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Accumulated Other Comprehensive Income
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Income Accumulated Other Comprehensive Income
The components of other comprehensive income (loss) are as follows:
 
2019
 
2018
Three Months Ended September 30,
Before
Tax
 
Tax
Effect
 
Net of
Tax
 
Before
Tax
 
Tax
Effect
 
Net of
Tax
Change in net unrealized gain (loss) on available for sale securities:
 
 
 
 
 
 
 
 
 
 
 
Net unrealized gain (loss)
$
51

 
$
(12
)
 
$
39

 
$
(43
)
 
$
11

 
$
(32
)
Other reclassifications included in other revenue
(1
)
 
—

 
(1
)
 
—

 
—

 
—

Amortization of amounts previously recorded upon transfer to held to maturity
from available for sale
10

 
(3
)
 
7

 
8

 
(2
)
 
6

Other comprehensive income (loss)
$
60

 
$
(15
)
 
$
45

 
$
(35
)
 
$
9

 
$
(26
)
 
2019
 
2018
Nine Months Ended September 30,
Before
Tax
 
Tax
Effect
 
Net of
Tax
 
Before
Tax
 
Tax
Effect
 
Net of
Tax
Change in net unrealized gain (loss) on available for sale securities:
 
 
 
 
 
 
 
 
 
 
 
Net unrealized gain (loss)
$
496

 
$
(119
)
 
$
377

 
$
(184
)
 
$
45

 
$
(139
)
Other reclassifications included in other revenue
(5
)
 
1

 
(4
)
 
—

 
—

 
—

Amortization of amounts previously recorded upon transfer to held to maturity
from available for sale
30

 
(7
)
 
23

 
26

 
(6
)
 
20

Other comprehensive income (loss)
$
521

 
$
(125
)
 
$
396

 
$
(158
)
 
$
39

 
$
(119
)
AOCI balances are as follows:
 
Total AOCI
Balance at June 30, 2018
$
(278
)
Available for sale securities:
 
Net unrealized gain (loss)
(32
)
Held to maturity securities:
 
Amortization of amounts previously recorded upon transfer to held to maturity from available for sale
6

Balance at September 30, 2018
$
(304
)
 
 
Balance at June 30, 2019
$
99

Available for sale securities:
 
Net unrealized gain (loss), excluding transfers to available for sale from held to maturity
39

Other reclassifications included in other revenue
(1
)
Held to maturity securities:
 
Amortization of amounts previously recorded upon transfer to held to maturity from available for sale
7

Balance at September 30, 2019
$
144


 
Total AOCI
Balance at December 31, 2017
$
(152
)
Adoption of accounting standards
(33
)
Available for sale securities:
 
Net unrealized gain (loss)
(139
)
Held to maturity securities:
 
Amortization of amounts previously recorded upon transfer to held to maturity from available for sale
20

Balance at September 30, 2018
$
(304
)
 
 
Balance at December 31, 2018
$
(252
)
Available for sale securities:
 
Net unrealized gain (loss), excluding transfers to available for sale from held to maturity
358

Net unrealized gain on securities transferred to available for sale from held to maturity (1)
19

Other reclassifications included in other revenue
(4
)
Held to maturity securities:
 
Amortization of amounts previously recorded upon transfer to held to maturity from available for sale
23

Balance at September 30, 2019
$
144


(1) As part of the adoption of ASU 2017-12, in the first quarter of 2019, the Company made a one-time election to transfer a portion of its HTM securities to AFS. The transfer resulted in a net of tax increase to AOCI of $19 million. See Notes 2 and 4 for additional discussion on the transfer of HTM securities to AFS.