Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2025

Components of Accumulated Other Comprehensive Loss

The following tables present the after-tax changes in the balances of each component of accumulated other comprehensive loss for the three months ended March 31, 2025 and 2024:


	Components of Accumulated Other Comprehensive Loss						Total Accumulated Other Comprehensive Loss
	Unrealized Gains and Losses on AFS Securities		Unrealized Gains and Losses on Derivatives		Defined Benefit Pension and Postretirement Benefit Plans
	(in thousands)
December 31, 2024	$	(133,898)	$	1,245	$	(22,681)	$	(155,334)
Other comprehensive income before reclassification	27,212		—		—		27,212
Amounts reclassified to earnings	—		(218)		88		(130)
Other comprehensive income (loss), net	27,212		(218)		88		27,082
March 31, 2025	$	(106,686)	$	1,027	$	(22,593)	$	(128,252)

December 31, 2023	$	(115,502)	$	2,114	$	(33,068)	$	(146,456)
Other comprehensive loss before reclassification	(10,205)		—		—		(10,205)
Amounts reclassified to earnings	—		(222)		35		(187)
Other comprehensive (loss) income, net	(10,205)		(222)		35		(10,392)
March 31, 2024	$	(125,707)	$	1,892	$	(33,033)	$	(156,848)

Reclassification from Each Component of Accumulated Other Comprehensive Loss

The following table presents amounts reclassified from each component of accumulated other comprehensive loss on a gross and net of tax basis for the three months ended March 31, 2025 and 2024:


	Amounts Reclassified from Accumulated Other Comprehensive Loss
	Three Months Ended March 31,
Components of Accumulated Other Comprehensive Loss	2025		2024		Income Statement Line Item
	(in thousands)







Unrealized gains on derivatives (cash flow hedges) before tax	$	301	$	298	Included in interest income.
Tax effect	(83)		(76)
Total net of tax	218		222
Defined benefit pension and postretirement benefit plans:
Amortization of actuarial net loss	(121)		(49)		Included in the computation of net periodic pension cost recognized within other non-interest expense.

Tax effect	33		14
Total net of tax	(88)		(35)
Total reclassifications, net of tax	$	130	$	187