XML 46 R24.htm IDEA: XBRL DOCUMENT v3.20.2
Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of Changes in AOCI
Changes in other comprehensive income are summarized as follows for the periods indicated (in thousands):
 
Three Months Ended June 30,
 
2020
 
2019
 
Before Tax
 
Tax Effect
 
Net of Tax
 
Before Tax
 
Tax Effect
 
Net of Tax
Unrealized gains (losses) on investment securities available for sale:
 

 
 

 
 

 
 
 
 
 
 
Net unrealized holding gain arising during the period
$
252,893

 
$
(64,488
)
 
$
188,405

 
$
31,736

 
$
(8,410
)
 
$
23,326

Amounts reclassified to gain on investment securities available for sale, net
(5,723
)
 
1,459

 
(4,264
)
 
(3,914
)
 
1,037

 
(2,877
)
Net change in unrealized gains (losses) on investment securities available for sale
247,170

 
(63,029
)
 
184,141

 
27,822

 
(7,373
)
 
20,449

Unrealized losses on derivative instruments:
 
 
 
 
 
 
 
 
 
 
 
Net unrealized holding loss arising during the period
(12,288
)
 
1,218

 
(11,070
)
 
(50,637
)
 
13,419

 
(37,218
)
Amounts reclassified to interest expense on borrowings
10,009

 
(2,507
)
 
7,502

 
(1,688
)
 
447

 
(1,241
)
Net change in unrealized losses on derivative instruments
(2,279
)
 
(1,289
)
 
(3,568
)
 
(52,325
)
 
13,866

 
(38,459
)
Other comprehensive income (loss)
$
244,891

 
$
(64,318
)
 
$
180,573

 
$
(24,503
)
 
$
6,493

 
$
(18,010
)
 
Six Months Ended June 30,
 
2020
 
2019
 
Before Tax
 
Tax Effect
 
Net of Tax
 
Before Tax
 
Tax Effect
 
Net of Tax
Unrealized gains (losses) on investment securities available for sale:
 

 
 

 
 

 
 
 
 
 
 
Net unrealized holding gain (loss) arising during the period
$
(33,743
)
 
$
8,988

 
$
(24,755
)
 
$
61,147

 
$
(16,204
)
 
$
44,943

Amounts reclassified to gain on investment securities available for sale, net
(7,253
)
 
1,849

 
(5,404
)
 
(8,231
)
 
2,181

 
(6,050
)
Net change in unrealized gains (losses) on investment securities available for sale
(40,996
)
 
10,837

 
(30,159
)
 
52,916

 
(14,023
)
 
38,893

Unrealized losses on derivative instruments:
 
 
 
 
 
 
 
 
 
 
 
Net unrealized holding loss arising during the period
(122,239
)
 
30,355

 
(91,884
)
 
(78,766
)
 
20,873

 
(57,893
)
Amounts reclassified to interest expense on borrowings
14,565

 
(3,714
)
 
10,851

 
(4,411
)
 
1,169

 
(3,242
)
Net change in unrealized losses on derivative instruments
(107,674
)
 
26,641

 
(81,033
)
 
(83,177
)
 
22,042

 
(61,135
)
Other comprehensive loss
$
(148,670
)
 
$
37,478

 
$
(111,192
)
 
$
(30,261
)
 
$
8,019

 
$
(22,242
)
Schedule of the Categories of AOCI and Changes Therein
The categories of AOCI and changes therein are presented below for the periods indicated (in thousands):
 
Unrealized Gain (Loss) on
Investment Securities
Available for Sale
 
Unrealized Gain (Loss)
on Derivative
Instruments
 
Total
Balance at December 31, 2019
$
28,185

 
(60,012
)
 
$
(31,827
)
Other comprehensive loss
(30,159
)
 
(81,033
)
 
(111,192
)
Balance at June 30, 2020
$
(1,974
)
 
$
(141,045
)
 
$
(143,019
)
 
 
 
 
 
 
Balance at December 31, 2018
$
4,194

 
$
679

 
$
4,873

Other comprehensive loss
38,893

 
(61,135
)
 
(22,242
)
Balance at June 30, 2019
$
43,087

 
$
(60,456
)
 
$
(17,369
)