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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Pension and other post retirement obligations:          
Amortization of actuarial (gains) losses included in net periodic pension cost, gross $ (549) $ 220 $ (1,098) $ 440  
Tax effect 133 (53) 267 (107)  
Amortization of actuarial (gains) losses included in net periodic pension cost, net (416) 167 (831) 333  
Amortization of prior service cost included in net periodic pension cost, gross 160 109 320 218  
Tax effect (39) (27) (78) (53)  
Amortization of prior service cost included in net periodic pension cost, net 121 82 242 165  
Other comprehensive (loss) income related to pension and other post-retirement obligations, net of taxes (295) 249 (589) 498  
Unrealized (losses) gains on investment securities:          
Net unrealized holding (losses) gains on investment securities, gross (44,039) (260,180) 47,221 (618,939)  
Tax effect 10,717 63,198 (11,510) 150,341  
Net unrealized holding (losses) gains on investment securities, net (33,322) (196,982) 35,711 (468,598)  
Reclassification adjustment for net losses included in net income, gross 0 0 52,329 0  
Tax effect 0 0 (12,714) 0  
Reclassification adjustment for net losses included in net income, net 0 0 39,615 0  
Other comprehensive (loss) gain related to unrealized (losses) gains on investment securities, net of taxes (33,322) (196,982) 75,326 (468,598)  
Other comprehensive (loss) income, net of taxes (33,617) (196,733) 74,737 (468,100)  
Net income 48,291 39,805 54,089 86,860  
Comprehensive income (loss) 14,674 $ (156,928) 128,826 $ (381,240)  
Accumulated Other Comprehensive Loss By Component:          
Unrealized loss for pension and other post-retirement obligations (42,311)   (42,311)   $ (41,533)
Tax effect 10,421   10,421   10,232
Net unrealized loss for pension and other post-retirement obligations (31,890)   (31,890)   (31,301)
Unrealized loss on investment securities (765,233)   (765,233)   (864,783)
Tax effect 185,421   185,421   209,645
Net unrealized loss on investment securities (579,812)   (579,812)   (655,138)
Accumulated other comprehensive loss $ (611,702)   $ (611,702)   $ (686,439)