Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2026

The before and after-tax amounts allocated to each component of other comprehensive income (loss) are presented in the following table. Reclassification adjustments related to securities available for sale are included in net gain (loss) on securities transactions in the accompanying consolidated statements of income. Reclassification adjustments related to defined-benefit post-retirement benefit plans are included in the computation of net periodic pension expense (see Note 11 – Defined Benefit Plans).


	Three Months Ended September 30, 2026						Three Months Ended September 30, 2025
	Before Tax Amount		Tax Expense, (Benefit)		Net of Tax Amount		Before Tax Amount		Tax Expense, (Benefit)		Net of Tax Amount
Securities available for sale and transferred securities:
Change in net unrealized gain/loss during the period	$	(960,293)	$	(201,662)	$	(758,631)	$	273,173	$	57,366	$	215,807
Change in net unrealized gain on securities transferred to held to maturity	—		—		—		—		—		—
Reclassification adjustment for net (gains) losses included in net income	7,512		1,578		5,934		—		—		—
Total securities available for sale and transferred securities	(952,781)		(200,084)		(752,697)		273,173		57,366		215,807
Defined-benefit post-retirement benefit plans:

Reclassification adjustment for net amortization of actuarial gain/loss included in net income as a component of net periodic cost (benefit)	207		43		164		310		65		245
Total defined-benefit post-retirement benefit plans	207		43		164		310		65		245
Total other comprehensive income (loss)	$	(952,574)	$	(200,041)	$	(752,533)	$	273,483	$	57,431	$	216,052


	Nine Months Ended September 30, 2026						Nine Months Ended September 30, 2025
	Before Tax Amount		Tax Expense, (Benefit)		Net of Tax Amount		Before Tax Amount		Tax Expense, (Benefit)		Net of Tax Amount
Securities available for sale and transferred securities:
Change in net unrealized gain/loss during the period	$	(971,734)	$	(204,064)	$	(767,670)	$	414,242	$	86,991	$	327,251
Change in net unrealized gain on securities transferred to held to maturity	—		—		—		(521)		(109)		(412)
Reclassification adjustment for net (gains) losses included in net income	7,512		1,578		5,934		14		3		11
Total securities available for sale and transferred securities	(964,222)		(202,486)		(761,736)		413,735		86,885		326,850
Defined-benefit post-retirement benefit plans:
Reclassification adjustment for net amortization of actuarial gain/loss included in net income as a component of net periodic cost (benefit)	625		131		494		929		195		734
Total defined-benefit post-retirement benefit plans	625		131		494		929		195		734
Total other comprehensive income (loss)	$	(963,597)	$	(202,355)	$	(761,242)	$	414,664	$	87,080	$	327,584

Schedule of Accumulated Other Comprehensive Income (Loss)

Activity in accumulated other comprehensive income (loss), net of tax, was as follows:


	Securities Available For Sale		Defined Benefit Plans		Accumulated Other Comprehensive Income
Balance at January 1, 2026	$	(824,069)	$	(18,882)	$	(842,951)
Other comprehensive income (loss) before reclassifications	(767,670)		—		(767,670)
Reclassification of amounts included in net income	5,934		494		6,428
Net other comprehensive income (loss) during period	(761,736)		494		(761,242)
Balance at September 30, 2026	$	(1,585,805)	$	(18,388)	$	(1,604,193)

Balance at January 1, 2025	$	(1,230,828)	$	(21,176)	$	(1,252,004)
Other comprehensive income (loss) before reclassifications	326,839		—		326,839
Reclassification of amounts included in net income	11		734		745
Net other comprehensive income (loss) during period	326,850		734		327,584

Balance at September 30, 2025	$	(903,978)	$	(20,442)	$	(924,420)