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Accumulated Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2020
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 March 31,
 
2020
 
2019
(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
$
150,744

 
$
(35,607
)
 
$
115,137

 
$
48,628

 
$
(11,836
)
 
$
36,792

Reclassification of net (gains) losses from accumulated other comprehensive income (loss) to:
 
 
 
 
 
 
 
 
 
 
 
Total interest income
754

 
(177
)
 
577

 
1,370

 
(333
)
 
1,037

Net gains (losses) on investment securities
—

 
—

 
—

 
(447
)
 
109

 
(338
)
Other noninterest expense
173

 
(40
)
 
133

 
(162
)
 
39

 
(123
)
Amounts reclassified from accumulated other comprehensive income (loss)
927

 
(217
)
 
710

 
761

 
(185
)
 
576

Net unrealized gains (losses) on available-for-sale investment securities and interest-only strips
151,671

 
(35,824
)
 
115,847

 
49,389

 
(12,021
)
 
37,368

Recognized postretirement prior service cost:
 

 
 

 
 

 
 

 
 

 
 

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

 
(9
)
 
(12
)
 
4

 
(8
)
Foreign currency translation adjustment(1)
(14,426
)
 
—

 
(14,426
)
 
3,567

 
—

 
3,567

Net unrealized gains (losses) on net investment hedges
13,695

 
(3,214
)
 
$
10,481

 
(3,050
)
 
742

 
(2,308
)
Total other comprehensive income (loss)
$
150,928

 
$
(39,035
)
 
$
111,893

 
$
49,894

 
$
(11,275
)
 
$
38,619

(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 March 31, 2020
 

 
 

 
 

 
 

 
 

Balance, beginning of period
$
56,098

 
$
9,800

 
$
(11,697
)
 
$
76

 
$
54,277

Other comprehensive income (loss)
115,137

 
10,481

 
(14,426
)
 
—

 
111,192

Amounts reclassified from accumulated other comprehensive income (loss)
710

 
—

 
—

 
(9
)
 
701

Net other comprehensive income (loss)
115,847

 
10,481

 
(14,426
)
 
(9
)
 
111,893

Balance, end of period
$
171,945

 
$
20,281

 
$
(26,123
)
 
$
67

 
$
166,170

At or For the Three Months Ended March 31, 2019
 

 
 

 
 

 
 

 
 

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

 
$
(20,211
)
 
$
109

 
$
(33,138
)
Other comprehensive income (loss)
36,792

 
(2,308
)
 
3,567

 
—

 
38,051

Amounts reclassified from accumulated other comprehensive income (loss)
576

 
—

 
—

 
(8
)
 
568

Net other comprehensive income (loss)
37,368

 
(2,308
)
 
3,567

 
(8
)
 
38,619

Balance, end of period
$
9,346

 
$
12,678

 
$
(16,644
)
 
$
101

 
$
5,481