Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive loss for the Company are as follows:

($ in thousands)	March 31, 2022		December 31, 2021
Unrealized loss on securities available for sale	$	(213,862)	(32,067)
Deferred tax asset	49,145		7,369
Net unrealized loss on securities available for sale	(164,717)		(24,698)
Postretirement plans liability	(309)		(353)
Deferred tax asset	71		81
Net postretirement plans liability	(238)		(272)
Total accumulated other comprehensive loss	$	(164,955)	(24,970)

The following table discloses the changes in accumulated other comprehensive loss for the three months ended March 31, 2022 (all amounts are net of tax).

($ in thousands)	Unrealized Loss on Securities Available for Sale		Postretirement Plans Asset (Liability)	Total
Beginning balance at January 1, 2022	$	(24,698)	(272)	(24,970)
Other comprehensive loss before reclassifications	(140,019)		—	(140,019)
Amounts reclassified from accumulated other comprehensive income	—		34	34
Net current-period other comprehensive (loss) income	(140,019)		34	(139,985)
Ending balance at March 31, 2022	$	(164,717)	(238)	(164,955)

The following table discloses the changes in accumulated other comprehensive income (loss) for the three months ended March 31, 2021 (all amounts are net of tax).

($ in thousands)	Unrealized Gain (Loss) on Securities Available for Sale		Postretirement Plans Asset (Liability)	Total
Beginning balance at January 1, 2021	$	15,749	(1,399)	14,350
Other comprehensive loss before reclassifications	(18,666)		—	(18,666)
Amounts reclassified from accumulated other comprehensive income	—		131	131
Net current-period other comprehensive (loss) income	(18,666)		131	(18,535)
Ending balance at March 31, 2021	$	(2,917)	(1,268)	(4,185)