XML 40 R25.htm IDEA: XBRL DOCUMENT
v3.24.3

Shareholders' Equity and Other Comprehensive Income (Loss) (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Equity [Abstract] |
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 and nine months ended September 30, 2024 and 2023.
Changes in Accumulated Other Comprehensive Income (Loss) by Component (Net of Income Taxes)
(in thousands) | Net unamortized holding (losses) gains on AFS investment securities transferred to HTM |  | Net unrealized gains (losses) on investment securities AFS(1) |  | Net unrealized gains (losses) on cash flow hedges(1) |  | Total
Balance at June 30, 2024 | $ | (521,780) |  |  | $ | (410,553) |  |  | $ | (118,041) |  |  | $ | (1,050,374) |
Other comprehensive income (loss) before reclassifications | — |  |  | 193,466 |  |  | 40,189 |  |  | 233,655 |
Amounts reclassified from AOCI | 15,044 |  |  | — |  |  | 27,889 |  |  | 42,933 |
Net current period other comprehensive income (loss) | 15,044 |  |  | 193,466 |  |  | 68,078 |  |  | 276,588 |
Balance at September 30, 2024 | $ | (506,736) |  |  | $ | (217,087) |  |  | $ | (49,963) |  |  | $ | (773,786) |
Balance at June 30, 2023 | $ | — |  |  | $ | (1,188,087) |  |  | $ | (207,088) |  |  | $ | (1,395,175) |
Other comprehensive income (loss) before reclassifications | — |  |  | (291,190) |  |  | (29,580) |  |  | (320,770) |
Amounts reclassified from AOCI | — |  |  | — |  |  | 36,541 |  |  | 36,541 |
Net current period other comprehensive income (loss) | — |  |  | (291,190) |  |  | 6,961 |  |  | (284,229) |
Balance at September 30, 2023 | $ | — |  |  | $ | (1,479,277) |  |  | $ | (200,127) |  |  | $ | (1,679,404) |
Balance at December 31, 2023 | $ | — |  |  | $ | (998,259) |  |  | $ | (118,814) |  |  | $ | (1,117,073) |
Other comprehensive income (loss) before reclassifications | (537,434) |  |  | 586,495 |  |  | (16,949) |  |  | 32,112 |
Amounts reclassified from AOCI | 30,698 |  |  | 194,677 |  |  | 85,800 |  |  | 311,175 |
Net current period other comprehensive income (loss) | (506,736) |  |  | 781,172 |  |  | 68,851 |  |  | 343,287 |
Balance at September 30, 2024 | $ | (506,736) |  |  | $ | (217,087) |  |  | $ | (49,963) |  |  | $ | (773,786) |
Balance at December 31, 2022 | $ | — |  |  | $ | (1,220,263) |  |  | $ | (221,854) |  |  | $ | (1,442,117) |
Other comprehensive income (loss) before reclassifications | — |  |  | (258,235) |  |  | (77,338) |  |  | (335,573) |
Amounts reclassified from AOCI | — |  |  | (779) |  |  | 99,065 |  |  | 98,286 |
Net current period other comprehensive income (loss) | — |  |  | (259,014) |  |  | 21,727 |  |  | (237,287) |
Balance at September 30, 2023 | $ | — |  |  | $ | (1,479,277) |  |  | $ | (200,127) |  |  | $ | (1,679,404) |
(1) For September 30, 2024, the ending balance in net unrealized gains (losses) on investment securities available for sale and cash flow hedges includes unrealized losses of $10.2 million and $11.6 million, respectively, related to residual tax effects remaining in OCI primarily due to previously established deferred tax asset valuation allowances in 2010 and 2011 and state rate changes. For September 30, 2023, 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.

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 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 -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration