Accumulated Other Comprehensive (Loss) Income (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Activity within accumulated other comprehensive income, net of tax

The following table illustrates the activity within accumulated other comprehensive (loss) income by component, net of tax:

 

(Dollars in thousands)	(Losses) Gains on Available-For-Sale and Transferred Debt Securities		(Losses) Gains on Derivatives Used for Cash Flow Hedges	Total
Balance at January 1, 2022	$	27,038	321	27,359
Other comprehensive (loss) income before reclassifications	(357,192)		2,892	(354,300)
Reclassification adjustments for gains and transfers included in net income	(572)		(1)	(573)
Reclassification adjustments for amortization included in net income for transferred securities	302		—	302
Net current period other comprehensive (loss) income	(357,462)		2,891	(354,571)
Balance at June 30, 2022	$	(330,424)	3,212	(327,212)
Balance at January 1, 2023	$	(474,338)	5,546	(468,792)
Other comprehensive income before reclassifications	35,749		1,410	37,159
Reclassification adjustments for gains and transfers included in net income	24		(1,560)	(1,536)
Reclassification adjustments for amortization included in net income for transferred securities	2,382		—	2,382
Net current period other comprehensive (loss) income	38,155		(150)	38,005
Balance at June 30, 2023	$	(436,183)	5,396	(430,787)