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Accumulated Other Comprehensive Income (Tables)
 9 Months Ended
Sep. 30, 2019
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Summary of Components of Other Comprehensive Income (Loss), Reclassifications from Accumulated Other Comprehensive Income (Loss) to Various Financial Statement Line Items and the Related Tax Effects
The components of other comprehensive income (loss), reclassifications from accumulated other comprehensive income (loss) to various financial statement line items and the related tax effects were as follows:
 
Three Months Ended September 30,
 
2019
 
2018
(In thousands)
Before Tax
 
Tax Effect
 
Net of Tax
 
Before Tax
 
Tax Effect
 
Net of Tax
Net unrealized gains (losses) on available-for-sale investment securities and interest-only strips:
 

 
 

 
 

 
 

 
 

 
 

Net unrealized gains (losses) arising during the period
$
24,236

 
$
(5,606
)
 
$
18,630

 
$
(18,086
)
 
$
4,516

 
$
(13,570
)
Reclassification of net (gains) losses from accumulated other comprehensive income (loss) to:
 
 
 
 
 
 
 
 
 
 
 
Total interest income
844

 
(205
)
 
639

 
263

 
(65
)
 
198

Net gains (losses) on investment securities
—

 
—

 
—

 
—

 
—

 
—

Other noninterest expense
(53
)
 
14

 
(39
)
 
(84
)
 
22

 
(62
)
Amounts reclassified from accumulated other comprehensive income (loss)
791

 
(191
)
 
600

 
179

 
(43
)
 
136

Net unrealized gains (losses) on available-for-sale investment securities and interest-only strips
25,027

 
(5,797
)
 
19,230

 
(17,907
)
 
4,473

 
(13,434
)
Recognized postretirement prior service cost:
 

 
 

 
 

 
 

 
 

 
 

Reclassification of amortization of prior service cost to other noninterest expense
(12
)
 
3

 
(9
)
 
(12
)
 
3

 
(9
)
Foreign currency translation adjustment(1)
(1,968
)
 
—

 
(1,968
)
 
2,899

 
—

 
2,899

Net unrealized gains (losses) on net investment hedges
2,170

 
(529
)
 
$
1,641

 
(2,537
)
 
633

 
(1,904
)
Total other comprehensive income (loss)
$
25,217

 
$
(6,323
)
 
$
18,894

 
$
(17,557
)
 
$
5,109

 
$
(12,448
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30,
 
2019
 
2018
(In thousands)
Before Tax
 
Tax Effect
 
Net of Tax
 
Before Tax
 
Tax Effect
 
Net of Tax
Net unrealized gains (losses) on available-for-sale investment securities and interest-only strips:
 

 
 

 
 

 
 

 
 

 
 

Net unrealized gains (losses) arising during the period
$
114,263

 
$
(27,519
)
 
$
86,744

 
$
(62,521
)
 
$
15,688

 
$
(46,833
)
Reclassification of net (gains) losses from accumulated other comprehensive income (loss) to:
 
 
 
 
 
 
 
 
 
 
 
Total interest income
2,495

 
(607
)
 
1,888

 
810

 
(202
)
 
608

Net gains (losses) on investment securities
(1,513
)
 
368

 
(1,145
)
 
—

 
—

 
—

Other noninterest expense
(350
)
 
86

 
(264
)
 
221

 
(55
)
 
166

Amounts reclassified from accumulated other comprehensive income (loss)
632

 
(153
)
 
479

 
1,031

 
(257
)
 
774

Net unrealized gains (losses) on available-for-sale investment securities and interest-only strips
114,895

 
(27,672
)
 
87,223

 
(61,490
)
 
15,431

 
(46,059
)
Recognized postretirement prior service cost:
 

 
 

 
 

 
 

 
 

 
 

Reclassification of amortization of prior service cost to other noninterest expense
(35
)
 
10

 
(25
)
 
(35
)
 
9

 
(26
)
Foreign currency translation adjustment(1)
5,014

 
—

 
5,014

 
(4,136
)
 
—

 
(4,136
)
Net unrealized gains (losses) on net investment hedges
(3,761
)
 
915

 
(2,846
)
 
4,637

 
(1,158
)
 
3,479

Total other comprehensive income (loss)
$
116,113

 
$
(26,747
)
 
$
89,366

 
$
(61,024
)
 
$
14,282

 
$
(46,742
)
(1)
Foreign investments are deemed to be permanent in nature and, therefore, TCF does not provide for taxes on foreign currency translation adjustments.
Schedule of Components of Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss) were as follows:
(In thousands)
Net Unrealized Gains (Losses) on Available-for-Sale Investment Securities and Interest-only Strips
 
Net Unrealized Gains (Losses) on Net
Investment
Hedges
 
Foreign
Currency
Translation
Adjustment
 
Recognized
Postretirement Prior
Service Cost
 
Total
At or For the Three Months Ended September 30, 2019
 

 
 

 
 

 
 

 
 

Balance, beginning of period
$
39,971

 
$
10,499

 
$
(13,229
)
 
$
93

 
$
37,334

Other comprehensive income (loss)
18,630

 
1,641

 
(1,968
)
 
—

 
18,303

Amounts reclassified from accumulated other comprehensive income (loss)
600

 
—

 
—

 
(9
)
 
591

Net other comprehensive income (loss)
19,230

 
1,641

 
(1,968
)
 
(9
)
 
18,894

Balance, end of period
$
59,201

 
$
12,140

 
$
(15,197
)
 
$
84

 
$
56,228

At or For the Three Months Ended September 30, 2018
 

 
 

 
 

 
 

 
 

Balance, beginning of period
$
(48,978
)
 
$
9,919

 
$
(13,878
)
 
$
126

 
$
(52,811
)
Other comprehensive income (loss)
(13,570
)
 
(1,904
)
 
2,899

 
—

 
(12,575
)
Amounts reclassified from accumulated other comprehensive income (loss)
136

 
—

 
—

 
(9
)
 
127

Net other comprehensive income (loss)
(13,434
)
 
(1,904
)
 
2,899

 
(9
)
 
(12,448
)
Balance, end of period
$
(62,412
)
 
$
8,015

 
$
(10,979
)
 
$
117

 
$
(65,259
)
At or For the Nine Months Ended September 30, 2019
 

 
 

 
 

 
 

 
 

Balance, beginning of period
$
(28,022
)
 
$
14,986

 
$
(20,211
)
 
$
109

 
$
(33,138
)
Other comprehensive income (loss)
86,744

 
(2,846
)
 
5,014

 
—

 
88,912

Amounts reclassified from accumulated other comprehensive income (loss)
479

 
—

 
—

 
(25
)
 
454

Net other comprehensive income (loss)
87,223

 
(2,846
)
 
5,014

 
(25
)
 
89,366

Balance, end of period
$
59,201

 
$
12,140

 
$
(15,197
)
 
$
84

 
$
56,228

At or For the Nine Months Ended September 30, 2018
 

 
 

 
 

 
 

 
 

Balance, beginning of period
$
(16,353
)
 
$
4,536

 
$
(6,843
)
 
$
143

 
$
(18,517
)
Other comprehensive income (loss)
(46,833
)
 
3,479

 
(4,136
)
 
—

 
(47,490
)
Amounts reclassified from accumulated other comprehensive income (loss)
774

 
—

 
—

 
(26
)
 
748

Net other comprehensive income (loss)
(46,059
)
 
3,479

 
(4,136
)
 
(26
)
 
(46,742
)
Balance, end of period
$
(62,412
)
 
$
8,015

 
$
(10,979
)
 
$
117

 
$
(65,259
)