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Derivative and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The following table presents the total notional amounts and gross fair values of the Corporation's derivatives, as well as the balance sheet netting adjustments as of September 30, 2024 and December 31, 2023:
 Sep 30, 2024Dec 31, 2023
AssetLiabilityAssetLiability
($ in thousands)Notional AmountFair ValueNotional AmountFair ValueNotional AmountFair ValueNotional AmountFair Value
Designated as hedging instruments:
Interest rate-related instruments(a)
$3,100,000 $20,010 $200,000 $91 $2,300,000 $8,075 $550,000 $930 
Foreign currency exchange forwards277,977 275 104,064 689 231,566 632 189,212 2,946 
Total designated as hedging instruments20,285 780 8,707 3,876 
Not designated as hedging instruments:
Interest rate-related and other instruments3,862,763 95,396 6,526,977 142,560 3,603,513 111,623 6,528,471 195,662 
Foreign currency exchange forwards108,995 4,865 112,825 4,579 87,526 2,954 135,654 2,746 
Mortgage banking(b)
59,674 822 121,000 485 29,490 439 51,500 673 
Total not designated as hedging instruments101,082 147,624 115,016 199,082 
Gross derivatives before netting121,367 148,404 123,723 202,958 
Less: Legally enforceable master netting agreements19,037 19,037 18,234 18,234 
Less: Cash collateral pledged/received8,572 8,631 35,855 — 
Total derivative instruments, after netting$93,758 $120,736 $69,634 $184,724 

(a) The notional amounts of the interest rate-related instruments designated as hedging instruments include forward starting interest rate swaps with an effective date ranging from December 1, 2024 to March 1, 2025, where the asset notional amount and fair value on such swaps were $450 million and $7 million, respectively.
(b) The notional amount of the mortgage derivative asset includes interest rate lock commitments, while the notional amount of the mortgage derivative liability includes forward commitments.
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location The following table presents amounts that were recorded on the consolidated balance sheets related to cumulative basis adjustments for fair value hedges:
Line Item in the Consolidated Balance Sheets in Which the Hedged Item is Included
Carrying Amount of the Hedged Assets/(Liabilities)(a)
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets/(Liabilities)
Carrying Amount of the Hedged Assets/(Liabilities)(a)
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets/(Liabilities)
($ in thousands)Sep 30, 2024Dec 31, 2023
Other long-term funding$(552,832)$(2,832)$(548,634)$1,366 
FHLB advances(596,459)3,541 (590,287)9,713 
Total$(1,149,290)$710 $(1,138,921)$11,079 

(a) Excludes hedged items where only foreign currency risk is the designated hedged risk. At September 30, 2024 and December 31, 2023, the carrying amount excluded for foreign currency denominated loans was $382 million and $421 million, respectively.
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
The tables below identify the effect of fair value and cash flow hedge accounting on the Corporation's consolidated statements of income for the three and nine months ended September 30, 2024 and 2023:
Location and Amount Recognized on the Consolidated Statements of Income in
Fair Value and Cash Flow Hedging Relationships
Three Months Ended Sep 30,Nine Months Ended Sep 30,
2024202320242023
($ in thousands)Interest Income Interest ExpenseInterest IncomeInterest ExpenseInterest IncomeInterest ExpenseInterest IncomeInterest Expense
Total amounts of income/expense presented on the consolidated statements of income in which the effects of the fair value or cash flow hedges are recorded(a)
$(4,736)$5,318 $(4,589)$5,195 $(14,404)$16,007 $(9,286)$12,039 
The effects of fair value and cash flow hedging: Impact on fair value hedging relationships in Subtopic 815-20
Interest contracts:
Hedged items (31)20,148 (74)(9,001)(107)10,369 (189)(18,652)
Derivatives designated as hedging instruments(a)
(4,705)(14,830)(4,516)14,196 (14,297)5,638 (9,097)30,691 
(a) Includes net settlements on the derivatives.
Location and Amount Recognized on the Consolidated Statements of Income in
Fair Value Hedging Relationships
Three Months Ended Sep 30,Nine Months Ended Sep 30,
2024202320242023
($ in thousands)Capital Markets, NetCapital Markets, NetCapital Markets, NetCapital Markets, Net
Total amounts of income/expense presented on the consolidated statements of income in which the effects of the fair value hedges are recorded$— $— $— $— 
The effects of fair value hedging: Impact on fair value hedging relationships in Subtopic 815-20
Foreign currency contracts:
Hedged items5,370 (11,575)(7,969)(2,186)
Derivatives designated as hedging instruments(5,370)11,575 7,969 2,186 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents the effect of cash flow hedge accounting on accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2024 and 2023:
Three Months Ended Sep 30,Nine Months Ended Sep 30,
($ in thousands)2024202320242023
Interest rate-related instruments designated as cash flow hedging instruments
Amount of income (loss) recognized in OCI on cash flow hedge derivative(a)
$25,609 $(13,592)$(639)$(33,976)
Amount of loss reclassified from accumulated other comprehensive income (loss) into interest income(a)
4,705 4,516 14,297 9,097 
(a) The entirety of gains (losses) recognized in OCI as well as the losses reclassified from accumulated other comprehensive income (loss) into interest income were included components in the assessment of hedge effectiveness.
Gain (loss) on derivative instruments not designated as hedging instruments
The table below identifies the effect of derivatives not designated as hedging instruments on the Corporation's consolidated statements of income for the three and nine months ended September 30, 2024 and 2023:
Consolidated Statements of Income Category of Gain / (Loss) 
Recognized in Income		Three Months Ended Sep 30,Nine Months Ended Sep 30,
($ in thousands)2024202320242023
Derivative instruments
Interest rate-related and other instruments — customer and mirror, netCapital markets, net$(215)$222 $(273)$359 
Interest rate-related instruments — MSRs hedgeMortgage banking, net3,363 (5,877)(948)(5,551)
Foreign currency exchange forwardsCapital markets, net1,130 365 1,736 1,751 
Interest rate lock commitments (mortgage)Mortgage banking, net55 (24)383 321 
Forward commitments (mortgage)Mortgage banking, net(390)470 188 853