Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents the components of other comprehensive income (loss) for the three month periods ended March 31, 2026 and 2025:


Schedule of Comprehensive Income (Loss)
	Three Months Ended March 31
			Tax
	Before-Tax		(Expense)		Net-of-Tax
	Amount		Benefit		Amount
2026
Net Unrealized Securities Holding (Loss) on Securities Available-for-Sale Arising During the Period	$	(2,439)	$	629	$	(1,810)
Net Unrealized Gain on Cash Flow Swap	1,216		(314)		902



Reclassification of Net Unrealized Loss on Cash Flow Hedge Agreements to Interest Expense	291		(75)		216
Amortization of Net Retirement Plan Actuarial (Gain)	(117)		30		(87)
Amortization of Net Retirement Plan Prior Service Cost	71		(19)		52
Other Comprehensive (Loss)	$	(978)	$	251	$	(727)

2025
Net Unrealized Securities Holding Gain on Securities Available-for-Sale Arising During the Period	$	8,645	$	(2,229)	$	6,416
Net Unrealized (Loss) on Cash Flow Swap	(1,554)		400		(1,154)
Reclassification of Net Unrealized (Gain) on Cash Flow Hedge Agreements to Interest Expense	(430)		111		(319)


Amortization of Net Retirement Plan Actuarial (Gain)	(96)		25		(71)
Amortization of Net Retirement Plan Prior Service Cost	83		(22)		61
Other Comprehensive Income	$	6,648	$	(1,715)	$	4,933

The following table presents the changes in accumulated other comprehensive (loss) income by component:


Changes in Accumulated Other Comprehensive (Loss) Income by Component (1)

	Unrealized Loss on Available-for-Sale Securities		Unrealized Gain on Cash Flow Swap		Defined Benefit Plan Items				Total
					Net Actuarial Gain		Net Prior Service Cost


For the quarter-to-date periods ended:
December 31, 2025	$	(12,799)	$	2,475	$	6,807	$	(520)	$	(4,037)
Other comprehensive income or loss before reclassifications	(1,810)		902		—		—		(908)
Amounts reclassified from accumulated other comprehensive income or loss	—		216		(87)		52		181
Net current-period other comprehensive income or loss	(1,810)		1,118		(87)		52		(727)

March 31, 2026	$	(14,609)	$	3,593	$	6,720	$	(468)	$	(4,764)

December 31, 2024	$	(27,292)	$	4,677	$	4,927	$	(765)	$	(18,453)
Other comprehensive income or loss before reclassifications	6,416		(1,154)		—		—		5,262
Amounts reclassified from accumulated other comprehensive income or loss	—		(319)		(71)		61		(329)
Net current-period other comprehensive income or loss	6,416		(1,473)		(71)		61		4,933

March 31, 2025	$	(20,876)	$	3,204	$	4,856	$	(704)	$	(13,520)

(1) All amounts are net of tax.

The following table presents the reclassifications out of accumulated other comprehensive income or loss:


Reclassifications Out of Accumulated Other Comprehensive Income or Loss

Details about Accumulated Other Comprehensive Income or Loss Components	Amounts Reclassified from Accumulated Other Comprehensive Income or Loss			Affected Line Item in the Statement Where Net Income Is Presented

For the quarter-to-date periods ended:
March 31, 2026





Reclassification of Net Unrealized Loss on Cash Flow Hedge Agreements to Interest Expense	$	(291)		Interest expense
Amortization of defined benefit pension items:
Prior-service costs	(71)		(1)	Salaries and Employee Benefits
Actuarial gain	117		(1)	Salaries and Employee Benefits
	(245)			Total before Tax
	64			Provision for Income Taxes
Total reclassifications for the period	$	(181)		Net of Tax


March 31, 2025
Reclassification of Net Unrealized Gain on Cash Flow Hedge Agreements to Interest Expense	$	430		Interest expense
Amortization of defined benefit pension items:
Prior-service costs	$	(83)	(1)	Salaries and Employee Benefits
Actuarial gain	96		(1)	Salaries and Employee Benefits
	443			Total before Tax
	(114)			Provision for Income Taxes
Total reclassifications for the period	$	329		Net of Tax




















(1) These accumulated other comprehensive gain or loss components are included in the computation of net periodic pension cost.