ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

9 Months Ended

Sep. 30, 2024

Equity [Abstract]

Summary of Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in the balances of each component of accumulated other comprehensive loss, net of tax, as of September 30, 2024 and 2023:

	Accumulated Other Comprehensive Loss
	Unrealized Gains (Losses) on Securities Available for Sale		Unrealized Gains (Losses) on Cash Flow Hedges		Unrealized Gains (Losses) on Defined Benefit Plans		Total
Balance at December 31, 2023	$	(173,654)	$	—	$	(2,316)	$	(175,970)
Other comprehensive income before reclassifications	16,905		—		—		16,905
Amounts reclassified from accumulated other comprehensive loss	7,240		—		—		7,240
Period change	24,145		—		—		24,145
Balance at September 30, 2024	$	(149,509)	$	—	$	(2,316)	$	(151,825)
Balance at December 31, 2022	$	(234,495)	$	130	$	(4,786)	$	(239,151)
Other comprehensive loss before reclassifications	(71,633)		(142)		—		(71,775)
Amounts reclassified from accumulated other comprehensive loss	3,644		12		—		3,656
Period change	(67,989)		(130)		—		(68,119)
Balance at September 30, 2023	$	(302,484)	$	—	$	(4,786)	$	(307,270)

Summary of Reclassification out of Accumulated Other Comprehensive Income (Loss)

The following tables present the reclassification adjustments out of accumulated other comprehensive loss that were included in net income in the Consolidated Condensed Statements of Income for the three and nine months ended September 30, 2024 and 2023.

	Amount Reclassified from Accumulated Other Comprehensive Loss For the Three Months Ended September 30,
Details about Accumulated Other Comprehensive Loss Components	2024		2023		Affected Line Item in the Statements of Income
Unrealized gains (losses) on available for sale securities (1)
Realized securities gains (losses) reclassified into income	$	(9,114)	$	(1,650)	Other income - net realized gains (losses) on sales of available for sale securities
Related income tax benefit (expense)	1,914		346		Income tax expense
	$	(7,200)	$	(1,304)
Unrealized gains (losses) on cash flow hedges (2)
Interest rate contracts	$	—	$	—	Interest expense - subordinated debentures and term loans
Related income tax benefit (expense)	—		—		Income tax expense
	$	—	$	—
Total reclassifications for the period, net of tax	$	(7,200)	$	(1,304)

	Amount Reclassified from Accumulated Other Comprehensive Loss For the Nine Months Ended September 30,
Details about Accumulated Other Comprehensive Loss Components	2024		2023		Affected Line Item in the Statements of Income
Unrealized gains (losses) on available for sale securities (1)
Realized securities gains reclassified into income	$	(9,165)	$	(4,613)	Other income - net realized gains on sales of available for sale securities
Related income tax benefit (expense)	1,925		969		Income tax expense
	$	(7,240)	$	(3,644)
Unrealized gains (losses) on cash flow hedges (2)
Interest rate contracts	$	—	$	(15)	Interest expense - subordinated debentures and term loans
Related income tax benefit (expense)	—		3		Income tax expense
	$	—	$	(12)
Total reclassifications for the period, net of tax	$	(7,240)	$	(3,656)

(1) For additional detail related to unrealized gains (losses) on available for sale securities and related amounts reclassified from accumulated other comprehensive loss see NOTE 3. INVESTMENT SECURITIES of these Notes to Consolidated Condensed Financial Statements.

(2) For additional detail related to unrealized gains (losses) on cash flow hedges and related amounts reclassified from accumulated other comprehensive loss see NOTE 5. DERIVATIVE FINANCIAL INSTRUMENTS of these Notes to Consolidated Condensed Financial Statements.