Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

The following tables summarize the components of accumulated other comprehensive income (loss) at September 30, 2020 and 2019, including changes during the preceding three and nine month periods as well as any reclassifications out of accumulated other comprehensive income (loss):


($ in Thousands)	Investment Securities Available For Sale		Defined Benefit Pension and Postretirement Obligations		Accumulated Other Comprehensive Income (Loss)
Balance December 31, 2019	$	3,989	$	(37,172)	$	(33,183)
Other comprehensive income (loss) before reclassifications	53,900		—		53,900
Amounts reclassified from accumulated other comprehensive income (loss)
Investment securities losses (gains), net	(9,222)		—		(9,222)
Personnel expense	—		(111)		(111)

Other expense	—		2,923		2,923


Interest income	2,628		—		2,628
Income tax (expense) benefit	(11,852)		(1,088)		(12,939)
Net other comprehensive income (loss) during period	35,454		1,724		37,178
Balance September 30, 2020	$	39,443	$	(35,448)	$	3,995

Balance December 31, 2018	$	(75,643)	$	(49,330)	$	(124,972)
Other comprehensive income (loss) before reclassifications	123,139		—		123,139
Amounts reclassified from accumulated other comprehensive income (loss)
Investment securities losses (gains), net	(5,931)		—		(5,931)
Personnel expense	—		(111)		(111)
Other expense	—		357		357


Interest income	279		—		279
Income tax (expense) benefit	(29,651)		(62)		(29,713)
Net other comprehensive income (loss) during period	87,836		184		88,020
Balance September 30, 2019	$	12,194	$	(49,146)	$	(36,953)


($ in Thousands)	Investments Securities Available For Sale		Defined Benefit Pension and Post Retirement Obligations		Accumulated Other Comprehensive Income (Loss)
Balance June 30, 2020	$	34,101	$	(36,021)	$	(1,920)
Other comprehensive income (loss) before reclassifications	5,840		—		5,840
Amounts reclassified from accumulated other comprehensive income (loss)
Investment securities losses (gains), net	(7)		—		(7)
Personnel expense	—		(36)		(36)
Other expense	—		1,313		1,313


Interest income	1,296		—		1,296
Income tax (expense) benefit	(1,786)		(703)		(2,489)
Net other comprehensive income (loss) during period	5,342		573		5,916
Balance September 30, 2020	$	39,443	$	(35,448)	$	3,995

Balance June 30, 2019	$	(9,773)	$	(49,290)	$	(59,063)
Other comprehensive income (loss) before reclassifications	33,173		—		33,173
Amounts reclassified from accumulated other comprehensive income (loss)
Investment securities loss (gain), net	(3,788)		—		(3,788)
Personnel expense	—		(36)		(36)
Other expense	—		229		229


Interest income	(8)		—		(8)
Income tax (expense) benefit	(7,410)		(49)		(7,458)
Net other comprehensive income (loss) during period	21,967		144		22,111
Balance September 30, 2019	$	12,194	$	(49,146)	$	(36,953)