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Accumulated Other Comprehensive Income (Loss) (Tables) | 9 Months Ended
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Sep. 30, 2020
Equity [Abstract] |
Schedule of the changes in components of accumulated other comprehensive income (loss) balances | The following tables present the changes in the components of AOCI balances for the three and nine months ended September 30, 2020 and 2019:
($ in thousands) |  | AFS Debt Securities |  | Cash Flow Hedges |  | Foreign Currency Translation Adjustments (1) |  | Total
Balance, July 1, 2019 |  | $ | 5,217 |  |  | $ | — |  |  | $ | (15,189) |  |  | $ | (9,972) |
Net unrealized gains (losses) arising during the period |  | 11,904 |  |  | — |  |  | (2,858) |  |  | 9,046 |
Amounts reclassified from AOCI |  | (41) |  |  | — |  |  | — |  |  | (41) |
Changes, net of tax |  | 11,863 |  |  | — |  |  | (2,858) |  |  | 9,005 |
Balance, September 30, 2019 |  | $ | 17,080 |  |  | $ | — |  |  | $ | (18,047) |  |  | $ | (967) |
Balance, July 1, 2020 |  | $ | 42,850 |  |  | $ | (1,333) |  |  | $ | (18,383) |  |  | $ | 23,134 |
Net unrealized gains (losses) arising during the period |  | 5,126 |  |  | 25 |  |  | 5,459 |  |  | 10,610 |
Amounts reclassified from AOCI |  | (492) |  |  | 62 |  |  | — |  |  | (430) |
Changes, net of tax |  | 4,634 |  |  | 87 |  |  | 5,459 |  |  | 10,180 |
Balance, September 30, 2020 |  | $ | 47,484 |  |  | $ | (1,246) |  |  | $ | (12,924) |  |  | $ | 33,314 |
($ in thousands) |  | AFS Debt Securities |  | Cash Flow Hedges |  | Foreign Currency Translation Adjustments (1) |  | Total
Balance, January 1, 2019 |  | $ | (45,821) |  |  | $ | — |  |  | $ | (12,353) |  |  | $ | (58,174) |
Net unrealized gains (losses) arising during the period |  | 65,061 |  |  | — |  |  | (5,694) |  |  | 59,367 |
Amounts reclassified from AOCI |  | (2,160) |  |  | — |  |  | — |  |  | (2,160) |
Changes, net of tax |  | 62,901 |  |  | — |  |  | (5,694) |  |  | 57,207 |
Balance, September 30, 2019 |  | $ | 17,080 |  |  | $ | — |  |  | $ | (18,047) |  |  | $ | (967) |
Balance, January 1, 2020 |  | $ | (2,419) |  |  | $ | — |  |  | $ | (15,989) |  |  | $ | (18,408) |
Net unrealized gains (losses) arising during the period |  | 58,262 |  |  | (1,038) |  |  | 3,065 |  |  | 60,289 |
Amounts reclassified from AOCI |  | (8,359) |  |  | (208) |  |  | — |  |  | (8,567) |
Changes, net of tax |  | 49,903 |  |  | (1,246) |  |  | 3,065 |  |  | 51,722 |
Balance, September 30, 2020 |  | $ | 47,484 |  |  | $ | (1,246) |  |  | $ | (12,924) |  |  | $ | 33,314 |
(1)Represents foreign currency translation adjustments related to the Company’s net investment in non-U.S. operations, including related hedges. The functional currency and reporting currency of the Company’s foreign subsidiary was RMB and USD, respectively.
Schedule of components of other comprehensive income (loss), reclassifications to net income and the related tax effects | The following tables present the components of other comprehensive income (loss), reclassifications to net income and the related tax effects for the three and nine months ended September 30, 2020 and 2019:
($ in thousands) |  | Three Months Ended September 30,
| 2020 |  | 2019
| Before-Tax |  | Tax Effect |  | Net-of-Tax |  | Before-Tax |  | Tax Effect |  | Net-of-Tax
AFS debt securities: |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains arising during the period |  | $ | 7,304 |  |  | $ | (2,178) |  |  | $ | 5,126 |  |  | $ | 16,900 |  |  | $ | (4,996) |  |  | $ | 11,904 |
Net realized (gains) reclassified into net income (1) |  | (698) |  |  | 206 |  |  | (492) |  |  | (58) |  |  | 17 |  |  | (41) |
Net change |  | 6,606 |  |  | (1,972) |  |  | 4,634 |  |  | 16,842 |  |  | (4,979) |  |  | 11,863 |
Cash flow hedges |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains arising during the period |  | 34 |  |  | (9) |  |  | 25 |  |  | — |  |  | — |  |  | — |
Net realized losses reclassified into net income (2) |  | 87 |  |  | (25) |  |  | 62 |  |  | — |  |  | — |  |  | — |
Net change |  | 121 |  |  | (34) |  |  | 87 |  |  | — |  |  | — |  |  | — |
Foreign currency translation adjustments, net of hedges: |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains (losses) arising during the period |  | 4,419 |  |  | 1,040 |  |  | 5,459 |  |  | (1,618) |  |  | (1,240) |  |  | (2,858) |
Net change |  | 4,419 |  |  | 1,040 |  |  | 5,459 |  |  | (1,618) |  |  | (1,240) |  |  | (2,858) |
Other comprehensive income (loss) |  | $ | 11,146 |  |  | $ | (966) |  |  | $ | 10,180 |  |  | $ | 15,224 |  |  | $ | (6,219) |  |  | $ | 9,005 |
($ in thousands) |  | Nine Months Ended September 30,
| 2020 |  | 2019
| Before-Tax |  | Tax Effect |  | Net-of-Tax |  | Before-Tax |  | Tax Effect |  | Net-of-Tax
AFS debt securities: |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains arising during the period |  | $ | 82,767 |  |  | $ | (24,505) |  |  | $ | 58,262 |  |  | $ | 92,369 |  |  | $ | (27,308) |  |  | $ | 65,061 |
Net realized (gains) reclassified into net income (1) |  | (11,867) |  |  | 3,508 |  |  | (8,359) |  |  | (3,066) |  |  | 906 |  |  | (2,160) |
Net change |  | 70,900 |  |  | (20,997) |  |  | 49,903 |  |  | 89,303 |  |  | (26,402) |  |  | 62,901 |
Cash flow hedges |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized (losses) arising during the period |  | (1,449) |  |  | 411 |  |  | (1,038) |  |  | — |  |  | — |  |  | — |
Net realized (gains) reclassified into net income (2) |  | (290) |  |  | 82 |  |  | (208) |  |  | — |  |  | — |  |  | — |
Net change |  | (1,739) |  |  | 493 |  |  | (1,246) |  |  | — |  |  | — |  |  | — |
Foreign currency translation adjustments, net of hedges: |  |  |  |  |  |  |  |  |  |  |  |
Net unrealized gains (losses) arising during the period |  | 2,274 |  |  | 791 |  |  | 3,065 |  |  | (1,427) |  |  | (4,267) |  |  | (5,694) |
Net change |  | 2,274 |  |  | 791 |  |  | 3,065 |  |  | (1,427) |  |  | (4,267) |  |  | (5,694) |
Other comprehensive income (loss) |  | $ | 71,435 |  |  | $ | (19,713) |  |  | $ | 51,722 |  |  | $ | 87,876 |  |  | $ | (30,669) |  |  | $ | 57,207 |
(1)For the three and nine months ended September 30, 2020 and 2019, pre-tax amounts were reported in Gains on sales of AFS debt securities on the Consolidated Statement of Income. (2)For the three and nine months ended September 30, 2020 and 2019, pre-tax amounts were reported in Interest expense on the Consolidated Statement of Income.

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e526-108580 + Details
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