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Accumulated Other Comprehensive Income (Loss) (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss) ("AOCI") for the Company for the periods shown were as follows:
($ in thousands)September 30, 2024December 31, 2023
Unrealized loss on securities available for sale$(331,538)$(400,720)
Deferred tax asset 76,751 92,767 
Net unrealized loss on securities available for sale(254,787)(307,953)
Postretirement plans liability(25)(100)
Deferred tax asset23 
Net postretirement plans liability(19)(77)
Total accumulated other comprehensive loss$(254,806)$(308,030)
The following tables disclose the changes in AOCI for the three and nine months ended September 30, 2024 and 2023 (all amounts are net of tax):
For the Three Months Ended September 30, 2024
($ in thousands)Unrealized Loss on
Securities
Available for Sale
Postretirement Plans Asset
(Liability)
Total
Beginning balance$(315,153)$(38)$(315,191)
Other comprehensive income before reclassifications60,366 — 60,366 
Amounts reclassified from accumulated other comprehensive income
— 19 19 
Net current period other comprehensive income60,366 19 60,385 
Ending balance$(254,787)$(19)$(254,806)
For the Three Months Ended September 30, 2023
($ in thousands)Unrealized Loss on
Securities
Available for Sale
Postretirement Plans Asset
(Liability)
Total
Beginning balance$(338,251)$109 $(338,142)
Other comprehensive loss before reclassifications(62,644)— (62,644)
Amounts reclassified from accumulated other comprehensive income
— 34 34 
Net current period other comprehensive (loss) income(62,644)34 (62,610)
Ending balance$(400,895)$143 $(400,752)
For the Nine Months Ended September 30, 2024
($ in thousands)Unrealized Loss on
Securities
Available for Sale
Postretirement Plans Asset
(Liability)
Total
Beginning balance$(307,953)$(77)$(308,030)
Other comprehensive income before reclassifications52,274 — 52,274 
Amounts reclassified from accumulated other comprehensive income
892 58 950 
Net current-period other comprehensive income53,166 58 53,224 
Ending balance$(254,787)$(19)$(254,806)
For the Nine Months Ended September 30, 2023
($ in thousands)Unrealized Loss on
Securities
Available for Sale
Postretirement Plans Asset
(Liability)
Total
Beginning balance $(342,017)$42 $(341,975)
Other comprehensive loss before reclassifications(58,878)— (58,878)
Amounts reclassified from accumulated other comprehensive income
— 101 101 
Net current-period other comprehensive (loss) income(58,878)101 (58,777)
Ending balance$(400,895)$143 $(400,752)