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Changes in Accumulated Other Comprehensive Income (Loss) By Component (Tables) | 6 Months Ended
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Jun. 30, 2022
Equity [Abstract] |
Changes in Accumulated Other Comprehensive Income (Loss) | The following tables present the changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2022 and 2021. Amounts in parentheses indicate reductions to AOCI.
|  |  |  | Three Months Ended June 30, 2022
(amounts in thousands) |  |  |  | Unrealized Gains (Losses) on Available for Sale Securities (1) |  | Unrealized Gains (Losses) on Cash Flow Hedges (2) |  | Total
Balance - March 31, 2022 |  |  |  | $ | (62,548) |  |  | $ | — |  |  | $ | (62,548) |
Unrealized gains (losses) arising during period, before tax |  |  |  | (88,224) |  |  | — |  |  | (88,224) |
Income tax effect |  |  |  | 22,938 |  |  | — |  |  | 22,938 |
Other comprehensive income (loss) before reclassifications |  |  |  | (65,286) |  |  | — |  |  | (65,286) |
Reclassification adjustments for (gains) losses included in net income, before tax |  |  |  | 3,991 |  |  | — |  |  | 3,991 |
Income tax effect |  |  |  | (1,038) |  |  | — |  |  | (1,038) |
Amounts reclassified from accumulated other comprehensive income (loss) to net income |  |  |  | 2,953 |  |  | — |  |  | 2,953 |
Net current-period other comprehensive income (loss) |  |  |  | (62,333) |  |  | — |  |  | (62,333) |
Balance - June 30, 2022 |  |  |  | $ | (124,881) |  |  | $ | — |  |  | $ | (124,881) |
|  |  | Three Months Ended June 30, 2021
(amounts in thousands) |  |  | Unrealized Gains (Losses) on Available for Sale Securities (1) |  | Unrealized Gains (Losses) on Cash Flow Hedges (2) |  | Total
Balance - March 31, 2021 |  |  | $ | 6,169 |  |  | $ | (778) |  |  | $ | 5,391 |
Unrealized gains (losses) arising during period, before tax |  |  | 592 |  |  | 6 |  |  | 598 |
Income tax effect |  |  | (154) |  |  | (2) |  |  | (156) |
Other comprehensive income (loss) before reclassifications |  |  | 438 |  |  | 4 |  |  | 442 |
Reclassification adjustments for (gains) losses included in net income, before tax |  |  | (1,812) |  |  | 1,046 |  |  | (766) |
Income tax effect |  |  | 471 |  |  | (272) |  |  | 199 |
Amounts reclassified from accumulated other comprehensive income (loss) to net income |  |  | (1,341) |  |  | 774 |  |  | (567) |
Net current-period other comprehensive income (loss) |  |  | (903) |  |  | 778 |  |  | (125) |
Balance - June 30, 2021 |  |  | $ | 5,266 |  |  | $ | — |  |  | $ | 5,266 |
|  |  | Six Months Ended June 30, 2022
(amounts in thousands) |  |  | Unrealized Gains (Losses) Available for Sale Securities (1) |  | Unrealized Gains (Losses) on Cash Flow Hedges (2) |  |  |  | Total
Balance - December 31, 2021 |  |  | $ | (4,980) |  |  | $ | — |  |  |  |  | $ | (4,980) |
Unrealized gains (losses) arising during period, before tax |  |  | (167,082) |  |  | — |  |  |  |  | (167,082) |
Income tax effect |  |  | 43,441 |  |  | — |  |  |  |  | 43,441 |
Other comprehensive income (loss) before reclassifications |  |  | (123,641) |  |  | — |  |  |  |  | (123,641) |
Reclassification adjustments for (gains) losses included in net income, before tax |  |  | 5,054 |  |  | — |  |  |  |  | 5,054 |
Income tax effect |  |  | (1,314) |  |  | — |  |  |  |  | (1,314) |
Amounts reclassified from accumulated other comprehensive income (loss) to net income |  |  | 3,740 |  |  | — |  |  |  |  | 3,740 |
Net current-period other comprehensive income (loss) |  |  | (119,901) |  |  | — |  |  |  |  | (119,901) |
Balance - June 30, 2022 |  |  | $ | (124,881) |  |  | $ | — |  |  |  |  | $ | (124,881) |
|  |  | Six Months Ended June 30, 2021
(amounts in thousands) |  |  | Unrealized Gains (Losses) on Available for Sale Securities (1) |  | Unrealized Gains (Losses) on Cash Flow Hedges (2) |  | Total
Balance - December 31, 2020 |  |  | $ | 23,312 |  |  | $ | (29,076) |  |  | $ | (5,764) |
Unrealized gains (losses) arising during period, before tax |  |  | 992 |  |  | 12,321 |  |  | 13,313 |
Income tax effect |  |  | (258) |  |  | (3,204) |  |  | (3,462) |
Other comprehensive income (loss) before reclassifications |  |  | 734 |  |  | 9,117 |  |  | 9,851 |
Reclassification adjustments for (gains) losses included in net income, before tax |  |  | (25,378) |  |  | 26,972 |  |  | 1,594 |
Income tax effect |  |  | 6,598 |  |  | (7,013) |  |  | (415) |
Amounts reclassified from accumulated other comprehensive income (loss) to net income |  |  | (18,780) |  |  | 19,959 |  |  | 1,179 |
Net current-period other comprehensive income |  |  | (18,046) |  |  | 29,076 |  |  | 11,030 |
Balance - June 30, 2021 |  |  | $ | 5,266 |  |  | $ | — |  |  | $ | 5,266 |
(1)Reclassification amounts for AFS debt securities are reported as gain (loss) on sale of investment securities and amortization of unrealized losses on debt securities transferred from available-for-sale to held-to-maturity is reported within interest income on the consolidated statements of income. (2)Reclassification amounts for cash flow hedges are reported as interest expense for the applicable hedged items or loss on cash flow hedge derivative terminations on the consolidated statements of income.

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
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