Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

6 Months Ended

Jun. 30, 2026

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

Summary of activity in accumulated other comprehensive income (loss)


(in thousands)	AFS Investment Securities		Cash Flow Hedge Derivatives		Defined Benefit Pension and Postretirement Obligations		Accumulated Other Comprehensive (Loss) Income
Balance March 31, 2026	$	(28,608)	$	2,153	$	(18,050)	$	(44,505)
Other comprehensive loss before reclassifications	(36,846)		—		—		(36,846)

Amounts reclassified from accumulated other comprehensive (loss) income:

Amortization of net unrealized losses on AFS securities transferred to HTM securities	1,901		—		—		1,901
Other assets / accrued expenses and other liabilities	—		(6,506)		—		(6,506)
Interest income	—		(597)		—		(597)
Personnel expense	—		—		(63)		(63)

Income tax benefit (expense)	8,717		(1,709)		15		7,023
Net other comprehensive loss during period	(26,228)		(8,812)		(48)		(35,088)
Balance June 30, 2026	$	(54,836)	$	(6,659)	$	(18,098)	$	(79,593)

Balance March 31, 2025	$	(23,655)	$	9,135	$	(20,624)	$	(35,144)
Other comprehensive income before reclassifications	21,317		—		—		21,317

Amounts reclassified from accumulated other comprehensive income (loss):

Amortization of net unrealized losses on AFS securities transferred to HTM securities	2,059		—		—		2,059
Other assets / accrued expenses and other liabilities	—		1,264		—		1,264
Interest income	—		1,437		—		1,437
Personnel expense	—		—		(63)		(63)
Other expense	—		—		(4)		(4)
Income tax (expense) benefit	(5,830)		650		17		(5,164)
Net other comprehensive income (loss) during period	17,545		3,352		(50)		20,847
Balance June 30, 2025	$	(6,109)	$	12,487	$	(20,674)	$	(14,297)

The following table summarizes the components of accumulated other comprehensive income (loss) at June 30, 2026 and 2025, including changes during the preceding six and three month periods as well as any reclassifications out of accumulated other comprehensive income (loss):


(in thousands)	Investment Securities		Cash Flow Hedge Derivatives		Defined Benefit Pension and Postretirement Obligations		Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2025	$	(2,456)	$	12,894	$	(18,003)	$	(7,566)
Other comprehensive loss before reclassifications	(73,377)		—		—		(73,377)

Amounts reclassified from accumulated other comprehensive (loss) income:

Amortization of net unrealized losses on AFS securities transferred to HTM securities	3,590		—		—		3,590
Other assets / accrued expenses and other liabilities	—		(14,418)		—		(14,418)
Interest expense	—		(1,343)		—		(1,343)
Personnel expense	—		—		(126)		(126)

Income tax benefit (expense)	17,407		(3,792)		31		13,647
Net other comprehensive loss during period	(52,380)		(19,553)		(95)		(72,027)
Balance June 30, 2026	$	(54,836)	$	(6,659)	$	(18,098)	$	(79,593)

Balance December 31, 2024	$	(48,993)	$	(1,268)	$	(24,154)	$	(74,416)
Other comprehensive income before reclassifications	53,149		—		4,770		57,919

Amounts reclassified from accumulated other comprehensive income (loss):

Amortization of net unrealized losses on AFS securities transferred to HTM securities	3,986		—		—		3,986
Other assets / accrued expenses and other liabilities	—		8,532		—		8,532
Interest income	—		2,555		—		2,555
Personnel expense	—		—		(126)		(126)
Other expense	—		—		(8)		(8)
Income tax (expense) benefit	(14,251)		2,668		(1,157)		(12,740)
Net other comprehensive income during period	42,884		13,755		3,480		60,119
Balance June 30, 2025	$	(6,109)	$	12,487	$	(20,674)	$	(14,297)