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Shareholders' Equity
 9 Months Ended
Sep. 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 SecuritiesUnamortized Gain on Held-to-Maturity SecuritiesNet Unrealized Gain (Loss) on Cash Flow HedgesTotal
Balance, June 30, 2024
$(129,292)$9,335 $(2,182)$(122,139)
Net change38,033 (619)5,890 43,304 
Balance, September 30, 2024
$(91,259)$8,716 $3,708 $(78,835)
Balance, June 30, 2023
$(134,533)$11,861 $(793)$(123,465)
Net change(41,257)(647)(2,460)(44,364)
Balance, September 30, 2023
$(175,790)$11,214 $(3,253)$(167,829)
Nine months ended
($ in thousands)Net Unrealized Gain (Loss) on Available-for-Sale Debt 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 change21,585 (1,864)2,459 22,180 
Balance, September 30, 2024
$(91,259)$8,716 $3,708 $(78,835)
Balance, December 31, 2022
$(144,549)$13,185 $1,032 $(130,332)
Net change(31,241)(1,971)(4,285)(37,497)
Balance, September 30, 2023
$(175,790)$11,214 $(3,253)$(167,829)
The following table presents the pre-tax and after-tax changes in the components of other comprehensive income (loss):
Three months ended September 30,
20242023
($ in thousands)Pre-taxTax effectAfter-taxPre-taxTax effectAfter-tax
Change in unrealized gain (loss) on available-for-sale securities $50,576 $12,543 $38,033 $(55,156)$(13,899)$(41,257)
Reclassification of gain on held-to-maturity securities(a)
(823)(204)(619)(865)(218)(647)
Change in unrealized gain (loss) on cash flow hedges7,303 1,811 5,492 (3,588)(904)(2,684)
Reclassification of loss on cash flow hedges(b)
529 131 398 299 75 224 
Total other comprehensive loss$57,585 $14,281 $43,304 $(59,310)$(14,946)$(44,364)
Nine months ended September 30,
20242023
($ in thousands)Pre-taxTax effectAfter-taxPre-taxTax effectAfter-tax
Change in unrealized gain (loss) on available-for-sale securities$28,703 $7,118 $21,585 $(41,385)$(10,429)$(30,956)
Reclassification of gain on sale of available-for-sale securities(a)
— — — (381)(96)(285)
Reclassification of gain on held-to-maturity securities(a)
(2,479)(615)(1,864)(2,635)(664)(1,971)
Change in unrealized loss on cash flow hedges1,828 453 1,375 (6,346)(1,599)(4,747)
Reclassification of loss on cash flow hedges(b)
1,441 357 1,084 616 154 462 
Total other comprehensive gain (loss)$29,493 $7,313 $22,180 $(50,131)$(12,634)$(37,497)
(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.