XML 50 R39.htm IDEA: XBRL DOCUMENT
v3.24.2

Accumulated Other Comprehensive Income (Loss) (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Equity [Abstract] |
Schedule of AOCI | The following table summarizes the changes within each classification of AOCI, net of tax:
(dollars in thousands) | Unrealized Gains and Losses on Available- for-Sale Debt Securities |  | Unrealized Gains and Losses on Held-to- Maturity Securities |  | Gains and Losses on Hedges |  | Defined Benefit Pension Plans |  | Total
Three Months Ended June 30, 2024 |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | (685,969) |  |  | $ | (92,251) |  |  | $ | (1,408) |  |  | $ | — |  |  | $ | (779,628) |
Other comprehensive income (loss) before reclassifications | (13,347) |  |  | — |  |  | (5,215) |  |  | — |  |  | (18,562) |
Amounts reclassified from AOCI to income (1) | (2) |  |  | 3,265 |  |  | 3,519 |  |  | — |  |  | 6,782 |
Balance at end of period | $ | (699,318) |  |  | $ | (88,986) |  |  | $ | (3,104) |  |  | $ | — |  |  | $ | (791,408) |
Three Months Ended June 30, 2023 |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | (611,260) |  |  | $ | (106,966) |  |  | $ | 9,872 |  |  | $ | (4) |  |  | $ | (708,358) |
Other comprehensive income (loss) before reclassifications | (90,121) |  |  | — |  |  | 9,840 |  |  | — |  |  | (80,281) |
Amounts reclassified from AOCI to income (1) | (12) |  |  | 3,822 |  |  | (23,808) |  |  | 4 |  |  | (19,994) |
Balance at end of period | $ | (701,393) |  |  | $ | (103,144) |  |  | $ | (4,096) |  |  | $ | — |  |  | $ | (808,633) |
Six Months Ended June 30, 2024 |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | (652,518) |  |  | $ | (95,472) |  |  | $ | 9,181 |  |  | $ | — |  |  | $ | (738,809) |
Other comprehensive income (loss) before reclassifications | (46,810) |  |  | — |  |  | (19,420) |  |  | — |  |  | (66,230) |
Amounts reclassified from AOCI to income (1) | 10 |  |  | 6,486 |  |  | 7,135 |  |  | — |  |  | 13,631 |
Balance at end of period | $ | (699,318) |  |  | $ | (88,986) |  |  | $ | (3,104) |  |  | $ | — |  |  | $ | (791,408) |
Six Months Ended June 30, 2023 |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | (642,346) |  |  | $ | (112,664) |  |  | $ | (31,549) |  |  | $ | 137 |  |  | $ | (786,422) |
Other comprehensive income (loss) before reclassifications | (62,902) |  |  | 1,325 |  |  | 45,825 |  |  | — |  |  | (15,752) |
Amounts reclassified from AOCI to income (1) | 3,855 |  |  | 8,195 |  |  | (18,372) |  |  | (137) |  |  | (6,459) |
Balance at end of period | $ | (701,393) |  |  | $ | (103,144) |  |  | $ | (4,096) |  |  | $ | — |  |  | $ | (808,633) |
(1)See table below for details about reclassifications to income.
Schedule of Reclassifications out of AOCI | The following table summarizes the amounts reclassified out of each component of AOCI for the three months ended June 30, 2024 and 2023:
| Three Months Ended June 30, |  |
(dollars in thousands) | 2024 |  | 2023 |  |
Details about AOCI Components | Amount Reclassified from AOCI |  | Affected Line Item in the Statement of Income
Unrealized gains and losses on available-for-sale securities | $ | 2 |  |  | $ | 17 |  |  | Debt securities gains (losses), net
| — |  |  | (5) |  |  | Income tax (expense) benefit
| $ | 2 |  |  | $ | 12 |  |  | Net income
Amortization of unrealized losses on held-to-maturity securities transferred from available-for-sale | $ | (4,376) |  |  | $ | (5,122) |  |  | Interest income (expense)
| 1,111 |  |  | 1,300 |  |  | Income tax (expense) benefit
| $ | (3,265) |  |  | $ | (3,822) |  |  | Net income
Gains and losses on hedges Interest rate contracts | $ | (4,747) |  |  | $ | 32,112 |  |  | Interest income (expense)
| 1,228 |  |  | (8,304) |  |  | Income tax (expense) benefit
| $ | (3,519) |  |  | $ | 23,808 |  |  | Net income
Amortization of defined benefit pension items |  |  |  |  |
Actuarial gains (losses) | $ | — |  |  | $ | (6) |  |  | Salaries and employee benefits
| — |  |  | 2 |  |  | Income tax (expense) benefit
| $ | — |  |  | $ | (4) |  |  | Net income
Total reclassifications for the period | $ | (6,782) |  |  | $ | 19,994 |  |  | Net income
The following table summarizes the amounts reclassified out of each component of AOCI for the six months ended June 30, 2024 and 2023:
| Six Months Ended June 30, |  |
(dollars in thousands) | 2024 |  | 2023 |  |
Details about AOCI Components | Amount Reclassified from AOCI |  | Affected Line Item in the Statement of Income
Unrealized gains and losses on available-for-sale securities | $ | (14) |  |  | $ | (5,199) |  |  | Debt securities gains (losses), net
| 4 |  |  | 1,344 |  |  | Income tax (expense) benefit
| $ | (10) |  |  | $ | (3,855) |  |  | Net income
Amortization of unrealized losses on held-to-maturity securities transferred from available-for-sale | $ | (8,694) |  |  | $ | (10,951) |  |  | Interest income (expense)
| 2,208 |  |  | 2,756 |  |  | Income tax (expense) benefit
| $ | (6,486) |  |  | $ | (8,195) |  |  | Net income
Gains and losses on hedges Interest rate contracts | $ | (9,624) |  |  | $ | 24,820 |  |  | Interest income (expense)
| 2,489 |  |  | (6,448) |  |  | Income tax (expense) benefit
| $ | (7,135) |  |  | $ | 18,372 |  |  | Net income
Amortization of defined benefit pension items |  |  |  |  |
Actuarial gains (losses) | $ | — |  |  | $ | 182 |  |  | Salaries and employee benefits
| — |  |  | (45) |  |  | Income tax (expense) benefit
| $ | — |  |  | $ | 137 |  |  | Net income
Total reclassifications for the period | $ | (13,631) |  |  | $ | 6,459 |  |  | Net income

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration