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CHANGE IN ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
 6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
CHANGE IN ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
18. CHANGE IN ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
Accumulated other comprehensive income includes unrealized gains and losses on available-for-sale investments, unrealized gains and losses on cash flow hedges, as well as unrecognized prior service costs, transition costs, and actuarial gains and losses on defined benefit pension plans. Changes to accumulated other comprehensive (loss) income are presented, net of tax, as a component of stockholders’ equity. Amounts that are reclassified out of accumulated other comprehensive (loss) income are recorded on the unaudited Consolidated Statement of Income either as a gain or loss. Changes to accumulated other comprehensive (loss) income by component are shown, net of taxes, in the following tables for the period indicated:
(Dollars in thousands)Net change in
investment
securities
available-for-sale		Net change
in investment securities
held-to-maturity		Net
change in
defined
benefit
plan
Net change in
fair value of
derivatives
used for cash
flow hedges (1)
Net change in equity method investmentsTotal
Balance, March 31, 2022$(309,791)$147 $(4,718)$229 $353 $(313,780)
Other comprehensive (loss) income(2)
(85,422)(119,824)(1)— 188 (205,059)
Less: Amounts reclassified from accumulated other comprehensive (loss) income— 28 (27)(40)— (39)
Net current-period other comprehensive (loss) income (85,422)(119,796)(28)(40)188 (205,098)
Balance, June 30, 2022$(395,213)$(119,649)$(4,746)$189 $541 $(518,878)
Balance, March 31, 2021$(9,957)$260 $(4,804)$535 $264 $(13,702)
Other comprehensive income (loss)24,104 — (9)— — 24,095 
Less: Amounts reclassified from accumulated other comprehensive income (loss)— (28)(15)(112)— (155)
Net current-period other comprehensive income (loss)24,104 (28)(24)(112)— 23,940 
Balance, June 30, 2021$14,147 $232 $(4,828)$423 $264 $10,238 
(1)Cash flow hedges were terminated as of April 1, 2020
(2)Includes $119.8 million, net of tax, of unrealized losses on transferred investment securities from available-for-sale to held-to-maturity.
(Dollars in thousands)Net change in
investment
securities
available-for-sale		Net change
in investment securities
held-to-maturity		Net
change in
defined
benefit
plan
Net change in
fair value of
derivatives
used for cash
flow hedges (1)
Net change in equity method investmentsTotal
Balance, December 31, 2021$(33,873)$175 $(4,691)$268 $353 $(37,768)
Other comprehensive (loss) income(2)
(361,340)(119,768)— 1 188 (480,919)
Less: Amounts reclassified from accumulated other comprehensive (loss) income— (56)(55)(80)— (191)
Net current-period other comprehensive (loss) income(361,340)(119,824)(55)(79)188 (481,110)
Balance, June 30, 2022$(395,213)$(119,649)$(4,746)$189 $541 $(518,878)
Balance, December 31, 2020$59,882 $276 $(4,788)$646 $(9)$56,007 
Other comprehensive income (loss)(45,485)— (9)— 273 (45,221)
Less: Amounts reclassified from accumulated other comprehensive (loss) income(250)(44)(31)(223)— (548)
Net current-period other comprehensive (loss) income(45,735)(44)(40)(223)273 (45,769)
Balance, June 30, 2021$14,147 $232 $(4,828)$423 $264 $10,238 
(1)Cash flow hedges were terminated as of April 1, 2020
(2)Includes $119.8 million, net of tax, of unrealized losses on transferred investment securities from available-for-sale to held-to-maturity.
The unaudited Consolidated Statements of Income were impacted by components of other comprehensive income as shown in the tables below:
Three Months Ended June 30,Affected line item in unaudited Consolidated Statements of Income
(Dollars in thousands)20222021
Net unrealized holding gains on securities transferred between available-for-sale and held-to-maturity:
Amortization of net unrealized gains to income during the period37 (37)Interest and dividends on investment securities
Income taxes(9)9 Income tax provision
Net of tax28 (28)
Amortization of defined benefit pension plan-related items:
Prior service credits
(19)(22)
Actuarial (gains) losses(17)2 
Total before tax(36)(20)Salaries, benefits and other compensation
Income taxes9 5 Income tax provision
Net of tax(27)(15)
Net unrealized gains on terminated cash flow hedges:
Amortization of net unrealized gains to income during the period(53)(147)Interest and fees on loans and leases
Income taxes13 35 Income tax provision
Net of tax(40)(112)
Total reclassifications$(39)$(155)
 Six Months Ended June 30,Affected line item in unaudited Consolidated Statements of Operations
 20222021 
Securities available-for-sale:
Realized gains on securities transactions$— $(329)Securities gains, net
Income taxes— 79 Income tax provision
Net of tax— (250)
Net unrealized holding gains on securities transferred between available-for-sale and held-to-maturity:
Amortization of net unrealized gains to income during the period(74)(58)Interest and dividends on investment securities
Income taxes18 14 Income tax provision
Net of tax(56)(44)
Amortization of defined benefit pension plan-related items:
Prior service credits
(38)(44)
Actuarial losses (gains)(34)3 
Total before tax(72)(41)Salaries, benefits and other compensation
Income taxes17 10 Income tax provision
Net of tax(55)(31)
Net unrealized gains on terminated cash flow hedges:
Amortization of net unrealized gains to income during the period(105)(293)Interest and fees on loans and leases
Income taxes25 70 Income tax provision
Net of tax(80)(223)
Total reclassifications$(191)$(548)