XML 24 R12.htm IDEA: XBRL DOCUMENT v3.20.2

Changes in Accumulated Other Comprehensive Income (Loss) By Component

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Changes in Accumulated Other Comprehensive Income (Loss) By Component

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT

The following tables present the changes in accumulated other comprehensive income (loss) by component for the three and nine months ended September 30, 2020 and 2019. All amounts are presented net of tax. Amounts in parentheses indicate reductions to AOCI.

												Three Months Ended September 30, 2020
(amounts in thousands)												Unrealized Gains (Losses) on Available for Sale Securities (1)						Unrealized Gains (Losses) on Cash Flow Hedges (2)						Total
Balance - June 30, 2020												$	27,525					$	(37,490)					$	(9,965)
Unrealized gains (losses) arising during period, before tax												(1,090)						580						(510)
Income tax effect												283						(151)						132
Other comprehensive income (loss) before reclassifications												(807)						429						(378)
Reclassification adjustments for (gains) losses included in net income, before tax												(11,707)						4,400						(7,307)
Income tax effect												3,044						(1,145)						1,899
Amounts reclassified from accumulated other comprehensive income (loss) to net income												(8,663)						3,255						(5,408)
Net current-period other comprehensive income (loss)												(9,470)						3,684						(5,786)
Balance - September 30, 2020												$	18,055					$	(33,806)					$	(15,751)

									Nine Months Ended September 30, 2020
(amounts in thousands)									Unrealized Gains (Losses) Available for Sale Securities (1)						Unrealized  Gains (Losses) on Cash Flow  Hedges (2)												Total
Balance - December 31, 2019									$	14,287					$	(15,537)											$	(1,250)
Unrealized gains (losses) arising during period, before tax									25,127						(33,486)												(8,359)
Income tax effect									(6,533)						8,884												2,351
Other comprehensive income (loss) before reclassifications									18,594						(24,602)												(6,008)
Reclassification adjustments for (gains) losses included in net income, before tax									(20,035)						8,596												(11,439)
Income tax effect									5,209						(2,263)												2,946
Amounts reclassified from accumulated other comprehensive income (loss) to net income									(14,826)						6,333												(8,493)
Net current-period other comprehensive income (loss)									3,768						(18,269)												(14,501)
Balance - September 30, 2020									$	18,055					$	(33,806)											$	(15,751)

(1)Reclassification amounts for available for sale debt securities are reported as gain or loss on sale of investment securities on the consolidated statements of income.

(2)Reclassification amounts for cash flow hedges are reported as interest expense for the applicable hedged items on the consolidated statements of income.

									Three Months Ended September 30, 2019
(amounts in thousands)									Unrealized Gains (Losses) on Available for Sale Securities (1)						Unrealized Gains (Losses) on Cash Flow Hedges (2)						Total
Balance - June 30, 2019									$	6,802					$	(16,795)					$	(9,993)
Unrealized gains (losses) arising during period, before tax									7,858						(5,163)						2,695
Income tax effect									(2,043)						1,342						(701)
Other comprehensive income (loss) before reclassifications									5,815						(3,821)						1,994
Reclassification adjustments for losses (gains) included in net income, before tax									(1,001)						764						(237)
Income tax effect									260						(198)						62
Amounts reclassified from accumulated other comprehensive income (loss) to net income									(741)						566						(175)
Net current-period other comprehensive income (loss)									5,074						(3,255)						1,819
Balance - September 30, 2019									$	11,876					$	(20,050)					$	(8,174)

									Nine Months Ended September 30, 2019
(amounts in thousands)									Unrealized Gains (Losses) on Available for Sale Securities (1)						Unrealized Gains (Losses) on Cash Flow Hedges (2)						Total
Balance - December 31, 2018									$	(21,741)					$	(922)					$	(22,663)
Unrealized gains (losses) arising during period, before tax									46,430						(26,204)						20,226
Income tax effect									(12,072)						6,813						(5,259)
Other comprehensive income (loss) before reclassifications									34,358						(19,391)						14,967
Reclassification adjustments for losses (gains) included in net income, before tax									(1,001)						355						(646)
Income tax effect									260						(92)						168
Amounts reclassified from accumulated other comprehensive income (loss) to net income									(741)						263						(478)
Net current-period other comprehensive income									33,617						(19,128)						14,489
Balance - September 30, 2019									$	11,876					$	(20,050)					$	(8,174)

(1)Reclassification amounts for available for sale debt securities are reported as gain or loss on sale of investment securities on the consolidated statements of income.

(2)Reclassification amounts for cash flow hedges are reported as interest expense for the applicable hedged items on the consolidated statements of income.

X

- Definition

The entire disclosure for any adjustments made during the period to avoid double counting in comprehensive income items displayed as part of net income that also had been displayed as part of other comprehensive income in that period or earlier periods. These adjustments include reclassifications to net income of items in accumulated comprehensive income, such as deferred gains or losses on qualifying hedges when hedged item reported in net income, holding gains or losses on available-for-sale securities transferred into trading category, unrealized holding gains or losses on debt securities transferred from held-to-maturity category into available-for-sale category and accumulated translation adjustment attributable to foreign subsidiary or investment in foreign entity upon sale or liquidation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-URI http://asc.fasb.org/topic&trid=2134417

+ Details

Name:	us-gaap_DisclosureOfReclassificationAmountTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration