Reclassifications Out of AOCI (Tables)

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Schedule of Reclassifications Out of AOCI

The following table presents the details regarding amounts reclassified out of AOCI for the periods indicated. Amounts shown in parentheses reduce earnings.

(in thousands)
Details about AOCI Components	Three Months Ended March 31,				Affected Line Item in the Statement Where Net Income is Presented
	2024		2023
Realized losses on AFS securities:
	$	—	$	(1,644)	Securities losses, net
	—		374		Income tax expense
	$	—	$	(1,270)	Net of tax
Amortization of unrealized losses on HTM securities transferred from AFS:
	$	(2,063)	$	(2,968)	Investment securities interest revenue
	493		720		Income tax expense
	$	(1,570)	$	(2,248)	Net of tax
Reclassifications related to derivative instruments accounted for as cash flow hedges:
Interest rate contracts	$	1,440	$	822	Long-term debt interest expense
	(368)		(210)		Income tax expense
	$	1,072	$	612	Net of tax
Amortization of defined benefit pension plan net periodic pension cost components:
Prior service cost	$	(44)	$	(61)	Salaries and employee benefits expense
	11		16		Income tax expense
	$	(33)	$	(45)	Net of tax
Total reclassifications for the period	$	(531)	$	(2,951)	Net of tax