Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2026

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

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income ("AOCI") (loss) by component, including amounts reclassified to other comprehensive income ("OCI") (loss) and the related line item in the Consolidated Statements of Operations where net income is presented, are as follows:

	Three months ended						Three months ended
	June 30, 2026						June 30, 2025
(in thousands)	Before Tax		Income Tax		Net		Before Tax		Income Tax		Net
Investment securities:
AOCI (loss), beginning of period	$	(14,358)	$	(3,015)	$	(11,343)	$	(15,128)	$	(3,178)	$	(11,950)
OCI before reclassifications	71		15		56		6,774		1,423		5,351
Realized investment losses	963		202		761		431		91		340
Impairment losses	348		73		275		721		151		570
OCI	1,382		290		1,092		7,926		1,665		6,261
AOCI (loss), end of period	$	(12,976)	$	(2,725)	$	(10,251)	$	(7,202)	$	(1,513)	$	(5,689)
Pension and other postretirement plans:
AOCI (loss), beginning of period	$	(66,968)	$	(14,064)	$	(52,904)	$	(38,511)	$	(8,087)	$	(30,424)
Amortization of prior service costs	458		96		362		422		88		334
Amortization of net actuarial gain	(68)		(14)		(54)		(655)		(138)		(517)
OCI (loss)	390		82		308		(233)		(50)		(183)
AOCI (loss), end of period	$	(66,578)	$	(13,982)	$	(52,596)	$	(38,744)	$	(8,137)	$	(30,607)
Total
AOCI (loss), beginning of period	$	(81,326)	$	(17,079)	$	(64,247)	$	(53,639)	$	(11,265)	$	(42,374)
Investment securities	1,382		290		1,092		7,926		1,665		6,261
Pension and other postretirement plans	390		82		308		(233)		(50)		(183)
OCI	1,772		372		1,400		7,693		1,615		6,078
AOCI (loss), end of period	$	(79,554)	$	(16,707)	$	(62,847)	$	(45,946)	$	(9,650)	$	(36,296)
	Six months ended						Six months ended
	June 30, 2026						June 30, 2025
(in thousands)	Before Tax		Income Tax		Net		Before Tax		Income Tax		Net
Investment securities:
AOCI (loss), beginning of period	$	1,508	$	316	$	1,192	$	(22,442)	$	(4,714)	$	(17,728)
OCI (loss) before reclassifications	(15,911)		(3,341)		(12,570)		13,461		2,827		10,634
Realized investment losses	814		171		643		693		146		547
Impairment losses	613		129		484		1,086		228		858
OCI (loss)	(14,484)		(3,041)		(11,443)		15,240		3,201		12,039
AOCI (loss), end of period	$	(12,976)	$	(2,725)	$	(10,251)	$	(7,202)	$	(1,513)	$	(5,689)
Pension and other postretirement plans:
AOCI (loss), beginning of period	$	(67,359)	$	(14,146)	$	(53,213)	$	(37,802)	$	(7,939)	$	(29,863)
Amortization of prior service costs	916		192		724		844		177		667
Amortization of net actuarial gain	(135)		(28)		(107)		(1,309)		(275)		(1,034)
Settlement gain	—		—		—		(477)		(100)		(377)
OCI (loss)	781		164		617		(942)		(198)		(744)
AOCI (loss), end of period	$	(66,578)	$	(13,982)	$	(52,596)	$	(38,744)	$	(8,137)	$	(30,607)
Total
AOCI (loss), beginning of period	$	(65,851)	$	(13,830)	$	(52,021)	$	(60,244)	$	(12,653)	$	(47,591)
Investment securities	(14,484)		(3,041)		(11,443)		15,240		3,201		12,039
Pension and other postretirement plans	781		164		617		(942)		(198)		(744)
OCI (loss)	(13,703)		(2,877)		(10,826)		14,298		3,003		11,295
AOCI (loss), end of period	$	(79,554)	$	(16,707)	$	(62,847)	$	(45,946)	$	(9,650)	$	(36,296)