
    
(760
)
    
(4,174
)
                                         
Accumulated other comprehensive income (loss), net of tax
  
$
(3,861
)
   $ 
6,284
     $ 
(760
)
   $
5,524
     $
1,663

 
Six months ended June 30, 2024
  
                Amount    
       
          Other     reclassified     Other        
          Comprehensive     from Accumulated     Comprehensive loss-        
    Balance at     loss-Before     Other Comprehensive     Six months ended     Balance at  
(dollars in thousands)
  
1/1/2024
    
Reclassifications
    
Loss
    
6/30/2024
    
6/30/2024
  
                               
Net unrealized holding gain on securities available for sale, net of tax
  
$
(23,899
)
   $
(736
)
   $
-
     $
(736
)
   $
(24,635
)
Net change in overfunded position in pension and postretirement plans arising during the year, net of tax
    
13,476
      
-
      
-
      
-
      
13,476
  
Net change in net actuarial gain and prior service credit on pension and postretirement benefit plans, net of tax
    
(2,814
)
    
-
      
(295
)
    
(295
)
    
(3,109
)
                                         
Accumulated other comprehensive loss, net of tax
  
$
(13,237
)
   $
(736
)
   $
(295
)
   $
(1,031
)
   $
(14,268
)

The following represents the reclassifications out of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2025 and 2024:

(dollars in thousands)
  
Three months ended
    
Six months ended
    
   
June 30,
    
June 30,
    
   
2025
    
2024
    
2025
    
2024
   Affected Line Item in Financial Statements
Amortization of pension and postretirement benefit items:
                        
Amortization of net actuarial gain
  
$
737
     $
202
    
$
1,034
     $
405
   Salaries and employee benefits
Amortization of prior service cost
    
(4
)
    
(3
)
    
(7
)
    
(6
)
 Salaries and employee benefits
Income tax benefit
    
(192
)
    
(52
)
    
(267
)
    
(104
)
 Income taxes
Net of tax
    
541
      
147
      
760
      
295
    
                                 
Total reclassifications, net of tax
  
$
541
     $
147
    
$
760
     $
295