v3.25.2
Other Comprehensive Income/Loss
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Other Comprehensive Income/Loss
The gross amounts of each component of other comprehensive loss and the related tax effects for the periods indicated are as follows:
Pre-taxTax (Expense) BenefitNet of Tax
Three Months Ended June 30,202520242025202420252024
Investment securities available-for sale:
Change in net unrealized gains during the period$44.7 $2.5 $(11.1)$(0.7)$33.6 $1.8 
Net change in unamortized losses on available-for-sale securities transferred into held-to-maturity(0.1)(0.1)— — (0.1)(0.1)
Cash flow hedge:
Change in unrealized gains (losses) on derivatives0.9 (5.1)(0.1)1.4 0.8 (3.7)
Reclassification adjustment for derivatives net losses included in net income0.4 4.6 (0.1)(1.2)0.3 3.4 
Total other comprehensive income$45.9 $1.9 $(11.3)$(0.5)$34.6 $1.4 
Pre-taxTax (Expense) BenefitNet of Tax
Six Months Ended June 30,202520242025202420252024
Investment securities available-for sale:
Change in net unrealized gains (losses) during the period$115.4 $(23.9)$(28.8)$5.9 $86.6 $(18.0)
Net change in unamortized losses on available-for-sale securities transferred into held-to-maturity(0.1)(0.3)— — (0.1)(0.3)
Cash flow hedge:
Change in unrealized gains (losses) on derivatives1.9 (22.5)(0.4)5.8 1.5 (16.7)
Reclassification adjustment for derivatives net losses included in net income1.4 8.1 (0.4)(2.1)1.0 6.0 
Total other comprehensive income (loss)$118.6 $(38.6)$(29.6)$9.6 $89.0 $(29.0)
The components of accumulated other comprehensive loss, net of related tax effects, are as follows:
June 30, 2025December 31, 2024
Net unrealized loss on investment securities available-for-sale$(227.0)$(313.6)
Net unrealized loss on investment securities transferred to held-to-maturity(6.0)(5.9)
Net unrealized loss on derivatives0.1 (2.4)
Net accumulated other comprehensive loss$(232.9)$(321.9)