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Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2022

Accumulated Other Comprehensive Income [Abstract]

Schedule of Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The following table presents the components of other comprehensive income (loss) for the years ended December 31: 

			Before-Tax Amount						Tax Effect						Net of Tax Amount
			(dollars in thousands)
2022
Unrealized gain (loss) on securities			$	(403,606)					$	91,437					$	(312,169)
Reclassification adjustment for securities gains (losses) included in net income(1)			(27)						7						(20)
Amortization of net unrealized gains (losses) on AFS transferred to HTM(2)			(57,509)						13,026						(44,483)
Net unrealized holding gains (loss) arising during the period on interest rate derivatives used in cash flow hedges			(81,400)						18,437						(62,963)
Reclassification adjustment for net loss (gain) realized in net income on interest rate derivatives used in cash flow hedges			7,761						(1,757)						6,004
Unrecognized pension and postretirement income (cost)			825						(181)						644
Amortization of net unrecognized pension and postretirement items(3)			128						(28)						100
Total Other Comprehensive Income (Loss)			$	(533,828)					$	120,941					$	(412,887)
2021
Unrealized gain (loss) on securities			$	(23,222)					$	5,274					$	(17,948)
Reclassification adjustment for securities gains (losses) included in net income(1)			(33,516)						7,611						(25,905)
Amortization of net unrealized gains (losses) on AFS transferred to HTM(2)			3,485						(795)						2,690
Net unrealized holding gain (loss) arising during the period on interest rate derivatives used in cash flow hedges			(3,452)						782						(2,670)
Reclassification adjustment for net loss (gain) realized in net income on interest rate derivatives used in cash flow hedges			(2,776)						629						(2,147)
Unrecognized pension and postretirement income (cost)			9,147						(2,003)						7,144
Amortization of net unrecognized pension and postretirement items(3)			1,480						(324)						1,156
Total Other Comprehensive Income (Loss)			$	(48,854)					$	11,174					$	(37,680)
2020
Unrealized gain (loss) on securities			$	85,188					$	(19,537)					$	65,651
Reclassification adjustment for securities gains (losses) included in net income(1)			(3,053)						694						(2,359)
Amortization of net unrealized gains (losses) on AFS transferred to HTM(2)(4)			4,360						(912)						3,448
Unrecognized pension and postretirement income (cost)			(3,242)						710						(2,532)
Amortization of net unrecognized pension and postretirement items(3)			1,311						(291)						1,020
Total Other Comprehensive Income (Loss)			$	84,564					$	(19,336)					$	65,228

(1) Amounts reclassified out of AOCI/(loss). Before-tax amounts included in "Investment securities gains, net" on the consolidated statements of income. See "Note 4 - Investment Securities," for additional information.

(2) Amounts reclassified out of AOCI/(loss). Before-tax amounts included as a reduction to "Interest Income" on the consolidated statements of income. See "Note 4, - Investment Securities," for additional information.

(3) Amounts reclassified out of AOCI/(loss). Before-tax amounts included in "Salaries and employee benefits" on the consolidated statements of income. See "Note 17 - Employee Benefit Plans," for additional information.    

(4) Before-Tax amount includes a $3.7 million reclassification of unrealized loss related to the early adoption of ASU 2019-04.

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents changes in each component of accumulated other comprehensive income (loss), net of tax, for the years ended December 31: 

			Unrealized Gains (Losses) on Investment Securities						Net Unrealized (Loss) Gain on Interest Rate Derivatives used in Cash Flow Hedges						Unrecognized Pension and Postretirement Plan Income (Costs)						Total
			(dollars in thousands)
Balance at December 31, 2019			$	14,864					$	—					$	(15,001)					$	(137)
Other comprehensive income (loss) before reclassifications			65,651						—						(2,532)						63,119
Amounts reclassified from AOCI gain (loss)			(2,359)						—						1,020						(1,339)
Amortization of net unrealized gains (losses) on AFS securities transferred to HTM			3,448						—						—						3,448
Balance at December 31, 2020			81,604						—						(16,513)						65,091
OCI before reclassifications			(17,948)						—						7,144						(10,804)
Amounts reclassified from AOCI			(25,905)						(4,817)						1,156						(29,566)
Amortization of net unrealized gains (losses) on AFS securities transferred to HTM			2,690						—						—						2,690
Balance at December 31, 2021			40,441						(4,817)						(8,213)						27,411
OCI before reclassifications			(312,169)						(62,963)						644						(374,488)
Amounts reclassified from AOCI			(20)						6,004						100						6,084
Amortization of net unrealized gains (losses) on AFS securities transferred to HTM			(44,483)						—						—						(44,483)
Balance at December 31, 2022			$	(316,231)					$	(61,776)					$	(7,469)					$	(385,476)

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Accumulated Other Comprehensive Income [Abstract]

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Tabular disclosure of the components of accumulated other comprehensive income (loss).

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
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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.

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