Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

The following table summarizes the components of accumulated other comprehensive income (loss), including changes during the years presented as well as any reclassifications out of accumulated other comprehensive income (loss):

(in thousands)	AFS Investment Securities		Cash Flow Hedge Derivatives		Defined Benefit Pension and Postretirement Obligations		Accumulated Other Comprehensive Income (Loss)
Balance, December 31, 2022	$	(233,192)	$	3,360	$	(42,968)	$	(272,799)
Other comprehensive income before reclassifications	41,145		—		24,091		65,236
Amounts reclassified from accumulated other comprehensive income (loss):
Investment securities losses, net	64,940		—		—		64,940
HTM investment securities, net, at amortized cost(a)	9,025		—		—		9,025
Other assets / accrued expenses and other liabilities	—		(13,254)		—		(13,254)
Interest income	—		13,930		—		13,930
Personnel expense	—		—		(326)		(326)
Other expense	—		—		(29)		(29)
Income tax (expense)	(30,560)		(956)		(6,304)		(37,820)
Net other comprehensive income (loss) during period	84,550		(280)		17,432		101,703
Balance, December 31, 2023	$	(148,641)	$	3,080	$	(25,535)	$	(171,096)
Other comprehensive (loss) income before reclassifications	$	(23,978)	$	—	$	2,210	$	(21,768)
Amounts reclassified from accumulated other comprehensive income (loss):
Investment securities losses, net	148,380		—		—		148,380
HTM investment securities, net, at amortized cost(a)	8,360		—		—		8,360
Other assets / accrued expenses and other liabilities	—		(21,537)		—		(21,537)
Interest income	—		16,478		—		16,478
Personnel expense	—		—		(290)		(290)
Other expense	—		—		(28)		(28)
Income tax (expense) benefit	(33,114)		710		(511)		(32,915)
Net other comprehensive income (loss) during period	99,648		(4,348)		1,381		96,681
Balance, December 31, 2024	$	(48,993)	$	(1,268)	$	(24,154)	$	(74,416)
Other comprehensive income before reclassifications	$	54,271	$	—	$	8,504	$	62,775
Amounts reclassified from accumulated other comprehensive loss:
HTM investment securities, net, at amortized cost(a)	7,730		—		—		7,730
Other assets / accrued expenses and other liabilities	—		7,243		—		7,243
Interest income	—		4,172		—		4,172
Personnel expense	—		—		(252)		(252)
Other expense	—		—		16		16
Income tax (expense) benefit	(15,464)		2,747		(2,117)		(14,834)
Net other comprehensive income during period	46,537		14,162		6,151		66,850
Balance, December 31, 2025	$	(2,456)	$	12,894	$	(18,003)	$	(7,566)

(a) Amortization of net unrealized losses on AFS securities transferred to HTM securities.