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Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss) ("AOCI") for the Company for the periods shows were as follows:
($ in thousands)June 30, 2024December 31, 2023
Unrealized loss on securities available for sale$(410,088)$(400,720)
Deferred tax asset 94,935 92,767 
Net unrealized loss on securities available for sale(315,153)(307,953)
Postretirement plans liability(50)(100)
Deferred tax asset12 23 
Net postretirement plans liability(38)(77)
Total accumulated other comprehensive loss$(315,191)$(308,030)
The following tables disclose the changes in AOCI for the three and six months ended June 30, 2024 and 2023 (all amounts are net of tax):
For the Three Months Ended June 30, 2024
($ in thousands)Unrealized Loss on
Securities
Available for Sale
Postretirement Plans Asset
(Liability)
Total
Beginning balance$(321,915)$(58)$(321,973)
Other comprehensive income before reclassifications6,619 — 6,619 
Amounts reclassified from accumulated other comprehensive income
143 20 163 
Net current period other comprehensive income6,762 20 6,782 
Ending balance$(315,153)$(38)$(315,191)
For the Three Months Ended June 30, 2023
($ in thousands)Unrealized Loss on
Securities
Available for Sale
Postretirement Plans Asset
(Liability)
Total
Beginning balance$(314,109)$75 $(314,034)
Other comprehensive loss before reclassifications(24,142)— (24,142)
Amounts reclassified from accumulated other comprehensive income
— 34 34 
Net current period other comprehensive (loss) income(24,142)34 (24,108)
Ending balance$(338,251)$109 $(338,142)
For the Six Months Ended June 30, 2024
($ in thousands)Unrealized Loss on
Securities
Available for Sale
Postretirement Plans Asset
(Liability)
Total
Beginning balance$(307,953)$(77)$(308,030)
Other comprehensive loss before reclassifications(8,092)— (8,092)
Amounts reclassified from accumulated other comprehensive income
892 39 931 
Net current-period other comprehensive (loss) income(7,200)39 (7,161)
Ending balance$(315,153)$(38)$(315,191)
For the Six Months Ended June 30, 2023
($ in thousands)Unrealized Loss on
Securities
Available for Sale
Postretirement Plans Asset
(Liability)
Total
Beginning balance $(342,017)$42 $(341,975)
Other comprehensive income before reclassifications3,766 — 3,766 
Amounts reclassified from accumulated other comprehensive income
— 67 67 
Net current-period other comprehensive income3,766 67 3,833 
Ending balance$(338,251)$109 $(338,142)