Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Activity in Other Comprehensive Income (Loss)

The following table presents the activity in other comprehensive income (loss):

Three months ended March 31,	2025			2024
(Dollars in thousands)	Pre-tax Amounts	Income Tax Benefit (Expense)	Net of Tax	Pre-tax Amounts	Income Tax Benefit (Expense)	Net of Tax
Available for Sale Debt Securities:
Change in fair value of available for sale debt securities	$16,896	($4,266)	$12,630	($14,748)	$3,760	($10,988)
Cash Flow Hedges:
Change in fair value of cash flow hedges	(1,130)	286	(844)	2,656	(677)	1,979
Net cash flow hedge losses reclassified into earnings	1,923	(486)	1,437	1,645	(419)	1,226
Net change in fair value of cash flow hedges	793	(200)	593	4,301	(1,096)	3,205
Defined Benefit Plan Obligations:
Defined benefit plan obligation remeasurement	2,665	(728)	1,937	—	—	—
Pension plan settlement charge reclassified into earnings	6,436	(1,625)	4,811	—	—	—
Amortization of net actuarial losses into earnings	29	(8)	21	31	(8)	23
Net change in defined benefit plan obligations	9,130	(2,361)	6,769	31	(8)	23
Total other comprehensive income (loss)	$26,819	($6,827)	$19,992	($10,416)	$2,656	($7,760)

Changes in Components of Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in AOCL by component, net of tax:

(Dollars in thousands)	Net Unrealized Losses on Available For Sale Debt Securities	Net Unrealized Losses on Cash Flow Hedges	Net Unrealized Losses on Defined Benefit Plan Obligations	Total
For the three months ended March 31, 2025
Balance at December 31, 2024	($102,439)	($7,938)	($8,794)	($119,171)
Other comprehensive income (loss) before reclassifications	12,630	(844)	1,937	13,723
Amounts reclassified from AOCL	—	1,437	4,832	6,269
Net other comprehensive income	12,630	593	6,769	19,992
Balance at March 31, 2025	($89,809)	($7,345)	($2,025)	($99,179)

(Dollars in thousands)	Net Unrealized Losses on Available For Sale Debt Securities	Net Unrealized Losses on Cash Flow Hedges	Net Unrealized Losses on Defined Benefit Plan Obligations	Total
For the three months ended March 31, 2024
Balance at December 31, 2023	($116,591)	($15,619)	($8,943)	($141,153)
Other comprehensive (loss) income before reclassifications	(10,988)	1,979	—	(9,009)
Amounts reclassified from AOCL	—	1,226	23	1,249
Net other comprehensive (loss) income	(10,988)	3,205	23	(7,760)
Balance at March 31, 2024	($127,579)	($12,414)	($8,920)	($148,913)