XML 31 R16.htm IDEA: XBRL DOCUMENT
v3.23.2

SHAREHOLDERS’ EQUITY | 6 Months Ended
--- | ---
Jun. 30, 2022
Equity [Abstract] |
SHAREHOLDERS’ EQUITY | SHAREHOLDERS’ EQUITY Shareholders’ Equity Accumulated Other Comprehensive Income (Loss) The following tables present the changes in accumulated other comprehensive income after-tax by component:
Three months ended
(in thousands) | Net Unrealized Gain (Loss) on Available-for-Sale Securities |  | Unamortized Gain (Loss) on Held-to-Maturity Securities |  | Net Unrealized Gain (Loss) on Cash Flow Hedges |  | Total
Balance, March 31, 2023 | $ | (120,856) |  |  | $ | 12,547 |  |  | $ | 2,334 |  |  | $ | (105,975) |
Net change | $ | (13,677) |  |  | $ | (686) |  |  | $ | (3,127) |  |  | $ | (17,490) |
Balance, June 30, 2023 | $ | (134,533) |  |  | $ | 11,861 |  |  | $ | (793) |  |  | $ | (123,465) |
Balance, March 31, 2022 | $ | (74,279) |  |  | $ | 15,177 |  |  | $ | (158) |  |  | $ | (59,260) |
Net change | $ | (49,242) |  |  | $ | (701) |  |  | $ | 722 |  |  | $ | (49,221) |
Balance, June 30, 2022 | $ | (123,521) |  |  | $ | 14,476 |  |  | $ | 564 |  |  | $ | (108,481) |
Six months ended
(in thousands) | Net Unrealized Gain (Loss) on Available-for-Sale Debt Securities |  | Unamortized Gain (Loss) on Held-to-Maturity Securities |  | Net Unrealized Gain (Loss) on Cash Flow Hedges |  | Total
Balance, December 31, 2022 | $ | (144,549) |  |  | $ | 13,185 |  |  | $ | 1,032 |  |  | $ | (130,332) |
Net change | 10,016 |  |  | (1,324) |  |  | (1,825) |  |  | 6,867 |
Balance, June 30, 2023 | $ | (134,533) |  |  | $ | 11,861 |  |  | $ | (793) |  |  | $ | (123,465) |
Balance, December 31, 2021 | $ | 5,271 |  |  | $ | 15,684 |  |  | $ | (2,178) |  |  | $ | 18,777 |
Net change | $ | (128,595) |  |  | $ | (1,405) |  |  | $ | 2,742 |  |  | $ | (127,258) |
Transfer from available-for-sale to held-to-maturity | $ | (197) |  |  | $ | 197 |  |  | $ | — |  |  | $ | — |
Balance, June 30, 2022 | $ | (123,521) |  |  | $ | 14,476 |  |  | $ | 564 |  |  | $ | (108,481) |
The following tables present the pre-tax and after-tax changes in the components of other comprehensive income:
| Three months ended June 30,
| 2023 |  | 2022
(in thousands) | Pre-tax |  | Tax effect |  | After-tax |  | Pre-tax |  | Tax effect |  | After-tax
Change in unrealized loss on available-for-sale securities | $ | (18,285) |  |  | $ | (4,608) |  |  | $ | (13,677) |  |  | $ | (65,832) |  |  | $ | (16,590) |  |  | $ | (49,242) |
Reclassification of gain on held-to-maturity securities(a) | (918) |  |  | (232) |  |  | (686) |  |  | (937) |  |  | (236) |  |  | (701) |
Change in unrealized gain (loss) on cash flow hedges | (4,463) |  |  | (1,125) |  |  | (3,338) |  |  | 715 |  |  | 180 |  |  | 535 |
Reclassification of loss on cash flow hedges(b) | 282 |  |  | 71 |  |  | 211 |  |  | 250 |  |  | 63 |  |  | 187 |
Total other comprehensive loss | $ | (23,384) |  |  | $ | (5,894) |  |  | $ | (17,490) |  |  | $ | (65,804) |  |  | $ | (16,583) |  |  | $ | (49,221) |
| Six months ended June 30,
| 2023 |  | 2022
(in thousands) | Pre-tax |  | Tax effect |  | After-tax |  | Pre-tax |  | Tax effect |  | After-tax
Change in unrealized gain (loss) on available-for-sale securities | $ | 13,771 |  |  | $ | 3,470 |  |  | $ | 10,301 |  |  | $ | (171,918) |  |  | $ | (43,323) |  |  | $ | (128,595) |
Reclassification of gain on sale of available-for-sale securities(a) | (381) |  |  | (96) |  |  | (285) |  |  | — |  |  | — |  |  | — |
Reclassification of gain on held-to-maturity securities(a) | (1,770) |  |  | (446) |  |  | (1,324) |  |  | (1,879) |  |  | (474) |  |  | (1,405) |
Change in unrealized gain (loss) on cash flow hedges | (2,758) |  |  | (695) |  |  | (2,063) |  |  | 3,056 |  |  | 770 |  |  | 2,286 |
Reclassification of loss on cash flow hedges(b) | 318 |  |  | 80 |  |  | 238 |  |  | 609 |  |  | 153 |  |  | 456 |
Total other comprehensive income (loss) | $ | 9,180 |  |  | $ | 2,313 |  |  | $ | 6,867 |  |  | $ | (170,132) |  |  | $ | (42,874) |  |  | $ | (127,258) |
(a)The pre-tax amount is reported in noninterest income/expense in the Consolidated Statements of Operations
(b)The pre-tax amount is reported in interest income/expense in the Consolidated Statements of Income.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for equity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-14 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481062/946-235-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481062/946-235-50-2 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481004/946-505-50-6 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480237/815-40-50-6 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//505/tableOfContent Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-14 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-14 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-16 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-18 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-18 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-18 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration