Accumulated Other Comprehensive (Loss) Income (Tables)

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Activity within accumulated other comprehensive income (loss), net of tax

The following table illustrates the activity within accumulated other comprehensive (loss) income by component, net of tax:

 

(Dollars in thousands)	(Losses) Gains on Available-For-Sale and Transferred Debt Securities		(Losses) Gains on Derivatives Used for Cash Flow Hedges	Total
Balance at January 1, 2022	$	27,038	321	27,359
Other comprehensive (loss) income before reclassifications	(502,611)		5,836	(496,775)
Reclassification adjustments for losses and transfers included in net income	(999)		(611)	(1,610)
Reclassification adjustments for amortization included in net income for transferred securities	2,234		—	2,234
Net current period other comprehensive (loss) income	(501,376)		5,225	(496,151)
Balance at December 31, 2022	$	(474,338)	5,546	(468,792)
Other comprehensive income before reclassifications	92,391		1,521	93,912
Reclassification adjustments for gains (losses) and transfers included in net income	24		(3,452)	(3,428)
Reclassification adjustments for amortization included in net income for transferred securities	4,195		—	4,195
Net current period other comprehensive income (loss)	96,610		(1,931)	94,679
Balance at December 31, 2023	$	(377,728)	3,615	(374,113)
Other comprehensive income before reclassifications	64,386		588	64,974
Reclassification adjustments for losses and transfers included in net income	(42)		(3,663)	(3,705)
Reclassifications adjustments for amortization included in net income for transferred securities	3,548		—	3,548
Net current period other comprehensive income (loss)	67,892		(3,075)	64,817
Balance at December 31, 2024	$	(309,836)	540	(309,296)