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Changes In Accumulated Other Comprehensive Income (Loss) By Component
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Income (Loss) By Component CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT
The following table presents the changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2022, 2021 and 2020. Amounts in parentheses indicate reductions to accumulated other comprehensive income (loss).
(amounts in thousands)
Unrealized Gains (Losses) on AFS Securities (1)
Unrealized Gains (Losses) on Cash Flow Hedges (2)
Total
Balance, December 31, 2019$14,287 $(15,537)$(1,250)
Current period:
Unrealized gains (losses) arising during period, before tax32,273 (31,772)501 
Income tax effect(8,390)8,545 155 
Other comprehensive income (loss) before reclassifications23,883 (23,227)656 
Reclassification adjustments for losses (gains) included in net income, before tax(20,078)13,092 (6,986)
Income tax effect5,220 (3,404)1,816 
Amounts reclassified from accumulated other comprehensive income (loss) to net income(14,858)9,688 (5,170)
Net current-period other comprehensive income (loss)9,025 (13,539)(4,514)
Balance, December 31, 202023,312 (29,076)(5,764)
Current period:
Unrealized gains (losses) arising during period, before tax(6,841)12,321 5,480 
  Income tax effect1,779 (3,204)(1,425)
Other comprehensive income (loss) before reclassifications(5,062)9,117 4,055 
Reclassification adjustments for losses (gains) included in net income, before tax(31,392)26,972 (4,420)
Income tax effect8,162 (7,013)1,149 
Amounts reclassified from accumulated other comprehensive income (loss) to net income(23,230)19,959 (3,271)
Net current-period other comprehensive income (loss)(28,292)29,076 784 
Balance, December 31, 2021(4,980)— (4,980)
Current period:
Unrealized gains (losses) arising during period, before tax(236,834)— (236,834)
  Income tax effect61,577 — 61,577 
Other comprehensive income (loss) before reclassifications(175,257)— (175,257)
Reclassification adjustments for losses (gains) included in net income, before tax23,164 — 23,164 
Income, tax effect(6,023)— (6,023)
Amounts reclassified from accumulated other comprehensive income (loss) to net income17,141 — 17,141 
 Net current-period other comprehensive income (loss)(158,116)— (158,116)
Balance, December 31, 2022$(163,096)$— $(163,096)
(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. Refer to NOTE 21 – DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES for additional information on derivatives designated as cash flow hedges terminated during the year ended December 31, 2021.