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Shareholders' Equity and Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Schedule of Dividends Payable
The following table presents dividends declared related to common stock. For information related to preferred stock dividends, see "Part II - Item 8. Financial Statements and Supplementary Data - Note 11 - Shareholders' Equity and Other Comprehensive Income" to the consolidated financial statements of Synovus' 2020 Form 10-K.
Three Months Ended March 31,
20212020
Cash dividends declared per common share$0.33 $0.33 
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) by Component (Net of Income Taxes) The following tables illustrate activity within the balances in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2021 and 2020.
Changes in Accumulated Other Comprehensive Income (Loss) by Component (Net of Income Taxes)
(in thousands)
Net unrealized gains (losses) on investment securities available for sale(1)
Net unrealized gains (losses) on cash flow hedges(1)
Post-retirement unfunded health benefitTotal
Balance, December 31, 2020$105,669 $52,966 $— $158,635 
Other comprehensive income (loss) before reclassifications(122,460)(21,183)— (143,643)
Amounts reclassified from AOCI1,475 (1,189)— 286 
Net current period other comprehensive income (loss)(120,985)(22,372)— (143,357)
Balance at March 31, 2021$(15,316)$30,594 $— $15,278 
Balance, December 31, 2019$83,666 $(18,487)$462 $65,641 
Other comprehensive income (loss) before reclassifications117,330 80,501 — 197,831 
Amounts reclassified from AOCI(6,472)(89)— (6,561)
Net current period other comprehensive income (loss)110,858 80,412 — 191,270 
Balance at March 31, 2020$194,524 $61,925 $462 $256,911 
(1)    For all periods presented, the ending balance in net unrealized gains (losses) on investment securities available for sale and cash flow hedges includes unrealized losses of $13.3 million and $12.1 million, respectively, related to residual tax effects remaining in OCI due to previously established deferred tax asset valuation allowances in 2010 and 2011. In accordance with ASC 740-20-45-11(b), under the portfolio approach, these unrealized losses are realized at the time the entire portfolio is sold or disposed.