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Shareholders' Equity | 6 Months Ended
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Jun. 30, 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 Gain (Loss) on Available-for-Sale Securities |  | Unamortized Gain on Held-to-Maturity Securities |  | Net Unrealized Gain (Loss) on Cash Flow Hedges |  | Total
Balance, March 31, 2024 | $ | (123,917) |  |  | $ | 9,954 |  |  | $ | (1,428) |  |  | $ | (115,391) |
Net change | (5,375) |  |  | (619) |  |  | (754) |  |  | (6,748) |
Balance, June 30, 2024 | $ | (129,292) |  |  | $ | 9,335 |  |  | $ | (2,182) |  |  | $ | (122,139) |
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) |
Six months ended
($ in thousands) | Net Unrealized Gain (Loss) on Available-for-Sale Debt Securities |  | Unamortized Gain on Held-to-Maturity Securities |  | Net Unrealized Gain (Loss) on Cash Flow Hedges |  | Total
Balance, December 31, 2023 | $ | (112,844) |  |  | $ | 10,580 |  |  | $ | 1,249 |  |  | $ | (101,015) |
Net change | (16,448) |  |  | (1,245) |  |  | (3,431) |  |  | (21,124) |
Balance, June 30, 2024 | $ | (129,292) |  |  | $ | 9,335 |  |  | $ | (2,182) |  |  | $ | (122,139) |
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) |
The following table presents the pre-tax and after-tax changes in the components of other comprehensive income (loss):
| Three months ended June 30,
| 2024 |  | 2023
($ in thousands) | Pre-tax |  | Tax effect |  | After-tax |  | Pre-tax |  | Tax effect |  | After-tax
Change in unrealized loss on available-for-sale securities | $ | (7,148) |  |  | $ | (1,773) |  |  | $ | (5,375) |  |  | $ | (18,285) |  |  | $ | (4,608) |  |  | $ | (13,677) |
Reclassification of gain on held-to-maturity securities(a) | (823) |  |  | (204) |  |  | (619) |  |  | (918) |  |  | (232) |  |  | (686) |
Change in unrealized loss on cash flow hedges | (1,563) |  |  | (388) |  |  | (1,175) |  |  | (4,463) |  |  | (1,125) |  |  | (3,338) |
Reclassification of loss on cash flow hedges(b) | 560 |  |  | 139 |  |  | 421 |  |  | 282 |  |  | 71 |  |  | 211 |
Total other comprehensive loss | $ | (8,974) |  |  | $ | (2,226) |  |  | $ | (6,748) |  |  | $ | (23,384) |  |  | $ | (5,894) |  |  | $ | (17,490) |
| Six months ended June 30,
| 2024 |  | 2023
($ in thousands) | Pre-tax |  | Tax effect |  | After-tax |  | Pre-tax |  | Tax effect |  | After-tax
Change in unrealized gain (loss) on available-for-sale securities | $ | (21,872) |  |  | $ | (5,424) |  |  | $ | (16,448) |  |  | $ | 13,771 |  |  | $ | 3,470 |  |  | $ | 10,301 |
Reclassification of gain on sale of available-for-sale securities(a) | — |  |  | — |  |  | — |  |  | (381) |  |  | (96) |  |  | (285) |
Reclassification of gain on held-to-maturity securities(a) | (1,656) |  |  | (411) |  |  | (1,245) |  |  | (1,770) |  |  | (446) |  |  | (1,324) |
Change in unrealized loss on cash flow hedges | (5,475) |  |  | (1,358) |  |  | (4,117) |  |  | (2,758) |  |  | (695) |  |  | (2,063) |
Reclassification of loss on cash flow hedges(b) | 912 |  |  | 226 |  |  | 686 |  |  | 318 |  |  | 80 |  |  | 238 |
Total other comprehensive gain (loss) | $ | (28,091) |  |  | $ | (6,967) |  |  | $ | (21,124) |  |  | $ | 9,180 |  |  | $ | 2,313 |  |  | $ | 6,867 |
(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.

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