XML 62 R40.htm IDEA: XBRL DOCUMENT
v3.24.3

Accumulated Other Comprehensive Income (Loss) (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Summary of activity in accumulated other comprehensive income (loss) | The following tables summarize the components of accumulated other comprehensive income (loss) at September 30, 2024 and 2023, including changes during the preceding three and nine month periods as well as any reclassifications out of accumulated other comprehensive income (loss):
($ in thousands) | AFS Investment Securities | Cash Flow Hedge Derivatives | Defined Benefit Pension and Postretirement Obligations | Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2023 | $ | (148,641) |  | $ | 3,080 |  | $ | (25,535) |  | $ | (171,096) |
Other comprehensive income before reclassifications | 49,844 |  | — |  | — |  | 49,844 |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |
Investment securities losses, net | 197 |  | — |  | — |  | 197 |
HTM investment securities, net, at amortized cost(a) | 6,329 |  | — |  | — |  | 6,329 |
Other assets / accrued expenses and other liabilities | — |  | (639) |  | — |  | (639) |
Interest income | — |  | 14,297 |  | — |  | 14,297 |
Personnel expense | — |  | — |  | (217) |  | (217) |
Other expense | — |  | — |  | (21) |  | (21) |
Income tax (expense) benefit | (14,060) |  | 5,213 |  | (1,594) |  | (10,440) |
Net other comprehensive income (loss) during period | 42,309 |  | 18,871 |  | (1,832) |  | 59,348 |
Balance September 30, 2024 | $ | (106,332) |  | $ | 21,951 |  | $ | (27,367) |  | $ | (111,748) |
Balance December 31, 2022 | $ | (233,192) |  | $ | 3,360 |  | $ | (42,968) |  | $ | (272,799) |
Other comprehensive (loss) before reclassifications | (69,512) |  | — |  | — |  | (69,512) |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |
HTM investment securities, net, at amortized cost(a) | 6,883 |  | — |  | — |  | 6,883 |
Other assets / accrued expenses and other liabilities | — |  | (33,976) |  | — |  | (33,976) |
Interest income | — |  | 9,097 |  | — |  | 9,097 |
Personnel expense | — |  | — |  | (244) |  | (244) |
Other expense | — |  | — |  | 15 |  | 15 |
Income tax benefit | 15,879 |  | 5,488 |  | 31 |  | 21,398 |
Net other comprehensive (loss) during period | (46,751) |  | (19,391) |  | (198) |  | (66,340) |
Balance September 30, 2023 | $ | (279,943) |  | $ | (16,032) |  | $ | (43,166) |  | $ | (339,140) |
(a) Amortization of net unrealized losses on AFS securities transferred to HTM securities.
($ in thousands) | AFS Investment Securities | Cash Flow Hedge Derivatives | Defined Benefit Pension and Postretirement Obligations | Accumulated Other Comprehensive Income (Loss)
Balance June 30, 2024 | $ | (176,139) |  | $ | (15,768) |  | $ | (27,307) |  | $ | (219,214) |
Other comprehensive income before reclassifications | 90,858 |  | — |  | — |  | 90,858 |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |
HTM investment securities, net, at amortized cost(a) | 2,147 |  | — |  | — |  | 2,147 |
Other assets / accrued expenses and other liabilities | — |  | 25,609 |  | — |  | 25,609 |
Interest income | — |  | 4,705 |  | — |  | 4,705 |
Personnel expense | — |  | — |  | (73) |  | (73) |
Other expense | — |  | — |  | (7) |  | (7) |
Income tax (expense) benefit | (23,198) |  | 7,405 |  | 20 |  | (15,773) |
Net other comprehensive income (loss) during period | 69,807 |  | 37,718 |  | (60) |  | 107,466 |
Balance September 30, 2024 | $ | (106,332) |  | $ | 21,951 |  | $ | (27,367) |  | $ | (111,748) |
Balance June 30, 2023 | $ | (239,273) |  | $ | (9,270) |  | $ | (43,099) |  | $ | (291,642) |
Other comprehensive (loss) before reclassifications | (56,924) |  | — |  | — |  | (56,924) |
Amounts reclassified from accumulated other comprehensive income (loss): |  |  |  |
HTM investment securities, net, at amortized cost(a) | 2,327 |  | — |  | — |  | 2,327 |
Other assets / accrued expenses and other liabilities | — |  | (13,592) |  | — |  | (13,592) |
Interest income | — |  | 4,516 |  | — |  | 4,516 |
Personnel expense | — |  | — |  | (81) |  | (81) |
Other expense | — |  | — |  | (7) |  | (7) |
Income tax benefit | 13,928 |  | 2,315 |  | 23 |  | 16,266 |
Net other comprehensive (loss) during period | (40,669) |  | (6,762) |  | (66) |  | (47,497) |
Balance September 30, 2023 | $ | (279,943) |  | $ | (16,032) |  | $ | (43,166) |  | $ | (339,140) |
(a) Amortization of net unrealized losses on AFS securities transferred to HTM securities.

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
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