Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2022

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

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)The following table summarizes the components of accumulated other comprehensive income (loss) at December 31, 2022, 2021, and 2020 respectively, including changes during the years then ended as well as any reclassifications out of accumulated other comprehensive income (loss):

($ in Thousands)	Investment Securities AFS		Cash Flow Hedge Derivatives		Defined Benefit Pension and Postretirement Obligations		Accumulated Other Comprehensive Income (Loss)
Balance, December 31, 2019	$	3,989	$	—	$	(37,172)	$	(33,183)
Other comprehensive income before reclassifications	55,628		—		7,780		63,408
Amounts reclassified from accumulated other comprehensive income (loss)
Investment securities (gains), net	(9,222)		—		—		(9,222)
HTM investment securities, net, at amortized cost	3,359		—		—		3,359
Personnel expense	—		—		(148)		(148)
Other expense	—		—		3,897		3,897
Income tax (expense)	(12,429)		—		(3,064)		(15,493)
Net other comprehensive income during period	37,336		—		8,465		45,801
Balance, December 31, 2020	$	41,325	$	—	$	(28,707)	$	12,618
Other comprehensive income (loss) before reclassifications	$	(63,714)	$	—	$	25,519	$	(38,195)
Amounts reclassified from accumulated other comprehensive income (loss)
Investment securities losses, net	16		—		—		16
HTM investment securities, net, at amortized cost	1,551		—		—		1,551
Personnel expense	—		—		1,346		1,346
Other expense	—		—		4,594		4,594
Income tax (expense) benefit	15,557		—		(7,803)		7,754
Net other comprehensive income (loss) during period	(46,591)		—		23,656		(22,935)
Balance, December 31, 2021	$	(5,266)	$	—	$	(5,051)	$	(10,317)
Other comprehensive (loss) before reclassifications	$	(250,273)	$	—	$	(51,745)	$	(302,018)
Unrealized (losses) on AFS securities transferred to HTM securities	(67,604)		—		—		(67,604)
Amounts reclassified from accumulated other comprehensive income (loss)
Investment securities losses, net	1,922		—		—		1,922
HTM investment securities, net, at amortized cost	9,870		—		—		9,870
Other assets / accrued expenses and other liabilities	—		3,626		—		3,626
Interest income	—		(212)		—		(212)
Personnel expense	—		—		(325)		(325)
Other expense	—		—		658		658
Income tax (expense) benefit	78,159		(54)		13,495		91,601
Net other comprehensive income (loss) during period	(227,926)		3,360		(37,917)		(262,483)
Balance, December 31, 2022	$	(233,192)	$	3,360	$	(42,968)	$	(272,799)