Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

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 and six months ended June 30, 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)
March 31, 2025	$	(106,686)	$	1,027	$	(22,593)	$	(128,252)
Other comprehensive income before reclassification	8,496		—		—		8,496
Amounts reclassified to earnings	—		(221)		88		(133)
Other comprehensive income (loss), net	8,496		(221)		88		8,363
June 30, 2025	$	(98,190)	$	806	$	(22,505)	$	(119,889)
March 31, 2024	$	(125,707)	$	1,892	$	(33,033)	$	(156,848)
Other comprehensive loss before reclassification	(5,600)		—		—		(5,600)
Amounts reclassified to earnings	8		(210)		37		(165)
Other comprehensive (loss) income, net	(5,592)		(210)		37		(5,765)
June 30, 2024	$	(131,299)	$	1,682	$	(32,996)	$	(162,613)

	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	35,708		—		—		35,708
Amounts reclassified to earnings	—		(439)		176		(263)
Other comprehensive income (loss), net	35,708		(439)		176		35,445
June 30, 2025	$	(98,190)	$	806	$	(22,505)	$	(119,889)
December 31, 2023	$	(115,502)	$	2,114	$	(33,068)	$	(146,456)
Other comprehensive loss before reclassification	(15,805)		—		—		(15,805)
Amounts reclassified to earnings	8		(432)		72		(352)
Other comprehensive (loss) income, net	(15,797)		(432)		72		(16,157)
June 30, 2024	$	(131,299)	$	1,682	$	(32,996)	$	(162,613)

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 and six months ended June 30, 2025 and 2024:

	Amounts Reclassified from Accumulated Other Comprehensive Loss
	Three Months Ended June 30,				Six Months Ended June 30,
Components of Accumulated Other Comprehensive Loss	2025		2024		2025		2024		Income Statement Line Item
	(in thousands)
Unrealized losses on AFS securities before tax	$	—	$	(11)	$	—	$	(11)	(Losses) gains on securities transactions, net
Tax effect	—		3		—		3
Total net of tax	—		(8)		—		(8)
Unrealized gains on derivatives (cash flow hedges) before tax	$	304	$	299	$	605	$	597	Interest and fees on loans
Tax effect	(83)		(89)		(166)		(165)
Total net of tax	221		210		439		432
Defined benefit pension and postretirement benefit plans:
Amortization of actuarial net loss	(121)		(50)		(242)		(99)		Other non-interest expense
Tax effect	33		13		66		27
Total net of tax	(88)		(37)		(176)		(72)
Total reclassifications, net of tax	$	133	$	165	$	263	$	352