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Shareholders' Equity
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Shareholders' Equity SHAREHOLDERS’ EQUITY
Shareholders’ Equity

Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in accumulated other comprehensive income (loss) after-tax by component:
Three months ended
($ in thousands)Net Unrealized Loss on Available-for-Sale SecuritiesUnamortized Gain on Held-to-Maturity SecuritiesNet Unrealized Gain (Loss) on Cash Flow HedgesTotal
Balance, December 31, 2023$(112,844)$10,580 $1,249 $(101,015)
Net change(11,073)(626)(2,677)(14,376)
Balance, March 31, 2024$(123,917)$9,954 $(1,428)$(115,391)
Balance, December 31, 2022$(144,549)$13,185 $1,032 $(130,332)
Net change23,693 (638)1,302 24,357 
Balance, March 31, 2023$(120,856)$12,547 $2,334 $(105,975)
The following table presents the pre-tax and after-tax changes in the components of other comprehensive income (loss):
Three months ended March 31,
20242023
($ in thousands)Pre-taxTax effectAfter-taxPre-taxTax effectAfter-tax
Change in unrealized gain (loss) on available-for-sale securities$(14,725)$(3,652)$(11,073)$32,056 $8,078 $23,978 
Reclassification of gain on sale of available-for-sale securities(a)
— — — (381)(96)(285)
Reclassification of gain on held-to-maturity securities(a)
(832)(206)(626)(852)(214)(638)
Change in unrealized gain (loss) on cash flow hedges(3,912)(970)(2,942)1,705 430 1,275 
Reclassification of loss on cash flow hedges(b)
353 88 265 36 27 
Total other comprehensive income (loss)$(19,116)$(4,740)$(14,376)$32,564 $8,207 $24,357 
(a)The pre-tax amount is reported in noninterest income/expense in the Consolidated Statements of Income.
(b)The pre-tax amount is reported in interest income/expense in the Consolidated Statements of Income.