COMPREHENSIVE INCOME (Tables)

9 Months Ended

Sep. 30, 2024

COMPREHENSIVE INCOME

Schedule of the components of other comprehensive income, and the related tax effects

(In Thousands)	Before-Tax		Income Tax		Net-of-Tax
	Amount		Effect		Amount
Three Months Ended September 30, 2024
Available-for-sale debt securities:
Unrealized holding gains on available-for-sale debt securities	$	13,829	$	(2,515)	$	11,314
Reclassification adjustment for (gains) realized in income		0		0		0
Other comprehensive income from available-for-sale debt securities		13,829		(2,515)		11,314
Unfunded pension and postretirement obligations:
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost		(22)		5		(17)
Other comprehensive loss on unfunded retirement obligations		(22)		5		(17)
Total other comprehensive income	$	13,807	$	(2,510)	$	11,297

(In Thousands)	Before-Tax		Income Tax		Net-of-Tax
	Amount		Effect		Amount
Three Months Ended September 30, 2023
Available-for-sale debt securities:
Unrealized holding losses on available-for-sale debt securities	$	(14,865)	$	3,123	$	(11,742)
Reclassification adjustment for (gains) realized in income		0		0		0
Other comprehensive loss from available-for-sale debt securities		(14,865)		3,123		(11,742)
Unfunded pension and postretirement obligations:
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost		(14)		3		(11)
Other comprehensive loss on unfunded retirement obligations		(14)		3		(11)
Total other comprehensive loss	$	(14,879)	$	3,126	$	(11,753)

(In Thousands)	Before-Tax		Income Tax		Net-of-Tax
	Amount		Effect		Amount
Nine Months Ended September 30, 2024
Available-for-sale debt securities:
Unrealized holding gains on available-for-sale debt securities	$	10,243		(1,761)	$	8,482
Reclassification adjustment for (gains) realized in income		0		0		0
Other comprehensive income from available-for-sale debt securities		10,243		(1,761)		8,482
Unfunded pension and postretirement obligations:
Changes from plan amendments and actuarial gains and losses		394		(83)		311
Amortization of prior service cost and net actuarial loss and curtailment gain included in net periodic benefit cost		(532)		112		(420)
Other comprehensive loss on unfunded retirement obligations		(138)		29		(109)
Total other comprehensive income	$	10,105	$	(1,732)	$	8,373

(In Thousands)	Before-Tax		Income Tax		Net-of-Tax
	Amount		Effect		Amount
Nine Months Ended September 30, 2023
Available-for-sale debt securities:
Unrealized holding losses on available-for-sale debt securities	$	(12,535)	$	2,632	$	(9,903)
Reclassification adjustment for (gains) realized in income		(6)		1		(5)
Other comprehensive loss from available-for-sale debt securities		(12,541)		2,633		(9,908)
Unfunded pension and postretirement obligations:
Changes from plan amendments and actuarial gains and losses		(8)		1		(7)
Amortization of prior service cost and net actuarial loss included in net periodic benefit cost		(42)		9		(33)
Other comprehensive loss on unfunded retirement obligations		(50)		10		(40)
Total other comprehensive loss	$	(12,591)	$	2,643	$	(9,948)

Schedule of components of other comprehensive income and affected line item in the consolidated statements of income

	Affected Line Item in the
Description	Consolidated Statements of Income
Reclassification adjustment for (gains) realized in income (before-tax)	Realized gains on available-for-sale debt securities, net
Amortization of prior service cost and net actuarial loss and curtailment gain included in net periodic benefit cost (before-tax)	Other noninterest expense
Income tax effect	Income tax provision

Schedule of changes in the components of accumulated other comprehensive income

(In Thousands)	Unrealized				Accumulated
	(Losses)		Unfunded		Other
	Gains		Retirement		Comprehensive
	on Securities		Obligations		(Loss) Income
Three Months Ended September 30, 2024
Balance, beginning of period	$	(41,710)	$	349	$	(41,361)
Other comprehensive income (loss) during three months ended September 30, 2024		11,314		(17)		11,297
Balance, end of period	$	(30,396)	$	332	$	(30,064)
Three Months Ended September 30, 2023
Balance, beginning of period	$	(48,536)	$	463	$	(48,073)
Other comprehensive loss during three months ended September 30, 2023		(11,742)		(11)		(11,753)
Balance, end of period	$	(60,278)	$	452	$	(59,826)

(In Thousands)	Unrealized				Accumulated
	(Losses)		Unfunded		Other
	Gains		Retirement		Comprehensive
	on Securities		Obligations		(Loss) Income
Nine Months Ended September 30, 2024
Balance, beginning of period	$	(38,878)	$	441	$	(38,437)
Other comprehensive income (loss) during nine months ended September 30, 2024		8,482		(109)		8,373
Balance, end of period	$	(30,396)	$	332	$	(30,064)
Nine Months Ended September 30, 2023
Balance, beginning of period	$	(50,370)	$	492	$	(49,878)
Other comprehensive loss during nine months ended September 30, 2023		(9,908)		(40)		(9,948)
Balance, end of period	$	(60,278)	$	452	$	(59,826)