Supplemental Comprehensive Income Disclosures

12 Months Ended

Dec. 31, 2022

Supplemental Comprehensive Income Disclosures [Abstract]

Supplemental Comprehensive Income Disclosures

Supplemental Comprehensive Income Disclosures

The following table identifies the related tax effects allocated to each component of other comprehensive income in the Consolidated Statements of Comprehensive Income as of December 31. Reclassification adjustments related to securities available for sale are included in the “Net securities gains” line in the Consolidated Statements of Income.

	2022						2021						2020
	Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount		Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount		Pretax Amount		Tax (Expense) Benefit		Net of Tax Amount
	(dollars in thousands)
Unrealized gains (losses) on securities:
Unrealized holding (losses) gains on securities arising during the period	$	(131,838)	$	27,686	$	(104,152)	$	(29,892)	$	6,278	$	(23,614)	$	19,981	$	(4,196)	$	15,785
Reclassification adjustment for gains on securities included in net income	(2)		—		(2)		(16)		3		(13)		(70)		15		(55)
Total unrealized (losses) gains on securities	(131,840)		27,686		(104,154)		(29,908)		6,281		(23,627)		19,911		(4,181)		15,730
Unrealized gains (losses) on derivatives:
Unrealized holding losses on derivatives arising during the period	(31,573)		6,630		(24,943)		(3,356)		705		(2,651)		(4,467)		938		(3,529)
Total unrealized losses on derivatives	(31,573)		6,630		(24,943)		(3,356)		705		(2,651)		(4,467)		938		(3,529)
Unrealized gains (losses) for postretirement obligations:
Prior service cost	76		(16)		60		76		(16)		60		(537)		113		(424)
Net gain (loss)	143		(30)		113		275		(58)		217		(155)		32		(123)
Total unrealized gains (losses) for postretirement obligations	219		(46)		173		351		(74)		277		(692)		145		(547)
Total other comprehensive (loss) income	$	(163,194)	$	34,270	$	(128,924)	$	(32,913)	$	6,912	$	(26,001)	$	14,752	$	(3,098)	$	11,654

The following table details the change in components of OCI for the year ended December 31:

	2022
	Securities Available for Sale		Derivatives		Post-Retirement Obligation		Accumulated Other Comprehensive Income
	(dollars in thousands)
Balance at January 1	$	(3,317)	$	(5,546)	$	95	$	(8,768)
Other comprehensive loss before reclassification adjustment	(104,152)		(24,943)				(129,095)
Amounts reclassified from accumulated other comprehensive income (loss)	(2)		—				(2)
Prior service cost					60		60
Net gain					113		113
Net other comprehensive loss during the period	(104,154)		(24,943)		173		(128,924)
Balance at December 31	$	(107,471)	$	(30,489)	$	268	$	(137,692)
	2021
	Securities Available for Sale		Derivatives		Post-Retirement Obligation		Accumulated Other Comprehensive Income
	(dollars in thousands)
Balance at January 1	$	20,310	$	(2,895)	$	(182)	$	17,233
Other comprehensive income before reclassification adjustment	(23,614)		(2,651)				(26,265)
Amounts reclassified from accumulated other comprehensive income (loss)	(13)		—				(13)
Prior service cost					60		60
Net gain					217		217
Net other comprehensive income during the period	(23,627)		(2,651)		277		(26,001)
Balance at December 31	$	(3,317)	$	(5,546)	$	95	$	(8,768)
	2020
	Securities Available for Sale		Derivatives		Post-Retirement Obligation		Accumulated Other Comprehensive Income
	(dollars in thousands)
Balance at January 1	$	4,580	$	634	$	365	$	5,579
Other comprehensive income before reclassification adjustment	15,785		(3,529)				12,256
Amounts reclassified from accumulated other comprehensive income (loss)	(55)		—				(55)
Prior service cost					(424)		(424)
Net gain					(123)		(123)
Net other comprehensive income during the period	15,730		(3,529)		(547)		11,654
Balance at December 31	$	20,310	$	(2,895)	$	(182)	$	17,233