Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

The activity in accumulated other comprehensive loss is presented in the tables below (in thousands). All amounts are shown net of tax, which is calculated using a combined federal and state income tax rate approximating 23%.

	Three months ended March 31,
	Defined
	Benefit		Securities
	Pension		Available-
	Plan		-for-Sale		Total
2025
Beginning Balance	$	(1,442)	$	(114,277)	$	(115,719)
Other comprehensive income before reclassifications	—		15,768		15,768
Amounts reclassified from other comprehensive income	—		—		—
	—		15,768		15,768
Ending Balance	$	(1,442)	$	(98,509)	$	(99,951)
2024
Beginning Balance	$	(2,581)	$	(107,958)	$	(110,539)
Other comprehensive (loss) before classifications	—		(11,066)		(11,066)
Amounts reclassified from other comprehensive income	—		1		1
	—		(11,065)		(11,065)
Ending Balance	$	(2,581)	$	(119,023)	$	(121,604)

	Amounts reclassified from Other Comprehensive (Loss) Income
	Three months ended				Affected line item
	March 31,				in the Consolidated Statements
	2025		2024		of Income
Securities available-for-sale:
Net securities (losses) reclassified into earnings	$	—	$	(1)	Losses on sale of investment securities, net
Related income tax expense	—		—		Income tax expense (benefit)
Net effect on accumulated other comprehensive loss	$	—	$	(1)