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Other Comprehensive Income (Loss) | 12 Months Ended
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Dec. 31, 2023
Other Comprehensive Income (Loss) |
Other Comprehensive Income (Loss) | NOTE 27 Other Comprehensive Income (Loss) The following tables present a reconciliation of the changes in the components of other comprehensive income and loss for the periods indicated, including the amount of tax (expense) benefit allocated to each component: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31,
​ |  | 2023 |  | 2022 |  | 2021
​ | ​ | ​ | ​ | Tax | ​ | ​ | ​ | ​ | ​ | Tax | ​ | ​ | ​ | ​ | ​ | Tax | ​ | ​
​ | ​ | Pre-Tax | ​ | (Expense) | ​ | After-Tax | ​ | Pre-Tax | ​ | (Expense) | ​ | After-Tax | ​ | Pre-Tax | ​ | (Expense) | ​ | After-Tax
(dollars in thousands) | ​ | Amount | ​ | Benefit | ​ | Amount | ​ | Amount | ​ | Benefit | ​ | Amount | ​ | Amount | ​ | Benefit | ​ | Amount
Debt Securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Change in fair value | ​ | $ | 58,868 | ​ | $ | (14,775) | ​ | $ | 44,093 | ​ | $ | (125,634) | ​ | $ | 31,534 | ​ | $ | (94,100) | ​ | $ | (19,433) | ​ | $ | 4,878 | ​ | $ | (14,555)
Less: reclassification adjustment from amortization of securities transferred from AFS to HTM (1) | ​ | ​ | (328) | ​ | ​ | 82 | ​ | ​ | (246) | ​ | ​ | (382) | ​ | ​ | 96 | ​ | ​ | (286) | ​ | ​ | (326) | ​ | ​ | 82 | ​ | ​ | (244)
Less: reclassification adjustment for net realized losses (2) | ​ | ​ | (24,643) | ​ | ​ | 6,185 | ​ | ​ | (18,458) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Net change | ​ | ​ | 33,897 | ​ | ​ | (8,508) | ​ | ​ | 25,389 | ​ | ​ | (126,016) | ​ | ​ | 31,630 | ​ | ​ | (94,386) | ​ | ​ | (19,759) | ​ | ​ | 4,960 | ​ | ​ | (14,799)
Cash Flow Hedges: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Change in fair value | ​ | ​ | 176 | ​ | ​ | (59) | ​ | ​ | 117 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Less: reclassified AOCI gain (loss) into interest expense (3) | ​ | ​ | (473) | ​ | ​ | 119 | ​ | ​ | (354) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Net change | ​ | ​ | (297) | ​ | ​ | 60 | ​ | ​ | (237) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Other Derivatives: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Change in fair value | ​ | ​ | (241) | ​ | ​ | 75 | ​ | ​ | (166) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (125) | ​ | ​ | 31 | ​ | ​ | (94)
Less: reclassified AOCI gain (loss) into interest expense (4) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Net change | ​ | ​ | (241) | ​ | ​ | 75 | ​ | ​ | (166) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (125) | ​ | ​ | 31 | ​ | ​ | (94)
Other comprehensive income (loss) | ​ | $ | 33,359 | ​ | $ | (8,373) | ​ | $ | 24,986 | ​ | $ | (126,016) | ​ | $ | 31,630 | ​ | $ | (94,386) | ​ | $ | (19,884) | ​ | $ | 4,991 | ​ | $ | (14,893)
(1) | Reclassified into taxable and/or exempt from federal income taxes interest income on investment securities on the consolidated statements of income. Refer to Note 5 (Investment Securities) for further details.
(2) | Reclassified into net gains (losses) on investment securities in the consolidated statements of income. Refer to Note 5 (Investment Securities) for further details.
(3) | Reclassified into interest expense on short-term borrowings on the consolidated statements of income. Refer to Note 25 (Derivative Instruments) for further details.
(4) | Reclassified into interest income on loans, including fees and/or interest income on taxable investment securities on the consolidated statements of income. Refer to Note 25 (Derivative Instruments) for further details.
​ ​ The following table presents the changes in each component of AOCI for the periods indicated: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Net Unrealized | ​ | Net Unrealized | ​ | ​
​ | ​ | Net Unrealized | ​ | Gains (Losses) on | ​ | Gains (Losses) | ​ | ​ | ​
​ | ​ | Gains (Losses) on | ​ | Cash Flow | ​ | on Other | ​ | ​
(dollars in thousands) |  | Debt Securities (1) |  | Hedges (1) |  | Derivatives (1) |  | AOCI (1)
Balance at December 31, 2020 | ​ | $ | 10,638 | ​ | $ | — | ​ | $ | — | ​ | $ | 10,638
Other comprehensive income (loss) before reclassifications | ​ | ​ | (14,555) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (14,555)
Less: Amounts reclassified from AOCI | ​ | ​ | (244) | ​ | ​ | — | ​ | ​ | (94) | ​ | ​ | (338)
Other comprehensive income (loss) | ​ | ​ | (14,799) | ​ | ​ | — | ​ | ​ | (94) | ​ | ​ | (14,893)
Balance at December 31, 2021 | ​ | ​ | (4,161) | ​ | ​ | — | ​ | ​ | (94) | ​ | ​ | (4,255)
Other comprehensive income (loss) before reclassifications | ​ | ​ | (94,100) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (94,100)
Less: Amounts reclassified from AOCI | ​ | ​ | (286) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (286)
Other comprehensive income (loss) | ​ | ​ | (94,386) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (94,386)
Balance at December 31, 2022 | ​ | ​ | (98,547) | ​ | ​ | — | ​ | ​ | (94) | ​ | ​ | (98,641)
Other comprehensive income (loss) before reclassifications | ​ | ​ | 44,093 | ​ | ​ | 117 | ​ | ​ | (166) | ​ | ​ | 44,044
Less: Amounts reclassified from AOCI | ​ | ​ | (18,704) | ​ | ​ | (354) | ​ | ​ | — | ​ | ​ | (19,058)
Other comprehensive income (loss) | ​ | ​ | 25,389 | ​ | ​ | (237) | ​ | ​ | (166) | ​ | ​ | 24,986
Balance at December 31, 2023 | ​ | $ | (73,158) | ​ | $ | (237) | ​ | $ | (260) | ​ | $ | (73,655)
(1) | All amounts net of tax.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//220/tableOfContent + Details
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