Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2025

Accumulated Other Comprehensive Loss

Schedule of Accumulated Other Comprehensive Loss

	Investment
	securities-
	with credit		Investment
	related		securities-		Investment
	impairment		all other		securities-		Cash Flow		Pension
(in thousands)	AFS		AFS		HTM		Hedge		Plan		SERP		Total
Accumulated OCL, net:
Balance - January 1, 2025	$	(2,592)	$	(13,792)	$	(4,696)	$	372	$	(9,723)	$	183	$	(30,248)
Other comprehensive income/(loss) before reclassifications		6		1,357		—		(85)		(1,562)		—		(284)
Amounts reclassified from accumulated other comprehensive income		(37)		—		113		—		97		—		173
Balance - March 31, 2025	$	(2,623)	$	(12,435)	$	(4,583)	$	287	$	(11,188)	$	183	$	(30,359)
Other comprehensive income/(loss) before reclassifications		365		356		—		(64)		1,545		—		2,202
Amounts reclassified from accumulated other comprehensive income		(37)		—		120		—		97		—		180
Balance - June 30, 2025	$	(2,295)	$	(12,079)	$	(4,463)	$	223	$	(9,546)	$	183	$	(27,977)
Other comprehensive income/(loss)before reclassifications		5		654		—		(77)		1,819		—		2,401
Amounts reclassified from accumulated other comprehensive income		(37)		(71)		135		—		96		—		123
Balance - September 30, 2025	$	(2,327)	$	(11,496)	$	(4,328)	$	146	$	(7,631)	$	183	$	(25,453)
	Investment
	securities-
	with credit		Investment
	related		securities-		Investment
	impairment		all other		securities-		Cash Flow		Pension
(in thousands)	AFS		AFS		HTM		Hedge		Plan		SERP		Total
Balance - January 1, 2024	$	(2,482)	$	(13,217)	$	(5,201)	$	569	$	(14,263)	$	(1,233)	$	(35,827)
Other comprehensive income/(loss) before reclassifications		155		(459)		—		54		1,096		—		846
Amounts reclassified from accumulated other comprehensive income		(37)		—		118		—		149		29		259
Balance - March 31, 2024	$	(2,364)	$	(13,676)	$	(5,083)	$	623	$	(13,018)	$	(1,204)	$	(34,722)
Other comprehensive (loss)/income before reclassifications		(620)		(528)		—		(51)		(396)		-		(1,595)
Amounts reclassified from accumulated other comprehensive loss		(40)		—		118		—		150		29		257
Balance - June 30, 2024	$	(3,024)	$	(14,204)	$	(4,965)	$	572	$	(13,264)	$	(1,175)	$	(36,060)
Other comprehensive   income/(loss) before   reclassifications		544		2,491		—		(238)		2,377		-		5,174
Amounts reclassified from   accumulated other   comprehensive loss		(38)		—		134		—		148		29		273
Balance - September 30, 2024	$	(2,518)	$	(11,713)	$	(4,831)	$	334	$	(10,739)	$	(1,146)	$	(30,613)

Components of Comprehensive Income/(Loss)

	Before		Tax
Components of Other Comprehensive Income	Tax		(Expense)
(in thousands)	Amount		Benefit		Net
For the nine months ended September 30, 2025
Available for sale (AFS) securities with credit related impairment:
Unrealized holding gains	$	513	$	(137)	$	376
Less: accretable yield recognized in income		152		(41)		111
Net unrealized gains on investments with credit related impairment		361		(96)		265
Available for sale securities – all other:
Unrealized holding gains		3,225		(858)		2,367
Less: gains recognized in income		97		(26)		71
Net unrealized gains on all other AFS securities		3,128		(832)		2,296
Held to maturity securities:
Unrealized holding gains on securities transferred to held to maturity		—		—		—
Less: amortization recognized in income		(502)		134		(368)
Net unrealized gains on HTM securities		502		(134)		368
Cash flow hedges:
Unrealized holding losses		(287)		61		(226)
Pension Plan:
Unrealized net actuarial gains		2,455		(653)		1,802
Less: amortization of unrecognized gains		(397)		107		(290)
Net pension plan asset adjustment		2,852		(760)		2,092
Other comprehensive income	$	6,556	$	(1,761)	$	4,795

	Before		Tax
Components of Other Comprehensive Income	Tax		(Expense)
(in thousands)	Amount		Benefit		Net
For the nine months ended September 30, 2024
Available for sale (AFS) securities with credit related impairment:
Unrealized holding gains	$	103	$	(24)	$	79
Less: accretable yield recognized in income		152		(37)		115
Net unrealized losses on investments with credit related impairment		(49)		13		(36)
Available for sale securities – all other:
Unrealized holding gains		2,044		(540)		1,504
Held to maturity securities:
Unrealized holding gains on securities transferred to held to maturity		—		—		—
Less: amortization recognized in income		(503)		133		(370)
Net unrealized gains on HTM securities		503		(133)		370
Cash flow hedges:
Unrealized holding losses		(319)		84		(235)
Pension Plan:
Unrealized net actuarial gains		4,181		(1,104)		3,077
Less: amortization of unrecognized losses		(608)		161		(447)
Net pension plan asset adjustment		4,789		(1,265)		3,524
SERP:
Unrealized net actuarial gains		—		—		—
Less: amortization of unrecognized losses		(118)		31		(87)
Net SERP liability adjustment		118		(31)		87
Other comprehensive income	$	7,086	$	(1,872)	$	5,214

Components of Other Comprehensive Income (in thousands)	Before Tax Amount		Tax (Expense) Benefit		Net
For the three months ended September 30, 2025
Available for sale (AFS) securities with credit related impairment:
Unrealized holding gains	$	7	$	(2)	$	5
Less: accretable yield recognized in income		51		(14)		37
Net unrealized gains on investments with credit related impairment		(44)		12		(32)
Available for sale securities – all other:
Unrealized holding gains		891		(237)		654
Less: gains recognized in income		97		(26)		71
Net unrealized gains on all other AFS securities		794		(211)		583
Held to maturity securities:
Unrealized holding gains		—		—		—
Less: amortization recognized in income		(185)		50		(135)
Net unrealized gains on HTM securities		185		(50)		135
Cash flow hedges:
Unrealized holding losses		(98)		21		(77)
Pension Plan:
Unrealized net actuarial gains		2,478		(659)		1,819
Less: amortization of unrecognized loss		(132)		36		(96)
Net pension plan asset adjustment		2,610		(695)		1,915
Other comprehensive income	$	3,447	$	(923)	$	2,524

Components of Other Comprehensive Income (in thousands)	Before Tax Amount		Tax (Expense) Benefit		Net
For the three months ended September 30, 2024
Available for sale (AFS) securities with credit related impairment:
Unrealized holding gains	$	740	$	(196)	$	544
Less: accretable yield recognized in income		51		(13)		38
Net unrealized gains on investments with credit related impairment		689		(183)		506
Available for sale securities – all other:
Unrealized holding gains		3,384		(893)		2,491
Net unrealized gains on all other AFS securities		3,384		(893)		2,491
Held to maturity securities:
Unrealized holding gains		—		—		—
Less: amortization recognized in income		(182)		48		(134)
Net unrealized gains on HTM securities		182		(48)		134
Cash flow hedges:
Unrealized holding losses		(323)		85		(238)
Pension Plan:
Unrealized net actuarial gains		3,229		(852)		2,377
Less: amortization of unrecognized losses		(202)		54		(148)
Net pension plan asset adjustment		3,431		(906)		2,525
SERP:
Unrealized net actuarial gains		—		—		—
Less: amortization of unrecognized losses		(39)		10		(29)
Net SERP liability adjustment		39		(10)		29
Other comprehensive income	$	7,402	$	(1,955)	$	5,447

Reclassification out of Accumulated Other Comprehensive Loss

Amounts Reclassified from	Nine months ended
Accumulated Other Comprehensive Loss	September 30,				Affected Line Item in the Statement
(in thousands)	2025			2024	Where Net Income is Presented
Net unrealized gains on available for sale investment securities with credit related impairment:
Accretable yield	$	152	$	152	Interest income on taxable investment securities
Taxes		(41)		(37)	Credit for income tax expense
	$	111	$	115	Net of tax
Net unrealized gains on available for sale investment securities - all others:
Gains recognized	$	97	$	—	Net gains
Taxes		(26)		—	Provision for income tax expense
	$	71	$	—	Net of tax
Net unrealized gains on held to maturity securities:
Amortization	$	(502)	$	(503)	Interest income on taxable investment securities
Taxes		134		133	Provision for income tax expense
	$	(368)	$	(370)	Net of tax
Net pension plan asset adjustment:
Amortization of unrecognized losses	$	(397)	$	(608)	Other Expense
Taxes		107		161	Provision for income tax expense
	$	(290)	$	(447)	Net of tax
Net SERP liability adjustment:
Amortization of unrecognized losses	$	—	$	(118)	Other Expense
Taxes		—		31	Provision for income tax expense
	$	—	$	(87)	Net of tax
Total reclassifications for the period	$	(476)	$	(789)	Net of tax

Amounts Reclassified from	Three Months Ended
Accumulated Other Comprehensive Loss	September 30,				Affected Line Item in the Statement
(in thousands)	2025		2024		Where Net Income is Presented
Net unrealized gains on available for sale investment securities with credit related impairment:
Accretable yield	$	51	$	51	Interest income on taxable investment securities
Taxes		(14)		(13)	Credit for income tax expense
	$	37	$	38	Net of tax
Net unrealized gains on available for sale investment securities - all others:
Gains recognized	$	97	$	—	Net gains
Taxes		(26)		—	Provision for income tax expense
	$	71	$	—	Net of tax
Net unrealized gains on held to maturity securities:
Amortization	$	(185)	$	(182)	Interest income on taxable investment securities
Taxes		50		48	Provision for income tax expense
	$	(135)	$	(134)	Net of tax
Net pension plan asset adjustment:
Amortization of unrecognized losses	$	(132)	$	(202)	Other expense
Taxes		36		54	Provision for income tax expense
	$	(96)	$	(148)	Net of tax
Net SERP liability adjustment:
Amortization of unrecognized losses	$	—	$	(39)	Other expense
Taxes		—		10	Provision for income tax expense
	$	—	$	(29)	Net of tax
Total reclassifications for the period	$	(123)	$	(273)	Net of tax